Real Estate News

Harbor Custom Development, Inc. Reports 2021 Third Quarter Results

GIG HARBOR, Wash., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ: HCDI; HCDIP; HCDIW, HCDIZ), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced the financial results for the third quarter ended September 30, 2021.

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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