- CEO
- David L. Johnson
- Full Time Employees
- 251
- Sector
- Real Estate
- Industry
- REIT - Residential
- Address
- 104 Armour Road North Kansas City MO United States of America 64116
- IPO Date
- Oct 22, 1985
- Business
- Maxus Realty Trust, Inc. (MRTI) operates as a self-administered, self-managed real estate investment trust (REIT) primarily focused on acquiring, owning, developing, redeveloping, and leasing multifamily apartment communities and a limited number of commercial properties; its portfolio includes market-rate apartments, retail spaces, and office properties consolidated through its umbrella partnership REIT (UPREIT) structure via subsidiary Maxus Operating Limited Partnership (MOLP), in which the company holds a 99.999% interest as the sole general partner through Maxus Realty GP, Inc., alongside minority stakes in opportunity zone fund properties such as Metropolitan and Town Park apartments. The company offers ownership interests in approximately 2,396 multifamily apartment homes across ten core properties and around 390,000 square feet of retail and office space with 68 tenants, targeting residents and commercial lessees in the residential and retail real estate segments. Founded in 1984 and headquartered at 104 Armour Road, North Kansas City, Missouri, Maxus Realty Trust conducts operations in multiple U.S. states including Missouri, Arkansas, Florida, Georgia, Kansas, Louisiana, Mississippi, North Carolina, Oklahoma, and Texas. In recent developments, the company maintains high occupancy rates above 90% at key consolidated properties like Metropolitan (91.98%) and Town Park (93.21%) as of June 30, 2025, while reporting trailing twelve-month revenue of $27.63 million, EBITDA of $18.70 million, and ongoing UPREIT activities that enable tax-deferred property contributions through MOLP units. No major acquisitions, funding rounds, partnerships, or strategic shifts have been reported in the last one to two years, with the company focusing on operational stability amid volatile share performance and a market capitalization of approximately $71 million.