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Caliber Forms Strategic Partnership with Guaranty Bank & Trust

Caliber Co.

Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, announced today that it has formed a partnership with Guaranty Bancshares, Inc., (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., “GB&T” in an effort to drive additional investment that should enhance communities across the U.S. through real estate developments. Consistent with the goals of the Community Reinvestment Act (CRA), Guaranty and Caliber will provide increased affordable housing opportunities by investing in low and moderate income (LMI) neighborhoods. Guaranty is supplying Caliber with capital that Caliber will invest alongside its Caliber Tax-Advantaged Opportunity Zone Fund, LP – combining the Opportunity Zone tax incentive with community reinvestment. “This is a transformative time in Caliber’s history,” stated John Hartman, Chief Investment Officer of Caliber. “As we expand our investment platform across private and public markets, we anticipate that our partnership with Guaranty will continue to evolve and grow in tandem with our initiatives to develop wealth for our investors and the communities we invest in.” The capital structure consists of $50 million of total funds to deploy into qualified real estate developments. Caliber will manage the funds as a sidecar to its existing U.S.-based fund platform while focusing its efforts on Texas based markets, such as Austin, Bryan/College Station and Dallas, along with Guaranty. Further, Caliber will be tasked with sourcing appropriate developments, acquiring, and managing those developments, as well as reporting its progress to Guaranty. Ty Abston, CEO of Guaranty stated, “We are proud to be partnering with Caliber to provide an attractive capital source that will fund Caliber’s initiatives to revitalize low and moderate income communities within the Austin, Bryan/College Station and Dallas markets through their dedicated opportunity zone funds and other real estate centric funds.” ABOUT CALIBER Caliber – the Wealth Development Company – is a middle-market alternative asset manager and fund sponsor with approximately $500 million in assets under management. The Company sponsors private funds, private syndications, as well as externally-managed real estate investment trusts (REITs). It conducts substantially all business through CaliberCos, Inc., a vertically integrated series of businesses that are strengthened by more than 70 professionals with decades of experience in commercial real estate, capital markets, alternative investments as well as mergers and acquisitions. The Company strives to build wealth for its investors by offering a diverse host of investment solutions that fit its investors’ optimal balance of risk-adjusted returns and attractive investment performance. Caliber primarily focuses on middle-market growth areas, such as Arizona, Colorado, Nevada, Texas, Utah, Idaho and Alaska. The Company assesses other markets that have similar supply and demand fundamentals with emerging population and job growth. Caliber delivers a full suite of alternative investments to a $4 trillion market that includes high net worth, accredited and qualified investors, as well as family offices and smaller institutions. This strategy allows the Company to opportunistically compete in an evolving middle-market arena for alternative investments that range between $5 million and $50 million on a per-project basis. Additional information can be found at www.CaliberCo.com and www.CaliberFunds.co. ABOUT GUARANTY BANCSHARES, INC. and GUARANTY BANK & TRUST Guaranty Bancshares, Inc. is a bank holding company that conducts commercial banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. As one of the oldest regional community banks in Texas, Guaranty Bank & Trust provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management services. Guaranty Bank & Trust has 31 banking locations across 24 Texas communities located within the East Texas, Dallas/Fort Worth, greater Houston and Central Texas regions of the state. As of June 30, 2021, Guaranty Bancshares, Inc. had total assets of $2.93 billion, total loans of $1.89 billion and total deposits of $2.53 billion. Visit gnty.com for more information. Contact Details Caliber Companies Victoria Rotondo | Caliber +1 480-295-7600 victoria.rotondo@caliberco.com Caliber Companies Mary Jensen | Investor & Public Relations +1 310-526-1707 mary.jensen@caliberco.com Caliber Companies Susan Assadi | Media Relations +1 480-510-4881 susan.assadi@caliberco.com Company Website https://www.caliberco.com/

