News Hub | News Direct

Real Estate

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

NEW YORK’S 30 HUDSON YARDS IS A TOWERING TESTAMENT TO KRYTON INTERNATIONAL’S INNOVATIVE CONCRETE WATERPROOFING SOLUTIONS

The Hoyt Organization

NEW YORK – February 4, 2025 – The now iconic 30 Hudson Yards—the crown jewel of New York’s $25-billion Hudson Yards megaproject—is widely recognized for its futuristic architecture that famously reshaped Manhattan’s skyline. Six years after the 103-story office tower opened, Kryton International points out that one of the project’s most enduring feats exists in an unseen location. Kryton, a global leader in developing cutting-edge advancements in protecting concrete from water’s corrosive effects, assisted architects and engineers in solving a critical underground challenge long before the skyscraper began its vertical ascent to eventually pass the Empire State Building as the 8 th tallest U.S. building. The building is in a 100-year flood plain above a working rail yard, which would be active throughout construction and revealed visual evidence of the water infiltration’s corrosive effect on concrete. The structure’s below-grade foundation, which was already a significant engineering challenge, would have to be 100% watertight for the life of the building. All architectural triumphs, noted Kryton Vice President for Product Development Kevin Yuers, require three things: great design, quality materials and workmanship. That formula is how Hudson Yards’ subterranean infrastructure, for which Kryton’s materials were critical, maintains stability, resilience and sustainability to the inhospitable building site. “Most opinions of 30 Hudson Yards’ architecture are formed by looking up, but design excellence also lies beneath our feet,” Yuers said. “The innovation that occurred below the surface was a masterful combination of design, materials, and skilled workmanship that was as much a window to the future as the tower’s striking presence in the New York skyline. Though Kryton has been part of major developments in 50 countries, this project spotlighted the critical role of waterproofing technology in the future of construction.” Indeed, Kryton’s concrete waterproofing solutions are part of many globally-recognized developments – including construction of the new World Trade Center – but nothing has attracted the public spotlight quite like 30 Hudson Yards’ underground challenges. The 2012 groundbreaking ceremony was just three months after Hurricane Sandy devastated New York City with catastrophic flooding. The storm underscored the critical importance of protecting foundations from saltwater intrusion. “Hurricane Sandy was a glaring worst-case scenario of the devastating potential of saltwater flooding, which has a destructive impact on the stability and durability of exposed concrete structures,” said Yuers, noting that concrete is the world’s second most-used substance after water. “This very real threat reinforced the importance and availability of materials that can keep foundations 100% watertight for a building’s entire service life.” In anticipation of 30 Hudson Yards eventual status as Manhattan’s premier office property for Fortune 500 tenants, flawless structural integrity, durability and long-term sustainability of the foundation was among many non-negotiable expectations. To meet the rigorous demands of this project, architectural firm Kohn Pedersen Fox Associates and building envelope consultant Wiss, Janney, Elstner Associates, Inc. selected Kryton’s Krystol Internal Membrane™ (KIM®) as the waterproofing solution for the below-grade foundation. The KIM system was applied to key areas including the base slab, elevator pits, flood retention tank, and Amtrak’s underground wheel truer facility. Kryton’s Krystol T1® was applied to both new and preexisting foundation walls, retail podium slab, and the machine room. Krytonite Swelling Waterstop and Krystol Waterstop Treatment formed watertight construction joints. This was critical where old and new concrete meet, which can be particularly leak prone. The Krystol technology enables concrete to self-seal cracks and block water indefinitely, while Krytonite Waterstop’s compression sealing power is four times greater than conventional methods to ensure long-lasting prevention against water intrusion. After six years, 30 Hudson Yards’ foundation remains completely watertight—a testament to the reliable performance that Kryton products consistently deliver. As a result, they have become essential to a growing number of architects, engineers, and builders. “30 Hudson Yards has literally become a towering testimonial to our concrete technology’s ability to extend the service life, safety and sustainability of concrete structures in even the most difficult conditions. The last six years have proven Kryton’s value to a bigger audience,” emphasized Alain Lok, Kryton Senior Business Manager, Northeast USA, who worked closely with the company’s regional distributor, Dry Concrete CEO Greg Maugeri, to ensure project success. “Together with our partners at Dry Concrete, we supported 30 Hudson Yards as both manufacturer and distributor to provide a superior product, expertise and countless hours of support to make this project a success.” Since its opening, the ambitious development has remained Manhattan’s premier mixed-use property—attracting a tenant base of Fortune 500 companies and some of the most notable retailers—while commanding the city’s highest office lease rates. The skyscraper achieved LEED Gold certification and earned the H. Bruce Russell Global Innovator’s Award for its transformative workplace design and smart building environment. Its foundation is expected to remain watertight and corrosion free for generations. ABOUT KRYTON Kryton International Inc. is the inventor of the crystalline waterproofing admixture and has been waterproofing concrete structures with its proprietary Krystol® technology since 1973. Kryton has won awards for innovation, manufacturing, best place to work, and entrepreneurship. Kryton is an active member of the American Concrete Institute, International Concrete Repair Institute, American Shotcrete Association, and many other thought-leading organizations. Kryton exports its products to more than 50 countries globally. www.kryton.com Contact Details Kryton International Leeza Hoyt +1 310-343-3197 llhoyt@hoytorg.com Company Website https://www.kryton.com/

