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This profile was automatically generated using 21 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 21 references found on the Internet. This information has not been verified. Learn more...
Employment History
View...Board Membership and Affiliations
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1. Company Brochure
www.korekland.com/about.htm - [Cached]Published on: 8/3/2007 Last Visited: 8/3/2007
Mr. Chris Canaday President -
2. Desert Dispatch - Full Story
www.desertdispatch.com/2005/11 - [Cached]Published on: 1/14/2005 Last Visited: 1/14/2005
Chris Canaday, owner of Canaday and Co., said Thursday he submitted three tentative subdivision maps to the city shortly before Christmas to kick-start the construction process on his Rimrock Ranch project.
Canaday formed Rimrock Ranch Investments LLC in June 2004 and closed escrow on the 560-acre property in early July.
The first subdivision will be divided into three communities, slated to begin toward the end of the summer, he said. He added that he intends to take contractor bids on the project by late spring.
The first community will be aimed at entry level buyers, with homes tentatively sized around 1,400 square feet, and will be called Clearview at Rimrock Ranch, he said. It will account for 106 of the 459 homes to be built.
The second community of 132 homes will be called Skyline at Rimrock Ranch, aimed at mid-level home buyers, he said. Homes will tentatively run around 1,800 square feet each.
Homes in the third planned community, which will be known as the Estates at Rimrock Ranch, will sit on minimum half-acre lots, Canaday said. The semi-custom homes at 2,000 square feet or more and will be aimed at high-end customers, he said. It will account for 221 of the total homes to be built in the first subdivision.
"It's going to be fabulous community," he said. "And this initial phase will give us an idea of what people in Barstow want to buy."
Canaday said he had yet to put a price tag on any of the homes but that most of them would contain either three or four bedrooms apiece. -
3. TecHome Builder § Saving Time with Digital As-Built Docs
www.techomebuilder.com/collabo - [Cached]Published on: 9/18/2005 Last Visited: 9/18/2005
Like a lot of builder/developers, Chris Canaday, president and owner of Canaday & Company in Tustin, Calif., likes to know exactly how much a project is going to cost and what his profits will be before he even purchases the land. Sometimes, determining the total ROI on a project can be difficult, especially when he must estimate the land price, sales prices for each unit, total construction costs, fees and permits, advertising, model home operation, sales commissions, loan draw costs, overhead and many other variables.
'In a 24-month project, that's a lot. If one number changes, they all change,' says Canaday, who builds mostly in small subdivisions. For years, he used a simple program to calculate cash flow and budgets. It worked, but it wasn't flexible. Canaday emphatically says the company is '300 times more productive' since he embraced software in his business. Ten years ago, he built 50 to 70 homes. In 2004, Canaday & Company built 200 homes and is now working on a 270-lot project with a 1,500-home project in the hopper.
Using a new software system that helps track projections has been key to the growth. '[The software] is great at giving me the 'what-ifs' for front-end feasibility. In 15 minutes I can create pro forma reports for cash flow, equity and ROI in whatever timeframe I want ... per month, per quarter or per year,' says Canaday.
With his new larger projects on the drawing board, Canaday is also excited about using software to help him better calculate and track land purchasing and entitlements and land development scheduling process.

