The KC Wheel off I-35 now spins under a ground lease with a new property owner: a New Jersey real estate investment trust that this month bought the Westside property long planned for the Pennway Point entertainment district.
Overland Park-based DRE Health won a $165 million judgment against Anthony Lyons. But collecting became much more complicated when the financier was forced into involuntary bankruptcy in the UK.
The InterContinental Kansas City on the Plaza hotel sold to the Washington, D.C.-based special servicer for less than half of its last reported purchase price more than a decade ago.