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The NRP Group logo

The NRP Group

Cleveland, OH 501–1,000 employees 81 principals

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Last updated 3w ago

About The NRP Group

The NRP Group is a real estate operator headquartered in Cleveland, OH. The NRP Group operates in Akron, Ohio, Albany-Schenectady-Troy, New York and Amarillo, Texas. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Core.

The The NRP Group is a U.S.-based real estate development company founded in 1994 and headquartered in Cleveland, Ohio. The firm operates as a vertically integrated platform providing development, construction, and property management services for multifamily housing. It employs roughly 1,100 team members and operates from 15 regional offices across the United States. Since its founding, the company has developed more than 62,000 apartment homes and currently manages over 30,000 residential units nationwide. Its development portfolio includes more than 350 projects across 17 markets with total project costs exceeding $13 billion. NRP focuses primarily on multifamily residential real estate, including affordable housing, market-rate apartments, workforce housing, and mixed-income communities. The company originally specialized in affordable housing but expanded after 2008 into market-rate and moderate-income developments. The firm is consistently ranked among the Top 50 multifamily developers in the United States by the National Multifamily Housing Council and is also recognized as a leading multifamily builder and developer.

Principals at The NRP Group

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81 principals on file

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Recent activity at The NRP Group

2 recent signals from the real estate trade press · latest 1mo ago

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Fund closes, leadership changes, partnerships, and new development — captured from the real estate trade press the day they happen.

The NRP Group's project portfolio

4 projects on file · Multifamily (2), Mixed-Use (1), Residential (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets The NRP Group operates in

  • Akron, Ohio
  • Albany-Schenectady-Troy, New York
  • Amarillo, Texas
  • Austin, Texas
  • Baltimore, Maryland
  • Beaumont-Port Arthur, Texas
  • Boston, Massachusetts
  • Buffalo, New York
  • Canton-Massillon, Ohio
  • Cape Coral-Fort Myers, Florida
  • Charlotte, North Carolina
  • Cleveland, Ohio
  • Columbus, Ohio
  • Corpus Christi, Texas
  • Dallas, Texas
  • Dayton, Ohio
  • Detroit, Michigan
  • Evansville, Indiana-Kentucky
  • Fort Wayne, Indiana
  • Houston, Texas
  • Indianapolis, Indiana
  • Laredo, Texas
  • Miami - Ft. Lauderdale - West Palm Beach - South Florida
  • Midland-Odessa, Texas
  • New Orleans, Louisiana
  • New York City, New York
  • North Port-Sarasota-Bradenton, Florida
  • Orlando, Florida
  • Phoenix, Arizona
  • Pittsburgh, Pennsylvania
  • Prescott Valley-Prescott, Arizona
  • Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
  • Richmond, Virginia
  • San Antonio, Texas
  • Syracuse, New York
  • Tampa - St. Petersburg, Florida
  • Toledo, Ohio
  • Waco, Texas
  • Washington DC
  • Wilmington, North Carolina
  • Worcester, Massachusetts
  • Youngstown-Warren-Boardman, Ohio-Pennsylvania

Investment themes at The NRP Group

  • Affordable Housing
  • LIHTC
  • Multifamily - Core
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Office-to-Residential
  • Senior Housing
  • Single-Family Homes
  • Student Housing
  • Workforce Housing

Capabilities

  • AIM Attendee
  • Construction Management
  • Economic Development
  • High-Rise
  • Mixed Use
  • NMHC OpTech Attendee
  • RETCON Attendee
  • Site Development

Operators similar to The NRP Group

  • Greystone & Co., II LLC
    Institutional tierBeaumont-Port Arthur, TexasBuffalo, New York+18 more marketsLIHTCMultifamily - Value-Add+5 more themes
  • Agree Realty
    Institutional tierCleveland, OhioFort Wayne, Indiana+24 more markets
  • SunCap Property Group
    Institutional tierWilmington, North CarolinaBuffalo, New York+18 more marketsMultifamily - Ground-upMultifamily - Core+3 more themes
  • Kimco Realty Corporation
    Institutional tierWorcester, MassachusettsBaltimore, Maryland+22 more marketsMultifamily - Ground-up
  • EQT Exeter
    Institutional tierBaltimore, MarylandRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+16 more marketsSenior HousingAffordable Housing+5 more themes
  • PulteGroup
    Institutional tierWilmington, North CarolinaBaltimore, Maryland+18 more marketsSenior HousingAffordable Housing+2 more themes
  • The Michaels Organization
    Institutional tierCorpus Christi, TexasBaltimore, Maryland+13 more marketsAffordable HousingStudent Housing+4 more themes
  • Kite Realty Group Trust
    Institutional tierWilmington, North CarolinaWorcester, Massachusetts+18 more marketsMultifamily - Ground-up
  • Clayco
    Institutional tierWilmington, North CarolinaCharlotte, North Carolina+15 more marketsStudent HousingMultifamily - Ground-up+2 more themes
  • Wingate Companies
    Institutional tierBuffalo, New YorkWorcester, Massachusetts+10 more marketsSenior HousingOffice-to-Residential+6 more themes

Frequently asked questions about The NRP Group

What does The NRP Group do?
The The NRP Group is a U.S.-based real estate development company founded in 1994 and headquartered in Cleveland, Ohio.
Where is The NRP Group based?
The NRP Group is headquartered in Cleveland, OH.
What markets does The NRP Group operate in?
The NRP Group is active in Akron, Ohio, Albany-Schenectady-Troy, New York, Amarillo, Texas, Austin, Texas, Baltimore, Maryland, and Beaumont-Port Arthur, Texas.
How many employees does The NRP Group have?
The NRP Group has 501–1,000 employees.
The NRP Group cover image

The NRP Group at a glance

Tier
Institutional
Operator type
Developer, Owner, 3rd party Manager
Headcount
501–1,000
Units owned
25,000+
Units managed
25,000+
Property mgmt
Mix of Self- and Third-Party Managed
Markets
42
Principals
81

Contact The NRP Group

1717 E 12th St, Cleveland, OH 44114, United States
www.nrpgroup.com