Wash

Harbor Custom Development, Inc., Secures $19,950,000 Loan with Sound Capital to Refinance Belfair View Apartment Project

Retrieved on: 
Thursday, July 6, 2023

TACOMA, Wash, July 06, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it closed on a $19,950,000 loan with Sound Capital to refinance phase one of the 126-unit Belfair View Apartment multi-family project in Belfair, Washington.

Key Points: 
  • Belfair View Apartments are located at 81 NE Ridge Point Blvd, Belfair, WA 98528
    TACOMA, Wash, July 06, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it closed on a $19,950,000 loan with Sound Capital to refinance phase one of the 126-unit Belfair View Apartment multi-family project in Belfair, Washington.
  • “We are pleased to announce the continuation of our lending relationship with Sound Capital.
  • We look forward to working with Jeff Habersetzer and the executive team on future projects,” stated Johnny Walker, Principal at Sound Capital.
  • The Belfair View Apartments are located at 81 NE Ridge Point Blvd, Belfair, WA 98528, along Highway SR 3 in Mason County.

Harbor Custom Development, Inc. Announces Change in Executive Leadership

Retrieved on: 
Monday, June 26, 2023

TACOMA, Wash, June 26, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced Lance Brown, Chief Financial Officer, will be resigning from the Company, effective July 21, 2023.

Key Points: 
  • TACOMA, Wash, June 26, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced Lance Brown, Chief Financial Officer, will be resigning from the Company, effective July 21, 2023.
  • The Company has initiated a search for a new Chief Financial Officer to fill this position.
  • “I am grateful for the opportunity to serve as the Chief Financial Officer of Harbor Custom Development and have immensely enjoyed the collaboration, trust, and shared commitment of all Harbor team members.
  • I am confident in the future of Harbor and leave proud of my contribution to the strong foundation for sustained financial success,” stated Lance Brown, Chief Financial Officer of Harbor Custom Development.

Pearl Brookpark Car Wash Finds Home in Rainforest

Retrieved on: 
Wednesday, June 21, 2023

CLEVELAND, June 21, 2023 /PRNewswire/ -- Rainforest Car Wash is thrilled to announce the opening of its latest location in the charming Old Brooklyn area of Cleveland. Nestled at 5133 Pearl Road, Cleveland, Ohio 44129, this new establishment stands on the hallowed grounds once occupied by NE Ohio's oldest car wash, Pearl Brookpark.

Key Points: 
  • Nestled at 5133 Pearl Road, Cleveland, Ohio 44129, this new establishment stands on the hallowed grounds once occupied by NE Ohio's oldest car wash, Pearl Brookpark.
  • Having been a beloved part of the community for decades, Pearl Brookpark Car Wash holds a special place in the hearts of many.
  • Rainforest Car Wash recognizes and appreciates the rich legacy that Pearl Brookpark has left behind.
  • As the oldest car wash in Eastern Ohio, Rainforest Car Wash holds the utmost respect for the Pearl Brookpark legacy and the loyal customers who have made it their go-to wash for countless years.

Harbor Custom Development, Inc. Closes Mills Crossing Townhomes Sale in Bremerton, WA for $14,250,000

Retrieved on: 
Tuesday, June 20, 2023

TACOMA, Wash, June 20, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it has closed on the sale of the Mills Crossing townhomes in Bremerton, Washington for $14,250,000 to Kitsap Community Resources.

Key Points: 
  • TACOMA, Wash, June 20, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced it has closed on the sale of the Mills Crossing townhomes in Bremerton, Washington for $14,250,000 to Kitsap Community Resources.
  • “The sale of our first of six multi-family projects is a milestone for the Company and a testament to the team’s hard work and dedication.
  • We are pleased to partner with Kitsap Community Resources on the sale of Mills Crossing, which provides families in Kitsap County meaningful access to affordable housing,” stated Sterling Griffin, President and CEO of Harbor Custom Development, Inc.
  • “Kitsap Community Resources is proud to work with Harbor Custom Development, Inc. on this important project.

Experts Warn of Bed Bug Activity as Travelers Embark on Bucket List Vacations

Retrieved on: 
Monday, June 5, 2023

To protect travelers from unwanted encounters with bed bugs, the National Pest Management Association ( NPMA ) is warning Americans about these resilient, bloodsucking pests and urging inspections and prevention during Bed Bug Awareness Week this June 4 – 10.

Key Points: 
  • To protect travelers from unwanted encounters with bed bugs, the National Pest Management Association ( NPMA ) is warning Americans about these resilient, bloodsucking pests and urging inspections and prevention during Bed Bug Awareness Week this June 4 – 10.
  • Bed bugs are a sight you definitely won’t want to see on your once-in-a-lifetime vacation.
  • According to a new survey from NPMA conducted by the Harris Poll, 38% of Americans are concerned about encountering bed bugs while traveling.
  • However, less than one third (29%) of Americans know how to inspect for bed bugs and only 32% are confident they can identify a bed bug.

HeyGears Launches First Professional Desktop 3D Printer for Consumers

Retrieved on: 
Friday, June 2, 2023

IRVINE, Calif., June 2, 2023 /PRNewswire/ -- HeyGears, a leading provider of 3D printing technology and solutions, has announced the global launch of pre-sales for its first desktop 3D printing solution available for consumers, the UltraCraft Reflex.

