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The Way We Travel Now: Airbnb Looking Ahead, Looking Back

YourUpdateTV

As summer winds down and the seasons begin to change, now is the time to look back at how Americans spent their summer traveling and what they are looking forward to experiencing in the fall. Recently, Communications Leads for North America at Airbnb, Liz DeBold Fusco, teamed with YourUpdateTV on a satellite media tour to share the most recent travel trends. A video accompanying this announcement is available at: https://youtu.be/aBehaUcamIE Not surprisingly, outdoor escapes with the family were the top summer travel trend, and as we come to the end of the summer, longer trips and reunions have become a go to. One of the biggest trends was the great escape to rural, with destinations near national and state parks among the top places to stay. Few weeks ago, Airbnb reached their biggest night ever in the US with more than 4 million guests using the platform. This has created a lot of opportunities for the Airbnb host community. This past summer, US Hosts on Airbnb collectively earned more than $1.3 billion – with some hosting while they were away to pay for their vacation to some offering one-of-a-kind unique stays, like treehouses and yurts. With the remote work trend continuing into fall, so does the increase in trips extending beyond just a weekend. Longer weekend trips with families lasting three to four days are up 70 percent, with weekday stays increasing from 63 to 65 percent. Guests’ rising and diversified interest in mid-sized cities extends beyond the weekend and is focused on fall scenery. Searches for stays in large and mid-sized cities make up about a third of searches each for fall, compared to more than half for stays in just large cities in fall 2019. Big events are also coming back, and more guests are eager to head back to stands and seats once again. In fact, a number of those top trending destinations for Labor Day Weekend and beyond are large and mid-sized cities. This is due to welcome-back iconic competitions and major music festivals, like the Made in America Festival in Philadelphia and Astroworld in Houston. You can always go to airbnb.com to find places to stay, Online Experiences to try. Or, if you are looking to share your space this fall or ahead of a big event, you can become a host at Airbnb.com/host. About Liz DeBold Fusco: Liz DeBold Fusco is a Communications Leads for North America for Airbnb. Prior to that, she was a Vice President at SKDKnickerbocker, a national public affairs firm, where she provided strategic communications guidance to organizations ranging from the NAACP and Demos to The Rockefeller Foundation and AT&T. Liz has also worked for Mayor's Fund to Advance New York City and New York City First Lady Chirlane McCray as well as the New York State Attorney General. About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 08, 2021 07:00 PM Eastern Daylight Time

Video
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REALTORS®’ Guidance on Current Renovation Trends That Boost Home Value

YourUpdateTV

Any homeowner or hopeful homebuyer knows it can be confusing to determine which renovations are worth their time and money and which ones are best left undone. How do you boost the return on investment of a house? How much will it cost? What should you focus on? The complexities and uncertainties surrounding these questions highlight the need to work alongside a local real estate expert. Americans spend $400 billion annually remodeling their homes, but many find the idea of taking on a remodeling project themselves too overwhelming. In fact, 35% of U.S. homeowners would rather move to another home than remodel their current home. How do real estate agents help home buyers/sellers? Community – Know local, county, and state property taxes; decipher public property information. Financial – Coordinate with lenders; research mortgage rates and terms; schedule appraisals and inspections Legal – Manage attorney reviews; navigate all require stated and federal forms; handle closing documents Expert real estate agents save home buyers time and help take stress out of the process. In fact, 91% of home buyers say they would engage their real estate agent again or recommend them to others. To learn more about REALTORS® and to find a real estate agent – www.realtor.com For tips and ideas on home renovations - https://www.houselogic.com/ About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

September 08, 2021 04:00 PM Eastern Daylight Time

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PCMA Private Client Is Presenting At The 2nd Annual NonQM Forum

