Multifamily news in Kansas City
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Nonprofit Lands Financing for Missouri’s Largest Affordable Housing Community
The owner will implement a $30 million renovation plan at the 745-unit property in Independence.
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Kansas City Multifamily Report – Fall 2020
In line with other secondary markets, the metro strongly outperformed gateway cities in 2020.
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Foundry Commercial JV Buys Kansas City Senior Community
Built in 2015, the community offers 120 assisted living and memory care units across 100,000 square feet.
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Vazza Real Estate Buys Kansas City-Area Affordable Asset
Walker & Dunlop provided $14.1 million in acquisition financing for the 161-unit property in Olathe, Kan.
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Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
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Avenue Living Expands US Holdings With $40M Kansas City Buy
The seller purchased the 342-unit portfolio in 2017 from GoldOller Real Estate Investments.
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Top 5 Midwestern Markets for Multifamily Transactions
Even as deal velocity has slowed nationwide, one market’s volume through October picked up by nearly 50 percent compared to last year.
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JV Buys Suburban Kansas City Community for $48M
Fogelman Properties sold the 254-unit Savoy Luxury Apartments in Overland Park, Kan., after a seven-year ownership.
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Watermark Residential Sells Kansas City Asset for $60M
The affiliate of Thompson Thrift completed the 276-unit luxury community in Northland last year.
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Abacus Capital Acquires Luxury Kansas City Community
Newmark Knight Frank provided a $43.5 million Fannie Mae loan to the new owner.
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REAL Property Group Wraps Kansas City-Area Mixed-Use Project
The property comprises 65 apartments and 10,000 square feet of Class A office space.
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Kansas City Multifamily Report – Summer 2020
The health crisis deeply impacted the metro's economy, but rentals proved resilient, bucking national trends.
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Harbor Group International Sells Kansas City Asset for $82M
Berkadia’s Mid Markets Group handled the complicated closing for the 807-unit multifamily property.
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Top 5 Midwestern Markets for Multifamily Development
Construction projects in five metros account for more than 60 percent of the region’s units underway, according to Yardi Matrix data.
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Top 5 Midwestern Markets for Multifamily Transactions
Yardi Matrix data shows that more than two thirds of the $1.5 billion closed in the first quarter involved assets in only five of the region’s metros.