Product Manager

Senior Product Manager, CoStar MultifamilyJob DescriptionCoStar 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 DevelopmentOwn the vision and multi-quarter roadmap for multifamily use cases, and workflows (property/asset management, marketing operations and owners/operators.Identify and validate "white space" opportunities; define the MVP, scale path, and customer outcomes for each new capability.Discovery with UsersRun 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 DeliveryCollaborate with relevant teams 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-MarketDrive 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 KPIsBasic 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 hands on 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 DrugLife, legal, and supplementary insuranceCommuter and parking benefits401(K) retirement plan with matching contributionsEmployee stock purchase planPaid time offTuition reimbursementOn-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 snacksWe 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