PCMA

Irvine, CA September 8th, PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, will be presenting at the 2nd Annual NonQM Forum Thursday, September 9th at 9:55am PT/12:55pm ET. CEO and Founder of PCMA, John R. Lynch, will be speaking on the “NonQM C-Suite” panel. “As industry, if we are going to succeed in winning back the trust of high-net-worth borrowers, it starts with removing the NonQM label and replacing it with rhetoric that explains the unique needs and accomplishments of these borrowers PCMA and others serve,” said John Lynch, CEO and Founder of PCMA. “I look forward to talking with the other distinguished panelists about traditional and, in many cases, irrelevant borrowing restrictions surrounding this lending category.” John R. Lynch will contribute to the discussion on “NonQM C-Suite” panel alongside fellow industry expert panelists: Ravi Correa, CFO at Angel Oak; Keith Lind, Executive Chairman & President at Acra Lending; Richard Bradfield, CEO at Arc Home LLC; Joe Lydon, Co-Founder & Managing Director at Lendsure Mortgage; Shea Pallante, President at Sprout Mortgage. “Currently we are in a lopsided marketplace with homogenized m ass market lenders not understanding or being able to offer mortgage solutions to serve those locked in a trillion-dollar credit gap labeled NonQM, ” said Lynch. “PCMA will continue to lead the way in innovative mortgage strategies; giving Private Clients optionality and the qualifying flexibility for their sophisticated estates and finances.” About PCMA: PCMA is the leading non-bank private client lending organization serving the needs of their mass affluent and high net worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com Contact Details PCMA Private Client Lending Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage

September 08, 2021 08:00 AM Eastern Daylight Time

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ECI Development, Community Build Announce 400-Key Sustainable Tourism Village in El Salvador

ECI Development

ECI Development, a leading provider of responsibly developed properties in Central and South America, and The Community Build, a US-based non-profit that serves communities in El Salvador, today announced plans to develop a sustainable tourism village in El Salvador. The village will provide authentic tourist experiences that celebrate and conserve local heritage and culture and will grace the Pacific coast of El Salvador near the town of El Zonte, nicknamed “Bitcoin Beach,” known for its world-class surf beaches and Bitcoin economic ecosystem. The Community Build’s 40-acre property located near El Zante, and ECI Development’s village design, engineering, marketing, and construction, as well as property and rental management post-completion, will produce a tourism village that serves equally Salvadorians and North Americans. “There is currently a shortage of hotel rooms and homes for sale along the El Salvadorian coast. The residences we will develop will serve the Salvadorian and North American marketplace for both ownership and rentals,” said Michael Cobb, CEO of ECI Development. “Because of the central location along the best surf beaches in El Salvador, and the close proximity to the town of El Zonte, the property is perfect for the development of a sustainable eco-tourism village.” The eco-sustainable village will have 400-450 addresses with multiple price points and models for both rent and ownership, offering luxury condos, affordable condos, and tiny homes ranging from $150,000 to $1 million. El Salvador is the first country in the world to adopt Bitcoin as legal tender with a law that takes effect today, September 7. In light of this world first, ECI Development will offer property discounts when buyers use Bitcoin as opposed to fiat currency or financing. “We expect the tourism village to create sustainable jobs for young people in the city and surrounding area, helping boost the local economy and preventing migration to San Salvador, the capital and the country's most populous city,” said Mike Peterson, the founder and President of Missionsake, of which The Community Build is an initiative. “We also want to become the standard-bearer for Bitcoin transactions in real estate for this country and the world, ushering in a new level of comfort for the broader society to utilize Bitcoin in their daily lives.” About ECI Development ECI Development is a real estate development company that has been responsibly developing properties within communities in Nicaragua, Belize, Costa Rica, Panama, and Argentina for more than 20 years. Visit www.ecidevelopment.com for more information. About The Community Build The Community Build is a non-profit organization born in 2017 designed to help foster the growth and education of the youth in El Zonte, El Salvador. The Community Build is an initiative of Missionsake. Missionsake exists to help develop the spiritual, mental, physical, and relational health of the missionary community in El Salvador and also of the local communities in which they serve. Visit thecommunitybuild.com for more information. Contact Details Razor Sharp PR Ray Young +1 512-633-6855 ray@razorsharppr.com Company Website https://www.ecidevelopment.com/

September 07, 2021 02:23 PM Eastern Daylight Time

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Caliber Forms Strategic Partnership with Guaranty Bank & Trust

Caliber Co.

Caliber (CaliberCos Inc.), a vertically-integrated alternative asset manager and fund sponsor, announced today that it has formed a partnership with Guaranty Bancshares, Inc., (NASDAQ: GNTY), the parent company of Guaranty Bank & Trust, N.A., “GB&T” in an effort to drive additional investment that should enhance communities across the U.S. through real estate developments. Consistent with the goals of the Community Reinvestment Act (CRA), Guaranty and Caliber will provide increased affordable housing opportunities by investing in low and moderate income (LMI) neighborhoods. Guaranty is supplying Caliber with capital that Caliber will invest alongside its Caliber Tax-Advantaged Opportunity Zone Fund, LP – combining the Opportunity Zone tax incentive with community reinvestment. “This is a transformative time in Caliber’s history,” stated John Hartman, Chief Investment Officer of Caliber. “As we expand our investment platform across private and public markets, we anticipate that our partnership with Guaranty will continue to evolve and grow in tandem with our initiatives to develop wealth for our investors and the communities we invest in.” The capital structure consists of $50 million of total funds to deploy into qualified real estate developments. Caliber will manage the funds as a sidecar to its existing U.S.-based fund platform while focusing its efforts on Texas based markets, such as Austin, Bryan/College Station and Dallas, along with Guaranty. Further, Caliber will be tasked with sourcing appropriate developments, acquiring, and managing those developments, as well as reporting its progress to Guaranty. Ty Abston, CEO of Guaranty stated, “We are proud to be partnering with Caliber to provide an attractive capital source that will fund Caliber’s initiatives to revitalize low and moderate income communities within the Austin, Bryan/College Station and Dallas markets through their dedicated opportunity zone funds and other real estate centric funds.” ABOUT CALIBER Caliber – the Wealth Development Company – is a middle-market alternative asset manager and fund sponsor with approximately $500 million in assets under management. The Company sponsors private funds, private syndications, as well as externally-managed real estate investment trusts (REITs). It conducts substantially all business through CaliberCos, Inc., a vertically integrated series of businesses that are strengthened by more than 70 professionals with decades of experience in commercial real estate, capital markets, alternative investments as well as mergers and acquisitions. The Company strives to build wealth for its investors by offering a diverse host of investment solutions that fit its investors’ optimal balance of risk-adjusted returns and attractive investment performance. Caliber primarily focuses on middle-market growth areas, such as Arizona, Colorado, Nevada, Texas, Utah, Idaho and Alaska. The Company assesses other markets that have similar supply and demand fundamentals with emerging population and job growth. Caliber delivers a full suite of alternative investments to a $4 trillion market that includes high net worth, accredited and qualified investors, as well as family offices and smaller institutions. This strategy allows the Company to opportunistically compete in an evolving middle-market arena for alternative investments that range between $5 million and $50 million on a per-project basis. Additional information can be found at www.CaliberCo.com and www.CaliberFunds.co. ABOUT GUARANTY BANCSHARES, INC. and GUARANTY BANK & TRUST Guaranty Bancshares, Inc. is a bank holding company that conducts commercial banking activities through its wholly-owned subsidiary, Guaranty Bank & Trust, N.A. As one of the oldest regional community banks in Texas, Guaranty Bank & Trust provides its customers with a full array of relationship-driven commercial and consumer banking products and services, as well as mortgage, trust, and wealth management services. Guaranty Bank & Trust has 31 banking locations across 24 Texas communities located within the East Texas, Dallas/Fort Worth, greater Houston and Central Texas regions of the state. As of June 30, 2021, Guaranty Bancshares, Inc. had total assets of $2.93 billion, total loans of $1.89 billion and total deposits of $2.53 billion. Visit gnty.com for more information. Contact Details Caliber Companies Victoria Rotondo | Caliber +1 480-295-7600 victoria.rotondo@caliberco.com Caliber Companies Mary Jensen | Investor & Public Relations +1 310-526-1707 mary.jensen@caliberco.com Caliber Companies Susan Assadi | Media Relations +1 480-510-4881 susan.assadi@caliberco.com Company Website https://www.caliberco.com/

September 07, 2021 10:04 AM Eastern Daylight Time

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Advisors Mortgage Group Makes INC. 5000’s List of Fastest Growing Private Companies

