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REEP Equity to Host Webinar About Multifamily Trends & Strategies for 2024

REEP Equity

Real Estate Equity Partners ( REEP Equity ) announced “ Unraveling the Multifamily Market: Trends & Strategies for 2024,” a live webinar that will take place on February 29, 2024. Anyone curious about investing in multifamily real estate in Texas is invited to register for the free event and tune in at 7:00 p.m. CST to learn from REEP Equity founders Jacob and Arleen Garza, as well as special guest Mark Brandenburg, Senior Managing Director at JLL Capital Markets. Those with questions about the multifamily market, seeking emerging investment opportunities in Texas, or those hoping to better understand fluctuating interest and cap rates are invited to attend. Webinar attendees can expect to learn the following: The benefits of multifamily investing with a trusted operator The economic forces that drive the Texas multifamily market and how Texas differs from the national market Owner strategies for buying and financing deals in the current market Market dynamics and how the ever-shifting trends can inform and help your investment strategies “There is so much noise in the media about multifamily. Many are unsure what to believe or who to trust. We’re excited to pull back the curtain for curious investors and share our thoughts and insights to help provide clarity,” said Jacob Garza, Founder of REEP Equity. “We often get asked, ‘Is multifamily in Texas a good investment? What great opportunities are you seeing?’ and ‘What strategies do you recommend for the best returns?’ We’ll answer these questions and more on February 29,” said Arleen Garza, Founder of REEP Equity. REEP Equity was founded in 2012 by Jacob and Arleen Garza, who are experts in acquiring multifamily properties in Texas that are underperforming but nevertheless generate income. Since its founding, REEP Equity has bought, sold, and managed $720M worth of multifamily assets across San Antonio, Houston, and Austin. The company has taken nine properties full cycle, with an average historical investor return of 2.17 x equity multiple, an average of 24% IRR, and 34% AAR. Its current portfolio includes 23 properties with a total of 4,171 units. Mark Brandenburg is a Senior Managing Director in the Dallas office of JLL Capital Markets, Americas. He has been involved in commercial real estate since 2000, with his primary area of responsibility being the capitalization of commercial real estate, including multi-housing, office, retail, industrial, mixed-use, hotels, seniors housing, and self-storage. Mark has facilitated structured finance solutions in conventional permanent financings, joint ventures, mezzanine debt, bridge loans, and construction financing. Over his time with JLL, Mark’s direct transactional experience exceeds $3.5 billion. The webinar is free to attend. Learn more and save your spot here. To learn more about REEP Equity, visit Reepequity.com. To learn more about JLL Capital Markets, visit us.jll.com. About Real Estate Equity Partners Real Estate Equity Partners (REEP Equity) is focused on acquiring underperforming, income-producing, multifamily investment opportunities in Texas. Headquartered in San Antonio, REEP Equity is vertically integrated with its in-house management company, REEP Residential, and this unique setup allows the two enterprises to work together, ensuring that the entire acquisition process is effectively managed, thereby creating value for investors while improving tenants' lives. Since its establishment, REEP Equity has bought, sold, and managed 5,500+ units, taking nine properties full cycle. About JLL Capital Markets For over 200 years, JLL Capital Markets (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage, and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $20.9 billion and operations in over 80 countries around the world, its more than 103,000 employees bring the power of a global platform combined with local expertise. Driven by the company’s purpose to shape the future of real estate for a better world, they help their clients, people, and communities SEE A BRIGHTER WAY SM. Contact Details Ilissa Goldenberg +1 973-769-6108 ilissa@rprfirm.com Company Website https://reepequity.com/

February 20, 2024 10:50 AM Eastern Standard Time

Price Rally for Cardano (ADA) and Uniswap (UNI) Signals the Start of Alt Season, Everlodge (ELDG) Prepares for Tier-1 Listing

