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The NRP Group Expands Third-Party Construction Business With Key Appointments Across The East Coast

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The NRP Group Expands Third-Party Construction Business With Key Appointments Across The East Coast
News

News

The NRP Group Expands Third-Party Construction Business With Key Appointments Across The East Coast

2025-03-25 23:01 Last Updated At:23:21

CLEVELAND--(BUSINESS WIRE)--Mar 25, 2025--

The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, today announced the expansion of its third-party construction team with the appointments of Kevin Glenn, Noah Soven and Matt Tryder to Vice Presidents of Construction Business Development for Florida, the Carolinas and the Northeast, respectively. The new executives will report to Ted Kramer, Executive Vice President of Construction at The NRP Group.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325277263/en/

“As we continue to strengthen our third-party platform, we are excited to welcome new talent that enhances our ability to deliver exceptional results,” said Dan Hull, President of Construction at The NRP Group. “Kevin, Noah and Matt’s expertise in project execution, client relations and strategic problem-solving within the construction process will be invaluable to our partners navigating complex financial environments and market volatility.”

As one of the top 10 developers and contractors in the country, The NRP Group has more than 30 years of multifamily construction experience spanning affordable, workforce and market-rate housing communities in major metropolitan areas. The firm has built more than 60,000 units in 17 states across the United States and currently manages over 30,000 residences in 12 states. Approximately 25-30% of NRP’s construction projects are with third-party clients.

In their new roles as VPs of Construction, Glenn, Soven and Tryder’s responsibilities include driving new business opportunities, cultivating relationships on the ground and increasing the company’s third-party footprint. All three executives will be responsible for bringing the full resources and capacity of NRP’s successful construction operations to third-party clients.

Prior to his appointment at The NRP Group, Glenn served as the Vice President of Business Development at Coastal Construction Company and Austin Commercial in Tampa, Florida. With more than 27 years in business development, Glenn has established a strong network of quality relationships with owners, architects, consultants and subcontractors across the Greater Tampa Bay and Central Florida regions.

“With nearly 30 years in the business, I’ve seen firsthand the challenges developers face in getting projects off the ground,” said Glenn. “What sets NRP apart as a third-party partner is its unique position as an owner-operator which provides a level of insight and problem-solving that most firms simply can’t match. NRP has the resources and expertise to help developers close deals where others fall short. I’m excited to be part of a team that not only understands the industry inside and out, but also has the scale and strategic vision to drive real impact in the market.”

Prior to joining The NRP Group, Soven served as a project lead and development manager at Williams Company, FORE Property Development and Ashton Woods Homes. Most recently, he oversaw business development and sales at Procore Technologies. With more than 10 years of construction operations experience, Soven has honed a deep understanding of the complexities of multifamily, retail and industrial construction, navigating every stage of development from initial concept and preconstruction to value engineering and project closeout.

“The Carolinas are experiencing a major push to build more affordable and workforce housing, with cities increasingly partnering with private developers to meet demand,” said Soven. “With NRP’s strong relationships in the region and a robust pipeline of RFPs and business development opportunities across all product types, the timing couldn’t be better to expand our third-party platform. I’m especially passionate about leveraging advanced technology to drive efficiency and innovation in construction, and I look forward to bringing those solutions to our partners as we continue to grow in this market.”

Tryder brings more than 22 years of experience in the multifamily housing and construction industry throughout New England and the Northeast to his new role. Prior to joining The NRP Group, Tryder was a senior construction manager at Mill Creek Residential and Hines, his expertise spanning everything from concept budgeting and feasibility to design coordination, scheduling, production and dispositions.

"Multifamily construction in the Northeast comes with its own unique challenges, including limited site availability and stringent regulatory requirements that add unique construction costs," said Tryder. "NRP’s deep expertise, national scale and ability to operate as both a developer and builder allows us to anticipate these complexities and deliver efficient, cost-effective solutions that set us apart. I’m excited to take on this new role and help drive the continued growth of NRP’s third-party construction business."

For years, The NRP Group’s third-party construction arm has partnered with leading firms such as Amazon Housing Equity, Inland Realty Group, Provident Realty Advisors, AIG Global Real Estate, Goldman Sachs and Urban Atlantic to deliver apartment homes in major metropolitan areas throughout the country. As it expands, the firm is leveraging technology to streamline operations and provide efficient and sustainable solutions. The firm’s commitment to green building has earned certifications for more than 16,000 apartment units from LEED, Enterprise Green Community and National Green Building Standards.