February 06, 2025 02:04 PM Pacific Standard Time

Article thumbnail News Release

Globavend (NASDAQ: GVH) Inked Key Partnerships In Home Market Oceania As It Focuses On Footprint Expansion, Competing With The Likes Of FedEx and DHL

Benzinga

By Kyle Anthony, Benzinga In an increasingly interconnected world where one’s customers are not only within their local market but can also be in different regions across the globe, the ability to efficiently deliver goods is critical. Globavend Holdings Limited (NASDAQ: GVH ), an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia and New Zealand, is entering the global logistics ecosystem, going against established players such as Deutsche Post AG (DHL) (OTC: DHLGY), FedEx Corp (NYSE: FDX) and Hongkong Post in delivering packages to the front door of awaiting individuals. Globavend’s mission is to combine their experience, knowledge and network with flexibility and agility to provide a one-stop logistics solution to customers and enterprises. Founded in 2016, the company has grown over the years, becoming a premier service provider of end-to-end logistics solutions. While traditional logistics providers often offer a piecemeal service, requiring customers to coordinate with various service providers to fulfill delivery, Globavend takes ownership across the logistics value chain, including warehousing, customs clearance and air freight or ground transportation services. The firm’s ability to undertake such ownership stems from its proprietary all-in-one shipping solution, which can be connected to the internal sales or booking systems of customers as well as the carrier management systems of ground transportation carriers to facilitate effective logistics management. Globavend reports that having this depth of control has enabled the firm to provide efficient and customer-oriented services to great success. Globavend became a publicly traded company in November 2023, and in March 2024, the firm entered into a $20 million equity purchase agreement with Square Gate Capital Master Fund, LLC – Series 1. In both instances, the impetus behind these liquidity corporate actions was to bolster the firm’s capabilities by expanding warehouse capacity or elevating e-commerce logistics services into different verticals of the logistics supply chain. Growth In E-Commerce Within Oceania Within Oceania, specifically Australia and New Zealand, e-commerce has grown in recent years. As reported by the 2024 Australia Post eCommerce Industry Report, Australians spent approximately AU$63 billion (roughly $40 billion) online in 2023. With 8 out of 10 Australians shopping online during the year – which is estimated to be around 9.5 million households – the adoption of e-commerce is growing. E-commerce adoption is expected to continue growing, as the online share of retail spending was just 16.8% for the year; down from the 25% threshold attained during the COVID-19 period. The growth in e-commerce is a key driver for the Australian freight and logistics market, which was estimated to be worth $89.78 billion in 2023 and is estimated to grow to $136.91 billion by 2032, based on research conducted by imarc. From a competitive standpoint, while multi-national firms such as DHL and FedEx are operators within the region, private logistic firms and governmental postal services are also competitive entities within the local logistical landscape. Within this competitive landscape, Globavend’s value proposition is being a reliable one-stop shipping provider specifically designed for e-commerce