News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

Monarch Apartment Homes Reaches Milestone and Breaks Ground in Palm Springs

Community Housing Opportunities Corporation

The first affordable housing complex in Palm Springs in more than 12 years is moving forward. The Monarch Apartment Homes, a 60-unit affordable housing community located in Palm Springs, CA, officially broke ground on October 28. Under development by the Community Housing Opportunities Corporation (CHOC ), an organization dedicated to expanding affordable housing, the complex serves as an excellent example of how the affordable housing challenge can be solved in cities throughout the state. The CHOC Monarch Apartment Homes is expected to be completed in 2023. “It has been stated that housing is a human right,” said Manuela Silva, CEO of CHOC. “Affordable housing allows residents to live in cities that they would not otherwise have been able to afford. As a result, residents have better school choices.” Dignitaries present at the groundbreaking included California State Treasurer Fiona Ma, Palm Springs Mayor Christy Holstege, City Councilmembers Lisa Middleton and Dennis L. Woods, Lift to Rise CEO Heather Vaikona, 4 th District Riverside County Supervisor V. Manuel Perez and CHOC CEO Manuela Silva. Heather Vaikona was the event’s master of ceremonies. “Governor Gavin Newsom has allocated $500 million of state low-income housing tax credits over the last three fiscal years. That is significant in making projects like this,” said California State Treasurer Fiona Ma. “It also has made our bonds competitive because the state tax credits need to be combined with the bonds.” In partnership with the city under a Disposition Development Agreement (DDA), CHOC will develop the land with rental apartments consisting of one-, two- and three-bedroom units. The project is financed by California Municipal Finance Authority (CMFA), the City of Palm Springs, the County of Riverside, Flagstar Bank, the California Community Reinvestment Corporation (CCRC), California Tax Credit Allocation Committee (CTAC), and California Debt Limit Allocation Committee (CDLAC). “The full city council has unanimously supported this project and our partnership with CHOC includes donating this beautiful and valuable piece of land we are standing on today to the developer appraised at $840,000 contributing an additional $1.8 million of city funds to get this project done,” said Palm Springs Mayor Christy Holstege. “We covered $250,000 in permit fees so the total contribution of nearly $3 million to cover the gap to support CHOC to get this done.” “Like many of our cities, the area is heavily reliant on hardworking, low-income workers that are the backbone of many industries here, yet they often have to choose between paying for housing versus other necessities such as childcare, food, and healthcare,” adds Silva. “This is the first new affordable housing property in 12 years and there is more to come. I am proud of Riverside County, the City of Palm Springs, the mayor and our council members,” said Supervisor V. Manuel Perez. The $31 million complex includes sloping rooftops that mimic the monarch butterfly, and natural desert plants to blend in with the surrounding communities. The development sits on a 3.62-acre vacant parcel of land owned by the City of Palm Springs Successor Redevelopment Agency. The property is located at the Southeast corner of N. Indian Canyon and San Rafael Drive in the Upper Westside One Palm Springs Neighborhood. In partnership with the city under a Disposition Development Agreement (DDA), CHOC will develop the land with rental apartments consisting of one-, two- and three-bedroom units. All units will have balconies or patios with a community building for a computer classroom, a rental office, and a community lounge that can be used for group functions. Amenities include a dog park, a Monarch Park splash pad – which is a water feature with a deck area that is integrated into the main open space adjacent to a children’s play area as well as two BBQ areas. Designed under the direction of Maria Song, AIA, LEED & AP, principal with the Palm Springs-based architectural firm Interactive Design Corporation, (IDC) and HKIT Architects, the complex will blend in with the surrounding neighborhood, which is known for its mid-Century modern design influence. The property will be constructed by davisREED Construction, Inc., whose breadth of national experience ranges from five-star resorts to public works and other hotels including the Kimpton Rowan in Palm Springs, which was named among the Condé Nast Best New Hotels List. ### About The Community Housing Opportunities Corporation (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, creates and manages equitable 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. Visit www.chochousing.org to learn more. Contact Details The Hoyt Organization Cinnamon Thompson +1 310-933-6836 cthompson@hoytorg.com Company Website https://www.chochousing.org/

