CHICAGO , Dec. 12, 2024 /PRNewswire/ -- Green Courte Partners, LLC ("GCP"), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its sixth investment fund, Green Courte Real Estate Partners VI, LLC and its affiliates, acquired Cottages of Monroe , a 51-unit active-adult cottage community located in Monroe, Georgia , just east of Atlanta . The acquisition increases GCP's national senior living portfolio, which is managed by the firm's wholly owned operating platform, True Connection Communities, to 20 communities containing approximately 3,200 units. Matt Pyzyk , Managing Director at GCP, said, "We are excited to expand our portfolio and enter the Atlanta market with the acquisition of Cottages of Monroe , which has earned a strong local reputation and consistently maintained high occupancy rates. This gated community has been a key target for us due to its attractive location and the desirability of its single-story cottage product. With this acquisition, our senior living portfolio now includes approximately 650 cottages. We are actively pursuing opportunities to acquire or develop similar communities to expand our senior cottage portfolio." Randy Griffin , one of Green Courte's counterparties in the transaction, added, "We've had a long-standing relationship with GCP. They approached us directly and were able to structure a deal that accomplished our objectives. We were pleased with the timeline and outcome of the transaction." About Green Courte Partners, LLC Green Courte Partners, LLC is a Chicago -based private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors. The firm has active investments in the following sectors: active-adult/independent senior living, land-lease communities, industrial outdoor storage, and near-airport parking. The firm combines focused investment strategies with a disciplined approach to transaction execution, operations, and asset management. Green Courte's goal is to invest in high-quality real estate assets that will generate attractive risk-adjusted returns over a long-term holding period. For additional information, please visit Green Courte's website at www.GreenCourtePartners.com . About True Connection Communities True Connection Communities operates a high-quality portfolio of 20 active-adult and independent senior living communities, containing approximately 3,200 units located in 11 states, to meet the growing needs of Americans over the age of 55 seeking an active and engaged lifestyle. To deliver an exceptional resident experience, the company focuses on five key offerings: custom-designed fitness and wellness programs, creative chef-prepared meals made with the freshest seasonal ingredients, social activities designed for a life on the move, innovative educational programs, and state-of-the-art technology. To learn more, visit www.TrueConnectionCommunities.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/green-courte-partners-acquires-active-adult-community-located-in-atlanta-georgia-msa-302330844.html SOURCE Green Courte Partners, LLCColorado continues to work on defense, faces South Dakota State
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Mumbai, December 28: “Creation of the infrastructure is given more emphasis in the state and such the road, water and air connectivity are being strengthened in order to connect all the parts of the state with Air traffic. The work of expansion of all the existing airports should be accelerated. The state government and the union government will be providing all possible assistance,” said Chief Minister Shri Devendra Fadnavis. The meeting of the Board of Directors of the Maharashtra Airport Development Company was today held under the chairmanship of Chief Minister Shri Devendra Fadnavis at the Sahyadri guest house. Chief Minister Shri Devendra Fadnavis said that there is a lot of scope in increasing the air connectivity in the state and so along with the Civil aviation schemes of the union government, emphasis should be given by utilizing the state funds for the development of Airports, their expansion, night landing facilities, increasing the length of runways, providing modern facilities to the air passengers and like facilities. 🕑 2pm | 28-12-2024📍Sahyadri Guest House, Mumbai | दु. २ वा. | २८-१२-२०२४📍सह्याद्री अतिथीगृह, मुंबई. 💡CM Devendra Fadnavis chaired a meeting of 'Board of Directors of Maharashtra State Electricity Distribution Board Holding Company Ltd.' 💡मुख्यमंत्री देवेंद्र फडणवीस यांच्या... pic.twitter.com/ZFKGetkwR5 The Chief Minister also directed the Maharashtra Industrial Development Corporation to initiate action for taking the airports of the state in their position from the position of Reliance. He also said that in order to decrease the load on the airports of cosmopolitan cities, the Maharashtra Airport Development Company should initiate action at the war footing. The Chief Minister also reviewed the ongoing work of Airports at Ratnagiri, Shirdi, Amravati (Belora), Purandar, Karad, Chandrapur, (Morwa) Solapur, Dhule, Phaltan, Akola and Gadchiroli. The Chief Minister also took stock of the Memorandum of Understanding (MoU) related to 786.56 hectares of land for the GMR Nagpur International Airport under the Mihan region. He also directed to complete the MoU at the earliest. Additional chief secretary of the transportation department Sanjay Sethi, additional chief secretary of the finance department O P Gupta, principal secretary of Urban Development Department Aseem Kumar Gupta, Vice Chairman and Managing Director of CIDCO Vijay Singhal, Managing Director of Maharashtra Airport Development Company Swati Pandey, secretary of industries department Anbalgam, chief executive officer of MIDC Vallarasu, District Magistrate of Nagpur Vipin Itankar and others were present on the occasion.AHF Honors and Remembers Jimmy Carter as Human Rights Champion
