BURIEN

Rairdon Automotive Group Amplifies its Footprint with the Launch of its 12th Dealership, now in Everett, WA!

Retrieved on: 
Friday, November 3, 2023
Pignataro, EV, Heart, Alfa Romeo, Subaru, History, Acquisition, Peugeot Inception, Chrysler, Trust, Nature's Beckon, Honda, Community engagement, Partnership, Volkswagen Group, Dodge, Community, EVS, Hyundai, Car dealership, Tourism, Automotive industry, Nissan

This acquisition from the Pignataro Family underscores Rairdon's unwavering allegiance to the communities it operates in and exemplifies its dedication to the 'Rairdon Way.'

Key Points: 
  • This acquisition from the Pignataro Family underscores Rairdon's unwavering allegiance to the communities it operates in and exemplifies its dedication to the 'Rairdon Way.'
  • We eagerly anticipate extending our distinctive, family-centric ethos to the Everett community and integrating them into the Rairdon Automotive Group family."
  • He continued to say "We are grateful to the Pignataro family and for becoming a part of the Volkswagen Group Family."
  • Incepted over three decades ago, Rairdon Automotive Group has been a beacon of unparalleled customer service.

Harbor Custom Development, Inc. Closes Land for 138 Unit Apartment Site in Port Orchard, WA

Retrieved on: 
Tuesday, January 18, 2022
Population growth, Naval Base Kitsap, CEO, GLOBE, U.S. Securities and Exchange Commission, Nasdaq, Marketing, Company, Sale, Security (finance), Acquisition, Harbor, Renewable energy, Harbor

Gig Harbor, Washington , Jan. 18, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (Harbor, Harbor Custom Homes, or the Company), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on a 138 unit entitled apartment site in Port Orchard, WA for $1,455,000.

Key Points: 
  • Gig Harbor, Washington , Jan. 18, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (Harbor, Harbor Custom Homes, or the Company), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has closed on a 138 unit entitled apartment site in Port Orchard, WA for $1,455,000.
  • Located in Kitsap County, Washington, the Bridgeview project is a future 138 unit, 3-story garden style apartment complex scheduled to begin construction in April 2022.
  • If existing market conditions remain constant, we anticipate generating approximately $46 million from the sale of the project.
  • Harbor Custom Development's business strategy is to acquire and develop land strategically, based on an understanding of population growth patterns, entitlement restrictions, infrastructure development, and geo-economic forces.

Harbor Custom Development, Inc. to Present at the Sidoti & Company Virtual Small Cap Conference Live Via Webcast

Retrieved on: 
Thursday, January 13, 2022
Webcast, Conference, Port Orchard, Population growth, GLOBE, EDT, Nasdaq, Marketing, Company, Sidoti, Acquisition, Harbor, Harbor

Gig Harbor, Washington , Jan. 13, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (Harbor, Harbor Custom Homes, or the Company), an innovative and market leading real estate company involved in all aspects of the land development cycle, will present virtually to the investment community via webcast at the Sidoti & Company Virtual Small Cap Conference on Thursday, January 20, 2022, at 12:15 p.m. (EDT).

Key Points: 
  • Gig Harbor, Washington , Jan. 13, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (Harbor, Harbor Custom Homes, or the Company), an innovative and market leading real estate company involved in all aspects of the land development cycle, will present virtually to the investment community via webcast at the Sidoti & Company Virtual Small Cap Conference on Thursday, January 20, 2022, at 12:15 p.m. (EDT).
  • The live broadcast of the presentation may be accessed under the events and presentations section of Harbor Custom Developments investor website at https://investors.harborcustomhomes.com .
  • Participants are encouraged to log on at least five minutes prior to the start of the presentation.
  • For more information on Harbor Custom Development, Inc., please visit www.harborcustomdev.com.

85 Unit Record Sale in Burien, WA Sold by The Mogharebi Group

Retrieved on: 
Monday, January 3, 2022
Professional Services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, REIT, Internal Revenue Code section 1031, Citygarden, TMG, Sale, Senior

The Mogharebi Group ("TMG") has completed the sale of Terrace View Apartments in Burien, WA.

Key Points: 
  • The Mogharebi Group ("TMG") has completed the sale of Terrace View Apartments in Burien, WA.
  • Ryan Kidwell and Robert Parmar of The Mogharebi Group represented the seller, a private investor from Bellevue, WA.
  • At a price of $258,824 per unit, this transaction represents the 2nd highest price ever in the Burien MSA", said Robert Parmar, Senior Vice President of The Mogharebi Group.
  • About The Mogharebi Group (TMG): The Mogharebi Group is a brokerage firm specializing in the multifamily property sector throughout the Western United States.

Harbor Custom Development, Inc. Closes $19,129,000 Construction Loan with Broadmark Realty Capital

Retrieved on: 
Monday, January 3, 2022
SR 3, Belfair State Park, GLOBE, Sound, Company, Naval Base Kitsap, Trust, NYSE, Marketing, Nasdaq, U.S. Securities and Exchange Commission, Security (finance), Acquisition, Sale, Population growth, Rehabilitation, Recreation, Port Orchard, Harbor, Real estate, Harbor

Closing of this multi-family construction loan is a major milestone for Harbor.

Key Points: 
  • Closing of this multi-family construction loan is a major milestone for Harbor.
  • stated Sterling Griffin, President and Chief Executive Officer of Harbor Custom Homes.
  • The Company recently acquired property in Punta Gorda, Florida, and plans to begin construction of oceanfront condominiums there in 2022.
  • Broadmark Realty Capital manages and services its loan portfolio across a variety of market conditions and economic cycles.

