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Newmark Advises on $3.4 Billion Joint Venture on One Million-Square-Foot Texas Data Center

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NEW YORK, Oct. 17, 2024 /PRNewswire/ — Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it served as strategic advisor to Blue Owl Capital, Inc. (“Blue Owl”), Primary Digital Infrastructure and Crusoe Energy Systems LLC (“Crusoe”) in a $3.4 billion joint venture (“JV”) to fund a purpose-built data center at the Lancium Clean Campus in Abilene, Texas. Newmark’s Co-President of Global Debt & Structured Finance Jordan Roeschlaub, Head of Data Center Capital Markets Brent Mayo, Co-Head of Strategic Advisory Andrew Warin and Director of Strategic Advisory Chase Tagen acted as the advisors for the JV.

Crusoe will design, build and operate the new 206 megawatt (“MW”), 998,000-square-foot data center. The property will be a build-to-suit, two-building development constructed to industry-leading efficiency and reliability standards, and capable of supporting high energy density IT applications. The project is 100% long-term leased to a Fortune 100 hyperscale tenant with occupancy expected to begin in 1H 2025. Supported by Blue Owl’s investment and developed by Crusoe, the project will incorporate an innovative DC design, sharpened to support cutting-edge artificial intelligence (“AI”) workloads at an industry-leading scale. The design will be optimized for direct-to-chip liquid cooling and will also accommodate air cooling. At completion, the data center will be able to operate up to 100,000 GPUs on a single integrated network fabric, advancing the frontier of data center design and scale for AI training and inference workloads.

“Crusoe’s leadership team has positioned the Lancium Clean Campus to capitalize on unprecedented growth from high energy density IT applications, and the JV with Blue Owl and Primary Infrastructure only further supports those efforts,” said Mayo. “We look forward to continuing to support the JV and are excited to have served as the exclusive advisor in this transaction.”

The 200+ MW capacity will be delivered in 2025 on a substantially accelerated construction timeline. This speed is achieved through Crusoe’s innovative design strategies and intimate familiarity with the GPUs and other integral AI hardware that will outfit the site.

The project is expected to contribute nearly $1 billion to the local economy over the next 20 years, as estimated by the Development Corporation of Abilene1, and will focus on local hiring, creating almost a hundred local jobs. Combined with its limited environmental impact due to the proposed use of renewable energy, this project reflects Crusoe’s commitment to lead the industry in sustainability and community stewardship.

Newmark Research reported in January that the data center industry is growing rapidly, fueled by expanding needs of hyperscalers, AI and other high-performance computing users, as well as large enterprises. The increased demand has spurred a surge in new development and land banking for future development, with data center construction pipelines hitting new all-time highs in 2024.

About Crusoe Energy Systems LLC
Crusoe is on a mission to align the future of computing with the future of the climate. As builders and operators of clean computing infrastructure, Crusoe reduces both the costs and the environmental impact of the world’s expanding digital economy. By utilizing clean sources of energy to power artificial intelligence, crypto, and other high-performance computing applications, Crusoe is creating a future of sustainable innovation.

To learn more, visit https://crusoe.ai/ and follow Crusoe on Linkedin and X.

About Blue Owl Capital Inc
Blue Owl (NYSE: OWL) is a leading asset manager that is redefining alternatives. 
With over $192 billion in assets under management as of June 30, 2024, we invest across three multi-strategy platforms: Credit, GP Strategic Capital, and Real Estate. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.

Together with over 820 experienced professionals, Blue Owl brings the vision and discipline to create the exceptional. To learn more, visit www.blueowl.com.

