Securities & Exchange Commission of Pakistan

American Assets Trust, Inc. Acquires Corporate Campus East III in Bellevue, Washington

Retrieved on: 
Friday, September 10, 2021

SAN DIEGO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the Company) has successfully closed on the acquisition of Corporate Campus East III, consisting of an approximately 161,000 square foot, multi-tenant office campus located just off the interstate 405 and 520 freeway interchange, less than 5 minutes away from downtown Bellevue, Washington.

Key Points: 
  • SAN DIEGO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the Company) has successfully closed on the acquisition of Corporate Campus East III, consisting of an approximately 161,000 square foot, multi-tenant office campus located just off the interstate 405 and 520 freeway interchange, less than 5 minutes away from downtown Bellevue, Washington.
  • Corporate Campus East III is currently approximately 86% leased to a diversified tenant base with contractual lease rates that the Company views as below prevailing market rates for the submarket.
  • American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California.
  • The company's office portfolio comprises approximately 3.9 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet.

Pacific Oak Strategic Opportunity REIT Announces New Independent Director

Retrieved on: 
Friday, September 10, 2021

LOS ANGELES, Sept. 10, 2021 /PRNewswire/ -- Pacific Oak Strategic Opportunity REIT, Inc. announced today that the board has elected Laurent Degryse to serve as an independent director on the board, effective September 2, 2021.

Key Points: 
  • LOS ANGELES, Sept. 10, 2021 /PRNewswire/ -- Pacific Oak Strategic Opportunity REIT, Inc. announced today that the board has elected Laurent Degryse to serve as an independent director on the board, effective September 2, 2021.
  • Mr. Degryse previously served as an independent director of Pacific Oak Strategic Opportunity REIT II, Inc., and brings over 20 years of real estate development industry experience to the board.
  • "We are pleased to welcome Laurent to the board of Pacific Oak Strategic Opportunity REIT," said Peter McMillan, chairman of the board and president of Pacific Oak Strategic Opportunity REIT.
  • Pacific Oak Strategic Opportunity REIT, Inc. is a public, non-traded corporation headquartered in Los Angeles, California, that has elected to be taxed and currently qualifies as real estate investment trust.

Ares Capital Corporation to Present at the Barclays Virtual Global Financial Services Conference

Retrieved on: 
Friday, September 10, 2021
Small Business, Banking, Professional Services, Finance

Ares Capital Corporation (Ares Capital) (NASDAQ:ARCC) announced today that Kipp deVeer, Ares Capitals Chief Executive Officer, is scheduled to present at the Barclays Virtual Global Financial Services Conference on Tuesday, September 14, 2021 at 11:15 am EDT.

Key Points: 
  • Ares Capital Corporation (Ares Capital) (NASDAQ:ARCC) announced today that Kipp deVeer, Ares Capitals Chief Executive Officer, is scheduled to present at the Barclays Virtual Global Financial Services Conference on Tuesday, September 14, 2021 at 11:15 am EDT.
  • Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors.
  • Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager.
  • Statements included herein may constitute forward-looking statements, which relate to future events or Ares Capitals future performance or financial condition.

United Insurance Holdings Corp. Previews Q3-2021 Estimated Catastrophe Losses

Retrieved on: 
Thursday, September 9, 2021
Other Professional Services, Professional Services, Insurance, Finance

United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred the third quarter through August 31, 2021, of approximately $27 million before income taxes (approximately $21 million after tax), net of expected reinsurance recoveries.

Key Points: 
  • United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred the third quarter through August 31, 2021, of approximately $27 million before income taxes (approximately $21 million after tax), net of expected reinsurance recoveries.
  • The Companys estimated net catastrophe losses includes claims from Tropical Storm Elsa, Hurricane Ida, which includes our core catastrophe program retention of $15 million plus Interboro Insurance Companys catastrophe retention of $3 million, as well as other new PCS catastrophe events that occurred during this period.
  • Our thoughts are with those who have suffered losses from these events, but particularly our policyholders in Louisiana.
  • Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries and one majority owned insurance subsidiary through a variety of distribution channels.

Bluerock Capital Markets Posts $196 Million of New Capital Inflows in August for Third Consecutive Record Month, Surpasses $1.1 Billion Year-to-Date

Retrieved on: 
Thursday, September 9, 2021

Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.

Key Points: 
  • Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.
  • Bluerock Capital Markets, LLC (BCM) serves as the managing broker dealer for Bluerock and is a member of FINRA/SIPC.
  • Bluerock has structured 1031 exchanges on approximately $2 billion in total property value and 10 million square feet of property.
  • Bluerock Residential Growth REIT's Series T Preferred Stock and Bluerock Value Exchange's programs are offered by Bluerock Capital Markets, LLC.

Americas Gold and Silver Continues to Add Silver Ounces at the Galena Complex; Surpasses Target Additions for the Year

Retrieved on: 
Wednesday, September 8, 2021
Mining, Minerals, Natural Resources

Inferred silver resource (100% basis) at the Galena Complex increased from 78.6 million silver ounces to 106.5 million silver ounces, representing a 36% increase from the previously reported estimate while the grade remained relatively unchanged.

