About Ninety9 Capital
Ninety9 Capital is a Dallas-Fort Worth-based multi-family real estate investment firm. We acquire, operate, and grow a portfolio of value-add and stabilized multi-family assets across the Sun Belt, with a focused expansion plan into Houston, Atlanta, and other target metros through 2027. We recently closed our second multi-family property (Apex, 152 units in Fort Worth) and operate a portfolio of over 210 single-family rentals alongside our MF holdings.
We are a small, fast-moving team. Direct CEO access. Real influence on deal strategy. No layers between you and the work that matters.
The Role
You will lead acquisitions underwriting for the firm. You will also mentor and develop two junior financial analysts (one in-office, one remote on US hours) and help rebuild and simplify the firm's existing multi-family underwriting model into a tool the team can fully own and defend.
Day-to-day responsibilities:
- Underwrite live multi-family deals across our three deal types: stabilized acquisitions, distressed/bridge-to-refi, and loan assumptions.
- Lead the rebuild of our existing underwriting model alongside the analyst team.
- Review every model before it reaches the CEO. Mentor analysts on underwriting craft.
- Write investment memos and present deals to the CEO and (where appropriate) investors.
- Provide judgment on debt structures, exit assumptions, market comps, and submarket dynamics.
- Help scale the underwriting function as we expand into new metros through 2027.
What We're Looking For
- 10+ years of multi-family acquisitions experience at a sponsor, fund, or institutional shop.
- Deep proficiency in MF underwriting: waterfall structures, IRR/AAR, debt sizing, exit assumptions, sensitivity analysis.
- Experience modeling distressed/bridge-to-refi deals specifically — including post-refi cash-back-to-investor structures.
- Texas market knowledge strongly preferred. DFW exposure a major plus.
- Demonstrated ability to mentor and develop junior talent. This is a teaching role as much as a doing role.
- Advanced Excel. Familiarity with Yardi MMG, CoStar, ARGUS a plus.
- Bachelor's degree required. MBA/CFA a plus, not required.
- Authorized to work in the United States.
What We Offer
- Base Salary
- Per-deal bonus of $5,000–$10,000 on each closed multi-family acquisition you substantively underwrite.
- Health benefits.
- In-office collaborative environment in Plano, TX.
- Direct CEO access and meaningful influence on deal strategy and firm direction.
- Growth opportunity as the firm expands across multiple metros through 2027.
Pay: $73,413.45 - $88,411.90 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Work Location: In person
