News - Kansas City

  • 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.

    11 July 2019 12:40
  • 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.

    26 June 2019 12:16
  • 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
  • Luxury Community Opens in Downtown KC

    Copaken Brooks and Altus Properties have finished work on Arterra, a 126-unit property in the Crossroads Arts District. The 12-story building includes 1,800 square feet of retail space.

    06 May 2019 07:37
  • 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
  • Kansas City Multifamily Report – Winter 2019

    Despite an uptick in deliveries, demand for apartments remains robust across the metro, where occupancy in stabilized properties rose to 94.9 percent as of November.

    28 February 2019 13:28
  • 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
  • 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
  • New Community Breaks Ground in Kansas City

    A partnership of Copaken Brooks, CP Real Estate Capital and Burns & McDonnell has designed and is building Reverb, a 132-unit mixed-use project in the Crossroads Arts District.

    25 January 2019 15:11
  • Luxury Community Changes Hands in KC

    Union Berkley Riverfront Park includes 407 units and 12,400 square feet of retail space. Flaherty & Collins Properties broke ground on the project in 2016 and completed it in 2018.

    14 January 2019 16:47