YES, a real estate investment trust (REIT), is one of the largest owners and operators of manufactured housing communities in the country.
Denver real estate investor buys 541-site project in Kansas City
Category: Real Estate
Legal Services of Eastern Missouri sues HUD for records related to Wellston public housing
The lawsuit, filed in the U.S. District Court for the District of Columbia, is an effort to force HUD to release documents concerning the agency’s involvement in a plan to demolish public housing in Wellston, Missouri.
Developer to build $16 million medical office building in Lee’s Summit
Grain Belt electric transmission line wins MO regulatory approval
Following eight years of setbacks, the new owner of Grain Belt Express Clean Line won unanimous approval from the Missouri Public Service Commission to build a power transmission line across northern Missouri. Grain Belt Express has proposed a $2.35 billion,…
Daily update: Missouri economic growth, Rural hospital struggles, Man sentenced for investment fraud, and more…
Happy Friday! It’s International Women’s Day.
The Midwest economy is continuing its strong growth and Missouri’s prospects look good as the February Business Conditions Index climbed…. I-70 Community Hospital has been cut off from the federal Medicare program…. And a Missouri man was sentenced to prison for fraud in a $4.7 million investment scheme.
Daily update: Tension Corp. acquisition, Boone County event center, Taylors and Missouri billionaires in the news, and more…
Tension Corp. expanding with Dallas acquisition Kansas City-based Tension Corp. has agreed to buy Motion Envelope Inc., a family-owned envelope manufacturer in Dallas. Financial terms of the deal weren’t disclosed. Bill Berkley is president and CEO of Tension Corp., which…
Daily update: WellSky, Agilis Systems, Home flipping, Mortgage rates, Energizer phone in the news and more
WellSky buys Health Care Software Inc. Lenexa, Kansas health care technology company WellSky has acquired New Jersey-based Health Care Software Inc. Terms of the deal weren’t disclosed. Health Care Software is a provider of clinical and financial IT software for…
Payless closing all 2,100 stores; Catholic Charities joins housing initiative; Meth is making a resurgence in MO
Payless Shoesource said Feb. 15 that it will close all 2,100 of its retail stores in the United States. Payless has more than 40 locations in Missouri — 22 locations in the St. Louis area; 14 in the Kansas City…
Financing closes on $68 million, 5-building KC development; AgMaxx CEO named director of public cannabis company; Sinquefield donates $800,000 to Mizzou
Cleveland developer MCM Company Inc. has closed on the financing for the $68 million West Bottoms development in Kansas City. The project will restore five historic buildings which together comprise nearly an entire city block in the West Bottoms neighborhood.…
Duggan gives testimony before MO House in support of Airbnb
Joseph Duggan gave testimony to the Missouri House of Representatives on Feb. 11 in support of HR 473, legislation to pre-empt municipalities from killing Airbnb. Duggan is a St. Louis-based entrepreneur, investor and strategic public affairs consultant. He is founder…
Kansas City and St. Louis battling national trends
By Patrick Tuohey, director of municipal policy at the Show-Me Institute From costly bad bets subsidizing the development of Kansas City’s Power & Light District to promoting the St. Louis Ballpark Village at the expense of businesses already in the area, city…
5 big transportation projects win $90 million; Aegion gets new controller; New York company buys St. Louis property for $10 million
Five big projects will move forward with an award yesterday of $90 million in grants from the U.S. Department of Transportation. The grants were awarded through the Better Utilizing Investments to Leverage Development program, which is for nationally and regionally…