RXR

View, Inc. Reaches Agreement with Cantor Fitzgerald and RXR to Become a Private Company

Retrieved on: 
Tuesday, April 2, 2024
Letter, RXR, RXR Realty, Security (finance), P.C, Gibson Dunn, Sidley Austin, Transaction, Hearing, Cryptocurrency

MILPITAS, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building technologies, today announced it reached an agreement with Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”), RXR Realty (“RXR”), and certain of the Company’s stakeholders on the terms of a financial restructuring that is designed to strengthen the firm’s balance sheet and better position View for the future (the “Proposed Transaction”).

Key Points: 
  • View also expects that trade claims will be unaffected, orders will continue to be fulfilled, and customers will continue to be supported.
  • The Company expects to obtain court approval for the Proposed Transaction within 45 days of April 2, 2024.
  • To facilitate the Proposed Transaction, View, Cantor Fitzgerald, RXR, and certain other investors have executed a Restructuring Support Agreement, dated April 2, 2024 (the “Restructuring Support Agreement”).
  • Sidley Austin LLP serves as legal advisor to Cantor Fitzgerald.

KORMAN COMMUNITIES, RXR REVEAL LATEST RESIDENTIAL DEVELOPMENT IN PHOENIX MARKET

Retrieved on: 
Tuesday, February 20, 2024
EV, AVE, Stainless steel, Samsung, Footprint Center, AA, Wi-Fi, RXR, Television, Chase Field, Partnership, Hotel

Phoenix, AZ, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Korman Communities, in partnership with RXR, has officially revealed its newest project in the Phoenix market.

Key Points: 
  • Phoenix, AZ, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Korman Communities, in partnership with RXR, has officially revealed its newest project in the Phoenix market.
  • This brand new, Class AA residential high-rise soars over Downtown Phoenix with 17 floors of 254 residential units, 17,000 square feet of amenity space, and 4,350 square feet of retail space.
  • “We are thrilled to be opening AVE Sky as the newest Class AA property to enter the Downtown Phoenix market.
  • “As AVE Sky opens its doors in Downtown Phoenix, RXR’s partnership with Korman Communities proves to be a win-win-win for RXR, Korman, and the Greater Phoenix region,” said Joseph Graziose, Jr., Executive Vice President of Development Services at RXR.

VTS Announces Accelerate 2024, the Leading Innovation Conference for Commercial Real Estate Executives

Retrieved on: 
Tuesday, February 27, 2024
Technology, Other Construction & Property, Other Technology, Commercial Building & Real Estate, Software, Construction & Property, Building Systems, Dark, Data science, Real estate, Sigma, Dark Ages, Corporate title, Intelligence, CRE, Property management, CBRE, Tenant, Tishman Speyer, VTS, Greystar Real Estate Partners, Two Sigma, Organization, Ecosystem, Ideation, Tishman, RXR, Acceleration, Work, Boundary, Management

The premier conference will bring together more than 400 innovative executives and influential thought leaders to discuss the technologies, trends, and ideas that define modern real estate, as well as methods and tactics to best leverage intelligence to achieve success in today’s market.

Key Points: 
  • The premier conference will bring together more than 400 innovative executives and influential thought leaders to discuss the technologies, trends, and ideas that define modern real estate, as well as methods and tactics to best leverage intelligence to achieve success in today’s market.
  • Accelerate 2024 will be a one-day event, featuring content including keynote presentations from distinguished guest speakers and VTS executives, VTS user-education content, and networking events.
  • Attendees will leave Accelerate 2024 armed with actionable tactics to help their organizations best navigate current dynamics in the market and seize opportunities.
  • Accelerate also will provide the opportunity to interface with product pop-ups, live demos, and a technical genius bar.