businesses, with a lower price point than DHL and FedEx but providing comparable service quality in delivery. As noted by Research and Markets, the growth of the logistical landscape will continue into the foreseeable future, as factors such as the Australian government improving logistical infrastructure, a growing consumer base, rising exports and imports and increasing demand for products will broaden the ecosystem. Globavend: Scaling For Operational Excellence Globavend is taking the necessary actions to meet the expected demand for e-commerce from its key markets in the coming years. As outlined in its corporate presentation, the firm plans to take strategic action to strengthen its competitive position within the markets it operates in. An example of this is expanding its logistical services into different verticals of the logistics supply chain. Given that Globavend currently utilizes a network of service providers, its expansion plans include setting up ground transportation and customs clearance service teams. Furthermore, the firm plans to leverage technology to enhance its service offerings, namely, expanding parcel collection networks with smart facilities and providing 24/7 pickup, collection and drop-off services. Attaining scale and a broad distribution network is essential for competitiveness within the logistics industry. To that end, Globavend plans to upgrade warehousing facilities for value-added logistics services and explore the formation of strategic alliances or acquisition opportunities. Recently, the firm began partnering with NZ Post – a state-owned enterprise with the New Zealand Government as its sole shareholder – for last-mile delivery services. The company entered into a similar partnership with Australia Post, another state-owned enterprise that provides postal services across Australia. Apart from these, Globavend has also entered into a block space agreement with Australia's largest airline, Qantas Airways. The airline carrier will provide Globavend with secured cargo space in its flights to and across Australia, thus allowing the firm to deliver products across the country more efficiently by leveraging the airline's significant network. Globavend, An Emergent Industry Leader With e-commerce expected to grow in the future, Globavend is positioning itself to be a logistical leader and a top-of-mind choice for clients seeking to move their goods to individuals. The strategic actions the firm is undertaking to bolster its value proposition in the marketplace seek to enable the company to grow its market share and be a distinct operator relative to its industry peers. To learn more about Globavend Holdings, click here. Featured photo by CHUTTERSNAP on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

February 06, 2025 08:50 AM Eastern Standard Time

Image
Article thumbnail News Release

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for January 2025

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 January 31, 2025. An aggregate total distribution of $6.20 million or $0.082711 per trust certificate will be paid on February 10, 2025, to certificateholders of record as of February 7, 2025. This distribution is lower than the Trust’s typical monthly distribution primarily due to annual expenses paid in January, particularly insurance and Trustee fees. In addition, the Trust obtained its required semi-annual BOV’s in January. 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 +1 847-313-4755 jcummins@hilcoglobal.com Company Website https://ctltrust.net/about/default.aspx

