Community Redevelopment Inc. (CRDV)

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$CRDV Nov 29, 2021 (GLOBE NEWSWIRE via COMTEX) -- MIAMI, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Community Redevelopment (OTC: CRDV) ("the Company"), a developer of community oriented real estate in urban and suburban markets with a focus on all aspects of the real estate development cycle, announced today that it has signed a letter of intent to acquire a 51% majority membership interest in a portfolio of 12 properties, which are both leased and under development, in the Washington DC metropolitan region. Community Redevelopment sourced this opportunity off-market and leveraged its reputation as a strong and credible buyer to enter into the letter of intent.

Community Redevelopment Continues Expansion; Signs LOI To Acquire Majority Membership Interest in 12 Property Washington, DC Portfolio https://www.marketwatch.com/press-release/community-redevelopment-continues-expansion-signs-loi-to-acquire-majority-membership-interest-in-12-property-washington-dc-portfolio-2021-11-29?reflink=mw_share_twitter