Business Overview and Strategy - Urbanfund Corp. is a publicly traded company on the TSX Venture Exchange under the symbol UFC, focusing on investments in Canadian real estate, including both residential and commercial properties [2] - The company's assets are located in various cities including Toronto, Brampton, Belleville, Kitchener, London, Quebec City, Montreal, and Dartmouth [2] Operational Highlights - Urbanfund has established partnerships with experienced developers in both residential and commercial sectors, enhancing its operational strength [3] Results from Operations - For the year ended December 31, 2024, Urbanfund reported rental revenue of CAD 8,720,069, an increase from CAD 8,638,426 in 2023 [7] - The company achieved an income before taxes of CAD 12,436,601, up from CAD 7,963,575 in 2023 [7] - Net income and comprehensive income for 2024 was CAD 9,715,601, compared to CAD 6,789,930 in 2023 [7] - Basic income per share increased to CAD 0.180 from CAD 0.122 in 2023, while diluted income per share rose to CAD 0.158 from CAD 0.107 [7] Selected Annual Information - Total assets as of December 31, 2024, were CAD 155,604,351, slightly up from CAD 155,407,220 in 2023 [7] - Total investment properties increased to CAD 108,843,000 from CAD 107,252,000 in 2023 [7] - Total mortgages payable decreased to CAD 45,207,297 from CAD 55,000,099 in 2023 [7] Non-IFRS Measures - Funds from Operations (FFO) for the year ended December 31, 2024, was CAD 8,025,215, significantly higher than CAD 3,771,695 in 2023 [9] - Adjusted Cash Flows from Operations (ACFO) for 2024 was CAD 10,693,914, compared to CAD 217,983 in 2023 [10] Liquidity and Capital Resources - Urbanfund reported cash of CAD 12,279,522 as of December 31, 2024, compared to CAD 3,567,974 in 2023 [12] - Liquidity expressed as a percentage of debt improved to 22.8% from 13.6% in 2023 [14] Dividend Reinvestment Plan - Urbanfund has a Dividend Reinvestment Plan (DRIP) allowing shareholders to reinvest dividends into additional common shares at a discount [15] - The annual dividend rate was increased to CAD 0.05 per common share, reflecting a 67% increase from the previous year [16] Forward-Looking Information - The company anticipates meeting all obligations, including dividends, property maintenance, and capital expenditures, supported by cash flows from operating activities [11]

Core Viewpoint - Greystone Housing Impact Investors LP will host a conference call on May 7, 2025, to discuss its First Quarter 2025 results [1] Group 1: Conference Call Details - The conference call is scheduled for 4:30 p.m. Eastern Time on May 7, 2025 [1] - Participants can join the call toll-free at (877) 407-8813 or internationally at +1 (201) 689-8521, with no pin required [2] - A live webcast will be available on the Partnership's website, and it is recommended to join 15 minutes early [2] Group 2: Company Overview - Greystone Housing Impact Investors LP was established in 1998 to manage a portfolio of mortgage revenue bonds for affordable housing [4] - The Partnership aims to acquire additional mortgage revenue bonds and other investments on a leveraged basis, benefiting from favorable financing structures [4] - The interest earned on these mortgage revenue bonds is expected to be excludable from gross income for federal tax purposes [4]

Group 1: Fund Performance - The net asset value (NAV) per unit of the Baltic Horizon Fund decreased to EUR 0.6769 at the end of March 2025, down from EUR 0.6826 as of 28 February 2025 [1] - The total net asset value of the Fund at month-end was EUR 97.2 million, a decrease from EUR 98.0 million as of 28 February 2025 [1] - The EPRA NRV as of 31 March 2025 was EUR 0.7209 per unit [1] - The consolidated net rental income of the Fund remained stable at EUR 1.0 million for both March and February 2025 [1] Group 2: Financial Position - The Fund's consolidated cash and cash equivalents increased to EUR 12.8 million at the end of March 2025, up from EUR 8.3 million as of 28 February 2025 [2] - Total consolidated assets of the Fund were EUR 243.2 million as of 31 March 2025, down from EUR 255.0 million as of 28 February 2025 [2] Group 3: Asset Disposal - On 13 March 2025, the Fund sold the Meraki office building, with proceeds used to repay an outstanding loan of EUR 10.3 million and to repay EUR 3 million of bonds early [3] - The remaining proceeds from the sale will be allocated for investments into existing properties [3]

Core Insights - EfTEN Real Estate Fund AS reported a consolidated rental income of EUR 7.678 million in Q1, marking a 0.5% increase year-over-year [1] - The Fund's consolidated EBITDA for Q1 was EUR 6.181 million, reflecting a 4.3% decrease compared to the same period last year [1] - Adjusted cash flow for Q1 reached EUR 2.758 million, an increase of EUR 139 thousand from the previous year, primarily due to lower interest expenses [1] Financial Performance - The weighted average interest rate on loans decreased to 4.37% by the end of March, down by 0.527 percentage points from the end of the previous year [2] - Total interest expense for Q1 was EUR 1.675 million, which is EUR 486 thousand (22%) lower than the previous year [2] - In March, consolidated rental income was EUR 2,556 thousand, a decrease of EUR 10 thousand from February [3] Expense and Investment Overview - Rental income-related expenses in March increased by EUR 111 thousand, largely due to a one-off provision for receivables of EUR 89 thousand related to a bankrupt tenant [3] - The Fund's consolidated EBITDA for March was EUR 1,990 thousand, which is EUR 159 thousand less than in February [4] - The cash balance decreased by EUR 3,350 thousand in March, totaling EUR 19,038 thousand at month-end due to property investments [5] Property Investments - A new property investment was made with the acquisition of the Hiiu care home property in Tallinn for EUR 4,016 thousand [5] - Additional investments included EUR 619 thousand for the Paemurru logistics center development and EUR 118 thousand for construction at the Valkla elderly home [5] - The Paemurru logistics center is expected to start generating rental income from mid-April [5] Asset Valuation - As of March 31, 2025, the Fund's net asset value (NAV) per share was EUR 20.7371, with an EPRA NRV of EUR 21.5985, reflecting a 0.6% increase in NAV per share for March [6]

