Building buzz, news and topics

Whether we’re making headlines, winning awards or earning recognition, you can find the latest information here.

August, 2016
  • 2015 Ranked #9
  • 2014 Ranked #9
  • 2013 Ranked #8
  • 2011 Ranked #7
  • 2010 Ranked #9
  • 2009 Ranked #11
  • 2008 Ranked #22
  • 2007 Ranked #27
August, 2016
  • Best Residential Development/Emerald Village 2016
  • Best Residential Development/The Landings at Brook City-Base 2013
August, 2016
  • 2016 Best Development Emerald Village
  • 2014 Best Development Billboard
August, 2016
  • 2016 Finalist Best Garden Apartment Avenue 900 
  • 2015 Best Corporate Web site
  • 2015 Finalist Best Garden Apartment Thirty Oaks
  • 2015 Finalist  Best Student Housing Luxx
  • 2014 Best Garden Community Belleza at Cresta Bella
  • 2014 Honorable Mention Green Building Award/Cevallos Lofts
  • 2013 Safety of the Year Innovation Award   
  • 2013 Multi-family Safety Program of the Year
  • 2012 Multifamily Development Firm of the Year
  • 2012 Best Overall Leasing Campaign/Cevallos Lofts
  • 2012 Finalist Best Garden Apartments/Cevallos Lofts
  • 2012 Finalist Best Leasing or Sales Center/Cevallos Lofts
  • 2012 Best Affordable Apartment Community of the Year/Monterra
  • 2009 Multifamily Development Firm of the Year
  • 2007 Multi-family Safety Program of the Year
  • 2006 Finalist for Best Affordable Housing Community

 

April, 2016
AHF - Affordable Housing Finance recently announced the Top 50 Developers for 2015. NRP ranked #9 nationally in the affordable housing market.
April, 2016
Rivard Report highlights three NRP 'Urban Core' properties in San Antonio. The Flats and Big Tex, Cevallos Lofts and Gardens of San Juan Square.
April, 2016
The National Multifamily Housing Council and Multi-Family Executives, announced that The NRP Group has made the 2016 list of Top 25 Developers and Top 25 Contractors in the country.

A Place For Us Development & NRP Group Celebrate

Ground Breaking of $9 Million Senior Apartment Community

 

Cleveland, OH—(September 18, 2015)   The official ground breaking  ceremony for A Place For Us apartment homes took place Friday, September 18, 2015.   The 55 new garden style apartment homes located at the corner of W. 116th Street and Madison Avenue in Cleveland’s Highland Square neighborhood are designed for independent living for seniors 55 and better.

Dignitaries speaking at the event included Nickie Antonio, Ohio State Representative; Linda Krasienko, President, A Place For Us Development; Jon McKay, Housing of Grant Analyst, Ohio Housing Finance Agency; Ryan Olman, Vice President, Key Bank Development Corporation; Aaron Pechota, Sr. Vice President, Development, The NRP Group.

“This transit oriented development (TOD) is uniquely located in a mixed use neighborhood with great access to amenities,” said Aaron Pechota, Sr. Vice President, The NRP Group.  “There is strong demand for high quality affordable housing for seniors that is inclusive to all.  APFU will provide a wide array of amenities of physical spaces, programmatic activities and center gathering places that will welcome everyone into the community.

 “We are extremely excited about this senior development which will provide needed support for aging members of the Lesbian, Gay, Bisexual and Transgender (LGBT) community,” said Linda Krasienko, President, A Place For Us Development. “This community will provide a unique housing opportunity for an aging population that is often lacking close family relationships and suffering from isolation.”

The rail lines that once served heavy industrial properties along this corridor have been converted to the only light rail system in the state of Ohio and its West 117th RTA Rapid station is immediately across the street from the development.    The 1920’s era densely developed workforce housing neighborhood still retains a lot of its walkability and charm, while the West 117th Street corridor has become a major thoroughfare that provides great access to Lake Erie, significant retail and services as well as freeway access. 

