PeakMade Real Estate Breaks Ground on Olathe Commons – a Build-To-Rent Community Serving the Greater Kansas City Market

PeakMade Real Estate Breaks Ground on Olathe Commons – a Build-To-Rent Community Serving the Greater Kansas City Market

Atlanta, GA –July 15, 2025 — PeakMade Real Estate and Blue Vista Capital Management have officially broken ground on Olathe Commons, a build-to-rent (BTR) community located at 14550 W 120th Street in Olathe, Kansas. Leasing is anticipated to start in August 2026 prior to the first unit deliveries, and final completion is expected in September 2027. Construction financing has been provided by Old National Bank and Open House Group is the joint venture limited partner for the project.

Located in Kansas City’s strongest rental sub-market, Olathe Commons marks a significant milestone in PeakMade’s strategic growth. The project provides a very desirable rental housing program that blends the privacy of single-family living with the connected lifestyle of a professionally managed community. The project is also adjacent to Olathe Pointe – a robust retail center with top retail anchors including Whole Foods Market and Starbucks.

Upon completion, Olathe Commons will be comprised of 60 single-family cottages and 154 townhome units. Units will feature two to four-bedroom layouts with select floorplans offering master bedrooms on the main level, and most units will have attached garages. The project will offer a robust amenity program including a clubhouse, fitness center, resort-style pool, dog park, private yards, and expansive green space for recreation and connection.

“Olathe Commons is a tremendous BTR project with an irreplaceable infill location and exceptionally strong market fundamentals,” commented Jeff Githens, President of Development at PeakMade Real Estate.

“The homes were designed to appeal to a wide range of renters offering modern upscale finishes, well-connected living spaces and additional privacy typically found in home ownership,” commented Stephen Furr, Vice President of Development at PeakMade Real Estate.

“We are thrilled to begin construction on such a well-located and thoughtfully designed residential build-to-rent project. This development represents a continuation of Blue Vista’s residential development and investment strategy in partnership with its affiliate, PeakMade Real Estate. The Olathe build-to-rent project aligns well with our focus on delivering modern rental communities to residents seeking the living experience of single-family home ownership paired with the amenities of a traditional multifamily community, ” commented Jason Schwartz, Managing Principal at Blue Vista Capital Management LLC.

About PeakMade Real Estate

PeakMade Real Estate, based in Atlanta, GA, is a diversified real estate services company, offering property management, development, and consulting services for build-to-rent, conventional multifamily and student apartments. PeakMade Real Estate was built to execute on strategies consistent with the goals and long-term investment strategies of its partners. When something is PeakMade, it’s not only built upon expertise and experience, it’s built upon a foundation of community. For more information on PeakMade Real Estate, visit www.peakmade.com.

About Blue Vista

Blue Vista is a Chicago-based investment management firm providing investors access to diversified real estate equity and credit strategies across the risk-return spectrum. Blue Vista offers the benefits of a vertically integrated platform, strategy execution managed by veteran teams, and deep experience as an owner, operator and lender across diversified property types in the U.S. and Canada. Since its inception in 2002, the firm has invested over $14.5 billion in total capitalization. For more information, please visit https://bluevistallc.com/.

About Open House Group

Open House Group Co., Ltd., is a publicly traded company and one of the premier developers in the Tokyo metropolitan area. In 2016, the company expanded its operations into the United States, initially focusing on the Dallas-Fort Worth market. Open House’s U.S. strategy centers on investing in single-family rental homes and providing high-quality, renovated, and professionally managed properties as investments opportunities for Japanese investors. Since its entry into the U.S. market, Open House has acquired over 5,500 homes across various markets, demonstrating rapid growth and a strong commitment to its expansion strategy. The company’s portfolio showcases its dedication to delivering value to both residents and investors through meticulous property selection and management. Open House has been investing in multifamily and Build-to-Rent development projects since 2018. For more information, please visit https://openhouse-group.co.jp/en/