The US Bankruptcy Court gave an order approving the sale of the certain assets of Harbor Custom Development, Inc. on February 23, 2024. The debtor has been authorized to sell its certain assets to Geoffrey Thomas Fischer and Lindsey Ann Fischer, for 404 Paintbrush Property for a purchase price of $1.05 million in cash, and to Jeff Wade Jackson for 500 Paintbrush Property for a purchase price of $1.02 million in cash. The debtor?s assets include Summit Rock real property with common address of 404 Paintbrush, Horseshoe Bay, Texas, 78657, also known as lot 62, block 0.42 AC in the County of Llano, Texas, and Summit Rock real property with common address of 500 Paintbrush, Horseshoe Bay, Texas 78657, and known as lot 65, Summit Rock Phase One LT 65 0.430 AC.

The transactions are expected to close on March 14, 2024.