RETRANSMISSION: Parking Real Estate, LLC Praises Parkit Enterprises' Management Team

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK--(Marketwired - July 21, 2016) - Parking Real Estate (PRE), LLC's Managing Director David Schmid praises Parkit's Enterprise LLC's management team. Schmid states, "I have had the pleasure of working alongside Rick Baxter and the Parkit management team including Simon Buckett and Patrick Bonney for the last few years beginning with the structuring and negotiation of our joint venture and now on the investment strategy and asset management of the joint venture portfolio."

Schmid continued, "I have had the opportunity to see this management team work tirelessly to advance the joint venture and Parkit's business interests therein. The existing joint venture would not exist if it was not for Rick's leadership, personal integrity and positive collaboration. As a partner in the joint venture, Parkit has been a great partner and Rick has been the face of Parkit."

About Parking Real Estate, LLC

Owned by the officers of Propark, Parking Real Estate LLC is a company that identifies income producing parking real estate assets, acquires them and optimizes them using cutting edge parking technology and market leading yield management tools.