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Chicago & Midwest  + Midwest  + Apartments  | 
Medici Apartments and Townhomes in Overland Park, KS has been sold for $43.6 million

Midloch, Artisan Capital Trade Overland Park Apartments for $44M 

Midloch Investment Partners and Artisan Capital Group (ACG) have sold Villa Medici Apartments and Townhomes in Overland Park, KS for $43.6 million. Midloch and ACG acquired the property in the Kansas City metro area in August 2020 after initially contracting to buy it in February 2020 as COVID-19 was taking hold. The purchase price was $25 million. 

“Villa Medici is a special property that we were able to identify and acquire in uncertain times,” said Andy Sinclair, Midloch CEO and principal. “The investment not only proved successful but outperformed our expectations. We look forward to acquiring other assets with value-add potential in the Kansas City market and in other areas throughout the Midwest.” 

Villa Medici was developed by J.C. Nichols Company, the developer of Kansas City’s famed Country Club Plaza. Jeff Stingley and Max Helgeson of CBRE represented Midloch and ACG in the sale. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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