Acquisitions Analyst/Associate

NRP Group•Washington, DC

6d•Hybrid

About The Position

The Acquisitions Analyst/Associate supports the evaluation, underwriting, and execution of multifamily real estate acquisition opportunities in a newly created platform at NRP. The role analyzes potential investments, conducts market research, builds financial models, and assesses the feasibility of new multifamily communities and existing assets. Working with Acquisitions, Development, Construction, Property Management, Asset Management, and Capital Markets, this position helps identify opportunities, evaluate risks, and provide data-driven recommendations. It is the platform’s first dedicated investment hire and works across deal flow from initial screening through investment committee and closing, with exposure to senior leadership, brokers, and capital partners. The position is hybrid and based in Washington, DC. Candidates must be willing to commute to the office at least four days per week. Occasional travel may be required for site visits, market tours, and meetings with brokers, partners, and other industry professionals. NRP describes itself as a full-service multifamily developer, general contractor, and property manager, founded in 1994, with assets and operations in markets nationwide.

Requirements

Bachelor’s degree in Finance, Economics, Real Estate, Accounting, or a related field.
Strong proficiency in Microsoft Excel, including cash flow modeling and sensitivity analysis.
Proficiency in Microsoft PowerPoint.
Understanding of IRR, equity multiple, capitalization rates, NOI, and discounted cash flow analysis.
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 ability to work independently while seeking guidance when appropriate.
Willingness to commute to the Washington, DC office at least four days per week.
Availability for occasional travel for site visits, market tours, and industry meetings.

Nice To Haves

Typically 2–5 years of experience in real estate acquisitions, development, investment analysis, financial modeling, investment banking, capital markets, or a related analytical role is preferred.
Multifamily or commercial real estate underwriting or development experience is highly desirable.
Familiarity with CoStar, Yardi, other underwriting software, market research platforms, or financial databases.

Responsibilities

Build and maintain institutional-quality financial models for multifamily acquisitions and ground-up development, including project cash flows, 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 against NRP’s investment criteria and target submarkets, and provide go/no-go recommendations.
Evaluate feasibility and investment returns using IRR, equity multiple, NPV, capitalization rates, NOI, and discounted cash flow analysis.
Prepare sources and uses and conduct sensitivity and scenario analyses for 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; assess submarkets and development sites against company criteria.
Support evaluation of existing multifamily assets, development sites, and related business plans.
Maintain the deal pipeline and tracking reports, including bid and pricing history and comparable trades.
Review due diligence materials, including property financials, title and survey materials, zoning information, environmental reports, construction budgets, project schedules, and other transaction documents; track milestones, assumptions, and outstanding items.
Coordinate with internal stakeholders, brokers, consultants, lenders, partners, and other third parties to gather and validate transaction information.
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 performance; and with Capital Markets and Finance on debt, equity, and 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.