Providing Quality Rental Housing and Mixed Use Development
Through new construction and rehabilitation of under-utilized historical buildings for modern luxury living and retail/entertainment uses often on ground floors, Garrison and MW Companies actively revitalizes neighborhoods while creating value in communities - over $140 million in value since 1998. We have the experience and flexibility to assemble the appropriate financing for any given development project. Utilizing tools such as Tax Increment Financing, C-PACE Financing, Historic Preservation Tax Credits, we create a low risk, high return investment opportunities for our investor and lender partners. Under the Garrison and MW Companies umbrella, Garrison Management Company provides management services for the properties owned by affiliates of MW Development Enterprises. We can tailor our project hold period and guarantor recourse to the individual investor. So, we can do anything from personally guaranteed construction financing with a mini-perm for the short term hold or go with an agency loan and their low rates for a longer term hold. The vision of the company is to create projects in great markets with low risk to our lenders and value for our investors.
Garrison Development was formed to develop, acquire and rehabilitate affordable multi-family housing, targeted for communities with a population of 4,000 or more in Kansas, Missouri, Nebraska, Colorado, Utah, Oklahoma, Mississippi, Kentucky, Arkansas, and Iowa.
Garrison Management Company is a real estate property management company created to manage affordable and market rate rental housing properties owned by affiliates of the Garrison and MW Companies, Garrison Development Company and Garrison L. Hassenflu, and to fee-manage select properties owned by third parties.
sECTION 42 TAX CREDIT
Garrison Development is an experienced developer of affordable and market rate multi-family housing utilizing all of the above sources of funds to create quality affordable and market rate housing opportunities for residents in their communities. We are creative in our ability to assemble the appropriate debt and equity sources for a development in a given area.
ACQUISITION AND HISTORIC REHABILITATION
In addition to developing new multi-family communities, we are purchasers of existing apartment complexes and rehabbers of under-utilized buildings with historical significance that can be converted into loft living. Our new construction and redevelopment efforts have created over $70,000,000 in value over just the last 5 years.
nOT-FOR-PROFIT CONSULTING AND PARTICIPATION
Garrison Development is available to assist not-for-profits in developing housing in their respective communities and have successfully partnered with non-profits in multiple states.
COMPREHENSIVE MARKET ANALYSIS
Garrison Development undertakes extensive market studies and analyses to gain market knowledge, using highly reputable and objective third party resources.