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REALTORS® Reveal Buying and Selling Tips for a Competitive Real Estate Market

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/CRjkmgrwWmc Buying or selling a home is among the greatest financial decisions an individual or family will ever make. For both buyers and sellers, there are many factors that must be considered, from interest rates to space for growing families and, of course, location. Given the complex nature of this exciting transaction, many consumers turn to expert advice from real estate agents. The National Association of REALTORS ® reported that 70% of metro areas recorded a double-digit annual increase in the median single-family existing-home sales price. The median sales price of single-family existing homes rose at a faster pace of 15.7% in the first quarter to $368,200 (14.3% in the previous quarter). NAR forecasts homebuying activity to return to more normal levels and for home sales to be down 9% from last year. For buyers who have been frustrated by competing with multiple offers, a less hurried market is on the way. Inflation will start to moderate to 5.5% in the second half of the year, lower than the current 8.2%. NAR noted a decrease in year-over-year contract activity, with a drop in pending home sales from the last five months. This implies that multiple offers will soon dissipate and be replaced by much calmer market conditions. The good news is that home prices should begin to normalize later this year. As the market continues to shift is it important to consult an expert real estate agent. Real estate professionals save home buyers time and help take the stress out of the process. They have knowledge of local, county, and state property taxes, can decipher public property information, and advise on price trends and neighborhoods. An expert real estate agent can also: coordinate with lenders; research mortgage rates and terms; schedule appraisals and inspections; navigate all required state and federal forms; and handle closing documents. If you’re looking for a REALTOR ® in your area, visit REALTOR.com. ® Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 05, 2022 12:00 PM Eastern Daylight Time

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ThreatModeler Recognized as Silver Stevie® Award Winner for Best Cloud Platform by the 2022 American Business Awards®

ThreatModeler Software, Inc

ThreatModeler, a leader in securing cloud infrastructure from design to deployment, today announced that CloudModeler has earned a Silver Stevie® Award for Best Cloud Platform as part of the 20th Annual American Business Awards®. Optimizing ThreatModeler’s automated capabilities, CloudModeler enables organizations to implement true DevSecOps, providing actionable insights through continuous monitoring and empowering teams to discover unknown flaws in real-time. Designed with cloud migration in mind, CloudModeler enables DevOps teams to detect security flaws before they become code vulnerabilities, enabling instant remediation, mitigating risk and ensuring compliance post-deployment. “ThreatModeler is dedicated to creating a collaborative platform where security experts or non-security professionals alike can visualize design flaws within a few hours or minutes instead of weeks,” said Archie Agarwal, Founder and CEO, ThreatModeler. “This award highlights the value we have been able to deliver with CloudModeler, enabling enterprises to develop and deploy cloud architectures quickly, confidently and compliantly.” The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – large and small. More than 230 professionals worldwide participated in the judging process to select this year’s American Business Awards® winners. ThreatModeler’s distinction as a best cloud platform was clear to the ABA judges, who provided the following comments as part of their assessment of the CloudModeler solution: “A product designed with the specific pain point or niche market needs in mind, and solutioning implemented in a way that is easy to use, light to implement and maintain, brings efficiency and cuts cost from day one! ThreatModeler fits every category of this type of product. With the cloud being the top platform and destination for services and cybersecurity being the top priority and concerns of almost all businesses with a presence in cloud, threat modeling is a crucial part of the development cycle that ensures the product is secure and robust enough to protect both the business and the customers. I am impressed by the result metrics and statistics provided in the submission demonstrating how ThreadModeler has helped shorten the whole development efforts, cut costs, and avoid cyber risk and threats for its customers.” “[This submission] clearly demonstrates the success and growth of the company. ThreatModeler’s suite of products empowers DevOps to measure, design and validate threat drift from development to deployment within a fraction of the time and cost tied to other tools. Optimizing ThreatModeler’s automated capabilities, CloudModeler enables organizations to implement true DevSecOps, providing actionable insights through continuous monitoring, empowering teams to discover unknown flaws in real-time.” To learn more about ThreatModeler, CloudModeler and more, click here. Details on The American Business Awards and the list of Stevie winners are available here. About ThreatModeler Software, Inc. ThreatModeler Software, Inc.’s suite of products empowers DevOps to measure their threat drift from code to cloud. With a fraction of the time and cost tied to other tools, users can design, build and validate threat drift from development to deployment. Teams can instantly visualize their attack surface, understand security requirements and prioritize steps to mitigate threats. CISOs can make critical security-driven business decisions to scale their infrastructure for growth. About the Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com. Contact Details Clayton Murtle ThreatModeler@luminapr.com

