LONDON–(BUSINESS WIRE)–#24HourAccess–H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over $47 billion of equity capital under management, announced today that an affiliate has acquired an interest in Titan Storage Solutions (“Titan”), a fast growing self-storage operator and owner of 5 assets for a total of 142,000 sq. ft.

Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: “We are delighted to complete this transaction in line with our strategy of investing in platforms with strong underlying secular trends. With platforms in the cold-storage, film-production and life-sciences sectors, we are focused on building best-in-class businesses which can achieve critical mass.”

Stelios Theodosiou, Managing Director at H.I.G. Europe Realty Partners, added: “The transaction demonstrates our ability to structure joint ventures with high quality partners focused on creating best-in-class platforms in undersupplied markets. Titan’s digital approach to asset procurement and ramp-up has led to a sustainable, future-proof business model. We will continue to develop the platform with a view to create a regional champion in the UK self-storage market.”

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with over $47 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Contacts

Riccardo Dallolio

Managing Director

rdallolio@higrealty.com

CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced that it has been named to the G2 2022 Best Software Awards. Ranking #49 on the Best Software Products list, Procore is the only dedicated construction technology software included. Additionally, Procore ranked #53 on the Global Sellers list.

G2’s annual Best Software Awards ranks the world’s best software companies and products based on authentic, timely reviews from real users. This is the third time Procore has been recognized by the G2 Best Software Awards in the past four years, and the second time Procore appears on G2’s Best Software Products list. Procore specifically scored high on features that are critical to construction such as: mobile app, mobile technology, field communication and collaboration, safety management, centralized platform and many others.

The top 100 software sellers are ranked based on a combination of Satisfaction and Market Presence scores for each seller, and the top 100 products are ranked based on reviews across all categories they are a part of. To be included in one of G2’s Software Sellers or Software Products “Best Of” lists, a software seller or product must receive at least 50 approved and published reviews during the 2021 calendar year.

“Our annual Best Software List aims to guide buyers on their purchasing decisions, knowing they can trust in the credibility and objectivity of our scoring algorithms,” said Godard Abel, Co-founder and CEO, G2. “We applaud those companies named to our 2022 list, as they’ve earned the satisfaction among their customers as well as an impressive market presence.”

Procore is committed to improving the lives of everyone in construction and driving technology innovation. The Procore Platform was created by and for the construction industry, and comes with a deep understanding of the needs of today’s construction professionals.

“We are very grateful to our customers, partners, and industry leaders who have been partnering with us to develop best-in-class construction technology for the past 20 years,” said Tooey Courtemanche, Procore founder and CEO. “This recognition by the G2 Best Software Awards is an honor as it comes directly from our customers, and it underscores our continued commitment to the construction industry.”

Find the full overview of the G2 2022 Best Software Awards in the summary report.

About Procore

Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore’s platform. Our platform connects every project stakeholder to solutions we’ve built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore’s App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in the United States, Canada, and around the globe. Learn more at Procore.com.

PROCORE-IR

Contacts

Media Contact
Andee Brooker

press@procore.com

Investor Contact
Matthew Puljiz

ir@procore.com

Combines the authentic look of cedar shingles with the high performance of poly-ash

HOUSTON–(BUSINESS WIRE)–During the 2022 International Builders’ Show (IBS), Westlake Royal Building Products™ unveils a new profile — 5/8” Lap Siding — to its line of TruExterior poly-ash siding. Developed in response to growing demand, the profile combines the coveted look and shadow lines of traditional lap siding with the high performance of TruExterior’s poly-ash material. It has a true 5/8” butt, a sought-after profile that mimics real cedar, and comes in 16-foot lengths.

“We’ve been getting requests for a lap siding profile for some time, particularly from building pros in the Southeast. Our new 5/8” Lap Siding answers that call, expertly mimicking the thickness and shadow lines of cedar in a way no other man-made product has been able to accomplish,” said John Gerhardt, director, product marketing for Westlake Royal Trim. “Along with its remarkable authenticity, our 5/8” Lap Siding delivers high performance that ensures low maintenance, long-term durability, and enduring beauty.”

