Automation & Demographic Shifts Changing The Future Of Work In OC, According To New Report
IRVINE, Calif., Oct. 10, 2019 /PRNewswire/ -- The future of Orange County's workforce is expected to undergo dramatic changes due to evolving technologies and demographic shifts, according to Orange County Business Council's 2020 Orange County Workforce Indicators Report released on October 10.
Keyera Announces October 2019 Dividend
CALGARY, Oct. 10, 2019 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for October 2019 of 16.00 cents per common share. The dividend will be payable on November 15, 2019, to shareholders of record on October 22, 2019. The ex-dividend date is October 21, 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax.
Tourmaline Announces Formation of Topaz Energy, Unlocking Value in Tourmaline's Significant Asset Base
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Hilco Real Estate Announces The Sale Of Operating 48-Room, Assisted & Independent Living Facility In Girard, Ill
NORTHBROOK, Ill., Oct. 10, 2019 /PRNewswire/ -- Hilco Real Estate, LLC announces November 14, 2019 as the court-ordered sealed bid deadline for Pleasant Hill Village, a 48-room assisted and independent living facility in Girard, Ill. The property is comprised of 48 living units set over two buildings, averaging 735 square feet per room. Currently operating at 60% occupancy, the facility is licensed for 25 assisted living residents and includes such amenities as a commercial kitchen, 21-stall garage, leased beauty shop, walking trails, and stocked fishing pond with 20 acres of leased farmland. Included in the sale is a 98-bed former nursing care facility as well. In 2018, the 50-room former nursing care facility shut its doors due, in large part, to delinquent Medicaid payments from the State of Illinois. The east wing of the facility was built in 2002 with 24 rooms and currently accommodates assisted living residents, while the west wing was built in 2005 with 24 additional rooms and currently accommodates independent living residents. The property offers a good mix of one and two-bedroom units that contain well-furnished kitchens, in-unit washers and dryers, and sweeping country views from every window. Girard is well located approximately 30 miles south of Springfield, Illinois, and 75 miles north of St. Louis, Missouri. The property also sits less than one mile from IL-4 and seven miles from I-55, making it easily accessible from major transportation routes. Demographic trends tied to the aging "baby boomer" population have contributed greatly to the demand for senior housing and care options throughout the country. Numbering some 73 million, the baby boomers constitute the largest generation in American history, the first of which turned 65 in 2011. According to the Marcus & Millichap Second Half 2019 Seniors Housing Research Report, over the next five years, the U.S. population of those 75 and older will grow by 5 million, a 22 percent increase, a much more rapid expansion than the 2.8 million people age 75 or older added over the previous five years. This massive demographic shift, coupled with the rise in medical services the aging population could require, ensures broad-based demand across all forms of seniors housing for this sizeable portion of the population. The report further states that by 2027, healthcare spending will account for nearly 20 percent of the overall GDP, driven in large part by the boomer generation. According to the U.S. Department of Human Services, at least 70% of the population 65 or older will require some type of long-term care, with an estimated 40%+ needing skilled nursing services. The American Society of Aging concurs, indicating that after 65, the average American has more than a 70% chance of requiring help with activities of daily living. As such, gains in occupancy levels are anticipated in the near-term for this offering. Jeff Azuse, Senior Vice President with Hilco Real Estate, said, "The sale represents a great opportunity to acquire a turnkey facility at a great price with all the necessary infrastructure and staff already in place – the ability to begin operating from day one." Azuse continued, "Pleasant Hill Village is a special place, and we are confident the right operator can unlock the true potential of this property as a strong, income-generating investment, while continuing the rich, century-long legacy of caring and service the residents of this community have come to know and love." The Bid Deadline is scheduled for Tuesday, November 14, 2019. Bids must be delivered to the offices of Hilco Real Estate on or before 5 p.m. (CT) on the day of the deadline to be considered. Interested buyers should review the detailed bid procedures for requirements in order to participate in the sale process available on Hilco's website. For more information regarding site viewings, please contact Jake Soyka at (847) 504-3224 or firstname.lastname@example.org. Interested buyers can submit their bids via mail to the following address: Hilco Real Estate, 5 Revere Drive, Suite 320, Northbrook, IL 60062, or via email to email@example.com. For further information on the property, an explanation of the sale process, sale terms or to obtain access to property due diligence documents, please visit HilcoRealEstate.com or call (855) 755-2300. For more information about this or other properties available for sale, please visit HilcoRealEstate.com. About Hilco Real Estate Hilco Real Estate ("HRE"), a Hilco Global company (HilcoGlobal.com), is headquartered in Northbrook, Illinois (USA). HRE is a national provider of strategic real estate disposition services. Acting as an agent or principal, HRE uses its experience to advise and execute strategies to assist clients in deriving the maximum value from their real estate assets. By leveraging multi-faceted sales strategies and techniques, aggressive repositioning and restructuring experience, a vast and motivated network of buyers and sellers, and substantial access to capital, HRE exceeds expectations even in the most complex transactions. Media Contact: Gary EpsteinHilco GlobalOffice: (847) 418-2712Mobile: (847) 323-4943Email: firstname.lastname@example.org View original content to download multimedia:http://www.prnewswire.com/news-releases/hilco-real-estate-announces-the-sale-of-operating-48-room-assisted--independent-living-facility-in-girard-ill-300936934.html SOURCE Hilco Real Estate, LLC
5 Key Benefits of a Robo-Adviser
Robo-adviser is an automated online wealth management service or a class of digital online financial institutions that offer financial advice or investment management tips online with minimal human intervention. The algorithms are executed by software to allocate, manage and optimize clients’ assets. Being online, however, does not make it less effective and ideal financial institution as it has almost all the aspects of the physical human involvement.
