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October 04, 2023 07:00 AM Eastern Daylight Time
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News ReleaseBenzinga
By Rachael Green, Benzinga As demand for renewables continues to grow amid soaring fossil fuel prices and increasingly unreliable grid infrastructure, Correlate Energy Corp. (OTCQB: CIPI) seems to be positioning itself as a key player in the emerging clean energy market. The distributed energy company that provides custom clean energy solutions at no upfront cost to commercial customers reported over $4.1 million in revenue in its second quarter, representing a significant increase over the same quarter last year when it brought in $236,690 in revenue. Here’s a look at how Correlate’s business model works and what it’s looking forward to in the months ahead. Correlate Removes The Barriers Of Cost And Complexity When Transitioning To Renewable Energy Correlate’s service starts with an in-depth audit of a customer’s existing energy usage and goals. From there, the distributed energy company develops a customized operating strategy that might include a mix of solar installations, battery storage and other microgrid infrastructure along with energy efficiency upgrades and utility contracts. That mix is tailored to the company with the goal of not just helping it transition to clean energy but doing so in a way that both cuts costs and generates positive cash flow. Once the strategy is finalized, Correlate takes it a step further by collaborating with its existing network of solution providers and co-developers to actually implement those solutions at a cost-effective price, nationwide – while also often providing 100% financing so that Correlate’s customers aren’t paying any upfront costs. In May, for example, Correlate announced that it had secured $11.9 million in financing to build a 5.2-megawatt solar project for the EnerSys headquarters in Reading, Pennsylvania. Installation began in Q3, and when completed, it will become one of the largest commercial solar installations in Pennsylvania to date. In July, the company announced a joint venture with eDGe Renewable Partners to deploy up to $100 million in initial financing as well as technical and engineering resources to support solar energy projects and microgrid infrastructure nationwide for partners. After implementation, Correlate continues to work with that customer to monitor and maintain that new energy system using the company’s proprietary systems. For customers, this model eliminates the complexity, time and upfront costs of transitioning to clean energy. For Correlate, it helps reduce that initial resistance to making that transition while forming multiyear relationships with customers that could yield future sales opportunities. Renewable Energy Is Rapidly Becoming More Affordable Over The Long Term Compared To Fossil Fuel In an interview with Financial Survival Network, Correlate CEO Todd Michaels spoke about the rising costs and increasing volatility and unpredictability that come with existing non-renewable fuel sources like oil, coal, or natural gas. “The compounded average increase on electricity is 7% right now,” Michaels said. “It might go down one year because of some change. But on a compounded basis, it has never gone down since the 70s.” Meanwhile, a renewable source like solar has not only gotten cheaper over the years as technology advances, it gets even cheaper over the long term because generating your own power eliminates the risk of fluctuating fuel input costs. Moreover, with a microgrid – a series of technologies that give you the option to switch between pulling power from the grid or pulling it from your power source – you’re no longer at the mercy of a centralized grid that could be taken down by, say, a wildfire if you’re in California or a heat wave if you’re in Texas. “If the grid goes down because of a weather event,” Michaels explained. “You can choose to go off the grid and operate your own with your own sources of generation, storage, and managing your loads.” What was once relegated to a handful of early adopters has now become something that just makes economic sense. However, the cost of installing that clean energy infrastructure and the complexity of navigating a renewable energy industry that is still highly fragmented and confusing have become huge barriers even for companies who want to make the transition. That’s why Correlate provides a service as comprehensive as it does. By offering 100% financed solutions and coordinating the installation and monitoring and maintenance afterward, Correlate makes it as easy as possible for companies to achieve their energy goals. Moving forward, Correlate will make that unique approach even more cost-effective through its upcoming M&A strategy aimed at scaling its operations and services to improve efficiency and expand its range of solutions. “There’s a huge opportunity to work with decade-old businesses that are doing good work but don’t have sophisticated systems and processes, the ability to raise capital, or the project finance team to help fund their projects,” Michaels said during the interview. To help structure those potential partnerships and acquisitions, it appointed Eli Albrecht to its board of directors last month. The acclaimed M&A lawyer with extensive experience in the renewable energy sector will help the company drive roll-up opportunities in the highly fragmented clean energy landscape. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com
October 03, 2023 09:00 AM Eastern Daylight Time
News ReleaseBenzinga
By Rachael Green, Benzinga After erasing the solid July gains both made in July in the first half of August, both copper and copper mining stocks seem to be rebounding in the second half of the month. The slide in the first half of the month came as China posted weaker-than-expected imports and exports for July, including declining vehicle sales and a dip in copper imports. The decline in copper prices was short-lived, though, as the overall market sentiment on the metal seems to have reversed despite the weak economic data from China last month. Like many of the metals needed in the clean energy transition, copper is rallying on the growing urgency and capital investment in reducing fossil fuel dependence. Copper is not only an important material in batteries, but also in a wide range of other components of energy storage tech and the electricity grid. A recent report from Trading Economics highlighted the dip in copper futures prices but pointed out that price levels did not decrease too far due to “market players flagged large incoming copper deficits, with current production levels failing to keep up with increasing demand for electrification”. Copper Markets Are Becoming Less Dependent On Chinese Demand For the last twenty years or so, copper prices have been largely driven by Chinese demand. The nation accounts for half of the global demand for the metal as its rapidly expanding economy created a massive need for copper to build the electrical infrastructure to power new and increasingly industrialized cities. That’s why the weaker-than-expected Chinese economic data at the start of the month were able to wipe out copper’s July gains so quickly. But, as the current rebound in prices reveals, market sentiment on the metal is gradually becoming less tethered to Chinese demand. As economies all over the globe look to transition away from fossil fuels, they’re investing more in infrastructure upgrades and new technologies that will enable them to meet their energy needs with clean and renewable sources. Many of those upgrades and new technologies are going to require copper. As such, demand for the metal is not just expected to grow but to diversify, making slight fluctuations in Chinese consumption less impactful on the overall copper market. The Critical Minerals Market Review estimates that achieving net zero emissions by 2050 — the target set by the 196 parties that signed the Paris Agreement in 2015 — global copper consumption will need to grow 60% by 2040. Meanwhile, like many other critical metals, supplies are low and struggling to keep up even with current demand levels. As demand continues to outstrip supply, miners could potentially enjoy significant revenue growth on rising copper prices, and the ones that can find new sources and open up new mines could generate strong returns for investors. Add Clean Energy Transition Exposure To Your Portfolio With Sprott ETFs Sprott Asset Management, an asset management firm that’s been focused on precious metals for decades, now offers two ETFs for investors who want broad exposure to the potential copper boom. Sprott Junior Copper Miners ETF (NYSEARCA: COPJ) tracks an index of exploration or early-stage copper miners while Sprott Energy Transition Materials ETF (NYSEARCA: SETM) tracks a broad portfolio of metals and other minerals that are playing a key role in the transition to a net zero economy. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com
October 03, 2023 09:00 AM Eastern Daylight Time
News ReleaseBenzinga