September 07, 2021 10:04 AM Eastern Daylight Time

Advisors Mortgage Group Makes INC. 5000’s List of Fastest Growing Private Companies

Advisors Mortgage Group

INC.’s annual guide to the 5,000 fastest growing privately owned companies has been released and Advisors Mortgage Group has made the list for the 10th year since 2009. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. The mortgage company based in Ocean Township, NJ has grown 236% over the past three years which is impressive given these challenging times. “We are honored to be a part of this prestigious list. Our team of dedicated professionals continues to offer our clients unparalleled customer service resulting in customer loyalty and growth,” commented Sean Clark, Vice President of Advisors Mortgage Group. “Top industry talent have joined the Advisors family in several different departments bringing years of experience and their unique expertise to the table. Our technology has also reached another level with the implementation of automation and the development of an app which will be beneficial to both customers and employees as well as our realtor partners to communicate with each other during the home loan process,” explains Clark. With branches in 31 states across the country, Advisors Mortgage Group continues to expand with new offices opening throughout the year. The mortgage company has sustained continuous growth over the past 10 years with expansion down to Florida, up to Vermont and out west to Indiana. According to metrics provided by Marketrac®, Advisors is now the largest purchase lender on the Jersey Shore. Their mission statement is: We Take Care of our Family, Who Take Care of our Customers, Which Allows Us to Give Back to the Community. This family centric approach to the workplace not only makes this a great place to work, but also opens the lines of communication which increases workflow efficiency. This philosophy has also resulted in the company being named one of the Best Places to Work in New Jersey by NJBIZ for the 9th year in a row. If you are interested in joining the Advisors’ Family, please visit their website at https://advisorsmortgage.com/career-in-mortgage/ and apply online. About Advisors Mortgage Group Advisors Mortgage Group is a multi-state mortgage banker with more than thirty branch locations across the country. Focusing on residential lending, Advisors prides itself on maintaining a local and personal feel to help each and every customer feel the comfort and protection that their home financing needs are in the right hands. Advisors has been on the Best Places to Work in NJ list for the past nine years, making sure that all employees feel like Family, while also maintaining the customer service standards that the company was built on. The mission statement at Advisors is that we take care of our Family, who help us take care of our Customers, which allows us to give back to our Community. Contact Details Sean Clark +1 800-778-9044 Advisors@AdvisorsMortgage.com Company Website https://advisorsmortgage.com/

September 02, 2021 03:16 PM Eastern Daylight Time

PCMA Announces the Launch of the Industries First Private Client Partner Program for Specialty Financial Service Providers

PCMA

PCMA, the pioneer and category leader in Non-Bank Private Client Lending today announced the launch of the PartnerUP™; an industry first creating strategically aligned relationships that will help specialty financial service providers extend the value of their services, protect assets under management, elevate the expertise of their practice, and further align with the complex needs of their accomplished clientele. “Leverage is a major part of estate and financial planning for high-capacity estates. We understand this symbiotic relationship very well and we further understand the difficulty of finding a referral partner that not only can be trusted, but capable of understanding the complexities and nuances of our partners high net worth clientele,” said John Royce Lynch, CEO and Founder. “The needs of the most accomplished amongst us cannot be satisfied by generalist banking and mortgage service operations.” PartnerUP™ extends the value-added services of category specialists that cater exclusively to high net worth, and ultra-high net worth estates. PCMA has curated the most comprehensive portfolio of private client residential and commercial credit programs to help support varied industry practitioners such as: Wealth Advisors: PCMA will help keep investment strategies intact by offering a confidential and seamless referral to a certified private client lending expert and direct access to bespoke mortgage solutions, while protecting your assets under management. Property Advisors: Whether your clients are looking to purchase a primary residence, vacation home or add to their real estate investment portfolio, a partnership with PCMA will increase your value of services, keep you agile in the market and responsive to your private clients’ home financing needs. Estate Advisors: High-capacity estates rely on a team of skilled advisors to navigate the complexities of wealth. We’d like to help you further enhance your practice capabilities and client relationships. It is this client first mandate that has allowed us to become the nation’s top nonbank private client lender. “We understand the value of relationships and are dedicated to making a difference in the lives of financial advisors and their clients. With the launch of our Even Pros Need Pros marketing campaign supporting our PartnerUP™ program, we look forward to working with experts in their area of practice that are dedicated to our common goal of making a difference in the lives of their accomplished clientele,” said John Royce Lynch To learn more about our PartnerUP™ program please visit PCMA.PARTNERS About PCMA PCMA is the nation’s leading Non-Bank Private Client Lender serving the complex credit needs of their High-Net-Worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com Contact Details Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

