DREMDream Homes & Development Corporation

About Dream Homes & Development Corporation (DREM)

Dream Homes & Development Corporation (DREM) is a Residential Construction company headquartered in Forked River, NJ, United States whose shares trade over-the-counter on the Pink tier.

Dream Homes & Development Corporation is a real estate construction and development company, which is focused on the development opportunities in the central and southern New Jersey areas, including new site built and modular home construction, home renovation, elevation and house moving projects, demolition and all aspects of residential construction. The Company also operates a land development division, which options, approves and improves property for new residential single family homes, town homes and apartments. Since 2012, Dream has completed over 400 elevation projects, and the executive team has completed over 1600 new homes in 200 subdivisions in New Jersey since 1993. At this time, Dream is the only fully reporting publicly traded SEC company in New Jersey performing both elevation / renovation projects as well as demolition and new construction. The company offers a full-service package to homeowners, including planning and zoning approvals, architectural and engineering design, complete elevation and project management services, and demolition and new construction. In addition to its elevation/renovation & new construction divisions, the company has also has acquired and is in development for, 267 residential units divided over 4 separate projects. These developments, which were all acquired in 2021, include a 17-unit townhouse project, a 68 unit townhome project, a 70 unit apartment project and a 112 unit apartment project.

Products and services

The Company performs a number of construction and real estate activities including new home construction, additions, renovation and elevations, general contracting, and home elevation projects. In the new home division, the Company builds both site built and modular homes. In the renovation division, the Company is active in all aspects of residential construction. Both divisions build on either lots owned by the Company and lots owned by clients. The Company is also active in real estate development of new home subdivisions and multi-family projects. The Company will typically option land, bring it through the local and state approval process, acquire the improved property, and install the improvements. The Company may continue to build the project or may sell upon approvals, or improvements being installed.

DREM key facts

Ticker symbol

DREM

Market tier

Pink

Sector

Consumer Cyclical

Industry

Residential Construction

Headquarters

Forked River, NJ, United States

Country of incorporation

US

Year of incorporation

2009

Employees

12

Estimated market cap

$602.2K (as of May 9, 2025)

Shares outstanding

48,564,493

Reporting standard

U.S. Reporting: SEC Reporting

Audit status

Audited

Fiscal year end

12/31

Dream Homes & Development Corporation leadership

• Vincent Charles Simonelli — CEO, CFO
• Valerie Jones — Senior VP
• Christopher Deiteric — Director, Leg. & Bus. Aff.

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