Real Estate

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

GENERATION INCOME PROPERTIES APPOINTS ALLISON DAVIES AS CHIEF FINANCIAL OFFICER

Generation Income Properties

Generation Income Properties (NASDAQ: GIPR), a real estate investment company that acquires and owns single-tenant retail, office, and industrial net-leased properties, announced today that it has appointed Allison Davies as its Chief Financial Officer effective February 28, 2022. Ms. Davies joins GIPR from Regency Centers (NASDAQ: REG), where she spent the last fifteen years positioning herself as a strong organizational leader with expertise in accounting and corporate finance in the public REIT space. In her most recent role with Regency, she led a team of approximately 65 employees and worked closely with the capital markets, underwriting, and acquisitions/dispositions teams. As CFO for GIPR, Ms. Davies will lead the accounting, corporate finance, and capital markets functions. She will work in concert with GIPR’s executive management team and Board of Directors to establish GIPR as a best-in-class real estate investment trust (REIT). David Sobelman, GIPR's President and CEO, commented, "We are thrilled to welcome Allison to the GIPR team! In addition to her technical expertise within REIT accounting, Allison embodies our core company values. Regency Centers has the reputation of having an exceptional REIT accounting and finance team, as well as an inclusive corporate culture, and we are eager to have her contributions help mold the future of GIPR." Prior to Regency Centers, Ms. Davies was with KPMG in its audit group where her clients entailed both real estate and operating companies. She is currently the Treasurer of the North Florida Chapter of the Urban Land Institute (“ULI”) and has previously participated and led ULI’s Women’s Leadership Initiative. Ms. Davies holds a Bachelor of Business Administration and Master of Accountancy degrees from the University of Tennessee and is a Certified Public Accountant (CPA) licensed in the state of Florida. Commenting on her new appointment, Ms. Davies stated, "I will forever cherish the experience and growth opportunities Regency Centers has given me, as well as the many strong relationships I have built over the past 15 years. After meeting the extraordinary GIPR team and Board of Directors and learning what they have already accomplished, I am excited to contribute to GIPR's trajectory." Ms. Davies’ full bio can be found on the Company’s website at www.gipreit.com. About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties located primarily in major United States cities. The Company intends to elect to be taxed as a real estate investment trust. Additional information about Generation Income Properties, Inc. can be found at the Company’s corporate website: www.gipreit.com. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements" that are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact Details Generation Income Properties Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

January 25, 2022 08:30 AM Eastern Standard Time

Chicago Heights Glass Sues Reflection Window & Wall for Patent Infringement of Talon Wall® System

