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RREAF Holdings Announces Expansion into Outdoor Living Platform

RREAF Holdings successfully closes the first tranche of RV Parks with a total capitalization of $157 million

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DALLAS /PRNewswire/ — RREAF Holdings LLC, a private real estate development firm, today announced the launch of its fifth platform: Outdoor Living. The company has completed the acquisition of five RV parks with a total capitalization of $157 million. The properties are located in Alabama, Florida, and Texas. RREAF plans to develop additional pads and upgrade existing amenities. RREAF is planning an acquisition of a second tranche of RV parks this year, at an anticipated total capitalization of $550MM.

RV ownership has risen over the past two decades, with 11.2 million RV-owning households but only 1.7 million pads with necessary services like water, sewer, and power. With the RV industry expected to nearly double in value to $64 billion by 2024 and over $88 billion by 2028, the new RREAF platform is positioned to deliver well-located, high-quality, highly amenitized outdoor living properties catering to middle America.

“The RV sector has astonishing growth opportunities stimulated by the economy and the evolution of remote work and school options,” said Kip Sowden, CEO of RREAF Holdings. “RREAF Outdoor Living will capitalize on this booming sector of real estate for decades to come. With best-in-class management and highly amenitized options for our guests, we are creating a new segment in the Outdoor Living space and plan on being a significant player as we help it evolve.”

Amenities across the parks include resort-style pools, lazy rivers, rope courses, fitness centers, outdoor games, family entertainment facilities, deluxe cabins, golf carts, water slides, basketball courts, pickleball courts, converted “glamping” tiny homes/cabins, mini golf, fire pits, outdoor kitchens, dog parks, onsite laundry, playgrounds, onsite boat and trailer storage, lakes for fishing, zip lining, marinas, and more.

“We realize that a lot of people are looking to downsize their homes and have an adventure at the same time,” said Jason Cherry, partner at RREAF Holdings. “RREAF Outdoor Living parks will supply much-needed additional pads with highly amenitized options to cater to the demand.”

As part of a five-year plan, RREAF is finalizing site and construction plans, RREAF estimates the branding will be in place across all parks approximately 12 months after takeover. During this time, RREAF will hire and prepare onsite staff, as construction for all the parks is expected to be completed and operating at total capacity between Q2 2025 to Q1 2026.

“For years, we have seen the demand for more RV parks across the U.S. grow. Between homeowners looking to change up their housing lifestyles to individuals wanting the comfort of their own home while they’re on the road, RV parks have become a booming part of the ever-growing real estate sector,” said RREAF Holdings’ Chief Investment Officer Graham Sowden. “With the launch of RREAF Outdoor Living, we are taking RV parks to a new level. RREAF Holdings is committed to growing this platform for our guests and our investors.”  

For more information, please visit: https://rreaf.com/.   

About RREAF Holdings

RREAF Holdings LLC (“RREAF”) is a privately held, vertically integrated commercial real estate company based in Dallas, Texas, with roots that go back 37 years in the industry. RREAF focuses its portfolio of commercial real estate projects and development under five main divisions catering primarily to middle America with its programmatic value-add multifamily acquisitions, opportunistic hospitality and resort acquisitions, core ground-up development, large and highly amenitized master planned developments, acquisition / re-development of RV Resort Communities, Student Housing, and its ground-up extended stay hospitality development division.

RREAF and its subsidiary companies employ over 450 people directly and many thousand indirectly, mainly across the Sun Belt region, handling a wide range of commercial real estate investment matters, including in-house underwriting, due diligence, capital markets, acquisition, asset management, property management, construction management, project development, accounting, and legal support. RREAF and its debt and equity partners have built a diversified portfolio in its core competencies in excess of $4.5 billion in assets under management, across 15 states. Winner of the 2021 and 2022 Multifamily Operator of the Year Award and selected as an Optigo® 2022 and 2023 Select Sponsor, RREAF values its impact on local communities. RREAF’s mission is to enhance the lives of its investors, partners, residents, and guests by providing outstanding service, excellence, and expertise with integrity, vision, values, and purpose. For more information, please visit www.rreaf.com.

About RREAF’s Outdoor Living Platform

RREAF’s Outdoor Living Platform is a notable milestone in the organization’s history. With a comprehensive range of high-end amenities, including pickleball courts, dog parks, resort swimming pools, cabanas, and restaurants, the luxury RV platform should attract a diverse range of age groups, from the 55+ demographic to younger generations.

SOURCE RREAF Holdings LLC

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Enterobacter bugandensis: A Superbug from the Stars and Its Implications for Space Exploration

NASA has discovered *Enterobacter bugandensis*, a multidrug-resistant superbug aboard the ISS, posing significant health risks to astronauts.

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space fire galaxy universe. Enterobacter bugandensis
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Enterobacter bugandensis

In a discovery that sounds straight out of a sci-fi horror film, NASA recently announced the identification of a new multidrug-resistant bacterium aboard the International Space Station (ISS). Dubbed Enterobacter bugandensis, this superbug not only raises eyebrows but also presents significant health risks for astronauts venturing into the great unknown.

The Discovery: An Unsettling Find

The identification of E. bugandensis is a chilling reminder of the unexpected challenges that come with space exploration. This bacterium has mutated in the isolated, unique environment of outer space, rendering it genetically distinct from its Earth-bound relatives. The result? A formidable adversary for human health, capable of resisting common antibiotics that would typically combat its terrestrial counterparts.

Collaborative research conducted by IIT Madras and NASA revealed a wealth of information about this superbug, encompassing its prevalence, distribution, and colonization patterns in the microgravity environment of the ISS. The results are not just startling; they compel us to rethink our approach to microbial management in space.

Sci-Fi or Reality? The Horror Unfolds

Imagine a creature lurking within the confines of the ISS, much like an antagonist from a John Carpenter film or the ominous Hunter Seeker robo-wasp from Dune: Part One. E. bugandensis has thrived in the station’s isolated systems, benefiting from the absence of natural competition. The bacterium’s ability to acquire iron and its interactions with other microorganisms have facilitated its extraordinary resilience.

Scientists have uncovered remarkable genomic adaptations that bolster the superbug’s ability to withstand the extreme conditions of space. These adaptations diverge significantly from those found in the more benign strains of bacteria typically encountered on Earth, emphasizing the unique challenges posed by microgravity.

Intimidating Adaptations for Survival

The incredible adaptability of microorganisms is well-documented; however, E. bugandensis takes this to a new level. While most microbes aboard the ISS exist in a state of relative stability, this superbug has undergone genomic changes that allow it to thrive in a microgravity environment. Such transformations are not merely survival tactics; they underscore the bacterium’s unique evolutionary path, setting it apart from any counterparts on our home planet.

As scientists delve deeper into the genetic nuances of E. bugandensis, they reveal a complex web of interactions with other microbial inhabitants of the ISS. This interplay not only ensures the bug’s survival but also raises alarms about the potential health risks it poses to astronauts, particularly concerning respiratory infections.

Astronaut Immunity: A Critical Concern

One of the most pressing issues surrounding E. bugandensis is the compromised immune systems of astronauts during long-duration missions. The microgravity environment induces various physiological changes that may leave astronauts more vulnerable to infections. With the presence of this resilient superbug aboard the ISS, the danger of illness becomes an even greater concern, especially given the limited access to medical facilities in space.

To mitigate these risks, NASA is prioritizing ongoing studies of E. bugandensis and other microorganisms aboard the ISS. Understanding the behavior and adaptations of these space-dwelling microbes is crucial for ensuring the health and safety of astronauts on future missions to the Moon, Mars, and beyond.

Earthbound Implications: A Cautionary Tale

While the immediate focus is on the health risks posed to astronauts, the existence of E. bugandensis also raises questions about potential implications for Earth. Could a superbug adapted to the harsh realities of space somehow find its way back to our planet? While this scenario may sound like the plot of a science fiction thriller, it underscores the need for vigilance in monitoring microbial life in extraterrestrial environments.

Dr. Kasthuri Venkateswaran of NASA’s Jet Propulsion Laboratory, along with a collaborative team from IIT Madras, has been at the forefront of this research. Their work not only highlights the challenges of microbial management in space but also emphasizes the need for robust biosecurity measures to protect both astronauts and life on Earth.

