CoStar Group

Multifamily Research Manager

CoStar Group$95K — $115K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree from an accredited university
  • 2+ years managing a team of 6 or more
  • 2+ years in a corporate environment, preferably in CRE
  • 1+ year experience with Microsoft Office
  • Proficiency in Microsoft Excel

Responsibilities

  • Lead a team of 10+ Multifamily Researchers for market coverage
  • Ensure timely and accurate information delivery
  • Conduct call evaluations and mentor research team
  • Develop team members through tailored individual development plans
  • Prepare quarterly improvement plans for data coverage and relationships
  • Research and ensure data quality from various information resources

Benefits

  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
  • Life, legal, and supplementary insurance
  • Virtual and in-person mental health counseling services
  • 401(K) plan with matching contributions
  • Employee stock purchase plan
  • Paid time off
  • Tuition reimbursement
Full Job Description
Multifamily Research Manager

Job Description

The Role

As a CoStar Multifamily Research Manager, you will be leading a team of Researchers who are responsible for reaching out to key decision makers representing and managing various multifamily properties across the country. CoStar Group's research contributes to an important segment of our economy, helping businesses attract future renters, plan future construction, and stay ahead in the market. Every day our research is helping our clients make informed investment decisions. Because of the impact our research has on the economy, CoStar Group's benefits and salaries lead the industry.

Responsibilities
  • Lead a team of 10 plus Multifamily Researchers dedicated to delivering comprehensive market coverage of accurate and complete information to CoStar clients
  • Ensure continuous delivery of timely, comprehensive, and accurate information whilst providing CoStar clients with the highest standard of customer service
  • Conduct regular call evaluations, training, and mentoring sessions with your team. Coaching and guiding your team to produce meaningful telephone interactions consisting of effective questioning, listening, probing, and sharing of information
  • Coach, mentor, and develop team members through individual development plans tailored to skills, competency, and career development that results in a center of excellence
  • Prepare quarterly plans outlining planned improvements in data coverage/depth, relationships, and talent management initiatives
  • Investigate information resources of the assigned work to ensure all data sources are researched; information is captured, inputted, and published in a timely manner and to the highest quality standards


Basic Qualifications

We expect external applicants to have the following education/experience combination:
  • Bachelors' degree completed from an accredited, not for profit, in-person university or college
  • 2+ years of experience managing a team of 6 or more individuals
  • 2+ years of experience in a professional, corporate environment. Preferably within CRE, Multifamily Management, or another related field.


We expect internal applicants to have the following education/experience combination:
  • Bachelors' degree required coupled with 2+ years Commercial Real Estate experience
  • 1+ year of Microsoft Office experience
  • Microsoft Excel experience is required
  • Flexibility to work shifts aligned with ET, CT, MT, or PT time zones


Preferred Qualifications
  • Demonstrated interest and/or experience in the commercial real estate industry
  • Experience with creating effective KPIs and meeting performance metrics, being results-oriented
  • Leadership and management skills, including the ability to prioritize and control workload of a team, coaching, and mentoring on professional development
  • Ability to work as part of a team
  • Success in building strong, cohesive teams by leading and motivating towards action/execution through influence and collaboration
  • Ability to articulate and execute corporate strategy, well-communicated with the ability to influence
  • Experience and demonstrated proficiency with Excel that includes the ability to manipulate data, filter, and develop basic formulas. We give all qualified candidates an assessment to determine their knowledge of Microsoft Excel
  • Creative problem solving, attention to detail, objectivity, and the ability to think strategically
  • Analytical approach with the ability to interpret information and trends, adapting quickly
  • Ability to interact at all levels and establish rapport with both internal and external stakeholders


What's In It For You?

When you join CoStar Group, you will experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed.

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.

Our benefits package includes (but is not limited to):
  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug
  • Life, legal, and supplementary insurance
  • Virtual and in person mental health counseling services for individuals and family
  • 401(K) retirement plan with matching contributions
  • Employee stock purchase plan
  • Paid time off
  • Tuition reimbursement


The final salary offered for this role will 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: $95,000 - $115,000 annually

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

About CoStar Group

CoStar Group is a provider of information, analytics and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain. Founded in 1987 by Andrew C. Florance, the company has grown to include online database CoStar and many online marketplaces, including Apartments.com, LoopNet, Lands of America, and BizBuySell. CoStar Group was founded in 1987 by Andrew C. Florance in Washington, D.C. In 1998, the company became a public company via an initial public offering on the NASDAQ, raising $22.5 million. In 2004, CoStar Group, Inc. v. LoopNet, Inc. became a landmark case in copyright law. In October 2009, the company acquired a building in Washington, D.C., now its headquarters, from the Mortgage Bankers Association for $41.3 million. The building had sold 2 years earlier for $79 million and the company claims it used its analytics data to know the right time to buy. In April 2012, CoStar Group acquired LoopNet for $860 million. In April 2014, the company acquired Apartments.com for $585 million. In April 2015, the company acquired Apartment Finder for $170 million. In July, the company acquired Belbex an online marketplace and information provider for commercial property based in Spain. In February 2017, the company acquired Westside Rentals. In February 2018, the company acquired ForRent.com from Dominion Enterprises for $350 million in cash and $35 million in stock. In October, the company acquired Realla.co an online marketplace for commercial property based in the United Kingdom. In November, the company acquired Cozy Services for $68 million.
Learn more about CoStar Group
Size
4,742 employees
Market Cap
$31.3 billion
Industry
Net Income
$227.1 million
Founded
1987
5 Year Trend
+18.3%
Revenue
$1.6 billion
NASDAQ

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