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Chicago & Midwest  + Midwest  + Apartments  | 

NorthMarq Finalizes Sale of Kansas City Apartments

Parker Stewart and Dominic Martinez of NorthMarq’s St. Louis regional office and Jeff Lamott and Gabe Tovar of NorthMarq’s Kansas City regional office represented Orion Holdings, Inc. in the sale of the Apartments at Bristol Park in Kansas City, MO. 

Jeff Deharty in the Denver NorthMarq office provided competitive financing through Fannie Mae for the buyer, Gold Block Ventures. Pricing wasn’t disclosed.

Constructed in 2009, the Class A property features large one-, two-, and three-bedroom floorplans with nine-foot ceilings, washer & dryers and well-appointed kitchens, with patios or balconies. Common area amenities include a resort-style swimming pool, poolside lounge and bar, 24-hour fitness center and resident lounge.

“This was an attractive opportunity given its physical quality and its location situated in the pattern of growth,” said Martinez. “The asset should benefit tremendously with the recent news of Amazon’s new 70,000-square-foot delivery center and other economic drivers within the submarket.”

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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 16-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 7-10 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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