Investment Associate

The NRP Group LLC; Cleveland (OH); Hybrid; USD 80,000 - 90,000; Full time

Benefits offered by this job

Commission opportunities

Paid vacation

Paid holidays

401(k) Match

Training and certification

Job summary

The NRP Group LLC in Cleveland, OH, is seeking an Investment Associate to join their Capital Markets team. This role involves critical financial evaluation, modeling, and underwriting of multifamily real estate investments.

The ideal candidate will have a Bachelor’s degree in Finance or related fields, with 1-3 years of relevant experience, strong analytical skills, and effective communication abilities. This hybrid role offers a salary range of $80,000-$90,000, dependent on experience.

Qualifications

• 1-3 years of experience in Capital Markets or Real Estate Finance preferred.
• Strong understanding of real estate finance required.
• Experience presenting to diverse audiences is essential.

Responsibilities

• Build and maintain financial models for internal analysis.
• Conduct market analysis to assess deal risks.
• Prepare offering memorandum materials for capital raising.

Skills

Financial modeling

Communication skills

Analytical skills

Attention to detail

Market analysis

Education

Bachelor’s degree in Finance, Economics, Real Estate, Accounting

Tools

Excel

InDesign

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:

• 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

NRP Group is a full-service multifamily developer, general contractor, and property manager with assets and operations reaching an expanding range of markets nationwide.

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 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.

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.