October 29, 2021 12:53 PM Pacific Daylight Time

Image
Article thumbnail News Release

Cyvatar Named Finalist in Computing Security Excellence Awards 2021

Cyvatar

Cyvatar today announced that it has been chosen as a finalist in Computing’s Security Excellence Awards 2021 for the Small and Medium Enterprise (SME) Security Solution Award. Computing celebrates the achievements of the IT industry's leading security companies, solutions, products, and personalities that keep every other part of the industry operating. Award categories include product- and project-related recognition, organizational achievements, and accolades for outstanding individual success. Computing selected Cyvatar for its cybersecurity-as-a-service (CSaaS) platform, designed with SMEs in mind. SMEs are increasingly at the mercy of ransomware attacks, phishing scams, and other cyber threats, but unlike larger orgs, most SMEs don’t have the budget or expertise to invest in comprehensive in-house security programs. Moreover, they struggle to show value from the security tools they do buy. Cyvatar CSaaS democratizes cybersecurity, making the best protection accessible and affordable for any SME regardless of budget, even if they have no cybersecurity expertise in-house. Customers can select the membership and pricing that meet their desired business outcomes in seconds; a freemium model ensures they can achieve tangible results fast with no out-of-pocket costs--an industry first. And they can cancel anytime--another industry first. “We don’t throw technology over the wall and expect our customers to figure it out themselves the way many product companies do,” said Corey White, Cyvatar co-founder and chief executive. “We deliver all three pillars of cybersecurity—the teams, technology solutions, and best practices—to SMEs that would not otherwise be able to implement them. Our subscription model ensures they don’t end up buying solutions they can’t use or don’t need, and our platform lets them see at a glance what’s going on in their environment to give them the best cyber prevention available.” Cyvatar offers its proprietary ICARM™ (install, configure, assess, remediate, maintain) methodology to deliver smarter, more efficient solutions, allowing SMEs to achieve security compliance and cyber-attack prevention faster and more effectively. ICARM ensures SMEs won’t get crushed under the weight of too many products, and guaranteed outcomes mean they get maximum value from their technology spend. Choose the Cyvatar membership with the best outcomes for your business today. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert practitioners, market-leading technologies, and proven best practices to guarantee business results. Our approach is rooted in a proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers measurable security solutions for superior compliance and cyber-attack prevention, all bundled into a fixed monthly subscription that members can cancel anytime. Cyvatar is headquartered in Irvine, California, with locations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on LinkedIn and Twitter. Contact Details Cyvatar Dan Chmielewski +1 949-231-2963 dchm@madisonalexanderpr.com Company Website https://cyvatar.ai/

