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Buildertrend Redefines How Construction Teams Manage Finances with an Expanded Line of Services

Buildertrend

Buildertrend, the leading residential construction management platform, will announce an expansion to its suite of financial services for home builders and remodelers during this year’s International Builders’ Show. The latest solutions – including online payments, expense management, lending and insurance – will drive efficiencies and profits while enabling teams to move forward confidently against industry headwinds like labor shortages and inflation. This announcement and rollout comes just two years after Buildertrend acquired its largest residential software competitor, CoConstruct, and CBUSA, a group purchasing organization for top home builders and suppliers across the United States. Since then, Buildertrend has also acquired Square Takeoff, a system for digital estimating. With the combined resources of these companies working together, Buildertrend has now firmly cemented itself as the one place for home builders and remodelers to better their business by showcasing a breadth and depth of new offerings previously unseen. “From day one, by designing a product that solves our customers’ greatest challenges, we’ve been committed to finding a better way. Now we’re taking it a step further,” said Dan Houghton, CEO and cofounder of Buildertrend. “The landscape of construction is changing, and we needed to change with it – but we couldn’t do it alone. Today, we’re leveraging the power of some of the best businesses industrywide to work together and help builders streamline financial processes to grow their businesses in a way that hasn’t been done before in the residential building market.” Helping construction teams manage finances simply and precisely, this new line of services will include: Buildertrend Payments: Right from the Buildertrend platform, customers can deliver invoices and collect payments from clients, as well as manage bills and send payments to trades. No longer will builders have to chase down checks or guess where the financial health of their business stands. They’ll more quickly receive funds to start their next project while also maintaining strong subcontractor relationships. Insurance: All-inclusive, low-rate coverage options include business insurance – such as general liability, tools/equipment and commercial and auto compensation – as well as builder’s risk insurance. Construction is unpredictable – coverage ensures builders don’t leave their profits to chance. Financing: Whether Buildertrend customers need a quick loan to bridge the gap between one job and the next or they want to offer financing for homeowners, now they have options. Home builders can turn to Buildertrend when they need funding to grow their business or want loan options to win over clients. Buildertrend Wallet: This soon-to-be-released feature is made to fit any-sized construction business with tools for real-time expense and budget tracking. Builders can empower their crew with employee spending cards, automate receipt collection and earn cashback rewards on all purchases. Buildertrend Wallet helps teams take control of their finances and proactively manage company spending in one place. App Marketplace and Open APIs: Another upcoming release for builders to get excited about in 2023 is Buildertrend’s third party app marketplace and associated open APIs. Debuting later in the year, this new functionality makes it possible for the platform to integrate with a larger set of tools and software systems, including more accounting solutions. Additionally, Buildertrend will then be able to easily sync with dozens of other programs including applications within the categories of CRM, analytics and data, email and documentation. “Our aim with these new financial management solutions is to unlock more value for our builders and provide them all the tools they need to confidently manage and grow their businesses,” said Andres Ricaurte, senior vice president of Financial Services. “Reducing costly mistakes. Easily managing incoming and outgoing expenses. Getting enough capital to not just maintain their business – but grow it. This is what our customers have to look forward to.” News of these new financial management solutions will be shared for the first time with customers at the International Builders’ Show in Las Vegas, Jan. 31 – Feb. 2. Buildertrend will offer the ultimate experience for attendees. Their team will be stationed alongside subsidiaries CoConstruct and CBUSA in the West Hall’s nextBUILD space at booth W1844. Each day will include a full schedule of programing LIVE! on the Buildertrend Stage, including exclusive product sneak peeks as well as discussions and happy hours hosted by industry influencers like Matt Risinger and Brad Leavitt. Check out the full action-packed schedule and why the Buildertrend booth is the place to be at IBS here: https://buildertrend.com/ibs-2023/ About Buildertrend Buildertrend is the leading residential construction management platform. Since 2006, we’ve empowered contractors to take control of projects and bring efficiency, organization and seamless communication to every aspect of their business. Builders can stay on top of costs, supplies, staff and more in one convenient place – and take on more projects without adding paperwork and stress. For over 1 million users across 100 countries, Buildertrend has made it easy to run successful projects and deliver a five-star experience to homeowners. To learn more about Buildertrend, visit buildertrend.com and @buildertrend. ### Contact Details Buildertrend Courtney Mattern +1 402-649-2771 courtney.mattern@buildertrend.com Company Website https://buildertrend.com/