May 05, 2022 09:00 AM Eastern Daylight Time

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City of Coachella and CHOC Break Ground on Placita Dolores Huerta

Community Housing Opportunities Corporation

Community Housing Opportunities Corporation (CHOC), a non-profit affordable housing developer, dedicated new Coachella affordable housing construction as Placita Dolores Huerta, in honor of the globally-recognized social justice icon and Presidential Medal of Freedom recipient. CHOC leaders, elected officials and more than 200 community members and admirers welcomed Dolores Huerta to the site of her namesake community, located at 84900 Bagdad Avenue in Coachella, for a formal dedication that celebrated the 92-year-old activist’s lifelong fight for social justice, fair labor, civil rights, and countless other social justice efforts. Huerta’s work has impacted the lives of countless working people, particularly farmworkers and migrant laborers. Though Huerta was born in Dawson, NM, her victories on behalf of farmworkers and her profound impact on Mexican American families have been celebrated across the Americas and internationally for nearly 60 years. “Señora Huerta’s fight for fair pay and better working conditions for farmworkers and migrant laborers has made her a role model for generations of Mexican Americans and immigrants. Her name will be a source of pride for generations of families who will make Placita Dolores Huerta their home,” said Joy Silver, CHOC’s Chief Strategy Officer. “We’re humbled that CHOC’s endeavors work in support of the movement Dolores started, and that her legacy is honored and represented here; CHOC is proud to continue fulfilling its mission, creating a sustainable housing situation for residents who call this community home.” That legacy goes back to 1962, when Huerta and fellow activist César Chávez led the effort to organize farm workers. They founded the National Farm Workers Association (NFWA), which preceded the formation of the United Farm Workers’ Union (UFW) in 1965. That same year, Huerta organized the Delano strike of 5,000 grape workers, an effort which halted the grape and wine industries, forcing employers to the bargaining table. Huerta was lead negotiator for an eventual contract that made substantial improvements to working conditions. Huerta served as UFW vice president until 1999. “Señora Huerta defined the magnitude of leadership that is needed to not only fight for fairness and justice, but to actually achieve it. Through an uncompromising determination to organize and empower previously voiceless workers, she helped countless working families move closer to their dreams of providing a better life for the next generation. That is the same vision that drives the development of this community. CHOC is honored to support her legacy,” said CHOC Chief Executive Officer Manuela Silva. The first phase of Placita Dolores Huerta will combine the demolition and ground-up construction of existing housing structures, scheduled to be completed by Fall of 2023. 110 one-, two- and three-bedroom residences will make up the community upon the completion of both phases. These units are financed to remain affordable for 55 years. Coachella’s residents include first-generation Mexican Americans and Mexican immigrants, comprising a sizable part of an essential workforce for Coachella Valley’s large-scale agriculture industry. “It’s essential that we care for those who are feeding all of us. As a first-generation Mexican American son of farmworkers, my childhood was defined by frequent moving and fear of losing the roof over our heads. There is no doubt that stable housing is the foundation that provides security and stability for families to thrive and their children find opportunities for success. Without a safe home, those opportunities evaporate,” said Coachella Mayor Steve Hernandez. “I still see children trapped in this situation by bureaucracy and policy barriers to new development. CHOC’s vision proved that solutions are possible. Sí, se puede!” "Sí, se puede,” which translates to “yes, we can,” and made famous by Huerta, illustrates what can be achieved together. These legendary words, which remain the motto of the UFW to this day, were meant to inspire farmworkers to organize. The phrase has transcended generations and aptly describes the vision, teamwork and determination that made the $38.3 million Placita Dolores Huerta community a reality. CHOC recognized that it was indeed possible to create a sense of community and tradition that supports the next generation with opportunities and education, while remaining affordable. The project’s funding includes a $22.6 million grant from the California Tax Credit Allocation Committee (CTCAC), which oversees federal and state low-income housing tax credit programs. Much of the project’s remaining costs are funded by $1 million in Riverside County HOME Funds, a $3.8 million City of Coachella CFD loan and USDA Rural Development financing. “The affordable housing shortfall is worsening and the speed and quality of new housing inventory is a problem we must solve. The complexity of CHOC’s vision and the innovative combination of funding should be applauded. This is exactly what this money is intended to do. This project will make a true difference in this community and showcase to the state what is possible,” added California Assemblymember Eduardo Garcia, who represents the 56th District where the project is located. “There is no question that this will make life better for all Coachella residents.” Designed by Maria Song, AIA, LEED & AP, Principal with the Palm Springs-based architectural firm Interactive Design Corporation, the project shares many of the same design elements of the recently built Coachella Branch Library. Upon entering the property through two entrances that serve a two-way circular drive, the structures are designed in a Contemporary Spanish Colonial with Moorish details of smooth plaster siding, terra-cotta roofing, ceramic mosaics, tile-accented rounded arches, and decorative wrought iron. The architectural style and finishes will be seen throughout all residential buildings, the community building and landscape and are compatible with the character of the neighboring community. The construction of Placita Dolores Huerta coincides with CHOC’s construction of The Monarch Apartment Homes, a 60-unit affordable housing community in Palm Springs. Both properties will bring needed affordable housing to the Coachella Valley. Since its founding in 1984, CHOC has provided economically-integrated, affordable housing that has given pride to residents, stabilized families and improved local economies throughout California. For more information on Placita Dolores Huerta, please visit https://www.chochousing.org/blog/coming-soon-to-coachella-placita-dolores-huerta. ### About CHOC: Founded in 1984, the Community Housing Opportunities Corporation (CHOC) is a non-profit, affordable housing developer based in Fairfield, California with offices in Palm Springs, creating and managing communities for individuals, families, seniors and those with special needs. CHOC believes that economically-integrated, affordable housing is key to self-sufficiency and is achievable with enriching, supportive programs that give pride to residents, stabilize families and improve local economies. | chochousing.org Contact Details Cinnamon Thompson +1 310-933-6836 cthompson@hoytorg.com Company Website https://www.chochousing.org/

