AerialSphere's XP360 Web Application and API Newest Immersive Mapping Technology

AerialSphere | August 13, 2020

AerialSphere, the industry leader in delivering immersive aerial experiences, today announced the launch of XP360 web application and API, which creates an online home search experience that is transforming the residential real estate market - enabling agents to better attract and engage clients with the latest in mapping technology. XP360 features a simple, user-friendly interface that empowers brokers and agents to add a new level of interactivity in home searches that goes way beyond traditional aerial views of homes. XP360 gives prospective home buyers the ability to see homes, neighborhoods, schools and other points of interest in a new and engaging way from perspectives never seen before.

Spotlight

From politician to family owned real estate business, this is Ryan Johnstone from Royal LePage NRC. Bill Schmidt from TCG sat down with Ryan Johnstone to discuss the current real estate market, the importance of communication and technology behind the success of real estate in a society that needs to adapt to a more mobile approach, and how Royal LePage NRC has grown into having currently about 380 realtors in the Niagara Region as well as about 80 more up north in the sister company.

Spotlight

From politician to family owned real estate business, this is Ryan Johnstone from Royal LePage NRC. Bill Schmidt from TCG sat down with Ryan Johnstone to discuss the current real estate market, the importance of communication and technology behind the success of real estate in a society that needs to adapt to a more mobile approach, and how Royal LePage NRC has grown into having currently about 380 realtors in the Niagara Region as well as about 80 more up north in the sister company.

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REAL ESTATE INVESTMENT

Invesco Real Estate Income Trust Inc. Acquires Industrial and Grocery-Anchored Retail Properties

Invesco | February 21, 2022

Invesco Real Estate Income Trust Inc. ("INREIT"), an institutionally managed public non-listed REIT, announced today the acquisition of an industrial property and a grocery-anchored retail property. The combined purchase price was $94 million, bringing the gross assets of the INREIT portfolio to more than $850 million. There continues to be strong demand for the industrial sector, which is benefiting from both secular and cyclical tailwinds. Investing in industrial properties is a strategic objective for INREIT and we are committed to finding the best ideas within the sector, We continue to have strong convictions that physical retail, such as grocery-anchored properties, have a role to play in portfolios and our approach remains selective when evaluating opportunities." R. Scott Dennis, President and Chief Executive Officer for INREIT. INREIT acquired a 95% interest in an industrial warehouse facility in the Columbus metropolitan area, where the market vacancy rate is currently below 2% for bulk distribution space. Built in 2000, the 378,283 square foot distribution facility is 100% leased. The property benefits from proximity to the international airport and rail, allowing for same-day and next-day deliveries throughout much of the country since Columbus is a one-day drive from 60% of the U.S. population. 2919-2999 Lewis Centre Way represents INREIT's fourth industrial investment, deepening its activity in the sector. This industrial asset brings INREIT's industrial portfolio to over $85 million, providing a durable income stream with long-term leases. This acquisition is part of a joint venture with Trident Capital Group. INREIT acquired a 100% interest in Cortlandt Crossing, a newly constructed, high-quality grocery-anchored shopping center located in Westchester, New York. Built in 2019, the 122,225 square foot grocery center is 95% leased with strong, name brand anchors, including ShopRite and HomeSense, an affiliate of the TJX Companies. INREIT's approach to the retail sector remains highly selective, with a focus on healthy demographics, high-quality trade areas and defensive grocery-anchored assets. About INREIT Invesco Real Estate Income Trust Inc. ("INREIT") is an institutionally managed public non-listed NAV REIT investing in a diversified portfolio of high-quality, income-producing properties located throughout the United States. Its thematic approach to investing focuses on where people consume, live, innovate and connect. INREIT seeks to invest in properties with resilient income and appreciation potential. INREIT expects to diversify its portfolio over time, including on a global basis. INREIT is managed by Invesco Advisers, Inc., a subsidiary of Invesco Ltd. and the registered investment adviser for Invesco Real Estate, the real estate investment center of Invesco Ltd.

