Real Estate Investment Trust
We intend to be the recognized leader in the property management industry.
Maxus Properties, Inc. has been in business since 1987. During the 1990’s Maxus responded to the change in the rental markets by taking over several struggling public partnerships and capitalizing on opportunities created through syndication of Low Income Housing Tax Credits. Maxus currently operates rental housing of every income level and continues to have substantial operations with market properties as well as with those under various affordable housing programs. Maxus also specializes in turn-arounds. We have taken over struggling partnerships, tenant-in-common deals and REITs and have been involved in the purchase of hundreds of millions of dollars in distressed debt.
Our growth and success through the years have been based upon the pride we take in creating, maintaining and enhancing the value of both the residential and commercial properties we own and manage. Value enhancement is the focus of our business. Maxus regional corporate supervisors and administrators have over 50 years of combined experience in providing full apartment management property services. Our leadership and staff are experienced professionals who have devoted long careers to property management, understanding each property’s unique requirements. Whether its Class A new construction or Class B rehabilitations, our more than 300 in-house and on-site employees assure long-term continuity and direction. Our people know the business. Our goal is to provide solutions before there’s a problem. By delivering quality services using state of the art technology, resident retention is increased resulting in lower turnover costs and higher occupancy.
New Purchase - In December of 2012, MLake 83, L.L.C. purchased the general partner interest of the Cold Storage Lofts a 224 unit renovated historic loft community in downtown Kansas City, Mo
New Acquisition - In December of 2012, Park Edge Acquisition L.L.C. purchased Park Edge, a 260 unit apartment community in Lenexa, KS
New Acquisition - In May 2012, Bogen Acquisition L.L.C. purchased The Bogen Lofts, a 114 unit urban loft community in downtown St. Louis, Missouri.
New Acquisition - In March 2012, Rosehill Pointe Acquisition L.L.C. purchased Rosehill Pointe, a 498 unit apartment community in Lenexa, Kansas.
New Acquisition - In February 2012, Forest Place TIC I and Forest Place TIC II L.L.C purchased Forest Place, a 256 unit apartment community in Little Rock, Arkansas.
New Acquisition - In October 2011, MLake21, L.L.C. purchased Northwest Hills, a 126 unit apartment community in Little Rock, Arkansas.
New Management Opportunity - In June 2011, Maxus assumed management of the Cold Storage Lofts, a 224 unit renovated historic loft community in downtown Kansas City, MO.
New Acquisition - In June 2011, Bogey Hills Acquisition, L.L.C purchased The Villages of Bogey Hills, a 486 unit apartment community in St. Charles, MO.
New Management Opportunity - In June 2011, Maxus assumed management of Fairfax Bluffs Apartments, a 254 unit apartment community in Kansas City, KS.
New Acquisition - In June 2011, Glen Acquisition, L.L.C purchased The Glen at Polo Park Apartments, a 356 unit luxury residential apartment community located in Bentonville, Arkansas.
Maxus Properties, Inc. also manages the multifamily housing and commercial assets held by Maxus Realty Trust, Inc. ("MRTI"), a Real Estate Investment Trust. For more information, please visit MRTI.com.
104 Armour Road
North Kansas City, MO 64116
P.O. Box 34729
North Kansas City, MO 64116