Waldo District in Kansas City, Missouri

JLL Capital Markets Arranges $12.7 Million Equity Investment for Waldo District in Kansas City, Missouri

by Channing Hamilton

KANSAS CITY, MO. — JLL Capital Markets has arranged a $12.7 million equity investment for the construction of Waldo District in the Waldo neighborhood of Kansas City. JLL worked on behalf of the borrower, EPC Real Estate Group, to secure the equity investment with a national fund manager. Mark Erland and Kevin Barron led the JLL Capital Markets team. Atlanta-based architect BRR designed the community.

Waldo District will comprise 284 units across six stories. Community amenities will include a clubhouse, media area with wine lounge, golf simulator and e-sports, fitness center, office space, dog pa, bike storage and repair, pool, fire pits, outdoor grills, outdoor televisions and landscaped courtyards. The property will also feature 12,494 square feet of retail space, as well as approximately 349 parking spaces within a structured garage.

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