Colliers (company)

Jones Street Investment Partners Secures $179 Million in Construction Financing for Three Northeast Multifamily Projects

Retrieved on: 
Monday, November 14, 2022

We appreciate the support of our financing partners, said Matt Frazier, founder and CEO of Jones Street Investment Partners.

Key Points: 
  • We appreciate the support of our financing partners, said Matt Frazier, founder and CEO of Jones Street Investment Partners.
  • Jones Street secured a $70 million loan from Key Bank as well as a $7.9 million preferred equity investment from a major investment manager to develop Seacoast Residences, a 282-unit multifamily community located at 76 Dennett Road in Kittery.
  • Bangor Savings Bank provided Jones Street with a $36 million loan to develop an amenity-rich, 181-unit multifamily community in Brunswick.
  • Jones Street Investment Partners is a privately held real estate investment management firm focused on multifamily investments located in the Northeast and Mid-Atlantic regions of the United States.

TerraCap Management Acquires 790k SF Industrial Building in Savannah MSA

Retrieved on: 
Monday, November 21, 2022

RINCON, Ga., Nov. 21, 2022 /PRNewswire/ -- TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of Savannah Gateway Building 1H, a 790k square foot single-story industrial building located in Rincon, GA.

Key Points: 
  • RINCON, Ga., Nov. 21, 2022 /PRNewswire/ -- TerraCap Management LLC, a privately held investment firm with its headquarters in Naples, Florida, announced today the acquisition of Savannah Gateway Building 1H, a 790k square foot single-story industrial building located in Rincon, GA.
    Building 1H is part of a two-building acquisition.
  • The first building, Building 1F, was delivered and acquired by TerraCap in August 2022.
  • "Continuing to expand our industrial holdings near growing seaports is integral to TerraCap's investment thesis and strategy.
  • Building 1H is located in the Savannah Gateway Industrial Hub, one of the largest industrial parks in Savannah, and is less than 13 miles from the Port of Savannah's Garden City terminal.

DG Architects Completes Strategic Partnership and Admits 15 Principals to Partnership in Largest Expansion of Firm Ownership

Retrieved on: 
Wednesday, November 9, 2022

In 2022, DGA was ranked the third largest laboratory architecture firm and the fourth largest science and technology architecture firm in the United States by Building Design + Constructions Giants 400 Report.

Key Points: 
  • In 2022, DGA was ranked the third largest laboratory architecture firm and the fourth largest science and technology architecture firm in the United States by Building Design + Constructions Giants 400 Report.
  • In addition,as part of the transaction,HennickCo andDGAs founding partners worked to expand the firms shareholder base by admitting 15 principals to the partnership in the largest expansion of the firms ownership since its founding nearly 30 years ago.
  • Nancy Escano, Managing Principal, added, HennickCos investment has allowed us to significantly expand our ownership group and we look forward to welcoming 15 deserving principals to our partnership.
  • DG Architects, Inc. is an award-winning architecture, laboratory planning and technical design firm serving the LifeSciences,Pharmaceutical, Advanced Technology, Research and Development, Mission Critical Infrastructure and Healthcare sectors.

Cinchy Announces $14.5 Million Series B Funding Led by Forgepoint

Retrieved on: 
Thursday, October 27, 2022

Cinchy , the pioneer of dataware technology and leader of data liberation, today announced a $14.5 million USD Series B financing round led by Forgepoint Capital .

Key Points: 
  • Cinchy , the pioneer of dataware technology and leader of data liberation, today announced a $14.5 million USD Series B financing round led by Forgepoint Capital .
  • Forgepoint Managing Director Leo Casusol will join Cinchys Board of Directors, while Reynaldo Kirton comes on board as an advisor.
  • Cinchy, which enables instant visibility into organizational data, offers an out-of-the-box solution that provides immediate time to value by turning abstract data concepts into actual live dataware deployments.
  • Were thrilled to partner with the team at Forgepoint Capital, which uniquely appreciates the importance of data layer controls and the enablement of data autonomy.

Colliers to announce third quarter results on November 1, 2022

Retrieved on: 
Monday, October 17, 2022

TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (Colliers or the Company) today announced that results for the third quarter ended September 30, 2022 will be issued by press release on November 1, 2022 at approximately 7:00am ET.

Key Points: 
  • TORONTO, Oct. 17, 2022 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (TSX: CIGI; NASDAQ: CIGI) (Colliers or the Company) today announced that results for the third quarter ended September 30, 2022 will be issued by press release on November 1, 2022 at approximately 7:00am ET.
  • The conference call to review these financial results will take place at 11:00am ET on November 1, 2022 and will be hosted by Jay S. Hennick, Global Chairman & CEO and Christian Mayer, CFO.
  • Conference call participants should pre-register using this registration link: https://register.vevent.com/register/BI1af2aba36af2447083ab88bbad24df4b to receive the dial in numbers and a personal PIN, which are required to access the conference call.
  • Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company.

