RXR Realty

View, Inc. Reaches Agreement with Cantor Fitzgerald and RXR to Become a Private Company

Retrieved on: 
Tuesday, April 2, 2024

MILPITAS, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building technologies, today announced it reached an agreement with Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”), RXR Realty (“RXR”), and certain of the Company’s stakeholders on the terms of a financial restructuring that is designed to strengthen the firm’s balance sheet and better position View for the future (the “Proposed Transaction”).

Key Points: 
  • View also expects that trade claims will be unaffected, orders will continue to be fulfilled, and customers will continue to be supported.
  • The Company expects to obtain court approval for the Proposed Transaction within 45 days of April 2, 2024.
  • To facilitate the Proposed Transaction, View, Cantor Fitzgerald, RXR, and certain other investors have executed a Restructuring Support Agreement, dated April 2, 2024 (the “Restructuring Support Agreement”).
  • Sidley Austin LLP serves as legal advisor to Cantor Fitzgerald.

Higharc Announces $53M Series B for its Connected Homebuilding Cloud

Retrieved on: 
Thursday, February 15, 2024

DURHAM, N.C., Feb. 15, 2024 /PRNewswire/ -- Higharc, the connected cloud platform for homebuilding operations, announced today a $53 million Series B funding round powered by over 18 industry leaders from construction, building products manufacturing, and distribution.

Key Points: 
  • DURHAM, N.C., Feb. 15, 2024 /PRNewswire/ -- Higharc , the connected cloud platform for homebuilding operations, announced today a $53 million Series B funding round powered by over 18 industry leaders from construction, building products manufacturing, and distribution.
  • The new financing follows the company's rapid growth and customer demand in 2023, as it has emerged as the next-generation cloud software leader in the $350 billion US homebuilding industry.
  • "This additional capital reinforces Higharc's long-term commitment to the success of our customers and to unlocking digital transformation for the entire homebuilding industry."
  • Higharc's Homebuilding Cloud replaces the "pen and paper" processes and software solutions that dominate the industry.

DxVx appoints Yong Gu Lee as new CEO and Kevin Kwon as the new president

Retrieved on: 
Tuesday, May 16, 2023

SEOUL, South Korea, May 16, 2023 /PRNewswire/ -- DxVx announced on the 16th, the board of directors appointed Yong Gu Lee as the new CEO and Kevin Kwon, the former head of global business division at Hanmi Pharm.Co.,Ltd., as the new president. Drawing on the expertise of sales veterans who have more than 30 years of experience, the company plans to actively reorganize the global sales networks, launch new products and further enhance its capabilities to get global approvals for new drugs.

Key Points: 
  • SEOUL, South Korea, May 16, 2023 /PRNewswire/ -- DxVx announced on the 16th, the board of directors appointed Yong Gu Lee as the new CEO and Kevin Kwon, the former head of global business division at Hanmi Pharm.Co.,Ltd., as the new president.
  • The new CEO, Yong Gu Lee, graduated from Hanyang University.
  • Co., Ltd., managing director of the healthcare business division at Beijing Medi'Care Co., Ltd and vice president of the COREE Group.
  • New president Kevin Kwon will be appointed as a board director from a shareholders' meeting.

Duval & Stachenfeld LLP is Now Adler & Stachenfeld LLP

Retrieved on: 
Wednesday, January 18, 2023

Duval & Stachenfeld LLP, the Pure Play in Real Estate Law, announced today that it has changed its name to Adler & Stachenfeld LLP (“A&S”).

Key Points: 
  • Duval & Stachenfeld LLP, the Pure Play in Real Estate Law, announced today that it has changed its name to Adler & Stachenfeld LLP (“A&S”).
  • View the full release here: https://www.businesswire.com/news/home/20230118005717/en/
    Newly renamed real estate law firm "Adler & Stachenfeld" is led by Managing Partner Terri Adler and Chairman Bruce Stachenfeld.
  • (Photo: Business Wire)
    In its first 25 years, led by Managing Partner, Terri Adler, and Chairman, Bruce Stachenfeld, the firm built a reputation as one of the most respected and sophisticated law firms serving the real estate industry.
  • “Terri was a star from the beginning,” said firm Chairman, Bruce Stachenfeld.

Las Vegas Sands to Pursue Multi-Billion-Dollar Downstate New York License at Nassau Veterans Memorial Coliseum Site on Long Island

Retrieved on: 
Thursday, January 12, 2023

UNIONDALE, N.Y., Jan. 12, 2023 /PRNewswire/ -- With the recent release of the New York State Gaming Commission's Request for Application for three downstate New York gaming licenses, Las Vegas Sands (NYSE: LVS), the world's most valuable integrated resort company, today announced its intention to pursue the development of a multi-billion-dollar flagship hospitality, entertainment and casino project on Long Island, New York.

Key Points: 
  • The company has entered into agreements to purchase the long-term lease of the site currently home to the Nassau Veterans Memorial Coliseum.
  • These transactions, which still require certain approvals, would grant the company control of up to 80 acres in Nassau County, New York.
  • "Long Island has always attracted entrepreneurial businesses, and in this case, it would be creating an entirely new industry for the region.
  • Through the company's well-established and industry-leading environmental sustainability program, Sands ECO360, the Long Island development would also utilize cutting-edge sustainable building and operating practices.

