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.
Dan oversees our development operations, including bond/tax-credit and conventionally financed rental communities, from our San Antonio office. With 26 years’ experience in financing, developing and owning multifamily and single-family housing, he’s well-qualified to deliver the superior quality we’re known for.
As senior vice president of Boston Capital from 1987 to 1997, Dan was responsible for more than $400 million of equity investment in affordable housing, including new construction and preservation. From 1997 to 2003, he was a partner in Royal Castle Companies, developing affordable housing rental units including 14 apartment communities in Florida, Louisiana, Michigan and Texas. Under his leadership, Royal Castle pioneered many innovative programs such as on-site educational centers and athletics facilities, benefiting residents and their children. His considerable achievements have earned him a place in the 1993 to 2012 editions of Who’s Who in Business and Finance.
He earned a bachelor’s degree in urban geography from Clark University and a master’s degree in business administration from Babson College.
Dan is the national director of the National Association of Home Builders (NAHB) for the Greater San Antonio Builders Association. He’s also on the Federal Government Affairs and Housing Finance Committee of NAHB, is a founder and trustee of the NAHB Multifamily Council, and is a chairman of the NAHB Housing Credit Group – a key advocate for Low-income Housing Tax Credits. A past chair of the NAHB Multifamily Finance Subcommittee, he was reappointed for 2010-2011. Not only that, he’s a director and president of the Texas Association of Affordable Housing Providers, a state director of the Texas Association of Builders and 2003 Chairman of the TAB Multifamily Council.
Dan is well recognized for his many contributions to housing by his peers and in many national and local publications, including Affordable Housing Finance and the San Antonio Business Journal.
A development advisor to the Board of Directors of Interfaith, a Rhode Island consortium of churches dedicated to providing low-income housing, Dan was also a director of the non-profit developer Charlesview, Inc., from 1981 to 1991. Currently he’s on the board of Temple Beth El San Antonio and is a director of Jewish Family Services, also in San Antonio.
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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