Majestic

Safe and Green Development Corporation Acquires XENE Real Estate AI Software

Retrieved on: 
Thursday, February 8, 2024

MIAMI, Fla, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”), today announced that it has closed on the previously announced acquisition of Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”).

Key Points: 
  • MIAMI, Fla, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”), today announced that it has closed on the previously announced acquisition of Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”).
  • Under the terms of the agreement, Matthew Barstow, MWH CEO & President will become Senior Vice President of Innovation at SG Devco.
  • David Villarreal, President & CEO of Safe and Green Development Corporation, stated, “Majestic is an innovator in real estate technology with a unique asset base and people with deep industry knowledge.
  • The XENE Platform is designed to streamline property transactions and offer a cost-effective alternative to traditional buyers' agent models.

Safe and Green Development Corp Provides Xene AI Software Expansion Plans

Retrieved on: 
Tuesday, January 16, 2024

MIAMI, Fla, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) and Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”), are pleased to announce the roll out strategy for the Xene platform.

Key Points: 
  • MIAMI, Fla, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG Devco” or the “Company”) and Majestic World Holdings (“MWH”), a real estate technology firm and owner of the Xene AI Software platform (“XENE Platform”), are pleased to announce the roll out strategy for the Xene platform.
  • The XENE Platform, empowered by state-of-the-art AI technology, is expected to transform the real estate landscape.
  • David Villarreal, President & CEO of Safe and Green Development Corporation, stated, “We are extremely happy to announce the nationwide roll out the Xene platform in the coming weeks through a comprehensive sales and marketing program.
  • The XENE Platform is designed to streamline property transactions and offer a cost-effective alternative to traditional buyers' agent models.

San Antonio Holidays on Houston Street Brings Magic to Downtown

Retrieved on: 
Monday, November 27, 2023

SAN ANTONIO, Nov. 27, 2023 /PRNewswire/ -- San Antonio holidays will be even more memorable starting this year with the launch of what will become a time-honored tradition.

Key Points: 
  • SAN ANTONIO, Nov. 27, 2023 /PRNewswire/ -- San Antonio holidays will be even more memorable starting this year with the launch of what will become a time-honored tradition.
  • Set against the backdrop of one of the most historic and charming promenades, San Antonio Holidays on Houston Street runs through January 2.
  • The City of San Antonio, CENTRO San Antonio and Visit San Antonio have partnered to bring more holiday sparkle to five blocks of Houston Street (from Legacy Park to the Alamo).
  • The nostalgia of San Antonio holidays will unfold under the soft glow of Houston Street lampposts, recalling memories of Christmas' past, and inspiring the making of new holiday memories for all.

Majestic Princess Wins Good Housekeeping 2024 Family Travel Award, Reinforcing Princess Cruises' Dominance in Alaska

Retrieved on: 
Tuesday, November 21, 2023

FT. LAUDERDALE, Fla., Nov. 21, 2023 /PRNewswire/ -- Princess Cruises, the unrivaled leader in Alaskan adventures, has been selected as a Good Housekeeping 2024 Family Travel Awards winner for its Majestic Princess sailings to Alaska.

Key Points: 
  • Taking More Families to Alaska Than Any Other Line, Princess Delivers the Ultimate Family Summer Vacation
    FT. LAUDERDALE, Fla., Nov. 21, 2023 /PRNewswire/ -- Princess Cruises, the unrivaled leader in Alaskan adventures, has been selected as a Good Housekeeping 2024 Family Travel Awards winner for its Majestic Princess sailings to Alaska.
  • The prestigious designation reinforces the Princess Cruises' prominence in crafting magical family summer vacations in the captivating wilderness of Alaska.
  • Good Housekeeping Institute experts spent eight months reviewing hundreds of submissions to find the best travel options for all types of families.
  • The 3,560-guest Majestic Princess is one of seven family-friendly Princess ships sailing to Alaska in 2024.

Merx Truck & Trailer Acquires Majestic Truck, Further Expanding Its Footprint in the Des Moines Market

Retrieved on: 
Monday, August 14, 2023

Merx Truck & Trailer ("Merx"), a leading provider of truck and trailer repair and maintenance services, is pleased to announce its acquisition of Majestic Truck Services (“Majestic”), a well-established truck service company based in Altoona, IA.

Key Points: 
  • Merx Truck & Trailer ("Merx"), a leading provider of truck and trailer repair and maintenance services, is pleased to announce its acquisition of Majestic Truck Services (“Majestic”), a well-established truck service company based in Altoona, IA.
  • The strategic acquisition of Majestic aligns perfectly with Merx Truck & Trailer's growth strategy of expanding service offerings and geographic reach.
  • Christian Peneff, CEO of Merx Truck & Trailer, expressed enthusiasm about the acquisition, stating, "We're thrilled to announce the addition of Majestic Truck to the Merx family of companies.
  • About Merx Truck & Trailer:
    Merx Truck & Trailer is a multi-location truck service organization specializing in repair and maintenance services for trucks and trailers.

Embrace the Adventurous Side in South America & Antarctica with the 2024-2025 Princess Cruises Season, Now on Sale

Retrieved on: 
Tuesday, August 8, 2023

SANTA CLARITA, Calif., Aug. 8, 2023 /PRNewswire/ -- As a growing number of travelers mull the allure of Antarctica, Princess Cruises today unveiled four exciting voyages planned for the Seventh Continent for the 2024-2025 season.

