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Sage Ranch adds new CEO

Greenbriar Capital Corp.

Greenbriar Capital Corp. ("Greenbriar") is pleased to announce that it has appointed Paul M. Morris as CEO of Sage Ranch to represent Sage Ranch in the community and beyond, including communicating with the City of Tehachapi, collaborating with local vendors and leading marketing efforts. Stuart Nacht will be the construction adviser to the team.

Paul is a significant Keller Williams' Regional Owner for Central and Southern California, where he oversees 36 offices with 7,000 realtors who close $18 billion in sales volume per year. Additionally, as CEO of Forward Living, Paul has grown his own offices to become Keller Williams' No. 2 franchisee with 3,000 realtors and $7 billion in annual closed volume. Paul and his team have led Keller Williams Realty to the No. 1 spot for Market Share in Los Angeles.

Real Trends 500 ranks Paul's group as the 24th largest real estate brokerage firm in the U.S. and the 2020 Swanepoel 200 ranked Paul as the 64th most powerful person in residential real estate in the U.S.

Paul is a prolific entrepreneur, real estate investor, author, trainer and business consultant. As an active investor, he has grown his real estate portfolio to more than 700 rental units. He is the author of the New York Times bestselling book, "Wealth Can't Wait" (www.wealth.org).

Prior to real estate, Paul had a successful legal career - highlights include his work at the international law firm Proskauer Rose, and as Senior Counsel at the US Department of Justice consistently reporting to the US Attorney General and Counsel to the President.

Paul has a degree in economics from the University of Pittsburgh, a Masters in Management from Oxford University, and a JD from Cornell Law School.

Paul states "I am extremely excited to work collaboratively within this amazing community. Over the last ten years that Keller Williams has had a presence in Tehachapi, I have come to know and respect the uniqueness of this wonderful city. At a time when many businesses are scaling back, Sage Ranch offers a boost of economic magnitude for the City of Tehachapi. Sage Ranch will bring the City over $350 Million of construction expenditures, $18 Million of new City fees upon completion, $20 Million of new annual consumer business to the famous historic downtown, and over $3.5 Million of new annual property taxes when completed. Sage Ranch will be the most carbon neutral footprint of any new subdivision in California. The engineering and aerospace communities in need of housing will benefit from this lifestyle choice currently not available in neighboring cities. We respect the City's desire to have not just any development, but the right developments and I know we will deliver for the City of Tehachapi and all of its current residents."

Greenbriar is a leading developer of sustainable real estate and renewable energy with long-term, high impact, contracted sales agreements in key project locations led by a successful, industry-recognized operating and development team.

On behalf of Greenbriar's Board of Directors, CEO and Director Jeff Ciachurski states that "Paul embodies servant leadership and we are proud to be in business with him."