Market Analyst Real Estate
Cleveland, TN - USA
Job Summary
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 .
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.
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
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
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.
Hands-on experience using AI tools and agentic workflowsspecifically Microsoft Copilot and Claude (or equivalent)including agent setup/maintenance prompt/workflow design and rigorous output QA/validation for research and repeatable analysis.
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%
This position offers a pay range of $/year depending on experience.
#LI-Hybrid
#DNI
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 discriminationdue 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.
Required Experience:
IC
About Company
Expert Real Estate Development & More | The NRP Group Learn how one of the largest multifamily developers, builders, and managers creates affordable and market-rate communities that improve people’s lives.