Harbor Custom Development, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jeffrey B. Habersetzer
- Full Time Employees
- 41
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- 11505 Burnham Drive Gig Harbor WA United States of America 98332
- IPO Date
- Aug 28, 2020
- CIK
- 0001784567
- Website
- harborcustomdev.com
- Similar Companies
- Business
- Harbor Custom Development, Inc. Harbor Custom Development, Inc. (HCDI) operates as a real estate development company engaged in all phases of the land development cycle, including land acquisition, entitlements, infrastructure construction, single- and multi-family vertical construction, marketing, sales, and management of residential projects; it develops and sells residential lots, new home communities under the Harbor Custom Homes brand, townhomes, and multi-story condominium and apartment properties within 20- to 60-minute commutes of fast-growing metropolitan employment centers. The Tacoma, Washington-based company, founded in 2014 and formerly known as Harbor Custom Homes, Inc. until its name change in August 2019, conducts operations across Washington, California, Texas, and Florida, targeting markets with population growth, favorable entitlements, infrastructure development, and scenic or accessible locations. Harbor Custom Development maintains approximately 41 employees and focuses on luxury single-family homes, multi-family rentals like the 36-unit Mills Crossing townhomes sold in 2023, and larger communities such as those near Sacramento and Austin. In December 2023, the company and certain subsidiaries filed voluntary petitions for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Western District of Washington to facilitate an orderly wind-down, reporting $224 million in assets and $172.5 million in liabilities as of September 2023; it announced intentions in February 2024 to liquidate remaining assets across its operating states through a court-approved plan, determining no viable path to continue as a going concern amid high interest rates, inflation, and diversification challenges into apartments. The bankruptcy court confirmed the joint Chapter 11 plan in June 2024 following creditor settlements, with the reorganization plan becoming effective on June 6, 2025, marking emergence from bankruptcy proceedings.
Harbor Custom Development announces Chapter 11 bankruptcy protection filing
Why Is Harbor Custom Development (HCDI) Stock Down 34% Today?
Harbor Custom Development, Inc., Announces Chapter 11 Bankruptcy Protection Filing
Here's why penny stocks like GGE, NEXI, ALT, HCDI are pumping
Harbor Custom Development, Inc., Announces Board of Directors' Resignation
Harbor Custom Development announces 17 luxury homes coming to the Horseshoe Bay and Austin MSAs
Harbor Custom Development, Inc., Announces 17 Luxury Homes Coming to the Horseshoe Bay and Austin MSAs
Harbor Custom Development says leasing has begun at Meadowscape apartments in Olympia, Washington
Harbor Custom Development, Inc., Now Leasing Meadowscape Apartments in Olympia, WA
Harbor Custom Development 2Q sales surge fuelled by multifamily project milestone
Harbor Custom Development, Inc. Reports 2023 Second Quarter and Year to Date Financial Results
Harbor Custom Development, Inc., Announces Date of Second Quarter 2023 Earnings Release and Presentation
Harbor Custom Development announces internal promotions, strengthens expertise in key roles
Harbor Custom Development, Inc., Promotes New Leadership Team
Harbor Custom Development CEO Sterling Griffin announces retirement, appoints Jeff Habersetzer as interim replacement
Harbor Custom Development, Inc., Announces Interim CEO at the Annual Meeting of Shareholders
Harbor Custom Development finalizes loan deal with Sound Capital for Belfair View apartment project refinancing
Harbor Custom Development initiates search for new chief financial officer
Harbor Custom Development closes $14.25M sale of Mills Crossing townhomes in Washington State
Harbor Custom Development seeing "good velocity" for its Washington multi-family projects