Hamilton Zanze, a San Francisco–based multifamily real estate investment firm, announced it has sponsored the purchase of Legends 267, a six-story apartment community in Kansas City, Kan. The acquisition closed on Sept. 17.
Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the one-year-old property, which serves as a key residential component of the Village West mixed-use development in west Kansas City.
"Kansas City continues to be a high-performing market offering resilient yield and consistent operations," said David Nelson, president and CIO at Hamilton Zanze. "The city's marginal incoming apartment development, strong employment growth, diverse economy, high local household incomes, municipal investment in business and population growth give us conviction in our recent and ongoing investment in the market. We are excited about the acquisition of Legends 267 and will continue to evaluate further expansion in the MSA."
Loca
