Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
News Release Digital Asset Direct

RESO Announces 2024 Board of Directors Election Winners

RESO

The results of the Real Estate Standards Organization (RESO) 2024 Board of Directors election have been announced for nine open seats, director appointments and the board’s Executive Committee for the next year. “The real estate industry is constantly changing and growing, and we need strong leaders to help navigate the wealth of technology at our disposal,” said Rebecca Jensen, President and CEO of Midwest Real Estate Data (MRED), who was re-elected as a director and chosen to return as 2024 Chair of the RESO board. “RESO's membership elects an amazing group each year, and I am honored to be given the opportunity to continue to help create and enhance standards for an increasingly global housing market.” Election winners representing Multiple Listing Services (MLSs) and REALTOR® associations: Katy Davenport, Director of Product Management, First Multiple Listing Service (FMLS) Shayne Fairley, COO, Stellar MLS (Incumbent) Rebecca Jensen, CEO, Midwest Real Estate Data (MRED) (Incumbent) Melissa King, COO, OneKey® MLS Winners of open board seats representing technology companies, developers, partners and consultants: Kristen Carr, VP of Strategic Integrations, Realtors Property Resource (RPR) Matt Cohen, Principal, Advisory Services, CoreLogic (Incumbent) Bob Evans, SVP Industry Relations, Move (Incumbent) Joseph Szurgyi, CEO, MLS Grid Michael Wurzer, President and CEO, FBS (Incumbent) The following at-large appointments were made by the board: Matt Hendricks, Senior Director, Broker Operations, Zillow Thomas Morgan, Chief Data Officer, Bright MLS Ross Buck, CEO, Omni MLS (Advisor) The following board members will continue in their leadership positions on the Executive Committee through 2024: Chair: Rebecca Jensen, President and CEO, MRED Vice-Chair: Michael Wurzer, President and CEO, FBS Secretary: John Breault, VP, MLS, State-Wide MLS Treasurer: Richard Renton, CEO, Triad MLS Closing out their terms this year are Mark Lesswing from Lesswing, Marty Reed from California Regional Multiple Listing Service (CRMLS), Vandana Vohra from Leading Real Estate Companies of the World and Jeff Young from RPR. The following RESO board members will continue to serve their terms in 2024: Dave Conroy, Director of Emerging Technology, National Association of REALTORS® Alex Lange, Head of Strategy and Innovation, National Association of REALTORS® Caitlin McCrory, VP, Industry Relations, Anywhere Greg Moore, CTO, Regional Multiple Listing Service (RMLS) Patrick Pichette, VP, REALTOR.ca, Strategic Business and Innovation at The Canadian Real Estate Association (CREA) Dan Troup, Director of Data Operations & Strategy, RE/MAX Shaun York, Executive Director of Technology, Homes.com “As a former broker, I’ve seen the vast improvements that our industry’s professionals and consumers experience through standards-driven technology,” said Sam DeBord, CEO of RESO. “Working alongside this group of the industry’s most brilliant technologists and business leaders to accelerate these efficiencies for our real estate marketplaces is a privilege.” ### RESO provides the foundation for streamlined real estate technology through the creation and certification of standards. Our member organizations include MLSs, brokerages, REALTOR® associations and technology partners serving more than one million real estate professionals. | reso.org RESO was incorporated in November 2011 as an independent, not-for-profit trade organization. Contact Details Real Estate Standards Organization (RESO) Greg Sax +1 612-860-2668 gsax@reso.org Company Website https://www.reso.org/

