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SHAREHOLDER ALERT: Levi & Korsinsky Notifies Shift4 Payments, Inc.(FOUR) Investors of a Class Action Lawsuit and Upcoming Deadline

NEW YORK, Oct. 05, 2023 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in Shift4 Payments, Inc. (“Shift4” or the “Company”) (NYSE: FOUR) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Shift4 investors who were adversely affected by alleged securities fraud between November 10, 2021 and April 18, 2023. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/shift4-lawsuit-submission-form?prid=50581&wire=3

FOUR investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Shift4 had inadequate disclosure controls and procedures and internal control over financial reporting; (ii) as a result, Shift4 failed to properly account for customer acquisition costs, thereby artificially inflating its net cash provided by operating activities; (iii) accordingly, Shift4 would likely be forced to restate one or more of its previously issued financial statements; (iv) Shift4 employed accounting maneuvers in connection with, among other things, its mass strategic buyout program and sponsor bank merchant settlement account, that were designed to present an inaccurate picture of, inter alia, the Company’s performance, its underlying business quality, and its earnings power; (v) all the foregoing, once revealed, was likely to negatively impact Shift4’s reputation and business; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.

WHAT’S NEXT? If you suffered a loss in Shift4 during the relevant time frame, you have until October 19, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected] 
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com 



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Hess Schedules Earnings Release Conference Call

Hess Schedules Earnings Release Conference Call

NEW YORK–(BUSINESS WIRE)–
Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, October 25, 2023 at 10 a.m. Eastern Time to discuss its third quarter 2023 earnings release.

To phone into the conference call, participants should register in advance using this link to receive a unique PIN and dial-in number. This conference call and subsequent replay will also be accessible by webcast (audio only).

Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corporation is available at https://www.hess.com/.

Forward-looking Statements

Certain statements in this release may constitute “forward-looking statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements, including, without limitation, uncertainties inherent in the measurement and interpretation of geological, geophysical and other technical data. Estimates and projections contained in this release are based on the Company’s current understanding and assessment based on reasonable assumptions. Actual results may differ materially from these estimates and projections due to certain risk factors discussed in the Corporation’s periodic filings with the Securities and Exchange Commission and other factors.

Investor contact:

Jay Wilson

(212) 536-8940

[email protected]

Media contact:

Lorrie Hecker

(212) 536-8250

[email protected]

KEYWORDS: New York Europe United States United Kingdom North America

INDUSTRY KEYWORDS: Other Natural Resources Other Energy Utilities Oil/Gas Alternative Energy Natural Resources Energy

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TechTarget to Speak at Forrester B2B Summit EMEA with Cato Networks on Maximizing Worldwide Opportunities and Revenue with Intent Data

TechTarget to Speak at Forrester B2B Summit EMEA with Cato Networks on Maximizing Worldwide Opportunities and Revenue with Intent Data

LONDON–(BUSINESS WIRE)–
TechTarget, Inc. (Nasdaq: TTGT), the global leader in B2B technology purchase intent data and services today announced that it will be presenting a case study with Cato Networks live at Forrester B2B Summit EMEA – “Leveraging intent across the buyer’s journey to maximize revenue”. Led by Daniel Bleichman, Director of Inbound Marketing, Cato Networks and Brent Boswell, SVP and Managing Director, EMEA, TechTarget, this in-depth session profiles how SASE and SSE rocketship Cato Networks is growing and thriving in a highly competitive market by leveraging data-driven strategies laser-focused on creating opportunities and pipeline. Attendees will specifically learn how they drive maximum engagement across the buying cycle and fuel remarkable results with a fully integrated marketing & sales approach powered by TechTarget’s unique, proprietary intent data and marketing services. The Case Study will be live on Tuesday, October 10, at 11:35am BST in Track Room 4 at the Intercontinental Hotel, O2 Arena in London.

“Cato Networks is a prime example of how a high-growth company uses data to create a distinct advantage in a competitive market,” said Brent Boswell, SVP and Managing Director, EMEA, TechTarget. “We are looking forward to presenting this Case Study with Cato Networks at Forrester B2B Summit EMEA to help marketing and sales practitioners see how one of their peers is successfully leveraging our intent data in concert with truly innovative strategies to win.”

