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

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–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

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TheMoonMemes Project Presents a New Utility-Packed Meme Token with Staking Feature

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Panamá City, Panamá, 2nd July 2024, ZEX PR WIRE, The team at TheMoonMemes is happy to announce its latest utility-packed meme token, $TMM. The project openly aims to empower creators and unite communities through humor and inclusivity. This new meme-based community cryptocurrency will introduce various features to the Web3 sector. 

Above all, the staking system will provide a robust way for the community to earn rewards by securing the network. The team’s clear roadmap and strong vision are at the project’s core to make memes matter.

Empowering Meme Creators and Crypto Fans with Staking Rewards

The core of TheMoonmemes’ mission is to empower meme creators and support their growth. One way the team is achieving this goal is through its robust staking system. By staking their tokens, community members can earn passive income and contribute to the network’s stability and security. 

The process is simple: crypto enthusiasts deposit their TheMoonMemes tokens into the staking platform, locking them up for a set period. In return, investors receive a part of the network’s transaction fees and newly minted tokens. This trick is an incentive for community members to hold onto their tokens and helps grow and secure the network.

But why stake with TheMoonMemes? For one, it offers an opportunity for passive income. By staking tokens, anybody can earn regular rewards without checking their trading app once every five minutes to invest funds.

Moreover, staking with TheMoonMemes means supporting the network itself. The idea is not hard to get: the more tokens staked, the higher the strength (and resilience) of the community. And as TheMoonMemes grows, so may the rewards for all stakers.

But that’s not all – stakers also get exclusive benefits such as access to community events and NFT drops. This is a nice add-on for crypto enthusiasts looking to diversify their portfolio and join a new meme-based community. 

Exciting Future Plans and Tokenomics

There are five phases within the development roadmap for TheMoonMemes token. 

In Phase 1, the team focused on conceptualization and planning while defining the purpose and utility of the token. TheMoonMemes also assembled a motivated work team, launched its website, deployed contracts, and opened its social media channels.

In Phase 2, the team shifted its focus towards developing the token itself. In this sense, the team successfully passed a smart contract audit at Coinsult.

As TheMoonMemes gains initial growth in Phase 3, professional marketing strategies will be implemented. By this time, the token will go live on DEXs and popular tracking platforms like DEXTools, CoinMarketCap, and CoinGecko. The team will also focus on expanding its reach through partnerships and a dedicated community rewards program.

Phase 4 will see further expansion and innovation for the project. Specifically, the team will launch its staking-and-reward system and an NFT marketplace for meme-inspired creations. The developers will continue to enhance platform features based on community feedback. Furthermore, the team intends to form strategic partnerships with influencers and other blockchain projects.

In Phase 5, the long-term vision for TheMoonMemes token will come to life. This includes further developing the “Memeverse” with new tools and opportunities for creativity. The team will also promote social impact initiatives and help grow a global community of meme creators.

In this context, a look at the project’s tokenomics (or “Moonomics,” as the team calls it) is surely necessary. 

The project’s token supply is equal to 100,000,000,000 coins. In terms of token distribution, the project team has some clear ideas to share. For instance, the fact that 1/4 of the coins will go to the project’s treasury is interesting. And setting up a 20% pool for the staking operations is also a solid move.

The project’s whitepaper shares additional information about the token and its planned allocation.

About TheMoonMemes

TheMoonMemes is a new project based on an ERC-20 token built on the Ethereum network, inspired by meme culture. As an ecosystem, TheMoonMemes supports a large community of meme creators, enthusiasts, and crypto fans.

The mission of TheMoonMemes is to merge the limitless potential of blockchain technology with the humor and creativity of memes. This empowers people passionate about memes, bringing them together in one united community.

Anyone wishing to learn more about what sets TheMoonMemes apart need only visit the team’s website. Moreover, TheMoonMemes’ social links below provide quicker access to its community.

X (Twitter) | Telegram

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Press Release

2024 indibrand, HOTSORRY, Going Global with ‘Clean Beauty’ that Cares for Your Skin and the Planet

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High-Quality Clean Beauty Products Boosting Skin Improvement with Good Ingredients, All at Affordable Prices

[COS’IN Korea, Reporter Han Ji-won] With the rising trend of clean beauty products made from skin- and eco-friendly ingredients, ‘HOTSORRY’ is gaining attention for offering products that promote healthy skin and natural beauty.

 

‘HOTSORRY’ is a skin solution cosmetic brand launched by global cosmetics vendor ICK. The products of ‘HOTSORRY’ are characterized by their blend of premium botanical ingredients and scientific compounds, excluding harmful substances and including only healthy components to restore the skin’s natural beauty. These good ingredients help improve the skin while keeping prices affordable.

