Riley Wilson Of Griffin Capital Purchases 407 Unit Multifamily Asset From Buckingham Companies For $113.5M
1000 Berkley Parkway
$113,500,000
$298/SF
Building Size
380,563 SF
Asset Type
MultiFamily
Closing
Nov 13, 2025
AI
The property involved in the transaction is a multifamily asset located at 1000 Berkley Parkway in Kansas City, MO. This asset encompasses 407 units, with a sale price of $113,500,000. The total square footage of the property is 380,563, resulting in a price per unit of $278,869 and a price per square foot of $298.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $113,500,000
- Buyer: Riley Wilson - Griffin Capital
- Seller: Buckingham Companies
- Broker: Harry Trotter - MMG Real Estate Advisors
- Units: 407
- Total Square Footage: 380,563
- Price Per Unit: $278,869
- Price Per Square Foot: $298
The transaction featured key individuals such as buyer Riley Wilson representing Griffin Capital and seller Buckingham Companies in the deal. The broker involved in facilitating the transaction was Harry Trotter from MMG Real Estate Advisors.
Players
Kansas City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93