TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of September. The distribution will be payable on October 7, 2024, to unitholders of record as at September 30, 2024.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at June 30, 2024, our portfolio is comprised of 187 properties with an aggregate net leasable area of approximately 33 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Contacts

RioCan
Kim Lee

Vice President, Investor Relations

(416) 646-8326

Provides roofing contractors with online capabilities to gain efficiency in real-time

HERNDON, Va.–(BUSINESS WIRE)–$becn #Ambition2025—Beacon (Nasdaq: BECN) the leading publicly-traded wholesale distributor specializing in roofing, waterproofing and exterior products, announced today that it has launched its industry-leading digital platform, Beacon PRO+®, in Canada.

Beacon PRO+ is a robust, no-cost digital tool that is used by thousands of U.S. roofing contractors to manage their business and sales process anywhere at any time. At the office or on-the-go, customers can find product descriptions and specifications optimized to their area and order templates to help ensure a complete and accurate order.

“I’m thrilled to make Beacon PRO+ available to our Canadian contractors in both English and French. The efficiencies gained will allow them to stand out from competitors with responsiveness and planning,” commented Charles Michaud, Regional Vice President for Canada at Beacon.

“Customers value the investment we have made to bring them features like customized pricing and quotes, order history and templates as well as online bill payment. Now, Canadian contractors can build their businesses faster with the confidence that Beacon PRO+ is on the job 24/7,” explained Jonathan Bennett, Chief Commercial Officer at Beacon.

Since 2017, Beacon has supported customers with digital capabilities to help them grow their businesses. During the three months ended June 30, 2024, digital sales reached approximately 26% of residential sales underscoring contractors growing demand for digital tools. Expanding our digital platforms and penetration is a key element of driving above market growth in our Ambition 2025 plan.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly-traded specialty distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 570 branches throughout all 50 states in the U.S. and 7 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+®, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

Contacts

INVESTOR CONTACT
Binit Sanghvi

VP, Capital Markets & Treasurer

Binit.Sanghvi@becn.com
972-369-8005

MEDIA CONTACT
Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com
571-752-1048

Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of September, 2024 of $0.063333 per trust unit, representing $0.76 per trust unit on an annualized basis, payable on October 15, 2024 to Unitholders of record at the close of business on September 30, 2024.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through places where people thrive.

We are more than a national owner, operator and developer of high-quality commercial and residential real estate. We believe in creating spaces that enhance how our tenants and communities come together to live, work, and connect. This includes our industry leadership in integrating environmental, social and economic sustainability practices into all aspects of our business. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedarplus.ca.

Contacts

For further information:
Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

Top-performing teams continue to join Real’s technology-powered platform

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced it continued to add top teams throughout North America in August. The company’s agent count now stands at more than 21,000.

“Real continues to attract high-performing teams and independent brokerages who are looking for a brokerage partner dedicated to serving them and their evolving needs,” said Sharran Srivatsaa, President of Real. “The agents joining in August bring a wide range of experience serving clients throughout the U.S. and Canada, and we are thrilled to welcome them to Real.”

The following are some of the teams joining Real during the month of August:

