Real Estate and Development
The damaging floods in the region seem never ending this year, and property owners have certainly felt the pain. For some small-business owners in the Kansas City, Mo., region, though, some of that might be abated. Non-farm and non-agricultural small…
more
[caption id="attachment_22245" align="alignleft" width="460"] Arterra, a luxury high rise in the Crossroads, has spaces for rent.[/caption] Here's some good news for residential renters and not-as-good-news for landlords: Kansas City rent growth year over year rose 2.8 percent, below the national…
more
Thousands of Jackson County residents received an unwanted surprise in the mail this month in the form of a county assessment letter valuing their properties. Since then, there have been stories of enormous assessed-value increases. In some cases, they more…
more
[caption id="attachment_22223" align="alignleft" width="480"] From left: HealthJoy's Dorfman, Swell Spark's Baysinger, PayIT's Gordon and Andy Rieger.[/caption] Legitimate tariff-strife aside, by most economic measures, the economy doesn't look like it's going to face a major recession the likes of 2008 any…
more
Two of the biggest casinos in the Kansas City area are on track to have the same ownership. Isle of Capri Casino owner Reno, Nev.-based Eldorado Resorts, is purchasing Caesars Entertainment Corp., owner of Harrah's North Kansas City, for $17.3…
more
The Flashcube Apartments project at 720 Main St. has its redevelopment future more secure. Owner WI Flashcube landed a $32.95-million redevelopment loan in a deal arranged by John Schorgl of Berkadia Commercial Mortgage's Kansas City office. The financing came from UC…
more
If Question 1, a referendum on Tuesday's election ballot had passed, a 50-percent cap would have been placed on the amount of tax abatement paid by developers for projects considered economic development in Kansas City. Not surprising then, that the…
more
Kansas City has secured two highly prized federal agencies that have been reviewing relocation sites nationwide: The Department of Agriculture’s Economic Research Service and National Institute of Food and Agriculture. The Kansas City Area Development Council announced that decision with a…
more
The number of Kansas City homes listed on realty Web site Zillow dropped dramatically in April from the same same month last year, according to the firm's monthly Real Estate Market Report. Listings here fell 24.1 percent from April 2018,…
more
Logistics Park Kansas City will be the home to Hostess Brands’ main distribution center as industrial vacancy rates in the area are tightening and strong leasing activity continues. Hostess is moving its distribution operations from Illinois to the Edgerton industrial…
more