The NRP Group Targets 28 Groundbreakings in 2020 Continuing Accelerated Growth Trajectory
CLEVELAND, Jan. 17, 2020 /PRNewswire/ — The NRP Group, a vertically-integrated, best-in-class developer, builder, and manager of multifamily housing, today announced it expects to break ground on 28 new projects in 2020, totaling 6,559 units of market-rate, workforce and affordable housing, at a project cost of $1.54 billion. This projected 2020 pipeline represents a 50 percent year-over-year increase on a basis of total unit starts.
“While 2020 promises to be a landmark year for The NRP Group, 2019 was one of the most incredible years ever for the company and it wouldn’t have been possible without our passionate A+ players,” said J. David Heller, Co-Founder and Chief Executive Officer at The NRP Group. “In addition to everything we were able to accomplish last year, we also pulled together an amazing 25th anniversary celebration in San Antonio, Texas. I can’t wait to see what the next 25 years will bring, and I want to say thank you to everyone in our organization and to all of our valued partners.”
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