Chicago Heights Glass

Chicago Heights Glass, Inc., a longstanding leader in commercial high-rise façade construction in the Chicago metropolitan area, and related entities recently filed a multi-count, federal patent infringement lawsuit against former employee Joel J. Phelps and Reflection Window & Wall, LLC (RWW), and others. The plaintiffs, including Chicago Heights Glass, Inc., Talon Wall Holdings, LLC, and Entekk Group Ltd., patented a revolutionary exterior aluminum and glass wall construction system for commercial buildings, known as Talon Wall®, which greatly reduces the labor, material, and installation costs for curtain wall systems on high-rise buildings. They are marketing and installing it nationwide. The Talon Wall system is stronger, less expensive, and easier to install than traditional façade systems. According to the lawsuit, Phelps and RWW have created and have installed a knock-off building façade called “Uwall or “U-8000” that incorporates the patented Talon Wall system. The lawsuit further alleges that the defendants knowingly violated the Talon Wall patents. Contracts to construct exterior façade walls for commercial medium and high-rise structures are frequently worth $5-50 million. The lawsuit seeks damages and asks the court to enjoin the defendants from using the patented Talon Wall System. According to the lawsuit, additional contracts to use the knock-off system have been proposed by the defendants for planned high-rise buildings in Chicago and elsewhere. For many years, high-rise buildings have been enclosed in aluminum and glass facades using systems developed decades ago. Chicago Heights Glass Inc. President Kurt LeVan invented the Talon Wall system, which differs significantly from traditional methods by attaching prefabricated glass and aluminum panels to the building floor slabs in a unique fashion. Installing prefabricated aluminum and glass panels this way makes them stronger, easier to fabricate, and easier to install by much smaller work crews. The Talon Wall system is therefore superior to and dramatically less expensive than traditional methods, and the Talon Wall system has become the preferred standard for many high-rise construction projects. The lawsuit alleges that former Chicago Heights employee Phelps left the company abruptly in June of 2020. According to the lawsuit, he had substantial knowledge regarding the technical details, advantages, and market opportunities for the Talon Wall system. The lawsuit also states that Phelps was obligated to return certain materials to Chicago Heights but failed to do so. The lawsuit adds that armed with the confidential information about the Talon Wall system, Phelps was promptly hired by RWW, a direct competitor. The lawsuit further alleges that: “With full awareness that the Talon Wall System was a patented and superior product to anything being offered by RWW, Phelps both individually and in his capacity as an executive officer of RWW, along with RWW, created knock-off systems.” The lawsuit also names as defendants several construction companies and building owners, including: Pepper Construction Co., Provident Group UIC Surgery Center, LLC, LendLease (US) Construction Inc., 1400 Land Holdings, LLC, and others. According to the complaint, the UI Outpatient Surgery Center located at 1009 South Wood Street in Chicago was built with the knock-off system, and a new building at 1400 South Wabash is under contract to use the patent-infringing system. LeVan devised and developed the Talon Wall System over a period of years and went through the rigorous U.S. patent process. The company will continue to vigorously defend its intellectual property against such violations, including against contractors and building owners that use it. Chicago Heights Glass, Inc. is a privately owned specialty manufacturer and subcontracting firm located in the southern Chicago suburbs that specializes in commercial construction projects. More information on the company is available at www.chicagoheightsglass.com. The lawsuit can be downloaded here and at www.LawsuitPressRelease.com. Contact Details LawsuitPressRelease.com John P. David +1 888-859-6637 john@lawsuitpressrelease.com

January 24, 2022 08:01 AM Central Standard Time

GENERATION INCOME PROPERTIES ANNOUNCES COMPLETION OF STARBUCKS PROPERTY UPREIT TRANSACTION

Generation Income Properties

Generation Income Properties, Inc. (NASDAQ: GIPR) (“GIP” or the “Company”) announced the acquisition of a 2,600 SF single-tenant retail building in Tampa, Florida for total consideration of approximately $2.2 million. The building is occupied by Starbucks (NASDAQ: SBUX) which holds an investment grade credit rating of BBB+ on the Standard & Poor's scale. The property was placed under contract with 0.5 years remaining on the current lease term and annualized base rental income of approximately $135,000, although the tenant exercised their 5-year lease renewal option during diligence, giving the tenant approximately 5.5 years remaining on the current lease term and a 10% increase in base rental income effective in March 2022. Additionally, Starbucks has communicated to GIP that it may be investing approximately $450,000 in the store for improvements, adding additional credibility to GIP’s overall investment thesis. The Company funded the acquisition with the issuance of approximately $1.1 million of operating partnership units of Generation Income Properties LP (the operating partnership subsidiary of GIP) priced at $10/unit convertible on a 1-to-1 basis to GIPR common stock, and debt of approximately $1.1 million. David Sobelman, CEO of GIP, stated, "I have been involved with this asset since the building was converted to a Starbucks roughly ten years ago. I developed a meaningful relationship with the contributor at the very beginning of my real estate career and fostering relationships is paramount to our corporate culture and success. This transaction and the other recently announced assets that we are pursuing are testament that our core company values lead to benefiting all stakeholders. We are honored that the contributor sees long-term value in GIP by contributing an asset to our growing company." The UPREIT structure generally allows current owners of a property to defer paying income taxes on the transfer of property to an operating partnership owned by a REIT, while providing the option to convert ownership in the partnership into shares of the REIT. About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties located primarily in major United States cities. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements," including with respect to the Company's recent public offering. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. Contact Details Generation Income Properties Investor Relations +1 813-448-1234 ir@gipreit.com Company Website https://www.gipreit.com

