About Us
Dunes Residential Services, Inc. is a Texas corporation founded in 1996 as Katz Residential Service, Inc. Its principal offices are in Overland Park, Kansas. DRS provides a variety of services primarily in the multifamily housing industry including the following:
- Property Management
- Asset and partnership management
- Lease-up and marketing services
- Development and development management
- Property inspection
- Construction management
- Arrangement of debt and equity financing
- Financial workouts
- Repositioning and rehabilitation of multifamily projects
- General feasibility consultation
The core business of DRS is the management of multifamily rental properties with experience in excess of 20 years. At present DRS manages four apartment communities in Kansas, one in Missouri and one in Texas for a total of 1227 units. Its development business has included, in recent years, the 240-unit Dunes at St. Andrews in Overland Park, Kansas, the 240-unit Dunes at Eastland Center in Independence, Missouri, the 208-unit Dunes at Falcon Valley in Lenexa, Kansas, and the 120-unit Province of Briarcliff in Kansas City, Missouri.
Dunes Residential has 30 full-time employees including supervisory, accounting, and on-site management and maintenance personnel.
DRS and its founder, Ward A. Katz, have sponsored investments in excess of $125 Million in institutional grade properties since 1988. During that period, twelve successful ventures have been formed for the development acquisition and rehabilitation of properties in Eastern Kansas, Western Missouri and North Texas. Theses ventures have yielded outstanding financial results for its investors and have accorded Katz and DRS a reputation for acumen and diligence in the formulation and execution of its sponsored ventures and of high integrity in dealings with their stakeholders.
Community Involvement
DRS is a member of The Apartment Association of Kansas City and The Institute of Real Estate Management. All DRS associates are highly encouraged to be involved within their own communities and contribute to organizations which develop the local areas and support our industry. DRS has recently relocated their corporate office to a historic building in the Kansas City Power and Light District of Kansas City near the Sprint Center in an effort to support the revitalization of Downtown Kansas City.
Awards and Designations
- AAKC Owner of the Year- Ward Katz
- AAKC Best Multi-site Supervisor 1000-2000 units- Elisa Edwards
- AAKC Most Valuable Player over 350 units- Gina Johnson
- AAKC Best Clubhouse over 20 years- The Dunes at City Center
- AAKC Best 2 bedroom Model- under 2 years- The Dunes at Eastland Center
- AAKC Best On-site Newsletter- The Dunes at St. Andrews
- National Council of Multifamily Housing Industry (a committee of NAHB) and Registered Apartment Managers Program Award for Best Lowrise Apartment – Camden Passage Apartments
- Home Builders’ Association of Greater Kansas City – Best Maintenance Provided Community - Prairie Villas at Falcon Valley
- Institute of Real Estate Management - Certified Property Manager – Ward A. Katz, Elisa Edwards