Northmarq’s Kansas City Investment Sales team, led by David Belpedio, Jeff Lamott and Casey Wilhm, brokered the sale of The Robert Browning Apartments, a 64-unit mid-rise multifamily community located at 4809 Roanoke Pkwy. in Kansas City, Missouri.
Northmarq represented the seller, Bellada LLC, in the transaction. The buyer is Bird Enterprises LLC.
“Representing the long-time family owners of the Robert Browning Apartments was a privilege,” Belpedio said. “This is one of the remaining historically and architecturally significant buildings on the Country Club Plaza, with 1920s character and detailing that is truly irreplaceable. Even as the Plaza undergoes a $1.5 billion transformation, a thoughtfully preserved asset like this one generated strong interest and demonstrated that historic properties can create value well beyond the numbers. At Northmarq, we work with both family owners and institutional groups, and part of our job is helping tell those stories.”…