News Hub | News Direct

Real Estate

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

All County® Expands to Metro-Tampa Area!

All County Property Management Franchise Corp.

Owning rental properties in the metro-Tampa area just got easier. The creators of All County® Property Management today are proud to announce they are expanding service to the greater Tampa area. All County® Palma is now one of the 65+ franchisees of one of the world's best and most comprehensive franchises in property management. All County provides tenant screening, negotiation, placement and renewals; rent collection; maintenance coordination; and easy, online accounting. Youcef Aradj, owner of All County® Palms says, “We are devoted to maximizing our investors ROI, providing peace of mind and finding the perfect tenant match for our property owners.” With nearly 25 years of investment and asset management experience, Youcef understands that maximizing the return on investment is paramount for clients. At a time when real assets should benefit from the current environment relative to other investments, Youcef has turned his attention to a managing a new asset class. It was the “family atmosphere, the support network and the emphasis on integrity” of All County® that brought them to the decision to open their own property management firm. “Our Mission is to ensure every Tampa property owner has a competent and honest professional to manage their most valuable asset,” as stated by Youcef, investors of Tampa, Florida can rest easy in Palms' hands. All County® Palms is located at 7320 E Fletcher Ave Tampa, FL 33637 44126. Please call us at (813)-608-3500 or visit www.AllCountyPalms.com so we can help you get the best return on your property investment. All County® Property Management All County® Palms joins a nationwide network of property management offices with unparalleled experience and expertise. Property managers within the All County® franchise are experts in property management and investment properties. They know how to best navigate everything from marketing, tenant screening, lease negotiations and renewals, rent collections, and maintenance. With 30 years of experience in the property management industry, All County® helps property owners maximize their investments by maintaining properties, effectively communicating with tenants, and taking on the daily responsibilities of owning investment properties. All County provides franchisees with the opportunity to gain the confidence and ability to own a business prepared for success by working under the reputation of a well-established firm. For more information about All County® Property Management Franchise, please visit AllCountyFranchise.com About: All County® Palms has joined a nationwide network containing the world's best and most comprehensive franchises in the property management industry. All County property managers are experts in property management, from marketing and tenant screening to lease negotiation, rent collections, and maintenance. With 30 years of experience in the property management industry, All County helps property owners maximize their investments by maintaining locations, communicating openly with tenants, and taking on the daily responsibilities of ownership. All County provides franchisees with the opportunity to work under the reputation of a well-established firm, and gain the confidence and ability to own a business prepared for success. For more information about All County® Franchise, please visit AllCountyFranchise.com Owner Contact: Youcef Aradj, All County® Palms, (813)-608-3500 Media Contact: Heather Kyle, All County® Franchise, 1-855-245-7368 ext. 121, Heather@AllCountyFranchise.com SOURCE All County Property Management Franchise Corp. About All County® Property Management All County® Palms joins a nationwide network of property management offices with unparalleled experience and expertise. Property managers within the All County® franchise are experts in property management and investment properties. They know how to best navigate everything from marketing, tenant screening, lease negotiations and renewals, rent collections, and maintenance. With 30 years of experience in the property management industry, All County® helps property owners maximize their investments by maintaining properties, effectively communicating with tenants, and taking on the daily responsibilities of owning investment properties. All County provides franchisees with the opportunity to gain the confidence and ability to own a business prepared for success by working under the reputation of a well-established firm. For more information about All County® Property Management Franchise, please visit AllCountyFranchise.com Contact Details Heather +1 727-800-3700 heather@allcountyfranchise.com Company Website https://www.allcountyfranchise.com/

February 17, 2022 10:02 AM Eastern Standard Time

Article thumbnail News Release

LEE & ASSOCIATES TEAM CLOSES $26.5 MILLION TRANSACTION OF DOWNTOWN LOS ANGELES CREATIVE OFFICE SPACE

Lee & Associates Los Angeles

Lee & Associates’ Team Cline, headed by Jack Cline, Doug Cline, and Evan Jurgensen negotiated the $26.5 million dollar sale of 120 S. San Pedro Street, a 79,249 square-foot space, in downtown Los Angeles. Buck Design, the buyer, represented by Lee & Associates, is a global creative agency, with offices in Los Angeles, New York, Sydney, and Amsterdam, and will utilize the creative space for its West Coast operations. “This move signals a shift from what we’ve seen in large, unoccupied office real estate, and as a team, we were excited to represent this sale, signaling the demand for larger creative office space,” said Evan Jurgensen, Vice Principal for Lee & Associates. “Buck is one of the largest companies to take office space in downtown Los Angeles since the start of the pandemic. This property and the Little Tokyo neighborhood were ideal for Buck given its proximity to public transportation and neighboring amenities.” Previously owned and operated by Union Bank, Brickstar Capital, purchased the building in 2017 and transformed it into a creative campus in 2020 with an updated lobby, private patio, and new gym, among other amenities. The building was originally built in 1985 and included ground floor retail and subterranean parking. CBRE’s Taylor Watson, Brad Chelf, Phillip Sample, Chris Caras, Michael Shustak, and Ryan Phillips represented the seller. ABOUT LEE & ASSOCIATES Lee & Associates offers an array of real estate services tailored to meet the needs of the company’s clients, including commercial real estate brokerage, integrated services, and construction services. Established in 1979, Lee & Associates is now an international firm with offices throughout the United States and Canada. Our professionals regularly collaborate to make sure they are providing their clients with the most advanced, up-to-date market technology and information. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter, and Link, our company blog. Contact Details The Hoyt Organization Kent Barrett kbarrett@hoytorg.com Company Website https://www.hoytorg.com/