October 28, 2021 08:00 AM Eastern Daylight Time

Article thumbnail News Release

Chaney Enterprises to Open New Concrete Plant in Leesburg, Virginia

Chaney Enterprises

Chaney Enterprises, a ready-mix concrete, aggregates, custom blends, and related construction supplies provider, announces a new concrete plant location in Leesburg, Virginia due to open operations first quarter of 2022. Chaney Enterprises’ new ready-mix concrete plant in Loudoun County will be located at 42824 Durham Court and will service the thriving Leesburg market. This new facility will be a state of the art, completely enclosed Treyco Outlaw with a high-capacity output, capable of 200 yards per hour. “We are elated to announce this addition to our footprint in Northern Virginia. In addition to this ultramodern facility, local customers in the northern Virginia construction market will have access to numerous technology offerings as well as our remarkable team members who make up the best and most passionate in the industry,” stated Francis “Hall” Chaney, III, chief executive officer for Chaney Enterprises. Customers in this market can also access Chaney’s portable concrete plants and new concrete pumping division, CE Pumping. To keep track of orders, customers are encouraged to take advantage of the convenient Chaney Customer App. This app allows for both concrete and aggregate customer to check their order status, verify their delivery date, change the quantities of products ordered, and most importantly get the real time location and delivery status of their order. The new Leesburg concrete plant will be Chaney Enterprises’ seventh concrete plant in the Northern Virginia market along with Lorton, Gainesville, Bealeton, Stafford, Spotsylvania, and King George. About Chaney Enterprises Founded in 1962 by Eugene “Babe” Chaney and built on a foundation of integrity, every member of the Chaney Enterprises team pours their heart and soul into every job. Chaney is passionate about providing ready-mix concrete, sand, gravel, stone, blended soils, and related construction supplies to its customers throughout Maryland, Washington, D.C., Virginia, and Delaware by land, sea, and rail. From its headquarters in Gambrills, Md., the company operates 40 ready-mix concrete plants, 12 sand and gravel facilities, CE Pumping, and BuilderUp, a professional building supply operation with locations in Waldorf and Owings, Md. For more information visit ChaneyEnterprises.com. Contact Details Erica Magdelinskas +1 301-932-5855 emag@chaneyenterprises.com

October 26, 2021 12:00 PM Eastern Daylight Time

Article thumbnail News Release

THRIVE HOME BUILDERS A TWELVE-TIME WINNER OF THE DEPARTMENT OF ENERGY GRAND AWARD IN HOUSING INNOVATION

Thrive Homebuilders

Denver-based Thrive Home Builders is now a 12-time Grand Award winner in the U.S. Department of Energy’s (DOE) Housing Innovation Awards. The award recognizes U.S. builders deemed experts in the field of high-performance, energy-efficient homebuilding and whose homes meet the rigorous technical requirements specified by the DOE’s Zero Energy Ready program. Thrive received the Grand Award in the Single-Family Home category for its Zero Energy Revive model, a 3,393-square-foot, five-bedroom, four-and-a-half-bathroom home located within the master-planned community of Central Park, formerly known as Stapleton, in Denver. The Revive plan is part of Thrive’s Vitality Collection of homes priced starting at just over $1 million. “It’s never been more important to build healthy, energy-efficient homes that are priced for families,” said Thrive Home Builders CEO Gene Myers. “Despite the difficulties of the past year, our team truly believes that we need to make our communities and world a better place.” Both Thrive and its pioneering founder Gene Meyers have been recognized since the DOE founded the Housing Innovation Awards in 2013. As one of the largest builders of Zero Energy Ready homes in the country, Thrive is known for its industry-leading, LEED-certified, Zero Energy Ready homes throughout metro Denver. Vitality is a collection of 39 Zero Energy homes that incorporate cutting-edge, zero energy building techniques with uncompromised functional and authentic design resulting in zero-carbon, all-electric, LEED Platinum-certified, Indoor airPLUS-qualified, solar-powered single-family homes. “Thrive Home Builders and its fellow winners are leading a major housing industry transformation that improves the way Americans live by substantially reducing or eliminating utility bills, ensuring engineered comfort way beyond traditional homes, protecting health with a comprehensive package of indoor air quality measures, and helping owners maximize the largest investment of their lifetime,” said Sam Rashkin, former Chief Architect at the U.S. Department of Energy’s Building Technologies Office. Built in collaboration with Pro Builder Magazine and EEBA, the Energy & Environmental Building Alliance, the Revive Model Home is referred to as “The Ultimate Z.E.N. (Zero Energy Now) Home.” Pro Builder Magazine followed and reported on the construction of this home and ultimately featured the home on the cover of its October 2020 issue. The home was the featured attraction during EEBA’s 2021 High-Performance Summit in Denver. Only a select group of the top builders in the country meet the extraordinary levels of excellence and quality specified by the U.S. Department of Energy, but as the market for residential zero energy (ZE) buildings continues to grow across the United States, Thrive is leading the way. About Thrive Home Builders Thrive Home Builders has been a leader in the design and construction of energy-efficient homes since 1992. Thrive has long been recognized as a pioneer in zero energy building, and the company is repeatedly recognized by industry associations for its sustainable construction of single-family homes and rowhomes. The company continues to lead the homebuilding industry into the next frontier by building well-crafted homes that promote both energy efficiency and homeowners’ wellness. Every home is built LEED certified, Indoor airPLUS qualified and solar powered, and Thrive is the largest builder of Zero Energy Ready homes in the country. Its award-winning homes are available throughout Denver and its suburbs. For more information, visit www.thrivehomebuilders.com. Contact Details Center Reach Communications Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://www.thrivehomebuilders.com/