August 30, 2021 08:00 AM Eastern Daylight Time

Interactive Design Corporation (IDC) Unveils Award-Winning Affordable Housing Design for The Monarch Apartment Homes in Palm Springs

Community Housing Opportunities Corporation

Interactive Design Corporation (IDC), a Palm Springs-based architectural firm known for its focus on creating sustainable projects that address important social values, has unveiled the design for The Monarch Apartment Homes, a 60-unit, affordable housing community located in Palm Springs, CA. Developed by the Community Housing Opportunities Corporation (CHOC), an organization dedicated to the development of economically integrated housing, the design centers on a contemporary mid-century modern architectural style that creates an inviting, welcoming neighborhood for its residences. “Our strategy is to increase the supply of beautifully designed, sustainable homes for low- and moderate-income families that serve the desert community,” emphasizes Joy Silver, regional director of CHOC. “This type of design integrates communities and transforms lives. The Monarch Apartment Homes is a prime example of how our cities can add well-designed, sustainable living environments for their residents.” 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, the property is owned by the City of Palm Springs Successor Redevelopment Agency. In partnership with the City, CHOC will develop the land with rental apartments that offer one-, two- and three-bedroom apartment homes. Since the neighboring properties on the east side of the complex are residential homes, most of which are mid-century in design, the east side buildings will be smaller, one-story, and one-bedroom units to respect the context of the neighborhood. Much of the local mid-century designed homes in the adjacent neighborhoods were influenced by Donald Allen Wexler, an influential architect who practiced in the desert for almost 60 years. Trained under Richard Neutra, Wexler designed banks, schools, and even the Palm Springs airport, but he is known for his home designs, many of which are found throughout the surrounding community. “The design of this complex demonstrates that high design and affordable housing can work hand in hand,” emphasized Maria Song, AIA, LEED AP, partner with IDC, known for its award-winning concepts specifically for affordable housing development. “We’ve incorporated mid-century design elements that weave the interaction of place, people, and community together, thus knitting it into the overall City itself as a thriving neighborhood for the working families who need affordable housing.” The first affordable housing effort in Palm Spring in twelve years, 60 units of affordable housing -- or 15 units to the acre -- is required to be built based on California’s density bonus law. “The Monarch Apartment Homes will provide critically needed affordable housing units for Palm Springs,” said Palm Springs Mayor Christy Holstege. “Just as important as the availability of affordable housing is the fact that the rents at the Monarch Apartments will remain affordable for at least 55 years. This will allow generations of families to establish themselves in the community without having to worry about housing security or paying large portions of their income towards rent. We’re very proud of what the Monarch Apartment Homes will bring to the City of Palm Springs.” Creating a mini neighborhood The design of the $31 million complex includes sloping rooftops that mimic the monarch butterfly. It also includes natural desert plants to blend into the surrounding communities. The property itself is designed with a tree-lined thoroughfare, aptly named Main Street, to create a pedestrian plaza. Designed in 14 separate buildings clustered to create mini neighborhoods, each structure is topped with a sloping roofline mimicking the wings of the Monarch butterfly, which is known as a sign of rebirth. The name of the complex nods to the symbolism. Amenities include a dog park, a Monarch Park splash pad -- which is a water feature with a deck area that is integrated into the main open space adjacent to a children’s play area, and two BBQ areas. “These homes will become the community that our grocery store workers, clerks, caregivers, and more can live in and be proud of their homes,” added Song, who was invited to present this development at this year’s Modernism Week conference. “Creating housing affordability is the foundation to providing a stable, safe place for all of our residents to thrive. The design here proves that it can be done effectively, and residents will be proud to live here.” To encourage a well-rounded living experience, all apartment homes will have patios or balconies with a community building with a computer classroom, a rental office, and a community lounge adjacent to a kitchen that can be used for group functions. A laundry room will also be centrally located in the community building. In the main driveway, parking is conveniently close to collector streets and offers both parallel parking and angled parking. “The design of these homes compliments the surrounding community neighborhoods and offers a beautifully designed, mid-century modern look that blends in with the neighborhood, and even the upper-income enclaves,” adds Song. Sustainability Factors Sustainability was a key consideration in the creation of this property. Sustainability in construction was enhanced by making all of the indoor and outdoor systems electric. In addition, the renewable energy system helps the complex work in unison and presents an opportunity for a solar panel system. The property will have efficient windows and appliances, reflective surfaces, and cool roofs that reflect about 76 percent of the sunray away from the building for added sustainability. Understanding that the desert area sees high temperatures, the complex will be built with a double insulation system including framing with blown insulation and rigid insulation on the outside to help keep the air conditioning zones on the inside. Large roof overhangs also provide adequate shade throughout the property and over all the carports. Based in Palm Springs, Song has seen a 29-degree drop in temperature in asphalt that is shaded, compared to those that are not. With this in mind, the property will also have many trees to create natural shade within the courtyard areas. The buildings are shaped so that the air can easily flow throughout the property, creating a passive cooling system. IDC will submit The Monarch Apartment Homes for a GreenPoint Rated verification. The project is expected to break ground in early 2022. About 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, that creates and manages 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. www.chochousing.org Contact Details Anne Shanahan +1 310-373-0103 ashanahan@hoytorg.com Company Website https://www.chochousing.org/

