Homestead Modern was founded by David McAdam in 2014 with the objective of expanding the availability of quality housing and hospitality options in the High Desert communities near Joshua Tree National Park.
In May 2018, Robert Brada joined the company as co-owner.
The company’s initial growth was organic, as the first managed home was David’s well known Rock Reach House in Yucca Valley. That was followed by Homestead Modern No. 1, the prototype for the family of pre-designed homes that the company built in the community of Pioneertown (David also is the owner of HM1).
Over the next few years, the management portfolio grew quickly through word of mouth and management of homes constructed or renovated by Homestead Modern. Today the company manages the largest and highest grossing growing portfolio of vacation rental homes in the High Desert, all but two of which are owned by outside clients.
The company has built several of its pre-designed homes for clients in the area and today has a robust pipeline of future such projects.
Homestead Modern has also become known for the quality of its home renovation services. These services are specifically delivered with an eye toward making the property well suited for vacation rental operations.
Owners wishing to derive income from their existing homes often turn to the company and its preferred general contracting firm to upgrade their property to enhance its income earning potential.
David founded Homestead Modern in 2014. Today he is the co-owner of the company along with Robert.
Dave and Robert co-founded Blue Sky Building Systems in 2008. Blue Sky provides a prefabricated steel frame system to the building industry.
The first home built using the Blue Sky Frame was Rock Reach House in Yucca Valley. It was completed in 2009 and quickly became one of the premier vacation rental destinations in the High Desert.
Experiencing this success, both in owner financial returns and guest enjoyment, led Dave to found Homestead Modern. Rock Reach House, which Dave still owns, was the first house managed for vacation rentals by Homestead Modern and acted as the catalyst for the company’s growth.
Prior to starting Blue Sky, Dave had careers in journalism and public relations. He is a fourth-generation Californian who has been investing in the High Desert real estate market since 2003. His father’s parents homesteaded land in the High Desert near Lancaster.
Robert has been a co-owner of the company along with David since 2018.
He and Dave also co-founded Blue Sky Building Systems in 2008. Blue Sky provides a prefabricated steel frame system to the building industry and has received outstanding recognition from the industry, including winning an award for innovation from AIA magazine (the official publication of the American Institute of Architects) and being profiled in dwell magazine.
Robert started his career as a corporate finance lawyer at White & Case in Los Angeles and Paris before moving into the entertainment industry where he was the General Counsel of then-publicly-traded MGM Studios. Robert developed an expertise in growth-stage companies, including serving as President of a divisional spin-out of a Fortune 100 company.