4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

4 - Safe & Green Development Corp (0001959023) (Issuer)

MIAMI, Feb. 4, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SGD" or the "Company") is pleased to announce that its subsidiary, LV Peninsula Holding LLC, has entered into a definitive agreement (the "Purchase Agreement") with Lithe Development Inc. for the sale of one of its Lago Vista projects located at 1900 American Drive, Lago Vista, Texas 78645. The agreed-upon purchase price for the property is $6.575 million. The Purchase Agreement was signed on January 30, 2025, and the closing is expected to take place on or before February 12, 2025, subject to final approvals and financing conditions necessary to complete the transaction. "We remain committed to unlock

MIAMI, Jan. 30, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SGD" or the "Company") today announced the resolution of certain inter-company financial obligations with Safe & Green Holdings Corp. (SGBX). Under the terms of the agreement, SGD has forgiven and released SGBX from obligations under a promissory note dated August 9, 2023, with a principal amount of $908,322.95 and intercompany advances of $815,522 (which SGD had previously written off its balance sheet as of 12.31.23) in exchange for SGBX forgiving $394,329 of inter-company debt owed to SGBX by SGD and for SGBX transferring 276,425 shares of SGD Common Stock owned by SGBX to SGD. SGD currently plans

MIAMI, Jan. 16, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) (the "Company") is pleased to announce the closing of twenty-two (22) lots in South Texas for a purchase price of $440,000 by its Sugar Phase residential development project. In conjunction with the closing Sugar Phase I LLC has secured a loan of approximately $1,092,000 paving the way for construction to commence on the next 7 homes in the Sugar Developments.  This next phase of construction marks an exciting continuation of the Company's efforts to develop affordable and sustainable housing in the South Texas region. Building on the success of the initial five homes in the Sugar Developments, which ar

MIAMI, Jan. 6, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SGD" or the "Company"), a real estate development and innovation company, is announcing that its first 5 homes from the Sugar Phase 1 development are nearing completion and have all been listed for sale. In the development of these homes, the Company has undertaken serious consideration for the current regional housing affordability issues and accordingly created a value proposition for both the buyers benefit and the Company's objectives as well in having sound and positive financial results from the sales of these homes.  The Company is utilizing a multi-agent strategy in addition to its in-house tec

MIAMI, Dec. 27, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SGD" or the "Company"), a real estate development company, is excited to share its expected timeline for completion of its joint venture developments in Southern Texas. The timeline below is only considering the existing portfolio of joint ventures; however, the Company will look to continue to expand its portfolio of joint ventures and initiate development on its existing joint venture properties in Oklahoma and Georgia. 2025 The Company expects to complete all 35 homes in the Sugar Developments throughout 2025. Additionally, the sitework for the 57 lots at Hacienda Olivia Phase II will be completed

MIAMI, Dec. 18, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SGD" or the "Company"), a real estate development company, is excited to share its 2024 Year In Review highlights, including the strategic sale of the St. Mary's property, the progress of the Sugar Phase I Development, the acquisition of additional single-family lots in South Texas and the closing of multiple construction loans. A Message from CEO David Villarreal: "We believe we have set the stage for rapid growth on a defined path throughout 2025 and beyond. We have executed contracts to strategically monetize several of our existing land holdings, which will eliminate high interest debt to allow us

MIAMI, Nov. 26, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company"), a real estate development company, is pleased to announce a significant milestone in the progress of its Sugar Phase I project in South Texas (the "Project"). The Company has successfully completed 50% of the Project, marking a critical step in its construction timeline. The Project, now halfway through its construction, is an integral part of SG Devco's strategy to deliver high-quality single-family homes in rapidly growing communities. The Project is on tra

MIAMI, Nov. 20, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company"), a real estate development company, is pleased to announce that it closed the sale of its St Mary's Property to Pigmental Studios for $1.4 million on November 18, 2024. The Company realized approximately $1.1M in net proceeds from this closing. The property was sold as part of the Company's previously announced goal to strategically monetize some of its real estate holdings that have increased in value. This sale will help reduce debt and increase the Company's cash position. Additionally, the Company continues to evaluate offers on its Lago Vista Parcel, the most recent of

MIAMI, Nov. 19, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") announces it entered two additional joint ventures for the purpose of developing and constructing single-family homes in South Texas. Through the new joint ventures, SG Devco has secured an additional 160 lots bringing the total pipeline in South Texas to over approximately 250 lots for single family home development. The 160 lots are spread across two separate parcels totaling 21 acres that will be developed sequentially. Hacienda Olivia Phases III & IV will be the continuation of Hacienda Olivia Phase II, which is currently undergoing horizontal development with t57 lots

MIAMI, Nov. 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") today reported financial results for the three months ended September 30, 2024. Recent Operational Highlights: -          Secured up to $10M investment from Arena Investors-          Expanded Pipeline with 3 Joint Ventures in South Texas-          Regained Compliance with NASDAQ Minimum Bid Price Requirement-          Started Construction on 6 Homes & Closed Construction Loan in South Texas David Villarreal, CEO of Safe and Green Development Corporation, remarked, "The third quarter and beginning of the fourth quarter have been defining time periods for the Company's strate

MIAMI, Jan. 30, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SGD" or the "Company") today announced the resolution of certain inter-company financial obligations with Safe & Green Holdings Corp. (SGBX). Under the terms of the agreement, SGD has forgiven and released SGBX from obligations under a promissory note dated August 9, 2023, with a principal amount of $908,322.95 and intercompany advances of $815,522 (which SGD had previously written off its balance sheet as of 12.31.23) in exchange for SGBX forgiving $394,329 of inter-company debt owed to SGBX by SGD and for SGBX transferring 276,425 shares of SGD Common Stock owned by SGBX to SGD. SGD currently plans

MIAMI, Nov. 19, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") announces it entered two additional joint ventures for the purpose of developing and constructing single-family homes in South Texas. Through the new joint ventures, SG Devco has secured an additional 160 lots bringing the total pipeline in South Texas to over approximately 250 lots for single family home development. The 160 lots are spread across two separate parcels totaling 21 acres that will be developed sequentially. Hacienda Olivia Phases III & IV will be the continuation of Hacienda Olivia Phase II, which is currently undergoing horizontal development with t57 lots

MIAMI, Fla, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company"), today announced that it has closed on the previously announced acquisition of Majestic World Holdings ("MWH"), a real estate technology firm and owner of the Xene AI Software platform ("XENE Platform").  The purchase price for the acquisition consists of an aggregate of $500 thousand in cash to be paid over 5 quarters and 500,000 shares of SG Devco restricted stock valued at $1.075 million, or $2.15 per share. Under the terms of the agreement, Matthew Barstow, MWH CEO & President will become Senior Vice President of Innovation at SG Devco. The acquisition is a mi

Company to Host Conference Call Today, November 14th, at 4:30 PM Eastern Time (details below) Safe & Green Holdings Corp. (NASDAQ:SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, reported results for the three months ended September 30, 2023. Recent Highlights: Achieves 48% year-over-year increase in manufacturing & construction services revenue for the third quarter of 2023 SG Echo awarded multi-million-dollar contract to supply additional modular units to a long-standing private infrastructure solutions client SG Echo received Louisiana licensure to ta

MIAMI, Nov. 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") today reported financial results for the three months ended September 30, 2024. Recent Operational Highlights: -          Secured up to $10M investment from Arena Investors-          Expanded Pipeline with 3 Joint Ventures in South Texas-          Regained Compliance with NASDAQ Minimum Bid Price Requirement-          Started Construction on 6 Homes & Closed Construction Loan in South Texas David Villarreal, CEO of Safe and Green Development Corporation, remarked, "The third quarter and beginning of the fourth quarter have been defining time periods for the Company's strate

MIAMI, July 22, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is thrilled to announce their participation in the $400M Pigmental Studios Development project set in St Mary's, coastal Georgia. While the property is currently in the process of closing, SG Devco is committed to collaborating closely with Pigmental Studios to ensure the success of this groundbreaking endeavor. The Pigmental Studios Development project is intended to impact the entertainment industry by providing state-of-the-art infrastructure and resources for the production of high-quality media content in the live action, visual effects, animation, and immersive storyt