January 30, 2023 12:59 PM Central Standard Time

Primary Health Properties seizes "good opportunity" in Ireland

Primary Health Properties PLC

Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) (PHP) founder and CEO Harry Hyman talks to Proactive's Thomas Warner after announcing the acquisition of Irish property management business Axis Technical Services Limited, with an agreement to develop sites in Ireland signed with related company Axis Health Care. The acquisition is part of a wider strategy to expand into the Irish healthcare sector, with Hyman saying that there is a "good opportunity" for the company to "carry on deploying capital prudently and sensibly in Ireland." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

January 26, 2023 03:00 AM Eastern Standard Time

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UCASU jump-starts its plan of NASDAQ or NYSE up-listing in 2023

UC Asset LP

McapMediawire -- UC Asset LP (OTCQB: UCASU ) management announces that the company has jump-started its plan to up-list to a major exchange, probably NASDAQ or NYSE, after it had put on hold this plan for about six months. “Twelve months ago, we kicked off our campaign for an up-listing, and we had made solid progress toward this goal, before the dramatic change of macro-economy and stock market in general made it undesirable for us to continue the process,” explains Larry Wu, founder of UC Asset. “So we decided to freeze the plan by the end of July, 2022.” "Despite that there are still concerns about macro-economy, as well as about the stock market, we at UC Asset have been doing well, and we have decided not to let macro-economic factors to stop us from pursuing a faster growth,” exclaims Wu. Wu refers to the track record of the company, particularly the growth of its profit. According to its most recent annual report, the company posted net income of $0.13 per share for the year of 2021, which represented 400% growth over its $0.03 per share net income for the year of 2020. Looking forward, the management projects a $0.20 per share gross profit for the year of 2023. Last year, the company distributed a cash dividend of $0.10 per share to its common shareholders. Management has confirmed that it will make more dividend distribution in the future. Wu admits that the company is currently too small to justify an up-listing, as a major exchange listing will be more expensive, and will remarkably increase administration cost. Those extra cost will be difficult for a small company like UC Asset to absorb. “In order to have a meaningful uplisting, we need to increase the size of the company to at least $20 million, preferably over $30 million," says Wu. "Our management team has an established strategy to growth. We have identified deal pipelines with great potential, mostly of cannabis properties, for a potential portfolio expansion of $10 - $ 30 million. We have the right team to manage them. We are confident we are able to achieve the economy scale with additional capital," Wu shares. For this purpose, UC Asset plans to launch a SPO (secondary public offering) to raise $10 – 20 million. Wu indicates that it may also conduct a PIPE (private investment in public equity) raise prior to the SPO to raise $2 – 5 million. “All the fund-raising will not dilute the equity of current shareholders, as our bylaw expressly prohibits the company from issuing any stocks at a price lower than the company’s net equity per share,” asserts Wu. “Particularly, we will NEVER take any investments of toxic manner, such as convertible notes of variable conversion ratios.” "We have been very disciplined in issuing shares," continues Wu. " Our total issued and outstanding shares have actually decreased since our IPO, from over 5.6 million shares to less than 5.5 million shares. And last year we cancelled all our preferred units of a total number of 166,667 shares. In short, the supply of our shares is very limited, and we have adequate room to support our growth plan." About UC Asset LP UC Asset LP is a limited partnership formed for the purpose of investing in real estate with innovative strategies. For more information about UC Asset, please visit: www.ucasset.com Disclaimer: This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed. For More Information Contact: IR@UCasset.com Contact Details Larry Wu IR@UCasset.com Company Website http://www.ucasset.com/

January 25, 2023 10:59 AM Eastern Standard Time

Westbury® Riviera Aluminum Railing Features Distinctive Styling and is Designed to Last a Lifetime

Digger Specialties, Inc (DSI)

