Forge Innovation Development Corp (FGNV) Earnings

Forge Innovation Development Corp. engages in the development of real estate properties. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property, such as stores, offices, private schools, and others, to non-affiliated third parties. Its principal activities are securing acquisition rights to properties, obtaining zoning and other entitlements for the properties, securing financing for the purchase of the properties, improving the properties’ infrastructure and amenities, and selling properties to third parties. Its property development activities are centered in the Southern California area. The company focuses on developing a diversified real estate portfolio by investing in residential real estate, including single-family housing, condos and townhomes and commercial properties, including strip-malls and small office buildings. The company also focuses on providing property management for its properties.