 

The flagship product, ‘Intensive & Green Tea Natural Sun Cream,’ is a hybrid sunscreen combining organic and inorganic UV filters. It offers a lightweight application without stickiness, pilling, or white cast, while providing moisturizing, nourishing, and UV protection benefits all at once.

 

The ‘Vernici Hyaluronic Acid Serum’ is a high-concentration serum containing hyaluronic acid, vitamin B3, and vitamin B5. These ingredients create a powerful moisture barrier, keeping the skin hydrated and firm.

 

‘HOTSORRY’ is making a mark in countries such as the USA, Malaysia, Singapore, and the Philippines. The brand has achieved notable success on the Amazon platform with cumulative sales of 80,000 sheet masks and has gained popularity on Shopee and Lazada as well. As a result, last year’s product sales tripled compared to 2022.

 

The HOTSORRY team stated, “Drawing from our experience as a cosmetics distributor, we aim to become a memorable brand that many people can purchase with ease and satisfaction.”

 

shopee.co.th – https://shopee.co.th/yaocos.th

lazada.sghttps://www.lazada.sg/shop/yaocoskr

.ebay.comhttps://www.ebay.com/str/ickcosmetic

 

 

Company Name : ICK Corporation.   

Name: Mira Park

Email: [email protected]

Division : Management Support Dept.

Address: #818, 37, Poeun-daero 59beon-gil, Suji-gu, Yongin-si, Gyeonggi-do, Republic of Korea

Phone : 070-7779-1513

Website: https://www.yaocos.com/

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Brett Launches its $BRETT Memecoin on TON Blockchain With a Splash of Fun and Humor.

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Brett Launches its $BRETT Memecoin on TON Blockchain With a Splash of Fun and Humor.

Brett, a leading memecoin sensation platform, has announced the launch of its $BRETT memecoin on TON (The Open Network) blockchain, inspired by Matt Furie’s quirky character, Brett. 

In the latest record, Brett launches its $BRETT memecoin on TON blockchain, aims to revolutionize the crypto industry, and brings fun and humor to the crypto world. The platform’s $BRETT token intends to combine the playful spirit of Furie’s artwork with the power of blockchain technology. The platform allows users to enjoy the fun with $BRETT and be part of the mem revolution in the digital currency.

As a built-on TON blockchain, the crypto token offers opportunities to crypto enthusiasts while engaging in the realm of cryptocurrency. $BRETT brings a community of changemakers and allows individuals to participate in a global community committed to making a difference. The crypto token is dedicated to lightning-fast transactions with minimal fees that ensure their contributions are transparent and traceable for individuals in the crypto industry. The TON’s focus on user privacy aligns with the values of the $BRETT community, offering a safe and reliable ecosystem for trading and interacting.

In addition, the platform leverages blockchain technology and is poised to give the tokenized experience to its token holders, ushering in a new era of inclusivity and transparency. $BRETT token contract is refilled, liquidity is locked and 15% from its total tokenomics is burnt. By fostering innovation, Bret focuses on tokenization and distribution which is highlighted by the digital token on a decentralized ledger. The platform’s team of professionals underscores the need for cryptocurrency and seeks to create an environment for every user to participate and enjoy the experience of being part of the memecoin community.

Consequently, as a digital asset, the $BRETT token serves as the cornerstone of the ecosystem. The platform’s memecoin leads the way to financial success and intends to combine the world of crypto and blockchain to develop an investment opportunity.

About Brett:

Based on the TON (The Open Network) blockchain, Brett is a leading platform that aims to leverage the power of blockchain technology for crypto enthusiasts. To foster a vibrant community, the platform makes a tangible impact on the world. The platform has a vision to create a thriving community of individuals united by a shared commitment to making the world better.

Additionally, Solama dev SOLAMA developer launched brett on Thornchain Solama hit a market cap of 140 million market cap on the Solana chain now the developer Is making his debut on the TON blockchain.

CMC: https://coinmarketcap.com/currencies/brett-ton/

Telegram: t.me/brettcointon

Website: realbrettcoin.com

X: https://x.com/realbrettcoin

TikTok: tiktok.com/@realbrettcoin

Youtube: youtube.com/@realbrettcoin

Instagram: instagram.com/realbrettcoin

Media details:

Person Name: Johny Towens

City: Amsterdam

Webmail: [email protected]

Company Name: Brett TON

SOURCE: Brett

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