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The NRP Group Enters Atlanta Market with Johnson Bazzel as VP of Development

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The NRP Group Enters Atlanta Market with Johnson Bazzel as VP of Development

With New Hire, The NRP Group Expands Footprint to Georgia, a Natural Completion of Its Presence in the Southeast, Where It Operates in North Carolina, Florida and Texas.

PR Newswire

ATLANTA, Aug. 27, 2018 /PRNewswire/ -- The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the hire of Johnson Bazzel as Vice President of Development in Atlanta, Georgia. The hire marks NRP's entrance into the Atlanta market, as it aims to build-out its presence in multifamily development in the Southeast.

Like other markets where The NRP Group is active, Atlanta is a massive transportation hub with a booming economy, experiencing rapid job growth fueled by diverse business sectors spanning technology, media, finance, and government. As the city continues to attract population flows from both the Atlanta suburbs and other cities, demand for rental housing is expected to be a constant.

"We are thrilled to have Johnson join our team," said J. David Heller, Co-Founder and Chief Executive Officer at The NRP Group. "Johnson has a proven track record developing unique large scale urban and suburban multifamily communities that build on our national expertise and will accelerate our Atlanta market expansion."

Bazzel will be responsible for site acquisition, design, equity and debt capital raising, as well as management of both the construction and sale processes for The NRP Group. An industry veteran, Bazzel previously served as the Vice President of Development for Wood Partners, where he was responsible for all phases of multifamily and mixed-use deals.

"Atlanta is my home and I'm extremely excited to continue to play a role in the urban renaissance taking place in our city," Bazzel said. "While new to Atlanta, The NRP Group is respected throughout the nation's multifamily sector, and I look forward to playing an integral role in growing the company's presence in the Southeast."

About The NRP Group

The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in- class multifamily housing. Since its founding in 1995, NRP has delivered more than 33,000 apartment homes, and currently manages over 17,000 residential units. The company utilizes the entire breadth of its in-house capabilities to fulfill its mission: creating exceptional rental housing opportunities for individuals and families, regardless of income.

Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company's formidable size and depth of talent provides the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market- rate, affordable, and senior housing. As a three-time recipient of the National Association of Builders Multifamily Development Firm of the Year and recognized Top 25 Developer by Multifamily Executive, NRP is leveraging its decades of practice by also providing construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.

CONTACT:
Marynia Kruk
Beckerman
mkruk@beckermanpr.com                
347-452-7753

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SOURCE The NRP Group

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