Leawood, Kan. – April 2, 2021 – PEG Companies, a vertically integrated, full-service commercial real estate investment firm headquartered in Provo, Utah, is actively engaged in projects around the United States transforming first-generation extended stay hotels to affordable rental apartments. PEG Companies is represented by Rouse Frets White Goss Gentile Rhodes.
With the assistance of the law firm, PEG Companies recently received approval to convert two former extended stay hotels in Overland Park into individual apartments. The Hawthorn Suites near College Boulevard and Quivira Road, and the Cloverleaf Suites near I-435 and Lamar Avenue, will be extensively renovated with improved amenities and updated interiors for studio, one-bedroom and two-bedroom apartments. Rents will be well below the average for newly constructed multifamily projects in Overland Park or the metropolitan area.
Greg Musil of Rouse Frets White Goss was the lead attorney to obtain rezoning and preliminary development plan approval of these projects.
About the firm:
Rouse Frets White Goss Gentile Rhodes serves and protects individuals, companies, estates and livelihoods. Based in Kansas City, the firm offers sophisticated representation for clients in both the private and public sectors. For more information, visit www.rousepc.com.
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