News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

Volatus Aerospace Makes Strategic Investment in Delta Drone to Solidify Global Drone Presence

Volatus Aerospace Corp.

(TSXV:VOL) (OTCQB:VLTTF) - Volatus Aerospace announced the signing of a definitive agreement on March 3 rd, 2022, to make a strategic investment in Delta Drone SA, a company based in Lyon, France, listed on the Euronext Growth Paris stock exchange. The maximum investment value will be C$807,679 (€576,913), representing a 20% equity position in Delta Drone SA, with an option to increase the shareholding to 45% within 30 days from the Closing date with an additional investment amount not exceeding C$1,009,599 (€721,142). The total investment will not exceed C$1.85M (€1.30M), and Volatus plans to fund this through its existing cash reserves. Delta Drone is a fast-growing drone and robotics company with operations in France, Belgium, Australia, South Africa and Ghana and unaudited annual sales in 2021 of approximately C$23 million (€16 million). Founded in 2011, business activities include the design, manufacture and sale of specialized drone and robotics equipment, the dronification of industrial and event security services, training and commercial drone services with particular expertise in mining and agriculture. The agreement provides that Glen Lynch, CEO of Volatus Aerospace, will become Executive Chairman of Delta Drone. Christian Viguié, currently President & CEO of Delta Drone, will assist Glen, and continue to play a role in the management of the alliance. Under the terms of the agreement, Volatus will support Delta Drone in executing an aggressive business development strategy to better leverage the company's key technologies and capabilities. The following initiatives have already been defined: Evolve from a technology-focused organization to a sales-focused organization Pursue a cost rationalization program to improve efficiencies Suspend all further use of the current Ornan dilutive financing program Build joint sales teams with Volatus to accelerate growth in Europe and expand Delta Drone offers in North America Pursue development in Africa and the southern hemisphere (Australia and South Africa) Create a new relationship of trust with all shareholders "The leveraging of Delta Drone's operations in Europe, Australia and Africa with Volatus Aerospace's operations in Canada, the United States and Latin America will create technical and commercial opportunities across five continents," said Glen Lynch, CEO of Volatus Aerospace. "This investment provides joint access to technologies and expertise that broadens the product and service portfolios of both Delta Drone and Volatus Aerospace and creates a synergistic approach to serving the key interests of customers worldwide." "Delta Drone, Delta Drone International and Volatus Aerospace are highly complementary, and this investment moves us towards creating a truly global player, capable of meeting the needs of a large account clientele around the world," said Christian Viguié, President & CEO of Delta Drone. "With technological solutions and associated services ready to be deployed, we will be able to focus on deeper commercialization and accelerating our growth." The transaction will result in the issuance of 824,162,071 Delta Drone treasury shares that, once issued, will represent 20% of total outstanding shares. The shares issued will be subject to any stock adjustments carried out by Delta Drone before Closing. Consideration will be in the form of cash with the per-share subscription price determined by the Parties, based on the volume-weighted average daily price of Delta Drone’s shares over ten (10) trading days before the Closing Date less a 35% discount, or €0.0007 whichever is lower. The investment amount to acquire 20% will not exceed C$807,679 (€576,913). The Closing for the transaction is scheduled for March 31 st, 2022. In addition to the purchase of the shares noted above, Volatus will be issued optional warrants allowing Volatus to increase its equity position in Delta Drone to 45% of the outstanding shares. The subscription price for the shares if Warrants are exercised at Volatus’ sole discretion will be €0.0007 or the volume-weighted average daily price of Delta Drone’s shares over a period of ten (10) trading days prior to the Closing Date less a 35% discount, whichever is lower. The increased investment not exceeding C$1,009,599 (€721,142), can be done before April 30 th, 2022. Volatus is also being issued with anti-dilutive warrants that will be triggered and exercised when shareholding of Volatus falls below the 45% threshold. Anti-dilutive warrants are priced in a similar way as optional warrants. This transaction is expected to close on March 31 st, 2022, or such other date as may be agreed upon, subject to due diligence, mutually agreed business plan, execution of employment contracts for the leadership team of Delta Drone, any applicable waivers, and any applicable regulatory approval by the TSX-V, AMF and foreign investor approval by the French Ministry of Economy. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL About Delta Drone: Delta Drone Group is a recognized international player in the civil drone industry for professional use. It develops a range of professional solutions based on drone technology as well as all associated services that form a complete value chain. Delta Drone shares are listed on the Euronext Growth Paris market - ISIN code: FR0011522168Also listed on Euronext Growth of BSA Y – ISIN code: FR 0013400991 www.deltadrone.com Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 03, 2022 05:47 PM Eastern Standard Time

Image
Article thumbnail News Release

Volatus Aerospace Announces Successful Qualification for the US OTCQB Venture Market

Volatus Aerospace Corp.