October 26, 2021 09:04 AM Eastern Daylight Time

Article thumbnail News Release

New Legal & General Study on Millennials and Housing Looks at the Effects of Wage Stagnation on Home Ownership

Legal & General

36% of millennials find home ownership hard to afford where they currently live An additional 20% of millennials find home ownership extremely hard to afford Only half of recent millennial graduates managed to find a job matching their skills and education right after graduating – of these, 28% are still looking With broad economic concern about the Fed raising interest rates and the knock-on effect of increased borrowing costs, millennials’ attitudes around housing turn to the decades-long failure of wages to keep up with the cost of housing. Today, the third part of a broad new study conducted by Legal & General Group, U.S. Millennials and Home Ownership – A Distant Dream for Most, is released, zeroing in on how millennials’ income, and in particular the long-standing issue of wage stagnation, has contributed to the reality of housing unaffordability for millennials. This third segment of the data-rich study, Wage Stagnation Has Flipped the Housing Equation for Millennials, takes a deep dive into the effects of sluggish income growth versus the skyrocketing cost of housing on specific demographics within the 25- to 40-year-old U.S. millennial population. The long-term consequences are still unfolding, but according to the survey data, many millennials were living with their parents, and more than half of those surveyed found housing in their area to be cost prohibitive. Legal & General Group Chief Executive Nigel Wilson commented: “We’re seeing similarities between many parts of the U.S. and the U.K. in terms of the supply-demand imbalance, which further compounds the last few decades of median wage stagnation, something we are addressing at Legal & General. And while many millennials may have reasons beyond affordability to delay home ownership, the overwhelming majority of those who would like to become property owners continue to face significant challenges. It’s time to take action— and create solutions that will address the wage issue, as well as create a larger stock of affordable homes.” Study Co-Author and Legal & General Corporate Affairs Director John Godfrey notes: “With affordability and job opportunities at the top of millennials’ list of reasons why they would move, there clearly needs to be a rebalancing of priorities in order for this demographic to step onto the housing ladder. Median income for millennials in the U.S. has risen 24 percent since 2012, but the median cost of a home has risen by 86 percent, nearly four times that. This discrepancy is unsustainable.” Legal & General’s study looks not only at housing affordability, but also at geographic and demographic choices based on age and life stage, and at various drivers shaping these choices, including the duality of wage stagnation and the rising cost of housing. Future segments will look in depth at the intergenerational housing gap; home ownership on U.S. Millennials’ bucket list; student debt and the cost of healthcare; and where Millennials stand on retirement and other savings vehicles. # # # Media Contact: For more information on the 2021 U.S. Millennials and Home Ownership study, or to see a copy of Part 3 of the report, please contact: Meir Kahtan: mkahtan@rcn.com +1 917-864-0800 Meir Kahtan Public Relations, LLC Notes To Editors The information contained in this press release is intended solely for journalists and should not be relied upon by private investors or any other persons to make financial decisions. About the Study Legal & General undertook proprietary research into the attitudes and changes, as well as geographic shifts, U.S. Millennials are experiencing in relation to home purchases and affordable housing. The U.S. Millennials and Home Ownership research was compiled using original survey data 875 U.S. based Millennials who don’t own a property, then segmented into three distinct age groups and other demographic markers. The survey work was carried out by Legal & General. Fieldwork was undertaken during March and April 2021. All surveys were carried out online. About Legal & General Group Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in the U.S., Europe, Middle East and Asia. With over $1.4 trillion in total assets under management, Legal & General is the UK’s largest investment manager for corporate pension schemes and a UK market leader in pension risk transfer, life insurance, workplace pensions and retirement income. About Legal & General Group Established in 1836, Legal & General is one of the UK’s leading financial services groups and a major global investor, with international businesses in the U.S., Europe, Middle East and Asia. With over $1.4 trillion in total assets under management, Legal & General is the UK’s largest investment manager for corporate pension schemes and a UK market leader in pension risk transfer, life insurance, workplace pensions and retirement income. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.legalandgeneralgroup.com/

