InvestorWire NewsRoom


InvestorNewsBreaks — Community Redevelopment Inc. (CRDV) Announces Investment Veteran as New President
December 29, 2023

InvestorNewsBreaks — Community Redevelopment Inc. (CRDV) Announces Investment Veteran as New President

Community Redevelopment (OTC: CRDV), a significant player in the D.C. metro real estate market, has appointed a new company president. Phil Sands, a seasoned veteran in the investment community, was named the new president and a member of the company’s executive management team. In his new role, Sands will focus on oversight of the company’s investment agenda to secure needed capital for continued and stable growth and will work with CEO Richard Balles to comanage the company’s strategic direction and represent CRDV’s corporate interests with key regulatory entities. Sands has gained impressive leadership experience in both the public and private sectors, having served as CEO, interim CFO, director and president of a variety of companies in both spaces; he has also been instrumental in helping companies raise millions of dollars in capital. “I am excited to build CRDV with someone of the caliber of Phil Sands,” said Community Redevelopment chair and CEO Richard Balles in the press release. “He is a true professional of the highest quality and we are fortunate to have him as our president.”

To view the full press release, visit

About Community Redevelopment Inc.

Community Redevelopment is a full-service, real-estate company with a management team that has extensive experience in acquiring, developing, constructing and managing high-quality multifamily and retail properties. The company is focused on all aspects of the urban real-estate development cycle including land development, design build, property operations and site redevelopment. In addition to the ownership of its operating property portfolio, Community Redevelopment plans to develop and build desirable properties for its own account and/or through joint ventures with affiliated and unaffiliated partners. For more information about the company, please visit

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published:

Los Angeles, CA
310.299.1717 Office
[email protected]

InvestorWire is powered by IBN

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(310) 299-1717

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).