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 355 unit Market Rate development in Woodbridge, VA
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.
Find out how NRP has partnered with one of America's largest children's hospitals and a top community development group to help heal neighborhoods in the hospital's service area on the south side of Columbus.
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For more information, please contact Adam Siegal at firstname.lastname@example.org
A 390 unit Market Rate Development near McClean Metro Station in Tysons Corner, VA
NRP Construction is active in 14 states and has been named the 3rd largest builder in the U.S. according to the National Multifamily Housing Council (NMHC 2021). 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.
368 luxury apartments located in the Tech Ridge area of North Austin.
We manage some 25,000 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.
NRP Asset Management maximizes the value of over 160 properties with 26,000 units at an asset value of $2.1 billion, and has executed market rate dispositions of $2.0 billion with value creation of 34% sale price over total project cost.Existing Portfolio
This team focuses on maximizing the portfolio value through three main activities:
The Asset Management team also acts as a trusted financial advisor and full participant in the NRP Investment Committee (IC) and Executive Committee (EC) by providing input and counsel on capitalization, underwriting, and exit strategies for all new NRP investments.
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.
Sinclair Apartments will address the need for high-quality affordable housing for Columbus-area residents earning between 30 and 70 percent of the Area Median Income.
NRPGroup is a top finisher in The Plain Dealer 2021 Top Workplaces in the Midsize company category.
In recent weeks, reports of antisemitic attacks against Jewish people in U.S. streets and online have surged. Antisemitism has a long and ugly history in our country and around the world, and it is our belief that hate and discrimination in all forms cannot be tolerated.
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