May 02, 2022 08:30 AM Pacific Daylight Time

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PCMA’s CEO and Founder John Royce Lynch to Speak at CMBA’s Mortgage Innovators Conference

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, will be presenting at CMBA’s Mortgage Innovators Conference; Tuesday the 3 rd of May at 10:45am PT/12:45pm ET. CEO and Founder of PCMA, John Royce Lynch, will be speaking on the “Generating New Volume Through Non-QM” panel addressing the rapidly growing interest, innovations, and origination strategies in the highly lucrative Non-Agency credit category. “As rates rise and the traditional mortgage markets struggle to maintain growth and volume; they are quickly pivoting into the Non-QM space,” said John Lynch, CEO and Founder of PCMA. “As the leader in the Super Prime, Private Client Credit, I appreciate the opportunity to educate the enterprise origination community on the complexities and nuances in the highly lucrative verticals of the Non-Agency Credit Markets.” John R. Lynch will contribute to the discussion on “Generating New Volume Through Non-QM” panel alongside fellow industry expert panelists: Jeff Lemieux, ACRA Lending; Eric Morgenson, Angel Oak Mortgage Solutions; Frank Razi, Carrington Mortgage Services; along with panel host Margaret Chiavini, New Rez LLC. “The panel discussion should be very educational for those looking to find their niche in the broader market opportunities that make up the Non-Agency, Non-QM marketplace,” said Lynch. “I look forward to sharing how PCMA has been able to grow into the category leader in High Net Worth Lending.” About PCMA PCMA is a vertically integrated Asset Origination and Convexity Management firm that specializes in Structured, Super Prime, Non-Agency, Private Client Credit. With its captive origination unit, PCMA has become the leading Non-Bank Private Client Lender in the U.S. What began as a linear venture has morphed into a vertical organization and industry leading incubator of ideas pushing the boundaries of innovation in high-capacity financial services. PCMA offers qualified individuals and institutions bespoke lending and advisory services across all major credit, and residential asset classes. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.partners & www.pcma.us.com Forward-Looking Statements This release may contain “forward-looking statements,” which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as “outlook,” “anticipation”, “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate”, “preparing” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would” and “could.” These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, current plans, anticipated actions, financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. The Company does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. Contact Details PCMA Private Client Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

May 02, 2022 08:00 AM Eastern Daylight Time

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Fonté Coffee Roaster Bets on Downtown Seattle with a New Café Restaurant in Rainier Square

Wright Runstad

Fonté Coffee Roaster, Seattle’s pioneer micro roasters founded by Paul Odom in 1992, announces that it will open a new flagship café and restaurant in the lobby of the 58 story Rainier Square, making it the newest “hot spot” in downtown Seattle. The expansive lobby is the central gathering hub that links Wright Runstad & Company’s Rainier Square and 400 University projects with the original Rainier Tower on a single block that encompasses 189 high end apartment homes, over 1.5 million square of office space, diverse retail offerings and ample parking. Fonté, a local coffee roaster operating seven cafés and relationships with the finest chefs, restaurants and hoteliers in the country, is set to open the flagship store in fall of 2022. The Fonté Café and Restaurant at Rainier Square will not only provide its