President and Chief Executive Officer
In 1996, Ward co-founded Alex & Katz Residential Services. Alex & Katz became Katz Residential Services in 1998 and since 2002 has been named DRS. Ward oversees operations and is instrumental in the acquisition, financing and management of properties. He serves as developer and general partner of most projects in which the company is involved. In additional to conventional projects, Katz oversaw the bond financing, sale of tax credits, rehabilitation and management of a 53-unit community in Overland Park, Kansas. Most of the company’s development and construction activity is performed by a related company, Caliber Development Company.
From 1984 to October, 1996, Katz was a Vice President of PARAGON GROUP in charge of the nationally known development company’s Kansas City operations. His experience included:
- Complete financial and operational responsibility for a portfolio of class A and B apartments, which included 12 properties and 3,000 units located in Kansas City, Salt Lake City, San Francisco and Dallas. Had complete operational and financial responsibility for the properties’ performance.
- The total physical rehabilitation, marketing and all business efforts needed to upgrade the property. The goal of repositioning the property was to provide improved rental rates and occupancy. Completed repositioning of 12 properties and 2,000 units in Dallas Salt Lake City, Kansas City, and San Francisco. Also oversaw the rehabilitation and repositioning of a 200-unit project for a private investor in Kansas City. Katz was Principal Developer of two apartment complexes in the Kansas City area including the award winning 596-unit Camden Passage Apartments in Kansas City North. This work involved all aspects from land acquisition, permitting, financing, product design and start-up.
- The acquisition of five apartment complexes. This work involved raising the capital and overseeing the due diligence, financial, legal and administrative efforts needed to complete the purchase and bring the property into the company’s or client’s portfolio.
From 1969 to 1984, Katz was an associate and then a partner in the Kansas City law firm of Smith, Gill, Fisher & Butts (now Bryan Cave).
Mr. Katz received his undergraduate degree from the University of Wisconsin, his law degree from Washington University, St. Louis, Missouri, and his Masters of Tax Law from the University of Missouri at Kansas City
His professional credentials include the designation of Certified Property Manager (CPM) from The Institute of Real Estate Management. He is a founder, officer and director of The Heartland Apartment Association, an association of apartment industry executives active in legal and regulatory issues affecting the industry, and is a member of the National Multi-Housing Council, The Missouri Bar Association and is a licensed real estate broker in Missouri and Kansas.
Mr. Katz serves as officer and director of multiple civic, charitable and social organizations including American Red Cross; Midwest Center for Holocaust Education; Jewish Federation of Greater Kansas City; Nelson Atkins Museum of Art-Friends of Art; Jewish Community Foundation of Greater Kansas City; Jewish Community Campus of Greater Kansas City; Laubach Literary Society; and is past president of Oakwood Country Club.
Mr. Katz and his wife Donna have been married for 35 years and have two grown children.