Ranchers-Cattlemen Action Legal Fund v. Sonny Perdue

Acadia Realty Trust Reports Second Quarter Operating Results

Retrieved on: 
Tuesday, August 1, 2023

Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023.

Key Points: 
  • Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) today reported operating results for the quarter ended June 30, 2023.
  • For the quarter ended June 30, 2023, net earnings per share was $0.09.
  • This quarter marks the seventh of the last nine quarters with same-store NOI growth at 5% or higher with an average of 6.9% overall for the nine quarters.
  • We expect our leasing momentum and executed leases to more than offset the near-term asset repositionings that we have been rightly focused on for some time,” stated Kenneth F. Bernstein, President and CEO of Acadia Realty Trust.

H CYCLE, LLC ANNOUNCES CLOSING OF SERIES A FINANCING TO FUND EXPANSION

Retrieved on: 
Monday, April 24, 2023

CONCORD, Calif., April 24, 2023 /PRNewswire/ -- H Cycle , LLC, is pleased to announce the closing of Series A funding led by Azimuth Capital Management's new Azimuth V Energy Evolution Fund and ENEOS Innovation Partners LLC.

Key Points: 
  • CONCORD, Calif., April 24, 2023 /PRNewswire/ -- H Cycle , LLC, is pleased to announce the closing of Series A funding led by Azimuth Capital Management's new Azimuth V Energy Evolution Fund and ENEOS Innovation Partners LLC.
  • In developing its green hydrogen projects, H Cycle is not only serving overarching climate decarbonization goals, but also meeting growing regional calls for better waste management.
  • H Cycle is meeting demand for low-carbon fuels by re-purposing organic waste materials destined for landfills.
  • We look forward to working with H Cycle and its partners to pursue these market development opportunities."

Hastings Equity Partners Builds Leading Telecom Services Platform with Investment in WiseConnect

Retrieved on: 
Tuesday, March 21, 2023

BOSTON, March 21, 2023 /PRNewswire-PRWeb/ -- Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle market businesses, is pleased to announce its Fund V portfolio company, GridSource, Inc.'s ("GridSource") acquisition of WiseConnect, Inc. ("WiseConnect"). This is the first add-on investment GridSource has completed since Hastings acquired GridSource in December 2022. Founded over 20 years ago and headquartered in Overland Park, KS, WiseConnect is a leading, asset-light provider of mission-critical end-to-end solutions for the nation's largest telecommunications companies.

Key Points: 
  • Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle market businesses, is pleased to announce its Fund V portfolio company, GridSource, Inc.'s ("GridSource") acquisition of WiseConnect, Inc. ("WiseConnect").
  • BOSTON, March 21, 2023 /PRNewswire-PRWeb/ -- Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle market businesses, is pleased to announce its Fund V portfolio company, GridSource, Inc.'s ("GridSource") acquisition of WiseConnect, Inc. ("WiseConnect").
  • This is the first add-on investment GridSource has completed since Hastings acquired GridSource in December 2022.
  • Locke Lord provided legal counsel, KSM provided financial advisory services, Forvis provided tax services, and Equity Risk Solutions provided insurance services to Hastings on the acquisition.

Acadia Realty Trust Reports Fourth Quarter and Full Year 2022 Operating Results

Retrieved on: 
Tuesday, February 14, 2023

No Core Portfolio acquisitions were completed for the quarter ended December 31, 2022.

Key Points: 
  • No Core Portfolio acquisitions were completed for the quarter ended December 31, 2022.
  • For the full year 2022, the Company completed Core Portfolio acquisitions of $246.7 million.
  • In December 2022, the Company completed the disposition of 330-340 River Street at attractive pricing for $26.4 million.
  • Please refer to the Company's fourth quarter 2022 supplemental information package for additional details.

Hastings Equity Partners Invests in TERRA Staffing Group

Retrieved on: 
Tuesday, February 7, 2023

BOSTON, Feb. 7, 2023 /PRNewswire-PRWeb/ -- Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its third Fund V platform investment in TERRA Staffing Group ("TERRA").

Key Points: 
  • Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its third Fund V platform investment in TERRA Staffing Group ("TERRA").
  • BOSTON, Feb. 7, 2023 /PRNewswire-PRWeb/ -- Hastings Equity Partners ("Hastings"), a preferred capital partner to founders of lower middle-market businesses, is pleased to announce its third Fund V platform investment in TERRA Staffing Group ("TERRA").
  • Headquartered in Everett, Washington, TERRA is a leading provider of staffing services for industrial, administrative, and technical staffing across a wide range of industries such as industrial, consumer products, food and beverage, and logistics.
  • TERRA is currently managed by Greg Lambert (CEO) and Jenifer Lambert (CSO) and was founded over 40-years ago by Jenifer's mother.

THE MILESTONE GROUP ANNOUNCES ACQUISITION OF 870-UNIT MULTIFAMILY PORTFOLIO IN NORTHERN VIRGINIA

Retrieved on: 
Monday, December 5, 2022

FAIRFAX, Va., Dec. 5, 2022 /PRNewswire/ -- The Milestone Group (Milestone) has announced its acquisition of a three-property, value-add, multifamily portfolio totaling 870 units in Fairfax County, Virginia, executing an off-market acquisition through a loan assumption that saved significant prepayment costs. The purchase price was not disclosed.

Key Points: 
  • FAIRFAX, Va., Dec. 5, 2022 /PRNewswire/ -- The Milestone Group (Milestone) has announced its acquisition of a three-property, value-add, multifamily portfolio totaling 870 units in Fairfax County, Virginia, executing an off-market acquisition through a loan assumption that saved significant prepayment costs.
  • We look forward to executing our business plan and modernizing the assets to improve their position in the market."
  • Milestone acquired the portfolio in its discretionary value-add fund, Milestone Real Estate Investors V, LP (Fund V), bringing Fund V to nearly 6,000 multifamily units and Milestone to 10,000 multifamily units across the United States.
  • The Milestone Group is a leading, privately held real estate investment management firm with strong expertise and focus on value-add multifamily assets in major metropolitan markets of the United States.