By Leah Draffen | Multifamily Executive
Multifamily developer, builder, and manager The NRP Group, based in Cleveland, has expanded its footprint farther westward where demand for rentals is high in Phoenix and Las Vegas. The expansion also included hiring Austin Kates as vice president of development in Phoenix and Mike Moriarty as vice president of development in Las Vegas.
Both local to their markets, Kates and Moriarty will oversee market-rate developments in their rapidly flourishing areas. The two will report to Chris O’Neill, executive vice president of development in Texas, the firm shares.
“Welcoming Austin and Mike to the team is the start of an exciting new chapter for NRP. The Phoenix and Las Vegas markets are among the fastest growing in the nation, and the need for our caliber of rental communities is mounting,” O’Neill says. “Austin and Mike’s combined development experience will help bolster market-rate rental housing in these booming hubs.”