February 16, 2022 08:35 AM Pacific Standard Time

Image
Article thumbnail News Release

Volatus Aerospace Forecasts Revenues of $38 million in 2022, a 138% Growth from 2021, with an expected gross margin of 31%

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV:VOL) ("Volatus" or the "Company") is pleased to pre-announce its unaudited Pro-forma revenue for FY2021 of approximately $16.5 million of sales and expects to release its audited 2021 financial statements in April of 2022. Additionally, Volatus is providing revenue guidance of $38 million for FY2022 with a blended gross margin of 31%. The forecast includes twelve months of all operating subsidiaries and ten months of MVT Geo-Solutions, an acquisition scheduled to close on or around February 28th, 2022. All amounts are in Canadian dollars unless otherwise noted. The Company will host a webcast on February 28, 2022, at 3 pm EST to discuss recent operational highlights and forward-looking guidance in connection with 2022 forecast revenues. “Volatus is recognized as a leader in the drone industry. Our ability to scale has allowed the Company to accelerate growth, consolidate earnings, and access greater revenue-generating opportunities,” said Glen Lynch, President and CEO of Volatus. “We have a mature aerospace team with a demonstrated ability to execute and a growing opportunity fuelled by the rapid adoption of drones across industry, government, and defense sectors.” "Volatus grew revenues from less than $1 million in 2020 to more than $16 million in 2021. At the same time, we completed a reverse take-over and were approved for listing on the TSX Venture by year-end," said Abhinav Singhvi, Chief Financial Officer. "Volatus is built on the foundation of scaling businesses on a sustainable basis – we are blitzscaling, but responsibly, with our eyes on the bottom line. While the global drone industry is a US$58.4 billion market, growing at a CAGR of 16.4% ( as per the Markets and Markets 2021 report ); we intend to capture as much market as possible through our growth strategy." Business Highlights for 2022 Emerging, growth segments of the business include public safety, defense, unmanned commercial cargo and military re-supply, forestry, and autonomous solutions with integrated remote flight operations software Scaling existing customers with national service offerings Leveraging the Company's premier Canadian position in the services and equipment sales into growth in the US and Latin American markets Commencement of assembly and testing of long-range, high endurance drones at the Lake Simcoe facility in Ontario Business Outlook and Webcast Details Glen Lynch, President and CEO of Volatus, Abhinav Singhvi, Chief Financial Officer, and Rob Walker, Chief Operating Officer, will host a conference call and webcast on February 28, 2022, at 3 pm EST to discuss details of the company's performance and certain forward-looking information. The session may be accessed here. The webcast will be available for replay on March 1, 2022. 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. 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. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 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

February 16, 2022 08:30 AM Eastern Standard Time

Article thumbnail News Release

Copper Property CTL Pass Through Trust Announces 2021 Tax Treatment of Trust Earnings

Copper Property CTL Pass Through Trust

Jersey City, New Jersey – Copper Property CTL Pass Through Trust (“the Trust”), today posted the estimated Federal income tax treatment of the Trust’s 2021 earnings to its website. The information can be downloaded here. Nothing contained herein or therein should be construed as tax advice. Consult your tax advisor for more information. Furthermore, you may not rely upon any information herein or therein for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code. Certificateholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Trust’s distributions. Additional information can be obtained on the Trust’s website. 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 Copper Property CTL Pass Through Trust Larry Finger | Principal Financial Officer +1 310-526-1707 lfinger@ctltrust.net Copper Property CTL Pass Through Trust Mary Jensen | Investor Relations +1 310-526-1707 mjensen@ctltrust.net.net Company Website https://ctltrust.net/about/default.aspx

February 14, 2022 04:15 PM Eastern Standard Time

Article thumbnail News Release

QX Global Group Acquires Management Consulting & Advisory Services Firm Chazey Partners

