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 and 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 partners with third-party equity investors or other developers.
Employees: 6
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures 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 3 articles about SGD published over the past 30 days
Neutral
PRNewsWire
1 week ago
Safe and Green Development Corporation Reports 2024 Year-End Highlights
MIAMI , April 1, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company"), a real estate development and innovation company, is pleased to share its 2024 year-end highlights, anchored by the Company's strategic acquisition of Resource Group US Holdings LLC ("RSG"). The planned acquisition is expected to position the Company for long-term, recurring revenue growth in the engineered soils and composting sector.
Neutral
PRNewsWire
3 weeks ago
Safe and Green Development Corporation Releases Unaudited Financial Information for Resource Group
MIAMI , March 21, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company"), a real estate development and innovation company, is releasing unaudited financial information for Resource Group US Holdings LLC ("Resource Group US Holdings" or "RSG"). As previously announced, SGD has entered into a definitive agreement to acquire 100% of the equity interests in Resource Group US Holdings.
Neutral
PRNewsWire
4 weeks ago
Safe and Green Development Corporation Updates Ex-Dividend Date For the Previously Announced Dividend
MIAMI , March 12, 2025 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company") today announced details regarding its previously declared stock dividend, including the confirmed date for trading on a stock dividend-adjusted basis. On March 5, 2025, SG Devco approved a stock dividend from its treasury shares, consisting of 0.05 shares of common stock for each outstanding share.
Neutral
PRNewsWire
1 month 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 month 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
1 month 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
1 month 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
1 month 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
2 months 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
2 months 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.
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