Peachtree Street

ICBA Opens Center for Innovation in Atlanta

Retrieved on: 
Thursday, February 15, 2024
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The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.

Key Points: 
  • The Independent Community Bankers of America® ( ICBA ) announced the opening of the new ICBA Center for Innovation in Atlanta, establishing a permanent home for its world-class community bank innovation initiatives.
  • “The ICBA Center for Innovation embodies our commitment to upholding our mission of creating and promoting an environment where community banks flourish,” ICBA President and CEO Rebeca Romero Rainey said.
  • “This space puts ICBA in the center of Atlanta’s financial services community, with our local partners within walking distance of our office.
  • For more information about ICBA ThinkTECH Innovation programming and upcoming opportunities at the ICBA Center for Innovation, visit icba.org/accelerator.

VAYK Announces Structured Acquisition of $5 Million Registered Landmark Property with 24 Month Plan to Acquire $20 Million in Short-Term Rental Properties

Retrieved on: 
Thursday, February 15, 2024
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The property currently has a value of approximately $2.5 million to $3 million.

Key Points: 
  • The property currently has a value of approximately $2.5 million to $3 million.
  • Vaycaychella management projects that the short-term rental operation may generate revenue from $500,000 to $700,000 annually.
  • Vaycaychella recently announced an updated business strategy concentrating the company's recourses on the $64 billion domestic, short-term rental market .
  • Under the terms of the agreement, Vaycaychella will renovate the property and implement a revenue generating short-term rental operation.

HCI Group Takes Strategic Steps to Better Position Company for Future Opportunities

Retrieved on: 
Monday, January 22, 2024
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TypTap has also redeemed all of the TypTap Series A Preferred Stock held by Centerbridge -- more than one year before Centerbridge’s optional February 26, 2025 redemption date. The redemption totaled approximately $100 million plus accrued and unpaid dividends of approximately $2.9 million. The redemption results in the elimination of any future dividends that would have otherwise accrued on the preferred shares, including dividends at the increased dividend rate of 9.5% that would have commenced in February 2024. The redemption is being funded with cash on hand, as well as approximately $50 million from HCI’s existing credit facility with Fifth Third Bank.

Key Points: 
  • TAMPA, Fla., Jan. 22, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, along with its majority owned subsidiary, TypTap Insurance Group, Inc., announced today the undertaking of several strategic steps designed to increase operational and capital flexibility and to better position the company for future growth opportunities.
  • “We are taking steps to simplify our balance sheet and give us maximum flexibility to pursue attractive opportunities in the future,” said Paresh Patel, HCI’s chairman and chief executive officer.
  • HCI will recognize a one-time non-cash deemed dividend related to the warrant extension in the first quarter of 2024.
  • If you have any difficulty connecting with the conference call, please contact Gateway Group at 949-574-3860.

SKINCEUTICALS ANNOUNCES OPENING OF SKINCEUTICALS SKINLAB™ ATLANTA IN PARTNERSHIP WITH DR. MICHAEL KELLY

Retrieved on: 
Wednesday, December 13, 2023
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NEW YORK, Dec. 13, 2023 /PRNewswire/ -- SkinCeuticals, the #1 medical aesthetic skincare brand worldwide1, announces the opening of SkinCeuticals SkinLab™ Atlanta in partnership with Dr. Michael Kelly. SkinCeuticals is proud to provide Atlanta, Georgia residents a comprehensive skincare destination offering a luxury medspa experience with ease, convenience and accessibility.