February 05, 2025 04:15 PM Eastern Standard Time

Article thumbnail News Release

Flash Names Jim Zeitunian Chief Technology Officer

Flash

Flash, the leader in parking and mobility technology, today announced the hiring of Jim Zeitunian as Chief Technology Officer (CTO). Over his decades-long career, Zeitunian has led the transformation of hardware and software firms into AI-forward technology innovators. As CTO of Flash, he will drive innovation and advancement of the digital parking ecosystem powering Flash’s parking management platform. "Now is a pivotal time in parking and mobility innovation, and Jim's track record of modernizing legacy industries through AI and cloud technologies aligns perfectly with Flash's vision," said Dan Sharplin, Flash's CEO and Chairman. "His expertise in scaling AI platforms will accelerate our transformation of the parking experience, from expanding our AI-enabled Vision camera network to deepening integrations with consumer apps like ParkMobile. Jim's leadership will be instrumental in building the intelligent mobility infrastructure of tomorrow." Zeitunian joins Flash with a distinguished career in technology leadership, including most recently as CTO of Powerfleet, where he transitioned a traditional fleet management business into a data-driven SaaS powerhouse. Earlier in his career, he developed enterprise SaaS platforms at Coupa Software and Thomson Reuters, gaining unique insight into scaling complex technology ecosystems for Fortune 500 businesses. "The parking industry is ready for an AI-driven revolution, and as a pioneer in parking and mobility technology, Flash has positioned itself to lead it," said Zeitunian. "We’re creating an intelligent parking network that will fundamentally change how people and vehicles move through urban spaces. The opportunity to join Flash's talented team to scale this vision globally is incredibly exciting." In the CTO role, Zeitunian assumes leadership of Flash's global engineering, product management and design, and quality assurance teams and reports to Flash president Chris Donus. Priorities include expanding Flash's AI capabilities across its product portfolio, scaling the company's cloud-based operating system to support growing transaction volumes, and accelerating the integration of parking, EV charging, and mobility services into a unified digital experience. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

February 03, 2025 12:00 PM Central Standard Time

Article thumbnail News Release

MetaProp Reveals Startups Selected for 2025 Accelerator at Columbia University

MetaProp

The MetaProp Accelerator at Columbia University announced six new PropTech startups have been selected into its landmark tenth cohort. This prestigious 22-week program, hosted in the heart of New York City, continues to shape the future of real estate technology by connecting transformative startups with MetaProp’s unparalleled global network of investors, mentors, and industry leaders. The companies were chosen from a record 200+ applications from around the world. The 2025 MetaProp Accelerator at Columbia University’s tenth cohort includes: The startups' innovative solutions address urban sustainability through decarbonization and solar energy, aligning with regulations such as New York City’s Local Law 97. The tenth accelerator cohort also includes cutting-edge advancements in artificial intelligence to optimize building efficiency and construction technology aimed at increasing housing supply in the midst of a housing crisis, reflecting the sector’s commitment to driving meaningful and timely change. Participating entrepreneurs include a former Google executive, members of Brooklyn Navy Yard’s deep tech center NewLab, a Y Combinator graduate, and accomplished Harvard University, Stanford University, and University of Pennsylvania alumni. " As both a participating member of NYCEDC's Venture Access Alliance and a recipient of the NYC Catalyst Fund, MetaProp is at the forefront of real estate technology - uplifting startups to lead the way in sustainable urban innovation and decarbonization," said New York City Economic Development Corporation (NYCEDC) Chief Operating Officer Melissa Román Burch. " The success of the MetaProp Accelerator at Columbia University over the past decade is tangible throughout the five boroughs, and we look forward to the tenth cohort advancing cutting-edge technology and creating local jobs as they grow their businesses. " Since launching in 2015, 50 companies have participated in MetaProp acceleration programs. Graduates have raised over $200m in combined venture funding and have ultimately exited to industry leaders like JLL, Comcast, Realtor.com, and Alarm.com. MetaProp General Partner Zach Aarons commented, " As we celebrate the past decade of the MetaProp Accelerator at Columbia University, we are reminded of the incredible impact innovative PropTech solutions can have on making cities like New York more sustainable. This year’s cohort is uniquely positioned to tackle the challenges of decarbonization, energy use, and urban mobility, driving meaningful change for the real estate industry and the communities it serves. " “ REBNY’s partnership with the MetaProp Accelerator underscores our commitment to integrating cutting-edge technologies within New York’s real estate sector,” said Sandhya Espitia, Chief Operating Officer at REBNY. “ This collaboration is pivotal in maintaining New York’s leadership in real estate technology and providing our members direct access to innovations shaping our industry for years to come. ” About MetaProp: MetaProp is a New York-based venture capital firm focused on the real estate technology (PropTech) industry. Founded in 2015, MetaProp's investment team has invested in 175+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 20+ billion square feet across every real estate asset type and global market. The firm's investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events including NYC Real Estate Tech Week, and publications Global PropTech Confidence Index and PropTech 101. Contact Details MetaProp Wes Mizell +1 512-460-9200 wmizell@metaprop.com Company Website https://www.metaprop.com/

