KANSAS CITY, MO – Wholly-owned affiliate of Thompson Thrift, Watermark Residential has sold its 276-unit, class A multifamily community, Watermark at Tiffany Springs, in Northland, MO. An entity controlled by the California-based private investment firm, A&C Ventures Inc. purchased the property for $60 million.

Located 9641 N. Ambassador Dr. in the Kansas City suburb, Watermark at Tiffany Springs offers community amenities, including a resort style pool, a fully-equipped clubhouse, a 24-hour fitness center, an outdoor fire pit area, gas grilling stations and a dog park.

The property's one-, two- and three-bedroom units feature in-home washer and dryers, granite countertops, stainless steel kitchen appliances, plank-style flooring and private balconies or patios.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.