Like all TruExterior Siding & Trim profiles, 5/8” Lap is made of poly-ash, a proprietary blend of polymers and fly ash that provides for a high level of dimensional stability, and durability for resistance to warping, cracking, and splitting. As a result, the siding requires no sealing of ends or cuts in the field, it can be used for ground-contact applications, and it can be painted any color, including dark hues.

TruExterior does not need custom tools for cutting, and it offers workability similar to wood. But unlike wood, installers can fasten TruExterior close to the edge, do not have to worry about mushrooming, and do not need to pre-drill. www.truexterior.com.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Kriss Swint

Westlake Royal Building Products

1-614-754-3455

Kswint@Westlake.com

With Hyphen HomeSight, innovative home design software from industry leader Hyphen Solutions, you can give your customers the power to dream and fall in love

DALLAS–(BUSINESS WIRE)–#customhomebuilders–Hyphen Solutions launched its new product Hyphen HomeSight today. This virtual home design and visualization software is a new advance in customer engagement and buying experience from the company that already supports 21 of the top 26 Home Builders across North America.

Using the most advanced visual technology, Hyphen HomeSight is an interactive design software that allows homebuyers to select options and see their dream home come to life. It also enables Home Builders to improve both their design process and their sales conversions.

According to Hyphen Solutions Chief Innovation Officer, Chris Sugg, “For over 20 years, Hyphen Solutions has been creating products to fit the needs of everyone involved in the Home Building industry. This software is a continuation of our dedication to this mission by helping our Home Builders increase their lead conversion and improve the homebuyer journey.”

Stunning Visuals

It’s easier to dream than ever these days. Give your homebuyers that gift. Magic happens when they can truly “see” their home using industry-leading design technology with advanced color science for accurate color representation, auto-masking technology and 2D or 3D image customization.

Extraordinary Sales Tool

Let homebuyers share their choices and collaborate with your own design experts for a complete customer experience that translates into sales. Home design software users are more likely to sign contracts because they are better informed and feel a connection with the home they are designing.

Full Range of Options

With Hyphen HomeSight, your customers can take control and design a home they can see themselves in. They can select community, lot, floorplan, structural options, elevation, exterior finishes, interior finishes, flooring options and fixture options.

Built-in Product Catalog

Hyphen HomeSight is ready to launch. You don’t have to spend precious time hunting down products and details to input. The software already contains a vast catalog of options and selections generated directly from industry-leading manufacturers.

Insights That Increase Productivity

As potential homebuyers make selections based on their preferences, you gain valuable insights into which colors and styles are most popular and which don’t appeal to your market. This can save time for your team and increase their effectiveness and productivity.

Modern Mobility

Most buyers want to work on their tablet or phone these days. Mobility lets them add ideas wherever and whenever they think of them and conveniently share them with others. Hyphen HomeSight’s mobile app is easy to use for Designers, Builders and Customers.

Hyphen’s team is eager to share this innovative new design and sales tool with your team. The NAHB International Builders Show is one great opportunity to learn more about Hyphen HomeSight as well as network and exchange ideas with your peers. Join the Hyphen team in Orlando from February 8-10 for a free demonstration of how Hyphen HomeSight can transform more prospects into sales and in turn, more profits.

Explore Hyphen HomeSight online at www.HSHomeSight.com or contact the Hyphen experts to answer your questions and schedule a personal demo.

About Hyphen Solutions

Twenty-one of the top 26 North American Home Builders trust Hyphen Solutions as a reliable resource in the construction management industry. Hyphen’s software-as-a-service delivers greater operational control, better communication, lower costs and increased productivity for Home Builders, Contractors and Suppliers. 14,500 Supplier companies across the United States and Canada subscribe to Hyphen’s comprehensive Home Builder and Supply Chain solutions, making the company the leading cloud-based construction management software provider. The Hyphen Network serves 570 builder divisions. In 2020, the system helped manage nearly 300,000 new home construction projects. Visit www.hyphensolutions.com to learn more about the collaborative platform.