December 14, 2023 11:00 AM Eastern Standard Time

Image

Stairs Financial raises $3.5M to help next generation of home buyers make moves

Stairs Financial

The number of first time home buyers in the US is shrinking and is at an all-time low. They accounted for just 26% of all home purchases last year, the lowest level in 41 years. Helping these first time home buyers achieve their American Dream, mortgage marketplace Stairs Financial has launched today with a $3.5M funding round. The seed funding round was led by Zigg Capital with participation from Y Combinator, its initial investor Antler, Exceptional Capital and others. This investment will empower Stairs to help millions of young Americans defy economic headwinds like interest rates and high prices to become homeowners. Stair Financial was founded by Malcolm-Wiley Floyd and Scott Fritz, who met as roommates at Harvard. The mortgage marketplace helps connect first time buyers with local lenders as well as detailed down payment assistance. Stairs’ free mortgage comparison product is powered by their database of home buyer programs and mortgage products. It leverages automation and computer vision technology to track changes to assistance programs, like fluctuating rates, updated eligibility requirements, and new program launches. Stairs also provides first time buyers with a growing library of resources and guides to take the uncertainty and unexpected challenges out of buying a home. In addition to their Home Buying Guide, which holds first time buyers’ hands through the basics of interest rates, credit and more, Stairs has also built a specific guide to down payment assistance, focused on how it works and how it can help buyers buy homes with less savings than their parents had. Stairs is now live in Texas with licenses across 40 states. They plan to expand nationwide in early 2024. Stairs is hosting home buyer events in Houston, San Antonio, Austin and Dallas, in collaboration with local real estate experts. Malcolm-Wiley Floyd, CEO and co-founder of Stairs Financial commented: “High interest rates, low inventory and high prices have combined to make it really hard for young Americans to buy homes. Our generation has had to deal with two recessions and a global pandemic during our peak earning and home buying years. Many young Americans won’t be able to afford to buy a home with a conventional 20% down mortgage.” “Thousands of down payment assistance and credit programs have sprung up to help first-time homebuyers overcome the challenges, but these home buying options are hard for home buyers to find and evaluate. Furthermore, home buyers have to find a lender who can underwrite the specific loan program they want to apply for. Stairs helps home buyers find the right mortgage for them, with lower down payments, grants, and flexible underwriting.” Ryan Orley, Managing Partner at Zigg Capital added: "Zigg has studied a number of approaches to expand home affordability. The concept of leveraging technology to navigate the complicated system of incentive programs available to eligible homebuyers is particularly impactful and aligned. We are proud to partner with Malcolm-Wiley and Scott Fritz - they are talented entrepreneurs who deeply understand the problem they are solving at Stairs Financial." Stairs is also committed to addressing the systemic racial injustice in home buying. Black homeownership, at 43.4%, remains lower than it was a decade ago. And it is nearly 30 percentage points behind the White homeownership rate of 72.1%. Meanwhile, the Hispanic homeownership rate is at an all-time high, reaching over 50% for the first time, and the Asian homeownership rate is 61.7%. “The Black-White homeownership gap is larger today than it was ten years ago. As banks and lenders create new programs to address this gap, Stairs plans to incorporate them into their platform and help educate homebuyers on their advantages. As a Black founder, it is important to me that our work at Stairs improves equity and access to home ownership for traditionally disadvantaged communities,” added Malcolm-Wiley Floyd. Ryan Sommerville, General Partner at Antler commented: "Malcolm-Wiley embodies an unwavering commitment to tackling society's real challenges, navigating through the toughest solutions with unyielding focus and an indomitable work ethic. Stairs Financial stands as a testament to his dedication, making it one of my most fulfilling investments to date. We’re incredibly proud to be the first investor in Stairs and looking forward to continuing to back Malcolm-Wiley and the top tier team he’s built.” About Zigg Capital Zigg Capital is a venture capital firm based in New York City that invests globally in technology companies touching the real estate, construction, and retail industries. Over the past decade, Zigg's partners have made early-stage investments in leading companies such as Procore, Matterport, OpenSpace, VTS, Kasa, and Tend. For more information, please visit www.ziggcap.com About Antler Antler is the investor backing the world’s most driven founders, from day zero to greatness. Founded on the belief that people innovating is the key to building a better future, we partner with people across six continents to launch and scale high-potential startups that address meaningful opportunities and challenges. Knowing that exceptional founders can come from anywhere with any background, we have offices in 27 cities, including Austin, New York, London, Berlin, Stockholm, Bangalore, Jakarta, Singapore, Seoul, Tokyo, and Sydney. Our global community backs people from the beginning with co-founder matching, deep business model validation, initial capital, expansion support, and follow-on funding. Fueled by a personal passion that goes beyond traditional investing, we have helped create and invested in more than 900 startups across a wide range of industries and technologies, with the goal of backing more than 6,000 by 2030. About Exceptional Capital Exceptional Capital is a pre-seed and seed-stage venture firm.. We focus on being the first investor for B2B software startups. We invest in the US and Latin America, partnering with the most exceptional entrepreneurs from all backgrounds, bringing a strong combination of qualitative and quantitative skills. Contact Details Stairs Financial Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://stairsfinancial.com/

