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Community Redevelopment (OTC:CRDV) and Tianrong Medical Group announced a 99-year lease acquisition and development agreement dated November 4, 2025 for approximately 2,000 acres on Rock Sound, Eleuthera, Bahamas.
The lease covers 250 acres of oceanfront resort property and 1,750 acres of farmland; TNMD and CRDV will hold 50% undivided interests and form a Development Committee. Plans call for five-star resorts, residential villas, 125-acre freshwater lagoons, PGA golf, a super-yacht marina, a tertiary medical campus, organic agriculture, and green-energy facilities up to 80 MW. An independent 2023 valuation lists Northside Beach at $237M. The partners also plan a blockchain-based utility token for financing and access.
VGTel (OTC:VGTL) signed a Letter of Intent with Tianrong Medical Group (OTC:TNMD) to install the first MiraLink™ Environmental Sky Monitoring Node in Hopkins, Belize, marking VGTel's initial Caribbean deployment.
The LOI contemplates reciprocal USD $125,000 convertible promissory notes at 8% interest with a 50% discount, and parties expect a definitive Site License and Services Agreement within 30 days. The node will use LTE/satellite uplinks, optional Starlink, solar power, AI-assisted telemetry, and serve tokenized real estate and RWA initiatives while supporting planned regional rollouts.
Tianrong Medical Group (OTC:TNMD) announced a strategic pivot into real estate with two major developments: an oceanfront resort acquisition in Hopkins Village, Belize, and planned residential development in Michigan. The company is transforming into a tokenized real estate investment trust (REIT).
The Belize project capitalizes on the country's growing tourism appeal, featuring direct international flights, year-round attractions, and pro-investment policies. In Michigan, the company plans to develop condominiums amid strong market fundamentals, with home prices up 6-7% year-over-year in 2024 and multifamily occupancy rates exceeding 95% in major metro areas.
This two-pillar strategy combines international luxury hospitality with U.S. residential development, marking a significant transformation from the company's medical group roots.
Tianrong Medical Group Inc. (OTC: TNMD) has signed a Letter of Intent to acquire an oceanfront parcel in Hopkins Village, Belize, marking its first step in transitioning from a medical group to a tokenized real estate investment trust (REIT). The property, to be purchased at market value from Leonarda Nicolasa Ventura, will be developed into the company's flagship resort.
The strategic location in Hopkins Village offers access to the Belize Barrier Reef and various eco-tourism attractions. CEO Curtis Philpot outlined the company's vision to transform into a diversified REIT focusing on five sectors: hospitality, residential, commercial, industrial, and sustainable development. The company aims to leverage blockchain technology for real estate tokenization, enabling fractional ownership and increased liquidity of real estate assets.
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