AGENT, REAL ESTATE INVESTMENT
PRnewswire | May 08, 2023
Parvis Invest Inc. (TSXV: PVIS) ("Parvis" or "the Company"), a technology-driven real estate company focused on broadening access to institutional quality real estate investment opportunities, today announced a co-agency agreement with Equiton, a leading Canadian private equity real estate investment firm, to distribute two Equiton products on the Parvis platform.
Through this co-agency agreement, investors registered on the Parvis platform will have turnkey access to a leading private real estate investment trust (REIT) opportunity with monthly distributions in addition to the varying, premium development projects listed on the platform. The two funds set to be listed include the Equiton Apartment Fund and Equiton Income and Development Fund, both designed to provide investors with access to a diversified portfolio of institutional quality real estate investments.
"We believe in Canadian real estate. Its strong fundamentals have helped many people build wealth for their families. That's why we're so excited about this partnership with Equiton, " said David Michaud, Chief Executive Officer of Parvis. "From the beginning, we've wanted to build a platform that helps more people build long-term value and wealth. But investors who want access to private real estate investment face barriers. Now, through our tech-enabled platform, we can provide access to both individual and pooled investment opportunities - allowing investors to find the right fit for them, no matter what their investment objectives might be, with little hassle. This is an important step forward for our business, and I couldn't be more excited about it."
As of May 2, 2023, the Equiton Apartment Fund comprises 32 properties across 17 communities in Ontario and Alberta, with a total of 2,548 residential units with a targeted annual net return of 8-12% per year.
The Equiton Income and Development Fund provides access to a diversified portfolio of institutional grade real estate assets including income producing (commercial/industrial/lending) as well as development projects. The Fund targets an average annual net return of 12% to 16% over a 10 year period.
Both Funds specialize in acquiring multi-residential properties in Canada and increasing their value through active management and monthly distributions to investors from rental income and capital appreciation.
The listing of these funds follows Parvis' signing of an agreement to provide Exempt Market Dealer (EMD) services to Harvestd and Parametric, which opened up an exciting vertical for the company.
Parvis is a technology-driven real estate investing platform. Focused on broadening access to institutional quality real estate investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by blockchain technology, Parvis makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering. Parvis, headquartered in Vancouver, employs experts in Toronto, Vancouver, and Montreal.
Founded in 2015, Equiton is a recognized leader in private equity investments. We partner with advisors to offer easy access to all types of investment grade real estate through our proven, high-performing investment solutions that provide a variety of benefits including cash flow and capital appreciation. Our real estate expertise and dedication to investors led to tripling of our AUM from 2020 to 2022 during a global pandemic. Our exponential growth is a direct outcome of our leadership team understanding how the industry works and how to create long-term wealth through real estate investing.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Businesswire | May 30, 2023
Rubicon Technologies, Inc. (“Rubicon” or the “Company”) (NYSE: RBT), a leading digital marketplace for waste and recycling and provider of innovative software-based products for businesses and governments worldwide, today announced that it has entered into an agreement with GoldOller Real Estate Investments (“GoldOller”), a seasoned real estate investment and management firm, to provide scalable waste and recycling services.
GoldOller finds unique investment opportunities in markets and product classes often passed over by more traditional institutional investors. In this three-year agreement, Rubicon will provide waste and single-stream recycling services to GoldOller across 17 multifamily locations in the United States. With a growing portfolio of owned and managed multifamily assets totaling more than 40,000 units, GoldOller’s properties extend from New York to Florida, and all the way across to Texas. The three founding members of GoldOller have a combined 70 plus years of experience in real estate investment, management, and development.
Rubicon will bring its market-leading RUBICONConnect™ product, and the power and scope of its network of more than 8,000 hauler and vendor partners, to bear in providing scalable waste, recycling, and sustainability solutions to GoldOller in support of its environmental and business goals.
“Rubicon is proud to support GoldOller’s forward-thinking approach to real estate investment with our industry-leading waste, recycling, and sustainability solutions,” said Tom Owston, Chief Commercial Officer at Rubicon. “By providing scalable waste and recycling services through our digital platform, we’re supporting GoldOller in its efforts to reduce its environmental impact while delivering value to its stakeholders.”
“We are excited to partner with Rubicon to help us achieve our environmental and business goals while also improving the quality of life for our residents,” said Sarah Campion, VP of Asset Management at GoldOller. “We believe that the use of Rubicon’s technology will help us make a measurable difference in the communities where we operate.”
For more information on how Rubicon is deploying its market-leading technology products to equip businesses, local governments, and haulers with the tools and software they need to improve operations, meet sustainability goals, and (ultimately) end waste, visit the enterprises, governments, and haulers pages on Rubicon’s website.
Rubicon Technologies, Inc. (NYSE: RBT) is a digital marketplace for waste and recycling, and provider of innovative software-based products for businesses and governments worldwide. Striving to create a new industry standard by using technology to drive environmental innovation, the company helps turn businesses into more sustainable enterprises, and neighborhoods into greener and smarter places to live and work. Rubicon’s mission is to end waste. It helps its partners find economic value in their waste streams and confidently execute on their sustainability goals. To learn more, visit rubicon.com.
AboutGoldOller Real Estate Investments
With a growing portfolio of owned and managed multifamily assets totaling more than 40,000 units, GoldOller “Nation” now extends from New York to Florida and all the way across to Texas. Richard Oller and Jeffrey Goldstein joined forces in 2004 sharing the helm at Multifamily Management Services and affiliates (MMS) and together with founding member Jake Hollinger created GoldOller Real Estate Investments in 2009. With a combined 70-plus years of experience in real estate investment, management, and development – projects include market rate and affordable apartments, condominiums, office, hotel, retail, and single-family development. Led by Richard, Jeffrey, Jake, and the addition of VP of Operations Jill Hinton – GoldOller Real Estate Investments is an innovative owner/operator and an emerging leader in the multifamily real estate industry. And while our expertise is increasing value, our business is helping you achieve your investment objectives, reach your career potential or experience comfortable living.
REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
PRnewswire | May 26, 2023
MRI Software is reinforcing its commitment to Diversity, Equity, and Inclusion (DEI) with a new strategy that puts the company at the forefront of DEI action in the PropTech sector. This follows the company's Chief Executive Officer Patrick Ghilani committing to a broader CEO initiative aimed at championing such efforts in the workplace. In supporting CEO Action for Diversity & InclusionTM, Ghilani joined over 2,000 CEOs pledging to take action to cultivate a workplace where diverse perspectives and experiences are welcomed, respected and openly discussed.
"Our desire is that DEI isn't just something we do as part of our culture, but rather it is our culture," says Ghilani. "MRI will continue fostering a work environment where employees of every background can freely address challenges, present opportunities and share perspectives, as it strengthens our business and drives innovation."
To help MRI attract and retain team members who identify with a wide range of diverse, often underrepresented communities such as women, people of color, and LGBTQIA+, the company has announced a number of Employee Resource Groups (ERG). The first, the Women and Allies group, was formed last year, while an LGBTQIA+ group, PRISM (Pride, Respect, Inclusion, Support at MRI), is being launched this month – with two other groups representing unique communities within the company in the process of being formed.
Susan Avelluto, MRI's Chief People Officer, says: "Creating a true culture of inclusion and belonging and investing in people and communities that strengthen MRI as a workplace is critical to our ongoing success as a business. Our Employee Resource Groups, called Pride Resource Groups internally, support the company's broader DEI strategy, providing an avenue through which MRI can connect with audiences from each group's demographic – whether from a workplace standpoint or an external community and market-outreach perspective."
These groups help the company address four pillars at the heart of its DEI strategy: People, Culture, Community, and Marketplace:
People - underscores MRI's aim to attract, develop, engage, and retain a rich diversity within the members of its global team
Culture - speaks to the need to understand, connect with and create a sense of belonging with all groups of people
Community – promotes volunteerism and financial investment across a broad range of different external communities
Marketplace - enables MRI to build a more inclusive employment brand and solution offering
Carol Lewis, MRI's Vice President of DEI, says: "Making sure we're listening to the voices of every community and leveraging their insights to create a better working environment – as well as products and services that resonate across more audiences – is crucial to helping us sustain a diverse and inclusive business. We are dedicated to transforming lives. We're invested in DEI because this is what connects the world—where people live, work and play— in a more meaningful way."
MRI has also formed strategic corporate partnerships with groups that give marginalized or underserved communities opportunities they normally would not have. These include Coding Black Females (empowering and mentoring this community), AnitaB.org (supporting women and non-binary technologists), Women in Technology International (WITI), INROADS (serving unrepresented and underserved youth) and Steel City Codes (a high school student-led non-profit educating elementary and middle-school pupils on computer science).
Ghilani concludes: "Our initiatives over the last few years and our focus to further improve in this area are not just singular, programmatic actions. They're indicative of our unwavering commitment to cultivating a true sense of belonging."
About MRI Software
MRI Software is a leading provider of real estate software solutions that transform the way communities live, work and play. MRI's open and connected, AI-first platform empowers owners, operators and occupiers in commercial and residential property organizations to innovate in rapidly changing markets. MRI has been a trailblazer in the PropTech industry for over five decades, serving more than six million users worldwide. Through innovative solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to realize their vision of building thriving communities and stronger businesses. For more information, please visit mrisoftware.com.