CALGARY, Alberta–(BUSINESS WIRE)–Zenbase, a leader in flexible split rent payments, today announced a partnership with Avenue Living Communities Ltd. (“ALC”) to deliver its rent payment service to Avenue Living’s 14,000+ apartments and townhomes across Alberta, Saskatchewan, and Manitoba. This service, which allows residents to pay their rent on a schedule that better suits their income cycle, can offer some relief at a time when inflation is pushing household budgets to their limits.

“We’re always looking for ways to address what’s most important to our residents,” says Anthony Giuffre, Founder and CEO of Avenue Living Group. “We know how important the social aspect of our Environmental, Social, and Corporate Governance commitments are, and we’re continuing to support our residents with compassionate options to help address their day-to-day challenges.”

Koray Can Oztekin, CEO and Founder of Zenbase agrees. “Our company partners with like-minded property management organizations who want to improve the financial health of their residents while at the same time increase on-time rent collections and eliminate operational overhead. ALC has fully leveraged the benefit of our solution, delivering financial relief and flexibility to thousands of Canadian renters.”

As inflation and interest rates both rise, Canadians are being challenged with various costs, such as food, gas, and rent. Amidst these struggles, Canadians are actively seeking financial flexibility from different service providers. Single-payment plans, locked-in schedules, and late fees continue to be a significant stressor for many renters. Zenbase offers an automated solution that aims to put an end to the key challenges around rent payment. The company’s core financial product enables flexible rent payments, allowing residents to split their monthly rent into smaller installments within a month.

Zenbase has benefits for property owners, as well, helping ensure guaranteed rent payments and reducing the time spent on rent collection. This partnership with ALC, the fastest growing multi-family housing owner-operator in Western Canada, has the potential to reduce late rent payments by over 27 per cent while driving a positive resident experience and supporting them during difficult times.

“Zenbase is a fantastic technology solution that allows us to be more efficient on the back-end while at the same time, empowering our residents to be in control of their financial situation,” says Giuffre. “Zenbase has become an integral part of our operations and the platform delivers on our commitment to create a superior customer experience for our residents — one that provides flexible options and peace of mind.”

About Zenbase

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

About Avenue Living

Founded on the principle of investing in the everyday, Avenue Living focuses on opportunities that are often overlooked by others, having grown to over $3.7 billion in aggregate assets under management across four private real estate investment mandates. The Avenue Living team includes over 750 professionals with expertise in real estate operations, property management, and asset management to support Avenue Living’s growing portfolio. In addition to over 14,400 multi-family units located in Canada and the United States, Avenue Living and its related entities own over 496,500 square feet of commercial space, 82,827 acres of productive farmland, and more than three (3) million square feet of self-storage space. Learn more: avenuelivingam.com/

Contacts

Zenbase Press Contact:
Philipp Postrehovsky

philipp@myzenbase.com
604.657.2775

Avenue Living Press Contact:
Tammy Cho

tcho@avenueliving.ca
403.870.5831

Known As The Edge, Scott Gillen, The Prominent Malibu Designer, Has Created A Mid-Century Modern Inspired Estate With Over 10,000 Interior Square Feet, a 10,000-Square Foot Deck, Nearly 80 Foot Infinity Pool Touting the Only New Construction Home For Sale In Malibu More Than $50M

MALIBU, Calif.–(BUSINESS WIRE)–After more than a decade in approvals, design, and construction, Scott Gillen, visionary home designer, creator and founder of Unvarnished, has listed for sale the first of five estates in the 24-acre private enclave known as The Case. The first guard gated community built in Malibu in decades, The Case comprises five spectacular mid-century modern inspired homes perched above The Colony on Malibu’s most coveted oceanfront bluff and represents the largest private residential development in its history. The Edge, on the market for $69.995 million, will be the first home completed within the community and will be delivered turnkey, providing the buyer instant gratification of unprecedented luxury and hand-crafted design perfection. All five bespoke homes are currently under construction, with the remaining homes slated for full completion throughout the year.

“The Case is my largest and most epic project to date. The opportunity to create a community of five homes on one of, if not the best bluff top on the California coast, was something I could not pass up. Frankly, ten minutes after I stepped on the property, I knew I would buy it,” said Scott Gillen, the founder of Unvarnished. “The sheer size of the property and the ability to build 10,000 to 12,000-square foot single story homes created immense challenges and unbelievable opportunities for me to take some of my foundational design principles–use of warm natural materials, a nod toward mid-century modern, large, opened spaces, lots of natural light and blurring the line between indoors and out– which are also tenets of mid-century modern architecture–to the next level. So, it was natural that my designs for The Edge, and the other homes at The Case, take enormous inspiration from mid-century modern architecture, and then I incorporate construction techniques and furnishings, the quality of which are rarely, if ever, found in new development, to create a unique experience of luxury living on the coast of Malibu, a place unlike anywhere else in the world. I’m very proud of how The Edge has turned out and I’m incredibly excited to bring it to market.”

The 2.6-acre estate, providing cinematic views of the Queen’s necklace, Palos Verdes to Point Dume, embodies the essence of casual luxury living. Spanning approximately 10,500 square feet, the single-story home offers five ensuite bedrooms and three half baths, and includes a Bulthaup chef’s kitchen, expansive great room, a master bedroom with outdoor spa, and floor to ceiling glass doors that open to a 10,000-square foot Ipe deck with cabana and outdoor kitchen.

The Edge, named for its stunning nearly 80-foot double-sided infinity edge freshwater pool that juts out like a diving board into the Pacific Ocean, with famed Catalina Island in the distance, is architecturally inspired by the giants of mid-century modern, Lloyd Wright, Neutra, Lautner and Quincy Jones, to name but a few. The magnificent home also includes hand-picked custom furnishings by Minotti and Gillen, Miele and Gaggenau appliances, custom cabinets, a 650-bottle teak wine room, a glass and teak enclosed private library, and a home theatre that is a room “floating” inside another room to achieve the ultimate home cinema experience.

The Case is the crown jewel of Scott Gillen’s visionary Malibu Series, where each home is a sanctuary unto itself. Behind its 24-hour manned guard gate and security features designed by international renowned security expert Gavin de Becker, residents of The Case will live with ultimate peace of mind and privacy.

The Case comprises five distinct mid-century modern homes: The Cantilever House (Case Study No. 1), The Butterfly House (Case Study No. 2), The Edge (Case Study No. 3), The Flat House (Case Study No. 4) and The Glass Tunnel (Case Study No. 5).

For more information, visit www.unvarnishedco.com or contact listing agent Sandro Dazzan of The Agency.

Contacts

Emily Warner

Murphy O’Brien Public Relations

unvarnishedcopr@murphyobrien.com 

310.453.2539

TORONTO–(BUSINESS WIRE)–DREAM UNLIMITED CORP. (TSX: DRM) (“Dream Unlimited” or “Dream”) announced today the publication of Dream’s 2022 Impact Report, which showcases our impact initiatives across the Dream platform and continued commitment to being a leader in impact and ESG investing.

“Our 2022 Impact Report highlights our significant progress across our three core impact verticals – environmental sustainability and resilience, attainable and affordable housing, and inclusive communities,” said Michael Cooper, Chief Responsible Officer. “We continue to work closely with governments and lenders to create innovative solutions to address the ongoing issues facing our society while generating market returns for our investors. With nearly $4 billion in impact assets under management, we believe that our world-class portfolio can drive positive changes in our communities over the near and long term.”

• Highlights from the 2022 Impact Report:
  • Use of the Dream Impact Management System (DIMS) has expanded beyond Dream Impact Trust and Dream Impact Fund and now includes Dream Office REIT assets and selected Dream Unlimited assets. In total we now have $3.8 billion of impact assets under management which will grow rapidly given our pipeline of opportunities.
  • Sustainability – Dream has significantly expanded its efforts to address climate change. We now have an industry-leading net zero GHG emissions commitment by 2035 – fifteen years ahead of science-based targets and a detailed action plan to support it. We have committed $171 million in capital expenditures to decarbonize 18 existing buildings and are Canada’s largest developer of new net zero communities with $6 billion worth of projects at Zibi, LeBreton and Quayside.
  • Affordability – Dream more than doubled its portfolio of affordable housing units to 2,530 units. Upon completion, residents in our portfolio will save a combined $42.4 million annually.
  • Inclusivity – As part of our commitment to building inclusive communities, we have launched the Dream Community Foundation to support programming initiatives in our communities. In addition, Dream has created an industry-best Social Procurement Strategy to ensure the benefits of our spending on real estate activities flow to traditionally under-represented groups – an initiative for which Dream was recently given a Diversity in Leadership award from the Toronto Community Benefits Network.

