BLD Ventures

Location

Kansas City, MO

Unit Count

36

Asset Class

SFR Portfolio

Purchase Price

$7,345,000

Deal Summary

Raynor Capital Management arranged the off-market sale of a 36-unit single-family rental portfolio spread across the Kansas City MSA on behalf of a high-net-worth seller. The portfolio, comprised of 2000s vintage entry-level homes strategically located in submarkets with highly rated school districts, represented a turnkey, income-producing asset for an institutional buyer seeking quality SFR exposure in a strong Midwest market. The transaction was over a year in the making, requiring significant patience and relationship management as the sellers deliberated and identify 1031 replacement commercial properties. Raynor's ability to maintain trust and keep the deal alive through an extended decision-making process was instrumental in bringing the transaction to close. The strength of the relationship forged through this transaction proved enduring — the two parties went on to close two additional deals together following the initial sale.