What We Do
Affordable Housing Development
The United States is facing an affordable and attainable housing crisis. Rising rents and stagnant wages have made most rental housing unaffordable to low-moderate income households. More than 11 million renter households, roughly 1 in 4 renters, spend over half of their income on rent, leaving too little for other necessary expenses like transportation, education, healthy food and medical bills.
Affordable housing is impacting all levels of income households, whether directly or indirectly. The issue is urban, suburban and rural. It touches millennials, families, veterans, seniors and the workforce. At Prairie Fire, we are committed to working with a diverse group of partners in order to best address the unique needs of each community and contribute to their economic growth and development.
Asset Management
Prairie Fire Asset Management Group represents the interests of owners for their multifamily assets, including conventional and complicated affordable housing assets. We develop and implement strategies for capital preservation and property disposition benefiting ownership, whether the owner is a financial institution or a real estate investor seeking to preserve and enhance the value of their real estate holdings and/or troubled asset portfolios.
The Prairie Fire team has the background, knowledge and resources to maximize asset performance. We add value by focusing primarily on our own portfolio, creating strategies that include maximizing asset performance and developing flexible disposition strategies evaluated on an ongoing basis.
Construction
Prairie Fire Construction Group (PFCG), LLC is a full-service general contracting and construction management company based in the Kansas City area that was formed on September 23, 2012. The principles of PFCG have over 80 years of combined experience in general contracting including estimating, scheduling, and project management.
NEWS
Prairie Fire begins construction on Vistas Workforce Housing in York, Nebraska!
Joint Center for Housing Studies at Harvard University releases the 2018 State of the Nation's Housing Report
Prairie Fire profiled in Multifamily Housing News June 2018
Prairie Fire to build workforce housing in York, Nebraska
CP Lofts wins KC Business Journal 2018 Capstone Award for Multifamily
CP Lofts Nominated for KC Cornerstone award, March 2017
Creativity in Affordable Housing, Spring 2016
ANNOUNCEMENTS
Prairie Fire recently selected by Iowa Finance Agency to build two workforce housing projects in Iowa - Harlan and Red Oak.
Prairie Fire to develop mixed-income workforce housing in Ottawa, Kansas using Housing Tax Credits, Housing Trust Fund and Moderate Income Housing Funds!
Prairie Fire Residences in Newton, Kansas is now leasing! Contact manager.prairiefire@rentourspace.com for more information!