Fall has arrived at the Shore with renewed purpose and progress. As the year winds down, our team remains focused on execution, quality, and maintaining the steady forward momentum that defines our approach. The South Jersey coastal market continues to evolve, but our discipline in location selection, design, and financial strategy keeps us well-positioned.

Buyers today are intentional — seeking homes that deliver long-term value, thoughtful design, and enduring craftsmanship. That’s exactly where our projects stand apart. Each home we build tells a story of elevated coastal living — blending architectural beauty, comfort, and timeless appeal.

This season has brought encouraging movement across several fronts. Sales activity remains promising, construction continues to advance, and we’re achieving key milestones that reflect both strong planning and commitment. It’s this steady, measured progress that builds lasting results for our investors and partners alike.

Business Updates:

Sold

1116 Ocean Avenue – Unit 2 has officially sold — a welcome surprise with a quick closing that moves us one step closer to investor payouts. For now, proceeds have been directed to the bank as part of our accelerated loan paydown requirement.

Contract Termination

Unfortunately, the sale of 633 Asbury Avenue – Unit 2, Ocean City, NJ has been terminated due to the buyer’s inability to secure financing. While disappointing, interest in the property remains strong, and we are already re-engaging with new prospective buyers.

Building Permit Updates:

• 119 N. 34th Street, Longport, NJ – Permit received and construction is underway.

• 305 Mansfield Avenue, Margate City, NJ – Permit received and ground has been broken.

• 632 West Avenue, Ocean City, NJ – Building permit application submitted and pending approval.

As we approach the end of 2025, our focus remains on steady progress, strong relationships, and delivering the exceptional homes that define our brand. Every project, every sale, and every permit approval brings us closer to our shared goals.

I’m deeply grateful for your continued confidence and partnership. Your support allows us to keep building with vision and purpose — creating lasting value along the South Jersey coast, one home at a time.

Vince Viney, President & Founder