Senior Product Manager, Owners & Funds

CoStar Group; Richmond (VA); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Comprehensive healthcare coverage

401(k) retirement plan with matching contributions

Paid time off

Tuition reimbursement

On-site fitness center

Job summary

CoStar Group is seeking a Senior Product Manager to lead the Owner Module product strategy. This role involves engaging with customers, defining roadmap themes, and delivering high-quality features across cross-functional teams.

The ideal candidate will have over 5 years of product management experience, strong collaboration skills, and a bachelor's degree. The position is located in Richmond, VA and offers comprehensive benefits including healthcare, retirement plans, and paid time off.

Qualifications

• 5+ years of product management experience, ideally in B2B SaaS or data products.
• Ability to work with large datasets and complex information architectures.
• Strong collaboration skills with technical teams.

Responsibilities

• Own and refine the product strategy for CoStar’s Owner Module.
• Define roadmap themes such as owner search improvements.
• Engage with customers to gather feedback and validate needs.

Skills

Product management

Collaboration

Communication

Data analysis

Customer discovery

Education

Bachelor’s degree

Job description

Senior Product Manager, Owners & Funds

CoStar Group is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. This role focuses on owning and evolving the CoStar Owner Module, a flagship product that brings together complex commercial real estate data into a unified experience for owners, investors, brokers, and lenders.

Location: Richmond, VA (in-office, Monday through Friday).

Responsibilities

• Own and continuously refine the product strategy for CoStar’s Owner Module, aligning with corporate priorities and customer needs across Investors, Owners/Developers, Brokers, and Lenders.
• Define and manage roadmap themes such as owner search improvements, expanded portfolio analytics, related companies and fund transparency, leadership/contact visibility, listings integration, transaction intelligence, requirements and international portfolio support.
• Monitor the competitive landscape and differentiate the Owner Module through depth, accuracy, and connectivity of data.
• Engage regularly with customers—owners, investors, brokers, lenders, and institutional stakeholders—to gather feedback, validate needs, and translate insights into product direction.
• Leverage usage analytics, Pendo guides, research insights, and customer feedback channels to guide prioritization.
• Partner with Sales to understand persona-specific use cases and pain points.
• Lead cross-functional teams (Engineering, Research, UX) to deliver high-quality features such as search filters, portfolio maps, disposition and acquisition analytics, tenant mix, related funds, and enhanced ownership hierarchy transparency.
• Define detailed product requirements, user stories, and acceptance criteria informed by the Owner Playbook and the needs of each persona.
• Collaborate with Research to ensure property-, transaction-, and ownership-level data is accurate, timely, and complete, including upcoming expansions (e.g., UK multifamily, international portfolio integration).
• Partner with Training, Sales, and Marketing to create and deliver product education—including decks, pitch hooks, FABs, discovery questions, and use cases.
• Support product launches including internal enablement, beta programs, and external client communications.
• Ensure sales teams have the right messaging to demonstrate value across personas (Owners, Investors, Brokers, Lenders) and articulate how the Owner Module addresses industry challenges.
• Track product performance using Pendo dashboards and usage data to identify adoption drivers and friction points.
• Measure outcomes based on customer value, revenue impact, retention, and product utilization.
• Iterate quickly based on feedback from clients, sales teams, and internal research teams.

Basic Requirements

• Bachelor’s degree from an accredited, not-for-profit university or college.
• 5+ years of product management experience, ideally in B2B SaaS, data products, analytics platforms, or CRE technology.
• Demonstrated ability to work with large datasets, data models, and complex information architectures.
• Strong collaboration skills and experience partnering with technical teams and research/data teams.
• Excellent communication skills with the ability to translate complex concepts into business value.
• Experience with customer discovery, persona-driven product design, and data-driven prioritization.
• Ability to manage competing priorities and drive clarity in ambiguous environments.
• A track record of commitment to prior employers.

Preferred Qualifications

• Deep familiarity with the commercial real estate ecosystem: owners, developers, investors, brokers, and lenders.
• Experience with property-level datasets, transaction data, public records, REIT structures, fund hierarchies, or CRE analytics platforms.
• Prior experience building search/filtering interfaces, portfolio analytics dashboards, or workflow tools.
• Experience supporting global product expansions and navigating country-specific data variations.

Benefits

• 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.

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