GlobeNewswire Inc | Oct 19, 2020 04:47PM EDT

October 19, 2020

GIG HARBOR, Wash., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Harbor or the Company), (NASDAQ:HCDI), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced Sterling Griffin, President and CEO of Harbor, is scheduled to appear on Fox Business Networks Varney & Co. program tomorrow, Tuesday, October 20, 2020. Varney & Co. airs on Fox Business Network from 9:00 am to 12:00 pm Eastern Time, Monday through Friday.

During his appearance Mr. Griffin may provide updates on catalysts that he believes are driving the real estate markets and current trends in suburban residential markets, as well as discussing how the Company is well positioned to capitalize on the current market dynamics. Harbor intends to post a video recording of Mr. Griffins appearance on its website, www.harborcustomdev.com following the conclusion of the interview.

About Harbor Custom Development, Inc.

Harbor Custom Development, Inc. is a real estate development company involved in all aspects of the land development cycle including land acquisition, entitlements, construction of project infrastructure, home building, marketing, sales, and management of various residential projects in Western Washingtons Puget Sound region. Harbor has active or recently sold out residential communities in Gig Harbor, Bremerton, Silverdale, Bainbridge Island, and Allyn in the state of Washington. Harbor Custom Developments business strategy is to acquire and develop land strategically, based on an understanding of population growth patterns, entitlement restrictions, infrastructure development, and geo-economic forces. Harbor focuses on real estate within target markets with convenient access to metropolitan areas that are generally characterized by diverse economic and employment bases and increasing populations. For more information on Harbor Custom Development, Inc., please visit www.harborcustomdev.com.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements within the meaning of the federal securities laws. Words such as may, might, should, believe, expect, anticipate, estimate, continue, predict, forecast, project, plan, intend or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, including without limitation those set forth in the Companys filings with the Securities and Exchange Commission. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Investor RelationsHanover InternationalIR@harborcustomdev.com 866-744-0974