Consumer technology marketing leader joins Rula to accelerate brand growth and build national awareness of accessible, high-quality mental healthcare

LOS ANGELES, Oct. 28, 2026 /PRNewswire/ -- Rula Health, a nationwide behavioral health provider delivering accessible, high-quality care, today announced the appointment of Taylor Hawes as the company's Chief Marketing Officer. In this role, Hawes will oversee Rula's marketing strategy, with a focus on strengthening relationships with patients and partners, communicating the value of its care model and further solidifying Rula as one of the most trusted names in mental healthcare.

Hawes brings more than 15 years of marketing and growth leadership experience across consumer and SMB subscription businesses. He has a proven track record of rapidly scaling brands, building high-performing teams and driving growth in competitive markets. Most recently, Hawes served as CMO at Point Wild. Previously, he held senior leadership roles at Aura, where he helped establish and scale the company's direct-to-consumer business into a leading consumer security brand, and served as CMO of HostGator under Endurance International Group.

Hawes joins Rula following a year of significant growth and brand investment. In 2026, Rula surpassed 10 million patient sessions, launched its first national brand platform, "Turn Off the Talk Track," and released its first annual Clinical Report, highlighting the company's commitment to high-quality, measurement-informed care. Together, these milestones reflect Rula's focus on expanding access, demonstrating the value of its care model, and building greater awareness and trust among patients, providers and healthcare partners.

"Rula was built to raise expectations for mental healthcare, where clinical quality is measurable and reliable," said Josh Bruno, CEO of Rula. "Taylor brings an exceptional background in building brands people genuinely trust, and his leadership will be key as we continue to raise the standard for what high-quality, outcomes-driven care looks like."

"Mental healthcare is deeply personal, and trust plays an important role in how people choose and experience care," said Hawes. "What drew me to Rula is the company's commitment to not just delivering care, but understanding whether it's actually working for patients. I'm excited to help bring that story to more people and shape the next chapter of Rula's growth."

The appointment comes as Rula continues to expand its national reach, connecting patients with a network of more than 22,000 licensed providers and access to care through insurance plans covering more than 200 million people nationwide.

For more information on this announcement and regarding Rula's services, visit: https://www.rula.com/.

About Rula Health

Rula is a comprehensive behavioral health solution that makes high-quality mental health care more accessible and affordable. With a nationwide network of more than 22,000 licensed providers, Rula offers next-day availability for therapy and psychiatry, 24/7 crisis support, and a seamless digital experience that connects patients to the right care quickly. Patients can match with a provider in minutes, verify insurance coverage and out-of-pocket costs upfront, attend secure telehealth sessions, and track their progressâall within a single, easy-to-use platform. Rula partners with most major insurance networks, including Aetna, Anthem, Cigna, Kaiser, UnitedHealthcare, and many Blue Cross and Blue Shield plans, covering more than 200 million lives across the U.S. Learn more at Rula.com.

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NEW YORK, Oct. 28, 2026 /PRNewswire/ -- Sava, the next-generation trust company, today emerged from stealth with $10 million in funding led by Gradient Ventures, with participation from Y Combinator, SV Angel, Instacart co-founder Max Mullen, Orange Collective, and SurgePoint Capital. The company provides administrative trustee services through its subsidiary, Sava Trust Company, an independent corporate fiduciary chartered in Nevada.

Notable strategic operators joined Sava's round, including Tomer London (co-founder of Gusto) and Eleonora Sharef (former Head of Private Wealth at McKinsey). Sava was founded by technologist and serial entrepreneur Nimit Maru, founder of Fullstack Academy (acquired in 2019) and Bloomspot (acquired in 2012 by JPMorgan Chase Bank), and Rush Sadiwala, a repeat founder of VC-backed startups and accomplished private investor.

Sava is building modern, agentic software infrastructure to make the creation, funding, and administration of trusts quicker and simpler for families, advisors, estate attorneys, tax professionals, and trust officers operating in the $6.5+ trillion U.S. trust and estate industry. Sava Trust Company acts as administrative trustee to handle ongoing compliance, reporting, and disbursements over the life of a trust without compromising the attorney-client or advisor relationship.

