Building buzz, news and topics

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

August, 2016
  • Best Residential Development/Emerald Village 2016
  • Best Residential Development/The Landings at Brook City-Base 2013
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.

 

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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.

 

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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
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.
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.
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
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
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
Off-campus apartments eyed for the University of Toledo
August, 2013
NRP Group to build 298 apartments at Morehead and Church
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
January, 2013
Second phase of Cevallos Lofts being considered
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