The Paradyme Shift
Step into the evolving world of real estate investment with "The Paradyme Shift," a podcast hosted by Ryan Garland, the visionary founder and Chairman of Paradyme. This show is your gateway to uncovering the strategies, trends, and success stories that redefine the real estate landscape today.
On "The Paradyme Shift," each episode takes you behind the scenes of Paradyme's groundbreaking approach to real estate investment. Ryan Garland, alongside industry leaders, dives into the intricacies of Paradyme's holistic model—covering everything from direct lending and strategic investments to hands-on development. Discover how Paradyme's innovative crowdfunding platform and investment management software are not just tools but game-changers that are reshaping real estate by bridging housing gaps and nurturing community-driven projects.
Tune in to "The Paradyme Shift" to explore how Paradyme consistently delivers exceptional financial returns while positively impacting communities. This podcast is more than just about investing—it's about leading the charge in real estate innovation. Join us to stay ahead of the curve, gain exclusive insights, and become part of a community where expertise meets transformative ideas in real estate.
The Paradyme Shift
Most Innovative Man Cave and Residential Developments in the Country | Webinar E33
Join Ryan Garland, Founder & Chairman of Paradyme, and the entire development team behind Barn Caves in this on-demand webinar. Get a first-hand look at the vision, strategy, and innovation driving this 93-unit mixed-use development that is redefining modern real estate investing.
What You'll Learn:
- Meet the Experts – A panel of top industry leaders, including developers, engineers, and architects shaping Barn Caves.
- Project Overview – A luxury mixed-use development featuring townhomes, a 32,000-square-foot gym, a wellness spa, and a Dubai-inspired pool.
- Innovative Construction – How steel and barndominium designs enhance efficiency, lower costs, and accelerate build timelines.
- Investment Opportunity – The potential for high-yield returns as Paradyme expands this concept across top U.S. markets.
- Scalability and Impact – A private equity-backed approach to mass-producing these structures for developers nationwide.
- Efficiency and Speed – Prefabrication, streamlined logistics, faster construction timelines, and a GC training program to scale nationwide.
- Sustainability – How solar energy integration reduces costs and maximizes long-term value.
Great. Okay, guys, we are live. So everybody, thank you so very much for joining today. This webinar is going to be circled around the Barn Caves project. For all of you that had signed up, I'm sure you went ahead and uh read everyone's bios on the landing page and got a chance to spend a little bit of time getting to know each and every one of these individuals that are going to be a part of this project. And they are vital to the success of not only Paradigm's overall brand, but the Barn Caves project itself. And I am beyond honored to introduce you to all of these gentlemen because again, they have been right there next to me not only from the beginning, but are kind of guiding this uh all the way through the finish line. And I couldn't be uh more excited to introduce you guys to these uh to these fine gentlemen. So I am going to talk a little bit about me for those of you that that have been following me for some time. You know that I am not a fan of wasting time, so we're gonna get right to brass tax. And what I like to do, to be candid, is get right to just a little bit about me. And and what we have here today is a gentleman that's in front of you that has 20 years of experience. I've done$3 billion in transactions, really cut my teeth in the lending space, and believe it or not, I actually started my career in uh in slinging mortgages and call centers, believe it or not. And now everyone asks me how the hell did you get to where you are today? And I just tell everyone doors just kept opening. I kept walking through it. So right now we have about 650,000 square feet of boat and RV storage that has morphed into kind of more of a man cave infrastructure. We also have been vital to the success of Europa Village, a$185 million winery in Temecula, which is one of the most recognized wineries now in the United States. I also manage a$100 million debt fund, which is for short-term bridge loans, uh, mortgage-backed security market, and uh we have a rather large outfit lending money across the country for ground-up construction, hence kind of getting into the space that we are now, owning a construction division and morphing into more of the development space. So really honored to have you guys here, and I really excited to uh get right into the gentleman that has helped us spearhead this, Stephen Beagle, which is my uh what he's actually become, I'd say probably a really close friend at this point. Um, I'm I feel honored to have him here. Not only is he the gentleman that remodeled the Pentagon, but he uh I'm gonna let him share a little bit about himself, but he has an unbelievable background and uh ultimately is the gentleman who has helped us with the design of the uh in and the engineering of this, because ultimately what we want to do is take this project and stamp it across the country and even open it up to other builders and developers that want to start, you know, cutting costs but build faster and build something that's a little bit more trendy, but also um staying in the front lines of costs and so forth. Because at the end of the day, just to be honest, we didn't know which direction the election was going to go. If inflation was gonna stay high, what we wanted to do was stay on the front lines of on the affordable side. And so with these gentlemen here, they were looking at it from a value engineering side and trying to figure out a way to cut costs all the way across the board and make sure that we can get people in homes and just fill that gap that uh the housing crisis is out there. So, Stephen, thank you so much for being here, my friend. I would love for you to take the mic for a second and share a little bit about your story and your background.
SPEAKER_02:Thank you, Ryan, and thanks to everybody who's joining. Uh Stephen Beagle, architect, 44 years doing this. It's hard to admit that uh in this circle. This is a young, dynamic team, and I'm just really thrilled to be part of it. Uh, there's some creative people on this call, and uh we've got some great ideas to share. Again, just you know, my background includes the Pentagon and the Pentagon renovation prior to 9-11. Complicated building, 33,000 people there, 24-7. Uh, and yet we were able to renovate it. Post-9-11, the SEC building in New York City, the old Woodworth Tower. That was a fun project. We had to quickly relocate the SEC, the Securities and Exchange Commission, back when uh World Trade 7 ultimately collapsed after the attack. Since then, uh Vice President of the National Institute of Building Sciences, uh codenamed NIBS in Washington, uh, and up through now, some 2,000 buildings too in my portfolio, uh, and most of them are very attractive. So I find that to be uh uh you know a tribute and a credit, and pleased and blessed to have that happen. Most recently, the Tierra you see on the screen here, Tierra on the beach is the largest and most recent condominium project in Galveston, Texas. Uh and Ryan just came down for the groundbreaking here 10 days ago. So we're off and running with a$150 million project in Galveston. And as far as the barn caves are concerned, we are excited, deeply involved in the final construction documents. We were just coordinating that we should be done with our permits set here by the end of January. There's my introduction.
