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Market Analyst - Real Estate
Job in
Cleveland, Cuyahoga County, Ohio, 44101, USA
Listed on 2026-06-04
Listing for:
NRP Group
Full Time
position Listed on 2026-06-04
Job specializations:
-
Business
Data Scientist
Job Description & How to Apply Below
NRP has been recognized with several industry awards including Top Workplaces;
Best and Brightest Companies to Work For; and National Apartment Association’s Best Places to Work.
We value our employees by offering a competitive benefit package including:
* Commission and bonus opportunities
* Paid vacation and sick leave
* 11 Paid holidays
* Paid maternity & parental bonding leave
* Short & long term disability
* Medical/Dental/Vision/Life Insurance
* 401(k) Match
* Training, certification, & growth opportunities
* Employee referral & recognition programs
Since its founding in 1994, NRP has been dedicated to building quality homes for our residents, regardless of income. The NRP Group is a full-service multifamily developer, general contractor, and property manager with assets and operations reaching an expanding range of markets nationwide. For additional information, please visit .
** Position Summary
** Supports the Chief Strategy Officer in two core mandates:
** Key Responsibilities**### Deal/Site Evaluation & Revenue Underwriting Support
* Build market study packages for developer-selected sites: submarket definition, demand drivers, household formation, income bands, rent-to-income tests, and affordability stress.
* Construct rent comp sets and lease-up absorption assumptions.
* Quantify and timeline competitive pipeline; run scenarios on deliveries, concessions, and absorption slowdowns.
* Review annual/quarterly revenue growth factors (market rent, concessions, economic occupancy, other income) and document rationale.
* Update underwriting input tabs to reflect approved assumptions.### Market Surveillance & Portfolio Monitoring
* Track supply within target markets and forecast absorption
* Track and explain variance between pro forma assumptions and observed market performance.### Data, Tools & Visualization
* Source, clean, and integrate large datasets from Yardi Matrix, CoStar, Real Page; (property, submarket, pipeline).
* Advanced Excel modeling### AI Tools, Agents & Automation (Copilot, Claude)
* Own hands-on setup, configuration, and ongoing maintenance of AI assistants/agents (Microsoft Copilot, Claude, and similar) to accelerate market research, comp collection, underwriting support, and executive-ready narrative drafting.
* Create and maintain repeatable prompt templates and structured workflows (inputs, assumptions, citations/traceability, and output formats) so analyses are consistent, auditable, and easy to refresh.
* Develop and maintain a library of reusable artifacts (prompt packs, checklists, standard tables/charts, and “definition of done” quality gates) for market studies, comps, and monthly market-watch reporting.
* Implement guardrails for responsible use (data sensitivity rules, hallucination checks, source verification, and version control of assumptions) and enforce validation standards before outputs are used in underwriting or executive materials.
* Deliver automation for high-friction tasks (data cleaning, consolidation, variance explanations, and dashboard commentary) using AI-assisted scripting and productivity tooling.### Cross-Functional Collaboration & Communication
* Partner with Development on weekly pipeline reviews; align market conclusions with site timelines.
* Coordinate with Acquisitions/Underwriting to ensure revenue inputs are current and well-supported.
* Support Capital Markets/IR with concise market narratives, benchmarks, and chart-ready outputs.
* Deliver executive-ready presentations with clear recommendations and risks.
** Qualifications**### Education
* Bachelor’s in Finance, Economics, Real Estate, or related field.### Experience
* 2–4 years in multifamily real estate market analysis; exposure to both market-rate and workforce segments.### Technical Skills
* Advanced Excel and financial modeling.
* Proficiency with PowerPoint.
* Experience with Yardi Matrix, CoStar, Real Page.
* Hands-on experience using AI tools and agentic workflows—specifically…
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