Property management

DGAP-News: zooplus announces voluntary public takeover offer by EQT at EUR 470 per share

Saturday, September 25, 2021 - 1:24am

Munich, September 25, 2021. zooplus, the leading European online pet platform, welcomes the voluntary public takeover offer by EQT, a global investment organization, at an offer price of EUR 470 per zooplus share in cash.

Key Points: 
  • Munich, September 25, 2021. zooplus, the leading European online pet platform, welcomes the voluntary public takeover offer by EQT, a global investment organization, at an offer price of EUR 470 per zooplus share in cash.
  • This represents an EUR 10 increase compared to the voluntary public takeover offer published by Hellman & Friedman ("H&F") on September 14, 2021, and a 69 percent premium to the unaffected share price of zooplus as of August 12, 2021, the day before H&F announced such voluntary public takeover offer for the company.
  • EQT's offer of EUR 470 per zooplus share in cash implies a diluted equity valuation of approximately EUR 3.6 billion.
  • In case of a successful closing of the offer, EQT intends to delist zooplus sometime following the closing.

FCPT Announces Acquisition of a Three Property Portfolio from Washington Prime Group for $5.1 Million

Friday, September 24, 2021 - 10:39pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Company), is pleased to announce the acquisition of a Buffalo Wild Wings property, a Wells Fargo property, and a Texas Roadhouse property for $5.1 million from Washington Prime Group.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (FCPT or the Company), is pleased to announce the acquisition of a Buffalo Wild Wings property, a Wells Fargo property, and a Texas Roadhouse property for $5.1 million from Washington Prime Group.
  • The transaction was priced at a cap rate in range with previous FCPT transactions.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties.
  • The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Advance United Holdings (AUHI) Initiatives Compilation Report on Doyle Property

Friday, September 24, 2021 - 10:12pm

Toronto, Ontario--(Newsfile Corp. - September 24, 2021) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company" or "Advance United") is pleased to announce the Company has engaged Orix Geoscience to complete a Compilation Report of all assets on the Company's Doyle Property.

Key Points: 
  • Advance United acquires Doyle Property historic files and technical assets from TriOrigin Exploration, including detailed drill logs for 37 drillholes, geophysical surveys, geological mapping, and sampling.
  • Toronto, Ontario--(Newsfile Corp. - September 24, 2021) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company" or "Advance United") is pleased to announce the Company has engaged Orix Geoscience to complete a Compilation Report of all assets on the Company's Doyle Property.
  • The most significant and recent exploration on the Doyle Property was carried out by Tri-Origin Exploration which included drilling programs from 1990 to 1995.
  • Further details of the Doyle Property may be available in the Technical Report on Sedar and the Company's website is the coming weeks.

Disaster Equity Assistance Act Introduced in House

Friday, September 24, 2021 - 9:42pm

Falls Church, VA, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Today, Community Associations Institute (CAI) applauds Representative David Rouzer (R-NC) for co-sponsoring the Disaster Assistance Equity Act ( H.R.

Key Points: 
  • Falls Church, VA, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Today, Community Associations Institute (CAI) applauds Representative David Rouzer (R-NC) for co-sponsoring the Disaster Assistance Equity Act ( H.R.
  • Currently, Federal Emergency Management Agency (FEMA) inconsistently interprets regulations in a way that prohibits community associations, commonly referred to as condominiums, homeowners associations, and housing cooperatives from qualifying for federal disaster response and recovery programs.
  • The Disaster Assistance Equity Act will allow FEMA's Public Assistance Program to reimburse costs related to disaster debris removal from community association roads and waterways and allow FEMA's Individuals and Households Assistance Program to provide assistance to condominium unit homeowners for critical common element repairs after a natural disaster.
  • The bipartisan support is indicative of how this issue impacts so many Americans that have dealt with a natural disaster.

AvalonBay Communities, Inc. Declares Third Quarter 2021 Dividends

Friday, September 24, 2021 - 9:15pm

AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Companys Common Stock (par value $0.01 per share) for the third quarter of 2021.

Key Points: 
  • AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Companys Common Stock (par value $0.01 per share) for the third quarter of 2021.
  • The Common Stock dividend is $1.59 per share and is payable October 15, 2021 to all Common Stockholders of Record as of October 4, 2021.
  • As of June 30, 2021, the Company owned or held a direct or indirect ownership interest in 288 apartment communities containing 85,749 apartment homes in 11 states and the District of Columbia, of which 16 communities were under development and two communities were under redevelopment.
  • More information may be found on the Companys website at http://www.avalonbay.com .