SPEAKER_00:No, thank you, Stephen. And just kind of piggyback off of that, we're actually going to be building our very first unit at our project or a property that I own in Tennessee. And uh, we have gotten so much interest from other builders and developers and and uh so forth across the country. We wanted to protect our brand. And one of the things we wanted to do is make sure that we build this, you know, on a uh undisclosed site somewhere across the country that nobody else is going to see how we actually design the framing and so forth of this project. So uh Steven and I were at the real quick story, Steven and I are at the property, we're having a cigar, we're getting to know each other, and you guess what how so guess what comes up? The uh 9-11 Twin Towers, and really how that thing came down. So, Steven is a very, very smart man. He is uh he he has some pretty strong insight on how things work. So it's really impressive on uh on his knowledge, and I really feel honored again that you're here. So, Steven, thank you. And we'll go ahead and move on. So, Rob, Mr. Samson, my other best friend out here, which he loves to come over and race the race simulator, by the way. He's a GT3 guy, he loves Porsches. And uh, if you get to know him, you'll see him driving around the nicest portion town, which I love. But uh Rob actually is the gentleman who uh is overseeing all of our boat and RV storage, uh, in essence, what I call our man caves, our paradigm storage. He was kind of the uh the lead designer on this one. And him and I have obviously built a great relationship over time. And I went to him and said, Hey, you know, everyone keeps asking me on my phase one because the project, even the unit I'm sitting in now, with uh all the all the infrastructure, for the most part, a home, people keep asking, man, these things are so nice, can we live in them? And the reality is you can't, right, with zoning and other rules. And so, like I did kind of put that whole ear to the ground. What are my buyers? What's the community looking for? And and given what the the city's looking for as well, you know, the city doesn't want any more storage being built in the city limits. And so when this 18 acres popped up, which by the way, the barn cave site is literally two left-handed rock throws away from here, um, we were thinking, okay, why don't we build maybe a storage unit with like a loft? But then it morphed into, you know what, they don't want storage units again. So why don't we look at it from a three-story product, which we were involved in a three-story, 45-unit townhome product, tall skinny's in Denver. So I went to I went to Rob and I said, Rob, ever since I even moved to my headquarters to Nashville, the barn dominion of movement has just exploded. And some of you that know me, I ended up uh remodeling an old barn that was built in 1892. It was leaning over, it's all old, it's got some great history to it. And I went in there and built a three-bedroom, two-bath home, and literally it's a full house, and you would never know. You walk up to this old barn, and as soon as you walk into it, it's a three-bedroom, two-bath house. And so, um, and it's modern, which looks great. But I went to Rob and I said, you know, it's very trendy. And when you look at the data, I would love for you to kind of spearhead the design of it with me. And so that's when uh Rob and I got into the trenches. So Rob was really there from the beginning. So, Rob, if you don't mind, share a little bit about your backstory, even with me in Paradigm and and uh kind of your footprint within the city, because that's really important. I want people to know really your pedigree here in the city, too.
SPEAKER_04:Awesome. Yeah, thank you, uh Ryan. Thank you for putting this together today. Appreciate the opportunity to be here. And and uh, I'd be remiss if I didn't say uh it's an honor to be on the same call as someone as esteemed as Steven and all his uh accolades that he put out there. I feel like I'll be uh a little disappointing when we go through my list of accomplishments compared to him, but uh here goes.
SPEAKER_00:Stop being so unhumble. Everybody on this, on this, by the way, is the most humble people in the world. Even before this, I've been trying to coach everybody. Stop being so humble. Time to brag about yourself, please.
SPEAKER_04:All right, so I've been uh with Selberg Associates over 25 years. Uh, after the untimely passing of uh Paul Selberg, I ended up uh taking over uh partial ownership of the company. I'm now uh acting as the vice president. Um uh Cellberg Associates has been around for 40 years, and we're the uh largest and longest standing architectural firm in Mojave County. Um we've designed over four million square feet of metal buildings and storage facilities in the past seven years alone, and it is definitely a trend that we see uh moving forward. And a lot of the stuff that that um when Ryan came to us, he said, Well, here's what we're looking at doing, and he asked me about the barn caves, and he said, Well, on these barn caves, do you even think that there's I mean, we see it, we think we see it, that's what's happening locally. And and at the time we were designing already two barn caves that were in different parts of Mojave County, and it was something that uh certainly there was there was a trend emerging, and it's something that you know Ryan, if he's anything, he's been on the cutting edge of a lot of things, and I don't mean to pump his tires, but you know, he really uh got his teeth into this and said, What are we gonna do here? And uh anyone who's been in Mojave County and Lake Havasu City, especially for any amount of time knows that the ideal home here, it seems, in Lake Havasu is a 15-car garage and about a hundred square feet of living. And uh we've uh we've found people who've put these these really tiny residences on these large lots, and it's all garage space. And one thing that uh was apparent is is we have a lot of uh second, third, fourth uh homes uh here that are people that are living here or coming out here just to party. We had one client that we designed a house for that was for one weekend a year. It was for our uh major boat uh weekend that we had. The guy was a tech billionaire and he said, I just need a place. I hate staying in hotels, so I'm gonna build a 9,000 square foot uh house on the island, which I don't know if it ever really got built. I don't think it did at the end of the day, but that was his logic. So there's definitely was a precedence for this end of it. And you know, one thing that we've been doing is kind of meeting uh with the cities and with the different utility companies, because with every project that's got some uniqueness to it, there's always a a um you know a function where the city has to be involved and and obviously has something to say. And sometimes we feel we have too much to say, you never know. But uh we're working through a lot of that right now and and certainly have the right team to put this together.
SPEAKER_00:So yeah, Rob, thank you very much, my friend. Well, after after we kind of do the introductions, we're gonna drill down into like, you know, kind of the setbacks, going to five foot setbacks, and just kind of the overall structure of the uh community, which I think a lot of people are gonna love. So thank you, Rob. Okay, Ryan, the the man, the myth, the legend, the one who's actually gonna put all the steel together, Ryan Bernsado, my friend. So please, if you don't mind, introduce yourself. And uh just like Rob keeps trying to tell you, stop being humble. You gotta brag about yourself this time.
SPEAKER_03:Yeah, thanks, Ryan. Well, first of all, guys, I got to tell you that I'm so excited to be part of this team with um with uh your you know, Ryan's marketing ability and everything that he does and his high energy, and then uh Steven and Rob's uh architectural design experience, Dennis, um, Dennis's experience in real estate and and in building. And then, of course, the best uh uh real estate salesperson I've ever seen, Eric, you know, what a team this is, and I'm so excited to be part of it. Um, my end of it is really the manufacturing part. Um I own a 122,000 square foot uh manufacturing facility here in Lake Havasu City, Arizona. Uh specialize in steel, I have over 30 years of experience in manufacturing, but we do types of manufacturing uh products all the way through electronic circuitry. Um we're a structural steel contractor. We really uh feature a lot of robotic uh and advanced manufacturing uh machinery. Uh I have over$30 million of machinery in my facility. I use robotic fiber lasers, which is the most accurate way to cut steel, have eight-access um uh forming brake, robotic brakes that form steel. Um and then I have a full uh 9001 ISO machine shop here that uh we're a government contractor. Um we can do aerospace parts or any any parts that are uh real fine. So I specialize in in uh taking these guys' design and and make it come to fruition in terms of the parts so Dennis can put all this stuff together and and whatnot. So um I'm really excited to be part of this team. You know, I'm really excited to uh to uh uh provide all of the uh the steel for for for this team and these these new barcades and this this um project because I have to tell you that what I've seen of the design, it's it's uh I can't wait to get one myself. It's the most exciting thing that that I've been involved with in quite some time. So um I'm really elated to be part of the team. And you know, if you can uh if it can be made, I can build it. So that's really my um uh claim to fame. And and uh uh I run premier manufacturing and 10 day doors, uh PMG Codes, and a bunch of other brands that we build out of our facility there. So I'm looking forward to uh making the steel and doing it right and uh doing it in a timely fashion. Um and and dealing with Ryan, uh it's real exciting because you know, everything he wants done, he wants done right and he wants done now. So um, which which I like to do. So uh it's gonna be exciting to be able to grow our facility into the capability that it has. You know, we uh we're about uh uh 30% capability uh right now, and we have room, uh we have about uh 60 employees, and we have room to grow to 330 employees. And we look forward to this project and many of uh Ryan's others' projects getting us there and joining forces with him and in Paradigm Manufacturing. So um, you know, that's really what I got. Did I miss anything, Ryan?
SPEAKER_00:No, you're good. No, that's perfect. Yeah, I'll just kind of give a little, I'll I'll just uh tee off of that. But you know, the the reason why, too, uh, for all you guys are watching, this is this this team was assembled over time. After Rob and I really started getting into this, and as most of you guys know, my network spans across the country, kind of you know, going into you know how my uh my business has been ran across the country and lending and developers and lending money to developers. And uh a lot of relationships have been built uh in primary markets, like for example, Denver, uh Austin, Dallas, those type of areas. And what happened was I I got a phone call from a former friend of mine. He's he's got a 200-acre master plan community that's anchored by Kroger. He calls me and goes, Ryan, I am absolutely in love with your units. Can I, in essence, buy your floor plans and can I maybe work with you on the manufacturing side? What I want to buy 700 of your units. And uh I was kind of floored. I'm like, do you guys think they're they're they're this desirable? And you know, you're gonna talk to Eric here shortly, the guy who does all of our sales and our exits, but you know, he's gonna tell you the demand for this is incredible. I think our list alone, we have over 400 buyers that want these units, including investors that are investing money just to be able to lock up a property kind of thing. So, you know, the the desirability for these units have gone through the roof. And so over time, uh, we have just in essence, you know, uh brought this entire team together to try to do mass production. So what you heard in Ryan was the ability to grow. And uh, and he's only at 30% capacity, which means we have a lot of room to grow all the way down to logistics, transportation. I mean, we have narrowed down uh this to take it to, you know, uh we of course I'm I'm always uh reaching for the stars, but really a billion-dollar play. You know, we can uh we can get a lot of receivables, a lot of developers want this. Um, being able to put these things together quicker, not less trades, the list kind of goes on. So uh bringing everybody you know on the forefront and designing this properly where people can just erect these things anywhere. You know, for example, you know, downtown Nashville, you can get three acres and pop up 10 of these and you can do it quick, you know. But it's it's all built to you know, uh residential single-family specs, so you can get insurance, get conventional mortgage and finance. So there's a lot of energy being put into the design of this. And uh, so Ryan, thank you very much. We'll go ahead and uh we'll slide, we'll get more uh collaborative here after this.
SPEAKER_03:So, all right, guys, thank you, Ryan.
SPEAKER_00:Yeah, thank you. So, for those of you guys that know my friend Dennis Roberts, our contractor, the guy who is literally taking bullets every day for paradigm, just making sure things are getting done and counting bodies, and you know that see what the reason why he has glasses on is because he's got a black eye really behind that thing. I uh I have to hit him every once in a while and say, hurry up, dude. I need this thing to be built. I got investors that want to be happy. So, but uh Dennis, as you guys know, we have kind of a cool thing going. I post on social media, I'm always giving them a hard time, and it's just kind of the nature of our relationship. But I would say uh we sat down and had breakfast the other day, and I looked at him and I told him, Hey, so this is a friendship and a relationship that'll be for the rest of our lives. Absolutely. And so, you know, Dennis, I really appreciate everything you do, buddy. I think you are kind of the storm behind the scenes people don't know, and I think it's very important you get to be a little bit more on the face side. Please share your story and uh and uh we'll talk about something else down the road. I'm gonna bring something up, you're probably gonna really love it. So by the way, your beard looks great today.
SPEAKER_01:Oh, great, I'm glad to hear it. You know, I put a lot of time into it just for this. Uh yeah, you know, Dennis Roberts, I've been in this market for about 30 years, 25 of it in the construction industry. Um, about every major building in Mojave County of any size, my fingerprints are on it at some point. Uh, really, my background, uh, structural concrete and concrete, that's where I cut my teeth as a child and a family of concrete people, and then moved into engineering and uh worked in that for many, many years in materials testing, inspections, uh, specialized in many elements of concrete, soils, uh, masonry, and then um kind of moved into defect work for a while and then just became a consultant. And uh Ryan and I met on the golf course one day and he said, Look, we're really we got a lot of things going. And uh we just had a quick conversation about it. And next thing you know, seven months later, we decided to kind of join forces and take on this project. And it's been a whirlwind. It's been fantastic, though. I love the energy this group brings. Um, in the engineering world, one of the things I missed uh out of that world was the professionalism and the um the energy that comes with teams that really know what they're doing. So often in the construction world, you end up with one person who seems to know what they're doing, and the rest are just following as fast as they can. This assemblage, this team that we've uh been able to come up with is by far one of the best group that I've ever encountered and privileged to be part of it.
