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Safe & Green Development Corp (SGD) delivers innovative real estate solutions through modular construction and AI-driven proptech platforms. This dedicated news hub provides investors with essential updates on the company’s strategic initiatives, financial developments, and market positioning.
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Discover how SGD’s dual development strategy combines traditional construction expertise with cutting-edge AI solutions. Stay informed about emerging proptech applications and their impact on housing affordability and project efficiency. Bookmark this page for continuous updates on one of modular construction’s most dynamic innovators.
Safe and Green Development (SG Devco) is extending the closing date for the sale of its St. Mary’s site to May 30, 2024, potentially concluding by May 15th. The transaction will bring in over $1M in capital without dilution, enhancing operational capabilities. The sale will be facilitated through SG Devco’s online real estate platform, Xene Home, aiming to modernize real estate transactions. CEO David Villarreal is optimistic about the extension, highlighting the revenue boost in Q2 2024 and the strategic benefits for SG Devco's market position.
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