Northmarq brokers sale of newly built, Class A multifamily property in Lawrence, KS

1621West Apts
1621westapartments,56unitClassAmultifamilyproperty

Image credit: CoStar


LAWRENCE, Kan. — Northmarq’s Kansas City Investment Sales team, led by Casey Wilhm, Jeff Lamott and David Belpedio, successfully brokered the sale of 1621West Apartments, a 56-unit, Class A multifamily property located at 1621 W. 9th St. in Lawrence, Kansas.

Northmarq represented the seller, DCBE1621 LLC, in the transaction. The buyer is The Robert Corry and Nathalie Corry Family Revocable Trust.

“1621West represents a rare opportunity to acquire a newly constructed, boutique Class A multifamily asset — a combination that is increasingly difficult to replicate, especially in a market like Lawrence,” Wilhm said. “The property’s proximity to the University of Kansas main campus and downtown Lawrence contributes to its long-term investment appeal. Northmarq was pleased to represent the seller in a successful transaction that reflects continued investor interest in high-quality multifamily assets.”

1621 West Apartments offers a mix of one- and two-bedroom apartments featuring luxurious finishes, quartz countertops, luxury vinyl flooring and plush-carpeted bedrooms. Additional features include in-unit laundry, balconies, controlled access, secure bicycle storage and an on-site electric vehicle charging station.

Built in 2026, the multifamily property is located within one mile of the University of Kansas campus and downtown Lawrence, providing residents with convenient access to dining, entertainment and local destinations along Ninth Street and Massachusetts Street.

Residents also benefit from nearby university and city transportation options, further connecting the community to the surrounding area.

About Northmarq 

Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.