George Currall Appointed to Chief Financial Officer of The NRP Group

Currall, Formerly NRP’s Chief Investment Officer, will succeed former CFO Andy Tanner who remains on the Advisory Board after 23 years with the company

CLEVELAND--(BUSINESS WIRE)--The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, today announced the appointment of George Currall as Chief Financial Officer (CFO). The announcement follows the retirement of Andy Tanner, a 23-year veteran of NRP and the firm’s long-time CFO. All changes are effective immediately.

“George has played a pivotal role in transforming NRP into a national industry leader through his disciplined approach to multifamily investments, and I am excited to begin this next era of growth under his leadership,” said J. David Heller, President, Chief Executive Officer and Co-Founder of NRP. “During his tenure, Andy made invaluable contributions and impact to our company’s financial growth and long-term stability. I’m grateful for his leadership and steadfast commitment to our mission through the years.”

Tanner joined NRP in 2000 and played a significant role in developing best-in-class systems, processes and tools that enabled NRP to deliver top-tier investment returns and outstanding long-term performance. During his more than two decades as CFO, NRP developed over 50,000 units valued at $8.8 billion in development cost with market rate dispositions representing nearly $3 billion. Though stepping away from his CFO duties, Tanner will remain an active member of NRP’s Advisory Board.

Currall joined NRP in 2008 and brings a wealth of financial expertise and leadership experience to his new CFO role where he will lead Capital Markets, Asset Management, Tax and Accounting teams for NRP. He became a Principal in 2016 and is a member of the Executive Committee and the Governing Board of NRP. As the former Chief Investment Officer, he managed both the Capital Markets and Asset Management divisions, leading his team to more than 300 closings representing over $10 billion in total capitalization.

“I’ve had the privilege of working closely with Andy for the past 15 years as we delivered on our growth and expansion plans,” said Currall. “I look forward to continuing his legacy and working with the incredible teams at NRP to deliver on our commitments to our partners, stakeholders, and broader communities.”

Prior to joining The NRP Group, Mr. Currall spent 11 years in multifamily mortgage banking with MMA Financial, Lend Lease Mortgage Capital, Red Mortgage Capital and Banc One Capital Corp. Mr. Currall earned his bachelor’s degree in Economics from Washington & Lee University and his MBA from The George Washington University.

“Since our partnership began in 2016, George has served as a trusted colleague with a strong track record of creating value and delivering growth in challenging economic times,” said Brad Carroll, Managing Partner of TriPost Capital Partners. “We're excited to see him chart NRP's future financial endeavors toward sustained success.”

ABOUT THE NRP GROUP

The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing with a mission to create exceptional rental housing communities for individuals and families, regardless of income. Since its founding in 1994, NRP has developed more than 50,000 apartment homes, and currently manages over 25,000 residential units.

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, mixed-income, and senior housing.

The NRP Group is consistently ranked in the Top 10 largest developers and builders in the U.S. by the National Multifamily Housing Council and by Affordable Housing Finance. The NRP Group is a winner of the National Association of Home Builders Multifamily Pillars of the Industry award for “Builder of the Year,” and a four-time recipient of the same award for “Development Firm of the Year.” The NRP Group has become the top multifamily developer in the U.S. that creates both affordable and market rate housing at national scale. Based on its nearly 30-years of experience and expertise, NRP now provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.