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NRP Group

Market Analyst - Multifamily Real Estate

NRP Group, Cleveland, Ohio, us, 44101

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National Market Analysis - Multifamily Real Estate page is loaded National Market Analysis - Multifamily Real Estate Apply locations Cleveland, OH time type Full time posted on Posted Yesterday job requisition id R3019 Come join NRP’s A+ team! We’ve been recognized as a “Top Workplace” because we promote a culture where our team can build long-term careers and connections. As we grow as a company, our goal is that you will grow in your career. 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 www.NRPGroup.com . Position Summary Supports the Chief Strategy Officer in two core mandates: Deal/Site Evaluation & Revenue Underwriting Support — partner closely with Development to evaluate sites already selected by our developers, producing rigorous market studies that pressure-test unit mix, achievable rents/premiums, pricing ladders, absorption, and revenue growth factors used in underwriting.

Market Surveillance & Portfolio Monitoring — continuously monitor national multifamily trends and maintain NRP market dashboards to flag risks/opportunities and to inform forward-looking revenue assumptions across the portfolio.

The role blends hands-on analysis with clear executive communication, using large datasets from Yardi Matrix, CoStar, RealPage, and other sources to translate data into decisions. 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

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, RealPage; (property, submarket, pipeline).

Advanced Excel modeling

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, RealPage.

Personal Attributes

Clear, concise communicator with executive presence.

Highly detail-oriented; organized; comfortable in a fast-paced environment with multiple deadlines.

Curious, rigorous, and solutions-oriented.

Work Environment & Requirements

Hybrid; minimum four days/week in our Cleveland corporate office. Travel: 25-50%

The NRP Group is committed to a policy of assuring that all employees and applicants for employment are recruited, hired, assigned, placed, transferred, demoted, laid off, terminated, paid, trained, and generally treated during employment on the basis of qualifications and merit; without discrimination due tocolor, race, 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 classification or activity protected by federal, state, and local law and ordinances.

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