NRP Group
“Can one vertically integrated real estate firm develop, build, and manage both affordable and market-rate multifamily housing at national scale without sacrificing quality or community impact?”
Founded in 1994 in Cleveland, NRP Group grew from a regional affordable housing developer into one of the nation's largest vertically integrated multifamily real estate firms, combining development, construction, and property management under one roof. The company expanded from purely affordable housing to a mix of affordable, market-rate, and mixed-income communities, developing over 67,000 units totaling $13 billion in projects. TriPost Capital Partners became a key equity partner, providing institutional backing for continued growth. NRP's embedded finance story is minimal — it operates as a real estate operator using standard construction management tools (Procore) rather than offering embedded financial products to customers.