SPEAKER_00:Yeah, Dennis, thank you. You know what the one of the and uh this was the story I was gonna share, but when we golf together, Dennis, or I think uh Eric put you and I in a cart, yeah, and we never even talked about business. I think we just kind of shared what we do, but we talked about family and and brotherhood and loyalty, you know, and for four hours. And then next thing I know, me and Eric are talking. I'm like, you know what? I kind of like that guy, Dennis. He'll he'll look good on you know showing up to job sites, telling people what to do. So, but I love you know, thank you very much for sharing, and and we'll uh we'll slide over to the next uh the man, the myth, the other myth. And uh, for those of you guys that follow me on social media, you guys probably see him quite a bit. But this is the guy who is selling all of our assets, and this is where the money is being made, right, guys. I would say this is probably one of the most important things. Not only do we have to build them, and that's where you see the majority of our team, where it all lands is how to sell them. And we don't make money until we sell our property, right? So bringing Eric on very early, where I think a lot of developers um are missing that component on bringing in their sales team early. Um, and you guys are gonna hear from Eric here shortly, but his his background is unbelievable. He's one of the top in the nation. He's number number one, I believe, in the state. Um, but he is by far uh and he's a builder and he's a developer, and he, you know, is has some money invested with us. And so, you know, having somebody that is that diverse and has kind of a vantage point at a 360 degrees uh is very important for a group and an outfit like us, and really important for other investors to see, because it's if you plan in the beginning properly, that's where the money's made. And I think for those of you guys that know my uncle, he was one of the owners of Standard Pacific Homes, they sold to Lenar and he uh morphed into Irvine Company and so forth. And he had always told me, I always looked up to him, and he said, money is always made in the acquisition and what your exit strategy is. So Eric is vital to that. Eric, thank you, buddy, for uh for being here. Please share a little bit about your story.
SPEAKER_05:Yeah, Ryan, thank you so much for having me. Um, it's a pleasure to be a part of this webinar. And uh as Ryan said, uh Ryan B said, um, just to be in this company, I think is uh just fantastic. So I do think we need to add one more line to my bio of maybe matchmaker of professions. Uh or BFF.
SPEAKER_00:I know you want to be a BFF. We'll be honest.
SPEAKER_05:I think hooking uh Dennis Roberts up with the Paradigm Group and Ryan B with Ryan. Um that's true.
SPEAKER_06:That's true.
SPEAKER_05:And Rob is bringing you know connections together, whether it's on the business side or matchmaking a buyer and a seller. So um I'm really I'm grateful to see the team together just by making a few connections. Um but yeah, for everyone that's on the call, um, my name is Eric. Uh as Ryan said, I'm the uh team lead of the number one real estate group in Lake Havasu City, Mojave County, and we are neck and neck for the number one position right now in Arizona. It's going to come all the way down to the wire. Uh, I think that's incredibly special given the population count of like Havasoo City when you stack that up against cities such as Scottsdale and the Greater Phoenix area. It's something that I look to my team members at. I mean, we wouldn't be where we are without every single member of our sales team. And some of them are tuning into this webinar. Um, we have the best salespeople in the industry at the Gadali group. And again, these numbers that you're seeing on these boards would not be possible without each and every one of them. We're gonna close uh our highest rate of market share in the history of our group's inception. We're gonna close at probably just over 10% of market share in the Lake Havasu market. What that means, guys, is we're essentially selling one in every 10 homes that trade uh in the Lake Havasu market. Incredibly special. Um, you know, some big numbers down there that you know kind of explain themselves. I think the biggest thing is, you know, I was I'm a part of this project because of Ryan. Ryan originally was going to be the capital behind the previous developer. And Ryan told that developer in no way, shape, or form is my company going to vouch or lend on this project unless Eric Adalia and his team, you know, handle all of the sales. So I would not be here uh without Ryan. And again, very, very grateful for the opportunity. But that relationship grew into you know many, many additional projects, including the project next door, which is the subject of today's discussion, the Barn Caves. I pleaded with Ryan for about six months to take this parcel down because really the fact of the matter is we're really down to uh the fourth quarter when it comes to land availability in Lake Havasu, which is why this makes this project so special. In fact, we've just sold our 94th unit at Paradigm Storage. We're on the brink of officially crossing the halfway mark in sales, which I think is a tremendous accomplishment given the adjustment in the real estate market over the last couple of years. And I think it's a testament to what Ryan always says storage being one of the most recession-resistant asset classes, you know, that are out there, we've continued to sell these storage units at a great pace through the market adjustment. And through Ryan's vision, taking storage to the next level, you know, within the barn caves, I think is truly what the market needs. Because as Ryan said in the beginning of the call, what you know, something that people want even more than storage is a living component attached to it. So that's exactly what the barn cave is going to be. And I think for everyone that's on the call that's either considering investing or purchasing, the number one question I would ask when deciding to make this investment or purchase is, you know, is obviously number one, is this going to be a good investment? And the fact that we're really down to no more land opportunities in Havasu to develop out these, you know, these projects, um, you know, that's that's the number one marker right now. It's just the lack of land availability. So I would definitely look to the barn caves to invest or purchase specifically because just the lack of availability and like Havasu and the fact that we probably won't see any more, you know, uh in our lifetime. So that's it.
SPEAKER_00:You know, Eric, since I have you here at the end, why don't you share a little bit about the feedback you and your team are getting about the barn caves from the community and other buyers and you know, people that you're engaged with on a daily?
SPEAKER_05:Yeah, I'll I'll be honest, probably too much. Uh as Ryan said, uh, you know, we're handling the sales right now for paradigm. So, you know, we take every uh project extremely seriously, and and paradigm is our focus. Our job is to execute and perform for Ryan and company at the highest level. And our focus is paradigm right now. And the fact that we're hitting, we're we're getting close to our 50% sell-off, we're gonna be able to slowly transition our focus into the barn caves. But you know, between Ryan's uh powerhouse of marketing, uh his entire team pushing this project, uh the awareness I think is by far a 10 out of 10. I don't think I've ever seen a project with more awareness besides you know maybe Havasi Riviera. So, you know, our entire team and their specific networks have almost become overwhelmed with interest because the project is still some time out. Um, but I think you know it's really cool to get the feedback personally, like, where where did you guys come up with this concept? And um I think the the surprise, the the aura uh is is there because really it's the oversized storage, you know, coupled with a New York penthouse of a stacker on top. I don't know if some of you have seen the interior renderings of this project, but they're absolutely stunning. I've never seen anything like this, let alone, you know, in Lake Havasu, uh let alone the county. So um overwhelmed with interest. The only thing I think we would like is to see barn caves come to market sooner.
