Safe and Green Development Corporation Inks Partnership to Provide Mortgage Services via the Xene Platform Across 49 States in the U.S
09 5월 2024 - 9:45PM
Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or
the “Company”) is pleased to announce its partnership with
Affiliated Services Group (ASG) to offer mortgage banking related
services on its innovative Xene platform across 49 states in the
U.S. ASG, an industry leader in mortgage banking services, is
bringing its extensive experience and expertise to this venture. By
joining forces with SG Devco, ASG is further solidifying its
commitment to providing top-notch, sustainable financial solutions
to homeowners nationwide. This collaboration will allow both
companies to deliver seamless and efficient mortgage services to
customers across the United States.
David Villarreal, CEO of Safe and Green
Development Corporation, expressed his enthusiasm regarding the
partnership, stating, “We are incredibly excited about our
partnership with ASG and the immense potential it holds. This
collaboration will not only expand our reach but also enable us to
leverage ASG’s expertise in offering comprehensive mortgage banking
services. Together, we intend to revolutionize the industry by
delivering safe, sustainable, and customer-centric solutions
through our Xene platform.”
"We are delighted to integrate the ASG services
with the XENE AI real estate platform,” said Tim Walsh, CEO
of ASG. Tim added, “We believe we will create a next generation
approach to delivering mortgage services on a nationwide basis and
create a broader and more efficient platform for real estate
professionals and consumers." Tim further explained, "the
combined expertise of both enterprises and the innovative Xene AI
component will expedite consumer purchases with increased
efficiency and cost savings."
Through this collaboration, ASG will leverage
the Xene platform’s advanced capabilities to streamline mortgage
processes and enhance the customer experience. The partnership aims
to provide customers with convenience, speed, and security
throughout the mortgage application and approval journey.
About Safe and Green Development
CorporationSafe and Green Development Corporation is a
real estate development company. Formed in 2021, it focuses on the
development of sites using purpose-built, prefabricated modules
built from both wood and steel. The thesis of development is to
build strong, innovative and green, single or multifamily projects
across all income and asset classes. Additionally, a majority owned
subsidiary of SG DevCo, Majestic World Holdings LLC, is a
prop-tech company that has created the XENE Home Platform. It is
powered by advanced AI technology which aims to decentralize the
real estate marketplace, 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.
More information about SG DevCo can be found
at www.sgdevco.com.
Safe Harbor StatementThis 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. 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 and
include statements regarding plans to offer mortgage banking
related services through ASG on the Company’s Xene platform across
49 states in the U.S., delivering seamless and efficient mortgage
services to customers across all the United States, the
potential the partnership with ASG holds, the collaboration
expanding the Company’s reach and enabling it to leverage ASG’s
expertise in offering comprehensive mortgage banking services,
together revolutionizing the industry by delivering safe,
sustainable, and customer-centric solutions through the Xene
platform, creating a next generation approach to delivering
mortgage services on a nationwide basis and creating a broader and
more efficient platform for real estate professionals and
consumers, the combined expertise of both enterprises and the
innovative Xene AI component expediting consumer purchases with
increased efficiency and cost savings. ASG leveraging the Xene
platform’s advanced capabilities to streamline mortgage processes
and enhance the customer experience, the partnership providing
customers with convenience, speed, and security throughout the
mortgage application and approval journey, and Xene Home 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.
Statements in this press release that are not
strictly historical in nature are forward-looking statements.
Actual events or results may differ materially from those projected
in any of such statements due to various factors, including the
Company’s ability to offer mortgage banking related services
through ASG on the Company’s Xene platform across 49 states in the
U.S., the Company’s ability with ASG to deliver seamless and
efficient mortgage services to customers across the United States
states, the Company’s ability to expand its reach and leverage
ASG’s expertise in offering comprehensive mortgage banking
services, the Company’s ability with ASG to revolutionize the
industry by delivering safe, sustainable, and customer-centric
solutions through the Xene platform, the Company’s ability with ASG
to expedite consumer purchases with increased efficiency and cost
savings, the Company’s ability with ASG to provide convenience,
speed, and security throughout the mortgage application and
approval journey, the Company’s ability to attract banks,
institutions, home builders, clients, agents, vendors, gig workers,
and insurers to join the Xene Home platform, the Company’s ability
to monetize its real estate holdings and the 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 Safe and Green
Development Corporation 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 RelationsAndrew@Barwicki.com
516-662-9461
Safe and Green Development (NASDAQ:SGD)
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부터 8월(8) 2024 으로 9월(9) 2024
Safe and Green Development (NASDAQ:SGD)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024