Hurricane-Resilient Luxury Coastal Development

We Build Castles.
We Protect Capital.

A 20% annual preferred return. Your capital back in 24 months. The builder paid last.

Confidential · For accredited investors only · SEC Reg D 506(c) · Data Room · Full disclosures below

A 20% Return, Returned on a 24-Month Clock

Asset-backed Florida coastal real estate. Your capital sits ahead of the builder and comes back on a defined date — from the sale, or a refinance if the market is patient.

20%

Preferred Return, Per Annum

≈1.4x

Equity Multiple · 24-Month Term

24 Mo

Capital Returned · Refinance-Backstopped

168+

Homes Delivered by Noah Thomas Builders

$0

Investor Losses to Date

Return and exit terms reflect Evia's current offering and are governed by the final offering documents for each deal. Track-record figures reflect realized results from completed projects since 2009; pipeline figures are projections. No investor has lost capital on a completed Evia project to date.

How Your Investment Works

The whole mechanism in one view: your capital goes in ahead of the builder and comes back on a defined clock.

1

You Commit

$500K into a project-specific LLC. Your equity controls the land — ahead of the builder.

2

We Build & Sell

Noah Thomas Builders sources, builds, and sells the home; bank debt funds construction.

3

Capital Returned · Month 24

From the sale — or a refinance if the market is patient.

At exit, proceeds are paid in this order

1Bank construction debtrepaid first
2You — capital + 40% total returnby month 24
3Builder profitpaid last

"The clock is your protection, not your risk."

A fixed preferred return, senior to the sponsor — no promote to model, no waterfall to untangle. The refinance backstop is confirmed with our lender; offering terms are governed by the final offering documents for each deal and available to verified accredited investors.

Chapter 01 / 06

One Platform, One Builder, One Standard

Evia Partners is the capital platform that opens a proven builder's work to outside investors — on disciplined, investor-first terms, with your capital returned on a defined clock.

Two Building Families, One Name

The builder behind Evia is Noah Thomas Builders, a name that carries two legacies. Noah is Chris Baird's son, whose artistry and precision set the standard the company builds to. Thomas was Tom Mikolas's father — one of the builders behind the Sears Tower and a generation of Chicago's skyscrapers. Chris, a fourth-generation builder, and Tom, who spent decades raising large-scale towers, came together deliberately: two builders whose talents fit like joinery — the craftsman's eye and the engineer's discipline.

Evia is the platform they built on top of that craft — so investors can build alongside the family on the same terms the principals have used on their own balance sheet for years, with capital going in ahead of the builder and returned on a defined clock. Having come through enough market cycles to know the lessons that matter, Evia underwrites every deal the way those cycles taught: conservative leverage, protected margins, and an exit set before the first shovel — all along a Florida coast chosen deliberately for its people, its lifestyle, and its economics.

"A craftsman's artistry, a skyscraper's engineering, and a defined date to return every investor's capital."

Evia is raising and deploying $100 million over the next 18 months, across multiple real estate development strategies with Noah Thomas Builders at its core. Single-family coastal luxury is the proven engine today; larger single assets, multifamily, and adjacent development verticals follow — each underwritten with the same discipline and each returning capital on a defined clock.

The People Behind Every Build

One vertically integrated team raises the capital, builds the homes, and returns the money — principals and operators under a single roof.

Chris Baird

Chris Baird

Founder & Managing Partner

A fourth-generation builder with more than 22 years in luxury residential development, Chris has led over 1,500 acquisitions and developments — from multimillion-dollar custom homes to large-scale projects. He sets the design and quality standard for every Evia build and, having built through multiple market cycles, underwrites each deal with the discipline they taught: conservative leverage, protected margins, and a defined exit.

Tom Mikolas

Tom Mikolas

General Partner

Three decades in large-scale construction and operations, Tom carries the engineering heritage of a father who helped raise the Sears Tower. His portfolio spans Chicago landmarks including Alta at K Station, the Mesirow Financial Tower, the Sheraton on the River, and the Sears Roebuck corporate headquarters — and he brings that high-rise structural rigor and depth in complex project delivery to every coastal home the firm builds.

Cody Buck

Cody Buck

Chief Operating Officer

West Point graduate and former U.S. Army Cavalry officer. He joined Chris in Florida to build Evia's fund — a deliberate pairing of operational discipline with the platform's ambition — after leading ground-up construction in Colorado. Today he runs the fund end to end: capital raises, fund management, allocation, and investor experience. A systems thinker focused on efficiency at every stage.

Britney George

Britney George

Director of Debt Capital Markets

Originally from Texas and now two years in Florida, Britney brings 13 years in new-construction development. She joined Chris in 2025 and leads financing and lender relationships — originating over $50M in loans this year — managing the construction debt senior to investor capital and keeping draws on schedule from groundbreaking to exit.