About Primary Digital Infrastructure
Primary Digital Infrastructure provides flexible, repeatable financing solutions that allow data center operators to unlock precious liquidity from existing assets and achieve their development objectives. Primary Digital Infrastructure’s mission is to ‘risk match’ this incremental capital by purchasing the best stabilized assets from developers and operators to allow them to recycle capital and finance their pipelines. Primary Digital Infrastructure is dedicated to an operator-centric model that allows the best data center developers and owners to recycle capital with as little friction as possible. Established by industry leaders Bill Stein, David Ferdman, Peter Hopper, and John Sheputis, Primary Digital Infrastructure provides capital to premier data center owners and operators through a range of financial solutions including recapitalizations, outright purchases, and forward takeouts. To learn more, visit https://primaryinfra.com/.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

1 https://developabilene.com/wp-content/uploads/2021_12_Project_Artemis_Press_Release_Final.pdf

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SOURCE Newmark Group, Inc.

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Halcyon Financial Technology, L.P. Earns Great Place To Work Certification™ Two Years Running

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For the second year in a row, Halcyon Financial Technology, L.P. (“HalcyonFT”) has earned Great Place To Work® certification. The prestigious award is based entirely on what current employees say about their experience working at the company. As in the previous year, 100% of HalcyonFT employees said the company is a great place to work, compared to just 57% at a typical U.S. company.

SAN FRANCISCO, Oct. 18, 2024 /PRNewswire-PRWeb/ — Founded in 2010, HalcyonFT provides IT solutions to private equity, family office, and investment management firms, serving firms with a collective AUM of more than $550 billion. The company’s name, which describes an idyllically happy and peaceful time, represents the firm’s commitment to fostering a positive workplace culture and building strong relationships with clients and partners.

“Employees are key to HalcyonFT’s success, so we work hard to build a corporate culture that values and empowers our team members,” said Rodric O’Connor, Founder and Managing Partner.

“Employees are key to HalcyonFT’s success, so we work hard to build a corporate culture that values and empowers our team members,” said Rodric O’Connor, Founder and Managing Partner. “Earning the Great Place to Work certification two years in a row validates these efforts and confirms that we’re on the right track.”

Steffany Hofmeister, Director of People & Culture, points to HalcyonFT’s intentionally collaborative environment, where “every team member is important, equal, and valued.” Under her direction, the company organizes events, team meetings, dinners, and philanthropic events to boost morale and build the team. She notes this work is particularly important, given that much of the team’s work is performed remotely.

For details about HalcyonFT’s Great Place To Work Certification™, visit https://www.greatplacetowork.com/certified-company/7056246.

About Halcyon Financial Technology

Halcyon Financial Technology, L.P. (“HalcyonFT”), is an information technology services firm founded in 2010 by industry veteran Rodric O’Connor. Focused exclusively on serving financial services firms, HalcyonFT delivers outsourced IT solutions with a comprehensive understanding of industry trends, challenges, and expectations. HalcyonFT offers an unparalleled degree of professional IT service encompassing top-level strategic leadership from an award-winning CTO, along with the deep knowledge and focus of all staff in the specific requirements of the financial services industry. For more information, please visit http://www.halcyonft.com.

About Great Place to Work Certification™

Great Place To Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike.

About Great Place To Work®

As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List. Learn more at greatplacetowork.com.

Media Contact

Steffany Hofmeister, Halcyon Financial Technology, L.P., 1 628-226-8158, steffany.hofmeister@halcyonft.comhttps://www.halcyonft.com/

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SOURCE Halcyon Financial Technology, L.P.

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Artera Announces New AI Products and Harmony Platform Enhancements

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Two New AI Co-Pilots for Staff and Insights Offered Alongside 
Multiple Artera Harmony Platform Updates

SANTA BARBARA, Calif., Oct. 18, 2024 /PRNewswire/ — Artera, the leader in patient communications and trusted partner to more than 800 healthcare organizations, unveiled its latest AI products at the Artera Heartbeat Annual Customer Conference. With a mission to make healthcare number one in customer service, Artera announced two new AI-powered products — Artera Staff AI Co-Pilot and Artera Insights AI Co-Pilots — and significant updates to its award-winning patient communications platform, Artera Harmony.

