Market Analyst - Real Estate

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
• 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.

Requirements

• Education
• Bachelor's in Finance, Economics, Real Estate, or related field.
• 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.
• Hands-on ex

Benefits

Additional Information

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, leveraging large datasets (Yardi Matrix, CoStar, RealPage, and other sources) and required AI-enabled workflows to translate data into decisions.

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