Largest college student questionnaire of its kind to provide benchmarking for 2024 Thriving College Students Index Report

AUSTIN, Texas–(BUSINESS WIRE)–#hihowareyou–The College Student Mental Wellness Advocacy Coalition launches its second annual Thriving College Student Mental Wellness Survey today—on World Mental Health Day—in partnership with the Hi, How Are You Project (HHAYP) and The Jed Foundation (JED).

The largest survey of its kind will be fielded in the U.S. and Canada by world leader in research, Ipsos, to nearly 800,000 students residing in college housing communities. The survey results will be reported in the form of an annual Index in January 2024.

“Thanks to this survey data, we will have the opportunity to continue to learn about various dimensions of student mental wellness including their levels of stress and anxiety, coping mechanisms, future outlook, feelings of connectedness, and more,” said Dr. Sonia Krishna, a board-certified physician specializing in child, adolescent, and adult psychiatry and Hi, How Are You Project board member. “We encourage all students who receive the survey to complete it as this actionable data will help us develop mental wellness resources, staff training, and community programming in the ways they are most needed.”

With a second year of data, the Coalition will provide benchmarking for the first time to keep a pulse on student wellbeing as well as measure the impact of the Coalition’s initiatives.

“JED is proud to work alongside fellow Coalition members to continue protecting emotional health and preventing suicide among our nations’ teens and young adults. College students and members of the campus community play critical roles in the collaboration, cultivation, and creation of life-saving cultures of care,” said John MacPhee, CEO, The Jed Foundation. “The Index will assist us in better understanding the unique challenges and conditions that students are now facing, allowing us to develop programs that affect positive change on both an individual and systemic level.”

The Coalition envisions a world where all young adults thrive thanks to the support of their residential communities that are dedicated to promoting and advocating for mental wellness to facilitate personal fulfillment and academic success. In addition to HHAYP and JED, it is made up of 24 member companies in the student housing industry including:

American Campus Communities

CA Student Living

Campus Advantage

Campus Apartments

Cardinal Group Management

Core Spaces

Landmark

Peak Campus

Pierce Education Properties

Preiss

RPM

Student Quarters

The Scion Group

Greystar

Michaels Student Living

Campus Life & Style

Asset Living

Caliber Living

Yugo

Balfour Beatty

Dinerstein

University Partners

Gilbane Development Company

GMH Communities

“By uniting as an industry, we know our impact can be so much greater and longer lasting,” said Jonathan Bove, Coalition chair. “We aim to leverage the diverse skill sets and capacities of our member organizations so that students get the resources and programming they need to thrive personally and academically in their residential communities.”

To learn more about the new College Student Mental Wellness Advocacy Coalition, please visit www.thrivingcollegestudents.org.

About the College Student Mental Wellness Advocacy Coalition

The College Student Mental Wellness Advocacy Coalition is an alliance of the nation’s top student housing providers who advocate for student mental wellness through encouraging open conversations, providing resources, and developing industry-wide peer-to-peer staff training programs, in partnership with mental health non-profits, The Jed Foundation (JED) and Hi, How Are You Project (HHAYP). Since its founding in 2022, the Coalition continues to expand its reach and impact as it envisions a world where all young adults thrive thanks to the support of their residential communities that are dedicated to promoting and advocating for mental wellness to facilitate personal fulfillment and academic success. www.thrivingcollegestudents.org

About the Hi, How Are You Project

The Hi, How Are You Project (HHAYP) is an Austin, TX-based 501c3 nonprofit organization with the mission to remove the stigma around mental health, one conversation at a time. The organization aims to educate people worldwide about the importance of mental health and wellbeing while promoting a culture of inclusion. www.hihowareyou.org

About The Jed Foundation (JED)

JED is a leading nonprofit that protects emotional health and prevents suicide for our nation’s teens and young adults. We’re partnering with high schools and colleges to strengthen their mental health, substance misuse, and suicide prevention programs and systems. We’re equipping teens and young adults with the skills and knowledge to help themselves and each other. We’re encouraging community awareness, understanding, and action for young adult mental health.

Connect with JED: Email | Twitter | Facebook | Instagram | YouTube | LinkedIn | Snapchat | Pinterest

Contacts

Gina Cowart

American Campus Communities

512-350-8136

gcowart@americancampus.com

Leading parking reservation app in North America adds strategic CFO to drive transformative growth, operational focus, and investment in innovation.

CHICAGO–(BUSINESS WIRE)–SpotHero, the leading parking reservation marketplace in North America, announced Kavita Suthar as its new Chief Financial Officer. The announcement comes as SpotHero continues to utilize and develop cutting-edge technology to further digitize the multi-billion-dollar parking industry.

“We’re thrilled to welcome Kavita as our new Chief Financial Officer,” said SpotHero CEO and co-founder Mark Lawrence. “She brings a wealth of experience and expertise in financial strategy and management. Her commitment to excellence and her strategic vision will play a pivotal role in guiding SpotHero toward continued financial growth and success.”

Suthar will oversee the company’s finance and accounting functions with a focus on strategic and operational execution. Prior to SpotHero, Suthar was the CFO at Redbox where, in her 7+ years, she helped the business scale and was part of the leadership team that took the company public. Suthar held several roles at Redbox across FP&A and Strategy. Before Redbox, Suthar spent 10+ years at US Cellular across various roles including Corporate Finance, Strategy, and Marketing. She began her career as an auditor with Grant Thornton.

“I’m very excited to officially join the SpotHero team,” said Suthar, whose official start date as SpotHero’s Chief Financial Officer was October 5. “SpotHero is a beloved customer brand that is in a unique position as both an industry leader and innovator thanks to its continued focus on developing and implementing innovative technology.”

Hiring Suthar builds upon SpotHero’s recent momentum, including the opening of their new Chicago and Toronto offices. The expansion continues to strengthen our leadership position in their North American markets. SpotHero was also named the 2023 CityLIGHTS award winner by 1871, recognizing SpotHero’s position as a category leader within the parking industry and as a beacon in the Chicago tech community.

For more information on SpotHero, please visit spothero.com.

About SpotHero

SpotHero is the leading parking reservation marketplace in North America with over $1 billion in parking reservations sold. Millions of drivers use SpotHero’s mobile apps and website to find, book and access off-street parking in more than 8,000 locations in over 300 cities in the U.S. and Canada. Leading operator partners leverage SpotHero’s machine learning-powered dynamic pricing platform SpotHero IQ to power data-driven decisions. For more information, visit SpotHero.com.

Contacts

Press@spothero.com

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.0683 per unit for the month of October, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on November 15, 2023 to unitholders of record on October 31, 2023.

About Primaris REIT

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The current portfolio totals 11.4 million square feet valued at approximately $3.4 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.

TSX: PMZ.UN

www.primarisreit.com

Contacts

For more information:

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Tim Pire

Chair of the Board of Trustees

chair@primarisreit.com

Transaction represents the company’s largest debt transaction to date and its fourth green financing

DENVER–(BUSINESS WIRE)–Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced​​ that the company has raised USD$1.35 billion in securitized notes. The notes include (i) $1,026M five- and seven-year Class A Term Notes (Series 2023-1 A-2a and Series 2023-2 A-2), (ii) C$380M Canadian dollar Class A tranche (Series 2023-1 A-2b, ~$286M USD equivalent) and (iii) $43M Class B Notes (Series 2023-1 B). The Class A Notes & Class B notes are rated A- and BBB- respectively by Standard & Poor’s.

The proceeds from this transaction are primarily being used to refinance existing financings in place for three data centers on the company’s flagship Northern Virginia campus and five data centers in the province of Quebec, Canada, as well as to fund general corporate needs.

Deutsche Bank Securities acted as Sole Structuring Advisor. In addition to Deutsche Bank, Societe Generale, Truist Securities and Wells Fargo Securities acted as Joint Active Bookrunning Managers on the transaction. Additionally, this transaction achieved a Green Bond designation via a Second-Party Opinion (SPO) from Morningstar Sustainalytics in September 2023. For additional details, please see the company’s Green Bond Framework.

“This transaction is Vantage’s ninth securitization financing since 2018. It’s also our fourth green financing bringing our total green loan financings to more than $2 billion,” said Sharif Metwalli, Vantage’s chief financial officer. “This financing provides an even stronger financial position for our North American platform and enables us to continue scaling the business to meet customer demand in an environmentally friendly way. We appreciate the ongoing support and partnership from our lead investor, DigitalBridge, and their confidence in us to grow the business to not only meet our customers’ IT requirements but also to align with our customers’ sustainability goals.”

“Vantage is delivering on its growth strategy, and despite inflation and the challenging capital markets, investors continue to be confident in Vantage’s ability to execute as evidenced by this securitization,” said Jon Mauck, senior managing director at DigitalBridge. “We look forward to further building on this momentum to drive value for our stakeholders, not only in North America, but around the world. Vantage is uniquely positioned for long-term growth with a leading digital infrastructure platform designed for the world’s preeminent hyperscalers and cloud providers.”

Vantage recently announced that AustralianSuper, Australia’s largest pension fund, will invest €1.5 billion to acquire a significant minority stake in Vantage’s EMEA business, joining DigitalBridge as a key shareholder. The investment will accelerate Vantage’s ability to scale its footprint across the EMEA region to support customer demand.

The notes have not been, and will not be registered, under the Securities Act of 1933, as amended, and may not be offered or sold absent such registration, or an applicable exemption from the registration requirements thereunder. This press release is neither an offer to sell, nor a solicitation of an offer to buy any notes, nor shall there be any sale of the notes in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About Vantage Data Centers

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

For more information, visit https://www.vantage-dc.com.

About DigitalBridge

DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem including cell towers, data centers, fiber, small cells and edge infrastructure, the DigitalBridge team manages over $70 billion portfolio of digital infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, Florida, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg and Singapore.

For more information, visit: www.digitalbridge.com.

Contacts

Mark Freeman

Vantage Data Centers

mfreeman@vantage-dc.com
+1-202-680-4243

Robin Bectel

REQ for Vantage Data Centers

vdc@req.co
+1- 202-936-6335

– New data reveals that ninety percent of Torontonians believe the city needs better-built condos –

– Click here to access the first renderings for 101 Spadina –

TORONTO–(BUSINESS WIRE)–Today, Devron Developments (Devron), one of Toronto’s leading residential home builders passionate about creating high quality, long-term livable condominiums (condos), releases results from a survey of Torontonians conducted among members of the Angus Reid Forum. The survey found that 90 per cent of respondents believe that the city needs better-built condos, and over three quarters (83 per cent) agree that the city is starved for good architecture. Gathering insights on the sentiments of current and future homeowners towards the Toronto condo market and condominium developments’ contribution to the city’s skyline, the poll surveyed over 800 respondents in the Greater Toronto Area in late June 2023. Alongside this new data, Devron is announcing its latest project, 101 Spadina – a 38-storey residence located at the southeast corner of Spadina Ave. and Adelaide St. – to provide Torontonians with a condo they can call home.

Not another glass box, Devron’s 101 Spadina project aims to change the condo narrative. 101 Spadina will provide Torontonians with the option to own a home with timeless architecture. Built with a brick and stone façade to pay homage to the rich architectural heritage of Spadina Ave. the building includes large livable suites, comfort-focused building features, geothermal heating and cooling, a new 10,000 sq ft public park at the foot of the building and more.

Located on Toronto’s largest avenue, the project will occupy the current Green P and 101 Spadina building at the southeast corner of Adelaide St. and Spadina Ave. In addition to the public park, proceeds from the land transfer will support the creation of affordable housing units off-site in the area.

Condos can be long-term homes

As condos in Toronto are getting smaller and smaller, Devron is doing things differently by building livable, spacious suites with an emphasis on quality beyond just the surface. Prioritizing the quality behind the aesthetics, Devron is solving typical condo living woes with its Building Sciences, out of sight features that enhance the overall condo-living experience; from heightened sound insulation to leak detection and better lighting with pot lights in all suites, Devron ensures the homeowner’s comfort is top of mind.

Due to the unsustainable single-family house price, exacerbated by soaring interest rates, and a lack of high quality condominium homes, Torontonians have been pushed further and further away from the city, where most of the city’s jobs, culture, and entertainment infrastructure lie. This sprawl has given rise to more traffic and travel times which means less time spent with family, an isolation of people from social and economic infrastructure, and an overall decrease in quality of life. According to the survey, many Torontonians want to stay close to the beating heart of the city, but report lacking condos that are built with the quality and size to be called a home for too long:

• Half (52 per cent) of Torontonians say they would consider purchasing a larger condo as their long-term home. Among those who do not currently own a condo in the GTA but plan to do so, 72 per cent would consider purchasing a larger condo as their long-term home.
• Over half (56 per cent) believe condos can be a long-term housing solution versus mostly transitional homes. This number jumps to 60 per cent when honing in on already-existing condo owners.
• According to over 60 per cent of respondents, condos must have ample storage and spacious living spaces as these are the main challenges Torontonians list when considering living in a condo.
• According to 56 per cent of respondents, condos can make a long-term home when it includes being close to services, access to amenities such as green space, and large spacious units.

“Toronto is an incredible city with an abundance of potential. However, condos, our fastest-growing and most sustainable housing option, do not often evoke much excitement or pride for many Torontonians. As a result, condos are seen by many as a temporary place to live. It pains me and makes me realize that we have a lot of work to do to help inspire people to feel that “condo” can be synonymous with “home” for people and families at all stages of life,” says Pouyan Safapour, President of Devron. “What is interesting with this challenge is that it is fairly unique to Canada. In most other major cities in the world, multi-family homes are not seen as transitionary housing. If we don’t overcome this major challenge, and rebuild consumer confidence in multifamily living in Toronto, people and families will continue to sprawl, it will become impossible for our infrastructures to serve people, and the city will lose its vibrancy. This is why we are passionate about creating condos that we feel Toronto deserves, and that Torontonians can be proud of. We want people to have options for multi-family homes that inspire them to stay and call downtown Toronto home. With our latest project, 101 Spadina, we hope to do just that.”

The Toronto skyline needs help

Canada’s largest metropolis isn’t renowned for its architecture. It’s the opposite. As a developer focused on bringing inspiring architecture to the city, Devron is committed to elevating Toronto’s skyline by building aesthetically pleasing and community-driven developments. Designed in partnership with Audax Architects, the contemporary art deco building will exist in respectful harmony with the beautiful 100 year-old architectural buildings on Spadina Ave., while having its own modern character. Torontonians believe the city needs higher quality buildings that heighten the city’s architectural experience.

• Over three-quarters (83 per cent) of Torontonians agree that the city is starved for better architecture.
• Almost three-quarters (71 per cent) believe other cities have more interesting or exciting condo developments in comparison to Toronto.
• Nearly all respondents (90 per cent) believe the city needs better-built condos that suit people’s lifestyle needs (functional layouts, access to amenities, etc.)

Devron’s 101 Spadina project aims to answer Torontonians’ request for better-built condos, exciting architecture, and livable suits. Sales for 101 Spadina launch in 2024. Visit 101spadina.com to register.

About Devron Developments

Devron Developments (Devron) is an award-winning residential home builder, passionate about positively impacting people’s lives and experiences by creating long-term livable spaces in the Greater Toronto Area. With a portfolio of notable condominiums like The Vanguard, The Winslow, and the upcoming 101 Spadina, Devron is committed to elevating communities through thoughtful architecture that enhances the cityscape, high-quality buildings with a focus on livability, and sustainability. With nearly one million square feet of mixed-use property under development, Devron strives to create homes and inspiring spaces for end-users that are tailored to their neighbourhoods. Discover more by visiting www.devron.com.

Contacts

For more information:
Kayla Ciaschi

Talk Shop

647-985-9109

kayla@talkshopmedia.com

Rebranded Products Shown at Equip Exposition 2023

WEST FARGO, N.D.–(BUSINESS WIRE)–Doosan Bobcat, Inc., a company within Doosan Group, has expanded its global branding strategy as it announces its RYAN® turf renovation equipment will rebrand under the Bobcat trade dress in 2024. Bobcat, a global compact equipment, innovation and worksite solutions brand, invented the compact equipment industry when it introduced the first compact loader in 1958.

RYAN equipment joined the Doosan Bobcat portfolio in 2020, following the acquisition of BOB-CAT Mowers and the Steiner and RYAN brands of grounds maintenance equipment from Schiller Grounds Care, Inc. RYAN has produced trusted turf renovation equipment for more than 75 years and features a unique product lineup including aerators, sod cutters, dethatchers, power rakes, overseeders and other specialty products that serve landscaping and grounds care professionals across a variety of industries including golf, sports turf, landscaping and rental.

Following the company’s success in new product industries such as mowers, compact tractors and grounds maintenance equipment, Bobcat has streamlined its branding approach to strengthen overall brand equity, market recognition and consumer recall of all product offerings. The transition aims to create a cohesive customer experience and grow the organization’s footprint, making the brand more accessible to more customers in more places.

“Bobcat has been a recognized name for decades—known for its toughness and versatility. We are proud to extend the brand to new product categories so we can empower even more people to accomplish more,” said Scott Park, Doosan Bobcat CEO and vice chairman.

Earlier this year, Doosan Bobcat announced its Doosan Portable Power, Doosan Industrial Air and Doosan Industrial Vehicle brands would transition into the Bobcat product portfolio in North America and applicable markets worldwide in 2024.

“The Bobcat brand has grown tremendously over the past years, and we recognize the opportunity to further unleash the brand in bold, new ways by extending it into new product categories as we grow our brand portfolio,” said Laura Ness Owens, Doosan Bobcat vice president of global brand and North American marketing.

With this refreshed identity, RYAN products will undergo design and aesthetic changes in alignment with current Bobcat branding. The turf renovation equipment is produced at the Doosan Bobcat manufacturing facility in Johnson Creek, Wis., and will continue to be manufactured there following the brand transition.

Bobcat-branded RYAN equipment, along with its newly rebranded portable power, industrial air and material handling, is expected to be available for customer purchase through Doosan Bobcat’s extensive, global dealer network in 2024. Bobcat and these rebranded product lines will proudly remain part of the broader Doosan Group portfolio.

The Bobcat-branded turf renovation products will be displayed in the Bobcat indoor booth (3052) at Equip Exposition in Louisville, Ky., from Oct. 17-20.

Media Resources: For more information and visual assets of rebranded prototype machines, please visit this Dropbox link.

About Bobcat

Since 1958, Bobcat Company has been empowering people to accomplish more. As a leading global manufacturer of compact equipment, Bobcat has a proud legacy of innovation and a reputation based on delivering smart solutions to customers’ toughest challenges. Backed by the support of a worldwide network of independent dealers and distributors, Bobcat offers an extensive line of compact equipment, including loaders, excavators, compact tractors, utility products, telehandlers, mowers, attachments, implements, parts, and services. In 2024, Bobcat will expand its brand with the addition of portable power, industrial air, industrial vehicle and turf renovation offerings. Headquartered in West Fargo, North Dakota, Bobcat continues to lead the industry with its new and innovative offerings.

The Bobcat brand is owned by Doosan Bobcat, Inc., a company within the Doosan Group. Committed to empowering people to accomplish more, Doosan Bobcat is dedicated to building stronger communities and a better tomorrow.

©2023 Doosan Bobcat, Inc. All rights reserved.

Contacts

Nadine Erckenbrack, Bobcat Public Relations Manager

Email: na.newsroom@doosan.com
Mobile: 701-205-9207

AUSTIN, Texas–(BUSINESS WIRE)–#Sustainability–Commercial building owners in Alberta and Saskatchewan will be able to upgrade their buildings with energy-efficient solutions and zero upfront costs. Efficiency Capital, Canada’s first energy-as-a-service company, has partnered with CLEAResult, the nation’s leading energy efficiency solutions provider, to launch this innovative initiative.

Businesses in Alberta and Saskatchewan can complete energy efficiency upgrades without any upfront capital. The investment is paid back over time from the savings generated, resulting in increased building values and positive cash flows from day one. In addition to access to preferred project capital, businesses will also enjoy the support of an expert project team to help manage the project’s implementation, leaving building owners to focus on what matters most—their business operations.

Qualifying projects will undergo a diverse range of energy retrofits, including—but not limited to—building envelope improvements, on-site renewable energy generation and fuel switching for retail spaces, warehouses, accommodation and food service facilities.

“Energy efficiency and economic stimulus go hand in hand,” says Chandra Ramadurai, CEO of Efficiency Capital. “We’re thrilled to provide capital and turn-key execution for these cash flow-positive projects that Alberta and Saskatchewan building owners can use as an opportunity to lower energy costs in their facilities while creating jobs and environmental benefits that support the whole community.”

Efficiency Capital, which has a significant track record of deploying capital for energy upgrade projects across the country, will bring in the required funding and project management capability, while CLEAResult will leverage its experience and reputation as a leading program execution partner to identify, plan, leverage funding programs and support the execution of these projects.

“Our biggest challenge is that there’s so much money available, and not enough businesses are taking advantage of it,” Keri Macklin, CLEAResult’s Vice President of Decarbonization, explains. “Deploying this much capital for energy conservation as quickly as we plan to has never been done, and we’re excited to make it happen.”

We are now accepting applications for our first cohort until 31 October 2023. To apply for funding and find more details on the program, visit clearesult.com/canada/programs/energy-efficiency-retrofit-program.

About CLEAResult

CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet. Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint. CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.

Explore all our energy solutions at clearesult.com.

Follow us on: Facebook | LinkedIn | Twitter | Instagram

About Efficiency Capital

Efficiency Capital (EC) is Canada’s first energy-as-a-service company that develops, funds and manages net-zero projects in the built environment. Incubated by The Atmospheric Fund (TAF) – a regional climate agency, EC seeks to increase the flow of third-party capital into such projects by leveraging strategic partnerships with various banks, impact investors, community foundations and other organizations to enable the transition to an energy efficient, low-carbon economy. EC has announced many new partnerships in Nova Scotia, Quebec and Alberta as it seeks to expand across the country and has access to significant low-cost project funding to deliver fully funded, turnkey and de-risked decarbonization solutions.

For more information, visit: www.efficiencycap.com.

Follow us on: LinkedIn | Twitter

Contacts

CLEAResult

Amber Tester

Director Corporate Communications

media@clearesult.com

Efficiency Capital

Manasvi Thakur

Account Manager

manasvi@bubblegumcanada.com
437-366-4207

 

BEACHWOOD, Ohio–(BUSINESS WIRE)–Tremco CPG Inc. (“Tremco”) today announced the acquisition of the wall system fabrication segment of NOW Specialties, LLC (“NOW”). Located in Carrollton, Texas, NOW is a leading panel wall system fabricator specializing in Metal Composite Material (MCM) and Aluminum Composite Material (ACM) panels. The installation side of the business was not acquired and continues to operate as NOW Specialties.

“This acquisition represents a major step toward establishing Tremco as the leader in offsite construction – a significant and growing trend and a key strategic direction for the organization,” said Ron Kaminski, President, Tremco Commercial Sealants & Waterproofing Division. “Besides adding MCM and ACM to our growing Modulite™ panel fabrication program, this acquisition aligns with our core value proposition of delivering systems that are easy to build and maintain, virtually impervious to the elements and can be customized to provide nearly any desired look.”

Building Envelope Testing for Code Compliance, Performance and the Health and Safety of Occupants

“The NOW-8000 system was particularly attractive to us because it has been tested in full accordance with 2015 IBC 1407 (metal composite materials) and 2015 IBC 1703.5 (labeling) and, since 2018, can bear the Intertek mark,” Kaminski says.

NOW Specialties was the first US MCM fabricator to comply with IBC 2015 labeling requirements. A drained/back-ventilated rainscreen, the NOW-8000 system is lightweight, easy to install, designed around proven route-and-return and tongue-in-groove technology, and meets the latest, most rigid test standards and building codes.

NOW’s commitment to third-party certification aligns with Tremco’s focus on tested systems. More than ten years ago, Tremco invested in what is now the Tremco Building Science Laboratory. Developed in collaboration with the Air Barrier Association of America (ABAA) and with input from the building science community, the Tremco Building Science Laboratory is a state-of-the-art facility for testing air and moisture infiltration/exfiltration in building enclosures, pushing systems beyond ASTM standards to help avoid energy loss, structural deterioration and poor indoor air quality.

Supporting Growth of Offsite Construction

The benefits of offsite construction – including improved efficiency, higher quality and a faster path to revenue for building owners – are well documented and have contributed to the increased adoption of this building method. With increased adoption comes the demand for more design options.

“The acquisition of NOW’s wall system fabrication segment allows us to expand our Modulite offerings, giving our customers additional choices, which already include several Outsulation® continuous insulation panel types featuring a wide range of Dryvit® brand finishes replicating brick, stone, woodgrain, granite, metal and more,” Kaminski says.

Tremco’s network of offsite and modular construction specialists is available to help both those considering offsite construction and those new to this method who may require additional technical support and assistance.

The Single-Source Building Envelope

With the addition of ACM and MCM panels to the Tremco portfolio, building developers, designers and owners who want a metal panel facade can reduce risk and minimize the chances of envelope failure by taking advantage of fully tested, compatible building envelope systems and single-source warranty. This can include below-grade waterproofing, air barriers, sealants, expansion joints, traffic coatings and more.

About Tremco Construction Products Group

Tremco CPG Inc. is part of Tremco Construction Products Group (“Tremco CPG”). Leading Tremco CPG brands include Tremco Commercial Sealants & Waterproofing, Tremco Roofing & Building Maintenance, Tremco Barrier Solutions, Dryvit, Nudura, Prebuck, Willseal, Giraffe, Pure Air, Canam, WTI and WTC.

Together, Tremco CPG companies form an industry-leading provider of comprehensive systems and services for all six sides of the building enclosure. Whether new construction or restoration, commercial, residential, in-field or in-plant – structures with Tremco CPG systems are easier to build and maintain, virtually impervious to the elements, and can provide any look desired. For restoration and renovation of existing structures, Tremco CPG’s six-sided solutions deliver demonstrable performance at the lowest possible life cycle costs and ensure peace of mind through long-term warranties and maintenance programs. For more information, visit tremcocpg.com.

Contacts

John Buckley

Marketing Communications Senior Director

P 224.456.4601

jbuckley@tremcoinc.com

Momentum builds for ribbon cutting ceremonies introducing The Well as Toronto’s most dynamic mixed-use destination

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) and Allied Properties Real Estate Investment Trust (“Allied”) (TSX: AP.UN) provided the initial retail tenant roster for The Well. New tenants slated to open include a curated mix of beloved local brands, innovative concepts, multi-nationals and new entries into the Toronto market.

“RioCan and Allied are very excited to welcome retail tenants to The Well, our flagship mixed-use development in Toronto. RioCan has carefully curated a mix of dynamic and diverse tenants that define The Well as an extension of the vibrant and thriving King West district,” said Jonathan Gitlin, President and Chief Executive Officer of RioCan. “The ideal combination of location, thoughtful pedestrian-focused design, and community building establishes The Well as a quintessential urban hub hosting office workers and residents and attracting many more as a popular destination for shopping, dining, and special events.”

Incoming retail tenants represent exciting new opportunities to eat, shop, experience and connect at The Well and include necessity-based, experiential and service-oriented retailers. A complete listing of retail tenants can be found on The Well’s website at www.thewelltoronto.com, including those showcased below.

• Food: Each new restaurant and bar at The Well are an intentionally designed integration of culinary experiences that celebrate Toronto’s diverse food scene. The 38^th floor of The Well’s office tower features the highly anticipated Aera restaurant with an expansive rooftop patio that provides dramatic views of Toronto and Lake Ontario. With more than 55 food purveyors, The Wellington Market will offer everything from core essentials to the adventurous, complemented by National, a beer market inspired by North American tastes, with food, games, events, and select craft beers. The Wellington Restaurants present a full suite of inspired restaurants and bars and include new concepts such as La Plume, The Dorset and Bridgette Bar; and Montreal favorites, Mandy’s Gourmet Salads and L’Avenue; as well as the debut of LuLu Bar.
• Health & Wellness: Catering to the well-being of guests, The Well offers a host of health-focused amenities, including previously announced Sweat and Tonic, a fitness and wellness boutique, and Shoppers Drug Mart, Canada’s largest pharmacy. HealthOne Medical & Wellness is a full-service medical clinic offering medical, dental, rehab, wellness, mental health, optometry and skin clinic; an all-in-one centre will also be at The Well.
• Everyday conveniences: In keeping with the open street and pedestrian-centered environment of The Well is a host of retailers offering everyday conveniences, including barista-style cafés such as De Mello Coffee; Fix Coffee + Bikes; and Quantum Coffee. For 24/7 convenience, Aisle 24, a fully-automated, cashier-less grocery store will open its newest store serving residents and visitors at The Well. Other convenient amenities include personal banking with Bank of Montreal; Royal Bank; and Scotiabank branches, as well as beauty and grooming from Etiket; Room1six and Vie Nail & Beauty Salon.
• Elevated Retail: Reinforcing The Well’s seemingly endless amenities, retailers from multi-nationals to independent boutiques are setting up shop. Recognizable brands include consumer favourites such as Adidas; Indigo; Structube; The Bone & Biscuit; Bailey Nelson; and Le Creuset. And most recently, Sephora and Frank & Oak will join The Well’s roster of tenants. Leaning into The Well’s King West character is a slate of chic boutiques including Black Rooster Décor; Design Republic; Giotelli; Gotstyle; Groovy Shoes; and Suetables.

Retail tenants are expected to physically open in phases through the remainder of 2023 and into 2024. As we finalize additional lease deals, more announcements of exciting retailers opening at The Well are forthcoming. To celebrate the openings, a ribbon cutting event is scheduled for November 17, 2023 at The Well.

Office and Residential Update:

• Office: The 38-storey, 1.2 million square feet ⁽¹⁾, office space at The Well is stabilized at 98% leased. The office component of the Well is registered under the LEED® green building rating system and is targeting a LEED® Platinum certification.
• Residential: Residences at The Well comprise six buildings offering approximately 1,700 condominium and purpose-built rental suites. FourFifty The Well, the residential rental tower at the Well, is owned by RioCan in partnership with Woodbourne Canada Partners (“Woodbourne”). This 46-storey, 592 units, luxury residential rental tower offers modern amenities, superior services and direct access to The Well’s commercial conveniences through its retail podium. This building commenced pre-leasing in March 2023 and is currently 30% leased. With tenant move-ins starting on August 1, 2023, FourFifty The Well is now 21% occupied. Woodbourne owns the other two residential rental buildings, totalling 330 units, which have achieved 65% leased in aggregate. For the three condominium buildings, developed by Tridel Builders Inc., occupancy has commenced for two of the buildings. Occupancy activity for residences at The Well further underscore the desirability and demand for this mixed-use community.

About The Well

The Well is a joint venture between RioCan and Allied. Situated at Front, Spadina and Wellington, spanning more than three million square feet, The Well comprises seven mixed-use towers and mid-rise buildings. This interconnected mixed-used development introduces new residential housing, a relevant urban streetscape of retail experiences and concepts in approximately 320,000 square feet ⁽¹⁾ of indoor and outdoor space and workspace solutions for thousands of users across 1.2 million square feet ⁽¹⁾ of office. Once complete, The Well will draw people from down the street and across the globe to eat, shop, work, live and play in Toronto.

1) Square footage measures are based on gross leasable area for retail and office space

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail- focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at June 30, 2023, our portfolio is comprised of 193 properties with an aggregate net leasable area of approximately 33.5 million square feet (at RioCan’s interest) including office, residential rental and 11 development properties. To learn more about us, please visit www.riocan.com.

About Allied

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.

Forward Looking Information – RioCan

This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects RioCan’s objectives, strategies to achieve those objectives, as well as statements with respect to management’s beliefs, estimates and intentions concerning anticipated future events or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events.

Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on RioCan’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the “Risks and Uncertainties” section in RioCan’s MD&A for the period ended June 30, 2023 and in its most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release.

Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information.

The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing RioCan’s views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

Forward Looking Information – Allied

This News Release contains forward-looking information within the meaning of applicable Canadian securities laws. This information reflects Allied’s objectives, strategies to achieve those objectives, as well as statements with respect to management’s beliefs, estimates and intentions concerning anticipated future events or expectations that are not historical facts. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue”, or similar expressions suggesting future outcomes or events.

Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. All forward-looking information in this News Release is qualified by these cautionary statements.

Forward-looking information is not a guarantee of future events or performance and, by its nature, is based on Allied’s current estimates and assumptions, which are subject to numerous risks and uncertainties, including those described in the “Risks and Uncertainties” section in Allied’s MD&A for the period ended December 31, 2022 and in its most recent Annual Information Form, which could cause actual events or results to differ materially from the forward-looking information contained in this News Release.

Although the forward-looking information contained in this News Release is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with this forward-looking information. The forward-looking statements contained in this News Release are made as of the date hereof, and should not be relied upon as representing Allied’s views as of any date subsequent to the date of this News Release. Management undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

Contacts

RioCan

Jonathan Gitlin

President and Chief Executive Officer

(416) 866-3033

Allied

Cecilia Williams

President and Chief Executive Officer

(416) 977-9002

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, announced today that it is open for business in Vermont, increasing the company’s presence to 49 states and the District of Columbia in the U.S. and four Canadian provinces.

“We are thrilled to launch in Vermont, which has led the nation in inbound movers for two years in a row¹,” Real Chairman and Chief Executive Officer Tamir Poleg said. “Real’s tools, technology and culture of collaboration will be attractive to agents looking to differentiate themselves with clients and build long-term wealth, especially in today’s low inventory market that is keeping sellers on the sidelines and pricing many buyers out.”

Joining Real as Principal Broker in Vermont is Sandy Reavill. A long-time real estate investor and educator, Reavill went into residential real estate full-time when the pandemic closed schools. During her first year as an agent, she closed 61 transactions.

“As real estate professionals, we need to be more agile than ever before – clients are demanding it,” Reavill said. “Real’s technology platform which is all about increasing agent productivity will allow me to focus on what’s most important, helping my clients find their dream homes.”

Real’s expansion to Vermont follows its launch in West Virginia last month and marks its fourth state opening in 2023.

¹ According to United Van Lines’ 46th annual National Movers Study.

About Real

The Real Brokerage Inc. (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 49 states, D.C., and four Canadian provinces with more than 12,000 agents. Additional information can be found on its website at www.onereal.com.

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 ability to continue to expand its presence to additional locations.

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 and Real’s ability to attract new agents and retain current agents. 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:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Dealer management software company recognized for revenue and employment growth for a second consecutive year

CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global provider of enterprise software for equipment dealers, today announced it is listed among the 2023 Triangle Business Journal Fast 50. This is the second consecutive year the company has been selected to appear on this annual list.

The Fast 50 annual awards program recognizes the most dynamic, fastest-growing private companies in Raleigh, Durham and across the Triangle. Winners are selected and ranked based on a formula that includes dollar growth, percentage rate of growth, and profitability during a three-year period. Winners will be recognized during an awards ceremony on November 8.

“It’s exciting to be included on this prestigious list again this year, which reflects the value we provide equipment dealers who want to modernize their business operations,” said Jeff Hart, President and CEO of e-Emphasys. “With the right technology, these dealerships can transform and grow, digitalizing their processes and harnessing the power of their data. We’re here to support them in their journeys to operate more efficiently, better serve customers, and increase profitability.”

For more than 20 years, e-Emphasys has served the equipment dealership industry and its various market sectors. The company’s software suites, e-Emphasys ERP and IntelliDealer, allow clients to connect every function of their dealerships to standardize and automate workflows, access real-time analytics, and make data-driven decisions.

About e-Emphasys Technologies

e-Emphasys Technologies Inc. is the leading global provider of dealer management software. Our e-Emphasys ERP and IntelliDealer solutions give agriculture, construction, heavy truck, material handling and other equipment dealers the digital transformation and data intelligence technology to better manage and grow their businesses. Designed to meet these clients’ industry-specific needs, our platforms connect every aspect of dealership operations and provide the insights to increase efficiency, customer satisfaction and profitability. We’re proud to support the ecosystem of manufacturers, dealers and their customers who help the world run every day. Learn more at www.e-emphasys.com or follow us on LinkedIn.

Contacts

Media:
Lisa Williams

press@e-emhasys.com
+1 339. 788. 0067

• Study quantifies impact of technology upgrades on energy performance and carbon reduction in office buildings
• Research finds retrofitting buildings using a digital-first approach is best pathway to decarbonization

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Retrofitting buildings using a digital-first approach is the best pathway to decarbonization, according to new research from Schneider Electric, the leader in the digital transformation of energy management and automation.

Buildings represent an estimated 37 per cent of global carbon emissionsⁱ, and as about half of today’s buildings are still likely to be in use in 2050ⁱⁱ, the sector must urgently reduce operational carbon emissions, by making buildings more energy efficient.

The research findings show that deploying Schneider Electric’s digital building and power management solutionsⁱⁱⁱ in existing office buildings could reduce their operational carbon emissions by up to 42 per cent with a payback period of less than three years. If fossil fuel-powered heating technologies are replaced with electric-powered alternatives, and a microgrid with local renewable energy sources is installed, all-electric, all-digital buildings will see an additional 28 per cent reduction in operational carbon emissions resulting in a total reduction of up to 70 per cent.

Mike Kazmierczak, Vice President of the Digital Energy Decarbonization Office, the team leading the science-based research and product innovation to accelerate the energy transition within Schneider Electric’s Digital Energy division, explained that, “Tackling operational emissions is the number-one lever to decarbonize existing buildings at scale and achieve net-zero emissions targets by 2050. This breakthrough research reveals that reducing carbon emissions by up to 70 per cent is feasible if we transform our existing building stock into energy-efficient, fully-electrified and digitized assets.”

The research, carried out with the global design firm WSP, is based on modeling the energy performance and carbon emissions of a large office building built in the early 2000s across various U.S. Climate Zones^iv. This digital approach to building renovations is, however, applicable to all building types and climates, and is, therefore, the most effective building decarbonization strategy, yielding fast results with lower ‘upfront carbon’^v.

Renovating through the deployment of digital technologies is not only less disruptive to daily operations, but also more effective from a lifecycle carbon perspective. Failing to rapidly decarbonize buildings could also result in stranded assets that lose value and are unattractive to both investors and tenants.

Furthermore, recent research from the Boston University Institute for Global Sustainability and the Schneider Electric Sustainability Research Institute estimates that there is a sizable potential to create new jobs through the transition to low-carbon buildings.

Schneider Electric is widely recognized as an impact company and a leader in decarbonization. Its connected products, software and sustainability services help drive operational efficiency, eliminate energy waste, and provide strategies for carbon reduction in buildings, factories, data centers, infrastructure, and homes. Schneider Electric’s research and decarbonization scenarios offer immediate, practical solutions to help organizations navigate the complexities of the energy transition.

To learn more about the findings of Schneider’s research and three step process (strategize, digitize, decarbonize) to accelerate the path to net-zero buildings, visit here.

Related resources:

• Decarbonize the Office: Unleash the Power of Digital Solutions for Building Renovations
• A structured methodology for planning commercial real estate portfolio decarbonization
• The Path to Net-Zero Buildings: A 3-step guide to turn sustainability ambitions into actions
• Back to 2050: a major report on how 1.5°C is more feasible than many think

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com/ca

Discover Life Is On     Follow us on: Twitter | Facebook | LinkedIn | YouTube | Instagram | Blog

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.

Hashtags: #ClimateWeekNYC #CREtechNewYork2023 #Buildings of the Future

_______________________

ⁱ Tracking Clean Energy Progress (International Energy Agency 2022). 

ⁱⁱ Energy Technology Perspectives (International Energy Agency 2020). 

ⁱⁱⁱ Schneider Electric solutions include EcoStruxure Building Operation, EcoStruxure Building Advisor, Connected Room Solutions, Accusine power factor correction and harmonic filtering, PowerLogic submetering 

^iv Using the ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) 90.1-2004 baseline for large offices (12-stories, 46728 m2). 

^v Upfront carbon refers to the emissions primarily related to the extraction and production of building products and materials

Contacts

Media Relations – Edelman on behalf of Schneider Electric

Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com