AUSTIN, Texas, August 23, 2024 — DALLAS, Texas — September 12, 2023 — Stratton Capital Group has announced the closing of a $10.7 million bridge loan secured by a Class A multifamily property in Kansas City, Missouri.

The financing was structured to support recapitalization and light value-add improvements for a well-located, recently stabilized asset, allowing the sponsor to enhance operational performance and maximize long-term value.

The property, The Landing at River Market, is a 156-unit mid-rise community situated in the heart of Kansas City’s River Market District—one of the city’s most active residential and mixed-use submarkets. The community offers modern apartment interiors, smart-home features, and curated amenities including a fitness studio, rooftop terrace, and resident co-working lounge.

The bridge loan provides the sponsor with the flexibility to execute targeted upgrades, reposition select common areas, and strengthen the property’s market profile ahead of a planned permanent refinance.

“We’re pleased to provide a flexible capital solution for a strong sponsor in one of the Midwest’s most dynamic multifamily markets,” said David Jackson, Co-Chief Executive Officer of Stratton Capital Group. “Kansas City continues to see sustained rent growth and in-migration, making it an attractive environment for bridge lending opportunities.”

Stratton Capital Group’s bridge lending platform offers short- to mid-term financing from $5 million to $100 million, focused on multifamily, mixed-use, and commercial assets nationwide. The firm continues to expand its reach by delivering efficient, customized funding solutions that enable sponsors to reposition and scale income-producing properties.