By David Willey, Benzinga Read the latest report on NanoViricides here The CDC recently issued a warning that Respiratory Syncytial Virus (RSV), a common and highly contagious lung infection that can cause bronchitis and pneumonia, is on the rise in the Southeastern United States – and the very young and the elderly are the most at risk of developing severe incidences of RSV. Every year, there are over 2 million outpatient (non-hospitalized) cases of RSV in children under 5, and RSV is the leading cause of hospitalizations for young children. There are up to 80,000 hospitalization cases for children under 5, and there are also up to 160,000 cases of patients over 65 getting hospitalized with RSV. Up to 300 children under 5 and 10,000 adults over 65 die of RSV annually. Despite this serious disease, there were no vaccines or good treatment options until recently. The recently approved vaccines from GSK plc (NYSE: GSK) and Pfizer (NYSE: PFE) also have severe limitations. These vaccines are only for use in patients aged 60 and over. However, these vaccines can involve side effects, including atrial fibrillation, Guillain-Barré syndrome and another potentially related disorder. A recently approved vaccine for pregnant women to protect the newborn infant upon birth has the risk of preterm births. In July 2023, the FDA also approved Beyfortus, an antibody treatment for children delivered as an injection to help prevent the development of RSV. Beyfortus was developed by Sanofi (NASDAQ: SNY) and AstraZeneca (NASDAQ: AZN). It is expected to be better than a previously approved antibody (palivizumab, trade name Synagis, developed by MedImmune, now marketed by SOBI – Swedish Orphan Biovitrum) for the same indication. Like the vaccines, however, there are side effects associated with these protective antibody treatments, which can include anaphylaxis, a severe allergic reaction. Yet, there are no treatments for RSV infection except for severe hospitalized cases when children at risk of dying are given the toxic drug ribavirin at very high doses as a last resort. The market for therapeutics for RSV was worth $1.8 billion in 2022 and will reach $8.73 billion by 2031 at a compound annual growth rate (CAGR) of 18.9% during the forecast period, according to a recent report from Growth Plus Therapeutics. Note that there were no real treatments, only one protective antibody, Synagis, available in 2022. The therapeutic used for treating RSV is Ribavirin, a highly toxic compound also used as a therapy for hepatitis C. However, Ribavirin carries with it some severe side effects, including the destruction of red blood cells, leading to liver, kidney and spleen toxicities and failures – which limit its use to patients with a high risk of progressively severe RSV. The primary concerning side effect of Ribavirin is anemia, a decrease in red blood cells that can cause a drop in hemoglobin. Ribavirin-induced anemia can manifest within two weeks of starting the therapy and can get worse as the drug dosage increases. NanoViricides Treatment For RSV NanoViricides (NYSE American: NNVC), a leading developer of antiviral treatments through its nanomedicines platform, is developing a safe and effective alternative therapeutic for RSV. Its drug candidate, NV-387, has already been shown to not have the toxicity or side effects associated with Ribavirin, according to the company. It reports that in the recent pre-clinical animal study, NV-387 almost matched the efficacy of Ribavirin with no toxicity. This animal study was designed to mimic the lethal lung pneumonia in infants caused by RSV infection. Importantly, NV-387 is already in phase 1 human clinical trials as the active ingredient in the company’s COVID drug candidate NV-CoV-2. The company has just reported that it was found to be completely safe, with no side effects found to date, in this continuing phase 1 Study. For this reason, the company anticipates soon being able to advance NV-387 to a phase 2 human clinical trial against RSV. If the results of animal studies are replicated in humans, this nanoviricides drug could become truly a game-changer in the treatment of RSV infections. Learn more about NanoViricides’ NV-387 antiviral here. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com
October 03, 2023 08:50 AM Eastern Daylight Time
News ReleaseBlockchain Digest
After Binance NFT ended Polygon support, $MATIC has been sliding continuously. Yet, Borroe.Finance ($ROE) keeps rising as more investors buy into Stage 2 of its presale. Elsewhere, Shiba Inu has recorded many use cases and adoptions in recent weeks, but $SHIB is still struggling. Can Polygon and Shiba Inu find their footing to compete with Borroe.Finance? >>BUY $ROE TOKENS NOW<< Polygon looks towards recovery The NFT market's value decline has led many owners to cease trading, a trend observed by prominent data analysis platforms. In a September 8, 2023 statement, Binance revealed its intention to discontinue support for Polygon ($MATIC) NFTs. Although the specific reason for eliminating Polygon ($MATIC) NFTs remains undisclosed, Binance NFT cited a desire to streamline its product offerings on the platform. In recent months, users have been shifting from Ethereum ($ETH) due to its high fees and would prefer Polygon's ($MATIC) network. This delisting appears to have hit Polygon ($MATIC), significantly pushing it downwards. Despite this setback, Polygon ($MATIC) remains innovative and has ambitious plans for Ethereum scaling in Polygon 2.0. It aims to become the industry's fastest blockchain. Polygon Labs has initiated this transformation, releasing three key Polygon Improvement Proposals (PIPs) to mark the genesis of Polygon ($MATIC) 2.0. On October 2, 2023, $MATIC was trading at $0.5606. Analysts expect $MATIC to rise to $0.6125 by the end of 2023, supported by increased demand as investors buy the current dip. Borroe.Finance ($ROE) Presale Attracts New Investors Borroe.Finance ($ROE) will boost fundraising prospects for Web3 companies. Notably, the platform will offer these firms fair and efficient instant funding solutions. Borroe.Finance ($ROE) uses invoice financing strategies to achieve its targets. It stands unique since invoice financing is absent among top DeFi projects. Acquiring funds on Borroe.Finance ($ROE) is easy because users only need to collateralize their upcoming earnings into fractionalized NFTs. These non-fungible tokens sell at discounted rates on Borroe.Finance's ($ROE) marketplace. Furthermore, users can integrate extra incentives into their NFTs to increase their appeal to potential investors. $ROE token possesses a unique utility within Borroe.Finance’s ecosystem. As the project continues to develop, $ROE will have a central role in shaping its future, presenting massive growth potential and increased utility. Borroe.Finance ($ROE) benefits buyers and sellers with immediate transactions, cost-efficiency, and swift approvals. Additionally, Borroe.Finance ($ROE) incentivizes active users and offers special discounts on transaction costs and marketplace fees. Currently, Borroe.Finance is in Stage 2 of its presale trading at $0.0150, a 50% profit from its Beta Stage price of $0.0100. By the end of the presale, $ROE will trade at $0.0400, a 167% profit from the current price, making it the best crypto investment currently. >>BUY $ROE TOKENS NOW<< Shiba Inu Adopted In Texas, $SHIB Hopes To Reign Again Texans now have the option to pay their solar panel bills using a range of cryptocurrencies, including the well-known meme coin Shiba Inu ($SHIB). This Shiba Inu ($SHIB) payment option became accessible through a partnership between the blockchain payment system FCF Pay and Chariot Energy, a Houston, Texas-based solar energy company. Residents can use Shiba Inu ($SHIB), by following three easy steps. To use this option, individuals must designate the mentioned company as the recipient and provide their billing details (name, email, and residential address). Finally, they should verify the information and submit the required payment. FCF Pay introduced support for Shiba Inu ($SHIB) in April 2022. Several other entities have allowed customers to use Shiba Inu ($SHIB) for payments. One example is the Swiss luxury watchmaker Tag Heuer, which adopted Shiba Inu ($SHIB) in the spring of 2022. Despite these adoptions and developments, Shiba Inu ($SHIB) is still struggling. On September 26, 2023, Shiba Inu ($SHIB) was trading at $0.000007261. Analysts expect $SHIB to rise to $0.000008850 by the end of 2023, supported by the increased adoption rate of the token, making it a good crypto to buy today. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Keywords: top DeFi projects, good crypto to buy, best crypto investment Contact Details Borroe Finance media@borroe.finance
October 02, 2023 10:55 AM Eastern Daylight Time
News ReleaseBlockchain Digest
Terra Classic plans to get $USTC back to its dollar peg. Now, analysts speculate on the difficulty of executing that. Elsewhere, Chainlink's recent partnerships in Australia could be behind the recent $4 million $LINK purchase. Yet, Borroe.Finance's ($ROE) approach to revenue financing is stealing the spotlight. Some analysts say $ROE's recent 50% growth could make it one of the top crypto coins. Are these projections realistic? Let's discuss. >>BUY $ROE TOKENS NOW<< Terra Classic ($USTC) Votes on Game-changing Proposal On September 25, 2023, Terra Classic's community voted on a proposal to push $USTC back to its $1 peg. $USTC lost its dollar peg after Terra's collapse in May 2022. The proposal will halt all minting and reminting of $USTC. The conversion of xUST to $USTC would also cease. Terra, now Terra Classic, was one of the largest stablecoin issuers until its famous collapse in May 2022. Its collapse followed $USTC’s de-pegging, which then caused Terra to lose over $60 billion. If Terra Classic's plans are successful, $USTC will gain increased adoption once it reaches $1 again. $USTC's recovery could also make Terra Classic one