Streetbeat News

SGD

Safe and Green Development Corporation

https://www.safeandgreenholdings.com/modular-development

Industry

Real Estate - Development

Safe and Green Development Corporation operates as a real estate development company. It focuses on building single or multifamily projects. The company was formerly known as SGB Development Corp. and changed its name to Safe and Green Development Corporation in December 2022. The company was incorporated in 2021 and is based in Miami, Florida. Safe and Green Development Corporation is a subsidiary of Safe & Green Holdings Corp.

Open

2.39

Mkt cap

3.4M

Volume

14K

High

2.39

P/E Ratio

N/A

52-wk high

53.80

Low

2.21

Div yield

N/A

52-wk low

1.45

Safe and Green Development Corporation (NASDAQ: SGD) has reached a 50% completion milestone for its Sugar Phase I project in South Texas, marking a significant step in its construction timeline.

Portfolio Pulse from

November 26, 2024 | 2:15 pm

Safe and Green Development Corporation (NASDAQ: SGD) has sold its St Mary's Property to Pigmental Studios for $1.4 million, realizing approximately $1.1 million in net proceeds.

Portfolio Pulse from

November 20, 2024 | 2:15 pm

Safe and Green Development Corporation (NASDAQ: SGD) reported its Q3 2024 financial results, highlighting a $10M investment from Arena Investors, three new joint ventures in South Texas, compliance with NASDAQ's minimum bid price, and the start of construction on six homes.

Portfolio Pulse from

November 14, 2024 | 2:15 pm

Safe and Green Development Corporation (NASDAQ: SGD) has closed its first construction loan for the Sugar Phase I project, which is expected to deliver homes by early 2025.

Portfolio Pulse from

November 08, 2024 | 2:15 pm

YY Group Holding Limited's subsidiary, Hong Ye Group, has secured SGD$4.7M in contracts, enhancing its position in healthcare facility management.

Portfolio Pulse from

November 06, 2024 | 1:30 pm

Safe And Green Development has commenced construction on the Sugar Phase I project in South Texas, starting with five single-family homes. The foundation has been poured, and framing is expected to be completed this week, indicating growing demand in the area.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 1:11 pm

Safe And Green Development Corporation has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:06 pm

Safe and Green Development shares rose following a shareholder letter detailing strategic growth plans and expected revenue from South Texas in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 2:00 pm

Safe And Green Development Corporation addressed shareholders about a recent reverse stock split, a declining market cap, and highlighted $50M in real estate assets. The company plans strategic growth and anticipates revenue from South Texas in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 1:04 pm

The Dow Jones index fell by 200 points, while Bank of America reported better-than-expected Q3 earnings. Real estate shares rose, and energy shares fell. Several stocks experienced significant price movements, including Zapata Computing Holdings, Digital Brands Group, and Seelos Therapeutics.

Portfolio Pulse from Avi Kapoor

October 15, 2024 | 1:49 pm

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