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News Release Digital Asset Direct

How Diamond Lake Minerals Is Spearheading Digital Asset Accessibility For Traditional Investors

Benzinga

By Austin DeNoce, Benzinga In the era of digital finance, the integration of traditional investments with more dynamic technology is a growing necessity. Diamond Lake Minerals Inc. (OTCMKTS: DLMI) seems to embody this fusion, leveraging decades of traditional business acumen to pave the way for investors into the digital asset and security token market. With a vision that has evolved since its founding in 1954, Diamond Lake Minerals now focuses on the development and support of SEC-registered security tokens under the guidance of CEO Brian J. Esposito and his 20 years of industry experience. In addition, big-name advisors like Anthony Scaramucci, Larry Namer, Andrew Fromm, Brandon Fugal, Michael Malik Sr., Raul Leal, Agnes Budzyn and David Meltzer have joined the company, bringing years of expertise and success. Through blockchain innovations unlocking asset tokenization, Diamond Lake Minerals is shaping the landscape of investment for generations accustomed to the tangibility of assets – but with a modern twist that embraces new technologies. Diamond Lake Minerals: Bridging The Old With The New Diamond Lake Minerals has entered a fascinating transition from mineral exploration to spearheading innovation in digital assets and security tokens. Adhering to SEC regulations and employing state-of-the-art technology, the company aligns traditional investment values with the demands of the digital economy. Leveraging PR Strategy For Web3 Engagement With the help of Espositio Intellectual Enterprises, Diamond Lake Minerals is pursuing a public relations strategy to promote digital assets and educate the public about them, aiming to make these investments more approachable to the general public. The company’s approach is to combine trusted investment traditions with new digital opportunities, thus simplifying entry into the digital asset market for everyday investors. This strategy hopes to build a community around these modern investment options, making them more accessible to a wider range of investors. Tokenization As The Market's New Frontier As articulated by Larry Fink of BlackRock, Inc. (NYSE: BLK), tokenization has the potential to be a transformative force in financial markets. By enabling digital assets to be traded via protocols, tokenization promises immediate settlement and lower transaction costs. The potential of a financial ecosystem built on tokens also offers a future of enhanced interoperability, transparent access and reduced reliance on traditional intermediaries. Blockchain's Role In Democratizing Finance Diamond Lake Minerals is essentially streamlining the entry into digital assets by leveraging the familiarity of stock investments. Recognizing that downloading digital wallets and understanding NFTs can be daunting, they aim to lower these barriers, making it simpler for people to invest in digital assets through partners like INX Digital Co. (OTCM: INXDF). This approach not only broadens accessibility but also paves the way for more widespread investment in blockchain technology, which promises enhanced transparency and efficiency. By aligning with regulatory standards and offering round-the-clock trading, such blockchain applications are setting new benchmarks in the financial industry, inviting a diverse investor base to partake in the future of digital finance. A Conglomerate Approach To Digital Assets Diamond Lake Minerals embraces a conglomerate approach, managing a diverse portfolio under a unified holding company structure intended for lifetime holding similar to Berkshire Hathaway, Inc. (NYSE: BERK). This strategy, discussed in detail on the Bell2Bell Podcast, reflects an intent to deliver consistent earnings and shareholder value. By blending traditional business wisdom with digital asset innovation, Diamond Lake Minerals presents a regulated opportunity for investment in digital spaces. Traditional Meets Digital Diamond Lake Minerals stands as an intriguing avenue for those seeking to invest in digital assets through a platform that respects the essence of traditional investment principles. The popularity of tokenized assets is still to be fully determined, but the company’s initiatives are paving the way for investors to evolve with the digital economy, reinforcing the potential for sustainable growth and value generation in the digital age. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 10, 2023 09:00 AM Eastern Standard Time

Short The Criminals: Knightscope’s Momentum And Double Digit Growth Could Mean A Safer World

