Kansas

Peakmade-Olathe
Build-to-RentDevelopmentKansasMidwestNews

PeakMade Breaks Ground on Kansas City-Area BTR Project

by Lynn Peisner

OLATHE, KAN. — PeakMade Real Estate and Blue Vista Capital Management have broken ground on Olathe Commons, a build-to-rent (BTR) community in the Kansas City suburb of Olathe. Developers anticipate leasing will begin in August 2026 with a final project completion date slated for September 2027. Construction financing was provided by Old National Bank, and Open House Group is a joint venture limited partner for the project. Olathe Commons will be comprised of 60 single-family cottages and 154 townhomes. Units will feature two- to four-bedroom layouts with select floorplans offering …

Continue Reading
0 FacebookTwitterLinkedinEmail
oslo-Overland-Park
DevelopmentKansasLeasing & MarketingMidwestNews

Ryan Cos., EPC Open Oslo in Overland Park

by Lynn Peisner

OVERLAND PARK, KAN. — Ryan Cos. and EPC Real Estate Group have opened The Oslo, a four-story, 413-unit property in Overland Park, a suburb of Kansas City. Residents are moving into the first two buildings, which opened in March and May. The remaining buildings are set to open later this year. Developers broke ground in October 2023. Ryan served as the developer, builder and capital markets partner for The Oslo, working in partnership with EPC Real Estate Group on the project. NSPJ Architects led the architectural design. Olsson provided civil …

Continue Reading
0 FacebookTwitterLinkedinEmail
Topeka-Annex-Group
Affordable HousingDevelopmentKansasMidwestNews

Annex Group Breaks Ground on $60 Million Kansas Affordable Housing Project

by Lynn Peisner

TOPEKA, KAN. — The Annex Group broke ground on Union at Tower District, an affordable housing development in Topeka, on June 3. Situated on approximately four acres, the project will include 250 one-, two- and three-bedroom units for households earning 30 to 60 percent of area median income. The $60 million Union at Tower District will consist of two four-story buildings and one three-story building. Amenities will include a courtyard, dog park, playground, community center and fitness center. Project partners include BVH Architecture, REGA Engineering, SBB Engineering, the City of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Stonebriar Woods
FinanceKansasMidwestNews

Northmarq Secures $52 Million Loan for Refinancing of Asset in Metro Kansas City, Missouri

by Channing Hamilton

OVERLAND PARK, KAN. — Northmarq has secured a $52 million Freddie Mac loan for the refinancing of Stonebriar Woods, a 476-unit property in Overland Park, about 13 miles south of Kansas City, Missouri. The garden-style community features a mix of one-, two- and three-bedroom floor plans. Amenities include a pool, clubhouse, tennis court, fitness center and green space. Greg Duvall of Northmarq arranged the loan on behalf of the borrower, Price Brothers, a Kansas City-based real estate investment and development firm.

Continue Reading
0 FacebookTwitterLinkedinEmail
Union at Purple Heart Trail in Wichita, Kansas
Affordable HousingDevelopmentFrom the MagazinesKansasMidwest

Affordable Housing Developers Find Opportunity in Wichita

by Channing Hamilton

Wichita has grown considerably in the past few decades while still maintaining the small-town charm the city is known for. With a population of 397,532 as of the 2020 U.S. Census, Wichita is the largest city in Kansas. The city has grown 4 percent since 2010, when the U.S. Census reported the population as 382,368. The many changes in the city’s demographic makeup and economy have notably changed the multifamily rental housing landscape. Farming remains prevalent in this area, which is tucked into the heart of the Midwest. However, other …

Continue Reading
0 FacebookTwitterLinkedinEmail
Canyon Creek East in Lenexa, Kansas
Affordable HousingDevelopmentFinanceKansasMidwestNews

Walker & Dunlop Arranges $29.6 Million LIHTC Equity for Affordable Housing Development in Lenexa, Kansas

by Channing Hamilton

LENEXA, KAN. — Walker & Dunlop has arranged $29.6 million in federal Low-Income Housing Tax Credit equity for Canyon Creek East, an affordable housing development in the Kansas City suburb of Lenexa. The borrower, MRE Capital, plans to use the funds to finance 40 percent of the project’s total development costs. Jennifer Erixon led the Walker & Dunlop Affordable Equity team that arranged the equity. Canyon Creek East will comprise 212 units across five buildings. The community will target households earning between 30 and 80 percent of the area median …

Continue Reading
0 FacebookTwitterLinkedinEmail
Union at Purple Heart Trail in Wichita, Kansas
Affordable HousingDevelopmentFinanceKansasMidwestNews

Annex Group Underway on $61 Million Affordable Housing Development in Wichita, Kansas

by Channing Hamilton

WICHITA, KAN. — The Annex Group is underway on the construction of Union at Purple Heart Trail, a $61 million affordable housing project in Wichita. Purple Heart Trail will consist of 240 apartments across two four-story buildings. Units will be available to households earning at or below 60 percent of the area median income. Planned amenities include a community center with a fitness center, media center, business center, outdoor gazebo, playground, dog park, walking path and picnic areas. Construction is slated to complete in early 2026. The development team for …

Continue Reading
0 FacebookTwitterLinkedinEmail
The OsLo in Overland Park, Kansas
DevelopmentKansasMidwestNews

Ryan Cos. Breaks Ground on 413-Unit The OsLo in Overland Park, Kansas

by Channing Hamilton

OVERLAND PARK, KAN. — Ryan Cos. has broken ground on The OsLo, a 413-unit complex in the Kansas City suburb of Overland Park. The project will rise four stories at the intersection of 135th Street and Antioch Road. Amenities will include smart technology, a spa, yoga studio, golf simulator, sound studio, coworking areas, a pool, pond and dog park.  The OsLo is being built in partnership with operating partner EPC Real Estate Group. Ryan Cos. is serving as the developer, builder and capital markets provider. NSPJ Architects is the architect, …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Berkley Riverfront sites in Kansas City
Affordable HousingDevelopmentFinanceInvestment SalesKansasMarket ReportsMidwest

Buyers Retreat, Development Peaks in Kansas City

by Channing Hamilton

­While investment sales activity has slowed in the Kansas City apartment market due to the spike in interest rates, development is continuing at a brisk pace. RealPage reports that 8,582 units were under construction in metro Kansas City as of the second quarter. This number is on par with the second quarter of 2022 when 8,422 units were under construction, and significantly higher than the second quarter of 2021 (6,889 units) and the second quarter of 2020 (7,354 units).  Total deliveries in 2023 are expected to rank as the second …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceKansasMidwestNewsPeople News

Northmarq Kansas City Office Adds Joe Heinzler as Vice President

by Channing Hamilton

KANSAS CITY, KAN. — Northmarq has hired Joe Heinzler as vice president to the firm’s Kansas City debt and equity team. In this role, Heinzler will facilitate debt and equity placements for investors and lenders including Freddie Mac, Fannie Mae, life insurance companies and banks. He will work alongside Senior Vice President Greg Duvall and Vice President John Duvall. Before joining Northmarq, Heinzler spent two years as a commercial relationship manager with North American Savings Bank. Prior to this, he an office broker with Kessinger Hunter & Co. He received …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.