Learn more about the Case Study session here.

TechTarget was recently named a Leader in The Forrester WaveTM: B2B Intent Providers, Q2 2023. Its proprietary Prospect-Level IntentTM data is uniquely powerful because of how it is made and how it is delivered to B2B tech marketers and sales professionals. The actionable insights within the TechTarget Priority Engine intent platform are available because of the depth of original decision-support content spanning thousands of unique IT topics across TechTarget’s network of 150 enterprise technology-specific websites. Because our content is built to aid decision making during buyer’s journeys, our data enables clients to precisely target and engage our audience of active buyers in the most relevant context possible.

Forrester’s B2B Summit EMEA is the premier event in EMEA which helps Marketing and Sales drive business and fuel the revenue engine. It will be held in person October 9–11 in London as well as virtually. TechTarget will be meeting with customers and prospects at booth #8 in the Event Marketplace. To understand how to connect with us at the event, click here.

About TechTarget

TechTarget (Nasdaq: TTGT) is the global leader in purchase intent-driven marketing and sales services that deliver business impact for enterprise technology companies. By creating abundant, high-quality editorial content across 150 highly targeted technology-specific websites and more than 1,000 channels, TechTarget attracts and nurtures communities of technology buyers researching their companies’ information technology needs. By understanding these buyers’ content consumption behaviors, TechTarget creates the purchase intent insights that fuel efficient and effective marketing and sales activities for clients around the world.

TechTarget has offices in Boston, London, Munich, New York, Paris, Singapore and Sydney. For more information, visit techtarget.com and follow us on LinkedIn.

(C) 2023 TechTarget, Inc. All rights reserved. TechTarget and the TechTarget logo are registered trademarks and Priority Engine and Prospect-Level Intent are trademarks of TechTarget. All other trademarks are the property of their respective owners.

Media Inquiries

Garrett Mann

Vice President of Corporate Communications

TechTarget, Inc.

617-431-9371

[email protected]

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: Other Communications Internet Publishing Marketing Advertising Communications Technology Other Technology

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Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 26, 2023

Applied Industrial Technologies to Report First Quarter Earnings and Conduct Investor Teleconference on October 26, 2023

CLEVELAND–(BUSINESS WIRE)–
Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2024 first quarter results on Thursday, October 26, 2023, before the market opens. The Company’s fiscal 2024 first quarter ended September 30, 2023.

A quarterly conference call will begin at 10 a.m. ET on October 26 to discuss the Company’s performance and outlook with analysts and investors. A supplemental presentation detailing latest quarter results will be available for reference on the Investor Relations portion of the Company’s website at www.applied.com. To join the call, dial 800-768-2878 (toll free) or 212-231-2927 (International callers) using reservation number 22028182.

A live audio webcast can be accessed online through the investor relations portion of the Company’s website at www.applied.com. To help ensure you do not miss any of the conference call, please dial-in or link to the call 15 minutes prior to the scheduled start. Replays of the call will be made available for two weeks via webcast or telephone by dialing 800-633-8625 or 402-977-9141 (International) using reservation number 22028182.

About Applied®

Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.

Ryan D. Cieslak

Director – Investor Relations & Treasury

216-426-4887 / [email protected]

KEYWORDS: Ohio United States North America

INDUSTRY KEYWORDS: Other Manufacturing Electronic Design Automation Machinery Engineering Chemicals/Plastics Technology Manufacturing Other Technology

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Humana and Denver Health Sign Agreement to Expand Humana’s Medicare Advantage Provider Network in the Denver Area

Humana and Denver Health Sign Agreement to Expand Humana’s Medicare Advantage Provider Network in the Denver Area

DENVER–(BUSINESS WIRE)–Humana, a leading health and well-being company, and Denver Health, a comprehensive health and hospital system, have entered into an agreement that broadens access to care for Humana Medicare Advantage plan members in the Denver area.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231005016785/en/

Under this agreement, which became effective October 1, 2023, members with Humana Medicare Advantage HMO, PPO and PFFS plans now have in-network access to care at the Denver Health main campus, as well as access to care to more than 1500 doctors in 131 medical specialties across the Denver area.