October 14, 2021 09:00 AM Eastern Daylight Time

Article thumbnail News Release

South Florida Real Estate Trends for Fall 2021

Miami Luxury Waterfront Homes

Since the start of the COVID-19 pandemic and work-from-home orders, buyers have been flocking to Miami and nearby areas in South Florida. And it's not just homeowners — companies including Microsoft, JetBlue Airways and Goldman Sachs have recently moved their headquarters to Florida. The city is also luring in Tech crowds thanks heavily to the Mayor, Francis Suarez, who has been targeting Silicon Valley. These trends have seen billionaire businesspeople make the move to Miami while the local economy has seen a boom as of late. Although it's hard to say if this particular trend will continue as COVID-19 carries on, it's not unbelievable to think that workers and businesses alike may continue to take up permanent residence in the area. When it comes to real estate, luxury homes and condos continue to be in high demand through the fall months and with listings moving fast and limited availability, average home prices have risen exceptionally in the last year. Miami recently surpassed L.A. as the most expensive housing market, coming in second only to New York City. Florida has seen a massive trend of transplants from big cities, including New York & California, where homeowners are used to paying top-dollar for real estate and higher taxes. As such, luxury properties have been flipping for record profits with some garnering nearly three times the original investment within a short span. Last month, a waterfront estate in Miami Beach was flipped for nearly a 50% gain in just 4 months. It sold for $19 million in May of 2021 and for $28.1 million in September. Flips for luxury single-family homes are becoming more common due to the low inventory of houses available for sale in South Florida. "This market is truly unique," says Samantha Joelle Elenson, a realtor with ONE Sotheby's International Realty for nearly a decade. Miami is thriving with its growing population. The local entertainment and culture scenes are expanding to accommodate the city's newest residents. "Miami is at the forefront for the place to be," Elenson says. The city saw a surge of restaurants open and supper clubs are gaining momentum. Last season, New Yorkers notoriously booked reservations in Miami's top restaurants months in advance so locals planning a night out would be wise to book ahead — something Miami locals may need to adjust to. "Our city is attracting various industries and people for different reasons," Samantha explains. "I was getting calls from out-of-state clients looking to escape to Miami for their freedom as they put it. There was also a tech wave and all of a sudden Silicon Valley was looking at Miami. After the Presidential election and proposed tax adjustments, we began seeing a migration of billion-dollar businesses relocate headquarters here along with their employees. The surge of new residents caught the attention of top hospitality groups like Major Food Group from New York, which opened the almost impossible to get into Carbone and ZZ's. The city is evolving quickly and as a result new opportunities are emerging." When it comes to real estate pricing, it's clear to see this trend continuing well into the fall of 2021 according to the data presented by Samantha's Brokerage, ONE Sotheby's International Realty, which is a leading luxury firm in South Florida. The Trends report can be viewed at https://www.onesothebysrealty.com/trends. It presents the only market report focused on Florida’s East Coast. Data is presented from a macro perspective down to a city level from Miami to Cocoa Beach. October is now well