classic offerings of fine coffee and high-quality hand-made to-go fare, it will entertain Seattle with a sit-down culinary dining experience with a fresh ingredients driven menu. The Fonté flagship café will join PCC Community Markets as Rainier Square comes to life with 80% of its apartment homes already leased and a growing roster of premier commercial tenants filling its office space. For Fonté’s part, an energetic commitment to entertaining will be as important as the commitment to fine quality. Hand-made cocktails prepared table side from a traveling trolley and engaging baristas, servers and bartenders are on the menu. “I believe that Seattle wants to be entertained again. I hope this collaboration inspires downtown Seattle’s 2.0 version and brings much-needed play back to our dynamic city,” says Odom. Odom is certain that offering a cool coffee and cocktails dining experience where people can gather and be social will help jump-start the process. “Envision New York’s Eataly by day and old Nomad Bar by night as inspiration for the concept.” The store will operate in Rainier Square’s expansive main floor lobby, serving indoor lounge and outdoor courtyard seating all day and into the night. Located on the block between Union and University and Fourth and Fifth Avenues, Rainier Square occupies the preeminent location in the heart of downtown Seattle. With easy access to transit and ample underground parking, getting to Fonté’s new flagship café will be easy for city residents and tourists alike who are looking for coffee and breakfast in the morning, lunch at mid-day, a place to unwind with a cocktail after work or for dinner before the theater. About Rainier Square: Developed by Wright Runstad & Company and opened in 2020, Rainier Square occupies the prominent position in Seattle’s downtown and on its skyline. The 1.1 million square foot project includes a 58-story tower containing 734,000 square feet of office space and The Residences at Rainier Square, 189 luxury apartment residences on its uppermost floors. Rainier Square shares the block with the 400 University building and the landmark Rainier Tower. All three properties are connected at the main lobby level which features Fonte’s flagship Café and Restaurant and affords access to a unique mix of destination retailers, a 20,000 square foot PCC Community Market and ample underground parking. More information about Rainier Square can be found at www.rainiersquare.com About Fonté: Founded in 1992, Fonté Coffee Roaster is the longest standing independent micro coffee roaster still owned and operated by its original founder Paul Odom. Fonté headquarters and roasting facility are located in the hip Georgetown district in Seattle, WA. The company owns and operates seven coffee bars with two more in development under the Fonté & Uptown Espresso brand names. The company manages a lively wholesale operation supplying the nation’s premier chefs, restaurants and hoteliers as well as a thriving online business. Fonté roasts coffee by hand and as part of its commitment to artisan quality has allowed only three qualified people in the last thirty years to perform the role of roaster. One is Fonté’s master roaster, Steve Smith, who has experience dating back to the 1970s where he was the first master roaster for the Starbucks Coffee Company. In 1991, Steve brought his expertise to full bloom with Fonté Coffee Roaster, where curating only the finest coffees from meticulous growers from the best regions is a priority. Coffees are selected from all over the world based on individual varietal character and are only chosen if they meet the standards of the signature Fonté roast. As a green coffee buyer and full reign of our roasters, we seek to experiment and create the unimaginable, the highest level of excellence in the coffee experience. Contact Details Forrest Carman +1 206-859-3118 forrestc@owenmedia.com Company Website https://www.rainiersquare.com/

April 25, 2022 09:00 AM Pacific Daylight Time

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Wrapped Hotels NFT: Pioneering the fractional real-estate scene of the Metaverse

Wrapped Hotels

Wrapped Hotels is an NFT project announcing its upcoming Genesis Launch of 999 hotel rooms on the 28 of April. The multifold growth of metaverse over the past few years has been intriguing. And rest assured that this growth isn’t slowing down any time soon. By 2026, 25% of the people shall spend at least one hour daily in the metaverse, reports Gartner. This brings an opportunity for all to make money in the virtual wave. Individuals, as well as businesses, shall improve their income by building metaverse products. Moreover, about 30% of the businesses shall have metaverse products and services ready by 2026. Therefore, investing and earning in the metaverse is an exciting opportunity, especially if you are up for a long-term game. One of the key investment opportunities in the metaverse is real estate. As per a report, the metaverse real estate was valued at $0.5 billion which is expected to double i.e., $1 billion in 2022. Currently, 4 players are ruling the metaverse real estate market namely The Sandbox, Decentraland, Cryptovoxels and Somnium. The Sandbox rules the market with 62% market share followed by Decentraland with 34%. The Cryptovoxels and Somnium have a combined market share of 4%. Another report predicts, that for the next six years the metaverse real estate to grow at a CAGR of 31%. How Wrapped Hotels Will Change the Metaverse Real Estate? At present, the metaverse real estate has options for buying land, homes and workplaces. After hanging out in one place for a long time you may feel monotony. Moreover, if you want to earn income from it, you’ll have to find a person who wishes to buy or rent your place. Here come Wrapped Hotels to your rescue. If you want to know how? Let me elaborate. Wrapped Hotels is a digital hotel with each room having unique features. The project has a supply of 10,000 rooms. Further, each room has three categories for use. One of the categories is rooms, accounting for 95% of the total supply. The remaining 5% supply comprises lounges and reception desks. The project uses ‘The Sandbox’ metaverse for its’ virtual chain of Hotels. The project allots to each of its NFT holders to a deed of ownership for a room located in The Sandbox metaverse. Similar to a real-world hotel, users can rent their rooms and generate a passive income. Coming to the ambience of the rooms that are out of this world (pun intended). The project team has worked hard on the aesthetics of the room by providing over 200 jaw-dropping furniture models (traits). Also, the furniture well caters to the utility of the room. The other aspect is that no two rooms are alike and hence an element of surprise for the people renting a new room every time. How Do I Earn from Wrapped Hotels? This is a question worth asking once you have seen the mind-boggling design of the rooms. Consider, Wrapped Hotels a commercial real estate. To explain further, real-world commercial properties like hotels, malls, shops etc. attract people & businesses and in return generate income. The same is the case with this digital hotel. Initially, the project aims to crowdfund The Sandbox plot. The people crowdfunding the plot will get project NFT in return which will signify ownership of the room. As there will be 10,000 rooms, therefore each NFT will correspond to the 1/10,000 th part of the plots. Each owner shall have the liberty to monetise