January 31, 2025 09:00 AM Eastern Standard Time

Image
Article thumbnail News Release

CPREX Enters Las Vegas Market with Acquisition of Martinique Bay Multifamily Property

Clarion Partners

Clarion Partners Real Estate Income Fund Inc. (“CPREX” or the “Fund”) announced today it has acquired Martinique Bay, a 256-unit garden style apartment community located in the Green Valley submarket of the Las Vegas/Henderson area of Nevada. Clarion Partners brings decades of experience in the Multifamily sector, with more than $11 billion currently invested across Class A and garden-style apartments in key markets throughout the U.S. This purchase brings the total amount of residential space owned by CPREX investors to more than 41% of the Fund. 1 More broadly, Clarion Partners has almost $2 billion invested in commercial real estate across the Las Vegas metro area. “The purchase of Martinique Bay, in the thriving planned community of Green Valley, is not only ideally located near the Harry Reid International Airport and major shopping and employment hubs, but it is also a great property for families with its above-average unit sizes and access to some of the best public schools in the greater Las Vegas metro,” says Clarion Partners Managing Director and Fund Manager Rick Schaupp. Clarion is part of Franklin Templeton’s alternatives business, which spans a broad range of strategies, including real estate, private credit, hedge funds and secondary private equity and co-investments with approximately $250 billion in assets under management as of September 30, 2024. Clarion Partners serves as CPREX’s sub-adviser and Franklin Templeton through different entities serves as the adviser, administrator and distributor of the Fund. For a deeper look at why Clarion Partners has high conviction in the multifamily sector, view our latest Clarion Calls Market Insights video: To read our latest whitepaper about the U.S. multifamily sector, click here: The Endurance of U.S. Rental Housing Investments. About Clarion Partners Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for more than 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With over $73 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to 500 institutional investors across the globe. For more information visit www.clarionpartners.com. About Franklin Templeton Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of June 30, 2024. For more information about CPREX and Alternatives by Franklin Templeton, please visit cprex.com or alternativesbyft.com. 1 Reflects the Gross Real Estate Value of each asset as a percentage of the Gross Real Estate Value of the Private Real Estate sleeve. Source: Clarion Partners. As of January 2, 2025, this investment represents 5.6% of relative percentage of the holding of the entire portfolio (100%). Characteristics and holdings weightings are based on total portfolio, are subject to change at any time, and are provided for informational purposes only. Not to be construed as a recommendation to purchase or sell any security. There can be no assurance that any unrealized investment described herein will prove to be profitable. Investment Risks: All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Liquidity Risk Considerations: The Fund should be viewed as a long-term investment, as it is inherently illiquid and suitable only for investors who can bear the risks associated with the limited liquidity of the Fund. Limited liquidity is provided to shareholders only through the Fund’s quarterly repurchase offers for no more than 5% of the Fund’s shares outstanding at net asset value. There is no guarantee these repurchases will occur as scheduled, or at all. Shares will not be listed on a public exchange, and no secondary market is expected to develop. Shareholders may not be able to sell their shares in the Fund at all or at a favorable price. Risks related to investment made by the Fund: The Fund’s investments are highly concentrated in real estate investments, and therefore will be subject to the risks typically associated with real estate, including but not limited to local, state, national or international economic conditions; including market disruptions caused by regional concerns, political upheaval, sovereign debt crises and other factors. Asset-backed, mortgage-backed or mortgage-related securities are subject to prepayment and extension risks. The Fund and/or its subsidiaries employ leverage, which increases the volatility of investment returns and subjects the Fund to magnified losses if an underlying fund’s investments decline in value. The Fund may use derivatives, such as options and futures, which can be illiquid, may disproportionately increase losses, and have a potentially large impact on Fund performance. Fixed income securities involve interest rate, credit, inflation and reinvestment risks. As interest rates rise, the value of fixed income securities fall. High-yield bonds possess greater price volatility, illiquidity and possibility of default. Before investing, carefully consider a Fund's investment objectives, risks, charges and expenses. You can find this and other information in each prospectus, or summary prospectus, if available, at www.franklintempleton.com. Please read it carefully. Any information, statement or opinion set forth herein is general in nature, is not directed to or based on the financial situation or needs of any particular investor, and does not constitute, and should not be construed as, investment advice, forecast of future events, a guarantee of future results, or a recommendation with respect to any particular security or investment strategy or type of retirement account. Investors seeking financial advice regarding the appropriateness of investing in any securities or investment strategies should consult their financial professional. INVESTMENT PRODUCTS: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE ©2025 Franklin Distributors, LLC, member FINRA, SIPC. Franklin Distributors, LLC, and Clarion Partners, LLC are all subsidiaries of Franklin Resources, Inc. Contact Details Chris Sullivan +1 917-902-0617 chris@craftandcapital.com Company Website https://www.clarionpartners.com