• Story House Real Estate, led by Sasha Tripp. Consistently ranked as one of the best brokerages in Charlottesville, Va., the boutique firm brings six agents to Real. Since its founding in 2018, Story House has distinguished itself by giving back to the community through volunteer hours, local sponsorships and a donation on behalf of each closed client to a charity of their choice. The brokerage completed home sales totaling $120 million in 2023 and joins as part of Real’s Private Label program, designed for brokerages looking to maintain the brand they’ve built.
• Wendy Rodriguez Real Estate Team, led by Wendy Rodriguez. The six-agent team is based in Bay Shore, N.Y. and serves Long Island’s South Shore. Founded in 2020, the team closed home sales totaling $50 million in 2023.
• Capital and Coast, led by Pam Saxman. The team’s 11 agents serve the Raleigh area to the North Carolina Coast. Since 2022, Capital and Coast has closed home sales valued at more than $90 million, including $50 million in 2023.
• More Estates, led by Zack Sperow and Jacque Gaitan. The three-agent team serves California’s Napa Valley, Solano and Sonoma counties. Sperow was named a Rising Star during his first year as an agent. Since 2017 the independent brokerage has closed home sales totaling over $192 million, including $39 million in 2023. More Estates joins as part of Real’s Private Label program, designed for brokerages looking to maintain the brand they’ve built.
• Reach Home Group, led by Matthew Kochis. Founded in 2022, the 10-agent team serves the Greater Phoenix metro. It closed sales of $39 million in 2023.
• HBH Realty, led by Jordan Hosey. The six-agent team serves the Birmingham, Ala., metropolitan area and has distinguished itself by offering a comprehensive approach designed to help their clients achieve their financial goals. Named Rookie of the Year by the Birmingham Association of Realtors in 2017, Hosey and her team closed home sales valued at $31 million in 2023.
• Talia & Associates, led by Talia Gila. The newly formed team brings four agents to Real who will serve the Greenville, S.C. metro. As a solo agent, Gila sold 83 homes valued at $29 million in 2023.
• Expand Real Estate Group, led by Omar Alfaro. Founded in 2016, the team’s 15 agents serve California’s Inland Empire, including Rancho Cucamonga, Ontario, Victorville, Apple Valley, Hesperia, San Bernardino, Big Bear Lake, Arrowhead Lake and Sugarloaf. It closed home sales totaling $25 million in 2023.
• The Logan Home Group, led by John Logan. Logan leverages his military background to help Veterans and military service members and their families with their real estate needs throughout Maryland, Northern Virginia and D.C. The four-agent team closed 55 home sales valued at more than $24 million in 2023.

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 21,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s agent count.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07 per unit for the month of September 2024, representing $0.84 per unit on an annualized basis. The distribution will be payable on October 15, 2024 to unitholders of record on September 30, 2024.

About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets. The portfolio totals 38 properties, or 12.4 million square feet valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

For more information:        TSX: PMZ.UN        www.primarisreit.com        www.sedarplus.ca

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

TORONTO–(BUSINESS WIRE)–#AITech—Philer AI, an advanced real estate closing platform, has received approval from the Law Society of Ontario (LSO) as part of the Access to Innovation program to provide real estate legal services directly to consumers, showcasing a significant advancement in the legal tech space.

The Access to Innovation program is designed to foster the delivery of legal services through innovative technology, ensuring that companies like Philer can serve consumers while adhering to stringent public protection requirements. This approval empowers Philer to offer its AI-enabled real estate legal services across Ontario, assuring consumer safety and legal compliance.

Philer is dedicated to simplifying the home-closing process, ensuring transparency and affordability for homebuyers. The online platform enables buyers to work with real estate lawyers, upload confidential documents, track closing statuses, and sign closing documents virtually. By streamlining these processes, Philer aims to transform the traditionally cumbersome experience of working with real estate lawyers into a smooth and efficient digital experience.

Ankita Sharma, CEO of Philer AI expressed her enthusiasm about this achievement: “Buying a home is a significant milestone in anyone’s life, yet the experience often feels overwhelming, exhausting, and confusing. There is a lot of manual work involved between finalizing the property you want to buy and moving into it. Our mission is to make this milestone a celebration, not a stressful and exhausting project you can’t wait to get over. With this approval from the Law Society of Ontario, we are one step closer to making that vision a reality.” Ankita Sharma previously led digital expansion at Axess Law, where she identified a major technology gap in the legal industry. In 2022, she left her job to launch Philer as a B2B SaaS platform, helping real estate lawyers deliver a seamless digital experience to their clients.

Philer’s AI-enabled legal platform offers a modern solution to the challenges faced by homebuyers, leveraging advanced LLM models to provide clear, transparent, and accessible legal assistance. The platform’s innovative approach aligns perfectly with the goals of the Access to Innovation program, which aims to enhance the delivery of legal services through technology while maintaining high standards of public protection.

Art Wilson, Manager of the A2I program for the LSO, says, “The Law Society of Ontario is committed to fostering innovation in the legal industry through initiatives like our Access to Innovation (A2I) program. By approving companies like Philer AI, we ensure that innovative technological legal services meet rigorous public protection standards. Through these efforts and others, we are helping to advance the technological competence of legal professionals and working towards a more efficient and accessible justice system in Ontario.”

Philer’s platform is evolving to provide a seamless experience for homebuyers by integrating with key real estate professionals. Partners include real estate and mortgage brokerages, home inspection companies, insurance providers, movers, and packers. These collaborations enhance the user experience, offering a comprehensive solution for all home-buying needs.

