“Joining The Annex Group to lead property management operations is a natural fit for me, and a career move that I find both professionally and personally gratifying,” said Nass. “Working with this team of professionals who put so much emphasis on doing good is inspiring and exciting. I’m looking forward to helping The Annex Group continue to make good on its meaningful, impact-driven mission.”

The Annex Group began offering property management services for select properties in 2022, with all remaining properties coming on board in 2023. By taking property management services in-house, The Annex Group is better able to execute on the company mission of making an impact in the lives of all who live in, work at, or are involved with its communities. Jenni Yeagley, who led the initiative to in-house property management as Vice President of Property Management, is stepping into a new role within the company which will be announced later this year.

“Property management is a crucial component of our communities because it allows us to provide not just a great space for people to live in, but a great overall community experience,” said Kyle Bach, CEO of The Annex Group. “Nass has extensive, relevant experience that allows her to hit the ground running to help improve the lives of our residents. We are thrilled to have her on the team and are excited to see how she is able to help us better serve our residents throughout the United States.”

To learn more about The Annex Group, visit www.theannexgrp.com.

ABOUT THE ANNEX GROUP®
The Annex Group® is a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

The post THE ANNEX GROUP® ADDS VICE PRESIDENT OF PROPERTY MANAGEMENT TO GROWING LEADERSHIP TEAM appeared first on The Annex Group.

• Scott Selm, Vice President of Asset Management and Property Accounting
• Paul Nieckula, Director of Construction and Employee Development
• Randy Cook, Assistant Project Manager
• Alec Beatty, Community Manager for The Annex of Columbus

“Anytime we have internal advancements, it is worth celebrating,” said Kyle Bach, CEO of The Annex Group. “We work with countless industry partners, community members and organizations, but it is our core, internal team that most greatly moves this company and our projects forward. We are so proud of these four individuals who are some of many making a positive impact within this organization.”

All four promotions are because of the team members’ hard work, dedication and exceptional performance within their respective roles. These promotions come as The Annex Group’s internal team has continued to grow, marking its 100th company-wide hire earlier this year.

“We have always wanted to have a company where our people grow alongside the business,” said Tom Tomaszewski, President of The Annex Group. “We seek out people who are interested in more than just a job, but a long, fulfilling career where they’re respected, trusted and valued. Thanks to the commitment of our incredible team, we’re able to be successful, and we’re always very happy to reward and recognize the work of the many people who make that possible.”

To learn more about The Annex Group, visit www.theannexgrp.com.

ABOUT THE ANNEX GROUP® The Annex Group® is a leading impact housing developer that creates affordable, workforce, student,active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn. 

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“For the last eight years, Amy has grown in the many ways she has worked to support The Annex Group and the housing industry as a whole,” said Kyle Bach, CEO of The Annex Group. “Under her leadership, our marketing initiatives have expanded and grown within an ever-changing industry.”

Harnish joined The Annex Group in 2016 as a Marketing Specialist. After a promotion in 2021, Harnish began working as Creative Director for the firm, tasked with marketing initiatives such as website management, public relations, partner relations, content marketing, social media and more.

“I am humbled to be listed among many women changing the face of real estate in America,” said Harnish. “I am proud of the goals I’ve been able to achieve while working with The Annex Group and look forward to continuing to be part of the country’s housing solution.”

CJ Lukaart, COO of The Annex Group, added, “We’re fortunate to have Amy as a long-serving leader within the company.   Amy's passion and influence extends beyond the walls of The Annex Group as her impact is felt in all of our communities.  She’s incredibly deserving of this recognition, and we are excited to see her continued impact on The Annex Group and the industry.”

To learn more about The Annex Group, visit www.theannexgrp.com.
To see the full list of 2024 Rising Stars in Real Estate, visit www.thewomenweadmire.com

ABOUT THE ANNEX GROUP® The Annex Group® is a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

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INDIANAPOLIS (May 13, 2024) – The Annex Group®, a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities, is proud to share it is partnering with Outreach, Inc., the leading organization in Central Indiana specializing in serving and meeting the needs of youth facing homelessness. The organization, which offers homeless youth housing, food, mentoring and education services, has three Indianapolis locations.

