Safe and Green Development Corp
About: Safe & Green Development Corp is a real estate development company that focuses on the development of sites using purpose built, prefabricated modules built from both wood & steel, sourced from one of Safe & Green Holdings factories. The company's business model is flexible and it anticipates developing properties on its own and also through joint ventures in which it partner with third-party equity investors or other developers.
0
Funds holding %
of 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
0.73% less ownership
Funds ownership: 1.13% [Q3] → 0.41% (-0.73%) [Q4]
50% less funds holding
Funds holding: 12 [Q3] → 6 (-6) [Q4]
76% less capital invested
Capital invested by funds: $67.7K [Q3] → $16.2K (-$51.5K) [Q4]
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for SGD.
Financial journalist opinion
Based on 5 articles about SGD published over the past 30 days
Neutral
PRNewsWire
2 days ago
Safe and Green Development Corporation Declares Stock Dividend for Shareholders
MIAMI , March 10, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) (the "Company") today announced that its Board of Directors (the "Board") has declared from its treasury a stock dividend for shareholders of 0.05 shares of common stock for each outstanding share of the Company's common stock held by shareholders as of the close of business on April 7, 2025. This equates to receiving one (1) additional share for every twenty (20) shares held, with any fractional shares to be settled in cash.
Neutral
PRNewsWire
1 week ago
Safe and Green Development Corporation Releases Shareholder Letter Regarding Decision to Acquire Resource Group
MIAMI , March 5, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company"), a real estate development and innovation company, has released a letter to Shareholders regarding its decision to acquire 100% of the equity interests in Resource Group US Holdings LLC. "Dear Shareholders, We wanted to provide you with insight into our decision to move forward with the acquisition of Resource Group US Holdings LLC and the strategic reasoning behind this pivotal move.
Neutral
PRNewsWire
2 weeks ago
Safe and Green Development Corporation Executes Agreement for Strategic Shift via Acquisition of Resource Group a Next-Generation Engineered Soils and Composting Company
MIAMI , Feb. 26, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company"), a real estate development and innovation company, is announcing that it has entered into a definitive agreement to acquire 100% of the equity interests in Resource Group US Holdings LLC ("RSG" or "Resource Group") (https://www.resourcegroupus.com/) for $480,000 in cash, the issuance of 19% shares of SGD Restricted Common Stock at Closing and a Convertible Note in an amount to be determined at Closing, convertible into shares of SGD Restricted Common Stock subject to the receipt of SGD Shareholder Approval Post-Closing in accordance with Nasdaq rules. The transaction is expected to close early in the Second Quarter of 2025 subject to customary closing conditions and the completion of RSG's audit.
Neutral
PRNewsWire
3 weeks ago
Safe and Green Development Corporation Inks Contracts to Sell Out 1st Phase of Sugar Joint Venture Developments
MIAMI , Feb. 14, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) (the "Company") is pleased to announce that all 5 homes from the 1stt phase of the Sugar Joint Venture with Milk & Honey, LLC have all gone under contract. These transactions mark a significant milestone in the Company's ongoing real estate initiatives and reflect the demand for high-quality housing in the region.
Neutral
PRNewsWire
3 weeks ago
Safe and Green Development Corporation Announces Compliance with NASDAQ Continued Listing Requirements
MIAMI , Feb. 13, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) (the "Company") announced today that it believes that it has met the stockholders' equity requirement under NASDAQ Listing Rule 5550(b) and has regained compliance with NASDAQ's continued listing standards. Nasdaq will continue to monitor the Company's ongoing compliance with the stockholders' equity requirement and, if at the time of its next periodic report the Company does not evidence compliance it may be subject to delisting.
Neutral
PRNewsWire
1 month ago
SAFE AND GREEN DEVELOPMENT CORPORATION EXECUTES CONTRACT FOR $6.575 MILLION SALE OF LAGO VISTA PROPERTY
MIAMI , Feb. 4, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company") is pleased to announce that its subsidiary, LV Peninsula Holding LLC, has entered into a definitive agreement (the "Purchase Agreement") with Lithe Development Inc. for the sale of one of its Lago Vista projects located at 1900 American Drive, Lago Vista, Texas 78645. The agreed-upon purchase price for the property is $6.575 million.
Neutral
PRNewsWire
1 month ago
Safe and Green Development Corporation Acquires All SGD Shares Held By Safe & Green Holdings Corp.
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) in exchange for SGBX forgiving $394,329 of inter-company debt owed to SGBX by SGD and for SGBX transferring 276,425 shares of SGD Common Stock owned by SGBX to SGD.
Neutral
PRNewsWire
1 month ago
Safe and Green Development Corporation's Sugar Phase Joint Venture Announces Closing on 22 Lots and Financing for Vertical Construction in South Texas
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.
Neutral
PRNewsWire
2 months ago
Safe and Green Development Corporation Lists Sugar Phase 1 Homes for Sale for Combined Price of over $1M
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 Company's objectives as well in having sound and positive financial results from the sales of these homes.
Neutral
PRNewsWire
2 months ago
Safe and Green Development Corporation Provides Expected Timeline for Joint Venture Development Portfolio
MIAMI , Dec. 27, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company"), a real estate development company, is excited to share its expected timeline for completion of its joint venture developments in Southern Texas. The timeline below is only considering the existing portfolio of joint ventures; however, the Company will look to continue to expand its portfolio of joint ventures and initiate development on its existing joint venture properties in Oklahoma and Georgia.
Charts implemented using Lightweight Charts™