Kristal Baird

Kristal Baird

Human Resources

Builds and supports the team as the firm scales, leading hiring, onboarding, and people operations — keeping the culture strong and the bench deep.

Yomara Oliveras

Yomara Oliveras

Accountant

Owns the books across the platform, from deal-level cost accounting to investor capital accounts and statements, keeping reporting clean, timely, and audit-ready.

Where America's wealth is moving.

Chapter 02 / 06

The Florida Advantage

American wealth is relocating, and it is relocating to Florida. The same forces pulling high-net-worth families out of California and New York create structural demand for luxury coastal housing. A macro tailwind, not a market call.

America's wealth migrating into Florida

0%

State Income Tax · vs 13.3% CA, 10.9% NY

$36B

Net AGI Florida Gained From Movers — Most of Any State

$122,530

Avg. Income of a Household Relocating to Florida — Highest in the Nation

No. 1

Palm Beach County · Top U.S. County for Net Migrating Income

The flows run one direction — households earning $200K+ leave high-tax states at three for every two who arrive; California lost $23.8B, New York $14.1B, and Illinois $9.8B in net AGI while Florida led the nation in gains. That arrival of cash buyers is the engine behind the $3M–$7M coastal segment we build into. Evia already operates inside this tailwind: 76 active projects, 168+ homes delivered, and no investor loss on a completed project to date.

Sources: IRS Statistics of Income migration data (latest available) and Tax Foundation, as reported in 2026. Figures describe macro trends and are not a forecast of any project's result.

Chapter 03 / 06

One Builder. Built Like a Fortress.

Noah Thomas Builders is the single builder across all three regions — sourcing the land, holding the general contractor's license, framing and building the shell, and marketing every finished home. One team, one standard, one balance sheet, from the first survey to the closing table. And every home is engineered from the ground up to survive what the Gulf and the Atlantic can send at it, then wrapped in a luxury the buyer sees first.

A hurricane-resilient Evia home, engineered from the ground up
1

Anchored Foundation

Roughly 30 helical pilings driven about 30 feet down anchor the soil against the scour and washout that destabilize ordinary homes in a storm surge.

2

A Sacrificial Ground Level

The first floor is a vented, stucco-lined garage with flood openings and breakaway walls. Water passes through, and a resident power-washes the sand out and resumes life.

3

Living Space Above the Flood

Luxury living begins on the second floor, always set well above FEMA base flood elevation, with mechanical systems elevated with it.

4

A Fortress Envelope

Concrete, block, and steel framing behind impact-rated windows and doors, finished in a luxury veneer. A castle dressed as a coastal estate.

Why It Pays

Resilience is not just protection — it makes the home cheaper to insure, and a cheaper-to-insure home sells faster and holds its price.

Lower

Flood premiums — elevation credit under FEMA Risk Rating 2.0

88–90%

Off the windstorm premium at some carriers — impact glass, hip roofs, masonry

Faster

A cheaper-to-insure home sells faster and protects the investor's exit

Vertically integrated. Noah Thomas Builders sources the land, designs the home, runs construction with its own licensed general-contracting teams, and owns the framing and shell operation that frames those homes — a company that saves the builds millions of dollars a year and captures margin that would otherwise leak to third-party trades. Nothing at the core of a build is handed to a stranger and marked up. That control is why budgets hold, why schedules hold, and why quality is never left to chance.

Insurance outcomes vary by carrier, flood zone, and elevation and are not guaranteed. Sources: FEMA Risk Rating 2.0; Florida Statute 627.0629 and the Florida CFO hurricane loss-mitigation discount guide.

Coast to Coast

The same builder, the same standard, across Florida's three highest-barrier coastal corridors. Together we have delivered 168+ homes.

West Coast Luxury Development

West Coast

Clearwater to Siesta Key

Active Projects 34
Focus Luxury Single-Family Homes
Experience Fourth-Generation Builder
Track Record 22+ Years, 1,500+ Projects
Markets Clearwater, Siesta Key, Bradenton, Sarasota
East Coast Luxury Development

East Coast

Palm Beach & Atlantic Coast

Active Projects 17
Completed Since 2009 131+
Construction Value $198M
Projected Built Value $560M by EOY 2026
Markets Delray Beach, Boca Raton, Gulf Stream, Jupiter, Palm Beach
Central Florida Luxury Development

Central Florida

Orlando Metro Area

Active Projects 25
Homes Completed 37+
Portfolio Value $73M+
Price Range $900K - $3.5M
Markets Winter Park, Audubon Park, College Park

Engineered to last. Priced to sell.

Chapter 04 / 06

Real Projects. Real Returns.

