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CSU Announces $1.2 Million Gift for New Center for Property Management

Posted August 29, 2019 in Press Releases

The NRP Group and The Millennia Companies donation enhances real estate education

Cleveland State University will expand innovative education, research and experiential learning in real estate and property management thanks to a transformative gift provided by The NRP Group and The Millennia Companies®. The $1.2 million donation will create The NRP & Millennia Center for Property Management within CSU’s Monte Ahuja College of Business. The Center will house academic programs in property management and real estate, which will produce the future workforce and leaders that the evolving local and national industry requires.

“Cleveland State University is dedicated to providing local and national industry with the skilled workforce needed to further economic growth and business advancement,” says Harlan Sands, president of CSU. “This new center will create innovative degree programs in growing fields that will directly benefit businesses in Northeast Ohio and beyond. Thank you to The NRP Group and The Millennia Companies for partnering with us on this transformative initiative.”

“The creation of The NRP & Millennia Center for Property Management is an example of the types of public-private partnerships that can help grow this region,” notes Frank G. Jackson, mayor of the City of Cleveland. “I commend all of the parties for their commitment to quality education, experiential learning and community engagement.”

“We continually seek out A+ players for our property management team and throughout our company, and the creation of The NRP & Millennia Center for Property Management will contribute significantly to developing that talent,” says J. David Heller, CEO of The NRP Group. “This program is particularly exciting because it allows us to work with Cleveland State University to advance the level of expertise in property management and to create a center of excellence for job growth and opportunity in Northeast Ohio and the broader region.”

CSU Announces $1.2 Million Gift for New Center for Property Management

Frank Sinito, CEO of Millennia, echoed these sentiments.The NRP & Millennia Center for Property Management will equip students with the skills necessary to excel in the industry; having earned a degree from CSU and engaged with student externs at Millennia, the opportunity to develop this program in partnership with my alma mater is a special honor,” says Frank T. Sinito, CEO of The Millennia Companies. “Furthermore, this initiative embodies Millennia’s commitment to investing in Cleveland and Clevelanders.”

The Center will include an applied research initiative and a robust internship program, both tailored to the needs of real estate and property management firms, as well as a scholarship program. The effort will further establish CSU as a regional hub for innovative education and scholarship in business administration, entrepreneurship and economic development.

“The Monte Ahuja College of Business has made tremendous strides over the last several years in expanding industry relevant research, community engagement and workforce training,” adds Dean Sanjay Putrevu. “I would like to personally thank The NRP Group and The Millennia Companies for their tremendous generosity which will assist us in taking our educational initiatives to the next level of excellence.”

About The NRP Group

The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing. Since its founding in 1994, NRP has delivered more than 35,000 apartment homes, and currently manages over 19,000 residential units. The NRP Group is headquartered in Cleveland in the Playhouse Square district.

About Millennia Companies®

The Millennia Companies® enrich the lives of those whom they serve throughout a diverse set of industries: property management, construction, capital, development, commercial space and hospitality. Millennia Housing Management, Ltd. consists of over 30,000 units in 278 communities across 26 states. The company is headquartered at Key Tower in downtown Cleveland.

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