Harbor Custom Development Inc

OTC:HCDIQ

Harbor Custom Development, Inc. is an emerging growth company, which engages in the construction, sale, and management of residential properties. The company is headquartered in Gig Harbor, Washington and currently employs 80 full-time employees. The company went IPO on 2020-04-02. The firm is involved in all aspects of the land development cycle, including land acquisition, entitlements, development, construction of project infrastructure, single and multi-family vertical construction, marketing, sales, and management of various residential projects in Washington, California, Texas, and Florida. The Company’s segments include Homes, Developed lots, Entitled land, and Fee build. The company owns and leases heavy equipment, which it utilizes to build and develop residential subdivisions and multi-family communities. The equipment is primarily used for land clearing, site development, public and private road improvements, installation of wet utilities such as sewer, water, and storm sewer lines, in addition to construction of dry utility lines for power, gas, telephone, and cable service providers. Its projects include Soundview Estate Phase 7; Olympic Ridge; Stonehouse, and The Ranch at Lakeside.