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White vetoes measure putting stadium sales tax on April ballot; four legislators intend to sustain it

January 18, 2024 by James Dornbrook

Jackson County Executive Frank White vetoed a measure to place a 40-year, three-eighths-cent sales tax on the April 2 ballot to fund stadium construction, renovation and maintenance. And despite an 8-1 vote initially approving the measure by the Jackson County Legislature, four members now say they would sustain the veto.

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KC Current scores new team president with experience in NFL, NBA, MLB and NHL

January 18, 2024 by James Dornbrook

The Kansas City Current is on a roll. With its new women-specific stadium nearing an opening, with a passel of local businesses signed on as partners, the team now has hired an executive with an impressive sports business résumé. The new team president has 18 years of management experience with NBA, NFL, MLB and NHL teams.

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Palmer Square launches $89.65M IPO for corporate debt fund subsidiary

January 18, 2024 by James Dornbrook

Mission Woods-based Palmer Square Capital held an IPO for an investment fund on Thursday, expected to raise $89.65 million. Once the offering wraps up, the company's subsidiary is expected to reach about $1.35 billion in assets.

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LODAS Markets secures big real estate player as a client

January 10, 2024 by James Dornbrook

A national real estate player joined LODAS Markets as a client. The Overland Park platform uses an automated online marketplace that matches buyers and sellers of non-traded real estate investment trusts (REITs), business development corporations and private real estate investments.

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OMB Bank’s new branch in Lenexa is only the start for its Kansas City plans

January 10, 2024 by James Dornbrook

OMB Bank opened a loan production office in Lenexa in June and now has converted that into a full-service branch, with plans for future expansion throughout the area.

Filed Under: Uncategorized

KC market president exits First Business Bank; search for successor begins

January 10, 2024 by James Dornbrook

First Business Bank started searching for a new Kansas City area market president to succeed Robert Barker, who no longer works for the Wisconsin-based bank. First Business declined to elaborate on Barker's departure, beyond thanking him.

Filed Under: Uncategorized

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