Benzinga

By Faith Ashmore, Benzinga Click here to learn more about the Knightscope Public Safety Infrastructure Bond. While the world overall has become more peaceful in the past century, the aftermath of the pandemic has seen an increase in violence in certain areas of the country and internationally. For example, California has seen increases in violent crime in the years since the pandemic hit. The state’s violent crime rate is up by 13.5% compared to the pre-COVID rate of 2019. With poverty rates on the rise, crimes – specifically misdemeanors – might continue to rise in coming years; poverty and non-violent crimes have often been linked due to there being fewer legal means to live a decent standard of living for those under the poverty line. At the same time, police violence and racial police discrimination are also on the rise. A recent study showed that U.S. law enforcement killed at least 1,176 people in 2022, making it the deadliest year on record for police violence since 2013 when experts first started tracking the killings nationwide. Additionally, 1 in 5 Black adults, including 3 in 10 Black men, say they have been a victim of police violence. The combination of increased crime rate, as well as the lack of public trust in police to act justly and within reason, can create tension and potentially dangerous environments. An innovative public safety technology company is deploying an interesting alternative to typical policing that can help reduce both crime rate and policing human error. AI and robotics are part of the solution to create safer public spaces while decreasing human error that can come from human police officers. Knightscope (NASDAQ: KSCP) is a technology company ushering in the dawn of Autonomous Security Robots (ASRs) and working hard to protect U.S. citizens from crime across the country. The company has over a decade of experience and has shown its solutions to be effective. For example, when one of its units was deployed in Huntington Park, Los Angeles County, there were 46% fewer crime reports overall – and they have recently renewed the contract for the 5th year in a row. Knightscope’s success has garnered national attention, and the company has won corporate contracts with major corporations such as PENN Entertainment (NASDAQ: PENN), PG&E (NYSE: PCG), ABM (NYSE: ABM) and Lowe's (NYSE: LOW). Knightscope continues to make waves in the industry with recent accomplishments and contracts. They have recently announced two new contracts, selling a total of ten new machines. These contracts include a hospital in Colorado and an online retailer in Georgia, both of which have recognized the value of incorporating Knightscope technologies into their security programs. One of Knightscope's newest products, the K1 Hemisphere, is specifically designed for securing areas where the use of autonomous security robots is not necessary. An online retailer that operates multiple warehouses across the United States has signed an agreement for two Hemispheres to enhance employee safety and deter theft and criminal trespassing at their Georgia facility. These machines will also monitor the property's driveway. The retailer has also included the Knightscope+ remote monitoring service to ensure prompt investigation and handling of all alerts, relieving the hospital personnel of this responsibility. The retailer reported being so pleased with the deployment at their Georgia location that they have already requested proposals for additional Hemispheres at their New York and Nevada facilities. Additionally, a California community college has invested over $1.5 billion in updating its facilities, including its safety and security measures. Knightscope was chosen as the preferred vendor to replace the college's outdated emergency phone system with K1 Blue Light Towers. With the latest order, the college has installed a total of 26 Towers and is adding 6 more to enhance its operations. Knightscope has also made significant strides in the hospitality and education industries this month. They have secured contracts with hotels in Portland, Oregon, where their K5 Autonomous Security Robots will patrol the parking areas to ensure the safety of guests, employees, and visitors. The company has also partnered with a pre-K school and another hotel. Most notable, however, Knightscope recently announced a collaboration with the NYPD and MTA in New York City, as their robots will operate in the subway system during late-night hours. Known for their effectiveness and approachability, the K5 robots strike a balance between engagement and respect for privacy. The company is currently offering a unique investment opportunity for interested parties to buy bonds. Knightscope is offering 10% interest, paid in cash annually, on up to a 5-year bond. For example, a $10,000 investment could yield $1,000 of interest in cash payments annually for 5 years. Knightscope's recent achievements demonstrate their commitment to revolutionizing the security industry and promoting greater safety for various sectors. The robotics market was valued at $31.38 billion in 2021 and is expected to reach $110.39 billion by 2030 with a CAGR of 15% from 2022-2030. Knightscope seems well-positioned to capitalize on this growth and be a potential leader in the U.S. market. Click here to learn more about the Rise of the Robots. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT IS AVAILABLE HERE. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 10, 2023 09:00 AM Eastern Standard Time

Fintech startup EduFi secures $6.1m led by Zayn VC to launch student loans with Study Now Pay Later

EduFi

Education is a lever of economic growth and social development in any country but poor quality state school provision often drives many families to fee-paying schools. Helping these families manage the financial challenges of school fees, EduFi is today announcing a $6.1m funding round for its Study Now, Pay Later lending platform. It has launched in Pakistan, a country where 40% of students are attending a fee-paying school and spending over $14 billion for their education every year. The pre-seed funding round was led by Zayn VC with participation from Palm Drive Capital, Deem Ventures Ltd, Q Business, Abhi, Adalfi, Techlogix and other angel investors. EduFi is a fintech platform and mobile app that enables students to secure loans for their school fees. EduFi works with liquidity providers and schools to drive successful student loans. The platform is underpinned by a proprietary education sector focused credit scoring model using advanced machine learning algorithms and artificial intelligence. Aleena Nadeem, Founder & CEO of EduFi commented: “We conceived and built this product to serve markets that have low credit penetration. Pakistan presented an ideal opportunity to launch because the need is the greatest and we had a first-mover advantage. Firstly, banks don’t offer student loans, instead users take personal loans which are riddled with a high cost of origination owing to physical verification of identity, personal assets and financial health. The absence of credit scoring has restricted credit access to a thin, top tier of customers. We want to expand the credit and student loan opportunity to a much wider audience of students across the country. Secondly, we feel student loans can be a bridge to the country’s two biggest problems - high levels of poverty and low literacy rates - and catalyze economic growth”. The EduFi team has created a full tech stack that provides visibility to liquidity providers on their capital performance and enables schools to capture student performance metrics such as attendance, overdue fees, drop out rates and academic performance of the students. In addition, the EduFi App UX offers an unparalleled pathway for users to quickly and easily access student loans. Combined, this end-to-end tech stack powers the EduFi credit scoring system to disperse student loans within 48 hours of application. The loan journey offers a faster and simpler application process, fast loan disbursement, flexible repayment options and provides more convenience and accessibility than the traditional lenders. EduFi has ended the weeks of manual work to a few minutes in offering and making a student loan. Headquartered in Singapore, EduFi was founded in 2021 by Aleena Nadeem. Having benefited from an MIT education and a successful finance career, her conviction that education opens pathways was the genesis for EduFi. The wider team has over several decades combined experience across banking, education and technology. The EduFi model is based on research and analysis the team conducted on the cultural, social, and economic factors that shape the decisions and behaviors of parents regarding education and finance. Based on these insights, EduFi is designed to be intuitive, transparent, and secure for the users. EduFi’s vision is to be more than a platform but a lifeline and community for aspiring students to unlock their true potential. Through its partnerships with 15 colleges across Pakistan, EduFi is now available to over 200,000 students to pay their school fees. Aleena Nadeem, CEO and founder of EduFi commented: “Education offers hope and can change the lives of people. I am one example of millions out there. EduFi offers this hope and will be a trigger for change in the lives of people as we lift one of the biggest burdens on aspiring families. For example, students in dental or medical schools have to pay upwards of $8,000 upfront which is not sustainable for many in Pakistan. Every student we’ve helped is testament to the ambition, opportunity and empowerment we are striving for at EduFi.” According to a recent Unesco report, families in Pakistan spend 57% of their income on children's education, a sum total of $14 billion annually. Pakistan ranks second across South Asia and Southeast Asia in terms of expenditure on education. This presents a significant opportunity for EduFi to support students on their academic journey. Faisal Aftab, General Partner & Founder at Zayn VC commented: “We are thrilled to support Aleena's vision for EduFi, which aims to provide financing options for families to fund their children's higher education. This is a significant step towards achieving financial inclusion for middle and low-income families. In Pakistan, families spend more than 50% of their income on their children's education, which has become increasingly challenging due to inflationary pressures. EduFi's innovative approach will help alleviate this burden and empower families to invest in their children's future.” About EduFi Headquartered in Singapore, EduFi was founded in 2021 by Aleena Nadeem. It is Pakistan's first student loan platform, helping students finance and plan for their education. The innovative platform streamlines the borrowing process, making it easy for students to apply for loans and access funds quickly. For more information please visit: https://www.edufi.tech/ About Zayn VC Zayn Venture Capital (Zayn.VC) is a prominent Venture Capital Fund, spearheaded by Faisal Aftab, that is dedicated to supporting and financing innovative Pakistani start-ups that are leveraging technology to revolutionize various industries. Zayn VC primarily focuses on early-stage tech companies and, although they are sector-agnostic, they meticulously analyze each company through a FinTech lens. For further details, please visit www.zayn.vc. Contact Details EduFi Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://www.edufi.tech/