The team combines deep expertise in AI, software engineering, product design, and institutional trust & estate administration, including Head of Trusts Jordan Wolff, who brings 20+ years of experience in the industry. Wolff held leadership roles at state- and national-level trust companies, most recently serving as Head of Trust & Estate Administration at Hightower Advisors ($340B+ AUM). By combining a regulated fiduciary with domain expertise and agentic software infrastructure, Sava delivers a faster and more transparent experience for onboarding, funding, and administering trusts, at a more accessible price point to expand access to estate planning tools traditionally reserved for high-net-worth individuals.

Every year, thousands of founders, early employees, and professionals come into real wealth for the first time, through a sale, an IPO, or a secondary. A trust is often the best way to protect that money, pass it on, or give it away. But setting one up still means weeks of back-and-forth among an attorney, a financial advisor, a CPA, and a trust officer, run through a "black box" of email, PDFs, and phone calls. The client rarely knows where things stand, and the cost and friction keep many people who would benefit from ever starting. Sava was built for that person and the professionals who serve these individuals.

Rather than layering technology onto broken legacy systems, Sava is rebuilding the underlying infrastructure of trust administration from the ground up. As a Nevada-chartered trust company, Sava combines the regulatory foundation and fiduciary oversight of a traditional institution with modern technology. AI agents orchestrated by human trust officers compress the time to complete administrative workflows, including onboarding, document extraction, KYC/compliance checks, custodian data synchronization, P&I accounting, and distributions, eliminating errors caused by past manual-only processes. Experienced human trust officers review and approve the work, and remain liable for fiduciary decisions executed according to clients' trust documentation.

"Trusts are powerful tools for protecting and transferring wealth, and we see an enormous opportunity to make them more accessible," said Nimit Maru, co-founder and CEO. "Raising our seed funding and launching a Nevada-chartered trust company is a major milestone in our vision to create a better experience for families, attorneys, and advisors. With this funding, we're investing in our technology and infrastructure to deliver a world-class experience while bringing down costs and making these instruments available to far more people."

Sava is designed to make trust administration faster, more transparent, and significantly less expensive. The company is targeting onboarding in days, rather than weeks or months. Sava's platform gives clients, their attorneys, and financial advisors centralized, real-time visibility into their trust formation, funding, and administration. Clients pay a transparent, flat annual fee per trust, so families and their advisors know the cost from day one.

"Forming and managing trusts is unnecessarily complex and messy. When we first met the team at Sava, they already had a clear vision for how to automate the legal and financial components of this multi-trillion-dollar industry," said Darian Shirazi, general partner at Gradient. "With Nimit's experience selling a prior company to JPMorgan Chase, we also had confidence that the team would be able to build an AI agentic trust solution that met the expectations of financial regulators globally. We're proud to partner with Sava and lead their seed round as they bring AI to an industry we believe desperately needs innovation."

Sava Trust Company's Nevada charter allows clients nationwide to establish trusts in one of the most advantageous jurisdictions in the country while retaining their existing advisor and attorney relationships (or accessing one of Sava's vetted attorney partners). The company is developing API infrastructure to allow fintechs and financial platforms to embed trust capabilities directly into their products, creating further opportunities to make trusts more accessible beyond traditional high-net-worth estate planning.

About Sava

Sava is building the next-generation trust company. Founded by Nimit Maru and Rush Sadiwala, Sava develops the software and AI behind modern trust administration. Sava is headquartered in New York City and backed by Gradient, Y Combinator, SV Angel, Instacart co-founder Max Mullen, Orange Collective, and SurgePoint Capital.

About Sava Trust Company

Sava Trust Company, LLC is a Nevada-chartered trust company serving clients nationwide. Built with modern technology, it provides superior service to families, their attorneys, and financial advisors. Sava Trust Company is regulated by the Nevada Financial Institutions Division. Learn more at savatrustcompany.com/contact or reach out at [email protected].

Press Contact

[email protected]

+1 (607) 434-2065

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Former Fidelity Digital Asset Management and CoinDesk Indices leader to direct research across market structure, liquidity and onchain finance

NEW YORK, Oct. 28, 2026 /PRNewswire/ -- Talos, the premier provider of institutional technology and data for digital asset trading and portfolio management, announced the hiring of Kelly Ye as Head of Research. Based in New York, Ye will lead the firm's efforts to turn data into insights for institutional clients, connecting market research to the questions clients face on market structure, liquidity, emerging opportunities and developments in onchain finance.

Ye brings nearly two decades of experience across traditional finance and digital assets, including 14 years in traditional finance spanning research, portfolio management and product development. She held investment leadership roles in digital assets at Avenir Group and Decentral Park Capital, and research and product leadership roles at Fidelity Digital Asset Management and CoinDesk Indices. Most recently, she was building Coinbridge, a company focused on bridging the capital gap for tokenized real-world assets. Ye holds a bachelor's degree in Applied Mathematics from Peking University and a master's degree in Operations Research from MIT, and is a CFA charterholder.

"Data has been part of our vision for Talos since the beginning, and our acquisition of Coin Metrics made it a central part of the platform," said Anton Katz, CEO and Co-Founder of Talos. "Kelly has built research and investment products at both traditional and digital asset firms, and she understands how institutions use research to make decisions. She will help our clients interpret markets as more assets move onto digital rails."

Ye will oversee Talos's research program, which serves asset managers, hedge funds, banks, brokers and other institutions across the platform and the broader market. Its output includes the weekly State of the Network newsletter on the evolution of onchain finance, the State of the Market dashboard and weekly market commentary, deep-dive special reports, and quarterly and annual market reports.

Talos's 2025 acquisition of Coin Metrics brought market data, network data, indexes and onchain analytics into Talos's order and execution management and portfolio management systems. Ye's appointment deepens that commitment, with a dedicated leader focused on broadening the research and data insights that help inform the decisions institutions make across the investment lifecycle.

"We're moving beyond digital assets toward digital markets, where traditional and onchain finance are increasingly connected," said Ye. "Institutions need rigorous research that explains how this shift changes liquidity, market structure and investment opportunities. Talos brings together execution management, portfolio management and institutional data, giving our research a practical grounding in how these markets operate. I look forward to building on the team's work and making Talos Research a primary reference for the market."

About Talos

Talos provides institutional-grade technology and data that supports the full digital asset investment lifecycle, including liquidity sourcing, price discovery, trading, settlement and portfolio management. Engineered by a team with unmatched experience building institutional trading, portfolio and data systems, the Talos platform connects institutions to key providers in the digital asset ecosystem â exchanges, OTC desks, prime brokers, lenders, custodians, and more â through a single interface. For additional information, visit www.talos.com.

Disclaimer: Talos offers software-as-a-service products that provide connectivity tools for institutional clients. Talos does not provide clients with any pre-negotiated arrangements with liquidity providers or other parties. Clients are required to independently negotiate arrangements with liquidity providers and other parties bilaterally. Talos is not party to any of these arrangements. Services and venues may not be available in all jurisdictions.

Media contact

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Honorees across industries are setting a new standard for connected, data-driven risk management

ATLANTA, Oct. 28, 2026 /PRNewswire/ -- Riskonnect, the leading provider of software that brings risk under one roof, announced the winners of its 2026 Konnect Awards, recognizing customers that are leading the way in transforming how risk is managed. This year, honorees span a wide range of industries and represent both longtime partners and organizations new to Riskonnect, each exemplifying the company's core values.

"Every one of these organizations is raising the bar for what risk management can achieve," said Jim Wetekamp, CEO of Riskonnect. "These winners show what a risk program can do when a team takes ownership of the outcome. They are giving their leaders the data they need to make confident decisions, and they are generously sharing what they learned with their peers. That combination of results and community is what makes this group so special, and we are grateful for their partnership."

Riskonnect recognized organizations across four categories that represent its core values: Pioneer, Focus, Spark, and Community. Additional customers were honored as new members of the Riskonnect community.

The Pioneer category recognizes customers that explore ways to deliver new value, foster creativity, and reach beyond boundaries. Winners include:

The Focus category celebrates customers that do what's important, strive for continuous improvement, and work with passion and purpose. The winner is:

The Spark category honors customers with drive and commitment to energize, engage, and inspire others. Winners include:

The Community category acknowledges customers that act with mutual respect, communicate fearlessly, and collaborate in a way that leverages collective talents. Winners include:

Riskonnect also recognized new customers, including:

Riskonnect presented the awards on October 8th during its 2026 Konnect conference in Denver, Colorado, where the largest community of risk management leaders came together to transform the world of risk through positive change.

About Riskonnect

Riskonnect is the leading provider of software that brings risk under one roof. The technology empowers organizations to anticipate, manage, and respond in real time to strategic and operational risks across the extended enterprise.

More than 2,700 customers across six continents partner with Riskonnect to gain previously unattainable insights that deliver better business outcomes. Riskonnect has more than 1,500 risk management experts in the Americas, Europe, and Asia-Pacific. To learn more, visit riskonnect.com

Media Contact:

Amanda Coyne

Corporate Ink for Riskonnect

[email protected] 

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World Premiere at the Moreno Valley Museum & ArtSpace

Enter the Fog: The Dead by Daylight Immersive Experience launches October 30. The hit survival horror game delivers a 45-minute immersive experience where guests work together to help Survivors escape just in time for Halloween.

MORENO VALLEY, Calif., Oct. 28, 2026 /PRNewswire/ -- The lights go out. In the dark, something is moving toward you. On Friday, October 30, the Moreno Valley Museum & ArtSpace opens the worldwide premiere of Dead by Daylight Immersive Experience. The 45-minute immersive adventure is based on the premier asymmetrical multiplayer experience in horror gaming. Guests step into the game and work as a team to help Survivors escape.

Dead by Daylight, developed by Behavior Interactive, pits four Survivors against one killer as they race to repair generators, power the exit gates, and escape alive. In its first decade, more than 70 million players worldwide have entered The Fog. Now, in an updated version, Inland Empire fans can enter the game without a controller.

The experience unfolds in three acts, using 360-degree wall and floor projection, surround sound, and motion-tracking technology that responds to every step guests take.

Act 1, "Little Museum of Horror." Guests enter a shifting gallery of the game's most feared Killers, held inside towering containment crates. Then, the dark force at the heart of the game seizes the room as flesh-like webs engulf the walls.

Act 2. Guests are swept through the game's most terrifying locations, running alongside Survivors as they race toward an open exit gate, with Killers close behind.

Act 3, "Gaming for Your Life." The generators fail, and the gate begins to close. Guests become players and step onto interactive floor stations to restore power, while a single shared heartbeat speeds up around them. Then, the Killers invade the room, and every guest must help save an assigned Survivor. Some make it out. Some won't.

"This is the immersive gallery at its most fearless," says Corey Ross, CEO of Lighthouse Immersive, the company that created the immersive experience for the Moreno Valley Museum & ArtSpace. "Guests don't just watch the story; they have to work together to survive it, and that shared rush is something you can't get from a screen at home."

The Dead by Daylight Immersive Experience joins The New Immersive Van Gogh: The Next Chapter, which opened September 25.

Created through a partnership between the City of Moreno Valley and Lighthouse Immersive, the museum transformed the former 38,000-square-foot Sears store at Moreno Valley Mall into a two-story cultural destination with immersive galleries, hands-on exhibits, a café, curated retail, plus free parking.

"Moreno Valley is becoming a place where people come to experience something they can't find anywhere else," said Mayor Ulises Cabrera. "From van Gogh to Dead by Daylight, this museum is giving our community and visitors from across Southern California a reason to gather."

The Dead by Daylight Immersive Experience will open on October 30 and be open daily from 11:00 am to 7:00 pm. Tickets are on sale now starting at $30.09, with VIP packages available. For tickets, visit MorenoValleyMuseum.com. Recommended age: 13+. The museum is located at 22550 Town Circle, Moreno Valley.

About Moreno Valley Museum & ArtSpace

Moreno Valley Museum & ArtSpace brings world-class immersive art experiences and local creative programming to the Inland Empire. The venue features a museum gallery, café, and retail space. Currently, it hosts The Dead by Daylight Immersive Experience and The New Immersive van Gogh: The Next Chapter, produced by Lighthouse Immersive. Open daily from 11 am to 7 p.m. For more information, visit: MorenoValleyMuseum.com.

Media Contact:

Carl M. Dameron, President

Dameron Communications

2130 North Arrowhead Ave, Suite 101

San Bernardino, CA 92405

(909) 534-9500 cell

[email protected] 

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New ReachWell Helps Government Agencies Reach the Residents Who Never Sign Up

Reach more of your community well. Meet the new ReachWell. A platform rebuilt so agencies reach and engage more of the people they serve, in the language they speak, across SMS, email, voice, web, and a resident mobile app.

LITTLETON, Colo., Oct. 28, 2026 /PRNewswire/ -- ReachWell today introduced its rebuilt platform, a new brand identity, and a new CEO. The new ReachWell gives agencies focused capabilities in one easy-to-use, cost-effective platform that meets the evolving compliance standards they face.

The platform pairs with the ReachWell mobile app, where residents can anonymously subscribe, without giving their name, location, phone number, or email, to receive official updates in their language, directly from the government agencies and community organizations that serve them.

"Posting community information on our website or social media doesn't necessarily mean the people who need it will see it," said Lindsay Mitchell, public information officer for Delta County, Colorado. "When I'm out in our towns, community members tell me they're enjoying updates they normally wouldn't have seen."

ReachWell translates every message automatically into the languages spoken by the residents in its audience and sends it across SMS, email, voice, web, and a mobile app. For messages that affect rights, benefits, safety, or health, an agency can have its own qualified reviewer check each translation before the message goes out. Teams see delivery, views, clicks, and replies by communication channel and can export every message, translation, and recipient for audits.

The compliance standards ReachWell meets include language access (Title VI), public records (FOIA and state public records acts), texting (A2P 10DLC and TCPA), and accessibility (ADA Title II).

Departments, agencies, and community organizations across a county or state can work together on ReachWell. Teams can share campaigns and see what others plan to send, so residents get coordinated, well-timed updates. Leaders have visibility into resident engagement across every department, agency, and organization they oversee.

Jesse Sanders, who joined ReachWell as an owner and CEO, led the rebuild. Sanders is a software executive and entrepreneur who has been building software for enterprises in high-compliance regulated industries for over 20 years.

"Every agency we talk to worries about the residents it can't reach, including people who are afraid to share their information, who change phone numbers often, or who don't read English," Sanders said. "Many of them never sign up, even for notifications that could keep their families safe. With ReachWell, agencies reach people they never could before and fewer residents are left disconnected."

To schedule a demo, visit reachwell.com.

About ReachWell

ReachWell is the multilingual communication platform for government agencies and community organizations. The platform serves states, counties, cities, school districts, emergency management, 911, fire, public health, human services, housing, transit, utilities, parks and recreation, libraries, and nonprofits, along with many other community organizations. Based in Littleton, Colorado, ReachWell has served agencies since 2018.

Media Contact

Gary Schultz

Chief Marketing Officer

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(503) 577-5553

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NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Oct. 28, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.

Kristen Scholer delivers the pre-market update on October 28th

- Firehawk Defense announces its latest $150 million funding round

- The Dallas-based startup says that it expects to become the largest producer of artillery motors in the U.S. by the end of 2027.

- Firehawk plans to produce over 100,000 artillery motors next year.

- The company will use the funding to expand its Great Plains Arsenal in Oklahoma + integration facility in Mississippi.

- Hex boosts its valuation to $1.2 billion

- The company also introduced Hex 4.0, which it says is a from-scratch rewrite for the era of agents.

- Hex adds that it's coming off the best revenue quarter in its history.

- Founder + CEO Barry McCardel will join NYSE Live to discuss the company's next moves.

- BigBear.ai to report its Q3 earnings following Tuesday's market close

- The defense tech company posted 31% year over year revenue growth.

- BigBear.ai raised its full-year 2026 revenue guidance to a range of $150 million to $165 million.

- CEO Kevin McAleenan will join NYSE Live to deliver his biggest takeaways.

Opening Bell

Blackstone Secured Lending (NYSE: BXSL) celebrates its 5th anniversary

Closing Bell

Haymaker Acquisition V (NYSE: HYAC U) celebrates listing on the NYSE

For market insights, IPO activity, and today's opening bell, download the NYSE TV App and check out the NYSE YouTube: TV.NYSE.com and YouTube.com/@NYSEofficial

SOURCE New York Stock Exchange

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The LOVERS by Shan Episode Featuring Dr. Keeonna Harris, Jason Espinoza and Jeremiah Chin Premieres on October 28

A riveting conversation spanning 30 years of blended family dynamics, love, healing and relationships, both behind bars and beyond.

LOS ANGELES, Oct. 28, 2026 /PRNewswire/ -- Intimacy and relationship educator Shan Boodram welcomes best selling author and advocate Dr. Keeonna Harris, alongside Jason Espinoza and Jeremiah Chin, to LOVERS by Shan for a candid conversation exploring the realities of a blended family shaped by incarceration, motherhood, changing relationships and the ongoing work of healing.

Dr. Keeonna Harris is a multidisciplinary creative, scholar, advocate and reinvention strategist. Jason Espinoza is a journey counselor at the Amity Foundation. Jeremiah Chin is the Lane Powell & D. Wayne Gittinger Endowed Assistant Professor of Law at the University of Washington.

Through Boodram's thoughtful, direct approach, the conversation brings an intimate family story into focus, revealing how three people have navigated years of pressure and trauma while making room for growth, communication and peace.