SPEAKER_00:Yeah, that's true, right? Well, thank you, Eric. I appreciate it. So, guys, we'll get right into the bullet points too of the transaction. So, what we've uh we've narrowed down, and this has been a lot of back and forth to be candid, on uh just design and structure. And for those of you that know, we're actually bolting on um, or don't know, for those of you that don't know, we're actually gonna be bolting on solar components to this. And so as we got into the weeds with Unisaurus, the power company, we uh we realized that we need to do five foot setbacks uh for compliance and so from and from other building techniques as well. So we decided to go to a five-foot setback. The the units itself um continued to grow in popularity. Our finish work were able to try to start trimming down as far as certain finishes. So we brought down our unit count, but created a little bit more uh land space for the unit, which ultimately made more sense, uh, believe it or not. So we're at 97 units here, and then what we've decided to do um is to build a community center that was just kind of the focal point of the community. And just kind of given the nature of the, I would say the atmosphere of Lake Havasu and what it's missing, uh, one is a truly top of the line, more sophisticated uh tech driven gym. Um, and what happened was initially, and when we were going through the project, uh what we wanted to do was kind of look at it from a standpoint of trying to Lower your HOA costs. Eric will laugh at this, but one of the probably biggest selling features of paradigm storage is just simply how low our HOA are. And I don't care if you're a multimillionaire or a billionaire, nobody likes HOAs, right? And so we were like, okay, how do we how do we compress these costs, especially with a community center? And Lake Havasu is going to require a pool and some sort of community center. So as I was going through the budget initially, I quickly realized from an insurance cost alone, for those of you that are watching your insurance go through the roof, it goes across the board and everything. And you have people, you know, maybe out there drinking and partying. And so they, these insurance companies are smart. They know they're gonna they're gonna need to get some coverage. So the insurance policy was so high that was a hard stop for me. And it narrowed down where we were gonna end up pushing into about uh$350 to$400 a unit for HOAs. And that's just way too high. It's not realistic, and we'd have to tremendously discount the property just to get people to want to buy in there. So, how do we uh how do we separate that? So, what we decided to do is do a lot split and then look at this gym or or um community center and uh mimic the lifetime fitness model, which lifetime fitness, for those of you that don't know, uh is actually a multifamily developer. They did not build gyms originally, and they got smart and they said, okay, well, if you're in a primary market as an example and you have a big public gym, if you look at just kind of the trends, people want to go to a bigger public gym that has nicer equipment and more amenities rather than the little apartment gym that you know your your uh your resident uh has, right? So when we were looking at that, I said, well, it'd be smarter for me to take that building, separate it, open it up to the public, make it bigger, kind of cater to another revenue source. And as you generate cash flow to that building, it now has value. Because as you guys know, commercial real estate is all based on income approach, what it can produce in income. So if we have a building that's really tied only to the community center and only being used from the residential, that building has no value. It is only an amenity for the residential. And again, that cost for HOAs is high to man to manage it. So as I started looking at certain, you know, kind of PE models, I said, well, why don't we just do a lifetime fitness model? And as I started going through it and kind of doing my own data, and I've been coming out here for 25 years, I've gone to every gym in the city, and I'm like, okay, you know, this this should probably fit real well. And if you look at some additional data points, it made complete sense. So what we've done now is we've separated the gym from the residential component. We're gonna generate revenue just from the income alone from that gym, just from it being open to the public. Now that building has value, and then the income that building produces will maintain that amenity in essence for the residential. So now all of the people that own, you know, this uh this um uh uh these units can now go straight into the gym. And now they it's free for them, right? Their HOAs come down significantly, and they have access to the gym. They have a pool. The pool is actually designed like Club Drift, it's a mimicked design pool from Dubai. Um, so we're gonna bring in some uh some pretty cool and sophisticated um pool designs, as you can imagine. We're gonna be roughly uh in just a little north of 32,000 square feet. This will be an all-metal building, and we're gonna bring in all of the best equipment. We're talking, you know, arsenal equipment and some other really high-end stuff that people are really looking for nowadays. Uh, for those of you that we'll and we'll talk into this on maybe a later, a later uh webinar, but the data supporting health and wellness is big. Health uh uh the um uh healthcare industry is the fastest growing industry, uh, baby boomers as they get older, and so on and so forth. Since this is so big in uh a retirement community, the reality is we need to cater to that, right? Looking at more from a healthcare model. So that's really kind of the nature of you know the product. So not only 97 units of barn caves, which are gonna range from four different floor plans, 2200 square feet, three bedrooms, three baths, to four bedrooms, four baths, and thirty uh 2200 to 3300 square feet. So we're really excited. So, with that said, all right, so let's go to more of a collaborative kind of component. So, Eric, I know I'm I'm gonna kind of piggyback on you because we don't make money until we sell the property, right? So, so let's let's talk a little bit about from an investment side. What do you believe? No, no, let's you you have some money invested in paradigm now, right? And that's always nice because what I like to say, and it's a common word, is you're pregnant with me, right?
SPEAKER_05:So if you're putting some skin in the game, um I'm really I'm really pregnant, right?
SPEAKER_00:I know you're real pregnant with me. I think you have what four million bucks with me at the moment.
SPEAKER_05:Yeah, it's a lot of a lot of dough.
SPEAKER_00:Yeah, a lot of dough. So what's nice, guys, is that these are all people that are invested. Even our superintendent invested a couple hundred thousand. I think he's actually on the webinar as well. And uh, and that's really important for you to know because it tells you that the people that are involved are invested into the project. And that's number, that's that's the most important thing to see that there's a community of sophisticated people that are coming together to try to build something and it makes sense uh from a data point and for what the community needs and so forth. So, Eric, overall, you know, this product from what it makes sense in the in the community three bedroom, two bath homes, you know, big RV garages, double wide garages. Just talk a little bit about the different the amenities this have compared to you know projects in the foothills, even though it's completely different, but just kind of what the nature of the homes are like here in Havasu.
SPEAKER_05:You're gonna have to stop me if I start rambling because I'm gonna have I have so much uh just respect and admiration for you, Ryan, as a developer. Most a lot of developers figure out how do I do the least amount to maximize and maximize profit. I want everyone to look at the paradigm storage development. You guys have to realize um what Ryan developed at Paradigm Storage is not your typical storage development by no shape or form. The aesthetics, meaning how the project, you know, the the elevations, the 3D pop-outs that he created on the double wides to the guts of each unit, every unit having full insulation, climate control. This is not the norm for storage development, guys. Your typical storage unit in Lake Havasu is a four-wall steel box uh that looked like it just came out of a refugee camp. I mean, this is the aesthetics were unbelievable, but he didn't stop at the inside. We got to building C, and I'm walking the project one day, and all of a sudden I see RV hookups in the unit. I'm like, Ryan, we're now you're now adding RV hookups. He's like, oh yeah, we decided to make that decision in the field. So not every storage unit is going to be insulated, climate controlled, and have RV hookups and look like a futuristic build from the year 2050. I mean, these units essentially almost sell themselves because they are so upgraded in relation to the comp competition that it makes the exit so much easier for my sales team and I. Uh, because Ryan isn't, I mean, profit is important, don't get me wrong. But by adding a little bit more and making the project a little different, it helped us sell units tremendously quicker uh than we anticipated. And then we'd move to the barn caves and to the gym. Obviously, this gym looks like it's it's uh in some fancy Nashville Equinox, Los Angeles, you know, deal. And people are like, you know, are you overbuilding the storage units or is this gym too fancy? No, people havasu is trending that direction. Like Havasu has become probably the most sought-after destination for high-end water recreation in the entire country. It's one of the last lakes left with no speed limit, and that's attracted a clientele that is attracted to this. So, you know, when you look at the masses, what is the typical Havasu buyer need? And it's in the uh an abundant amount of garage space. So we've checked that box. And now the fact that there's a living component, the biggest kicker is that these units can actually be financed as opposed to current storage, where the typical way you would purchase those is by paying all cash. So now you get the storage, you get the living, you have the opportunity to actually finance, you've hit the main markers of what the buyers are looking for in this market. Uh, in my opinion, those things make for a pretty successful project.