of the top DeFi projects again. Whale Invests $4 Million in $LINK After Chainlink's Tokenization Partnership On September 23, 2023, LookOnChain revealed that an Ethereum whale had purchased $4 million worth of $LINK tokens. The purchase mirrors Chainlink's ($LINK) rising whale activity in the past few weeks. Furthermore, it follows Chainlink's recent partnership with a major Australian bank to collaborate on a tokenization program. Chainlink also announced a partnership with Coin98 Labs to expand DeFi services in Southeast Asia. The rise in Chainlink's whale activity comes as $LINK has sharply risen despite the current bear market. $LINK was trading at $5.93 on September 1. By September 25, it had risen by 26.1% to $7.48, two days after Chainlink’s $4 million whale activity. And one week later LINK stands at $7.78 Moreover, Chainlink ($LINK) is looking to expand its services outside America and Europe. The partnership with Coin98 Labs will boost Chainlink’s ($LINK) DeFi user count in Asia. Some analysts say $LINK's rise is due to Chainlink's growing collaborations. These analysts conclude that $LINK could rise to $8.76 when the market recovers from its bearishness. Borroe.Finance ($ROE): Upgrading Invoice Finance Via Artificial Intelligence Borroe.Finance is a blockchain-based solution to the problem of inadequate funding avenues for Web 3.0 firms. Built on Polygon, Borroe.Finance is a community marketplace for the smooth disbursement of timely loans. The platform provides funding for its users by allowing them to sell off their future earnings on its marketplace. >>BUY $ROE TOKENS NOW<< Borroe.Finance ($ROE) uses blockchain technology to grant wider visibility to loan requests on its platform. This ensures that companies have a higher chance of getting their loan requests approved. Furthermore, Borroe.Finance is an easy way for users to invest in low-risk opportunities with high profit margins. Each Borroe.Finance ($ROE) member is entitled to low costs, instant funding, and special marketplace rewards. Furthermore, members can access on and off-ramp crypto and fiat payment solutions. With its unique services and strong market projections, Borroe.Finance could easily become one of the best DeFi crypto projects. $ROE is already in Stage 2 of its presale, costing $0.0150. It has already grown by 50% from its initial price of $0.0100. By Stage 3 of its presale, $ROE would have risen by 33.3% to reach $0.0200. And it doesn’t end there. Projections highlight $0.0400 as the final price for the presale, meaning current buyers will benefit from 167% ROI. This surge far exceeds the numbers of Terra Classic and even the popular Chainlink for 2023. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Contact Details Borroe.Finance noreply@borroe.finance
October 02, 2023 10:48 AM Eastern Daylight Time
News ReleaseBlockchain Digest
After Binance NFT ended Polygon support, $MATIC has been sliding continuously. Yet, Borroe.Finance ($ROE) keeps rising as more investors buy into Stage 2 of its presale. Elsewhere, Shiba Inu has recorded many use cases and adoptions in recent weeks, but $SHIB is still struggling. Can Polygon and Shiba Inu find their footing to compete with Borroe.Finance? >>BUY $ROE TOKENS NOW<< Polygon looks towards recovery The NFT market's value decline has led many owners to cease trading, a trend observed by prominent data analysis platforms. In a September 8, 2023 statement, Binance revealed its intention to discontinue support for Polygon ($MATIC) NFTs. Although the specific reason for eliminating Polygon ($MATIC) NFTs remains undisclosed, Binance NFT cited a desire to streamline its product offerings on the platform. In recent months, users have been shifting from Ethereum ($ETH) due to its high fees and would prefer Polygon's ($MATIC) network. This delisting appears to have hit Polygon ($MATIC), significantly pushing it downwards. Despite this setback, Polygon ($MATIC) remains innovative and has ambitious plans for Ethereum scaling in Polygon 2.0. It aims to become the industry's fastest blockchain. Polygon Labs has initiated this transformation, releasing three key Polygon Improvement Proposals (PIPs) to mark the genesis of Polygon ($MATIC) 2.0. On September 26, 2023, $MATIC was trading at $0.5098. Analysts expect $MATIC to rise to $0.6125 by the end of 2023, supported by increased demand as investors buy the current dip. Borroe.Finance ($ROE) Presale Attracts New Investors Borroe.Finance ($ROE) will boost fundraising prospects for Web3 companies. Notably, the platform will offer these firms fair and efficient instant funding solutions. Borroe.Finance ($ROE) uses invoice financing strategies to achieve its targets. It stands unique since invoice financing is absent among top DeFi projects. Acquiring funds on