Safe & Green Holdings Corp. Subsidiary Olenox Secures $2.4 Million Loan Contingency for Texas Property Acquisition

Reuters10-01

Safe & Green Holdings Corp. Subsidiary Olenox Secures $2.4 Million Loan Contingency for Texas Property Acquisition

**Safe & Green Holdings Corp. Subsidiary Secures $2.4 Million Loan for Texas Property Acquisition** Safe & Green Holdings Corp. announced that its wholly owned subsidiary, Olenox Corp, has entered into a definitive agreement to purchase office and warehouse property in Conroe, Texas for $3 million. The transaction is contingent upon Olenox obtaining a third-party loan of $2.4 million, secured by the property, with a term of at least 20 years and an initial interest rate not to exceed 8%. The company must secure this financing before the purchase can be completed. Olenox has also entered into a lease agreement with the seller for the interim period, with a portion of lease payments credited toward the purchase price at closing. The new financing arrangement is a key step in expanding Safe & Green's operational footprint in Texas.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safe & Green Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-094402), on October 01, 2025, and is solely responsible for the information contained therein.

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Subsidiary Olenox Secures $2.4 Million Loan Contingency for Texas Property Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-01 21:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Safe &amp; Green Holdings Corp. Subsidiary Olenox Secures $2.4 Million Loan Contingency for Texas Property Acquisition\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        **Safe &amp; Green Holdings Corp. 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