Logo
The NRP Group LLC

Market Analyst - Multifamily Real Estate

The NRP Group LLC, Cleveland, Ohio, us, 44101

Save Job

Join to apply for the

Market Analyst - Multifamily Real Estate

role at

The NRP Group LLC 1 week ago Be among the first 25 applicants Join to apply for the

Market Analyst - Multifamily Real Estate

role at

The NRP Group LLC Come join NRPs A+ team! Weve 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 Associations 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

Bachelors in Finance, Economics, Real Estate, or related field.

Experience

24 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 to color, 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.

Seniority level

Seniority level

Entry level Employment type

Employment type

Full-time Job function

Job function

Marketing and Sales Referrals increase your chances of interviewing at The NRP Group LLC by 2x Get notified about new Market Analyst jobs in

Cleveland, OH . Cleveland, OH $80,000.00-$85,000.00 17 hours ago Greater Cleveland $80,000.00-$85,000.00 2 weeks ago 2026 Business Analyst Development Program- Cleveland

Brooklyn, OH $10,000.00-$80,000.00 6 days ago Strongsville, OH $100,000.00-$120,000.00 3 days ago Brooklyn, OH $130,000.00-$140,000.00 1 day ago Cleveland, OH $82,500.00-$90,000.00 2 weeks ago Senior Business Analyst, Sourcing (HYBRID)

Greater Cleveland $85,000.00-$100,000.00 1 day ago Senior Business Analyst, Loan Origination System (LOS) - Hybrid/Corporate Campus (Cleveland, OH)

Lead Data & Business Analyst Enterprise Data Catalog

Brooklyn, OH $68,000.00-$103,000.00 1 month ago Business Analyst Senior - Human Resources Learning Application Management

Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr