Company has sold more than $150 million worth of homes in Ottawa, Toronto and Sudbury following $34 million seed funding round

OTTAWA, Ontario–(BUSINESS WIRE)–PropTech innovator Unreserved today announced that it has entered the residential real estate market in Windsor, Ontario. Unreserved addresses consumers’ biggest pain points when buying and selling a home by leveraging their proprietary technology that provides 100% transparency to buyers while maximizing the upside for sellers. Investors in the $34M seed round earlier this year – the largest in Canadian history – included CEO Ryan O’Connor, Chairman of the Board and former CEO of Royal Lepage Simon Dean, technology investor Jason Chapnik of Intercap, and numerous real estate professionals.

“Windsor is a key market for us as we expand our presence in Ontario and throughout Canada,” O’Connor says. “Local home buyers and sellers have been hurt by a lack of transparency in the residential real estate market because so many aspects of pricing and transactions are kept hidden from them. Our approach is about openness through technology that empowers everyone to have full information to make informed decisions. This is the future of the real estate industry, and we are proud to bring it to Windsor.”

The process starts with a seller requesting a home appraisal and a team of Unreserved listing experts working with them to confirm their target price and closing dates. As a full-service real-estate company, Unreserved offers construction, staging, marketing, and promotion to help attract qualified buyers with specialized photos and video walkthroughs of a given listing. Open houses and private showings are coordinated with verified buyers to ramp up interest. Home inspection reports and market comparables are provided publicly on the listing page, and, most importantly, everyone can watch a transparent bidding process unfold right in front of them. Unreserved is also offering an industry-first, 12-month warranty on homes sold on its platform.

About Unreserved

The Unreserved technology platform is paving the way for a transparent way to buy and sell homes allowing buyers to bid on homes in a real-time online auction environment, removing blind-bidding and bully offers from the equation. In addition, Unreserved is a full-service auction company, offering staging, marketing, and promotion to attract qualified buyers and interested sellers.

Contacts

For Unreserved Media & PR Inquiries, please contact:
Richard Berman

richard@verbfactory.com
1 (647) 294-8372

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting second quarter 2022 results on Thursday, July 21, 2022 after-market hours.

Management will host a conference call the next day on Friday, July 22, 2022 at 9:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial (240) 789-2714 or (888) 330-2454 and enter the event passcode: 4788974. The link to the audio webcast will be available on www.choicereit.ca/events-webcasts.

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

Angelica Muere

Senior Manager, Marketing and Communications

T 416 628-7794

E Angelica.Muere@choicereit.ca

Scottsdale-based Walton Global acquires the historic Smoke Tree Resort Property

PARADISE VALLEY, Ariz.–(BUSINESS WIRE)–Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, is pleased to announce its acquisition of the Smoke Tree Resort property located west of Scottsdale Road on Lincoln Drive in the Town of Paradise Valley, Arizona.

The deal closed on June 29, 2022, with ST Holdings, a subsidiary of Scottsdale-based Walton Global Holding, LLC. Walton acquired the 5-acre property for $14 million with plans to build a new boutique hotel that will serve locals and support Arizona tourism.

Walton intends to incorporate an elegance in the new design that Paradise Valley is known for and avoid controversial elements that have challenged Smoke Tree and other hotel redevelopments in the past such as roof top bars, condominiums, for-sale units, height, density and other concerns that have hampered revitalization efforts in the past.

The distinctive and strategically positioned property was subject to bankruptcy and now has fresh opportunities and a renewed sense of optimism.

“As a Paradise Valley resident for 15 years, I have driven past the Smoke Tree Resort often wondering why it sat dormant for so many years. When Walton was introduced to the opportunity to acquire the resort and learned about its financial challenges, we acted quickly, conducted our diligence and secured the property. I’m excited about our goal to revive this historic landmark into a place that Paradise Valley residents and Phoenix as a whole can point to again as a prime destination to experience that also meets the high standards of the community’s ethic,” said Walton Global executive vice president of Business Development, Matt Keister.

The Smoke Tree Resort was originally built in 1954. The resort’s Lincoln Drive facing restaurant – The Other Place – was also a Paradise Valley landmark but attempts to reopen under new management ultimately failed and the restaurant has been shuttered for over a decade.

Walton is already surrounding itself with “best in class” professionals including Allen & Philp, an architectural firm based in Scottsdale with an exceptional hotel portfolio that includes The Sanctuary, The Boulders, Fairmont Princess, and several other award-winning hotel properties.

“I believe Walton’s vision will be consistent with Paradise Valley’s wishes and sensitivities and our capital is patient. It is extremely important to us to listen to the Town of Paradise Valley Council and the community before we finalize our designs. We are looking forward to achieving a consensus that will result in an extraordinary gathering place for the residents of Paradise Valley that will also produce economic benefits for the Town and Arizona,” said Walton Global CEO Bill Doherty.

Walton intends to reach out to Paradise Valley residents to solicit input before hotel design plans are finalized.

“Feedback we receive from surrounding residents will be integrated into the future vision of the new hotel. And to ensure that transparency and communication remains open throughout the project’s evolution, we will be creating platforms such as a website and social media sites to post routine updates. We want our Town to embrace the project and to be proud of what we feel is the gateway to Paradise Valley,” Keister said.

About Walton Global

Walton Global is a privately-owned, leading land asset management and global real estate investment company that concentrates on the research, acquisition, administration, planning, and development of land. With more than 43 years of experience, Walton has a proven track record of administering land investment projects within the fastest growing metropolitan areas in North America. The company manages and administers US$3.6 billion in assets on behalf of its global investors located in 73 countries, builders and developers and industry partners. Walton has more than 97,000 acres of land under ownership, management and administration in the United States and Canada with business lines ranging from exit-focused pre-development land investments, builder land financing and build-to-rent. For more information visit walton.com.

Contacts

Mike Scerbo

Rose+Allyn Public & Online Relations

Office: 480.423.1414

Mobile: 602.615.6523

mscerbo@roseallynpr.com

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) will be releasing its financial results for the quarter ended June 30, 2022, on Wednesday, August 3, 2022, after the market closes. Senior leadership will be hosting a conference call, webcast and presentation on August 4, 2022.

Conference Call:
Date:	Thursday August 4, 2022, at 10:00 a.m. (ET)
Dial:	For Canada please dial: 1-833-950-0062
	For International please dial: 1-929-526-1599
Passcode:	700941
Webcast:
Link: Please go to the Investor Relations section on Primaris’ website or click here.

The call will be accessible for replay until August 18, 2022, by dialing 1-226-828-7578 with access code 513208, or on the Investor Relations section of the website.

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 11.3 million square feet and is valued at approximately $3.3 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.

Category: Corporate

Contacts

For more information:
Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com
www.sedar.com

The Company’s Deepened Commitment To The Canadian Marketplace Is Bolstered By New Strategic Sales Director Stephanie Gaty—Former CoStar And Altus Executive

TORONTO–(BUSINESS WIRE)–Dealpath—the industry’s most trusted, purpose-built real estate platform, empowering hundreds of top institutions from Blackstone, Nuveen, AEW, Oxford Properties, Principal Real Estate, Metlife to Bridge Investment Group to invest in the built world—today announced the notable opening of its new office in Toronto, Canada. The location will empower the firm to expand its Canadian client base, tap into Toronto’s hub of skilled talent from surrounding top universities and provide access to core institutional capital invested in real assets as it continues rapid, strategic growth.

In tandem with expanding its existing office portfolio, Dealpath is also bolstering its executive suite with the addition of Canadian real estate veteran, Stephanie Gaty as Strategic Account Director. Gaty joined Dealpath in May 2022 after nearly three years as an integral Senior Sales Executive at CoStar Group. Prior to CoStar, Gaty held essential roles at Altus Group and AP Capital Management. Gaty earned a Bachelor of Science at McGill University, in addition to a Master of Finance / Investment within Real Estate at NYU.

“This is a critical milestone for Dealpath, as we’ve long been laser focused on deepening our roots within the Canadian community,” shared Mike Sroka, CEO and Co-Founder, Dealpath. “This will allow us to not only be closer to our valued real estate customer base, but also attract Toronto’s unmatched tech talent. As we continue tracking towards rapid, meaningful market expansion, Stephanie is an invaluable asset.”

Dealpath currently boasts an impressive roster of leading Canadian players including Oxford Properties Group, First Capital Realty, Fiera Properties, Manulife Investment Management, HOOPP, CentreCourt Developments, Hopewell Development, Crestpoint Real Estate Investments, Le Groupe Maurice & more.

“With deep roots at the crossroads of commercial real estate and technology, I’ve always been drawn to Dealpath’s core product suite and strategic vision for the future of deal management,” stated Gaty. “As the company continues to strengthen its position as a clear leader in property innovation, I’m thrilled to support their next stage of growth, adding to their targeted client-focused, innovation driven approach.”

Dealpath’s existing team features many Canadians, operating across multiple offices to support global growth. The firm’s actively hiring for the office, located at 240 Richmond St West. It opened June 1, 2022.

In addition to its brand new Toronto office, Dealpath has headquarters in both New York City and San Francisco. To date – Dealpath has supported an impressive more than $10 trillion in transactions globally.

Catch up with Dealpath in-person at the Toronto Real Estate Forum November 30-December 1, 2022.

About Dealpath — Dealpath is the industry’s most trusted cloud-based real estate investment management platform, providing real-time access to vetted, secure, up-to-date investment data to empower collaboration, strategic, and predictive decisions. Investment and development firms leverage Dealpath as their command center for smart pipeline tracking, powerful deal analytics & collaborative workflows–driving maximum performance from pipeline to portfolio management. Founded in 2014, Dealpath has supported over $10 trillion in transactions with leading institutions across the world. For more information — visit our website at dealpath.com and follow us on LinkedIn.

Contacts

Media:
Elise Szwajkowski

Marino; Vice President

eszwajkowski@marinopr.com
(212) 402-3495

The housing market has missed the technology wave of the past few decades. But tight supply/demand and affordability concerns following the pandemic are leading to increasing PropTech solutions that drive efficiency throughout the real estate transaction.

NEW YORK–(BUSINESS WIRE)–Citi today released a new Citi Global Perspectives & Solutions (Citi GPS) report in its Home of the Future series that takes another look at the housing market. Home of the Future: PropTech – Towards a Frictionless Housing Market? covers the emergence of PropTech, or fintech for real estate, in the U.S. housing market.

Home listings went online back in the mid-2000s with the launch of Zillow and that information was opened up to the broader public versus being walled off through protected subscriptions for realtors only. However, other parts of buying a house, such as getting a mortgage or title insurance – is ripe for disruption still.

“The process of buying a house is pretty painful with the large amount of paperwork. And while some frictions in the buying process are healthy, there is a big opportunity to streamline things,” noted Roger Ashworth, Head of U.S. Non-Agency MBS Strategy. “That’s where PropTech comes in – to look for those efficiencies in the market.”

Tech advancements in housing finance operations (e.g., mortgage origination, title insurance) are opening up ways to reduce paperwork and drive efficiency. Meanwhile, blockchain technologies could introduce further innovation, such as through smart contracts and the tokenization of real estate assets.

Other important notes the report covers on the move towards a frictionless housing market are:

• Innovation is happening in terms of business models as well, with the rise of home equity investment contracts, iBuyers (a company that uses technology to make an offer on your home instantly) and institutional single-family rentals (SFRs).

• Home equity investment contracts could deliver double-digit returns for co-investors of a property, while at the same time helping consumers tap some of the record-high equity in the housing market.

• iBuyers purchase homes for resale and offer a variety of services to home sellers from offer pricing to renovating.

• Institutional single-family rentals (SFRs) make up three percent of the SFR market and are poised for growth.

The report serves as a resource for others based on how Citi sees opportunities for advancement in the housing market with the support of tech advancements and investments.

About Citi:

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi.

Contacts

Media:
Susannah Gullette – Citi Research

susannah.gullette@citi.com

With Avetta One implementation, QuadReal gains greater supply chain visibility, deepens vendor relationships and improves insurance compliance

OREM, Utah & HOUSTON–(BUSINESS WIRE)–#riskmanagement—Avetta®, the leading provider of supply chain risk management (SCRM) software, has partnered with QuadReal Property Group to enhance the company’s Code of Conduct & Ethics data collection through the Avetta One™ platform. This partnership has offered QuadReal a new tool for relationship building and greater visibility into its supply chain operations, allowing for automated data collection and increased risk management.

The Avetta One™ Platform is a single-source solution for managing operational, reputational and regulatory compliance risks. The platform reduces safety, liability, sustainability, workforce, cybersecurity and financial risks for corporations, suppliers, contractors and their workers.

Avetta One delivers an unprecedented view of risks through multi-risk analytics, supplier risk trends and supplier performance benchmarking. The platform uses almost two decades of data from millions of collected data points to provide real-time views on risks and delivers alerts on deviations from baseline measures. The analytics software includes customizable, interactive dashboards to gain insights that help build supply chain confidence.

With Avetta One prequalification, clients like QuadReal are assured contractors meet all compliance and regulatory requirements, including documentation of contractors’ skills and credentials. Avetta One provides additional insights into contractors’ safety data, insurance status and service offerings. For insurance, Avetta One provides a full-scale view of the various insurance types suppliers use, as well as their levels of coverage. Insurance coverage is automatically verified every year.

“When vendors achieve compliance with our requirements through the Avetta platform, we are confident in the quality and completeness of the information they share with us,” said Nada Sutic, vice president, programs & policy at QuadReal. “The Avetta One platform has automated a previously manual, time-consuming process, allowing my team to efficiently ensure we have all the necessary information prior to doing business.”

Avetta One provides clients with a quick and comprehensive look into the potential vendor community, a feature which has empowered QuadReal to make timely, educated decisions for onboarding new contractors. With the benefit of this tool, the QuadReal team will continue to build deeper, mutually beneficial relationships with the vendor community.

“Avetta has been a very solid and attentive partner to QuadReal,” Sutic said. “While building out our implementation process, we worked very closely to configure it to meet our specific needs. When we had situations where things turned out differently than expected, the Avetta team quickly addressed the situation. They were always ready to collaborate and find the best solution to move forward—for us and for our suppliers.”

For more information about the QuadReal/Avetta One Implementation, please visit here.

About QuadReal Property Group

QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $67.1 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly, via programmatic partnerships and through operating companies in which it holds an ownership interest. QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.

QuadReal: Excellence lives here.

www.quadreal.com

For more information about the QuadReal/Avetta One Implementation, please visit here.

About Avetta

The Avetta SaaS platform helps clients manage supply chain risk and their suppliers to become more qualified for jobs. For hiring clients in our network, we offer the world’s largest supply chain risk management network to manage supplier safety, sustainability, worker competency and performance. We perform contractor prequalification and worker competency management across major industries, all over the globe, including construction, energy, facilities, high tech, manufacturing, mining and telecom.

For suppliers in our network, our audit and verification services help lower their safety incidents rate by 29%. As a result, nearly 50% of members find additional job opportunities within the first year of joining. In addition, our suppliers receive privileged access to the Avetta Marketplace, where dozens of partners offer special discounts for business services like insurance and work gear. Avetta serves 500+ enterprise companies and 125,000+ suppliers across 120+ countries.

Visit https://www.avetta.com/ for more information.

Contacts

SnappConner PR

Mark Fredrickson, +1 801-806-0161

mark@snappconner.com

Avetta

Kendra Lamer

kendra.lamer@avetta.com

Orlando-Based Real Estate Team to be Led by Founder Ken Pozek

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSXV: REAX), an international, technology-powered real estate brokerage, today announced that The Pozek Group, based in Orlando, Florida, is joining its growing network of agents.

The Pozek Group has a team of 17 agents who will be joining Real. The Pozek Group was founded by Ken Pozek in 2016. Starting in Michigan and eventually relocating to Florida, Pozek has been in the real estate industry for more than seventeen years. Over the past 12 months, the group has closed $170 million in transaction volume and has significant goals for the remainder of 2022.

“I think we have a unique opportunity to grow something with Real, which is attracting some of the most highly respected people in the industry,” said Ken Pozek. “The revenue share and equity awards are also great incentives. I like knowing that I can add that to my agents’ toolbox, while helping them grow independently and as part of our team.”

“We are happy to welcome The Pozek Group to the Real family,” said Real Chairman and Chief Executive Officer Tamir Poleg. “Florida is a big market for us, and we have seen significant growth in the Orlando area. To have Ken and his team join Real will only increase our footprint in the area, and we look forward to working with them to serve even more buyers and sellers in the state.”

About Real

The Real Brokerage Inc. (NASDAQ: REAX) (TSXV: 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 homebuyers and sellers. The company was founded in 2014 and serves 44 states, D.C., and two Canadian provinces with over 5,000 agents. Additional information can be found on its website at www.joinreal.com.

Forward-Looking Information

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

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release, and the NASDAQ has neither approved nor disapproved the contents of this press release.

Contacts

The Real Brokerage Inc.

Elisabeth Warrick

elisabeth@therealbrokerage.com

Investors:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908-280-2515

The combination creates a converged services powerhouse serving approximately 7,000 properties representing over 900,000 rooms

HOUSTON–(BUSINESS WIRE)–World Cinema, Inc. (“WCI”), a leader in deploying and serving property technology for over forty years, today announced it has entered an agreement to acquire Ohio-based Hospitality WiFi LLC, a global leader in delivering Internet Protocol-based wired and wireless networking experiences to the hospitality industry. The combination creates the most customer-centric, well-rounded, and qualified technology services partner for brands, owners, and managers in the institutional real estate industry.

Hospitality WiFi was formed over 21 years ago to satisfy the then-emerging need for hotels to add Wi-Fi connectivity to their guest experiences. Growing to over 2,800 properties on over 5 continents, they have been instrumental in satisfying the growing needs of guest connectivity.

The two companies share the commitment to delivering customer-centric solutions. The promise of both companies is to deliver every time, with no exceptions. The combination is a catalyst to deliver convergence of in-room entertainment, seamless wireless networking experiences, and transformative connected applications like digital signage, smart building, and common area video intelligence services. By maintaining cost leadership and high levels of customer satisfaction, this partnership can increase financial returns for clients by improving top-line occupancy and RevPAR and increasing income by adding operating efficiencies.

Tommy Fatjo, President of World Cinema, said, “A real attraction to Hospitality WiFi is the team and their attitude towards their customers. It’s the same culture that has allowed World Cinema to deliver substantial organic growth and success over the past four decades. This is the beginning of a powerful combination which will deliver benefits to our clients and create opportunities for the employees and loyal partners of each company. We are excited to build the future of property technology together.”

Jason Szuch, President and Chief Executive Officer of Hospitality WiFi, said, “When I founded Hospitality WiFi in 2001, we had a vision to be the number one choice of hotel owners and brands. I’m so proud Hospitality WiFi is joining World Cinema, a company that is known for its long successful track record of delivering hospitality technology services to some of the largest properties and enterprises in the U.S. I’m looking forward to taking our customers to the next level with the combination of our two companies.”

About World Cinema, Inc.

World Cinema, Inc. (WCI) is a trusted provider of video, advanced connectivity and professional services to properties and enterprises across the U.S., Canada, Mexico and the US Virgin Islands. With a dedication to customer service, WCI is leading the way in delivering innovative technology solutions that enhance the resident, guest, and staff experience. From managed services to digital transformation, WCI is a single point of contact for all a property’s technology needs.

Founded in 1974, WCI is a privately held company headquartered in Houston, Texas. The company serves over 7,000 properties with nearly 900,000 rooms under management.

For more information, visit www.wcitv.com

About Hospitality WiFi

Hospitality WiFi (HWF) has been providing guest WiFi and other services since 2001. With the goal of offering a better guest experience for hospitality properties, MDUs, restaurants, offices, and other locations on multiple continents, HWF designs, installs, and supports wired and wireless networks, including site surveys, equipment selection and purchase, installation, and ongoing maintenance and management. HWF’s expertise with converged networks enables simplified management and an improved customer experience, with services including:

• HSIA/WiFi Managed Solutions
• 24x7x365 Guest Support
• Voice, Video, and Data Solutions for Communications and Guest Entertainment

For more information, please visit www.hospitalitywifi.com

Transaction Details

This transaction is subject to customary closing requirements. Derick Schaudies led the TI Partners team as exclusive financial advisors to Hospitality WiFi.

Contacts

World Cinema

Ella Steele

Esteele@onewci.com

Hospitality WiFi

Melanie Swiderek

Melanie@hospitalitywifi.com

TORONTO–(BUSINESS WIRE)–Real Matters Inc. (“Real Matters”), a leading network management services provider for the mortgage lending and insurance industries, will announce its third quarter financial results via news release on Thursday, July 28, 2022, before market open.

Conference Call and Webcast

A conference call to review the results will take place at 10:00 a.m. (ET) on Thursday, July 28, 2022, hosted by Chief Executive Officer Brian Lang and Chief Financial Officer Bill Herman. An accompanying slide presentation will be posted to the Investor Relations section of our website shortly before the call.

To access the call:

• Participant Local (Toronto): (416) 764-8642
• Participant Toll Free Dial-In Number: (888) 884-4523
• Conference ID: 06369257

To listen to the live webcast of the call:

• Go to: https://event.on24.com/wcc/r/3289729/987639711E9D3634B46A182AA69D31EE

The webcast will be archived and a transcript of the call will be available in the Investor Relations section of our website following the call.

About Real Matters

Real Matters is a leading network management services provider for the mortgage lending and insurance industries. Real Matters’ platform combines its proprietary technology and network management capabilities with tens of thousands of independent qualified field professionals to create an efficient marketplace for the provision of mortgage lending and insurance industry services. Our clients include top 100 mortgage lenders in the U.S. and some of the largest insurance companies in North America. We are a leading independent provider of residential real estate appraisals to the mortgage market and a leading independent provider of title and mortgage closing services in the U.S. Headquartered in Markham (ON), Real Matters has principal offices in Buffalo (NY) and Middletown (RI). Real Matters is listed on the Toronto Stock Exchange under the symbol REAL. For more information, visit www.realmatters.com.

Contacts

Lyne Beauregard

Vice President, Investor Relations and Corporate Communications

Real Matters

lbeauregard@realmatters.com
416.994.5930

VAUGHAN, Ontario–(BUSINESS WIRE)–Ground has been broken for Vincent Condominums, a 766-unit, two-tower condominium, following an impressive 8-month selling program.

Vincent is among the largest condominium projects currently underway in the GTA. This makes the extremely fast market absorption a notable accomplishment, and a vote of confidence in the building, the developers and its location in the new VMC.

The celebration was officiated by Vaughan’s Mayor Maurizio Bevilacqua, Councillor Sandra Yeung-Racco and representatives of the builder/developer.

Hon. Maurizio Bevilacqua, P.C., Mayor, City of Vaughan said, “I am pleased to welcome Vincent Condominiums to the Vaughan Metropolitan Centre (VMC), the city’s dynamic downtown core. The VMC continues to rise to new and unprecedented heights, growing well beyond projected growth rates at 267 per cent. The heart of Vaughan’s downtown is home to several transformational projects, including the VMC Subway, high-rise towers, and commercial office buildings, which have created thousands of jobs, public art projects and community event spaces. As a result, Vaughan is outpacing national, provincial and regional growth rates with real GDP growth at 7 per cent. Since 2010, the city has issued more than $15 billion in building permits and 70,000 additional jobs have been created. I want to congratulate the development team of Rosehaven Homes, Townwood Homes and Guglietti Brothers Investments and express my sincerest gratitude for their meaningful city-building contributions. By making investments, creating jobs and giving back to the community, you are making a positive difference and demonstrating the spirit of generosity that radiates in Vaughan.”

Created by an impressive development team of Rosehaven Homes, Townwood Homes and Guglietti Brothers investments, each of these companies is owned by members of the extended Guglietti family, a group with a long history of building and development in Vaughan, and across the GTA. With Vincent, the project’s name, and the vision behind it, was more than business. Vincent is an expression of their family history.

Spokesman Silvio Guglietti said, “For the Guglietti family, the Official Groundbreaking of Vincent has a very personal importance to us. The Guglietti family came to Canada from a little town in Italy called Sora, just outside Rome in Lazio. It’s actually the twin-city of Vaughan. In our town, the small church that our family belonged to was San Vincenzo Ferreri, or Saint Vincent Ferrer. And our grandfather, the man we are all descended from was named Vincent, or Vincenzo, after this saint.”

To create this new landmark condominium community, the Guglietti family were committed to choosing a world-class team of consultants to complement their own extensive internal resources.

“Kirkor Architects brought us a striking, extraordinary architectural design,” says Guglietti. “Figur3 has taken the designs to a whole new level with their stylish and elegant interiors. And In2ition Realty, our sales brokerage and McOuat Partnership, our marketing firm, have delivered us a sold-out condominium project.”

Located near Jane St. and Hwy 7, the Vaughan Metropolitan Centre is a new financial, innovation and cultural centre. Major corporations, retailers, small businesses and other industries are located in the VMC, as it is a major transit hub with direct subway connections to York University and downtown Toronto as well as VIVANEXT and local bus routes across Vaughan and Richmond Hill.

For more information on The Vincent, visit TheVincent.ca

About Rosehaven Homes

Since 1992, Rosehaven Homes has created many exciting communities, built over 9,000 exceptional homes and condos and received numerous prestigious accolades and awards. From detached homes, semis and townhomes to mid-rise and high-rise condos, we have designed and built homes of all types for all kinds of people, in all walks of life. Our architecture ranges in style from the traditional to the contemporary, yet every Rosehaven home stands out distinctively in every community.

Our most recent successes in condos such as the Randall Residences, Mount Pleasant Urban Towndominiums, Affinity, Odyssey and KiWi clearly signify our strengths in contemporary urban design, our keen eye for cosmopolitan culture and our ability to deliver exceptional residences tailored to today’s vibrant, modern, sophisticated tastes and aspirations.

About Townwood Homes

Established in 1974 with over 45 years of experience in the home-building industry, building more than 15,000 homes throughout southern Ontario, Townwood communities have stood the test of time. Our homes are built with integrity and longevity, featuring distinct architectural styles, spacious open concepts and formal designs while consistently maintaining the combination of luxury and ease throughout. Every Townwood community be it low rise or condo sets the standard for quality and innovation throughout neighbourhoods in the GTA.

About Guglietti Brothers Investments

Guglietti Brothers Investments Limited is a real estate investment company which was established in 1972. Principals Giovanni, Carmine, Tony and their families have maintained primary investments in industrial/commercial, land development, low-rise new home and now high-rise condominium development. The company has the highest community and professional reputation, always practising important values of professionalism, good work ethics and integrity. The company has and continues to support numerous hospitals, charities, public retirement centres and churches since its inception.

Contacts

Media Contact:

Carol King
Senior Account Executive
McOuat Partnership

Cell: 905-903-9059

carol@partnership.ca

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” or the “Trust”) (TSX: CHP.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain Provinces of Canada (the “Offering”), of $500 million aggregate principal amount of series R senior unsecured debentures of the Trust bearing interest at a rate of 6.003% per annum and maturing on June 24, 2032 (the “Debentures”).

The Trust intends to use the net proceeds of the Offering (i) to pay for the previously announced early redemption of Choice Properties Limited Partnership’s $300 million principal amount of 3.60% series 10 senior unsecured debentures on June 26, 2022, (ii) to repay all or a portion of the balance drawn on the Trust’s credit facility, and (iii) for general business purposes.

DBRS Morningstar has provided the Debentures with a credit rating of “BBB” (high) with a “stable” trend and S&P Global Ratings has provided the Debentures with a credit rating of “BBB”. The Debentures rank equally with all other unsecured indebtedness of the Trust that has not been subordinated.

The Debentures were sold on an agency basis by a syndicate of agents co-led by TD Securities, CIBC Capital Markets, RBC Capital Markets, BMO Capital Markets and Scotiabank. The Debentures offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Choice Properties’ current expectations regarding future events, including the intended use of proceeds of the Offering. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Choice Properties’ control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed in Choice Properties’ 2021 Annual Report, current Annual Information Form and 2022 First Quarter Report. Choice Properties does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. All forward-looking statements contained in this press release are made as of the date hereof and are qualified by these cautionary statements.

Contacts

For further information:

Mario Barrafato

Chief Financial Officer

Choice Properties Real Estate Investment Trust

t (416) 628-7872

e Mario.Barrafato@choicereit.ca