Market Rate Housing - Kansas City
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Adaptive Reuse Project in Kansas City Lands $33M Loan
The redevelopment of the former Commerce Bank Executive Office building in downtown Kansas City, Mo., will create a 184-unit community. Berkadia originated the financing.
24 June 2019 13:34 -
JV Buys 624-Unit Asset in Missouri
The new owner intends to spend $13.8 million on renovating the 1997-built community in Kansas City. GoldOller Real Estate Investments sold the property after almost seven years of ownership.
14 June 2019 08:45 -
Kansas City Community Changes Hands
Prosperity CRE purchased an 80-unit property located some 8 miles from downtown. After renovations and upgrades, the property will be rebranded as Hidden Hills Apartments.
10 June 2019 15:44 -
Artisan Capital Group Buys Downtown KC Portfolio
Besides facilitating the sale, HFF arranged a $51.1 million financing which included a $38.8 million Fannie Mae loan and $12.3 million in joint venture equity.
07 June 2019 20:51 -
Hamilton Zanze Acquires MO Community
Located in Independence, Cornerstone offers 420 units and will undergo a capital improvement plan that will enhance its business center and clubhouse, as well as adding new amenities.
10 April 2019 13:33 -
Downtown KC Community Changes Hands
The Landings at River Market encompasses 141 units and is located in the city’s River Market neighborhood. The previous owner upgraded nearly half of the units.
15 March 2019 16:09 -
Hamilton Zanze Buys Suburban Kansas City Community
The company has entered the Kansas market with the $40.4 million purchase of a 272-unit rental community located in the city’s Overland Park submarket.
08 March 2019 14:26 -
KC Development Receives $52M in Financing
West Bottom Flats will encompass 265 units and 5,500 square feet of commercial space. Completion of the $66 million redevelopment is targeted for 2020.
14 February 2019 15:39 -
Top 10 Multifamily Completions in the Midwest in 2018
With more than 35,000 new units, multifamily development in the Midwest closed a very active 2018, on par with national trends.
28 January 2019 13:04 -
Suburban Kansas City Community Commands $74M
Carroll Organization sold the 402-unit asset less than three years after acquiring it. The transaction was subject to a $50.9 million Freddie Mac loan.
28 January 2019 05:28 -
Marcus & Millichap Brokers KC Sale
Nick Fluellen, Bard Hoover and Max Helgeson represented both the seller and the buyer in the transaction involving the 309-unit lakeside community.
11 January 2019 14:39 -
On the Market: 5 Interesting Listings for the Week of 9/17
This week's roundup includes a luxury high-rise in the heart of Miami, a student housing opportunity in Baltimore and an adaptive-reuse property in the Richmond area, among others.
21 September 2018 17:23 -
KC Portfolio Scores Acquisition Loan
The two market-rate communities located west of Kansas City add up to 132 units and last traded roughly 15 years ago.
18 September 2018 14:56 -
Cohen-Esrey Acquires 352-Unit KC Community
The previous owner of the 1986-built property invested close to $2.5 million in renovations and upgrades during the last five years.
14 September 2018 13:17 -
City Club Apartments Breaks Ground in KC
The development is located in the city’s Crossroads neighborhood and is set to include 283 units, as well as retail and dining space.
14 September 2018 10:38