LEED

Apple Hospitality REIT Acquires the AC Hotel by Marriott Washington DC Convention Center

Retrieved on: 
Wednesday, March 27, 2024

Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center (the “Hotel”) for approximately $116.8 million, or $499,000 per key.

Key Points: 
  • Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of the 234-room AC Hotel by Marriott Washington DC Convention Center (the “Hotel”) for approximately $116.8 million, or $499,000 per key.
  • “We are pleased to expand our portfolio with the acquisition of the AC Hotel Washington DC Convention Center and are thrilled to establish a presence in downtown Washington, D.C., a market we have tracked and wanted to have a presence in for some time,” said Nelson Knight, President, Real Estate and Investments of Apple Hospitality.
  • As we look for and continue to underwrite acquisition opportunities, we are dedicated to pursuing transactions that meaningfully enhance our portfolio and maximize long-term value for our shareholders.”
    The AC Hotel Washington DC Convention Center opened in October 2020 and is located at 601 K Street NW, Washington, D.C.
  • Following the acquisition of the AC Hotel Washington DC Convention Center, the Apple Hospitality hotel portfolio includes 224 hotels with 29,886 guest rooms geographically diversified throughout 37 states and the District of Columbia.

Tricon Residential Releases 2023 Annual Sustainability Report

Retrieved on: 
Tuesday, March 26, 2024

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today.

Key Points: 
  • Tricon Residential Inc. (NYSE: TCN, TSX: TCN) ("Tricon" or the “Company”), an owner, operator and developer of single-family rental homes in the U.S. Sun Belt and multi-family rental apartments in Canada, released its annual sustainability report today.
  • The report is a comprehensive review of the Company’s progress toward its five strategic sustainability priorities: Our People, Our Residents, Our Impact, Our Governance and Our Innovation.
  • “I am incredibly proud to share our annual sustainability report, which highlights our commitment to responsible business practices and showcases how Tricon’s best-in-class resident experience is deeply intertwined with our sustainability program,” said Gary Berman, Chief Executive Officer and President of Tricon.
  • The full 2023 Sustainability report, a summary digest version, and our 2023 Sustainability performance scorecard are available on Tricon’s website at www.triconresidential.com/about/sustainability/ .

Continental Celebrates Expansion of Tire Headquarters Campus in South Carolina with Open House

Retrieved on: 
Thursday, March 21, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    “Another great moment for Continental and for the State of South Carolina,” said Jochen Etzel, CEO Continental Tire the Americas.
  • The U.S. is a strategic growth market for Continental and particularly for our Tire business.
  • Continental delivers top performance for more than 150 years and is one of the world’s largest tire manufacturers.
  • Continental's tire division employs more than 56,000 people worldwide and has 20 production and 16 development sites.

Global Sustainable Data Center Market Sees Notable Growth with Increased Focus on Renewable Energy and Efficient Cooling Solutions - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 20, 2024

The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Sustainable Data Center Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • These initiatives have been instrumental in propelling the Latin American market towards greener data center solutions and are anticipated to make significant strides by 2030 as facilities shift to rely solely on renewable energy sources.
  • The report's geographic analysis reveals that Western Europe and Nordic countries are leading in the adoption of renewable energy sources for data center operations.
  • The electrical and mechanical infrastructure segments are also spotlighted for their role in supporting market growth through the deployment of modern, eco-friendly solutions.

Imelda Barnhurst Becomes New Owner of Gienapp Architects

Retrieved on: 
Wednesday, March 13, 2024

Gienapp Architects , a premiere North Shore-based architecture firm, announced today that Vice President Imelda Barnhurst has become the firm’s new Owner and Principal, while Founder Dale Gienapp will remain involved with the firm.

Key Points: 
  • Gienapp Architects , a premiere North Shore-based architecture firm, announced today that Vice President Imelda Barnhurst has become the firm’s new Owner and Principal, while Founder Dale Gienapp will remain involved with the firm.
  • Imelda Barnhurst, AIA, LEED AP BD+C, MCPPO, NCARB, joined Gienapp Architects as an Architect and Project Manager in 2009 and was promoted to Vice President in 2022.
  • “I am honored to begin this new role as Owner and Principal of Gienapp Architects, one of the premiere architecture firms in the state,” said Imelda Barnhurst.
  • “I will work to grow Gienapp Architects’ presence and influence across Massachusetts and I look forward to continuing to expand upon the legacy that Dale Gienapp has built for nearly 25 years.”
    “I am excited for Gienapp Architects to enter a new era that is fueled by new skills, capabilities, and a fresh vision,” said Dale Gienapp, Founder of Gienapp Architects.

ADA Forsyth to Relocate to 100 Chestnut in Somerville in January 2025

Retrieved on: 
Wednesday, March 13, 2024

The ADA Forsyth Institute (AFI), a global leader in oral health research and innovation, announced today that it will relocate to Somerville, MA in January 2025.

Key Points: 
  • The ADA Forsyth Institute (AFI), a global leader in oral health research and innovation, announced today that it will relocate to Somerville, MA in January 2025.
  • In 2025, all research facilities for ADA Forsyth will be centrally housed in the new Somerville, MA location.
  • "We're thrilled to welcome ADA Forsyth Institute to 100 Chestnut in Somerville.
  • The City of Somerville and the Brickbottom district are very fortunate to have an organization of AFI’s caliber join the neighborhood.”

CONAM Strategic Investments Fund IV Announces The Purchase Of Skylar Grand

Retrieved on: 
Monday, March 11, 2024

CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group (CONAM) , is pleased to announce the purchase of Skylar Grand , a 170-unit Class A multi-family community with 5,698 SF of retail in Portland, Oregon.

Key Points: 
  • CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group (CONAM) , is pleased to announce the purchase of Skylar Grand , a 170-unit Class A multi-family community with 5,698 SF of retail in Portland, Oregon.
  • This property adds to CONAM’s portfolio within Portland and is the first deal in Fund IV.
  • We are pleased with the acquisition of Skylar Grand as the first deal in our Fund IV, it compliments our portfolio well as we own two assets within 1-mile of Skylar Grand,” says Robin Elihu, CONAM’s Western US Acquisitions Director.
  • Looking forward, CONAM continues to evaluate opportunities that align with our investment strategy in Fund IV.

Syska Hennessy Promotes Four to Associate Partner

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 3, 2024 /PRNewswire/ -- Syska Hennessy Group, the international engineering firm, has promoted four professionals to associate partner, ten to senior associate, and nine to associate. The group of 23 represents seven different offices across the U.S.

Key Points: 
  • NEW YORK, April 3, 2024 /PRNewswire/ -- Syska Hennessy Group , the international engineering firm, has promoted four professionals to associate partner, ten to senior associate, and nine to associate.
  • The new associate partners are:
    Beata Borowik (New York), a project accounting manager.
  • Kamrul Hasan, PE, LEED AP BD+C (New York), a senior electrical engineer who specializes in critical facilities and aviation.
  • Blake Lin, PE, LEED AP BD+C (New York), a lead electrical engineer who focuses on healthcare and critical facilities.

Mercury Insurance Offers New Coverages and Discounts in New Jersey

Retrieved on: 
Tuesday, April 2, 2024

LOS ANGELES, April 2, 2024 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) today announces three new coverages and four new discounts that are available for homeowners or renters in New Jersey. Mercury's new coverages provide additional insurance protections with an option for environmentally friendly replacement products. Discounts are available for homeowners already taking eco-friendly measures and will put hard-earned money back in the pockets of policyholders.

Key Points: 
  • "Mercury's new discounts are a big step in the right direction and a new approach to protecting our customers," said Andrew Morris, product manager of New Jersey at Mercury Insurance.
  • We support our policyholders in their efforts to be environmentally conscious by providing coverages and discounts that help sustain a greener lifestyle."
  • Paid in Full: Mercury is offering a discount of up to 10% in savings on premium for renters insurance policyholders.
  • Mercury offers insurance for Personal Auto, Mechanical Protection Condo, Homeowners, Home Cyber Protection, Home Systems Protection, Identity Management Services, Renters, and Service Line Protection in New Jersey.

BendPak Founder Don Henthorn Passes Away

Retrieved on: 
Friday, March 29, 2024

AGOURA HILLS, Calif., March 29, 2024 /PRNewswire/ -- Don Henthorn, owner and founder of BendPak Inc., peacefully passed away at home Thursday, March 28, at the age of 85. Under his leadership, BendPak has grown from a small machine shop to one of the world's leading manufacturers of car lifts and automotive service equipment.

Key Points: 
  • AGOURA HILLS, Calif., March 29, 2024 /PRNewswire/ -- Don Henthorn, owner and founder of BendPak Inc., peacefully passed away at home Thursday, March 28, at the age of 85.
  • Henthorn transitioned day-to-day management to the current leadership team in 2022 as part of an established succession plan.
  • His passion, wisdom, and guidance have left an indelible mark on all of us and the organization," said Jeff Kritzer, BendPak president and CEO.
  • Henthorn took his responsibility for the safety of millions of mechanics around the world very seriously and was committed to ensuring that BendPak produced superior products.