Conclusion: A New Chapter in Space Exploration

The discovery of Enterobacter bugandensis serves as a stark reminder of the complexities and unforeseen challenges of space exploration. As we journey further into the cosmos, understanding and managing the microbial life we encounter will be paramount for the health and safety of astronauts. In this new frontier, every unexpected finding—be it a superbug or a new form of life—requires careful consideration and proactive measures to ensure a safe return to Earth.

As we look to the stars, we must also remain grounded in our commitment to understanding the intricate web of life that exists, even in the most unwelcoming environments. The future of space exploration may depend on it.

Learn more about Enterobacter bugandensis in the peer-reviewed article published in Nature. https://www.nature.com/articles/s41598-018-23069-z

The science section of our news blog STM Daily News provides readers with captivating and up-to-date information on the latest scientific discoveries, breakthroughs, and innovations across various fields. We offer engaging and accessible content, ensuring that readers with different levels of scientific knowledge can stay informed. Whether it’s exploring advancements in medicine, astronomy, technology, or environmental sciences, our science section strives to shed light on the intriguing world of scientific exploration and its profound impact on our daily lives. From thought-provoking articles to informative interviews with experts in the field, STM Daily News Science offers a harmonious blend of factual reporting, analysis, and exploration, making it a go-to source for science enthusiasts and curious minds alike. https://stmdailynews.com/category/science/

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The Return of Supersonic Travel: A Nostalgic Pilot’s First Look at the Future

Mike Bannister, former Concorde pilot, tests the futuristic flight deck of Boom Supersonic Overture.

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In the heart of the summer, at the bustling Farnborough International Airshow, a significant piece of aviation history intertwined with the future of supersonic travel. Mike Bannister, the former chief Concorde pilot renowned for his extensive experience with the iconic supersonic jet, took a remarkable step into the cockpit of the future. He had the unique opportunity to test the Overture flight deck simulator—introduced by Boom Supersonic—which promises to redefine high-speed commercial flight.


Bridging Generations of Aviation

The Concorde, retired two decades ago, was a symbol of speed and luxury, though encumbered with a complex cockpit crowded with knobs and gauges. Step into the era of Boom’s Overture, and the surroundings transform into something from a sci-fi film. The cockpit unveiled at the airshow, showcased sleek touchscreen interfaces replacing the myriad buttons of the past. The new design, according to Boom, centers around pilot convenience and a stark emphasis on safety.

“For someone who’s spent years flying a plane as iconic as the Concorde, seeing and experiencing the Overture’s advanced controls—it’s exhilarating,” Bannister shared after his simulation ride. “It’s not just about reliving the past speeds but stepping into a future where flying is not just faster but also significantly simpler.”

Simplicity and Safety in Design

The Overture’s designers have not simply focused on speed but brought forward a vision to streamline and enhance the flight experience. Incorporating feedback from real-world pilots, the cockpit is designed with an intuitive layout. Features like force-feedback sidesticks—a modern alternative to traditional yokes—offer pilots tactile feedback, mimicking the real-life responses of the aircraft.

“This new stick, it’s surprisingly intuitive,” remarked Brian Oliver, another former Concorde captain, echoing Bannister’s sentiments. “For someone who flew with yokes, adapting was a breeze, and the pressure feedback feels right.”

High-Tech Enhancements

Among the most futuristic aspects is the augmented reality system, replacing the old droop nose of the Concorde, which was mechanically lowered during takeoffs and landings to aid pilot visibility. Overture pilots will use augmented reality for enhanced situational awareness, benefiting from real-time digital overlays that guide safe landings and navigation.


Feedback from Wings of Experience

The transformation from analog to digital is stark, but former Consexual pilots find the transition smoother than anticipated. John Tye, another voice from Concorde’s past, commented on the ease with which he adapted to the controls: “It tells you something when you can jump into a simulator and almost immediately feel at home.”

Looking to the Skies

As we stand on the cusp of reviving commercial supersonic travel, the innovations in Overture’s cockpit represent a leap forward in making future air travel safer and more efficient. The advancements echo a shared sentiment among those who’ve commanded both Concorde and Overture: the spirit of supersonic travel is evolving, not just returning, and it’s coming with a promise of innovation crafted around the needs of those at the helm.