December 14, 2023 10:30 AM Eastern Standard Time

Image

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for November 2023

Copper Property CTL Pass Through Trust

Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended November 30, 2023. An aggregate total distribution of $7.8 million or $0.103712 per trust certificate will be paid on December 11, 2023, to certificateholders of record as of December 8, 2023. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission (“SEC”) can be accessed via the Trust’s website at www.ctltrust.net. About Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (the “Trust”) was established to acquire 160 retail properties and 6 warehouse distribution centers (the “Properties”) from J.C. Penney as part of its Chapter 11 plan of reorganization. The Trust’s operations consist solely of owning, leasing and selling the Properties. The Trust’s objective is to sell the Properties to third-party purchasers as promptly as practicable. The Trustee of the trust is GLAS Trust Company LLC. The Trust is externally managed by an affiliate of Hilco Real Estate LLC. The Trust is intended to be treated, for tax purposes, as a liquidating trust within the meaning of United States Treasury Regulation Section 301.7701-4(d). For more information, please visit https://www.ctltrust.net/. Forward Looking Statement This news release contains certain “forward-looking statements”. All statements other than statements of historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other variations thereof or comparable terminology and include, but are not limited to, the Trust’s expectations or beliefs concerning future events and stock price performance. The Trust has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While the Trust believes these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its control. These factors, including those discussed in the Trust’s Registration Statement on Form 10 filed with the Securities and Exchange Commission (the “SEC”), may cause its actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and uncertainties, please refer to the Trust’s filings with the SEC that are available at www.sec.gov. The Trust cautions you that the list of important factors included in the Trust’s SEC filings may not contain all of the material factors that are important to you. In addition, in light of these risks and uncertainties, the matters referred to in the forward-looking statements contained in this news release may not in fact occur. The Trust undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Contact Details Jessica Cummins - Investor Relations +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

December 06, 2023 04:15 PM Eastern Standard Time

Tribe Property Technologies reveals 34% improvement in adjusted EBITDA in 3Q 2023

Tribe Property Technologies Inc.

Tribe Property Technologies CEO Joseph Nakhla and chief financial officer Angelo Bartolini joined Steve Darling from Proactive to discuss the company's financial results for the three and nine months ended September 30, 2023. The company has implemented operational improvements and cost reduction strategies, resulting in a 34% year-over-year improvement in Adjusted EBITDA. Nakhla highlighted the company's optimism for 2024, driven by the anticipated closing of the previously announced Meritus Group acquisition and the increasing number of real estate development projects and new communities coming on board. During the quarter, Tribe Property Technologies achieved key milestones, including signing agreements with four new property developers to use the Tribe Home Pro construction software, bringing the total to 18 new property developer relationships in the first nine months of 2023. Additionally, 15 new Tribe Home Pro software licensing agreements were signed in Q3 for new construction projects, totaling 29 software license agreements in the first nine months of 2023. Bartoli emphasized that despite concerns in the real estate market and increasing interest rates, the company expects continued growth. Tribe has a robust pipeline of new development opportunities, strategic partnerships, and new software agreements. The company is also actively negotiating additional acquisition targets to further expand its reach. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

