The Vermont
5250 Lankershim
The Vermont
Clark on 54th
959 Seward
Los Angeles
The Vermont
959 Seward
North Hollywood Sears
Real Estate Development & Advisory

Real estate development rooted in purpose.

Praxis Development Group creates quality housing through disciplined underwriting, creative entitlement strategy, and community-centered execution.

01 / 09 — The Vermont
$260M+
Active Pipeline
48
Units in Development
40+
Years Combined Experience
WBE
Certified Enterprise
What We Do

Three ways we work.

We work with legacy landowners as their development partner, with institutions as their fee developer, and with companies and organizations as an advisor on commercial real estate decisions.

Our Approach →
01

Opportunistic Development with Legacy Landowners

Families who have held a site for generations and would like to develop it. We bring the plan and lead the project from entitlement through construction.

Clark on 54th · 201 Sotello

02

Fee Development for Institutions

Churches, schools and public agencies that own land and have a purpose for it, but no development staff. We act as their developer and represent them through design, approvals and construction.

West Angeles Church Family Life Center · LA Metro Joint Development Bench

03

Commercial Real Estate Advisory

Feasibility, site strategy, entitlement and owner's representation for organizations working through a real estate decision.

Picerne · Six Flags Magic Mountain · LA Metro · Community Health Councils · Barry's Bootcamp

How We Develop

From land to legacy, disciplined at every step.

01

Source

Off-market origination through deep broker and city relationships.

02

Underwrite

Institutional models stress-tested against realistic downside.

03

Entitle

Density-bonus and CEQA strategy to maximize buildable basis.

04

Build

Hands-on construction management, on budget and schedule.

05

Operate

Lease-up, stabilization, and transparent LP reporting.

Hover a step to expand →
Our Work

Selected work.

A selection of our active developments and work our principals completed at JH Snyder Company and Seritage Growth Properties.

Active Portfolio →Full Experience →
Clark on 54th
Ground-Up
Clark on 54th
Crenshaw District · 48 units
The Vermont
Ground-Up
The Vermont
Koreatown
5250 Lankershim
Ground-Up
5250 Lankershim
North Hollywood
201 Sotello
Ground-Up
201 Sotello
Lincoln Heights · OZ
959 Seward
Ground-Up
959 Seward
Hollywood
NoHo Lofts
Affordable
NoHo Lofts
North Hollywood · Workforce
Building with Purpose: Integrity & Respect First.
Our Values
Leadership

The team behind every decision.

Praxis is led by two partners who are involved in every deal — no institutional bureaucracy between decision-makers and the project.

Meet the Team →
Kacy Keys
Founder & CEO

Kacy Keys

Nearly 30 years in real estate development, with deep expertise in entitlements, density bonus law, and adaptive reuse.

Charles Wise
Partner & COO

Charles Wise

Leads underwriting, capital structuring, and project execution — built around disciplined downside protection for partners.

Who We Work With

Partners & clients.

Barry's Bootcamp
Barry's Bootcamp
Community Health Councils
Community Health Councils
JH Snyder
JH Snyder
SlateZ
SlateZ
Social Justice Learning Institute
Social Justice Learning Institute
Steelcraft
Steelcraft
West Angeles Church
West Angeles Church
Six Flags Magic Mountain
Six Flags Magic Mountain
Los Angeles Metro
Los Angeles Metro
Angel City Advisors
Angel City Advisors
Riboli Family
Riboli Family
SoLa Impact
SoLa Impact
Barry's Bootcamp
Barry's Bootcamp
Community Health Councils
Community Health Councils
JH Snyder
JH Snyder
SlateZ
SlateZ
Social Justice Learning Institute
Social Justice Learning Institute
Steelcraft
Steelcraft
West Angeles Church
West Angeles Church
Six Flags Magic Mountain
Six Flags Magic Mountain
Los Angeles Metro
Los Angeles Metro
Angel City Advisors
Angel City Advisors
Riboli Family
Riboli Family
SoLa Impact
SoLa Impact
Investor Relations

Built for disciplined capital.

01

Conservative Underwriting

Every opportunity is rigorously underwritten against realistic downside scenarios. LP protection is built into the structure.

02

Density Bonus Expertise

Deep fluency in AB 1287 and State Density Bonus Law delivers superior basis and higher unit yields than conventional development.

03

Aligned Incentives

Meaningful GP co-invest with fee structures that reward performance, not just deployment.

Let's build something enduring.

Partner with a team that treats your capital like its own.