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Press Release: Alexander’s Completes $252.5 Million Refinancing of Rego Park II
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- Category: Globe NewsWire News Distribution Service
- Created: 14 December 2018
- Last Updated: 14 December 2018
- Published: 14 December 2018
- Written by www.GlobeNewsWire.com Press Releases
PARAMUS, N.J., Dec. 14, 2018 (GLOBE NEWSWIRE) -- ALEXANDER’S, INC. (New York Stock Exchange: ALX) announced today that it has completed a $252.5 million refinancing of its 609,000 square foot Rego Park II shopping center located in Queens, New York. The interest-only loan is at LIBOR plus 1.35%, currently 3.77%, and matures in December 2025. The proceeds of the new loan were used to repay the existing loan of the same amount, which bore interest at LIBOR plus 1.85% and was scheduled to mature in January 2019.
Alexander’s continued to hold a $195.7 million participation in the $252.5 million loan at LIBOR plus 1.35%. The participation in the previous loan earned interest at LIBOR plus 1.60%.Alexander’s, Inc. is a real estate investment trust that has seven properties in the greater New York City metropolitan area.Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see "Risk Factors" in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2017. Such factors include, among others, risks associated with the timing of and costs associated with property improvements, financing commitments, the financial condition of our tenants and general competitive factors.
Press Release: MariMed Positioned to be Leader in Hemp CBD Era with 2018 Farm Bill Signing Imminent
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- Category: Globe NewsWire News Distribution Service
- Created: 14 December 2018
- Last Updated: 14 December 2018
- Published: 14 December 2018
- Written by www.GlobeNewsWire.com Press Releases
NORWOOD, MA, Dec. 14, 2018 (GLOBE NEWSWIRE) -- As President Trump prepares to sign the 2018 Farm Bill into law in coming days, MariMed, Inc. (OTCQB: MRMD), a leading cannabis operator that recently announced a major hemp investment, hailed the imminent signing of the bill as “the official launch of the Hemp CBD Era.”
“The expected signing of the Farm Bill will enable Americans to enjoy legal access to a host of hemp-derived CBD-based solutions, which are already renowned for their health and wellness benefits, ,” said Robert Fireman, MariMed CEO. “MariMed expects to make a series of Hemp CBD product and distribution announcements in 2019. We are excited about the potential of legalized hemp to benefit millions of Americans in many ways.” MariMed has made a significant commitment to the rapidly-growing, hemp-derived CBD product industry, which analysts project growing to $22 billion globally by 2022, from today’s estimated $800 million. In November, MariMed announced its $30 million investment and strategic partnership in a leading agriculture and technology company specializing in the production of hemp-derived CBD. Hemp-derived CBD has been shown to reduce anxiety, depression and sleep disorders without the side effects and addiction risks of many pharmaceuticals. CBD has also been proven effective in treating a wide range of medical conditions, including certain types of epilepsy, some cancers and painful cancer treatments, arthritic and muscular pain, high blood pressure, and various skin conditions, including acne. “With restrictions on hemp research likely to lift, MariMed is beginning to collaborate with researchers to develop more effective delivery mechanisms and product options for specific medical, health and beauty treatments,” said Fireman.
Press Release: SoftServe Achieves Machine Learning Specialization in Google Cloud Partner Program
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- Category: Globe NewsWire News Distribution Service
- Created: 14 December 2018
- Last Updated: 14 December 2018
- Published: 14 December 2018
- Written by www.GlobeNewsWire.com Press Releases
Google Cloud recognizes SoftServe’s technical proficiency and proven success
AUSTIN, Texas, Dec. 14, 2018 (GLOBE NEWSWIRE) -- SoftServe, a leading digital authority and consulting company, announces it achieved the Machine Learning Partner Specialization in the Google Cloud Premier Partner Program. The Partner Specialization affirms SoftServe’s expertise and success building customer solutions in the machine learning field using Google Cloud Platform (GCP) technology.The Google Cloud Partner Specialization Program is designed to provide Google Cloud customers with qualified partners that demonstrate technical proficiency in the specialized solution and service areas. Specifically, the Machine Learning Specialization demonstrates SoftServe’s expertise in data exploration, preprocessing, model training, model evaluation, model deployment, online prediction, and Google Cloud’s pre-trained machine learning APIs.“We teach machines to learn, read, see and understand business data, and make accurate predictions across virtually all industry verticals to solve the ‘human’ types of problems by digitally mimicking the power of the human brain,” said Serge Haziyev, senior vice president for advanced technology at SoftServe. “Our machine learning and cloud computing expertise makes us a solid development partner and go-to-resource for opportunities on Google Cloud. The Machine Learning Partner Specialization validates our success in providing clients with cutting-edge technology solutions that prepare them for the future.”SoftServe joined the Google Cloud Partner Program in April 2017 and became a Google Cloud Premier Partner in August 2018, having completed extensive technical training and successfully delivered numerous complex implementations on GCP. To date, SoftServe has 150 GCP professional certifications.<...>
Press Release: Vantagepoint ai Trading Software Expands Global Partnership to Italy
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- Category: Globe NewsWire News Distribution Service
- Created: 14 December 2018
- Last Updated: 14 December 2018
- Published: 14 December 2018
- Written by www.GlobeNewsWire.com Press Releases
World’s first artificial intelligence software available on personal computers builds customer base in Italy
WESLEY CHAPEL, Fla., Dec. 14, 2018 (GLOBE NEWSWIRE) -- Vantagepoint ai, the software company that developed the first artificial intelligence (AI) trading software in the world available to retail investors and traders, expands its global partnership to Italy.As a global company with users all over the world, Vantagepoint is constantly growing and building new relationships. Last year, Vantagepoint announced its partnership in Hong Kong. This year, Vantagepoint is happy to announce its newest joint venture in Italy.All customers have access to Vantagepoint’s world class support team and in-person seminars located in Florida, but these international teams, allow customers who reside out of the US with language barriers, to have that intimate training experience.The Italy team provides unlimited software support and helps traders put together custom strategies based on their unique trading style and favorite markets to trade. They share fresh, new content each week in video style to provide tips that cover several different types of trading styles and are also launching a brand new, free video campaign next week.“This partnership has been very successful so far. We are excited to spread the word about Vantagepoint in Italy and have many exciting things planned. Next week we are launching a brand-new video campaign where people can join us for free, to learn exclusive strategies for trading technical analysis with Vantagepoint,” said the Trader Specialist on the Vantagepoint ai Italy team.Part of their training is also on the proprietary indicators created by Larry Williams. “My students throughout the world, Italy, Russia, China, America and Japan have become successful traders using the indicators… thanks for spreading my work and my indicators to all my good friends and traders that I know so well in Italy," said Larry Williams, world-renowned trader and author. Since the introduction of its first trading software over three decades ago, Vantagepoint ai has grown into a multi-million dollar, Inc. 500 trading software company with customers in more than 120 countries and will continue to expand across the globe.Full interview and free demo of the software at
Press Release: Tencent Joins the Open Invention Network Community
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- Category: Globe NewsWire News Distribution Service
- Created: 14 December 2018
- Last Updated: 14 December 2018
- Published: 14 December 2018
- Written by www.GlobeNewsWire.com Press Releases
DURHAM, N.C., Dec. 14, 2018 (GLOBE NEWSWIRE) -- Open Invention Network (OIN), the largest patent non-aggression community in history, announced today that Tencent Holdings Limited (Tencent) has joined OIN as a community member. As a leading provider of Internet value-added services in China, Tencent is demonstrating its commitment to open source software and the associated development efforts that benefit end users worldwide.
“Tencent is an industry leader and global pioneer of innovative, digital-based technology solutions such as ‘Weixin/WeChat’ and ‘QQ’. It contributes to open source projects and leverages open source software in its businesses,” said Keith Bergelt, CEO of OIN. “We appreciate Tencent joining OIN and demonstrating its commitment to innovation and patent non-aggression in open source.”“Tencent is committed to offering high-quality Internet-based services from social, games and digital content to mobile payment, cloud services, Internet financial services and smart retail solutions, among many others. Linux and open source are critical elements in the technologies that we are developing to provide these services,” said Xu Yan, general manager of the intellectual property department at Tencent Holdings Limited. “By joining the Open Invention Network, we are demonstrating our continued commitment to innovation, and supporting it with patent non-aggression in Linux.”OIN’s community practices patent non-aggression in core open source technologies by cross-licensing Linux System patents to one another on a royalty-free basis. Patents owned by OIN are similarly licensed royalty-free to any organization that agrees not to assert its patents against the Linux System. The OIN license can be signed online at http:www.j-oin.net.About TencentTencent uses technology to enrich the lives of Internet users. Our social products Weixin and QQ link our users to a rich digital content catalogue including games, video, music and books. Our proprietary targeting technology helps advertisers reach out to hundreds of millions of consumers in China. Our infrastructure services including payment, security, cloud and artificial intelligence create differentiated offerings and support our partners’ business growth. Tencent invests heavily in people and innovation, enabling us to evolve with the Internet.Tencent was founded i...
Press Release: Start of Day Message
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- Category: Globe NewsWire News Distribution Service
- Created: 14 December 2018
- Last Updated: 14 December 2018
- Published: 14 December 2018
- Written by www.GlobeNewsWire.com Press Releases
LONDON, 14 Dec. 2018 (GLOBE NEWSWIRE) -- This is the Start of Day Message for GlobeNewswire.GlobeNewswire is operated by West Corporation and is designated by the FCA as an approved primary information provider.DisclaimerThe content and accuracy of all information distributed through GlobeNewswire is wholly the responsibility of the originator. West Corporation accepts no liability for any losses arising from reliance by any person upon the content of any announcement.If you have any questions about this message, please Contact Us.
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