Safe and Green Development Corporation announces that it will strategically look to monetize its real estate holdings throughout 2024. The company has already initiated this strategy with the previously announced Contribution Agreement of Lago Vista wherein the property is valued at $11.5M as an equity interest in the development. David Villarreal, President & CEO of Safe and Green Development Corporation stated, “Over the past three years we have worked diligently to garner valuable entitlements on the land we have acquired. We will analyze certain markets to determine how we can best monetize the appreciation of the land value. We believe this strategy will enable us to align our focus with minimal dilution to our shareholder base.”
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