TRESemmé Plans 17th Consecutive Year as the Official Hair Care Sponsor of New York Fashion Week, Including Collaborations with Becky G, The Blonds, and More

Retrieved on: 
Thursday, February 8, 2024
Collection, Personality, Blond, Weightless, Marketing, New York Fashion Week, NYFW, Individual, Life, Empowerment, Hairstyle, Food, Celebrity, RXR, Walking, LaQuan Smith, Starrett–Lehigh Building, Commerce, MSRP, Fashion design

ENGLEWOOD CLIFFS, N.J., Feb. 8, 2024 /PRNewswire/ -- For nearly two decades, TRESemmé has been delivering flawless hair looks to the runways of New York Fashion Week. Now in its 17th consecutive year as a preeminent sponsor, America's #1 hair care and styling brand — which includes America's #1 hairspray — will continue its legacy of equipping designers with professional stylists and salon-quality products. The Fall/Winter 2024 season will be one to remember, with new product launches from the Keratin Smooth Weightless Collection, dynamic collaborations with esteemed designers and multi-platinum singer Becky G, and even a hair-raising, on-the-runway moment that's guaranteed to leave people talking. 

Key Points: 
  • In celebration of the iconic collection's 10th anniversary, the brand has refreshed its beloved line for all hair types.
  • Four new weightless stylers will bring salon quality innovation to mass haircare products, including the Silky Shine Spray, a soon-to-be stylist sensation.
  • New products join the pros' longtime, not-so-secret secrets like the Silk Serum, Heat Protection Spray, and Shampoo and Conditioner.
  • The digital destination of NYFW is NYFW.com, the go-to for exclusive designer content, live streamed fashion shows, cultural programming, and commerce surrounding New York Fashion Week.

View Announces Q3 2023 Earnings

Retrieved on: 
Tuesday, November 14, 2023
Sale, Webcast, RXR, Climate change, Senior, Projection, View, Inc., Electronics, Administration, Research and development, ASC, Research, IGU, Calendar, Credit, ITC, Tax credit, Growth, Parity, Video game, Pharmaceutical industry, Fine chemical, Cryptocurrency, Bank

MILPITAS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building platforms and technologies, today announced financial results for Q3 2023.

Key Points: 
  • MILPITAS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building platforms and technologies, today announced financial results for Q3 2023.
  • The View team remains steadfast in our commitment to serving our customers, delivering world class products, and growing the business to profitability.”
    Q3 2023 revenue of $38 million represents a 61% year-over-year increase from Q3 2022.
  • Q3 2023 cost of revenues of $43 million represents a 13% year-over-year reduction from Q3 2022 and demonstrates continued leverage in the business model.
  • View will host a conference call to discuss its financial results at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time on Tuesday, November 14th, 2023.

RXR Selects View Smart Windows for 89 Dekalb Avenue in Brooklyn, NY, the Second RXR Multifamily Development to Feature View

Retrieved on: 
Tuesday, November 14, 2023
Sleep, RXR, Tumbler (glass), DeKalb Avenue, View, Inc., Eye, Headache, Magic, Mode, Long Island University, Health, Housing, Life

MILPITAS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View”), the leader in smart building technologies, announced that its Smart Windows will envelop 89 Dekalb Avenue, RXR’s 324-unit multifamily development in Brooklyn, New York. This marks View’s second multifamily project with RXR, following Hamilton Green, a 684,000 square feet mixed-use development that will include 477 residential units, in White Plains, New York.

Key Points: 
  • MILPITAS, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View”), the leader in smart building technologies, announced that its Smart Windows will envelop 89 Dekalb Avenue, RXR’s 324-unit multifamily development in Brooklyn, New York.
  • Having broken ground in November 2023, 89 Dekalb Avenue is setting a new standard for sustainable living as one of Brooklyn’s first all-electric residential buildings.
  • Enhancing the urban living experience, 89 Dekalb Avenue will also boast 15,000 square feet of cutting-edge amenity space.
  • “Multifamily residential is a major opportunity for View given the severe housing shortage nationwide,” said Dr. Rao Mulpuri, CEO of View.

Transformative Plan Unveiled to Save America's Flagship, The SS United States

Retrieved on: 
Thursday, November 2, 2023
MCR Hotels, Pier 57, Protected area, Flagship, Optimism, Perkins Eastman, Food, History, Coronavirus, Javits Center, TWA Flight Center, Gibbs & Cox, HLW, Engineering, WWII, City, John F. Kennedy International Airport, Transport, RXR, Economic development, Jet Age, MCR, Tourism, Hudson River, SS United States

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- The SS United States, America's Flagship, could return home to New York as a transformative economic development project unveiled today by the SS United States Conservancy, the owner of the famed vessel.