August 24, 2021 10:30 AM Pacific Daylight Time

Wheeler Real Estate Investment Trust, Inc. Announces Special Meeting of Stockholders to Vote on Amendments to Series A Preferred Stock and Series B Convertible Preferred Stock

Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. (the “Company”) (NASDAQ: WHLR) today announced that it will hold a special meeting of its stockholders on Wednesday, November 3, 2021. Common stockholders of record as of the close of business on Wednesday, September 22, 2021 (the “Record Date”) will be entitled to vote at the special meeting. At the special meeting, the Company’s common stockholders as of the Record Date will be asked to consider and vote on a proposal to amend the terms of the Company’s Series A Preferred Stock (the “Series A Preferred Stock”) and Series B Convertible Preferred Stock (the “Series B Preferred Stock” and, together with the Series A Preferred Stock, the “Preferred Stock”) so that dividends on the Preferred Stock are non-cumulative and will be paid only when, as and if declared by the Company’s Board of Directors. As of June 30, 2021, there was an aggregate of $139,095 and $11,606,191 of accrued but unpaid dividends on the Company’s Series A Preferred Stock and Series B Preferred Stock, respectively. The Company believes that removing the cumulative dividend from the Preferred Stock will further optimize the capital structure of the Company. Additional details regarding the special meeting and the proposed amendments will be included in the Company’s proxy statement when it becomes available. About Wheeler Real Estate Investment Trust, Inc. Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Please visit: www.whlr.us Forward Looking Statements This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors. Additional Information About the Proposed Amendments and Where To Find It In connection with the proposed amendments, the Company expects to file with the SEC a proxy statement, which proxy statement will be mailed or otherwise disseminated to the Company’s stockholders when it becomes available. INVESTORS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. You may obtain a free copy of the proxy statement (if and when it becomes available) and other relevant documents filed by the Company with the SEC at the SEC’s website at www.sec.gov. Copies of the documents filed by the Company will be available free of charge on its website at www.whlr.us, or by directing a written request to our Corporate Secretary Angelica Beltran at Riversedge North, 2529 Virginia Beach Blvd., Suite 200, Virginia Beach, Virginia 23452, Attention: Corporate Secretary, (757) 627-9088. The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed amendments. You can find more information about the Company’s directors and officers in the Company’s definitive proxy statement filed with the SEC on April 28, 2021 in connection with its 2021 annual meeting of stockholders. Additional information regarding the interests of such potential participants will be included in the proxy statement and other relevant documents filed with the SEC if and when they become available. You may obtain free copies of these documents from the Company using the sources indicated above. Contact Details Mary Jensen | Investor Relations +1 757-627-9088 mjensen@whlr.us

