Real Estate Technology, Mortgage and Lending

Accelerate and CBRE Investment Management Launch Partnership to Acquire Infrastructure Ground Leases

Businesswire | March 31, 2023 | Read time : 05:00 min

Accelerate and CBRE Investment Management Launch Partnership

Accelerate Investment Partners and CBRE Investment Management (CBRE IM) have launched Accelerate Infrastructure Opportunities, a new strategy to invest in digital and renewable real property interests across North America.

Accelerate’s infrastructure strategy acquires, owns and manages investments in ground leases and land under critical infrastructure assets that generate long-term, sustainable cash flow, such as cellular infrastructure, billboards and renewable assets, including wind, solar, storage and EV charging projects.

“We are excited to have a strong, supportive partner in CBRE IM to help fund our company’s growth,” said Brennan Potts, founder and CEO of Accelerate. “Our ability to invest through the development and operations of an infrastructure project, with committed and long-term capital from a partner who shares our values, places us in a leading position within the industry to better serve our customers.”

Accelerate focuses on developing mutually beneficial, long-term relationships with property owners, tenants, developers, operators and brokers. Accelerate believes its collaborative approach and creative capital solutions can provide value to its partners, while also delivering differentiated risk-adjusted returns for investors.

“Accelerate’s long-term partnership focus on acquiring real property interests under renewable and digital infrastructure projects provides an innovative way to deploy capital in the infrastructure 2.0 assets that we believe will thrive in the new digital, green economy,” said Robert Shaw, managing director, private infrastructure at CBRE IM. “Accelerate has a proven track record of helping property owners, developers and operators maximize the value of their properties or projects with agility, speed and certainty of closing, which makes them an excellent partner.”

In addition to Mr. Potts, Accelerate’s management team leading the strategy includes industry veterans Brandon O’Gara (managing partner and chief financial officer), Graeme Kavanagh (partner and chief revenue officer), Josh Castillo (partner and chief investment officer, infrastructure) and Brenda Hurst (partner and chief operating officer).

About Accelerate Investment Partners

Accelerate acquires, owns and manages real property investments under energy and infrastructure locations that provide long-term, sustainable cash flow. Founded in 2016 and headquartered in Plano, Texas, Accelerate manages more than 1,200 real property interests across the United States with $500 million in combined assets and capital commitments. The company’s mission is to deliver impactful value for investors, property owners and tenants through a values-based approach to investments that support a secure and sustainable future.

About CBRE Investment Management

CBRE Investment Management is a leading global real assets investment management firm with $149.3 billion in assets under management* as of December 31, 2022, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2022 revenue). CBRE has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

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Voxtur Announces Closing of Non-Brokered Private Placement of Units

Yahoo Finance | August 09, 2023

Voxtur Analytics Corp. ("Voxtur" or the "Company"), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce, further to the releases issued on June 26, 2023, and August 2, 2023, the closing of an additional $6,448,353 of gross proceeds from a non-brokered private placement of units (the “Offering”). With respect to recent prior private placements, the Company closed on $3,052,699 of Units on June 26, 2023, and another $942,000 of Units on August 2, 2023, for an aggregate amount of $10,443,052 of gross proceeds closed under the offerings. The Offering consists of a non-brokered private placement of units (each, a "Unit") at a price of $0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (each, a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.20 expiring on June 26, 2028. The Company has agreed that following the closing it will apply to the TSX Venture Exchange (“TSXV”) to list the Warrants, subject to meeting the applicable distribution and listing requirements of the TSXV. The Company may issue up to an additional $9.55 million of Units pursuant to the Offering, though there is no assurance that additional commitments will be received by the Company or that additional closings under the Offering will be completed. Any such closings that are completed are subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSXV. The proceeds from the Offering will be used for working capital and general corporate purposes. All securities issued in connection with the Offering are subject to a four month and a day hold period from the date of issue in accordance with applicable securities laws. Further, the listing of the Warrants is subject to the receipt of all necessary approvals, including the approval of the TSXV. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or the securities laws of any state and may not be offered or sold within the United States or to or for the benefit or account of U.S. persons, absent such registration or an applicable exemption from such registration requirements. About Voxtur Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify tax solutions, property valuation and settlement services throughout the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur's proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, securitize portfolios and evaluate tax assessments. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada.

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Peachtree Group Announces New Brand Positioning and Logo

Peachtree Group | September 21, 2023

Peachtree Group, an investment firm with a diverse portfolio of commercial real estate assets, announced a refreshed corporate brand position to showcase better the company's fully integrated investment and service platforms. Accompanying the new brand position is a powerful new tagline, ‘Guided by Intuition, Grounded by Expertise.’ This succinct expression captures the essence of Peachtree Group's approach to investment strategies. The firm combines its intuitive understanding of commercial real estate with the wisdom of years of experience to make informed decisions that drive growth and deliver exceptional results. "Our dedication to branding has empowered us to maintain a competitive advantage in attracting top-tier talent, ensuring we consistently have the finest minds and skills to navigate a rapidly evolving business landscape," said Greg Friedman, Peachtree Group's CEO and managing principal. "Furthermore, our strategic branding approach, focused on unifying our extensive range of businesses, is positioned to unlock even more of the untapped potential within our investment platform. This platform, which has already demonstrated its value in the hospitality sector, has been instrumental in our successful expansion and diversification into other real estate sectors and ventures." The company has consolidated all affiliated brands under the Peachtree Group umbrella. This change unifies the Company's diverse portfolio of brands, including Stonehill and Peachtree Hospitality Management, into Peachtree Group Credit and Peachtree Group Hospitality Management, respectively. "By bringing the company's brands together, we aim to leverage our collective strengths, streamline our operations and provide an enhanced experience for our valued partners," Friedman said. Alongside the rebranding, Peachtree Group has unveiled a new logo that combines the simplified representation of a tree with the capital letter P letterform. It succinctly champions the company's roots and remarkable growth it achieved since its inception in 2007, driven by deep expertise and strategic foresight. "The introduction of our refreshed brand position and logo marks an exciting new chapter in Peachtree Group's journey," said Jatin Desai, Peachtree Group's CFO and managing principal. "The consolidation of our affiliated companies under one unified name reflects our commitment to delivering a seamless and cohesive experience to all our stakeholders. Our new tagline embodies the balance of our innovative vision and the profound expertise that underpins our success." About Peachtree Group Peachtree Group is an investment firm driving growth with a diverse portfolio of commercial real estate assets and other ventures. The company has executed hundreds of investments since its inception, focusing on real estate acquisition, development and lending valued at $9.0 billion in total market capitalization. Today, Peachtree manages over $2.5 billion in equity, augmented by services designed to protect, support and grow its investments.

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Zenerate, Innovative AI Startup, Partners with SoLa Impact to Automate Affordable/Modular Housing Developments

PRnewswire | August 16, 2023

Zenerate ,an innovative AI startup in the Proptech space, has entered into a strategic partnership with SoLa Impact ,the leading private real estate developer of affordable housing in California. Zenerate has developed a powerful platform that employs generative design, artificial intelligence and advanced data analytics to optimize the feasibility analysis process for real estate projects, reducing turnaround time and maximizing development returns. In a groundbreaking move to revolutionize the affordable housing sector, SoLa Impact has partnered with Zenerate, to streamline and automate the feasibility analysis process for their affordable and modular housing developments. The collaboration brings cutting-edge AI technology to the modular construction industry and dramatically accelerates the speed of planning, configuration, design, and the permit approval process for a wide range of SoLa's affording housing projects. SoLa Impact has been at the forefront of addressing the affordable housing crisis in Los Angeles over the last decade, consistently demonstrating its commitment to creating sustainable, community-focused housing solutions. SoLa currently has over 35 projects with almost 3,000 units at various stages of construction, the majority of which are dedicated to affordable housing. With the increasing demand in the affordable segment, the need for swift and accurate feasibility, configuration, and design analysis has become paramount in the real estate development landscape. Martin Muoto, the Founder and CEO of SoLa Impact, expressed enthusiasm for the partnership, stating, "We are thrilled to collaborate with Zenerate in our mission to dramatically scale the development and delivery of high-quality affordable housing in California. By leveraging Zenerate's cutting-edge technology combined with our proprietary standardization processes, we can bring significantly more units to market more cost-effectively and more quickly, with the vast majority of our projects to house people that are currently homeless and living in tents. Equally important, these are units that are an order-of-magnitude more energy efficient than the aging housing stock they are replacing. All units are fully electric, use water-efficient fixtures, and have ENERGY STAR-certified appliances, dramatically reducing GHG emissions while providing cost savings to California's low-income Black and brown communities." The integration of Zenerate's software into SoLa Impact's modular operations will facilitate data-driven decision-making, allowing for a more efficient and comprehensive evaluation of potential development sites, construction costs, and market demand. By automating the feasibility and design analysis, SoLa Impact's team will be able to evaluate more sites, repurpose vacant and sub-optimized locations, and build for maximum density and affordability. The Co-Founder and CEO of Zenerate, Benji Shin, echoed Muoto's sentiments, emphasizing Zenerate's commitment to providing housing more quickly and affordably by leveraging Artificial Intelligence, particularly expert systems for code compliance and machine learning for rapid massing, configuration, and design. "We are thrilled to partner with SoLa Impact, whose deep commitment to creating sustainable, scalable, and affordable housing aligns perfectly with our mission. By automating key parts of the feasibility, configuration, and eventually, the permitting process, we aim to enable developers to run thousands of financial and design scenarios instantly, ultimately contributing to the advancement of affordable housing initiatives." The innovative approach undertaken by SoLa Impact and Zenerate is expected to have a significant impact on the speed and scale of affordable housing development in California, starting in Los Angeles – the largest affordable housing market in the United States with the most acute homeless problem – and then expanding to other local municipalities, and eventually, other states. About SoLa Impact SoLa Impact is a family of real estate funds with a double bottom line strategy focused on preserving, rehabbing, and building high-quality affordable housing in low- and moderate-income communities. SoLa's proven track record leverages data-driven social impact strategies to deliver superior financial returns. SoLa Impact's fourth fund, the Black Impact Fund, has invested $1 billion in affordable housing in Southern California. SoLa Impact was ranked as the 7th fastest-growing minority-led private company by Inc. 500 and was awarded the Pension Real Estate Association (PREA) Emerging Manager ESG Award for SoLa's demonstrated ability to deliver on its commitment to positive changes in environmental, social, and governance (ESG) matters. AboutZenerate Zenerate, a member company of Born2Gl obal Centre, is a venture-backed innovative AI startup in the real estate development space, providing consulting services and web-based products for feasibility studies; Z-maps is a real estate development map that weekly updates all the latest projects in Southern California, and Zenerate App is a design automation tool that generates development scenarios with floor plans in real time for feasibility studies.

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