and positive economic indicators. Their disciplined land investment approach, augmented by deep local market knowledge and relationships, has helped us acquire exceptional land and lots in their key growth markets. As a hybrid homebuilder and land developer, They are strategically positioned to either build new homes on their lots or to sell our lots to third-party homebuilders, helping to maximize risk-adjusted returns as market conditions warrant. They build and market a diverse offering of innovative single-family homes through our wholly-owned subsidiary, Benchmark Communities. Their impressive growth has been fueled by our proven management team that boasts more than 100 years of collective real estate experience.