Before he co-founded NRP, David was a consultant with the Townsend Group, investing more than $3.6 billion in real estate over two years. The experience gave him tremendous insight into office, industrial, retail, single-family and multifamily construction projects – not forgetting portfolio diversification, asset management, investment strategy and project underwriting. His clients included the state of Washington, the city of Milwaukee, United Mine Workers of America, Ohio Police and Fire, Los Angeles Police and Fire, the city of San Francisco and the county of San Francisco.
Before that, David spent five years at Arthur Andersen & Co. in Chicago as a manager in the real estate consulting division. He carried out feasibility studies and market analysis, created strategic plans and audited real estate partnerships for clients, including La Salle Partners, VMS Realty, First Chicago and RREEF Funds.
He holds a bachelor’s degree in business administration from the University of Michigan, Ann Arbor.
A member of the American Institute of Certified Public Accountants, David is active in many professional bodies. He is on the executive committee and is a past chairman of the Housing Credit Group for the National Association of Home Builders. He serves on the Advisory Board for the Campaign for Affordable Housing and on the Editorial Advisory Board for Affordable Housing Finance Magazine. And he’s an officer of the Board for New Village Capital Corporation, National Leased Housing Association and The Housing Advisory Group.
In January 2009, David was appointed to a five-year term as a member of the United States Holocaust Memorial Council by the President of the United States of America. What’s more, he was named Entrepreneur of the Year by Ernst & Young Cleveland in 2010. On top of all that, his ongoing dedication to civic leadership benefits a plethora of organizations. He’s on the Board of Trustees for Jewish Community Housing, Gross Schechter Day School and the United Way of Cleveland. He was board president of the Jewish Education Center of Cleveland and president of the Board of the Ohio Jewish Communities, and he chaired the Government Relations Committee at the Jewish Community Federation of Cleveland. Currently, he’s an officer of the Board and the 2013 and 2014 Campaign Chair for the Jewish Community Federation of Cleveland. He’s on the advisory board of the University Hospital Cardio Vascular Institute, the Ohio Police and Fire Pension Fund Board, and the board of Parkwood Corporation and the Northeast Ohio Medical University.
Andy focuses on financial management, financial reporting, project evaluation, information systems, corporate planning and treasury. He’s also a key member of both the NRP Executive Committee and the Investment Committee.
Before NRP, Andy spent eight years at Medimetrix Group in Cleveland as a management consultant. As well as strategic planning work – mainly related to finance and accounting – he delivered interim executive financial management services.
Earlier he worked as a manager in Ernst & Young’s consulting practice, was an auditor with Arthur Andersen & Company, and proved his worth as an assistant corporate controller with John O. Butler Company – a $70 million manufacturer of health products.
As well as a bachelor’s degree in business administration from Bowling Green State University, he holds a master’s in business administration from the University of Chicago.
Active in the National Association of Home Builders and the Construction Financial Management Association, Andy has also been cited as a financial expert in several Affordable Housing Finance articles. He’s in demand at events too, making his mark at the 2007 Apartment Housing Finance Live Conference as well as on panels at the Ohio Housing Conference.
While taking part in the Business Volunteerism Council, Andy served on the advisory council of the Benjamin Rose Institute, sitting on the Senior Companion Program’s Finance Committee and Development/Recruiting Committee. He also led the Strategic Planning Committee of New Directions, a behavioral healthcare provider for chemically dependent adolescents. A prominent member of Providence Church in Avon, Ohio, he sits on the budget committee and acts as a small group leader.
Mr. Carroll is Managing Partner and Co-Founder of TriPost Capital Partners. Prior to founding TriPost, Mr. Carroll served as Managing Director at Madison International Realty, with primary responsibility for creating and implementing Madison's business development and investment strategy in the United States. He was responsible for sourcing, evaluating and executing prospective investments primarily in the U.S. markets. Mr. Carroll was also a board member of Thomas Properties Group, Inc., a public real estate development company, which is based in Los Angeles and was recently sold to Parkway Properties, a national, publically-traded real estate investment trust.
