Both versatile and consistent

Not many development companies create their own projects, construct those projects and then manage the completed properties. We’re one of the very few that do. And across all our varied activities is one constant: outstanding quality. Use the icons below to find out how much we offer across everything we do.

For details and information, please select a capability below.

Development

Construction

Property Management

Investment Services

364 luxury apartments located downtown in Pittsburgh, PA along the riverfront in the Strip District

Development: from concept to completed product

Our Development team specifies and reviews every aspect of each new project – from site selection, zoning and market studies to designs tailored for specific housing markets. We’ve worked with a huge range of partners over the years: large Real Estate Investment Trusts, pension funds, private equity firms, family office companies, fund advisors, foreign corporations, Wall Street investment banks, local governments, domestic financial institutions and neighborhood organizations. The projects, too, have been many and varied. They include multifamily housing, senior housing, single-family infill homes, and commercial, retail and land development. And whether a project involves site selection or existing-site development, we have the know-how to meet its unique demands.

A Development team with many talents:
  • Selecting sites
  • Acquiring land
  • Carrying out feasibility
  • Analysis
  • Gaining approvals
  • Obtaining permits
  • Arranging financing
  • Developing land
  • Conducting demographics
  • Studies
  • Analyzing traffic flow

306 Luxury 1 and 2 bedroom apartments and townhouse located in Cleveland, Oh within the Gordon Square Arts District.

Contractors: meeting key objectives that deliver long-term goals

Licensed in 12 states, NRP Construction is currently (2016) the 11th largest multifamily builder, according to Builder Magazine and Multifamily Executive. And we’re not just equipped to meet every construction need. We also have the experience to make recommendations throughout the building process that will enhance the end result − a marketable complex with satisfied residents. Over the years we’ve been careful to forge strong relationships with our subcontractors too: yet another reason we’re so well-placed to offer expertly judged pricing, outstanding quality and on-time completion on every project.

A Construction team with many talents:
  • Creating designs
  • Designing architecture
  • Producing estimates for concepts
  • Constructing buildings
  • Carrying out civil engineering work
  • Consulting on construction projects
  • Managing projects
  • Carrying out general construction
  • Managing construction
  • Developing budgets

Brand new contemporary hill county living located in San Antonio, Texas.

Management: where every detail matters

We manage some 16,000 units nationally. And we plan to add another 2,500 units over the next 18 months. Our team in NRP Management makes sure each property runs like clockwork, while fostering a strong sense of community among residents and team members alike. It’s about bringing our values to life every day in everything we do: whether that’s choosing the right people for the job and personalizing training plans that help them do their best work, reporting information efficiently or harnessing real-time data to help make swift decisions.

As a result we outperform other management companies in initial lease-ups, on-going operations, market analysis, maintenance and training. What’s more, our on-site property management team consistently delivers the first-rate service that makes each resident’s stay enjoyable and rewarding.

A Management team with many talents:
  • Controlling costs and driving revenue growth
  • Boosting the efficiency of our people
  • Training high-caliber staff
  • Achieving our Net Operating Income goals
  • Constantly improving how our communities operate
Investment Services: maximizing the value of our asset portfolio

This team makes sure our properties generate a great return. The people here blend the long-term asset maximization goals of real estate private equity firms with the agile, ever-changing strategies of special situation and turnaround infrastructure. The result? Unique plans for individual properties plus the best possible prospects for the entire portfolio.

It’s an approach that distinguishes us from other asset management functions – and it’s extremely effective. We’re confident it will help make the most of our property portfolio and steer our firm-wide growth.

We also offer real estate and investment services through our affiliate, Navistone Partners LLC. Focusing on multifamily development, Navistone professionals have raised over $2 billion of equity investments and originated and/or structured more than $2 billion of tax-exempt bond financing.

Find out more by contacting NaviStone at lihtcequity@navistonepartners.com

A Real Estate Investment Services team with many talents:
  • Valuation work for acquisitions and dispositions
  • Valuating the stabilized NRP portfolio
  • Pinpointing investment opportunities in different parts of the country
  • Through Navistone, real estate syndication, debt placement, equity advisory services, help with financial modelling and more
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Noteworthy News

IMMEDIATERELEASE             

Contact: Diane Richey

216-475-8900 Ext. 1600

drichey@nrpgroup.com

 

NRP Group AnnouncesMove to Accommodate Growth and Expansion

Cleveland, OH—April 30, 2017 – The NRP Group is pleased toannounce their decision to relocate their Garfield Heights Headquartered officeto downtown Cleveland.  The move to newlarger offices expected to happen at the end of 2017, is triggered by the company’srapid growth and expectations for further expansion.  With the guidance of Project ManagementConsultants, NRP has partnered with Jobs Ohio and The City of Cleveland forthis initiative and all plans are contingent on all state and local publicincentive approvals.

With the help of Adam Gimbel, Real Estate Broker, AllegroRealty Advisors, NRP has selected the Halle Building as an ideal location indowntown Cleveland.  The new office spaceis approximately 43,000 square feet, and occupies the entire fourth floor ofthe Halle Building and will comfortably accommodate 200 employees.  The new office will be state-of-the-art indesign with high-end technological capabilities while still preservinghistorical elements from the days that the building housed one of thepre-eminent department stores in the area. The space will be designed to allowNRP to function and interact in a vibrant, modern work-live-play environmentfitting for one of the leading multi-family development firms in the country.

“This move representsan exciting development for The NRP Group,” said J. David Heller, Principal andCEO. “Our growth has been significant and we were drawn to the Halle buildingbecause of its central location enabling our employees to fully experience thecity of Cleveland and what it offers.”

 

“Along with ourpartners at Team NEO, we are delighted that The NRP Group chose to grow inNortheast Ohio,” said JobsOhio Managing Director for Select HQ Operations,Valentina Isakina. “NRP Group’s Cleveland headquarters will bring at least 38new jobs to the region and help revitalize an historic building downtown.”

 

NRP’s focus has been onhiring key people to build a team that will continue to position the companyfor further growth.  The new locationalso allows options for NRP to increase their space beyond the 4thfloor.

 

About The NRP Group

The NRP Group LLC, founded in 1995, is a full-servicedeveloper, general contractor, and property manager of multifamily, senior, andstudent housing throughout the United States. From start to finish, every development NRP Group works on is carefullycontemplated and executed to maximize investment return cost efficiency,productivity and satisfaction. The NRP Group is recognized as a three-timerecipient of the National Association of Builders Multifamily Development Firmof the Year and has been ranked the 2016 #1 Developer by Affordable HousingFinance and the 2017 #6 Contractor and #7 Developer by The National MultifamilyHousing Council. The NRP Group LLC has offices in Cleveland, Ohio; San Antonio,Texas; Raleigh, North Carolina; Tampa, Florida; Buffalo, New York; New York,New York; Gaithersburg, Maryland; Boston, Massachusetts; Dallas, Texas;Houston, Texas; Austin, Texas; Orlando, Florida and Detroit, Michigan, devotingsignificant resources to providing high-quality housing to residents. Foradditional information, visit www.NRPGroup.com.

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Rank
April, 2017

The NRP Group earned national recognition today by making the National Multifamily Housing Council’s (NMHC) 2017 NMHC 50, the annual ranking of the nation’s largest apartment owners, managers, developers, general contractors and syndicators. The NRP Group is ranked the #6 Contractor and #7 Developer in the country.

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