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
DOLL OF THE YEAR FINALIST, THE FRESH BEATS DOLLS SET FOR ANIMATED SHORT SERIES
Ahead of the Biggest Week in Toys, The Dr. Lisa Company and Composition Media to Bring Entertainment Content to Diverse Audiences
ORLANDO, Fla. /PRNewswire/ — Rocking to the rhythm of authenticity and diversity, The Fresh Beats Dolls, Doll of the Year Finalist at this week’s 2023 Toy of the Year® (TOTY®) Awards, will come to life in an animated short series from EPI, the toy and publishing division of The Dr. Lisa Company, founder Dr. Lisa Williams, and Carl Reed’s animation studio Composition Media.
Being honored as a Doll of the Year Finalist with the biggest names in the toy industry is monumental for EPITweet
“From being honored as a Doll of the Year Finalist with the biggest names in the toy industry, showcasing our diverse line at Toy Fair, and preparing for our first animated series, this is a monumental week for EPI,” said Dr. Lisa Williams, The Dr. Lisa Company, CEO and Founder.
“We’ve been working to expand into content behind the scenes for some time,” Williams continued. “Carl’s extensive experience and mission to highlight minority and underrepresented communities perfectly align with our vision – to ensure Black and Brown children see themselves reflected in toys and entertainment, to embrace their beauty and build their self-esteem.”
“It’s an honor to be working with Dr. Lisa Williams, a pioneering leader in the toy industry who shares the same commitment to bringing diversity to young audiences,” said Carl Reed. “By bringing The Fresh Beats Dolls to life, we’re expanding the opportunity for kids to experience these relatable and captivating characters in a new way.”
The Fresh Beats Dolls is an animated series of six, three-minute shorts and centers around a titular girl group forming over the course of a EuroVision-type singing competition. The short series is set to debut later this Fall on YouTube.
Each 10″ doll in The Fresh Beats Dolls Collection features custom-blended skin tones and premium rooted hair with authentic textures, including patent-pending locs. From pop princess Bao BBY, to non-binary hip hop queen Beigne au Lei, and rock star Loxx, each embraces diverse and relatable personalities and stage-ready fashions. Dolls are available now at Target for $17.99 each.
Dr. Lisa Williams is also a 2023 Toy of the Year Finalist in the Champion of Diversity and Inclusion category and recognized as an individual who has made outstanding contributions or acted as a change catalyst to develop purposeful, environmentally friendly, and mission-driven programs that lead the way in creating a better future for the toy industry. The 2023 Toy of the Year Award winners will be announced on Friday, September 29, in New York City ahead of this year’s Toy Fair®.
EPI won Doll of the Year in 2022 for Marvel’s Black Panther: Wakanda Forever Fresh Fierce Collection. The company will be showcasing The Fresh Beats Dolls and more at New York Toy Fair at Booth 2779.
Carl Reed, producer of the Academy Award-winning short “Hair Love,” founded Composition Media to present universally themed stories to audiences seeking elevated content. Earlier this year, the company announced a major anime production partnership with Black Sands Entertainment, a leading force in Black comic book publishing. Additional projects in development include a feature film co-produced alongside Steve Harvey’s East 112; and “Sky & Luna,” the first movie in an eight-picture slate partnership with Labid Aziz’s PoC Studios and Man of Action Entertainment. Reed most recently served as a producer on Max’s “Young Love,” the “Hair Love” spinoff series starring Issa Rae and Kid Cudi.
About The Dr. Lisa Company:
The Dr. Lisa Company is a Black Woman-Owned multi-million dollar powerhouse, incorporating EPI, a leading multicultural toy manufacturing and design firm, including an animation division. Since establishing the company in 2003, to create dolls so children of all ethnicities can grow up seeing their beauty reflected back at them, Dr. Lisa Williams has since been recognized as a pioneer and leader in the industry. Dr. Lisa was named the 2022 Women in Toys Wonder Woman Rising Star Manufacturer and 2023 Toy Association’s Finalist for Champion of Diversity and Inclusion.
EPI brands include The Fresh Dolls (named Oprah’s Favorite Things), The Fresh Beats (2023 TOTY Doll of the Year Finalist), Positively Perfect Dolls, Fresh Squad, Simply Fresh Dolls, Fresh Fashions and Accessories. The sculpts are one-of-a-kind pieces of art, with unique facial features, custom blended skin tones, and a variety of hair textures, reflective of ethnicities found around the world – African American, Afro-Latina, Latino/Hispanic, Caucasian, and Mixed-Race/Bi-Racial. EPI dolls are priced for every budget, so every child has access and can be found in stores across the globe, including giant retailers like Target, Walmart, Meijer, Amazon, and Macy’s. https://thefreshdolls.com/
About Composition Media:
Founded by Carl Reed, Composition Media is a diverse and forward-thinking animation studio with an innovative approach to making animated film and TV content for a global audience.
As an organization that embraces and embodies disruption in the entertainment ecosystem, Composition Media presents universally themed stories to audiences looking for elevated content. Adopting a transmedia approach to seed and develop IP through collaboration with storytellers around the world, Composition Media brings fresh entertainment properties to audiences globally.
Prior to launching Composition Media, Carl Reed co-founded Lion Forge Comics, and later co-founded Lion Forge Animation, serving as its President and Chief Creative Officer. While with Lion Forge, Reed produced Matthew Cherry’s “Hair Love,” which won an Academy Award® for Best Animated Short, “Rise Up, Sing Out,” an Annie Award and NAACP Image Award-nominated animated musical series featuring music by The Roots for Disney Junior/Disney+, and the Emmy-nominated animated musical series “Rhymes Through Times” created by Nick Jr./Noggin featuring music performed by Christopher Jackson (“Hamilton”).
SOURCE The Dr. Lisa Company
Nigeria National Day
The United States and Nigeria have developed a robust partnership founded on shared values and the pursuit of a more peaceful, prosperous, and secure world.
WASHINGTON, 30 September 2023 / PRN Africa / — Antony J. Blinken, Secretary of State
On behalf of the United States of America, I congratulate the people of Nigeria on the 63rd anniversary of your independence.
The United States and Nigeria have built a strong partnership based on our shared values and common pursuit of a more peaceful, prosperous, and secure world. The United States is committed to strengthening our partnership and continuing to work together to promote inclusive economic growth, safeguard human rights, and combat insecurity. We commend Nigeria for its regional and global leadership, including its efforts to protect and advance democracy.
I send my best wishes to the people of Nigeria. I look forward to deepening our close partnership and advancing our shared goals in the year to come.
SOURCE US Department of State
International Day of Non-Violence: Embracing Gandhi’s Legacy
International Day of Non-Violence: Embracing Gandhi’s legacy, promoting peace and non-violent action worldwide. #NonViolenceDay
Today, on the International Day of Non-Violence, we commemorate the birth of Mahatma Gandhi, a man whose teachings have left an indelible mark on the world. Gandhi’s unwavering commitment to peace and justice continues to inspire millions to this day. His philosophy of non-violence, or “ahimsa,” showed the world that there are just means to achieve just ends.
To honor this day, we can reflect on Gandhi’s wisdom and learn from his life. Familiarize yourself with his teachings and seek inspiration from his quotes, reminding us that violence only begets more violence.
Participating in events organized by the United Nations or local communities is another way to honor this day. These gatherings provide opportunities to celebrate Gandhi’s life and principles while fostering a sense of unity and non-violent action.
Alternatively, engage in a random act of kindness. Let Gandhi’s spirit guide you to make someone’s day brighter, whether through a small gesture or a selfless act. By embodying kindness and compassion, we can contribute to a world that echoes the change we wish to see.
On this International Day of Non-Violence, let us remember Gandhi’s profound impact and strive to cultivate a culture of peace, empathy, and understanding. Together, we can create a world where non-violence is the catalyst for positive change.
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