AUSTIN, Texas–(BUSINESS WIRE)–#carbonfootprint–Businesses are being held accountable for their environmental impact. Some companies have taken a proactive approach by announcing their plans to reach net zero, while others are considering more modest reductions to reduce operational expenditures. A few weeks ago, the Securities and Exchange Commission (SEC) issued a proposal requiring public companies to disclose climate risk and greenhouse gas (GHG) emissions data, prompting executives to examine their current energy usage.

The challenge? Business leaders don’t know where to begin.

“There’s a huge knowledge gap here,” says Rich McBee, President & CEO of CLEAResult, “and we’re uniquely qualified to not just fill it—but do it better and faster than any other business.”

CLEAResult is North America’s leading provider of energy efficiency solutions and recently became the Official Energy Efficiency Partner of the Boston Red Sox. They have worked primarily with utility companies to save homes and businesses money by reducing energy use for the past 20 years. Now, they’re expanding their expertise to work directly with forward-thinking business and community organizations like manufacturers, healthcare providers, schools, stadiums and more.

Rob Beckwith, CLEAResult’s VP of Carbon Consulting Business Development, noted, “Environmental, social and governance (ESG) issues have become increasingly important to investors, advisors and regulators in recent years. Over the past two decades, companies that have successfully embraced ESG performance into their corporate DNA have outperformed others in terms of stock price, overall management, and ‘peer perception’ within their respective industries.”

Leveraging two decades of experience, CLEAResult has developed practical solutions to measure and reduce businesses’ annual carbon emissions, with the ultimate goal of reaching net zero. In 2021 alone, they helped save people over $9 billion on their energy bills through efficiency upgrades and averted more than 22.8 million metric tons of CO₂ emissions from our environment.

CLEAResult’s Carbon Consulting services offer a comprehensive portfolio of energy and GHG emissions reduction solutions, rather than delivering limited scopes of work. Their energy experts begin by measuring an organization’s current GHG emissions and providing energy-efficient measures to reduce them. From there, they recommend ways to transition to renewable energy and purchase carbon credits to further decrease carbon footprints. This approach enables companies to bring CLEAResult in at any stage of the process and lean on them as a singular resource for measuring, planning, implementing and improving their reduction strategies.

“We keep things simple for our clients. All the technical and tedious work is handled in-house.” McBee continued. “Businesses are busy, we get that. But when we show them how much money they’ll save and the impact it will have on our environment, all of their employees get excited–not just the executives.”

CLEAResult is currently offering free consultations for companies looking to lower their energy costs and carbon emissions. Visit CLEAResult.com/carbon-consulting for more information.

About CLEAResult

CLEAResult is the largest provider of energy efficiency, energy transition and decarbonization solutions in North America. Since 2003, our mission has been to change the way people use energy. Today, our experts lead the transition to a sustainable, equitable, and carbon-neutral future for our communities and our planet.

Our hometown teams collaborate with a diverse network of local partners to deliver world-class technology and personalized services that make it easy for commercial and industrial businesses, governments, utilities and residential customers to reduce their energy use and carbon footprint.

CLEAResult is headquartered in Austin, Texas, and has over 2,400 employees in more than 60 cities across the U.S. and Canada. CLEAResult is majority owned by TPG through its middle market and growth equity investment platform TPG Growth and its multi-sector global impact investing strategy The Rise Fund.

Explore all our energy solutions at clearesult.com.

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Contacts

media@clearesult.com
Amber Tester
Director Corporate Communications

LADERA RANCH, Calif.–(BUSINESS WIRE)–Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”), announced today the acquisition of an approximately 590-unit self storage facility in Chandler, Arizona. The property was originally built in 1999 and expanded in 2020. This is the 13^th acquisition in SST IV and fourth acquisition in the Phoenix Market. Since SST VI launched as a private REIT in the first quarter of 2021, the REIT has purchased approximately $190 million of self storage facilities and land parcels to be developed into self storage.

Located at 12220 E. Riggs Road, the facility is comprised of approximately 81,400 square feet of rental space across a mix of 590 climate-controlled and non-climate-controlled units. This location is located near Bear Creek Golf Complex, Springfield Golf Resort & Sunbird Golf Club and is well-positioned to serve the areas of Chandler, Sun Lakes, Goodyear Village, Queen Creek, and Gilbert. It is easily accessible from Hwy 87, with good visibility from E. Riggs Rd. The new SmartStop® Self Storage location has desirable amenities including a sophisticated security system, secured and alarmed doors, gated entry, ground floor drive-up units, and interior climate-controlled units.