Dr. Harris, author of Mainline Mama: A Memoir, brings a perspective rooted in lived experience. Her journey reaches beyond incarceration to explore a woman's evolution as a mother, partner, advocate and individual. It is a story about carrying responsibility, reclaiming identity and learning how to move forward without ignoring the past.

"This conversation was about the kind of healing we don't talk about enough, but desperately need: learning to co-parent, navigate family dynamics, and move through life's biggest transitions with love, grace, and respect, even when life looks nothing like you imagined," said Dr. Keeonna Harris. "At its heart, it's about the power of a woman, especially a Black woman, to choose herself, reclaim her voice, and boldly design a life that reflects who she is and who she's becoming."

The dynamic between Harris, Espinoza and Chin offers an honest look at what blended family relationships can become when people commit to emotional maturity and open communication. Shared history creates space for a conversation about how family bonds evolve, how healing changes relationships and what it takes to build peace after years of difficult experiences.

"Keeonna, Jason and Jeremiah provide an up close look at adulting and what healing asks of a family," said Shan Boodram. "Their story allows us to unlock the kind of truth that reveals how love changes, how people grow and how communication can create a path forward through a complicated history."

At the heart of the episode is the human experience behind the circumstances: a mother's determination, the emotional impact of incarceration and the choices surrounding new love as they redefine their relationships. Boodram guides a conversation that invites audiences to consider what it means to acknowledge pain, practice accountability and create healthier connections.

Dr. Harris's perspective expands the discussions around women's empowerment, mental health, prison reform, motherhood, faith, restoration and community advocacy. Her story underscores the importance of support for families whose lives are affected by incarceration, while recognizing their capacity for joy, connection and transformation.

Dr. Keeonna Harris, Jason Espinoza and Jeremiah Chin episode premieres on October 28 on LOVERS by Shan. Visit www.keeonnaharris.com and view the episode at loversbyshan.com.

Media Contact:

Echo Hattix

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Multifamily veteran to steer new development across the Lone Star State

CHARLOTTE, N.C., Oct. 28, 2026 /PRNewswire/ -- Quarterra, an industry-leading multifamily development and investment management firm, today announced Jeb Cox as Managing Director of Development, Texas.

In his new role, Cox will oversee new multifamily development initiatives across the state. He will lead a divisional team through the full development project life cycle, including: land sourcing, entitlements, capitalization, design and construction execution, optimizing marketability and operability, lease-up and disposition.

"The foundation of Jeb's career is multifamily development and acquisitions, and he brings a seasoned and well-rounded approach to our Texas division," said Chris Cassidy, Quarterra Executive Managing Director of Development for the Eastern U.S. "We look forward to expanding and honing our market scope under Jeb's direction, and we're bullish about our pipeline opportunities."

Cox has nearly 20 years of experience leading the development of institutional-quality multifamily communities. Prior to joining Quarterra, Cox spent more than a decade at Mill Creek Residential. He previously served at Trammell Crow Residential and Creekstone Partners.

In total, Cox has been involved with the development and acquisition of nearly 14,000 apartment homes during his career, representing more than $2.1 billion in capitalization across all multifamily property types. His career has been dedicated to leading high-performing, collaborative teams and aligning strategic real estate solutions and drive growth â a focus he carries into his new post at Quarterra.

"Quarterra is one of those companies that truly understands the ever-evolving multifamily marketplace and tailors its development model to meet the demands of municipalities, renters, partners and investors alike," Cox said. "It's an honor to join an innovative industry leader like Quarterra, and I'm eager to get to work with this exemplary team to execute our development vision in Texas."

About Quarterra

Quarterra is a real estate investment firm focused on creating long-term value through the development of high-quality multifamily communities nationwide. With 12 regional offices across 20 states, Quarterra combines institutional scale with local market expertise to deliver purposefully designed rental communities in high-growth markets. For more information, visit www.Quarterra.com.

Media Contact

Marlena DeFalco

LinnellTaylor Marketing

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AVONDALE, La., Oct. 28, 2026 /PRNewswire/ -- T. Parker Host (HOST) today announced a $50 million capital investment in Avondale Global Gateway, expanding the infrastructure and capacity needed to support growing customer demand and position the Mississippi River industrial campus for its next phase of development.

