After 6 years and over $30 million of investment in R&D and prototyping, Blokable is ready to take on the housing crisis. With an estimated 3.5 million new housing units needed in California alone by 2025, the only solution to scale housing is modular development. When we reach full-scale advanced manufacturing, our next factory is expected to produce enough modular units (Bloks) to build over 2,000 apartments every year with a projected aggregate market value of well over $1 Billion. And with our highly scalable manufacturing process and building system, our strategy includes ultimately expanding into a network of factories across the country and around the world.
What Is Blokable?Blokable is a developer of multifamily real estate – the strongest and most future proof real estate asset class there is – using a proprietary building system with cutting-edge technology and engineering that can build cheaper, faster and better.
What Does Your Investment Mean?Your investment would be in a convertible note, at the same interest rate and valuation cap as Blokable’s major institutional investors. Upon conversion to equity, your investment means ownership in Blokable itself and direct participation in the company’s ownership of the real estate projects it develops — giving you the opportunity to be part of the tremendous value creation that is possible from successful real estate development.
A New Paradigm For Multifamily HousingModular DevelopmentTM by Blokable is designed to capture the maximum efficiencies and value of technology, process, and business model innovation to deliver unparalleled returns to investors.
There’s a reason real estate development has a bad reputation.
That’s because development is designed to capture and keep wealth for the very few. It’s an inefficient, disorganized, and messy process that suffers from skyrocketing construction costs and a shrinking labor force.
The costs and inefficiencies of traditional real estate development are the fundamental reason for today’s housing crisis. Supply is simply incapable of meeting demand, and the shortage and lack of affordability of housing have only been getting worse over time. Innovation and disruption in construction will not bring meaningful change; we must disrupt development itself.
Modular DevelopmentTM by Blokable® is an end-to-end solution that offers a better way forward. It’s much bigger than a new widget or point of view. It’s one model that addresses the root problems for both market-rate and affordable housing. It’s a wealth creation movement that gives you access to the tremendous upside potential that real estate development offers on an unprecedented scale.
It uses manufacturing and technological advances to compress development costs and time, reduce risks, eliminate the unknowns, and organize an otherwise inefficient process. It creates higher-quality, environmentally sustainable buildings while achieving efficiencies and scale that the industry has never known.
It brings transformative economic, social, and environmental benefits to the world.
It revolutionizes development to fix the housing crisis and is designed to create real estate equity for investors, residents, and communities who support and embrace a better way of life.
Blokable builds real estate equity for individuals and the community.Invest
World-Class, Mission Aligned Investors
2017-2019: 30,000 sq ft
2019-2021: 60,000 sq ft
Revolutionary Modular DevelopmentTM
A State-of-the-Art Way to Build Multifamily Housing
This breakthrough approach allows Bloks, and even an entire building, to vary in size and shape without any change in required engineering or manufacturing, thereby enabling an efficient assembly process that uses a minimum number of parts and creates Bloks that leave the factory 95% complete.
Ready For Manufacturing
Taking Control of Development
Building real estate equity for individuals and the community
Unprecedented Scale & Value Creation
Real World Application Solving Real Problems
In addition to costing less per door, this state-of-the-art housing development costs significantly less to heat and cool, which lowers operating costs as well as utility expenses for residents.
Each unit is quiet, all-electric, efficient, and ventilated with fresh air, using energy recovery ventilation to mitigate bacteria, molds, and other unhealthy air particles.
Blokable at Phoenix Rising was developed and manufactured by Blokable to be a comfortable, safe, and healthy living environment that saves tenants money and offers them housing stability for years to come.
Nelson Del RioNelson has been with Blokable from the beginning – as an advisor since the company’s founding and as co-CEO since 2017. ...Read more
Aaron HolmAaron’s background is building products, systems, and businesses that transform industries and in 2016, he launched Blokable. ...Read more
Chief Product Officer
Timothy MillerTimothy connects the dots between user experience, technology, and business Through the lens of architect, human-centric ...Read more
I am a Latino/American Indian, raised in poverty, who dropped out of high school in the 10th grade then left home. In my heart, by solving market rate housing development through Blokable, I am simultaneously building a home for my mother, my younger brother, and my five-year-old self. At scale, we can provide generational wealth to every parent who is struggling to pay rent, to feed their children, and to give their children the opportunity to live and grow up like kids with privilege.
My path shifted when I was accepted into college as a dropout through an educational opportunity program. As my life was made possible by people who worked tirelessly to promote social equity and justice, I in turn have dedicated my life to establishing a business and finance model that creates private wealth while simultaneously addressing social and economic inequality. Modular DevelopmentTM by Blokable is based upon my decades of business, legal, finance, tax, contracting, and development experience and is an application of that model.
Nelson Del Rio
Founder and Co-CEO
I was raised by a single mother in a low-income environment. We lived in nine different apartments in two cities before I was 10 years old, moving constantly in search of affordable rent, frequently at the risk of eviction. Somehow, I was fortunate enough to find a path to opportunity, but there are millions of kids just like me whose latent talents are invisible, whose path could easily lead to addiction, criminality, or other social ills, simply because they are raised in survival mode without adequate or stable housing. Housing is at the root of health, education, and opportunity for a well-functioning society. We created Blokable, as a fundamentally different business model and a revolutionary movement, to provide the next generation with a solid foundation so they can be free to flourish and find their own paths to opportunity.
Modular Development™ is the future of housing development, leveraging every dollar of technology innovation and manufacturing investment to reduce the economic, social, and environmental cost of housing creation and to create wealth for our business, our investors, and our community.