Contacts

Contact: Payton Bowen, Corporate Marketing Manager, Hyphen Solutions

972-728-8442 direct | 972-728-8100 main

Focusing on the iconic Team Glasser brand, Oliver & Associates Team Glasser renames their company.

LONDON, Ontario–(BUSINESS WIRE)–Oliver & Associates Team Glasser Real Estate Brokerage Inc., an industry leader of Realtors® proudly serving in the Province of Ontario has announced today that the company will begin operating under a new name and will be known as Team Glasser Real Estate Brokerage Inc., effective immediately. This renaming strategy reflects both the evolution of the company as well as its vision for the future. The company’s ownership and staff have not changed.

Broker of Record, Michael Glasser stated, “Our leadership team and I believe it was appropriate to rename our company to more specifically reflect our branding. Our tenure with Oliver & Associates has been extremely positive over the years. We are very proud of our roots and very appreciative of their support with this new venture. We are pleased to introduce our new company name; Team Glasser Real Estate Brokerage Inc. because it allows us to better represent our business to our consumers.”

For more information about the name change or to learn more about Team Glasser Real Estate Brokerage Inc., please visit: www.OntarioHomeSearcher.com

About Team Glasser Real Estate Brokerage Inc.

We are highly respected in our community by offering superior professional services to all of our customers. Our dedicated team of professionals working together makes us a powerful sales force that has one of the highest production results per agent in the Province of Ontario.

Contacts

For more information regarding this announcement, please contact:

Team Glasser Real Estate Brokerage Inc.

Michael J. Glasser

Broker of Record

519.670.5070

99 Horton Street, Suite A

London, ON

N6J 4Y6

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

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that it will release its 2021 fourth quarter financial results before the market opens on Tuesday, March 8, 2022. Management will host a conference call and webcast to speak to these results on Tuesday, March 8, 2022 at 10:00 AM EST.

Conference Call & Webcast

The dial-in numbers for the conference call are 1-888-440-6928 (toll free) and 646-960-0328 (international). No access code required.

The webcast will be accessible at: https://www.interrentreit.com/2021-q4-results. A replay will be available for 7 days after the webcast at the same link.

About InterRent

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

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

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

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

Contacts

Sandy Rose, CFA

Director – Investor Relations & Sustainability

(514) 704-2459

sandy.rose@interrentreit.com
www.interrentreit.com

TORONTO–(BUSINESS WIRE)–#appointmentrelease–Toronto-based real estate development company, Core Development Group (Core), recently announced the appointment of Mark Benoit to the position of Vice President of Design and Construction.

He will be responsible for the oversight and management of design and construction on all Core multi-family residential and purpose-built rental developments. All of Core’s projects feature geothermal and other green technologies to further the company’s commitment to building more sustainable and innovative future-proof communities.

“Mark comes to Core with an extensive record of achievement in architectural design and construction. He will be a great asset to the firm as we continue to expand our real estate portfolio throughout the GTA, bringing much needed housing supply and different housing types to the market,” said Bryan Nykoliation, President of Core Development Group.

Core’s successful closure of multiple land acquisitions this past year in addition to several others slated for closure in 2022 has allowed the company to increasingly scale up its operations. Benoit will join a fast-growing team at Core responsible for facilitating the development of a growing number of projects under management.

“I am thrilled to be joining the dynamic and innovative team at Core Development Group as we begin to plan, develop and ultimately break ground on new multi-family and purpose-built rental developments across Toronto,” said Benoit.

Prior to joining Core, Benoit served as Founder and President of MBCM, a boutique multidisciplinary consultancy firm responsible for the strategic design, development and delivery of over $1 billion in mixed-use developments located throughout Canada, the United States and the Caribbean. Benoit is an award-winning, registered architect licensed in both Canada and the United States.

During the course of his 30 year tenure in architecture and design, Benoit was awarded numerous accolades for his work on notable projects including awards for both Best Development and Leading Resort for The Landings Saint Lucia as well as winning the For-Profit Large Scale Development award for The Westin Medical Centre.

