Safe and Green Development Corporation Secures Construction Loan for Model Home

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions, and include statements regarding the Company's plans to construct a model home in South Texas providing potential buyers and partners with a tangible example of  the Company's design and construction capabilities, streamlining the decision-making process for future projects, expanding the Company's footprint in the South Texas area, launching multiple residential communities in the near future, facilitating the financing arrangement through a construction loan, fulfilling the terms and conditions to the loan and closing on the loan within 30 days,  driving innovation and sustainability in the real estate sector, bringing high-quality housing options to the South Texas region and creating an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment.

These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, and expected future developments, as well as other factors we believe are appropriate in the circumstances. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to commence construction and complete the model home in South Texas as planned, the Company's ability to expand its footprint in the South Texas area and launch multiple residential communities in the near future, the Company's ability to fulfill the terms and conditions to the loan and close within 30 days, the Company's ability to drive innovation and sustainability in the real estate sector, the Company's ability to create an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment, the Company's ability to obtain the capital necessary to fund its activities, the Company's ability to monetize its real estate holdings, and other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and its subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

For investor relations and media inquiries, please contact:
Barwicki Investor Relations
Andrew@Barwicki.com
516-662-9461

View original content:https://www.prnewswire.com/news-releases/safe-and-green-development-corporation-secures-construction-loan-for-model-home-302269913.html

SOURCE Safe and Green Development Corporation