Ken Outcalt

Outcalt is the co-founder and Chair of the NRP Investment Committee (IC) charged with evaluating and prioritizing deals for the NRP Executive Committee (EC). In this capacity, he has collaborated with NRP’s head of capital markets to build an investment due diligence and deal assessment process that yields highly profitable results: Approximately 98% of projects endorsed by the IC are approved by the EC; an equally high percentage of approved projects receive funding, and more than 95% of all funded projects achieve or exceed their pro forma financial targets.

Over the past decade, Outcalt has presided over the development of affordable, workforce, and market rate properties that account for nearly 38,000 units and $8.8 billion in capital deployed. Market rate dispositions during this timeframe represent $3 billion. The NRP Group is consistently ranked in the Top 10 largest developers and builders in the U.S. by the National Multifamily Housing Council and by Affordable Housing Finance and has become the top multifamily developer in the U.S. that creates both affordable and market rate housing at national scale.