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PGUS got some more press here> Quote: Desp

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Post# of 597
(Total Views: 296)
Posted On: 08/01/2017 1:39:02 PM
Posted By: WinstonNC
PGUS got some more press here>



Quote:
Despite Recent Slowdown, Outlook for New Builder Projects Continue to Improve

MarketNewsUpdates.com News Commentary


PALM BEACH, Florida, August 1, 2017 /PRNewswire/ --

Last week's GDP growth was a confidence builder for developers as the improving labor may be expected to provide support for continued growth. The shortage of inventory in spots has kept prices on the rise as some experts do not expect the market to stumble as long as there is continued job growth, an increase in wages, and demand continuing to grow among Millennials. Active developers and builders in the market today include: ProGreenUS, Inc. (OTC: PGUS), Hovnanian Enterprises Inc. (NYSE: HOV), PulteGroup Inc. (NYSE: PHM), D.R. Horton Inc. (NYSE: DHI) and KB Home (NYSE: KBH)


ProGreenUS, Inc. (OTCQB: PGUS), is a U.S. company engaged primarily with investments in agricultural and real estate projects in Baja California, Mexico, both through its joint venture partnership with Inmobiliaria Contel S.R.L.C.V. (Contel) and through its majority-owned Mexican subsidiary Procon Baja JV (Procon), http://www.CieloMarBaja.com.

ProGreenUS, Inc. today launched the second pre-sales reservation offer for lots in the planned 5,000-acre oceanfront development, Cielo Mar, in Baja California, Mexico. The first reservation offer closed in June. Cielo Mar, located in the Bahia del Rosario (Bay of El Rosario) on the Pacific Coast of Baja, is being designed as a gated, resort-style international vacation and retirement community with integrated solar roofs on every home, and green, sustainable technology throughout. "The temperate climate on the west coast of Baja California closely matches that of San Diego, where it is never very hot or very cold," says Jan Telander. "With this climate and the abundance of sunshine year-round, there are few locations on earth as well-suited for all that we are planning for Cielo Mar." Read this and more news for ProGreenUS at https://finance.yahoo.com/quote/PGUS/press-releases?p=PGUS.

This second reservation offer is limited to 5 Oceanfront, 10 Golf and 35 General lots. Reservations secure for the holder a priority for choice of lots, as well as a 40% discount to the prices that will be listed at the time of the public market launch, once the Master and Parcellation Plan has been published. No subsequent reservations will be offered with this discount. Interested parties may place their reservations on the development's website at http://www.cielomarbaja.com.


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