1801 Spanish River
1801 Spanish River, Boca Raton
Total Project Cost$6,179,263
Sale Price$11,995,000
Gross Profit$4.92M
Profit Margin41%of sale price
See the breakdown
Sale Price$11,995,000
Less: Total Project Cost (all-in)($6,179,263)
Less: Selling, Closing & Carry($899,625)
Gross Profit$4,916,112
Hold: 17 months Exit: May 2022 Annualized IRR: 86%

Verified by AIA G702/G703 contractor payment applications and notarized lien waivers, available in the data room.

Profit margin is gross profit as a percentage of sale price. It is a project-level, pre-tax figure, not the net return to a fund investor, who receives the fixed 20% preferred return.

150 Pineapple Rd
150 Pineapple Rd, Delray Beach
Total Project Cost$2,295,991
Sale Price$3,950,000
Gross Profit$1.36M
Profit Margin34%of sale price
See the breakdown
Sale Price$3,950,000
Less: Total Project Cost (all-in)($2,295,991)
Less: Selling, Closing & Carry($296,250)
Gross Profit$1,357,759
Hold: 22 months Exit: June 2024

Completed sale. Financials drawn from closing and completed project records.

Profit margin is gross profit as a percentage of sale price. It is a project-level, pre-tax figure, not the net return to a fund investor, who receives the fixed 20% preferred return.

103 Bear's Club
103 Bear's Club, Jupiter
Total Project Cost$5,393,590
Sale Price$8,300,000
Gross Profit$2.28M
Profit Margin28%of sale price
See the breakdown
Sale Price$8,300,000
Less: Total Project Cost (all-in)($5,393,590)
Less: Selling, Closing & Carry($622,500)
Gross Profit$2,283,910
Hold: 22 months Exit: March 2017

Verified by AIA G702/G703 contractor payment applications (97.6% completion documented) and notarized lien waivers, available in the data room.

Profit margin is gross profit as a percentage of sale price. It is a project-level, pre-tax figure, not the net return to a fund investor, who receives the fixed 20% preferred return.

1046 Melaleuca
1046 Melaleuca Rd, Delray Beach
Total Project Cost$2,473,245
Sale Price$4,250,000
Gross Profit$1.46M
Profit Margin34%of sale price
See the breakdown
Sale Price$4,250,000
Less: Total Project Cost (all-in)($2,473,245)
Less: Selling, Closing & Carry($318,750)
Gross Profit$1,458,005
Hold: 14 months Exit: May 2016

Verified by full AIA continuation sheets with line-item cost verification, available in the data room.

Profit margin is gross profit as a percentage of sale price. It is a project-level, pre-tax figure, not the net return to a fund investor, who receives the fixed 20% preferred return.

Realized results. The four projects above are completed, sold transactions from our East Coast operator, with financials supported by AIA G702/G703 payment applications, borrower advance requests, and notarized lien waivers available in the data room. Profit margin is gross profit as a percentage of sale price. These are project-level, pre-tax figures and are not the net return to a fund investor, who receives the fixed 20% preferred return. Past performance is not indicative of future results.
See the full deck in the Data Room →

The Active Pipeline

76 active projects across three Florida sub-markets — more than $355M in estimated built value.

Evia Partners Pipeline Map - 76 Active Projects Across Florida
View the pipeline by region
Region Active Projects Est. Built Value Markets
West Coast 34 $165M+ Clearwater to Siesta Key
East Coast 17 $142M+ Palm Beach & Atlantic
Central Florida 25 $48M+ Orlando Metro Area
Total 76 $355M+ Luxury Waterfront & Coastal

Estimated built value reflects projected sale value of active pipeline projects and is not realized revenue. Since 2009, our East Coast operator alone has delivered 131 homes representing $560M+ in cumulative built value. Figures are estimates subject to market conditions.

Chapter 05 / 06

Two Paths to Participation

Most investors start with a single SPV to see the reporting and the 24-month exit execute exactly as promised, then convert to a standing programmatic allocation so their capital is always working and they never have to re-decide.

Programmatic Joint Venture

Target Investor
Institutional / Family Office
Commitment
$20M+ / Year (standing allocation)
Preferred Return
20% per annum, paid ahead of the builder
Equity Multiple
≈1.4x (24-month term)
Exit / Liquidity
24 months max — sale or refinance backstop
Position in Stack
Bank first · investor second · builder last
Capital Protection
LLC membership interest
Reporting
Monthly + Quarterly
Regulation
SEC Reg D 506(c)

Syndicated SPV

Target Investor
Accredited Individuals
Commitment
$500K per deal
Preferred Return
20% per annum, paid ahead of the builder
Equity Multiple
≈1.4x (24-month term)
Exit / Liquidity
24 months max — sale or refinance backstop
Position in Stack
Bank first · investor second · builder last
Capital Protection
LLC membership interest
Reporting
Monthly + Quarterly
Regulation
SEC Reg D 506(c)

Evia co-invests 5–10% of a deal alongside its investors when requested,* putting the sponsor's own capital at risk beside yours. Investor K-1 tax documents are prepared and delivered by March of each year — you are never left waiting through tax season.
*Sponsor co-investment is negotiable by deal.

