Deal Highlight: Avanti Residential Acquires Artistry Apartments

Artistry Apartments

Radix Underwriting would like to congratulate the team at Avanti Residential for finalizing the acquisition of Artistry Apartments in Kansas City, Missouri for $94 million. The Class A asset is located in the Crossroads Art District and was sold by Milhaus Development.

Over the last few years, Kansas City has been a migration destination thanks to the area’s sports teams, arts scene, rich history, affordability, and strong job market. The multifamily market in Kansas City is predicted to remain strong as prospective buyers delay single-family home purchases due to rising prices and interest rates. Remote workers and retirees have also fueled the strong demand for rentals as they look beyond amenities to find a sense of community.

Other recent transactions in the area include Wild Oak Apartments, The Element, and Walnut Tower.

About Radix

Radix advances intelligent decision-making across the multifamily ecosystem. We provide transparent, accessible data to every stakeholder—investors, managers, brokers, lenders, and renters—enabling smarter choices that shape how we invest, live, and grow. With Radix Analytics and Radix Underwriting (redIQ), professionals can source, acquire, and manage assets with confidence. Renters benefit from RealRents, which delivers unprecedented pricing transparency and helps them find homes that truly fit their needs. Whatever your role in multifamily, Radix is the trusted source of value determination.