As Philer expands its services across Canada, the company remains dedicated to its core mission of making the home-buying process as secure and stress-free as possible.

About Philer

Philer is a real estate closing platform that enables homebuyers to close their property transactions virtually for a flat legal fee of $899. Powered by licensed real estate lawyers and artificial intelligence, Philer simplifies the closing process for buyers, sellers, and real estate professionals, ensuring an efficient and secure digital experience. Learn more or start your real estate journey today at Philer.ai.

Contacts

Ankita Sharma, ankita@philer.ai (+1-647-457-0345)

Flexible epoxy coating provides commercial infrastructure with up to four hours of fire protection

PITTSBURGH–(BUSINESS WIRE)–PPG (NYSE: PPG) today announced the launch of PPG STEELGUARD® 951 epoxy intumescent fire protection coating in the Americas. This innovative product is designed for advanced manufacturing facilities, including semiconductor plants, electric vehicle battery facilities, data centers and other commercial infrastructure. After a successful launch in Europe and the Middle East, PPG Steelguard 951 coating is now available in North and Latin America.

PPG Steelguard 951 coating provides up to four hours of fire protection by expanding from a thin, lightweight film into a thick, insulating foam. This maintains structural integrity, allows more time for evacuation and minimizes damage to buildings and assets.

The coating delivers up to 3,500 microns of dry-film thickness in a single coat and cures rapidly, ready for handling the next day. PPG Steelguard 951 coating is ideal for modular construction projects optimized for off-site and field applications. PPG’s patented flexible epoxy technology ensures excellent durability and edge retention, reducing the risk of cracks during handling and transportation, and provides corrosion resistance up to ISO 12944 C5 without a topcoat.

“We’re excited to expand our offering of PPG Steelguard 951 coating to the commercial infrastructure sector, specifically advanced manufacturing in countries such as the U.S., Brazil, Mexico, Canada, Perú and Colombia,” said Stuart Bradbury, PPG business development manager, fire protection, Protective & Marine Coatings. “This solution offers up to four hours of fire protection, meets stringent testing standards, and supports modern construction methods with its robust, flexible and efficient application properties. We are committed to partnering with our customers to ensure the highest safety and performance in their projects.”

PPG’s global technical team ensures that customers receive expert guidance for optimal application. The product’s environmental credentials, including Environmental Product Declarations, underscore PPG’s dedication to sustainability.

PPG Steelguard 951 coating is tested in accordance with all recognized national and international fire and corrosion standards, including ISO 12944 C5, EN 13381-8, BS 476 standards, GB 51249, GB 14907, ASTM E 119, UL 263 and ULC 5101.

For more information on PPG Steelguard 951 coating, click here.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $ $18.2 billion in 2023. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

Steelguard, The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.

CATEGORY Protective and Marine Coatings

Contacts

Zachary Madden

Protective and Marine Coatings

T: +1 412 328 1104

ZMadden@ppg.com

BURLINGTON, Wash.–(BUSINESS WIRE)–#CFO—Silfab Solar, North America’s leading PV module manufacturer, announced today it will debut its new utility-grade solar panels as well as showcase its most powerful line of commercial panels during the RE+ expo in Anaheim, California.

Silfab, which will open its next and largest U.S. panel and solar cell manufacturing plant later this year, is applying its engineering prowess and industry-leading automated assembly technology to deliver durable and high-performing bifacial modules for utility-scale projects. Silfab will also display at RE+ next week its premium residential Prime series with N-type cell technology and our Silfab Elite panel, including a sneak peek at the Elite panel of the future.

“Silfab Solar continues to expand and innovate to meet demands of customers who seek high-quality, high-efficiency PV solar panels that are made in America,” said Paolo Maccario, Silfab President and CEO. “With more than 40 years of solar industry experience and our well-known commitment to quality, reliability and innovation, Silfab remains a trusted partner for clean energy solutions in North America.”

Silfab is excited to announce its Silfab Utility NTC 620-640 XL bifacial modules with a nearly 23 percent efficiency rating, improved shade tolerance and low-light performance, made-to-order cables and connectors, and superior durability, including an industry-leading hail rating. As with all its panels, the Silfab Utility line is backed by the most comprehensive warranties in the industry.

