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Ballast Rock Announces Launch of Sunbelt Multifamily Fund III

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–News Direct–

Ballast Rock, the diversified investment management firm, today announced it has launched Sunbelt Multifamily Fund III LP (SB3), the third private equity real estate fund in its Sunbelt series.

Ballast Rock is targeting a raise of $100 million for the fund, which, like the previous Sunbelt Funds, will focus on acquiring and renovating a diversified portfolio of workforce multifamily properties in the U.S. Southeast. Ballast Rock has identified and is performing due diligence on a value-add property that would represent the first acquisition for the new fund.

The broader real estate market has experienced tremendous uncertainty, given the rise in interest rates and disruptions in the credit markets. The team have patiently been assessing the long-term impacts of these changes on our target markets and are excited to have found a potential first investment for SB3 said Thomas Carroll, Founder and Chief Executive Officer of Ballast Rock. We have remained constructive on our core focus, which is workforce multifamily value-add, specifically in the Southeast.

Our team has diligently been underwriting deals since our last acquisition in early 2023 and has looked at close to 400 assets in that time, said Ian Garcia, Chief Operating Officer and Portfolio Manager for the Sunbelt Funds. We are extremely conservative on our underwriting and will only ever consider investing in a deal if we have a high degree of confidence that it is going to clear our stringent investment objectives.

Prior Sunbelt Funds

Ballast Rock launched Sunbelt Multifamily Fund I (SB1) in 2019 and between February 2019 and January 2021 acquired nine properties totaling 1,110 apartment units for $63,630,000. SB1 began dispositions in early 2022, generating gross proceeds of $60,450,000 from the first four properties sold. The 593 apartment units involved were acquired at an average cost of $53,583 per unit and sold at an average cost of $101,939 per unit. Ballast Rock anticipates exiting the remaining five assets in SB1 opportunistically over the next 12 to 18 months.

Sunbelt Multifamily Fund II (SB2), launched in 2021 and between February 2021 and January 2023 acquired nine properties totaling $101,408,000, with 1,039 apartment units.

In April of 2023 Ballast Rock launched Ballast Rock Capital, its broker-dealer. Ballast Rock Capital is a member of the Financial Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) and is registered with the Securities and Exchange Commission (SEC).

About Ballast Rock Group

Ballast Rock Group is an integrated investment management company specializing in delivering risk-adjusted returns, accurate, and timely advice, high quality frequent reporting, and direct access to management. Ballast Rock Group operates Ballast Rock Asset Management, Ballast Rock Private Wealth, and Ballast Rock Capital. Ballast Rock Asset Management comprises Ballast Rock Real Estate, which includes the firms Sunbelt multifamily real estate funds, and Ballast Rock Ventures, comprising venture capital and private equity teams. Ballast Rock Private Wealth is a registered investment advisor, with a focus on alternative strategies. Ballast Rock Capital is awaiting approval to become a FINRA-registered broker-dealer. Ballast Rock is committed to being a driver of positive change. The diversity of our team members brings valuable new perspectives to our industry for the benefit of our stakeholders and the broader community.

Investment Disclosure

The information contained in this press release has been prepared by Ballast Rock Holdings LLC (Ballast Rock) without reference to any particular readers investment requirements or financial situation. Potential investors are encouraged to consult with professional tax, legal, and financial advisors before making any investment into a private offering of securities. An investment in private securities would be speculative and would involve a high degree of risk. Investors must be prepared to bear the economic risk of such an investment for an indefinite period of time and be able to withstand a total loss of their investment. Please carefully consider the investment objectives, risks, transaction costs, and other expenses related to an investment prior to deciding to invest. Ballast Rock Capital LLC (BRC), MEMBER: FINRA / SIPC. BRCs registered head office is 460 King Street, Suite 200, Charleston, SC, 29403. Tel: 800-204-2513. To check background information about BRC and its representatives, visit FINRAs BrokerCheck. Please see important disclosure information in our Form CRS.