Boom Supersonic’s ambitions with Overture, reinforced by collaborations with leading aerospace technology experts, mark a committed step toward bringing the world closer, faster. As the prototypes transition into reality, both pilots and passengers may soon look forward to a new era where the allure of supersonic travel is commonplace, marrying nostalgia with groundbreaking advancements. Welcome back to the future of flying, where history meets innovation at mach speeds.

Read the story on the Boom Supersonic website: https://boomsupersonic.com/flyby/pilots-point-of-view-overtures-next-generation-flight-deck-mike-bannister

https://stmdailynews.com/boom-supersonic-announces-major-advances-in-overture-aircraft-and-symphony-engine-development/

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Six Flags Removes Surcharge Fee on Food and Merchandise Following Customer Backlash

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red roller coaster. Surcharge Fee
Photo by Stas Knop on Pexels.com

In a move that underscores the power of consumer feedback, Six Flags has announced the elimination of the surcharge fee on food, beverages, and retail purchases at its Texas parks. This decision comes after months of criticism from park-goers who felt the additional cost was an unwelcome burden during their visits.

Six Flags Surcharge Fee

Initially implemented earlier this year, the surcharge of $1.30 was added to every transaction involving in-park food and merchandise, clearly itemized as a separate line on receipts. The fee was introduced in response to rising labor and supply costs, which had been exacerbated by the economic challenges posed by inflation. However, as many families and thrill-seekers flocked to Six Flags for a day of fun, the new surcharge quickly became a point of contention.

Guests at theme parks often budget for a day filled with rides, games, and meals, and the addition of any unexpected fees can significantly impact their experience. While some parks, such as Disney World, allow guests to bring in outside food to mitigate high dining costs, Six Flags maintains a strict policy against outside food and drinks unless a guest has a documented food allergy. This left many visitors with no choice but to purchase food within the park, which was further complicated by the surcharge.

Tim Fisher, the Chief Operating Officer of Six Flags, acknowledged the concerns raised by guests in a recent news release. “We always welcome feedback from our guests on how we can improve their experience at our parks,” he said. “The surcharge fee at the legacy Six Flags parks was a frequent target for criticism, and we are committed to listening to our customers.”

The decision to remove the surcharge fee is a clear indication that Six Flags is willing to adapt based on customer sentiment. In an era where consumers are increasingly vocal about their experiences, this reversal showcases the importance of listening to feedback and the impact it can have on business practices.

As the parks gear up for another busy season, the removal of the surcharge fee is expected to enhance the overall experience for visitors, allowing them to enjoy their favorite rides and attractions without the added concern of unexpected costs. It remains to be seen how this change will affect customer satisfaction and park attendance, but one thing is certain: Six Flags is taking steps to ensure that its guests feel valued and heard.

So for those planning a trip to one of Texas’ Six Flags parks, it’s time to celebrate the return of a more transparent pricing model—one that aims to make your day of fun just a little bit more enjoyable!

https://investors.sixflags.com/news/press-releases/press-release-details/2024/Six-Flags-Eliminates-Guest-Surcharge-Fee-at-Participating-Legacy-Six-Flags-Parks/default.aspx

Looking for an entertainment experience that transcends the ordinary? Look no further than STM Daily News Blog’s vibrant Entertainment section. Immerse yourself in the captivating world of indie films, streaming and podcasts, movie reviews, music, expos, venues, and theme and amusement parks. Discover hidden cinematic gems, binge-worthy series and addictive podcasts, gain insights into the latest releases with our movie reviews, explore the latest trends in music, dive into the vibrant atmosphere of expos, and embark on thrilling adventures in breathtaking venues and theme parks. Join us at Looking for an entertainment experience that transcends the ordinary? Look no further than STM Daily News Blog’s vibrant Entertainment section. Immerse yourself in the captivating world of indie films, streaming and podcasts, movie reviews, music, expos, venues, and theme and amusement parks. Discover hidden cinematic gems, binge-worthy series and addictive podcasts, gain insights into the latest releases with our movie reviews, explore the latest trends in music, dive into the vibrant atmosphere of expos, and embark on thrilling adventures in breathtaking venues and theme parks. Join us at [insert website URL] and let your entertainment journey begin! https://stmdailynews.com/category/entertainment/

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