“Outreach Inc.’s goal is to empower youth to move beyond homelessness,” said Kyle Bach, CEO of The Annex Group. “In our work, we understand the significant role housing plays in someone’s life. It brings stability and opportunity. Outreach is committed to helping our state’s youth get back on their feet, and we are very proud to play a small role in supporting their efforts.”

As part of the partnership, The Annex Group will sponsor the organization’s Walking for Dreams fundraising event on May 19 at Crown Hill Cemetery. Company team members will also mentor and connect with youth within Outreach, Inc. on an ongoing basis. The company will offer team members paid time for volunteering at one of the Outreach facilities.

“The fact that so many kids are experiencing homelessness is heartbreaking,” said Chad Mann, Vice President of People and Culture for The Annex Group. “But seeing organizations like Outreach, Inc. combatting the issue with meaningful services that support these young people is inspiring. As a company, we are excited to be partnering with an organization that emphasizes community support and closely aligns with our values.”

Members of The Annex Group enjoyed their first volunteer day at Outreach, Inc. earlier this month.
To learn more about The Annex Group, visit www.theannexgrp.com.
To learn more about how you can help Outreach, Inc., visit https://www.outreachindiana.org/how-to-help.

ABOUT THE ANNEX GROUP® The Annex Group® is a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

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INDIANAPOLIS (May 9, 2024) – The Annex Group®, a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities, announces today plans to develop an affordable housing community in Wichita, Kansas. Union at Purple Heart Trail will offer 240 one, two and three-bedroom units to households whose income level is at or below 60 percent of the area median income. The $61 million community will be located at 300 S. 127th St. E. and 390 S 127th St. E. Construction on the property is underway, with an anticipated opening in early 2026.
Union at Purple Heart Trail will be located on nearly ten acres of land and encompass two four-story buildings surrounded by landscaping and open space. Amenities will include: a community center with fitness center, media center, business learning center, an outdoor gazebo, playground, bark park, walking path and picnic areas.

“The Annex Group is thrilled to expand our footprint in Kansas with the addition of Union at Purple Heart Trail, which will bring hundreds of new affordable housing units to Wichita,” said Ryan Clark, Senior Vice President of Development at The Annex Group. “We're excited to offer diverse housing options in an amenity-rich area on the east side of town and contribute to solving the affordable housing shortage with a vibrant new community.”

To further enhance the lives of residents, The Annex Group will create a customized Community Impact Plan (CIP) for Union at Purple Heart Trail that will help link residents to meaningful resources that spur personal and professional growth.

“Within a few miles of the property is a grocery store, bus station, pharmacy, gas station and the local elementary school,” said Tom Tomaszewski, President of The Annex Group. “The location is convenient, and the amenities are ample. Union at Purple Heart Trail is a needed addition to this part of Wichita, and we’re very excited to get started on it.”

Partners on the project include: HDJ as the architect, Baughman for civil engineering, surveying and planning, Summit LIHTC Consulting, the City of Wichita, which showed strong support for the project and provided incentives and $45.4 million in tax exempt bonds, and Kansas Housing Resources Corporation (KHRC), which issued the tax credit award. Aegon Asset Management provided $26.8 million in federal tax credit equity and $18.4 million in state tax credit equity, and Bank of America provided $45.4 million in construction financing. Merchants Capital supported the project with $14.4 million as the perm lender.

“The Annex Group has a vision that extends beyond affordable housing to improving communities and residents’ lives,” said Brian Emmons, Senior Vice President of Originations at Merchants Capital. “It is an honor to continue our meaningful work with The Annex Group as a financing partner on Union at Purple Heart Trail. We look forward to witnessing the impact these 240 affordable housing units will have not only on its residents but throughout the greater Wichita community.”

“HDJ is excited to partner with The Annex Group to bring this much needed quality affordable housing to Wichita,” said Kimberly Romanosky, Project Specialist for HDJ. “Housing affordability has fast become a national crisis; we are pleased to play our part in addressing it.”

