Gig Harbor, Washington, May 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 2021 first quarter revenues were $13,874,200 with a net loss of $1,549,200. Harbor CEO, Sterling Griffin stated, “We are focused on acquiring real estate assets in the fastest growing regions of the country to capitalize on the extreme shortage of housing nationwide. As a result of our significant progress, we anticipate achieving profitability in the second quarter of 2021.”
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