 "Affordable housing developments have complex capital structures with many different layers of financing.  We work hard to simplify the process, bringing comprehensive solutions so that our communities achieve maximum benefit.  It’s rewarding to know the result is affordable, quality housing, and we hope that the new residents of A Place for Us are equally proud,"  said Rob Likes, National Manager of Key’s Community Development Lending and Investing.

Developed, built and managed by The NRP Group, A Place For Us represents a $9 million investment into the community. The property was specifically designed with seniors in mind and offers newly built affordable one and two-bedroom spacious apartment homes with an array of features including fully-equipped kitchens, a large community room, fitness center, lush garden terrace, library, computer center and supportive services.

About The NRP Group LLC

The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009, 2012 and 2014 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008, 2009, and 2011 by Affordable Housing Finance. The NRP Group LLC has offices in Cleveland, Ohio; San Antonio, Texas; Raleigh, North Carolina; Tampa, Florida; and Buffalo, NY devoting significant resources to providing high-quality, affordable housing to residents. For more information, visit www.nrpgroup.com.

 

###

June, 2015
City of Columbus, Community Development for All People & NRP Group Celebrate Grand Opening of $10 Million Parsons Village Senior Apartment Community

City of Columbus, Community Development for All People

& NRP Group Celebrate

Grand Opening of $10 Million Parsons Village Senior Apartment Community

 

Columbus, OH—(June 19, 2015)   The official grand opening and ribbon cutting ceremony for Parsons Village Senior Apartments took place Thursday, June 18,2015.    The 56 new garden style apartment homes located in the heart of Columbus at 1854 S. Washington Avenue, are designed for independent living for seniors 55 and better.

 

Dignitaries speaking at the event included Rev. John Edgar, Executive Director, Community Development for All People, Andrew Ginther, President, Columbus City Council; Paula Brooks, Franklin County Commissioner, Rita Parise, Housing Administrator, City of Columbus; Douglas Garver, Executive Director of Ohio Housing Finance Agency and Aaron Pechota, Sr. VP Development, The NRP Group.  

 

“This project is an ongoing effort to revitalize the South Side of Columbus by providing much needed affordable senior rental housing and leveraging the success of Southern Gateway Homes,” stated Mayor Michael B. Coleman. “The proximity to the Maloney Health Center provides access to necessary health services while ensuring seniors can live independently.”

 

Community Development for All People partnered with The NRP Group, a national developer,to bring this much needed senior apartment community to Columbus. US Bancorp placed their investment into this development as they round out the partnership with NRP and Community Development for All People. 

 

“Parsons Village is a wonderful addition to the Southern Gateway community.  These elegant apartments provide high quality housing with affordable rents for our senior citizens,” stated Rev. John Edgar,Executive Director, Community Development for All People. “Parsons Village is a major contribution to the ongoing renaissance of the South Side of Columbus. As one of the new senior residents stated, ‘These are luxury apartments that anyone can afford. ‘ “

 

Parsons Village is the result of individuals, businesses and government working together to ensure continued growth in the Columbus South Side community. "Seniors deserve safe, affordable housing and US Bank is proud to invest in Parsons Place,"said Rob Wasserman, vice president of US Bancorp Community Development Corporation. "Affordable housing developments aren't the easiest to obtain financing for, but we have a strong commitment to making these projects come together smoothly so that our communities benefit."

 

Developed,built and managed by The NRP Group, Parsons Village represents a $10 million investment into the community. The property was specifically designed with seniors in mind and offers newly built affordable two-bedroom spacious apartment homes with an array of features including fully-equipped kitchens, a large community room and patio, fitness center, computer center and planned activities.

 

About The NRP Group LLC

The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009, 2012 and 2014 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008, 2009, 2011 and 2014 by Affordable Housing Finance. The NRP Group LLC has offices in Cleveland, Ohio; San Antonio, Texas;Raleigh, North Carolina; Tampa, Florida; and Buffalo, NY devoting significant resources to providing high-quality, affordable housing to residents. For more information, visit www.nrpgroup.com.

