Greenbriar Sustainable Living Inc V.GRB

Credible REAL builder projects no $100m vAluations

[pigsandsheep]

https://www.bizjournals.com/phoenix/news/2021/08/18/mattamy-homes-goes-big-in-valley-market.html

In May, Mattamy Homes paid $20.56 million for an 85-acre parcel in the San Tan Heights master-planned community in San Tan Valley, with plans to build 324 homes in a community to be called Pinnacle at San Tan Heights. Those homes are expected to be open for sale in late summer 2022.

 

In July, Mattamy paid $33 million for a 153-acre site called Empire Pointe in Queen Creek, where plans call for building 533 homes.

That deal represents Mattamy's largest purchase in the past 10 years in Arizona and its largest in the U.S. in the past three years. That community is expected to open in October 2022.

Harbor Custom Development Inc announced that it has acquired Grandis Pond —a 438-acre master-planned community in Blaine— on the Washington-Canadian border for $14 million. 

The Gig Harbor, Washington-based company said that Grandis Pond is the largest project the company has contracted for purchase to date and will nearly double its current inventory. 

Harbor told its investors that a mix of residential housing with up to 997 single and multi-family housing units and around 48,000 square feet of neighborhood commercial space will be added with the new acquisition. https://ca.paidpromotionalmessages.com/companies/amp/news/968182

jeff is out if touch with reality and needs to stop throwing $100m dollars figures as if he already achieved them. He has zero experience in the US home builder industry and his numbers are absurd. Why no update on Phantim. I bet they walked away from this flake

[9Islucky]

Is Phoenix in California?

[shneps]

He never said anything about "just in California. He said "No big well funded builder has entitlement for 995 homes in a USDA overlay." This references anywhere the USDA operates.

[Letsmakemoney9]

Well this is different, Mattamy only paid that much for the lands , but in Jeff's deal he will responsible to build the whole sage ranch for 140m . Which ready to break ground soon . And in the news press , it mentioned they still negotiating with phantom 

[shneps]

The offer was until business close yesterday. It was either acceptable or declined.  What was it? Still negotiating is not part of an official offer.

[9Islucky]

Shnepper: Jeff had until yesterday to accept or reject.Obviouly the offer was not accepted.Therefore there is no offer and negotiations are underway free of any prior legal constraints and without any direction as to where  and how far they go.

[shneps]

So, the offer was till business close on July 6th to accept or reject. Then on July 6th a NR comes out after business hours that has been written, reviewed by the lawyers and executive, submitted to IROC for approval and finally decimated to the newswires. Certainly appears to me they knew long before the end of business day July 6th the offer was rejected.

[9Islucky]

Me too.