Acquisitions Analyst/Associate

The NRP Group LLC•Washington, DC

1d•Hybrid

About The Position

The Acquisitions Analyst/Associate supports the evaluation, underwriting, and execution of multifamily real estate acquisitions and ground-up development opportunities at NRP. As the platform’s first dedicated investment hire, this position helps manage deal flow from initial screening through investment committee review and closing, working directly with senior leadership, brokers, and capital partners. The role contributes to building the platform and supporting the company’s growth strategy through investment analysis and recommendations. The position builds financial models, conducts market research, evaluates feasibility and returns, reviews due diligence materials, and coordinates with teams across Acquisitions, Development, Construction, Property Management, Asset Management, Capital Markets, and Finance. The role is based in Washington, DC and is hybrid, with the employee expected to commute to the office at least four days per week. Occasional travel may be required for site visits, market tours, and meetings with industry professionals.

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.

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 financial models for multifamily acquisitions and ground-up development opportunities, including 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 against investment criteria and provide go/no-go recommendations.
Evaluate project 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 covering 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 investment criteria.
Support evaluation of existing multifamily assets, development sites, and related business plans.
Maintain deal pipeline and tracking reports, 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, assumptions, and outstanding items.
Coordinate with internal stakeholders, brokers, consultants, lenders, partners, and other third parties 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 capital sources.
Prepare ad hoc financial analyses, market studies, and reports for senior leadership; 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.