Want to know if your future condo is facing a lawsuit or fee hike? Now you can, digitally and in plain language, right in Ownright’s client portal.

TORONTO–(BUSINESS WIRE)–Ownright, Ontario’s trusted law service for real estate transactions, today announced the launch of its fully digital Status Certificate Review, a first-of-its-kind solution designed to bring transparency, simplicity, and accessibility to one of the most complex and overlooked parts of the condo buying process.

In urban markets like Toronto and Vancouver, over 50% of occupied dwellings are condominiums. Despite this, status certificate reviews—a legal requirement in all Ontario condo transactions—have remained stuck in the past. Buyers often receive dense documents or verbal summaries that fail to provide clarity. Ownright’s new digital review replaces this outdated process with a clear, modern experience that empowers buyers with the knowledge they need to make informed decisions.

“Buying a home is one of the biggest decisions people make, and status certificates can feel like a black box,” said Robert Saunders, CEO of Ownright. “Too often, buyers are simply told, ‘you’re good to go’ without knowing why. We’ve opened that box and built something digital, readable, and designed for real people.”

The digital review breaks down the status certificate into six core areas:

• General property and building information
• Building rules, restrictions, and bylaws
• Common expenses like monthly condo fees and potential special assessments
• Financial health of the condo corporation
• Insurance coverage
• Legal status of the corporation, such as lawsuits or compliance problems

Each section is written in plain language and includes helpful context and tips, and is all delivered through Ownright’s secure client portal. Buyers no longer have to rely on vague summaries or decipher dense legal documents. They can now log in, review the facts, and understand exactly what they’re signing up for.

This new feature doesn’t just benefit buyers—it supports real estate professionals, mortgage advisors and legal teams by streamlining communication and reducing confusion. When buyers better understand the risks and obligations, they’re more confident, more efficient, and more prepared to close. Most importantly, it gives buyers agency in a process that has traditionally left them in the dark.

The introduction of the Status Certificate Review completes Ownright’s end-to-end digital platform: from legal quotes and intake to document signing and now, status review, every step can be completed online with expert legal support. This is part of Ownright’s larger mission to digitize every step of the real estate legal process.

For more information about Ownright, please visit www.ownright.com.

About Ownright

Ownright is Ontario’s trusted law service for real estate transactions, designed to simplify home transactions through seamless automation, expert legal guidance, and a client-first approach. With thousands of transactions completed and over $1 billion in total transaction value, Ownright is the trusted legal partner for homebuyers, sellers, and real estate professionals across Ontario. Previously Doormat, the company rebranded to Ownright in 2025.

Contacts

Media Contact:
Samantha Berdini

Senior Account Manager, Category Communications

samantha@categorycomms.com
647-238-5256

TORONTO–(BUSINESS WIRE)–Dream Unlimited Corp. (TSX: DRM) (“Dream”) will be releasing its financial results for the quarter ended June 30, 2025, on Tuesday, August 12, 2025.

Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.

Conference Call:

Date:	Wednesday, August 13, 2025 at 10:00 a.m. (ET)
Audio:	1-833-752-4596 (toll free)
	647-849-3316 (toll)
Webcast:	A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream’s website at www.dream.ca and click on the link for the webcast.
Digital Replay:	A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream’s website.

About Dream

Dream has an established and successful asset management business, inclusive of $28 billion of assets under management as at March 31, 2025 across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We are a leading developer of exceptional real estate assets across Canada and Europe, including income properties that will be held for the long term as they are completed. We also develop land for sale in Western Canada. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities. For more information, please visit our website at www.dream.ca.

Contacts

For further information, please contact:

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

 

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office”) will be releasing its financial results for the quarter ended June 30, 2025, on Thursday, August 7, 2025.

Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.

Conference Call:
Date:		Friday, August 8, 2025 at 10:00 a.m. (ET)
Audio:		1-833-752-4470 (toll free)
		647-849-3272 (toll)
Webcast:		A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream Office’s website at www.dreamofficereit.ca and click on the link for the webcast.
Digital Replay:		A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream Office’s website.

About Dream Office

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

For further information, please contact:

Michael J. Cooper
Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang
Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (“Dream Industrial”) will be releasing its financial results for the quarter ended June 30, 2025, on Tuesday, August 5, 2025.

Senior management will be hosting a conference call to discuss the financial results. Participants may join the conference call by audio or webcast.

Conference Call:
Date:					Wednesday, August 6, 2025 at 11:00 a.m. (ET)
Audio:					1-833-752-4413 (toll free)
					647-849-3202 (toll)
Webcast:					A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the Calendar of Events on the News and Events page on Dream Industrial REIT’s website at www.dreamindustrialreit.ca and click the link for the webcast.
Digital Replay:					A taped replay of the call will be available for ninety (90) days. For access details, please click on the Calendar of Events on Dream Industrial’s website.

About Dream Industrial

Dream Industrial REIT is an owner, manager, and operator of a global portfolio of well-located, diversified industrial properties. As at March 31, 2025, Dream Industrial REIT has an interest in and manages a portfolio which comprises 336 industrial assets (549 buildings) totalling approximately 72.6 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to deliver strong total returns to its unitholders through secure distributions as well as growth in net asset value and cash flow per unit underpinned by its high-quality portfolio and an investment grade balance sheet. Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

For further information, please contact:

Alexander Sannikov
President and Chief Executive Officer

(416) 365-4106

asannikov@dream.ca

Lenis Quan
Chief Financial Officer

(416) 365-2353

lquan@dream.ca

 

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of July 2025. The distribution will be paid by Granite on August 15, 2025 to unitholders of record at the close of trading on July 31, 2025.

Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of July 31, 2025, pursuant to United States Treasury Regulation Section 1.1446-4.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 144 investment properties representing approximately 63.3 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Data Analysis and Retrieval+ (SEDAR+) which can be accessed at www.sedarplus.ca and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Senior Director, Legal & Investor Services, at 647-925-7504.

Contacts

Teresa Neto

Chief Financial Officer

647-925-7560

Andrea Sanelli

Senior Director, Legal & Investor Services

647-925-7504

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of July. The distribution will be payable on August 8, 2025, to unitholders of record as at July 31, 2025.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2025, our portfolio is comprised of 177 properties with an aggregate net leasable area of approximately 32 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Contacts

RioCan Real Estate Investment Trust

Investor Relations Inquiries

Email: ir@riocan.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 the Board of Trustees has declared a distribution for the month of July 2025 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.

Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on August 15, 2025, to unitholders of record as of the close of business on July 31, 2025.

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 U.S. $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 are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.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 it will be releasing its second quarter 2025 financial results before market hours on Thursday, August 7, 2025. Senior management will host a live conference call at 9:00 am ET on Thursday, August 7, 2025 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (289) 514-5100 or 1 (800) 717-1738. Additionally, the conference call will be available via simultaneous audio found at https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=FFF8E68E-BEA4-45E5-BFEE-1A5FCF4310EE&LangLocaleID=1033. A replay will be accessible until August 21, 2025 via the REIT’s website or by dialing (289) 819-1325 or 1 (888) 660-6264 (access code 47849#) approximately two hours after the live event.

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 U.S. $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 are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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-FR

Contacts

For Further Information

Investor Relations

+1 416 644 4264

ir@slateam.com

LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today that it will release its financial results for the second quarter ended June 30, 2025, after market close on Wednesday, August 6, 2025.

Management will host a conference call and webcast to discuss the results on Thursday, August 7, 2025, at 1:00 p.m. Eastern Daylight Time. During the call, company officers will review operating performance, discuss recent events, and conduct a question-and-answer session. The question-and-answer portion will be limited to registered financial analysts. All other participants will have listen-only capability.

Webcast Details:

A live webcast of the call will be available on the Investor Relations section of the Company’s website at investors.smartstopselfstorage.com. To access the live webcast, participants are encouraged to visit the site at least 15 minutes before the scheduled start time in order to register, download and install any necessary software. A replay of the webcast will be available on the Company’s website following the live event.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA) is a self-managed REIT with a fully integrated operations team of more than 600 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of July 10, 2025, SmartStop has an owned or managed portfolio of 229 operating properties in 23 states, the District of Columbia, and Canada, comprising approximately 164,300 units and 18.4 million rentable square feet. SmartStop and its affiliates own or manage 43 operating self-storage properties in Canada, which total approximately 36,400 units and 3.7 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com

Contacts

David Corak
Senior VP of Corporate Finance & Strategy

SmartStop Self Storage REIT, Inc.

IR@smartstop.com

PASADENA, Calif.–(BUSINESS WIRE)–#consultingandengineering—Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today the planned dates for its third quarter 2025 results and conference call.

On Wednesday, July 30, 2025, after market close, Tetra Tech intends to announce its third quarter 2025 results. On Thursday, July 31, 2025, at 8:00 a.m. Pacific Time, Tetra Tech plans to host a conference call to present and discuss the Company’s financial results and forward outlook.

Investors and other interested parties can access a live audio-visual webcast through a link posted on the Company’s website at tetratech.com/investors. The webcast replay will be available following the call.

About Tetra Tech

Tetra Tech is the leader in water, environment and sustainable infrastructure, providing high-end consulting and engineering services for projects worldwide. With 30,000 employees working together, Tetra Tech provides clear solutions to complex problems by Leading with Science^® to address the entire water cycle, protect and restore the environment, and design sustainable and resilient infrastructure. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn and Facebook.

Contacts

Jim Wu, Investor Relations

Charlie MacPherson, Media & Public Relations

(626) 470-2844

Latest funding round will accelerate the expansion of AI-powered maintenance and asset management platform as unplanned equipment downtime continues to cost industries billions annually.

SAN FRANCISCO–(BUSINESS WIRE)–#AI—MaintainX, the leading maintenance and asset management platform, announces today $150M in Series D funding. Key investors in this round include Bessemer Venture Partners, Bain Capital Ventures (BCV), D. E. Shaw Ventures, Amity Ventures, August Capital, Founders Circle Capital, Sozo Ventures, and Fifth Down Capital, as well as angel investors Rahul Mehta, co-founder of DST Global, and Dave McJannet, CEO of Hashicorp, among others. The new round of funding will allow MaintainX to expand its AI and machine health monitoring capabilities and partnerships, advance predictive maintenance solutions, and further develop enterprise asset management (EAM) capabilities. This investment brings the total raised to $254M while reaching a new valuation of $2.5B.

“Equipment failures cost companies $1.4 trillion annually, and many still rely on outdated tools. We built MaintainX to change that,” said Chris Turlica, CEO and Co-Founder of MaintainX. “In today’s unpredictable global environment where supply chain disruptions and external cost pressures are hard to control, our mission is more important than ever. I’m proud to see our customers offset external pressures by reducing unplanned asset downtime, parts, and labor costs while turning their frontline professionals into the knowledge workers they deserve to be with AI.”

MaintainX’s approach centers on amplifying human capability rather than replacing it. The platform puts AI-driven insights directly in the hands of both the technician on the shop floor and the executive in the boardroom – both of whom are accountable for uptime, safety, and performance. This human-AI collaboration approach transforms maintenance from reactive to proactive operational excellence.

This financing comes at a pivotal moment when industrial organizations face unprecedented pressure to maximize operational efficiency amid economic uncertainty, supply chain disruptions, and the ongoing shortage of skilled labor. As manufacturers and facility operators seek to extract optimal value from existing assets, MaintainX’s platform delivers the actionable insights needed to meet these converging challenges.

“MaintainX has achieved remarkable product-market fit by addressing a critical challenge that affects virtually every physical asset-driven industry,” said Byron Deeter, Partner at Bessemer. “What impressed us most was the overwhelmingly positive feedback from customers who have transformed their maintenance operations using the platform. Their AI-powered insights are what truly differentiates MaintainX in the market – this intelligent layer transforms raw operational data into predictive recommendations that drive unprecedented value creation. This investment reflects our confidence in Chris and MaintainX’s ability to lead the global digital transformation of maintenance and asset management.”

“Companies are increasingly turning to operational technology not just to improve performance, but to protect margins and preserve jobs,” said Merritt Hummer, Partner at BCV. “MaintainX is driving this shift, transforming maintenance from a manual, reactive process into a data-rich, AI-powered advantage. Their platform doesn’t just streamline workflows; it introduces a new operating model where AI surfaces insights, predicts failures, and unlocks entirely new revenue streams and efficiencies. This is a step-change in how businesses manage assets and plan for the future.”

The company will use the investment to:

• Advance its AI-powered asset and work intelligence capabilities.
• Expand its machine health monitoring capabilities and ecosystem of partners to capture real-time operational data through a sensor-agnostic approach that works with any industrial sensor or control system.
• Accelerate market expansion across key industries and geographic regions.
• Attract top talent to support its product roadmap while helping customers address the industrywide skilled labor shortage through more intuitive, AI-assisted workflows.

“With MaintainX AI, it is even easier to digitize our preventive maintenance workflows, and our technicians can now use CoPilot to get accurate, real-time answers the moment they need them instead of having to dig through lengthy manuals and data – it’s like having an expert on hand 24/7 to guide our team through any task. MaintainX has quickly become a trusted resource for our maintenance operations and has a big impact on the training and onboarding of our technicians,” said Jeremiah Dotson, Facility Maintenance Manager, Amfab Steel, Inc.

Since its founding in 2018, MaintainX has achieved significant milestones and impact in the industry, including:

• Serving over 11K companies worldwide, managing 11M+ assets across manufacturing, facilities management, food and beverage, distribution centers, and more.
• Helping customers achieve key success metrics, including reducing unplanned downtime by 34%, increasing production capacity by 15%, and achieving up to 32% savings in monthly maintenance costs.
• Processing over 27M work orders and 370K+ safety procedures annually.
• Recognized for innovation, including ranking in the top 50 of the Deloitte Technology Fast 500, as the #1 Enterprise Asset Management and CMMS provider in G2’s Summer 2025 Report, and as a Leader in the Verdantix 2025 Green Quadrant CMMS Report.

About MaintainX

Headquartered in San Francisco, MaintainX is a technology company pioneering a next-generation approach to AI-powered maintenance and asset management. It empowers frontline teams to reduce unplanned equipment downtime and boost production capacity. MaintainX leverages AI and IoT to connect asset and work intelligence data, providing real-time insights that drive proactive maintenance and operational excellence for customers across physical asset-driven industries. MaintainX operates in North America with additional support worldwide. MaintainX is reimagining how maintenance and operations can be designed and managed to address the realities of today and the future ahead. For more information, visit www.maintainx.com.

MaintainX is actively hiring for numerous roles and seeks talented individuals ready to join our team. Those interested in building the future of maintenance and asset management can search open roles and apply here.

MaintainX® is a registered trademark of MaintainX Inc.

About Bessemer Venture Partners

Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr Toast and ServiceTitan and currently has more than $19 billion of assets under management. Bessemer has investment teams located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

About Bain Capital Ventures

Bain Capital Ventures (BCV) is a multi-stage VC firm with over $10B under management. Investing across seven core domains—AI applications, AI infrastructure, commerce, fintech, healthcare, industrials and security, BCV offers distinctive access to Bain Capital’s broader industry expertise and portfolio of companies. For over 20 years, BCV has invested from seed through IPO and acquisition, backing more than 400 companies including Attentive, Bloomreach, Clari, Docusign, Flywire, LinkedIn, Moveworks, Redis, Rubrik and ShipBob.

Contacts

For media inquiries: press@getmaintainx.com

Investment included participation by global professional services firm, Hatch, and existing investors across Canada including Oxford Properties, Dorsay Development Corporation, and LandSure Systems Ltd.

TORONTO–(BUSINESS WIRE)–R-LABS, the real estate venture builder dedicated to co-creating and scaling companies that address the industry’s most pressing problems, announced today it has raised $3.5M (CAD) and expanded its partnership capabilities. The raise was led by Hatch, a global engineering, project delivery, and professional services firm and was joined by existing investors Oxford Properties, Dorsay Development Corp, and LandSure Systems Ltd.

The funds will expand R-LABS’ capabilities to co-found new companies with experienced entrepreneurs addressing Canada’s most complex sector challenges, particularly in housing affordability, climate resiliency, complete communities, and building optimization.

Beyond the investment, R-LABS welcomes Hatch as a partner to its ecosystem, joining a partnership of other leading innovative corporations and institutions across the real estate sector. In joining R-LABS, Hatch brings its global network of 10,000 professionals tackling some of the world’s most complex urban systems, infrastructure, and environmental challenges to growing new ventures in the R-LABS ecosystem.

“The challenges in real estate, housing, resilience, and economic productivity are not what is defining Canada today,” said George Carras, Founder and CEO of R-LABS. “What is defining us is how we are choosing to tackle them and this investment from Hatch adds world-class engineering strength to our growing collaborative partnership, accelerating bold ideas and uniting innovators, institutions, industry leaders, and game-changing entrepreneurs who are committed to building the next generation of great Canadian companies.”

“As entrepreneurs with a technical soul, Hatch welcomes the opportunity to contribute to the success of R-LABS. This is a great platform for us to combine our strengths with wonderful partners to tackle some of Canada’s—and the world’s—biggest challenges,” said John Bianchini, Chair and CEO, Hatch. “By joining R-LABS’ ecosystem, we’re unlocking new opportunities alongside other leading and innovative real estate companies making real impacts, helping solve climate change and realizing better places and outcomes for people.”

Examples of companies co-created with R-LABS include Assembly, a modular housing company providing turnkey sustainable wood construction solutions in urban markets for both market and affordable housing, and NOAH, an advanced flood risk platform helping insurers, lenders, and property owners understand and manage flood risk with patentable physics-based flood simulations, and unmatched hyperlocal data. Today’s funding announcement will further support emerging companies and founders who are driving innovation in housing affordability, climate resiliency, and building optimization across Canada.

“Addressing the housing crisis demands a bold rethinking of how we plan, design, and deliver new communities,” said Geoffrey Grayhurst, CEO, Dorsay Development Corp. “At Dorsay, we believe that lasting solutions come from collaboration — bringing together visionary partners who prioritize both environmental responsibility and social impact. Our investment in R-LABS reflects our commitment to advancing innovative ideas that strengthen communities and shape a more resilient future for the real estate industry.”

R-LABS is a unique partnership structure designed for long-term alignment providing forward-thinking corporations and institutions the opportunity to create strategic enterprise value through venture building and investment. R-LABS’ ecosystem of industry and limited partners includes 23 corporations and institutions across the broader real estate sector and is expanding its partnership in 2025 with strategic capabilities from engineering, construction, multi-family development, banking, finance, services, and technology.

To learn more, visit https://rlabs.ca/partners/.

About R-LABS

R-LABS is The Real Estate Industry Venture Builder, established in 2018 as a partnership of innovative corporations, institutions, industry organizations and game-changing entrepreneurs to build and grow great companies that solve major problems in real estate and housing. www.rlabs.ca

About Hatch

Whatever our clients envision, our teams can design and build. With over six decades of business and technical experience in the mining, energy, and infrastructure sectors, we know your business and understand that your challenges are changing rapidly. We respond quickly with solutions that are smarter, more efficient, and innovative. We draw upon our 10,000 staff with experience in over 150 countries to challenge the status quo and create positive change for our clients, our employees, and the communities we serve. Find out more on www.hatch.com.

Contacts

For more information:
Linda North

NorthPR

416-708-8012 | linda@northpr.ca