Harbor Custom Development, Inc. announced that Sterling Griffin, Chief Executive Officer will be retiring from all roles with the Company effective July 12, 2023. Mr. Griffin will serve as a non-executive strategic advisor through January 12, 2025. Jeff Habersetzer, who serves as Harbor's Chief Operating Officer, General Counsel and Corporate Secretary, is expected to be named Interim Chief Executive Officer effective July 12, 2023.

Mr. Habersetzer brings an extensive background in the real estate industry and previously owned a legal practice specializing in real estate and corporate law.