OVERLAND PARK, KAN. — JLL Capital Markets has closed over $59.7 million in refinancing for The Residences at Galleria, a newly constructed, 322-unit community in the Kansas City suburb of Overland Park, Kansas. JLL represented the borrower, Block Real Estate Services, to secure the financing through Eagle Realty Group. The JLL Capital Markets Debt Advisory team was Jody Thornton, Mark Erland and Tony Nargi.
Completed in 2022, the five-story The Residences at Galleria features one-, two- and three-bedroom units with large private patios, smart home features and an average unit size of 942 square feet. Community amenities include a fitness center with yoga and cycle studios, coworking space, day spa with a massage room, pool with hot tub, sundeck with private cabanas and media lounge.
The apartment community is part of the Galleria 115 masterplan, a 37-acre, $350 million mixed-use development that will feature 350,000 square feet of office space, over 105,000 square feet of retail and 678 apartment units upon completion.