Post Road Management Nearly Triples Wichita Multifamily Holdings
Post Road Management, a full-service real estate investment and management company, has acquired a portfolio of 11 multifamily communities, all located in Wichita, KS and the greater metro area. The firm has nearly tripled its multifamily footprint in the Wichita market with the acquisition, which totals 1,002 units and ranges from Class A to workforce housing.
“More than three years ago, our team had the foresight to enter the Wichita market, which is experiencing organic growth and saw an exceptional recovery from the pandemic,” said Borko Milosev, principal and partner at Post Road. “Wichita is a supply-constrained market, with absorption surpassing unit deliveries in 2022, and this trend is projected to continue to be the case through this year.”
Alex Blagojevich, Brett Meinzer, Colton Howell and Richard Redding of MMG Real Estate Advisors marketed the property on behalf of the seller and sourced Post Road Management as the buyer.