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SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec 2, 2024-- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that it will participate in the following investor conferences in December: Webcast registration links will be available before each conference on SoundHound’s investor relations website at investors.soundhound.com . If you wish to receive company email notifications, please register here . About SoundHound AI SoundHound (Nasdaq: SOUN), a global leader in conversational intelligence, offers voice and conversational AI solutions that let businesses offer incredible experiences to their customers. Built on proprietary technology, SoundHound’s voice AI delivers best-in-class speed and accuracy in numerous languages to product creators and service providers across retail, financial services, healthcare, automotive, smart devices, and restaurants via groundbreaking AI-driven products like Smart Answering, Smart Ordering, Dynamic Drive Thru, and Amelia AI Agents. Along with SoundHound Chat AI, a powerful voice assistant with integrated Generative AI, SoundHound powers millions of products and services, and processes billions of interactions each year for world class businesses. www.soundhound.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241202763976/en/ CONTACT: Investors: Scott Smith 408-724-1498 IR@SoundHound.comMedia : Fiona McEvoy 415-610-6590 PR@SoundHound.com KEYWORD: CALIFORNIA ARIZONA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY AUDIO/VIDEO ARTIFICIAL INTELLIGENCE SOURCE: SoundHound AI, Inc. Copyright Business Wire 2024. PUB: 12/02/2024 04:37 PM/DISC: 12/02/2024 04:37 PM http://www.businesswire.com/news/home/20241202763976/en
ATLANTA (AP) — Already reeling from their November defeats, Democrats now are grappling with President Joe Biden’s pardoning of his son for federal crimes, with some calling the move misguided and unwise after the party spent years slamming Donald Trump as a threat to democracy who disregarded the law. The president pardoned Hunter Biden late Sunday evening, reversing his previous pledges with a grant of clemency that covers more than a decade of any federal crimes his son might have committed. The 82-year-old president said in a statement that his son’s prosecution on charges of tax evasion and falsifying a federal weapons purchase form were politically motivated. “He believes in the justice system, but he also believes that politics infected the process and led to a miscarriage of justice,” said White House press secretary Karine Jean-Pierre, who along with Biden and other White House officials insisted for months that Hunter Biden would not get a pardon. That explanation did not satisfy some Democrats, angry that Biden’s reversal could make it harder to take on Trump, who has argued that multiple indictments and one conviction against him were a matter of Biden and Democrats turning the justice system against him. “This is a bad precedent that could be abused by later Presidents and will sadly tarnish his reputation,” Colorado Gov. Jared Polis wrote of Biden on the social media platform X. “When you become President, your role is Pater familias of the nation,” the governor continued, a reference to the president invoking fatherhood in explaining his decision. “Hunter brought the legal trouble he faced on himself, and one can sympathize with his struggles while also acknowledging that no one is above the law, not a President and not a President’s son.” Rep. Greg Stanton, D-Ariz., said on X: “This wasn’t a politically motivated prosecution. Hunter committed felonies and was convicted by a jury of his peers.” Colorado Sen. Michael Bennet said Biden “put personal interest ahead of duty” with a decision that “further erodes Americans’ faith that the justice system is fair and equal for all.” Michigan Sen. Gary Peters said the pardon was “an improper use of power” that erodes faith in government and “emboldens others to bend justice to suit their interests.” Sen. Peter Welch, D-Vt., called the pardon “understandable” if viewed only as the “action of a loving father.” But Biden’s status as “our nation’s Chief Executive,” the senator said, rendered the move “unwise.” Certainly, the president has Democratic defenders who note Trump’s use of presidential power to pardon a slew of his convicted aides, associates and friends, several for activities tied to Trump’s campaign and first administration. “Trump pardoned Roger Stone, Steve Bannon, Michael Flynn and Paul Manafort, as well as his son-in-law’s father, Charles Kushner — who he just appointed US ambassador to France,” wrote prominent Democratic fundraiser Jon Cooper on X. Democratic National Committee Chairman Jaime Harrison said there “is no standard for Donald Trump, and the highest standard for Democrats and Joe Biden.” Harrison pointed to Trump’s apparent plans to oust FBI Director Christopher Wray and replace him with loyalist Kash Patel and suggested the GOP’s pursuit of Hunter Biden would not have ended without clemency. “Most people will see that Joe Biden did what was right,” Harrison said. First lady Jill Biden said Monday from the White House, “Of course I support the pardon of my son.” Democrats already