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The NRP Group Welcomes Brett Gelsomino as Senior Vice President of Development, Strengthening Florida Footprint

Gelsomino will focus on market-rate multifamily development throughout Florida, deepening The NRP Group's presence in one of the fastest-growing states in the country

CLEVELAND--(BUSINESS WIRE)--The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the addition of Brett Gelsomino as Senior Vice President of Development. Leveraging nearly 20 years of experience in housing development and investment in Florida, Gelsomino will lead the firm’s market-rate development efforts throughout the state, overseeing all aspects from site selection to project completion. Gelsomino will report to Mike Zelenkofske, Executive Vice President of Development at The NRP Group.

“We are thrilled to welcome Brett to The NRP Group,” said Zelenkofske. “Through his leadership we expect to continue to expand upon our robust development efforts in one of the country’s fastest growing states.”

With a proven track record in market-rate and luxury housing, Gelsomino will drive The NRP Group’s expansion in Florida, leading site selection, entitlements and development strategy. As the state’s housing market continues to evolve, his appointment strengthens The NRP Group’s commitment to growth, enhancing the firm’s ability to deliver high-quality communities in high-growth markets. His deep understanding of market trends and the evolving expectations of today’s renters will enable The NRP Group to develop distinctive, sought-after communities that set a new benchmark in the industry.

Gelsomino previously spent 14 years at ZOM Development, where he launched and led ZOM’s senior living division as Senior Vice President, overseeing the origination, capitalization and construction of nearly $400 million in luxury rental senior living communities. Since 2007, he has developed over 2,500 multifamily and senior living units throughout the state, with a total cost value exceeding $1 billion. In 2022, he founded Gelsomino Holding, a development and investment firm focused on ground-up multifamily projects in Florida, successfully entitling and closing on nearly 900 units to date. A licensed real estate broker and certified general contractor, Gelsomino brings a well-rounded skill set to his new role.

“The NRP Group’s reputation for innovation, integrity, and excellence is unparalleled, and I’m honored to join such a strong, steadfast and high-performing organization,” said Gelsomino. “Florida’s housing market is full of potential, and with The NRP Group’s exceptional leadership and resources, we have a tremendous opportunity to address the housing needs of our dynamic and growing population. I’m thrilled to be part of a team that is truly dedicated to making a positive and lasting impact.”

Gelsomino is the incoming Chairman and adjunct professor of Urban Land Institute’s (ULI) Leadership Institute and current Executive Board Member of the Properties Committee at Boy Scouts of America. He received a Bachelor’s degree in Building Construction and a Master’s of Science in Real Estate from the University of Florida.

Over the last several years, The NRP Group has built a robust portfolio of market-rate and affordable developments in Florida, including 6,357 developed units in markets including Fort Myers, Venice, St. Petersburg, Tampa and Orlando.

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 60,000 apartment homes and currently manages over 30,000 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 provide 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 a 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.

Contacts

MEDIA:
Phoebe Schmidt
Antenna | Spaces
nrpgroup@antennagroup.com

The NRP Group


Release Versions

Contacts

MEDIA:
Phoebe Schmidt
Antenna | Spaces
nrpgroup@antennagroup.com

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