Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • Publications
MissouriFinance

CBRE closes $8.75 million loan to refinance Kansas City’s Westport Commons

March 26, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

CBRE recently closed an $8.75 million loan to refinance Westport Commons in Kansas City, Missouri. Bank financing was sourced by John Perlik and Don Coleman from CBRE|Capstone on behalf of their client, Sustainable Development Partners of Kansas City.

CBRE successfully secured private bank permanent financing on a fixed-rate basis and amortized over 20 years. This financing enabled the client to take out existing project loans to afford the developer’s greater business efficiencies.

The developers, Sustainable Development Partners of Kansas City, purchased the abandoned 100-year-old former Westport Junior High School and used federal and state historic tax credits, in conjunction with new market tax credits and private equity to convert the space into a state of the art co-working office facility.

Tags
CBREfinanceKansas CityMissourioffice
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MissouriCRE

St. Louis’ Western Specialty Contractors adds regional business development manager

June 20, 2025
N DakotaNet Lease

Blue West Capital brokers sale of Planet Fitness in North Dakota

June 20, 2025
MissouriCRE

St. Louis’ Lawrence Group adds associate principal

June 20, 2025
MissouriOffice

IMPACT Strategies relocates to Clayton office

June 20, 2025

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Advertise
  • Terms and Conditions
  • Contact
© 2025 REjournals.com