December 04, 2023 02:08 PM Eastern Standard Time

Video

Unlimited Remit starts Canada to Nepal/India remittance service

Renske Technologies

Unlimited Remit, a pioneering cross-border remittance company founded and operated entirely by individuals of Nepalese origin, proudly announces the initiation of remittance services from Canada to Nepal and India. The company, known for its extensive global reach, offers remittance solutions from 150 countries in 29 currencies, excelling in providing the best rates and facilitating instant bank deposits within business hours in Nepal and India through a streamlined, fast, and secure online platform. Unlimited Remit has achieved significant success in transforming the remittance landscape, particularly from the United States, by embracing a fully digital approach and eliminating cash transactions at both the sending and receiving ends. The primary mission of Unlimited Remit is to empower immigrants to send money back home to their friends and family in a safe, secure, fast, and digital manner at minimal costs. With 272 million migrants worldwide sending USD 930 billion annually, the company aims to reduce the considerable fees associated with traditional remittance methods. According to the World Bank, remittance companies charge 6.3%, while banks charge 10.66%, resulting in a staggering USD 60 billion in fees per year. Unlimited Remit ensures a user-friendly experience, allowing immigrants to send money from their phone apps or web apps digitally, saving time and ensuring the best exchange rates with no additional fees or charges. The company's goal is to ensure funds reach the bank accounts or wallets of recipients within minutes, in near real-time, bypassing unnecessary intermediaries and making the process safer, faster, and more cost-effective. "We are excited to offer our remittance services to the Nepali and Indian community in Canada," said Allen Bailochan Tuladhar, CEO of Unlimited Remit. "Our goal is to provide our customers with the best possible experience when sending money back home, and we are committed to offering the best rates and fastest bank deposits in Nepal and India." Unlimited Remit operates under the regulatory framework of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and holds membership with the Better Business Bureau (BBB). With entities in Singapore, the United States, Canada, the United Kingdom, Qatar, and Nepal, the company maintains a global presence to cater to the diverse needs of its users. During the initial months of its Canada launch, Unlimited Remit is introducing several promotional campaigns. New users will receive instant discounts ranging from CAD 5 to CAD 100, based on different sending slabs. Additionally, for transactions exceeding CAD 10,000, senders can avail themselves of a CAD 15 instant cash discount multiple times. The company has also integrated EarnSikka ( https://EarnSikka.com ) as its loyalty program, issuing Sikka for every remittance sent, which can be redeemed in subsequent transactions. Users utilizing referral codes will receive 650 Sikka, benefiting both the sender and the beneficiary. As part of this year's festival season, Unlimited Remit is conducting a lucky draw, offering NPR 18 lakhs worth of Sikka, ranging from Sikka 50 to Sikka 100,000 to both beneficiaries and senders. For more information, please visit www.unlimitedremit.com. About Unlimited Remit: Unlimited Remit is a licensed and regulated cross-border remittance company, offering services from 150 countries in 29 currencies. With a commitment to a fully digital and secure remittance experience, the company provides users with the best rates and instant bank deposits in Nepal and India. Operating under the supervision of FINTRAC and being a member of the BBB, Unlimited Remit has a global presence, including entities in Singapore, the US, Canada, the UK, Qatar, and Nepal. For more information, visit www.unlimitedremit.com. Contact Details Unlimited Remit Allen Bailochan Tuladhar - CEO +44 7746 698754 allen@unlimitedcloud.asia Company Website https://UnlimitedRemit.com

November 24, 2023 10:49 PM Eastern Standard Time

Image

SEVENTY NINTH GROUP AGREES TERMS FOR HOLIDAY PARK REDEVELOPMENTS

The Seventy Ninth Group

Seventy Ninth Group, an asset management company headquartered in North West England, has agreed terms to purchase two holiday parks for acquisition and subsequent redevelopment. Set in exclusive locations in Scotland, the Seventy Ninth Group plans to build up to 700 holiday lodges which will feature on site dining, as well as modern health and spa facilities. The two projects have a gross development value (GDV) in excess of £300 million combined. Once built, the lodges will be offered for sale at a starting price of £200,000.00. Seventy Ninth Group specialises in the acquisition and redevelopment of undervalued assets across its core sectors of real estate and natural resources. The redevelopment of holiday and leisure parks is just one of key market sectors in real estate for the company. The other sectors include residential and commercial office parks. The Group is owned by the Webster family, who hold a unique position in both the real estate and natural resource sectors, specialising in the acquisition, management and development of high growth assets with a focus on deploying sustainable investment strategies. Managing Director of the Group, Jake Webster, says; “We are delighted to be able to add this latest acquisition to our portfolio. The leisure sector has been a significant area for growth for us as we look to redevelop these two sites into luxury leisure accommodation. “The nature of the UK staycation market is evolving. Expectations are growing around the quality of accommodation and facilities expected on site with many holiday makers seeking a luxury experience. “Investment is key to operators who want to compete in this luxury space as they look to upgrade, refurbish and expand their offering. For investors this means there is a real opportunity for long term, stable returns. “ The Seventy Ninth Group is an award-winning asset management company headquartered in the United Kingdom. Founded by serial entrepreneur David Webster and his two sons, Jake and Curtis Webster. The Seventy Ninth Group holds a unique and advantageous position in both the real estate and natural resource sectors, specialising in the acquisition, management and development of lucrative assets during times of economic turmoil and uncertainty. A family-owned business, the Seventy Ninth Group is chaired by David and his sons, Jake and Curtis, along with an experienced board of directors most of whom derive from a banking & compliance background. The Seventy Ninth Group is renowned for its strong family values of loyalty, honesty, and reliability, and is respected by their clients globally. Forward Looking Information This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but are not limited to, information concerning the Company identifying an appropriate business combination target and its future plans for pursuing a stock exchange listing in Canada. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward- looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward- looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward- looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice. Contact Details Liam Britnell +44 7453 364820 liam@ambitiouspr.co.uk Company Website https://the79thgroup.co.uk/

