Harbor Custom Development, Inc. Announces Buyer Waives All Contingencies on $14,250,000 Sale of Townhomes
TACOMA, Wash, May 10, 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 Kitsap Community Resources waived all contingencies in the sale of Mills Crossing townhomes in Bremerton, Washington and has released their $400,0000 of non-refundable earnest money to Harbor. Kitsap Community Resources contracted to purchase Mills Crossing for $14,250,000 and anticipates closing on or before June 16, 2023.
- Mills Crossing will provide affordable housing to Kitsap County area residents.
- TACOMA, Wash, May 10, 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 Kitsap Community Resources waived all contingencies in the sale of Mills Crossing townhomes in Bremerton, Washington and has released their $400,0000 of non-refundable earnest money to Harbor.
- Kitsap Community Resources contracted to purchase Mills Crossing for $14,250,000 and anticipates closing on or before June 16, 2023.
- Tenants have convenient access to the downtown Bremerton amenities, including local shopping, farmer’s markets, waterfront parks, community restaurants, Olympic College, and convenient ferry service to Seattle.