Contact Details

For Ballast Rock

press@ballastrock.com

Company Website

https://www.ballastrock.com/

View source version on newsdirect.com: https://newsdirect.com/news/ballast-rock-announces-launch-of-sunbelt-multifamily-fund-iii-667665155

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Press Release

BYDFi to List GOAT Token, Exclusive Rewards for New Traders

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BYDFi, one of Forbes’ top 10 Crypto Exchanges, has announced the listing of Goatseus Maximus (GOAT) .

Celebrating this new listing, BYDFi is offering exclusive, limited-time rewards to both new and existing traders: share 2,000 USDT bonus + 1,000 GOAT!

Full details about these rewards and how to qualify are available on [official announcement].

What is Goatseus Maximus (GOAT)?

Goatseus Maximus (GOAT), the first meme coin on the Solana blockchain managed by an artificial intelligence known as “Truth of Terminal,” is breaking new ground in the world of digital assets. With a significant investment from Marc Andreessen(co-founder of a16z), GOAT has gained notable backing that highlights its potential to reshape the digital economy. The token is currently trading at $0.4316/ token with an impressive market capitalization of $432,79M. Despite its recent launch in the crypto market just a few days ago, Goatseus Maximus has quickly become the talk of the crypto town. One reason is that its coin price has surged 10,000 times in the past five days.

About BYDFi

Established in 2020, BYDFi is a top-tier crypto exchange recognized by Forbes and trusted by millions of users worldwide. Endorsed by CoinMarketCap and CoinGecko, it is known for its professionalism, innovation, and exceptional security. The platform offers more than 600 cryptocurrencies for spot trading and advanced options like 200x leverage on perpetual contracts. BYDFi prioritizes user security, provides 0% trading fees, and facilitates easy crypto purchases in partnership with Banxa, Transak, and Mercury. Its wide range of trading tools enhances the trading experience and makes BYDFi an ideal choice for crypto traders worldwide.

Contact:

BYDFi Media Manager

Chloe@bydfi.com

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Press Release

Protecting the Green and Beautiful Homeland to Make for Biodiversity

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Wenshan Prefecture is recognized as a treasure trove of species and genetic resources, both in China and globally. The academic community regards it as the “center of ancient plant distribution,” and it is the origin and modern distribution center for the Magnoliaceae family. This region is also known as the “Hometown of Magnolias in China.” Wenshan is home to extensive subtropical evergreen broad-leaved forests, karst forests, and unique cave ecosystems. It has been hailed as “An Oasis on the Karst Landform,”and “A Paradise of Biodiversity,”making it one of the most bio-diverse areas in Yunnan Province. In recent years, Wenshan Prefecture has been accelerating efforts to enhance its biodiversity protection capabilities, strengthening ecological space management, and effectively safeguarded the key ecosystems, habitats of rare and endangered wildlife, scenic areas, and biodiversity-rich regions.

Practicing the Green Development Concept to Achieve Significant Ecological Protection Results

Since 2011, Wenshan Prefecture has completed afforestation efforts covering 8.776 million mu (approximately 5.85 million hectares). Compared to 2016, the area of rocky desertification land has decreased by 226,800 hectares, with a forest coverage rate of 36.71% and the grassland vegetation coverage reaching 87.3%. Across the region, 27 nature reserves have been established, covering an area of 184,100 hectares, accounting for 5.86% of the total land area. Among these, there are 12 national-level reserves, 14 of provincial-level, and 1 of prefectural-level.

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Wenshan Prefecture currently has 416 recorded terrestrial wild animal species, of which 116 are listed under national key protection. There are 22 species of wild animals under first-class national protection, such as the slow loris, pangolin, and forest musk deer. Additionally, there are 94 species under second-class national protection, including the short-tailed monkey, Chinese goral, and silver pheasant. The region also boasts 7,907 species of wild vascular plants, with 224 species included in the national key protection list, representing 20.34% of the country’s total. There are 24 species of first-class nationally protected wild plants, such as Parashorea chinensis and Wenshan Red Orchid, and 186 species of second-class nationally protected plants, such as Aristolochia delavayi and Bole Tree. Wenshan has 57 plants species of extremely small populations, accounting for 47.5% of the national total and 56.44% of the provincial total respectively. The region also boasts 265 endemic plants, such as Manglietiastrum sinicum, Chinese Swamp Cypress, Michelia chapensis, Phoebe puwenensis, and Camellia reticulata. Moreover, Wenshan has 24 tea plant germplasm resource populations, covering an area of approximately 12,000 hectares with about 460,000 individual plants.

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Leading in Biodiversity Protection to Cement Ecological Security

Efforts have been made to enhance the monitoring and surveying of wild animal resources. In 2023, through sample line surveys, the Wenshan National Nature Reserve monitored 24 wild animal species, including the slow loris, pygmy loris, pangolin, masked palm civet, leopard cat, silver pheasant, golden pheasant, Yunnan Warty Newt, and Starry Torrent Frog. The monitoring recorded 61 bird species with 147 individuals, and 41 amphibian and reptile species with 341 individuals. Infrared cameras captured images of 20 species of ground-dwelling mammals from 9 families across 4 orders, and 58 bird species from 19 families across 5 orders. Among these, there were 2 species of second-class nationally protected wild mammals and 12 species of second-class nationally protected birds.

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In addition, rare and endangered plants such as Manglietiastrum sinicum, Acer yangbiense, and Cycas debaoensis have been introduced through experimental planting, with over 167 Manglietiastrum sinicum saplings, over 100 Acer yangbiense saplings, and over 30 Cycas debaoensis saplings planted. In collaboration with the Kunming Institute of Botany, Chinese Academy of Sciences, a baseline survey was completed for one hectare of mossy dwarf forest vegetation in the reserve. This survey provides a solid foundation for future re-evaluation and the assessment of ecosystem changes. Surveys were also conducted on 11 vegetation community sample plots and 13 key protected species plots, resulting in the collection of over 1,000 samples.

Utilizing Scientific Protection Achievements to Promote Harmonious Coexistence Between Man and Nature

Wenshan Prefecture has been actively working to shape a demonstration base for modern plateau agriculture focusing on the traditional Sanqi (Panax notoginseng) Chinese herbal medicine industry and the integrated development of grain, fruit, vegetable, and livestock farming. These efforts aim to promote sustainable and healthy agricultural development. Additionally, the region is fostering new integrated development models that combine culture, sports, tourism, and wellness, creating new scenarios, industries, and brands that inject fresh vitality into the tourism industry.

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The modern agricultural development represented by green food achieved vigorous growth. Wenshan has completed the construction of 117 demonstration areas of the “Six One-Hundred Bases” and 93 newly certified agricultural products under the “Three Products and One Standard” system. 14 provincial-level industrial bases have received recognition of  “Green Food Brand” standards.

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Focusing on the goal of becoming the global “City of Sanqi(Panax notoginseng),” Wenshan is advancing the entire Sanqi industrial chain, including planting, processing, trading, branding, and the listing of companies. The goal is to develop the Sanqi industry into a 100-Billion-Yuan industry. In 2023, the Sanqi planting area in Wenshan Prefecture reached 2.295 million mu, generating a comprehensive total output value of 17.895 billion yuan for Sanqi industry .

Wenshan Prefecture firmly upholds the development concept that “lucid waters and lush mountains and are invaluable assets.” With a deep-rooted foundation of green development, a beautiful landscape of ecological prosperity, thriving forestry, and prosperous livelihoods is gradually unfolding across the land of Yunnan.

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Crypto Forensics Company Launches “The Ultimate Guide to Recovering Stolen Cryptocurrency”

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Crypto Forensics Company, a leader in blockchain analysis and cryptocurrency investigations, is excited to announce the release of its comprehensive guide, “The Ultimate Guide to Recovering Stolen Cryptocurrency: Strategies and Tools Using Crypto Crime Investigations.” This essential resource is designed for victims of cryptocurrency theft, law enforcement agencies, and financial institutions looking to navigate the complex world of crypto forensics.

 

As the cryptocurrency market continues to grow, so does the prevalence of cybercrime targeting digital assets. According to recent reports, billions of dollars worth of cryptocurrency are stolen each year, leaving victims feeling hopeless and vulnerable. In response to this growing issue, Crypto Forensics Company has compiled a detailed guide that equips readers with the knowledge and tools necessary to recover stolen assets.

 

Key Features of the Guide:

 

1. In-Depth Analysis of Crypto Crime Trends: Understand the latest methods employed by cybercriminals to steal cryptocurrency, providing readers with insights into how to protect their assets.

 

2. Step-by-Step Recovery Strategies: Detailed, actionable strategies for victims to follow immediately after a theft occurs, increasing the chances of recovery.

3. Tools and Technologies: An overview of cutting-edge tools and technologies used in crypto forensics, including blockchain analysis software and tracking techniques.

 

4. Case Studies: Real-world examples of successful recoveries, showcasing the effectiveness of the strategies outlined in the guide.

 

5. Expert Insights: Contributions from leading experts in the field of crypto forensics, offering their perspectives on prevention and recovery.

 

 

“Our guide is a pioneering effort to provide individuals and organizations with the tools they need to combat cryptocurrency theft,” said Mr Mark, CEO of Crypto Forensics Company. “We understand the complexities of the blockchain and the emotional toll that losing digital assets can take. Our goal is to empower victims with knowledge and effective strategies for recovery.”

 

The guide is available for download on the Crypto Forensics Company website www.cryptocrimeinvestigation.com , along with additional resources and support for those affected by crypto crimes.

 

Victims of cryptocurrency theft often experience a range of profound emotional impacts, including:

 

1. Shock and Disbelief: Initially, victims may find it hard to accept that they have been targeted and that their assets have been stolen. This disbelief can lead to confusion and a sense of helplessness.

 

2. Anger and Frustration: Many victims feel intense anger towards the perpetrators, the cryptocurrency system, or themselves for falling victim to a scam. This frustration can manifest in various ways, including aggressive behavior or withdrawal from social interactions.

 

3. Anxiety and Fear: The fear of further financial loss or being targeted again can lead to chronic anxiety. Victims may worry about their financial future, potential identity theft, or the security of their remaining assets.

 

4. Depression: The loss of significant funds can lead to feelings of hopelessness and despair. Victims might experience a decline in self-esteem and a sense of failure, especially if they invested their savings or retirement funds.

 

5. Isolation: Victims may feel alone in their experience, especially if they believe others won’t understand or relate to their situation. This can lead to social withdrawal and a reluctance to discuss their experience with friends or family.

 

6. Distrust: Following a theft, victims often become wary of the cryptocurrency market and technology in general. This distrust can extend to financial institutions and online transactions, impacting their willingness to engage in future investments.

 

7. Guilt and Shame: Many victims grapple with feelings of guilt for not having taken better precautions or for trusting the wrong sources. This can lead to a cycle of self-blame that exacerbates their emotional distress.

 

8. Hope and Resilience: While the emotional impacts can be overwhelmingly negative, some victims may also experience a sense of hope and determination to recover their losses. This resilience can drive them to seek help, learn more about security measures, and take proactive steps to prevent future theft.

 

Overall, the emotional toll of cryptocurrency theft is significant, highlighting the need for support systems and resources for victims to cope with their experiences.

 

About Crypto Forensics Company:

 

Crypto Forensics Company is a pioneering organization dedicated to combating cryptocurrency crime through innovative forensic analysis and dedicated support. With a team of experts in blockchain technology and cyber investigations, the company is committed to helping victims recover their stolen assets and promoting a safer digital currency landscape.

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