November 24, 2023 05:23 AM Eastern Standard Time

Introducing the 2023 Airbnb Winter Release: Making hosting even easier this holiday season

YourUpdateTV

Have you ever considered boosting your income while you're away visiting your loved ones for the holidays? Hosts across the us have been sharing their spaces on Airbnb for well over a decade and it is proving to be a vital tool to earn extra income. Recently, Airbnb Superhost, Stephanie Goodloe conducted a satellite media tour to talk about the Airbnb 2023 Winter Release and her experience hosting on Airbnb. A video accompanying this announcement is available at: https://youtu.be/D_19ZgLd3RI On November 8, following a year of near continuous improvements based on community feedback, Airbnb announced its 2023 Winter Release, which brings increased transparency and reliability across the platform, and so much more – just in time for holiday travel. Airbnb has more than 7 million homes all over the world. Each home is one-of-a-kind, and this uniqueness is what sets Airbnb apart. But with so much variety, it can be hard to know what you’re going to get. This is why many people prefer hotels, and it’s the #1 obstacle preventing them from booking on Airbnb. Airbnb introduced three major upgrades to help guests understand exactly what to expect before they book: Introducing Guest Favorites The best way to find a great place to stay is by knowing which homes guests love the most. That’s why Airbnb created Guest Favorites—a collection of the 2 million most-loved homes on Airbnb based on ratings, reviews, and reliability data from over half a billion trips. Great ratings and reviews Outstanding reliability Easy to discover on Airbnb Nearly two-thirds of Guest Favorites come from Superhosts, who’ve been recognized for their track record of outstanding hospitality. Revamped ratings and reviews Guests have left over 371 million reviews about their stays on Airbnb. These ratings and reviews are the best way to understand the quality of a home. But today, there is limited information on the ratings page, and it’s hard for guests to find reviews that are relevant to them. The redesigned ratings page includes three new features that make reviews easier to read and much more helpful. Review sorting Rating distribution More review details Introducing the Listings tab Managing a listing is one of the most essential parts of hosting because it’s how guests learn about a home. In fact, listings with more details can get up to 20% more bookings. But many listings are missing the details guests care about because adding them has been too difficult. That’s why Airbnb is introducing the Listings tab—a set of new tools for Hosts to easily manage their listing and showcase the details of their home. Listing editor AI-powered photo tour Smart lock integration Even more upgrades for Hosts In addition to the new Listings tab, the 2023 Winter Release includes even more upgrades for Hosts. Pricing visibility Compare prices New earnings dashboard New options for Co–Host payouts New Co-Host messaging Hosts can try new features today by enrolling in Airbnb Early Access. Smart lock integration will be coming to Early Access for listings in the US and Canada later this year. Pricing visibility and compare prices will be available next year. For more information on the latest upgrades, please visit www.airbnb.com/release, and check out all of the 2023 Winter Release Highlights. If you're interested in becoming a host, visit airbnb.com/host to sign up. About Stephanie Goodloe Stephanie Goodloe is an Airbnb Superhost of a cottage in Prescott, Arizona. After moving into her new home in 2014, she convinced her husband that renovating the cottage in the back of their property would be a great way to supplement their mortgage and generate some additional income. Almost 10 years later, her listing has over 500+ 5 star reviews – and hosting has given her the freedom to raise her family while exploring other entrepreneurial adventures. Above all, she really enjoys having a space where guests can enjoy their vacation while feeling at home and comfortable. About Airbnb Airbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home and has since grown to 4 million Hosts who have welcomed more than 1 billion guest arrivals in almost every country across the globe. Every day, Hosts offer one-of-a-kind stays and unique Experiences that make it possible for guests to experience the world in a more authentic, connected way. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