“We are extremely pleased to add this high quality property to our portfolio at SST VI, and expand SST VI’s footprint in Phoenix,” said Wayne Johnson, Chief Investment Officer of SST VI. “With our 11^th operating property in the program, we believe we are amassing a very high quality portfolio that we expect will create strong value for stockholders.”

About Strategic Storage Trust VI, Inc. (SST VI):

SST VI is a Maryland corporation that intends to qualify as a REIT for federal income tax purposes. SST VI’s primary investment strategy is to invest in income-producing and growth self storage facilities and related self storage real estate investments in the United States and Canada. As of May 17, 2022, SST VI has a portfolio of 11 operating properties in the United States comprising approximately 7,500 units and 785,000 rentable square feet and joint venture interests in two development properties in Toronto, Ontario.

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

SmartStop is a self-managed REIT with a fully integrated operations team of approximately 420 self storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs. As of May 17, 2022, SmartStop has an owned and managed portfolio of 170 properties in 22 states and Ontario, Canada, comprising approximately 115,900 units and 13.2 million rentable square feet. SmartStop and its affiliates own or manage 19 operating self storage properties in the Greater Toronto Area, which total approximately 16,200 units and 1.7 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

Contacts

David Corak
VP of Corporate Finance

SmartStop Self Storage REIT, Inc.

949-429-3331

IR@smartstop.com

IRVINE, Calif.–(BUSINESS WIRE)–$SBRA #Sabra–Sabra Health Care REIT, Inc. (“Sabra”, the “Company”) (Nasdaq: SBRA) announced that Sabra, pursuant to its joint venture with Sienna Senior Living (“Sienna”) (TSX: SIA), has completed the previously announced acquisition of a high-quality Canadian senior housing portfolio for a total consideration of C$307.5 million (USD $236.5 million).

As previously disclosed, the portfolio consists of 11 high-quality senior housing communities strategically positioned across the provinces of Ontario and Saskatchewan. Sabra and Sienna acquired the portfolio through a newly formed 50/50 joint venture, with Sienna also acting as the operator. The predominantly independent living portfolio consists of mostly newer construction with an average age of six years, which positions it well to capture demand growth across the senior housing industry as Canada’s 75+ population is expected to double over the next 20 years.

Sabra funded its portion of the acquisition using cash on hand and its credit facility. The Company plans to use proceeds from in-process capital recycling activity to keep leverage in line with its long-term target of approximately 5.0x net debt to adjusted EBITDA.

About Sabra

Sabra Health Care REIT, Inc., a Maryland corporation, operates as a self-administered, self-managed real estate investment trust (a “REIT”) that, through its subsidiaries, owns and invests in real estate serving the healthcare industry throughout the United States and Canada.

FORWARD-LOOKING STATEMENTS SAFE HARBOR

This release contains “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995. Any statements that do not relate to historical or current facts or matters are forward-looking statements. These statements may be identified, without limitation, by the use of “expects,” “believes,” “intends,” “should” or comparable terms or the negative thereof. Examples of forward-looking statements include all statements regarding expected demand growth in the senior housing industry in Canada; the Company’s ability to capture such demand growth; the Company’s expectations regarding capital recycling activity; and the Company’s expectations regarding its leverage.

Sabra’s actual results may differ materially from those projected or contemplated by the Company’s forward-looking statements as a result of various factors, including, among others, the risks and uncertainties found in its filings with the Securities and Exchange Commission, including in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2021. Sabra does not intend, and undertakes no obligation, to update any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, unless required by law to do so.

Contacts

Investor & Media Inquiries: 1-888-393-8248 or investorinquiries@sabrahealth.com

 

Global manufacturer celebrates milestone by reflecting on its roots and heritage – the story of a man, a timber beetle and a saw chain design that revolutionized the forestry industry and shapes it still today

PORTLAND, Ore.–(BUSINESS WIRE)–In 1947, forester Joe Cox observed the C-shaped jaws of a timber beetle larva deftly chewing through wood. This was the inspiration for his “Cox Chipper Chain,” which he quietly invented in the basement of his home in Portland, Oregon. That same year, Cox started the Oregon Saw Chain Corp. to produce his saw chain – from a basement startup to a global manufacturer. Over time, Cox and his saw chain revolutionized the timber industry, and today the company he founded is the manufacturer of the World’s #1 Saw Chain™.

