Senior Product Manager, CoStar Multifamily

CoStar Realty Information, Inc.; Richmond (VA); On-site; USD 107,000 - 181,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(K) with matching

Employee stock purchase plan

Paid time off

Tuition reimbursement

On-site fitness center

Job summary

CoStar Group is seeking a Senior Product Manager for Multifamily in Richmond, VA. You will shape the roadmap, drive analytics-enabled features, and collaborate across Engineering, Design, Data Operations, Sales, and Marketing to deliver value for multifamily customers.

You will own the vision, manage MVPs, and ensure data quality and telemetry support for decision-making. This role is office-based in Richmond, Monday–Friday, with a focus on cross-functional execution and market impact.

Qualifications

• Bachelor’s degree from an accredited, not-for-profit University or College.
• 5+ years in product management (or platform/data product roles) delivering B2B software.
• 3+ years of multifamily commercial real estate experience (owner/operator, REIT, PMC, lender, brokerage, or vendor).
• Familiarity with product management tools (backlog, road mapping, design/prototyping, analytics/telemetry).
• Excellent written and verbal communication, with ability to write PRDs and user stories.

Responsibilities

• Own the vision and multi-quarter roadmap for multifamily use cases and workflows.
• Identify whitespace opportunities; define MVP, scale path, and outcomes for new capabilities.
• Run continuous discovery with onsite teams and translate insights into user stories and acceptance criteria.
• Collaborate to integrate more multifamily data and present it through analytics and workflows.
• Drive agile execution: backlog, sprint goals, cross-team dependencies, and release planning.

Skills

Product management

Multifamily CRE

Communication

PM tools

Agile backlog

Education

Bachelor’s degree

Tools

Backlog tools

Prototyping tools

Analytics/Telemetry

Job description

US-VA Richmond

Full time

R38422

Senior Product Manager, CoStar Multifamily

Job Description

CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

What We Are Looking For:

We’re looking for a tech-savvy Product Manager with deep multifamily experience to expand our multifamily product areas. You will shape a roadmap that advances our offering for multifamily customers—from corporate M&A and development teams to property management teams— delivery high value features, analytics and workflows for their operational and strategic needs. You’ll collaborate across Engineering, Research, Design, Data Operations, Sales, and Marketing to turn market gaps into scalable features that drive measurable adoption and value.

This position is located in Richmond, VA and is in office Monday through Friday.

RESPONSIBILITIES:

Product Strategy & Market Development

• Own the vision and multi-quarter roadmap for multifamily use cases, and workflows (property/asset management, marketing operations and owners/operators.

• Identify and validate “whitespace” opportunities; define the MVP, scale path, and customer outcomes for each new capability.

Discovery with Users

• Run continuous discovery with onsite teams to understand pain points across and translate insights into clear user stories and acceptance criteria.

• Partner with Research and Sales to recruit representative users (PMCs, REITs, owner/operators) and test prototypes rapidly.

Data Rich Feature Delivery

• Collaborate with relevantteams to integrate more multifamily data and present it through intuitive analytics and workflow tools.

• Specify data contracts, quality thresholds, and telemetry needed to ensure reliable, decision grade outputs .

Execution & Go-to-Market

• Drive agile execution: backlog, sprint goals, cross team dependencies, and release planning.

• Launch features with crisp enablement—release notes, training, demos—measured against activation, adoption, and retention KPIs

BASIC REQUIREMENTS:

• Bachelor’s degree from an accredited, not-for-profit University or College.

• 5+ years in product management (or platform/data product roles) delivering B2B software.

• 3+ years of multifamily commercial real estate experience (owner/operator, REIT, PMC, lender, brokerage, or vendor).

• Demonstrated familiarity with product management tools(e.g., backlog and road mapping tools, design/prototyping, analytics/telemetry) and the ability to work handson with Engineering and Design.

• Excellent communication—able to write crisp PRDs, user stories, and release notes; skilled at stakeholder alignment.

• A track record of commitment to prior employers.

PREFERRED QUALIFICATIONS:

• Understanding of multifamily KPIs and portfolio/ownership context across personas (owners, investors, developers).

• Experience linking onsite workflows to data solutions (pricing, marketing performance, pipeline/comp sets, service levels) and delivering intuitive “frontline ready” UX.

• Comfort with data concepts (event streams/APIs, data quality/lineage, basic SQL) and experimentation (A/B tests, feature flags).

• Background partnering with Sales/Customer Success to drive adoption and feedback loops for continuous improvement.

WHAT’S IN IT FOR YOU:

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines.

In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement.

Our benefits package includes (but is not limited to):

• Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

• Life, legal, and supplementary insurance

• Commuter and parking benefits

• 401(K) retirement plan with matching contributions

• Employee stock purchase plan

• Paid time off

• Tuition reimbursement

• On-site fitness center and/or reimbursed fitness center membership costs (location dependent)

• Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar is not able to provide visa sponsorship for this position.

The final salary or hourly rate offered for this role with fall within the range set forth below based on a variety of factors, including but not limited to, geographic location, skills, and competencies.

Base Compensation: $107,000.00-$181,000.00 Annually

#LI-CH1

CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 37 years, giving us the perspective to create truly unique and valuable products and services. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry and for our customers. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

CoStar Group is committed to creating a diverse environment and is proud to be an equal opportunity workplace and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. CoStar Group is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.costargroup.com/careers as a result of your disability. You can request reasonable accommodations by sending an email to [e-mail] .