These advancements aim to enhance patient experience, streamline healthcare operations and reduce administrative burden.

Artera Staff AI Co-Pilot: 
The Artera Staff AI Co-Pilot is designed using healthcare conversational data to assist administrative staff in managing patient communications faster and more accurately. The Staff AI Co-Pilot includes four skills to improve patient communications, increase response time and reduce administrative staff burden:

Translation: Provides culturally-relevant, real-time translation for inbound patient messages and outbound staff responses using the patient’s preferred language, ensuring the language is never a barrier to care.Predictive Text: Offers real-time text suggestions to help staff respond faster and more accurately to patient inquiries.Message Shortening: Helps rewrite longer messages, optimizing the messages for brevity and clarity, and reduces the number of overall messages sent to patients.Conversation Summaries: Summarizes patient conversations, making it easier for staff to summarize and document conversation history, including saving in Electronic Health Record (EHR) systems.Available now with Artera Harmony.

Artera Insights AI Co-Pilot:
Designed to help healthcare organizations make data-driven decisions, the Artera Insights AI Co-Pilot analyzes patient engagement data to provide actionable insights and timely recommendations. Currently available are:

Smart No-Show Reports: Using predictive analytics, Smart No-Show Reports identify patients at risk for missing appointments, offering healthcare providers the opportunity to intervene, engage and ideally improve care. Available now with Artera Harmony.

Coming in Q1 2025:

Smart No-Show Inbox: Expands on the Smart No-Show Reports by visually tagging within the Inbox anyone at risk for no-shows.Smart No-Show Trigger: Automate outreach to your at-risk patient appointments leveraging Artera Triggers.Next Best Actions: Provides a dashboard inside the Staff Console to surface key insights and suggested follow-up actions.

Artera Harmony Enhancements
Artera continues to enhance Artera Harmony, the award-winning patient communications SaaS platform, leveraged by today’s leading healthcare organizations. At Artera Heartbeat’24, several new Harmony features were unveiled: 

Flows: Enables multi-step conversation sequences while leveraging Natural Language Understanding (NLU) to automate patient engagement. New reusable Message Blocks, a Template Library and Flows reporting are now natively available within Harmony.Homepage with Next Best Actions: Artera homepage with clear “action items” for users, highlighting conversations needing attention and/or general insights from engagement data.Message Categorization: Uses Machine Learning models to categorize patient communications, powering new reports, new inbox filters and new home page insights.Native Value Reports: Analytics infrastructure built directly into Artera’s product, putting performance benchmarking, ROI reporting and greater reporting capabilities at the fingertips of staff users.Available now with Harmony.

Coming in Q1 2025:

Smart Inbox: An enhanced inbox UI/UX that allows staff to manage larger patient populations.

About Artera Heartbeat 
Artera Heartbeat is Artera’s premier customer conference for healthcare leaders seeking to transform patient communication. The event brings together industry experts, thought leaders and Artera customers to discuss the future of healthcare communication and showcase the latest innovations from Artera, Artera customers and Artera Marketplace Partners. Attendees benefit from hands-on workshops, visionary keynote sessions, affinity sessions with like-minded leaders and exclusive access to the latest product updates from Artera.

About Artera 
Artera is a SaaS digital health leader redefining patient communications. Artera is trusted by 800+ healthcare systems and federal agencies to facilitate approximately 2 billion communications annually, reaching 100+ million patients. The Artera platform integrates across a healthcare organization’s tech stack, EHRs and third-party vendors to unify, simplify and orchestrate digital communications into the patient’s preferred channel (texting, email, IVR, and webchat), in 109+ languages. The Artera impact: more efficient staff, more profitable organizations and a more harmonious patient experience.

Founded in 2015, Artera is based in Santa Barbara, California and has been named a Deloitte Technology Fast 500 company (2021, 2022, 2023), and ranked on the Inc. 5000 list of fastest-growing private companies for five consecutive years. Artera is a two-time Best in KLAS winner in Patient Outreach.