Prior to joining Madison, Mr. Carroll was a Managing Director at Tishman Speyer where he oversaw portfolio and asset management for three emerging market real estate funds in China and Brazil between 2008 and 2010. Previously at Tishman Speyer, he managed the acquisitions and dispositions functions in the New York metropolitan area and held similar positions in the Southern California and Midwest regions over his nine-year tenure, where he completed a number of acquisitions, joint ventures and dispositions on behalf of the company. Prior to joining Tishman Speyer, Mr. Carroll was an Associate with Bear, Stearns, & Company, and a Senior Analyst with The Weitzman Group, a boutique real estate advisor in New York City. He earned a BS in Finance from the University of Richmond.
Mr. Silverman is Managing Partner and Co-Founder of TriPost Capital Partners. Prior to founding TriPost, Mr. Silverman served as Managing Director of Equity Capital Markets at Madison International Realty, with primary responsibility for developing and executing Madison's capital-raising strategy. While at Madison, Mr. Silverman was a member of the firm's Investment and Management Committees. Prior to Madison, Mr. Silverman was with Tishman Speyer for six years as Managing Director and Head of Global Business Development and Global Leasing. In addition, Mr. Silverman worked with the Equity Capital Markets group, primarily focused on client relations and fundraising activities in the U.S. Mr. Silverman joined Tishman Speyer in 2005 as a member of the leadership development program, where he worked in New York leasing, acquisitions and asset management.
Mr. Silverman currently serves as a member of the New York City Chapter's Board of Trustees for the National Multiple Sclerosis Society and was a founding member of the 9/11 Memorial Visionary Circle to support The National September 11 Memorial & Museum. He received a BS from the University of Pennsylvania and an MBA from Columbia University.
The National Association of Home Builders (NAHB) has named the recipients of the 14th annual NAHB/Builders Mutual Insurance Company Safety Award for Excellence (SAFE) for their commitment to strong safety programs.
Las Vegas, NV (January 21, 2020) –The National Association of Home Builders has recognized The NRP Group with the “Multifamily Builder Safety Program of the Year.”
NRP Director of Safety, Ryan Berkhouse, and Regional Safety Directors, Roland Segura and Frank Berzansky, accepted the award at NAHB’s International Builders’ Show in January.
According to NAHB, this year’s SAFE program honors individuals and companies that have worked to achieve exemplary safety and health programs in the residential construction industry.
In 2018, NRP broke ground on 17 projects, comprising of 3,400 apartment units, without experiencing a single work related injury. For more information on the "Multifamily Builder Safety Program of the Year" award, continue reading here.
The NRP Group plans to break ground on 28 multifamily projects in 2020, bringing 6,559 units to market at a project cost of $1.5B.
(January 16, 2020) The NRP Group plans to break ground on 28 multifamily projects in 2020, bringing 6,559 units to market at a project cost of $1.5B. The asset mix includes four workforce/moderate income projects, 10 market-rate projects and 14 affordable housing projects.
The new properties will be in Texas, Massachusetts, Ohio, New York, Indiana, Maryland, Virginia, Pennsylvania, North Carolina, Florida, Georgia and New Jersey. NRP Group’s projected 2020 pipeline is a major step up from the 17 projects it began nationally in 2019.
The asset mix for those projects was four workforce projects, five affordable housing projects and eight market-rate projects. The 6,559 units NRP aims to build in 2020 represents a 50% year-over-year increase of starts, and an increase of nearly 100% from 2018, when NRP Group broke ground on 3,318 units. The company said it has built more than 35,000 multifamily units since it was founded in 1994. Read more at bisnow.com.
The Parkwood at Optimist Park Provides Excellent Access to Transit, Retail and Entertainment and builds on NRP's Commitment to Provide Quality Apartment Homes for this High-Growth Community
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