TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Board of Trustees has declared a distribution for the month of April 2023 of C$0.0100 per trust unit of the REIT, representing $0.12 per trust unit of the REIT on an annualized basis.

The distribution will be payable on May 15, 2023 to unitholders of record as of the close of business on April 28, 2023.

About Slate Office REIT (TSX: SOT.UN) 

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. The majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management 

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements 

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SOT-Dist

Contacts

Investor Relations

+1 416 644 4264

ir@slateam.com

TORONTO–(BUSINESS WIRE)–Home Capital Group Inc. (“Home Capital”) (TSX: HCG) is pleased to announce that the Commissioner of Competition has issued a “no-action letter” in respect of Home Capital’s previously-announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). Under the Arrangement, a wholly-owned subsidiary of Smith Financial Corporation (“SFC”) has agreed to acquire the issued and outstanding common shares of Home Capital that SFC does not already own for $44.00 in cash per share (the “Purchase Price”), subject to increase in certain circumstances described below. The issuance of the no-action letter satisfies the Competition Act closing condition of the Arrangement.

Completion of the Arrangement remains subject to the receipt of regulatory approvals under the Bank Act (Canada) and the Trust and Loan Companies Act (Canada). Subject to obtaining all remaining required regulatory approvals and the satisfaction or waiver of the remaining customary closing conditions, the Arrangement is anticipated to be completed in mid-2023. If the Arrangement closes on or after May 20, 2023, the Purchase Price will be increased by an amount equal to $0.00273973 per share in cash per day up to and including the day prior to the closing of the Arrangement (equivalent to approximately $0.25 per share for every three-month delay beyond May 20, 2023).

Caution Regarding Forward-Looking Statements

This press release contains forward-looking information within the meaning of applicable Canadian securities legislation, including relating to whether, and when, the Arrangement will be consummated and the anticipated receipt of required regulatory approvals, including the timing thereof. Such forward-looking information necessarily involves known and unknown risks and uncertainties and assumptions. These risks, uncertainties and assumptions include, but are not limited to failure to, in a timely manner, or at all, obtain the necessary required regulatory approvals for the Arrangement and other customary risks associated with transactions of this nature. Therefore, forward-looking information should be considered carefully and undue reliance should not be placed on such information. Please note that forward-looking information in this news release reflects management’s expectations as of the date hereof, and therefore is subject to change. Home Capital disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. Please refer to Home Capital’s 2022 Annual and Fourth Quarter Report, available on Home Capital’s website at www.homecapital.com, and on SEDAR at www.sedar.com, for Home Capital’s Caution Regarding Forward-looking Statements.

About Home Capital

Home Capital is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust Company is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust Company and its wholly owned subsidiary, Home Bank, offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

Home Capital Group Inc.

Jill MacRae

VP, Investor Relations and ESG

416-933-4991

Investor.relations@hometrust.ca

TORONTO–(BUSINESS WIRE)–Home Capital Group Inc. (TSX: HCG) (“Home Capital” or “the Company”) will report financial results for the three months ended March 31, 2023 on Wednesday May 10, 2023 before markets open.

The Company does not intend to host a conference call on the date of the earnings release.

About Home Capital: Home Capital Group Inc. is a public company, traded on the Toronto Stock Exchange (HCG), operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits via brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Licensed to conduct business across Canada, we have offices in Ontario, Alberta, British Columbia, Nova Scotia, and Quebec.

Contacts

Jill MacRae

VP, Investor Relations and ESG

416-933-4991

investor.relations@hometrust.ca

Paychex Chairman joins Cintas with expertise in B2B technological innovation and digital transformation

CINCINNATI–(BUSINESS WIRE)–$CTAS—Cintas Corporation (Nasdaq: CTAS) today elected Martin “Marty” Mucci to its Board of Directors, effective immediately. Mucci’s appointment expands the size of Cintas’ Board to 10 Directors.

Mucci is currently Chairman of the Board at Rochester, N.Y.-based Paychex, Inc., following his October 2022 retirement as the company’s CEO. In his 12 years as CEO, Mucci led Paychex’s transformation from a payroll services company into a leading customer-driven, technology-enabled service company. Paychex’s digital innovation significantly expanded HR solutions available to its more than 730,000 small- to medium-sized business customers with the introduction of its software-as-a-service, cloud-based and mobility capabilities that further supported its world-class personalized service.

Prior to joining Paychex in 2002, Mucci was the former President and CEO of Rochester-based Frontier Telephone, a division of Frontier Corporation where he spent a total of 21 years.

“Marty has a deep understanding of B2B services, and his leadership transforming Paychex into a data-focused, technology-driven industry leader will provide a valuable perspective for our Board,” said Scott D. Farmer, Cintas Executive Chairman. “Under Marty’s leadership, the culture at Paychex is similar to Cintas’ culture. We look forward to his contributions and leadership as we continue to grow our customers’ digital experience and expand Cintas’ position as the leader in the business services industry.”

An independent member of Cintas’ Board, Mucci will serve on the Audit Committee and the Nominating and Corporate Governance Committee. In addition to Paychex’s Board, on which he has served since 2010, Mucci also sits on the Board of NCR Corporation, which provides digital consulting services and products to connected businesses.

>> Media Use Asset via Dropbox: Martin Mucci Headshot (.jpg)

About Cintas Corporation

Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

Contacts

Media Contacts:
Michelle Goret, Cintas Vice President of Corporate Affairs | goretm@cintas.com, 513-972-4155

Lizz Summers, Cintas Director of Corporate Affairs | summerse2@cintas.com, 513-972-2859

Investor Relations Contacts:
Mike Hansen, Cintas Executive Vice President and CFO | hansenm@cintas.com, 513-972-2079

Paul Adler, Cintas Vice President and Treasurer | adlerp@cintas.com, 513-972-4195

CALGARY, Alberta–(BUSINESS WIRE)–#albertarealestate–Hope Street Real Estate Corporation, an industry leading tenancy management firm specializing in residential rental management releases Spring 2023 report on Alberta’s private rental markets showing further increases in residential rental rates throughout the province, and further decreases in residential vacancy rates.

Edmonton area private Landlords observed the greatest gain with an average increase of 26% in asking prices for rental homes over the past 6 months. The average rental rate, blended for all types of advertised homes and condos in the metro Edmonton region, was $1764 per month at the March 2023 dataset. This amount represents a 26% rise over the past 6 months as the average rental rate in September of 2022 was $1326.

Similarly, Calgary area rental homes have seen moderate price appreciation with the average rental rate, blended for all types of advertised rental homes and condos, reaching $2210 per month at the March 2023 dataset. This amount represents a 18% rise in the past 6 months as the average rental rate in September of 2022 was $1812.

Calgary and Edmonton’s rental vacancy rates also edged down during the sample period to 2.1% in Edmonton and 1.1% in the greater Calgary area.

According to Shamon Kureshi, Hope Street’s CEO and the report’s lead author,

“…Rental rates in Alberta continue to rise, largely due to an increase in demand from inward provincial migration and increasingly strict mortgage lending rules.”

Hope Street Real Estate Corporation is an industry leading team of property management professionals serving the Edmonton, Calgary, and Vancouver markets. Hope Street has about 50 team members and directly manages the tenancies of nearly 3600 people in Alberta’s major centers or surrounding communities.

Contacts

For media inquiries or further comment on this release:

Shamon Kureshi, President & CEO

Hope Street Real Estate Corporation

24/7 mobile: 403-462-6200

shamon@HopeStreet.ca

Enterprise software provider continues to be recognized for its operational performance

CARY, N.C.–(BUSINESS WIRE)–e-Emphasys Technologies Inc., a global enterprise software provider for the industrial machinery and equipment industry, today announced it was named to the prestigious Financial Times’ annual ranking of the Americas’ Fastest-Growing Companies 2023.

The fourth annual ranking showcases the top 500 companies in the Americas that have achieved the highest compound annual growth in revenues between 2018 and 2021. This is the first time e-Emphasys has been included on this esteemed list, ranking as No. 433.

“We’re thrilled e-Emphasys has been recognized by Financial Times as one of the America’s fastest-growing companies in 2023,” said Jeff Hart, president of e-Emphasys. “Our growth mirrors the digital ambitions of our equipment dealers and rental company clients globally, and we will continue to innovate to provide all our clients with the software solutions they need to successfully operate and grow their businesses in service to their clients. Technology doesn’t stand still, and neither will we.”

e-Emphasys’ placement on this Financial Times’ list comes amid a steady period of organizational growth, also noted by regional business media. The company was recognized as a 2022 Triangle Business Journal Fast 50 winner and 2022 North Carolina Mid-Market Fast 40 winner.

About e-Emphasys Technologies

e-Emphasys Technologies Inc. is a global enterprise software provider for the industrial machinery and equipment (IM&E) industry. The company’s fully integrated dealer management platform supports every role within dealerships and rental companies across such sectors as agriculture, construction, forestry, heavy trucking, material handling and mining. In addition to the core ERP platform, the company’s suite of solutions includes CRM, business intelligence, mobile field service, inspection and e-commerce customer portal applications plus RFID, artificial intelligence, IoT and telematics. With this unified view of all enterprise data, e-Emphasys’ clients increase operational efficiency, customer satisfaction and profitability. For more information, visit www.e-emphasys.com or follow us on LinkedIn.

Contacts

Lisa Williams

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

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 April, 2023, representing $0.82 per unit on an annualized basis. The distribution will be payable on May 15, 2023 to unitholders of record on April 28, 2023.

About Primaris REIT

Primaris REIT is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 10.9 million square feet and is valued at approximately $3.1 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris REIT 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.

Contacts

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

TSX: PMZ.UN

www.primarisreit.com

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that in connection with its previously announced normal course issuer bid (“NCIB”), which commenced on February 1, 2023, the REIT has entered into an automatic securities repurchase plan with its designated broker in order to facilitate purchases of Class U units of the REIT (“Units”).

The automatic securities repurchase plan allows for purchases by the REIT of Units at points in time when the REIT would ordinarily not be permitted to make purchases due to regulatory restrictions or self-imposed blackout periods. Purchases, if any, will be made by the REIT’s designated broker based upon the parameters prescribed by the Toronto Stock Exchange and the terms of the agreement between the REIT and its designated broker. The automatic securities repurchase plan is expected to terminate on the close of business on May 5, 2023.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately US$2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-Fin

Contacts

For Further Information

Investor Relations

+1 416 644 4264

ir@slateam.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it will release its 2023 first quarter financial results before the market opens on Tuesday, May 9, 2023. Management will host a conference call and webcast to speak to these results on Tuesday, May 9, 2023 at 10:00 AM EST.

Conference Call & Webcast

The dial-in numbers for the conference call are 1-888-396-8049 (toll free) and 416-764-8646 (international). No access code required.

The webcast will be accessible at: https://www.interrentreit.com/2023-q1-results. A replay will be available for 7 days after the webcast at the same link.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure and, offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

For further information:
Investor Relations

investorinfo@interrentreit.com
www.interrentreit.com

CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that it has launched a private offering in Canada of Cdn$500 million of Senior Notes, Series I due 2028 (the “Notes”). Final terms of the Notes, including aggregate principal amount, interest rate and certain other terms, will be determined at the time of pricing.

The Notes will be issued by Ventas’ indirect, wholly-owned subsidiary, Ventas Canada Finance Limited (the “Issuer”), on a prospectus-exempt basis only to “accredited investors” who are not individuals unless such individuals are also “permitted clients,” in each case as defined under applicable Canadian securities laws. The Notes will be unconditionally guaranteed by the Company.

The Issuer intends to use the proceeds from the offering of the Notes to fund the Issuer’s tender offers to purchase its 2.80% Senior Notes, Series E due 2024 and 4.125% Senior Notes, Series B due 2024 for a combined aggregate purchase price of up to Cdn$500 million, in the order of priority set out in the offer to purchase, as separately announced today by the Company. The balance of the net proceeds, if any, will be used for working capital and other general corporate purposes. The tender offer is subject to the satisfaction of certain conditions set forth in the offer to purchase, including the completion of this offering of Notes.

The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The Notes have not been qualified by way of prospectus in any province or territory of Canada and may not be offered or sold to persons located or resident in Canada except pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws.

This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful.

Ventas, Inc., an S&P 500 company, operates at the intersection of two large and dynamic industries – healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns a diversified portfolio of over 1,200 properties in the United States, Canada and the United Kingdom. Ventas uses the power of its capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, hospitals and other healthcare real estate. A globally recognized real estate investment trust, Ventas follows a successful long-term strategy, proven over more than 20 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to its stakeholders.

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended and forward-looking information within the meaning of applicable Canadian securities laws (collectively, “forward-looking statements”). These forward-looking statements include, among others, statements of expectations, beliefs, future plans and strategies, anticipated results from operations and developments and other matters that are not historical facts. Forward-looking statements include, among other things, statements regarding our and our officers’ intent, belief or expectation as identified by the use of words such as “assume,” “may,” “will,” “project,” “expect,” “believe,” “intend,” “anticipate,” “seek,” “target,” “forecast,” “plan,” “potential,” “opportunity,” “estimate,” “could,” “would,” “should” and other comparable and derivative terms or the negatives thereof.

Forward-looking statements are based on management’s beliefs as well as on a number of assumptions concerning future events. You should not put undue reliance on these forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied by the forward-looking statements. We do not undertake a duty to update these forward-looking statements, which speak only as of the date on which they are made. We urge you to carefully review the disclosures we make concerning risks and uncertainties that may affect our business and future financial performance, including those made below and in our filings with the Securities and Exchange Commission, such as in the sections titled “Cautionary Statements — Summary Risk Factors,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2022.

Certain factors that could affect our future results and our ability to achieve our stated goals include, but are not limited to: (a) the impact of the ongoing COVID-19 pandemic and other viruses and infections, such as flu and respiratory syncytial virus, and their extended consequences, including of any variants, on our revenue, level of profitability, liquidity and overall risk exposure and the implementation and impact of regulations related to the CARES Act and other stimulus legislation and any future COVID-19 relief measures; (b) our ability to achieve the anticipated benefits and synergies from, and effectively integrate, our acquisitions and investments, including our acquisition of New Senior Investment Group Inc.; (c) our exposure and the exposure of our tenants, managers and borrowers to complex healthcare and other regulation and the challenges and expense associated with complying with such regulation; (d) the potential for significant general and commercial claims, legal actions, regulatory proceedings or enforcement actions that could subject us or our tenants, managers or borrowers to increased operating costs and uninsured liabilities; (e) the impact of market and general economic conditions, including economic and financial market events, inflation, changes in interest rates and exchange rates, supply chain pressures, rising labor costs and historically low unemployment, events that affect consumer confidence, our occupancy rates and resident fee revenues, and the actual and perceived state of the real estate markets, labor markets and public capital markets; (f) our ability, and the ability of our tenants, managers and borrowers, to navigate the trends impacting our or their businesses and the industries in which we or they operate; (g) the risk of bankruptcy, inability to obtain benefits from governmental programs, insolvency or financial deterioration of our tenants, managers, borrowers and other obligors which may, among other things, have an adverse impact on our financial results and financial condition; (h) the risk that we may be unable to foreclose successfully on the collateral securing our loans and other investments in the event of a borrower default and, if we are able to foreclose or otherwise acquire assets in lieu of foreclosure, the risk that we will be required to incur additional expense or indebtedness in connection therewith; (i) the recognition of reserves, allowances, credit losses or impairment charges are inherently uncertain, may increase or decrease in the future and may not represent or reflect the ultimate value of, or loss that we ultimately realize with respect to, the relevant assets, which could have an adverse impact on our results of operations and financial condition (j) the non-renewal of any leases or management agreement or defaults by tenants or managers thereunder and the risk of our inability to replace those tenants or managers on favorable terms, if at all; (k) our ability to identify and consummate future investments in or dispositions of healthcare assets and effectively manage our portfolio opportunities and our investments in co-investment vehicles, joint ventures and minority interests, including our ability to dispose of such assets on favorable terms as a result of rights of first offer or rights of first refusal in favor of third parties; (l) risks related to development, redevelopment and construction projects, including costs associated with inflation, rising interest rates, labor conditions and supply chain pressures; (m) our ability to attract and retain talented employees; (n) the limitations and significant requirements imposed upon our business as a result of our status as a REIT and the adverse consequences (including the possible loss of our status as a REIT) that would result if we are not able to comply; (o) the risk of changes in healthcare law or regulation or in tax laws, guidance and interpretations, particularly as applied to REITs, that could adversely affect us or our tenants, managers or borrowers; (p) increases in our borrowing costs as a result of becoming more leveraged, including in connection with acquisitions or other investment activity, rising interest rates and the phasing out of LIBOR rates; (q) our reliance on third parties to operate a majority of our assets and our limited control and influence over such operations and results; (r) our dependency on a limited number of tenants and managers for a significant portion of our revenues and operating income; (s) the adequacy and pricing of insurance coverage provided by our policies and policies maintained by our tenants, managers or other counterparties; (t) the occurrence of cyber incidents that could disrupt our operations, result in the loss of confidential information or damage our business relationships and reputation; (u) the impact of merger, acquisition and investment activity in the healthcare industry or otherwise affecting our tenants, managers or borrowers; (v) disruptions to the management and operations of our business and the uncertainties caused by activist investors; (w) the risk of catastrophic or extreme weather and other natural events and the physical effects of climate change and (x) other factors set forth in our periodic filings with the United States Securities and Exchange Commission.

Contacts

Ventas, Inc.

BJ Grant

(877) 4-VENTAS

Alexandra Lumpkin joins as the company’s first General Counsel from Lennar

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced it has named Alexandra Lumpkin as the company’s first General Counsel. Reporting to Real Chairman and Chief Executive Officer Tamir Poleg, she will be responsible for directing the company’s legal and compliance matters.

“We are thrilled to welcome Alix to our leadership team. She is an incredibly talented attorney who joins Real with an ideal combination of industry experience and achievements,” Poleg said. “Alix is an excellent addition to our leadership team as we continue to scale our business, instill a performance culture and achieve greater results for all of our stakeholders.”

Lumpkin brings extensive knowledge of the residential real estate industry, having spent nearly a decade at Lennar, one of the nation’s leading homebuilders.

“I am thrilled to join Real as it continues to rapidly grow its integrated technology across its brokerage, mortgage and title operations,” Lumpkin said. “Real’s expertise in delivering a performance-oriented platform along with its focus on revolutionizing the real estate experience, is such an appealing combination. I look forward to working with this talented team and helping to further drive its growth and success.”

She joined Lennar in 2013 as Associate General Counsel and was elevated to Deputy General Counsel in 2021. While at Lennar, Lumpkin led the company’s legal securities and corporate governance function, as well as other legal and advisory roles.

Prior to transitioning to an in-house legal position, Lumpkin focused her practice on advising public and private companies on capital markets transactions, disclosure and corporate governance matters and M&A transactions at Greenberg Traurig, LLP and Holland & Knight LLP, both multinational law firms.

She earned her bachelor’s degree from the University of Michigan and J.D. from the University of Florida, Fredric G. Levin College of Law.

About Real

The Real Brokerage Inc. (TSX: REAX) (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 45 states, D.C., and three Canadian provinces with over 9,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

BETHESDA, Md.–(BUSINESS WIRE)–#AirPermit–Enviva Inc. (NYSE: EVA), the world’s leading producer of sustainably sourced woody biomass, received on March 21, 2023 its construction permit from the Alabama Department of Environmental Management (ADEM) for its Epes plant under construction in Sumter County, AL. The revised permit enables Enviva to build a state-of-the-art sustainable biomass production facility at a brownfield site in Epes, AL, bringing jobs, infrastructure, and economic development to the region, while deepening Sumter County’s ties to the global economy.

In 2020, Enviva acquired over 300 acres of land on the coast of the Tombigbee River in Sumter County for its forthcoming Epes plant. The Enviva Epes site location resides on the former manufacturing site of a wood products company that had closed in recent years, resulting in job loss and depressed economic activity in the region.

“Enviva is excited to repurpose a former business site and construct a brand-new state-of-the-art manufacturing facility, jumpstarting economic growth and bringing employment opportunities back to the community,” said Thomas Meth, President and CEO of Enviva. “Enviva’s decision to locate a plant at the Port of Epes is expected to trigger a rebirth of economic activity in the Epes community. We hope that our decision to locate in Sumter County prompts others to do the same and we look forward to the day we get to officially call Sumter County home.”

Enviva has been active in Sumter County since its initial assessment of the site in 2018. Since then, Enviva has partnered with local government, first responders, and the faith-based community to help fulfill unmet needs and provide empowering programming for families. Once operational, Enviva’s Epes plant will be one of the largest taxpayers in the county, resulting in economic benefits to the community with funding for programs like road maintenance, schools, as well as safety, and emergency services.

“I am extremely thrilled and appreciative that this permit has been issued to Enviva,” said Marcus Campbell, Chairperson of the Sumter County Commissioners. “We are proud of the partnership and the opportunities that will come to Sumter County as a result of this magnificent collaboration. This is just another step in ensuring the economic revitalization of Sumter County will foster opportunities for citizens to live, work, play, and prosper.”

Enviva started preliminary construction of its fully contracted Epes plant in July 2022. The plant is expected to have a nameplate capacity of 1.1 million metric tons per year and is expected to be in service in 2024 and fully ramped in 2025. Once operational, the Epes plant is expected to support approximately 350 direct and indirect jobs, including in adjacent industries such as logging and trucking.

About Enviva

Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is constructing its 11^th plant in Epes, Alabama. Additionally, Enviva is planning to commence construction of its 12^th plant near Bond, Mississippi. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to defossilize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.

To learn more about Enviva, please visit our website at www.envivabiomass.com. Follow Enviva on social media @Enviva.

Contacts

Jacob Westfall

media@envivabiomass.com
+1-301-657-5560