August 23, 2021 08:00 AM Eastern Daylight Time

PCMA Announces Continued Nationwide Expansion with the Addition of Idaho to our Lending Footprint

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of Idaho - Company NMLS ID: 237710. The expansion of Private Client Lending into Idaho highlights the extraordinary growth of PCMA and the continued growth in the Idaho luxury housing market. Prior to 2019, homes at a price point at or slightly above $750,000 was considered a luxury purchase, as defined by those in the top 5% of the market in sales value. The amount considered to be a luxury home purchase in Idaho increased to $1MM in 2020 and has trended near $2MM 2021 according to local real estate reports. “Private Clients moving to Idaho for a variety of reasons that include crystal clear lakes, outdoor activities for each season, world class golf courses and much more,” said John R. Lynch, CEO and Founder of PCMA. “We have seen a change in buying patterns of the Private Client community over the past 18 months. At first, they were pleased to be availed financing so they could either downsize or find a second home. As more people started working from and learning from home, Idaho and places like it became an ideal fit, giving them plenty of space [both inside and outside] as well as solid infrastructure to support their remote capabilities along with easy access to national and international travel.” PCMA’s expansion into the Idaho market comes on the heels of both internal and external growth of the company. PCMA continues to experience an unprecedented growth of new loan originations since the start of 2021; the launch of the new PCMA Studios film campaign; and the addition of Ulysee to the Private Client Collective, a modern approach to asset-based lending. “Growth in areas like Idaho, are fueled by Private Clients who are finally being given the lending options [like OMEGA and ZENITH ] that they deserve,” said Lynch. “Our market leading products will be the perfect fit for the Private Client Community, and we are excited to serve the affluent needs of Idahoan’s statewide.” About PCMA: PCMA is the nation’s leading Non-Bank Private Client Lender serving the complex credit needs of their High-Net-Worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at:www.pcma.us.com Contact Details Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

August 23, 2021 08:00 AM Eastern Daylight Time

Cloud Conventions Introduces SafetyNet to Create a Virtual Backup Plan for Live Events

