STAC principals each have over 20 years of experience managing portfolios of real estate and mortgage-backed securities. At present we believe the home building sector suffers from a lack of financing and that a supply imbalance exists for affordable new homes. These factors result in a strong risk adjusted return opportunity and we believe that a combined model home leaseback and finished lot financing strategy is the best executable to monetize the opportunity. STAC principals are committed to the strategy and own over 20% of assets funded to date.