**Bow River Capital Acquires Brookside Commons in Kansas City**
Bow River Capital, a Denver-based alternative asset management firm, has announced the acquisition of Brookside Commons, a newly constructed 212-unit multifamily community located in Kansas City, Missouri.
This acquisition marks Bow River’s third multifamily investment in the Kansas City market, following earlier purchases of the Gallerie and Icon properties. Financing for the Brooklyn Commons transaction was arranged through Berkadia’s Denver office in partnership with Fannie Mae.
Completed in 2023, Brookside Commons aligns with Bow River’s strategic focus on acquiring high-quality, undervalued assets in resilient and growing markets. The deal was closed at more than a 24% discount to current replacement cost, representing a compelling value proposition in a supply-constrained environment.
“Brookside Commons checks every box for us — newer vintage product, highly desirable location, and strong demand drivers supported by stable and growing employment sectors,” said John Layton, Director at Bow River Capital. “This investment reinforces our conviction in Kansas City as a long-term growth market and underscores our strategy of acquiring well-located assets at a discount to intrinsic value.”
The acquisition underscores Bow River’s continued confidence in the Kansas City multifamily market and its commitment to expanding its portfolio with quality assets positioned for long-term growth.
