We’ve built what we manage.
DRS approaches development the way only an operator can — because founder Ward A. Katz was the principal developer behind the communities DRS still manages today.
$125M+ sponsored. 800+ homes delivered.
Since 1983, DRS and founder Ward A. Katz have sponsored more than $125 million in institutional-grade property investments and developed over 800 apartment homes across the Kansas City metro.
That experience is why our development management works: budgets built by people who have paid real invoices, unit mixes shaped by leasing data, and amenity decisions made by teams who will answer the service calls afterward.
Developed by our founder, managed by DRS
The Dunes at St. Andrews
240 apartment homesThe Dunes at Eastland Center
240 apartment homesThe Dunes at Falcon Valley
208 apartment homesProvince of Briarcliff
120 apartment homesFrom feasibility to full lease-up
Feasibility
Market, rent, and cost analysis grounded in live operating data — before capital commits.
Construction management
Schedule, budget, and quality oversight through delivery, with an operator's punch list.
Repositioning
Renovation and rehab programs scoped by return, phased around residents.
Financing support
Debt and equity arrangement drawn from a $125M+ sponsorship track record.
Building something? Bring an operator in early.
The cheapest time to fix a design or budget problem is before it exists. Put forty years of operating experience on your side from day one.