NOMAD Development, Inc.

Huge thanks to the new Raleigh Mayor Janet Cowell for visiting our first NOMAD Village site! This will be Raleigh’s first ‘tiny house’ cottage court, will be open to the general public, and it’s entirely privately funded (thanks to our amazing team, members and investors) Janet and I had a productive and insightful discussion on problem-solving in the housing space—covering affordability, ideas around potential regulatory solutions, alternative housing concepts and more. Also had the opportunity to share some ideas & observations from my experiences over the past decade experimenting in development, which I'll post in a separate post (for those of you interested in those kinds of discussions) Raleigh continues to be one of the best places in the world for young professionals, families, affordability and quality of life. Naturally, as is especially true in any attractive market, we’ve experience what most the rest of the world has—skyrocketing housing prices! That said, as a growing hub for smart, friendly people, forward-thinking leadership, top universities and a surprising number of Proptech startups, I’m confident we have everything it takes to solve the worlds largest economic issue right here NOMAD Development, Inc.

Recently returned from Patagonia (separate announcement soon) but working on something big for our next steps in the Triangle with NOMAD Development, Inc.! — with Hardik Raval Zach Milburn Santos Garcia Narai Balajonda

NOMAD 2025: In case you missed our recent email update! https://lnkd.in/dJ_t5Fv3 Highlights: ? New domain acquired: https://www.nomad.homes ? ASR approval for an additional 20 units in Raleigh? ? Fractional Co-Ownership pilot ? Manufacturing Pilot ('Build or Buy' with NOMAD) ? Earn $NOMAD towards a downpayment of a NOMAD home through rent + travel More updates to come this year, including new locations and our plans for our first for-sale development.

NOMAD 2025: In case you missed our recent email update! https://lnkd.in/dJ_t5Fv3 Highlights: ? New domain acquired: https://www.nomad.homes ? ASR approval for an additional 20 units in Raleigh? ? Fractional Co-Ownership pilot ? Manufacturing Pilot ('Build or Buy' with NOMAD) ? Earn $NOMAD towards a downpayment of a NOMAD home through rent + travel More updates to come this year, including new locations and our plans for our first for-sale development.

Housing has officially become the #1 concern amongst younger generations. Yet, incredibly few startups are actually *building* in the space. We understand why (it's hard!) but it's quickly becoming our generation's most important challenge. Name some startups (<5 years old) building housing. Bonus points if they have something already built! (Photo from Raleigh Village #1)

It takes a village to build a village! We had a blast at our second village groundbreaking on the beautiful island of Roatán (direct flights from Miami, Houston, Denver and more). Once complete, our members will be able to move here from the NOMAD Development, Inc. Raleigh village (and back) at any time, on the same lease. As we add more locations, the option to move to and from various furnished locations with consistent lodging & amenities will remain! HUGE thanks to many of our community members, investors and our team for making the trip (though as you can see, wasn't too rough ??) Also want to extend my thanks to Próspera and Erick A. Brimen for hosting us, partnering with us, and taking the time to talk with our members about unleashing human potential through private investment and innovation. Was also great connecting with the Vitalia.city community (under the dome!) Lastly, thanks to one of our members Annie Bovitz for volunteering to take and put together such epic footage. You can find her at Bovara Studios Hardik Raval Lauren Walsh Lucia Le Sandrine Zavani Walter Cole Francisca Belamendia Abril Pollak Reyna Michelle Eric Mikus Geoff Milburn Sunny Su ??Emery (Emmy) Earnhardt Mike Young ?? ? ?? LION James (Jim) Anthony James I. Anthony III Ryan A Bush Scott Sorensen Spencer Ryan Gwilherm "G" Lebigot Jeremiah Grant and many more

It was really cool partnering with Unsplash+ for this mixed reality photoshoot in one of our units. I've used Unsplash for years, feels crazy to see our product on it! Building the future at NOMAD Development, Inc. ??

Housing has officially become the #1 concern amongst younger generations. Yet, incredibly few startups are actually *building* in the space. We understand why (it's hard!) but it's quickly becoming our generation's most important challenge. Name some startups (<5 years old) building housing. Bonus points if they have something already built! (Photo from Raleigh Village #1)

In case you missed it, we’ve added Hardik Raval to the NOMAD team as Chief Development Officer. Hardik is an experienced developer, real estate investor, and franchise operator / founder. He has purchased, entitled, and developed hundreds of acres worth of real estate within NC, selling to some of the largest home building companies in America. Hardik’s expertise will be an incredible asset for us at NOMAD, especially as we scale to various locations around the world! We’re honored to have him onboard. Welcome to the team, Hardik.