“We are grateful for this important opportunity with Denver Health that significantly expands our local provider network,” said Dan Tufto, Humana Pacific Southwest Medicare President. “We have a strong and longtime commitment to our members and the communities we serve in the Denver area and are pleased to provide more in-network options like this one that make healthcare more accessible.”

“Denver Health care teams are looking forward to providing Humana members more options for receiving medical, dental and mental health care for themselves and their families,” said Donna Lynne, Denver Health CEO. “Being in the heart of the city provides added convenience for those working and living in downtown Denver as well as offering excellent care options after hours at our urgent care locations.”

About Humana

Humana Inc. is committed to putting health first – for our teammates, our customers, and our company. Through our Humanainsurance services, and our CenterWellhealth care services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Humana.com and at CenterWell.com.

About Denver Health

Denver Health is a comprehensive health and hospital system that provides quality care for our community. We deliver medical, dental and mental health care to one-third of Denver’s population, proudly serving as the city’s safety-net hospital for more than 160 years. We are committed to advancing research and community partnerships to better deliver the health care needs of our patients and community and to educating the next generation of health care professionals.

Additional Information:

Other providers are available in our network. Provider may also contract with other Plan Sponsors.

Y0040_GCHM5PEEN_C

Lisa Dimond

Humana Corporate Communications

832-330-4702

[email protected]

Jacque Montgomery

Denver Health

303-961-3645

[email protected]

KEYWORDS: United States North America Kentucky Colorado

INDUSTRY KEYWORDS: Managed Care General Health Professional Services People with Disabilities Consumer Mental Health Hospitals Health Insurance Dental Insurance Seniors Health

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Nisshinbo Micro Devices Inc. Accelerates IC/Module Designs using Cadence Custom IC and System Analysis Technology

Nisshinbo Micro Devices Inc. Accelerates IC/Module Designs using Cadence Custom IC and System Analysis Technology

Highlights:

  • Nisshinbo Micro Devices Inc. utilized the Virtuoso Studio custom IC design platform to boost layout productivity and gain a 30% reduction in turnaround time for routing analog blocks
  • Seamless integration of the Clarity 3D Solver for system-level EM analysis enabled a 12% simulation improvement

SAN JOSE, Calif.–(BUSINESS WIRE)–
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Nisshinbo Micro Devices Inc. has deployed multiple Cadence® solutions, including the AI-based Virtuoso® Studio custom IC design platform and Clarity™ 3D Solver, to improve design efficiency and reliably deliver products to market. Using the Clarity 3D Solver, Nisshinbo Micro Devices Inc. has achieved up to a 12% electromagnetic (EM) simulation runtime improvement when compared with their prior solution.

By deploying the AI-based Virtuoso Studio platform, Nisshinbo Micro Devices Inc. has access to a full suite of IC design solutions and tight integration with Cadence’s multiphysics system analysis offerings. Nisshinbo Micro Devices Inc. uses the Virtuoso Schematic Editor for design capturing and the Virtuoso ADE Suite and the integrated Spectre® X Simulator to enable its circuit designers to manage corner simulations, statistical analyses, design centering, and circuit optimization. The Virtuoso Layout Suite contains multiple functions, such as concurrent layout editing and design review, that foster user collaboration. Concurrent layout editing allows the partitioning of a layout into many portions, assigning them to different users who can then work independently on their part of the project. Nisshinbo Micro Devices Inc. designers used this feature to gain a 30% reduction in turnaround time for routing of complex analog blocks.

Nisshinbo Micro Devices Inc. has also adopted the Clarity 3D Solver for EM simulation and analysis of its module designs after confirming a 12% solver runtime advantage. With its novel, innovative and proprietary massively parallel matrix solver, the Clarity 3D Solver delivers near-linear scalability without any loss in accuracy. Capacity, accuracy, and simulation speed are all achieved concurrently with no need to trade off one for another to realize an optimum design solution in a reasonable time. Through its seamless integration and streamlined in-design analysis workflow with Cadence IC packaging and PCB design platforms, engineering productivity and turnaround time (TAT) are significantly improved.

“For us to continue shipping reliable analog IC and module products to the market in a timely manner, we need to keep improving our design efficiency,” said Yasutoshi Hirano, Manager, Design Technology Department, Technology Development Division, Electronic Devices Business Headquarters, Nisshinbo Micro Devices Inc. “Using Cadence Virtuoso Studio, the latest custom IC design solution, and the Cadence Clarity 3D Solver together, we have demonstrated a more comprehensive chip-to-package design environment for faster and more reliable product development.”

Cadence custom IC and system analysis solutions support the Cadence Intelligent System Design™ strategy, accelerating system innovation. For more information, please visit http://www.cadence.com/go/NisshinboSuccess.

About Cadence

Cadence is a pivotal leader in electronic systems design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware and IP that turn design concepts into reality. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. For nine years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For. Learn more at cadence.com.

© 2023 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

Category: Featured

Cadence Newsroom

408-944-7039

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Electronic Design Automation Semiconductor Technology Software Artificial Intelligence Hardware

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Eastern Bankshares, Inc. Announces Third Quarter 2023 Earnings Release Date, Conference Call and Webcast

Eastern Bankshares, Inc. Announces Third Quarter 2023 Earnings Release Date, Conference Call and Webcast

BOSTON–(BUSINESS WIRE)–
Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the stock holding company for Eastern Bank, today announced the following details regarding the report of the Company’s third quarter 2023 results:

Earnings Release:

 

Thursday, October 26, 2023 after the market close

 

 

 

Conference Call:

 

Friday, October 27, 2023 at 9:00 AM Eastern Time

 

 

 

Join by Telephone:

 

Toll-Free Dial-In Number: (888) 259-6580

 

 

Conference ID: 50539618

 

 

 

Webcast:

 

The conference call will be simultaneously webcast. Participants may join the webcast on the Company’s Investor Relations website at investor.easternbank.com. A replay of the webcast will be made available on demand on this site.

About Eastern Bankshares, Inc.

Eastern Bankshares, Inc. is the stock holding company for Eastern Bank. Founded in 1818, Boston-based Eastern Bank has more than 120 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. As of June 30, 2023, Eastern Bank had approximately $22 billion in total assets. Eastern provides banking, investment and insurance products and services for consumers and businesses of all sizes, including through its Eastern Wealth Management division and its Eastern Insurance Group LLC subsidiary. Eastern takes pride in its outspoken advocacy and community support that includes $240 million in charitable giving since 1994. An inclusive company, Eastern employs approximately 2,100 deeply committed professionals who value relationships with their customers, colleagues, and communities. For investor information, visit investor.easternbank.com.

Investor:

Jill Belliveau

Eastern Bankshares, Inc.

[email protected]

781-598-7920

Media:

Andrea Goodman

Eastern Bank

[email protected]

781-598-7847

KEYWORDS: United States North America Massachusetts

INDUSTRY KEYWORDS: Banking Professional Services Finance

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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: SP® Plus Corporation (Nasdaq – SP), Orchard Therapeutics plc (Nasdaq – ORTX), Summit Materials (NYSE – SUM)

BALA CYNWYD, Pa., Oct. 05, 2023 (GLOBE NEWSWIRE) — Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.

SP® Plus Corporation (Nasdaq – SP)

Under the terms of the Merger Agreement, SP+ will be acquired by Metropolis Technologies, Inc. (“Metropolis”) for $54.00 per share in cash for each share of SP+ held. The deal has an aggregate enterprise value of approximately $1.5 billion. The investigation concerns whether the SP+ Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Metropolis is paying fair value to shareholders of the Company.

Additional information can be found at https://www.brodskysmith.com/cases/sp-plus-corporation-nasdaq-sp/.

Orchard Therapeutics plc (Nasdaq – ORTX)

Under the terms of the agreement, Orchard will be acquired by Kyowa Kirin Co., Ltd. (“Kyowa Kirin”) for $16.00 per American Depositary Share (ADS) in cash (approximately $387.4 million), under which Orchard shareholders will hold an additional contingent value right (“CVR”) of $1.00 per ADS. The investigation concerns whether the Orchard Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Kyowa Kirin is paying fair value to shareholders of the Company.

