Erick Waller

Erick Waller joined The NRP Group in 2013 as Vice President of NRP Property Management and in 2016 was promoted to Principal of The NRP Group and President of NRP Property Management. Waller also serves on the NRP Investment Committee comprised of NRP functional leaders charged with the detailed evaluation, due diligence and prioritization of deals to be considered for advancement to the NRP Executive Committee. Waller and his team manage over 140 properties representing over 23,000 units of affordable and market rate communities in a portfolio valued at more than $1.6 billion.

Waller’s organization has executed over 60 highly successful lease-ups in the past five years including both market rate and affordable communities and has delivered consistently excellent performance within the stabilized portfolio as well. The lease-up speed, rent growth, and affordable housing compliance accuracy achieved by NRP Property Management are consistently in the top tier of multifamily performance nationwide.

At The NRP Group, Property Management provides input into initial product development and throughout the property lifecycle phases, and then “pulls the projects through” with excellent leasing results that often exceed proforma goals and enhance value creation. During Waller’s tenure, The NRP Group has been named the 2020 NMHC #6 Top Multifamily Builder in the U.S. and #7 Top Multifamily Developer, and Affordable Housing Finance has named The NRP Group #4 Top Affordable Housing Developer and #12 Top Owner in the U.S. The NRP Group is a three-time recipient of the National Association of Builders Multifamily (NAHB) Pillars of the Industry award for national “Development Firm of the Year,” and has become the top multifamily developer in the U.S. that creates both affordable and market rate housing at national scale.

Waller accomplishes standout results through a laser-like focus on what he calls the “three pillars of performance” – policy compliance, quality control and financial excellence. These pillars are anchored by a strategic plan focused on making NRP Property Management the most employee and resident-centric operators in the entire multifamily business. Waller is known for his engaging personality and vibrant leadership style, and for combining a keen focus on goal setting and operational details, a rich people-first culture and an intense commitment to walking-the-talk and fulfilling commitments.

In his community activities, Waller is an advisory board member of two top property management college programs, one at Ball State University and the other at the University of Wisconsin–Stout. He is also spearheading the creation of the Center for Property Management at Cleveland State University, jointly funded by a grant from The NRP Group and The Millennia Companies.

Before joining The NRP Group, Waller worked with Village Green for eight years where he assumed roles of increasing responsibility leading to his position as Regional Vice President. Waller holds a Bachelor of Science in business administration from The Ohio State University and resides with his wife and two young daughters in Bay Village, Ohio.