Key Points: 
  • New this season is a 17-day Antarctica voyage sailing roundtrip from Buenos Aires, featuring an overnight in this vibrant homeport.
  • "No other large ship cruise line sails Antarctica like Princess," said John Padgett, Princess Cruises president.
  • There are numerous advantages to visiting Antarctica and South America with Princess.
  • Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company's website at princess.com.

Pacaso's 'Esperanza' in Los Cabos Makes History as Fastest-Selling Pacaso

Retrieved on: 
Thursday, July 27, 2023

SAN FRANCISCO, July 27, 2023 /PRNewswire/ -- Pacaso, the leading real estate marketplace that helps people buy and co-own a luxury second home, is excited to announce that Esperanza, its remarkable property in Los Cabos, has become the fastest-selling Pacaso home in the company's history. Prior to being officially listed on the marketplace, all eight ownership interests for Esperanza were sold during the presale phase. This milestone highlights the appeal of international real estate and co-ownership as a contemporary and sought-after approach to owning a luxury second home. Pacaso facilitates seamless American ownership in Mexico by handling the Mexican trust process and offers a unique solution to financing challenges.

Key Points: 
  • This milestone highlights the appeal of international real estate and co-ownership as a contemporary and sought-after approach to owning a luxury second home.
  • Pacaso facilitates seamless American ownership in Mexico by handling the Mexican trust process and offers a unique solution to financing challenges.
  • In direct response to buyer demand, a three bedroom , three-and-a-half-bathroom Cabo home will soon be available on the Pacaso marketplace.
  • This condo-style home, to be expertly designed by the Pacaso in-house design team, is located on the ground floor of Las Ventanas, a Rosewood Resort in Los Cabos.

Think your family is using you for your second home? They are. Pacaso unveils in 2023 Second Home Attitude Report

Retrieved on: 
Thursday, July 13, 2023

SAN FRANCISCO, July 13, 2023 /PRNewswire/ -- Pacaso, the leading technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, today released its 2023 Second Home Attitude Report, to better understand what's motivating second home buyers. Applied Research West (ARW), a trusted research firm, conducted a quantitative survey to identify trends among existing and aspiring second homeowners. The research targeted more than 400 high net worth respondents with a net worth of $250,000 or greater per year across the United States.

Key Points: 
  • Applied Research West (ARW), a trusted research firm, conducted a quantitative survey to identify trends among existing and aspiring second homeowners.
  • It was found that 57% of aspiring second homeowners believe that their family would spend more time with them if they owned or co-owned a second home.
  • The 2023 report yielded the same result with the majority (70%) of aspiring second homeowners preferring to be within driving distance of their second home.
  • In June 2023, Pacaso experienced a significant 59% increase in funded shares compared to May 2023.

White Oak ABL and White Oak Commercial Finance Provide $287.5 Million Credit Facility to Majestic Steel USA, Distributor and Provider of Flat-Rolled Steel Products

Retrieved on: 
Tuesday, July 11, 2023

White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) have closed a new $287.5 million 3-year Senior Secured Credit Facility with Majestic Steel USA Inc., a Midwest based distributor and value-added service provider of flat-rolled steel products with operations throughout the United States (“Majestic Steel” and “the Company”), acting as Sole Arranger and Bookrunner.

Key Points: 
  • White Oak ABL, LLC, White Oak Commercial Finance, LLC, and other affiliates of White Oak Global Advisors, LLC, (collectively, “White Oak”) have closed a new $287.5 million 3-year Senior Secured Credit Facility with Majestic Steel USA Inc., a Midwest based distributor and value-added service provider of flat-rolled steel products with operations throughout the United States (“Majestic Steel” and “the Company”), acting as Sole Arranger and Bookrunner.
  • The credit facility consists of a $212.5 million asset based revolving line of credit and term loan funded by White Oak Commercial Finance, White Oak ABL and Eclipse Business Capital and a $75 million term loan funded by Stonebriar Commercial Finance.
  • Majestic Steel is now well positioned to continue its growth plan and ramp up operations at our new facility in Blytheville,” said Todd Leebow, CEO of Majestic Steel.
  • “White Oak acted as a highly supportive and flexible counterparty, and we would welcome the opportunity to work with them in the future.”

New Star Princess and Sun Princess Headline 2025 Europe Cruises & Cruisetours Season as Princess Cruises Celebrates 40th Anniversary Sailing in the Mediterranean

Retrieved on: 
Monday, May 15, 2023

Sun Princess, plus Majestic Princess, Sky Princess, Regal Princess and Emerald Princess.

Key Points: 
  • Sun Princess, plus Majestic Princess, Sky Princess, Regal Princess and Emerald Princess.
  • Voyages aboard ships sailing out of Southampton UK (London) in 2025 - Sky Princess, Regal Princess and Emerald Princess - go on sale May 25, while sailings on Mediterranean-based ships - Star Princess (NEW), Sun Princess (NEW) and Majestic Princess go on sale June 1.
  • Princess first set sail in the Mediterranean in 1985, and to celebrate the 40th anniversary the new Star Princess joins sister-ship Sun Princess in the Mediterranean for her debut season of cruising.
  • British Isles: Emerald Princess and Regal Princess offer heritage and hillside castles on 10- to 14-day cruises from London (Southampton).