About Dream Unlimited Corp:

Dream Unlimited is a leading developer of exceptional office and residential assets in Toronto, owns stabilized income generating assets in both Canada and the U.S., and has an established and successful asset management business, inclusive of $16 billion of assets under management across four Toronto Stock Exchange listed trusts, our private asset management business and numerous partnerships. We also develop land and residential assets in Western Canada. Dream expects to generate more recurring income in the future as its urban development properties are completed and held for the long term. Dream has a proven track record for being innovative and for our ability to source, structure and execute on compelling investment opportunities.

Forward-Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation, including, but not limited to, specific statements in respect of Dream’s commitment to being a leader in impact and environmental, social and governance investing; Dream’s work with governments and lenders to address societal issues while generating returns; the belief that Dream’s portfolio of impact assets can drive changes amongst communities; Dream’s commitment to reach net zero greenhouse gas emissions by 2035; Dream’s capital commitments to decarbonize its buildings and new projects and development plans for net zero communities, including Zibi, LeBreton and Quayside; Dream’s affordable housing plans and expected rent savings resulting from such portfolio; the initiatives of the Dream Community Foundation; and the implementation of and expected benefits from Dream’s Social Procurement Strategy. 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 Dream’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, general and local economic and business conditions, the impact of the COVID-19 pandemic on Dream and uncertainties surrounding the COVID-19 pandemic, employment levels, risks associated with unexpected or ongoing geopolitical events, including disputes between nations, terrorism or other acts of violence, international sanctions and the disruption of movement of goods and services across jurisdictions, regulatory risks, mortgage rates and regulations, environmental risks, consumer confidence, seasonality, adverse weather conditions, reliance on key clients and personnel and competition. All forward-looking information in this press release speaks as of the date of this press release. Dream does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in filings with securities regulators filed on SEDAR (www.sedar.com).

Contacts

Dream Unlimited Corp.

Deb Starkman

Chief Financial Officer

(416) 365-4124

dstarkman@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

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 June 2022 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 July 15, 2022 to unitholders of record as of the close of business on June 30, 2022.

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. $1.9 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

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

HERNDON, Va.–(BUSINESS WIRE)–Beacon (Nasdaq: BECN) (the “Company”) announced today that Michelle Mulder, owner of Nailed It Roofing in North Bay, Ontario, Canada is the winner of Beacon’s annual North American Female Roofing Professional of the Year competition, which shines a spotlight on inspiring women in the roofing industry across the U.S. and Canada.

Michelle has enjoyed hands-on work since taking shop classes in high school, where she looked forward to a career in the trades. As a woman, she found it difficult to be hired in construction after high school, so she enrolled in the Renovation Techniques Construction Carpentry Program at Canadore College. Upon graduating in 2005, she was hired as a carpenter, framing houses and sheathing roofs. Learning more about the on-site trades, she grew a passion for roofing. In 2015 Michelle started her own business, Nailed It Roofing, which has been one of the top roofing companies in North Bay, Ontario for the past seven years.

“We were thrilled to receive hundreds of submissions demonstrating women’s impact on the roofing industry,” said Julian Francis, Beacon’s President & CEO. “It’s a privilege to recognize Michelle for her hard work and determination in leading the way for women in the roofing sector. The public rallied to vote for Michelle, recognizing her work on the jobsite and her devotion to mentoring young women in the community.”

“I’m grateful for the support I received from my local community and my colleagues,” remarked Mulder. “It’s an honor to receive this prestigious award. I applaud Beacon for its support of women in the industry and I hope my story inspires other women to become trailblazers.”

From March 8 through April 11, Beacon solicited the nomination of outstanding female roofing professionals. Beacon opened voting to the public from May 16 through June 6. The other top four finalists were:

• Letitia Hanke – ARS Roofing and Gutters (Santa Rosa, California)
• Anna Arakelyan – United Roofing (Myrtle Beach, South Carolina)
• Christina Rodriguez – G Storm Solutions (Houston, Texas)
• Robin Wright – V & R Roofing (Tacoma, Washington)

To learn more about Beacon’s annual Female Roofing Professional of the Year competition, the deserving finalists, and the official contest rules, visit: go.becn.com/femaleroofpro.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 80,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT^TM, and has a proprietary digital account management suite, Beacon PRO+, which helps customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

Contacts

INVESTORS

Binit Sanghvi

VP, Capital Markets and Treasurer

Binit.Sanghvi@becn.com
972-369-8005

MEDIA

Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com
571-752-1048

Industry veteran Julia Stevenson joins LPC as Mid-Atlantic Director to expand presence in the region

LOS ANGELES–(BUSINESS WIRE)–Langdon Park Capital (LPC), a Black-owned real estate investment company, today announced the $63.2 million acquisition of a 304-unit apartment complex located near Washington, DC in Fort Washington, Maryland, and the appointment of industry veteran Julia Stevenson as LPC’s Director for the Mid-Atlantic region. These two key milestones advance the firm’s commitment to addressing the unmet demand for high-quality, affordable housing in historically underserved Black and Latino communities across the United States.

The property, which will be rebranded Langdon Park at Fort Washington, was built in 1965 and is in a predominantly Black community with most residents earning below 70% of area medium income. Preserving that affordability while providing housing that residents can be proud of is core to LPC’s mission and investment strategy. The property is situated minutes outside the Capital Beltway and offers convenient access to regional employment centers within Prince George’s County and Washington, DC. LPC has committed more than $5 million for capital improvements at the property, including upgraded interiors of units, building exteriors, common areas, and the on-site community center. As part of its value-add to residents, LPC will work with organizations to provide access to a range of social services from financial education to workforce development support, and more.

“The lack of affordable housing is a pervasive issue within the country and one that hits home for me personally, being born and raised in a similar neighborhood in Washington, DC,” said LPC Founder and CEO Malcolm Johnson. “Langdon Park Capital’s mission is about providing real homes and real communities to hard-working families where they can grow and thrive. I’m confident that our team’s lived experiences, cultural competency, and investment acumen will help to create long-term value for residents and investors alike.”

LPC approaches each investment in a highly customized way to enhance communities based on the specific needs of residents. At this initial phase, the leadership team has identified three community-focused partners to provide support for residents: non-profit organizations Washington Jesuit Academy, which provides comprehensive education for promising students from underserved communities, and Employ Prince George’s, a workforce development service provider, as well as Esusu, a minority-owned fintech platform that will allow residents to have their rental payments reported to major credit bureaus to help establish or improve their credit profiles and build stronger credit histories.

As part of the announcement, LPC is expanding its presence in the region with the appointment of industry veteran Julia Stevenson as LPC’s Director for the Mid-Atlantic region, effective June 20, 2022. Stevenson will be based in Washington, DC. Her extensive real estate experience includes fund management, impact investing, development, and project finance, with prior leadership roles at LISC Strategic Investments, Banneker Ventures, Eagle Bank, PNC Bank, and the Howard County (MD) Real Estate Development office.

“Beyond her deep expertise in commercial real estate, fund structuring and capital markets, Julia has a demonstrated track record of building teams, cultivating meaningful relationships, and building trust with broad segments of community and business stakeholders,” said Johnson. “We look forward to working closely with Julia to expand our platform in the region and bring our vision into reality.”

“LPC presents the market with an authentic commitment to impact investing at its intersection of commercial real estate and equitable capital. I look forward to building with Malcolm and the team in this meaningful work,” said Stevenson.

LPC was founded in 2021 by CEO Malcolm Johnson, who leads a diverse, dynamic leadership team with expertise in real estate finance, asset management, impact investing, and M&A. Kennedy Wilson (NYSE: KW), a global real estate investment company, was LPC’s founding partner, and the firm received a strategic investment from Eldridge, a holding company with a diversified network of businesses across finance, real estate, entertainment, and technology. Capital One, a top-5 Freddie Mac lender, provided a financing vehicle for the acquisition that can grow with LPC’s plans for the property.

About Langdon Park Capital

Langdon Park Capital (LPC) is a real estate investment manager focused on creating lasting social impact in historically underserved Black and Latino communities, while generating strong returns for its investors. The firm combines institutional capital with the industry expertise and the lived experiences of its diverse leadership team to customize its investment approach based on each community’s specific needs. Headquartered in Los Angeles, LPC invests in affordable and workforce residential and mixed-use real estate properties in cities across the United States. To learn more about Langdon Park Capital, please visit www.langdonparkcapital.com.

Contacts

Josette Thompson & Melanie Gounardes

Prosek Partners

Pro-langdonpark@prosek.com

• Lafarge Canada and Holcim US embark on innovative collaboration with Blue Planet to scale technology that can sequester carbon emissions and provide circular economy benefits

TORONTO & CHICAGO–(BUSINESS WIRE)–Today, Holcim North America announced a financial investment in Blue Planet Systems Corporation, to support the development and commercialization of their mineralization technology. Blue Planet’s novel process sequesters carbon emissions into aggregate that can make concrete carbon-negative. Each tonne of Blue Planet’s aggregate can mineralize up to 440 kg of CO2, preventing it from emitting into the atmosphere.

Blue Planet’s CCUS technology provides circular economy benefits in that the mineralization process can consume industrial waste, such as recycled concrete, cement kiln dust (CKD), and slag and produce new aggregate products. This investment represents another significant step toward making Holcim the global leader in innovative and sustainable building solutions.

“Being at the forefront of driving sustainable actions in our industry requires continuous innovation and partnerships,” said Toufic Tabbara, Region Head, North America. “Our investment offers a critical opportunity to influence the development of future technologies in the CCUS space while at the same time, we grow our network of like-minded companies with the same strong focus on net zero to amplify global efforts along with other Blue Planet’s investors.”

Holcim North America, comprising Lafarge Canada and Holcim US, and Blue Planet will initiate a multi-year strategic collaboration to help identify potential to use the mineralization technology to further lower the carbon footprint of the companies’ cement, aggregates and concrete operations, with the potential to expand to other operations in the Holcim Group around the world.

“This is an important step for us in North America. Our vision is to transform our St. Constant Plant in Montreal (QC) into a carbon campus that ultimately advances commercialization of mineralization technologies including Blue Planet’s products,” added David Redfern, president & CEO, Lafarge Canada. “We look forward to advancing our Net Zero strategy by leveraging mineralization technology that allows us to use the CO2 from our own cement plants to produce carbon neutral or carbon negative sand and gravel products.”

“By focusing on the aggregate component of concrete, our technology can have a more impactful influence on the embodied carbon in concrete than the traditional focus on reducing cement component alone. Collaborating with Holcim enables us to apply our CO2 mineralization technology to large-scale cement operations where we expect it will more squarely address CO2 emissions,” commented Brent R. Constantz, Ph.D., CEO at Blue Planet.

About Lafarge Canada Inc.

Lafarge is Canada’s largest provider of sustainable construction materials and a member of the global group, Holcim. With 6,000 employees and 350 sites across Canada, our mission is to provide construction solutions and products that build progress for people and the planet. The cities where Canadians live, work, and raise their families along with communities’ infrastructure benefit from the sustainable portfolio provided by Lafarge, consisting of Aggregates, Asphalt and Paving, Cement, Precast Concrete, Ready-Mix Concrete, and Road Construction.

About Holcim US

Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.

In the United States, Holcim, includes close to 350 sites in 43 states and employs 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency.

Contacts

Anna Salomao

anna.salomao@lafargeholcim.com

PHILADELPHIA–(BUSINESS WIRE)–Doral Renewables LLC (“Doral”) has successfully closed construction project financing for Mammoth North, the first phase of Doral’s broader Mammoth Solar project. Mammoth North is located on 4,500 acres in Starke County, Indiana, in the northwestern region of PJM. The project will be a ground-mounted single axis PV system with 400 MWac of solar power capacity. Doral is also developing the nearby Mammoth Central and Mammoth South projects which, together with Mammoth North, will bring 1.3 GWac of capacity to market as one of the country’s largest collective solar farms.

Deutsche Bank AG, New York Branch acted as sole bookrunner, sole structuring bank and mandated lead arranger for the $392 million financing for the project, which consisted of a $157 million construction-to-term loan facility, a $170 million tax equity bridge loan, and a $65 million letter of credit facility. Bayerische Landesbank, New York Branch and National Bank of Canada acted as Lead Managers with Banco de Sabadell, S.A, Miami Branch, Comerica Bank, a Texas banking association, Intesa Sanpaolo S.p.A., New York Branch, and Metropolitan Life Insurance Company rounding out the syndicate for the debt and letter of credit facilities. The closing was completed simultaneously with Doral’s signing of a nearly $175 million tax equity commitment for the project from Bank of America N.A. Marathon Capital Markets, LLC acted as exclusive financial advisor for Doral.

Mammoth North will generate energy and renewable energy certificate revenue via its long-term Power Purchase Agreement (PPA) with AEP Energy Partners, Inc., a subsidiary of American Electric Power (Nasdaq: AEP), one of the largest investor-owned utilities in the U.S., providing AEP’s consumers with clean energy. Doral expects that the facility will power approximately 75,000 Midwestern homes once in operation.

“We are proud to support Doral with this financing and to have partnered with their world class development team and furthered DB’s commitment to Sustainable Financing,” said Jeremy Eisman, head of Infrastructure & Energy Financing and Structuring at Deutsche Bank.

“Doral is thrilled to have collaborated with Deutsche Bank to raise this important piece of capital which will enable us to bring Mammoth North to commercial operation as expected in 2023,” said Evan Speece, Chief Financial Officer at Doral Renewables LLC. “We look forward to continuing to work with our financing partners to bring clean energy from the other stages of Mammoth, and the rest of our growing pipeline, to customers throughout the United States.”

About Doral Renewables LLC

Doral is a U.S. company owned by Doral Renewable Energy Resources Group (TASE:DORL, “Doral Group”), a publicly traded Israeli renewable energy company, Migdal Group, Israel’s largest insurance company and pension manager, and U.S. members. Doral is developing an 11 GWac wind, solar, and storage portfolio across 20 states, eight electricity markets and covering approximately 100,000 acres of land. It has over $2 billion in long-term wholesale power purchase agreements with U.S. customers.

About Doral Group

Doral Group is a publicly-traded company on the Tel Aviv Stock Exchange in Israel (DORL) and is a global renewable energy leader, holding hundreds of long-term revenue-generating renewable energy assets. Doral Group is active, inter alia, in Israel, Europe, and the United States. Doral Group is also emerging as a worldwide leader in the field of solar + storage solutions, following its win of Israel’s biggest solar + storage tenders to build approximately 750 MWdc + 1,400MWh of storage facilities in Israel.

Contacts

Evan Speece

Chief Financial Officer

espeece@doral-llc.com

TORONTO–(BUSINESS WIRE)–Home Capital Group Inc. (“Home Capital”) (TSX: HCG) and its subsidiary Home Trust Company, (“Home Trust” or “the Company”) announce the closing of a successful offering of two-year $200 million fixed-rate deposit notes (the “Notes”).

This deposit note issuance marks Home Trust’s first issuance of deposit notes since 2015. The Notes bear an interest rate of 5.317% which represented a spread of 225 basis points over comparable term Government of Canada Bonds and have a maturity date of June 13, 2024.

“We are pleased with investor response to our return to the deposit note market despite a volatile market backdrop,” stated Brad Kotush, Executive Vice President and Chief Financial Officer at Home Capital. “The 26 investors in the book led to an oversubscription of 1.8 times and give us confidence in our ability to utilize deposit notes as an element of our funding diversification strategy.”

BMO Capital Markets and RBC Capital Markets acted as joint leads and bookrunners for the offering together with a broad syndicate of leading financial institutions. The Notes will rank equally and ratably with all present and future unsecured and unsubordinated liabilities of Home Trust and are not covered by CDIC insurance.