Benoit holds a B.Sc Honours in Geophysics from the University of Manitoba as well as a Bachelor’s Degree in Environmental Design and a Masters of Architecture from Dalhousie University.

About Core Development Group

Core Development Group is a Toronto-based real estate development company that actively sources, develops and manages a wide range of residential real estate projects. The company takes a holistic approach to development and offers a comprehensive range of development and project management services to their clients and partners. Core’s wholly-owned subsidiary, Avanew, focuses on acquiring and developing both urban and suburban rental assets to address the growing demand for more affordable residential living alternatives throughout Ontario. For more information, visit: coredevelopment.ca.

Contacts

Media:

Rachel Rogers
Public Relations Specialist
McOuat Partnership

Cell: 416-984-5524

rachel@partnership.ca

Cloud-based mobile-friendly residential construction management software that solves business challenges so Home Builders can focus on opportunities

DALLAS–(BUSINESS WIRE)–#customhomebuilders—Hyphen Solutions launched its product, BuilderGM, today. This is the newest innovative advancement in Home Builder software from the company that already supports 21 of the top 26 Home Builders across North America.

According to Hyphen Solutions CEO Felix Vasquez, “With this newest product, we’re bringing the power and breadth of our two-sided network of Home Builders and Suppliers to local and regional Home Builders, as well as remodelers.”

BuilderGM offers Builders, Remodelers and General Contractors the ability to work anywhere with collaborative full-team communication, increased productivity and plenty of practical features to run their businesses efficiently while they concentrate on what they do best — building and remodeling houses.

Supports the 4 Critical C’s of the Construction Process

Success in residential construction requires Coordination, Collaboration, Communication and Control. With easy access for employees, subcontractors, Suppliers and customers, BuilderGM makes sure that everyone involved in the project has the information they need to maximize success.

Work Wherever

BuilderGM is a cloud-based complete Home Builder ERP software solution that includes an intuitive mobile app, allowing you to work anywhere, anytime with iOS or Android. Your work isn’t confined to the office, and now, neither is your software. Hyphen brings you the newest and most innovative software for local residential construction — to ensure the success of your business and your sanity!

Estimate Projects Easily and Quickly

Imagine producing professional, complete estimates based on your actual costs for your prospective clients in just a couple of hours. Estimating can be less of a headache and more of an accomplishment to be proud of with BuilderGM’s template-driven estimating and simple job scoping process. BuilderGM creates a more efficient process by using a checklist approach, providing polished presentations and creating full documentation of every specification. Once the project starts, you’ll have easy access to up-to-date budgets, schedules and forecasting. This back-office software automatically crosses your t’s and dots your i’s, allowing you to have more time to focus on what you do best: building new homes.

Upsell Painlessly & Satisfy Your Clients

BuilderGM’s automatically generated questionnaire portal for customers enables them to see the full array of enticing home options and pick the ones they love. Highlight popular options and the most profitable option for you with no extra effort on your part. You can also keep customers in the loop during the bidding process and get their input if there are multiple options that fit the budget.

Communicate Changes in Real-Time

BuilderGM puts Builders, trade partners and customers all on the same page at the same time, in real-time as you would expect from any Hyphen product. Making, approving and implementing changes becomes so much easier and faster. Think about nearly every job you’ve ever done…how much time could this save you? How many delays could it prevent or minimize?

Other Features to Support Your Business

Built to be an integrated solution to run your business more effectively, BuilderGM has many more features to love:

• Integration with QuickBooks to simplify accounting
• Schedule management
• Vendor management
• CRM and Sales
• Photo and video documentation
• Simple, user-friendly interface to get your team up to speed with little training

Hyphen’s team is eager to share all the new software, features and enhanced utility with your team. The Hyphen Solutions Booth W6771 at the NAHB International Builders Show is a great opportunity to learn more about BuilderGM as well as network and exchange ideas with your peers. There will also be BuilderGM experts in the Chameleon booth, W6382 available to demo and answer questions about this innovative solution. Join the Hyphen team in Orlando from February 8-10 for a free demonstration of how BuilderGM could transform your business processes and profitability.

