Your browser is old and is not supported. Upgrade for better security.

Invest in Nukondo

Raising great buildings together

Highlights

1
There are 160,000 condo buildings in the US, with 5 million units valued at $1.33T, $266.300 average
2
Every year, 400,000 new units are built, representing an annual growth rate of 8%, or $106 billion.
3
Over the last 150 years, annual appreciation has averaged 5%, amounting to $66 billion.
4
Annual commission income is $11.6 billion ($9.3 billion in sales and $2.3 billion in rent).
5
Nukondo's innovative business model reduces owner and landlord commissions as well as HOA fees.
6
A dedicated sales team per building ensures safety and professionalism in all transactions.
7
200 years of combined experience between management and board members.
8
72+ projects for over 7,600 residences are onboarded for a chance to use the product once completed.

Our Team

Nukondo was born as a result of the founder's pain as a developer himself. Before a building can break ground there are long lead times, huge upfront costs, and substantial risks. After years of work to fix these problems with the participation key stake-holders, the Nukondo platform came to life.

The story of Nukondo

After a few years of coming up with the idea, we tested it, and en up building a solid platform and business model. It's been a great journey, and we've only just begun. 

WHY NUKONDO?

The purpose of Nukondo is to connect real estate developers, buyers, and brokers in one platform where new projects have the potential of becoming great buildings. These new buildings have the power to redefine the skylines of cities, for future generations to come. New construction projects are always at the forefront of innovation, raising the bar for the benefit of the entire industry. More importantly, these projects create thousands of jobs and have a tremendous economic impact, creating substantial tax revenue, which ultimately go back to the community in all sorts of ways, including schools, roads, parks, community centers, and so on.

HOW DID EVERYTHING START?

Nukondo founder Jorge Brugo and co-founder Juliana Romero, realized that the new condominium industry was relying on old school processes, and needed a new set of tools to reduce time and cost inefficiencies and risks.

With a 25+ year, $3Bn+ career in real estate development, Jorge was exposed to the pain points that surround the entire process from start to finish. From acquiring the land, designing and approving a project, seeking financing, launching, marketing, selling,  building, and ultimately delivering it. This 360° view enabled the creation of Nukondo to fix these problems.

With an 12 year career in real estate brokerage, Juliana brought to the table extensive relationships with the brokerage community, which is key to achieve the pre-sales needed to break ground.

THEY STARTED WORKING WITH THE INDUSTRY... AND REALIZED THAT ...

Initially, the platform was born for developers to showcase projects in a simple way so buyers could search and find new residences. 

But as the platform evolved the relationships with other key stakeholders, including architects and designers, lawyers and title companies, lenders and originators, vendors and providers, association and property managers, started to come up as the natural evolution for the platform. 

The next step was to include the entire community opening up the platform to the crowd.

NOW NUKONDO IS BECOMING THE PORTAL FOR NEW CONDOMINIUM RESIDENCES

Nukondo goal is to supplement the old school tools used by developers to serve customers, which are both slow and expensive. Sales centers and scale models are things of the past, in the digital area, with tools like augmented reality and remote meetings. The pandemic has accelerated the way buyers use the internet.  

Following the pandemic, Nukondo's Pilot Market Miami, has become the hottest market in the country with people flocking from the largest cities globally. The lower density, the air quality, the absence of state tax, along other measures that are all reasons why this market is thriving.

HOW IT WORKS FOR BUYERS

These projects are built in the main gateway cities and cater to international buyers. Which means taking flights, booking hotels, and spending several days hopping from sales center to sales center only to end up exhausted, with analysis paralysis or worse a bad choice.

Nukondo simplifies the buying experience enabling the research, comparison, and selection from the comfort of the buyer's own home or office. It even provides tools to bid, negotiate prices, sign contracts, and even make payments. And of course the developers can post construction updates to inform their buyers on the progress of their purchase.


HOW IT WORKS FOR SELLERS

Most of these project are yet to be built, or at best under construction. Therefore, developers use digital renders to showcase what the building will look like and spend money in sales centers with limited exposure and traffic.

Nukondo leverages these digital resources in its online platform creating a 24x7 sales center, where developers can showcase their projects everywhere.

HOW IT WORKS FOR EVERYONE ELSE

New construction is an industry of industries. For any of these buildings to happen, it is not just about the buyer and the seller. Thousands of professionals interact to raise these projects. The platform caters to these participants in various ways to help them save time and money by streamlining the entire customer journey. 

Brokers and Agents get real time information on each of these projects through Nukondo instead of having to request for information from developers.

Lawyers and Title Companies can access contracts in one place to facilitate contract coordination. Avoiding being swamped in email threads, document bounces, and even security breaches on sensitive information. They can time their services to the progress of each project through smart contracts.

Designers and Decorators can get informed about the projects that come into the pipeline to timely cater their interior design and furnishing products or services.

Vendors and Providers can get aware about these new projects to make their offerings, wether those are food delivery, cleaning products suppliers, pet service suppliers, and virtually anything that can be offered to any homeowner.

Lenders and Originators can pre-approve buyers on future closings, locking in rates , giving both the buyer and the seller certainty.

Property Managers can offer their services to absentee owners, in essence second home buyers, or investors.



Downloads

Overview