Key Points: 
  • IRVINE, Calif., June 2, 2023 /PRNewswire/ -- HeyGears, a leading provider of 3D printing technology and solutions, has announced the global launch of pre-sales for its first desktop 3D printing solution available for consumers, the UltraCraft Reflex.
  • The limited offer pre-sale price for a Reflex 3D printer is set at US$979.30.
  • The launch of the Reflex is part of HeyGears' commitment to the industry as a pioneer in applying industrial-grade 3D printing technology to professional desktop solutions.
  • The Reflex's comprehensive 3D printing system includes pre-processing software, a printer, a cleaning machine, a curing machine, and HeyGears' self-developed materials.

HeyGears Launches First Professional Desktop 3D Printer for Consumers

Retrieved on: 
Friday, June 2, 2023

IRVINE, Calif., June 1, 2023 /PRNewswire/ -- HeyGears, a leading provider of 3D printing technology and solutions, has announced the global launch of pre-sales for its first desktop 3D printing solution available for consumers, the UltraCraft Reflex.

Key Points: 
  • IRVINE, Calif., June 1, 2023 /PRNewswire/ -- HeyGears, a leading provider of 3D printing technology and solutions, has announced the global launch of pre-sales for its first desktop 3D printing solution available for consumers, the UltraCraft Reflex.
  • The limited offer pre-sale price for a Reflex 3D printer is set at US$979.30.
  • The launch of the Reflex is part of HeyGears' commitment to the industry as a pioneer in applying industrial-grade 3D printing technology to professional desktop solutions.
  • The Reflex's comprehensive 3D printing system includes pre-processing software, a printer, a cleaning machine, a curing machine, and HeyGears' self-developed materials.

Harbor Custom Development, Inc. Announces Updates on Multi-Family Projects in Washington

Retrieved on: 
Thursday, May 25, 2023

Harbor made a strategic pivot in the Company’s Western Washington portfolio last year, from single-family homes to focus on the development and construction of multi-family communities.

Key Points: 
  • Harbor made a strategic pivot in the Company’s Western Washington portfolio last year, from single-family homes to focus on the development and construction of multi-family communities.
  • In addition to Mills Crossing, Harbor has completed vertical construction on Pacific Ridge, an 80-unit project in Tacoma, Washington, and Wyndstone, a 76-unit apartment complex in Yelm, Washington.
  • The Company’s largest project Belfair View is a 228-unit garden-style apartment complex under construction in Belfair, Washington, currently in lease-up on the project’s first phase.
  • Harbor’s second largest project Meadowscape, is a 177-unit apartment complex located in Olympia, Washington, that will commence leasing in June.

Pet Supplies Plus Celebrates the Grand Opening of New Distribution Center in Orangeburg County, South Carolina

Retrieved on: 
Friday, May 19, 2023

ORANGEBURG, S.C., May 19, 2023 /PRNewswire/ -- Pet Supplies Plus, the nation's leading, full-service pet retail company, celebrated the grand opening of their state-of-the-art distribution center on Friday, May 19. Located at 122 Palmetto Commerce Parkway in Orangeburg, the new center is a milestone achievement for the franchise company and for South Carolina. Present at the grand opening celebration were: Chris Rowland, President and CEO of Pet Supplies Plus; Johnnie Wright, Sr., Chairman of the Orangeburg City Council; Kenneth Middleton, Chairman of the Orangeburg County Development Commission, among others. The grand opening included a ribbon cutting ceremony, remarks from Rowland and Wright, and had more than 100 people in attendance.

Key Points: 
  • Present at the grand opening celebration were: Chris Rowland, President and CEO of Pet Supplies Plus; Johnnie Wright, Sr., Chairman of the Orangeburg City Council; Kenneth Middleton, Chairman of the Orangeburg County Development Commission, among others.
  • With over 700 store locations across 42 states combined, the new distribution center will service Pet Supplies Plus stores as well as its recently acquired company, Wag N' Wash stores.
  • "We are excited to celebrate the newest addition to Orangeburg County with the grand opening of the Pet Supplies Plus distribution center," added Johnnie Wright, Sr., Chairman of the Orangeburg City Council.
  • Located in 42 states, Pet Supplies Plus and Wag N' Wash have over 700 retail stores across the country.

Harbor Custom Development, Inc. Announces Executive Team Transition

Retrieved on: 
Thursday, May 11, 2023

TACOMA, Wash, May 11, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), a real estate company involved in all aspects of the land development cycle, today announced that Sterling Griffin, Chief Executive Officer, President and Chairman of the Board of Directors, will be retiring from all roles with the Company effective July 12, 2023. Mr. Griffin will serve as a non-executive strategic advisor through January 12, 2025. 

Key Points: 
  • Jeff Habersetzer, who serves as Harbor’s Chief Operating Officer, General Counsel and Corporate Secretary, is expected to be named Interim Chief Executive Officer and Interim President effective July 12, 2023.
  • Mr. Habersetzer brings an extensive background in the real estate industry and previously owned a legal practice specializing in real estate and corporate law.
  • In connection with the transition, the Company expects to appoint Lance Brown, Harbor’s Chief Financial Officer, to an expanded role as Interim Chief Operating Officer.
  • Mr. Brown will maintain his current role as Chief Financial Officer and facilitate a smooth transition and continuity of operational leadership.