Additional information can be found at https://www.brodskysmith.com/cases/orchard-therapeutics-plc-nasdaq-ortx/.

Summit Materials (NYSE – SUM)

Under the terms of the agreement, Summit will merge with Argos North America Corp. (“Argos”). The companies will combine in a cash and stock transaction valued at $3.2 billion. Post close, Argos will have a 31% interest in Summit. The investigation concerns whether the Summit Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of Summit shareholders in the combined company.

Additional information can be found at https://www.brodskysmith.com/cases/summit-materials-nyse-sum/.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.



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CN Celebrates 30 Years of Presenting Safe Handling Awards to Rail Shippers

MONTREAL, Oct. 05, 2023 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced the winners of its Safe Handling Award for 2022.

“Congratulations to the 2022 winners for your safety efforts around rail equipment. CN is proud to recognize 220 companies for their outstanding safety work and we are honored that we have been celebrating our customers’ Safety efforts for the last 30 years. Ensuring everyone’s safe return home is our top priority, and our customers play a vital role in maintaining essential safety measures for the secure movement of goods.”

– Doug MacDonald, Executive Vice-President and Chief Marketing Officer at CN

Launched in 1992, CN’s Safe Handling Award is presented to customers who load freight cars with dangerous goods and meet strict standards for the safe handling and shipment of regulated products. The winners must meet established criteria, according to the total number of shipments of dangerous goods for all facilities.

The Safe Handling Award goes hand in hand with CN’s vision to become the safest railway in North America.

“We are proud to recognize our customers for their commitment to running a safe operation. Safety is our core value at CN and one we share with our customers as we must all be engaged and responsible for creating a safe environment for employees and communities.”

– Buck Rogers, Vice-President Petroleum & Chemicals at CN

The Safe Handling Award is an integral part of the Responsible Care® Program – an ongoing performance improvement initiative in which CN is a partner, both in Canada and the U.S.

Please click here to view the list of winners of CN’s 2022 Safe Handling Award.

About CN

CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. CN’s network connects Canada’s Eastern and Western coasts with the U.S. South through an 18,600-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.



Contacts

:


 		 


Media

Investment Community
Jonathan Abecassis Stacy Alderson
Director, Public Affairs and Assistant Vice-President
Media Relations Investor Relations
(438) 455-3692
[email protected]		 (514) 399-0052
[email protected]



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Toll Brothers Campus Living® and CanAm Capital Partners Open New Luxury Apartment Community at Florida International University

Lapis is a 20-story high-rise featuring 293 units designed exclusively for college students

MIAMI, Oct. 05, 2023 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, through its Toll Brothers Campus Living® division, and joint venture partner CanAm Capital Partners, are pleased to announce the opening of Lapis in Miami, Florida. The brand-new luxury high-rise apartment community, designed exclusively for college students, spans more than 763,500 square feet, featuring 293 units and 1,086 beds within its 20 stories. Situated on a 1.73-acre site at 795 SW 110th Avenue, Lapis is adjacent to the Modesto A. Maidique Campus of Florida International University (FIU).

Financed with a $103 million construction loan facility from Ocean Bank, construction commenced in July 2021 and first residency was offered for the fall 2023 semester of FIU. Toll Brothers Campus Living is responsible for the development, construction, marketing, and asset management of Lapis.

“We are delighted to welcome residents to our newest luxury student apartment community adjacent to the prestigious FIU in Miami,” said Richard Keyser, Vice President of Acquisition and Development for Toll Brothers Campus Living. “Lapis seamlessly integrates the flexibility of off-campus living with the proximity to the FIU campus. With well-appointed residences and resort-style amenities, Lapis offers students an unparalleled living experience.” 

The community was designed by Humphreys & Partners Architects, with interior design by Mary Cook Associates and branding by Streetsense. Lapis offers studio, one-, two-, three-, four-, and five-bedroom luxury rental apartments, allowing students to choose their preferred living arrangements. The community also boasts more than 5,800 square feet of ground-floor retail space, featuring Crema Gourmet Espresso Bar, Brooklyn Dumpling Shop, and Insomnia Cookies.