January 19, 2022 08:30 AM Eastern Standard Time

FeganScott Announces Investigation into Equity LifeStyle Properties for Widespread, Chronic Neglect of Mobile Home Properties across U.S.

FeganScott

Today consumer-rights law firm FeganScott announced it is broadening its investigation of Equity LifeStyle Properties (ELS) (NYSE:ELS) to include other mobile home properties owned and operated by ELS across 33 states. FeganScott filed a class-action lawsuit earlier this month in the Southern District of Florida, alleging that ELS and the operator of the Heritage Plantation mobile home park in Vero Beach, a subsidiary of ELS, have failed to maintain the park’s stormwater drainage system, leaving residents to deal with frequent flooding, mud, slip and fall injuries, and damaged mobile homes and cars, in dereliction of their duties as mobile home park operators and owners. “Since we filed our complaint on behalf of the residents in Vero Beach, we’ve learned that this might not be an issue limited to this one property but could be a systemic issue with ELS properties across the state of Florida and in other states as well,” said Elizabeth Fegan, founding partner and managing member of FeganScott and lead attorney representing the residents. In the Florida lawsuit, homeowners claim they have had to pay to replace flooring that is persistently damaged by the three-feet high floodwaters that occur after normal rainfall. In addition to the stress of frequent household damages, residents risk injuries caused by muddy accumulations and face health risks caused by mold growth caused by the flood waters. “Heritage Plantation, like many of ELS’ properties, is an age-qualified community, meaning its residents are over the age of 55. Many of those residents are on a fixed incomes and because mobile homes cannot easily be moved, cannot relocate to another mobile home park and so are trapped by ELS’s neglect,” Fegan added. “As we noted in our complaint, we contend that ELS has made the decision to forego necessary infrastructure investments in efforts to increase profits at the expense of residents’ safety and wellbeing and believe this extends to other ELS properties.” FeganScott urges residents and homeowners who live in properties managed by ELS to learn more about their rights by contacting the firm at heritage@feganscott.com. ### About FeganScott FeganScott is a national class action law firm dedicated to helping victims of consumer fraud, sexual abuse, and discrimination. The firm is championed by acclaimed veteran, class action attorneys who have successfully recovered $1 billion for victims nationwide. FeganScott is committed to pursuing successful outcomes with integrity and excellence while holding the responsible parties accountable. Media Only: Mark Firmani feganscottpr@firmani.com 206.466.2700 Case: 8:20-cv-01584 About FeganScott FeganScott is a national class action law firm dedicated to helping victims of civil rights violations, sexual abuse, sexual harassment, and consumer fraud. The firm is championed by acclaimed veteran, class action attorneys who have successfully recovered $1 billion for victims nationwide. FeganScott is committed to pursuing successful outcomes with integrity and excellence while holding the responsible parties accountable. Contact Details Mark Firmani +1 206-466-2700 feganscottpr@firmani.com Company Website https://feganscott.com

