Wilmington Area Accredited Investors! Thanks for Your Submission!
EAGER TO WORK WITH OUR LOCAL FIRM? FOLLOW THE NEXT STEPS BELOW
→ Step 1: Watch This Video to Learn More About Us ←
→ Step 2: Learn More About What We’ve Accomplished ←
Projected metrics across our first 5 conversion-syndicated deals
20.5 – 22.5%
IRR
4.0 – 4.26X
Equity Multiple over 10 years
44.25%
LTV at Certificate of Occupancy (Low-Leverage!)
OUR FEATURED PORTFOLIO
City Storage Holden
1535 Holden Beach Rd SW
Holden Beach, NC
Square Feet: 45,000
Unit Count: 280
City Storage South
1525 S Front St
Wilmington, NC
Square Feet: 18,000
Unit Count: 197
City Storage Danville
3311 Riverside Dr
Danville, VA
Square Feet: 69,000
Unit Count: 753
City Storage Burlington
110 N Broad St
Burlington, NC
Square Feet: 47,000
Unit Count: 450
→ Step 3: Schedule a Call with Our Team ←
Our Track Record
160+
Investors Nationwide
$150M AUM,
50+ Projects
25+
Years Experience
600,000+
NRSF of Storage
5,306
Units Under Management
Meet Our Team
Erik Hemingway
FOUNDER
Over 22 years of experience in construction and self-storage, having participated in $100M+ in commercial and $60M in residential real estate transactions since 2006. He built his first self-storage facility in 2006, grew a portfolio of four facilities using the value-add strategy, and founded Nomad Capital to help others achieve true nomadic freedom.
Levi Hemingway
CO-FOUNDER
Levi Hemingway, Director of Construction and Expansion, oversees estimating build costs, coordinating subcontractors, permits, inspections, quality control, purchasing, and has managed over 500,000 square feet of commercial construction during his 9 years as a general contractor. As Nomad Capital’s integrator, he leads daily operations including due diligence, closings, capital markets, and asset management, while enjoying life with his wife, three young kids, boating, exploring the outdoors, and stage acting.
Clint Harris
Investor Relations
Clint Harris, Investor Relations & Capital Raising, brings 15 years of experience in medical device sales, a successful multifamily real estate portfolio, and a property management company he built with a focus on automation and vertical integration. He believes true freedom comes from combining financial, location, and time independence and joined Nomad to share that vision with investors every day.
Neil Henderson
Investor Relations
Neil Henderson, Investor Relations, has participated in over $25 million in commercial real estate transactions and created The Road to Family Freedom podcast to teach busy families how to achieve financial and location independence through real estate investing. Before joining Nomad Capital, he raised capital for apartment syndications and owned one of the highest-rated short-term rental listings in Las Vegas.
FAQS
When will I get my investment back?
That depends on the opportunity you are investing in. Most of our offerings to date have had some sort of development component to them. A typical timeline is 12-month construction and, 12 to 24-month lease-up, with investor distributions beginning sometime in year 2 or 3. We typically target a 5-year cash-out refinance to return the investor’s original investment.
What types of investments does Nomad offer?
Nomad Capital offers both funds and project specific syndications based on the asset and your goals as an investor. Each raise will specify both the asset type and the investment type to ensure you are well informed about the investment you are making.
What is a K-1?
A K-1 is a federal tax document used to report the income, losses, and dividends for a business or financial entity’s partners or an S corporation’s shareholders.
What docs will I receive as an investor and how will I receive them?
Before investing you will receive a PPM (Private Placement Memorandum), an Investor Questionnaire, a Subscription Agreement, and an Operating Agreement.
During the investment, you will receive monthly email updates on the progress and status of the projects, and you will receive an annual K-1 electronically from our investor portal.
Is there an investment minimum?
The typical minimum investment is $50,000.
What are the tax implications of investing with Nomad?
We typically perform cost segregation studies on all of our assets, allowing investors to benefit from bonus and accelerated depreciation.
Is my investment liquid?
Real estate syndications are generally considered illiquid investments. This means that investors’ funds are locked in for a defined period, which can be five years or more. It can be difficult or impossible to exit early, and there may not be a ready market to sell the investment if needed.
Does Nomad invest in their deals?
Not only do the General Partners of Nomad invest in the deals, but they also assume all liability by solely signing on the note. They also invest their own capital into the quality team finding, syndicating, and managing the deals.