Explore BuilderGM online at www.BuilderGM.com or contact the Hyphen experts to answer your questions and schedule a personal demo.

About Hyphen Solutions

Twenty-one of the top 26 North American Home Builders trust Hyphen Solutions as a reliable resource in the construction management industry. Hyphen’s software-as-a-service delivers greater operational control, better communication, lower costs and increased productivity for Home Builders, Contractors and Suppliers. 14,500 Supplier companies across the United States and Canada subscribe to Hyphen’s comprehensive Home Builder and Supply Chain solutions, making the company the leading cloud-based residential construction management software provider. The Hyphen Network serves 570 builder divisions. In 2020, the system helped manage nearly 300,000 new home construction projects. Visit www.HyphenSolutions.com to learn more about the collaborative platform.

Contacts

Payton Bowen, Corporate Marketing Manager, Hyphen Solutions

972-728-8442 direct | 972-728-8100 main

Brand announces 60^th anniversary celebrations for iconic property with global collaboration with Habitat for Humanity International

EL SEGUNDO, Calif.–(BUSINESS WIRE)–Today, Mattel, Inc. (NASDAQ: MAT) kicks off worldwide celebrations to mark the 60^th anniversary of the Barbie Dreamhouse with a year-long collaboration with Habitat for Humanity International. To mark the 60-year legacy of imaginative play the Dreamhouse has inspired, the brand is undertaking 60 projects and activations, including new construction, home preservation, and neighborhood revitalization, for families in need of safe, decent, and affordable housing around the world.

The Barbie collaboration with Habitat for Humanity aims to create more opportunities for children and their families to live in a place they can call home. During the year, Barbie will fund projects in countries including Canada, Poland, and Brazil, and will help a local family by supporting the construction of a new home in South Los Angeles. Additional projects will include critical home repairs, playhouse builds, and contributing to Habitat’s Women Build program. Mattel employees will have the opportunity to volunteer with Habitat for Humanity of Greater Los Angeles (Habitat LA) on builds throughout 2022, including a new home that will be built in Los Angeles near Mattel’s global headquarters.

“The only thing as iconic as Barbie is her Dreamhouse, a spectacular home that allows kids to immerse themselves in Barbie’s world, and gives them the room to dream,” said Lisa McKnight, Senior Vice President and Global Head of Barbie and Dolls, Mattel. “Through our collaboration with Habitat for Humanity, we mark 60 years of our Dreamhouse by supporting families around the world, giving their dreams a home.”

In 2021, Barbie teamed up with Habitat for Humanity of Greater Los Angeles to celebrate the latest Dreamhouse by adding the brand’s signature style to the home of a family in the Watts neighborhood of Los Angeles in collaboration with designer and DIY duo, Kate Albrecht and Joey Zehr, widely known as “Mr. Kate.” Working with Barbie, Mr. Kate outfitted the bedroom that two young Barbie fans share, girls aged 4 and 8. In addition, the Mattel Children’s Foundation and Barbie donated 100 Dreamhouse playsets to families in Habitat LA’s network.

“At Habitat for Humanity, we know that a safe and decent place to call home makes a difference in the lives of families,” said Julie Laird Davis, Vice President of Corporate and Foundation Relations at Habitat for Humanity International. “Home provides a place for children to play and grow, and a place for families to thrive. We are excited to partner with Mattel to help families around the world make their dream of home a reality.”

Barbie bought her first Dreamhouse in 1962, before women were even allowed to open their own bank accounts. Undergoing remodels and refreshes over the years to reflect the architectural and interior design trends of the times, the Dreamhouse has become one of most popular and recognizable homes in the world. The Dreamhouse is the #1 item in the US dolls category, per NPD*.

To commemorate the imaginative play the iconic toy unlocks, Barbie is also introducing its latest campaign, Barbie Dreamhouse: 60 Years of Giving Dreams a Home, which will celebrate unique anniversary activations to come throughout the year.