For more information, visit www.artera.io.

Forward-looking statements: These statements are based on current information and are subject to change without notice. They may not be accurate or reliable, and actual events may differ from those projected.

Disclaimer of responsibility: The company is not responsible for the correctness, completeness, or accuracy of the statements. The company also excludes claims for damages based on the press release.

Right to make changes: Artera reserves the right to make changes without notice in design, specifications, and models. The only warranty Artera makes is the express written warranty extended on the sale of its service(s) and/or product(s).

View original content to download multimedia:https://www.prnewswire.com/news-releases/artera-announces-new-ai-products-and-harmony-platform-enhancements-302280616.html

SOURCE Artera

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Isabelle Delisle Takes Over as Scientific Director at INRS

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After an interim period, the manager and biologist has officially assumed the role

QUEBEC CITY, Oct. 18, 2024 /CNW/ – The Institut national de la recherche scientifique (INRS) is announcing the appointment of its new Scientific Director, Isabelle Delisle. She begins today.

Her appointment is excellent news for the continuity of INRS’s strategic and scientific objectives. Isabelle Delisle’s vision will contribute to INRS’s growth and transformation while maintaining its position as a unique academic institution and a key partner in Quebec’s scientific ecosystem.

“To achieve INRS’s lofty ambitions, we need someone who can bring teams together and encourage collaboration. Her vigour and creativity will be indispensable assets for carrying out our new strategic plan,” enthuses INRS Chief Executive Officer Luc-Alain Giraldeau.

A key role at INRS

Now officially at the helm of INRS’s Scientific Direction after a rigorous selection process, Isabelle Delisle will lead a team of 75 people dedicated to supporting the internal community in conducting research and training. Her team will spearhead the development of strategic alliances with private and public partners. Her duties will also include overseeing the National Experimental Biology Laboratory; faculty and international affairs; sustainable development; and activities related to equity, diversity, and inclusion.

A career dedicated to management in higher education

Isabelle Delisle holds a Ph.D. in biology with a specialization in systematics and evolution. She was a professor and researcher at the University of Alberta before shifting focus to Quebec’s academic milieu. After working in an advisory capacity for six years, she then served as a dean at Vanier College from 2017 to 2021.

Isabelle Delisle joined INRS in 2021 as Associate Scientific Director. She has been working as Interim Scientific Director since July 2023. During the transitional period, she and her team were responsible for negotiating and signing the collective agreement for the INRS professors’ union, creating the Bureau de l’international, and INRS earning a STARS Gold rating. She also oversaw the full deployment of the Service des partenariats stratégiques, which led to the creation of two partnership chairs, as well as the appointment of the first municipal scientific advisor from INRS and the signing of 13 new institutional partnership agreements.

Isabelle Delisle’s extensive experience has given her solid expertise in higher education management, particularly in planning and governance, professional and faculty human resources management, program development, and innovation management.

Since joining INRS, Isabelle Delisle has demonstrated outstanding leadership, earning her a management excellence award in 2023. She also sits on a number of institutional bodies, boards, and management committees, sharing her expertise with the community.

About INRS 

INRS is an academic institution dedicated exclusively to graduate research and training in strategic sectors in Quebec. For the past 55 years, it has actively contributed to Quebec’s economic, social, and cultural development. INRS is first in Canada in research intensity. It is made up of four interdisciplinary research and training centres located in Quebec City, Montreal, Laval, and Varennes, which focus their efforts on strategic sectors: water, earth, and environment (Eau Terre Environnement Research Centre); energy, materials, and telecommunications (Énergie Matériaux Télécommunications Research Centre); urbanization, culture, and society (Urbanisation Culture Société Research Centre); and health and biotechnology (Armand-Frappier Santé Biotechnologie Research Centre). The INRS community includes over 1,500 students, postdoctoral fellows, and faculty and staff members.  

SOURCE Institut National de la recherche scientifique (INRS)

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