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Company Profile

The Nrp Group

Multifamily DeveloperAffordable Housing DeveloperMultifamily Owner-Operator
nrpgroup.com
1228 Euclid Avenue, 4th floor, Cleveland, OH 44115

Vertically integrated multifamily real estate developer, general contractor/builder, property manager, and asset manager. They develop, construct, own, and manage affordable, market-rate, mixed-income, and workforce multifamily apartment communities. They have developed 67,000+ units (29,000 affordable, 27,000 market rate, 9,500 mixed income) and manage 32,000 units.

Key Statistics

As of June 2026, public records show The Nrp Group has $1.6B in total recorded mortgage volume across 118 mortgages, with 100 current property ownerships held through 68 confirmed entities.

Total Mortgage Volume

$1.5B

Current Ownerships

100

Confirmed Entities

68

Associated People

48

Entities (68)

The Nrp Group operates through 68 confirmed holding companies and entities identified from public records.

LORD ROAD APARTMENTS LTD

TX · 3 properties · 8 mortgages

active
Incorporated on 11/28/2016 in TX
SLAVIC VILLAGE GATEWAY LLC

OH · 0 properties · 7 mortgages

active
Incorporated on 07/09/2019 in OH
OLD CONCORD APARTMENTS AT THE BLUE LINE LLC

NC · 4 properties · 7 mortgages

active
Incorporated on 02/02/2018 in NC
PECOS APARTMENTS LP

NV · 1 property · 6 mortgages

active
Incorporated on 08/20/2024 in NV
NORTH TRYON HOMES LLC

NC · 2 properties · 6 mortgages

active
Incorporated on 12/16/2019 in NC

+63 more entities not shown

People (48)

Properties (100)

AddressEntityStatusConsideration
201 E LAFAYETTE ST,
JACKSON, TN 38301
NRP FUND II LLCOwns$4.5M
6555 N PECOS RD,
NORTH LAS VEGAS, NV 89086
PECOS APARTMENTS LPOwns$4.5M
CHURCHILL AVE,
CLEVELAND, OH 44106
CHURCHILL GATEWAY II LLCOwns$2k

+129 more not shown

Top Lenders

The following lenders have the most recorded mortgage volume with The Nrp Group entities.

Geography

The Nrp Group has recorded real estate activity in the following states.

Pennsylvania
Texas
North Carolina
Arizona
New York
Maryland
Ohio
Nevada
Florida
New Jersey
Tennessee
Michigan

FAQ

What does The Nrp Group do?

Vertically integrated multifamily real estate developer, general contractor/builder, property manager, and asset manager. They develop, construct, own, and manage affordable, market-rate, mixed-income, and workforce multifamily apartment communities. They have developed 67,000+ units (29,000 affordable, 27,000 market rate, 9,500 mixed income) and manage 32,000 units.

How many entities are associated with The Nrp Group?

The Nrp Group operates through 68 confirmed entities identified from signatures on recorded documents. Key entities include LORD ROAD APARTMENTS LTD, SLAVIC VILLAGE GATEWAY LLC, and OLD CONCORD APARTMENTS AT THE BLUE LINE LLC.

Who are the key people at The Nrp Group?

Public records and filings associate 48 individuals with The Nrp Group. Key people include Richard Bailey (Partner & Principal (President of NRP Contractors)), Noam Magence (General Counsel), and David Heller (President, CEO, & Co-Founder of NRP Enterprises).

How many properties does The Nrp Group own?

Public records show 100 current property ownerships associated with The Nrp Group entities, with $1.5B in total recorded mortgage volume.

Which lenders has The Nrp Group worked with?

Top lending relationships include KeyBank, Truist Bank, and Dollar Bank, Federal Savings Bank, based on recorded mortgage data.

How is this data collected?

Elementix aggregates data from recorded real estate documents, business filings, and other lawfully available sources. We use AI to extract signatures, identify entity relationships, and connect people to the companies they operate through.

The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities.

Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.

Requests for removal, suppression, or correction of information must be submitted to [email protected]. Elementix reviews such requests only where required by applicable law.