* The Barbie Dreamhouse was the #1 item in the US Dolls category in 2021. Sourced by The NPD Group/Retail Tracking Service/US/JAN-DEC 2021/Dolls Supercategory/USD

About Mattel

Mattel is a leading global toy company and owner of one of the strongest catalogs of children’s and family entertainment franchises in the world. We create innovative products and experiences that inspire, entertain and develop children through play. We engage consumers through our portfolio of iconic brands, including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®, Thomas & Friends®, UNO® and MEGA®, as well as other popular intellectual properties that we own or license in partnership with global entertainment companies. Our offerings include film and television content, gaming, music and live events. We operate in 35 locations and our products are available in more than 150 countries in collaboration with the world’s leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering children to explore the wonder of childhood and reach their full potential.

About Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity found its earliest inspirations as a grassroots movement on an interracial community farm in South Georgia. Since its founding in 1976, the Christian housing organization has grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.

MAT-BARB

Contacts

News Media
Devin Tucker

Devin.Tucker@Mattel.com

Launching first in Washington State, the digital platform empowers homeowners with socially conscious financial solutions

VANCOUVER, British Columbia–(BUSINESS WIRE)–#fintech—Fraction, a socially-conscious alternative for accessing home equity in a fair way, announces today its availability in the United States. The company’s first launch in Washington State comes on the heels of its $228mm USD debt-equity funding announcement and Series A in 2021 and success in the Canadian market, with the new capital being used to fuel Fraction’s US expansion.

Many American homeowners lack savings and carry large amounts of debt due to recent pandemic-related unemployment, rising real estate prices, and stagnating wages. But there is an often overlooked opportunity available to US homeowners: their home equity. The US has $26.9 trillion dollars in home equity available with $670 billion of that located in Washington State alone.

The Seattle area has seen significant property growth over the last decade, and those seeking financial support can now turn to Fraction. Fraction’s HELOC product can help homeowners in Washington tap into their growing home value to find relief or even diversify their income.

“Fraction’s HELOC is the innovative and tech-forward loan option that American homeowners need to live and age well, giving them access to fairer alternatives for securing investment capital or solving the problem of being house rich but cash poor,” said Hayden James, CEO and Co-Founder of Fraction. “We’re excited to expand into the US and Washington is an ideal first state for our roll out given its adjacency to the Canadian market.”

Often homeowners seek ways to unlock equity in their homes for large expenditures or diversifying income – examples include funding home renovations, consolidating or paying off debt, launching a business, or purchasing a secondary residence. While in need of solutions, many homeowners aren’t interested in taking on more debt. Fraction allows them to access the built-up equity in their homes with optional monthly payments and an interest rate tied to their local market’s value.

Fraction’s loans feature 100% optional monthly payments and are a flexible way of tapping into your home’s equity. With a Fraction HELOC, borrowers can potentially cut their existing debt payments in half on average, achieved through eliminating their monthly mortgage payments.

Fraction is a first-of-its-kind platform that completely digitizes the entire mortgage application process with the development of a “human-in-the-loop” automated underwriting system that speeds up the application processing by up to 10x and offers a mortgage servicing dashboard where borrowers can self-serve and manage their optional-payments.

Fraction will launch in additional states by the end of 2022.

Learn more by visiting Fraction.com.

About Fraction

Founded in 2018, Fraction is a digital platform that provides socially conscious financial solutions. Fraction’s signature HELOC product empowers homeowners to access the value locked in their homes with optional monthly payments. They can use the cash for anything, from paying off credit-card debt to starting a business to buying a second home. When the term ends, the house sells, or the homeowner exits the loan, Fraction is paid based on the appreciated growth of the home. Fraction has raised over $300 million in funding from notable investors such as QED, Impression Ventures, Primetime Partners, Panache Ventures, and Global Founders Capital.

The company is headquartered in Vancouver, British Columbia, Canada, with offices in Berkeley, California and Toronto, Ontario. Learn more at www.fraction.com

Contacts

Media Contact:
Nicole Brunet

Media@fraction.com

DUBLIN–(BUSINESS WIRE)–The “Canada Construction Equipment Market – Strategic Assessment & Forecast 2021-2027” report has been added to ResearchAndMarkets.com’s offering.