Volatus Aerospace Corp. ("Volatus" or the "Company") (TSXV: VOL) (OTCQB: VLTTF), is pleased to announce that it has qualified for trading on the OTCQB Venture Market (the "OTCQB") in the United States and the Company's common shares commenced trading today on the OTCQB under the symbol "VLTTF". Volatus' common shares will continue to trade on the TSX Venture Exchange under the symbol "VOL". The OTCQB, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the United States and abroad. Companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors with improved visibility to enhance trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market providing public information for the analysis and value of securities. “Having our shares quoted on the OTCQB provides greater visibility and a means of expanding our shareholder base and liquidity with US institutional and retail investors," said Glen Lynch, President and CEO of Volatus. "It is an important milestone and natural next step to increase awareness and drive shareholder value during another exciting year.” The Company is awaiting approval of its application for DTC eligibility. B. Riley Securities Inc. acted as OTCQB sponsor. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, the OTC connects a diverse network of broker-dealers that provide liquidity and execution services. The OTC Markets Group Inc. enables investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about the OTC Markets Group Inc., visit www.otcmarkets.com. OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC. Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 02, 2022 08:02 AM Eastern Standard Time

Image
Article thumbnail News Release

Volatus Aerospace Closes Acquisition of MVT Geo-Solutions Inc., a Quebec-based Geomatics Service Company

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (“Volatus”) is pleased to announce that it has closed its acquisition of MVT Geo-Solutions Inc. (“MVT”), a Quebec, Canada-based leader in geomatics innovations. The company announced the definitive agreement to acquire MVT on February 1, 2022. The agreement was subject to several customary conditions including TSX Venture Exchange approval and due diligence. "With the successful closure of this acquisition, Volatus expands our footprint in Quebec, which is one of the largest markets in Canada. We also increase our expertise in geomatics and our access to national and provincial large-scale clients," stated Glen Lynch, CEO of Volatus. "Maude Pelletier and her team are a welcome addition to the Volatus family. We are all looking forward to working together and growing our business." Maude Pelletier, CEO of MVT, commented: “Combining our strengths and capabilities will allow us to lead the industry and maximize our potential. It’s with great pride that we join the family, and we look forward to participating in the growth of Volatus and sharing our knowledge with the rest of the team.” The total consideration payable in connection with the acquisition of 100% of outstanding shares of MVT is $995,000 CAD. This amount consists of: (i) $850,000 CAD paid in cash; and (ii) the balance through the issuance of 349,399 common shares of Volatus having a value of $145,000 CAD (calculated based on the last closing price of the Volatus common shares on the TSX Venture Exchange prior to the closing date). In a prior release (February 1, 2022) it was stated that Volatus will issue common shares to the value of $350,000. This has changed due to working capital adjustments as agreed between the parties. About Volatus Aerospace: Volatus Aerospace Corp. is a leading provider of integrated drone solutions throughout Canada, the United States, and Latin America. Operating a vast pilot network, Volatus serves commercial and defense markets with imaging and inspection, security and surveillance, equipment sales and support, training, and design, manufacturing, and R&D. Through its subsidiary Volatus Aviation, Volatus carries on the business of aircraft management, charter sales, and cargo services using piloted, remotely piloted, and autonomous aircraft. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains statements that constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Corporation with respect to future business activities and operating performance. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding (i) the business plans and expectations of the Corporation; and (ii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Corporation, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information reflects the Corporation’s current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the impact of the COVID-19 pandemic on the Corporation; meeting the continued listing requirements of the TSXV; and anticipated and unanticipated costs and other factors referenced in this news release and the Circular, including, but not limited to, those set forth in the Circular under the caption “Risk Factors”. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Corporation disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Source: Volatus Aerospace Corp. TSXV: VOL Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

