Multifamily news in Market Rate Housing - Kansas City
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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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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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Watermark Residential Begins Kansas City Project
The garden-style community in Missouri’s fastest-growing county will feature 276 units.
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NXT Capital Arranges Refi for Kansas City-Area Property
The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.
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Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
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Berkadia Secures $15M for Kansas City Community
Managing Director Andy Ahlers arranged the 15-year Fannie Mae loan to refinance a 234-unit Class B property in Independence, Mo.
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Suburban KC Community Changes Hands
Block Real Estate Services and Thackeray Partners took out a $40 million Fannie Mae loan to finance the acquisition of the 408-unit Barrington Park Townhomes in Lenexa, Kan.
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Top 5 Multifamily Developments in Kansas City
Following a sizeable number of completions in the past year, developers are moving forward with a number of projects targeting the metro’s high-growth submarkets.
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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.
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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.
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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.
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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.
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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.
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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.
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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.