Roc360 Launches First-of-Its-Kind Lead-Generation Platform Haus Lending

Business Wire | January 27, 2020

A financial services platform for residential real estate investors, announced the launch of Haus Lending, a machine learning-driven startup that leverages data science to source real estate investor leads, directly match those leads with private lenders and aid lenders with servicing these loans through to close and beyond. This new addition to Roc360’s suite of products will innovate, simplify and modernize the expensive and time-consuming process of prospecting for clients, enabling private lenders to invest more time on other essential areas of their businesses. Haus Lending is unique in the space as it is the only platform that directly matches lenders and real estate investors, functioning as a lead origination tool while enabling instant interaction between two interdependent groups of real estate professionals. The launch of Haus Lending is another step in closing the loop for real estate investors by efficiently matching them with capital, products and services using a data science driven approach. This optimization is essential in addressing the supply demand mismatch in housing that exists today, said Arvind Raghunathan, PhD, CEO and Co-Founder of Roc360.

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REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

Landmark Properties Expands Portfolio into Connecticut with Manulife Investment Management Partnership to Develop Residential Apartments

Landmark Properties and Manulife Investment Management | December 20, 2022

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has formed a new build-to-core joint venture with Manulife Investment Management. The partnership will focus on developing and operating residential properties in targeted markets throughout the United States and has pre-identified several potential development opportunities, with the first being The Standard at Four Corners, an 890-bed project at the University of Connecticut located in Storrs. "Landmark is excited to partner with Manulife Investment Management on the development of The Standard at Four Corners, This represents the first investment in our new build-to-core venture with Manulife Investment Management. Landmark continues to attract institutional capital to the student housing space due to our track record of success, vertical integration, and out-performance during challenging economic times." -Landmark President and CEO, Wes Rogers Located at 1717 Storrs Road, The Standard at Four Corners will be ready for occupancy in August 2025 and offers several distinct floorplans ranging from studios to three-bedroom. The design of these units, amenities featured, and the privacy the layouts offer are unique to Storrs and will attract attention from potential residents when weighing options among comparable properties. The property's pedestrian access will make way to both the campus core and downtown Storrs for residents. Manulife Investment Management is proud to partner with Landmark Properties, who we view to be best-in-class in the student housing sector, leveraging their experience across the United States to jointly develop a premier portfolio of assets, We believe the student housing sector represents a compelling investment opportunity underpinned by attractive supply/demand dynamics and strong historical performance,said Edward Dunn, managing director, Infrastructure Investments at Manulife Investment Management. Each apartment at The Standard at Four Corners provides a gourmet-style kitchen with ample cabinet space, quartz countertops and stainless-steel appliances. Every residence is fully furnished, offers hardwood-style flooring, and includes technology related amenities in the common area, high-speed internet and cable. Additionally, residents can access 24-hour study lounges, fitness center and computer lab. The resort-style amenity spaces add extra opportunities for recreation and socialization with a gaming lounge, heated pool, hot tub, and fire pits. For residents with vehicles, a deck offers parking for an additional fee. The development also features 14,500-square-feet of ground-floor retail space. Landmark Construction will serve as general contractor for the duration of the project. According to CollegeSimply, the University of Connecticut is ranked as the best public university in the New England region. With over $10 billion assets under management, Landmark's portfolio includes almost 100 residential communities across the country with approximately 60,000 beds. Landmark currently has 21 student, BTR, and multifamily projects under construction with an estimated value at $3.7 billion, and a significant and growing development pipeline. About Landmark Properties Headquartered in Athens, Ga., with an office in Atlanta, Landmark Properties is a fully integrated real estate firm, specializing in the acquisition, development, and management of high-quality residential communities. With more than $10 billion assets under management, Landmark's portfolio includes nearly 100 residential communities across the country with more than 60,000 beds under management. Additionally, Landmark benefits from an active development pipeline with 21 student and multifamily projects under construction with an estimated value at $3.7 billion. Landmark's mission is to be the leader in development, construction, operations, and investment management of high-quality residential communities, delivering unrivaled service and experience to our residents, partners, and employees. About Manulife Investment Management Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 19 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions.

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REAL ESTATE INVESTMENT,BUYING/SELLING

FCPT Announces Acquisition of a Bubba’s 33 Restaurant Property for $3.1 Million

FCPT | December 01, 2022

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Bubba’s 33 restaurant property for $3.1 million from the transaction previously announced in July 2022. The property is newly constructed and located in a highly trafficked corridor in Texas and is corporate-operated under a triple net lease with approximately 10 years of term remaining. The transaction was priced at a cap rate in range with previous FCPT transactions. This is the last property to be acquired from the 7-property, $17.1 million outparcel portfolio transaction first announced in July 2022. The six other properties closed in a transaction announced in August 2022. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

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REAL ESTATE INVESTMENT,REAL ESTATE ADVICE

The REMM Group Real Estate Management Company of Orange County is National Top 10 Best Places to Work Multifamily®