Convey Services

Cloud Conventions today introduced SafetyNet ™, a new program to provide a virtual event backup options for associations, tradeshows, event managers or trade groups that have a live event scheduled now or in the near future. SafetyNet provides a standby virtual event platform that can be activated if needed when attendance for a live event declines or if there is a requirement to pivot to an all-virtual program. A SafetyNet platform can be brought online in a matter of days without technical support or programming. Cloud Conventions is a sophisticated event management platform that redefines the attendee and exhibitor experience with a strong focus on delivering virtual and hybrid events, regardless of size or budget. “It seems like a repeat of 2020 as event managers, associations and other trade groups are struggling to decide if they should cancel their live event, shift to virtual or hybrid, or take other precautions to make attendees and exhibitors feel safe,” said Carolyn Bradfield, CEO of Cloud Conventions. “Any group hosting live events today needs a virtual backup plan that can be activated to ensure attendees and sponsors can participate in industry sessions, continuing education and still make connections that they would miss when they can’t attend in person.” SafetyNet maintains a low-cost Cloud Conventions virtual platform on standby behind a private login until required. It is hosted on a custom URL, is fully branded, customized and organized to host live or on-demand sessions, exhibitor and sponsor booths or provide a resource center for all event-related content. Attendees can be imported from a live event registration system and have their record transferred to SafetyNet including demographics and event access permissions. Sponsors are assigned a virtual booth template and configured to go live without technical assistance, in a matter of hours. “Now that live events have partially returned, many groups ask themselves if virtual events are worth it, so they only focus on their in-person event, often to their detriment,” added Bradfield. “A 2020 study of 1,000 respondents, ‘ Association Trends: From Disruption to Opportunity’ produced by Community Brands, details that having a virtual option for membership participation has changed from a nice-to-have to a must have. Some live events scheduled for the fall of 2021 are being abruptly cancelled due to on-going COVID risks. This is clearly an indicator that the pandemic is far from over. A SafetyNet option is the best insurance that the show will go on, no matter what.” SafetyNet is offered for a low, setup fee to create a fully branded and configured virtual environment. If the organizer chooses to go live with a hybrid or all-virtual event, the setup fee applies to the event package. Show managers can choose as much or as little assistance from Cloud Conventions to bring their event online quickly with all the features needed to educate and engage attendees. Having a virtual option guarantees a rewarding experience for attendees, better ROI for sponsors and ensures smoother event operation for organizers. Explore SafetyNet at: https://cloudconventions.com/page/139455/safetynet. About Cloud Conventions Cloud Conventions from Convey Services is Cloud Conventions is an enterprise virtual/hybrid event management platform that redefines the exhibitor and attendee experience to allow companies to provide easy access to in-depth product information, showcase their brands with graphics and videos, create calls to action and generate immediate sales leads. Used around the world for large managed events and smaller self-directed meetings, conferences and corporate kickoffs, Cloud Conventions automates exhibitors and virtual booths, continuing education, speaker sessions and reminders, invitations and email communication, while at the same time producing detailed analytics on attendee, session and exhibitor activity. Cloud Conventions supports multiple languages and currencies, internal, external and single-sign on registration, and supports all conferencing carriers and platforms. Trade Associations and event managers can explore all of the Cloud Conventions solutions by visiting https://cloudconventions.com or contacting info@cloudconventions.com or call 888-975-1382. Cloud Conventions™, Community™, SafetyNet™, Cloud Kickoffs™, Conduct™, One-Touch Email Share™, Hub & Spoke™, 360° Virtual Exhibit Hall & Lobby Experience™ and ListLock™ are trademarks of Convey Services LLC Contact Details Bruce Ahern +1 770-580-0810 bahern@conveyservices.com Company Website https://cloudconventions.com

August 19, 2021 10:29 AM Eastern Daylight Time

New Legal & General Study on Millennials and Housing Looks at Effects of Covid-19 on Millennial Home Buying Plans

