TORONTO, Aug. 24, 2023 (GLOBE NEWSWIRE) — FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FirstService of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding common shares. The notice provides that FirstService may,… [Read More]
Fast Company Recognizes The Real Brokerage’s Proprietary Transaction Management Platform as a 2023 Innovation by Design Awards Honoree
reZEN among the nearly 500 innovative projects, products and services recognized
TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (NASDAQ:REAX), announced today that reZEN, the company’s proprietary transaction management platform that allows the company and its 11,000+ agents to manage commissions, documents, payments and communications on a single, mobile-first cloud platform, was recognized as an honorable mention in Fast Company’s Innovation by Design Awards for 2023.
One of the most sought-after design awards in the industry, the Innovation by Design Awards recognize the designers and businesses solving the most crucial problems of today and anticipating the pressing issues of tomorrow. Real is among a range of blue-chip companies and emerging startups, including Adobe, PepsiCo, Canva and others, recognized for its work this year. reZEN was honored in the Midsize Business category.
“We are very honored to receive this award from Fast Company,” said Real Chief Technology Officer Pritesh Damani. “Historically, real estate brokerage firms have struggled to manage the complex document flows between the multiple participants involved in a real estate transaction. reZEN removes the need to juggle between multiple systems, maximizing agent productivity. It also allows us to continually leverage cutting-edge technology to enable our agents to work more efficiently and effectively.”
With reZEN, an enterprise solution that was built from the ground up, Real agents can use their phones to approve commission documents, scan and upload deposit and commission checks for automatic processing as well as talk with their brokers using a built-in transaction-centric communication system. They also can receive notifications about pending payments, upcoming industry events and use sophisticated reporting without leaving their phone.
reZEN serves as the foundation for Leo, Real’s ground-breaking 24/7 concierge powered by Generative Pre-trained Transformer (GPT) technology and machine learning. Launched earlier this month company-wide, Leo provides personalized responses in real time that cater to each agent’s unique workstyle. Leo significantly increases agent productivity as these same queries previously would have required a response from the customer support team during business hours.
“So much innovation news these days is focused on AI,” said Brendan Vaughan, Editor-In-Chief of Fast Company. “This year’s Innovation by Design honorees are a reminder that it’s human ingenuity that drives invention.”
The judges include renowned designers from a variety of disciplines, business leaders from some of the most innovative companies in the world, and Fast Company’s own writers and editors. Entries are judged on the key ingredients of innovation: functionality, originality, beauty, sustainability, user insight, cultural impact and business impact. To see the complete list of 2023 Innovation by Design Award winners, go to https://www.fastcompany.com/innovation-by-design/list.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.
About Real
The Real Brokerage Inc. (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 47 states, D.C., and four Canadian provinces with more than 11,000 agents. 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 of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s reZEN platform.
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, the success of Real’s current technologies and Real’s ability to successfully launch new technologies, 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
Investor inquiries:
Jason Lee
Vice President, Capital Markets & Investor Relations
investors@therealbrokerage.com
908.280.2515
For media inquiries:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Northview Residential REIT Announces August Distribution
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 23, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (the “REIT”) today announced its August 2023 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of… [Read More]
Timbercreek Financial Declares August 2023 Dividend
TORONTO, Aug. 23, 2023 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on September 15, 2023 to holders of Common Shares of record on August 31, 2023. The Company… [Read More]
The Real Brokerage to Present at the August 24th Virtual Investor Summit Conference
TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that Chairman and Chief Executive Officer Tamir Poleg will be presenting at the virtual August 24th Investor Summit on Thursday, August 24, 2023 at 9:00 a.m. ET.
Real’s remarks will be broadcast live and can be accessed by interested parties at the link below, and in the “Investors” section of www.onereal.com.
Date: Thursday, August 24, 2023
Time: 9:00 a.m. ET
Webcast link: https://us06web.zoom.us/webinar/register/WN_ZBCjTHw5Qhya7_VggDOyZA
About Real
The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 47 states, D.C., and four Canadian provinces with over 11,000 agents. Additional information can be found on its website at www.onereal.com.
Contacts
For additional information, please contact:
Jason Lee
Vice President, Capital Markets & Investor Relations
investors@therealbrokerage.com
908.280.2515
For media inquiries, please contact:
Elisabeth Warrick
Senior Director, Marketing, Communications & Brand
elisabeth@therealbrokerage.com
201.564.4221
Dream Office REIT Announces August 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its August 2023 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The August distribution will be payable on September 15, 2023 to unitholders of record as at August 31, 2023.
Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with over 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.
Contacts
For further information, please contact:
Michael J. Cooper
Chairman and Chief Executive Officer
(416) 365-5145
mcooper@dream.ca
Jay Jiang
Chief Financial Officer
(416) 365-6638
jjiang@dream.ca
Halmont Properties Corporation First Six Months Results
TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) (“Halmont” or the “Company”) announced today that the diluted net income attributable to shareholders for the six months ended June 30, 2023, was $4.24 million as compared to $10.16 million for the six months ended June 30, 2022. (millions, except per share amount)… [Read More]
Northview Residential REIT Announces Closing of Previously Announced Recapitalization Transaction, Including the Acquisition of Three Portfolios for $742 Million
Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 21, 2023 (GLOBE NEWSWIRE) — Northview Residential REIT (“Northview” or the “REIT”) (TSX: NHF.UN) today announced that it had completed its unitholder approved recapitalization transaction, including the acquisition of three multi-family portfolios comprising 20 properties for an aggregate… [Read More]
Dream Industrial REIT Announces August 2023 Monthly Distribution
TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its August 2023 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The August distribution will be payable on September 15, 2023 to unitholders of record as at August 31, 2023.
Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at June 30, 2023, Dream Industrial REIT owns, manages and operates a portfolio of 321 assets totalling approximately 70.3 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s goal is to deliver strong total returns to its unitholders through secure cash flows underpinned by its high-quality portfolio and an investment grade balance sheet as well as driving growth in its net asset value and cash flow per unit. For more information, please visit our website at www.dreamindustrialreit.ca.
Contacts
DREAM INDUSTRIAL REIT
Brian Pauls
Chief Executive Officer
(416) 365-2365
bpauls@dream.ca
Lenis Quan
Chief Financial Officer
(416) 365-2353
lquan@dream.ca
Alexander Sannikov
President & Chief Operating Officer
(416) 365-4106
asannikov@dream.ca
SmartCentres Declares Distribution for August 2023
TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of August 2023 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on September 15, 2023 to unitholders… [Read More]
Cintas Canada Names Hard Bean Brunch Co. Winner of the 2023 Canada’s Best Restroom Contest
B.C. restaurant wins $2,500 in facility products and services from Cintas
MISSISSAUGA, Ont.–(BUSINESS WIRE)–Canada has a new favourite washroom. Cintas Canada, Ltd. is proud to announce that Hard Bean Brunch Co. in Port Moody, British Columbia is the winner of the 2023 Canada’s Best Restroom contest. Hard Bean Brunch Co. will receive $2,500 in Cintas products and services to help maintain their award-winning washrooms.
Now in its 14th year, Cintas’ nationwide contest highlights businesses that have invested in developing and maintaining exceptional washrooms that are accessible to the public.
“Winning the title of Canada’s Best Restroom is truly an honour,” said Heather Rhodes, CEO, Hard Bean Brunch Co. “We take pride in our washrooms and we’re glad to see the public does too. We’re grateful to Cintas, the Port Moody community and our customers for their overwhelming support.”
The washrooms at Hard Bean Brunch Co. feature fully enclosed stalls framed in bright yellow trim with matching signature yellow doors. The walls are painted navy blue with sleek, black or white tile sitting below fun palm leaf wallpaper. Each stall is equipped with a sink and LED backlit mirror.
“Thousands of votes for this year’s five finalists poured in from across the country, demonstrating people’s appreciation for clean and memorable washroom facilities,” said Candice Raynsford, Marketing Manager, Cintas Canada. “Thanks to the public’s support, we’re proud to award Hard Bean Brunch Co. with the title of Canada’s Best Restroom.”
Hard Bean Brunch Co. promoted the contest on their social media profiles. They also displayed mirror clings provided by Cintas which included a QR code for voting.
Nominees for this year’s contest were judged on five criteria: cleanliness, visual appeal, innovation, functionality and unique design elements. Online voting was open to the public June 5 through July 7. The other finalists (in alphabetical order) included:
- Forest Pavilion Washrooms (Winnipeg, Manitoba)
- The Big Apple (Colborne, Ontario)
- The Gathering Place Washrooms (Vancouver, British Columbia)
- Yesterday’s Auto Gallery (Edmonton, Alberta)
For contest updates, fun facts and washroom trivia, “Like” Canada’s Best Restroom on Facebook at Facebook.com/CanadasBestRestroom.
For more information about the Canada’s Best Restroom contest or to receive a copy of the contest rules, contact Christina Alvarez at calvarez@mulberrymc.com or 708-908-0898.
About Cintas Canada, Ltd.
Cintas Canada Ltd, with headquarters in Mississauga, Ontario is a subsidiary of Cintas Corporation. Cintas helps more than 55,000 Canadian 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, restroom supplies, first aid and safety products and training, Cintas helps customers get Ready for the Workday®. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor’s 500 Index.
Contacts
Christina Alvarez
Mulberry Marketing Communications
708-908-0898
calvarez@mulberrymc.com
Niagara Falls Announces New Program to Educate, Protect Residents from Service Line Repairs
NIAGARA FALLS, Ontario–(BUSINESS WIRE)–Homeowners in Niagara Falls now have access to optional service plans to assist with the cost and management of common plumbing repairs thanks to a new, voluntary program for residents, reviewed by local leaders. The service plans provide protection for the water and sewer service lines that connect a resident’s home to Niagara Falls’ system.
The 2022 “State of the Canadian Home” survey found that 40% of Canadian homeowners are unaware that they are financially responsible for needed repairs or replacement to the water and sewer lines on their property. These repairs are not covered under standard homeowner’s insurance or by the City of Niagara Falls.
“Learning that you’re responsible for the repair and replacement of your water service line after it’s already leaking or broken is stressful and can be a huge financial hit to our residents,” said Erik Nickel, General Manager of Municipal Works. “We want our residents to be aware of their responsibilities before an emergency happens and to prepare themselves. This optional program gives them the opportunity to do both.”
The no-deductible, low-cost service plans, available through Service Line Warranties of Canada (SLWC), ensure homeowners do not have to pay hundreds or even thousands out-of-pocket for a repair. This is especially important since the “State of the Canadian Home” survey found that nearly one in five (19%) Canadian homeowners have nothing set aside for an emergency. The plans give Niagara Falls homeowners reliable access to local, licensed and insured contractors who can quickly and professionally complete needed repairs on service lines.
Homeowners will soon receive information in the mail about the program and available service plans. There is no obligation to sign up for a plan – participation in the program is voluntary. The mailings are administered by SLWC but include Niagara Falls logo to indicate that the mailing is legitimate and that there is a partnership in place between the City of Niagara Falls and SLWC.
The program is provided at no cost to the City of Niagara Falls and no public funds are used to promote or administer it.
“A SLWC service plan is a smart way for homeowners to prepare for a home emergency. These plans take the worry, inconvenience, and financial burden out of the repair,” said Mike Van Horne, General Manager, Service Line Warranties of Canada. “Niagara Falls homeowners with a plan have easy access to a network of excellent, local contractors, and they get peace of mind that they won’t be financially responsible for a covered home repair emergency.”
Homeowners in 70 Ontario municipalities now have access to SLWC service repair plans. Since the SLWC program began in 2014, homeowners have saved more than $8 million in repair expenses. Niagara Falls homeowners with questions or who wish to receive more information about SLWC or the plans available to residents can call 1-844-616-8444 or visit www.slwofc.ca.
About Service Line Warranties of Canada
Service Line Warranties of Canada (SLWC) is part of HomeServe, a leading provider of home repair solutions serving nearly 5 million customers across North America since 2003.
Launched in 2014, SLWC is the trusted source of utility line protection programs in Ontario as recognized by the Local Authority Services, part of the Association of Municipalities Ontario (AMO). SLWC is also a corporate partner of the Federation of Canadian Municipalities.
Together with HomeServe, SLWC is dedicated to supplying best-in-class repair plans and delivering superior customer service to consumers through over 1,200 leading city, municipal and utility partners across North America.
Contacts
Mike Van Horne
General Manager, Service Line Warranties of Canada
Phone: 203-840-8110
Email: mike.vanhorne@homeserveusa.com
Kristin Elder
Hill+Knowlton Strategies for HomeServe
Phone: 703-835-6245
Email: Kristin.Elder@hkstrategies.com
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