LiveToBeHappy, Inc.'s Sinacori
Builders Continues to Build Momentum Across the Southern
U.S.
Closing of numerous transactions
highlights significant advancement of the Company's Real Estate
Platform, supporting its long-term growth strategy
Charlotte, N.C., October 29, 2021 --
InvestorsHub 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
million
-
Brought three new custom homes in
the Charlotte, N.C. area under contract for over $1 million
each
-
Acquired property to build seven
estate homes in Charlotte, N.C. at the Carmel 7 Estates for
approximately $2.2 million
-
Secured 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 Builders
Sinacori 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 wholly owned subsidiary has a strong foothold in Charlotte,
North Carolina, and is expanding its footprint throughout the
Southern U.S. The Company plans on growing its brand and enhancing
its value by leveraging its connections with the country's top
builders to become a national player. To learn more, visit
www.sinacoribuilders.com.
About LiveToBeHappy, Inc.
LiveToBeHappy, Inc. is a land developer and community home
builder in the Southern U.S. with a differentiating technology
marketing platform. LiveToBeHappy Inc.'s wholly
owned subsidiary, Sinacori Builders, is a residential land
development and custom single- and multi-family home builder in
Charlotte, N.C.
Looking forward, LiveToBeHappy, Inc. has several pending
acquisitions under Letters of Intent which are expected to
transform the Company into a vertically integrated real estate
development company with a broader footprint and more diversified
revenue stream. For more information, please visit our website
at www.livetobehappy.com.
Forward-Looking
Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
All statements contained in this release that do not relate to
matters of historical fact should be considered forward-looking
statements, including statements that include the words "expect,"
"intend," "plan," "believe," "project," "forecast," "estimate,"
"may," "should," "anticipate" and similar statements of a future or
forward-looking nature. These forward-looking statements are based
on management's current expectations. These statements are neither
promises nor guarantees, but involve known and unknown risks,
uncertainties and other important factors that may cause actual
results, performance, or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. Readers are cautioned
not to place undue reliance on any forward-looking statements,
which speak only as of the date on which they are made. The Company
undertakes no obligation to update or revise any forward-looking
statements for any reason, except as required by law.
Investor Contacts:
Alpha IR Group
Lisa Fortuna or
Sam Cohen
LTBH@alpha-ir.com