Everlodge

Several tokens in the crypto market are experiencing bullish sentiments, which experts believe could be the start of the alt season. Some of these tokens on a rally include Cardano (ADA) and Uniswap (UNI). Meanwhile, following the end of the Everlodge (ELDG) presale, the token has been listed on Uniswap and looking forward to listing on other tier-1 exchanges. Its surging momentum has put it on the investor's list of top cryptos to invest in 2024. Everlodge (ELDG) Continues its High Sales Despite Conclusion of its Presale Phase Everlodge (ELDG) has continued to see a significant uptrend in the number of investors buying the token on Uniswap. As a result, the Everlodge project is looking to expand its reach by listing on other mainstream tier-1 exchanges in the coming months. Meanwhile, the increased buying by investors is tied to ELDG's massive potential for growth. Having already generated up to 190% ROI for early investors, ELDG is on course to oversee over 350% growth within the year. This makes ELDG one of the top cryptos to invest in 2024. For context, Everlodge is a platform that's looking to positively change the way individuals invest in real estate assets by making them affordable, secure, and profitable. To achieve this, Everlodge has created fractionalized NFTs, which are backed by multimillion-dollar real-world property assets from across the globe. As such, investors who buy these cheap fractionalized NFTs will co-own parts of luxury properties and benefit from the revenue that the properties will generate. With as little as $100, investors can purchase the NFTs that represent these properties. With this investment model, individuals will not need exponential capital before they can invest in real estate. As the value of these properties increases so will the NFT values increase. Meanwhile, the ELDG native token of the Everlodge ecosystem has been making waves in the market, having just concluded its presale phase. With its massive growth potential, investors are buying more ELDG to position for the potential price gains coming soon. At the price of only $0.022, ELDG represents one of the top cryptos to buy now for massive gains in 2024. Positive Price Trajectory for Cardano (ADA) Despite Dwindling Trading Volume Cardano (ADA) is on another round of bullish rallies, having witnessed a retracement in January. While the token has been on a rally in the past week, the Cardano trading volume has been on a negative growth in the same timeframe. For context, the price data from CoinMarketCap shows that Cardano has gained up to 10% within the last week. Meanwhile, the trading volume has been on a 30% decline on a day-to-day average since last week. While the declining market activity is a factor that might impede the growth of Cardano, experts believe the bullish momentum of the token will persist for the time being. As such, experts are predicting a 50% ROI from Cardano tokens before the end of Q2 of 2024. Will Uniswap's (UNI) Current Bullish Sentiment Propel it Above the Resistance Level? The price value of Uniswap (UNI) has been on a significant uptrend trajectory since the start of February. According to the market stats, Uniswap has gained over 16% in price value within the last week. This puts the token on the verge of matching its year-to-date price peak of $7.8, which it attained on December 29th, 2023. Meanwhile, the Uniswap trading volume has been on a decline in the past 7 days, thereby arousing fears of a potential bear trend for the token. Nonetheless, experts believe it is only a matter of time before the Uniswap token surpasses the $8 resistance level. For more information about Everlodge (ELDG) please visit their website. Everlodge provides you with a seamless approach to fractional investing in vacation rentals, eliminating the complexities associated with traditional real estate investment. Our innovative platform revolutionizes the way people invest in second homes. Disclaimer: Digital currencies may be unregulated in your jurisdiction. The value of digital currencies may go down as well as up. Profits may be subject to capital gains or other taxes applicable in your jurisdiction. Contact Details Brett admin@everlodge.io Company Website https://everlodge.io/

February 19, 2024 09:00 AM Central Standard Time

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REEP Equity Introduces Multifamily 101: A Comprehensive Guide on Everything You Need to Know to Get Started in Multifamily Investing

