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 ...

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 continua ...

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 ...

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 o ...

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. Safe and Green Development Corporation Reaches 50% Completion Milestone for Sugar Phase I Project. The Project, no ...

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 increa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share SGD The Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): November 14, 2024 SAFE AND GREEN DEVELOPMENT CORPORATION (Exact Name of Registrant as Specified in its Charter) | --- | --- | --- | |--------------------------------------------------------|--------------------------------------------------------------------------------|------------------------ ...

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 TexasD ...

MIAMI, Nov. 8, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a leading real estate development company, closed its first construction loan in Company history on November 7th, 2024.The Company's Sugar Phase I project is already underway and is on track to deliver the finished homes early in the first quarter of 2025. The loan will accelerate the construction of the homes by providing access to additional working capital and ensure that the homes are ...