Harbor Custom Development, Inc. Contracts to Sell Bridge View Trail Apartment Site in Port Orchard, WA for $11,000,000

TACOMA, Wash, April 28, 2023 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), a real estate company involved in all aspects of the land development cycle, today announced it has entered into a contract to sell the land and site improvements for the future Bridge View Trail apartments in Port Orchard, WA to a leading, fully integrated global real estate company for $11,000,000. The anticipated closing of the property would occur on or before June 30, 2023, upon the buyer’s satisfaction and waiver of their feasibility contingency.

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