their part by organising events, showcasing an NFT collection, a virtual party etc. Other than this, the room owners will get additional 8% redistribution of secondary market sales royalties. This yield comes from the staking of rooms, and gets a multiplier in the form of a colour attribute; the colour of the walls represents the tower your room lies in. So, if you own multiple rooms in the same tower, you will get a higher return on investment. The ROI calculation doubles further if the rooms are on the same floor of a tower. Project Roadmap The Q1 of 2022 marks the start of the project. The Q1 shall commence with the community growth and exclusive raffles with NFT airdrops and prizes for whitelisted members. Upon reaching a sales milestone the room owners will get benefits. At 5% sales, 2 whitelisted members will get free NFTs room airdrops. The same giveaways will be conducted at 25%, 75% and 100% sales milestones. During the sale, the Wrapped Hotel team will launch a Merch store, organise giveaways, conduct paid promotions, and funds transfer to the community wallet. The Opensea royalties redistribution among the room owners will commence upon achieving 100% sales. The Q2 of 2022 will bring up the heat with land selection for hotel development in The Sandbox metaverse with the vote from room owners. This will be done by the mean of a community vote regarding the choice of lands where the Wrapped Hotels will be located on. Upon acquisition of the land, the French VoxEdit design team will import the rooms and buildings to give you an awesome experience. Upon full integration of the hotels, they will be ready for the grand opening featuring famous artists (think SnoopDog or Deadmau5 ) and brands ( Gucci and Carrefour ) already metaverse based. In the third quarter of 2022, the room owners will be able to lend or rent their rooms via the Wrapped Bookings app. The lounge and reception area owners get a fee upon getting a booking in the hotel. The excitement and elements of surprise won’t stop here but will continue with the development of the Wrapped ecosystem. You will get to know about them through the Wrapped Hotel website and our loyal community on Discord. Genesis Sale: An Opportunity for Earning Greater Returns Wrapped Hotel is giving us an opportunity to participate in the Genesis pre-sale. There are 999 rooms available for sale. 10% of the Genesis room holders will further get lucky with a free NFT Airdrop during the public sale. Increased chances of minting rare NFTs i.e., lounge and Reception Desk. Increased redistribution rate as the overall room point allocation is higher on the Genesis Presale. Thus, a higher drop rate of rare rooms also means an higher passive income redistribution compared to the Public Sale one. Genesis room owners will get numerous giveaways of IRL resorts and hotel experiences. About Wrapped Hotels Wrapped Hotels is a collection of 10.000 unique and finely designed rooms.Holding any of these rooms will grant you access to the Wrapped ecosystem that will include an airdrop of its equivalent structure in the metaverse as well as a passive income stream from the first quarter. This 3D version will be part of our towers on The SandBox and yours to rent or party! Contact Details Wrapped Hotels Media Group wrappedhotels@gmail.com Company Website https://wrappedhotels.io/

April 22, 2022 12:43 PM Eastern Daylight Time

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SFAA Annual Meeting Highlights Landmark Legislative Wins and Accomplishments and Initiatives; Membership Elects Board

