Exhibit 10.1

COMPREHENSIVE RESTRUCTURING AND COLLATERAL AGREEMENT

(Master Agreement Covering the Texas Property, Oklahoma Property, and Georgia Property) THIS RESTRUCTURING AND COLLATERAL AGREEMENT (“Agreement”) is entered into by and between Austerra Stable Growth Fund, L.P., a Texas limited partnership (“Lender”), and Safe and Green Development Corporation, a Delaware corporation (“Borrower”), and Norman Berry II Owner, LLC, A Georgia Limited Liability Company (“Borrower”) effective as of January 6, 2026 (“Effective Date”).

The parties agree as follows:

ARTICLE I

DEFINITIONS AND INCORPORATED DOCUMENTS

Unless otherwise stated, all capitalized terms have the meanings assigned herein or within the loan documents incorporated into this Agreement.

The real property involved in this restructuring is legally described on the following Exhibits, incorporated here by reference:

References in this Agreement to “Texas Property,” “Oklahoma Property,” and “Georgia Property” refer to the properties described on these Exhibits.

This Agreement incorporates by reference:

ARTICLE II

PURPOSE AND GLOBAL STRUCTURE OF TRANSACTION

This Agreement is executed to:

Borrower acknowledges that total indebtedness exceeds $6,000,000 principal and $750,000+ accrued interest, all of which remains outstanding and undisputed.

ARTICLE III

TEXAS PROPERTY — DEED IN LIEU + PERFORMANCE NOTE + SPRINGING OBLIGATION

Borrower shall execute and deliver to Lender a Deed in Lieu of Foreclosure conveying full title to the Texas Property.

The DILF shall:

Borrower acknowledges:

Borrower shall execute a Texas Performance Note and Deed of Trust, which will:

The Texas Performance Note becomes effective automatically if, within 24 months of the Effective Date:

Upon springing into effect:

Upon sale of the Texas Property by Lender (or a subsequent owner):

This structure incentivizes Borrower performance while protecting Lender’s capital recovery.

ARTICLE IV

OKLAHOMA PROPERTY — MODIFICATION OF EXISTING NOTE

The original Oklahoma Note shall remain in full force and effect, but will be modified as follows:

The recorded Oklahoma Mortgage remains valid and enforceable. Borrower agrees to execute all amendments necessary to confirm lien position.

ARTICLE V

GEORGIA PROPERTY — NEW SECURED NOTE & DEED OF TRUST

Borrower shall execute a new Georgia Secured Note and Georgia Security Deed securing the remaining indebtedness after accounting for:

The Georgia Note shall include:

Georgia collateral is required for additional lender protection and to ensure Borrower has continuing financial incentive to resolve all obligations.

ARTICLE VI

CROSS-COLLATERALIZATION, CROSS-DEFAULT, AND GLOBAL REMEDIES

All obligations of Borrower to Lender are cross-collateralized across:

A default under any Note, Security Instrument, or performance obligation is a default under ALL agreements between Borrower and Lender.

ARTICLE VII

GUARANTIES REMAIN FULLY ENFORCEABLE

Borrower acknowledges:

Borrower expressly reaffirms all guaranties which are incorporated herein as a condition of restructuring.

ARTICLE VIII

REPRESENTATIONS, ADDITIONAL DOCUMENTS, AND CONDITIONS PRECEDENT

Borrower must provide:

ARTICLE IX MISCELLANEOUS

This Agreement:

BORROWER:

SAFE AND GREEN DEVELOPMENT CORPORATION, A DELAWARE CORPORATION

BORROWER:

NORMAN BERRY II OWNERS, LLC, A GEORGIA LIMITED LIABILITY COMPANY
By: CMC DEVELOPMENT GROUP, LLC,

A GEORGIA LIMITED LIABILITY COMPANY, ITS MANAGER

BORROWER:

NORMAN BERRY II OWNERS, LLC, A GEORGIA LIMITED LIABILITY COMPANY
By: SGB DEVELOPMENT CORP., A DELAWARE CORP.,

ITS MANAGER

SIGNING INDIVIDUALLY:

LENDER:

AUSTERRA STABLE GROWTH FUND, L.P., a Texas limited partnership

By: Austerra Wealth Management, LLC, a Texas limited liability company
Its General Partner