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Florida Firm Acquires Lakes at Lionsgate Portfolio

Hendricks & Partners Closes Deal on Largest Apartment Community Deal in Kansas City Metro Area
By Tioni Steele
October 18, 2007 | 3:55 AM

Midwest Diversified Properties of Boca Raton, FL, acquired 6704 and 6705 141st St., The Lakes at Lionsgate apartments in Overland Park, KS, from a fund managed by Sentinel Real Estate Corp. Although the terms of the deal were not disclosed, the deal was reported to have reached $63 million, or about $88,000 per unit.

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