Digger Specialties Inc. (DSI), a leading manufacturer of outdoor living materials, features industry leading Westbury Aluminum Railing systems in a wide selection of styles. Westbury Riviera Series aluminum railing is the perfect choice to complement any deck, porch, or balcony where wood, composite, or PVC deck boards are used and can also be used for interior applications. Westbury Riviera Series aluminum deck railing features a distinctive three rail design that enhances the curb appeal of residential and commercial properties. In addition to offering safety and strength, Westbury Riviera Series aluminum railing is code approved for both residential and commercial railing applications. Westbury Riviera Series aluminum deck railing offers important advantages over other railing systems. Unlike steel railing, aluminum railing will not rust and is much lighter in weight making it easier to handle and install. Wood railing can warp and buckle and needs to be painted or stained. Aluminum railing is more durable than vinyl railing and is easier to maintain. Composite railing systems are more complicated, more expensive, and more challenging to install than Westbury aluminum deck railing. All DSI Westbury aluminum railing systems are backed by a lifetime limited warranty. Westbury Riviera Series aluminum railing is available in an industry leading 12 standard colors with the option to obtain custom colors through special order. Both smooth and textured surfaces can be selected. DSI’s proprietary 10 step powder coating process is the most stringent in the industry and ensures lasting color and surfaces. DSI also offers matching gates for Westbury Riviera Series aluminum railing. Another way to capture the beauty of Westbury aluminum railing is the option of nighttime illumination with Magena Star lighting. Westbury Riviera aluminum railing’s three rail design has six style variations available and features an attractive top rail with 3/4” round or square balusters. Westbury Riviera deck railing sections come in a choice of 36” or 42” heights with railing lengths of 4’, 5’, 6’, 7’ and 8’. An added option for Westbury Riviera aluminum deck railing is a drink rail adapter which allows for a matching deck material to be installed on top of the railing system to accommodate drinks. Over the past decade, products that enhance the outdoor lifestyle have become more popular than ever. Westbury Riviera aluminum railing combines upscale beauty, safety, and durability to homes and commercial properties. To learn more about Westbury Riviera Series aluminum railing please visit DiggerSpecialties.com. DSI is an industry leading manufacturer of aluminum and vinyl railing, aluminum and vinyl fencing, gates, composite, aluminum, and fiberglass architectural columns and outdoor lighting. For information about DSI’s extensive group of products visit diggerspecialties.com Westbury Riviera railing photos Contact Details Digger Specialties, Inc Mary Gearheart/Marketing Manager +1 704-438-7998 mgearheart@diggerspecialties.com Company Website http://diggerspecialties.com/

January 24, 2023 03:26 PM Eastern Standard Time

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Congoleum Flooring, HomeSphere Partner to Offer Exclusive Savings to Homebuilders

HomeSphere

Congoleum, a leading U.S. manufacturer of flooring products, today announced a partnership with HomeSphere, a platform connecting building product manufacturers to 2,700-plus homebuilders who collectively construct more homes than the top five public homebuilders combined. The partnership catalyzes Congoleum’s expansion into new residential construction. The company is well-known and respected in the remodeling market and sees an opportunity to build a similarly loyal customer base among HomeSphere’s regional builders, particularly during a time when flooring supply and cost variability is causing delays and shrinking margins. “We foresee a mutually beneficial relationship,” said Congoleum National Sales Manager Jay Jacobs. “Our team grows our business among the best homebuilder network in the country while offering a strong value proposition to homebuilders facing an uncertain environment.” HomeSphere’s partnerships with well-respected brands like Congoleum give its 2,700-plus single-family and multifamily builders access to an unprecedented catalog of leading-edge materials and technologies. “Congoleum has a long-standing commitment to design, quality and innovation,” said HomeSphere president and CEO Greg Schwarzer. “We are proud to partner with them and bring their products to our platform, saving time and costs for builders and future homeowners.” For more than 135 years, Congoleum has pioneered the industry, with resilient flooring that includes rigid core, luxury vinyl tile and vinyl sheet. Their flooring with realistic wood and stone patterns, such as Carrera marble, is on-trend, highly durable, easy to install, and backed by a warranty. Congoleum is committed to environmental stewardship and is proudly made in the U.S.A. ### About HomeSphere Established in 1999, HomeSphere connects Americaâs local and regional homebuilders to exclusive product incentives through My HomeSphereÂ®, its award-winning rebate management platform. Previously only available to the largest national homebuilders, more than 2,600 single-family and multifamily builders trust My HomeSphereÂ® to grow their returns by quickly capitalizing on product incentives available through HomeSphereâs network of 80+ manufacturers and brands. For more information about HomeSphereâs products and solutions for homebuilders and manufacturers, visit www.homesphere.com. About Congoleum Congoleum has been a trusted leader in the flooring industry for more than 135 years. An unwavering commitment to design, quality and innovation has made Congoleum the brand of choice for generations of homeowners, designers and specifiers. Congoleum has been a pioneering force in the flooring industry and holds several patents that have changed the way the world thinks about resilient flooring. In-register embossing for resilient sheet, the invention of the first groutable resilient tile and the worldâs first PVC-free and digitally printed resilient tile and plank are but a few of the industry-leading technologies that were created by Congoleum. Headquartered in New Jersey, Congoleum is committed to environmental stewardship and is proud to support North American jobs, operating manufacturing plants in Maryland, Pennsylvania and New Jersey. For more information about Congoleum products and solutions, visit www.congoleum.com. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Congoleum Jay Jacobs jjacobs@congoleum.com Company Website https://www.homesphere.com/

January 24, 2023 07:00 AM Mountain Standard Time

My Mom’s 100x Return on Real Estate

Elevate Money

Authored by Harold Hofer, CEO and Co-Founder of Elevate Money. 100x. One hundred times more is what my mom’s house just sold for in comparison to what she paid for it 50 years ago. The house didn’t double or triple in value -- it went up 100x from its original value. To be clear, our home was bought for $32,500 in the late 1960s and we sold it for $3,250,000 just a couple of years ago. Two more zeroes. My family immigrated to the States when I was four years old and we began our life here living in apartments. After seven years of living frugally, our dream of homeownership was finally realized in the form of a 1,500-square-foot, 2-bed, 1-bath home built way back in the 1920s. But it wasn’t the age of the house, dated appliances, or curling wallpaper I remember most - it was the backyard. A patch of green that was our very own! No more playing in an alley or on a busy street where the only green you saw was in the cracks on the sidewalk. This space was ours. As luck would have it, the house was located in Santa Monica on the western edge of Los Angeles. Now no one at the time could have anticipated this, but within a few years, the home prices in our beach town skyrocketed and continued to do so in the decades that followed. Buying a house provided our family with physical security, and in the end, also gave my mom financial security. Needless to say, 100x is an incredible investment return! And though not all places will become the next hip place to live, it does showcase how real estate can potentially appreciate consistently and considerably over time. Now you may think how lucky we got, or that this could never happen again in today’s economy; that there is no way a house or any other piece of real estate could go up in value that much again. But I’m here to show you that this big win isn’t as out of reach as it may seem. Two more zeros, hmmm. I wondered to myself, what annual rate of return would it take to grow anything 100x in 50 years? I went ahead and did the math, and the answer is 9.25% (with monthly compounding) or 9.65% (annual compounding). You can try the Elevate Money dividend calculator and see this for yourself (set the initial investment to $32,500, the dividend yield to 9.25%, and turn on Dividend Reinvestment). Then view the return over 50 years. $3,250,000 Honestly, given that the appreciation on my parent's house was so huge, I would have thought the annualized returns would need to be much higher to capture 100x in 50 years. What’s even more interesting is that this annual return was realized solely from capital appreciation. Real estate ownership typically has two components of investment return: income (rental profits) plus capital appreciation (increase in value). My mom’s house was only the latter, meaning the 100x return was not supplemented by someone renting the house from her. She lived in that house for all 50 years. When you factor in both income and capital appreciation, and when you consider the magnifying effect of mortgage financing, achieving a 9.25% - 9.65% annual return on a real estate investment is really not that crazy. With some research, you can find that the annual inflation rate is around 3.5%¹, and dividends for real estate investments historically have been around 6.5%² within a diversified portfolio. This 10% total annual return makes the 100x return more believable, even with today’s real estate prices being much higher than they were 50 years ago! And while not everyone can afford an entire property at this moment, through crowdfunding you can let your money potentially work for you in this same way. Check us out at Elevate.Money to learn about the real estate potential that is available to you with just a few clicks at a very modest cost. Breaking the barriers to entry and giving you power, one investment at a time, starting with as little as $100. WorldData.info From 1979 to 2020 the average inflation rate was 3.5% per year. Millionacres.com Diversified REIT Annualized Total Return from 1994-2020 is 6.8% Elevate.Money, is an investment platform that enables investors to gain exposure to real estate through fractional ownership and get a share of the potential rental income, starting with as little as $100. Real Estate Investing For All. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Elevate Money support@elevate.money Company Website https://www.elevate.money/

January 20, 2023 09:00 AM Eastern Standard Time

Property Partner Rebrands as London House Exchange. Parent Company Better Invests Additional £2.4m.