SFAA

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, held its annual meeting last week with more than 175 members and guests attending. John Welch, SFAA chair and president and CEO, CNA Surety, and Lee Covington, SFAA president and CEO, presided over the event each providing updates on SFAA’s accomplishments from the past year and ongoing initiatives. Welch opened the meeting by emphasizing how amazing it was to finally be back in person after 2 years of “Zoom” meetings and thanked members for their leadership and contributions to SFAA’s work. The SFAA Membership then elected the Board of Directors, adding two new members to the Board: Steve Lubin, President, Surety Division, Crum & Forster and Stephen Ruschak, Executive Vice President, Arch Surety. Covington provided updates on SFAA’s advocacy accomplishments and goals, SFAA PAC, and SFAA’s Strategic Priorities, in addition to the results from the 2022-Member Survey, which showed a dramatic increase in SFAA’s effectiveness in all categories since the 2019 Member Survey. A “Year in Review” video celebrating SFAA’s accomplishments throughout 2021 was shared, which included the 97-0 Senate vote on the SFAA TIFIA-bonding amendment to the bipartisan Infrastructure Investment and Jobs Act. The video also highlighted the successful launch of the SFAA and NASBP Contractor Bonding Education and Mentoring Program for minority and other disadvantaged or emerging contractors, as well as an update on a record year for the SFAA Foundation’s Intern and Scholarship Program for underrepresented college students, with 17 internships and scholarships awarded totaling $85,000. The winners of the 2021 Surety Industry Awards were announced via a celebratory video and those in attendance were invited to the stage to accept their award. Charlie Cook, a renowned political analyst, then took the stage and delivered an impactful keynote presentation, captivating the audience with his uncanny and deep insights into the current political landscape in Washington, D.C. and across the country. To end the meeting, two leading political and policy experts, Mike Nielson of CGCN Group and Kichelle Webster from Stewart Strategies, participated in an insightful “Inside the Beltway” panel discussion moderated by SFAA’s president and CEO Lee Covington. The Surety & Fidelity Association of America (SFAA) is a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry. Based in Washington, D.C., SFAA works to promote the value of surety and fidelity bonding by proactively advocating on behalf of its members and stakeholders. The association’s more than 425 member companies write 98 percent of surety and fidelity bonds in the U.S. For more information visit www.surety.org. Contact Details Peter Roth +1 703-401-0676 proth@surety.org Company Website https://surety.org/

April 21, 2022 12:34 PM Eastern Daylight Time

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SFAA Elects Board of Directors, New Chair, and Officers

SFAA

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, held its Annual Meeting and Board of Directors meeting on April 14 and 15, 2022. During the Annual Meeting on Wednesday, April 14 th the SFAA membership elected the SFAA Board of Directors and during the Board of Directors meeting on Thursday, April 15 th the Board elected the Officers and Executive Committee Members: Officers and Executive Committee Members Robert Murray, SFAA Chair, Head of Surety, Zurich North America Robert Raney, SFAA Vice-Chair, Head of Construction Surety, Travelers Companies John F. Welch, SFAA Past-Chair, President & CEO, CNA Surety Group Rick Ciullo, Chief Operating Officer, The Hartford Insurance Group Mike Keimig, President & CEO, Markel Surety Corporation Timothy Mikolajewski, President, Global Surety, Liberty Mutual Group Stephen Ruschak, Executive Vice President Surety, Arch Insurance Group Other Elected Board Members Antonio C. Albanese, Head of Surety, Nationwide Mutual Insurance Company Ken Bearley, President – Bond Division, Great American Insurance Companies Ken Chapman, Executive Vice President – Surety, IAT Insurance Group Stephen M. Haney, Division President, North America Surety & CUO, Global Surety, Chubb Surety James Kawiecki, President of Surety, Hanover Insurance Group Matt Lubin, President, Surety Division, Crum & Forster Alan Pavlic, President/COO, Old Republic Surety Group Sarina Puccio, Head of Credit and Surety, Munich Reinsurance America, Inc. Michael Seff, Head of Surety, Intact Insurance Specialty Solutions Gary Stumper, National Surety Leader, Westfield Group Larry Taylor, President, Merchants Bonding Company Group The board welcomed newly elected board members Steve Lubin (Crum & Forster) and Stephen Ruschak (Arch Surety) and recognized outgoing board members Steve Anderson (Swiss Re) and Nancy Giordan-Ramos (Main Street America) for their outstanding service on the board and to the industry. The board also thanked John Welch for his leadership and contributions to the industry during his two years of service as SFAA Chair. The Surety & Fidelity Association of America (SFAA) is a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry. Based in Washington, D.C., SFAA works to promote the value of surety and fidelity bonding by proactively advocating on behalf of its members and stakeholders. The association’s more than 425 member companies write 98 percent of surety and fidelity bonds in the U.S. For more information visit www.surety.org. Contact Details Peter Roth +1 703-401-0676 proth@surety.org Company Website https://surety.org/