REEP

Are you ready to dive into the world of real estate investing? If so, you may have come across the term "multifamily investing." But what exactly is multifamily investing, and how can it be a lucrative venture? Investing in multifamily real estate offers numerous benefits, including consistent cash flow, tax advantages, and long-term wealth creation. However, navigating the multifamily investing landscape can be overwhelming without the right knowledge and guidance. REEP Equity has introduced “Multifamily 101: Everything You Need to Know to Get Started in Multifamily Investing," a comprehensive resource designed to equip aspiring investors with the necessary tools and insights to succeed in this exciting field. This complimentary guide provides an in-depth exploration of multifamily investing, from understanding the basics to uncovering its potential rewards. Key topics covered in this guide include: What is Multifamily Real Estate: Gain a solid understanding of what multifamily real estate entails, including the types of properties involved and the unique dynamics of this investment strategy. How Multifamily Differs from Traditional Investing: Discover how it differs from other forms of real estate investment, such as single-family homes or commercial properties, and why it's gaining popularity among savvy investors. Why Savvy Investors Choose to Invest in Multifamily Properties: Explore the compelling reasons behind the growing interest in multifamily properties, including their resilience in economic downturns and their potential for generating passive income. Top 10 Things to Look for in a Multifamily Investment Firm: Learn the key factors to consider when selecting a multifamily investment firm, ensuring that you partner with a reputable and experienced team that aligns with your investment goals. Benefits and Tax Saving Strategies: Uncover the various benefits of multifamily investing, including tax advantages, and learn effective strategies for maximizing your returns while minimizing your tax liability. Easy Ways to Get Started: Discover simple steps you can take to begin your multifamily investing journey, whether you're a seasoned investor looking to diversify your portfolio or a beginner taking their first steps in the real estate world. "Multifamily investing is not just about owning properties; it's about building a legacy,” said Jacob Garza, Founder of REEP Equity. “We believe in empowering investors with the knowledge and tools they need to create passive income. Whether you're a novice or an experienced investor, this resource will equip you with the insights and strategies to get started in the world of multifamily investing.” To access this resource and kickstart your multifamily investing journey, download " Multifamily 101: Everything You Need to Know to Get Started in Multifamily Investing " for free. REEP Equity was founded in 2012 by principals Jacob and Arleen Garza. The firm is focused on acquiring underperforming, income-producing, multifamily investment opportunities in Texas. Headquartered in San Antonio, REEP Equity is vertically integrated with its in-house management company, REEP Residential. Together, the companies focus on the multifamily sector and pledge incomparable commitment and service to both their residents and their investors. Since its founding, REEP Equity has bought, sold, and managed $720M worth of multifamily assets across San Antonio, Houston, and Austin. Contact Details R Public Relations Madison Baber +1 210-213-2426 madison@rprfirm.com Company Website https://reepequity.com/

January 31, 2024 11:27 AM Eastern Standard Time

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Protecting Older California Homes from Earthquake Damage – biggest program expansion ever

YourUpdateTV

According to the California Earthquake Authority (which supports and oversees CRMP with Cal OES), there are more than 1.2 million houses in California built before 1980 in high-hazard areas that are vulnerable to collapse or destruction by sliding off the foundation during a strong earthquake. Recently, Chief Mitigation Officer at the California Earthquake Authority, Janiele Maffei, conducted a satellite media tour to spread critical awareness about the importance of seismic retrofits and share resources to help California Homeowners protect their home from earthquake damage. A video accompanying this announcement is available at: https://youtu.be/bOtBz633hZk On January 10, the California Residential Mitigation Program (CRMP) kicked off the 2024 Earthquake Brace + Bolt (EBB) open registration, during which California homeowners can apply for up to $3,000 in grants to retrofit qualifying pre-1980 homes. Supporting this effort will be an education campaign focused on ZIP Code eligible areas, which aims to spread critical awareness about the grant period, earthquake safety, and residential mitigation including Eureka, San Francisco, Salinas/Monterey, Santa Barbara, Los Angeles, Palm Springs and San Diego. Registration for the 2024 EBB grant program continues through February 21st. Overall, EBB hopes to provide funding for approximately 6,000 seismic retrofits this year. EBB grants help offset the cost of seismic retrofits that brace the crawl space walls of older homes, when present, and bolt houses to their foundations, making them less vulnerable to earthquake damage. In the ten years since it began, the EBB program has assisted more than 23,000 homeowners in strengthening their homes against earthquake damage. The EBB grant program is administered by the California Residential Mitigation Program ( CRMP ) a Joint Powers Authority between the California Earthquake Authority ( CEA ) and the California Governor’s Office of Emergency Services ( Cal OES ). Homeowners in 815 high-risk ZIP Codes can apply for grants of up to $3,000 to offset the cost of a seismic retrofit that can help lessen the potential for damage during an earthquake. In addition, income-eligible homeowners can qualify for supplemental grants – amounts vary depending on the region and type of retrofit completed. These supplemental grants may cover up to 100 percent of the cost of a seismic retrofit. Seismic retrofits covered by the EBB program are completed by FEMA trained contractors and can help reduce damage to a house in the event of a destructive earthquake by bracing existing cripple walls in the crawl space with plywood and bolting the home to its foundation. Since 2014, more than 23,000 EBB retrofits have been completed. The new EBB registration period coincides with the 30th Anniversary of the Northridge Earthquake, a damaging 6.7 magnitude earthquake that struck early in the morning of January 17th, 1994. It caused an estimated $20 billion dollars in damages and 57 deaths and led to the State legislature creating the CEA in 1996. To learn more about the retrofit grant visit: EarthquakeBraceBolt.com About Janiele Maffei: Janiele Maffei was hired as CEA’s first Chief Mitigation Officer in May 2011 and became Director of Research in 2015. Currently her responsibilities include managing the California Residential Mitigation Program (CRMP) and that program’s first retrofit incentive program-- Earthquake Brace and Bolt (EBB); various research projects that will benefit the strategic insurance, mitigation, and education goals of CEA; and other mitigation efforts that will benefit both policyholders and California homeowners. Thanks to EBB, more than 22,000 California homeowners have completed a code-compliant seismic retrofit. Janiele and her team often hear the sentiment from homeowners that they can now sleep better at night. Janiele is proud to be part of the effort helping a growing number of California families live in more resilient housing. Janiele attended University of California Berkeley, earning an AB in Architecture and an MS in engineering. Following that, she obtained her civil and structural engineering licenses. In 2017, Janiele was inducted into the Distinguished Alumni Association of the Civil and Environmental Engineering Department at UC Berkeley. Prior to joining CEA, she served as the President of the Northern California Chapter of the Earthquake Engineering Research Institute (EERI). She then joined the National board of EERI as Secretary Treasurer for six years, ending in 2017. In 2018 she became Vice President of the Structural Engineers Association of Northern California and assumed the role of President in 2019. Additionally, Janiele regularly participates in the EERI Visiting Professionals Program, speaking at California colleges and universities, encouraging students to consider careers in earthquake engineering. Janiele enjoys theater, travel, family, and music. Her international travel has exposed her to the rich diversity of our planet, and she considers herself fortunate to have had the privilege of visiting over 45 countries. About Earthquake Brace + Bolt (EBB) Established by the California Residential Mitigation Program, EBB offers up to $3,000 to help California homeowners retrofit their house to reduce potential damage from earthquakes. A residential seismic retrofit makes a house more resistant to earthquake activity, such as ground shaking and soil failure, by bolting the house to its foundation and adding bracing around the perimeter of the crawl space. For more information, including an online media kit, please visit EarthquakeBraceBolt.com and EBBTools.com. About the California Residential Mitigation Program (CRMP) CRMP was established in 2011 to help Californians strengthen their homes against damage from earthquakes. CRMP is a joint powers authority created by the California Earthquake Authority and the California Governor’s Office of Emergency Services. For more information, please visit https://www.californiaresidentialmitigationprogram.com/About-CRMP. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