American Friends of Rabin Medical Center Honors Mitchell Moinian, Gary Jacob, Dr Anthony Fauci With Yitzhak Rabin Leadership Awards

Retrieved on: 
Thursday, November 10, 2022

American Friends of Rabin Medical Center (AFRMC) is pleased to announce it has honored The Moinian Group Principal Mitchell Moinian with the Yitzhak Rabin Philanthropic Leadership Award at the AFRMC 22nd Annual Gala.

Key Points: 
  • American Friends of Rabin Medical Center (AFRMC) is pleased to announce it has honored The Moinian Group Principal Mitchell Moinian with the Yitzhak Rabin Philanthropic Leadership Award at the AFRMC 22nd Annual Gala.
  • AFRMCs Executive Director Rabbi Joshua Plaut closed the evening by announcing the naming of two Rabin Medical Exchange Fellowships in honor of Mitchell Moinian and Gary Jacob at Israels Rabin Medical Center.
  • As a bridge to peace, American Friends of Rabin Medical Center helps to fund Israels premier hospital Rabin Medical Center, which bears Yitzhak Rabins name and honors the late Prime Ministers vision of peace and regional economic prosperity.
  • American Friends of Rabin Medical Center (AFRMC) is a 501 (c) (3) nonprofit charitable organization that was established in 1995.

Mobility Commerce Pioneer Metropolis Technologies Raises $167M Series B

Retrieved on: 
Wednesday, June 15, 2022

LOS ANGELES, June 15, 2022 /PRNewswire/ -- Metropolis Technologies ("Metropolis"), the mobility commerce platform powered by advanced computer vision and a proprietary machine learning system, today announced a $167 million Series B capitalization. 3L Capital and Assembly Ventures co-led the round, with participation from leading growth equity investors Dragoneer Investment Group, Eldridge, Silver Lake Waterman, and UP Partners, among others.

Key Points: 
  • LOS ANGELES, June 15, 2022 /PRNewswire/ -- Metropolis Technologies ("Metropolis"), the mobility commerce platform powered by advanced computer vision and a proprietary machine learning system, today announced a $167 million Series B capitalization.
  • "By bringing urban mobility infrastructure online, we are knitting disconnected parts of the everyday journey into a remarkable experience," said Alex Israel, cofounder and CEO of Metropolis Technologies.
  • Most investors in the Series A round exercised pro rata or super pro rata rights in the Series B round.
  • Metropolis Technologies is a mobility commerce platform that connects transportation, payments, and local businesses for the first time.

Commercial Real Estate Sustainability Experts Release Guide for Building Decarbonization Strategies

Retrieved on: 
Tuesday, May 17, 2022

NASHVILLE, Tenn., May 17, 2022 /PRNewswire/ -- Cortex Sustainability Intelligence has released its official report detailing four pressing predictions for sustainability in commercial real estate in 2022.

Key Points: 
  • NASHVILLE, Tenn., May 17, 2022 /PRNewswire/ -- Cortex Sustainability Intelligence has released its official report detailing four pressing predictions for sustainability in commercial real estate in 2022.
  • The guide, developed by the decarbonization experts behind the sustainability intelligence platform currently serving Empire State Realty Trust, JLL, RXR Realty, and more, offers insight to not only help CRE leaders determine which decarbonization methods to implement in their office buildings, but how to prioritize initiatives based on their sustainability and financial goals.
  • The goal is for this guide to help inform our industry so we can all make smarter strides towards decarbonization while still making good business sense."
  • To download your own copy of Cortex's "Guide: How to Evaluate Popular Office Building Decarbonization Methods," please visit: https://get.cortexintel.com/guide-how-to-evaluate-popular-office-buildin...
    Cortex Sustainability Intelligence provides the fastest and lowest-cost path towards the decarbonization of large office buildings.

RXR and HQ Announce Employee Shuttle Service to Provide Starrett-Lehigh Office Tenants Efficient Return to Work

Retrieved on: 
Monday, April 11, 2022

Shuttles run five days a week during the peak work hours from 7:30 AM to 10:30 AM, and 4:45 PM to 7:45 PM.

Key Points: 
  • Shuttles run five days a week during the peak work hours from 7:30 AM to 10:30 AM, and 4:45 PM to 7:45 PM.
  • RXR is excited to provide our customers the best return to office experience through such features as the HQ tech-enabled, luxury shuttle service, said William Elder, EVP and Managing Director of New York City Leasing at RXR.
  • HQ provides sustainable and flexible ways of travel and is the largest mobility company for a corporate shuttle service in the United States.
  • HQ, the largest mobility company for corporate travel in the United States offers next-generation corporate mobility solutions and commuter shuttle options for corporations.

VTS Announces Accelerate 2022, the Leading Innovation Conference for Commercial Real Estate Executives

Retrieved on: 
Thursday, March 24, 2022

Accelerate 2022 will feature two days of content, including keynote presentations from distinguished guest speakers and VTS executives, breakout sessions with influential commercial real estate leaders and tech visionaries, VTS user-education content, and networking events.

Key Points: 
  • Accelerate 2022 will feature two days of content, including keynote presentations from distinguished guest speakers and VTS executives, breakout sessions with influential commercial real estate leaders and tech visionaries, VTS user-education content, and networking events.
  • VTS is the commercial real estate industrys leading technology platform that transforms how strategic decisions are made and executed across the asset lifecycle.
  • In 2013, VTS revolutionized the commercial real estate industrys leasing operations with what is now VTS Lease.
  • With the VTS Platform, consisting of VTS Data , VTS Market , VTS Rise , and VTS Lease , every business stakeholder in commercial real estate is given the real-time market information and executional capabilities to do their job with unparalleled speed and intelligence.