The REMM Group | December 21, 2022

For the third year in a row The REMM Group has won a top 10 nationwide ranking on the Best Places to Work Multifamily® list. The REMM Group was awarded the honor at the Multifamily Innovation® Summit Scottsdale, AZ. Winners are selected after rigorous research and interviews conducted by Multifamily Leadership. The multifamily industry contributes $3.4 trillion dollars to the economy annually, supporting more than 17.5 million jobs. Talent recruitment for those jobs is competitive. The Best Places to Work Multifamily ranking helps job seekers choose companies that prioritize employee satisfaction. The REMM Group is a 3rd party management company, providing full service multifamily and commercial management for real estate owners in Southern California. "We are honored that Multifamily Leadership ranked us in the top ten Best Places to Work Multifamily Nationally for the third year in a row. Great people make all the difference in property management. Building a team of engaged, caring and skilled employees takes more than just providing a good paycheck. The in-depth interviews and research done as part of this award process helps us evaluate our culture, innovations, and policies to make sure they are hitting the mark with our team members." -Sara D'Elia, CEO of The REMM Group The REMM Group's Vice President of Marketing and Technology, Windell Mollenido, added, The REMM Group is on The Best Places to Work Multifamily list year after year because we constantly look for ways to improve. The reports show us what support our team members find most relevant and where we might need to make changes. In our constantly evolving industry, we need to stay vigilant to what matters today for our employees, this data helps us do that. Our vibrant and supportive culture allows us to recruit the best talent, Those caring team members make sure the residents and owners of the communities we manage are happy and thriving. That simple formula is a key to our success,said D'Elia. The REMM Group has over 5,000 apartments under management. They are an IREM Accredited Real Estate Management Organization (AMO) providing lease-up and property management for multifamily, mixed-use, office, industrial, retail, and BTR properties in Southern California.

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REAL ESTATE INVESTMENT,REAL ESTATE ADVICE

Clarion Partners Real Estate Income Fund Inc. Celebrates Three Years of Strong Performance With Its Differentiated Approach

Clarion Partners | December 06, 2022

Leading real estate investment manager Clarion Partners is celebrating the three-year anniversary of the launch of the Clarion Partners Real Estate Income Fund Inc. (“the Fund”) an innovative fund designed to provide investors of all types and sizes with access to a portfolio of research-backed institutional quality real estate holdings managed by Clarion’s industry-leading team. Clarion Partners, an independent investment manager of Franklin Templeton, has been a leader in building and managing private real estate portfolios for some of the world’s largest institutional investors for more than 40 years. As of September 30, 2022, the firm has more than $83.5 billion in real estate assets under management. The firm’s overall philosophy, which centers around the vision, judgment and execution to generate value for its investors, is the same approach underpinning the Clarion Partners Real Estate Income Fund. “Our goal in launching the Clarion Partners Real Estate Income Fund was to provide financial advisors and individual investors with a meaningful new choice so they could better build out their core real estate holdings. For too long, the ‘democratized’ options meant exposure to sub-optimal properties, high fees, long lockups, and an overreliance on leverage. Our Fund continues to provide solutions for each of those issues, and we’re thrilled to be marking this milestone and continuing to educate the marketplace about the benefits of thoughtfully constructed direct real estate exposure,” - Richard Schaupp, Clarion Partners Managing Director and Portfolio Manager for the Fund Since its launch in September 2019, the Fund has delivered an annualized return of 14.2% net of fees, and as of October 2022, the Fund has delivered a distribution rate of 5.23%. (See full historical performance below.) Investors and advisors have been drawn to the Fund’s highly differentiated approach, offering investors ease of access as a 40 Act vehicle, downside risk management with an investment strategy utilizing conservative leverage, and strong relative performance with very competitive fees. While other approaches to providing direct real estate exposure have morphed to become more private equity-like than private real estate, with this Fund we have stayed true to what has made Clarion such a valued partner for so many institutional investors for the past 40 years, Our disciplined approach to direct real estate investment has anchored us through both smooth markets and periods of heightened volatility as we are in now and has been the main driver of our success,said Janet Souk, Senior Vice President and Portfolio Manager. The Fund’s portfolio is made up of holdings in those real estate sectors that form the core of Clarion’s experience and expertise, including industrial, multifamily, and life sciences. Clarion has been investing in each of those sectors for years, and regularly publishes research designed to educate investors and help them understand the most meaningful trends shaping the real estate space in both the short- and long-term. About Clarion Partners Real Estate Income Fund Inc. (CPREIF) CPREIF offers individual investors direct access to a portfolio of privately-held, income-producing commercial real estate properties through an innovative investment fund driven by Clarion's deep real estate expertise. CPREIF is a non-diversified, closed-end management investment company that continuously offers its common stock. The fund’s investment manager, Legg Mason Partners Fund Advisor, LLC is an indirect, wholly owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”) and the fund’s investment sub-adviser, Clarion Partners, is an indirect, majority-owned subsidiary of Franklin Resources. In addition, the fund’s securities sub-adviser, Western Asset Management, also is an indirect wholly owned subsidiary of Franklin Resources. Hard copies of the fund’s complete audited financial statements are available free of charge upon request. About Clarion Partners Clarion Partners, an SEC registered investment adviser with FCA-authorized and FINRA member affiliates, has been a leading U.S. real estate investment manager for 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With $83.5 billion in total assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 500 domestic and international institutional investors. About Franklin Templeton Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 155 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers boutique specialization on a global scale, bringing extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has 75 years of investment experience and approximately $1.3 trillion in assets under management as of October 31, 2022.

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