London House Exchange Limited

Property Partner, the UK’s leading fractional property investment platform, is rebranding as London House Exchange. The rebrand follows an additional £2.4m of investment from leading US digital homeownership company, Better. With the rebrand, London House Exchange ("LHX") reprises its original legal name since its 2014 founding and returns the spotlight to being the world’s first and leading stock exchange for individual properties. LHX has £120m of fractionalized property assets under management and over 8,000 investors from over 80 countries. Since inception, £55m of property shares have been traded on the FCA-regulated trading exchange, the only one of its kind for individual residential properties. The new brand gives the company a clearer and more recognisable identity, one which transcends borders. “The name London House Exchange speaks directly to what we already do and reflects our plans for a truly international trading exchange,” said Warren Bath, CEO of London House Exchange. "Only on LHX are our clients from across the world able to instantly buy and sell shares in UK properties, delivering liquidity today to an otherwise illiquid asset class." “Real estate is the largest asset class in the world, worth more than shares, stocks and bonds combined, and residential property makes up approximately 75% of this total. However, unlike those other asset classes, property transactions take months rather than seconds. Our mission is to successfully make property assets liquid and tradable at global scale,” said Michael Lamont, CEO of Better UK. Market liquidity is the driving force behind a £2.4m programme of direct investment in London House Exchange by its parent company, Better Holdco, Inc. (“Better”). Better is a leading digital homeownership company that has funded over $100 billion in mortgage loans since inception, $4.6 billion in real estate transaction volume and $38 billion in insurance coverage written. Better is revolutionising the home finance industry, helping thousands to more easily find a path to homeownership through its low-cost and transparent platform. Better's direct investment will increase liquidity on LHX, encouraging efficient pricing and asset valuation across the platform. “We acquired Property Partner in 2021 on account of their unique platform which allows any property anywhere in the world to be fractionalized, turned into shares and traded on an FCA regulated exchange, the only one of its kind in the world,” said Vishal Garg, CEO & Founder of Better. "Renaming the business to London House Exchange encapsulates their reason for being: the world’s first and leading stock exchange for individual properties. Enabling the purchase of shares in property from Nottingham to New York is just the beginning, and we are thrilled to support the team with this additional investment.” About Better Better is America’s #1 online, commission-free home finance, insurance and realty company. In just six years since launch, Better has leveraged its commission-free service offering and Tinman™, its industry-leading technology platform, to fund more than $100 billion in home financing. In addition to being the first fintech to reach this milestone, Better has completed over $4.6 billion in real estate transaction volume through its realtor service Better Real Estate and agent network, as well as over $38 billion in coverage written through its insurance arm, Better Cover and Settlement Services. Better has earned countless awards for its work in making homeownership more affordable and accessible to all Americans. Better was ranked #1 on LinkedIn’s Top Startups List for 2021 and 2020, #1 on Fortune’s Best Small and Medium Workplaces in New York, #15 on CNBC’s Disruptor 50 2020 list, and was listed on Forbes FinTech 50 for 2020. For more information, follow @betterdotcom. About London House Exchange ("LHX", formerly Property Partner) Founded in 2014, LHX created the world’s first regulated stock exchange for individual properties, making fractional residential property ownership a reality. Over 8,000 clients from over 80 countries have invested in £120m in assets under management and have traded over £55m on the trading exchange. London House Exchange was acquired by Better in September 2021. Contact Details London House Exchange Simon Draper-Coates +44 7799 411702 media@londonhouseexchange.com Company Website https://www.londonhouseexchange.com/

January 18, 2023 08:59 AM Eastern Standard Time

Amid Fears Of A Recession, What’s Been Driving Demand For Multifamily Real Estate?

