TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 by press release on Wednesday, February 5, 2025 at approximately 7:30 am ET. The conference call to review these financial results will take place… [Read More]
Real to Present at the 27th Annual Needham Growth Conference
TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX) (“Real” or the “Company”), a technology platform reshaping real estate for agents, home buyers and sellers, today announced that its Chairman and Chief Executive Officer, Tamir Poleg, will present at the 27th Annual Needham Growth Conference in New York on Tuesday, January 14, 2025 at 1:30 p.m. ET.
Conference Details:
Date: Tuesday, January 14, 2025
Time: 1:30 p.m. ET
Webcast link: https://wsw.com/webcast/needham143/reax/2252448
Real’s remarks will be broadcast live, and a replay will be available for one year at the link above, and on the investor relations section of the company’s website at https://investors.onereal.com/.
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. Additional information can be found on its website at www.onereal.com.
Contacts
For additional information, 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
Top-Performing Team The Burgman Group Joins Real
High-volume team, led by industry influencer Shane Burgman, expands Real’s presence throughout Florida’s Space Coast
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 it has expanded its presence throughout Florida’s Space Coast with the addition of The Burgman Group. Led by industry influencer Shane Burgman, the three-person team has built a reputation for its tenacious work ethic, which has made it one of the top-producing teams in the market. During his 10-year career, Burgman has averaged 50 home sales a year valued at more than $200 million in total sales.
Burgman began his real estate career in 2015 following 10 active-duty years in the U.S. Navy as a Nuclear Submarine Missile Technician. He credits his military service for his passion to make a difference in people’s lives and core values of hard work and high ethical standards, qualities that enabled him to make a successful transition to real estate. In addition to his strong track record, Burgman has built a loyal social media following based on his high-quality production value, market insights and real estate advice. He currently has 22,000 followers on Instagram and 5,000 on YouTube with more than 1 million views.
Having experienced multiple military transfers during his time in the Navy, Burgman understands the difficulties that relocations pose and has used this experience to help other military families looking to settle on Florida’s Space Coast. At Real, he will be part of the company’s Military Division, which specializes in serving the needs of Veterans and active-duty service members and their families.
“Shane’s unwavering honesty and relentless work ethic have earned him a reputation as one of the most trusted names in real estate and a leader among his peers,” Real President Sharran Srivatsaa said. “I’m thrilled to welcome Shane and his team to Real and look forward to seeing how our platform helps them elevate their impact on clients while inspiring their peers.”
Burgman said Real’s collaborative community, technology and entrepreneurial focus are what drew him and this team to Real.
“I’ve been following Real for a while. I’m stoked about this new opportunity and thrilled to enhance my clients’ overall experience. Real’s commission structure and revenue share provide upside potential that allows us to build long-term wealth, while the company’s technology platform is designed for teams like ours that are always looking to better serve clients. We couldn’t be more excited to make the move to Real,” Burgman said.
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
SmartStop Self Storage REIT, Inc. Expands Portfolio in the New York Metropolitan Region
LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, is pleased to announce the acquisition of two premier Class A storage facilities in the New York Metro region.
The first facility, located at 1204 Broad St. in Clifton, New Jersey, encompasses approximately 116,100 net rentable square feet. Boasting a traffic count of approximately 158,800 vehicles daily from State Highway 3 and Broad Street, this prime location is conveniently situated across from a well-established retail store. The property features a three-story building with a basement, offering exclusively interior climate-controlled units accessible via two elevators, making it an ideal choice for consumers seeking premium storage options.
The second facility, situated at 591 N. Union Ave. in Hillside, New Jersey, spans approximately 111,600 net rentable square feet. With excellent visibility and accessibility and a daily traffic count of approximately 202,281 vehicles, this property benefits from its location near Garden State Highway. The six-story building offers a versatile mix of non-climate-controlled drive-up units and interior climate-controlled units. Additional amenities include two elevators and a covered loading bay, ensuring convenience for customers.
The two facilities sit in a densely populated submarket with an average three-mile population of approximately 266,000. The Clifton facility will serve the communities of Athenia, Passaic, Wallington, Rutherford, Delawanna, Nutley, Brookdale, Bloomfield, Montclair, Upper Montclair, Verona, Cedar Grove, Little Falls Township, and Totowa, while the Hillside facility will cater to neighborhoods of Millburn, Maplewood, Ivy Hill, Vailsburg, Irvington, Upper Clinton Hill, Weequahic, Dayton, Roselle Park, Roselle, Union, Springfield, and Vauxhall.
“The acquisition of these Class A facilities represents an additional step forward in our growth strategy to expand SmartStop’s footprint in major metropolitan markets,” said Wayne Johnson, President of SmartStop. “Their strategic locations, state-of-the-art features, and strong market fundamentals align with our commitment to providing exceptional storage solutions for our customers.”
About SmartStop Self Storage REIT, Inc. (SmartStop):
SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 525 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 January 7, 2025, SmartStop has an owned or managed portfolio of 211 operating properties in 22 states, the District of Columbia, and Canada, comprising approximately 151,000 units and 16.9 million rentable square feet. SmartStop and its affiliates own or manage 38 operating self-storage properties in Canada, which total approximately 32,900 units and 3.4 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.
IR@smartstop.com
Nexus Industrial REIT Announces the Sale of Four Non-Core Industrial Buildings and Two Legacy Office Buildings
TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of four non-core industrial buildings located in Saskatchewan and two legacy office buildings located in Quebec and New Brunswick (the “Properties”). “The sale of these non-core industrial document storage buildings and legacy office… [Read More]
Nexus Industrial REIT Announces Fourth Quarter and Year-End 2024 Results Date, and January and February Distributions
TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the fourth quarter and year ended December 31, 2024, before the opening of the TSX on Monday, March 10, 2025. Management of the REIT will host a conference call… [Read More]
Harvest Realty Brings 550 Agents and $2.4 Billion in 2024 Home Sales to Real
Real begins the year with more than 24,000 agents throughout North America
TORONTO & NEW YORK–(BUSINESS WIRE)–$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
New Brunswick Non-Profit Brings New Opportunities to Miramichi
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
European Residential Real Estate Investment Trust Announces Results of Special Meeting
TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN) (“ERES” or the “REIT”) announced today that at its Special Meeting of holders of trust units and special voting units of the REIT (“Unitholders”) held today, the special resolution (“Special Resolution”) referred to in its management information circular dated November… [Read More]
Allied Announces Conference Call to Discuss Fourth-Quarter Financial Results
TORONTO, Jan. 07, 2025 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) will hold a conference call and live audio webcast at 10:00 a.m. (ET) on Wednesday, February 5, 2025, to discuss financial results for the quarter ended December 31, 2024. The financial results will be released on Tuesday, February 4, 2025,… [Read More]
KOZEStays.com: Short-Term Rental Industry Titan Rising to Global Leadership, Setting Unprecedented Standards in 2025
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
StorageVault Announces Issuance of Options
TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has granted, subject to regulatory approval, a total of 1,600,000 options to purchase common shares of StorageVault to directors, officers, employees and consultants of StorageVault. The options were issued with an exercise price of $4.00 per common share and an expiry date of… [Read More]
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