Real begins the year with more than 24,000 agents throughout North America

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers and sellers, today announced that Harvest Realty, a high-producing independent brokerage serving Southern California, has joined Real. This addition brings 550 agents who specialize in serving the Chinese community to Real, pushing the company’s agent count above 24,000.

Led by Christine Li and John Zhang, Harvest Realty has a proven track record of excellence. After immigrating to the U.S. and earning master’s degrees from the University of Southern California, Li pursued a successful career in banking while Zhang began his real estate career as an agent and developer. The husband-and-wife team launched Harvest Realty in 2014, focusing on guiding clients in Southern California’s Los Angeles and Orange counties. Since its founding, the brokerage has closed 5,210 home sales totaling $6.8 billion, including 1,627 sales valued at $2.4 billion in 2024.

“Christine and John’s journey is the kind of story that inspires anyone chasing their version of the American Dream. After rock-solid careers of their own, they decided to combine their skills and their shared passion to help Chinese home buyers, sellers and investors navigate Southern California’s competitive real estate market,” said Real President Sharran Srivatsaa. “They’ve set the gold standard for service to the Chinese community. Their story isn’t just about success—it’s about making a difference, and we couldn’t be more thrilled to welcome this incredible duo and their entire team to the Real family.”

Harvest joins Real under the company’s Private Label program, which enables independent brokerages to maintain their own brand while benefiting from Real’s resources and compensation programs. At Real, Harvest’s agents will also gain access to the company’s virtual community platform, which features automatic translation in more than 90 languages, fostering seamless communication and connection.

“Real provides the technology and programs that will help our agents increase their production and become more efficient, while also providing revenue share and stock options that tie their success to that of the company,” said Li. “However, what was most important was Real’s leadership. They are great leaders, and we are confident that the Real platform will allow us to continue to grow and serve our agents and clients.”

About Real

Real (NASDAQ: REAX) is a real estate experience company working to make life’s most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence throughout the U.S. and Canada, Real supports more than 24,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses.

Forward-Looking Information

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

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. Important factors that could cause such differences include, but are not limited to, slowdowns in real estate markets, economic and industry downturns, Real’s ability to attract new agents and retain current agents and those risk factors discussed under the heading “Risk Factors” in the Company’s Annual Information Form dated March 14, 2024, a copy of which is available under the Company’s SEDAR+ profile at www.sedarplus.ca. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Contacts

Investor inquiries, please contact:

Ravi Jani

Vice President, Investor Relations and Financial Planning & Analysis

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Senior Director, Marketing, Communications & Brand

elisabeth@therealbrokerage.com
201.564.4221

Belleterre Partners Creates Affordable Student Rentals Walking Distance From NBCC

MIRAMICHI, New Brunswick–(BUSINESS WIRE)–As tuition fees rise alongside the country’s cost of living crisis, students are an underrepresented factor in today’s housing markets. In a neighbourhood critically lacking affordable opportunities for student living, New Brunswick’s premier non-profit real estate developers have created a new place for students to live, grow, and learn in Miramichi, NB at 1400 Water Street, Chatham.

Together with New Brunswick Community College, Uni Financial Cooperation, and Aequus Construction (Miramichi), Belleterre Community Partners is prepared to unveil its very first Student Rental community. Offering 18 units just in time for the winter semester, Phase 1 will open for occupancy January 13th. Phase 2 is set to open for the fall semester in Q3 of 2025, increasing capacity to allow even more students to enjoy convenient rentals close to campus.

Blair Martin, founder and President of Belleterre Community Partners, shared that “Belleterre Community Partners is honoured to open Phase 1 of its housing for students in Miramichi. In addition to meeting the critical need for student housing in the community, the project fulfills Belleterre’s commitment to repurposing functionally obsolete properties in New Brunswick and expands the scope of services the organization can deliver to communities throughout the province.”

With a goal to address the urgent need for affordable housing in his hometown of Miramichi, Blair created Belleterre to use his experience in real estate development to give back to the community in a sustainable manner.

These dual goals of sustainability and affordability require a unique approach to community development. Belleterre repurposes existing infrastructure to give new life to neighbourhoods in and around Miramichi, reducing construction waste, time, and budget through efficient renovations of landmarks like the Bata Shoe Factory in Battawa, Ontario.

In the case of Miramichi’s new Student Rentals, Belleterre has transformed the former Miramichi Senior Citizens Home into an affordable off-campus residence for students of New Brunswick Community College. Located only 3 minutes from the Chatham/Miramichi campus by car, students now have an incredible opportunity to live close to school while taking steps towards independence. Public transit is also available in the area, allowing residents to access campus in just 15 minutes.

Belleterre’s Student Rentals are a collection of single and double rooms, each with access to their own toilet and sink, while residents will share kitchen, shower, lounge, and laundry facilities. Rooms are fully-furnished with a bed, desk, chair, nightstand, and dresser, providing the same lifestyle experience as typical student housing traditionally found on campus.

As their first foray into student housing, 1400 Water Street is a new step in Belleterre’s goal to provide affordable housing across the province. To learn about this new opportunity for student housing in Miramichi, visit BelleterrePartners.com for more information.

Contacts

To learn more about Miramichi Student Housing o/o by Belleterre Community Partners –

Contact Blair Martin at (416) 316-7263 or visit belleterrepartners.com
Corporate office: 550 Bayview Ave. Suite 403, Toronto, ON., M4W 3X8

MONTREAL–(BUSINESS WIRE)–KOZEStays.com, a global powerhouse in short-term rental management, is starting the year with a milestone achievement—cementing its position as Montreal’s leading short-term rental management company. With a portfolio spanning hundreds of ultra-luxurious properties and thousands of reservations per quarter, KOZE generates over $10,000,000 in bookings every quarter for their clients. From humble beginnings with a single investment property, KOZEStays.com has become a dominant force in the global market.

