Palisade

SL Green Realty Corp. Reports First Quarter 2024 EPS of $0.20 Per Share; and FFO of $3.07 Per Share

Retrieved on: 
Wednesday, April 17, 2024

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net income attributable to common stockholders for the quarter ended March 31, 2024 of $13.1 million, or $0.20 per share, as compared to a net loss of $39.7 million, or $0.63 per share, for the same quarter in 2023.

Key Points: 
  • Signed 60 Manhattan office leases covering 633,660 square feet in the first quarter of 2024.
  • The acquisition is expected to close in the fourth quarter of 2024.
  • The sale is expected to close in the second quarter of 2024 and generate net proceeds of $20.0 million.
  • As of March 31, 2024, SL Green held interests in 57 buildings totaling 32.4 million square feet.

SL Green Completes $2.1 Billion of Debt Refinancings

Retrieved on: 
Wednesday, April 17, 2024

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has completed $2.1 billion of strategic debt modifications and extensions across its portfolio as part of its strategy to refinance, modify or extend at least $5.0 billion of existing debt.

Key Points: 
  • NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has completed $2.1 billion of strategic debt modifications and extensions across its portfolio as part of its strategy to refinance, modify or extend at least $5.0 billion of existing debt.
  • 280 Park Avenue Mortgage Loan: Together with its joint venture partner, the Company closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue.
  • The interest rate was maintained at 1.78% over Term SOFR, which the Company fixed at 5.91% for its share of the debt through the fully extended maturity date.
  • “We are working diligently to execute our very ambitious 2024 business plan, which includes strategic asset sales and the extension of our debt maturity profile.

Hyundai 2024 Santa Fe and Kona Named a Wards Best Interiors & UX by WardsAuto

Retrieved on: 
Thursday, April 25, 2024

FOUNTAIN VALLEY, Calif., April 25, 2024 /PRNewswire/ -- The 2024 Hyundai Santa Fe and 2024 Hyundai Kona have been selected to the 2024 Wards 10 Best Interiors & UX award winners by WardsAuto.

Key Points: 
  • FOUNTAIN VALLEY, Calif., April 25, 2024 /PRNewswire/ -- The 2024 Hyundai Santa Fe and 2024 Hyundai Kona have been selected to the 2024 Wards 10 Best Interiors & UX award winners by WardsAuto.
  • The 2024 Hyundai product awards are the second and third product recognitions by WardsAuto since its award inception in 2022.
  • Evaluations of nominated vehicles for the 2024 Wards 10 Best Interiors & UX competition took place in winter and early spring 2024, with judges experiencing the vehicles during their daily driving.
  • The 2024 Wards 10 Best Interiors & UX awards ceremony will be held on June 6, 2024, during the AutoTech: Detroit Conference, (June 4-6, 2024) at the Suburban Collection Showplace in Novi, MI.

Easterseals Arkansas Introduced Groundbreaking Roommate Housing Program for Independent Living

Retrieved on: 
Monday, March 11, 2024

LITTLE ROCK, Ariz., March 11, 2024 /PRNewswire/ -- Easterseals Arkansas celebrated a significant milestone with the state-of-the-art Roommate Housing Program on March 8, 2024, at the Palisades at Chenal Valley.

Key Points: 
  • LITTLE ROCK, Ariz., March 11, 2024 /PRNewswire/ -- Easterseals Arkansas celebrated a significant milestone with the state-of-the-art Roommate Housing Program on March 8, 2024, at the Palisades at Chenal Valley.
  • Developed by Easterseals Arkansas, a trailblazing nonprofit committed to empowering individuals with disabilities, the Roommate Housing Program employs a cutting-edge model that promotes greater independence through shared living arrangements.
  • Easterseals Arkansas CEO Ron Ekstrand shared, "We have been working on the Roommate Housing Program for the better part of four years.
  • "CareSource PASSE is proud to support technology needed for Easterseals Arkansas to launch the Roommate Housing program with a $150K donation," said David Donohue, president of CareSource PASSE.

Alterra Mountain Company to Acquire Arapahoe Basin in Colorado

Retrieved on: 
Monday, February 5, 2024

Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp. , expanding Alterra’s portfolio of unique, complementary destinations in the Rockies.

Key Points: 
  • Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp. , expanding Alterra’s portfolio of unique, complementary destinations in the Rockies.
  • From its unparalleled terrain to its commitment to sustainability, A-Basin has a team that has a passion and commitment for this unique place and its traditions, making it an ideal fit for the Alterra Mountain Company family,” said Jared Smith, President & CEO, Alterra Mountain Company.
  • Alterra Mountain Company mountain destinations are spread throughout seven states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Palisades Tahoe, Mammoth Mountain, June Mountain, Big Bear Mountain Resort and Snow Valley in California; Sugarbush and Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec; Blue Mountain in Ontario; Crystal Mountain in Washington; Schweitzer in Idaho; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.
  • In January 2018, Alterra Mountain Company introduced the Ikon Pass for winter 18/19, the premier ski and snowboard season pass.

Palisade Bio Reports Third Quarter 2023 Financial Results and Provides Business Outlook

Retrieved on: 
Friday, November 10, 2023

Carlsbad, CA, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade”, “Palisade Bio” or the “Company”), a biopharmaceutical company focused on developing novel therapeutics for serious chronic gastrointestinal (GI) diseases, today reported its financial results for the third quarter 2023 and provided a business outlook.