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 62,000 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 has been consistently named a largest developer and builder in the U.S. on the NMHC “Top 50” lists, the Top 5 on the Multi-Housing News’ “Top Multifamily Developers” list, named a Top Affordable Housing Developer by Affordable Housing Finance, and has won three NAHB Pillar awards since 2020 for Development, Construction and Ones to Watch. 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 over 30 years of experience and expertise, NRP provides construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com.

Matt Tryder (PC: The NRP Group)

Matt Tryder (PC: The NRP Group)

Noah Soven (PC: The NRP Group)

Noah Soven (PC: The NRP Group)

Kevin Glenn (PC: The NRP Group)

Kevin Glenn (PC: The NRP Group)

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Conviction of South Korean opposition leader is overturned

2025-03-26 18:49 Last Updated At:19:00

SEOUL, South Korea (AP) — An appeals court in South Korea overturned an election law conviction against opposition leader Lee Jae-myung Wednesday, potentially clearing the way for him to mount a presidential campaign.

The courtroom victory comes as the country's impeached President Yoon Suk Yeol could face an early exit due to his short-lived imposition of martial law and surveys show Lee, leader of the main liberal opposition Democratic Party who narrowly lost the 2022 election to Yoon, is the early favorite to replace him.

Yoon, a conservative, has been suspended from office since the liberal opposition-controlled National Assembly impeached him over his Dec. 3 martial law decree plunged the country into political turmoil. The Constitutional Court is deliberating on whether to formally dismiss or reinstate him. If he's removed, there will be an election to replace him within two months.

On Wednesday, the Seoul High Court overturned Lee's conviction for making false statements during his 2022 presidential campaign, canceling his suspended sentence of a year in prison. Lee still faces four other criminal trials, none of which are likely to be resolved soon.

Lee was convicted by the Seoul Central District Court in November of making false statements about a controversial land development project launched when he was a city mayor, and about his relationships with a subordinate who killed himself after being embroiled in a scandal surrounding another development project.

Under South Korean law, anyone who receives a fine exceeding 1 million won ($683) for election law violations is barred from running for elections for five years, and anyone who receives a prison sentence, including suspended sentences, cannot run for 10 years.

Lee might be able to become president despite his conviction in lower-level courts, as the prohibition does not go into force until all appeals are exhausted and as president he would have immunity from most criminal prosecution. Still, observers say that if the appellate court had upheld his conviction it could have posed a significant political challenge.

After the ruling, Lee appeared outside the court and thanked the court for making “a right ruling based on truth and justices” as his supporters shouted his name. Lee accused the Yoon government and state prosecutors of having fabricated evidence against him.

The court said that prosecutors have seven days to appeal Wednesday’s verdict to the Supreme Court, the top court in South Korea.

Yoon's ruling People Power Party expressed strong regret over Wednesday's ruling, saying the Supreme Court must rule quickly on an appeal.

Police officers stand guard as demonstrators stage a rally demanding the arrest of South Korea's main opposition Democratic Party leader Lee Jae-myung near the Seoul High Court in Seoul, South Korea, Wednesday, March 26, 2025. (AP Photo/Lee Jin-man)

Police officers stand guard as demonstrators stage a rally demanding the arrest of South Korea's main opposition Democratic Party leader Lee Jae-myung near the Seoul High Court in Seoul, South Korea, Wednesday, March 26, 2025. (AP Photo/Lee Jin-man)

Demonstrators stage a rally demanding the arrest of South Korea's main opposition Democratic Party leader Lee Jae-myung near the Seoul High Court in Seoul, South Korea, Wednesday, March 26, 2025. The letters read, "Immediately arrest Lee Jae-myung." (AP Photo/Lee Jin-man)

Demonstrators stage a rally demanding the arrest of South Korea's main opposition Democratic Party leader Lee Jae-myung near the Seoul High Court in Seoul, South Korea, Wednesday, March 26, 2025. The letters read, "Immediately arrest Lee Jae-myung." (AP Photo/Lee Jin-man)

Demonstrators stage a rally demanding the arrest of South Korea's main opposition Democratic Party leader Lee Jae-myung near the Seoul High Court in Seoul, South Korea, Wednesday, March 26, 2025. The letters read, "Immediately arrest Lee Jae-myung." (AP Photo/Lee Jin-man)

Demonstrators stage a rally demanding the arrest of South Korea's main opposition Democratic Party leader Lee Jae-myung near the Seoul High Court in Seoul, South Korea, Wednesday, March 26, 2025. The letters read, "Immediately arrest Lee Jae-myung." (AP Photo/Lee Jin-man)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, second right in front, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, second right in front, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

Lee Jae-myung, center, leader of South Korea's main opposition Democratic Party, arrives at a court in Seoul, South Korea, March 26, 2025. (Kim Hong-Ji/Pool Photo via AP)

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