VP / SVP Investments -Texas Region (Chicago-Based, In-Person)

29th Street Capital is seeking a highly driven, entrepreneurial, and relationship-oriented Vice President or Senior Vice President of Acquisitions to lead the firm's investment activity across Texas. This role is defined by ownership of a region, with responsibility for sourcing, underwriting, negotiating, and executing multifamily investments while developing and maintaining long-term relationships with brokers, owners, lenders, and other market participants.

Responsibilities

• Serve as the primary acquisitions lead for Texas, with full responsibility for pipeline development and market coverage.
• Build and maintain deep relationships with brokers, owners, lenders, developers, and local operators to source both marketed and off-market investment opportunities.
• Develop proprietary deal flow through consistent market coverage, targeted outreach, and relationship cultivation.
• Maintain real-time market intelligence across Texas, including supply pipelines, rent trends, capital markets, demographic shifts, and transaction activity.
• Lead underwriting and review of detailed financial models and return analyses of multifamily investment opportunities.
• Evaluate operating performance, rent rolls, market assumptions, capital expenditure programs, and business plans to identify investment risks and value creation opportunities.
• Prepare investment memoranda and present opportunities to senior leadership and the Investment Committee with clear, well-supported recommendations.
• Structure and negotiate Letters of Intent, Purchase and Sale Agreements, and other transaction documentation in partnership with legal counsel.
• Lead due diligence and closing processes while coordinating internal departments, lenders, consultants, and third-party service providers.
• Partner closely with Asset Management to ensure underwriting assumptions translate into executable business plans following acquisition.
• Work alongside the Capital Markets team to develop financing strategies and support lender relationships throughout the acquisition process.
• Support investor communications as needed by preparing investment summaries, market commentary, and transaction materials for prospective and existing investment partners.
• Contribute to the continued refinement of 29th Street Capital's investment strategy through thoughtful market insight, competitive intelligence, and disciplined investment analysis.

Qualifications

• At least eight years of experience in multifamily acquisitions, real estate private equity, institutional real estate investment, investment banking, or a similarly rigorous investment role.
• Demonstrated track record of sourcing, negotiating, and executing multifamily acquisitions, preferably throughout Texas or broader Sun Belt markets.
• Established broker relationships throughout Texas and a demonstrated ability to generate proprietary and relationship-driven investment opportunities are strongly preferred.
• Advanced financial modeling skills with extensive experience underwriting institutional-quality multifamily investments.
• Strong understanding of multifamily operations, capital structures, debt financing, and investment performance metrics including NOI, IRR, equity multiples, and cash-on-cash returns.
• Experience negotiating Letters of Intent, Purchase and Sale Agreements, and transaction terms through closing.
• Bachelor's degree required. MBA, CFA, or other advanced professional credentials are welcomed but not required.

Skills

• Build trust and long-term relationships through professionalism, responsiveness, and credibility.
• Think independently and challenge assumptions when warranted.
• Operate with a high degree of ownership and accountability.
• Balance conviction with intellectual humility and are willing to change your perspective when presented with better information.
• Produce thoughtful, well-organized work with exceptional attention to detail.
• Thrive in a fast-paced, entrepreneurial environment where initiative, sound judgment, and execution are valued.

Pay

Base salary of $150,000 with participation in fees and carried interest.

Schedule

In-person, 5 days/week in Chicago, IL with frequent travel throughout Texas.