Job Description
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 [].
NRP Investments LLC is currently seeking an Investment Associate to join our
Capital Markets team in Cleveland, OH!
JOB DESCRIPTION SUMMARY
Under the direction of the Vice President of Capital Markets, the Investment
Associate will play a critical role in the financial evaluation, modeling, and
underwriting of multifamily real estate investments, as well as capitalization
of financing and project closings. The ideal candidate will have a strong
understanding of real estate finance, solid analytical skills, and excellent
communication skills with both internal and external parties.
ESSENTIAL FUNCTIONS
* Underwriting & Market Analysis:
* Build and maintain projects’ financial models to incorporate appropriate
development and operating assumptions for internal analysis with a strong
attention to detail.
* Underwrite, identify and quantify risks, costs, and value drivers while
providing recommendations on creative solutions.
* Perform sensitivity analysis and stress testing on deal terms to evaluate
their impact on the overall investment returns.
* Conduct thorough analysis of macroeconomic and local market conditions to
assess deal risks and opportunities.
* Work closely with internal teams, including development, construction, and
operations, to ensure alignment of strategies with overall investment
objectives.
* Strong written and verbal communication skills to work with NRP Group’s
Investment Committee for deal presentation and evaluation.
•
Capitalization & Financing:
* Prepare offering memorandum materials for capital raising to pitch NRP as a
platform and specific deals.
* Conduct site and market tours with potential capital partners.
* Participate in closing calls, document negotiation, and serve as the main
point of contact for debt and equity partners.
* Sales-oriented approach to developing materials and presenting deals. Team
player who can also work independently.
SKILLS & ABILITIES
* Education:
Bachelor’s degree in Finance, Economics, Real Estate, Accounting
required
* Experience: 1-3 years of experience in Capital Markets, Real Estate Finance,
Accounting, or a related field, with a focus on multifamily real estate being
preferred, or an advanced degree in a relevant field.
* Technical Skills:
Proficient in Excel, Financial Modeling, InDesign
experience preferred
* Personal Attributes:
Excellent communication skills with experience
presenting to a diverse audience. Detail oriented, highly adaptable and
motivated to thrive in a fast-paced environment.
* Work Environment: This is a hybrid role based out of our Cleveland corporate
office with flexibility to work remotely. Candidates must be willing to
commute into the office at least 3-4 days/week.
JOB REQUIREMENTS
* Travel: Minor
* Other Requirements:
Completion of an excel-based modeling test with a
passing grade.
This position offers a salary range from $80k to $90k, 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 discrimination due
to color, 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.
Job Tags
Temporary work, For contractors, Work at office, Local area, Remote work, 3 days per week