Who WE ARE
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Click on each of the company logos to learn more about them.
The 1887 Group was created to give athletes, leaders, and legacy-minded investors the opportunity to participate in something bigger than a traditional real estate deal — a premium hospitality platform rooted in heritage, excellence, and long-term value.
Backed by Baseball Hall of Famer Ozzie Smith and led by Capital Assets & Development, this platform is uniquely shaped by a father-and-son partnership between Ozzie and Dustin Smith — built on shared values of discipline, ownership, and generational legacy.
Medcap is a provider-based real estate development firm partnering with medical practices and physician family offices to take the hassle out of developing, owning and managing medical and life science facilities.
Well before property is purchased, a location has to be selected, physician groups must be organized and funding arranged. We've designed Medcap to seemlessly bring the whole process together and we have the experience to make sure it happens.
Development Support Services (DSS) specializes in medical office building (MOB) management. We understand that asset management is as important as property management, therefore we work with the owner to insure that both goals and controls are in place at each site that we manage.
Today’s workforce faces the challenging reality of “work-life integration,” often making compromises in their personal lives for their “always-on” work schedules. Development Support Services is designed to support this "on-the-go" lifestyle.
Featured PROJECT EXPERIENCE
Below are the projects that have been recently completed followed by those under construction or in the development process.
Click the link below to see a full list of our project experience.
LEE'S SUMMIT MOB
MEDICAL OFFICE BUILDING: 40,519 RSF
LEE'S SUMMIT, MO
This project included new construction of a two-story 43,000 sf surgery center on a 6-acre site that provides 360 parking spaces for patients, visitors, and employees. The steel framed building’s exterior façade includes custom metal panels, brick, native stone, and glass wall systems. A canopy on the East side of the building provides protection for patients entering or being discharged from the building.
Upon entry into the building, a two-story lobby with a 28’0” tall plant feature greets patients and visitors. A tremendous amount of daylight harvesting provides an abundance amount of natural daylight to improve the patient experience.
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COMPLETED: April 2020
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PROJECT COST: $14.2 Million
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SOLD: December 2021
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IRR ON SALE DATE: 30.87%
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EXIT CAP RATE: 5.24%
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OVERLAND PARK MOB
MEDICAL OFFICE BUILDING: 37,493 RSF
OVERLAND PARK, KS / Link to Pending Sale Data
This project included new construction of a two-story 37,500 sf physical therapy and surgery center on a 2.2-acre site that provides 122 parking spaces. This building is located in the Galleria 115 Phase I development at the northwest corner of 115th and Nall Avenue in Overland Park, Kansas.
The steel framed building’s exterior façade includes custom metal panels, brick, native stone, and glass wall systems line the southern corners of the building. A canopy on the Southeast side of the building provides protection for patients entering or being discharged from the building.
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COMPLETED: August 2024
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PROJECT COST: $18 Million
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SOLD: August 2026 (Sale Pending)
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IRR ON SALE DATE: %
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EXIT CAP RATE: %
RAYMORE MOB
MEDICAL OFFICE BUILDING: 17,480 RSF
RAYMORE, MO
THE EMORY AT NORTH GROVE
MULTI-FAMILY, 98 UNITS
WAXAHACHIE, TX
Thoughtfully designed and intentionally located, The Emory at North Grove, will bring 98 units of modern apartment living to the heart of the growing North Grove district. Co-Developed by Capital Assets and Development and Mia Rose Holdings, LLC, this upcoming community will deliver contemporary style, comfort, and convenience in a planned mixed-use setting.
Emory at North Grove will feature one- and two-bedroom apartment homes within a mid-rise building with elevator access, offering modern layouts designed to maximize livability, functionality, and long-term comfort.
SIGNATURE PARK APARTMENTS
MULTI-FAMILY, 280 UNITS
CEDAR HILL, TX
CAD Cedar Hill is a new construction “ground up” mixed-use development by Capital Assets and Development’s team of experienced professionals. The project features excellent opportunities for investment returns through joint ownership of the project during its construction and lease-up stage for each of the sites.
Site 1: Designated Multi-Family, 8.14 Acres
Site 2: Designated Multi-Family townhouses, 4.35 Acres
The project is situated in Dallas County, Texas, withing 20 minutes of downtown Dallas, Texas – a thriving and dynamic real estate market experiencing great rent growth and high demand for apartment housing.
1887 BY RAWLINGS, A TRIBUTE HOTEL
HOSPITALITY, 260 ROOMS
DOWNTOWN CHESTERFIELD, MO
1887 By Rawlings, A Tribute Hotel is designed to be more than a hotel —
it’s a one-of-a-kind hospitality destination where premium amenities meet timeless
storytelling and baseball heritage. 1887 Rawlings will feature 203 rooms and
suites on 7 floors. Guests will enjoy an elevated resort-style experience featuring:
•Resort-style pool experience
•Rooftop bar & lounge
•Full-service luxury spa and wellness center
•High-end fitness & recovery offerings
•Signature restaurant concept
•Wiffle ball field and outdoor activity space
•Flexible meeting & event spaces
This is more than design; its purpose built into the guest experience.
VIEW WEBSITE
OVERLAND PARK MOB II
MEDICAL OFFICE BUILDING: 27,500 RSF
OVERLAND PARK, KS / Link to Brochure for OPMOB I & II
This building will be the second Medical Office Building located in the Galleria 115 development at the northwest corner of 115th and Nall Avenue in Overland Park, Kansas.
It is the “sister” building to Overland Park MOB #1.
With similar architecture to its “sister building” (Overland Park MOB #1 which sits adjacent to the immediate south side of this MOB Building #2 site), the steel framed building’s exterior façade includes custom metal panels, brick, native stone, and glass wall systems along the northern corners of the building.
GARDNER MOB
MEDICAL OFFICE BUILDING: 14,950 RSF
GARDNER, KS
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TIMOTHY C. BREECE
Tim Breece, the founder of Capital Assets & Development and it's subsidiary companies, has extensive experience in nearly every sector of new construction and real estate development.
His background encompasses a wide range of projects, including large civil and site work, retail, multi-family and single-family residential, hospitality, industrial, office, medical, and mixed-use developments.
Over his 35+ year career, Tim has been instrumental in managing and executing development and construction projects throughout the United States, with a total value exceeding $2.7 billion.
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OZZIE SMITH
Ozzie Smith is one of the most iconic figures in the history of professional sports, widely recognized for his Hall of Fame career, leadership, and lasting impact on the game of baseball.
Beyond his achievements on the field, Ozzie has successfully transitioned into business, utilizing his legacy, relationships, and reputation to build ventures rooted in excellence, authenticity, and long-term value.
As a founding partner of 1887, Ozzie plays a critical role in shaping the brand’s identity, vision, and strategic direction, ensuring the platform reflects the same standards of discipline, performance, and legacy that defined his career.
DUSTIN SMITH
Dustin Smith brings a legacy of excellence and a strategic vision for long-term, intergenerational growth. As the son of Baseball Hall of Famer Ozzie Smith, Dustin partners closely with his father to extend the Smith family legacy beyond sports into commercial real estate and equity investment.
With a focus on boutique multifamily developments, medical-surgical facilities, and hotel assets, Dustin leads investor relations and strategic partnerships across a growing portfolio of real estate ventures.
Meet OUR TEAM EXPERTS
