Mike Mogis and Conor Oberst are more than just Bright Eyes and Monsters of Folk bandmates -- they're also neighbors. The lawns of their homes in Omaha, Neb. are joined by A.R.C. Studios, where Mogis has been recording and producing albums for a variety of artists like Sea Wolf, Pete Yorn and Strokes singer Julian Casablancas.

Mogis has been producing everything there, except for Bright Eyes. "[Building it] was something Conor and I did for Bright Eyes' sake, but Bright Eyes is the one band that's never recorded here," Mogis told Spinner.

Mogis is mixing some Bright Eyes material there he says is intended for b-sides and 10-inches, and he and Oberst intend to get down to business when they finish the Monsters of Folk tour, which begins in mid-October. They are already working on a few ideas, just grabbing each other and walking into the studio. "We text, 'Do you want to come and listen to this guitar part,' and he'll come up," says Mogis.

The eponymous Monsters of Folk album, which also came out Sept. 22, was partially recorded at A.R.C. with Mogis, Oberst, M. Ward and My Morning Jacket's Jim James (credited on the album as "Yim Yames"). "We hung out all the time," says Mogis. "We all kind of still lived together in a big commune, or a big compound."