Harbor Group International has sold the 807-unit Coach House apartment complex in Kansas City, Mo., for $81.5 million, or $100,991/unit. The Norfolk, Va., investment manager sold the property to a San Francisco investor in a deal brokered by Berkadia, which ...
Kansas City Business Journal Community Buildings of Kansas City is planning to invest between $80 million and $100 million into a multi-phase mixed-use project in that Missouri city. The project, which is being called the Offices at Overlook, is being ...
One AT&T Center had been encumbered by a $107.1 million loan that was securitized through Bear Stearns Commercial Mortgage Securities Trust, 2007-TOP26, and was offered through Mission Capital Advisors, which conducted an online auction on the RealINSIGHT Marketplace platform. The offering ...
Commercial Real Estate Direct Staff Report One AT&T Center, a 1.5 million-square-foot office building that's among the largest in St. Louis, is close to being sold. The property had been encumbered by a $107.1 million loan that was securitized through ...
Kansas City Business Journal Sealy & Co. has purchased a pair of industrial properties in Kansas City, Mo., for an undisclosed price. Brennan Investment Group sold the properties, the Rivergate Business Center and Midtown Park, and was represented in the ...
Commercial Observer Somera Road has filed a lawsuit against TPG Real Estate Finance Trust, alleging the mortgage REIT stopped funding loan advances last month against City Center Square, a 657,070-square-foot office building in Kansas City, Mo. The suit was filed ...
Kansas City Business Journal Odyssey Real Estate Capital has sold seven office and industrial buildings in Kansas City, Mo., for an undisclosed price. The Las Vegas company sold the buildings, all of which are part of the Executive Park development, ...
Infinity at Plaza West Three years ago, the New York real estate company placed a $19.9 million Freddie Mac loan against the property, which by then had seen an improvement in cash flow to $1.5 million from $1.1 million in ...
Burlington Capital Properties has paid $32.5 million, or $145,089/unit, for the 224-unit Infinity at Plaza West apartment property in Kansas City, Mo. The Omaha, Neb., investment manager bought the 71-year-old property, at 4440 Roanoke Parkway, from GFI Capital Resources Group, ...
Kansas City Business Journal NorthPoint Development has started construction on a 952,956-square-foot industrial building in Kansas City, Mo. The property is being built in the Logistics Park Kansas City development, which currently has 13.5 million sf of industrial space. JLL ...
97.2 percent occupied.
CWCapital Asset Management has placed the $43.8 million CMBS loan against the 409,920-square-foot Gateway One office building in St. Louis on the sales block. The loan is the largest of nine remaining in the collateral pool for Merrill Lynch Mortgage ...
Commercial Real Estate Direct Staff Report Platform Ventures has paid $118.25 million, or $466/sf, for Plaza Vista, a 253,720-square-foot office property in Kansas City, Mo. The Fairway, Kan., investment manager has some $1.4 billion of assets under management and capitalizes ...
Commercial Real Estate Direct Staff Report KBS REIT II Inc. has sold two office properties with 719,317 square feet in Florida and Missouri for $131.5 million. The Newport Beach, Calif., REIT, whose shares do not trade on any exchange, sold ...
Kansas City Business Journal Stag Commercial is developing a $40 million mixed-use property in the Kansas City suburb of Olathe, Kan. The property is being planned for a 24-acre site near State Highway 7 and West Santa Fe Street. Plans ...
Kansas City Business Journal Cityscape Residential has received approvals to build a 276-unit apartment property in downtown Lee's Summit, Mo., about 20 miles southeast of Kansas City. The $52 million development is being built at the corner of Second and ...
Kansas City Business Journal City Ventures has bought Park Central I and II, a pair of office buildings with a combined 150,000 square feet in Kansas City, Mo. The sales price was not disclosed. Sun Life Assurance Co. sold the ...
Kansas City Business Journal Hamilton Zanze & Co. has acquired the 420-unit Cornerstone Apartments in the Kansas City suburb of Independence, Mo. The seller and price were not disclosed. The property, at 3950 South Jackson Drive, was built in 2004 ...
Commercial Real Estate Direct Staff Report The recent sale of the Independence Mall in suburban Kansas City, Mo., resulted in a $149.7 million loss to Wachovia Bank Commercial Mortgage Trust, 2007-C33, the CMBS deal that had held a $200 million ...
Kansas City Business Journal Canyon View Capital has bought the 141-unit Landings at River Market apartments in Kansas City, Mo., for an undisclosed price. A venture of Artemis Real Estate Partners and CRES Management sold the three-building property, at 401 ...
Kansas City Business Journal Construction is underway on a 575,000-square-foot industrial building in the Northland Park business complex in Kansas City, Mo. NorthPoint Development is the project's developer. The building is the fifth for the property, which sits near Missouri ...
The sale resolves a distressed $200 million loan that was securitized through Wachovia Bank Commercial Mortgage Trust, 2007-C33, and had been in special servicing since May 2017. Because the loan had been with special servicer Torchlight Investors for so long, ...
Commercial Real Estate Direct Staff Report The 318-unit Aspen Heights student-housing property near the University of Missouri in Columbia, Mo., has been appraised at a value of $40 million - 44 percent less than its value just six years ago, ...
Dallas CityBizList A venture of Rainier Realty Investments and Continuum Investments has bought the 308,200-square-foot Truman's Marketplace retail power center in Kansas City, Mo. The seller and purchase price were not disclosed. Metropolitan Capital Advisors arranged acquisition financing, terms of ...
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