OSCRE International Announces it will provide the Real Estate Industry with Free and Open Access to the OSCRE Industry Data Model

OSCRE | August 17, 2020

OSCRE International Announces it will provide the Real Estate Industry with Free and Open Access to the OSCRE Industry Data Model
The current environment has confirmed the challenges many organizations face in gathering lease information for discussions with tenants around modifications to existing lease agreements. The IDM provides a framework for core real estate functions with more than 130 use-cases covering leasing, space management, facilities management work orders, investment management and more. It has been developed over nearly 20 years in collaboration with real estate owners, occupiers and investors, service providers, leading software companies and other real estate industry stakeholders.

Spotlight

What would you call someone who invests in an opportunity with a 90 percent chance of failing? Reckless? Crazy? Savior? It depends on your perspective, but to those receiving the funds, these investors are called “angels.” They earn this name because of their somewhat “miraculous” contributions or, stated in practical terms, they invest before the feasibility of the product or service has been fully established.

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QuadReal Property Group launches Green Bond Framework to finance sustainable investments

QuadReal Property Group | July 18, 2020

QuadReal Property Group ("QuadReal") is proud to announce today its Green Bond Framework to finance sustainable investments and projects through BCI QuadReal Realty ("BQR"). BQR is the primary issuing entity of unsecured notes for British Columbia Investment Management Corporation's ("BCI") real estate program. BCI is a Canadian leader in investment fund management that provides services to British Columbia's public sector. "When QuadReal was launched, we established the principles of responsible investing and management," said Dennis Lopez, QuadReal's Chief Executive Officer. "QuadReal's Green Bond Framework demonstrates our approach to how we select and execute our projects to achieve the goal of having a positive impact on the environment."

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REAL ESTATE INVESTMENT

Realty Income and VEREIT® Stockholders Approve Merger

Realty Income Corporation; VEREIT | August 16, 2021

Realty Income Corporation (NYSE: O) ("Realty Income"), The Monthly Dividend Company®, and VEREIT, Inc. (NYSE: VER) ("VEREIT") today announced that Realty Income stockholders and VEREIT stockholders approved all of the proposals necessary for the closing of the previously announced merger pursuant to which Realty Income will acquire VEREIT. At the special meeting of Realty Income stockholders held, approximately 98.9% of the votes cast were voted in favor of the issuance of new shares of Realty Income common stock to VEREIT stockholders as consideration in the merger, which votes represented approximately 66.0% of the outstanding shares of Realty Income common stock. At the special meeting of VEREIT stockholders held today, approximately 99.7% of the votes cast were voted in favor of the merger, which represented approximately 80.9% of the outstanding shares of VEREIT common stock. The final voting results on the proposals voted on at the special meetings will be set forth in each company's separate Form 8-Ks filed with the U.S. Securities and Exchange Commission after certification by its inspector of election. The merger is subject to customary closing conditions and is expected to close during the fourth quarter of 2021. Under the terms of the merger agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own immediately prior to the effective time of the merger. About Realty Income Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,700 real estate properties owned under long-term lease agreements with our commercial clients. To date, the company has declared 613 consecutive common stock monthly dividends throughout its 52-year operating history and increased the dividend 111 times since Realty Income's public listing in 1994 (NYSE: O). About VEREIT VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.5 billion including approximately 3,900 properties and 88.9 million square feet. VEREIT's business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange. VEREIT uses, and intends to continue to use, its Investor Relations website, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

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MARKET OUTLOOK

New Education Subscription Option for Residential Real Estate Agents The Residential Real Estate Council Launches

prnewswire | November 04, 2020

The Residential Real Estate Council reported the dispatch of another instruction membership program that permits more private realtors to profit by the Council's debut training. The COVID-19 pandemic is changing the manner in which the land business works. The program is a reaction to shifting necessities of specialists in getting schooling that is handily burned-through and promptly open, while not ailing in esteem. Training is the way to progress and the Council's point is to engage moral and proficient realtors at all stage so of their vocation. The schooling membership was planned with those specialists that are new to the business as a primary concern. The training membership is estimated at just $19.99/month. Every month private realtors will appreciate: A New Live Webinar on opportune subjects zeroed in on business development Boundless admittance to our honor winning magazine, The Residential Specialist Magazine, that centers around land patterns, best strategic policies, and bits of knowledge for what's to come Admittance to the Council's Marketing Toolkit with apparatuses and social resources for keep your customers and future clients educated and create mindfulness ABOUT RRC & CRS Designation The Residential Real Estate Council is the largest not-for-profit affiliate of the National Association of REALTORS® comprised of more than 28,000 members. The Council supports its members with advanced education, business and networking support. It also awards the CRS Designation to experienced agents who have completed advanced professional training and demonstrated outstanding professional achievement in residential real estate.

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Spotlight

What would you call someone who invests in an opportunity with a 90 percent chance of failing? Reckless? Crazy? Savior? It depends on your perspective, but to those receiving the funds, these investors are called “angels.” They earn this name because of their somewhat “miraculous” contributions or, stated in practical terms, they invest before the feasibility of the product or service has been fully established.