The company – known today as Oregon Tool – has grown into a multinational organization with numerous acquisitions and mergers. At 3,000 Team Members strong, Oregon Tool sells thousands of products in more than 110 countries. Oregon Tool is a top manufacturer of saw chain and guide bars for chainsaws, diamond saw chain for concrete and pipe and agricultural tractor attachments, and the leading original equipment manufacturer (OEM) supplier of first-fit and replacement parts.

“Joe Cox sought to improve cutting performance for those in his industry. His innovative and pioneering spirit led him to look to nature for a solution, and what he learned from the timber beetle provided the blueprint for not only his namesake chain, but every saw chain made in the last 75 years,” said Oregon Tool CEO Paul Tonnesen. “Joe’s efforts changed the industry and gave way to our company, and what he did and who he was continues to inspire our Team Members around the world.”

Across the decades, Oregon Tool has continued to embrace the innovation of its founder and has long been rooted by four core values of leading with humility, pioneering spirit, global stewardship and owning it. The company is a leader in manufacturing saw chain and other tools that have forged a path forward to easier and safer ways of cutting. The Oregon® brand established chainsaw safety standards for the industry in the 1970s, and the ICS® brand innovated the diamond chain concrete-cutting segment with power cutters that offered pros a safer way to cut pipe in the trenches.

As a nod to their heritage and embracing their core values, Oregon Tool has launched the T.R.E.E. Initiative, focusing on four key areas: Training, Recovery, Environment and Education. As part of T.R.E.E., the company is continuing their partnership with Tree-Nation to further reforestation, with the goal of planting 75,000 trees in 2022. The company will be hosting its second annual RUN, WALK, BIKE event throughout the year, inviting Team Members around the world to get moving in support of the health of the planet.

About Oregon Tool

Oregon Tool is a global, premium-branded, aftermarket-driven precision cutting-tool platform. The company’s portfolio of brands specializes in professional grade precision cutting tools for forestry, lawn and garden; farming, ranching and agriculture; and concrete cutting and finishing. Headquartered in Portland, Oregon, with a multinational manufacturing and distribution footprint, Oregon Tool sells its products in more than 110 countries under the Oregon®, Woods®, ICS®, Pentruder®, Merit®, Carlton® and SpeeCo® brands. The company is the world’s #1 manufacturer of saw chain and guide bars for chainsaws and diamond saw chain for concrete and pipe, a leading manufacturer of agricultural tractor attachments, and the leading OEM supplier of first-fit and replacement parts. Learn more at www.oregontool.com.

Contacts

Media Contact:
Becca Vollmer

608-256-6357

bvollmer@hiebing.com

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

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“ InterRent”) announced today that its distribution declared for the month of May 2022 is $0.0285 per Trust unit, equal to $0.3420 per Trust unit on an annualized basis. Payment will be made on or about June 15, 2022, to unitholders of record on May 31, 2022. 

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)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of high-quality workplace real estate, announced today that the Board of Trustees has declared a distribution for the month of May 2022 of C$0.0333 per trust unit of the REIT, representing $0.40 per unit of the REIT on an annualized basis.

The distribution will be payable on June 15, 2022 to unitholders of record as of the close of business on May 31, 2022.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is a global owner and operator of high-quality workplace real estate. The REIT owns interests in and operates a portfolio of strategic and well-located real estate assets in North America and Europe. A majority of the REIT’s portfolio is comprised of government and high-quality credit tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SOT-Dist

Contacts

Investor Relations

+1 416 644 4264

ir@slateam.com

First-of-its-kind 3D residence to develop by Summer 2022 in Ontario, Canada

WINDSOR, Ontario–(BUSINESS WIRE)–#3D–Habitat for Humanity Windsor-Essex, is partnering with the University of Windsor and nidus3D – Canada’s leaders in 3D construction printing, on the nation’s first permitted 3D printed residential homes.

This historic project – on the site of Leamington’s The Bridge Youth Resource Centre – is a key step in increasing access to affordable housing in Canada.

