We started out creating communities that are set apart from the competition. Using our industry foresight, pioneering spirit and market knowledge, plus our unparalleled relationships with external business partners, we met the demand for superior affordable and market-rate housing. And we’ll continue to do just that. Have a look at how far we’ve come since we were founded.
The NRP Group is founded in Cleveland, Ohio, by Alan F. Scott, T. Richard Bailey and J. David Heller. We develop five projects that year.
We open an office in Detroit and begin our expansion into Michigan.
We expand into North Carolina and Virginia.
We open an office in Raleigh.
We expand into Arizona, opening an office in Phoenix.
Operations are launched in Texas, opening our San Antonio office.
We form NRP Management.
This landmark year sees us complete the development of our 10,000th unit.
We now have over 5,000 units under management.
We formalize our Luxury Class A multifamily business.
We open an office in Buffalo and start growing our operations in New York.
The National Association of Homebuilders names us Multifamily Development Firm of the Year.
Affordable Housing Finance Magazine names us the number one Affordable Housing Developer for the fifth year in a row.
We expand into Florida and open an office in Orlando.
We now have 10,000 units under management.
We’re ranked 7th nationally in Multifamily Builders Top 50. And we pick up a National Association of Builders SAFE Award.
We’re the National Association of Homebuilders Multifamily Development Firm of the Year for the second time.
Our growth in Florida continues with the opening of our Tampa office.
Ranked #1 developer in Affordable Housing Finance while emphasizing more market-rate development.
We’re now developing 15 to 17 projects a year.
After a decorated 30 year career in the Real Estate industry Alan F. Scott chose to sell his shares in The NRP Group, to his partners, and retire.
We’re the National Association of Home Builders Pillar Award winner for 2014.
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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