Advisors Mortgage Group

INC.’s annual guide to the 5,000 fastest growing privately owned companies has been released and Advisors Mortgage Group has made the list for the 10th year since 2009. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. The mortgage company based in Ocean Township, NJ has grown 236% over the past three years which is impressive given these challenging times. “We are honored to be a part of this prestigious list. Our team of dedicated professionals continues to offer our clients unparalleled customer service resulting in customer loyalty and growth,” commented Sean Clark, Vice President of Advisors Mortgage Group. “Top industry talent have joined the Advisors family in several different departments bringing years of experience and their unique expertise to the table. Our technology has also reached another level with the implementation of automation and the development of an app which will be beneficial to both customers and employees as well as our realtor partners to communicate with each other during the home loan process,” explains Clark. With branches in 31 states across the country, Advisors Mortgage Group continues to expand with new offices opening throughout the year. The mortgage company has sustained continuous growth over the past 10 years with expansion down to Florida, up to Vermont and out west to Indiana. According to metrics provided by Marketrac®, Advisors is now the largest purchase lender on the Jersey Shore. Their mission statement is: We Take Care of our Family, Who Take Care of our Customers, Which Allows Us to Give Back to the Community. This family centric approach to the workplace not only makes this a great place to work, but also opens the lines of communication which increases workflow efficiency. This philosophy has also resulted in the company being named one of the Best Places to Work in New Jersey by NJBIZ for the 9th year in a row. If you are interested in joining the Advisors’ Family, please visit their website at https://advisorsmortgage.com/career-in-mortgage/ and apply online. About Advisors Mortgage Group Advisors Mortgage Group is a multi-state mortgage banker with more than thirty branch locations across the country. Focusing on residential lending, Advisors prides itself on maintaining a local and personal feel to help each and every customer feel the comfort and protection that their home financing needs are in the right hands. Advisors has been on the Best Places to Work in NJ list for the past nine years, making sure that all employees feel like Family, while also maintaining the customer service standards that the company was built on. The mission statement at Advisors is that we take care of our Family, who help us take care of our Customers, which allows us to give back to our Community. Contact Details Sean Clark +1 800-778-9044 Advisors@AdvisorsMortgage.com Company Website https://advisorsmortgage.com/

September 02, 2021 03:16 PM Eastern Daylight Time

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PCMA Announces the Launch of the Industries First Private Client Partner Program for Specialty Financial Service Providers

PCMA

PCMA, the pioneer and category leader in Non-Bank Private Client Lending today announced the launch of the PartnerUP™; an industry first creating strategically aligned relationships that will help specialty financial service providers extend the value of their services, protect assets under management, elevate the expertise of their practice, and further align with the complex needs of their accomplished clientele. “Leverage is a major part of estate and financial planning for high-capacity estates. We understand this symbiotic relationship very well and we further understand the difficulty of finding a referral partner that not only can be trusted, but capable of understanding the complexities and nuances of our partners high net worth clientele,” said John Royce Lynch, CEO and Founder. “The needs of the most accomplished amongst us cannot be satisfied by generalist banking and mortgage service operations.” PartnerUP™ extends the value-added services of category specialists that cater exclusively to high net worth, and ultra-high net worth estates. PCMA has curated the most comprehensive portfolio of private client residential and commercial credit programs to help support varied industry practitioners such as: Wealth Advisors: PCMA will help keep investment strategies intact by offering a confidential and seamless referral to a certified private client lending expert and direct access to bespoke mortgage solutions, while protecting your assets under management. Property Advisors: Whether your clients are looking to purchase a primary residence, vacation home or add to their real estate investment portfolio, a partnership with PCMA will increase your value of services, keep you agile in the market and responsive to your private clients’ home financing needs. Estate Advisors: High-capacity estates rely on a team of skilled advisors to navigate the complexities of wealth. We’d like to help you further enhance your practice capabilities and client relationships. It is this client first mandate that has allowed us to become the nation’s top nonbank private client lender. “We understand the value of relationships and are dedicated to making a difference in the lives of financial advisors and their clients. With the launch of our Even Pros Need Pros marketing campaign supporting our PartnerUP™ program, we look forward to working with experts in their area of practice that are dedicated to our common goal of making a difference in the lives of their accomplished clientele,” said John Royce Lynch To learn more about our PartnerUP™ program please visit PCMA.PARTNERS About PCMA PCMA is the nation’s leading Non-Bank Private Client Lender serving the complex credit needs of their High-Net-Worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com Contact Details Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

August 30, 2021 08:00 AM Eastern Daylight Time

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Interactive Design Corporation (IDC) Unveils Award-Winning Affordable Housing Design for The Monarch Apartment Homes in Palm Springs

