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OLATHE, KAN. — Chicago-based 29th Street Capital has acquired Chestnut Heights Townhomes in Olathe. The 161-unit townhome community will be managed by 29th Street Living, the company’s property management division. The buyer partnered with New York City-headquartered Basis Investment Group via the firm’s BIG Equity Value-Add Fund II for the acquisition of the property and a capital improvement program. Chestnut Heights is comprised of two- and three-bedroom floor plans.