 

###

April, 2015
NRP earned national recognition today by making the National Multi Housing Council’s (NMHC) 2015 TOP 25 largest developers, the annual ranking of the nation’s largest apartment owners and managers.  NRP ranked #9 in units developed
April, 2015

NRP earned national recognition today by making the National Multi Housing Council’s (NMHC) 2015 TOP 25 largest developers, the annual ranking of the nation’s largest apartment owners and managers. NRP ranked #9 in units developed.

June, 2014
Downtown high-rises get all the glory. But as the deep freeze of a recession melts and millennials make enough money to move out of their high school bedrooms, apartments are shaping up throughout Northeast Ohio.
June, 2014
More than 1,200 units within a mile radius are planned, under construction or already occupied. Modera Prime 235, Campbell Landings, and Beacon 430 are just a few of those hot spots. Urban Landings and Harbour's Edge were completely filled before construction was complete.
May, 2014
City of San Antonio and Bexar County Welcome Big Tex to Blue Star Community

NEWSRELEASE Contact: Laura Lopez (210)264-5430 laura@aguillon-­-associates.com

PARTNERS LEAD THE WAY FOR CONTINUED GROWTH OF DOWNTOWN SAN ANTONIO

City of San Antonio and Bexar County Welcome Big Tex to Blue Star Community

SAN ANTONIO (May 30, 2014) – Bexar County Judge Nelson Wolff and representatives from the City of San Antonio, the NRP Group LLC and Lifshutz Companies LP, gathered to announce the groundbreaking of downtown’s newest mixed-use development, Big Tex. As the newest addition to San Antonio’s growing portfolio of urban housing, Big Tex presents unique opportunities in revitalizing the city’s core.

“Residential investment in our city center is vital to attracting more businesses, economic advancement and continued urban renewal,” said San Antonio Mayor Julián Castro.

Located within the Blue Star Arts Complex, the 336-unit apartment community will offer a variety of studio one, two and three-bedroom floor plans, 7.5 acres of river front property and 6,000 square feet of ground floor retail and parking. This unique blend of residential and public space provides a fresh take on urban living, along with convenient access to Southtown and the King William Historic District.

“Big Tex is not only an opportunity for more people to make the Blue Star community their home, but for new, local businesses to take root as well,” said Dan Markson, Sr. Vice President of Development at the NRP Group LLC.

Big Tex will enhance the urban experience by providing new outlets for commercial and residential growth. Formerly the site of Big Tex Grain Company, the modern, upscale multifamily development will join a list of properties that revive older areas of downtown and draw in more residents.

“With Big Tex, we’re converting older, unused space into a new thriving community,” said James Lifshutz, CEO of Lifshutz Companies LP. “This is the type of rebuilding and investment we hope to see throughout all of San Antonio.”

The City of San Antonio will provide over $5 million in tax incentives for the area’s growth and improvement. To help foster the expansion of Mission Reach, Bexar County will also provide tax incentives. Big Tex is expected to be completed by Spring 2016.

About The NRP Group LLC

The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009, and 2012 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008, 2009 and 2011 by Affordable Housing Finance. The NRP Group LLC has offices in San Antonio, Texas; Cleveland, Ohio; Phoenix, Arizona; Raleigh, North Carolina, devoting significant resources to providing high-quality, affordable housing to residents. For more information visit www.nrpgroup.com.

About The Lifshutz Companies LP

The Lifshutz Companies is a family-owned real estate and investment group engaged, since 1950, in mortgage lending, land development, and in the development, ownership and management of a wide range of product types in Texas. The companies are run by James Lifshutz who followed his father and grandfather, Bernard and Sam, respectively – and who have played, collectively, a leading role in the redevelopment and revitalization of San Antonio’s center city for the past 50 years.

A Model City for all America: San Antonio

San Antonio is a model city for the new face of America—a diverse, progressiveand globally competitive city with a solid vision for national and international economic development. In 2012, San Antonio was named an All-­-America City by the National Civic League. The City of San Antonio maintains a strong financial position with a “AAA” general obligation bond rating from all three major rating agencies. The Milken Institute has ranked San Antonio No. 1 on its Best-­-Performing Cities list. As the seventh-­-largest city in the United States, San Antonio is experiencingsolid economic growth in 21st century industries such as bioscienceand healthcare. Biotech companies and healthcare systems in San Antonio contribute billions to the local economy. The Aerospace industry remains a dominant economic strength in San Antonio with the presence of several aviation and aerospace corporations, includingthe military. The military has had a significant relationship with San Antonio for more than 200 years and is home to several military commands. The city is also a cybersecurity hub; nationally recognized as a leader in the field of information security. San Antonio is positioning itself to be at the forefront of the New Energy Economy in the United States, committed to investing and creating employment opportunities in green industries. The travel industry also remains a consistent growing economy for the city, as millions of people visit San Antonio on a yearly basis. For more information, visit www.sanantonio.gov.

May, 2014
Ground Breaking of Big Tex, San Antonio Texas
May, 2014
NRP to Develop in Downtown Raleigh
May, 2014
Alan F. Scott Announces Retirement from The NRP Group
May, 2014
NRP Group Sells San Antonio Property
May, 2014
The NRP Group LLC Announces Sale of 300-Unit Multifamily Development in Thriving Brooks City-Base Area

PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Laura Lopez (210) 264-5430 laura@aguillon-­-associates.com

The NRP Group LLC Announces Sale of 300-Unit Multifamily Development in Thriving Brooks City-Base Area

SAN ANTONIO (May 6, 2014) – The NRP Group LLC has announced the sale of a premier multifamily development, The Landings at Brooks City-Base. Developed by NRP in 2013 the stunning 300-unit apartment community boasts a desirable location near downtown in San Antonio’s rapidly growing Southside.

Pensam Capital, a distinguished Miami, Florida-based firm with considerable San Antonio history and knowledge, purchased The Landings for an undisclosed price. CBRE brokered the sale with ninety-eight percent of the property’s units leased.

Located in the dynamic and historical Brooks City-Base, The Landings has served as a catalyst for contemporary living in the Southside. In addition to ease of transportation, the development provides a 4,166 square foot hangar-style community center, wireless lounge, resort-style pool with scenic views and close proximity to name brand shopping, excellent dining and state of the art medical facilities. Apartment features include granite counters, stainless appliances and direct access parking.

“By attracting more residents to San Antonio’s Southside, The Landings has greatly contributed to the recent spike in development at Brooks City-Base,” said Seth Mendelsohn, Vice President of Investment & Asset Management for NRP. “The Landings represents a historic transition for this landmark location. The quality of service Pensam provides will further this growth and align favorably with The Landings community.”

The Landings is a component of a larger mixed-use development planned at Brooks City-Base, which includes public parks, retail, medical and office space development. Representing the most significant market-rate residential investment in San Antonio’s Southside, The Landings is a direct product of Brooks Development Authority and NRP’s vision for the area’s growth and renewal.

To schedule an interview with an NRP executive regarding the sale or for more information on NRP, please contact Laura Lopez at laura@aguillon-associates.com or (210) 254-9160.

About The NRP Group LLCThe NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009, and 2012 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008, 2009 and 2011 by Affordable Housing Finance. The NRP Group LLC has offices in San Antonio, Texas; Cleveland, Ohio; Phoenix, Arizona; Raleigh, North Carolina, devoting significant resources to providing high-quality, affordable housing to residents. For more information visit www.nrpgroup.com.

May, 2014
The NRP Group LLC has announced the sale of Belleza at Cresta Bella Apartments, a 288-unit upscale community nestled in the picturesque hill country of San Antonio’s desirable Northside.

