Speeder

New Mixed-Reality AAA Racing Game, Celeros, Announced to Support Real-World Social and Environmental Impact Projects

Retrieved on: 
Thursday, April 27, 2023

Centred in offering a AAA racing experience as well as creating real-world professional pathways, Celeros will deliver sustainable, real-world impact via a balanced economic model that relies on investments in real-world social and environmental causes.

Key Points: 
  • Centred in offering a AAA racing experience as well as creating real-world professional pathways, Celeros will deliver sustainable, real-world impact via a balanced economic model that relies on investments in real-world social and environmental causes.
  • With 3.24bn active gamers around the world, Play2Impact has the potential to drive real change.
  • Through an official partnership with Airspeeder, the world's first crewed racing eVTOL series, AirspeederXR will be the first race series to take part in Celeros.
  • It will deliver an epic multiplayer racing experience, augmented by real-world physics data from thousands of hours of flight time.

Harbor Custom Development, Inc. Contracts to Purchase 208 Unit Condominium Site in Sacramento, California for $5,544,000 Addressing Critical Need for First-Time Home Buyers

Retrieved on: 
Wednesday, July 28, 2021

Located in Midtown Sacramento at the corner of 17th and I Street, the future 8 story mixed use building will contain 3,052 sq.

Key Points: 
  • Located in Midtown Sacramento at the corner of 17th and I Street, the future 8 story mixed use building will contain 3,052 sq.
  • The 208 units are a mixture of studio, one and two bedrooms.
  • Sterling Griffin, President and CEO of Harbor, stated, Sacramento represents an ideal location for Harbor Custom Homes to increase our Northern California footprint and address the significant need for affordable housing in Sacramento.
  • Harbor has active or recently sold out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Harbor Custom Development, Inc. Holds Annual Shareholders Meeting and Discusses Revenue Results and Profitability

Retrieved on: 
Wednesday, June 30, 2021

Gig Harbor, Washington, June 30, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI) (Harbor, Harbor Custom Homes, or the Company), an innovative and market leading real estate company involved in all aspects of the land development cycle, held its Annual Shareholder Meeting on June 8, 2021 (the Meeting).

Key Points: 
  • Gig Harbor, Washington, June 30, 2021 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI) (Harbor, Harbor Custom Homes, or the Company), an innovative and market leading real estate company involved in all aspects of the land development cycle, held its Annual Shareholder Meeting on June 8, 2021 (the Meeting).
  • Also at the Meeting, CEO and President, Sterling Griffin, announced:
    Our annual revenues are among the fastest growing of all public companies in our sector.
  • Our projected revenues for 2022 follow the same growth trajectory with an estimated $128,000,000 in sales, or a 60% annual increase.
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Harbor Custom Development, Inc. Contracts to Purchase 112 Unit Condominium Site in Burien, Washington Expanding First-Time Home Buyer Footprint

Retrieved on: 
Friday, June 25, 2021

King County alone supports the corporate headquarters of Amazon, Microsoft, Costco, Starbucks, Nordstroms, Weyerhaeuser, PACCAR, Expedia, Alaska Airlines, and other large employers.

Key Points: 
  • King County alone supports the corporate headquarters of Amazon, Microsoft, Costco, Starbucks, Nordstroms, Weyerhaeuser, PACCAR, Expedia, Alaska Airlines, and other large employers.
  • Harbor anticipates the studio and one- and two-bedroom units will be priced between $395,000 and $495,000 and fill a significant need in the local marketplace.
  • Sterling Griffin, President and CEO of Harbor, stated, Burien represents an ideal location for Harbor Custom Homes to increase our Western Washington footprint and address the significant need for affordable housing in King County.
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Harbor Custom Development, Inc. Contracts to Purchase 177 Unit Condominium Site in Lacey, Washington Expanding First-Time Homebuyer Footprint

Retrieved on: 
Wednesday, June 23, 2021

Joint Base Lewis-McChord supports more than 40,000 service members, including active duty, National Guard, and reserve members, and approximately 14,000 full-time civilian employees.

