Safe and Green Development Expands Joint Venture in Edinburg, Texas with Acquisition of 22 Additional Single-Family Lots, Building on Previous Acquisition; Expected to Close Within 60 Days, Aiming to Deliver All Homes by End of Q2 2025
Portfolio Pulse from Benzinga Newsdesk
Safe and Green Development (SGD) has expanded its joint venture in Edinburg, Texas by acquiring 22 additional single-family lots. This acquisition builds on a previous one and is expected to close within 60 days. The company aims to deliver all homes by the end of Q2 2025.
August 15, 2024 | 1:04 pm
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Safe and Green Development (SGD) has acquired 22 additional single-family lots in Edinburg, Texas, expanding its joint venture. The acquisition is expected to close within 60 days, with all homes to be delivered by the end of Q2 2025.
The acquisition of additional lots and the expansion of the joint venture indicate growth and potential revenue increase for SGD. The timeline for closing and home delivery provides a clear roadmap for investors.
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