Key Points: 
  • SkinCeuticals and Board-Certified Plastic Surgeon Dr. Michael Kelly Provide State-of-the-Art Skincare to Consumers in Midtown Atlanta
    NEW YORK, Dec. 13, 2023 /PRNewswire/ -- SkinCeuticals, the #1 medical aesthetic skincare brand worldwide1, announces the opening of SkinCeuticals SkinLab™ Atlanta in partnership with Dr. Michael Kelly.
  • SkinCeuticals is proud to provide Atlanta, Georgia residents a comprehensive skincare destination offering a luxury medspa experience with ease, convenience and accessibility.
  • Of the partnership, Dr. Kelly says, "We are thrilled to bring the Midtown Atlanta area the best integrated skincare destination that provides a whole new level of convenience to our on-the-go consumer."
  • In partnership with esteemed physicians, SkinCeuticals curated five science-backed signature treatments that deliver professional-grade results with minimal effort and downtime.

Greystar Expands Rental Housing Options in Atlanta with Four Apartment Communities Nearing Completion

Retrieved on: 
Wednesday, October 11, 2023
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"We have quite a bit of activity in Metro Atlanta with four brand new projects in the final stages of development ready to open this year.

Key Points: 
  • "We have quite a bit of activity in Metro Atlanta with four brand new projects in the final stages of development ready to open this year.
  • We are excited to continue developing new housing options that meet the growing demand well into the future".
  • Greystar is proud to introduce the following communities:
    Elan Sweetwater Creek opened in May 2023, showcasing 360 modern new residences in a garden-style community.
  • Elan Brookwood , opened in July 2023, debuting brand new, modern one-three bedroom apartment and townhome residences in Cobb County, GA.

Vital Energy Prices Upsized Offering of $900 Million of Senior Notes

Retrieved on: 
Monday, September 18, 2023
Borrowing (Control and Guarantees) Act 1946, 1271 Avenue of the Americas, Telephone, BofA Securities, Mizuho Securities, Sale, 3rd Floor, Truist, Prospectus, Wells Fargo, Security (finance), OK, Mizuho, NYSE, Peachtree Street

TULSA, OK, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today the pricing of $400 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 at 101% of par and $500 million in aggregate principal amount of 9.750% senior unsecured notes due 2030 at 98.742% of par in an upsized registered underwritten offering for a total of $900 million.

Key Points: 
  • TULSA, OK, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today the pricing of $400 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 at 101% of par and $500 million in aggregate principal amount of 9.750% senior unsecured notes due 2030 at 98.742% of par in an upsized registered underwritten offering for a total of $900 million.
  • The offering is expected to close on September 25, 2023, subject to customary closing conditions.
  • The notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by the Company’s existing restricted subsidiary and all of its future restricted subsidiaries, with certain exceptions.
  • Wells Fargo Securities, BofA Securities, Mizuho and Truist Securities are acting as active joint book-running managers for the offering of the notes.

Vital Energy Announces Offering Of Senior Notes

Retrieved on: 
Wednesday, September 13, 2023
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TULSA, OK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today that it intends, subject to market conditions, to publicly offer $300 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 and $500 million in aggregate principal amount of senior unsecured notes due 2030 in a registered underwritten offering for a total of $800 million.

Key Points: 
  • TULSA, OK, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), announced today that it intends, subject to market conditions, to publicly offer $300 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 and $500 million in aggregate principal amount of senior unsecured notes due 2030 in a registered underwritten offering for a total of $800 million.
  • The Company intends to use a portion of the net proceeds from this offering of the notes and a concurrent offering of common stock to fund the satisfaction and discharge of the indenture governing its 9.500% senior unsecured notes due 2025, to repay a portion of the borrowings outstanding under its senior secured credit facility and use any excess for general corporate purposes.
  • Wells Fargo Securities, BofA Securities, Mizuho and Truist Securities are acting as active joint book-running managers for the offering of the notes.
  • This offering of notes is being made pursuant to an effective automatic shelf registration statement, including a prospectus and a preliminary prospectus supplement related to the offering, previously filed by the Company with the Securities and Exchange Commission (“SEC”).