January 17, 2024 01:48 PM Eastern Standard Time

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The Reason Behind Optimism's Price Correction, Are Arbitrum and Everlodge Good Alternatives

Everlodge

In this article, we make sense of the fluctuating prices of Arbitrum, Optimism, and Everlodge, and explore their respective tokens ARB, OP and ELDG. Optimism’s token unlocks bring both good and bad The Optimism token (OP) has been defying the odds and pumping hard despite extreme inflationary pressure over the last year. OP is up 225% this past year and 86% last month, massively outperforming Ethereum. This epic rise has occurred despite OP's circulating supply quadrupling from 214 million tokens at the start of 2022 to over 911 million now. Typically such rapid token unlocking craters a cryptocurrency's value. And a few days after the token unlock we did indeed see a correction in the price, which is currently down 21% since its all-time high 10 days ago. But from a macro perspective, Optimism is still doing very well. Optimism's rise seems tied to scheduled upcoming retroactive airdrops and incentives for new stakeholders spanning governance, partners, and public goods funding. Rather than fearing this inflation, investors appear to be betting on it attracting even more interest and contributors to the ecosystem long-term. Similar network token rallies have already played out for the likes of Avalanche, Arbitrum, Ethereum, Near, and Solana. History shows that the biggest gains often happen among smaller cap coins building on these platforms, such as Everlodge which is building on Ethereum. Arbitrum and Optimism have a lot in common Like Optimism, Arbitrum is another Layer 2 blockchain that utilizes optimistic rollups to scale Ethereum. Both help tackle congestion, high fees, and latency by batching and validating transactions off-chain before settling on Ethereum. These technical similarities have attracted major DeFi apps like Uniswap to deploy across both Arbitrum and Optimism. Just as Optimism endured supply shocks from token unlocks, Arbitrum braces for impact from its own upcoming unlocks. In March 2024, Arbitrum will release over 1.1 billion ARB tokens worth nearly $1 billion - 87% of the circulating supply. This threatens short-term downward price action. Yet over the long term, Arbitrum’s incentives and distribution to key stakeholders echo Optimism’s goal of fortifying its ecosystem to drive adoption. Once selling pressure eases after the unlocks, the outlook remains strong for both Layer 2’s as infrastructure improves and fees remain low compared to Ethereum mainnet. Their ambitious token models weather near-term volatility by ensuring the shared community ownership required for sustainability. However, ARB, like OP has gone up a lot already and may now face volatility due to the continuing unlocks for the next few years. And this is why many investors are turning to smaller cap coins such as Everlodge, to get bigger gains. Everlodge - a bullish new idea without sell pressure As Layer 2s like Arbitrum and Optimism battle their token unlocks and corresponding volatility, Everlodge presents a fresh alternative devoid of such supply shocks. And those bullish on Ethereum can capitalize by buying this smaller cap token, which is still in presale. By minting luxury hotels and villas into property-backed NFTs, Everlodge's novel model allows owning a slice of a vacation property for as little as $100. As asset values appreciate, so too do the linked NFTs. A well-designed marketplace will enable seamless trading of these blockchain properties. Through fractional Real World Asset tokenization, Everlodge will make global real estate investment accessible to anyone. Everlodge overcomes illiquidity and the opacity hindering traditional vacation home investing. And perhaps most importantly, makes it accessible to ordinary investors who don’t have hundreds of thousands of dollars to sink into just one property or asset. Integral to Everlodge's ecosystem is its ELDG token, built on Ethereum. ELDG provides tangible utility which is important for price. Holders will enjoy discounts on property purchases, trading fees, and maintenance costs. Similar to timeshare benefits, ELDG holders even receive complimentary annual stays at Everlodge properties. These can be enjoyed personally or resold at a profit to others. Given that ELDG is on offer at $0.029 and will launch for $0.039, there’s a significant upside throughout the presale alone. When the token goes live on Ethereum and major CEXs and DEXs, the price may rise as much as 3,000%. Visit Everlodge Everlodge provides you with a seamless approach to fractional investing in vacation rentals, eliminating the complexities associated with traditional real estate investment. Our innovative platform revolutionizes the way people invest in second homes. Contact Details Brett admin@everlodge.io Company Website https://everlodge.io/