“This will be a historic build, the first 3D printed homes for residential use in this country, and potentially a game-changing solution to the current housing crisis. Habitat Windsor-Essex is working with the University of Windsor to learn more about how this new technology can potentially shorten construction times, and, over time, reduce input costs. Habitat W-E will benefit from the learning here, and those learnings could have a far-reaching impact for Habitat, and for the construction industry more broadly,” said Fiona Coughlin, Executive Director & CEO Habitat for Humanity Windsor.

This build is partially funded through Canada Mortgage and Housing Corporation’s Innovation Fund. And thanks to the latest partnership with nidus3D, Habitat for Humanity is leaning on the company’s cutting-edge 3D construction technology to make home ownership more affordable in Canada.

“In Windsor-Essex alone, there are currently 6,500 individuals that are homeless or at risk of homelessness, and the current solutions are simply not adequate in addressing this issue,” said, Ian Arthur, President & Founder nidus3D. “nidus3D is driven by the mission for increasing access to housing, and we’re deeply honoured for building the first multi-unit 3D printed homes in North America. This historic build serves as proof-of-concept for future builds, and paves the path for quicker and more cost-effective homes for Canadian families.”

During COVID, there was devastating impact of co-living on rooming houses and other communal living spaces. There was loss of life that could have been prevented.

Krista Rempel, Executive Director for The Bridge Youth Resource Centre states, “We’re grateful for the opportunity to be part of this historic build. The Bridge is investing in housing through this collaborative opportunity to not only do their part in addressing this housing crisis but the initiative will also support on-going operating dollars to sustain the organization long-term.”

This first-of-its-kind project will result in four units, in a self-contained home each unit measuring 560 square feet.

“We are very proud to be an active partner and research collaborator in this landmark research project of 3D printed home construction,” said Dr. Sreekanta Das, Professor of Civil Engineering at the University of Windsor.

This construction project will help forming the design codes and standards on 3D printed constructions.

“We are excited about this innovative solution to addressing the national housing crisis,” said Hilda MacDonald, Mayor of the Municipality of Leamington. “We are very grateful the Municipality of Leamington was selected as the location of this first-of-its-kind fully accessible 3-D multi-unit residential build.”

The 3D printed homes will be available by Summer 2022 for individuals and couples in need of attainable housing. For more information, visit: 3D Printed Homes Partnership.

About Habitat for Humanity Windsor-Essex

Habitat for Humanity Windsor-Essex is a non-profit organization working for a world where everyone has a safe and decent place to live. You can support Habitat for Humanity Windsor-Essex by donating or shopping at the Restore located at 51 Edinborough St. in Windsor. Visit www.habitatwindsor.org for more information.

About nidus3D

nidus3D is a strategic partner and distributor of COBOD BOD2 printers based out of Kingston, Ontario. With experience in construction, lean manufacturing, and public affairs, the team at nidus3D is actively deploying 3DCP (3D Construction Printing) technology to lower building costs and increase access to housing that is resilient, efficient and sustainable, all while complying with Canadian building standards. Visit nidus3d.com for more information.

About The Bridge Youth Resource Centre

The Bridge is a non-profit organization focused on the vision to help every youth reach their potential. Individuals can learn more about The Bridge, including giving opportunities, by visiting www.thebridgeyouth.ca.

About University of Windsor

The University of Windsor is a leading research and teaching university located in Windsor, Ontario, Canada. The Department of Civil and Environmental Engineering is an academic department within the Faculty of Engineering that has been researching the development of environmentally-friendly, sustainable printing materials, as well as the applications of 3D printing in construction to resolve the ongoing domestic housing crisis.

Contacts

Habitat for Humanity Windsor-Essex
Fiona Coughlin
Executive Director, CEO

Mobile: 519-969-3762 x225

Email: fcoughlin@habitatwindsor.org

nidus3D Inc.
Ian Arthur
President, CEO

Mobile: 613-449-2745

Email: ian@nidus3d.com

University of Windsor
Sreekanta Das, PhD, PEng
Professor of Civil Engineering

Ph: 519-253-3000 x2507

Email: sdas@uwindsor.ca

Media Inquiries:
Jay Sachdev
Founder, CEO

Breathe Purpose Media

Mobile: 647-203-3595

Email: jay@breathepurposemedia.com