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Chicago & Midwest  + Midwest  + Apartments  |  January 4, 2024
Jasmine Kilman
By: Jasmine Kilman

Equus Announces Sale of Madison Overland Park in KS

Equus Capital Partners, Ltd,  a real estate investment management firm, announced an affiliate completed the sale of Madison Overland Park, a 200-unit garden-style multi-family community located in the Overland Park market of Kansas City, Kansas. 

The sale was made on behalf of Equus Investment Partnership XI, L.P. (“Fund XI”), a discretionary equity fund managed by Equus. Jeff Stingley of CBRE represented the seller in the transaction.

Madison Overland Park includes a total of 17.5 acres, and the townhome-style community includes a mixture of two- and three-bedroom apartment units. Since its acquisition in 2019, Equus completed a $2.7M capital improvement program including unit renovations for water conservation and energy efficiency. 

Madison Overland Park is located in a residential neighborhood within the Johnson County multifamily submarket of the Kansas City MSA. The property is near retail centers with tenants such as Lifetime Fitness, Sprouts Farmers Market, Ulta Beauty, REI, First Watch, Chipotle, and Noodles & Company.

Read More News Stories About: CBRE
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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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