(Re)development

(Re)think what’s possible in multifamily renovation.

CRG Residential’s holistic approach to (re)development will surprise you in all the best ways. Flexible for your particular scope, our teams can deliver large-scale renovations on high-velocity timelines. It’s a new way to look at upgrading your residents’ experience, without having to endure vacancy or loss of rents in the process.

About RAPID

CRG + RAPID = ROI

CRG RAPID is a one-of-a-kind multifamily renovation program, built to help you realize faster rent gains in high rent growth markets, hit your stabilization and proforma income goals sooner, and meet HUD and tax credit requirements with ease.

Our Approach

CRG’s collaborative approach to multifamily renovations is to act as a member of your team, not just a third-party contractor. You’ll always be aware of the scope and progress of your project, and you can even leverage CRG’s buying power to reduce material costs.

Interior Services

The RAPID program can be modified to fit a variety of scopes. From Class A to Class C, garden to high rise, occupied or unoccupied, let RAPID help you reach your goals sooner.

1 Day

$12,000-$23,000 per unit investment
Completing 3-6 occupied units per day

  • Cabinets/Vanities

  • Quartz Countertops

  • Selective Flooring

  • Appliances

  • Lighting

  • Fixtures

  • Light Floorplan Modifications

  • Tub Surrounds

  • Full Paint

  • Washer & Dryer Connection Installation

  • HVAC Efficiency Upgrade

  • $12,000-$23,000 per unit investment
    Completing 3-6 occupied units per day

  • Cabinets/Vanities

  • Quartz Countertops

  • Selective Flooring

  • Appliances

  • Lighting

  • Fixtures

  • Light Floorplan Modifications

  • Tub Surrounds

  • Full Paint

  • Washer & Dryer Connection Installation

  • HVAC Efficiency Upgrade

  • 2 Day

    $21,000–$35,000 per unit investment
    Completing 3-6 occupied units per day

  • Cabinets/Vanities

  • Quartz Countertops

  • Selective Flooring

  • Appliances

  • Lighting

  • Fixtures

  • Light Floorplan Modifications

  • Tub Surrounds

  • Full Paint

  • Washer & Dryer Connection Installation

  • HVAC Efficiency Upgrade

  • $21,000–$35,000 per unit investment
    Completing 3-6 occupied units per day

  • Cabinets/Vanities

  • Quartz Countertops

  • Selective Flooring

  • Appliances

  • Lighting

  • Fixtures

  • Light Floorplan Modifications

  • Tub Surrounds

  • Full Paint

  • Washer & Dryer Connection Installation

  • HVAC Efficiency Upgrade

  • 3 Day

    $28,000–$45,000 per unit investment
    Completing 3-6 occupied units per day

  • Cabinets/Vanities

  • Quartz Countertops

  • Flooring

  • Appliances

  • Lighting

  • Fixtures

  • Moderate Floorplan Modifications

  • Tub Surrounds

  • Full Paint

  • Washer & Dryer Connection Installation

  • HVAC Efficiency Upgrade

  • $28,000–$45,000 per unit investment
    Completing 3-6 occupied units per day

  • Cabinets/Vanities

  • Quartz Countertops

  • Flooring

  • Appliances

  • Lighting

  • Fixtures

  • Moderate Floorplan Modifications

  • Tub Surrounds

  • Full Paint

  • Washer & Dryer Connection Installation

  • HVAC Efficiency Upgrade

  • Exterior Services

    CRG’s Exteriors division delivers a single-source solution for large-scale renovation, CAPex projects, and new construction installations. Our team of multifamily experts brings decades of experience, certified craftsmanship, and deep product knowledge to every exterior scope, ensuring the right application for each property’s unique needs.

    We understand that water is one of the most destructive forces your buildings will face. That’s why we take a proactive, performance-driven approach to waterproofing and exterior systems. From diagnostics and repairs to full replacements, our crews are trained to identify vulnerabilities and deliver long-term solutions that protect residents, enhance the property's look, and extend the life of your investment.

    What We Offer

    • Renovation Replacement/New Construction Installation

    • Project Control with Dedicated Project Managers

    • On-site Supervision by Seasoned Exterior Construction Experts

    • Exterior Evaluation and Maintenance

    • Exterior Evaluation Services and Maintenance Programs

    See the difference

    We’ve got the numbers.

    CRG RAPID reduces vacancy issues and lost rent, leverages material costs, and cuts construction costs by months and years. Generate first-year ROI and add millions to your property’s market value with CRG RAPID.

     

    CRG RAPID
Renovation

    360 Units

    3 units/day

    Duration: 6 months

    Average Rent Increase After 1 Year

    $175/year

    NOI Increase

    $756,000

    ROI Increase

    12%

    Year 1 Value Creation

    $14.4MM

    Traditional
Renovation

    360 Units

    70 units/year

    Duration: 5+ years

    Average Rent Increase After 1 Year

    $175/year

    NOI Increase

    $147,000

    ROI Increase

    2%

    Year 1 Value Creation

    $2.8MM

    Testimonial

    A ten-year partnership in value-add apartment renovations

    We’ve partnered with CRG Residential for over 10 years on value-add apartment renovations and exterior improvements, and they have been an exceptional partner. From the beginning, we sought a contractor to pioneer rapid occupied interior renovations—a company that is reliable, organized, and aligned with our vision. CRG delivers meticulous planning, stays on budget, meets daily and project deadlines, and collaborates with our team to ensure seamless communication with residents. When challenges arise, they work with us in a true team environment to find solutions. Their professionalism and commitment to quality make them a trusted partner, and we highly recommend them.

    Carl Schirtzinger
    Principal, Zinger Property Group