January 17, 2022 09:35 AM Pacific Standard Time

Fermata Energy Raises $40M in Recent Fundraising Round, Led by Carlyle

Fermata Energy

Fermata Energy, a leading vehicle-to-everything (V2X) technology services provider, announced today it has raised $40 million in investments to accelerate the company’s growth. "When I set out to create a company that accelerated the adoption of EVs by making them more affordable, while at the same time fortifying the electric grid, I did not imagine how quickly this technology would take off, and how important our technology would prove to be, particularly in light of climate change," said founder and CEO, David Slutzky, "I could not be more pleased by the recent round of fundraising and projects we now have in operation. Each partner brings unique, strategic benefits, and we are thrilled to leverage those in the coming months.” V2X technology enables electric vehicle (EV) integration with the continued growth in renewable energy into the electric power grid. Fermata Energy’s V2X technology provides essential energy storage to the power grid to facilitate the transition to renewables and provides revenue generation capabilities for vehicle and fleet owners. To transition to a clean energy economy, abundant energy storage must be deployed quickly and at scale. Investment from our new partners, including funds managed by global investment firm Carlyle (NASDAQ: CG) and Verizon Ventures, will allow Fermata Energy's next-generation bidirectional EV charger and accompanying proprietary software to be ready to dispatch power from stored energy in EV batteries directly back into the grid, building, or home. This functionality turns EVs into energy storage resources, and in the process, unlocks and monetizes the massive energy storage potential of EVs. “Bidirectional charging technology will become essential as electric vehicles increasingly become a key component to global decarbonization,” said J.B. Oldenburg, a Managing Director specializing in renewables investing at Carlyle. “We are proud to partner with Fermata Energy to accelerate the deployment of its bidirectional offering and believe Carlyle’s broad network and expertise in business development will help jumpstart the company’s growth.” In July 2021, as part of their participation in the 5G Studio, a collaboration between Verizon and Newlab, Fermata Energy's V2X energy management software successfully leveraged Verizon's 5G Ultra Wideband network to react to changes in the grid based on near real-time data and with near-zero latency. Through this partnership, Fermata Energy was connected to Verizon Ventures, the corporate strategic investment arm of Verizon that finds and funds the 5G future. "Distributed energy use and storage continue to grow in importance, in part due to the fast-growing EV space,” said Kristina Serafim, Managing Director of Verizon Ventures. "Both 5G and mobile edge compute are integral to the future of managing and tracking distributed clean energy, so Verizon Ventures is excited to support Fermata Energy's incredible team and mission as they help accelerate the adoption of EVs and help to transform renewable energy on the grid." Fermata Energy’s existing investors include Skyview Ventures, I Squared Capital, and ClearSky. "Our partnership with, and investment in, Fermata Energy demonstrates our commitment to being a leader in mobility and vehicle-to-everything technology,” said Andy Karetsky, President, Skyview Ventures. “We look forward to working together to implement a network of vehicle-to-grid charging stations while optimizing grid functionality.” "Fermata Energy's V2X technology has proven to save building owners money and add resilience to the grid," said Alex Weiss, Managing Partner at ClearSky "We are excited to be a part of Fermata Energy's growth at such a critical time for electric vehicles and charging infrastructure." "I Squared Capital has deep expertise in this area, and a robust venture program to help innovative companies, like Fermata Energy, scale at such a critical time in the market," said Peter L. Corsell, InfraTech Fund Partner. "We are committed to accelerating demand for V2X technology as the model for EV adoption." ABOUT FERMATA ENERGY Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us onTwitter (@FermataEnergy), LinkedIn, Facebook, and Instagram (@fermata__energy). Contact Details North Coast Strategies Daniel Cherrin +1 313-300-0932 dcherrin@northcoaststrategies.com Company Website https://www.fermataenergy.com

