Watchung Capital

About Watchung Capital

Watchung Capital is a real estate operator headquartered in New York, NY. Watchung Capital operates in New York City, New York. Its investment focus is on Industrial, Multifamily - Ground-up and OpCo-PropCo.

Watchung Capital is a New York City–based real estate investment manager. Established in 2020, the firm operates with 6 years of industry experience. The company was founded by Managing Partner Tom Stults and leverages a collective team foundation built on more than 10 billion dollars in prior real estate investing experience. The firm's operations are deployed on a national scale, executing strategies across the United States. To optimize back-office efficiency and data reporting, the company utilizes outsourced, tech-enabled third-party fund administration partners rather than expanding internal staff headcount. The investment model focuses exclusively on yield-oriented real estate assets. Its primary market concentration spans 3 distinct sectors: residential properties (with an emphasis on for-rent assets), industrial real estate, and select niche sector opportunities. The firm integrates specialized PropTech investment strategies through a joint partnership with Zigg Capital. This collaboration allows the manager to acquire and deploy innovative operating concepts inside its properties to meet shifting modern demands for residential, commercial, and social spaces.

Principals at Watchung Capital