January 12, 2024 10:43 AM Eastern Standard Time

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Projecting Price Trends: The Outlook for Avalanche (AVAX), Everlodge (ELDG), and Ethereum (ETH)

Everlodge

In the dynamic landscape of cryptocurrencies, deciphering the future holds profound significance for investors. Taking a closer look, this article explores the expected price movements of Avalanche (AVAX), Everlodge (ELDG), and Ethereum (ETH). Notably, these cryptocurrencies have navigated the winds of change, and discerning the potential market movements has become paramount. Moreso, having this insight could come in handy when seeking the best crypto to buy. Avalanche (AVAX) Skyrockets: Surges by 120% in Just One Month In a spectacular turn of events, Avalanche (AVAX) experienced an astonishing surge of 120% within just one month. In Particular, AVAX's price reached a new high of $41 on December 12th, to the surprise of investors given the crypto’s woeful performance in the past months. While this quick rise is related to the cryptocurrency market regaining bullish momentum, particularly in 2024, AVAX's impressive performance has now positioned it among investors’ favourites. The surge in AVAX price can also be attributed to other factors including the recent staking activities that have temporarily removed a significant number of tokens from circulation, creating a favorable scarcity that often triggers increased demand. Additionally, major banks are actively adopting RWA tokenization, a move that has also played a pivotal role in propelling AVAX value, with Avalanche being a major player in the field. As the crypto market witnesses fluctuations, AVAX stands resilient, bucking the trend and outperforming many other cryptocurrencies. This surge has positioned AVAX as an attractive option for those seeking a promising crypto to buy in the current market landscape. Timely Insights: Ethereum’s (ETH) Post-Halving Performance As Ethereum (ETH) navigates the post-halving landscape, industry experts anticipate significant gains in 2024. Analysts predict a bullish trajectory for ETH, fueled by upcoming upgrades and institutional adoption. Ethereum’s current status also reveals a robust start to January 2024, with ETH trading at $2,420. With ongoing developments and a positive performance outlook, ETH emerges as a key player in the dynamic cryptocurrency landscape. Looking ahead, future price forecasts and predictions for the ERC20 token remain positive. Everlodge (ELDG) Up Over 190% Everlodge (ELDG) has gained significant attention, surging by an impressive 190%, making it a focal point in the crypto market. One key aspect that sets Everlodge apart is its unique utilities. ELDG, the native utility token of Everlodge, offers holders exclusive benefits, including discounts, rewards, and a central role within the Everlodge ecosystem. This distinctive feature has positioned Everlodge as more than just a cryptocurrency, offering a comprehensive platform for its users. Examining the price movements of Everlodge (ELDG) reveals its dynamic nature. On a monthly basis, the token has demonstrated substantial growth, aligning with the ongoing presale information available at Everlodge's official website. The presale, currently ongoing, presents a strategic opportunity for investors to acquire ELDG tokens at a favorable rate of $0.029 each. This presale information is crucial for those looking to capitalize on Everlodge's potential. The future price and predictions for Everlodge (ELDG) are optimistic. Supported by data and statistics, experts foresee a remarkable 3,000% surge after ELDG hits exchanges in 2024. This projection aligns with the ongoing positive sentiment surrounding Everlodge's performance in the crypto market. As investors seek the best cryptocurrency to buy, Everlodge stands out not only for its recent surge but also for the promising outlook supported by concrete data. Meanwhile, Everlodge's rise and unique utilities, coupled with its promising presale dynamics and future projections, make it a compelling choice for investors seeking the best cryptocurrency to include in their portfolios. Visit Everlodge Everlodge provides you with a seamless approach to fractional investing in vacation rentals, eliminating the complexities associated with traditional real estate investment. Our innovative platform revolutionizes the way people invest in second homes. Contact Details Brett admin@everlodge.io Company Website https://everlodge.io/