January 14, 2022 08:04 AM Eastern Standard Time

Image

CHOC MONARCH ARCHITECT WINS IDA 2021 DESIGN RECOGNITION

Community Housing Opportunities Corporation

Maria Song, AIA LEED AP, has received the honorable mention from the International Design Awards for the design of The Monarch Apartment Homes, a 60-unit affordable housing community currently under development by the Community Housing Opportunities Corporation (CHOC ). The award underscores the critical nature design plays in the development and creation of affordable housing. The first affordable housing complex to break ground in the area in over a decade, completion is slated for January, 2023. “Interactive Design is honored and humbled to be a part of this team – client, agencies, investors, designers, engineers, and contractors – which has been recognized by the International Design Awards,” said Song, a principal with Palm Springs-based Interactive Design Corporation. “We’re hopeful this honor continues to bring attention to the need for housing at all economic and social levels. Well-designed and affordable housing is essential for emotional and physical health. Every person deserves housing that is stable, beautiful, and livable.” Awards are chosen from thousands of entries that came from more than 80 countries around the world. IDA seeks out truly visionary designers who showcase creativity and innovation. “We saw a large number of designers reflecting on the current state of the world including the pandemic, social distancing, sustainability, climate change, and circular economies all of which were clearly evident,” said Jill Grinda, Vice President, Marketing and Business Development for the IDA. “The jury had an enormous task in selecting the winners from some truly outstanding design submissions. The IDA has always been about seeking out truly visionary designers showcasing creativity and innovation.” This complex, which broke ground last October, is located on a 3.62-acre vacant parcel of land at the Southeast corner of N. Indian Canyon and San Rafael Drive in the Upper Westside One Palm Springs Neighborhood. In partnership with the city, the rental apartments consist of one-, two- and three-bedroom units. All units will have balconies or patios with a community building for a computer classroom, a rental office, and a community lounge that can be used for group functions. Amenities include a Monarch splash pad adjacent to a children’s play area, as well as two BBQ areas. “Once we broke ground on the Monarch Apartment Homes, we knew this development marked a significant opportunity to help change lives in the community,” said CHOC Southern California Regional Director Joy Silver, who was elated to hear about the recognition by this global design authority. “IDC has proven that affordable housing design is a key factor in community economic and regional integration, and serves to purge the dated notions of those who cling to the Not In My Backyard (NIMBY) philosophy. My sincere congratulations to Maria Song. I’m proud to be a part of this monumental effort of beauty and innovative community development. It will impact families now and generations to come.” About The Community Housing Opportunities Corporation (CHOC) Founded in 1984, the Community Housing Opportunities Corporation (CHOC) is a non-profit, affordable housing developer based in Fairfield, California with offices in Palm Springs, creates and manages equitable communities for individuals, families, seniors, and those with special needs. CHOC believes that economically integrated affordable housing is key to self-sufficiency and is achievable with enriching, supportive programs that give pride to residents, stabilize families, and improve local economies. Visit www.chochousing.org to learn more. About The International Design Awards The International Design Awards (IDA) exists to recognize, celebrate and promote exceptional design visionaries and discover emerging talent in Architecture, Interior, Product, Graphic and Fashion Design worldwide. The Farmani Group founded the IDA as the design sibling of the Annual Lucie Awards for Photography, which has emerged as one of the world’s most prestigious photography awards. Visit https://www.idesignawards.com to learn more. About the Interactive Design Corporation Based in Palm Springs, California, the Interactive Design Corporation (IDC) provides planning and architectural services to create environments allowing people equitable access to reach their potential and give back to society. IDC’s mission is to create sustainable, healthy housing and communities for families, seniors, and special-need people who are vulnerable and underserved. Visit https://interactivedesigncorp.com/ to learn more. Contact Details The Hoyt Organization Alyson Campbell +1 310-373-0103 acampbell@hoytorg.com Company Website https://www.chochousing.org/

January 13, 2022 08:35 AM Pacific Standard Time

Image

Digger Specialties Inc., DSI Columns® Provide an Exclusive Look That Enhances a Home’s Curb Appeal

