BETHESDA, Md.–(BUSINESS WIRE)–Enviva Inc. (NYSE: EVA) (“Enviva,” “our,” “we,” or the “Company”) today announced the closing of a senior secured term loan facility (the “Term Loan”) in the amount of $105 million, maturing in June 2027. Borrowing rates under the Term Loan are variable and calculated as SOFR plus 400 basis points. Enviva intends to use the net proceeds from the Term Loan to reduce borrowings under its senior secured revolving credit facility.

“We are pleased to complete our Term Loan financing as we commence 2023 and prepare for an exciting year ahead for Enviva,” stated Shai Even, Chief Financial Officer. “This facility provides us with additional financial flexibility as it increases available liquidity under our revolving credit facility.”

Enviva remains committed to conservatively managing its balance sheet and the Term Loan financing, excluding the impact of debt issuance costs, is leverage neutral to the Company.

About Enviva

Enviva 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 11th plant in Epes, Alabama. Enviva is planning to commence construction of its 12^th plant near Bond, Mississippi during 2023. 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 decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. 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.

Cautionary Note Concerning Forward-Looking Statements

The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, including those regarding the anticipated use of proceeds of the term loan are forward-looking statements. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms, and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Enviva disclaims any duty to revise or update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. Enviva cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Enviva. These risks include those described in Enviva’s filings with the Securities and Exchange Commission (the “SEC”), including the detailed factors discussed under the heading “Risk Factors” in Enviva’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as supplemented in the Company’s Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, June 30, and September 30, 2022.

Should one or more of the risks or uncertainties described herein and in any oral statements made in connection therewith occur, or should underlying assumptions prove incorrect, actual results and plans could different materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Enviva’s expectations and projections can be found in Enviva’s periodic filings with the SEC. Enviva’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

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

Contacts

INVESTOR CONTACT:
Kate Walsh

Vice President, Investor Relations

+1 240-482-3856

investor.relations@envivabiomass.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 its distribution declared for the month of January 2023 is $0.0300 per Trust unit, equal to $0.3600 per Trust unit on an annualized basis. Payment will be made on or about February 15, 2023, to unitholders of record on January 31, 2023.

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

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

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of January, 2023 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on February 15, 2023 to Unitholders of record at the close of business on January 31, 2023.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

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

Contacts

For further information:

Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

Avid Ratings acquires H2insight Homebuilder Operations creating the most comprehensive benchmarking dataset and solutions in the homebuilding industry.

MADISON, Wis.–(BUSINESS WIRE)–Avid Ratings, the leading customer experience platform and solution for the homebuilding industry, announced today that it has acquired the H2insight Homebuilder Operations. H2insight is a multi-industry provider of customer feedback and engagement solutions.

The acquisition will allow Avid Ratings to expand its offerings across a broad customer base of homebuilders throughout the US and Canada, which includes a comprehensive suite of customer feedback and analytics tools and the most extensive benchmarking dataset in the homebuilding industry. These capabilities will further enable Avid Ratings to provide in-depth analysis of customer sentiment and market trends in the new construction space, providing proprietary insights to homebuilders looking to improve their operations. Avid will continue operating and maintaining the H2insight solution for homebuilder customers, and will be bringing on Vince Kudla (CEO) and the customer success group for ongoing support.

“We are thrilled to welcome the H2insight team to the Avid Ratings family,” said Aaron Everson, CEO of Avid Ratings. “The addition of H2insight will allow us to expand our customer base of top builders and offer them even more value to build stronger, more successful businesses based on data-driven insights and benchmarking.”

H2insight CEO, Vince Kudla, added, “Joining forces with Avid Ratings will allow us to bring cutting-edge customer feedback solutions to an even wider audience. We look forward to helping our combined clients build stronger relationships with their customers and drive business growth.”

About Avid Ratings:

Avid Ratings is the leading provider of customer experience software and is the only complete industry solution for homebuilders, remodelers, specialty contractors and other homebuilding industry professionals. Through its suite of survey, analytics and benchmarking tools, Avid Ratings helps the homebuilder community meet the needs of their homebuyers and customers leading to improved operations and increased customer satisfaction and loyalty. For more information, visit https://www.avidratings.com/.

About H2insight Homebuilder Operations:

H2insight Homebuilder Operations is a leading provider of customer experience management solutions and benchmarking to the homebuilding industry. Its comprehensive suite of online survey and reporting tools, outbound calling capabilities, and robust response rates enables clients to better understand and improve their customer experience and transform enhanced customer loyalty into revenue. For more information, visit https://www.H2insight.com/.

Contacts

Kyle Faino

kyle.faino@avidratings.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 January 2023 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 February 15, 2023 to unitholders of record as of the close of business on January 31, 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 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 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-Dist

Contacts

Investor Relations

+1 416 644 4264

ir@slateam.com

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 January 2023 of C$0.0333 per trust unit of the REIT, representing $0.40 per unit of the REIT on an annualized basis.

The distribution will be payable on February 15, 2023 to unitholders of record as of the close of business on January 31, 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

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir Poleg will be presenting at the Sidoti Micro Cap Virtual Conference on Wednesday, January 18, 2023 at 10:00am ET.

Real’s remarks will be broadcast live and can be accessed by interested parties at the link below, and in the “Investors” section of www.onereal.com.

Date: Wednesday, January 18, 2023

Time: 10:00am ET

Webcast link: https://sidoti.zoom.us/webinar/register/WN_lfkBnCnLQhSBb7vZo919ig

About Real

The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. We provide a digital brokerage platform for agents, while working to build a better end-to-end home buying experience for consumers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 8,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

For additional information, please contact:

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

CHARLOTTETOWN, Prince Edward Island & MONTREAL–(BUSINESS WIRE)–The Canadian Alliance for Skills and Training in Life Sciences (CASTL) announced today its expansion into Quebec with the location of their future Biomanufacturing Training Facility in Montreal.

Located at 4100 Molson Street, in the heart of the Technopôle Angus, the new 4544 square foot training facility will contain leading-edge pilot-scale bioprocessing equipment that will allow employees to gain practical skills that are immediately transferable to process scale-up and clean room environments. The facility will be equipped with laboratories and classroom spaces built to deliver the highest quality bioprocessing training. With this new facility, CASTL can deliver on-site customized hands-on and theoretical training for entry-level employees through to senior management and post-secondary students.

“CASTL is excited to buildout partnerships with academia, industry, and government in Quebec to address the future skills needs of the bioscience sector. This new facility located in Technopôle Angus responds to the demand for highly skilled personnel in Quebec’s growing biomanufacturing sector. We’re pleased to partner with Société de développement Angus on this initiative,” said Penny Walsh-McGuire, Executive Director, CASTL.

Located just a few kilometres from downtown Montreal in the heart of the Rosemont-La Petite-Patrie borough, Technopôle Angus is a significant health care hub in East Montreal and houses public and private medical clinics and many organizations offering research, health, and wellness services.

“The arrival of the CASTL Biomanufacturing Training Facility at Technopôle Angus marks a step forward in our efforts to establish the Personalized Healthcare Zone in eastern Montreal. We are looking forward to trainees coming to the facility and discovering everything this site has to offer,” said Christian Yaccarini, CEO of la Société de développement Angus.

In April 2022, CASTL announced the intent to establish a biomanufacturing training facility in Quebec. The facility development is made possible through a contribution of $2.5 million from the Quebec Government. It is expected to open in Fall 2023.

“This new training centre will strengthen our province’s expertise in the areas of health and innovation, as well as bolster Quebec and Montreal’s position as leaders in the life sciences field. It’s a major asset to develop and attract new talents in the east end of Montreal,” said Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister Responsible for Regional Economic Development and Minister Responsible for the Metropolis and the Montreal Region.

A national initiative supporting Canada’s life sciences ecosystem, CASTL offers training specializing in biopharmaceutical manufacturing. CASTL is supported by National Lead Partner adMare BioInnovations and its adMare Academy.

“As a major hub of biotechnology and innovation, Montreal is a phenomenal choice for CASTL’s new biomanufacturing training facility,” says Christine Allen, adMare’s VP of Ecosystems. “adMare is thrilled to welcome CASTL to Montreal, where we can continue to work closely together to train the talent in the Canadian life sciences ecosystem, as their national lead partner.”

In September 2022, CASTL opened its first biomanufacturing training facility in Charlottetown, Prince Edward Island. Additional facility locations within Canada are being considered to ensure broad geographic access to this type of critical training.

For more information on CASTL’s Biomanufacturing Training Programs visit www.castlcanada.ca or email info@castlcanada.ca.

About CASTL

The Canadian Alliance for Skills and Training in Life Sciences (CASTL) is a first-of-its-kind partnership between academia, industry, and government to address the future skills needs of the Canadian life sciences sector. Specializing in biopharmaceutical manufacturing, CASTL delivers on the economic and sectoral demand for individuals who are work-ready to enter, thrive and meet the needs of the fast-growing Canadian biomanufacturing industry. CASTL is the exclusive provider of the National Institute for Bioprocessing Research and Training (NIBRT) licensed training programs in Canada. Based in Ireland, NIBRT develops and delivers state-of-the-art training and education programs for the world’s leading biopharmaceutical manufacturing companies and partner academic institutions. CASTL is supported by National Lead Partner adMare BioInnovations and its adMare Academy.

www.castlcanada.ca

About Société de développement Angus

Developer, manager and brainchild behind the Technopôle Angus, the SDA is a social-economy enterprise that develops real estate projects that drive urban revitalization. The organization adheres to the principles of sustainable development in an effort to create significant spin-offs for local communities. Technopôle Angus is both an urban revitalization project and a “full-scale” sustainable-development and social-innovation lab. Today, the sector is thriving thanks to all of the organizations, businesses, and commercial establishments in the area. The new eco-district across from Jean-Duceppe Park bustles with workers and thousands of residents from all walks of life, including students and families.

www.sda-angus.com

About adMare BioInnovations

With a wealth of globally competitive scientific discovery, Canada is primed to lead the life sciences world. To make this a reality, at adMare BioInnovations, we use our scientific and commercial expertise, specialized R&D infrastructure, and seed capital to build strong life sciences companies, robust ecosystems, and industry-ready talent — and re-invest our returns back into the Canadian industry to ensure it is sustained for the long-term. As part of our commitment to build talent, we have created the adMare Academy, dedicated to providing the specialized training required to foster the next generation of highly qualified personnel who will drive the growth of Canadian life science companies.

www.admarebio.com

Contacts

Media
Chelsey Rogerson

Director of Communications and Marketing

CASTL

C: 902.213.7351

E: chelsey@castlcanada.ca

NEW YORK–(BUSINESS WIRE)–Fifth Wall—the ¹largest venture capital firm focused on technology for the global real estate industry—including those which decarbonize the sector, today announced its expansion into Asia-Pacific (APAC) with the notable appointment of industry veteran Yvonne Voon as a Partner covering APAC and opening of the firm’s Singapore office, its first in the region.

Fifth Wall is the largest built world technology investor with a focus on PropTech and Climate Tech in North America and Europe boasting more than 110 strategic limited partners (LPs) from more than 15 different countries with approximately $3.2B under management. Fifth Wall has previously attracted some of the leading APAC investors including CDL, Keppel Land, MITSUBISHI ESTATE CO., LTD, and NZ Super Fund, among others.

“As the largest and most active built world technology investor across North America and Europe, Fifth Wall has long had ambitions of expanding into Asia,” said Brendan Wallace, Co-Founder & Managing Partner at Fifth Wall. “We are thrilled to welcome a senior leader like Yvonne to our team to further propel our commitment to PropTech and Climate Tech globally, replicating our leading position with an expansion to Asia.”

Voon joins the firm after serving as Head of Group Capital Raising for APAC logistics property specialist, LOGOS Property. Prior to LOGOS, Voon had a nearly fourteen year tenure at Credit Suisse, most recently serving as the global investment bank’s Head of Southeast Asia Real Estate, Investment Banking and Capital Markets. Voon holds a Bachelor of Commerce from The University of Melbourne. Voon’s based in Singapore.

“Over the course of my tenure fostering and expanding investor relations, Fifth Wall and their expansive LP network across both the US and Europe has long been on my radar,” stated Voon. “I am excited to leverage my long-standing investor relationships and deep market expertise at the critical intersection of technology and real estate to help accelerate the growth of PropTech and Climate Tech across the APAC region.”

Since Fifth Wall was founded in 2016, PropTech investment in North America grew at a compound annual growth rate of 43% while APAC (ex-China) has grown at a rate of 58%. Today, investment in PropTech is growing faster in APAC than the global growth rate of 26%. The PropTech ecosystem in the region is flourishing, garnering increasing interest from North American VCs, with over 1,000 North American VCs active in Asia.

About Fifth Wall

Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry. With approximately $3.2B in commitments and capital under management, Fifth Wall connects many of the world’s largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World. Fifth Wall is backed by a global mix of more than 110 strategic limited partners (LPs) from more than 15 countries, including BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, Hilton, Host Hotels & Resorts, Ivanhoé Cambridge, Kimco Realty Corporation, Lennar, Lowe’s Home Improvement, Marriott International, MetLife Investment Management, MGM Resorts, Related Companies, Starwood Capital, Toll Brothers, and others. Fifth Wall believes this consortium represents one of the largest groups of potential partners in the global Built World ecosystem, which can result in transformational investments and collaborations with promising portfolio companies. For more information about Fifth Wall, its LPs, and portfolio, visit www.fifthwall.com.

¹Based on assets under management as of January 12th, 2023

Contacts

Elise Szwajkowski

Head Of Communications, Fifth Wall

eszwajkowski@fifthwall.com
773-326-8546

CALGARY, Alberta–(BUSINESS WIRE)–#ESG–Zenbase has partnered with Mainstreet Equity (TSX: MEQ) to offer flexible rent payment options to all residents across its over 16,500 units across British Columbia, Alberta, Manitoba, and Saskatchewan. Zenbase is a leading provider of flexible rent payments, and their personal budgeting tool allows residents to split their monthly rent into two payments. This allows Mainstreet to offer even more value to their residents while reducing residents’ financial stress.

Trina Cui, CFO of Mainstreet Equity said: “Zenbase has delivered an easy-to-use and convenient payment option that has proven to be valuable for our residents, helping to relieve financial pressures by splitting rent payments throughout the month. Our residents are important to us, so Mainstreet will continue to explore innovative means to support the communities we serve and improve the housing affordability experience for our residents.”

Koray Can Oztekin, CEO and Founder of Zenbase, said: “We collaborate with like-minded companies who want to improve the financial health of their residents by offering our powerful budgeting tool. Mainstreet has embraced our solution to empower their residents to make budgeting easier with increased cash flow for other expenses between paychecks while never having to worry about paying their full rent on the 1^st of the month.”

About Zenbase

Zenbase, a leader in flexible rent payments, is committed to economic inclusion that fosters financial empowerment for renters. Our solutions improve the financial wellness of renters while improving operational efficiency for property managers. Rent is usually due on the 1st of the month but that doesn’t align with most people’s bi-monthly pay cycle. We’ve fixed that misalignment and provide other financial tools to help level the playing field. Learn more: https://myzenbase.com/

About Mainstreet

Mainstreet is publicly traded on the Toronto Stock Exchange (TSX: MEQ). As at Q4 2022, assets were valued at CDN $2.9B. Since going public, Mainstreet has continued to grow its assets organically; its double-digit compounded annual growth continues today. Current holdings consist of over 16,500 apartments across western Canada (BC, AB, SK, MB). Along with this healthy balance sheet success, Mainstreet is a proud champion of affordable housing. Learn more: https://www.mainst.biz

Contacts

Zenbase Press Contact:
Philipp Postrehovsky

philipp@myzenbase.com
604-657-2775

Mainstreet Equity Corp. Press Contact
Mainstreet Equity Communications

communications@mainst.biz
403-215-6071

TORONTO–(BUSINESS WIRE)–Slate Asset Management (“Slate”), a global alternative investment platform targeting real assets, announced today that it is furthering its commitment to transit-oriented mixed-use communities in the Greater Toronto Area with the submission of two development applications to the City of Mississauga (the “City”) for the properties located at 2077, 2087, 2097, and 2105 Royal Windsor Drive (the “Clarkson GO Site”) and 1250 South Service Road (the “Dixie Site”). Slate’s proposals envisage two complete, highly-accessible mixed-use communities inclusive of a range of housing forms, improved public and pedestrian spaces, and new public and private amenities.

“After years of thoughtful study and public engagement, we are very pleased to be putting forward these proposals to create two vibrant, transit-oriented mixed-use communities within Mississauga,” said Brandon Donnelly, Managing Director, Development at Slate. “We identified these sites years ago as high-impact urban infill projects where we could apply our placemaking experience to bring to life more sustainable, people-centered developments. Our objective is to unlock the inherent potential of these two sites in a way that will benefit the City and surrounding areas for years to come, adding much needed homes, exciting retail and commercial uses, enhanced walkability, and new amenities and green spaces throughout.”

Donnelly added: “There is an overwhelming need for a diversity of housing options to meet the ever-expanding housing demands that North American cities are facing. Our goal is to work collaboratively with the City and local stakeholders to bring a comprehensive vision to life that includes new mixed-income housing.”

Dixie Site
The Dixie Site is located along the northwest boundaries of Dixie Outlet Mall and benefits greatly from the accessibility of nearby road systems and public transit routes. Slate has submitted an Official Plan Amendment and Zoning By-law Amendment to the City to redevelop 7.1-acres of the larger 35.5-acre site, currently home to the Dixie Outlet Mall, proposing the creation of a 21st century mixed-use urban garden community. Slate’s development plan is based on years of community engagement and consultant studies and will add much needed housing alongside the existing retail space, including a range of suite types and sizes designed to cater to a diverse set of incomes, ages, and life stages.

The Dixie Site plan includes three elegantly designed mixed-use buildings that will provide over 1,200 new residential homes, retail and recreational opportunities, as well as 3.5-acres of park space and publicly accessible lands. Slate also plans to add new pedestrian connections and multi-modal trails within the site and add to existing trails and parks in the area, encouraging walkability and accessibility to the existing transit terminal located south of Queen Elizabeth Way and west of Dixie Road.

The Clarkson GO Site
The Clarkson GO Site is approximately 3.7-acres and is currently occupied by four, one-storey commercial buildings. Slate has submitted an application for an Official Plan Amendment and Zoning By-law Amendment that aims to achieve a mixed-use, transit supportive redevelopment, creating a strategic use of land in an evolving area of Mississauga. Slate began working on plans for the Clarkson GO Site in 2016 and has completed various studies and reports on behalf of the City to further Slate’s application and the City’s master plan for the area.

The preliminary development concept proposes a mixed-use development of four residential buildings comprising over 1,200 new residential homes and introduces new retail and live-work uses situated at grade. Slate plans to create a pedestrian-focused central spine within the site that will greatly improve walkability and enhance safe and continuous access to the adjacent Clarkson GO station to encourage the use of public transit. This connection aims to transform the current transit node into a more sustainable pedestrian urban community. Additionally, the introduction of retail patios in this corridor and surrounding the site will animate the pedestrian spine and public spaces.

Development applications were submitted for both sites in December 2022. Slate and the City hosted numerous stakeholder meetings over the past several years that reached tens of thousands of local community members and helped inform aspects of these development applications. Slate will look forward to continued engagement with the City and the surrounding community to transform these sites into thousands of new homes and vibrant mixed-use communities.

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.

Contacts

Slate Asset Management

Karolina Kmiecik

Head of Communications

Karolina@slateam.com

IRVING, Texas–(BUSINESS WIRE)–HighGround Restoration Group, Inc., a portfolio company of Trivest Partners LP (“Trivest”), announces the acquisition of Rocky Mountain Restoration (“Rocky Mountain Restoration” or the “Company”) (https://www.rmraz.com/). Rocky Mountain Restoration is a leading property damage restoration company, headquartered in Mesa, AZ, that services the greater Phoenix, Arizona metro area. The Company provides 24/7 emergency restoration services to residential and commercial consumers including water damage restoration, mold remediation, fire damage restoration and trauma and biohazard cleanup.

Founded in 2009 by CEO Adam Webster, Rocky Mountain Restoration has built a 13-year track record of growth that is driven by a commitment to preventing the common pitfalls that customers may encounter during the restoration process. The Company’s growth is also attributed to the training and development of their team to embody their core values of being humble, caring about others, getting it done, and always learning and growing while being positive and fun.

HighGround’s Chief Executive Officer, Ben Balsley stated, “Adam and his leadership team have built a great company. With its track record of growth, commitment to customers, strong culture, and proven execution, Rocky Mountain is a perfect fit for our growing family of brands. I’m looking forward partnering with this team to continue the Company’s momentum as we unlock new opportunities through the HighGround platform.”

Through the partnership with HighGround, Rocky Mountain Restoration will preserve its brand while gaining dedicated capital and support capabilities including integrated technology, reporting and analytics, lead generation, and centralized recruiting. Coupled with the population growth in Phoenix, the HighGround partnership creates multiple growth opportunities to expand Rocky Mountain Restoration’s footprint and service capabilities in the metro area.

Adam Webster, CEO of Rocky Mountain Restoration added, “The partnership with HighGround is going to help us continue to provide exceptional service, continued company growth, and a best-in-class workplace culture. I am super excited about what this partnership will mean for the families that are behind all of our team members.”

“We are very excited to be partnering with Adam and the Rocky Mountain team. Each HighGround investment has fit squarely within Trivest’s core strategy of investing in growing, founder-owned businesses, and Rocky Mountain Restoration is no exception. Over the past three years alone, HighGround has acquired nine leading brands in the water damage mitigation and restoration space. With the addition of RMR, we believe HighGround is well on its way to building one of the most successful companies in the sector,” said Forest Wester, Partner with Trivest.

With this new addition to the HighGround family of brands, the portfolio now includes the following restoration companies: Dry Force, Cleanup & Total Restoration (CTR), Power Dry, More Floods, Dririte, Northeast Power Dry, Same Day Restoration, PureDry Restoration, and Rocky Mountain Restoration. These brands represent every region of the US, and HighGround is actively seeking to add brands and partner with founders that share its focus on people, service, and growth. If you are interested in learning more or joining the HighGround family of brands, reach out at information@highgroundnow.com or visit www.highgroundnow.com.

About HighGround:

No one’s ever prepared for the chaos that comes with water, mold, fire, or smoke damage. And some contractors only make it worse. The property owner needs help from someone who knows what they’re doing – and who genuinely cares. And that’s why our family of brands come to work every day.

HighGround brands help customers who have suffered water or fire damage by providing 24/7/365 drying and clean up services coupled with reconstruction contracting, all while engaging with the customer’s insurance company to ensure seamless claims processing. Our brands have developed a robust referral program with residential and commercial partners by offering services such as hosted education and training, reporting and analytics, and competitive incentive compensation. This comprehensive approach allows HighGround to stay top of mind with these key referral relationships.

About Trivest:

Trivest Partners, with offices in Miami, Charlotte, Chicago, Los Angeles, Philadelphia, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada, in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 400 investments, totaling approximately $7 billion in value. The firm has roughly $4.5 billion in assets under management, with a growing team of over 65 professionals. Trivest has been recognized by Inc. Magazine as a founder-friendly private equity firm in four consecutive years. Learn more at www.trivest.com

Contacts

Brian McNeal
Email: brian.mcneal@highgroundnow.com