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Local News

200-Unit Overland Park Townhome Sold to PPR Capital Management

Posted January 22, 2024 Philadephia-based PPR Capital Management has purchased a 200-unit multifamily townhome in Overland Park. Madison Overland Park is a 200-unit townhome community located near W 139th St just off U.S. Highway 69. PPR secured a loan assumption… more

Transystems Names New CEO and Updated Leadership Roster

Posted January 22, 2024 Kansas City-based TranSystems names its new chief executive officer in addition to a slew of leadership positions. Tim Rock is now the CEO of the company and brings more than 40 years of industry experience with… more

Overland Park-based Strategic Telecom Partners Sells to NY Firm

Posted January 22, 2024 Strategic Telecom Partners, a technology services advisory firm based in Overland Park, has officially sold to UPSTACK, a larger New York firm. Terms of the deal were not disclosed. As part of the transaction, Strategic Telecom’s… more

Phase One Begins for WSU’s Wichita Biomedical Campus

Posted January 22, 2024 Wichita State University has unveiled renderings for its downtown biomedical campus, marking phase one of the collaborative project. The renderings depict an 8-story building of approximately 350,000 square feet. The center also features a 3-story pavilion,… more

Jackson County Legislators Override Frank White’s Veto on Stadium Sales Tax

Posted January 18, 2024 Updated January 23, 2024 Jackson County legislators voted 7-2 Monday to override County Executive Frank White’s veto of a stadium tax ballot question. The decision to override the veto means the 3/8th-cent stadium sales tax will… more

KC Current Hires Industry Veteran Raven Jemison as Team President

Posted January 18, 2024 The Kansas City Current announced the club has appointed 17-year sports industry veteran Raven Jemison as the team president. Jemison has worked in all four major North American team sports. Before joining the club, Jemison spent… more

Palmer Square Subsidiary Enters New York Stock Exchange With $89M IPO

Posted January 18, 2024 Palmer Square Capital BDC Inc. announced its initial public offering and will begin trading on the New York Stock Exchange. Palmer Square Capital BDC arrived on the New York Stock Exchange on Thursday, under the symbol… more

Region Economy Remains Negative, Farmland Prices Index Drops

Posted January 18, 2024 Creighton University released its Rural Mainstreet Index (RMI) report for January, indicating moderate growth in the region but still failing to achieve an above-average rating. The region’s overall reading for January rose to 48.1 from 41.7… more

Fed Beige Book: Interest Rates Leads To Weak Loan Demand for Banks

Posted January 18, 2024 The Federal Reserve Board released its first Beige Book report of 2024, showing the Kansas City region’s consumer spending decreased across several categories and weak loan demand for multiple loan types. The Beige Book is a… more

Industrial Battery Manufacturer to Open First U.S. HQ in Liberty

Posted January 17, 2024 TAB, an international manufacturer of industrial, SLI, and lithium-ion batteries, announced it has chosen Liberty, Missouri as the location of its United States headquarters. TAB is a Slovenia-based company and this new U.S. headquarters marks the… more