MIAMI, June 14, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce a strategic agreement with Trio Residential LLC ("Trio") (https://www.thinktrio.com/) . This collaboration adds Trio's innovative home financing solutions into SGD's Xene Home AI Platform ("Xene") (https://xenehome.com/), with the goal of making homebuying more achievable for more customers. By adding Trio's, lease-to-own and seller financing programs into SGD's Xene, the collaboration aims to empower customers from diverse backgrounds to achieve their dream of homeownership. Trio's home financing solutions will expand the range of options available t

MIAMI, June 11, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the full integration of MyVonia™, its recently acquired advanced artificial intelligence (AI) assistant, into the Xene platform. This strategic move marks a significant milestone in SG Devco's ongoing commitment to technological innovation and enhanced user experience in the real estate industry. The integration of MyVonia into the Xene AI Platform is expected to offer immense potential for realtors. By leveraging MyVonia's advanced capabilities, realtors can receive personalized assistance, tailored market insights, and data-

MIAMI, June 7, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is excited to announce the closing of the acquisition, and the launch, of MyVONIATM, an AI-powered personal assistant designed to help simplify daily tasks and improve productivity for individuals and businesses. MyVONIA aims to assist with managing both personal and professional tasks. MyVONIA provides a range of features tailored to meet various user needs. The Company is offering flexible subscription tiers to accommodate different levels of usage. For more information about MyVONIA and to explore subscription options, please visit https://myvonia.io/ David Villarreal, CE

MIAMI, Fla, May 21, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG DevCo" or the "Company") is providing an update on the planned sale of its St Mary's property. The parties have mutually agreed to extend the closing date of the sale to June 20, 2024.  In recognition of the additional time granted, SG DevCo has reached an agreement with the buyer to increase the purchase price from $1,350,000 to $1,400,000. In addition, the purchase price will be paid in cash on the closing date as the parties have agreed to eliminate the $450,000 promissory note that was part of the original deal. These changes will not only streamline the closing process but will

MIAMI, May 15, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") today reported financial results for the three months ended March 31, 2024 and provides a business update. Operational highlights from the first quarter of 2024: Initiated a Strategic Property MonetizationExecuted Contract to Sell St Mary's Site for $1.35MAcquired XENE Real Estate AI SoftwareSecured Financing for Norman Berry Expansion in Atlanta, Georgia David Villarreal, CEO of Safe and Green Development Corporation, remarked, "The first quarter has proven to be an exhilarating period marked by numerous achievements that we believe has positioned us as an int

MIAMI, FL, May 09, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce its partnership with Affiliated Services Group (ASG) to offer mortgage banking related services on its innovative Xene platform across 49 states in the U.S.  ASG, an industry leader in mortgage banking services, is bringing its extensive experience and expertise to this venture. By joining forces with SG Devco, ASG is further solidifying its commitment to providing top-notch, sustainable financial solutions to homeowners nationwide. This collaboration will allow both companies to deliver seamless and efficient mortgage services to customers acro

Technology will provide users with a virtual AI assistant via textMyVonia currently available for a limited time on a trial MIAMI, Fla, May 07, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce that it has entered into an agreement to acquire MyVONIA, an advanced artificial intelligence (AI) assistant, subject to certain closing conditions. Closing is expected during the second quarter of 2024. MyVONIA utilizes machine learning and natural language processing algorithms to provide users with human-like conversational interactions, tailored to their specific needs. MyVONIA does not require an app, or website

MIAMI, Fla, April 30, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ:SGD) ("SG Devco" or the "Company") is pleased to announce it has entered into an amendment to its original contract for the sale of its St. Mary's site to extend the closing date. After evaluating the current timeline, the closing of this transaction is expected by May 30, 2024, with the transaction potentially concluding as early as May 15th. This transaction will yield in excess of $1M in non-dilutive capital, bolstering the Company's operational capabilities. Furthermore, the Company announced that the closing for this transaction will take place via SG Devco's online real estate market