November 22, 2023 09:46 AM Eastern Standard Time

Video

XLRE: A Gateway to Real Estate Investment Opportunities

Select Sector SPDR

As we navigate the new era of remote and hybrid work environments, the Select Sector SPDR Trust, a pioneer in the ETF marketplace, continues to provide a compelling gateway into real estate investments through its Real Estate ETF (XLRE). This tool empowers investors to tap into the evolving real estate market by investing in a portfolio of Real Estate Investment Trusts (REITs). REITs play a crucial role in the real estate sector, offering investors a means to own income-producing properties. By investing in XLRE, one can gain exposure to a diversified portfolio of some of the leading REITs in the U.S. and components of the S&P 500. A Deep Dive into XLRE's Portfolio* XLRE's portfolio consists of 31 holdings. Its top holding is Prologis, accounting for 12.15% of the total. As the world's largest industrial real estate company, Prologis operates across 19 countries in North America. American Tower, holding 8.99% of the portfolio, stands as the second-largest holding. It is a REIT that owns and operates wireless and broadcast communications infrastructure in several countries worldwide. The top holdings are rounded out by Equinix (7.97%), a multinational company specializing in Internet connection and data centers; Welltower Inc. (4.98%), a REIT that invests in healthcare infrastructure; Public Storage (4.89%), the largest brand of self-storage services in the U.S., and Crown Castle (4.68%), a provider of shared communications infrastructure in the U.S. Accessible, Affordable, and Varied Investment Opportunities Collectively, XLRE's top 10 holdings make up 60% of the fund, incorporating a blend of diverse real estate classes. These REITs aim to provide attractive total returns by combining dividend yield with the potential for capital gains. The fund maintains a low expense ratio of 0.10%**. In short, XLRE presents advisors and investors with the ability to conveniently access various segments of the real estate market at a reasonable cost. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings & Weightings as of 9/30/23 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL006998 EXP 1/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

November 12, 2023 08:00 AM Eastern Standard Time

K3 Elevates Commitment to Homeless Veterans' Lives through PATH Partnership

K3 Holdings

K3 Holdings, a prominent privately held real estate investment firm boasting an expansive nationwide portfolio, is commemorating Veterans Day by spotlighting its collaboration with People Assisting The Homeless (PATH). This partnership reflects the company's dedication to transforming challenges into opportunities, particularly addressing the critical issue of homelessness among the veteran community. Through this partnership with PATH, K3 Holdings/Alpine is not only providing shelter but also fostering an environment where veterans can regain their footing and reclaim their independence. As the nation prepares to honor the sacrifices of servicemen and women, K3 Holdings/Alpine is extending profound appreciation to the courageous individuals who have safeguarded the nation. Many veterans reside in properties managed by K3 Holdings/Alpine, enriching the fabric of communities as friends and neighbors. "On this Veterans Day, we are renewing our commitment to stand with our veterans and echoing the sentiment that no hero who defended our freedom should ever be without a home,” stated Nathan Kadisha, Principal of K3 Holdings. “Through our collaboration with PATH, we are not just addressing homelessness, we are building bridges to hope, and a future filled with possibilities. “Veterans residing in K3 Holdings/Alpine-managed properties are not just tenants, they are an integral part of the community fabric,” Nathan Kadisha continued. "As we unite in gratitude for our veterans, let us also unite in action. K3 Holdings/Alpine invites our community to join in support of PATH, ensuring that every veteran, who stood tall for our nation, now stands tall in dignity and security,” stated Michael Kadisha, Principal of K3 Holdings. “Together, we can rewrite the narrative for homeless veterans, providing them with the support they deserve." About K3 Holdings: K3 Holdings is a privately held real estate investment firm committed to transforming communities and improving housing quality and safety. Their extensive investments have led to remarkable enhancements in their property portfolio, reflecting their unwavering commitment to delivering reliable, safe, and comfortable housing options - https://k3holdings.com/. About People Assisting The Homeless (PATH): People Assisting The Homeless (PATH) is a non-profit organization committed to ending homelessness for individuals and families. PATH provides comprehensive services and support, guiding individuals from homelessness to stable housing and brighter futures - https://epath.org/. ### Contact Details Dan Rene +1 202-329-8357 dan@danrene.com

November 10, 2023 04:00 PM Eastern Standard Time

1 ... 10 11 12 13 14 ... 85