Safe and Green Development's JV acquires Texas lots, obtains $1.09M construction loan

RenX Enterprises Corp.

Sugar Phase I LLC acquired 22 lots in South Texas for $440,000 for residential development.
Loan of up to $1,092,672.75 at SOFR+5.71% (floor 9.740%), matures March 12, 2026.
Loan secured by property; Company and JV partner guarantee jointly and severally.
Loan origination fee of $23,110; proceeds for construction, lender expenses, and acquisition costs.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.