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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

Ballast Rock

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Press Release

By The Barnyard Gate Provides a Joyful, Nurturing Environment for Early Childhood Learning in Sachse, TX

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At By The Barnyard Gate, we believe in cultivating a joyful and secure environment where children can thrive both academically and personally. The school prioritizes essential values such as responsibility and courtesy, all while providing children with a safe space to explore their creativity, from artistic activities like painting to playful singing sessions.

Sachse, TX, United States, 23rd Oct 2024 – By The Barnyard Gate, a private school in Sachse, TX, is proud to announce its innovative and caring approach to early childhood education. The school’s dynamic programs, which include Fun Shine Express Buttercups, Fun Shine Express Fireflies, and McGraw DLM Early Childhood Express, offer a comprehensive learning experience designed to inspire a lifelong love for learning in young children.

At By The Barnyard Gate, we believe in cultivating a joyful and secure environment where children can thrive both academically and personally. The school prioritizes essential values such as responsibility and courtesy, all while providing children with a safe space to explore their creativity, from artistic activities like painting to playful singing sessions.

“We strive to create a space where kids can truly be kids,” said Blake Simpson, owner of By The Barnyard Gate. “By engaging their natural curiosity and offering a nurturing environment, we help them grow into well-rounded individuals, prepared for future success.”

Comprehensive Early Childhood Programs

By The Barnyard Gate offers a wide range of specialized programs to meet the diverse developmental needs of children:

Fun Shine Express Buttercups: This program for infants and toddlers provides activities that boost physical, intellectual, and social growth across key domains like Language, Physical, Cognitive, and Social-Emotional Development.

Fun Shine Express Fireflies: A monthly preschool curriculum that covers essential topics such as Alphabet, Language, Music, Hands-On Math, Science, and Social activities, promoting engagement and holistic growth.

Fun Shine Express Faith Lessons: This non-denominational program presents 12 Bible stories each year, divided into five lessons per month, vividly displayed to help children connect with the teachings of the Bible.

McGraw DLM Early Childhood Express: A comprehensive learning system that focuses on Reading, Math, and other core subjects, laying the foundation for a lifetime of academic success.

With outdoor playgrounds designed to build motor skills and a large indoor playland for rainy days, By The Barnyard Gate ensures that every day is filled with fun, exploration, and learning.

For more information about By The Barnyard Gate and its programs, visit www.thebarnyardgate.com or contact us at (972) 552-2276 or via email at Barnyardgatesachse@yahoo.com.

Media Contact

Organization: By The Barnyard Gate

Contact Person: Blake Simpson

Website: https://thebarnyardgate.com/

Email: Send Email

Contact Number: +19724950416

Address: 4701 Bunker Hill Rd, Sachse, TX 75048

City: Sachse

State: TX

Country: United States

Release Id: 23102418775

The post By The Barnyard Gate Provides a Joyful, Nurturing Environment for Early Childhood Learning in Sachse, TX appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Coin Captain Launches Revolutionary “Spin to Airdrop” Game on Telegram

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Coin Captain Introduces Innovative Play-to-Earn Platform in the TON Ecosystem

Coin Captain (@CoinCaptainAnn) has released its eagerly-awaited game on the Telegram platform and has integrated a completely new ‘Spin to Airdrop’ mechanism for the TON community fans. Still, this relatively new addition to the play-to-earn genre already has more than 810,000 users and is rapidly closing in on the 1m+ mark within the blockchain games space.

The central mechanism of the Coin Captain app is the Lucky Wheel within which players use spin energy to receive gold coins and more spin energy. These gold coins serve a dual purpose: it also forms the basis of in-game money, currently defines who gets access to future token airdrops and brings an element of strategy into the game.

Key features of Coin Captain include:

  1. Lucky Wheel: Players spin to earn gold coins and spin energy.
  2. Treasure Boxes: Unlocked when the energy bar fills, offering rewards including cash prizes up to 500 USDT.
  3. Daily Tasks: Encourage regular engagement with rewards for actions like logging in and inviting friends.
  4. Automatic Energy Replenishment: The system provides spin energy every 10 minutes, ensuring continuous gameplay.
  5. Invite System: Players earn additional spin energy for each friend they bring to the game.

Coin Captain has formed strategic alliances within the crypto and gaming sectors to expand the game’s reach and offer additional value to players:

  1. Taptap_Pinky: A charitable initiative inspired by MrBeast, rewarding users for screen taps.
  2. Pumpad IDO: Offering potential access to $tBOL tokens for Coin Captain players.
  3. Sidekick: A Binance Labs-backed project focusing on social and gaming consolidation.
  4. Packet Gift: A social gifting platform that complements Coin Captain’s reward structure.

These collaborations aim to enhance the gaming experience and position Coin Captain at the intersection of gaming, social interaction, and charitable giving.

The development team has outlined a roadmap for the coming months:

  • Q1: Focus on basic game mechanics, daily rewards, and community building.
  • Q2: Introduction of the “Spin to Earn” feature and announcement of additional partnerships.
  • Q3: Implementation of an in-game wallet and the token airdrop (TGE).

Plans include more rewards for the Lucky Chest and time-limited events to keep the gameplay fresh and engaging.

Since its launch, Coin Captain has seen growth in its community. The game’s official Telegram channel (@CoinCaptainAnn) and community group (@coincaptainofficial) have become active hubs, with players sharing strategies and discussing the game. The Twitter account (@coincaptain_ton) serves as a platform for announcements and community engagement.

The launching of Coin Captain brings them a new leap in combining blockchain technology with casual games. Using Telegram’s popularity, and the increased interest in the TON ecosystem, the Coin Captain wants to familiarize users with play-to-earn and blockchain gaming.

The case of the airdrops in the game and using the in-game performance as a qualifier would be a blueprint for the supply of tokens in the gaming industry. Unlike other models, this one promotes engagement, and practice, rather than guessing or speculation.

As Coin Captain ventures deeper into blockchain gaming, it takes a unique approach to how the ecosystem fosters interaction and incentives. Based on the landing page, the system’s interface, potential partnerships, and all the promises of actual earnings, Coin Captain is ready to provide solutions in the play-to-earn industry.

Players interested in joining Coin Captain can start by visiting the official Telegram bot: @CoincaptainGameBot.

About Coin Captain

Coin Captain is essentially a TELEGRAM-based P2E game that is centered in the TON blockchain. The idea of the Coin Captain is to combine the entertainment of “Spin to Airdrop” and partnerships with companies in the casual gaming business, based on its reliance on blockchain technologies.

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Press Release

Trivolve Tech and Quixy joins hands to Revolutionize Forensic Systems in India on Cardano

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Hyderabad, India, 22nd October 2024, ZEX PR WIRE, Trivolve Tech, a blockchain and AI product studio and Quixy, a leader in no-code/low-code enterprise solutions, , have officially partnered to co-develop cutting-edge forensic management systems for state governments across India. This collaboration aims to revolutionize the handling and integrity of forensic evidence by integrating Cardano blockchain technology and Zero-Knowledge Proofs (ZKP) into evidence management systems.

The project will initially focus on the Uttar Pradesh state government, which handles over one million forensic cases annually. The key objective is to enhance the forensic chain of custody—a process crucial for ensuring the authenticity and integrity of forensic evidence presented in court.

Addressing the Challenges in Forensic Evidence Management

Forensic departments in India face significant challenges in maintaining the chain of custody for evidence. Current centralized systems are vulnerable to tampering and unauthorized access, posing risks to the credibility of evidence in legal cases. The joint venture between Quixy and Trivolve Tech addresses these challenges by developing a decentralized solution leveraging Cardano’s smart contracts and Zero Knowledge Proofs. This approach ensures that every step in the chain of custody is immutably recorded on the blockchain, providing an unprecedented level of transparency and security.

Integrating Cardano Blockchain for Enhanced Security and Scalability

Cardano, one of the most decentralized and sustainable blockchain platforms, will be integral to the forensic management system through its cryptographic hashing. Cardano operates on a proof-of-stake (PoS) consensus mechanism, which makes it 99.99% more energy-efficient than Bitcoin and Ethereum. This sustainability, coupled with security, positions Cardano as an eco-friendly option for large-scale projects like this one.

Rahul Konudula, CEO of Trivolve Tech, commented, “By integrating Cardano blockchain with forensic management, we are providing a game-changing solution that improves transparency, accountability, and security for law enforcement agencies. This collaboration could set the standard for forensic evidence management across India’s 28 states and 8 union territories.”

About Quixy

Quixy is a no-code/low-code platform that helps organizations automate business processes and build enterprise applications faster with fewer resources. With over 26,000 no-code apps and 200,000 users, Quixy is one of India’s leading software companies.

About Trivolve Tech

Trivolve Tech is a product development studio solving real-world problems through Blockchain and AI. They integrate blockchain into enterprises and government operations, driving innovation and sustainable growth while enhancing liquidity by tokenizing Real World Assets.

For more information, please visit:
Quixy – https://quixy.com/

Trivolve Tech – https://trivolvetech.com/

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