ABOUT
Stocking Urban is known to build projects with a keen eye on design and finishes, setting the product apart from its competition.
Our Investment Strategy
Capitalizing on a Generational Supply Shortage: Stocking Urban acquires and develops value-add and new construction assets in Chicago’s high-growth Northside neighborhoods. Our thesis is simple: an acute housing shortage and historic barriers to homeownership have created a captive, growing pool of high-income renters, paving the way for sustained, long-term rent growth.
Chicago is a Rent Growth + Yield Story: Going in cap rates for our target acquisitions are typically 200 to 300 basis points higher than in crowded coastal markets, delivering superior risk-adjusted returns with drastically less competition. Chicago is currently beating the Sunbelt and coastal markets in rent growth, while simultaneously offering significantly higher going-in yields.
Design-Led Value Creation: Our strategic “edge” is our design-first approach. We deliver a premium product that commands top dollar rents in the market. This consistently translates to the bottom line, driving rents that outperform our own underwriting by 10% to 30% and beat market comparables by 5% to 20%.
Deployment & Scale: Stocking Urban is actively scaling with a future project pipeline of $100 Million over the next 12 months. To execute this pipeline, we are seeking aligned family offices, accredited individuals, and institutional partners looking to capture exceptional value in the urban infill multifamily sector.
PROJECT FOCUS:
Value-Add Residential, 12+ Units: $5M+
New Construction Residential, 20+ Units: $10M +
Distressed Loft Buildings/ Creative Office: $5M +
NEIGHBORHOOD FOCUS:
Avondale
Bucktown
Humboldt Park
Lakeview
Logan Square
West Town
Wicker Park
“The goal is to balance financial performance with great design, community needs, and sustainable practices. Everyone wins."
- Nicholas Stocking, founder and CEO
Meet The Team
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Nicholas Stocking
FOUNDER
Nick brings 25+ years of design and development experience to Stocking Urban, with a focus on acquisitions, design, and development.
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Drew Dillon
PARTNER
Drew is an accomplished real estate professional with over 12 years of extensive experience in both commercial brokerage and development.
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Rene Hertsberg
KEY INVESTOR
Rene brings over 12 years of real estate experience. His focus at Stocking Urban is on capital markets and scaling the organization.
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Dan Korybalski
KEY INVESTOR
Daniel Korybalski is a private equity/venture capital investment professional with over 10 years of experience executing direct and fund-of-funds buyout, growth equity and venture capital.