City: Kansas City
$232.5Mln CMBS Loan Against Kansas City-Area Office Property Lands in Special Servicing
Commercial Real Estate Direct Staff Report The $232.5 million loan against the 3.27 million-square-foot Aspiria office campus in Overland Park, Kan., has transferred to special servicing due to imminent default. The transfer to special servicer KeyBank was highlighted this morning ...
VanTrust Breaks Ground on 2.36Mln-SF Industrial Property in Platte City, Mo.
Kansas City Business Journal VanTrust Real Estate has broken ground on Platte International Commerce Center, a 2.36 million-square-foot industrial property in Platte City, Mo. The Kansas City, Mo., developer is building the property north of State Route 92 and east ...
228-Unit Apartment Property to Break Ground in Kansas City, Kan.
REBusiness Online A venture of Hunt Midwest and LANE4 Property Group is breaking ground this month on the Hudson, a 228-unit apartment property in Kansas City, Kan. The property is being constructed at the corner of 36th Street and Rainbow ...
Timberlane Village
Newmark wrote a Fannie Mae loan to facilitate the purchase. It pays a fixed rate and takes out a $15.67 million Fannie mortgage that's securitized through FNA, 2016-M12. That loan paid a 3.91 percent coupon and wasn't set to mature ...
456-Unit Apartment Property in Kansas City, Mo., Changes Hands
Commercial Real Estate Direct Staff Report Venterra Realty has acquired Timberlane Village, a 456-unit apartment property in Kansas City, Mo. The purchase price could not be learned immediately. The Houston company purchased the property from its developer, a local investor ...
Eagle Realty Lends $59.7Mln Against Overland Park, Kan., Apartment Property
Eagle Realty Group has provided $59.7 million of financing against the Residences at Galleria, a 322-unit apartment property in Overland Park, Kan. JLL Capital Markets arranged the financing on behalf of the property’s developer, Block Real Estate Services of Chesterfield, ...
Urban Outfitters Plans 604,000-SF Industrial Property in Raymore, Mo.
Commercial Property Executive Urban Outfitters Inc. is planning a 604,000-square-foot building within the Raymore Commerce Center, a 2 million-sf industrial property in Raymore, Mo., about 24 miles south of Kansas City, Mo. The Philadelphia retailer is investing $60 million on ...
Peak Capital Buys Kansas City, Mo., Apartment Property for $23.8Mln
Peak Capital Partners has paid $23.8 million, or $198,333/unit, for Province at Briarcliff, a 120-unit apartment property in Kansas City, Mo. The Provo, Utah, investor purchased the property from Forum Real Estate Group in a deal brokered by Northmarq. The ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