Commercial lineup

Silfab’s American-made commercial panels have been trusted to provide energy solutions to every kind of installation – from US military buildings, national retail chains to US sports stadiums. Silfab Commercial NTC utilizes next-generation N-type solar cells, contributing to significantly higher efficiency levels (20%+) and longevity while maximizing energy production and reduced degradation over time. Silfab panels are designed and engineered specifically for the North American market to provide superior performance and durability to handle harsh, cold conditions and extreme heat and humidity. The latest lineup includes:

• Silfab Commercial-570/580/590 XM+ (bifacial)
• Silfab Commercial-520/530/540 XM (bifacial)
• Silfab Commercial-520/530 QM

In addition to displaying a prototype panel with integrated back-contact cell and foil interconnect design, other panels to be showcased at RE+ will be the Silfab Prime N-type 420/430/440, and the Silfab Elite-420 BG , which recently earned a PVEL “Top Performer” rating.

Look for Silfab at Booth 28051 at the RE+ expo that begins Sept. 10.

Expansion

Silfab’s newest factory in South Carolina will soon provide the company with its own 1 gigawatt of domestic cell production and add another 1.3 gigawatts of made-in-America module capacity. The facility will begin operations by the end of this year.

For more information about Silfab’s superior solar products, visit: www.silfabsolar.com

About Silfab Solar

Silfab Solar is the North American leader in the design, development and manufacture of high-efficiency, premium quality PV modules. Silfab leverages more than 40 years of solar experience and best-in-class technologies to produce the highest-rated solar modules. Silfab operates state-of-the-art facilities in the state of Washington and Toronto, Canada and will soon be manufacturing solar cells and PV modules in Fort Mill, South Carolina. Each facility features multiple automated production lines, an ISO 9001:2015-accredited Quality Management System, and just-in-time manufacturing to deliver Buy American approved PV modules specifically designed for and dedicated to the North American market. www.silfabsolar.com

Contacts

Media Contact: Geoff Atkins, Email: g.atkins@silfabsolar.com, Tel: +1-905-255-2501 Ext. 737

TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) today announced that unitholders approved, in accordance with the requirements of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”), an ordinary resolution (the “Resolution”) authorizing the sale of the property located at 24-26, Rue Bénard – 25, Rue Hyppolite Maindron – 27-29, Rue de la Sablière, Paris, District 14, France (the “Sabliere Sale”) to Inovalis S.A. (the “Purchaser”) at a special meeting of unitholders of the REIT (the “Special Meeting”).

As the Sabliere Sale could be considered a “related party transaction” pursuant to MI 61-101, the REIT was required to obtain the prior approval of the Sabliere Sale by a majority of the minority unitholders on a disinterested basis. At the Special Meeting and excluding votes cast by (i) Mr. Stéphane Amine, President and CEO of the REIT, who holds 37,900 units and indirectly exercises control or direction over 1,530,074 units and 938,036 special voting units held by the Purchaser; (ii) Mr. David Giraud, an employee of the Purchaser, who holds 1,151,782 units; and (iii) Ms. Anne Smolen, an employee of the Purchaser, who holds 41,100 units, the Resolution approving the Sabliere Sale received 2,432,752 votes (representing 94.8% of the votes cast) for its approval, and 133,158 votes (or 5.2% of the votes cast) against. Final voting results from the Special Meeting will be filed and available on the REIT’s profile on SEDAR+ at www.sedarplus.ca.

As previously set forth, the Sabliere Sale is conditional upon the satisfaction of certain conditions. There is no certainty, nor can the REIT provide any assurance, that these conditions will be satisfied and, as such, there is no assurance that the Sabliere Sale will be completed, or if completed, will be on the terms as previously disclosed by the REIT. Any material difference in the terms of the Sabliere Sale will require the REIT to seek further approval of unitholders.

About Inovalis REIT

Inovalis REIT is a real estate investment trust listed on the Toronto Stock Exchange in Canada. It was founded in 2013 by Inovalis and invests in office properties in primary markets of France, Germany and Spain. It holds 13 assets. Inovalis REIT acquires (indirectly) real estate properties via CanCorpEurope, authorized Alternative Investment Fund (AIF) by the CSSF in Luxemburg, and managed by Inovalis S.A.