Community Housing Opportunities Corporation

Interactive Design Corporation (IDC), a Palm Springs-based architectural firm known for its focus on creating sustainable projects that address important social values, has unveiled the design for The Monarch Apartment Homes, a 60-unit, affordable housing community located in Palm Springs, CA. Developed by the Community Housing Opportunities Corporation (CHOC), an organization dedicated to the development of economically integrated housing, the design centers on a contemporary mid-century modern architectural style that creates an inviting, welcoming neighborhood for its residences. “Our strategy is to increase the supply of beautifully designed, sustainable homes for low- and moderate-income families that serve the desert community,” emphasizes Joy Silver, regional director of CHOC. “This type of design integrates communities and transforms lives. The Monarch Apartment Homes is a prime example of how our cities can add well-designed, sustainable living environments for their residents.” Located on a 3.62-acre vacant parcel of land at the Southeast corner of N. Indian Canyon and San Rafael Drive in the Upper Westside One Palm Springs neighborhood, the property is owned by the City of Palm Springs Successor Redevelopment Agency. In partnership with the City, CHOC will develop the land with rental apartments that offer one-, two- and three-bedroom apartment homes. Since the neighboring properties on the east side of the complex are residential homes, most of which are mid-century in design, the east side buildings will be smaller, one-story, and one-bedroom units to respect the context of the neighborhood. Much of the local mid-century designed homes in the adjacent neighborhoods were influenced by Donald Allen Wexler, an influential architect who practiced in the desert for almost 60 years. Trained under Richard Neutra, Wexler designed banks, schools, and even the Palm Springs airport, but he is known for his home designs, many of which are found throughout the surrounding community. “The design of this complex demonstrates that high design and affordable housing can work hand in hand,” emphasized Maria Song, AIA, LEED AP, partner with IDC, known for its award-winning concepts specifically for affordable housing development. “We’ve incorporated mid-century design elements that weave the interaction of place, people, and community together, thus knitting it into the overall City itself as a thriving neighborhood for the working families who need affordable housing.” The first affordable housing effort in Palm Spring in twelve years, 60 units of affordable housing -- or 15 units to the acre -- is required to be built based on California’s density bonus law. “The Monarch Apartment Homes will provide critically needed affordable housing units for Palm Springs,” said Palm Springs Mayor Christy Holstege. “Just as important as the availability of affordable housing is the fact that the rents at the Monarch Apartments will remain affordable for at least 55 years. This will allow generations of families to establish themselves in the community without having to worry about housing security or paying large portions of their income towards rent. We’re very proud of what the Monarch Apartment Homes will bring to the City of Palm Springs.” Creating a mini neighborhood The design of the $31 million complex includes sloping rooftops that mimic the monarch butterfly. It also includes natural desert plants to blend into the surrounding communities. The property itself is designed with a tree-lined thoroughfare, aptly named Main Street, to create a pedestrian plaza. Designed in 14 separate buildings clustered to create mini neighborhoods, each structure is topped with a sloping roofline mimicking the wings of the Monarch butterfly, which is known as a sign of rebirth. The name of the complex nods to the symbolism. Amenities include a dog park, a Monarch Park splash pad -- which is a water feature with a deck area that is integrated into the main open space adjacent to a children’s play area, and two BBQ areas. “These homes will become the community that our grocery store workers, clerks, caregivers, and more can live in and be proud of their homes,” added Song, who was invited to present this development at this year’s Modernism Week conference. “Creating housing affordability is the foundation to providing a stable, safe place for all of our residents to thrive. The design here proves that it can be done effectively, and residents will be proud to live here.” To encourage a well-rounded living experience, all apartment homes will have patios or balconies with a community building with a computer classroom, a rental office, and a community lounge adjacent to a kitchen that can be used for group functions. A laundry room will also be centrally located in the community building. In the main driveway, parking is conveniently close to collector streets and offers both parallel parking and angled parking. “The design of these homes compliments the surrounding community neighborhoods and offers a beautifully designed, mid-century modern look that blends in with the neighborhood, and even the upper-income enclaves,” adds Song. Sustainability Factors Sustainability was a key consideration in the creation of this property. Sustainability in construction was enhanced by making all of the indoor and outdoor systems electric. In addition, the renewable energy system helps the complex work in unison and presents an opportunity for a solar panel system. The property will have efficient windows and appliances, reflective surfaces, and cool roofs that reflect about 76 percent of the sunray away from the building for added sustainability. Understanding that the desert area sees high temperatures, the complex will be built with a double insulation system including framing with blown insulation and rigid insulation on the outside to help keep the air conditioning zones on the inside. Large roof overhangs also provide adequate shade throughout the property and over all the carports. Based in Palm Springs, Song has seen a 29-degree drop in temperature in asphalt that is shaded, compared to those that are not. With this in mind, the property will also have many trees to create natural shade within the courtyard areas. The buildings are shaped so that the air can easily flow throughout the property, creating a passive cooling system. IDC will submit The Monarch Apartment Homes for a GreenPoint Rated verification. The project is expected to break ground in early 2022. About CHOC: Founded in 1984, the Community Housing Opportunities Corporation (CHOC) is a non-profit, affordable housing developer based in Fairfield, California with offices in Palm Springs, that creates and manages communities for individuals, families, seniors and those with special needs. CHOC believes that economically integrated, affordable housing is key to self-sufficiency and is achievable with enriching, supportive programs that give pride to residents, stabilize families and improve local economies. www.chochousing.org Contact Details Anne Shanahan +1 310-373-0103 ashanahan@hoytorg.com Company Website https://www.chochousing.org/

