The NRP Group Launches NRP Construction, Specializing in Multifamily Housing

10/17/17

The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced that it has launched NRP Construction, a business division that extends NRP’s full suite of in-house pre-construction and general contracting services to other multifamily owners and developers in the Texas market.

With two decades of experience in over a dozen states, The NRP Group is able to leverage its unique perspective as one of the industry’s largest multifamily developers to create value for all types of multi-unit residential construction projects, from luxury and market-rate communities, to affordable, public-private partnership, student or senior housing in both urban and suburban locations.

“The launch of NRP Construction is a natural expansion of our core capabilities and was born out of demand from industry peers for highly specialized design-build and construction management services,” said Taylor Brown, President of NRP Construction. “Building high-quality residential communities is what we do. Our long-standing, strong relationships with subcontractors, tradespeople, vendors, and suppliers, as well as our scale – which is unrivaled in terms of breadth and depth of talent – give us access to unparalleled pricing and workmanship, something few other multifamily developers are able to offer.”

NRP has delivered over 28,000 residential units nationally over the last 20 years, and over 7,000 in Texas over the last five years. The company also manages over 17,000 units nationally, giving it deep institutional knowledge of how properties must to be designed and constructed to run efficiently over the long term.

“By approaching every project from an owner’s perspective, our team of 65 employees delivers an end-product that is not only on time and on budget, but outperforms through lower maintenance costs, longevity, ultimate profitability for its owner, and enjoyment for residents,” Taylor added.

NRP Construction provides its unique insight on any phase of a construction project, at any level of complexity. The company’s integrated approach is extremely sensitive to a site’s unique challenges, but brings the benefits of a general contractor with experience and volume on a national scale.

“Across hundreds of projects developed, constructed, and managed over two decades, our team has seen what products and assemblies need to be included, and which to stay away from, to keep operating expenses low,” Taylor said. “We know which mistakes to avoid during the design and construction phase that result in higher operating costs two, three, or even 10 years down the road.”

Licensed in 12 states, NRP Construction works closely with developers from the earliest conceptual and design stages to value engineer a project. The company’s specialty is design-assist and design-build, services through which NRP Construction analyzes the entire range of adjustment options an owner can consider.

“The NRP way includes a process for checking and re-checking costs throughout a project’s phases, or what we call ‘taking the temperature of the deal,’ so that owners don’t find themselves committed to a value-destroying endeavor,” said Dan Hull, senior vice president of NRP Construction. “Any issue a developer might face, they can be sure that NRP has been down that road before.”

Adding to NRP’s unique value proposition is that upon completion of a project, NRP is able to offer its renowned third-party property management services through NRP Property Management, which currently oversees 100 properties, encompassing luxury, family and senior rental units in eight states.

For more information about NRP Construction, visit. www.nrpconstruction.com.

About The NRP Group

The NRP Group LLC, founded in 1995, is a full-service developer, general contractor, and property manager of multifamily, senior, and student housing throughout the United States. 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 is recognized as a three-time recipient of the National Association of Builders Multifamily Development Firm of the Year and has been consistently ranked one of the Top 25 Developers by Multifamily Executive. The NRP Group LLC has offices in San Antonio, Texas; Cleveland, Ohio; Raleigh, North Carolina; Tampa, Florida; Buffalo, New York; New York, New York; Gaithersburg, Maryland; Dallas, Texas; Houston, Texas; Austin, Texas; Orlando, Florida and Detroit, Michigan, devoting significant resources to providing high-quality housing to residents. For additional information, visit www.NRPGroup.com.

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