Investor Relations · Capital Raise 2025

A defensible $36.4M raise.
150 units. 42 months.

Florida proof-of-concept → captive modular factory → multi-state expansion. Every dollar is mapped to a phase, a deliverable, and a source.

Request the Full ModelSee the Capital Plan
Total Units
150
Hybrid LTR + STR
Total Capitalization
$36.4M
Base case
Equity @ 60% Debt
$14.6M
Sponsor / investor
Stabilized NOI
$2.79M
Year 5
Stabilized Property Value
$50.8M
5.5% cap rate
All-In Cost / Unit
$242.7K
Fully loaded

All figures reflect the Polk County, FL flagship (150 units). Future hubs are modeled separately — see the roadmap.

Capital Deployment

Four phases. One outcome.

Capital is released against milestone delivery — not on a calendar. Each phase de-risks the next.

01Months 0 – 6
$7.6M
Foundation

Land close · permitting · civil mobilization · factory tool-up

02Months 7 – 18
$12.4M
Ramp

Shells and pods enter production · STR amenities under construction

03Months 19 – 30
$10.0M
STR Loop Live

First 50 STR units operating · LTR loop 1 delivered · revenue begins

04Months 31 – 42
$6.3M
Stabilization

Final 75 LTR units delivered · stabilized NOI · factory pivots B2B

Use of Funds · $36.4M Base Case

Every dollar, accounted for.

No black-box "construction costs." Twelve discrete line items, each tied to a source document or vendor benchmark.

Factory Pod Fabrication
$13.50M
37.1%
Dome Shells
$7.20M
19.8%
Civil Infrastructure & Earthwork
$3.00M
8.2%
Contingency
$3.15M
8.6%
Soft Costs / Compliance
$2.11M
5.8%
Utility & Impact Fees
$1.78M
4.9%
Reserves
$1.75M
4.8%
Land Acquisition
$1.25M
3.4%
Amenities Core
$1.25M
3.4%
STR Furnishings
$0.50M
1.4%
Factory Setup
$0.48M
1.3%
Solar Grid & Carports
$0.45M
1.2%
5-Year Operating Ramp

Revenue starts Year 2. Stabilizes Year 5.

STR loop opens first to seed cash flow while LTR units are delivered in waves. Factory B2B revenue kicks in once captive demand is satisfied.

EGI $0.0M
Y1
NOI $0.00M
EGI $1.1M
Y2
NOI $0.74M
EGI $2.8M
Y3
NOI $1.81M
EGI $3.8M
Y4
NOI $2.47M
EGI $4.3M
Y5
NOI $2.80M
Property EGI Factory B2B NOI
Planning Rigor

Sourced. Certified. Sequenced.

The model is auditable line-by-line. Compliance is mapped per jurisdiction. Expansion is ranked, not aspirational.

Sources & Research

13 source documents

  • ·S1 · 150 Modular Units (CAPEX, phasing)
  • ·S2 · Modular Staffing (LTR/STR economics)
  • ·S3 · 5-Year Outlook (reserves, factory monetization)
  • ·S4 · B2B Modular Setup (factory valuation)
  • ·S5 · Modular Scale-Up (state expansion)
  • ·S6 · Monolithic Dome Research (factory plan)
  • ·Freddie Mac · U.S. housing shortage
  • ·McKinsey · modular construction productivity
  • ·FEMA P-361 · safe room design
  • ·ICC 500 · storm shelter standard
  • ·FL Dept. of Commerce · Manufactured Buildings
  • ·Texas TDLR · Industrialized Housing
  • ·BLS OEWS · wage benchmarks
Certification Roadmap

Compliance, mapped

  • ·Florida Manufactured Buildings Program
  • ·ICC 500 Storm Shelter compliance
  • ·FEMA P-361 Safe Room standard
  • ·Local AHJ permits per jurisdiction
  • ·OSHA / EHS factory compliance
  • ·Builders Risk · GL · E&O insurance stack
Expansion Order

After Polk stabilizes

Hub #2 only breaks ground after 24 months of 90%+ occupancy on the Polk County flagship. Full sequencing on the roadmap.

  1. 1TexasTDLR pathway · replicated factory hub
  2. 2South CarolinaCharleston coast · BFE elevation
  3. 3North CarolinaWilmington / OBX · wind package
  4. 4LouisianaMobile hub · flood adaptation
  5. 5AlabamaGulf hurricanes + tornadoes
  6. 6OklahomaEF4/EF5 tornado risk · local GC
  7. 7GeorgiaCoastal BFE + wind package
View Full Roadmap →
Sensitivity Range

Honestly framed. Conservatively underwritten.

Low Case
$29.4M
Tighter site, smaller factory
Base Case
$36.4M
150 units, 25 acres, Florida
High Case
$46.0M
200 units, premium amenities
Investor Inquiry

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We share the complete Excel model, source documents, and certification roadmap with qualified investors under NDA.

Held in confidence. Reviewed within 48 hours.