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Texas Rent Relief Program Re-Opens Applications for Limited Time, March 14-28

Retrieved on:

Thursday, March 2, 2023

Eviction, Texas Department of Housing and Community Affairs, Communication, TDHCA, Housing, Lease, TRR

AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) announced it will re-open the Texas Rent Relief (TRR) application portal from March 14-28 in order to accept new applications for a remaining $96M in TRR funds. The TRR portal will accept new applications starting Tuesday, March 14 at 8 a.m. CT through Tuesday, March 28 at 11:59 p.m. CT, to help eligible households with rent and utility payments.

Key Points:

AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- The Texas Department of Housing and Community Affairs (TDHCA) announced it will re-open the Texas Rent Relief (TRR) application portal from March 14-28 in order to accept new applications for a remaining $96M in TRR funds.
We're thankful for the opportunity to re-open Texas Rent Relief for two weeks to help more Texas tenants and landlords.
"To date, Texas Rent Relief has served more than 316,000 households affected by the pandemic.
Since the program launched in February 2021, TRR has provided over $2 billion in emergency funds for rent and utility relief, served 250 Texas counties and prevented evictions for over 21,000 households.

BioCryst Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on:

Thursday, March 2, 2023

BioCryst Pharmaceuticals, Employment, PARK, RSU, RESEARCH, Pharmaceutical industry, Lease

The options and RSUs were granted as of February 28, 2023 as inducements material to each employee entering into employment with BioCryst.

Key Points:

The options and RSUs were granted as of February 28, 2023 as inducements material to each employee entering into employment with BioCryst.
The options and RSUs were granted in accordance with Nasdaq Listing Rule 5635(c)(4).
The options have an exercise price of $8.85 per share, which is equal to the closing price of BioCryst common stock on the grant date.
The options and RSUs are subject to the terms and conditions of BioCryst’s Inducement Equity Incentive Plan and a stock option agreement or restricted stock unit agreement, as applicable, covering the grant.

PS Business Parks, Inc. Commences Tender Offers to Purchase for Cash Any and All of its Outstanding Preferred Securities Described Below and Declares Quarterly Dividend to be Paid in the First Quarter of 2023

Retrieved on:

Wednesday, March 1, 2023

REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Expiration date, Person, DTC, Expiration, Security (finance), Prior, Communication, Offers, Lease

The Prior Offers expired on December 20, 2022 and the Company purchased all Securities tendered in the Prior Offers on December 23, 2022.

Key Points:

The Prior Offers expired on December 20, 2022 and the Company purchased all Securities tendered in the Prior Offers on December 23, 2022.
You should be aware that the trading price for each series of Securities may reflect accrued but unpaid dividends.
The Company will pay the purchase price for the Securities it purchases promptly after the Expiration Date and the acceptance of the Securities for purchase.
Holders of Securities should read carefully the Offer Materials because they contain important information, including the various terms of, and conditions to, the Offers.

Colonnade BridgePort Acquires 1900-2000 City Park Place

Retrieved on:

Wednesday, March 1, 2023

City, HWY, Nature, Growth, Partnership, Acquisition, Housing, City Park, Blair Road, Tourism, Self storage, Lease

OTTAWA, March 01, 2023 (GLOBE NEWSWIRE) -- Colonnade BridgePort, a leading full service real estate investment and management company, has acquired 1900 - 2000 City Park Place in Ottawa’s east end.

Key Points:

OTTAWA, March 01, 2023 (GLOBE NEWSWIRE) -- Colonnade BridgePort, a leading full service real estate investment and management company, has acquired 1900 - 2000 City Park Place in Ottawa’s east end.
Class A office tower – which Colonnade BridgePort will lease and manage – as well as an adjacent four-acre parcel of land.
The City Park Place office tower adds to Colonnade BridgePort’s 9,200,000 million sq.ft.
1900 City Park Place currently has five vacant spaces for lease.

