Real Estate News

Harbor Custom Development, Inc. Enters Contract to Sell 24 Developed lots in Blaine, Washington for $4,800,000

Gig Harbor, Washington , Nov. 11, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a contract with MainVue WA, LLC for the sale of 24 developed, view lots in the Horizon at Semiahmoo community in Blaine, WA for $4,800,000.

NewLake Capital Partners Reports Third Quarter 2021 Financial Results

Third Quarter 2021 Revenue Totaled $8.1 Million, an Increase of 22% Sequentially and 135% YoY

Net Income Attributable to Common Stockholders totaled $2.7 Million or $0.14 / basic share, FFO of $5.2 Million or $0.27 / basic share, and AFFO of $6.0 Million or $0.31 / basic share

Closed Initial Public Offering for Gross Proceeds of $102 Million in August 2021

NEW CANAAN, Conn.

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