Core Insights - A joint venture between Starwood Capital Group and Land Strategies Management has acquired a portfolio of master-planned communities in Texas for approximately $800 million [1][2] Company Overview - Starwood Capital Group is a global private investment firm focused on real estate, with over $115 billion in assets under management and has raised over $80 billion since its inception in 1991 [4] - Hines is a leading global real estate investment manager, owning and operating $90.1 billion in assets across various property types [5][6] Acquisition Details - The acquisition includes 11 master-planned communities in advanced stages of development, featuring over 16,000 residential lots and over 600 acres of commercial land in Dallas, Houston, and Austin [2] - The communities are situated in high-growth submarkets with a strong track record of homebuilder activity, indicating a favorable investment environment [2][3] Strategic Intent - Starwood Capital aims to capitalize on long-term residential land fundamentals by acquiring well-located master-planned communities [3] - The investment is seen as a rare opportunity to acquire mature communities with substantial infrastructure completed and active lot sales to over 30 homebuilders [3] Market Context - The transaction highlights the strong investment appetite for master-planned communities that provide essential housing in high-growth markets [3] - The living sector, particularly single-family housing, is identified as a high-conviction investment theme for Hines globally [3]

Core Insights - Cloudastructure, Inc. has partnered with a leading real estate investment firm to enhance AI-driven security across multifamily communities, expanding their existing relationship and deploying advanced surveillance solutions [1][4] - The firm manages thousands of residential units and aims to improve asset protection and resident experience following security incidents, seeking a scalable solution that deters crime and enhances operational efficiency [2][3] - Cloudastructure's technology boasts a crime deterrence rate exceeding 97%, providing a cost-effective alternative to traditional security models while reducing liability risks [2][5] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform featuring AI/ML analytics and remote guarding solutions, enabling proactive security and significant cost savings [5] - The platform allows enterprise businesses to achieve real-time situational awareness and stop crime as it occurs, with a Total Cost of Ownership up to 75% lower than other systems [5] Market Impact - A survey by the National Apartment Association indicates that while only 13% of multifamily residents live in monitored communities, 70% believe these systems actively prevent crime, and they are 17% more likely to recommend such communities [3] - The partnership reflects a strategic investment in next-generation security solutions, transforming security from a cost center into a value driver for property owners and investors [3][4]

Core Viewpoint - The InterGroup Corporation has successfully refinanced its subsidiary's flagship asset, the Hilton San Francisco Financial District Hotel, enhancing financial flexibility and stability for its hospitality assets [1][4]. Group 1: Refinancing Details - Justice Operating Company, a wholly owned subsidiary of Portsmouth Square, secured a $67 million mortgage loan with an interest rate of SOFR plus 4.80%, with an interest rate cap limiting SOFR exposure to 4.50% [2]. - Justice Mezzanine Company modified its existing mezzanine loan, obtaining $36.3 million at a fixed interest rate of 7.25% per annum, with both loans maturing in two years and options to extend for three additional one-year periods [3]. Group 2: Strategic Implications - The refinancing reflects InterGroup's commitment to strategic financial management, enhancing operational flexibility and financial stability across its companies, positioning them for growth and long-term value creation [4].

MIAMI, April 1, 2025 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a global private investment firm with a primary focus on real estate, today announced that Jonathan Pollack officially joined the firm as its President effective today, April 1st. Mr. Pollack brings more than 26 years' experience in real estate investing to his new role and will work with Chairman and CEO Barry Sternlicht and the rest of Starwood Capital's senior leadership team to guide the firm into the next stage of its gro ...

Covina, CA, March 24, 2025 (GLOBE NEWSWIRE) -- Blue Wave Investments, a leading cash home buyer company specializing in helping homeowners across the state sell their houses fast, hassle-free, and for a fair cash price, is thrilled to announce the celebration of achieving consistent 5-star reviews on Google for its hassle-free ‘Sell Your House Fast Southern California’ service. This widely praised service assists homeowners in unique or difficult property situations to access solutions tailored to their nee ...

Portfolio Highlights - The company's real estate investments, at cost, totaled $470.8 million[8] - The portfolio consists of 6 properties with a total square footage of 1 million[8] - The portfolio's occupancy rate is 80.8%[4, 8] with a weighted-average remaining lease term of 6.3 years[4, 8] - Annualized Straight-Line Rent (SLR) for the portfolio is $45.4 million[8] - 77% of the top 10 tenants are Investment Grade rated[3, 4, 9] Strategic Dispositions and Leasing - The company completed the sale of 9 Times Square for $63.5 million during Q4'24[4, 7, 24] and generated net proceeds of approximately $13.5 million[7, 24] - The company completed five new leases in 2024 totaling 37,407 SF and $2.0 million of SLR[4, 23, 24] Capital Structure - The company has a 100% fixed-debt capital structure with a weighted-average debt maturity of 3.6 years at a 4.4% weighted-average interest rate[4, 27, 31, 33] - Total debt is $350 million[27, 34] and Net Leverage is 56.9%[27, 31, 32, 33] - There are no debt maturities in 2025[4, 28, 31, 33] Financial Results - Revenue from tenants was $14.9 million in Q4'24[27] - Cash NOI was $6.4 million in Q4'24, up approximately 2% year-over-year from $6.3 million in Q4'23[27, 31]