Blog
/
Investment
NEWS: Sallee Announces Largest Build-to-Rent Transaction in Kansas City History
Sallee has closed the sale of a major suburban build-to-rent portfolio for $113 million. This milestone marks the largest build-to-rent (BTR) transaction in Kansas City to date and one of the most significant multifamily deals in the region
·
·
5 min read
Sallee, a leading real estate developer in the Kansas City area, has closed the sale of a major suburban build-to-rent portfolio for $113 million. This milestone marks the largest build-to-rent (BTR) transaction in Kansas City to date and one of the most significant multifamily deals in the region.
The portfolio encompasses more than 500 rental homes across multiple suburban communities, reflecting years of strategic planning, development, and investment in the region.
“This is more than a transaction, it’s a validation of our team’s vision and execution, and of Kansas City’s future as a premier BTR market,” said Tyler Sallee, President & CEO of Sallee. “We built these communities to offer residents maintenance-free, professionally managed living and now we’re excited to see them thrive under new ownership.”
The deal was brokered by Walker & Dunlop, with strategy and execution led locally by their Kansas City investment sales team.
“This transaction reinforces Kansas City’s emergence on the national stage as a true growth market for institutional BTR investors,” said Jeff Stingley, Managing Director of Investment Sales at Walker & Dunlop.
This sale underscores the strong fundamentals of Kansas City’s rental housing market and highlights the growing interest from institutional investors in professionally managed, suburban build-to-rent communities.
Sallee Development
Insights & market notes
Share
in
X
↗
More from the blog
BTR Market
Not All BTR Is Created Equal
Not all rental housing is created the same, and neither are all BTR investments. We break down the differences between purpose built BTR communities, scattered site rentals and traditional multifamily, and why those differences matter for residents and investors.
·
5 min read
Company News
NEWS: A new foundation
Featured in the Kansas City Business Journal - Sallee follows the market, shifting from entry-level homes to build-to-rent communities and becoming a leader in the surging sector
·
5 min read
BTR Market
Sallee’s Journey into Build-to-Rent
Sallee didn’t start as a build-to-rent company. So how did we get here? We’re sharing Sallee’s journey into BTR and how decades of experience in housing and development led us to where we are today. Understand why we believe BTR is an important part of the future of housing.
·
5 min read
STAY IN THE LOOP
Market intelligence, straight to your inbox.
Occasional notes on the BTR market and what we’re building. No spam, no renter newsletters.