AM Best Withdraws Credit Ratings of Crusader Insurance Company and Unico American Corporation

Friday, September 24, 2021 - 8:42pm

AM Best also has downgraded the Long-Term ICR to ccc- (Weak) from b (Marginal) of Crusaders parent company, Unico American Corporation (Unico).

Key Points: 
  • AM Best also has downgraded the Long-Term ICR to ccc- (Weak) from b (Marginal) of Crusaders parent company, Unico American Corporation (Unico).
  • In addition, AM Best has maintained the under review with negative implications status for these Credit Ratings (ratings).
  • Concurrently, AM Best has withdrawn these ratings at the request of the company to no longer participate in AM Bests interactive rating process.
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Comments on Credit Ratings of Athora Holding Ltd.’s Subsidiaries Following its Announced Acquisition of Amissima Vita S.p.A.

Friday, September 24, 2021 - 7:06pm

AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Athora Holding Ltd.s (Athora) subsidiaries, Athora Life Re Ltd. (Bermuda) and Athora Ireland plc (Ireland), remain unchanged following Athoras recent announcement that it has agreed to acquire Italian life insurer Amissima Vita S.p.A (Amissima).

Key Points: 
  • AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of a- (Excellent) of Athora Holding Ltd.s (Athora) subsidiaries, Athora Life Re Ltd. (Bermuda) and Athora Ireland plc (Ireland), remain unchanged following Athoras recent announcement that it has agreed to acquire Italian life insurer Amissima Vita S.p.A (Amissima).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Sklar Kirsh Expands its Litigation Practice with Loren N. Cohen and Rachael Hiatt

Friday, September 24, 2021 - 7:43pm

LOS ANGELES, Sept. 24, 2021 /PRNewswire/ --Top boutique law firm Sklar Kirsh LLP announced today that Loren N. Cohen and Rachael Warner Hiatt have joined the firm's Litigation Practice Group .

Key Points: 
  • LOS ANGELES, Sept. 24, 2021 /PRNewswire/ --Top boutique law firm Sklar Kirsh LLP announced today that Loren N. Cohen and Rachael Warner Hiatt have joined the firm's Litigation Practice Group .
  • "Loren and Rachael have broad experience in complex business and real estate litigation matters and will be tremendous additions to our already formidable litigation team," said Justin M. Goldstein , who chairs the firm's Litigation Department.
  • He represents premier real estate brokers, developers, high-net-worth families with legacy commercial and residential income property holdings, business owners, and large corporations in all litigation matters.
  • Hiatt has considerable experience in complex commercial litigation, including disputes involving breach of contract, intellectual property, fraud, bankruptcy, collections, and employment issues.

Haute Residence and Elliot Bogod Continue Their Real Estate Partnership Into Second Year

Friday, September 24, 2021 - 6:00pm

NEW YORK, Sept. 24, 2021 /PRNewswire-PRWeb/ -- Elliot Bogod is a real estate author, educator and blogger, and Founder and Managing Director of Broadway Realty, a major New York real estate brokerage.

Key Points: 
  • NEW YORK, Sept. 24, 2021 /PRNewswire-PRWeb/ -- Elliot Bogod is a real estate author, educator and blogger, and Founder and Managing Director of Broadway Realty, a major New York real estate brokerage.
  • A notable thought leader in the real estate industry, Elliot contributes articles to Forbes, NY Real Estate Magazine, and Real Estate Weekly, and is regularly quoted by Brick Underground, Commercial Observer, Apartment Therapy and other prominent publications.
  • Elliot's professional pedigree is certified by New York Real Estate Institute, Real Estate Division at the Academy of Continuing Education and the Gold Coast Real Estate School.
  • Visit Elliot Bogod's Haute Residence Profile:
    Designed as a partnership-driven luxury real estate portal, Haute Residence connects its affluent readers with top real estate professionals, while offering the latest in real estate news, showcasing the world's most extraordinary residences on the market and sharing expert advice from its knowledgeable and experienced real estate partners.

Ethema Granted Full Licenses, and Updates Progress

Friday, September 24, 2021 - 5:33pm

Aria has been operating with probationary licenses since Ethema closed on the acquisition of ARIA on July 1, 2021.

Key Points: 
  • Aria has been operating with probationary licenses since Ethema closed on the acquisition of ARIA on July 1, 2021.
  • Ethema Health Corporation (OTCPINK: GRST) operates in the behavioral healthcare space specifically in the treatment of substance use disorders.
  • Ethema developed a unique style of treatment over the last decade and has had much success with in-patient treatment for adults.
  • Ethema will continue to develop world class programs and techniques for North America.For more information you can visit our website at www.ethemahealth.com .