Investment Summary

CORBIN CROSSING,  REALIZED

Property Type         Multi-Family

Location                  Overland Park, KS

Loan Type               Preferred Equity

Loan Purpose         Acquisition Financing

Closing Date           April 2015

Realization Date     March 2019

 

Corbin Crossing is a Class A, 298-unit multifamily complex located in the affluent Overland Park suburb, approximately 15 miles south of downtown Kansas City. Developed in 2006, the community includes 21 two and three-story buildings and a clubhouse on an 18-acre parcel. Amenities include a 24-hour fitness center, an outdoor pool, tennis courts and basketball courts. Hillcrest originated the preferred equity investment in April 2015 and realized the investment in March 2019.

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