Legal & General

68% of millennials said Covid had some impact on their thinking about where they could live 36% of millennial parents and those already saving for a home want to move to smaller cities/towns Among U.S. millennials living in suburban areas, 27% completely abandoned their home-owning plans due to Covid Even as a second wave of the pandemic threatens to upend the fragile normalcy people were resuming, the Covid-19 pandemic was already having a profound effect on millennials’ attitudes and realities around housing. Today, the second part of a broad new study conducted by Legal & General Group, U.S. Millennials and Home Ownership – A Distant Dream for Most, digs into the effects the Covid-19 pandemic has had on this generation’s attempts to get onto the housing ladder and paints an ongoing picture of the housing difficulties millennials have had and will continue to have in coming months and years. This second segment of the data-rich study, While Delta Portends Further Disruption, Covid Has Already Thwarted Millennials’ Home Buying Plans, takes a deep dive into the effects of the pandemic on specific demographics within the 25- to 40-year-old U.S. millennial population. And the consequences have been formidable: even as of April/May 2021, 12% of millennials across all age groups said that Covid-19 had caused them to abandon their plans of home-ownership completely. Legal & General Group Chief Executive Nigel Wilson commented: “With the Delta variant now on the rise in the U.S., it’s key to understand how and whether the pandemic has put the brakes on millennial home buying. Here we see that housing affordability, already an issue for them in big cities and other desirable areas, became further unattainable to people in their mid to late 30s, many of whom opted to return to their hometowns, in some cases even their parents’ houses. This is a societal problem with significant repercussions: millennials form the largest working cohort, yet many can’t get onto the ladder of home-ownership.” Study Co-Author and Legal & General Corporate Affairs Director John Godfrey notes: “Prices for homes in the U.S. have been rising sharply, while wages, particularly for younger workers, have stagnated. With the awareness that Covid has further stymied home buying plans of a significant portion of millennials, lenders and builders alike should be looking toward solutions that will help this demographic get onto the housing ladder.” Legal & General’s study looks not only at housing affordability, but also at geographic and demographic choices based on age and life stage, and at various drivers shaping millennials’ attitudes and plans, including Covid-19 and its role in their ability—or inability—to purchase a home. Future segments will look in-depth at the wage stagnation and inflation equation; the intergenerational housing gap; home-ownership on U.S. Millennials’ bucket list; student debt and the cost of healthcare; and where Millennials stand on retirement and other savings vehicles. Notes To Editors The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions. About the Study Legal & General undertook proprietary research into the attitudes and changes, as well as geographic shifts, U.S. Millennials are experiencing in relation to home purchases and affordable housing. The U.S. Millennials and Home Ownership research was compiled using original survey data 875 U.S. based Millennials who don’t own a property, then segmented into three distinct age groups and other demographic markers. The survey work was carried out by Legal & General. Fieldwork was undertaken during March and April, 2021. All surveys were carried out online. About Legal & General Group Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in the U.S., Europe, Middle East and Asia. With over $1.4 trillion in total assets under management, Legal & General is the UK’s largest investment manager for corporate pension schemes and a UK market leader in pension risk transfer, life insurance, workplace pensions and retirement income. Contact Details Meir Kahtan Public Relations Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.legalandgeneralgroup.com/

