Dream Homes & Development Corp. secures Significant Funding Package for approved 70-Unit Berkeley Terrace Townhome Development and files 10K Annual Report for 2022
FORKED RIVER, N.J., April 17, 2023 (GLOBE NEWSWIRE) -- Dream Homes & Development Corporation (OTCPK: DREM) (also known as “DHDC”), announces it recently successfully secured a $4.67 million funding package for their Berkeley Terrace development.
- FORKED RIVER, N.J., April 17, 2023 (GLOBE NEWSWIRE) -- Dream Homes & Development Corporation (OTCPK: DREM) (also known as “DHDC”), announces it recently successfully secured a $4.67 million funding package for their Berkeley Terrace development.
- This funding package included refinancing the land debt, a large portion of the site construction, and construction of the first 10 unit building.
- Matthew Aaron, principal of Mattics Lending, LLC and Whitestone Realty Capital assisted Dream Homes to secure this funding.
- The company’s pivot to the emerging “Build to Lease” trend is expected to deliver sustainable results for long term growth.