SAN ANTONIO–(BUSINESS WIRE)–NRP Group, a premier, vertically integrated multi-family housing developer, builder and manager, today announced the hiring of Christopher O’Neill as Executive Vice President of Development in Texas, reporting to Kenneth W. Outcaltdirector and president of development.
“We are thrilled to have Chris bring his expertise to our team and continue to follow PNR’s mission to create exceptional rental communities for individuals and families, regardless of income,” said Ken Outcalt, President of Development at The NRP Group. “He has an established track record in developing exceptional multi-family communities and we are confident he will accelerate the growth of our pipeline and lead our development team into new markets.”
NRP Group continues to expand its footprint in Texas, with a current pipeline of approximately 4,045 housing residences at market rate and for ongoing labor. In his new role, O’Neill will oversee the expansion of the Texas development pipeline in addition to other western markets like Arizona, Nevada and Colorado, while overseeing all aspects of project management for communities. at the market rate. O’Neill will leverage his more than 20 years of experience and leadership in multifamily construction and development to pursue public-private partnerships in the high growth and expansion markets of Texas.
Prior to joining NRP, O’Neill was Managing Director at Hines, a global real estate investment and management services firm. During his tenure at Hines, he was the first project manager for the Southwest region’s multi-family platform and managed the region’s first multi-family development, Waterwall Place. O’Neill also managed transactions in the Southwest region for approximately 10 years and continued to grow the business group and lead Hines’ suburban multifamily efforts throughout Texas, Colorado and Arizona. O’Neill has managed the development of nearly 8,000 units exceeding $2 billion in value.
A graduate of Texas A&M University, O’Neill earned his degree in construction science and earned his MBA from the University of Houston.
“I am thrilled to join the renowned team at NRP Group to help drive growth in Texas alongside a group of talented associates who have demonstrated incredible success in metro areas,” O’Neill said. “NRP is an undisputed leader in the development of market-priced apartments and understands the importance of providing housing to populations with varying incomes and needs. I am excited to continue this work to help these communities address some of the challenges they face. Additionally, I look forward to helping NRP and our investors expand our presence in the Texas and Western markets. There are plenty of opportunities out there, and NRP is well positioned to take advantage of them.
About the PNR Group
NRP Group is a vertically integrated developer, owner, builder and manager of premier multi-family housing. Since its founding in 1994, NRP has developed over 50,000 apartments and currently manages over 26,000 residential units. The company uses the full extent of its in-house capabilities to fulfill its mission: to create exceptional rental communities for individuals and families, regardless of income. Through its disciplined approach to opportunity verification, NRP has established a track record of impressive returns for investors. The company’s size and wealth of talent provide the experience and infrastructure to execute developments of varying degrees of complexity and scope in urban and suburban areas, including market-priced, affordable and for the elderly.
The NRP Group was named 2021 NMHC #3 Top Multifamily Builder in the United States and #5 Top Multifamily Developer, and Affordable Housing Finance named The NRP Group #2 Top Affordable Housing Developer. NRP Group is a National Association of Home Builders (NAHB) Multifamily Mainstays of the Industry award winner for “Builder of the Year” and a three-time recipient of the “Development Company of the Year” award. For more information, please visit https://www.nrpgroup.com/.