DEVELOPER INFO:
Overland Property Group, LLC was founded in 2002 and has offices in Overland Park, Kansas, Topeka, Kansas, and Dallas, Texas. With 10 years in real estate development, Overland Property Group team discovered that their unique skill-sets and their “calculated risk” approach to development are the reasons that their company was finding tremendous success in the affordable housing business. Their remarkable growth and ability to “differentiate” their products from their competition has become the driving force in their company’s success. As one of the largest owner/developers in the midwest, OPG has developed and owns more than 25 developments, totaling over 1,500 units and $130 million of both “affordable” and “market-rate” apartments. OPG has developed more than 600 tax credit units in 18 developments in the State of Kansas. They also have developed and own 2 developments with more than 330 units through the HUD 221d(4) program, and more than 200 units of conventionally financed apartments in 3 developments.
PROJECT INFO:
The Reserves at Briarwood is a mixed income, 32-unit, new construction walk-up development consisting of 16 two-bedroom units, 8 three bedroom units, and 8 four-bedroom units to be affordable to families with incomes between 30%-60% of AMI, along with some unrestricted units. The overall development will include two identical 16-unit buildings, a community clubhouse and 69 total parking spaces.
Project Funding Sources:
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Lightengale’s Role:
Photo Credit: Weigan Domega
