Dream Homes & Development Corp (OTC: DREM) is a residential real estate construction and development company that builds and sells single-family homes, townhomes, and multi-family properties, and develops improved land for sale in central and southern New Jersey. Revenue comes from four business lines: new custom single-family home construction, renovation and elevation projects, improved lot sales to third-party builders, and a growing build-to-lease segment where completed multi-family properties are held for rental income. Operations are concentrated in Ocean, Atlantic, Cape May, Monmouth, and Middlesex counties in New Jersey, targeting first-time buyers, move-up purchasers, and retirees. As of December 31, 2025, principal stockholders, directors, and executive officers controlled approximately 79.0% of outstanding common shares, with 48,564,493 shares issued and outstanding. The company has no audit committee financial expert, citing prohibitive cost. Active projects as of the 10-K filed April 17, 2026 include the Lacey Pines development and a 70-unit townhome project in Bayville, NJ (Berkeley Terrace), financed through a $4,670,000 construction facility closed March 31, 2023.

Revenue model

Transactional revenue from sales of completed homes and improved building pads to end buyers and national builders, renovation and elevation project fees, and rental income from build-to-lease properties held on balance sheet.

Products and services

New single-family and multi-family site-built and modular home construction; townhomes and condominiums; renovation and elevation projects; land development and infrastructure installation; improved lot sales; build-to-lease residential properties; engineering and structural services.

Customers and end markets

First-time homebuyers, move-up purchasers, and retirees in central and southern New Jersey. National homebuilders purchasing improved building pads in bulk (e.g., Lacey Pines pad sales in January, July, and October 2025). End-market demand driven by housing demand, buyer financing availability, interest rates, consumer confidence, and population growth.

Value-chain role

Fully integrated residential developer and builder: acquires land, obtains planning and zoning approvals, installs infrastructure, constructs homes or prepares improved lots, and either sells directly to buyers or national builders, or retains completed units for lease.

Geographic exposure

Primarily central and southern New Jersey, including Ocean, Atlantic, Cape May, Monmouth, and Middlesex counties. Active project sites include Bayville, NJ (Berkeley Terrace townhomes, Louis Avenue townhomes) and the Lacey Pines development. The company states intention to expand into additional markets.

Source: SEC 10-K, filed 2026-04-17

Industry: Operative Builders