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Downtown KC Apartments Trade to Abacus Capital
CBRE arranged the sale of Fountain View on the Plaza, a 398-unit luxury apartment community in Kansas City that was built in 1998. A global investment advisor sold the property to an affiliate of Abacus Capital Group for an undisclosed sum.
The acquisition of Fountain View, located next to downtown Kansas City’s Country Club Plaza, represents a return to the Kansas City market for the New York-based buyer after four years. EVP Jeff Stingley of CBRE’s Kansas City office, along with senior associates Max Helgeson and Michael Spero, represented the seller.
“Fountain View is the community of choice for Kansas City renters wanting to live at the doorstep of the metro’s top amenities and attractions, while at a discount to the submarket’s newer developments and single-family homes,” said Stingley. ‘The high-profile, in-fill site is among the best in the Midwest and will provide significant risk mitigation for future ownership.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition