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

Contacts

Jill MacRae

VP, Investor Relations and ESG

416-933-4991

Investor.relations@hometrust.ca

• First-of-its-kind global award platform celebrating industry leaders that prioritize innovation and decarbonization
• Empowering partners to deliver digital transformation, sustainability, and efficiency in the new electric world
• Nominations opening soon until 25^th November 2022

MISSISSAUGA, Ontario–(BUSINESS WIRE)–Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the launch of the inaugural Schneider Electric Sustainability Impact Awards, the first initiative from the Partnering for Sustainability Program, to recognize the critical role that Schneider’s partners play in delivering a more resilient and sustainable electric world.

The Partnering for Sustainability program is a continuation of Schneider’s initiatives to empower its extensive ecosystem of partners to move toward a more sustainable future. It includes comprehensive education and training, a simplified product portfolio, an open and collaborative support ecosystem and access to expertise and resources on digital transformation. Designed to empower partners to become more sustainable in their own practices and support their customers on the path to net-zero, the program provides four easy steps that partners can follow to future-proof their businesses.

The Schneider Electric Sustainability Impact Awards will recognize a wide range of partners in two categories:

1. Sustainability: Impact for my company: for partners who exhibit sustainability leadership in decarbonizing their operations,
2. Sustainability and Efficiency: Impact for customers: for partners who demonstrate sustainability leadership by helping customers to achieve their decarbonization goals.

Entries will be carefully assessed on how they are leveraging energy and automation digital solutions to electrify operations, reduce energy supply, increase operational efficiency and embrace circularity across the value chain.

Eligibility requirements

The Awards are will be open to all organizations worldwide that work with Schneider Electric to enable efficiency and sustainability. Partner organizations need to be one of the following business types to take part in the program:

1. Homebuilders
2. IT Partners
3. Partner Builders
4. Design Firms
5. Contractors
6. System Integrators
7. EcoXperts
8. OEMs
9. Industrial Automation System Integrators
10. Machine Integrators
11. Industrial Automation Distributors

How to Enter

Nominations will officially be accepted from July 1^st – Register interest here. The deadline to submit is 25^th November 2022. All nominations and submissions will be shortlisted for the Regional Awards, before streamlining further for the Global Award. The final winner will be announced in January 2023.

“We are all on the same mission – to accelerate the path to net-zero. At Schneider, we want to recognize those who are embedding positive change in their business operations. Partners who excel at this set a precedent for others to follow,” said Rohan Kelkar, Executive Vice President of Power Products at Schneider Electric. “We know there’s power in numbers and together we can deliver a significantly larger impact through considered sustainable and efficient practices.”

About Schneider Electric

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

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

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

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

https://www.se.com/ca/en/

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

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

Contacts

Media Relations – Edelman on behalf of Schneider Electric, Juan Pablo Guerrero, Phone: +1 416 875 7173, Email: juan.guerrero@edelman.com

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact“, “we“, “our” or the “Trust“) announced today the closing of its previously-announced public offering of $40 million aggregate principal amount of 5.75% convertible impact unsecured subordinated debentures of the Trust due December 31, 2027 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). The Debentures are convertible, at the option of the holder, into units of Dream Impact (“Units”) at a conversion price of $8.00 per Unit representing a conversion rate of 125.0000 Units per $1,000 principal amount of Debentures. The Debentures were sold to a syndicate of underwriters led by TD Securities Inc. and Scotiabank on a bought deal basis. In addition, Dream Impact has granted the underwriters an over-allotment option to purchase up to an additional $6 million aggregate principal amount of Debentures at the same price, which can be exercised in whole or in part at any time for a period of 30 days following the closing of the Offering.

The Debentures will trade on the Toronto Stock Exchange under the symbol “MPCT.DB.A”.

The net proceeds from the Debentures are intended to be used for expenditures associated with eligible impact investments in accordance with the Trust’s Impact Financing Framework, released in 2021, as amended on May 30, 2022. Prior to the allocation of the net proceeds of the Offering, the net proceeds may be initially utilized, in part or in full, for repayments of certain of the Trust’s credit facilities, and ultimately will be allocated to finance, in whole or in part, expenditures associated with eligible impact investments in accordance with the Trust’s Impact Financing Framework.

The press release does not constitute an offer to sell securities, nor is it a solicitation of an offer to buy securities in any jurisdiction in which such offer or solicitation is unlawful. This press release is not an offer of securities for sale in the United States (“U.S.”). The securities being offered and the Units issuable upon the conversion, redemption of maturity of the Debentures have not been and will not be registered under the US Securities Act of 1933, as amended, and accordingly are not being offered for sale and may not be offered, sold or delivered directly or indirectly within the U.S., its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, except pursuant to an exemption from the registration requirements of that Act.

About Dream Impact

Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investment holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Forward-Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Some of the specific forward-looking information in this press release may include, among other things, the intended use of proceeds from the Offering, the repayment of certain of the Trust’s credit facilities and the financing, in whole or in part, of expenditures associated with eligible impact investments in accordance with the Trust’s Impact Financing Framework. 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 the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: risks associated with unexpected or ongoing geopolitical events, including disputes between nations, terrorism or other acts of violence, and international sanctions; the disruption of free movement of goods and services across jurisdictions; the risk of adverse global market, economic and political condition s and health crises, including the impact of the novel coronavirus (COVID-19 and variants thereof) pandemic on the Trust; risks inherent in the real estate industry; risks relating to investment in development projects; impact investing strategy risk; risks relating to geographic concentration; risks inherent in investments in real estate, mortgages and other loans and development and investment holdings; credit risk and counterparty risk; competition risks; environmental and climate change risks; risks relating to access to capital; interest rate risk; the risk of changes in governmental laws and regulations; tax risks; foreign exchange risk; acquisitions risk; and leasing risks. Our objectives and forward-looking statements are based on certain assumptions with respect to each of our markets, including that the general economy remains stable; the gradual recovery and growth of the general economy continues over 2022; that no unforeseen changes in the legislative and operating framework for our business will occur; that there will be no material change to environmental regulations that may adversely impact our business; that we will meet our future objectives, priorities and growth targets; that we receive the licenses, permits or approvals necessary in connection with our projects; that we will have access to adequate capital to fund our future projects, plans and any potential acquisitions; that we are able to identify high quality investment opportunities and find suitable partners with which to enter into joint ventures or partnerships; that we do not incur any material environmental liabilities; interest rates remain stable; there will not be a material change in foreign exchange rates; that the impact of the current economic climate and global financial conditions on our operations will remain consistent with our current expectations; our expectations regarding the impact of the COVID-19 pandemic and government measures to contain it; our expectation regarding ongoing remote working arrangements; and competition for and availability of acquisitions remains consistent with the current climate. All forward-looking information in this press release speaks as of the date of this press release. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in the Trust’s filings with securities regulators filed on the System for Electronic Document Analysis and Retrieval (www.sedar.com), including its latest annual information form and MD&A. These filings are also available at the Trust’s website at www.dreamimpacttrust.ca.

Contacts

Meaghan Peloso
Chief Financial Officer

416 365-6322

mpeloso@dream.ca

Kimberly Lefever
Director, Investor Relations

416 365-6339

klefever@dream.ca

VANCOUVER, British Columbia–(BUSINESS WIRE)–Metrie^®, North America’s largest manufacturer and distributor of millwork solutions, announces that it has entered into a definitive agreement for the acquisition of certain assets of Tinder Wholesale, LLC, a two-step distributor of interior and exterior millwork in the US East.

Subject to the fulfillment of certain closing requirements, the deal is expected to close on June 20^th, 2022.

About Metrie^®:

For nearly 100 years, Metrie has helped people transform their homes with high-quality millwork products. The Metrie story began in 1926 as a small, family-owned and -operated business in Vancouver, B.C. Since then, Metrie’s commitment to innovative design and fine craftsmanship has helped the company expand operations to include six solid wood and MDF manufacturing facilities, plus 26 distribution centers in the U.S. and Canada. Metrie has grown over the last nine decades to become the largest MDF moulding manufacturer in North America. For more information, please visit www.Metrie.com or visit us on social media: LinkedIn, Facebook, Instagram, Twitter, Pinterest, YouTube and Houzz.

Contacts

Jonathan Anthony, Director, Corp. Communications | Jonathan.Anthony@metrie.com | 604-374-3240