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.
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A 274 luxury apartment community in Pinellas Park, FL.
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.
200 luxury apartments located in Euless, Texas.
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.
An eclectric community situated near the historic downtown district of Mansfield, Texas.
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.
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 email@example.com
Through our owner’s perspective, we are ideally suited to extend the quality and breadth of our in-house capabilities to other owners and developers, ensuring that each property benefits from a finely-tuned maintenance and efficient processes. We apply these processes to our customized approach to the third-party management business. Our team of more than 450 professionals work diligently to bring our values to life every day, fostering a prominent sense of community and partnership amount residents and team members. Our systems, checks-and-balance procedures and support technology allow us to evaluate all aspects of operations on a continual basis. Access to our platform and in-house expertise, owners and asset managers get real-time insight into what works and what doesn’t than they ever thought possible with our best-in-class toolkit.
In 2017, NRP Construction extended its full suite of in-house pre-construction and general contracting services to other mulitfamily owners and developers in the Texas market, securing two projects with more on the horizon for 2018. We provide a unique insight on any phase of a construction project with any level of complexity while our integrated approach is sensitive to a site's individual challenges. We bring the benefit of a general contractor with experience and volume on a national scale with over 28,000 units built. Our 65 person team works closely with developers from earliest conceptual and design stages to value engineer a project. Our specialty is design-assist and design-build services, analyzing the entire range of adjustment options an owner can consider throughout the process.
Despite growing economic uncertainty surrounding global trade and a record-long expansion, the commercial real estate sector is maintaining steady growth.
The lesson I’ve learned over the years is to hire and retain only A+ talent, which, in our organization, means high-potential performers, and grant them a tremendous amount of autonomy. Those kinds of professionals, at every level of the organization, thrive in the environment we’ve cultivated, while B players and C players drag down colleagues.
The crowded multifamily pipeline in Jersey City just got even busier. The NRP Group, a vertically integrated developer based in Cleveland, has broken ground on a 131-unit apartment building at 39 New York Ave. in the Coles Street Park neighborhood. The area sits between the Heights neighborhood and the border between Jersey City and Hoboken.
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