About Inovalis Group

Inovalis S.A. is a French Alternative Investment fund manager, authorized by the French Securities and Markets Authority (AMF) under AIFM laws. Inovalis S.A. and its subsidiaries (Advenis S.A., Advenis REIM) invest in and manage Real Estate Investment Trusts such as Inovalis REIT, open ended funds (SCPI) with stable real estate focus such as Eurovalys (for Germany) and Elialys (Southern Europe), Private Thematic Funds raised with Inovalis partners to invest in defined real estate strategies and direct Co-investments on specific assets.

Inovalis Group (www.inovalis.com), founded in 1998 by Inovalis SA, is an established pan European real estate investment player with EUR 7 billion of AuM and with offices in all the world’s major financial and economic centers in Paris, Luxembourg, Madrid, Frankfurt, Toronto and Dubai. The group is comprised of 300 professionals, providing Advisory, Fund, Asset and Property Management services in Real Estate as well as Wealth Management services.

Contacts

For further information:

Mike Bonneveld
Chair of the Investment Committee of the Board of Trustees

Inovalis Real Estate Investment Trust

mbonneveld@inovalis.com

 

When EV charging is not available at multifamily properties, the percentage of residents who plan to own or drive an EV in the next five years drops from 62% to 25%, according to a survey by SWTCH Energy

NEW YORK–(BUSINESS WIRE)–A new survey by SWTCH Energy (SWTCH), a company pioneering electric vehicle (EV) charging solutions for multi-tenant buildings across North America, reveals that access to property-level EV charging has a significant impact on multifamily residents’ decision to own or drive an EV within the next five years. The survey highlights residents’ strong desire for sustainable, eco-conscious lifestyles and how, despite this, the lack of EV charging at urban multifamily properties across the U.S. is hindering their transition to EV ownership.

Conducted in partnership with a third-party research firm, the survey consisted of 1,567 intergenerational consumers who rent or own a non-standalone home (i.e. apartment or condominium residence) in Boston, MA; Chicago, IL; Los Angeles, CA; and Miami or Tampa, FL.

The key findings include:

A sustainable lifestyle and EV ownership are top of mind for many multifamily residents.

• Nearly half of residents (47%) find a sustainable, eco-conscious lifestyle to be “very” or “extremely” important to them.
• 66% of residents believe that access to EV charging would benefit residential communities.
• 67% of residents say that having EV charging in their building would make them consider getting an EV.

Beyond the cost of owning/leasing EVs, availability of at-home charging is a significant factor deterring residents from switching to EVs.

• Almost half of non-EV owners/lessees (47.5%) cite high purchase and lease price as a barrier to using an EV.
• 31% of non-EV owners/lessees cite lack of charging in their multifamily building/at home as a barrier to using an EV.
• 82% of non-EV owners/lessees are without EV charging in their buildings.

“This data further shows that at-home EV charging for the over 44 million Americans living in multifamily properties is a critical component to achieving transportation electrification,” said Sofia Berrada, Head of Strategy at SWTCH. “SWTCH has long been focused on expanding EV charging at multifamily properties. Coupled with the declining costs of EVs, we have a unique opportunity to support residents, property owners and operators’ sustainability journey in the most cost-effective way.”

SWTCH is at the forefront of closing EV charging gaps in the critically underserved multifamily market. The company’s turnkey EV charging solutions tackle the main deployment challenges for new and aging multifamily buildings from upfront costs and limited electrical capacity to charger reliability. SWTCH has deployed over 10,000 charging ports across North America.

For more information, please visit https://swtchenergy.com/request-survey-data/.

About SWTCH Energy

Headquartered in Toronto, Ontario, with offices in Brooklyn and Boston, SWTCH is pioneering EV charging solutions for multifamily, commercial, and workplace properties across North America. SWTCH leverages the latest technology available to help building owners and operators deploy EV charging by tapping into their existing grid infrastructure. Through constant innovation and an extensive partnership network, SWTCH provides the most profitable and unique business model for multi-tenant buildings to stay competitive. For more information, visit www.swtchenergy.com.

Contacts

Chelsea Nolan

Antenna Group for SWTCH

SWTCH@antennagroup.com

Transformative new solutions will drive business value for water utilities, commercial properties, and residential communities.

BOULDER, Colo.–(BUSINESS WIRE)–Metron, the global leader in cellular-based smart metering and water intelligence, today announced that it will launch two transformative new products at the National Rural Water Association’s WaterPro Conference 2024, to be held in Savannah, Georgia, from September 9-11, 2024.