August 19, 2021 10:00 AM Eastern Daylight Time

VTS NAMED TO THE 2021 FORBES CLOUD 100 FOR THE THIRD CONSECUTIVE YEAR

VTS

VTS, the commercial real estate industry’s (CRE) leading leasing, marketing, and asset management platform, today announced it has been named to the 2021 Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. VTS is changing the way that commercial real estate (CRE) does business — disrupting a $15 trillion industry by becoming the modern operating system for CRE— one of the world’s largest and least tech-enabled asset classes, offering solutions for office, retail and industrial owners and driving the industry-wide shift towards using real-time data to make portfolio decisions. “We’re honored to once again be named to the Forbes Cloud 100 at a time when technology has proved to be essential for commercial real estate to navigate the uncertainty the COVID-19 pandemic has presented,” said Nick Romito, CEO of VTS. “Now more than ever, tech has earned its place within CRE, and we’re proud that our products have provided the technology, support, and guidance they’ve needed to weather the storm. A special thank you to our team who have continued to innovate, develop, and deliver. This recognition is a true testament to their hard work and tenacity.” Following what was one of the most challenging years for the CRE industry in recent history, VTS continued to be a valuable resource for its customer base, which includes more than 45,000 commercial real estate professionals including respected industry leaders Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. In June 2020, VTS launched VTS Market & Marketplace, the CRE industry’s first integrated, online marketing platform that enables landlords and their agency teams to market and lease their available spaces remotely for the first time. In October 2020, VTS released VTS Data, the industry’s only pulse on what’s happening in the market today, capturing active tenant demand and projecting future supply fluctuations. In December 2020, VTS launched its free monthly VTS Office Demand Index (VODI), the earliest available indicator of forthcoming office leases and tenant sentiments, locally and nationally, representing up to 99-percent of new demand for office spaces within the core seven markets, including New York City, Los Angeles, Washington D.C., San Francisco, Boston, Chicago, and Seattle. In addition to the numerous, highly-anticipated product launches announced throughout the pandemic to help landlords weather the storm and navigate their portfolios, in March 2021, VTS entered into an agreement to acquire Rise Buildings, a property operations and tenant experience technology company used by top landlords including Blackstone, Hines, and CIM Group. In July 2021, VTS announced that the newly acquired product, now branded as VTS Rise, has become the most adopted tenant experience technology in proptech as VTS customers chose VTS Rise for their portfolios. As of July 1, 2021, over 300 million square feet in 161 cities and over 500 buildings worldwide are managed on VTS Rise. For the sixth straight year, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35-percent), estimated valuation (30-percent), operating metrics (20-percent), and people & culture (15-percent). For market leadership, the Cloud 100 enlists the help of a judging panel of 34 public cloud company CEOs who assist in evaluating and ranking their private company peers. “The companies of the Cloud 100 list represent the best and brightest emerging companies in the cloud sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2021 Cloud 100 honorees and to our 20 Rising Stars up-and-comers poised to join their ranks.” “The private cloud ecosystem continues to see historic rates of digital transformation,” said Byron Deeter, partner at Bessemer Venture Partners. “Private cloud valuations are getting bigger as the market’s appetite for cloud continues to grow. These founders represent the absolute best in cloud computing today, and they appear likely to follow in the footsteps of our esteemed Cloud 100 alumni. Congratulations to these cloud leaders!” "How we work has undergone a paradigm shift and businesses of all shapes and sizes are reimagining the tools that are needed to ensure working from anywhere is a sustainable, long-lasting solution," said Alex Kayyal, Managing Partner, Salesforce Ventures. “The last 18 months have made digital transformation an urgent imperative and the cloud has never been more pivotal in powering our new digital economy. The companies on this list represent the leaders and businesses shaping the future of the cloud ecosystem and we are excited to partner with Bessemer Venture Partners and Forbes to honor these trailblazers of the industry.” The Forbes 2021 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights of the list appear in the September 2021 issue of Forbes magazine. The Cloud 100 and the 20 Rising Stars companies are publicly recognized at this year’s virtual Cloud 100 experience, hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes on August 10th at thecloud100.com. A special thank you to virtual event sponsors Amazon Web Services (AWS), Bank of America, Cooley, FuelxMcKinsey, Goldman Sachs, J.P. Morgan, Morgan Stanley, Nasdaq, Qatalyst Partners, Silicon Valley Bank, and WisdomTree. About VTS VTS is commercial real estate’s leading leasing, marketing, asset management, and tenant experience platform where the industry comes to make deals happen and real-time data comes to life. The VTS Platform captures the largest first-party data source in the industry, which delivers real-time insights that fuel faster, more informed decision making and connections throughout the deal and asset lifecycle. VTS Data, the industry’s only forward-looking market dataset, and VTS Market and Marketplace, the industry’s first integrated online marketing solution, give landlords, brokers, and tenants unparalleled visibility into real-time market information and the direct connectivity to execute deals with greater speed and intelligence at every point in the planning, marketing, leasing, and asset management cycle. VTS Rise is the industry’s most comprehensive tenant experience solution, offering occupiers, building operators, and visitors an immersive, tech-enabled experience. More than 60% of Class A office space in the US and 12B square feet of office, retail, and industrial real estate globally is managed on the VTS platform. VTS’ user base includes over 45,000 CRE professionals including respected industry leaders like Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, Boston Properties, Oxford Properties, JLL, and CBRE. To learn more about VTS, and to see our open roles, visit www.vts.com. Contact Details Elise Szwajkowski +1 212-402-3495 eszwajkowski@marinopr.com Company Website https://www.vts.com/

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