August 24, 2021 10:30 AM Pacific Daylight Time

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Wheeler Real Estate Investment Trust, Inc. Announces Special Meeting of Stockholders to Vote on Amendments to Series A Preferred Stock and Series B Convertible Preferred Stock

Wheeler Real Estate Investment Trust, Inc.

Wheeler Real Estate Investment Trust, Inc. (the “Company”) (NASDAQ: WHLR) today announced that it will hold a special meeting of its stockholders on Wednesday, November 3, 2021. Common stockholders of record as of the close of business on Wednesday, September 22, 2021 (the “Record Date”) will be entitled to vote at the special meeting. At the special meeting, the Company’s common stockholders as of the Record Date will be asked to consider and vote on a proposal to amend the terms of the Company’s Series A Preferred Stock (the “Series A Preferred Stock”) and Series B Convertible Preferred Stock (the “Series B Preferred Stock” and, together with the Series A Preferred Stock, the “Preferred Stock”) so that dividends on the Preferred Stock are non-cumulative and will be paid only when, as and if declared by the Company’s Board of Directors. As of June 30, 2021, there was an aggregate of $139,095 and $11,606,191 of accrued but unpaid dividends on the Company’s Series A Preferred Stock and Series B Preferred Stock, respectively. The Company believes that removing the cumulative dividend from the Preferred Stock will further optimize the capital structure of the Company. Additional details regarding the special meeting and the proposed amendments will be included in the Company’s proxy statement when it becomes available. About Wheeler Real Estate Investment Trust, Inc. Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Please visit: www.whlr.us Forward Looking Statements This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results or developments may differ materially from those in the forward-looking statements as a result of various factors. Additional Information About the Proposed Amendments and Where To Find It In connection with the proposed amendments, the Company expects to file with the SEC a proxy statement, which proxy statement will be mailed or otherwise disseminated to the Company’s stockholders when it becomes available. INVESTORS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. You may obtain a free copy of the proxy statement (if and when it becomes available) and other relevant documents filed by the Company with the SEC at the SEC’s website at www.sec.gov. Copies of the documents filed by the Company will be available free of charge on its website at www.whlr.us, or by directing a written request to our Corporate Secretary Angelica Beltran at Riversedge North, 2529 Virginia Beach Blvd., Suite 200, Virginia Beach, Virginia 23452, Attention: Corporate Secretary, (757) 627-9088. The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed amendments. You can find more information about the Company’s directors and officers in the Company’s definitive proxy statement filed with the SEC on April 28, 2021 in connection with its 2021 annual meeting of stockholders. Additional information regarding the interests of such potential participants will be included in the proxy statement and other relevant documents filed with the SEC if and when they become available. You may obtain free copies of these documents from the Company using the sources indicated above. Contact Details Mary Jensen | Investor Relations +1 757-627-9088 mjensen@whlr.us

August 23, 2021 08:00 AM Eastern Daylight Time

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