November 10, 2023 07:00 AM Eastern Standard Time

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Holiday Kick-off!

News Media Group, Inc.

Contact Details Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

November 10, 2023 07:00 AM Eastern Standard Time

Video

Nextech3D.ai surpasses 60,000 in 3D model creation as company signs up more clients

Nextech3D.AI

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news the company has achieved a significant milestone by delivering over 60,000 models to its customers across various industries. Moreover, Nextech3D.ai anticipates substantial growth in 2024 and beyond, driven in part by increased demand from Amazon. Amazon has gained valuable insights into customer engagement metrics. These insights include an impressive 8-fold increase in the number of customers who have viewed a product in Augmented Reality (AR) on Amazon since 2018. Additionally, a remarkable 94% of customers surveyed by Amazon expressed their willingness to use Virtual Try-On features again. Furthermore, Amazon has observed an average 9% improvement in sales when the "View in Your Room" AR feature is enabled on Amazon product listings. These metrics demonstrate the growing acceptance and impact of AR in e-commerce. Gappelberg also revealed that Nextech3D.ai has secured contracts with notable companies, expanding its reach into various sectors. TecTake: An international e-commerce company offering a wide range of products for work, home, leisure, and the garden. Raptor Tactical: A manufacturer and designer of modern tactical equipment catering to military, police, and law enforcement units. City Grounds: A provider of innovative merchandise for urban cycling needs, offering bicycles, components, streetwear, and active lifestyle apparel. These partnerships highlight Nextech3D.ai's ability to deliver AR and 3D experiences that cater to diverse industries and customer needs. The company's continued growth and expansion into new sectors position it as a leading player in the AR and e-commerce space, poised for further success in the coming years. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

November 09, 2023 02:24 PM Eastern Standard Time

Video

Comcast Business Technology Empowers California Small Business to Compete with Big Name Brands

Comcast California

Comcast Business today announced that it is providing Direct Appliance Flooring & Home (Direct Appliance) with Comcast Business Internet and Comcast Business Mobile. The combination of these solutions has enabled the expanding small business with the tools it needs to manage its operations more effectively, ultimately helping it to stand out from its competitors. Founded in 1995 as a family-owned store with a mission of, “something simple, but with quality that meets the needs of Modesto,” Direct Appliance has evolved significantly from its beginnings. Today, Direct Appliance has two showroom locations – one in Modesto and one recently opened location in Jamestown – and offers complete, functional rooms that serve as a valuable resource for local designers, builders and contractors. The showrooms allow customers to test working appliances set in lifelike kitchen environments. Despite Direct Appliance’s evolution over time, the essence of the company remained rooted in its original vision for quality and community, emphasizing personal service and hometown values. To help ensure continued quality service for its customers, Direct Appliance knew that in addition to scaling operations at its growing number of brick-and-mortar locations, it would need to expand its e-commerce presence to better compete with big box businesses, both in Modesto and across the state of California. Comcast Business offered the ideal mix of technology solutions for Direct Appliance’s operations, both online and in physical storefronts. “Comcast Business has been a game-changer for us, as its solutions are capable of supporting not only our online pricing and ordering systems, but also members of our staff who work in our showrooms and who travel across California delivering and installing our products,” said Kristofer Winter, president of Direct Appliance. “Thanks to the speed and reliability of our connection, and the flexibility of our mobile solutions, we’re able to focus on what we do best – creating quality experiences for our customers.” Comcast Business' technology solutions provide the connectivity that Direct Appliance staff needs on the ground to deliver quality customer experiences. The connection seamlessly supports the Direct Appliance team’s internet use at showroom locations – a critical operational component, since Direct Appliance’s tags for its products are digital and require reliable bandwidth to access and review. Additionally, Comcast Business Mobile gives Kristopher and his teams the flexibility to connect with each other and customers whenever they need. Simultaneously, the internet connection provides a framework to support Direct Appliance’s plan to put more emphasis on its digital retailing. The internet connection offers the bandwidth and speed needed for Direct Appliance to help keep its website and e-commerce platform up and running, as well as to help effectively manage customer orders and inquiries. “Small businesses are the beating hearts of their communities, helping to spur economic growth and diversity,” said Jacob Mitchell, vice president of sales and marketing for Comcast’s California Region. “Comcast Business’ technology solutions are a perfect match for businesses like Direct Appliance, as we can meet their immediate needs but also work with them to scale our support as they grow their operations.” About Comcast Business Comcast Business offers a broad suite of technology solutions to keep businesses of all sizes ready for what’s next. With a range of offerings including connectivity, secure networking, advanced cybersecurity, and unified communications solutions, Comcast Business is partnering with business and technology leaders across industries and integrating Masergy, a leader in software defined networking, to help drive businesses forward. Backed by a next-generation network, Comcast Business has been recognized for its growth, innovation, and leadership in global secure networking. For more information, call 800-501-6000. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Jon Koriel jon_koriel@comcast.com FINN Partners Chloe Huard chloe_huard@finnpartners.com

November 09, 2023 09:00 AM Pacific Standard Time

News Release

Rebel Satoshi The Memeiest Memecoin Around

Blockchain Digest

With their wacky and irreverent design, meme coins have become a prominent category in the cryptocurrency space. These digital assets, which are frequently the result of amusement and mockery have become quite popular and, according to CoinMarketCap, had a market capitalization of over $20 billion in 2022. Introducing Rebel Satoshi Rebel Satoshi is not your typical meme token; it embodies a movement and a mission to transform the cryptocurrency market. With a firm commitment to challenging the status quo, Rebel Satoshi is dedicated to fostering decentralization and countering the influence of powerful elites and centralized organisations. Rebel Satoshi: A Force for Change Rebel Satoshi, the figurehead of the Recusants, embodies the spirit of rebellions reminiscent of Guy Fawkes and Satoshi Nakamoto. As a symbol and membership badge, the $RBLZ token represents a unified protest against the existing order. Community and Purpose Rebel Satoshi brings a unique blend of playfulness and purpose to the crypto universe. The project encourages camaraderie and joy in the pursuit of revolution. Users are invited to participate in interactive missions, games, and meme culture, offering an experience where unity and laughter serve as potent tools. Rebel Satoshi's ambitious goal is to reach a market capitalization of $100 million, demonstrating the strength of a community-led movement. The project aspires to provoke discussions, challenge centralized systems, and advocate for unity and change. Looking Ahead with Rebel Satoshi Could Rebel Satoshi ($RBLZ) emerge as a prominent meme token in 2023 and beyond? With its emphasis on resistance, unity, and decentralization, Rebel Satoshi invites users to become part of a revolutionary crypto experience. The project's presale is now open, offering access to 9,999 NFTs and an opportunity to join the vibrant Rebel Satoshi community. For those seeking the next promising token or meme coin project, Rebel Satoshi presents an enticing prospect with a bright future. The presale for $RBLZ is currently available on the official website, providing early bird surprises for interested participants. Please note that the Discord and Telegram communities are for Recusants and $RBLZ holders only. For the latest updates, be sure to visit the official Rebel Satoshi presale website and join the community today! Contact Details Rebel Red pr@rebelsatoshi.com

