PPR Capital Management Acquires 224-Unit MF in Kansas City

PPR Capital Management (PPR), a private equity real estate investment firm, has acquired Infinity at Plaza West, a 224-unit garden-style multifamily community located in Kansas City, Missouri.

Through strategic financing that includes a favorable 3.90% loan assumption, PPR has structured the $33.6 million acquisition to maximize value-add opportunities while maintaining efficient capital deployment.

The investment structure includes a total equity investment of $11.4 million, with PPR contributing $10.2 million as the primary equity partner. PPR worked alongside Aspen Funds as the general partner and Petra as co-general partner and on-site property manager.

The property is located in close proximity to the Country Club Plaza, a popular Kansas City retail and lifestyle destination. The acquisition is PPR’s second investment in the Kansas City metropolitan area.

“By acquiring this asset below market basis with attractive financing terms, we are well-positioned to implement our capital improvement strategy and create additional value for our investors,” said Steve Meyer, CEO of PPR Capital Management.

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