History
NRP, a limited liability partnership headquartered in Herndon, Virginia, is actually a merger of two companies with long histories in the commercial real estate and community association management industries. Our President, Jim Foley, completed the most recent merger/acquisition in March of 2008, which included the addition of our newest partner and CFO, Betsy Johns. Betsy's company, AMSi, opened its doors in 1981, with Betsy as its President. NRP still manages most of AMSi's original client base established during the1980's! NRP's client portfolio includes a mix of condominium style communities, Home Owner Associations and commercial (office and retail) properties.
Specialties
NRP's goal is to provide professional Condominium and Homeowner association management services - responsively, courteously, and efficiently. NRP does not manage individual homes or condominiums. Our goals include working directly with your Board of Directors to maintain and enhance your property's value through proactive management practices and sound financial management services. Currently, National Realty Partners (NRP) manages well over 100 residential communities and commercial properties - approximately 17,000 homes in Northern Virginia and Washington, DC. As of this writing, our clients break down into the following categories; 89% of our clients are contracted under our full service management agreement, of those; 55% are HOA and 45% are condominium associations. The remaining 11% have annual contracts with us for Financial Only Management with Consultative Services. Our managers' individual portfolio size average is less than 8 properties, with each portfolio including a mix of Condo and HOA associations. Our accounting team member to client ratio is less than one to nine, each are examples of NRP's standard operating metrics that far exceed current industry average. Our state of the art, cloud based, operating system ensures data integrity and transparency for all owners and Board Members and forced accountability for your management Team. All data transmitting to / from our operating system is encrypted.