Global Reach, Local Expertise

Managing properties in premier destinations worldwide—including Montreal, Toronto, Vancouver, Mont-Tremblant, Laurentians, Lanaudière, Dubai, Mexico, Ecuador, and many more—KOZEStays.com provides unmatched services to property owners and travelers alike. With a proven track record of success, KOZEStays.com delivers comprehensive solutions designed to maximize revenue and optimize property management.

Exclusive Benefits for Property Owners:

• Unrivaled Visibility: Over 1,000,000 monthly views from global travelers ensuring your property gets noticed.
• Dynamic Pricing Optimization: Continuous rate adjustments maximize returns for owners while delivering value to guests.
• Transparent, Flexible Contracts: Customized agreements adapt to each owner’s unique needs.
• Superhost and Exclusive Luxe Access: Privileged host status and early access to exclusive features attract premium clientele.
• 24/7 Dedicated Support: Personalized account management and on-site teams ensure smooth operations.
• Quick Payments: Owners receive earnings within 24 hours of guest check-in through direct transfers.

Adding to its unique edge, KOZEStays.com leverages the services of North America’s largest cleaning company—operating in over 1,000 cities with a network of 150,000 cleaners—to maintain impeccable property standards, documenting each clean before and after with pictures and videos for their clients to see.

A Vision Turned Reality

From its humble beginnings, KOZEStays.com has evolved into a global powerhouse, redefining short-term rental management. Its unwavering commitment to transparency and superior returns continues to set industry benchmarks, making KOZEStays.com the trusted partner for property owners worldwide.

Experience the KOZE Difference

Discover how KOZEStays.com can maximize your property’s potential. Contact us today for a free revenue projection and experience the KOZE benefits firsthand. Visit www.KOZEStays.com to learn more.

Property owners in regions not currently listed are encouraged to contact us here: KOZEStays.com/ContactUs to explore how KOZEStays.com can bring our industry-leading services to their area, with exclusive preferred rates available for early adopters.

Contacts

Media:
Kimberly Eid – Director of Marketing / PR

Kimberly.Eid@kozechalets.ca

SWORDS, Ireland–(BUSINESS WIRE)–Trane Technologies (NYSE: TT), a global climate innovator, announced that it has completed the acquisition of BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. The acquisition was previously announced in a press release on December 18, 2024.

BrainBox AI uses advanced deep learning algorithms to predict building energy needs and automate HVAC systems, thus reducing energy consumption by up to 25% and reducing greenhouse gas (GHG) emissions by up to 40%. The acquisition builds on the companies’ existing collaboration and combines BrainBox AI’s leading Artificial Intelligence technology with Trane Technologies’ advanced building management and digital capabilities to meet fast-growing demand for sustainable, autonomous building solutions.

“We are delighted to officially welcome BrainBox AI associates as we further expand upon our companies’ complementary capabilities, technology and offerings,” said Riaz Raihan, senior vice president and Chief Digital Officer of Trane Technologies. “We look forward to bringing our teams and technologies closer together as we help customers meet their business and sustainability goals through the power of AI and smart building technologies.”

About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our environmentally responsible portfolio of products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechologies.com.

About BrainBox AI

Founded in 2017, BrainBox AI was created to address the dilemma currently facing the built environment: its energy consumption and significant contribution to climate change. As innovators of the global energy transition, BrainBox AI’s game-changing HVAC technology leverages autonomous AI to make buildings smarter, greener, and more efficient. Working together with trusted global partners, BrainBox AI supports real estate clients in various sectors, including office buildings, hotels, commercial retail, grocery stores, airports, and more. Headquartered in Montreal, Canada, a global AI hub, our workforce of over 190 employees, bring with them talent from all sectors with the common thread of being in business to heal our planet. For more information visit: brainboxai.com.

Forward-Looking Statements

This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to the acquisition of BrainBox AI and the anticipated impact of the transaction on the Company’s strategic initiatives and sustainability commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

Contacts

Media Contact:
Travis Bullard

+1 919-802-2593

Media@tranetechnologies.com

Investors Contact:
Zachary Nagle

+1-704-990-3913

InvestorRelations@tranetechnologies.com

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months and year ended December 31, 2024, after the market closes on Tuesday, February 18, 2025.

Interested parties are invited to participate in a conference call with management on Wednesday, February 19, 2025 at 10:00 a.m. Eastern time. To access the conference call, click on the following link to register at least ten minutes prior to the scheduled start of the call: Pre-registration link. Participants who pre-register prior to the call will receive an email with dial-in credentials including login passcode and PIN to gain immediate access to the live call. Those that are unable to pre-register may dial-in for operator assistance by calling 1-833-950-0062 and entering the access code:155981.

A live webcast will also be available in listen-only mode. To access the simultaneous webcast, go to the following link on RioCan’s website: Events and Presentations and click on the link for the webcast.

If you cannot participate in the live mode, a replay will be available for one week following the date of the live conference call. To access the replay, please dial 1-866-813-9403 followed by the access code: 526178.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2024, our portfolio is comprised of 186 properties with an aggregate net leasable area of approximately 33 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Contacts

RioCan Contact
Ava Ghukasyan

Director, Investor Relations

(416) 606-1118