Connect with us

Press Release

StarPoint Properties Sells Opportunity Zone Property and delivers a tax-free 242% ROI

Published

on

–News Direct–

StarPoint Properties, a leading real estate investment firm known for delivering above market and asymmetrical returns, today announced the close of a $49.5 million sale of 6th Street Point, a new 179,000 SF industrial property located on a 9.8-acre site at 24712 6th Street, San Bernardino, California. The buyer for the Opportunity Zone (OZ) project was a global institutional real estate firm

Designated by the US Government in 2017, Opportunity Zones were created to spur economic growth and job creation in lower income communities while providing tax benefits to investors.

While most OZ investments are planned for a 10-year hold, our Prime and Prime OZ Program, is able to maximize returns on this investment in just three years, said Paul Daneshrad, CEO and Founder of Starpoint Properties. As a result, by selling now and rolling these funds into multiple other investments, well be able to pursue future projects that will continue to yield the highest returns possible for our investors.

The first OZ sale for the firm, this stands out as one of the few full cycle OZ sales in the marketplace to date. At a 242% ROI, following the firms acquisition of the land for $6.5 million in 2020, the sale clearly demonstrates StarPoints ability to execute on its Prime and Prime strategy and sets a trend for future OZ investments to come.

The sale highlights the success of StarPoint Properties' approach to OZs through their Prime and Prime program, which focuses on targeting the two strongest asset classes multi-family and industrial as well as sourcing the strongest locations and delivering the highest returns by optimizing assets and capital. The firm plans to roll the profits into multiple investments which they already have in place throughout Colorado and Arizona.

The location of this project, adjacent to the San Bernadino International Airport in the heart of the Inland Empire, currently has less than a 2.9% vacancy rate and is considered one of the most sought-after warehouse/distribution markets in the county. The property includes in-demand amenities including 36 ft. clear heights, built-in dock-levelers, and wiring for roof solar panels and electric forklifts. Located in an unparalleled industrial submarket, 6th Street Point will be a highly valued asset for corporate tenants within logistics, automotive and manufacturing industries.

In todays real estate investment market, it is critical that investors work with a firm that is diligent, creative yet intelligent in their approach to all phases of the deal cycle, from acquisition through execution to disposition, emphasized Daneshrad. It is the only way to maximize returns and keep investments safe.

StarPoint Properties is a leading real estate investment and operating company focused on the acquisition, development and redevelopment of undervalued commercial properties in high-growth sub-markets throughout the United States. Since its inception in 1995, StarPoint has transacted over $2.0 billion in commercial and multifamily real estate. It operates a portfolio valued at more than $1 billion. For more information, visit www.starpointproperties.com.

Contact Details

The Hoyt Organization

Kelly Reynolds

+1 310-343-3197

[email protected]

Company Website

https://starpointproperties.com/

View source version on newsdirect.com: https://newsdirect.com/news/starpoint-properties-sells-opportunity-zone-property-and-delivers-a-tax-free-242-roi-272358142

StarPoint Properties

comtex tracking

COMTEX_439707403/2655/2023-09-07T12:00:06

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Sastanaqqam Unveils Global Expansion Initiatives with $1,000,000 Airdrop, Launchpad Listings, and Private Sales

Published

on

Dubai, UAE, 4th July 2024, ZEX PR WIRE, Sastanaqqam, a pioneering Polygon-based Web3 ecosystem, is excited to announce a series of groundbreaking initiatives aimed at expanding its global footprint. These initiatives include a $1,000,000 airdrop campaign, strategic launchpad listings, and

successful private sales. Designed to reward its loyal community and attract new members, these efforts underscore Sastanaqqam’s commitment to creating a valuable and engaging ecosystem.

Campaign Overview Total Airdrop Value:

  • $1,000,000 in $Bloo tokens
  • $10,000 in USDT

Airdrop Structure:

  1. Community Acquisition Airdrop: A one-time airdrop to welcome new members.
  2. Daily Airdrop for Community Retention: Daily rewards for continued engagement.
  3. Monthly Airdrop for Best Community Members: Monthly recognition and rewards for top members.
  4. Final Airdrop: Special rewards for members who achieve 5000 points.

Points System:

  • Earn Points: Engage with the platform, participate in daily tasks, and accumulate points.
  • Leaderboard: Points will determine leaderboard positions, influencing monthly and final airdrop rewards.
  • Daily Tasks: Exciting daily tasks designed to keep the community engaged and motivated.

Reward Distribution:

  • General Campaign: $500,000 worth of $Bloo tokens will be distributed between July 5th and September 15th, accessible to everyone.
  • Final Airdrop: Another $500,000 in $Bloo tokens reserved for final rewards to top members.
  • USDT Rewards: $10,000 in USDT to be distributed throughout the campaign.

Participation Instructions:

  1. Join the Community: Connect with Sastanaqqam on various platforms.
  2. Engage and Earn Points: Complete daily tasks, interact with content, and earn points.
  3. Climb the Leaderboard: Accumulate points to enhance chances of winning in monthly and final airdrops.

Why Participate?

  • Exclusive Rewards: Early access to $Bloo tokens and USDT.
  • Engagement and Fun: Participate in engaging tasks with daily surprises.
  • Community Building: Connect with like-minded individuals and contribute to a thriving community.

About Sastanaqqam: Sastanaqqam is an ecosystem where art, DeFi, education, and gaming intersect, powered by its native $Bloo token. It aims to bring the advantages of Web3 and blockchain technology to users with a familiar, user-friendly interface. Key projects under Sastanaqqam include:

  • Artiziri: A curated NFT marketplace democratizing digital art for creators and collectors.
  • Sastanawallet: A non-custodial wallet supporting all Sastanaqqam platforms.
  • WalletJR: An educational financial platform for young users to learn about DeFi and Web3.
  • SastaPlay: A skill-based “Rank to Earn” gaming platform.

Partnerships: Sastanaqqam has established strategic partnerships with NOWPayments, Simplex, Mercuryo, BrightNode, Unicsoft, CDN, Ǫubstudio, Luna, Muse, Boosty, and Zex PR to bolster its ecosystem and ensure a seamless user experience.

Social Media Growth: Sastanaqqam has experienced rapid growth across its social media platforms, reflecting the strong community interest and engagement. Our Twitter followers have surged to 26,400, Telegram followers have reached 29,300, and our

Discord community now boasts 4,000 members. This explosive growth demonstrates the increasing interest and trust in the Sastanaqqam ecosystem.

Listing and Private Sales: The journey to listing $Bloo tokens has been meticulously planned to maximize value and accessibility. Our private sales have garnered significant interest from early investors, further solidifying the confidence in our project. The upcoming listings on major launchpads such as Kommunitas and GemPad are highly anticipated, setting the stage for a successful entry into the market. Subsequent listings on prominent exchanges like MEXC and Coinstore will provide liquidity and accessibility to a broader audience.

Community Metrics:

  • Twitter Followers: 26,400
  • Telegram Followers: 29,300
  • Discord Followers: 4,000

Useful Links:

With this comprehensive airdrop campaign, Sastanaqqam continues to demonstrate its commitment to creating a valuable and engaging ecosystem for its community. Join us today and be a part of the future of art, DeFi, and gaming!

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

ScottyTheAi Going Multi-chain, in Efforts to Complete the Blockchain Takeover.

Published

on

Scotty launching on SOL

London, England, 4th July 2024, ZEX PR WIRE, In a bid to enhance visibility and market appeal to traders, ScottyTheAi has started embracing the multichain expansion.  SCOTTY will hold its highly anticipated private sale for the current 12,300ScottyTheAi Holders, that will be followed by a public presale prior to launching on the Solana Chain.ScottyTheAi SOL will have a max of 1.25Bil tokens where 30% will be available through private and public presale, 15% CEX & listings, 15% community rewards / p2e game, 10% partnerships, 10% marketing, and 20% staking.  Once these are gone no more will be available.  SCOTTY launched first on the ETH network gaining over 500% gains for early investors in presale.  Staking will also be available through a third-party staking company.  Having the multichain functionality will play a significant role in making Scotty poised for long-term sustainability & an increased holder base. We want to advise that Solana currently has a fake Scotty listed and we have no affiliation with it.  The alignment of ScottyTheAi SOL will be addressed on all official socials once completed and followed up with an updated press release and on the official website. CMC, and Coin Gecko profiles will be updated also.

logo

Multiple partnerships have been signed and another large one is in the works.

Recent signed partnerships such as PrecipitateAI is a vital component of the ScottyAI ecosystem,specializing in predictive analytics using advanced AI algorithms.  This will help users make informed decisions in the cryptocurrency space by analyzing market trends and identifying opportunities.$XEROAI within the ScottyAI ecosystem enhances decentralized finance solutions, improving transactionefficiency and security.  It enables secure peer-to-peer transactions, smart contract executions, and liquidity provision, elevating user experience and decentralized financial services in ScottyAI.

Chainback guarantees data security through encryption and decentralized storage.  It protects userinformation on the blockchain, enhancing trust and transaction security.  Additionally, Chainback facilitates seamless and secure token swaps within ScottyAI, ensuring efficient and transparent exchange functionalities for users.

Quart AI enhances ScottyAI with advanced artificial intelligence for data analysis and forecasting.  Itempowers users with valuable insights, aiding decision-making in the digital finance realm.  Quart AI’s predictive analytics tools optimize strategies within ScottyAI, enabling users to maximize investment potential.

Xalpha in ScottyAI boosts investment strategies through advanced portfolio management, enabling users to optimize decisions and enhance investment efficiency in the cryptocurrency market.Finally, through advanced algorithms and machine learning, the AI Auditor may detect anomalies, prevent fraud, and provide real-time insights for secure and transparent real estate transactions on the Brickblock platform.

Launching on Gate.io

With the highly anticipated planned launch on Gate.io, a top 5 exchange, this will bring huge marketing and put ScottyTheAi in the eyes of many new investors. One can anticipate that crossing thismilestone and being on, yet another CEX along with (MEXC) https://www.mexc.com/price/SCOTTYAI can only mean bigger things to come soon.ScottyTheAi is currently listed on MEXC under $SCOTTYAI and on Bilaxy under $SCOTTY.

Scotty Dawg Pound P2E game on verge of launch

ScottyTheAI game combines innovative blockchain technology with engaging gameplay, offering players a secure and transparent player vs player gaming experience.  The integration of Scotty’s native cryptocurrency allows for in-game staking transactions, and rewards, creating a dynamic anddecentralized economy within the game’s ecosystem.Players have the chance to immerse themselves in a world where their decisions directly impact theirgameplay and potential rewards.  Unique and exciting blockchain-based gaming brings togetherentertainment and financial potential in a seamless and interactive environment.

Website: https://scottytheai.com/en

Twitter: https://x.com/ScottyThe_Ai

Telegram: https://t.co/ms1HI3QI4O

Scotty McBark

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Citizens Commission on Human Rights Featured in Nashville

Published

on

Nashville, Tennessee, 4th July 2024, ZEX PR WIRE, The Citizens Commission on Human Rights (CCHR) participated last weekend in a vibrant event in Nashville where they helped community members gain valuable information about parents’ rights in mental health.

Many representatives from CCHR were present to distribute informative materials and answer questions about parents’ rights regarding mental health. The organization is dedicated to protecting individuals from abusive or coercive mental health practices and ensuring that parents are fully informed about their rights and options when it comes to the mental health care of their children.

CCHR invited all attendees to visit their exhibit, where they learned more about their rights, received educational materials, and discussed any concerns about mental health practices. Additionally, informative documentaries played right there on the spot to help people understand abusive mental health practices and understand how they can take action.

Having wrapped up their presence in Nashville, CCHR is now moving on with its traveling exhibit, next going to Georgia, Ohio, and Texas, but will likely revisit Tennessee soon.

For more information about the Citizens Commission on Human Rights, visit cchrnashville.org or cchr.org.

About the Citizens Commission on Human Rights (CCHR):

The Citizens Commission on Human Rights is a nonprofit organization dedicated to investigating and exposing psychiatric violations of human rights. Established in 1969, CCHR works to protect individuals from abusive or coercive practices and advocates for the rights of mental health patients and their families.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST