Sunday
Jun052016

Two Light Tower

Two Light Tower is a 296-unit Class A, new construction community. The community features one, 24-story building located in the Power and Light District of downtown Kansas City, Missouri. The community will feature 14,500 SF of office space and 3,100 SF of ground floor retail. Amenities include both an indoor and outdoor pool and fitness center. This project is the second phase financed by AGM, with One Light Tower (a 307-unit high rise community) being the first. Using HUD's Section 221d4 New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $74,999,900 at a fixed interest rate with a 40-year term.

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