November 09, 2023 10:50 AM Eastern Standard Time

Heura Uses ToolsGroup for Digital Supply Chain Transformation to Support Global Expansion

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, is proud to announce it has been selected by Heura, a leader in next generation plant-based meat production, to help the company achieve the planning speed and accuracy necessary to transform its supply operations and meet the growing demands of its global expansion. “We started Heura in 2017 to empower people to participate in a more nutritious and sustainable food system. Over the past few years, it has become evident that people are ready for this new era of responsible food sourcing and production,” said Daniel Salrach Ruiz, Supply Chain Director. “With our operations expanding into markets throughout Europe, we realized the need to digitally transform our supply chain so we can keep pace with our increasingly complex network and exciting growth in customer demand. ToolsGroup has been an invaluable partner, helping us drive growth and achieve greater efficiency through automation while reducing inventory 10%.” As Heura’s business grew, so did the complexity of its supply chain. Heura began exploring solutions for digital supply chain transformation and ultimately chose ToolsGroup Service Optimizer 99+ (SO99+). ToolsGroup’s unique AI-powered demand modeling engine enables the planning team to better capture the impact of demand-shaping factors, interpret shifting demand signals for more accurate forecasts, and adapt quickly to Heura’s widening network. ToolsGroup also supports cross-functional visibility and team collaboration for faster communication and decision making, a critical capability amid rapid growth. Now, ToolsGroup gives the Heura team instant access to the insights it needs to make faster, more effective decisions as the company expands across Europe and the world. “Modern supply chains need a powerful digital engine to keep up with the accelerated pace of commerce worldwide,” says ToolsGroup CEO, Inna Kuznetsova. “By implementing best-in-class digital solutions, replete with AI-driven capabilities, companies can seize the opportunity to transform their supply chain operations and perfect their business strategies to become market leaders. We’re thrilled to be partnering with Heura, supporting this dynamic period of growth with ToolsGroup’s cutting-edge innovations and contributing to healthier, more sustainable food production practices.” For more information about how AI-powered probabilistic forecasting lays the foundation for supply chain growth, read the full case study HERE. About Heura Heura is a 100% plant-based meat startup founded by activists Marc Coloma and Bernat Añaños in April 2017. Their mission is to create solutions that render the current food system obsolete and accelerate the transition to a world where animals are no longer part of the protein production equation. Their Mediterranean culinary heritage is reflected in their products: extra virgin olive oil, a clean label, high nutritional values, and flavor. Currently, Heura is present in over 22,000 points of sale in 20 countries around the world. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

November 09, 2023 10:00 AM Eastern Standard Time

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How DLP Capital Is Helping Address Housing Crisis Through Strategic Investments

Benzinga

By Austin DeNoce, Benzinga For most, the words “housing crisis” invoke feelings of uncertainty and concern, but it is a very real and long-standing challenge in the U.S. The Government Accountability Office reports that high interest rates and low inventory are contributing to this issue, and it can be particularly challenging for low-income Americans to find affordable housing. Yet, where there is a problem, innovative solutions arise. Enter DLP Capital, a potential game-changer in the housing market. The company is working on the dual objectives of providing affordable housing while offering potentially attractive opportunities for both communities and investors. DLP Capital's Dual Focus: Housing Affordability And Investment DLP Capital, established in 2006, has a history of active involvement in the real estate sector. With founder and CEO Don Wenner leading the company, DLP Capital has executed over 30,000 real estate transactions, translating to a total value of more than $10 billion. The company reports it has more than 25,000 homes and apartment units in its portfolio and $5 billion in assets under management and that it has positively impacted the lives of over 838,000 individuals. Empowering Communities Through Housing Solutions DLP Capital's initiatives aim to address societal challenges. One of their goals is to impact the lives of millions positively while striving to become the largest investor in rental housing. The company also operates according to specific core values including servant leadership, humble confidence, innovation and stewardship, and it believes in transforming lives through community building with safe, attainable housing as a primary mission. The DLP Housing Fund is an open-ended, private real estate fund focusing on making an impact on America’s affordable housing crisis. The goal of this fund is to offer tenants <30% rent-to-income ratios, and the strategy is to preserve attainable rental housing through investments in existing value-add communities. The primary focus is on secondary and tertiary markets in the Sun Belt. For investors, this fund offers monthly preferred returns with 10 to 12% targeted annual net returns and tax sheltering benefits. Other Investment Opportunities And Their Focus The DLP Building Communities Fund is another initiative by DLP Capital that seeks to address the workforce housing crisis in America. The fund’s objectives involve investing in the development and construction of new rental communities, thereby providing attainable housing for those making incomes near the AMI. From an investment standpoint, the fund focuses on debt and equity in Sun Belt markets with strong demand, aiming to provide limited volatility and targeted annual net returns between 11% and 13%. Meanwhile, the DLP Lending Fund serves professional real estate operators by furnishing the capital required for the development of affordable workforce housing. The fund’s data suggests offers of monthly distributions, liquidity and targeted annual net returns ranging from 9% to 10%. DLP Capital's Initiatives – Brief Case Studies DLP Capital's commitment to both community development and investor value becomes evident through specific case studies. DLP Wexford Village DLP Capital acquired the DLP Wexford Village in 2020 for $43 million. Comprising 340 units in 14 buildings, this vast residential complex offers housing ranging from one-bedroom to three-bedroom apartments. Under DLP’s ownership, the Wexford Village community experienced an evolution in resident engagement and support. The company says the staff's proactive approach during the COVID-19 pandemic was particularly noteworthy – they utilized daily video communications to stay connected with residents, expressing gratitude to healthcare workers with treats and helping residents navigate financial assistance programs to maintain housing security. The Boyd Theatre Project Situated in Bethlehem, Pennsylvania, the Boyd Theatre stands as a testament to the rich cultural heritage of the Lehigh Valley. Recognizing its potential and its historical significance, DLP Capital, in collaboration with local developer Rocco Ayvazov, embarked on an ambitious project to rejuvenate this landmark. Their plans involve converting the former movie theater into a multifaceted six-story apartment building. This redevelopment aims to encompass commercial retail space, an underground parking facility and recreational areas such as a pool, fitness center and an exclusive outdoor theater for residents. Overseen by the architectural firm SITIO, the project's completion is anticipated by Q3 of 2024, potentially adding a significant boost to local development. Both case studies underscore DLP Capital's ability to synergize investment objectives with a tangible positive impact on communities, reflecting their overarching strategy in the housing landscape. Balancing Community Impact With Investment Goals As urban landscapes continue to evolve and economic dynamics shift, the challenges surrounding affordable housing will likely persist. Ultimately, housing is about more than structures; it's about building communities, fostering connections and ensuring that individuals have a secure place to call home. And in this intricate dance of community building and real estate development, DLP Capital is a proactive participant. As the housing challenges of our time continue to unfold, entities like DLP Capital could play a crucial role in bridging the gap between housing needs and investment aspirations, seeking to craft a future where both coexist in harmony. For more on DLP and how investors could get involved, click here. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 09, 2023 09:00 AM Eastern Standard Time

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