FOR IMMEDIATE RELEASE Contact: Laura Lopez

PRESS RELEASE (210) 264-5430

laura@aguillon-associates.com

The NRP Group LLC Announces Sale of 288-Unit Luxury Apartment Community in Affluent Cresta Bella Neighborhood

SAN ANTONIO (May 6, 2014) – The NRP Group LLC has announced the sale of Belleza at Cresta Bella Apartments, a 288-unit upscale community nestled in the picturesque hill country of San Antonio’s desirable Northside.

Inland, an esteemed Illinois-based Real Estate Investment Trust (REIT), purchased Belleza for an undisclosed price. CBRE brokered the sale with ninety-eight percent of the property’s units leased.

Built in 2013 by NRP, Belleza’s contemporary design, resort-style amenities and stunning panoramic views place it among the most desirable communities in Texas. The Class A multifamily development features unmatched luxuries, including a high-tech business center, expansive fitness gym with yoga room, two dog parks, an infinity pool with sweeping hill country views and a second, larger pool with cabanas and a grilling area. Apartment features include quartz counters, stainless appliances, tile backsplash lighting, attached parking and more.

“Inland is the model for best in class real estate. We’re confident their team will provide an exceptional experience for Belleza’s residents and its surrounding community,” commented Seth Mendelsohn, Vice President of Investment & Asset Management for NRP. “In turn, Belleza will greatly benefit Inland as a trophy asset with awe inspiring quality and beauty.”

Positioned along the west side of Interstate Highway 10 at Camp Bullis Road, Belleza boasts excellent proximity to San Antonio’s most popular shopping, dining and recreational activities, with the Shops at La Cantera, Six Flags Fiesta Texas and the Rim only minutes away. The strength of the market holds great opportunity for the long-term rent growth at Belleza.

To schedule an interview with an NRP executive regarding the sale or for more information about NRP, please contact Laura Lopez at laura@aguillon-associates.com or (210) 264-5430.

About The NRP Group LLC

The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009, and 2012 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008, 2009 and 2011 by Affordable Housing Finance. The NRP Group LLC has offices in San Antonio, Texas; Cleveland, Ohio; Phoenix, Arizona; Raleigh, North Carolina, devoting significant resources to providing high-quality, affordable housing to residents. For more information visit www.nrpgroup.com.

April, 2014
Student Housing at The Depot in Akron, Ohio Leasing Quickly
April, 2014
NRP Ranks #1 in Top 50 Affordable Housing Developers
April, 2014
NRP Group Buys Euless Tract for New Apartment Development
March, 2014
NRP Group to develop 298-unit upscale apartment homes in Charlotte, NC.
January, 2014
NRP Developing APFU Apartments for Seniors
January, 2014
NRP Group Planning New 248-unit Apartment Project in Cleveland’s Detroit Shoreway
December, 2013
Top 50 Affordable Housing Developers:
2013 #1
2012
2011
2010
December, 2013
Top 50 builders:
2013 #13
2012
December, 2013
Largest Residential Builder:
2013 #8
December, 2013
NRP Group expands its market reach by catering to apartment demands
November, 2013
The NRP Group expects to finish Beachwood apartments, now called The Vue, by March 2015
October, 2013
New apartments for low-income seniors to be finished in December
August, 2013
Construction on 234-unit complex planned for spring 2014
August, 2013
NRP Group to build 298 apartments at Morehead and Church
August, 2013
Off-campus apartments eyed for the University of Toledo
August, 2013
Affordable Housing Finance Magazine, 2013 Readers’ Choice Awards – Special-needs Finalist Encanto Pointe
May, 2013
Construction of big student apartment complex at University of Akron begins
April, 2013
Affordable Housing Finance Reveals Top 10 Developers of 2012
March, 2013
Ribbon Cutting for New Low Income Housing Complex in Greenville
February, 2013
Sienna Pointe Apartments adds a fine addition to the growing portfolio

PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Laura Lopez (210) 254-9160 laura@aguillon-­-associates.com

Preleasing begins for NRP Group’s second affordable multifamily housing in San Marcos

Sienna Pointe Apartments adds a fine addition to the growing portfolio

San Marcos, TX (February 4, 2013) – Preleasing has officially begun for Sienna Pointe, The NRP Group LLC’s second multifamily development in Hays County. Located at 2913 Hunter Road, this highly anticipated, mixed-use residence features several family-friendly amenities and top quality living at an affordable price.