The product launches form part of Metron’s new data-first strategy, using advanced analytics and machine learning to empower utilities, property managers, and homeowners to identify and fix leaks, optimize water usage, lower costs, and chart a more sustainable path forward. Building on Metron’s long-standing leadership in water management, the eagerly awaited new products will bring Metron’s advanced water intelligence solutions to municipal utilities, developers, property managers, and homeowners across the United States. Further details will be revealed in coming days as WaterPro 2024 approaches.

Metron’s presence at WaterPro 2024 will give customers and industry partners an opportunity to learn about the company’s new course under the leadership of tech industry veteran Carolyn Parent, who joined as CEO in February. Under Parent’s leadership, Metron is building on its long history of creating groundbreaking hardware devices, and expanding into data-driven and advanced analytics solutions that radically enhance customers’ ability to manage and maintain water infrastructure, reduce waste and operating costs, and accelerate progress toward ambitious sustainability goals.

“For decades, Metron has been one of the world’s best-known and most trusted developers of smart metering solutions,” Parent said. “Now we’re embarking on an exciting new chapter — and there’s no better place to begin that journey than at WaterPro 2024. I can’t wait to meet with industry leaders from across the country, introduce our impactful new products, and share our vision for the future of intelligent, data-driven water management.”

Over 1,700 industry leaders and 110 exhibitors will attend WaterPro 2024 in Savannah from September 9-11, 2024. The Metron leadership team will be on hand to unveil their new product lineup, meet with industry stakeholders, and offer hands-on demos. Find Metron at booth 611 in the Savannah Convention Center.

About Metron

Metron is the world’s leading smart water management system and water sustainability company providing customers with best-in-class, real-time water use data analytics. Metron creates industry-leading customer solutions combining durable, high-performance meters and sensors with WaterScope™ Advanced Water Data Software. Over 1 billion gallons of water has been saved by Metron’s smart water system’s resource usage optimization, enhanced efficiency, and informed decision making. With 8,000 networked customers and a massive network of installed network devices, Metron propels property water management and sustainability – detecting leaks and abnormal consumption from the utility meter and across a broad range of water users within a complex. Metron serves the Utilities, Municipalities, Manufactured Housing, Multi-Family Housing, Education, Residential and Commercial Real Estate verticals in all 50 states and in Canada.

Learn more: metronfarnier.com.

About XPV Water Partners

XPV Water Partners is a team of experienced operators and investors who are committed to making a difference in water. The firm manages investment capital from some of the world’s top institutional investors, and partners with emerging water-related companies to help them rapidly expand and achieve their strategic goals. XPV aims to generate strong, risk-adjusted returns for its investors by leveraging its trusted ecosystem, deep industry knowledge, and its water centric company scaling platform. XPV is committed to building partnerships that contribute to growing people, sustainable businesses, prosperous communities, and a water secure future.

Learn more: xpvwaterpartners.com.

Contacts

Nick Bettis, pr@metronfarnier.com

Sellers brings over 15 years of building products experience to LP

NASHVILLE, Tenn.–(BUSINESS WIRE)–LP Building Solutions (LP), a leading manufacturer of high-performance building products, today announced the appointment of Jeremy Sellers as Vice President of OSB Sales and Marketing.

“Jeremy’s exceptional sales leadership and strategic vision will be an invaluable asset to LP,” said LP Executive Vice President, General Manager of OSB Jimmy Mason. “I look forward to seeing his expertise drive our business forward and support our ambitious goals.”

In his new role, Sellers will lead the development, alignment and execution of all sales and marketing programs within LP’s OSB segment. This includes overseeing the innovative value-added OSB product portfolio known as LP® Structural Solutions, managing strategic partnerships, and steering comprehensive product marketing campaigns and sales strategies.

With over 15 years of experience in the building products industry, Sellers has a proven track record of success. He began his career at Wolf Home Products as a Product Specialist and advanced to Senior Vice President of Sales in 2022. Sellers holds a Bachelor of Science in Business Administration from Clarion University of Pennsylvania.

To learn more about LP, visit LPCorp.com.

About LP Building Solutions

As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP’s extensive portfolio of innovative and dependable products includes Siding Solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding and LP® Outdoor Building Solutions®), LP® Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore® Thermal Insulated Sheathing and LP® TopNotch® 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.

Contacts

(615) 986-5886

Media.Relations@lpcorp.com