Lapis provides residents with an array of amenities within its 24,000 square feet of interior and exterior spaces. These include a 2-story state-of-the-art fitness center with outdoor turf area, an expansive deck with a Jumbotron, pool, and grilling areas, as well as private study and meeting rooms on each floor. Additionally, the community offers a computer lounge with complimentary printing services, complimentary coffee and cold brew, valet trash, self-serve package lockers, secured refrigeration for food delivery, a bicycle storage area, an indoor rideshare waiting area, and high-speed community-wide Wi-Fi. Residents also benefit from secured access control, 24-hour on-site security personnel, and a gated parking garage, which includes 8 electric vehicle charging stations.

“Lapis exemplifies the quality and luxury living experience for which the Toll Brothers brand is already well known nationwide, and continues that legacy with our Campus Living division,” said John McCullough, President of Toll Brothers Apartment Living, the multifamily division of Toll Brothers which oversees its Campus Living division. “With exceptional materials, amenities, design, construction, and resident services, Lapis offers the finest living experience for the next generation of scholars at FIU.”

“We are thrilled to witness the successful opening of this impressive asset that sets a new standard in the FIU market,” said John Reid, Director and head of Project Development with CanAm Capital Partners. “Toll Brothers has been an outstanding partner and a pleasure to work with. The level of quality, on-time delivery, and full occupancy at the property proves their ability to deliver for us as a partner and our investors.”

FIU has experienced significant growth, with a nearly 27% increase in enrollment over the past decade. According to the US News & World Report, FIU ranks as the nation’s 8th largest public university by enrollment with more than 55,000 students, and lists dozens of FIU programs among the best in the nation. FIU has been named an Emerging Preeminent State Research University and has been designated R1 by the Carnegie Classification of Institutions of Higher Education. Washington Monthly has also ranked FIU among the top 20 public universities contributing to the public good.

Lapis is the first Toll Brothers multifamily project in Florida and joins the growing Toll Brothers Campus Living student housing portfolio nationwide. Previous developments include The Yards at Old State at The Pennsylvania State University, which opened in 2020, Canvas at Arizona State University, which opened in 2021 and was sold in 2023, and Terrapin Row at the University of Maryland, which opened in 2016 and was sold in 2017. In 2024, Toll Brothers Campus Living anticipates the opening of The 87 at the University of Notre Dame and Kinetic at the Georgia Institute of Technology.

For more information about Lapis visit LiveLapis.com.

ABOUT TOLL BROTHERS CAMPUS LIVING®

Toll Brothers Campus Living is the student housing development division of Toll Brothers, Inc., the nation’s leading builder of luxury homes. Toll Brothers Campus Living brings the same quality, luxury, and service for which Toll Brothers is known to its exceptional student housing communities in select markets. Toll Brothers Campus Living communities combine the energy of collegiate locations with student-centric services, amenities, and the expertise of America’s Luxury Home Builder® to fit the needs and lifestyle of today’s students to live, thrive, and connect. Toll Brothers Campus Living has developed nearly 1,000 units and more than 3,000 beds nationwide, with more than 1,000 additional units in its development pipeline.

For more information visit TollBrothersApartmentLiving.com/Campus-Living.

ABOUT TOLL BROTHERS

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 56 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers was named the #1 Home Builder in Fortune magazine’s 2023 survey of the World’s Most Admired Companies®, the eighth year it has been so honored. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (investors.TollBrothers.com).

©2023 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Toll Brothers.

ABOUT CANAM CAPITAL PARTNERS

CanAm Capital Partners, LLC (“CACP”) is a New York City-based private equity real estate investor, manager, and advisor. An affiliate of CanAm Enterprises, LP, CACP works closely with regional and national developers and owners to provide capital solutions, including joint-venture equity and structured debt products, for qualifying real estate projects across the country. CACP partners with sponsors who have proven results in their area of expertise and the capacity to execute with consistency. CanAm and its affiliates have raised and invested over $3.5 billion on behalf of its international investor base since its founding over three decades ago. For more information visit CanAmCapital.com.

Press Contact:

Andrew L. Gagliano
Toll Brothers Apartment Living
[email protected]
(202) 808-2489

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c584564a-24d0-4cd5-babb-b42318eb8a04

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)