Sienna Pointe is an accomplishment of the close partnership between the Bank of America Community Development Corporation, Bank of America and NRP Group LLC, and represents the most significant affordable residential investment received by Hays County in years. Between its two components, Sienna Pointe has a total of 228 units with an expansive selection of 1, 2, 3 and 4-bedroom layouts. Each of these spacious floor plans come equipped with an array of modern amenities, including 9’ceilings, window treatments, high quality kitchen and laundry appliances, covered entry ways and more. Sienna Pointe also provides several community features, such as a picnic area, playground and swimming pool, to promote family-friendly activity for its residents.

“Sienna Pointe caters to the needs of residents who are mindful of their budget and quality of living, making it a vibrant addition to the growing portfolio of affordable multifamily housing in San Marcos," said Dan Markson, Senior Vice President of The NRP Group, LLC.

Among its many amenities and valuable resources, Sienna Pointe’s prime location certainly warrants a mention. The development boasts a desirable proximity to downtown San Marcos and Interstate-35, providing residents with convenient access to several dining options and shopping centers, such as the San Marcos Premium Outlet Mall, JC Penney and Target. Sienna Pointe is also close to the Central Texas Medical Center and a number of public schools assigned to the San Marcos Independent School District, in addition to being only a short, 35 mile drive from downtown Austin. These combined factors make the area rich for outreach activities targeting the Low-Income Housing Tax Credit (LIHTC) market.

Sienna Pointe is a beacon of the transformative growth occurring in San Marcos and supports community development by drawing new residents to the area. Between its innovative design, high-end amenities and prime location, Sienna Pointe not only meets the demand for quality living in Hays County, but significantly impacts the market-rate housing portfolio with its affordability.

About The NRP Group LLC

The NRP Group is a full-service developer, general contractor, and property manager providing a broad range of services. From start to finish, every development NRP Group works on is carefully contemplated and executed to maximize investment return, cost efficiency, productivity and satisfaction. The NRP Group has been recognized as NAHB’s 2009, and 2012 Multifamily Development Firm of the Year and has been ranked number one in the Top 50 Affordable Housing Developers for 2007, 2008, 2009 and 2011 by Affordable Housing Finance. The NRP Group LLC has offices in San Antonio, Texas; Cleveland, Ohio; Phoenix, Arizona; Raleigh, North Carolina, devoting significant resources to providing high-quality, affordable housing to residents. For more information visit www.nrpgroup.com.

January, 2013
Second phase of Cevallos Lofts being considered
December, 2009
2000, 2002, 2004, 2005, 2006, 2009 Recognized as one of the fastest-growing companies in Northeast Ohio
December, 2008
1999 and 2008 Award of Excellence
December, 2008
2007, 2008, 2009 2014  Ranked Number One in Top 50 Affordable Housing Developers
2010, 2011, 2012, 2013 Ranked number Two in TOp 50 Affordable Housing Developers
December, 2007
2007 Multifamily Safety Program of the Year
December, 2006
2006 Leadership in Affordable Housing Award
December, 2006
2006 Community Partner Award
December, 2003
2003 Interior of the Year Award (Honorable Mention – Detail)
2002 Interior of the Year Award (Honorable Mention – Detail)
2001 Interior of the year Award (Runner-up: Commercial Space Over 5,000 Square Feet)
December, 2002
2002 Recognition of Valuable Contributions Toward Ending Homelessness
December, 2001
2000-2001 Governor Taft Recognition
December, 1995
1995 Distinguished Builder Award
Contact info

Tell us how we can help. Just put a few details on the form below.

First name is required.
Last name is required.
Valid email is required.
SUBMIT
dimensions...