Borroe.Finance ($ROE) is easy because users only need to collateralize their upcoming earnings into fractionalized NFTs. These non-fungible tokens sell at discounted rates on Borroe.Finance's ($ROE) marketplace. Furthermore, users can integrate extra incentives into their NFTs to increase their appeal to potential investors. $ROE token possesses a unique utility within Borroe.Finance’s ecosystem. As the project continues to develop, $ROE will have a central role in shaping its future, presenting massive growth potential and increased utility. Borroe.Finance ($ROE) benefits buyers and sellers with immediate transactions, cost-efficiency, and swift approvals. Additionally, Borroe.Finance ($ROE) incentivizes active users and offers special discounts on transaction costs and marketplace fees. Currently, Borroe.Finance is in Stage 2 of its presale trading at $0.0150, a 50% profit from its Beta Stage price of $0.0100. By the end of the presale, $ROE will trade at $0.0400, a 167% profit from the current price, making it the best crypto investment currently. >>BUY $ROE TOKENS NOW<< Shiba Inu Adopted In Texas, $SHIB Hopes To Reign Again Texans now have the option to pay their solar panel bills using a range of cryptocurrencies, including the well-known meme coin Shiba Inu ($SHIB). This Shiba Inu ($SHIB) payment option became accessible through a partnership between the blockchain payment system FCF Pay and Chariot Energy, a Houston, Texas-based solar energy company. Residents can use Shiba Inu ($SHIB), by following three easy steps. To use this option, individuals must designate the mentioned company as the recipient and provide their billing details (name, email, and residential address). Finally, they should verify the information and submit the required payment. FCF Pay introduced support for Shiba Inu ($SHIB) in April 2022. Several other entities have allowed customers to use Shiba Inu ($SHIB) for payments. One example is the Swiss luxury watchmaker Tag Heuer, which adopted Shiba Inu ($SHIB) in the spring of 2022. Despite these adoptions and developments, Shiba Inu ($SHIB) is still struggling. On September 26, 2023, Shiba Inu ($SHIB) was trading at $0.000007261. Analysts expect $SHIB to rise to $0.000008850 by the end of 2023, supported by the increased adoption rate of the token, making it a good crypto to buy today. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter Contact Details Borroe.Finance media@borroe.finance
October 02, 2023 10:42 AM Eastern Daylight Time
News ReleaseBenzinga
By Faith Ashmore, Benzinga As we come up on an election year, investors and politicians alike are interested in how it will affect the economy. The stock market generally can experience increased volatility during election years due to the introduction of uncertainty. This may leave investors grappling with the potential outcomes and policy changes that may occur as a result of the election. The campaign period often fuels market fluctuations as investors and companies react to political rhetoric, policy proposals and potential shifts in government leadership. Those looking for less volatility and more stability may want to look at necessity-based commercial real estate. This asset class tends to be largely insulated from the daily swings of the market, and by extension, the volatility that traditionally occurs in election years. Unlike other types of real estate and the traditional stock market, necessity-based (properties that are essential for everyday living — including sectors such as healthcare facilities, grocery stores, multifamily housing and more) properties tend to have consistent demand. This relative stability can help mitigate the risks associated with market fluctuations — and it seems like the current administration will seek to keep interest rates relatively steady through the end of 2024, according to necessity-based real estate firm First National Realty Partners (FNRP). FNRP is a renowned necessity-based real estate firm that has established itself as the leader of the specific industry. The company was the #1 privately-held acquirer of grocery-anchored retail real estate in 2022. With a track record of success, FNRP has established itself as the go-to investment firm for those seeking to navigate the ever-changing market and achieve long-term wealth preservation. With over $2 billion in assets under management, FNRP has consistently demonstrated its ability to deliver results for investors. Their portfolio boasts an impressive 60 current assets held, showcasing their expertise in identifying and acquiring high-quality properties that align with their investment strategy. Since its inception, FNRP has distributed over $100 million to its valued investors – a testament to their commitment to generating returns. Their successful