Business
Traditional Home Builder Dream Homes & Development Signs Strategic Partnership with LIG Assets, Inc.
Traditional Home Builder Dream Homes & Development Signs Strategic Partnership with LIG Assets, Inc..
About this update from Dream Homes & Development Corporation
[{"type":"text","content":"\n \n \n Traditional Home Builder Dream Homes & Development Signs Strategic Partnership with LIG Assets, Inc.\n \n \nTraditional Home Builder Dream Homes & Development Signs Strategic Partnership with LIG Assets, Inc.\n\nAgreement details plans for Dream Homes to transition from commonly used construction materials to the next generation in building supported by LIG Assets\n\n \n FORKED RIVER, NJ--(Marketwired - May 24, 2017) - Dream Homes & Development Corporation (OTCQB: DREM), an established traditional home builder, has signed a long-term Strategic Partnership Agreement with LIG Assets, Inc. (OTC PINK: LIGA). Dream Homes is led by its Chairman & CEO Vincent C. Simonelli, who has been directly involved in the construction of over 2000 home and commercial projects over the past 25 years in the State of New Jersey. Dream Homes has projected it will complete over $40 million new homes and renovation projects for the next two years.\n Management at Dream Homes is committed to using improved construction materials, building techniques, engineering, and architectural designs, which is the reason the strategic partnership with LIGA is an excellent fit. Dream Homes intends to begin incorporating LIGA systems in new and ongoing projects beginning immediately. As an initial test project, Dream Homes has identified a property near the New Jersey shoreline to construct a home similar to the home now being built by LIG Assets in Panama City, FL. This house will serve as a model for future development of this kind. \n Since Dream Homes is already considered a successful, respected, and established construction company that has served to elevate or reconstruct over 170 homes in New Jersey specifically damaged by Storm Sandy, the newly built property with LIG Assets will serve to demonstrate how a home could better resist potential damage from another major storm, hurricane, fire, or flood. Since Sandy, legislation now requires homeowners damaged by the storm to elevate their property and abide by new codes. Dream Homes is ideally positioned and experienced to represent these new plans, and offer homeowners in New Jersey a better way to rebuild.\n Dream Homes has a conservative target to utilize LIGA sourced materials in at least 50% of its building projects within five years. Assuming currently projected building projects no...