oak iq development
Cultivating Value Through Strategic Real Estate Investments
Oak IQ Development specializes in strategic multi-family development with a laser focus on the Kansas City Metro Market.
Best City in the U.S. for Remote Work, 2021
Lonely Planet, 2022
Cities for Tech Industry Growth
KC Tech Council, 2023
in the Nation for High Paying Occupations
News & World Report, 2023
City for Net Migration Gains
Linkedin, 2023
Creating Value by Delivering
On Time
With over a decade of proven experience, our team has consistently executed multifamily development projects on schedule. Backed by a track record of arranging over $XXX million in retail and institutional equity and managing 15+ successful funds, we understand the importance of meeting deadlines to ensure investor confidence and operational efficiency.
On Budget
Our disciplined approach to budgeting and cost management ensures that projects remain financially sound without compromising quality. Over the years, we've partnered with institutional investors who trust our ability to allocate resources effectively and maximize returns. With a flawless record of safeguarding investor capital, we've built a reputation for delivering value at every stage.
High-Quality
Quality isn't just a promise; it's our standard. By leveraging extensive expertise in multifamily development, strategic relationships, and rigorous attention to detail, we ensure every project exceeds expectations. From groundbreaking to completion, our commitment to excellence is evident in every structure we create and every partnership we maintain.
Experts in Kansas City Metro, Partners in Kansas City Metro
Oak IQ represents a strategic multifamily development team with a proven, disciplined approach to value creation in the Kansas City metropolitan market. Our institutional-caliber investment strategy spans two distinct yet complementary investment verticals:
Ground-Up Development
Meticulously curated Class A multifamily developments that capitalize on emerging urban and suburban growth corridors
Value-Add Repositioning
A $150M+ portfolio of 700 Class B/C properties with systematic enhancement strategies designed to drive superior risk-adjusted returns
Our differentiated investment approach is underpinned by a demonstrable track record of capital preservation and consistent performance
Zero capital loss across 15+ institutional fund cycles
$70M+ in committed equity capital from sophisticated institutional partners
Comprehensive vertical integration spanning acquisition, development, construction, and asset management
Our experienced team brings decades of institutional real estate experience, with deep expertise in:
For institutional investors seeking a disciplined, market-specialized multifamily investment partner with a proven ability to generate superior risk-adjusted returns, Oak IQ offers a compelling market-native platform with a demonstrated commitment to institutional-grade investment principles.
Surgical market selection and site acquisition.
Advanced architectural design and construction optimization.
Sophisticated asset management and operational excellence.
Institutional capital markets and investor relations strategy.
We provide institutional quality investments with a proven track record.
Our Kansas City development team has built and/or managed over 10,000 apartment units.
Significant presence in the Kansas City market and alignment of interests with our investors.
We are a vertically integrated apartment development team with over $200mm AUM.
our people
Aaron is the Founder & CEO of Oak IQ Development which is focused on institutional-quality build-to-rent multifamily projects in the Kansas City Metro area. Aaron also leads Oak IQ investments, a multifamily real estate firm managing $200 million in assets across three states. Additionally, Aaron founded ArkBuilt Construction to self-perform multifamily renovations which have totaled $12 million in the last 2 years.
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Neil has more than 25 years of experience in real estate development and financial management. His experience spans multiple asset classes including multi-family residential, mixed-use, hotels, commercial real estate, and single-family residential projects. Neil has overseen a wide array of financial activities including private equity investments, construction loans, permanent loans, and has significant experience in ground-up developments.
Tim Hickok is the third generation President of Hickok-Dible and hasbeen responsible for creating thousands of homes for people in theKansas City area and beyond. His entrepreneurial mindset andcreative design ideas are a big reason why Hickok-Dible is continuingto thrive 116 years later.
oak iq + Hickok
Class A
Open for Investment
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The Reserve at Copper Creek
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- 91 unit multifamily building in excellent submarket of KCMO
- Sourced off-market
- Seller owned for 35 years
- Rents 50% below market, extensive rehab and Cap Ex needed to bring rents to market rates
Financial Info
- Purchase price & soft costs: $6,200,000
- Rehab budget: $1,500,000
- Projected Equity Multiple: 2x
Under Construction
The Reserve at Bentonville
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- 312 unit ground-up development
- Bentonville, AR
- Oak IQ created a strategic relationship with local developer and provided injection of equity to capitalize the project
- Vertical construction scheduled to begin 2024
Financial Info
- Projected IRR: 16-20%
- Projected Equity Multiple: 2- 2.3X
Watercolors of Centerton
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- 376 unit Class A multifamily near Bentonville AR
- Sourced off-market direct from developer
- Negotiated a multi-phase closing as the phases reached CO
- Voted “The Best Apartment Complex” in 2023 by bestnwa.com
Financial Info
- Projected IRR: 16-18%
- Projected Equity Multiple: 2.1x
oak iq + Hickok
Mansions at Canyon Creek
Pinegate West
Brentwood Apartments
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The Chadwick
Cornerstone Apartments
Core Apartments
The Villas at Ridgeview Falls
The Terrace on Walnut
1914 Main Apartments
The Reserve at Copper Creek
Attractive Return Projections:
IRR
Multiple
YOC
Top Sub-Market in Kansas City Metro
All-Star Development and Management Team
Risk Mitigation: Shovel Ready project
Contact Us
Please reach out to Neil Geary to discuss your interest in The Reserve at Copper Creek.
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