April 21, 2022 12:27 PM Eastern Daylight Time

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PCMA Announces Continued Nationwide Expansion with the Addition of Wyoming to our Lending Footprint

PCMA

PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of Wyoming - Company NMLS ID: 237710. The expansion of Private Client Lending into Wyoming highlights the extraordinary growth of PCMA and the continued growth in the Wyoming luxury housing and ranching markets. 2021’s median sale price was $1.8MM, followed by a strong 2021 with total home sale prices just in the Jackson Hole market (the hottest realty market in the state) reaching $2.750,705,092. Jackson Hole’s leadership in million-dollar home sales is further solidified with over 853 transactions falling between $1 million and $3 million and one property selling for over $100MM. “Horseback riding, hiking at Grand Teton National Park, skiing, Yellowstone National Park, biking, wildlife viewing and a tax friendly status are some of the many reasons why the high and ultra-high net worth are buying homes and ranches in the beautiful state of Wyoming,” said John R. Lynch, CEO and Founder of PCMA. “Over 30% of all real estate sales happened without being recorded on the MLS, something that happens more often with higher end home and ranch sales. This is further proof of the need of Private Client lending services in Wyoming and throughout the US.” PCMA’s expansion into the Wyoming market comes on the heels of both internal and external growth of the company and new subsidiaries. PCMA continues to experience an unprecedented growth of high-net-worth originations at a record pace throughout the first half of 2022 even in the face of rising interest rates. Continued growth has come with the addition of PCMA Capital Advisors and the expansion of direct and indirect origination channels. “The Private Client community looks at luxury real estate as a safe and appreciating asset that's a hedge against inflation. Furthermore, our clients are interested prime properties which are few and far between in this market, creating a strong seller's market and a need for robust lending solutions that will bring these sales forward and into the credit markets,” said Lynch. “The Collective is a streamlined approach to asset-based lending without the need to collateralize or pledge vested holdings. These bespoke flexibilities were not available to the High-Net-Worth Communities of Wyoming prior to our expansion.” About PCMA PCMA is the leading Non-Bank Private Client lending organization serving the needs of their mass affluent and high net worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com Forward-Looking Statements This release may contain “forward-looking statements,” which reflect the Company’s current views with respect to, among other things, its operations and financial performance. You can identify these statements by the use of words such as “outlook,” “anticipation”, “potential,” “continue,” “may,” “seek,” “approximately,” “predict,” “believe,” “expect,” “plan,” “intend,” “estimate”, “preparing” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would” and “could.” These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions which are difficult to predict. Therefore, current plans, anticipated actions, financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. The Company does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. Contact Details PCMA Private Client Jason Jepson +1 949-394-7033 jason.jepson@pcma.us.com Company Website https://pcma.mortgage/

April 21, 2022 09:00 AM Eastern Daylight Time

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