SPEAKER_00:Yeah, thank you, Eric. Yeah, and so let's move over to uh Rob. I just wanted to kind of talk a little bit about the collaboration of it. Um, if you don't mind, share a little bit about kind of how we started and how much we went back and forth on this and elevators and you know, uh, you know, the decks and how big, you know, I want the deck compared to the garage and how we wanted to see the lake and certain sites and so forth. So, but yeah, just if you don't mind, share a little bit about the uh the beginning stages.
SPEAKER_04:Yeah, sure thing. So when we uh put together this plan, there was a lot of, you know, the obviously the focal point was the garage, and how do you maximize the garage and keep your circulation space so although it's necessary, doesn't uh impede upon really the garage space itself. So we came up with a couple of different options. We've worked with the civil engineer closely, and I think uh we've expanded this lot maybe three or four times at this point, just trying to maximize and keep every element. You know, we started with more units, but we found it better to have less units but offer more uh to each of the properties. Uh and coming up with a design, you know, Ryan had tasked us with, you know, hey, I want this to be a very masculine design. We want to celebrate the true beauty of raw materials, we want to see you know raw steel, we want to use steel beams as a focal point as opposed to covering them up with drywall. Um, right now we're in the process of working with Stephen and his expert team to put together, you know, what are the finishes actually going to be in these units as far as how do we make them so we can mass produce this and put them in any place that you want in the country. When we started this, it was like Avasu City only. And it's morphed, as you've heard, on this uh webinar to be you know a national, potentially international type of uh development, something that uh obviously has a lot of legs and a lot of excitement for everybody involved. Uh but yeah, and starting this thing, I think Ryan, uh knowing who Ryan is, had started with a concept. We gave him a floor plan two days later, he said, here's my rendering that I came up with. This I think will be amazing. This is uh this this group worked on it, they put it together. I'm like, buddy, you're you are going so fast. Let us think through the process before we start you know spending all your money. Two days later, we came up with another floor plan. We you know moved a few things around. We kind of incorporated some of the trendy elements of uh residential design. And two days later, again, without missing the beat, Ryan's right there again with another rendering. And like it's I kept telling him, like, you're going to like this cart's way before it's not it's not even a horse at this point, it's just a cart. Uh and this is the way he kept uh kind of kind of going. And and Steven has you know kind of learned that as we got along. I think he's got to see it firsthand uh on a number of occasions now. But um, the development was look, keep it simple. We want something contemporary looking, we want something that's low maintenance, we want something that when people show up, there's a pride of ownership, there's uh you know great views. I mean, we are three stories up in the air. You have views of the majestic Lake Avashoe, and you've got uh also a few views. I think you're gonna see the the river as it comes in. So there's a lot of uh there's a lot of excitement here. Um as we again, a lot of the things that we were looking at was how do you get as much light in these things, make them as desirable a place to live as you can. Because a lot of times, as we I mentioned earlier in the webinar, you know, you get five-car garage, where do you put the residence? What kind of viewer are you getting when you only have 1500 square feet? And this really to Eric's point, this is a Manhattan penthouse. This is this is you're not sacrificing anything by getting this. In fact, you are augmenting a lifestyle.
SPEAKER_00:Yeah, Rob, thank you. And like one of the big focal points too was uh an elevator, you know, having three stories. You know, a lot of people out here are going, you know, I even on our I think our Facebook, our social media posts, people are going, hey, what about an elevator? I don't want to walk stairs, right? And I'll be honest, I don't either. So uh at the end of the day, we wanted to make that a big focal point. So the way we've kind of set it up is, and I'll kind of give it a backstory. I actually um uh had an apartment in downtown Nashville, and when we moved our headquarters to Nashville in 21, um, I wanted to kind of get a lay of the land, right? The idea is to kind of go get a lay of land. If we decide to move the family out there, then we'll know kind of more about it about a year later. So I wanted to get something downtown, have a little bit of an office. And so got an apartment downtown. It was in a 26-story high rise. It was on 1200 Broadway, right where Whole Foods was. I was on the that was the retail component. And you go up to the you you go up and you park up on thinking like the third floor of the parking structure, and you cut you park right next to the little a double, uh, you know, uh basically the elevator. And what I loved is that I was able to get and rent a parking space right in front of the elevator. So I would get out with two trees or whatever I have, just literally take three, four steps, it felt like I would get into an elevator, go up the elevator, another, you know, 20 steps or so, and I'm in my apartment and I'm dumping my stuff right onto you know the counter, kitchen countertop. And I loved it, did not feel in any way, shape, or form that I'm having to go upstairs. I have a two-story, three-story building, or I'm living in a high-rise. It was just so well put together, uh, the well designed that that's what we try to do here. We actually moved the elevator more centralized. And what a lot of people uh will appreciate is not only do we have a 14-foot high RV door on one side, but on the opposite side, we have a standard two-car garage on the other side, so a little bit more economical for everyday use. But you can back your car in, pull your car in, and wherever your nose goes or your back end goes, you can grab all your stuff out of your car, you go right, literally go into the elevator, and it's a nice big elevator. You go up the elevator and you go right onto the second floor, and it also goes to the third floor, which is a master suite. And the other thing that I wanted to really touch on was because Habasu, in my opinion, is so big on entertainment. We always have people out here, I always host whether it's business or I have friends and family out here, it's just kind of the nature of the area. And the one thing I think we all do is we usually like to if we have people come over and you're you're scrambling, last thing you want to do is have to make your bed in your master bedroom, right? Like, oh man, I don't want to clean the master bedroom up. So by separating the master on a third story, we pretty much have a 360-degree view. It's very private, but it's also very, it just feels rich. So the idea was to also separate it from any of your guests. And in fact, the fourth or the first floor, uh, as far as the garage, there's an concept where you can actually build a mezzanine and another bedroom in there. So you can create more living space if needed. But if you go up to the elevator, you go up to the third floor, not only do you have your own private balcony going out the back, which by the way, guys, just think about it. This right here is 16 feet tall. You know, this is a big RV. It's not standard in a normal garage. So when you're on that second and third floor, you kind of feel like you're in a mini high-rise. It is the coolest feeling in the world. So if you're up on the third floor, that view is just going to be stunning. So that's really the idea was to make it feel rich, build it where it doesn't, it's not rich. It's trying to bring down our costs, but