Platform Ventures

Platform Ventures completed a $65M refinancing of a prominent Kansas City Country Club Plaza-area, Class A, 254,000 sq ft office tower with favorable terms in a challenging capital markets environment. The property is located on the west edge of Country Club Plaza, which is one of Kansas City’s premier shopping and dining districts with some of the strongest fundamentals of the entire metro area in terms of vacancy and effective rates. Congrats to the Platform team on this deal, which reflects the firm’s strategic vision and dedication to delivering innovative solutions in commercial real estate. ? Link to the full article can be found here: https://lnkd.in/g-ehkubJ

Members of our team, Todd Blanding, CFA and Kerry Scanlon, will be in Scottsdale, AZ attending the TABOR Family Office Conference.

Platform Ventures investor day is a unique forum for exchanging market ideas, featuring real-time data, collaborative information sharing, and valuable networking opportunities within the CRE industry. This year’s event was exceptional, with a distinctive atmosphere facilitating significant and impactful conversations. Our speaker sessions were one of the highlights, featuring: - The differentiated approach to Value Creation through Vertical Cold Storage - Homebuilding and why invest in the Central Texas Market - Taking advantage of dislocations through lot acquisition and development loans We extend our gratitude to the Platform Ventures team and our partners who participated in these insightful sessions and engaging discussions. Your involvement was instrumental in providing clarity during these rapidly-evolving market conditions. We look forward to continuing these conversations and partnerships! See you next year.

Austin-based?Santa Rita Ranch Master-Planned community has once again made RCLCO’s mid-year master-planned communities Top 50 ranking, coming in under the Top 20.?While interest rates continue to be elevated and economic uncertainty lingers, Texas has ranked as the top performer in terms of home sales, representing 39% of all ranked master-planned communities. One of Platform Ventures’ first large land acquisitions occurred in Texas over 16 years ago. To read the full report, click here: https://lnkd.in/gR8zwxdy

Vertical Cold Storage adds a 10th facility to its cold storage network in the the rapidly growing Southeast United States. To read more, the full press release can be found here: https://lnkd.in/gVSvJFgx

Vertical Cold Storage's first development project located in Kansas City, MO is making great strides and is expected to deliver in the fourth quarter of 2024. Acquired in November 2023, the 32-acre site within an industrial park will be a Class-A cold storage facility with ~46,500 pallets, adding to Vertical Cold Storage’s expanding cold storage network.

Construction is advancing on the multi-use properties situated along Wilshire Boulevard in the vibrant Koreatown submarket of Los Angeles. Once completed, the first building will be a newly constructed, seven-story, 170-multifamily unit building with 2,600 square feet of retail. The second building will be the renovation of an existing five-story historic building into 107 multifamily loft-style units and 30,000 square feet of retail. Both are expected to deliver in February 2026.

Since 2015, Platform Ventures has partnered with First Continental to provide non-recourse lot acquisition and development financing to homebuilders. Today, our national footprint expands across 15 states, and includes 240+ loans that financed over 17,400 lots and generated over $1.03 billion in origination volume with zero defaults. As homebuilders navigate today’s tough lending environment, we look forward to providing real estate credit to the homebuilding community.

In June, the Platform team participated in the firm’s inaugural wiffle ball game, trading in keyboards for wiffle ball bats and an afternoon of friendly competition and camaraderie.?At Platform, we know that strong teams are built on more than just work achievements—they're built on shared experiences and mutual support. Events like these remind us of the incredible people we work with and strengthen the foundation of our collaborative spirit. To learn more about Platform Ventures visit our website here: www.platformv.com

Platform Ventures, in partnership with Vertical Cold Storage, has entered into a purchase agreement to acquire its 10th facility to add to its growing cold storage network. The facility, located in Dothan, Alabama, is more than 109,000 square feet with 10 dock doors and will focus on poultry for export markets. The facility is close to several interstate highways, enabling less than one day delivery to several port markets. This acquisition exhibits Vertical Cold Storage’s commitment to the protein industry and to building a nation-wide network of high-performance cold storage facilities. Read more in the press release here:?https://lnkd.in/gVSvJFgx