Market Analyst - Real Estate

About the Company

NRP is a full‑service multifamily developer, general contractor, and property manager with assets across the United States.

Supports the Chief Strategy Officer in two core mandates:
Deal/Site Evaluation & Revenue Underwriting Support and Market Surveillance & Portfolio Monitoring.

• 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 and document rationale.
  • Update underwriting input tabs to reflect approved assumptions.
• Market Surveillance & Portfolio Monitoring
  • Maintain a national market watch: rents, occupancy, absorption, supply risk, and macro indicators.
  • Publish monthly highlights and early‑warning flags.
  • 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 and Real Page.
  • Own setup and maintenance of AI assistants/agents (Microsoft Copilot, Claude). Create repeatable prompt templates and structured workflows.
  • Develop and maintain a library of reusable artifacts for market studies, comps, and monthly market‑watch reporting.
  • Implement guardrails for responsible use, including data‑sensitivity rules, hallucination checks, source verification, and version control of assumptions.
  • Deliver automation for high‑friction tasks 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.
  • Support Capital Markets/IR with concise market narratives, benchmarks, and chart‑ready outputs.
  • Deliver executive‑ready presentations with clear recommendations and risks.

• 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 with AI tools and agentic workflows—Microsoft Copilot and Claude or equivalent—including agent setup, prompt design, and rigorous QA/validation.
• Personal Attributes
  • Clear, concise communicator with executive presence.
  • Highly detail‑oriented, organized, and comfortable in a fast‑paced environment with multiple deadlines.
  • Curious, rigorous, and solutions‑oriented.

Hybrid; minimum four days per week in the Cleveland corporate office. Travel: 25–50%.

Salary range: $70,000–85,000 per year, depending on experience.

• 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

The NRP Group is committed to a policy of ensuring that all employees and applicants for employment are hired, trained, and promoted on the basis of qualifications and merit without discrimination. The policy applies to discrimination for race, color, religion, sex (including pregnancy or marital status), sexual orientation, gender identity and expression, age, national origin, ancestry, veteran status, military status, disability, genetic information, citizenship or any other protected classification.