Dream Homes & Development Corp. (OTC: DREM)

Dream Homes & Development Corp. is a regional developer specializing in new single and multi-family subdivisions, coastal new home and modular construction, elevation, Build to Lease, and Improved Lots for Sale. With a history dating back to 1993, the company has built over 2,000 new homes and completed more than 400 elevation, renovation, and addition projects. Dream Homes operates primarily in central and southern New Jersey, focusing on residential communities and various construction services.

The company generates revenue through several streams, including the development and sale of residential communities, construction of single-family and multi-family homes, Build to Lease properties, and the development and improvement of Finished Lots for Sale to national builders. Dream Homes caters to a diverse customer base, including first-time homebuyers, move-up purchasers, retirees, and young professionals, as well as institutional investors such as pension and hedge funds, insurance companies, and venture capital firms.

• New Construction & Development: This segment involves the development and sale of residential communities, including single-family and multi-family homes. Dream Homes focuses on fully approved or improved properties to minimize risks associated with land development. The company also explores opportunities in modular and manufactured homes, townhomes, and condominiums. This segment caters to first-time and move-up homebuyers, as well as those relocating due to retirement or life changes.

• Renovation/Elevation Work: Dream Homes offers elevation and renovation services for existing homes, addressing damage and obsolescence. This segment targets homeowners looking to upgrade or repair their properties, as well as those affected by natural disasters or other damaging events.

• Build to Lease: This segment involves the construction of multi-family developments intended for lease upon completion. Dream Homes holds these properties to generate rental income, responding to the market's shortage of rental properties and the preference of lenders and investors for safer, long-term investments.

• Improved Lots for Sale: Dream Homes develops and improves building lots to sell to national home builders. This segment caters to builders seeking finished lots for their construction projects, capitalizing on the virtually unlimited demand in this market.

Dream Homes & Development Corp. holds a strong position in the regional real estate market, particularly in central and southern New Jersey. The company's competitive advantages include its comprehensive turn-key solutions, from site or architectural plan design through project completion, and its extensive experience in the developmental and approval process throughout New Jersey. Additionally, Dream Homes benefits from the chronic affordable housing shortage in the region, which aligns with its focus on entry-level and first-time move-up housing.

The company's customer base is diverse, encompassing individual homebuyers and renters, as well as institutional investors. While specific customer names are not disclosed, Dream Homes serves first-time and move-up homebuyers, retirees, young professionals, and investors such as pension and hedge funds, insurance companies, and venture capital firms. The company's target markets include Ocean, Atlantic, Cape May, Monmouth, and Middlesex counties in New Jersey, which offer attractive real estate investment opportunities and fundamental support for residential housing demand.