Community Redevelopment Business Summary

Community Redevelopment Inc. (CRDV) operates as a diversified holding company that recently pivoted from a pure-play real estate developer to a multi-vertical acquisition vehicle. The company generates revenue through property management fees, rental income from its multifamily and commercial portfolios, and capital gains from the sale of redeveloped assets. Its primary business segments include real estate acquisition and development—specifically focusing on Naturally Occurring Affordable Housing (NOAH) and mixed-use urban projects—alongside its newer strategic verticals in technology, accounting, and small business financing. Positioned as a community-oriented redeveloper in secondary and tertiary markets, CRDV competes with firms such as RenX Enterprises, UC Asset, and Sunrise Real Estate Group. It distinguishes itself by utilizing a proprietary model to accelerate property lease-ups and exploring blockchain-based real estate tokenization to enhance liquidity in traditionally underinvested urban neighborhoods. The leadership team is currently headed by CEO and Director Phil Sands, a seasoned investment veteran with extensive experience in capital raising and executive management for both public and private entities. The company was significantly shaped by the founding influence of Richard Balles, a prominent Washington D.C. real estate developer, and Garfield Antonio, who brings over 30 years of expertise in municipal financing and large-scale redevelopment. Key executive roles include Jeanne Freddura, who serves as the Senior Vice President of Finance and Development, and Michael P. Zink, a CPA with a background in complex accounting for public real estate firms. The Board of Directors is led by Chairman Joseph Gibbons and includes David M. Nissman, providing a governance structure focused on institutional growth and regulatory compliance as the firm targets an eventual up-listing to major exchanges.