The NRP Group Welcomes Brett Gelsomino as Senior Vice President of Development
The NRP Group is delighted to announce the appointment of Brett Gelsomino as Senior Vice President of Development. With almost 20 years of experience in housing development and investment, Gelsomino will be instrumental in driving the firm’s market-rate development initiatives throughout the state.
Expanding Market Presence in Florida
Brett Gelsomino’s leadership is expected to propel The NRP Group’s efforts in one of the fastest growing regions in the country. His deep expertise in the field will be invaluable as he oversees all aspects of site selection, project entitlements, and development strategies for new residential communities.
“We are thrilled to welcome Brett to The NRP Group,” said Mike Zelenkofske, Executive Vice President of Development. “His proven track record will play a crucial role in our expansion efforts in Florida.”
A Strong Background in Housing Development
Prior to joining The NRP Group, Gelsomino contributed significantly to ZOM Development for 14 years, where he led their senior living division. He was responsible for the origination, capitalization, and construction of high-value luxury rental communities, amassing experience with projects valued at nearly $400 million.
Since 2007, Gelsomino has successfully developed over 2,500 multifamily and senior living units, illustrating a total investment exceeding $1 billion. His entrepreneurial spirit was further showcased in 2022 when he founded Gelsomino Holding, a special focus on multifamily projects, achieving significant milestones with nearly 900 units entitled and closed to date.
Commitment To Quality Communities
During his tenure, Gelsomino has cultivated an understanding of market trends and the growing expectations of renters today, positioning The NRP Group to develop communities that resonate deeply with the demands of modern living.
“Joining The NRP Group is an incredible opportunity,” Gelsomino stated. “The potential within Florida's housing market is enormous. With the company’s strong leadership and resources, we can address the urgent needs of our expanding population.”
Contributions Beyond Development
In addition to his role at The NRP Group, Gelsomino contributes to the industry through various thought leadership roles. He serves as Chairman of the Urban Land Institute’s Leadership Institute and is an active Executive Board Member of the Properties Committee at Boy Scouts of America, reflecting his commitment to community and industry development.
Academic Background
Gelsomino’s educational accomplishments include a Bachelor’s in Building Construction and a Master’s in Real Estate from the University of Florida. This academic foundation complements his practical experience in the field.
The NRP Group’s Portfolio Growth
The NRP Group has strategically developed a robust portfolio, comprising over 6,357 developed units across various markets in Florida. This growth underscores the company's commitment to providing quality housing solutions in a variety of communities.
About The NRP Group
The NRP Group is dedicated to developing, managing, and building multifamily housing that meets the diverse needs of individuals and families. Founded in 1994, the company has developed more than 60,000 apartment homes and currently manages around 30,000 residential units.
The company’s disciplined approach has resulted in impressive returns, underlining its reputation as a top developer. The NRP Group caters to developments across a spectrum of housing types, including market-rate, affordable, mixed-income, and senior housing, showcasing their versatility and commitment to quality.
Frequently Asked Questions
1. Who is Brett Gelsomino?
Brett Gelsomino is the newly appointed Senior Vice President of Development at The NRP Group, bringing nearly two decades of experience in housing development.
2. What will Brett Gelsomino's role involve?
Gelsomino will oversee market-rate development efforts, including site selection, entitlements, and strategic planning across Florida.
3. Why is The NRP Group expanding in Florida?
Florida's housing market is rapidly growing, and The NRP Group aims to capitalize on this growth by creating high-quality communities.
4. What is The NRP Group known for?
The NRP Group is recognized for its innovative approach in developing multifamily housing and its commitment to high standards of construction and community management.
5. How many units has The NRP Group developed?
The NRP Group has developed over 60,000 apartment homes since its inception, signifying its pivotal role in the multifamily housing sector.