Key Points: 
  • Redevelopment Would Generate Thousands of Jobs, Acres of Open Green Space, and Significant Economic Benefits
    NEW YORK, Nov. 2, 2023 /PRNewswire/ -- The SS United States, America's Flagship, could return home to New York as a transformative economic development project unveiled today by the SS United States Conservancy , the owner of the famed vessel.
  • During her storied service career, the SS United States smashed the transatlantic speed record in 1952 using only two-thirds of her power, a record that has never been broken.
  • The release of a redevelopment plan comes at a time when the SS United States is in peril.
  • "The SS United States symbolizes the nation's ambition and innovation.

David Garten of Red Oak Street Joins Plentific Advisory Board

Retrieved on: 
Wednesday, November 1, 2023
Financial Times, Software as a service, Housing, Maintenance, Garten, Software, RXR, Property management, Service

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Plentific , the innovative, fully integrated, real-time property operations platform, announced that David Garten, CEO of Red Oak Street and a veteran of public-private partnerships, has joined Plentific's Strategic Advisory Board to help shape the company's solutions and efforts in the public and affordable housing space.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- Plentific , the innovative, fully integrated, real-time property operations platform, announced that David Garten, CEO of Red Oak Street and a veteran of public-private partnerships, has joined Plentific's Strategic Advisory Board to help shape the company's solutions and efforts in the public and affordable housing space.
  • Plentific is the leading real-time property operations solution in the U.K., covering more than half of all social housing units in London.
  • "Welcoming David to the Plentific family is a significant milestone for us," said Cem Savas, CEO of Plentific.
  • He recently spent more than six years as a senior leader at RXR before founding Red Oak Street, a multidisciplinary consulting firm, in 2023.

View Announces $50 Million Financing with Strategic Real Estate Investors

Retrieved on: 
Monday, October 16, 2023
Ageing, View, Inc., RXR, Weather, Environment, Face, Management, Newmark

MILPITAS, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”) today announced $50 million financing in the form of a senior secured credit facility from an investor consortium comprised of strategic real estate investors Cantor Fitzgerald, RXR, Anson and Affinius.

Key Points: 
  • MILPITAS, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”) today announced $50 million financing in the form of a senior secured credit facility from an investor consortium comprised of strategic real estate investors Cantor Fitzgerald, RXR, Anson and Affinius.
  • For well over a decade, the View team has been steadfast in our commitment to improve the environmental footprint of buildings through the development and deployment of View Smart Windows,” said Dr. Rao Mulpuri, CEO of View.
  • “The real estate industry needs View Smart Windows to build more sustainable buildings and to retrofit and reposition aging infrastructure.
  • “This financing helps strengthen View and drives the Company forward on its path to broader adoption within the real estate industry.”

Vornado Names Jason Kirschner Executive Vice President – Head of Capital Markets

Retrieved on: 
Tuesday, October 10, 2023
Senior, COVID-19, Wharton School of the University of Pennsylvania, NYSE, VNO, Columbia Business School, Real estate, RXR, Capital market, Vornado Realty Trust, University, Annual report, University of Pennsylvania, Vornado, Brookfield Properties, Management, Commercial property

NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced the appointment of Jason Kirschner, 47, as the Company’s Executive Vice President – Head of Capital Markets. Mr. Kirschner reports to Michael Franco, Vornado’s President and Chief Financial Officer.

Key Points: 
  • NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced the appointment of Jason Kirschner, 47, as the Company’s Executive Vice President – Head of Capital Markets.
  • Mr. Kirschner reports to Michael Franco, Vornado’s President and Chief Financial Officer.
  • Mr. Kirschner brings more than 20 years of experience in financing both existing buildings and new developments, particularly in Manhattan.
  • Prior to joining Vornado, Mr. Kirschner was Managing Director – Finance & Capital Markets at Hudson Realty Capital, an RXR affiliate, for two years and previously served at Brookfield Properties for over 10 years, most recently as Senior Vice President – Finance & Capital Markets.