underway and although the market in neighborhoods throughout South Florida shows signs of a shift toward seasonal trends, buyer competition, particularly among domestic newcomers, is expected to continue. Pricing for single-family homes and condominiums should hold steady or see a slight decrease through the remainder of 2021. Thanks to buyer competition, in August 2021, more than 27% of homes were sold above the asking price. By comparison, February 2021 saw just 13% of the area's homes sold above asking. In August 2021, Miami-Dade County saw the highest average sales price. Single-family homes sold for an average of $995,538 — a 32% increase over the August 2020 average, while condos sold for an average of $556,225 — also a 32% increase over August 2020 numbers. "Buyers are struggling to get properties at asking with phenomenal terms," Samantha shares. The county saw more than 1,247 transactions close in August after an average of 41 days on the market. Homes in neighborhoods such as South Miami, Miami Beach, Surfside, Golden Beach and Bay Harbor had average sales prices exceeding $1 million with luxury homes Bay Harbor Islands boasting the highest average sales price at $8.625 million and homes in South Miami selling for an average of $1,184,063 — 26% more than in August 2020. Throughout Miami-Dade County, available listings have increased slightly over the past few months, with 3% more available listings in August than in July 2021, when available listings hit a record low. As the availability of homes for sale increases in South Miami and other neighborhoods throughout Miami-Dade, average sales prices are seeing a slight downward trend. However, the Miami housing market remains hot and competition among buyers is at an all-time high, meaning homes are selling fast and sellers are seeing full-price offers and bidding wars over properties. As fall progresses, it's expected that competition for luxury homes in South Miami and other sought-after communities in the area will continue. "Clients traveled this summer as countries reopened but the housing demand remained high even without their presence," she says. "I expect as the season approaches those who were unsure of an address in Miami, will return to the sunshine state where they happily found refuge last season with all of their friends." Overall, the South Florida real estate market continues to thrive in the fall of 2021. Competition is at all-time highs while average sale prices remain among the highest in the country. About Miami Luxury Waterfront Homes One of ‘America’s Best Real Estate Agents’ as ranked by REAL Trends WSJ, native Floridian Samantha Joelle Elenson specializes in waterfront luxury properties, beachfront condominiums, and upscale property developments in and around Miami and Broward County. Raised in Golden Beach, Florida, Samantha is a third-generation real estate professional who draws on more than 40 years of family real estate development and investment experience. Since joining ONE Sotheby’s International Realty in 2012, Samantha has achieved residential real estate sales totaling more than $75 million. Her goal is to connect clients with the finest real estate properties in South Florida and provide each buyer or seller with personalized customer service complemented by her exclusive network, shrewd negotiating skills, and professional expertise. Her concierge approach to her clients and unrelenting passion for real estate are hallmarks of her service. Visit https://www.miamiluxurywaterfronthomes.com/. Contact Details Miami Luxury Waterfront Homes Samantha Joelle Elenson +1 786-393-4793 selenson@onesothebysrealty.com Company Website https://www.miamiluxurywaterfronthomes.com/