January 11, 2024 09:54 AM Central Standard Time

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Ballast Rock Announces 2023 Year-End Performance of its Sunbelt Real Estate Funds

Ballast Rock

Ballast Rock, the diversified investment management firm, today announced 2023 year-end performance of its two multifamily real estate funds. Sunbelt Multifamily Fund II (SB2), which launched in 2021, closed the acquisition of its final asset in early 2023, bringing total assets in the fund to $105,363,000. The fund has acquired a total of 1,049 units, with an equity contribution of $52,452,012. The fund generated cash from operations for its investors of 7% in 2023. SB2 maintained an average capitalization rate of 7.2% for the year, with 7% in the first half and 7.4% in the second half of 2023. SB2 paid 7.5% from income to investors in 2021, 7.5% from income in 2022, and now will have paid 7% to investors in 2023 from income. “In a challenging year when we saw many private equity real estate funds calling additional capital or halting payments, we were pleased that our focus on workforce multifamily in high growth states in the Southeast delivered results for our investors,” said Thomas Carroll, Chief Executive Officer of Ballast Rock. “This performance is a shared success, since all of our principals invest our own capital alongside our investors, aligning our interests, and delivering safe, clean, and affordable homes for residents in our communities.” Ballast Rock had anticipated launching Sunbelt Multifamily III (SB3) in 2023 but did not identify a property that met its strict qualitative and quantitative underwriting standards. Over the course of 2023, the company performed diligence on more than 350 potential assets but chose to not pursue any acquisitions based on price discipline and the expectation that sponsors that bought assets in 2021 and 2022 at the wrong price with too much floating rate debt are likely going to need to sell in 2024 and 2025 as they will be unable to refinance those deals on economic terms. Ballast Rock’s Atlanta-based real estate team continues to identify and perform diligence on several properties and anticipates a launch of the $100 million Sunbelt Multifamily Fund III in 2024, subject to finding the right properties at the right price. “We remain committed that our focus on workforce housing in the Southeast is the right strategy, and we anticipate that there will be excellent opportunities to acquire the right properties at attractive valuations in the coming months,” said Ian Garcia, Chief Operating Officer of Ballast Rock Real Estate. “We will continue to actively underwrite assets, but we will never sacrifice our diligence or discipline.” Ballast Rock launched Sunbelt Multifamily Fund I (SB1) in 2019 and between February 2019 and January 2021 acquired nine properties totaling 1,110 apartment units for $63,630,000. SB1 began dispositions in early 2022, generating gross proceeds of $60,450,000 from the first four properties sold. The 593 apartment units involved were acquired at an average cost of $53,583 per unit and sold at an average cost of $101,939 per unit. Thus far SB1 has made a total of $41,963,582 of investor distributions on $30,000,000 of equity invested in the fund. Ballast Rock anticipates exiting the remaining five assets in SB1 opportunistically over the next 12 to 18 months. Also in 2023, Ballast Rock launched Ballast Rock Capital, its broker-dealer. Ballast Rock Capital is a member of the Financial Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) and is registered with the Securities and Exchange Commission (SEC). About Ballast Rock Group Ballast Rock Group is an integrated investment management company specializing in delivering risk-adjusted returns, accurate, and timely advice, high quality frequent reporting, and direct access to management. Ballast Rock Group operates Ballast Rock Asset Management, Ballast Rock Private Wealth, and Ballast Rock Capital. Ballast Rock Asset Management comprises Ballast Rock Real Estate, which includes the firm’s Sunbelt multifamily real estate funds, and Ballast Rock Ventures, comprising venture capital and private equity teams. Ballast Rock Private Wealth is a registered investment advisor, with a focus on alternative strategies. Ballast Rock Capital is awaiting approval to become a FINRA-registered broker-dealer. Ballast Rock is committed to being a driver of positive change. The diversity of our team members brings valuable new perspectives to our industry for the benefit of our stakeholders and the broader community. Investment Disclosure The information contained in this press release has been prepared by Ballast Rock Holdings LLC (“Ballast Rock”) without reference to any particular reader’s investment requirements or financial situation. Potential investors are encouraged to consult with professional tax, legal, and financial advisors before making any investment into a private offering of securities. An investment in private securities would be speculative and would involve a high degree of risk. Investors must be prepared to bear the economic risk of such an investment for an indefinite period of time and be able to withstand a total loss of their investment. Please consider carefully the investment objectives, risks, transaction costs, and other expenses related to an investment prior to deciding to invest. Ballast Rock Capital LLC (“BRC”), MEMBER: FINRA / SIPC. BRC’s registered head office is 460 King Street, Suite 200, Charleston, SC, 29403. Tel: 800-204-2513. To check background information about BRC and its representatives, visit FINRA’s BrokerCheck. Please see important disclosure information in our Form CRS. Contact Details For Ballast Rock press@ballastrock.com Company Website https://www.ballastrock.com/

