AEI

National Year-over-Year (YoY) HPA in February was 5.9% and is projected to remain at +5-6% in March and April 2024

Retrieved on: 
Friday, March 22, 2024

HPA is projected to remain at +5-6% in March and April 2024.

Key Points: 
  • HPA is projected to remain at +5-6% in March and April 2024.
  • In February 2024, YoY HPA ranged from 8.9% in the Northeast to 4.5% in the South (see #2 in graphic).
  • The decline in YoY HPA in the South was largely driven by the Florida metros.
  • This trend continued in February, with the YoY HPA up 7.2% and 4.5% for the low price tier and high price tier, respectively.

Allied Gaming & Entertainment Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 27, 2024

Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the fourth quarter and full year ended December 31, 2023.
  • Revenues: Total revenues of $2.1 million increased 70% for the fourth quarter of 2023 compared to the fourth quarter of 2022.
  • Costs and expenses: Total costs and expenses for the fourth quarter of 2023 were $4.0 million, a slight increase of 2% compared to the fourth quarter of 2022.
  • Adjusted EBITDA loss was $1.2 million for the fourth quarter of 2023 compared to a loss of $1.7 million in the fourth quarter of 2022.

Renowned Industry Leader Dr. Peter Schuhmacher Joins Austin Elements Inc. Board

Retrieved on: 
Tuesday, April 2, 2024

HOUSTON, April 2, 2024 /PRNewswire/ -- Austin Elements Inc. proudly announces the appointment of Dr. Peter Schuhmacher to its Board of Directors.

Key Points: 
  • HOUSTON, April 2, 2024 /PRNewswire/ -- Austin Elements Inc. proudly announces the appointment of Dr. Peter Schuhmacher to its Board of Directors.
  • Dr. Schuhmacher, an esteemed figure in the industry, brings a wealth of experience and expertise having previously served as a prominent leader at BASF – a global leader in the chemical industry.
  • "I am honored to join the board of Austin Elements Inc. and contribute to its mission of achieving critical minerals independence through sustainable technology," said Dr. Schuhmacher.
  • Dr. Schuhmacher's appointment underscores Austin Elements Inc.'s commitment to attracting top talent and fostering strategic partnerships to further its mission.

Solaris Announces Cooperation Agreement with Interprovincial Federation of Shuar Centers and the Alliance for Entrepreneurship and Innovation of Ecuador

Retrieved on: 
Friday, March 1, 2024

VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (“FICSH”) and the Alliance for Entrepreneurship and Innovation (“AEI”) of Ecuador, with the signing ceremony to take place over PDAC.

Key Points: 
  • VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (“FICSH”) and the Alliance for Entrepreneurship and Innovation (“AEI”) of Ecuador, with the signing ceremony to take place over PDAC.
  • FICSH is the highest authority and largest Shuar indigenous organization legally established by statute of the Ministry of Social Welfare of Ecuador in 1964 and includes 50 associations comprising 500 Shuar communities and approximately 143,000 Shuar indigenous people.
  • AEI is an independent non-profit dedicated to promoting entrepreneurship and innovation as the basis for the productive development of Ecuador.
  • The organization represents a network of public, private and academic actors of which Solaris has been a member since 2021.

National Year-over-Year (YoY) HPA in January was 6.4% and is projected to remain at 5-6% in February and March 2024

Retrieved on: 
Monday, February 26, 2024

HPA is projected to remain at 5-6% in February and March 2024.

Key Points: 
  • HPA is projected to remain at 5-6% in February and March 2024.
  • In January 2024, YoY HPA ranged from 9.0% in the Northeast to 4.5% in the West (see #2 in graphic).
  • This trend continued in January, with the YoY HPA up 8.7% and 5.4% for the low price tier and high price tier, respectively.
  • The Housing Center has published data for January 2024 and is able to accurately project February and March 2024 with Optimal Blue rate lock data as well.

AE Industrial Partners Completes Acquisition of Calca Solutions

Retrieved on: 
Monday, March 4, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, today announced it has completed the acquisition of Calca Solutions (“Calca” or the “Company”).

