Aaron Pechota joined The NRP Group in 2004 and in 2021 was elevated to Executive Vice President of Development with responsibility for leading the affordable development organization and all related activity across the entire NRP footprint.
In this capacity, Mr. Pechota is responsible for development activity that has been averaging ten projects per year encompassing 1,850 affordable units with total development cost of $750 million.
Over the course of his career, Pechota has gained extensive experience in various types of multifamily housing development including Class A luxury apartments, student housing, senior housing and affordable housing. During this time, he has developed over 50 communities totaling more than $1 billion of investment, much of which has been in disadvantaged communities. He has particular expertise in urban infill developments that are part of strategic neighborhood revitalization plans with unique redevelopment opportunities and challenges. He also has a long history of creating strong public/private partnerships with local municipalities, community groups, public institutions, community-based non-profit organizations and other for-profit developers.
Over the past decade, Mr. Pechota has been the creative driving force behind launching Healthy Housing partnerships between The NRP Group, healthcare providers and nonprofits in an effort to build on affordable housing as a platform for improving a broader range of social determinants of health. The concept of Healthy Housing starts with the stability of safe, high quality affordable housing and builds upon it by offering supportive services in areas like health care, food and nutrition, workforce training, and other broad support services that give people more tools, more capabilities and more hope. Mr. Pechota firmly believes that Healthy Housing is the future of affordable housing and is working actively to expand the reach of these developments to fulfill the full promise of affordable housing in the U.S.
Prior to joining NRP, Pechota worked as a Corporate Associate and in the investment banking group at National City Corporation, now PNC. In this role, he advised clients on both strategic sell-side and buy-side merger and acquisition transactions. He also provided complex financial modeling and analysis, strategic planning and marketing expertise to clients in the automotive, chemical, consumer goods and retail industries.
Pechota holds a bachelor’s degree in finance and accounting from the University of Dayton and an MBA from the Weatherhead School of Management at Case Western Reserve University. He is a board member at the Ohio Housing Council, committee member at the Greater Cleveland Foodbank, and a board member of the Downtown Cleveland Alliance in Cleveland. . Pechota resides in Avon, Ohio, with his wife and six children.
1228 Euclid Avenue, 4th floor
Cleveland, OH 44115