Harbor Custom Development, Inc. Enters Contract to Purchase 60 Acre Townhome site in Tamp Bay, Florida Metro Market for $7,400,000

Retrieved on: 
Wednesday, December 29, 2021
Family, LLC, HWY, GLOBE, Company, LP, CEO, Marketing, Nasdaq, U.S. Securities and Exchange Commission, Security (finance), Acquisition, Population growth, Recreation, Port Orchard, Harbor, Harbor, Tampa Bay

Future multi-family apartment tenants will have immediate access to outdoor recreation at the adjacent Werner-Boyce Sate Park https://www.floridastateparks.org/parks-and-trails/werner-boyce-salt-spr... , Hudson Nature trail, and Hernando Beach.

Key Points: 
  • Future multi-family apartment tenants will have immediate access to outdoor recreation at the adjacent Werner-Boyce Sate Park https://www.floridastateparks.org/parks-and-trails/werner-boyce-salt-spr... , Hudson Nature trail, and Hernando Beach.
  • We are excited to expand our Florida footprint into the Tampa Bay MSA.
  • In the Sacramento metro market, Harbor will be constructing homes in completed subdivisions in both Rocklin and Auburn, California.
  • In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas.

Harbor Custom Development, Inc. Closes on $4.8M Sale of 24 Developed Lots to MainVue Homes

Retrieved on: 
Wednesday, December 22, 2021
Marketing, Cascade Range, Nasdaq, Sale, U.S. Securities and Exchange Commission, CEO, Semiahmoo Resort, Acquisition, Horizon, Pacific Northwest, Company, Population growth, Security (finance), GLOBE, Port Orchard, Harbor, Civil engineering, Harbor

The purchase included 71 developed lots with panoramic views of Birch Bay and the Cascade Range and is situated adjacent to the iconic Semiahmoo Resort and award-winning golf course.

Key Points: 
  • The purchase included 71 developed lots with panoramic views of Birch Bay and the Cascade Range and is situated adjacent to the iconic Semiahmoo Resort and award-winning golf course.
  • In addition, Harbor has acquired land and will begin constructing homes in three new markets.
  • In the Sacramento metro market, Harbor will be constructing homes in completed subdivisions in both Rocklin and Auburn, California.
  • In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas.

Harbor Custom Development, Inc. Enters Contract to Purchase 66 Entitled Lots in Poulsbo, Washington for $2,900,000

Retrieved on: 
Monday, December 20, 2021
Company, Port Orchard, Nasdaq, Acquisition, U.S. Securities and Exchange Commission, LLC, CEO, Marketing, Security (finance), GLOBE, Population growth, Harbor, Civil engineering, Harbor

Westry Village is a future 66 - unit townhome site located in College Market Place Northwest, a regional shopping center in Poulsbo, Washington.

Key Points: 
  • Westry Village is a future 66 - unit townhome site located in College Market Place Northwest, a regional shopping center in Poulsbo, Washington.
  • https://www.westryvillage.com/ Harbor has contracted to purchase the project upon completion of the permitting process and issuance of site plan approval from the city of Poulsbo.
  • This acquisition allows Harbor to continue expanding the companys footprint in Kitsap County, where we have had great success.
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, Belfair, Allyn, Port Orchard, Lacey, Burien, Yelm and Blaine in the state of Washington.

Harbor Custom Development, Inc. Announces Acceptance of Bitcoin and 12 Other Digital Currencies for its Real Estate

Retrieved on: 
Friday, December 17, 2021
Ethereum, USD Coin, XRP, Wrapped Bitcoin, Litecoin, Dai, Bitcoin Cash, Gemini Dollar, Company, Port Orchard, Industry, Nasdaq, Acquisition, Adoption, U.S. Securities and Exchange Commission, Semantic Web, CEO, Marketing, Â, Security (finance), GLOBE, Population growth, Harbor, Cryptocurrency, Harbor, Bitcoin, Dogecoin

In addition to Bitcoin, the Company will also accept: Ethereum, USD Coin, XRP, Dogecoin, SHIBA INU, Binance USD, Wrapped Bitcoin, Litecoin, Dai, Bitcoin Cash, Pax Dollar & Gemini Dollar.

Key Points: 
  • In addition to Bitcoin, the Company will also accept: Ethereum, USD Coin, XRP, Dogecoin, SHIBA INU, Binance USD, Wrapped Bitcoin, Litecoin, Dai, Bitcoin Cash, Pax Dollar & Gemini Dollar.
  • Prior to the January 24, 2022 launch date Harbor may add or subtract certain digital currencies from the aforementioned approved list based on market conditions.
  • Acceptance of digital currencies for our real estate offerings is a logical step for Harbor and demonstrates our flexible business model that separates us from our industry peers, says Harbor Chief Operating Officer Jeff Habersetzer.
  • By accepting digital currencies, Harbor not only opens the door to entities with combined market caps exceeding $1 trillion of purchasing power, but places Harbor in a first mover position of adoption.

Harbor Custom Development, Inc. Closes on $3.87M Sale of 27 Developed Lots to Century Communities

Retrieved on: 
Thursday, December 16, 2021
Company, Insurance, NYSE, Cascade Range, Port Orchard, CCS, Horizon, Nasdaq, Sale, Twenty-First Century Communications and Video Accessibility Act of 2010, Acquisition, U.S. Securities and Exchange Commission, Semiahmoo Resort, CEO, Marketing, Knowledge, Security (finance), GLOBE, Population growth, Harbor, Civil engineering, Harbor

We are thrilled to add Century Communities as one of the selected builders for the Horizon at Semiahmoo project and look forward to working with their team.

Key Points: 
  • We are thrilled to add Century Communities as one of the selected builders for the Horizon at Semiahmoo project and look forward to working with their team.
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, Belfair, Allyn, Port Orchard, Lacey, Burien, Yelm and Blaine in the state of Washington.
  • In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas.
  • Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands.