Harbor Custom Development Inc HCDIQ

Consumer Cyclical Residential Construction

Harbor Custom Development, Inc. is a real estate development company. The Company is engaged in the land development cycle, including land acquisition, entitlements, development, construction of project infrastructure, single and multi-family vertical construction, marketing, and sales of various residential projects in Washington, California, Texas, and Florida. The Company operates through five segments: Homes, Developed lots, Entitled land, Multi-family, and Fee Build. It also provides services as fee-build revenues to construct the required infrastructure so that houses can be developed on the lots. Its multi-family construction offers comparable finishes to a new construction home, featuring quartz countertops, stainless steel kitchen appliances, an in-unit washer and dryer, and premium flooring. It owns or controls approximately 15 communities in Washington, Texas, California, and Florida, containing approximately 517 units or lots in various stages of development.

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Harbor Custom Development Inc

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Post by Iseneschalon Apr 03, 2023 12:18pm

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Post# 35376401

HCDI ..... Volume is decreasing

This could be done....call it a "Frontloaders" delight as they off all their cheap paper to the un-suspecting.

Just keep in mind...... The Directors will want to paper themselves up again....so I would suspect that there will be a P.O....mainly taken down by the insiders. So just be aware that at some point they will run this up again but it will have to churn way more volume than we have seen today....JMHO

Cheers!

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