Acquisitions AnalystAssociate
Washington, DC - 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 .
JOB DESCRIPTION SUMMARY
The Acquisitions Analyst/Associate will support the evaluation underwriting and execution of multifamily real estate acquisition opportunities in a newly created platform at NRP. This role will analyze potential investments conduct market research build financial models and assess the feasibility of new multifamily communities and existing assets. Working closely with Acquisitions Development Construction Property Management Asset Management and Capital Markets the analyst/associate will help identify attractive opportunities evaluate project risks and provide data-driven recommendations that support the companys growth strategy. The ideal candidate is analytical detail-oriented commercially minded and interested in building a career in multifamily real estate investment and development.
The Acquisitions Analyst/Associate will be the platforms first dedicated investment hire. The role sits at the center of deal flow: screening opportunities building institutional-quality underwriting and carrying deals from first look through investment committee and closing. This is a chance to help build a platform from day one and to work directly with senior leadership brokers and capital partners.
ESSENTIAL FUNCTIONS
Underwriting & Market Analysis:
- Build and maintain institutional quality financial models for prospective multifamily acquisitions and ground-up development opportunities including project cash flows development budgets operating assumptions financing and exit valuations.
- Review offering memorandums rent rolls T-12s and broker packages for stabilized value-add and recapitalization opportunities. Screen deals quickly against NRPs investment criteria and target submarkets and gives clear go/no-go recommendations.
- Evaluate project feasibility and investment returns using internal rate of return (IRR) equity multiple net present value capitalization rates net operating income and discounted cash flow analysis.
- Prepare sources and uses and perform sensitivity and scenario analyses to assess the effects of rents construction costs interest rates lease-up timing operating performance and market conditions.
- Research demographics employment rental demand supply pipelines comparable rents and sales concessions occupancy capitalization rates and competitive positioning; evaluate submarkets and potential development sites against company investment criteria.
Due Diligence & Transaction Execution
- Support the evaluation of existing multifamily assets development sites and related business plans.
- Keep the deal pipeline and tracking reports current including bid and pricing history and comparable trades.
- Review property financials title and survey materials zoning information environmental reports construction budgets project schedules and other due diligence documents; track milestones key assumptions and outstanding items.
- Coordinate with internal stakeholders brokers consultants lenders partners and other third-party professionals to gather and validate transaction information and prepare investment committee presentations acquisition memoranda and financial summaries.
- Collaborate with Development and Construction on costs schedules and feasibility; with Property and Asset Management on rents expenses stabilization and long-term performance; and with Capital Markets and Finance on debt equity and potential capital sources.
- Prepare ad hoc financial analyses market studies and reports for senior leadership and maintain accurate models market data and investment analyses for internal reporting.
- Identify opportunities to improve underwriting processes analytical tools and investment reporting and perform other duties as assigned.
SKILLS & ABILITIES
Education: Bachelors degree in Finance Economics Real Estate Accounting or a related field required.
Experience: Typically 25 years of experience in real estate acquisitions development investment analysis financial modeling investment banking capital markets or a related analytical role preferred. Multifamily commercial real estate underwriting or development experience is highly desirable.
Technical Skills: Strong proficiency in Microsoft Excel including cash flow modeling and sensitivity analysis and proficiency in Microsoft PowerPoint. Understanding of IRR equity multiple capitalization rates NOI and discounted cash flow analysis required. Familiarity with CoStar Yardi other underwriting software market research platforms or financial databases is preferred but not required.
Knowledge Skills & Abilities: Strong analytical quantitative problem-solving organizational and time-management skills. High attention to detail and commitment to accuracy. Ability to interpret financial information communicate complex findings clearly manage multiple projects and deadlines collaborate across departments and translate analysis into actionable insights. Intellectual curiosity sound business judgment and the ability to work independently while seeking guidance when appropriate.
WHAT SUCCESS LOOKS LIKE
- Accurate well-supported underwriting models and timely analysis of prospective acquisitions and development opportunities.
- Clear identification of investment risks opportunities and key financial sensitivities.
- Reliable market research and competitive analysis that strengthen investment recommendations.
- High-quality analyses and presentations delivered consistently to support the companys investment strategy.
- Effective collaboration across the acquisition and development lifecycle.
Work Environment: This is a hybrid role based out of Washington DC with flexibility to work remotely. Candidates must be willing to commute into the office at least 4 days per week. Occasional travel may be required for site visits market tours and meetings with brokers partners and other industry professionals.
JOB REQUIREMENTS
Travel: Occasional
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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.