March 01, 2022 07:08 PM Eastern Standard Time

Article thumbnail News Release

LevLane Advertising Announces SVP, Partnerships and Development

LevLane

LevLane Advertising, a full-service, award-winning advertising agency based in Center City, Philadelphia, has announced Carl Cherkin, former Vice President of Communications and Business Development at Philadelphia Union, as the agency’s first Senior Vice President of Partnerships and Development. LevLane is a nationally recognized agency which offers creative services, brand planning, social media strategy, public relations, analytics, and more. It was founded almost 40 years ago and has grown to employ more than 75 full-time employees today. Bruce Lev, LevLane’s CEO, Chief Creative Officer, and co-founder, said that while driving in new business and expanding the agency’s presence in the region are primary goals for Cherkin, he fully expects him to step in and contribute in areas outside of partnerships and development. “That’s just who Carl is, and the exact reason we brought him onto our team.” In his previous role at Philadelphia Union, Cherkin was a member of the executive team responsible for launching Philadelphia Union, the city’s successful Major League Soccer team, where he remains a consultant, now in his 13 th season with the club. In addition to the ground-breaking launch, he established a number of successful relationships with corporate sponsors, Chambers of Commerce, and a vast and varied array of businesses, while continuing to generate a continuum of profitable business development opportunities at all levels for the club. Prior to his work in business development and communications, he had a successful career spanning decades in journalism and public relations. For Cherkin, the transition from Emmy Award-winning television sportscaster to business development executive was natural. “I’ve spent my entire career making connections and building relationships, it’s what I love to do,” he said. “I am looking forward to being a part of the team that pushes LevLane into its next phase of growth. We have incredible talent here and my hope is that our reputation for attracting creative powerhouses and impressive clientele makes us the number one agency in Philadelphia and mid-Atlantic region.” The agency has experienced steady growth throughout the past several decades—the decision to bring on a senior vice president for partnerships and development ensures that the agency as a whole remains energized. ‘‘This is an exciting time for LevLane and for me as well. I’ve been given a unique opportunity to work in an environment where the culture, already created, is so vitally important. That my lifelong friend Bruce Lev has been the driving force behind that culture, makes it that much more meaningful,” said Cherkin. “It’s incredibly motivating and at the same time challenging, to know that any and all of contributions I make to this extraordinary group of people will continue to enhance the growth and success of LevLane and its clients.” About LevLane LevLane is an award-winning, full-service, independent advertising agency in Philadelphia, PA, that has been building brands that people love for nearly 40 years. Contact Details Lauren Stralo +1 610-401-4825 lstralo@levlane.com Company Website https://www.levlane.com

March 01, 2022 08:07 AM Eastern Standard Time

Image
Article thumbnail News Release

WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES THE RELEASE OF ITS FOURTH QUARTER AND YEAR-END 2021 FINANCIAL AND OPERATING RESULTS

Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) announced today that it has reported its financial and operating results for the year ended December 31, 2021 on Form 10-K. In conjunction with this announcement, the Company has posted to its website supplemental information regarding WHLR's financial and operating results for the three and twelve months ended December 31, 2021. This information, as well as additional information on WHLR and its business activities, can be accessed via the Investor Relations page at www.whlr.us. ABOUT WHEELER REAL ESTATE INVESTMENT TRUST, INC. Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Please visit the Company's website for more information. Interested parties may access the website through the following link www.whlr.us. Contact Details IRRealized LLC Investor Relations | Mary Jensen +1 310-526-1707 mjensen@whlr.us

February 28, 2022 04:29 PM Eastern Standard Time

Article thumbnail News Release

2022 Land Real Estate Survey: Market Trends, Growth Insights from Nation’s Leading Land Brokerage

National Land Realty

National Land Realty, the nation’s fastest growing real estate land brokerage company—specializing in farm, ranch, country homes, timber, recreational, and commercial development properties—today released its second annual land real estate agent and broker survey. Key findings show that there was a significant positive sales impact on the rural land real estate sector in 2021 with more than 70% of agents seeing a slight to often significant increase in land values, especially with recreational land, farmland, country homes, and timberland. “Both investors and urban professionals ran for rural land in a big way in 2021, albeit for different reasons, which made for a very good year for land sales, with record-breaking volume throughout the year,” said Jason Walter, CEO of National Land Realty. “And with all of the traumatic events of last year, people continue to look to not only invest in land outside of cities, but they also want to live on the land they buy, to be able to breathe the fresh Covid-free air and reconnect with the great outdoors without being locked down. This significant move away from urban areas is now all the more possible through the popularity of remote or hybrid working arrangements.” “2021 was a very strong year for land and 2022 is starting out the same way. More than 90% of our brokers are optimistic that land real estate will do quite well over the next 12 to 18 months,” said Jason Burbage, President of National Land Realty. “And more than 70% of them expect land values to continue to appreciate in 2022 as much as 5% to more than 10% YoY.” Key Survey Takeaways: Land Values in 2021 Last year, brokers saw recreational land increase the most (48.72% of respondents), followed by farmland (24.36% of respondents), with the latter jumping more than 6% over 2020. Country homes and timberland tied for third with 10.26% of brokers saying that these types of land increased the most. Ranchland (5.13% of respondents) and commercial land (1.28% of respondents), rounded out the top six. In terms of percentage of change from 2020 to 2021, land values overall increased more than 10% (40.48% of respondents), 6-10% (26.19% of respondents), and 1-5% (17.86% of respondents). 8.33% of brokers said they experienced no land value increase, while no respondents had any property that lost value. Outlook for 2022 Optimistic For land value appreciation, almost 12% of brokers think it’ll be more than 10%, while 16.67% think land will increase by 6-10%, and the largest group (41.67%) think it’ll increase by as much as 5%. 15.48% think it’ll remain the same and almost 6% think it could drop by as much as 5%. For individual brokerages, 32.14% believe their business will grow by more than 10%, a more than 6% increase from 2021, while 19% think it’ll grow between 6-10%, a 7% drop from last year. And 16.67% say their business will grow as much as 5%, a more than 7% drop YoY. Majority of Buyers Coming from Urban or Suburban Areas (65%) 16.67% from major metro areas like Atlanta and Dallas, which is a 4% increase over 2020. 28.57% from smaller metro areas like Austin and Birmingham, a 3% increase from 2020. 20.24% from the burbs, a 9% drop from 2020. 20.24% from rural areas, a more than 10% jump from 2020. 9.52% from small towns, a nearly 4% drop from 2020. Challenges in 2022 Biggest challenges facing land real estate brokers are finding potential sellers (74% of respondents), establishing the right listing price (33% of respondents), and finding affordable prices for buyers (21% of respondents). The entire survey results are available upon request. About National Land Realty National Land Realty (NLR) is the nation’s fastest growing real estate land brokerage company specializing in farm, ranch, country homes, timber, recreational, and commercial development properties. Highly regarded for its proprietary land touring technology, Land Tour 360®, as well as its GIS land mapping system, LandBase™, which catalogs land data in extremely detailed ways, the company makes it easy to view and zero in on the right property in the right place. Founded in Greenville, S.C. in 2007, NLR has more than 80 offices in 40 states. To learn more visit www.nationalland.com or call (855) 384-5263. Contact Details Ray Young +1 512-633-6855 ray@razorsharppr.com Company Website https://nationalland.com/

February 24, 2022 03:17 PM Eastern Standard Time

Article thumbnail News Release

American Equipment Holdings Expands Footprint to the Midwest via Acquisition of Kistler Crane & Hoist