January 22, 2025 08:00 AM Eastern Standard Time

Video
Article thumbnail News Release

Flash Earns HITRUST Certification, a First in Parking Technology

Flash

Flash, the leading AI-powered parking technology provider, today announced it has achieved HITRUST Certification for its PARCS and Valet solutions, the first and only parking technology provider to earn the distinction. The achievement confirms Flash’s data security practices meet the highest standards trusted by 81 percent of U.S. hospitals and health systems. Flash's HITRUST-certified PARCS and Valet solutions align its security frameworks with those of its healthcare clients and reduce their implementation complexity and risk. The certification also gives assurance to patients, visitors, physicians and staff that their information is safe from the moment they enter the parking facility. “We have a track record of setting new standards in parking," said Flash CEO Dan Sharplin. “Our focus on reimagining the parking experience calls for putting security front and center, within and beyond healthcare. We’re also committed to a great experience for operators and owners, and this certification allows us to carry the technical burden of compliance on their behalf.” Flash PARCS and Valet solutions have earned the trust of the country’s largest medical district and from healthcare systems in major metros nationwide, including Atlanta, Boston, Chicago, Denver, Houston, New York City, Orange County, Phoenix, Pittsburgh and San Diego. Flash’s industry-leading parking technology has also earned designation as a Level 1 Service Provider by the Payment Card Industry (PCI) Data Security Standards (DSS), which it has maintained for 11 consecutive years. Its cloud-based platform can process over 500 million transactions yearly in a secure environment that limits the risk of data loss, disruption, or corruption. Operating entirely in the cloud also allows Flash to manage compliance for operators and owners, pushing security updates and routine system checks required by PCI and HITRUST standards over the air, which become operational within minutes. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use daily with garage, surface lot, event, and valet parking locations—connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

January 21, 2025 10:00 AM Central Standard Time

Article thumbnail News Release

K3 Holdings and Alpine LA Properties Providing Immediate Housing for Families Displaced by California Wildfires