Nuwellis, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on:

Wednesday, March 1, 2023

Acceleration, Employment, Financial adviser, Lease, Life insurance

MINNEAPOLIS, March 01, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), today announced that, effective February 23, 2023, the Company’s independent directors approved equity awards under Nuwellis’ 2021 Inducement Plan, as material inducements to six individuals entering into employment with the Company.

Key Points:

MINNEAPOLIS, March 01, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), today announced that, effective February 23, 2023, the Company’s independent directors approved equity awards under Nuwellis’ 2021 Inducement Plan, as material inducements to six individuals entering into employment with the Company.
The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan.
In connection with entering into employment with Nuwellis, Inc., the individuals, who were not previously employees or directors of Nuwellis, received options to purchase an aggregate of 2,514 shares of the Company’s common stock.
The option awards have an exercise price of $8.27 per share, the closing price of Nuwellis’ common stock on February 23, 2023, the date of the grants.

Grounded Lithium Announces Strategic Land Acquisition in Core Area

Retrieved on:

Wednesday, March 1, 2023

Lithium, EMP, The Company, GLC, LCE, Crown, CSE, ROK, Acquisition, Growth, GRD, Asset, Map, Indian stock exchange, Sale, AB, Kindersley, KLP, Metal, Lease, Bank, Share (finance)

Following the Closing, the Company's 300 section land position and development plan for the KLP is depicted in the following map.

Key Points:

Following the Closing, the Company's 300 section land position and development plan for the KLP is depicted in the following map.
The acquisition adds 12% to the Company's prospective land base within the KLP, while adding 11% to the Company's overall land position.
Further, the acquisition of the Assets is competitive compared to recent Crown land sales in the nearby area where successful bids have exceeded $100/hectare.
The Company's total land acquisition price in the greater Kindersley area is approximately $16/hectare, as compared to the next most significant peer accumulating land at an average cost of approximately $41/hectare.

Whitestone REIT Reports Fourth Quarter and Full Year 2022 Results

Retrieved on:

Tuesday, February 28, 2023

GLA, Whitestone, Conference call, Insurance, Maintenance, San Francisco LGBT Community Center, GAAP, MSA, Tax, Conference, Tenant, OP, Security (finance), Lease, Internet service provider

(2) Excludes straight-line rent, amortization of above/below market rates and lease termination fees for both periods.

Key Points:

(2) Excludes straight-line rent, amortization of above/below market rates and lease termination fees for both periods.
(4) Includes $2.2 million of reduced expenses from stock forfeitures related to the termination of former executives.
As of December 31, 2022, Whitestone wholly owned 57 Community-Centered Properties™ with 5.1 million square feet of gross leasable area (“GLA“).
A replay of the call will be available on Whitestone’s website via the webcast link until the Company’s next earnings release.

FTC and CFPB Seek Public Comment on How Background Screening May Shut Renters out of Housing

Retrieved on:

Tuesday, February 28, 2023

Renters are facing a range of challenges, from rising rents to a shortage of affordable rental housing.

Key Points:

Renters are facing a range of challenges, from rising rents to a shortage of affordable rental housing.
The FTC and CFPB are seeking information on background screening practices and their potential effect on people’s ability to obtain rental housing as part of a whole-of-government effort to address these issues.
“No one should be shut out of housing because of inaccurate or unfair background screening practices,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
The Fair Credit Reporting Act, which the FTC and CFPB both enforce, also imposes requirements on many aspects of the tenant screening process.

FTC and CFPB Seek Public Comment on How Background Screening May Shut Renters out of Housing

Retrieved on:

Tuesday, February 28, 2023

Renters are facing a range of challenges, from rising rents to a shortage of affordable rental housing.

Key Points:

Renters are facing a range of challenges, from rising rents to a shortage of affordable rental housing.
The FTC and CFPB are seeking information on background screening practices and their potential effect on people’s ability to obtain rental housing as part of a whole-of-government effort to address these issues.
“No one should be shut out of housing because of inaccurate or unfair background screening practices,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
The Fair Credit Reporting Act, which the FTC and CFPB both enforce, also imposes requirements on many aspects of the tenant screening process.