Rotunda Capital Partners LLC

American Equipment Holdings (“American Equipment”), a Rotunda Capital Partners portfolio company, has acquired Kistler Crane & Hoist (“Kistler Crane”), one of the Midwest’s leading providers of overhead crane systems and maintenance, repair and overhaul (MRO) field services. The acquisition of Kistler Crane is the sixth acquisition completed by American Equipment since partnering with Rotunda in May of 2021. Based in Omaha, Nebraska, Kistler Crane will expand American Equipment’s geographic footprint to the Midwest, enabling both companies to extend their MRO field services and production reach to better serve national and regional customers. American Equipment’s best-in-class quoting, engineering, new equipment and parts resources will also strengthen Kistler Crane’s value-proposition and solution capabilities for its longstanding blue-chip customer base. Collectively, American Equipment and Kistler Crane will pursue additional complementary acquisitions throughout the midwestern U.S. Kistler Crane’s owner, Mark McElligott, will continue to lead Kistler Crane as a division of American Equipment post-transaction. “We are excited to welcome Kistler Crane to the American Equipment family and to partner with Mark, and the entire Kistler team,” said American Equipment CEO Adam Zimmerman. “The acquisition of Kistler Crane is another significant milestone in our strategy of expanding our geographic footprint and solution capabilities across the U.S. by acquiring long-tenured, best-in-class overhead crane production and MRO field service businesses.” “We are excited to join American Equipment on its journey of becoming a national one-stop-shop overhead crane solutions provider. After our initial meeting, it was obvious to us that American Equipment was the right partner for us given our shared values around customer service, employee culture, safety and integrity,” said Mark McElligott, owner of Kistler Crane. “We are excited by the many new possibilities this partnership creates that will enable us to deliver maximum value to our customers across the country and to provide meaningful opportunities for our employees.” About American Equipment Holdings American Equipment Holdings is home to a collection of leading overhead crane and hoist distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane & Hoist, Facilities Engineering, Kistler Crane & Hoist, Pacific Crane & Hoist, and Washington Crane & Hoist. The consolidated entity is one of the largest independently owned overhead crane and hoist solutions providers in the country, serving over 4,000 customers across more than 20 strategic locations nationwide. Together, American Equipment Holdings provides comprehensive solutions for everything related to customers’ overhead crane and hoist 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 the industry’s leading manufacturers such as Detroit Hoist, Columbus McKinnon, ACCO, R&M, Demag, Gorbel, Spanco, IMS, Harrington, Conductix, Magnetek & PE, 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 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 Harrison Furse, Vice President of Business Development at Rotunda Capital Partners, regarding acquisition opportunities. About Kistler Crane & Hoist Founded in 1964, Kistler Crane & Hoist is a leading provider of comprehensive overhead crane solutions, including OSHA mandated inspections, preventative maintenance and repair field services, parts, engineering, new and replacement equipment, and system modernizations. Kistler Crane is based in Omaha, Nebraska and serves customers throughout Nebraska, Iowa, Kansas, Missouri and South Dakota. www.kistlercraneandhoist.com 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

February 23, 2022 07:43 AM Eastern Standard Time

Article thumbnail News Release

VIEW LABS RECOGNIZED BY GLOBEST. AS A TOP INFLUENCER IN COMMERCIAL REAL ESTATE TECHNOLOGY

View Labs

View Labs — a provider of cutting-edge video and digital solutions that bring businesses and brands to life with interactive video, metaverse experiences, virtual touring and more—has been recognized by GlobeSt., a leading commercial real estate (CRE) publication, on its 2022 list of CRE Tech Influencers. View Labs was selected for revolutionizing the use of digital solutions in the CRE business by shaping the real, mixed reality and digital worlds through its interactive 360° video content capabilities, as well as its mixed reality platform, Augmented Virtual Reality (AVR). “We are honored that View Labs has been named an ‘Influencer in CRE Tech’ by GlobeSt.,” stated View Labs CEO Bryan Colin. “Since View Labs was founded, we’ve worked alongside some of the biggest brands in the real estate industry and across several other sectors, reimagining how technology is utilized, and we’ve continuously evolved to meet and anticipate the needs of our industry partners. We’re proud to be recognized amongst this list of innovators, and believe only the best is yet to come as the real estate industry continues to be disrupted by enhanced digital experiences.” Founded in 2016, View Labs has continued to evolve and push the boundaries of what 360° technology can do by creating interactive, user-friendly digital solutions. Its proprietary stack of virtual solutions helps businesses create interactive 360° video, metaverse experiences, virtual touring, AVR and more, while utilizing data analytics to track viewer and customer behavior and engagement. Through its proprietary AVR algorithm, View Labs can create virtual environments at higher quality and faster speeds than alternative technologies, allowing users to see a space as it would appear in the real world, with virtual and interactive elements. Currently, View Labs is the only company that can create all-encompassing digital worlds that blur what is real and imaginary, developing hyper-realistic, interactive experiences. View Labs’ suite of products currently serves various industries and is engaged with leaders across real estate, construction, entertainment, retail, hospitality, technology, and enterprise services sectors. For more information on View Labs or to request a demo, please see www.viewlabs.com. View Labs has revolutionized the 360° video sector with a suite of video and digital solutions that allow businesses to shape the real, mixed reality and digital worlds. Driven by a team of inventors, engineers and designers, we continue to find new ways to evolve our technology to better serve the needs of modern businesses. We offer a stack of highly adaptable, user-friendly technologies to closely replicate in-person experiences in the most realistic way possible. Current customers include industry leaders in real estate, construction, entertainment, retail, hospitality, technology and enterprise services. For more information on View Labs, please see www.viewlabs.com. Contact Details Marino Kristen Myers +1 212-402-3504 kmyers@marinopr.com Company Website https://www.viewlabs.com/

February 22, 2022 09:00 AM Eastern Standard Time

Article thumbnail News Release

Rebuilding Together and Lowe’s Provide Critical Repairs to Historic Los Angeles Homes

