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Allied Announces April 2024 Distribution

April 15, 2024 By Globenewswire Tagged With: TSX:AP.UN

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of April 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on May 15, 2024, to unitholders of record as… [Read More]

CAPREIT Announces April 2024 Distribution

April 15, 2024 By Globenewswire Tagged With: TSX:CAR.UN

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its April 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The April 2024 distribution will be payable on May 15, 2024 to Unitholders of record at the close… [Read More]

ERES REIT Declares April 2024 Monthly Distribution

April 15, 2024 By Globenewswire Tagged With: TSX:ERE.UN

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “April Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]

Flagship Communities Real Estate Investment Trust Announces April 2024 Cash Distribution

April 15, 2024 By Globenewswire Tagged With: TSX:MHC-U.TO, TSX:MHC-UN.TO

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of April 2024, representing US$0.59 per REIT unit on an annual basis…. [Read More]

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

April 15, 2024 By Business Wire

FARMINGTON, Utah–(BUSINESS WIRE)–PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses. In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,214,284 shares of the Company’s common stock at the initial public offering price, less underwriting discounts and commissions. PACS will not receive any proceeds from any sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on April 11, 2024, under the ticker symbol “PACS.” The offering is expected to close on April 15, 2024, subject to customary closing conditions.


Citigroup, J.P. Morgan and Truist Securities are acting as lead book-running managers for the offering. RBC Capital Markets and Goldman Sachs & Co. LLC are acting as joint book-running managers. Stephens Inc., KeyBanc Capital Markets, Oppenheimer & Co. and Regions Securities LLC are acting as co-manager.

A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission. This offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: Citigroup Global Markets Inc. at 388 Greenwich Street, New York, New York 10013, Attention: General Counsel, facsimile number: +1 (646) 291-1469; J.P. Morgan Securities LLC at 383 Madison Avenue, New York, New York 10179, Attention: Equity Syndicate Desk, facsimile number: +1 (212) 622-8358; and Truist Securities, Inc. at 3333 Peachtree Road NE, 11th Floor, Atlanta, GA 30326, Attention: Equity Capital Markets, facsimile number: (404) 816-8535.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About PACS Group, Inc.

PACS is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS is one of the largest post-acute platforms in the United States. Its independent subsidiaries operate over 200 post-acute care facilities across nine states serving over 20,000 patients daily.

Contacts

Brooks Stevenson

VP Corporate Communications

(801) 597-9538

Brooks.Stevenson@pacs.com

Sintavia Announces $25M Expansion in Hollywood, Florida

April 12, 2024 By Business Wire

Investments in facilities and equipment will power company’s growth over the coming years

HOLLYWOOD, Fla.–(BUSINESS WIRE)–#3dprinting–Sintavia, LLC, the world’s first all-digital aerospace component manufacturer, today announced its single largest expansion in facilities and equipment since 2019. The $25 million investment includes additional advanced manufacturing space, large format printers, large format post-processing equipment, and component testing equipment. It is expected that with this investment, Sintavia will be able to meet the demand from the programs it supports across the U.S. Department of Defense for the balance of this decade.


“Looking into the next few years, it is clear to us that we need to make the investments today that will support the demand from our customers tomorrow,” said Brian Neff, Sintavia’s Founder and CEO. “As the world’s first truly all-digital aerospace component supplier, Sintavia is in a unique position to push the boundaries of what is possible in terms of designing and manufacturing next generation aerospace components along a single, fully digital thread. But to do that, you need first to have the right facilities, hardware, and software in place. That is what we are doing today in support of our customers and their critical programs.”

A major focus of the new expansion will be the continued design and development of high-performance thermodynamic components, in particular aerospace heat exchangers. Sintavia’s heat exchangers, which are enabled using additively designed triply periodic minimal surface structures, demonstrate improved heat rejection at comparative flow rates when evaluated against traditional versions. Additionally, the manufacturing sturdiness of a fully digital thread results in production yields close to 100%, multiples higher than manufacturing yields often experienced by traditional heat exchanger manufacturers.

As part of the expansion, Sintavia signed a long-term lease on an additional 25,000 ft2 of manufacturing space adjacent to its existing headquarters, which it will use for printing, post-processing, and materials testing. New equipment included in the expansion includes Sintavia’s second SLM NXG XII 600, a third AMCM M4K-4, a second CT Scanner (450 kV), a second large air furnace, cold flow test machine, a shock and vibration table, pressure cycle testing equipment, acoustic testing equipment, multiple additional 5-axis CNC machines, multiple additional fatigue rigs, and multiple additional polishing machines. As it announced last October, Sintavia is also the North American launch customer for the AMCM M8K-K, the world’s largest industrially viable laser powder bed fusion printer, with an impressive cubic displacement of 38 ft3.

The expansion is expected to be completed by the fourth quarter of 2024.

About Sintavia

Sintavia is the world’s first all-digital Aerospace & Defense component manufacturer. A founding member of the Additive Manufacturer Green Trade Association, Sintavia is committed to the highest quality standards in the industry and holds multiple Nadcap and other aerospace accreditations. For more information visit http://www.sintavia.com.

Contacts

Sintavia, LLC

Lindsay Lewis

+1 954.474.7800

The Real Brokerage to Host First Quarter 2024 Earnings Conference Call

April 11, 2024 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (NASDAQ: REAX), the fastest growing, publicly traded real estate brokerage, will release its financial results for the first quarter ended March 31, 2024, on Tuesday, May 7, 2024, before the market open.


The Company will hold a conference call to discuss operating and financial results for the quarter at 8:00 a.m. ET. Investors wishing to join the live call can use the dial-in details provided below. An audio-only webcast of the call will be available on the Investor Relations section of the Company’s website at https://investors.onereal.com/ and can also be accessed directly through the link provided below. A replay will be available for one year.