build something that's desirable, but people are really going to want, but is also going to be trendy uh and and needed for the future. So again, you know, one of the big things was was solar. You know, uh, for those of you that are in Havasu, you know, the power bill went up almost double, I think, or even more in in August. And that was a big deal. And in fact, Dennis, you remember that we had a meeting with the city at 10, and I think uh they had a power meeting with the city uh uh at uh I think it was eight o'clock, and there was it was real toxic, I heard. So you know, the whole city was at an uproar. So bring it being able to bring in the solar and be able to pass that savings from a utility to the end buyer is a big deal, right? Where again this is within the purchase price. So the solar comes with the home. You don't have to lease it, you don't have to do that stuff. So we're trying to look at it from a forward-facing how can someone afford it. Um, and uh give you a quick story and then we go over to to Steven here. But when I originally went on this, and I'm gonna I'm gonna say this because the lady, young lady that's watching this is gonna smile, but I actually originally created this for a really close friend of mine. She's a single mother, and I was trying to build these in a way where it was more affordable for the area. And it was just really, really, really difficult to try to get that for one reason is the city and the requirements and the infrastructure that's needed, we're dumping a lot more money in infrastructure than you typically would think. So this so the cost of the development had to go up. But the idea was to try to bring down our costs in a way that makes it more affordable. And in fact, this product, when it comes to sheer square footage and and uses of the garage, is going to be cheaper than any other product. So, therefore, there's going to be more demand from an affordability side. So uh uh, Jamie, if you're watching, I'm sorry it's not affordable anymore. I think it went up a little higher than we expected. But at the end of the day, you know, what the idea is is to try to continue to press cost, make it desirable, make it look it like it, because I think a lot of people are getting smarter about looking at real estate purchases as an investment, not something that they just want to get in and live in and raise a family anymore. Yes, that is a component, but they want to look at appreciation. They want to look at, you know, being able to have access in and out, uh low cost of maintenance and so forth. So again, all of those components were kind of married up to the overall um conversations that we've had with uh with everybody here on the on the uh the call. So, Stephen, do you um, you know, with your with your background and all the things that you've seen, you know, just throughout the country and in the industry, just kind of tell tell us a little bit about you know your thoughts on the structure of the barn caves, how unique it is, but it's also kind of in line with things that you've done in the past. So it's also not you know new to you, which is great because you're not inventing the wheel. Um, but yeah, if you don't mind, share a little bit.
SPEAKER_02:Well, this is great, and you've teed me up on so many things to talk about. Um, I'll try to prioritize. You know, the thing that attracted me most to the team and to the concept was knowing that in the building industry we are highly restricted, and we have building codes and standards all over the place, and it's difficult to be aware of what they are, and then it's really difficult to comply with all of those. So to be expert and to actually cut new territory to push the balloon, you have to know where the edge of the balloon is. And what has happened here that is really to the credit of this team, and one of the reasons I was happy to join, is that heretofore we've had technical restrictions like you can't have sleeping quarters in your garage, you can't live above a place where there might be vehicles or fuel. Uh building technology has come so far in 40 years, we have new materials and combinations of materials and material science has evolved to the point where we have technology transfer, for example, the elevators. No longer do we have elevator pits, no longer do we need pulleys and traction elevators, we have pneumatics. So the elevator concept that's been explored here is to put pneumatic elevators in that raise up and down in a piston, much like you would at a bank if you put a check in a in a little tube and send it through. You have pneumatic elevators as a possibility. The floor separation between the garage level and the living quarters is now such that a one-hour separation is even achievable with glass, if it's a certain dimension and a certain compound and acrylic. So we can get there now with these new materials that have evolved from other sciences. It used to be that plastic pipe wasn't even in construction, but that was a bit and that came about, and now you've got pecs, and it's a different form of plastic pipe where it's flexible, it can move. There are architects in my history who have been innovative and have done things like put your drywall walls on casters and move them around, rotate them. The changeability of the environment in this particular case with the barn caves was a real attraction. We are trying to build a contemporary box and systematize that box and have enough flexibility above the rock level that you can actually design your own palette of rooms. You have a choice, you have the ability to change things around within the bearing points outside wall to outside wall. So there's flexibility here, and to me, this is pushing the envelope, knowing where the restrictions are, and then how do we overcome them? And this team has done that in the design. Credit to Rob, credit to Ryan. This is uh real, a real step forward. You know, in my history, we uh we got where we are knowing the difference between an epiphany and a gestalt moment. And go there, the epiphany is when you realize that something you just did is correct, that you've seen it before, you've learned it, and aha, it makes sense. The gestalt moment is where you do something that's totally different, and maybe it's a combination of learned experience and experimentation and being told something, but it's different. And that's what we have here. It's a different design and it's exciting.
SPEAKER_00:Yeah, thank you very much. And then it comes down to the man who actually has to build it. So I'm just gonna call him every day when I'm sitting my ties and uh making sure that things are going well, Mr. Dennis. You know, what's your uh let's talk a little bit about the innovative side of this, kind of your uh your ability to read the pulse of the city too. And uh and I know that and Rob, feel free to piggyback off this because you're so tied in. But uh, Dennis, as far as the construction methods, you know, just kind of talk a little bit about your you know objective from the beginning all the way through this thing, and then, you know, uh just to kind of share one more thing, and I'll again I'll give you the mic. You know, one of the things because we've looked at mass production, a lot of developers are coming to us going, hey, look, the GCs that I work with now are not familiar with steel buildings. We're getting to a point where we're bringing on other specialists and uh third parties that can help us, in essence, create a Lego set. And then there's actually a certificate program where other GCs would actually come out and meet with Dennis. Dennis would then educate and help these other GCs throughout the country understand how to put this building together. So as I was saying earlier, there's there this is a much larger vision, but obviously these conversations are happening uh during early breakfasts with Dennis. But Dennis, if you don't mind, kind of your plan of attack and kind of just your involvement overall. And because I know you pretty much are uh you're retiring with me, buddy. So let's talk about that a little bit.
