Wednesday, November 19, 2014

SG Blocks to Partner With Palladium Management and Dillon Hill Capital on Multifamily and Mixed-Use Developments in the Greater New York Area


NEW YORK, Nov 19, 2014 (GLOBE NEWSWIRE via COMTEX) SG Blocks (OTCQB:SGBX), a premier innovator and designer of container-based structures, today announced it has partnered with Manhattan-based Palladium Management on multifamily and mixed-use developments in the Greater New York area. SG Blocks investor Dillon Hill Capital, a New York based financial advisory, management consulting and investment management firm, will provide capital on a deal by deal basis. Teaming with Palladium will allow the SG Blocks Building System to be deployed throughout new markets, which will save time and money for developers and end users said Paul Galvin, Chairman and CEO of SG Blocks. The combination of our three firms will help unleash the value of underutilized land leveraging the speed and efficiency of modular construction and our environmentally friendly repurposed containers. Through the partnership, Palladium will identify projects, invest in and raise funds for multi-family and mixed-used develo
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