Canada Construction Equipment Market Size To Reach A Revenue Of USD 4.85 Billion and a Volume Of 39,484 Units By 2027, Growing at a Compound Annual Growth Rate (CAGR) Of 4.45% By Volume During 2021-2027

CANADA EQUIPMENT MARKET INSIGHTS

Canada’s construction equipment market was valued at USD 3.8 billion and is forecasted will reach USD 4.85 billion by 2027, growing at a CAGR of 4.45% during 2021-2027. Canada’s earthmoving equipment market is projected to witness robust growth during the forecasted period

According to the building & construction authority Canada, public sector projects will drive the demand for the construction equipment industry, which accounted for 64% of the total demand in 2021 due to the government’s affordable housing programs.

KEY HIGHLIGHTS IN THE REPORT

19 green infrastructure and water distribution projects received a joint funding investment of over USD 29 million by the federal and provincial governments.

Increased automated safety features added to recent cranes may provide market players with significant changes in the future in the Canadian construction machinery manufacturing industry.

CANADA CONSTRUCTION EQUIPMENT MARKET SEGMENTATION

Canada’s earthmoving equipment market is projected to witness robust growth through 2027 owing to the factors such as growth in the transportation sector. Also, deteriorating infrastructure in Canada with bridges with a length of at least 2 meters in Canada will be considered old.

Rapid urbanization drives the market of road roller. The increasing connectivity of roads between cities, towns, and locals has raised the demand for road rollers in the Canadian market.

VENDOR LANDSCAPE

The key players in Canada’s construction equipment market are Caterpillar, Komatsu, Hitachi Construction Machinery, Kobelco, Volvo Construction Equipment, Kubota Group, Sumitomo Heavy Industries, Liebherr, and SANY Group.

Caterpillar announced the acquisition of Weir’s Oil & Gas business, now SPM Oil & Gas, in 2020 to expand its global presence to serve its Oil & Gas customers.

WHY SHOULD YOU BUY THIS REPORT?

This report is among the few in the market that offers outlook and opportunity analysis forecast in terms of:

• Volume (Unit sales)
• Type
• Application
• Value (USD)
• Type
• Application
• Gain competitive intelligence about the economic scenario, advantages, significant projects and investments, dynamics, and market share.
• Examples of the latest technologies.
• Get presentation-ready format and easy-to-interpret data.
• Enable decision-makers to make informed and profitable choices
• Gain expert quantitative and qualitative analysis on value/volume growth projections of the Canada construction equipment market share
• Complete supply chain analysis
• Get COVID-19 impact analysis of the market
• Company Profile of 9 key vendors and 4 other prominent vendors.

Market segmentation by Type

• Earth Moving Equipment
• Excavator
• Backhoe Loader
• Motor Grader
• Other Earth Moving Equipment
• Road Construction Equipment
• Asphalt Paver
• Road Roller
• Material Handling Equipment
• Crane
• Forklift
• Telescopic Handler
• Aerial Platforms (Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts, etc.)

Market segmentation by Application

• Construction
• Manufacturing
• Mining
• Others

Major Vendors

• Caterpillar
• Komatsu
• Hitachi Construction Machinery
• Kobelco
• Volvo Construction Equipment
• Kubota Group
• Sumitomo Heavy Industries
• Liebherr
• SANY Group

Other Prominent Vendors:

• Linamar
• Tadano
• Oshkosh access equipment (JLG)
• Zoomlion Heavy Industry

Key Topics Covered:

Section 1 – Introduction

• Market Snapshot
• Executive Summary

Section 2 – The Market Overview

Economic Scenario, FDI, Advantage Canada, Key economic regions in Canada, Import/Export Trend Analysis, COVID-19 Impact, Supply Chain

Section 3 – Technological Developments

• Advent of new Technology
• Recent Development in Construction Equipment Market

Section 4 – Market Dynamics

• Market Drivers, Restraints, Trends

Section 5 – Canada Construction Equipment (Type & Application)