How Your Capital Becomes a Castle

A commitment can be shaped for diversification or for scale, and it can start anywhere along the program. Every dollar of equity earns the 20% preferred return, a ≈1.4x equity multiple over a 24-month term, and sits ahead of the builder. Figures are illustrations, not fixed tranche sizes.

View the full capital-deployment model — build types, commitment tiers & compounding

The Three Build Types

Build TypeTotal ProjectInvestor EquityBank DebtProjected SaleMargin
Gulf Coast home
Single-family · Clearwater to Siesta Key
$2.68M$0.50M$2.18M$4.90M34%
Palm Beach estate
Single-family · Delray Beach / Boca Raton
$6.18M$2.50M$3.68M$11.99M41%
Luxury townhome cluster
Boutique multifamily · coastal nightly-rental district
$17.50M$3.00M$14.50M$28.00M38%

The multifamily option. Alongside single-family, Evia targets boutique luxury townhome clusters in the coast's scarce nightly-rental districts, where finished units can be sold or held for income. A representative project now under evaluation illustrates the profile: roughly $17.5M of cost against about $28.0M of projected sales — a $10.5M project profit, or a build-refinance-stabilize-hold path that recapitalizes into a permanent loan near $20.6M, returns investor equity in full, and holds for roughly $432K of annual cash flow plus appreciation.

Built to Your Mandate

Investor EquityRepresentative MixBuilt CostProjected SalesReturned at 1.4x
$5M5 Gulf · 1 Palm Beach$19.6M$36.5M$7.0M
$10M9 Gulf · 1 Palm Beach · 1 townhome cluster$47.8M$84.1M$14.0M
$15M14 Gulf · 2 Palm Beach · 1 townhome cluster$67.4M$120.6M$21.0M
$20M18 Gulf · 2 Palm Beach · 2 townhome clusters$95.6M$168.2M$28.0M

Cycle Your Capital

A single deal returns your capital by month 24. A program puts that discipline on repeat — capital comes back, redeploys into the next set of homes, and compounds, while the preferred return is paid each cycle. The example follows a $20M commitment across three 24-month cycles.

$20M$28M$39.2M$54.9M StartCycle 1Cycle 2Cycle 3 Month 0Month 24Month 48Month 72 ≈2.7x
CycleCapital DeployedReturned at 1.4xHomes Funded
Cycle 1 · months 0–24$20.0M$28.0M40
Cycle 2 · months 24–48$28.0M$39.2M56
Cycle 3 · months 48–72$39.2M$54.9M78
After three cycles (~6 years)≈2.7x on original $20M$54.9M170+

Illustrative and assumes distributions are reinvested each cycle; an investor may instead take distributions in cash. The 20% preferred return is senior to the builder, whose margin absorbs variance first. Home counts assume the $500K Gulf Coast build type; larger or multifamily projects fund fewer, higher-value assets. Margin is project-level gross profit as a percent of sale price, pre-tax, not the investor's net return. Not a forecast or guarantee; all terms are governed by the definitive offering documents.

Chapter 06 / 06

Conservative by Design

Conservative Leverage

$500K equity in first; bank construction debt covers the build with disciplined LTC ratios.

Fixed-Price Scopes

Locked-in material and labor costs prevent budget creep and ensure predictable outcomes.

Insurance Diligence

Comprehensive builder's risk and flood coverage during construction protect investor capital.

Multi-Exit Framework

Retail sale, strategic refinance for rental, or portfolio sale provide multiple paths to return capital.

Protective Liquidation

Pricing contingency prioritizes bank and preferred equity protection through disciplined exit strategy.

Regional Diversification

One builder, three distinct Florida sub-markets with different demand drivers — West Coast, East Coast, and Central Florida — reducing concentration risk across the pipeline.

The Investor Data Room

The full offering materials — investor presentation, executive summary, operator deck, track record, sources & uses, pro forma models, investment guide, and risk factors — live in our secure data room.

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Direct Contact

Chris Baird

Founder & Managing Partner

chris@evia.company

941-253-6878

Tom Mikolas

General Partner

tom@evia.company

224-318-6564

Cody Buck

Chief Operating Officer

cody@evia.company

720-244-0581

Office

6404 Suite B, Manatee Ave W
Bradenton, FL 34209