Ashcroft Capital

By Jad Malaeb, Benzinga In 1956, the world witnessed perhaps the greatest twist to a corporate tale in history. After several years in partnership with the McDonald’s brothers, Ray Kroc had little to show for his efforts. His salesmanship had guided him into the growing McDonald’s fast food business and earned him a franchise in Illinois, but the money coming in could not outpace the costs of running up another franchise. In the Netflix movie “The Founder,” Ray Krok’s lawyer, Sonneborn, summarizes Kork’s dilemma: “You don’t seem to realize what business you’re in,” he says. “You’re not in the burger business. You’re in the real estate business.” According to the lawyer, it would be impossible for Krok to amass a fortune franchising, but he could easily do it by purchasing the land the franchisee operates on. So began the delectable twist which turned a fast food joint into one of the largest owners of real estate in the country. In 2021, McDonald’s reported $46.7 billion of total long-term assets, the majority of which come from property, plants and equipment. Fortunately, building fortunes through real estate is not exclusive to corporate elites; it’s available to the general investment community as a potential low-risk opportunity to generate passive income. Here’s what the market looks like and how you could get involved. The Multifamily Real Estate Market In the real estate market, multifamily housing is a booming sector. According to the U.S. Consensus Bureau, a multifamily residential property is one “containing units built on top of another and those built side-by-side which do not have a ground-to-roof wall and/or common facilities.” A common form of a multifamily residential property is an apartment building, where units are separate but stacked in close proximity to one another. The multifamily real estate industry is one of the oldest forms of real estate and one of the most popular. According to a report by CBRE Group Inc. (NASDAQ: CBRE), the multifamily rental housing market includes 14.5 million units across the 62 largest metro markets in the U.S. The National Multifamily Housing Council (NMHC) estimates that the total value of these units is more than $3.3 trillion. Even in 2022, as the Federal Reserve’s monetary policy ushers interest rates to a range of 3.75 to 4%, demand for multifamily real estate property appears to be holding steady. According to a report by Fannie Mae, the multifamily sector experienced strong demand in the first half of 2022, despite concerns over a global recession. This trend is expected to continue in 2022 and beyond. One strongly opinionated source has even stated that “there’s no end in sight” for multifamily housing demand. The sustained demand is reportedly driven by fundamental factors. On one hand, a rising interest rate environment means higher mortgage payments for potential buyers, which dissuades purchases. On the other, the multiple revenue streams arising from multifamily houses, as opposed to family houses, could ease the burden of higher mortgage rates and even offset it if there’s enough cash left over. The narrative for a strong multifamily housing market is confirmed and reiterated by market players themselves. In interviews with Multi-House News, investment arms Three Pillars Capital Group (TPCG) and Bell Partners (BP) and development arm Kaplan Residential (KR) remain positive about the multifamily housing market. For KR, opening up the business plan to include multifamily sectors has “proved to be beneficial for the company,” and for BP, value-add multifamily operations are still a target area. The Ashcroft Value-Add Fund III (AVAF3) Sam Zell and Donald Bren have both made the 2022 Forbes Billionaires List. They are but two examples of the extent real estate can be leveraged for wealth creation. But there are risks to real estate investing. Even with strong demand, the turbulent market conditions in 2022 ensure there will be bumps in the road. Fortunately, professional real estate investment funds make the process a lot easier, and you don’t have to be a millionaire to get involved. For those interested in multifamily real estate investing, Ashcroft Capital is providing a direct pathway into the space through their recently launched Ashcroft Value-Added Fund III (AVAF3). The AVAF3 focuses on capital preservation and risk mitigation while still maintaining upward potential. The fund will invest in 6-10 multifamily properties in the high-growth and high-demand Sun Belt markets. With a holding time of 5 to 7 years, the investment is expected to net a levered internal rate of return (IRR) of net 13 to 18%. AVAF3 allows you to offload the risk to the professionals and dip your toes in one of the strongest demand areas in the U.S. real estate market. The best part? You only need $25,000 to get started. Click here to find out how Ashcroft Capital can make you a property investor. This article was originally published on Benzinga here. Ashcroft Capital is a vertically integrated multifamily investment firm comprised of industry-leading executives. The firm applies institutional policies and procedures while remaining entrepreneurial and implementing innovative solutions to each asset it acquires. We are driven by a focused mission to improve the quality of life for the residents at each community in our portfolio. Though Ashcroft is first and foremost focused on capital preservation, this approach has resulted in several outsized, full-cycle investor returns. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Investor Relations investorrelations@ashcroftcapital.com Company Website https://ashcroftcapital.com/