JBG SMITH Secures Lease with HII in National Landing

Retrieved on: 
Tuesday, October 18, 2022

JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, announced today that it has completed a new, 36,809-square-foot lease with HII (NYSE: HII) at 2451 Crystal Drive in National Landing.

Key Points: 
  • JBG SMITH (NYSE: JBGS), a leading owner and developer of high-quality, mixed-use properties in the Washington, DC market, announced today that it has completed a new, 36,809-square-foot lease with HII (NYSE: HII) at 2451 Crystal Drive in National Landing.
  • As part of its 11.5-year lease, HII will now occupy space minutes from the Pentagon and Reagan National Airport.
  • Were pleased to welcome HII to National Landing, said David Ritchey, Executive Vice President, Commercial Leasing and Asset Management of JBG SMITH.
  • Consequently, the future results of JBG SMITH Properties (JBG SMITH or the Company) may differ materially from those expressed in these forward-looking statements.

Newmark Names Angie Leccese as Chief Marketing Officer

Retrieved on: 
Thursday, October 6, 2022

NEW YORK, Oct. 6, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, announced that Angie Leccese has joined the Company as Chief Marketing Officer.

Key Points: 
  • NEW YORK, Oct. 6, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, announced that Angie Leccese has joined the Company as Chief Marketing Officer.
  • As the head of Newmark's marketing team, Leccese will be responsible for overseeing the planning, development and execution of the Company's marketing and business development strategy, with a focus on driving growth through content marketing and sales enablement.
  • Leccese brings a wealth of experience in marketing business development, having served in comparable leadership roles across national and international commercial real estate companies for the last 20 years.
  • "I'm thrilled to be joining Newmark and look forward to working with the company's dedicated team of marketing professionals to support the core business," Leccese said.

Colliers Announces Entry Into Automatic Share Purchase Plan

Retrieved on: 
Monday, October 3, 2022

TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (Colliers) announced today that it has established an automatic share purchase plan (ASPP) in connection with its previously announced normal course issuer bid (the NCIB) applicable to its outstanding subordinate voting shares (the Subordinate Voting Shares).

Key Points: 
  • TORONTO, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (Colliers) announced today that it has established an automatic share purchase plan (ASPP) in connection with its previously announced normal course issuer bid (the NCIB) applicable to its outstanding subordinate voting shares (the Subordinate Voting Shares).
  • The ASPP is intended to allow for the purchase of Subordinate Voting Shares under the NCIB at times when Colliers would ordinarily not be permitted to purchase its securities due to regulatory restrictions and customary self-imposed blackout periods.
  • All purchases made under the ASPP will be included in computing the number of Subordinate Voting Shares purchased under the NCIB.
  • Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company.

Cinchy Launches Data Liberation Solution for Credit Unions

Retrieved on: 
Wednesday, September 21, 2022

CUNA TECH CONFERENCE Cinchy , the dataware pioneer that reduces organizational complexity by liberating data, today launched a solution to help credit unions maximize limited resources, reduce operating and project costs, and optimize the member experience.

Key Points: 
  • CUNA TECH CONFERENCE Cinchy , the dataware pioneer that reduces organizational complexity by liberating data, today launched a solution to help credit unions maximize limited resources, reduce operating and project costs, and optimize the member experience.
  • Credit unions are constrained by their core banking systems and a growing collection of SaaS and on-premise applications that trap and silo their data.
  • The Credit Union Edition of the Cinchy Dataware Platform was specifically designed to enable credit unions to extend the life of existing core systems and avoid the pitfalls of rip and replace approaches.
  • Today were making this a reality for credit unions with the introduction of the Cinchy Dataware Platform Credit Union Edition.

Introhive partners with OpenFin to drive productivity for Financial Services Customers

Retrieved on: 
Friday, September 16, 2022

FREDERICTON, NB, Sept. 16, 2022 /PRNewswire/ -- Introhive , the fastest-growing AI-powered customer intelligence solution, today announced a partnership with OpenFin , the operating system (OS) for enterprise productivity, empowering joint financial services customers on their workspaces and driving productivity.

Key Points: 
  • FREDERICTON, NB, Sept. 16, 2022 /PRNewswire/ -- Introhive , the fastest-growing AI-powered customer intelligence solution, today announced a partnership with OpenFin , the operating system (OS) for enterprise productivity, empowering joint financial services customers on their workspaces and driving productivity.
  • With OpenFin, Introhive pushes intelligence, saving Sales teams time they would have spent pulling data themselves.
  • OpenFin's web-based OS has become the de facto standard in financial services for powering next-generation applications, digital experiences and employee productivity at enterprise level, for both staff and clients at enterprise scale.
  • With OpenFin, Introhive pushes intelligence, saving the sales team time they would have spent pulling relevant data themselves.