About

Founded by leaders of the Niederst Family Office and Nvision Development Management Services, our team offers investors decades of multifamily development, investment and management expertise. We have overseen the development of $2 billion in assets, managed 15,000 units, and raised $400 million in direct investment capital over the past 27 years.

Rooted in Family History

Originally finding success as The Niederst Family Office in Northeast Ohio and Michigan, we acquired Class C deferred maintenance, value-add properties from 2003 to 2015, managing more than 10,000 multifamily units at our peak. We zeroed in on Florida as an opportunity for expansion due to changing population trends, pivoting to Class A new construction to capitalize on favorable land and construction costs. Since 2015, we’ve completed five projects, dwarfing returns on our early value-add successes, and we currently have multiple projects under development.

Multifamily Investment Strategy

Nied Capital’s multifamily investment strategy leverages our track record of solid returns through an industry-leading, vertically integrated development approach leveraging our team members from Nvision Development Services, WPC Ventures, Nvision Construction and NM Residential. In order to succeed, we gain key insights, input and buy-in from all stakeholders, developing a plan that makes sense. From idea to completion, we ensure each project is consistent and accepted by the local community, creating a place people want to live and visit.

Nied Capital’s investments focus on ground equity, bridge debt and replacement financing into cash-flowing assets, projects under development and projects in planning phase. Our management team believes we will deliver in excess of 12% net IRR to investors.

Investor, Owner, Operator

Collectively, Nied Capital’s management team has developed close to $2 billion in projects, managed more than 15,000 units and put over $525 million of debt and equity on projects worth more than $735 million, creating $200 million in value in five years.

Asset Management

Nied Capital’s leadership extends into the development and property management companies, where they lead their respective teams to develop strategic plans throughout the asset lifecycle, maximizing investor returns. 

Fund Management

Working with best-in-class fund administrators, the management team structures deals in strong, recurring cash flowing properties, as well as new developments, generating risk-adjusted returns for investors.

Investment Management Team

Michael Niederst

Michael Niederst

Managing Partner, Nied Capital
CEO, NM Residential
Partner and COO, Nvision Development

Michael has been in the multifamily management industry since 2003 and has acquired, owned, repositioned and operated family assets including more than 15,000 units in Ohio, Michigan and Florida. In 2015, he moved to Florida and ventured into new development.  As of June 2020, he has successfully put debt and equity funding (commitments and closing) over $525 million for 12 current and completed projects, that have a current value of over $725 million, creating $200 million in value in over five years.

Ian McCook

Ian McCook

Managing Partner, Nied Capital
President, Nvision Development

Ian has over 30 years of experience in the development industry and has overseen the development of close to $2 billion in projects in Canada, China and the United States. Prior to founding Nvision in 2006, he was the Director of Development with Intrawest Placemaking for 10 years. He is a graduate of the Harvard University Advanced Management Development Program in Real Estate, has a Bachelor of Applied Science, Civil Engineering, from the University of British Columbia and is a Licensed Commercial Real Estate Broker and a Certified General Contractor. He is also a member of Vistage Florida.

David Babinski

David Babinski 

Managing Partner, Nied Capital
Co-Founder and Partner, Stonegate Development Company of Florida

David has 27 years of experience in investment advisory, deal strategy, due diligence and capital raising. He’s raised over $400 million in capital for direct investments and fixed investment strategies. He is also Co-Founder and Partner in Stonegate Development Company of Florida and has sponsored several projects, including assisted living and memory care facilities in Central Florida.

Michael Niederst

Michael Niederst

Managing Partner, Nied Capital
CEO, NM Residential
Partner and COO, Nvision Development

Michael has been in the multifamily management industry since 2003 and has acquired, owned, repositioned and operated family assets including more than 15,000 units in Ohio, Michigan and Florida. In 2015, he moved to Florida and ventured into new development.  As of June 2020, he has successfully put debt and equity funding (commitments and closing) over $525 million for 12 current and completed projects, that have a current value of over $725 million, creating $200 million in value in over five years.

Ian McCook

Ian McCook

Managing Partner, Nied Capital
President, Nvision Development

Ian has over 30 years of experience in the development industry and has overseen the development of close to $2 billion in projects in Canada, China and the United States. Prior to founding Nvision in 2006, he was the Director of Development with Intrawest Placemaking for 10 years. He is a graduate of the Harvard University Advanced Management Development Program in Real Estate, has a Bachelor of Applied Science, Civil Engineering, from the University of British Columbia and is a Licensed Commercial Real Estate Broker and a Certified General Contractor. He is also a member of Vistage Florida.

David Babinski

David Babinski 

Managing Partner, Nied Capital
Co-Founder and Partner, Stonegate Development Company of Florida

David has 27 years of experience in investment advisory, deal strategy, due diligence and capital raising. He’s raised over $400 million in capital for direct investments and fixed investment strategies. He is also Co-Founder and Partner in Stonegate Development Company of Florida and has sponsored several projects, including assisted living and memory care facilities in Central Florida.

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