January 17, 2023 10:30 AM Eastern Standard Time

American Equipment Expands National Field Service and Equipment Offerings With Acquisition of Shannahan Crane & Hoist

Rotunda Capital Partners LLC

American Equipment Holdings (“American Equipment”), a Rotunda Capital Partners portfolio company, has acquired Shannahan Crane & Hoist (“Shannahan Crane”), a leading provider of engineered overhead crane systems and maintenance, repair and overhaul (MRO) field services. Shannahan Crane is headquartered in St. Louis, Missouri, with an additional field office in Kansas City, Kansas. The acquisition of Shannahan Crane marks the 14 th add-on acquisition completed by American Equipment since partnering with Rotunda in May 2021. Founded in 1961, Shannahan Crane delivers comprehensive overhead crane and hoist solutions to a loyal customer base, including regional and blue-chip companies, covering an array of strategic end markets. Shannahan Crane has endeared itself to customers with its responsive, customer-first approach and innovative material handling solutions that include an extensive set of turnkey engineering, installation, and service offerings that effectively guide customers through the entire lifecycle of their assets. “We couldn’t be happier to have Shannahan Crane join the American Equipment family. We now have a physical presence in 45 cities throughout the United States,” said American Equipment CEO Adam Zimmerman. “This vast network brings us closer to more customers than ever before and I’m excited to take advantage of the many collaboration opportunities that await us.” “We are very proud of what Shannahan Crane has been able to accomplish over the last 60 years and we look forward to writing the next chapter of our story with American Equipment,” said Bill Shannahan, owner of Shannahan Crane. “This partnership will bring many opportunities for growth and improvement that I cannot wait to begin sharing with both our customers and our employees.” “I have thoroughly enjoyed getting to know Bill and the Shannahan team. They have built a wonderful company with a strong work ethic and fantastic culture,” said American Equipment President and COO Troy Vellinga. “I look forward to bringing our teams together so we can begin leveraging the expertise and capabilities of these great organizations.” About American Equipment Holdings American Equipment Holdings is an organization of leading overhead crane and hoist, weighing and measurement distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane & Hoist, Facilities Engineering, Kanawha Scales & Systems, Kistler Crane & Hoist, Pacific Crane & Hoist, Patriot Crane & Hoist, Shannahan Crane & Hoist, Systems Specialties, and Washington Crane & Hoist. The consolidated entity is one of the largest independently owned overhead crane and hoist, weighing and measurement solution providers in the country, serving over 7,000 customers nationwide. Together, American Equipment Holdings companies provide comprehensive solutions for everything related to customers’ overhead crane and hoist, weighing and measurement needs, including OSHA mandated inspections, preventative maintenance and repair field services, parts, engineering, ISO certified fabrication, new and replacement equipment, automated systems, system modernizations and training. American Equipment Holdings represents leading manufacturers such as Avery Weigh-Tronix, Detroit Hoist, Columbus McKinnon, ACCO, R&M, Demag, Gorbel, Spanco, IMS, Rice Lake, Harrington, Conductix, Magnetek & PE and Mettler Toledo, among others, and customers rely on its service, design, engineering, fabrication, and installation capabilities to meet their unique application needs. American Equipment Holdings serves local, regional and national customers across a variety of end markets, including light & heavy industrial, automotive, mining, public utilities, military, aerospace & defense and energy, among others. For more information, visit www.amquipinc.com. American Equipment is aggressively seeking to acquire other overhead crane, industrial scale and material handling equipment, parts and service solution providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries. Please contact Ryan Aprill, principal at Rotunda Capital Partners, regarding acquisition opportunities. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Jill Lafferty +1 847-280-1295 jill@rotundacapital.com Company Website https://www.rotundacapital.com

January 17, 2023 07:46 AM Eastern Standard Time

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