Block Real Estate Services Reviews & Ratings
URL:
Location:
Kansas City
Niche:
Medical Office
Prior::
Real Crowd, CrowdStreet

Overall:

Communication/Reporting:

Track Record/Performance:

Sponsor Fees:

Block Real Estate Services, LLC (BRES) is a full-service commercial real estate company managing over 37.85 million square feet of retail, office, industrial property and nearly 7,100 units of multifamily property for equity partnerships and third party owners. BRES’s portfolio of services continues its role as the most comprehensive commercial real estate firm in Kansas City by providing and specializing in: real estate brokerage services, tenant representation, investment services, asset and property management, economic incentives consultation, financial services, construction and development services, and the Block Funds.

We understand there is no single approach to handling every real estate transaction; each has its own goals, its own challenges. Our team has been assembled with the creativity and variety of experience to meet any and all demands of our clients. It is this fundamental business strategy that has allowed us to prosper and diversify into a multi-dimensional firm.

We continue to grow by better serving our existing clients and expanding our real estate operations into other surrounding communities. BRES is headquartered in the heart of Kansas City’s Country Club Plaza district with regional offices in St. Louis and Atlanta. BRES also has management offices in properties located in Overland Park and Lenexa, Kansas; Riverside and St. Louis, Missouri as well as operation offices in several of our office portfolio properties.Our principals and their partnerships have leased, bought, sold and managed properties in over 216 cities across 38 states.

Due Diligence & Discussions

Share your experience. Rate and comment!

Arun Sivaraman

Mar 31, 2021

I'm invested in multiple medical properties and 1 multi-family with Block. The multi-family property is under-performing from a CoC perspective but execution is OK on an overall basis. They send monthly accounting statements but ground reports on the multi-family is sporadic.

John Nachtigall

Nov 04, 2020

I am invested in the Plaza project, which is also their new headquaters.   

In terms of communication it has been excellent.   They send an update every month with pictures and progress.   They respond to questions within 24 hours with real answers.   I could not ask for more.  

In terms of execution they have also been almost flawless.   There was an issue with an adjacent church that would not provide a right of way for temporary power to the construction site.   They managed to get the city to provide power from another direction within a few weeks which was amazing.   The 2 years of construction finished just 1 month past due which considering construction in general plus COVID and other issues with the church that was great.

Leasing has been on track and they even managed to find a way to fund a world class restaurant and bar during COVID when no one is investing or expanding restaurants. 

Overall they are great.   They have DEEP contacts in Kansas City and are obviouly hooked into the political and business power structure in the city.   An excellent sponser

R Goering

Aug 27, 2019

Invested in a new construction project in Kansas City Plaza area in May 2017.  Quarterly reporting is great.  Project is on time and at budget thus far.  In my opinion, Block is a large, top notch sponsor, with quality projects, many in the multi-family space.  Fees are a little higher, but you are paying for the quality of the sponsor and the deals they bring.  Rating their track record middle of the road as the one project i have invested in is still under construction. 

Paul Dynan

Jun 03, 2019

Can only review their capital side.  Decided not to move forward on a soft commit with them after reading the PPM.  Received a series of increasing hostile messages from them for the rest of the day.

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Block Real Estate Services Reviews & Ratings Block Real Estate Services Reviews & Ratings
Rated 3.4/5 based on 10 customer reviews

Block Real Estate Services, LLC (BRES) is a full-service commercial real estate company managing over 37.85 million square feet of retail, office, industrial property and nearly 7,100 units of multifamily property for equity partnerships and third party owners. BRES’s portfolio of services continues its role as the most comprehensive commercial real estate firm in Kansas City by providing and specializing in: real estate brokerage services, tenant representation, investment services, asset and property management, economic incentives consultation, financial services, construction and development services, and the Block Funds.

We understand there is no single approach to handling every real estate transaction; each has its own goals, its own challenges. Our team has been assembled with the creativity and variety of experience to meet any and all demands of our clients. It is this fundamental business strategy that has allowed us to prosper and diversify into a multi-dimensional firm.

We continue to grow by better serving our existing clients and expanding our real estate operations into other surrounding communities. BRES is headquartered in the heart of Kansas City’s Country Club Plaza district with regional offices in St. Louis and Atlanta. BRES also has management offices in properties located in Overland Park and Lenexa, Kansas; Riverside and St. Louis, Missouri as well as operation offices in several of our office portfolio properties.Our principals and their partnerships have leased, bought, sold and managed properties in over 216 cities across 38 states.