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  • Irongate Pays $98M for Kansas City Multifamily Portfolio

    Pursuing its goal of increasing holdings throughout the country, Irongate Realty Partners, LLC has recently acquired three multifamily properties in Kansas City for $98.65 million. The Class A multifamily portfolio consists of 846 residential units and over 950,000 square feet, in three apartment communities.

    Kansas City 11 January 2013 21:21

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    Both private and public construction spending declined for the month in almost every property category, according to the Census Bureau, including in lodging and health care.

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    NGKF's Executive Managing Director Jerry Jacobs and Associate Joe Vale represented the buyer, who paid $2.2 million for the 17,149-square-foot Class A industrial building.

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    HFF lined up the insurance-company financing for 1 million square feet of properties spanning seven mostly Southern states.

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