are facing the prospects of a Republican trifecta in Washington, with voters returning Trump to the White House and giving the GOP control of the House and Senate. Part of their argument against Trump and Republican leaders is expected to be that the president-elect is violating norms with his talk of taking retribution against his enemies. Before beating Vice President Kamala Harris, Trump faced his own legal troubles, including two cases that stemmed from his efforts to overturn his defeat to Joe Biden in the 2020 presidential election. Those cases, including Trump’s sentencing after being convicted on New York state business fraud charges, have either been dismissed or indefinitely delayed since Trump’s victory on Nov. 5, forcing Democrats to recalibrate their approach to the president-elect. In June, President Biden firmly ruled out a pardon or commutation for his son, telling reporters as his son faced trial in the Delaware gun case: “I abide by the jury decision. I will do that and I will not pardon him.” As recently as Nov. 8, days after Trump’s victory, Jean-Pierre ruled out a pardon or clemency for the younger Biden, saying: “We’ve been asked that question multiple times. Our answer stands, which is no.” The president’s about-face came weeks before Hunter Biden was set to receive his punishment after his trial conviction in the gun case and guilty plea on tax charges. It capped a long-running legal saga for the younger Biden, who disclosed he was under federal investigation in December 2020 — a month after his father’s 2020 victory. The sweeping pardon covers not just the gun and tax offenses against the younger Biden, but also any other “offenses against the United States which he has committed or may have committed or taken part in during the period from January 1, 2014, through December 1, 2024.” Hunter Biden was convicted in June in Delaware federal court of three felonies for purchasing a gun in 2018 when, prosecutors said, he lied on a federal form by claiming he was not illegally using or addicted to drugs. He had been set to stand trial in September in a California case accusing him of failing to pay at least $1.4 million in taxes. But he agreed to plead guilty to misdemeanor and felony charges in a surprise move hours after jury selection was set to begin. In his statement Sunday, the president argued that such offenses typically are not prosecuted with the same vigor as was directed against Hunter Biden. “The charges in his cases came about only after several of my political opponents in Congress instigated them to attack me and oppose my election,” Biden said in his statement. “No reasonable person who looks at the facts of Hunter’s cases can reach any other conclusion than Hunter was singled out only because he is my son. ... I hope Americans will understand why a father and a President would come to this decision.” ___ Associated Press journalists Will Weissert aboard Air Force One and Darlene Superville, Mary Claire Jalonick and Michael Tackett in Washington contributed to this report.Shares of Stellantis N.V. STLA traded lower on Monday. In a move that has investors concerned and confused, CEO Carlos Tavares has resigned. This comes as a surprise because two months ago he said that he would retire in 2026. As you can see on the chart, shares have dropped over 40% this year. However, a potential bottom may be forming, making it our Stock of the Day. Markets don't like uncertainty. This means that nervous investors will probably continue to sell and put pressure on the shares. This could continue to force them lower. Yet, experienced traders can identify key price levels, creating opportunities to profit. Read Also: Stellantis Market Value Halves In 2024: Why CEO Tavares’ Exit Could Take Things From Bad To Worse They know that when a stock heads lower and reaches a support level there is a good chance the selloff ends. They also know that stocks tend to rally after they drop to support. As you can see on the chart, the $11.50 level supported Stellantis in June and July. There is a good chance this level will become support once again. Support levels can remain intact because of “seller's remorse.” Some traders and investors sold when the shares hit support, but when the stock quickly moved higher, many regretted their decision to sell. Some decided to buy back their shares—if they could acquire them at the same price they were sold. So, when the stock eventually reversed and returned to the selling price, they placed buy orders. This large concentration of buy orders caused support to form at the same price that had previously been support. This has happened at the $11.50 level for STLA. Stocks often rally after reaching support, and that could be the case here, presenting potential profit opportunities in the coming days. This typically occurs when investors and traders who established the support through buy orders become nervous, knowing the sellers will move to the highest bidder. They don't want to miss out, so they increase their bid prices. Other nervous buyers see this and do the same. This can result in a snowball effect, forcing the shares into an uptrend. It may be too soon to take a position in Stellantis, but some savvy traders will be looking for a rally and an opportunity to profit if the stock reaches the important support level and potentially reverses. Read Next: S&P 500 At 6,666 In 2025? Bank Of America Predicts ‘Another Good Year For Equities’ Photo: MikeDotta/Shutterstock.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