This is The Annex Group’s first community in Wichita and its second in Kansas. Union at the Loop, located in Lawrence, is now leasing.
To learn more about The Annex Group, visit www.theannexgrp.com.

ABOUT THE ANNEX GROUP®
The Annex Group® is a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

The post THE ANNEX GROUP® ANNOUNCES PLANS FOR UNION AT PURPLE HEART TRAIL, A NEW AFFORDABLE HOUSING COMMUNITY IN WICHITA, KANSAS appeared first on The Annex Group.

“Sustainability and green design are important to us at The Annex Group,” said Kyle Bach, CEO of The Annex Group. “To have The Annex of Bozeman recognized among some of the most impressive, green communities in the nation is truly an honor. We are in good company as we work to ensure we make thoughtful, responsible decisions about building new communities that will create a positive impact for both people and the planet.”

The Energy Excellence award specifically recognizes highly efficient design and operation of major systems, implementation of renewable energy sources and encouragement of occupant participation. Recipients promote energy efficiency through creative strategies, overcome geographical obstacles, and commit to tracking progress improving performance. The Annex of Bozeman was recognized for its exceptional energy efficiency, highlighted by its electric design and Energy Star score of 89.

“The Annex of Bozeman is truly a special property,” said Tom Tomaszewski, President of The Annex Group. “We wanted to make sure the community provided easy access to the beauty of nature around Bozeman, and that included special accommodations for ski and bike equipment.”

To learn more about The Annex Group, visit www.theannexgrp.com.
To see the full list of award winners, visit https://thegbi.org/projectoftheyear/.

ABOUT THE ANNEX GROUP® The Annex Group® is a leading impact housing developer that creates affordable, workforce, student,
active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

The post THE ANNEX OF BOZEMAN, A WORKFORCE HOUSING COMMUNITY BY THE ANNEX GROUP,® WINS ENERGY EXCELLENCE AWARD FROM GREEN BUILDING INITIATIVE appeared first on The Annex Group.

“As a company, we constantly seek out ways to fill housing needs that exist,” said Kyle Bach, CEO of The Annex Group. “Nationally, we’ve seen an increase in the need for communities that target the active adult population. These communities are similar to other housing types that we have a long history of successfully creating. This is a natural expansion of our business and our commitment to create communities that provide positive impact.”

Branaman, who is a degreed civil engineer has spent over the last decade in active adult and senior apartment housing development roles, will lead efforts to find, secure and ultimately build active adult communities around the United States.

“Joining The Annex Group allows me to continue working in a field that provides a very needed product that I’m passionate about: active adult rental housing,” said Branaman. “What drew me to The Annex Group is they realize active adult projects are not just a real estate play. As approximately 73 million baby boomers enter their senior years, with an estimated 10,000 turning 65 daily, the demand for housing tailored to their lifestyles is skyrocketing. This generation, characterized by a desire for active, engaged living, is seeking homes that are completely maintenance free, support their on-the-go lifestyles, and offer a vibrant sense of community. I’m looking forward to utilizing my experience to continue to create active adult communities that offer this growing population of people a range of resort style amenities and activities geared towards promoting health, wellness and social interaction.”

In his career, Branaman has developed more than $490 million in communities, many of which were in the active adult space.

“When entering a new market, we want to be able to hit the ground running, and Mark’s experience allows us to do just that,” said Tom Tomaszewski, President of The Annex Group. “With his expertise, we’re excited to expand our portfolio and offer more kinds of housing than we ever have before.”

The strategic entry into active adult communities comes just weeks after The Annex Group announced the hiring of student housing industry veteran Jason Taylor as Managing Partner, Public-Private Partnerships (P3). In this role, Taylor leads the company’s real estate development strategy for housing development projects on and near colleges and universities nationwide.

To learn more about The Annex Group, visit www.theannexgrp.com.

ABOUT THE ANNEX GROUP® The Annex Group® is a leading impact housing developer that creates affordable, workforce, student, active adult and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

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“Getting into P3 housing aligns with our company’s impact-focused mission,” said Kyle Bach, CEO of The Annex Group. “We are always looking for opportunities to enter new states and new markets if there is a considerable need for rental housing there. As the trend of increased enrollment continues for many of our nation’s colleges and universities, we know there will be an increased housing need, and we’re looking forward to helping fill it.”

The Annex Group has made its mark on the student housing industry with nearly 3,000 beds on or near college and university campuses being owned and/or operated by the company. The Annex Group is now seeking its first P3 housing opportunity.

“Universities and colleges have gotten creative in finding ways to finance and build needed housing for students,” said Tom Tomaszewski, President of The Annex Group. “A P3 approach offers universities and colleges an efficient way to bring more housing to students. As we’ve learned that many students find the residential experience to be critical in their overall educational experience, we think entering the P3 market will help us positively impact more people.”

To learn more about The Annex Group, visit www.theannexgrp.com.

ABOUT THE ANNEX GROUP® The Annex Group® is a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

The post THE ANNEX GROUP® SEEKS PUBLIC-PRIVATE PARTNERSHIPS TO BRING MORE HOUSING TO UNIVERSITIES AND COLLEGES appeared first on The Annex Group.

“Student housing has been a part of The Annex Group since soon after its founding,” said Kyle Bach, CEO of The Annex Group. “By bringing on Jason, someone who has extensive experience leading real estate organizations focused on bringing housing to universities and colleges, we are expanding on our roots as a student housing developer and reaffirming our commitment to working with higher education institutions for the benefit of their students.”

Taylor brings more than two decades of experience in student housing and P3 engagements for real estate organizations to The Annex Group. He has led the planning and execution of more than $4.5 billion in student housing developments, advised more than 200 colleges and universities, and helped to create thousands of student housing beds.

“Joining The Annex Group allows me to continue focusing on providing a vital component of higher education—housing—to the country’s next generation of up-and-coming leaders,” said Taylor. “I’m excited to help The Annex Group identify university and college partners and create more community impact development opportunities.”

In his position, Taylor will help The Annex Group grow its portfolio of student housing and P3 projects that already includes multiple communities located near college and university campuses.

“Jason brings a wealth of industry knowledge to our team,” said Tom Tomaszewski, President of The Annex Group. “Building relationships, understanding college and university needs and acting on those needs while putting students first will help us create even more impactful housing.”

To learn more about The Annex Group, visit www.theannexgrp.com.

ABOUT THE ANNEX GROUP® – The Annex Group® is a leading impact housing developer that creates affordable, workforce, student and market-rate housing communities. With a focus on providing innovative, amenitized housing in emerging markets throughout the United States, The Annex Group is headquartered in Indianapolis, Indiana. To learn more about The Annex Group, visit www.theannexgrp.com or follow them on Facebook and LinkedIn.

The post THE ANNEX GROUP® BRINGS ON INDUSTRY VETERAN TO EXPAND ITS STUDENT HOUSING PORTFOLIO appeared first on The Annex Group.

“Like most areas of the country, Nebraska is having to overcome some unique challenges related to securing and building more affordable housing,” said Tomaszewski. “At the same time, affordable housing remains in critical need within the state. I’m looking forward to joining other industry veterans in pinpointing the largest issues to overcome and sharing ways various players can work together to ensure we’re still building affordable units with resident needs as the guiding light.” 

•  What: Panel discussion about overcoming development and construction challenges
•  When: Wednesday, April 17 at 11 a.m.
•  Where: NIFA 2024 Innovation Expo in Lincoln, Nebraska
•  Who: Open to all show attendees

The NIFA Innovation Expo takes place April 15 – 17 in Lincoln, Nebraska. Other panel attendees are Ryan Harris, Director of Acquisition for Midwest Housing Equity Group, Inc. and Ashley Solt with Mesner Development. Scott Argo, Senior Vice President of Horizon Bank will act as the moderator. 
The Annex Group currently has two affordable housing communities in Lincoln, Union at Middle Creek and Union at Antelope Valley. 

To learn more about The Annex Group, visit www.theannexgrp.com. 
To learn more about the NIFA Innovation Expo, visit https://www.nifa.org/events/expo. 

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