Core Viewpoint - Safe and Green Development Corporation has secured financing for the vertical construction of a model home in South Texas, marking a significant milestone in its growth and commitment to sustainable real estate development [1][4]. Financing and Construction - The financing will be facilitated through a construction loan, enabling the company to begin vertical construction of the model home, with the loan closing expected within 30 days, contingent upon fulfilling certain terms, including the payoff of an existing note [3][4]. - The model home will serve as a tangible example of the company's design and construction capabilities, aiding potential buyers and partners in their decision-making process for future projects [2][4]. Expansion Plans - This development is part of the company's strategy to expand its footprint in South Texas, where it plans to launch multiple residential communities in the near future [2][4]. - The company focuses on eco-friendly and sustainable projects, utilizing purpose-built, prefabricated modules made from wood and steel for its developments [4]. Technological Integration - A majority-owned subsidiary, Majestic World Holdings LLC, has developed a real estate AI platform aimed at decentralizing the real estate marketplace, integrating various stakeholders into a structured AI-driven environment [4]. - MyVONIA Innovations LLC, another subsidiary, offers an AI-powered personal assistant designed to enhance productivity for individuals and businesses [4].
Safe and Green Development Corporation Secures Construction Loan for Model Home