The investment will add significant new rail, warehouse and dock capacity across Avondale. A new 200,000-square-foot warehouse will bring the campus to approximately 1.5 million square feet of indoor storage and mark the first new building constructed at Avondale since the 1970s. HOST will also activate Avondale's fifth deepwater dock, increasing the campus's capacity to handle up to six vessels simultaneously.

HOST's capital program includes approximately $15 million in rail infrastructure, $15 million for the new warehouse, $5 million in dock improvements, $5 million in road infrastructure, $5 million in expanded site and laydown capacity, and $5 million in equipment.

The additional capacity will support existing customers while creating room for new long-term industrial operations. The improvements are expected to open the door for hundreds of millions of dollars in additional private investment across the campus.

The investment is expected to support approximately 100 additional HOST jobs, bringing the company's Avondale workforce to more than 400 employees. As HOST's infrastructure program and anticipated tenant projects advance, approximately 1,000 people are expected to be working across the campus each day by 2028.

"We're building Avondale for what comes next," said Adam Anderson, Chairman and CEO of T. Parker Host. "When a company looks at Louisiana for its next major investment, we want the infrastructure to already be here. This $50 million investment gives our customers the ability to move faster and grow here for the long term."

Building Today for What Comes Next

The expansion builds on growing demand across Avondale's industrial operations. Avondale is the leading copper import terminal in North America and has executed a long-term agreement with a major energy original equipment manufacturer (OEM). Most recently, Avondale welcomed the first significant shipment of Venezuelan primary aluminum to the United States in more than eight years, opening a new trade route through the campus. Together, these growing industrial supply chains are bringing materials and equipment through Avondale that support American manufacturing, power generation and data center development.

The buildout of AI infrastructure is driving demand for the power generation equipment, copper and other physical components needed to support that growth, creating another opportunity for Avondale's multimodal capabilities and industrial capacity.

More broadly, the new infrastructure will allow customers to move more quickly from site selection to operation, with critical capacity already in place. That readiness positions Avondale, Jefferson Parish and Louisiana to compete for major industrial projects and attract additional long-term investment.

"Avondale is helping position the West Bank as a serious player in the global economy," said Michael Hecht, President and CEO of Greater New Orleans, Inc. "This investment strengthens the infrastructure our region needs to compete for major industrial projects and gives companies another reason to choose Greater New Orleans when they are deciding where to invest and grow."

Public Investment Supports Rail Expansion

Avondale's rail expansion is receiving $6.95 million in state and local support as part of the overall $50 million capital program.

Louisiana Economic Development will provide a $2.6 million interest-free loan through the newly created FastSites Program. The Louisiana Legislature has approved $3.1 million in Capital Outlay funding for the rail expansion over the past three legislative sessions.

Jefferson Parish has committed an additional $1.25 million in discretionary funding for the project, including $1 million from Councilman Deano Bonano and $250,000 from Councilwoman Jennifer Van Vrancken. Together, these state and parish commitments total $6.95 million, all of which is directed toward Avondale's rail expansion.

Work on the infrastructure improvements is already underway, with the current capital program expected to be completed by December 2027.

An Industrial Campus Built for Growth

Avondale Global Gateway is a multimodal industrial campus on the Mississippi River in Jefferson Parish. Its five deepwater docks, approximately 1.5 million square feet of indoor storage upon completion of the new warehouse, Class I rail connectivity and road access give customers multiple ways to bring materials into the site and move them to markets across North America.

The campus handles more than 75 commodities and, with the planned dock improvements, will have capacity to handle up to six vessels simultaneously. Avondale also provides space for companies to establish long-term operations where materials can be processed, manufactured or otherwise enhanced on site.

HOST continues to invest in the campus as customer demand grows, adding capacity for larger and more complex industrial operations while creating room for additional private investment.

About Avondale Global Gateway

Avondale Global Gateway is a multimodal industrial campus on the Mississippi River in Jefferson Parish, Louisiana, operated by T. Parker Host. The site offers five deepwater docks, extensive warehouse capacity, Class I rail connectivity and significant acreage for industrial development. Avondale provides the infrastructure and operating expertise for companies to move cargo, establish operations and invest for long-term growth.

About T. Parker Host

Founded in 1923, T. Parker Host (HOST) provides ship agency services, terminal operations, logistics solutions and industrial infrastructure across the United States. HOST combines more than a century of maritime experience with a hands-on, service-driven approach to support customers and the industries shaping America's future.

To learn more, visit www.avondaleglobalgateway.com or watch our latest company video.

SOURCE T. Parker Host

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