Digger Specialties, Inc

Digger Specialties Inc. (DSI), a leading manufacturer of building materials offers an in-depth selection of beautiful, durable, and functional columns that provide a distinctive look to the porch, front entry, or exterior of residential homes or commercial properties. DSI Columns ® offer quality craftsmanship, impeccable design, and integrated architectural elements to deliver an elegant, low-maintenance, and long-lasting column. Available in aluminum, composite, and fiberglass materials, a variety of aesthetic designs can be selected including round, raised and recessed panels, and square and fluted columns depending on the material selected. Aluminum columns are available in 12 standard colors. These structural and non-structural columns from DSI provide numerous options for homeowners and builders. One of the major benefits of DSI Columns is that they offer dramatic labor savings compared to site built columns. Each of the column products are designed for ease of installation. Larry G. Boyts, VP of Sales and Marketing for Digger Specialties, Inc., stated “DSI Columns offer significant aesthetic and installation benefits unmatched in the marketplace. The comprehensive group of materials styles and designs are offered to provide a wide array of solutions to the property owner and builder.” DSI Columns come with a lifetime limited warranty from DSI, a leading manufacturer of building products. For more information visit http://dsicolumns.com/ ### DSI is an industry leading manufacturer of aluminum and vinyl railing, aluminum and vinyl fencing, gates, composite, aluminum, and fiberglass architectural columns and oustdoor lighting. For information about DSI’s entire group of products visit diggerspecialties.com Contact Details Chris Beyer +1 704-438-7998 cbeyer@dsiwestbury.com

January 13, 2022 07:00 AM Eastern Standard Time

Image

Volatus Aerospace accelerates its Public Safety Initiative with the addition of advanced UAV Mobile Command Units

Volatus Aerospace Corp.

Volatus Aerospace Corp. (TSXV: VOL) (“Volatus”) is pleased to announce that it has partnered with Illinois-based DRAXXON to market and sell fully integrated mobile command centers configured to support drone operations in a public safety environment. Demonstrations of these Mobile Command Centers and various public safety drones will provide an opportunity for first responders to evaluate customized solutions to meet their tactical requirements. The Mobile Command Center enhances Volatus’ integrated solutions for public safety agencies. “The public safety market is rapidly adopting the use of tactical drones and the application of Drones as First Responder. We are committed to being a leading provider of turnkey solutions in this sector,” said Glen Lynch, Volatus CEO. “Mobile Command Centers provide all the components of a rapid response unit including drone communications, flight operations, and live data feeds. DRAXXON is a leading manufacturer of high-quality, specialized vehicles designed for multi-mission capabilities. Innovation and quality make them a perfect partner for our public safety initiative.” DRAXXON CEO Brock Wilkerson remarked, “Partnering with Volatus and integrating their various drones, mission control systems, and intelligence offerings with our high quality, specialized vehicle solutions, results in powerful resources for first responders.” According to Markets&Markets in their 2021 report ‘Unmanned Aerial Vehicle (UAV) Market,’ the global government and law enforcement market is forecast at US$5.72B by 2026 growing at a CAGR of 17.1%. The public safety market is a targeted growth sector for Volatus. “Delivery of the first vehicle is scheduled for January 25 th and our North American roadshow will begin in March," said Dean Attridge, VP of Solutions Engineering. "We will be showcasing our fully integrated solution at the International Security Conference & Exhibition (ISC) West tradeshow.” About Volatus Aerospace: Volatus Aerospace is a leading provider of integrated drone solutions. Operating a vast pilot network with offices throughout Canada, the United States, and South America, Volatus provides enterprise and industrial solutions including training, equipment sales & support, imaging & inspection services, drone cargo solutions, design & manufacture, and research & development. With a rapidly expanding network of strategic partnerships and acquisitions, Volatus is driving the full potential of UAV technologies around the world and shaping the industry of tomorrow. Forward-Looking Statement: 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. Contact Details Volatus Aerospace Corp. Rob Walker +1 514-447-7986 rob.walker@volatusaerospace.com Company Website https://volatusaerospace.com