October 14, 2021 08:03 AM Eastern Daylight Time

Article thumbnail News Release

QX Global Group further augments its US Leadership Team

QX Global Group

QX Global Group, a leading knowledge process outsourcing company with a growing presence in North America, has brought onboard Mr Kyle Wilbur as Vice President, Sales, QX Finance & Accounting, further strengthening its senior management team in the US. At QX, Mr Wilbur will play an important and strategic role in the company’s expansion plans for the US. He was previously associated with University Loft Co. as Director of Sales and brings with him a wealth of experience in the student housing and property management sectors. His knowledge and expertise in leadership roles includes university housing expansion projects, on-site production management, and vendor relation management, while exceeding sales targets and providing on-floor sales training. Sharing his comments on the appointment, Mr Ravi Kurani, Country Head, North America, said, “With the addition of Kyle to our Senior Management team in the US we are confident of achieving the growth and success we have planned for the region. His grasp of the student housing and property management sectors will help strengthen our plans for these specific domains.” “The unique offerings of QX Global Group would add significant value to organizations that seek to enhance and transform their business processes. I am looking forward to working closely with the team to bring to fruition our ambitions for the US.” said Mr Kyle Wilbur, VP, Sales, QX F&A. The US is a strategic growth market for QX Global Group with close to 70 active clients in accounting, finance and recruitment processes. The company plans to double its number of clients and add offices in New York, Austin and Chicago, in addition to its existing headquarters in New Jersey. Follow Us On Facebook, LinkedIn, Twitter and YouTube To know more about our capabilities and success stories, Click Here About QX Global Group QX Global Group is a leading provider of business process management services. With over 17 years of accounting and recruitment process outsourcing experience, we help our clients unlock business value by improving process efficiencies and automation in the accounting and recruitment function to enable business transformation. We are based out of the UK with offices in the USA, Canada, Australia and India. Contact Details QX Global Group Vishal Kurani +1 646-693-9693 vishal.kurani@qxglobalgroup.com Company Website https://qxglobalgroup.com/

October 13, 2021 11:09 AM Eastern Daylight Time

Article thumbnail News Release

DealCloud Transforms Real Estate Investment Management with All-in-One Deal and Pipeline Platform

Intapp

Intapp (NASDAQ: INTA), a leading provider of industry-specific, cloud-based software solutions that enable connected professional and financial services firms, today announced expanded functionality of its DealCloud solution specifically focused on meeting the complex and unique needs of real estate investors. With enhanced visualization of pipeline and properties, map-based property discovery, and streamlined analysis, DealCloud real estate investment software provides the most comprehensive management solution available. Key enhancements to DealCloud for real estate include: Partnership with Esri — Using map data from this market leading provider, users can now evaluate properties and deals alongside location-based geographic and demographic intelligence within the DealCloud platform. When combined with a client’s proprietary data, the customizable dashboard serves as an all-in-one location to find pertinent property information. Card-Based Widget View — Desired information for each property or cluster of properties now appears in a card-based format that helps users visualize and organize properties in the pipeline, tasks for due diligence and execution, results and revenues for investor reporting, and the myriad of interconnected relationships required to source and finalize any deal. Users can now easily organize every property or deal under evaluation by stage or status, and move deals through the process with a simple drag-and-drop interface. Map-Based Discovery — Users can complete a full analysis right from the map without having to access each entry’s detail page. New features include a map-pin design and clustering mechanism to facilitate exploration and discovery, updated map pin pop-up windows that provide summary information and an image, filters that narrow properties by entry characteristics, and maps driven by latitude and longitude values to allow deeper exploration of properties and plots of land. AI-Assisted Relationship Intelligence — This tool centralizes and organizes a firm’s relationship network and helps firms maintain current relationship information without manual data entry. Given the complex nature of relationships in the real estate market, this technology brings clarity to the matrix of contacts, including brokers, intermediaries, contractors, staffers, and consultants who present opportunities for the firm and bring insight to pre-market deals. These and other enhancements to the DealCloud solution help real estate investment clients source pipeline opportunities, increase workflow efficiency, and ease diligence and reporting across all property types and professionals in various geographical locations. The solution also features third-party integrations that let users pivot data and aggregate information in different formats through different lenses. In addition to the Esri partnership, databases include FactSet, Pitchbook, Preqin, PrivCo, SourceScrub, Dun & Bradstreet, SPS, and S&P Global Intelligence. “Our real estate investment and brokerage clients need extensive mapping, geographic data, and imagery to efficiently execute investments and provide clients with the best outcomes on dispositions,” said Ben Harrison, President of Financial Services at Intapp. “When a firm’s proprietary information database automatically aggregates multiple third-party resources and lets investors process information from any device, deals move faster, more efficiently, and with better insight. This functionality is lightyears faster than juggling Microsoft Excel spreadsheets and disparate databases.” For more information on DealCloud real estate investment software please see the resources below or contact us for a personalized demo: Blog Post: Three Must-Have Property Management Software Features for Real Estate Investors Case Study: Kairos Investment Management Company Case Study: Kayne Anderson Real Estate Blog Post: Build Strong Deal Pipelines Using Real Estate Fund Software About Intapp Intapp makes the connected firm possible. We help professional and financial services firms better connect their people, processes, and data through AI-powered software solutions. Trusted by approximately 1,600 of the world’s premier private capital, investment banking, legal, accounting, and consulting firms, Intapp offers an end-to-end solution purpose-built to help modernize these firms. Intapp facilitates greater team collaboration, digitizes complex workflows to optimize deal and engagement execution, and leverages proprietary AI to help nurture relationships and originate new business. Intapp helps firms increase profitability and investment returns, operate more efficiently, and better manage risk and compliance. For more information, visit intapp.com and connect with us on Twitter (@Intapp) and LinkedIn. Contact Details Intapp Ali Robinson +1 678-909-0703 ali.robinson@intapp.com Company Website http://www.intapp.com

