Multifamily news in Kansas City

Prism Picks Up KC Community
The property consists of 54 three-bedroom townhome units, each containing an attached garage and more than 1,500 square feet of living space.
Market Rate
Phase 2 of Multigenerational Community Opens in MO
The Estoria features short-term recovery, rehabilitation and skilled nursing facilities in 60 residential suites. The rehab center is part of the 17-acre Norterre development, located roughly 17 miles of downtown Kansas City.
Slideshow
KWK Architects Designs 324-Bed KS Community
The student housing community is scheduled to open in August 2019 and will replace Central and Northeast Morse halls, which total 265 beds.
Student Housing

  • On the Market: 5 Interesting Listings for the Week of 2/26

    This week's listings include a former hotel in Kansas City and an asset located near Arizona State University in Tempe.

    02 March 2018 17:02

  • JVM Snaps Up 138-Unit Downtown KC Community

    The investment and property management firm acquired Apex on Quality Hill, a luxury asset in Missouri’s largest city. The company also owns and manages Apex's sister property, located one block away.

    06 February 2018 09:06

  • Supply Surge Dampens Rent Growth in Kansas City

    The metro continues to attract large employers and consolidate its status as a destination for travel and investment. However, the multifamily development boom has led to a rent growth slowdown.

    31 January 2018 18:59

  • CBRE Promotes Jeff Stingley to EVP

    Based in Kansas City, Mo., Stingley has arranged $1.3 billion in multifamily sales during the past two years. He is the first professional in the history of the office to achieve this title.

    08 November 2017 12:01

  • Passco Nabs 5th Property in KC Metro Area

    Greenwood Reserve, a 228-unit luxury community in Olathe, Kan., traded for $38.3 million. Jeff Stingley of CBRE represented both the buyer and the seller, an affiliated entity of Cityscape Residential. Chris Black and Caleb Marten of KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing through Fannie Mae.

    06 November 2017 17:40

  • Berkadia Completes Sale, Secures Financing for MO Property

    The Links at Parkville Apartments is a 244-unit multifamily asset in Parkville, near Kansas City. Senior Director Michael Sullivan, Director Brett Meinzer and Managing Director Alex Blagojevich worked on behalf of the seller.

    31 October 2017 09:27

  • Kansas City’s Growth Story

    Appealing workplaces, such as WeWork, are opening in the metro's core submarkets, attracting young professionals to live-work-play environments. Job growth has exceeded the national average and helps maintain a robust demand for apartments.

    05 October 2017 14:18

  • PAC Lands 260-Unit KC-Area Community

    Adara Overland Park is a recently built Class A multifamily asset in Overland Park, Kan. Preferred Apartment Communities (PAC) financed the acquisition using a Freddie Mac loan.

    04 October 2017 18:52

  • U of Kansas Boosts Student Housing Capacity

    The four-building project will offer 1,238 beds serving the University of Kansas. This marks the company’s largest project and the first one in Kansas.

    05 September 2017 16:28

  • HOK-Designed ARTerra Tower Underway in MO

    The community, developed by Altus Properties and Copaken Brooks, features design elements intended to make the building instantly recognizable in Kansas City and beyond.

    25 August 2017 15:46

  • Passco Trades Remaining Interest in KS Property for $48M

    The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.

    16 August 2017 17:31

  • Cordish Tops Off $120M MO High Rise

    Scheduled to open in 2018, the 296-unit Two Light is the second new construction high-rise apartment building in downtown Kansas City in the last 50 years.

    10 August 2017 14:58

  • Berkadia Leads Sale of 192-Bed Kansas Community

    The company arranged the $6.9 million sale on behalf of the seller. The 84-unit student housing property services Butler Community College.

    08 August 2017 20:45

  • Kansas City’s New Look

    Kansas City is in the midst of a transformation, growing as a financial and research center, with increased investment in infrastructure, all of which support multifamily fundamentals.

    19 May 2017 13:19

  • JVM Starts Renovations on Kansas City Communities

    The upgrades include revamped clubhouses and common areas. Apartment units will also be improved over the next couple of years.

    28 April 2017 08:10