About Us

Investment Experience and Results

DRS Management, LLC formerly Dunes Residential Services. 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
  • Third-Party Management

The core business of DRS is the management of multifamily rental properties with experience in excess of 30 years.

DRS development 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.

Investment Experience and Results

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.

Awards and Designations

  • AAKC Owner of the Year 2007 - Ward Katz
  • AAKC Best Multi-site Supervisor 1000-2000 units 2007 & 2008 - Elisa Edwards
  • AAKC Most Valuable Player over 350 units - Gina Johnson
  • AAKC Best Clubhouse over 20 years 2007 & 2008  - The Dunes at City Center
  • AAKC Best 2 bedroom Model  2007 - under 2 years - The Dunes at Eastland Center
  • AAKC Best On-site Newsletter 2007 & 2008 - The Dunes at St. Andrews
  • AAKC Best Property Renovation 2008 - The Dunes at City Center
  • AAKC Best Clubhouse 2007 - The Dunes at City Center


  • AAKC Best Property Activities 2003 - 2006 - The Dunes at City Center
  • AAKC Associate Council Award 2002 - The Dunes at City Center
  • AAKC Best One Bedroom Model 2008 - The Dunes at Falcon Valley
  • AAKC Associate Council Award 2008 - The Dunes at Falcon Valley
  • AAKC Best Two Bedroom Model 2008 - The Dunes at Falcon Valley
  • 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
  • Assistant Manager of the Year 2008 - The Dunes at City Center
  • Assistant Manager of the Year 2006 - The Dunes at St Andrews
  • Maintenance Technician of the Year 2008 - Four Seasons Apartments
  • Satisfacts prestigious Exceptional & Superior ratings 2010
  • Institute of Real Estate Management, Accredited Residential Manager - Trisha Stout, Gina Beverlin

Our Office

DRS Management, LLC
15050 W. 138th
Suite 3542
Olathe, KS 66063

913-563-4501 Fax