By Megan Wehring DRIPPING SPRINGS — A national developer has expanded its footprint into the Texas market with 208 single-family lots, including a handful in the Dripping Springs area. In March, Harbor Custom.
Harbor Custom Development, Inc. Establishes New Banking Relationship with Washington Federal and Secures $6,383,000 in Construction Financing. Harbor Custom Development, Inc. Gig Harbor, UNITED STATES
Gig Harbor, Washington , April 08, 2021 (GLOBE NEWSWIRE) Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has established a new corporate banking relationship with Washington Federal Inc. DBA “WaFd Bank” and secured $6,383,000 in construction financing for 13 single family homes at Soundview Estates, a 339 lot subdivision located in Bremerton, Washington.
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. footpr
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Harbor Custom Development, Inc. Establishes New Banking Relationship with Washington Federal .
Harbor Custom Development, Inc.April 8, 2021 GMT
Gig Harbor, Washington , April 08, 2021 (GLOBE NEWSWIRE) Harbor Custom Development, Inc. (“Harbor,” “Harbor Custom Homes®,” or the “Company”), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has established a new corporate banking relationship with Washington Federal Inc. DBA “WaFd Bank” and secured $6,383,000 in construction financing for 13 single family homes at Soundview Estates, a 339 lot subdivision located in Bremerton, Washington.
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Gig Harbor, Washington , March 17, 2021 (GLOBE NEWSWIRE) Harbor Custom Development, Inc. ( Harbor, Harbor Custom Homes®, or the Company ), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has secured $7,683,000 in financing from Sound Capital for the acquisition of 30 lots in Horseshoe Bay, Texas, and construction loans for nine lots in Dripping Springs, Texas.
Harbor Custom Homes® previously announced contracting to acquire the 30 Horseshoe Bay, Texas lots which the Company anticipates commencing home construction on in the third quarter of 2021. The lots are located near the destination resort, The Club at Horseshow Bay, (clubhsbresort.com). Anticipated pricing for the 4 and 5 bedroom homes will range from $600,000 to $1,000,000. Harbor also anticipates beginning construction on the nine lots in the La Ventana subdivision in Dripping Springs, Texas beginning i