Chicago & Midwest + Midwest + Apartments | April 17, 2023

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.

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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).

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