Section 6 – Competitive Landscape

1. Competitive Landscape Overview

2. Major Vendors (Caterpillar, Komatsu, Hitachi Construction Machinery, Volvo Construction Equipment, SANY Group, Kobelco Construction Machinery, Kubota Corporation, Sumitomo Corporation, Liebherr)

3. Other Prominent vendors

Section 7 – Report Summary

• Key Insights
• Abbreviations
• List of Exhibits

Section 8 – Report Scope & Definition

For more information about this report visit https://www.researchandmarkets.com/r/m5o0jx

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

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HOUSTON–(BUSINESS WIRE)–Westlake Royal Building Products™, has announced the four outstanding winners of the 2021 DaVinci^® Masterpiece Contractor Project of the Year Awards. Three residential projects and one commercial project from across the country have been chosen to receive the prestigious award. Qualifications for DaVinci Masterpiece Contractors to receive the award include excellence of installation work, outstanding visual impact, and ability of the roofing work to transform the look of a home or commercial project.

The top honors for residential projects are awarded to:

• Absolute Construction out of Garland, Texas, for replacing the wind- and hail-damaged roof on the home of the Stokoe family with a DaVinci Single-Width Slate roof. The homeowners selected a Castle Gray Cool Roof to reflect the sun away from their Texas home and to help control energy costs.

  “Investing in a new roof is a big decision. From start to finish, Daniel Askari and his team from Absolute Construction were a delight to work with. They’re professional, courteous and responsive. You couldn’t ask for more from a roofing company.”
  
  Chris Stokoe – Homeowner

• Action Roofing out of Santa Barbara, Calif., for reroofing the estate of radio show host Dr. Laura Schlessinger. Overlooking the Pacific Ocean, the previous roof was literally falling off; now the property has a DaVinci Multi-Width Slate roof in Castle Gray.

  “I like how organized, methodical and professional the crew from Action Roofing was related to my roofing project. No wasted time. The project got done quickly, with no mess ever.”
  
  Dr. Laura Schlessinger – Homeowner

• Braswell Construction Group out of Greensboro, Ga., for reroofing the European-style home of Don and Shannon Harvey. The lakeside home was re-roofed as part of a home remodeling project, and now features a DaVinci Multi-Width Slate roof in Smokey Gray.

  “Chris Braswell and his team worked efficiently to get the job done. We understand our home’s design is not particularly easy for a roofer. However, this crew respected our property and has given us a DaVinci roof that we truly love.”
  
  Shannon O’Keefe-Harvey – Homeowner

The commercial project receiving top honors is:

• Champion Roofing out of Oklahoma City, Okla., for installing DaVinci Single-Width Slate roofing in the European color on the Donald W. Reynolds Complex at Children’s Center Rehabilitation Hospital. In addition, the Pediatric Medical Rehabilitation Unit and the outpatient pharmacy also received new roofing.

  “The team at Champion Roofing is very responsive. They worked with our team on meeting the specific needs of our hospital. We’re open 24/7. It was imperative that we have a roofing company that was flexible and attentive to our specific needs. Champion Roofing met and exceeded all our expectations.”
  
  Albert Gray – President of the Board, Children’s Center

MEDIA NOTE: Professional images, videos and more details are available on each of the award-winning projects.

About Westlake Royal Building Products

Westlake Royal Building Products USA Inc., a Westlake company (NYSE:WLK), is a leader throughout North America in the innovation, design, and production of a broad and diverse range of exterior and interior building products, including Siding and Accessories, Trim and Mouldings, Roofing, Stone, Windows and Outdoor Living. For more than 50 years, Westlake Royal Building Products has manufactured high quality, low maintenance products to meet the specifications and needs of building professionals, homeowners, architects, engineers and distributors, while providing stunning curb appeal with an unmatched array of colors, styles, and accessories.

For more information, please visit WestlakeRoyalBuildingProducts.com. Follow us on LinkedIn and Instagram and “Like” us on Facebook.

Contacts

Media Contact:
Wendy Bruch

wbruch@davinciroofscapes.com