SPEAKER_01:Yeah, I mean, I've been very interested in the prefabricated building process for years. You know, they do this in Europe, they do it in other parts of the world. We don't do it a lot in the United States, or when we do, we do it more on a manufactured housing level. And when we first started talking about kiting this, which you know, creating kits that that you could literally put on a truck, there's a thousand different things that start happening in your head about okay, how does this all work? Uh, when Steven uh met us out at the ranch, we kind of went over this. Um Stephen and I just meshed immediately. I mean, our backgrounds in specialty projects and and just kind of this vision of understanding how to create something that doesn't actually exist right now, hinged components, uh pinned components that that literally would lay in a truck, uh, get to the job site, expand, and um create a structural member. Uh fascinating. Um, can't be more pleased to be part of it. But uh there's an awful lot of um attention to detail, more so than in a normal construction project where you're basically using standards and standards that are locally practiced, even not even code standards, but you know, just standards that are locally practiced and accepted by the building department to put something together in a way that's um uh very um rudimentary. This is a much more technical process, but very learnable, something that an unskilled or somebody with minimal skills can take a manual or with some extra training can literally uh put this together. I I think it's fascinating. It's got a lot of work um to put into it to get it to the point where we can kit it and uh people can understand how to do this. Um, but I'm I'm fascinated with the process. It's gonna be very interesting.
SPEAKER_00:Yeah, thank you. Rob, anything just piggyback off that?
SPEAKER_04:Well, I think Steven said it best uh earlier, and that's that when you kit something like this, you really have a whole bunch of unique jurisdictions that have unique geological and uh you know, like different weather conditions, different uh geological concerns that have to be addressed. So, in getting this, bringing in experts from larger structural firms across the nation to help uh come up with components that will that will be acceptable in Arizona, but also in Tornado Alley and also along the coast. There's so many moving parts that go into this, but I think you had referenced in your first question uh to Dennis, uh Ryan, about the trend in like Apasou, and you know, do we think this is something that'll be able to be built? And you know that you already assembled the best team to put this thing together, buddy.
SPEAKER_00:So I think you can Yeah, I already know we can do it. I've we wouldn't be this far along if we didn't think so at that point, right? No, but as far as the innovation side for the city, I think from the buzz that I'm getting, and correct me if I'm wrong, but it seems like even you know, people that are inside the building department are curious and excited and seeing it, it just seems that there's a lot of good positive energy and feedback just kind of throughout the whole community.
SPEAKER_01:Yeah, they are, and and bringing in the expertise that we're bringing into this project is one of the components to that. Again, the city doesn't have that happen often. So um I think this is a special project for the city. It it probably will move the needle for the quality and standard for quality um that will be expected.
SPEAKER_04:And just as an aside to that, the uh the current zoning of the property is manufactured residential uh housing. And when the city has heard that this is coming, uh we've been met with open arms and not only open arms, but they've asked us to move at an accelerated pace just to make sure that we get that uh manufactured housing zoning out of there. So they've been very uh forthcoming and very helpful in making sure that we get what we need.
SPEAKER_00:Yeah, no, it's been great all the way down to even you know our own private you know meetings with Unisource and being so hands-on on you know whether it's easements and how that's gonna maneuver around the the units down to you know even the solar component, they were really excited about that, you know, and um from kind of some of the some of the research we've done, and don't hold me to this, this is probably one of the largest residential um solar fields that are gonna be in the state of Arizona. So you get a lot of positive feedback from that. But as you can imagine, if we're not pulling against the grid and we're not pulling on Unisource, maybe even possibly providing them some power, you know, we're gonna get a lot of support from them too. So a lot of really good stuff. So other than that, guys, you know what? I really appreciate it. I like to try to stay right at an hour. We're 58 minutes. So is anybody has any last words, please do. Uh Ryan, I'm sorry, I don't mean to put you, make you the red-headed stepchild. We just got to start giving you some plans, buddy, and you can start building some stuff for me. So, but um um yeah, anything else anybody wants to say?
unknown:We good.
SPEAKER_03:Well, I gotta tell you guys, I just can't wait to uh to uh uh build some of these things that uh Steven has in mind and and Rob has in mind. And uh I look forward to uh the technical the better. And I look forward to making this easy and simple for Dennis and uh quick and uh getting this deal together the best that we can and and uh look look really look forward to this project. So it's gonna be a fun project, and uh I feel that it's gonna get my factory to capacity. So I'm real excited about that and real excited to be partners with all these guys. So great investment, great, great project. I can't wait to have one myself. Thank you, Ryan, for having me part.
SPEAKER_00:You know what, Ryan, just to kind of last last words here on some of our conversations, even the one we had, I think, Friday night. But um, you know, obviously you're one of the larger um uh uh employers here in the city. This would definitely make you one of the largest employers in the city if we're able to grow that, grow your side that quickly, uh, or grow it at all at that at that point, as far as what you're gonna need for labor, which is great, you know, because ultimately you're helping the community even further, right? It's just all the it's a what we what I like to think is this is a an impact play. It's a positive impact for so many good reasons. And I I think it's I think it's great. But uh, you know, lastly, I think you and I were just, and I'm not gonna hold you to it, right? But I think we were talking about even possibly being able to cut about three units a day, you know, with the current machinery that you have. I mean, if we're pumping up three units a day, we could do quite a bit of units. So, you know, I'll give you guys an idea of retainer.
SPEAKER_03:Yeah, very retain everything through the garage doors, steel and the soft steel, um, through steel. Airwalls and everything else, I think, is very attainable as we gear up for sure.
SPEAKER_00:And that's what I think that's the coolest part. You know, and basically you can look around this entire facility and say we literally designed and built for the most part all of it. You know, how cool is that? So that's really cool.
SPEAKER_03:Be able to do it first class too and and give a better quality uh than the norm. So that's what we're really looking forward to.
SPEAKER_00:Yep. And even open up this this new way for other builders. You know, other builders can come in and and you know get access to some of this equipment and get access to some of this the strategy and techniques that you're doing and and even help them compress their costs and give back to the in buyers and try to bring down the pricing on some of these uh units that are out here because that's the one thing. People just want to see more affordable housing, and if we can kind of create some sort of movement towards that, that'd be great too, right? For everybody. It's all about helping the community all the way around. So great, guys. I really appreciate your time. I like I said, you guys are stellar, you guys are just I truly appreciate every conversation and time I spent with all of you. And uh we're off to the next. So thank you guys, really appreciate it. And for all of you that are watching, um, you guys can reach out to us. We're gonna be sending you an email. My staff will reach out to you, ask, answer any questions you may have. Uh, I'm always available and uh make myself uh accessible to anybody who has uh deeper rooted questions. And then I also uh always welcome people to come out and do site visits and kind of take a look at the the man cave that we built here. We got a party in one race simulator, we got a golf simulator that I think uh uh Eric comes in in here and doesn't even tell us he's here and he just golfs all the time and you know kind of gets a couple posts in and gets out of here. So but thank you guys all. Really, really appreciate it. You guys have a wonderful day and Merry Christmas and hope you guys uh a wonderful holidays. We'll talk soon.
SPEAKER_01:Bye.
