Safe and Green Development Corporation Sells First Phase of Homes
Safe and Green Development Corporation Sells First Phase of Homes
Safe and Green Development Corporation (NASDAQ: SGD) has reached a significant milestone by successfully contracting all five homes in the first phase of its Sugar Joint Venture with Milk & Honey, LLC. This exciting development highlights the company’s commitment to providing high-quality housing solutions while catering to growing demand in the real estate market.
Successful Marketing Efforts
Through strategic marketing initiatives, the company, in collaboration with its real estate partners, managed to secure agreements for all contracted properties. The homes, located in Edinburg and Weslaco, Texas, have piqued considerable interest, reflecting the effectiveness of the team’s outreach and promotional strategies.
Details of the Properties Contracted
The five homes now under contract include:
- 3005 Rio Red Circle, Edinburg, contracted for $195,000
- 2939 Rio Red Circle, Edinburg, contracted for $195,000
- 2965 Rio Red Circle, Edinburg, contracted for $195,000
- 2953 Rio Red Circle, Edinburg, contracted for $195,000
- 230 N Pino Street, Weslaco, contracted for $170,000
Future Developments and Goals
Looking forward, Safe and Green Development Corporation is preparing to embark on the next phase of its housing projects. The company is expected to receive necessary permits soon, allowing it to start construction on an additional set of seven homes. These new homes are anticipated to be market-ready by the second quarter of 2025. This timeline aligns with the company’s ambitious goal of completing a total of 55 homes throughout the year.
About the Company
Established in 2021, Safe and Green Development Corporation is dedicated to real estate development, focusing on acquiring and investing in properties nationwide with a vision towards transforming them into sustainable single or multi-family developments. The company also operates Majestic World Holdings LLC, which offers an innovative real estate AI platform aimed at increasing margins through enhanced mortgage services and down payment assistance.
Innovative Technology Integration
In addition to real estate development, the company’s subsidiary, MyVONIA Innovations LLC, manages MyVONIA, an AI-powered assistant designed to streamline daily tasks for individuals and businesses. This integration of technology signifies a forward-thinking approach within the housing sector, emphasizing efficiency and productivity.
Contact Information
For more details regarding investor relations and media inquiries, please contact:
Barwicki Investor Relations
Andrew@Barwicki.com
516-662-9461
Frequently Asked Questions
What is the main achievement reported by Safe and Green Development Corporation?
The company successfully contracted all five homes in the first phase of its Sugar Joint Venture.
Where are the contracted properties located?
The properties are located in Edinburg and Weslaco, Texas.
What are the plans for future developments?
Safe and Green Development Corporation plans to start construction on an additional set of seven homes, expected to be completed by the second quarter of 2025.
What technology does the company utilize in its projects?
The company uses an AI platform developed by its subsidiary, Majestic World Holdings LLC, to enhance efficiency in real estate transactions.
How can investors get in touch for inquiries?
Investors can reach out via email to Andrew@Barwicki.com or by calling 516-662-9461.
About The Author
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