growth is evidenced by the acquisition of over 11.5 million square feet of gross leasable area (GLA) across 23 states, solidifying their nationwide presence and extending their reach to diverse markets. Commercial real estate investments are known for their ability to provide stable cash flows, appreciation potential and risk mitigation through diversification across different properties and tenants — particularly for investors interested in grocery store-anchored properties. Grocery-anchored properties are known for their stability, as these types of properties typically have high occupancy rates and provide regular income from stable tenants. Grocery stores are considered to be a recession-resistant asset class, making them a potentially valuable option for investors who seek the relative stability and safety of income-generating properties. As the election year approaches, we may see the market shift and uncertainty increase. FNRP's strategy of investing in necessity-based, grocery-anchored shopping centers might be a good fit for investors trying to combat potential market volatility. Learn more about FNRP’s upcoming deals here. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com
October 02, 2023 09:15 AM Eastern Daylight Time
News ReleaseBenzinga
By Faith Ashmore, Benzinga Join Splash Wines on its mission bringing wine to every door by investing in them here! While the e-commerce market has been strong for decades, COVID-19 propelled the direct-to-consumer (D2C) model to the forefront of business’s minds. Consumers have increasingly turned to online shopping for convenience and safety. Brands like BarkBox (NYSE: BARK), Blue Apron (NASDAQ: APRN), and Harry’s are all prime examples. The global subscription e-commerce market is projected to reach $904.2 billion by 2026, with an increase from $72.91 billion in 2021 to $120.04 billion in 2022. With social distancing measures still being followed around the country and consumer behaviors shifting, the ability to have products delivered regularly to the doorstep and tailored to specific preferences or interests has gained significant appeal. While D2C models have seen significant success in various industries, the wine market has been relatively slower to adopt this trend – leaving a considerable amount of untapped potential and white space. Traditionally, purchasing wine has involved visiting physical stores or relying on restaurants and bars for selection. However, by embracing direct-to-consumer models, wine producers and retailers can tap into the vast market of wine lovers who yearn for the convenience, personalization and curated experiences that D2C services and subscription boxes provide. Splash Wines is shedding new light on the luxury market by reimagining D2C in the wine industry. Founded in 2014, Splash Wines is a family business with three generations of experience in the wine industry. They have been at the forefront of the internet wine industry for the past 15 years, which has allowed them to establish themselves as a prominent player in the D2C space. By directly selling to consumers, the company is able to eliminate the need for middlemen and offer wines at competitive prices. With top TrustPilot ratings and a customer base of over 800,000, Splash Wines has been shown to prioritize customer satisfaction and loyalty. The company focuses on exceptional customer service – it does not rely on chatbots or automated messages when talking to customers. The company has also experienced notable growth over the past few years, achieving three times revenue growth in just three years. In 2022, their revenue reached $30 million, and they have set the ambitious goal to reach $50 million by 2025. What sets Splash Wines apart is its agile approach and its focus on offering wines priced below $10. By delivering affordable wines to customers, they cater to a broad consumer base and have the opportunity to diversify their product offerings further. With their expertise in digital retail capabilities, the company is well-positioned to take advantage of the growing e-commerce market. As a D2C leader, Splash Wines capitalizes on the growing trend of consumers purchasing wine directly from producers and bypassing traditional distribution channels. This approach allows them to build direct relationships with customers and create personalized experiences, resulting in increased customer satisfaction and loyalty. The company is currently holding a raise on StartEngine to continue to expand its business. Click here to invest in Splash Wines and be a part of their growth journey bringing wine directly to the doorstep! This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com
October 02, 2023 09:15 AM Eastern Daylight Time
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