YourUpdateTV

Nonprofit Rebuilding Together partnered with Lowe’s, the Official Home Improvement Sponsor of the NFL, to provide essential home repairs for community residents in Los Angeles neighborhoods including View Park, just outside SoFi Stadium, during the annual Kickoff to Rebuild event. A video accompanying this release is available at: https://youtu.be/GYbiDDQwtmY Kickoff to Rebuild, a Super Bowl-sanctioned event presented by Lowe’s, directly benefits 16 families in Los Angeles through home repairs, including roof replacements, bathroom upgrades, kitchen installations, landscaping, window repairs and fresh paint. The families include a senior struggling with mobility, a veteran on dialysis and a retired healthcare provider. Volunteers and local contractors completed the home repairs following COVID-19 safety guidelines provided by the Centers for Disease Control and Prevention. Additionally, Robert Woods, a Lowe’s Home Team member and wide receiver for the Los Angeles Rams, participated in the event. “At Rebuilding Together, our mission is to assist people with disabilities and low-income seniors in rehabilitating or modifying their homes,” said Zeeda Daniele, executive director of Rebuilding Together of the City of Angels. “Through Kickoff to Rebuild, volunteers, contractors and sponsors help make homes in our community safer and more accessible.” Rebuilding Together will also repair the headquarters of the Consolidated Board of Realtists, a local organization founded in 1949 that strives for democracy in housing by opening doors for Black professionals and consumers in real estate. The Board is part of the National Association of Real Estate Brokers (NAREB), which in 1963 secured the passage of the nation’s first state-level fair housing legislation in California. “Through our Kickoff to Rebuild events held during the past 27 Super Bowls, we’ve repaired more than 158 homes, engaged 5,000 volunteers and invested more than $5 million in communities nationwide,” said Caroline Blakely, president and CEO of Rebuilding Together. “This year, we are honored to continue preserving affordable homeownership and revitalizing communities in the Los Angeles area by providing critical home repairs at no cost to homeowners in need.” The work occurred in neighborhoods within a five-mile radius of the University of Southern California, including Baldwin Hills, Chesterfield Square, Crenshaw, View Park, Jefferson Park, West Adams, Wilshire Center, Koreatown, South Los Angeles and the western section of downtown Los Angeles. Despite years of investments into the university and public venues, these neighborhoods still face challenges including persistent generational poverty, substandard and obsolescent housing and low-paying jobs. “The houses we repaired during Kickoff to Rebuild are more than structures that can help build generational wealth, they are part of the community’s history and identity,” said Cesar Martinez, Lowe’s regional vice president. “We have proudly partnered with Rebuilding Together since 2007 and are humbled to provide our expertise in home repairs to help homeowners stay in their homes and safely age in place.” Kickoff to Rebuild is made possible by Lowe’s and Omaze. For additional information about Kickoff to Rebuild, visit rebuildingtogether.org/ktr. For more about Rebuilding Together City of Angels, visit https://rebuildingla.org/. About Rebuilding Together: Rebuilding Together is a leading national nonprofit organization with a mission to repair the homes of people in need and revitalize our communities. Each year Rebuilding Together affiliates complete about 10,000 rebuild projects. Learn more and get involved at rebuildingtogether.org. About Rebuilding Together City of Angeles: Rebuilding Together Of the City of Angels (RTCOA), located in Los Angeles, California, is a 501C3 nonprofit organization established on August 31, 2020, as an affiliate of Rebuilding Together Inc., headquartered in Washington DC. About Kickoff to Rebuild: Kickoff to Rebuild is an annual Super Bowl-sanctioned event hosted by Rebuilding Together. For the past 26 years, Rebuilding Together has partnered with the NFL in Super Bowl cities across the country, rebuilding houses and bringing together neighborhoods. Together, we have repaired more than 150 homes and engaged 5,000 volunteers during these Super Bowl events. About Lowe’s in the Community: As a FORTUNE ® 50 home improvement company, Lowe’s is committed to creating safe, affordable housing and helping to develop the next generation of skilled trade experts through nonprofit partnerships. Across every community we serve, Lowe’s associates donate their time and expertise through the Lowe’s Heroes volunteer program. For the latest news, visit Newsroom.Lowes.com or follow @LowesMedia on Twitter. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

February 17, 2022 04:55 PM Eastern Standard Time

Video
1 ... 5859606162 ... 84