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, today announced it has completed the acquisition of Calca Solutions (“Calca” or the “Company”).
  • “We are excited to partner with the management team at Calca Solutions to invest in the resilience and growth of the U.S. national security industrial base,” said Kirk Konert , Managing Partner at AEI.
  • “We are looking forward to the next phase of our business’ evolution in partnership with AEI,” said Shane Jenkins, CEO of Calca Solutions.
  • Kirkland & Ellis LLP served as legal advisor and FMI Capital Advisors served as exclusive advisor to Calca Solutions and AE Industrial Partners.

AE Industrial Partners’ Chris Emerson Transitions to Senior Partner

Retrieved on: 
Thursday, February 8, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, announced today that Chris Emerson has transitioned from Operating Partner to Senior Partner.

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in Aerospace, National Security, and Industrial Services, announced today that Chris Emerson has transitioned from Operating Partner to Senior Partner.
  • The firm also announced that Emerson will head up a new office in Washington, D.C., projected to open in the 3rd quarter of 2024.
  • He also served as President of Airbus Helicopters, Inc., and was Senior Vice President of Airbus Commercial Aircraft in Toulouse, France.
  • “We’re excited to leverage Chris’ insight, network, and expertise as a full-time Senior Partner of the firm as we continue to build on our national security portfolio and enhance the operations of our existing portfolio companies.”
    Mr. Emerson currently serves on the Board of Directors of AE Industrial portfolio companies The Atlas Group, Belcan, Firefly Aerospace, and York Space Systems.

AE Industrial Partners Affiliate Acquires 2 Million Square Ft. Industrial Facility in Northwest Alabama

Retrieved on: 
Tuesday, January 30, 2024

AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired an industrial facility, known informally as the “Shoals,” from the Retirement Systems of Alabama.

Key Points: 
  • AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, national security and industrial services, today announced that its affiliate Rocket Shoals LLC has acquired an industrial facility, known informally as the “Shoals,” from the Retirement Systems of Alabama.
  • AEI plans to renovate the facility to serve as an aerospace center of excellence anchored in The Shoals area.
  • Located at 1200 Haley Drive in Cherokee, Alabama, the facility is situated on 638 acres and contains 2.27 million square feet of industrial zoned manufacturing capacity.
  • “We are proud to call Alabama home as we expand several of our marquee companies in the Shoals area,” added Chris Emerson , Senior Partner at AE Industrial.

National Year-over-Year (YoY) HPA in December was 5.9% and is projected to be 5.4% and 4.7% in January and February 2024

Retrieved on: 
Wednesday, January 24, 2024

Despite subdued demand and relatively high rates, the Year-over-Year (YoY) HPA bottomed out in April 2023 and is projected to be 5.4% and 4.7% in January and February 2024.

Key Points: 
  • Despite subdued demand and relatively high rates, the Year-over-Year (YoY) HPA bottomed out in April 2023 and is projected to be 5.4% and 4.7% in January and February 2024.
  • Over 2023, higher rates impacted home prices differently across the regions (see #2 in graphic).
  • Historically, low price tier HPA has outpaced HPAs for the upper price tiers.
  • This trend continued in December, with the YoY HPA up 7.2% and 5.2% for the low price tier and high price tier, respectively.

NewsNation to Debut a New Sunday Public Affairs Program The Hill Sunday with Chris Stirewalt

Retrieved on: 
Thursday, January 18, 2024

NewsNation, America’s fastest-growing cable news network, today announced the launch of a new Sunday public affairs program entitled, The Hill Sunday with Chris Stirewalt on Sunday, March 3rd at 10 a.m.

Key Points: 
  • NewsNation, America’s fastest-growing cable news network, today announced the launch of a new Sunday public affairs program entitled, The Hill Sunday with Chris Stirewalt on Sunday, March 3rd at 10 a.m.
  • Every Sunday, the program will feature a variety of politicians and newsmakers discussing the latest political news from the nation’s capital.
  • “I am proud to be part of NewsNation, where the promise of fair, honest, independent coverage has real meaning,” said Mr. Stirewalt.
  • Prior to NewsNation, Mr. Stirewalt served as political editor for FOX News Channel where he provided news and analysis on politics.