Conference Call Details:

Date:

Tuesday, May 7, 2024

Time:

8:00 a.m. ET

 

Dial-in Number:

North American Toll Free: 888-506-0062

International: 973-528-0011

Access Code:

123643

Webcast:

https://www.webcaster4.com/Webcast/Page/2699/50322

 

Replay Information:

 

Replay Number:

North American Toll Free: 877-481-4010

International: 919-882-2331

Access Code:

50322

Replay Link:

https://www.webcaster4.com/Webcast/Page/2699/50322

 

 

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 in all 50 states throughout the U.S. and Canada, Real supports more than 16,000 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.

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 at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s first quarter 2024 earnings call, the release of the financial results and the business and strategic plans of Real.

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 and Real’s ability to attract new agents and retain current agents. 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

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

First Onsite Restoration Enhances Geographic Footprint in Growing Southeast U.S. Region

April 10, 2024 By Globenewswire Tagged With: TSX:FSV

Acquires All Restoration Solutions TORONTO, April 10, 2024 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired All Restoration Solutions, LLC (“ARS” or the “Company”). The executive leaders of ARS will continue to hold a minority equity stake and oversee… [Read More]

Colliers adds market leader in Philadelphia

April 10, 2024 By Globenewswire Tagged With: TSX:CIGI

Acquisition strengthens Colliers’ key U.S. Northeast and Mid-Atlantic Regions TORONTO and PHILADELPHIA, April 10, 2024 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the acquisition of its affiliate, Colliers Philadelphia (“Colliers | Philadelphia”). Now as a company-owned operation, Colliers | Philadelphia will continue to build… [Read More]

Primaris REIT Announces Distribution for April 2024

April 10, 2024 By Business Wire

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or the “Trust”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07 per unit for the month of April 2024, representing $0.84 per unit on an annualized basis. The distribution will be payable on May 15, 2024 to unitholders of record on April 30, 2024 to unitholders of record on April 30, 2024.


About Primaris Real Estate Investment Trust

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The portfolio totals 39 properties, or 12.5 million square feet, valued at approximately $3.9 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

TSX: PMZ.UN www.primarisreit.com www.sedarplus.ca

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Claire Mahaney

VP, Investor Relations & ESG

647-949-3093

cmahaney@primarisreit.com

Timothy Pire

Chair of the Board

chair@primarisreit.com

Cintas Launches Search for 2024 America’s Best Restroom®

April 9, 2024 By Business Wire

The public can submit nominations for the nationwide contest now through June 14.

CINCINNATI–(BUSINESS WIRE)–Cintas Corporation (Nasdaq: CTAS) seeks the public’s help in identifying deserving candidates for the 2024 America’s Best Restroom® contest. The initiative celebrates businesses that develop and maintain outstanding restroom facilities. Anyone can submit a nomination now through June 14 at www.bestrestroom.com.




“We are looking for businesses that provide a memorable experience for their customers and guests by offering high-quality and innovative solutions in their restrooms,” said John Rudy, Senior Director of Marketing at Cintas. “This annual contest showcases businesses nationwide that prioritize aesthetically pleasing and hygienic restrooms to create a clean and welcoming environment.”

Nominees for the contest will be judged on five criteria: cleanliness, visual appeal, innovation, functionality and unique design elements. Cintas will select 10 finalists, and in July, the public can vote for the 2024 grand prize winner. The restroom that receives the most votes will win a Cintas UltraClean® restroom cleaning service and $2,500 in facility services or restroom cleaning from Cintas while also being recognized as a first-rate public restroom.

Baltimore/Washington International (BWI) Thurgood Marshall Airport, last year’s champion, earned the title of America’s Best Restroom. Its restrooms have bright, spacious, fully-enclosed stalls ensuring privacy, and a welcoming entrance area where travelers can await their companions. The restrooms also offer touchless fixtures, individual lactation and adult changing rooms and family assistance facilities. LED stall occupancy lights further enhance the experience, and the smart restroom technology enables real-time inventory tracking and usage counts, facilitating efficient custodial services.

“We were honored to be recognized as America’s Best Restroom because it demonstrates the value in offering enhanced facilities that provide a pleasant, roomy, and clean experience for our passengers and that are easy for our staff to maintain,” said Ricky Smith, Executive Director/CEO of BWI Thurgood Marshall Airport. “It’s truly rewarding to see our customers acknowledge our dedication to delivering a welcoming restroom experience during their travels.”

For contest updates, fun facts and restroom trivia, “follow” America’s Best Restroom on Facebook at facebook.com/bestrestroom. For more information about the contest, please contact Christina Alvarez at calvarez@mulberrymc.com or (708) 908-0898.

About Cintas Corporation:

Cintas Corporation helps more than one million businesses of all types and sizes get Ready™ to open their doors with confidence every day by providing products and services that help keep their customers’ facilities and employees clean, safe, and looking their best. With offerings including uniforms, mats, mops, towels, restroom supplies, workplace water services, first aid and safety products, eye-wash stations, safety training, fire extinguishers, sprinkler systems and alarm service, Cintas helps customers get Ready for the Workday®. Headquartered in Cincinnati, Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.

Contacts

Michelle Goret, Cintas Vice President of Corporate Affairs | goretm@cintas.com, 513-972-4155

Flagship Communities Real Estate Investment Trust to Host Conference Call for First Quarter 2024 Results

April 8, 2024 By Globenewswire Tagged With: TSX:MHC-U.TO, TSX:MHC-UN.TO

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 08, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX:MHC.UN) (“Flagship” or the “REIT”) today announced that senior management will host a conference call on Wednesday, May 8, 2024 at 8:30 a.m. ET to discuss the REIT’s… [Read More]

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