QX Global Group

Together QX Global Group and Chazey Partners will provide end-to-end Business Transformation, Digital Services & Intelligent Automation, and Business Process Outsourcing (BPO) for Fortune 1000 companies and public sector organizations, including higher education, across the globe. QX Global Group, a Top 100 Business Process Outsourcing company, announced the acquisition of an 80% stake in Austin, Texas-based Chazey Partners, a world-class management consulting and advisory firm specializing in business and digital transformation. The Chazey Partners team brings decades of experience in implementing and operating world-class business support and shared services organizations around the globe, with expertise in Robotic Process Automation (RPA) and Artificial Intelligence (AI). Together, QX and Chazey Partners will work to deliver innovative solutions that cover transformative consulting, digital services, and business process outsourcing, customized to meet each client’s specific needs. “At QX, we have always focused on enabling transformation of our client’s businesses using our unique 3P approach of people, process, and platform, and we are thrilled that the addition of Chazey will allow us to help organizations solve their most significant barrier to growth – digital adoption and business transformation at scale, said Frank Robinson, Group CEO of QX Global Group. “Adding Chazey furthers our vision to provide integrated, end-to-end solutions to help our customers take advantage of the latest operating models and emerging technologies. I am also delighted to officially welcome Phil Searle onto QX Global Group’s Board as Chief Transformation Officer.” Chazey brings to the QX Global Group management consulting and advisory services with a global reach. Founded in 2006, Chazey Partners has demonstrated consistent and significant growth, with global representation in the United States, Canada, Mexico, Brazil, Costa Rica, Colombia, Ireland, Turkey, and India. Chazey’s consultants provide advice, support, and implementation expertise, covering strategy setting, business case production, program management, process optimization, technology enablement, training, and change management. “ Since founding the company, we have significantly expanded and evolved Chazey’s solutions to help numerous businesses and public sector organizations achieve operational excellence by transforming their business operations,’’ said Phil Searle, CEO and Founder of Chazey Partners. ‘’With QX, we have found a shared passion for empowering our clients to achieve world-class performance. By joining forces with QX, we will augment our near-shoring and offshoring capabilities by opening new Centers of Excellence (COEs) in India and Latin America. This is an exciting new chapter for Chazey Partners, our employees, and our customers.” The partnership of both trusted brands comes at a time when enterprises across the globe are adjusting to the post-pandemic world. In this environment, Chazey Partners is at the forefront of offering needed transformation solutions, helping enterprises optimize business operations and adopt the latest technologies for sustained growth. The QX-Chazey partnership will enable all clients to achieve a faster return on investment and add more value to their customers and employees. Barbara Hodge, Global Digital Editor at the Shared Services & Outsourcing Network (SSON), said, “This marks an exciting and timely development in the shared services and outsourcing space. SSON has collaborated with Chazey Partners for many years, and I am pleased to see such a highly respected group in the field of business transformation push forwards in extending its services to provide enterprise customers with the more holistic solutions they need right now. Adding Chazey Partners’ transformation capabilities to QX Global Groups’ BPO services, drives an end-to-end solution that connects consulting, digital and business process outsourcing. This aligns perfectly with the move to integrated business services, digitalization – driven by intelligent automation – and data analytics, that we are seeing across the shared services landscape. It’s also consistent with service providers moving to a ‘one-stop-shop’ solution for business transformation and digital needs. I am delighted at this news and look forward to engaging with the new partnership.” For QX Global Group: Corbett Keeling, London, and J. Sloan & Co, Dallas, Texas, provided corporate finance and transaction advice for QX Global Group; BDO LLP provided Due Diligence support across all entity geographies; legal support was provided by Munsch Hardt Kopf & Harr, P.C. For Chazey Partners: Sett & Lucas acted as transaction advisor, and Jackson Walker LLP provided legal support. About QX Global Group QX Global Group is a leading provider of business process management services. With over 17 years of accounting and recruitment process outsourcing experience, we help our clients unlock business value by improving process efficiencies and automation in the accounting and recruitment functions to enable business transformation. We have offices in the UK, USA, Canada, Australia, and India. About Chazey Partners Chazey Partners is a practitioner-led, global management consulting and advisory services firm. We bring real-life, practical, hands-on experience, empowering clients to strive for world-class performance, through Business Transformation, Shared Services, and Intelligent Automation. We help businesses and public sector organizations achieve operational excellence in the provision of mission-critical business services, including Finance, Human Resources, IT, Procurement, Contact Centers, Marketing, and Facilities Management. For over sixteen years, Chazey Partners has helped clients implement successful service delivery solutions; in the US & Canada, Latin America, Europe, the Middle East, Africa, Oceania, and Asia. Contact Details QX Global Group Vishal Kurani +44 20 8146 0808 vishal.kurani@qxglobalgroup.com Chazey Partners Leigh Knowles +1 855-692-6229 LeighKnowles@chazeypartners.com Company Website https://qxglobalgroup.com/

February 14, 2022 09:55 AM Eastern Standard Time

1 ... 6263646566 ... 87