January 12, 2022 07:00 PM Eastern Standard Time

Image

The Spring District Achieves LEED Certification for Neighborhood Development

Wright Runstad

Wright Runstad & Company (“Wright Runstad”) and Shorenstein Properties, LLC (“Shorenstein”) today announced that The Spring District has been awarded ‘LEED for Neighborhood Development’ (LEED-ND) certification for mixed-use development. The LEED-ND designation looks beyond the scale of buildings to consider entire communities and is a set of performance standards engineered to inspire and help create more sustainable, well-connected neighborhoods. “We have maintained a focus on sustainability and environmental stewardship throughout the development of The Spring District,” said Greg Johnson, CEO of Wright Runstad. “Our goal since the beginning was to create a vibrant, connected community where sustainability is a central pillar, and where residents can work, live and play in the heart of the East Side, while enjoying walkable streets, open spaces and independent shops. Achieving LEED certification is a significant milestone in delivering on this vision.” Located just east of downtown Bellevue, Washington, The Spring District was designed at a pedestrian scale, and the following features were central to achieving LEED-ND certification: Access to transit: The Spring District neighborhood is centered around Sound Transit’s new Eastlink Spring District / 120 th station, which will provide high quality and rapid transit connections to downtown Seattle, Bellevue and Redmond in 2023. Additionally, a bus rapid transit stop is a short quarter-mile walk from the site. Connectivity to the region was a key sustainable principle considered during the original design process. Walking and biking: Internal tree-lined roadways were limited to two lanes to enhance and promote the pedestrian and bicycle experience. A multi-purpose path and cycle track provide a protected bicycle connection to Eastrail, a 42-mile-long trail connecting Renton, Bellevue, Redmond and Woodinville. Additionally, a regional bike facility with bike storage, showers and locker room was constructed adjacent the light rail station to provide a hub for cyclists commuting to The Spring District and for those continuing further via light rail. Water control and native habitat: The previous industrial land use had little to no native vegetation or public open space. To date, over four acres of open spaces – with native plants and trees – have been constructed, planted and opened for public enjoyment. In addition, all surface water rain run-off is treated using bioretention cells before leaving the site to preserve and enhance the adjacent wetlands and waterways. Parking: To minimize the environmental impact associated with parking structures – including traffic congestion, carbon emissions and material consumption – The Spring District received both occupant and city support to build parking at a lower ratio than the city requires in its standard code language. This strategy will encourage the use of alternative and more sustainable forms of transportation to and from the neighborhood. In addition to this LEED-ND certification, all future projects at The Spring District will be designed with a sustainability objective. To date, The Spring District has delivered over 800,000 square feet of LEED certified buildings, with an additional 650,000 square feet of LEED Silver-targeted projects currently under construction and another 530,000 square feet currently under design and permitting review. “From initial design to completion, The Spring District is an incredible example of how sustainable mixed-use communities can attract residents, shoppers and businesses alike,” continued Mr. Johnson. “A vibrant, thriving community with over 800 residential units, millions of square feet of office and tens of thousands of square feet of retail now flourishes where there used to be only an industrial use site.” With room to grow, The Spring District will continue to expand as a preeminent sustainable community in the Puget Sound region. More information about The Spring District can be found at www.thespringdistrict.com. About Wright Runstad & Company: Seattle-based Wright Runstad & Company develops, acquires, manages and leases high-quality commercial office and mixed-use buildings located primarily in the Pacific Northwest. The company is in its fifth decade as one of the region's premier real estate development and operating companies, delivering outstanding property performance and superior investment returns. Wright Runstad & Company maintains an exceptional reputation among tenants and institutional investors for its demonstrated commitment to integrity and high levels of quality and service. For additional information visit www.wrightrunstad.com. About Shorenstein Properties: Founded in 1960, Shorenstein Properties LLC is a privately-owned, real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million. The firm uses its integrated investment and operating capabilities to take advantage of opportunities that, at the particular time in the investment cycle, offer the most attractive returns. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. More information is available at www.shorenstein.com. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://liverainiersquare.com/

January 12, 2022 09:00 AM Pacific Standard Time

1 ... 62 63 64 65 66 ... 85