Venture Atlanta 2023 Unveils List of Featured Tech Companies

Retrieved on: 
Wednesday, August 30, 2023
Crypto, Bitcoin, Digital media, IGNITE, Dwight (The Walking Dead), Woodruff Arts Center, Stax, Woman, Atlanta Symphony Hall, Flock Safety, Real estate, Bank of America, Digital health, Kabbage, Shark Tank, Love, Hall, Invesco, Consumer, UK National Screening Committee, Growth, Bank, Shark, Manning, Terminus, Environment, Peachtree Street, J. P. Morgan, Naming, Video game, Nightclub, Cryptocurrency, Amusement park, Computer security, Health system, Fintech, Agtech, Woodruff

ATLANTA, Aug. 30, 2023 /PRNewswire/ -- Venture Atlanta, one of the nation's most prestigious venture capital conferences, today announced the innovative companies to be featured at its 16th annual event taking place September 27-28 at The Woodruff Arts Center and Atlanta Symphony Hall. To view the list of 83 companies, go here.

Key Points: 
  • "Venture Atlanta 2023 continues to bring attendees all the events they love, including informative panels, big-name keynotes, and networking opportunities—only this year, we're also adding high-stakes pitch competitions for early-stage, growth, and pre-seed/seed-stage companies," said Venture Atlanta CEO Allyson Eman.
  • Also this year, a significant portion—more than 60 percent—of companies that applied are based outside of Georgia, reflecting the growing awareness and pull of Venture Atlanta.
  • Selected companies for this year's Venture Atlanta represent the following states: Alabama, Florida, Georgia, Kentucky, Louisiana, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
  • "For 16 years, Venture Atlanta has been selecting the most promising tech companies and drawing in top investment firms from across the nation," said Emery Waddell, Principal, Vocap Investment Partners and Venture Atlanta Board Member.

Scotland Wright Associates Welcomes Industry Veteran Doug Eidson and Expands Atlanta Headquarters

Retrieved on: 
Thursday, July 20, 2023
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ATLANTA, July 20, 2023 /PRNewswire/ -- Doug Eidson, a tenured office tenant representation veteran in Atlanta, has joined Scotland Wright Associates (SWA) as Senior Managing Director.

Key Points: 
  • ATLANTA, July 20, 2023 /PRNewswire/ -- Doug Eidson, a tenured office tenant representation veteran in Atlanta, has joined Scotland Wright Associates (SWA) as Senior Managing Director.
  • "We are excited to welcome Doug Eidson to our team," said Michael Tucker, CEO of Scotland Wright Associates.
  • Eidson has received the Atlanta Commercial Board of Realtors' Silver Phoenix Award, recognizing 25 consecutive years in the Million Dollar Club.
  • The addition of Doug Eidson will bring SWA's recent additions to six brokers across their office and industrial platform since 2022.

Delta Community Credit Union Opens New Buckhead-Midtown Branch

Retrieved on: 
Thursday, June 15, 2023
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ATLANTA, June 15, 2023 /PRNewswire/ -- Delta Community Credit Union, Georgia's largest credit union with more than $9 billion in assets, announced the relocation and opening of its new Buckhead-Midtown branch today at 1745 Peachtree Street NE, Suite B. Located in a shopping center along the busy and iconic Peachtree Street business corridor, the location is positioned to expand services in both communities.

Key Points: 
  • Credit Union Relocates Midtown Branch, Expands Services in Buckhead
    ATLANTA, June 15, 2023 /PRNewswire/ -- Delta Community Credit Union, Georgia's largest credit union with more than $9 billion in assets, announced the relocation and opening of its new Buckhead-Midtown branch today at 1745 Peachtree Street NE, Suite B.
  • Located in a shopping center along the busy and iconic Peachtree Street business corridor, the location is positioned to expand services in both communities.
  • Delta Community closed its previous branch at 80 Peachtree Place NE to make way for a new high-rise development with commercial and retail space.
  • "Our new branch will provide our Midtown and Buckhead members with greater convenience and easier access to our personalized customer care," Delta Community's CEO Hank Halter said.