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INVESTMENTS

Embrey Management Services (EMS) Selected To Manage Lenox Crown in Garland, Texas

Embrey | January 19, 2022

The award-winning and nationally recognized Embrey Management Services (EMS) has been selected to provide multifamily residential services for Lenox Crown in Garland, Texas, a premier suburban market of Dallas. The 435-unit community, just outside the I-635 loop, northeast of Dallas, is within close proximity to recreational activities on Lake Ray Hubbard, a wide range of shopping and entertainment, including The Firewheel Town Center, and the high-performing Garland Independent School District. Embrey Management Services has a reputation for delivering exceptional living experiences for residents." Josh Kogel, Vice President for The Praedium Group. Designed to support the active lifestyle and high expectation of its residents, the one-, two-, and three-bedroom apartments feature wood-style flooring and blinds, inviting kitchens with quartz countertops and stainless steel appliances, walk-in closets, deep- soaking bathtubs and walk-in showers. Community amenities include a resort-style pool with sundeck, poolside cabanas, an outdoor kitchen and fire pits, a state-of-the-art fitness center with yoga room, a business center and conference room, carports, garages and electric car charging stations, and a pet park and spa. Embrey Management Services is pleased to partner with The Praedium Group and continue to grow our partnership in showcasing their premier communities, Embrey is known for attention to detail and we look forward to creating the experience of home for residents of Lenox Crown." Allyson McKay, Managing Director and Executive Vice President of Embrey Management Services. About Embrey   San Antonio-based Embrey Partners LLC is a diversified real estate investment company that owns, develops, builds, acquires, and manages multifamily residential communities and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed nearly 43,000 apartments and more than 6 million square feet of commercial property. Embrey is a leading developer in the multifamily sector with more than 4,000 units under construction.

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INVESTMENTS

Arch Street Capital and Orion Announce Single Tenant Office Partnership

Arch Street Capital | February 03, 2022

Arch Street Capital Advisors ("Arch") and Orion Office REIT Inc. ("Orion") (NYSE: ONL) are pleased to announce the formation and continuation of a programmatic venture focused on the acquisition of long-term leased, single-tenant office assets (the "Partnership"). Orion's interest in the Partnership was assumed from VEREIT, Inc. as part of Orion's spin-off transaction following the Realty Income Corporation and VEREIT merger. To date, the Partnership has acquired six assets for approximately $227 million. The Partnership is actively seeking new single-tenant office investment opportunities in the range of $10 million to $60 million. The Partnership recently acquired 700 Market Street (the "Property"), a 127,468 square foot, state-of-the art office property located in the central business district of St. Louis, MO. The long-term leased, mission critical office Property serves as the corporate headquarters for an investment grade-credit tenant. The Property is strategically located adjacent to the new $360 million Ballpark Village, one block from Busch Stadium, and 4 blocks from the landmark Gateway Arch, providing a live-work-play atmosphere for the tenant to enjoy. We look forward to continuing our strategic partnership with Orion and enhancing the portfolio through future acquisitions of high-quality single-tenant office properties." Hemal Patel, Vice President at Arch. We are pleased to join Arch in the Partnership and 700 Market Street enhances the strength and quality of our portfolio, The previous owners of the Property made substantial investment in 700 Market to transform what was a striking building into a fully functional and modern corporate headquarters that remains on the National Register of Historic Places and that our tenant will occupy for many years. The Property benefits from an active urban environment with a unique and tremendous complement of nearby amenities. The combination of the real estate and the long lease with a credit tenant makes this an attractive asset for the Partnership." Gary Landriau, Chief Investment Officer and Executive Vice President at Orion. About Arch: Arch Street Capital Advisors is a full-service real estate investment advisory firm. Arch specializes in assisting institutional investors with their real estate investment strategies including acquisition and joint venture advisory, financing advisory, and asset management and disposition services. Since 2003, Arch has advised its capital partners on more than $9.4 billion of acquisitions, dispositions and financings. Arch manages a diverse portfolio of investments across multiple sectors, including industrial, office, multi-family, single-family, hospitality, retail, health care, student housing and land. About Orion Office REIT Inc. Orion Office REIT Inc. is an internally managed real estate investment trust engaged in the ownership, acquisition and management of a diversified portfolio of mission-critical and headquarters office buildings located in high-quality core and suburban markets across the U.S. and leased primarily on a single-tenant net lease basis to creditworthy tenants. The company was founded on July 1, 2021, spun-off from Realty Income Corporation (NYSE: O) on November 12, 2021, following Realty Income's acquisition of VEREIT, Inc., and began trading on the New York Stock Exchange on November 15, 2021. The company is headquartered in Phoenix, Arizona and has an office in New York, New York.

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