Key Points: 
  • Joint Base Lewis-McChord supports more than 40,000 service members, including active duty, National Guard, and reserve members, and approximately 14,000 full-time civilian employees.
  • Harbor anticipates the one and two-bedroom units will be priced between $260,000 and $325,000, and fill a significant need in the local marketplace.
  • Sterling Griffin, President and CEO of Harbor, stated, Lacey represents an ideal location for Harbor Custom Homes to increase our Western Washington footprint and address the significant need for affordable housing in Thurston County.
  • Harbor has active or recently sold out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Harbor Custom Development, Inc. Contracts to Acquire 31 Acres for $4,750,000 in Austin Metro Housing Market

Retrieved on: 
Thursday, April 29, 2021

Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Key Points: 
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.
  • In addition, Harbor has acquired land and will begin constructing homes in two new markets beginning in the second quarter of 2021.
  • In the Sacramento metro market, Harbor will be constructing homes in completed subdivisions in both Rocklin and Auburn, California.
  • In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas.

Harbor Custom Development, Inc. Closes 23 Developed Lots for $1,719,000 in Austin Metro Housing Market

Retrieved on: 
Tuesday, April 27, 2021

Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Key Points: 
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.
  • In addition, Harbor has acquired land and will begin constructing homes in two new markets beginning in the second quarter of 2021.
  • In the Sacramento metro market, Harbor will be constructing homes in completed subdivisions in both Rocklin and Auburn, California.
  • In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas.

Harbor Custom Development, Inc. Contracts to Acquire 106 Lots for $16,900,000 Expanding Austin Metro Housing Footprint

Retrieved on: 
Wednesday, April 21, 2021

Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Key Points: 
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.
  • In addition, Harbor has acquired land and will begin constructing homes in two new markets beginning in the second quarter of 2021.
  • In the Sacramento metro market, Harbor will be constructing homes in completed subdivisions in both Rocklin and Auburn, California.
  • In the Austin metro market, Harbor has acquired developed lot inventory in Dripping Springs, Driftwood, and Horseshoe Bay, Texas.

Harbor Custom Development, Inc. Establishes New Banking Relationship with Washington Federal and Secures $6,383,000 in Construction Financing.

Retrieved on: 
Thursday, April 8, 2021

Sterling Griffin, President and CEO of Harbor stated, We are excited to enter into a new banking relationship with a top tier multi-state lender like WaFd Bank.

Key Points: 
  • Sterling Griffin, President and CEO of Harbor stated, We are excited to enter into a new banking relationship with a top tier multi-state lender like WaFd Bank.
  • Their eight state Western U.S. footprint provides us the opportunity to grow Harbor Custom Homes in several of our target markets with conventional financing.
  • Washington Federal, Inc. is the parent company of Washington Federal Bank ("WaFd Bank"), a national bank that operates over 200 branches in Washington, Oregon, Idaho, Utah, Nevada, Arizona, Texas and New Mexico.
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.

Harbor Custom Development, Inc. Announces 2020 Financial Results and Raises Revenue Guidance to $80,000,000 for 2021

Retrieved on: 
Friday, March 26, 2021

Harbor further announced that it had raised its guidance for 2021 projected gross revenue from $70,000,000 announced on November 23, 2020 to $80,000,000.

Key Points: 
  • Harbor further announced that it had raised its guidance for 2021 projected gross revenue from $70,000,000 announced on November 23, 2020 to $80,000,000.
  • We look forward to further regional expansion in 2021 and anticipate a solid year for the company financially.
  • We project year-over-year revenue growth from 2020 to 2021 of approximately 59% increasing from $50,397,000 to $80,000,000 and to reach profitability in the second quarter of 2021, stated Sterling Griffin CEO of Harbor.
  • Harbor has active or recently sold-out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington.