Local News
The U.S. Senate has passed a bill that would give another $484 billion to small businesses and hospitals. It's a move that was partially pushed by the Small Business Administration last week running out of $350 billion in funds that…
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StorageMart, based in Columbia, Mo., added more than 310 climate-controlled storage units to its portfolio with the purchase of Go Storage in Downtown Kansas City, which totals 21,720 square feet. Recently renovated with a new elevator was installed, the facility…
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Net lease transaction volume nationally for the year's first quarter were up during the first quarter, but that was before the major pain from COVID-19 hit the commercial real estate market. Transaction growth was on pace with 2019 volumes, which…
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Independent mortgage banks and mortgage subsidiaries of chartered banks saw their a major year-over-year bump in profit on each loan originated, according to the Mortgage Bakers Assication. The jump in profit rose to $1,470 on each loan from $367 the…
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Conner Beese is a broker at Copaken Brooks who specializes in the office market. He talked about how leasing has changed in the COVID-19 era. Q: Are there deals going on right now, and if so, what kinds of tenants…
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Median home prices rose in the United States in March by 7.7 percent year over year, but for-sales listing plunged from a year ago, according to Redfin. Listings were especially lower year over year in the Kansas City area, which…
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Kansas City-based Triumph Premium Finance, which provides financial services for customers to purchase property and casualty insurance products through a network of independent insurance agency customers across the country, is being acquired by Peoples Bank, based in Ohio. Triumph recorded…
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The University of Missouri System is facing a $180-million budget shortfall, and the University of Missouri - Kansas City is not immune to the problem. Chancellor C. Mauli Agrawal reportedly sent an e-mail to staff and faculty asking all administrative…
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The oil industry is among those feeling pain due to COVID-19, and futures prices have dropped to below zero for the first time ever in history. The West Texas Intermediate fell to negative $37.63 per barrel for May, which means…
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The restaurant industry has had widespread strife since stay-at-home orders were put into place in states across the country, and now the National Restaurant Association (NRA) lobbying group is asking Congress for funding. The group is reportedly asking Congress for…
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