October 13, 2021 09:02 AM Eastern Daylight Time

Image
Article thumbnail News Release

Leviton Expands Partnership With HomeSphere

HomeSphere

Leviton, America’s most widely used electrical wiring device brand, today expanded its partnership with HomeSphere, an exclusive digital marketplace connecting residential homebuilders and building product manufacturers. The maker of breakthrough products, including smart switches, dimmers and outlets, now offers significant rebates on its core wiring device products, light fixtures and Decora Smart family of automated lighting options to both multifamily and single-family builders. “We have manufactured innovative, safe and efficient lighting products for more than a century,” said Leviton Director of National Builder Sales Tom West. “This is the right time to support residential builders and HomeSphere is the right partner. With its technology, relationships and know-how, HomeSphere will connect us to a new segment of the market.” By bundling multiple rebate-eligible products, HomeSphere helps single-family and multifamily homebuilders access rebates and other savings on Leviton brands, ranging from its wiring devices and data products to its automated and premium home products. New rebate-eligible brands for the luxury residential market include Birchwood Lighting, ConTech Lighting and Intense Lighting. “We are constantly evolving to serve the ever-changing needs of the industry,” said HomeSphere President and CEO Greg Schwarzer. “Leviton’s best-in-class lighting brands are a welcome addition to its suite of smart products that have already seen great success on our platform.” Leviton joins a growing platform that delivers a new way to procure building products. HomeSphere’s more than 2,600 U.S. home builders use My HomeSphere® to access exclusive incentives from and connect with leading building product manufacturers to claim millions of dollars every year. About HomeSphere Established in 1999, HomeSphere connects America's local and regional homebuilders to exclusive product incentives through My HomeSphere®, its award-winning rebate management platform. Previously only available to the largest national homebuilders, more than 2,600 single-family and multifamily builders trust My HomeSphere® to grow their returns by quickly capitalizing on product incentives available through HomeSphere's network of 80+ manufacturers and brands. For more information about HomeSphere's products and solutions for homebuilders and manufacturers, visit www.homesphere.com. About Leviton Every day, Leviton is engineering possibilities that make the future happen, meeting the needs of today’s residential, commercial and industrial customers globally. From electrical, to lighting, to data networks and energy management, Leviton develops thoughtful solutions that help make its customers’ lives easier, safer, more efficient and more productive. Driven by its commitment to its customers, the ingenuity of its employees and the safety and quality of its products and solutions, with Leviton, the FUTURE IS ON. For more information, visit http://www.leviton.com, www.facebook.com/leviton, www.twitter.com/leviton, or www.youtube.com/Levitonmfg. Contact Details Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com HomeSphere Liz Polson lpolson@homesphere.com

October 05, 2021 08:00 AM Eastern Daylight Time

1 ... 5354555657 ... 62