January 11, 2024 10:00 AM Eastern Standard Time

Human-augmented AI data marketplace Ta-Da debuts on strategic MultiversX incubator xLaunchpad

STORM Partners

Ta-Da, the platform revolutionizing AI data annotation, announces its highly anticipated debut on xLaunchpad, MultiversX’s strategic incubator. This collaboration sets the stage for a groundbreaking advancement in the secure and ethical development of AI, harnessing the power of human-validated data. Founded on over seven years of expertise in AI, Ta-Da leverages the power of MultiversX blockchain technology to disrupt conventional data collection methods. With its focus on video, audio, and image verticals, Ta-Da introduces a hybrid model of data annotation that blends quality, cost-effectiveness, and scalability. Addressing major challenges in AI development, such as bias and high data-related costs, this approach has already proven its efficacy with over 2.5 million tasks completed during its public beta phase. “The future of AI is not just about algorithms but about the quality and diversity of data that trains these algorithms,” says William Simonin, CEO of Ta-Da. “ Our launch on xLaunchpad is a pivotal step in realizing our vision of creating more effective AI systems by harnessing the power of human insight and the robustness of blockchain technology. ” xLaunchpad is the strategic incubator and acceleration platform of the MultiversX blockchain ecosystem. It is renowned for backing the most ambitious and impactful technologies in the web3 space, enabling them to leverage MultiversX’s highly scalable and secure blockchain network, which processes over 30,000 transactions per second at negligible cost. “ Ta-Da’s innovative model for AI data annotation aligns perfectly with our mission to foster technological advancements that have a profound global impact, ” said Beniamin Mincu, CEO and founder of MultiversX. “ Their debut on xLaunchpad is a testament to our commitment to nurturing projects that tap into the massive opportunities that emerge from the convergence of blockchain and AI. ” The collaboration between Ta-Da and xLaunchpad signifies a transformative movement in AI and blockchain technology. It not only propels Ta-Da’s mission forward but also reinforces MultiversX’s position as a leader in supporting revolutionary tech initiatives. This partnership is set to redefine the landscape of AI development, making it more accessible, diverse, and efficient. The public launch event of Ta-Da on xLaunchpad is taking place on February 09, 2024. For more information and to be part of this transformative journey, visit https://xlaunchpad.com/tada About MultiversX MultiversX is a highly scalable, secure, and decentralized blockchain network built from first principles, to solve the two fundamental problems critical for widespread, global adoption: a transition from dialup to broadband, and a significant UX paradigm shift. Distributed by STORM Partners. Contact Adrian Bono for interviews and quotes -adrian.bono@storm.partners or telegram @STORMPartners Contact Details Dan Voicu +1 561-325-8757 dan.voicu@multiversx.com

