Business
LiveToBeHappy, Inc.’s Sinacori Builders Continues to Build Momentum Across the Southern U.S.
LiveToBeHappy, Inc.’s Sinacori Builders Continues to Build Momentum Across the Southern U.S..
About this update from Cavu Resources Inc.
[{"type":"text","content":"\n CHARLOTTE, N.C., Oct. 29, 2021 (GLOBE NEWSWIRE) -- LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) (“LiveToBeHappy” or the “Company”), a land developer and community home builder in the Southern U.S. with a differentiating technology marketing platform, today announced several updates for its wholly owned subsidiary, Sinacori Builders, including: Closed on the townhome site sale to Tri-Pointe Builders in Charlotte, N.C. for approximately $4.5 millionBrought three new custom homes in the Charlotte, N.C. area under contract for over $1 million eachAcquired property to build seven estate homes in Charlotte, N.C. at the Carmel 7 Estates for approximately $2.2 millionSecured an option on 42 lots in Gastonia, N.C.Received approval to re-zone a 100-acre tract in Rock Hill, N.C. for multi-family development Kevin Vincent Cox, Chief Executive Officer of LiveToBeHappy, Inc., added, “Our team is very pleased with the high level of demand for Sinacori Builders’ homebuilding services, which is supporting strong momentum in our Real Estate Platform. Through the addition of multiple properties and lots, we expect to significantly expand LiveToBeHappy’s reach across the Southern U.S. and vertically integrate the platform. We continue to make meaningful progress towards our goal of creating diversified revenue streams across both residential and commercial real estate, infrastructure, and land development. These transactions further advance LiveToBeHappy’s position as a leading real estate development company in the rapidly growing Southern U.S. market.” Russ Sinacori, Chief Executive Office of Sinacori Builders, commented, “We continue to see strong migration patterns to the Southern U.S. as an increased number of individuals and families look to shift out of major metropolitan areas. The closure of these deals provides Sinacori with a strong building pipeline, demonstrating the growing desire for our custom-built homes. We are clearly positioned for success with the opportunity for increased capacity within our high-quality residential real estate offering.” About Sinacori BuildersSinacori Builders, a LiveToBeHappy, Inc. company, is a technology-driven real estate company with more than $14 million in assets and over $10 million in secured contracts/closings in 2020. This w...