K3 Holdings

K3 Holdings, a privately held real estate investment firm with extensive holdings throughout the United States and Alpine LA Properties, a leasing company providing newly remodeled apartments at affordable rates are actively working to support families displaced by the catastrophic California wildfires. By designating units specifically for those who have lost their homes, both companies are demonstrating a deep commitment to immediate relief and long-term recovery. Families are already in the process of relocating into buildings owned and operated by the property management company. With 11 lives tragically lost already, more than 10,000 structures destroyed (5,300 in Palisades and 7,000 in Eaton), damages at more than $100 billion, and residents still under evacuation orders, the scale of this disaster demands unified action. K3 Holdings and Alpine LA Properties have stepped up by offering vacant units to provide temporary housing for affected individuals and families. K3 and Alpine property managers are coordinating with local relief organizations to match available units with those in need, ensuring that victims of the wildfires have a secure place to stay as they begin to rebuild their lives. Families are already moving into K3 and Alpine buildings. To recommend someone who was displaced by the wildfire, or to get in touch with the property managers, please email leasing@alpinelaproperties.com. "These wildfires don’t just burn landscapes—they disrupt lives and tear through the fabric of our communities," said Michael Kadisha, a Principal of K3 Holdings. "The families forced to evacuate and the first responders fighting these fires are our neighbors, friends, and colleagues. Now more than ever, we must come together to support, rebuild, and heal." The efforts to provide temporary housing in K3 Holdings and Alpine LA Properties units are designed to ease the transition for those displaced residents by the wildfires. The property managers are dedicated to ensuring that those impacted can begin rebuilding their lives with dignity and comfort in safe and secure homes. The devastating loss of homes highlights the critical need for safe and affordable housing. Losing a home means losing safety, comfort, and stability—elements vital to personal and community resilience. K3 Holdings and Alpine LA Properties remain dedicated to advancing resilient, affordable housing initiatives that safeguard communities against future challenges. "When disaster strikes, the need for secure and sustainable housing becomes painfully clear," said Nathan Kadisha, a K3 Holdings Principal. "Our companies are committed to supporting solutions that prioritize community well-being and long-term recovery." Grassroots organizations are mobilizing relief efforts across California, and we can all make a meaningful impact. Relief efforts depend heavily on volunteer support. Assistance at evacuation centers, distribution of supplies, and meal preparation are just a few ways to help. Nonprofits are actively providing aid to displaced families. Monetary donations and in-kind support are vital to sustaining these efforts. In response to the ongoing wildfire crisis, K3 Holdings has also made a corporate gift on behalf of its K3 Tenants and Alpine residents to support the heroic efforts of the Los Angeles Fire Department (LAFD). Recognizing the critical need for additional resources to combat these devastating fires, the company is calling on the community to join in by supporting the Los Angeles Fire Department Foundation. The LAFD Foundation plays a vital role in equipping firefighters with life-saving tools and resources that are not funded by the city budget. The foundation is currently seeking monetary donations to provide essential gear, including emergency fire shelters, hydration backpacks, and wildland brush tools—all crucial items that help protect both firefighters and the communities they serve. The entire K3 Holdings and Alpine LA Properties families express their deepest gratitude to the firefighters, volunteers, and everyone lending a hand in this critical time. "The California wildfires are a reminder of life’s fragility and the strength of human connection," Michael Kadisha continued "Let’s stand together, support one another, and work toward a future where safe, affordable housing is a reality for all." About K3 Holdings and Alpine LA Properties K3 Holdings and Alpine LA Properties are committed to creating strong, vibrant communities through thoughtful property management and a focus on fostering neighborly connections. By hosting community events and providing quality living spaces, we strive to make our neighborhoods places where residents feel a sense of pride and belonging. ### For more information or to schedule an interview with a K3 spokesperson, please contact Dan Rene at 202-329-8357 or dan@danrene.com Contact Details K3 Holdings Dan Rene +1 202-329-8357 dan@danrene.com Company Website https://k3holdings.com/

January 11, 2025 09:00 AM Eastern Standard Time

Article thumbnail News Release

Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for December 2024

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 December 31, 2024. An aggregate total distribution of $24.2 million or $0.322926 per trust certificate will be paid on January 10, 2025, to certificateholders of record as of January 9, 2025. 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

January 07, 2025 04:15 PM Eastern Standard Time

12345 ... 86