Shuttered since 2020, the 99-year-old Aladdin Hotel soon will go up for its second online auction in less than three years. New buyers could either reposition the hotel as an upscale boutique property or convert its 193 rooms for apartments.After latest auction, historic downtown building could reopen as hotel or be converted for apartments
Shuttered since 2020, the 99-year-old Aladdin Hotel soon will go up for its second online auction in less than three years. New buyers could either reposition the hotel as an upscale boutique property or convert its 193 rooms for apartments.
The master developer behind the $217.5 million One North project recently received a default notice from North Kansas City for failing to meet a key requirement.
Exact Partners LLC for years had eyed apartments southwest and southeast of Troost Avenue's intersection with 27th Street. Now, the developer plans to sell the land sites for a different local group.
An experienced broker recently joined Cushman & Wakefield's local office as part of the firm's multifamily group, with a focus on expanding sale activity in the Kansas City metro. Last year, he ranked No.2 on KCBJ's Heavy Hitters in CRE List.