Key Points: 
  • Carlsbad, CA, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Palisade Bio, Inc. (Nasdaq: PALI) (“Palisade”, “Palisade Bio” or the “Company”), a biopharmaceutical company focused on developing novel therapeutics for serious chronic gastrointestinal (GI) diseases, today reported its financial results for the third quarter 2023 and provided a business outlook.
  • “The past quarter was marked by a transformative transaction for Palisade.
  • We believe that novel therapeutics which demonstrate safety and efficacy have the potential to gain significant market share.
  • Palisade has the only PDE4 inhibitor prodrug under development for the treatment of ulcerative colitis, our lead indication,” commented J.D.

Alterra Mountain Company Expands Mountain Division Leadership

Retrieved on: 
Thursday, November 16, 2023

Alterra Mountain Company has appointed Ron Cohen, President & COO of Mammoth Mountain and June Mountain, and Rob Perlman, President & COO of Steamboat, to the newly created roles of Executive Vice President (EVP), Regional Operations.

Key Points: 
  • Alterra Mountain Company has appointed Ron Cohen, President & COO of Mammoth Mountain and June Mountain, and Rob Perlman, President & COO of Steamboat, to the newly created roles of Executive Vice President (EVP), Regional Operations.
  • Most importantly, they will focus on identifying and mentoring leaders throughout the Mountain Division.
  • We’ve been fortunate to have them lead two of our premier destinations and this new structure will give the rest of the company an opportunity to learn from their experience,” said Mark Brownlie, Chief Operating Officer - Mountain Division, Alterra Mountain Company.
  • At Mammoth Mountain and June Mountain, Eric Clark, Chief Operating Officer, Resort Services, will take on the interim duties.

Hyundai's 2024 Elantra and Tucson Awarded TOP SAFETY PICK+ by the Insurance Institute for Highway Safety

Retrieved on: 
Friday, December 15, 2023

FOUNTAIN VALLEY, Calif., Dec. 15, 2023 /PRNewswire/ -- Hyundai's 2024 Elantra and Tucson have each received TOP SAFETY PICK+ (TSP+) awards from the Insurance Institute for Highway Safety (IIHS), the organization's top honor.

Key Points: 
  • FOUNTAIN VALLEY, Calif., Dec. 15, 2023 /PRNewswire/ -- Hyundai's 2024 Elantra and Tucson have each received TOP SAFETY PICK+ (TSP+) awards from the Insurance Institute for Highway Safety (IIHS), the organization's top honor.
  • This latest accomplishment reinforces Hyundai's commitment to meeting the non-profit organization's more-advanced driver and pedestrian safety requirements.
  • "This is great news for our recently refreshed Elantra sedan and Tucson compact SUV, two of our highest-volumes models," said Brian Latouf, global chief safety officer, Hyundai Motor Company.
  • "We made it a priority to improve our vehicles' safety engineering to meet the more-stringent TSP+ testing requirements recently instituted by IIHS.

Palisade Mourns the Unexpected Loss of Partner Kyle Kavanaugh

Retrieved on: 
Thursday, November 30, 2023

FORT LEE, N.J., Nov. 30, 2023 /PRNewswire/ -- With profound sorrow and a heavy heart, Palisade Capital Management, LP announces the sudden and unexpected passing of Palisade Partner Kyle M. Kavanaugh over the holiday weekend.

Key Points: 
  • FORT LEE, N.J., Nov. 30, 2023 /PRNewswire/ -- With profound sorrow and a heavy heart, Palisade Capital Management, LP announces the sudden and unexpected passing of Palisade Partner Kyle M. Kavanaugh over the holiday weekend.
  • Palisade Capital Management announces the sudden and unexpected passing of Partner Kyle M. Kavanaugh.
  • Kyle was an invaluable member of the firm for over 22 years and a quintessential Palisade investment professional.
  • As a result of his significant contributions, Kyle was named a Palisade Partner earlier in 2023 as part of the firm's first class of new equityholders since its founding in 1995.

Auguste Escoffier Global Solutions Expands Culinary and Hospitality Workforce Development Platform

Retrieved on: 
Monday, November 20, 2023

SCHAUMBURG, Ill., Nov. 20, 2023 /PRNewswire/ -- Auguste Escoffier Global Solutions, (Escoffier Global) a Triumph Higher Education Group LLC company, announces the expansion of its workforce development solutions to address culinary and hospitality industry gaps with innovative, customizable tools and strategies for hiring, training and retaining professional staff.

Key Points: 
  • Escoffier Global pools resources and expertise from sister organization, Auguste Escoffier School of Culinary Arts, the largest culinary school brand in the U.S. (based on comparable student population data currently reported in IPEDS) .
  • "The hiring struggle is real for the hard-hit culinary and hospitality industries looking to connect skilled talent with unfilled positions," said Denise Sullivan, vice president of Enterprise Solutions for Auguste Escoffier Global Solutions.
  • Auguste Escoffier Global Solutions (Escoffier Global) is an Auguste Escoffier School of Culinary Arts sister company and part of the Triumph Higher Education Group LLC.
  • Escoffier Global is a leading provider of hiring and training solutions for the culinary and hospitality industry.