January 10, 2024 09:12 AM Eastern Standard Time

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5Scape VR Announces its Presale Going Live Today!

Spark Metro PR

In the thrilling realm of virtual reality (VR), 5th Scape stands as the gateway to the next big thing. Utilizing cutting-edge technology, 5th Scape promises a significant transformation in the online VR games platform niche, redefining the essence of immersive 3D gaming experiences. 5SCAPE Crypto Coins represent the first coins in the cryptocurrency world to offer exclusive access to premium VR content and devices, enhancing gaming experiences. Serving as a gateway to unlock special in-game features, these coins foster a dynamic community and present substantial growth potential within the virtual reality ecosystem. If you're interested in futuristic investment opportunities, cryptocurrency competes strongly with traditional avenues, and 5 Scape offers a rewarding future-proof investment. Click here to visit the 5 Scape Presale site Presale Countdown: 8 Hours Until Launch Prepare for an extraordinary journey into the limitless possibilities of virtual worlds! The 5th Scape team is thrilled to announce the presale launch happening TODAY in just 8 hours. This presale event introduces the 5SCAPE Coin, a token unlocking exclusive access to premium VR content, elevating gaming experiences to unparalleled heights. Get ready for an extraordinary journey into the limitless possibilities of virtual worlds! The 5th Scape team is thrilled to announce the upcoming presale launch, set to kick off in just 8 hours. This presale event introduces the 5SCAPE Coin, a token that will unlock exclusive access to premium VR content, elevating your gaming experiences to unparalleled heights. Presale Launch Details: Date: 09th January 2024 Time: 11 PM UTC +4 Total Funding Goal: $15 Million Click here to visit the 5 Scape Presale site 5SCAPE Coin - Your Key to Unmatched Virtual Reality Adventures At the center of the 5th Scape ecosystem, 5SCAPE coins are not just a currency but your ticket to a world where imagination meets innovation. As the presale events commence, game enthusiasts have the opportunity to be among the first to acquire 5SCAPE tokens, offering entry to exciting 3D VR games, powerful VR headsets with HDR quality, and ergonomically designed gaming chairs for utmost comfort during missions. Presale Highlights: The current price of 5Scape token at launch is $0.00187 Throughout all presale rounds, the 5scape token price is expected to appreciate by 400%, reaching a total value of $0.01. As the first VR ecosystem in the Ethereum crypto world, the 5th Scape project anticipates a reliable future without significant market competition. Early birds/Early enrollees will gain an exclusive advantage to access VR games and devices. Enjoy substantial discounts on all digital products with 5Scape tokens. Rest assured about data safety and confidentiality, protected by decentralized blockchain technology. Join Us in Redefining Reality 5th Scape is not just a project; it's a mission to reshape the virtual reality landscape. With a vision to be the forefront innovator in the VR industry, 5th Scape invites visionary investors, long-term investors, game developers, and gaming enthusiasts to join this thrilling and adventurous journey. Be part of the future of virtual reality gaming with 5scape. Don't Miss this fantastic opportunity to invest in 5th Scape, where technology and imagination converge to create a virtual world like never before. About 5th Scape: 5th Scape is a cutting-edge online VR games platform poised to redefine immersive gaming experiences. With the 5SCAPE Coin, 5th Scape offers exclusive access to premium VR content, animations, educational content, movies, and much more, creating a dynamic community within the virtual reality landscape. Follow 5thScape on social media for the latest updates: Twitter: @5th_scape Telegram: @fifthScape Discord: @5thscape Join the conversation using #5thScapeVR Contact Details Spark Metro Sumit Kumar +1 302-597-6768 sales@sparkmetro.com

January 09, 2024 04:53 AM Eastern Standard Time

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