Key Points: 
  • Inferred silver resource (100% basis) at the Galena Complex increased from 78.6 million silver ounces to 106.5 million silver ounces, representing a 36% increase from the previously reported estimate while the grade remained relatively unchanged.
  • Inferred lead resource (100% basis) at the Galena Complex increased by 27% to 1,010 million pounds from the previously reported estimate.
  • Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America.
  • Americas Gold and Silver does not give any assurance (1) that Americas Gold and Silver will achieve its expectations, or (2) concerning the result or timing thereof.

InterCure to Webcast Live at VirtualInvestorConferences.com September 9th

Retrieved on: 
Wednesday, September 8, 2021

(NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc)("InterCure" or the "Company") today announced that Alexander Rabinovitch, CEO of InterCure, will present live at VirtualInvestorConferences.com on September 9th.

Key Points: 
  • (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) (dba Canndoc)("InterCure" or the "Company") today announced that Alexander Rabinovitch, CEO of InterCure, will present live at VirtualInvestorConferences.com on September 9th.
  • This will be a live, interactive online event where investors are invited to ask the Company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • InterCure (dba Canndoc) (TSX:INCR.U, TASE:INCR) is the leading, fastest growing and the most profitable cannabis company outside of North America.

Renovacor to Present at the 2021 Virtual Wells Fargo Healthcare Conference

Retrieved on: 
Tuesday, September 7, 2021
Research, Genetics, Cardiology, Biotechnology, Other Health, Health, Pharmaceutical, Other Science, Science

Renovacor, Inc. (NYSE: RCOR), an early-stage biotechnology company developing adeno-associated virus (AAV)-based gene therapies for devastating cardiovascular and central nervous system diseases resulting from BAG3 gene variants, today announced that Magdalene Cook, M.D., Chief Executive Officer, will participate in a fireside chat at the 2021 Virtual Wells Fargo Healthcare Conference on Thursday, September 9, 2021, at 10 a.m. EDT.

Key Points: 
  • Renovacor, Inc. (NYSE: RCOR), an early-stage biotechnology company developing adeno-associated virus (AAV)-based gene therapies for devastating cardiovascular and central nervous system diseases resulting from BAG3 gene variants, today announced that Magdalene Cook, M.D., Chief Executive Officer, will participate in a fireside chat at the 2021 Virtual Wells Fargo Healthcare Conference on Thursday, September 9, 2021, at 10 a.m. EDT.
  • A webcast of the fireside chat will be available by visiting the Investors and Media section of Renovacors website at https://renovacor.com/news/ .
  • A replay of the webcast will be available on the Renovacor website for 30 days following the conference.
  • Renovacor is a preclinical stage gene therapy company developing a pipeline of innovative and proprietary AAV-based gene therapies for BAG3 gene mutation-associated diseases in areas of high unmet medical need.

Adesis Announces Expansion at Delaware’s DuPont Experimental Station

Retrieved on: 
Tuesday, September 7, 2021
Other Manufacturing, Research, Chemicals, Plastics, Manufacturing, Biotechnology, General Health, Pharmaceutical, Health, Science, Other Science, Adesis, Inc., Universal Display Corporation, ADESIS, INC., UNIVERSAL DISPLAY CORPORATION

Situated in Wilmington, Delaware, this expanded lab space approximately triples Adesis footprint in the DuPont Experimental Station.

Key Points: 
  • Situated in Wilmington, Delaware, this expanded lab space approximately triples Adesis footprint in the DuPont Experimental Station.
  • The new lab expansion in the Experimental Station increases our research footprint and broadens our capabilities for discovering, developing and designing critical chemistry solutions, said Andrew Cottone, Ph.D., President of Adesis, Inc. For nearly a century, the DuPont site has contributed to Delawares reputation as a leader in chemical research and development, and we are proud that Adesis is part of that remarkable legacy.
  • Adesis has a strong track record of growth and innovation, and we are pleased to see their continued expansion at the Experimental Station, said Governor John Carney.
  • Cottone continued, This expansion is the result of the continued growth Adesis has experienced since we first moved into the Experimental Station in 2017 for additional laboratory space.

Financial Independence Group Launches Quinci, All-In-One Solution Combining Insurance and Investments with Real Time Data Exchange

Retrieved on: 
Tuesday, September 7, 2021

CORNELIUS, N.C., Sept. 7, 2021 /PRNewswire/ --Financial Independence Group, LLC (FIG), a leading financial services conglomerate working with independent financial advisors and insurance companies, specializing in annuities, long-term care, and life insurance products is launching Quinci powered by SIMON, combining insurance and investments into one platform.

Key Points: 
  • CORNELIUS, N.C., Sept. 7, 2021 /PRNewswire/ --Financial Independence Group, LLC (FIG), a leading financial services conglomerate working with independent financial advisors and insurance companies, specializing in annuities, long-term care, and life insurance products is launching Quinci powered by SIMON, combining insurance and investments into one platform.
  • Spreading across fixed insurance, registered insurance, and structured investments, Quinci centralizes the product lines that many financial professionals are leveraging today with constant data exchange.
  • Financial Planning: Leverages both the built-in simple financial planning tools and some of the largest platforms in the industry, advisors can identify the ideal profile for their client.
  • Annuities and insurance services provided by SIMON Annuities and Insurance Services LLC.