6 Key Factors to Consider Before Making a Private Equity Investment
Private equity refers to investments funds structured as limited partnerships that are not listed on a public exchange and its investors include large institutional investors, wealthy individuals, and university endowments.
Top 4 Best Commodities to Invest
Commodity trading involves trading in commodity derivatives and spots. Commodity trading is very volatile and so investors should take relevant precautions before they enter into it. Commodity trading can help an investor to diversify their portfolio. It is an ideal investment that can significantly hedge you against the risk of inflation. Commodities traded mostly include agricultural products, minerals, and fossils.
5 Common Types of Financial Swaps
A swap is an act of exchanging one thing for another. In finance, swaps are derivatives wherein two counterparties exchange financial instruments. The swaps can involve an exchange of a series of cash flows of one party’s financial instrument for those of the other party’s financial instrument over a specific period of time. Swaps are mutual agreements that are easy to design and customize over the counter. They offer great flexibility that leads to many swap variations with each serving a given purpose. Reasons why parties agree to such arrangements: If their investments or repayment objectives change If it is beneficial financially to switch, to a new or alternative stream of cash flows compared to the existing ones To hedge against risks such as mitigation risks associated with a floating rate loan repayment. Here are the 5 common types of financial swaps: 1. Interest Rate Swap This is the most popular type of swaps. An interest rate swap is a contract between two parties to exchange a stream of future interest payments based on the principal amount. The parties exchange floating interest rate for a fixed rate or vice versa to increase or reduce exposure to interest rates volatility to obtain a marginally lower rate than would have been possible without the swap. It can also involve the exchange of one floating rate for another and usually occurs only to change the type or tenor of the floating rate index usually called basis swap. It usually occurs if a company can obtain a loan easily at one type of interest rate but prefers a different type of rates. 2. Currency Swaps Currency swaps involve the exchange of interest and in some cases of full exchange of principal amounts in one currency for the same but in another currency. It is also referred to as cross-currency swap as it involves foreign exchange transaction. It is a very flexible method of foreign exchange as maturities of the currency swaps are negotiable for at least 10 years. The interest rates can be floating or fixed and the exchange can be fixed vs. fixed, floating vs. floating and fixed vs. floating. The swap helps to hedge against interest rates and forex rates fluctuations for long-term investments. 3. Commodity Swaps A commodity swap is a financial derivative agreement where two parties agree to exchange cash flows which are reliant on the underlying commodity price. This swap is most common among people who use raw materials to produce finished products. It is used to hedge against the price of a commodity. It consists of a floating-leg component and a fixed-leg component where the floating-leg component is attached to the market price of the underlying commodity or agreed upon commodity index and the fixed-leg component is specified in the contract. These swaps are settled in cash but the physical delivery is predetermined in the contract. 4. Credit Default Swaps The credit default swap offers insurance in the event that third-party borrower defaults. It helps transfer between two or more parties the credit exposure of fixed income products. The swap buyer makes payment to the swap seller until the date of the maturity of the contract. The seller in return agrees that they will pay the buyer the security premiums in addition to all interest payments that would have been paid between that time and the security maturity date in the event that the debt issuer defaults. 5. Equity Swaps An equity swap is a financial derivative contract where two counterparties agree to exchange a set of future cash flows at set date’s n the future. The two cash flows are known as legs of the swap. The legs of the swap include the floating leg which is pegged to a floating rate such as LIBOR and the other leg component is the equity leg which is based n the performance of either a share of stock or a stock market index. Equity swaps help avoid transaction costs such as tax, limitations on leverage and get around policy governing a particular type of investment that an institution can grasp. Summary Swaps can be designed and structured in different ways to meet the needs of all the parties as they are offered over the counter (OTC). However, they are unregulated and so every investor should fully understand the implications of the swap before they enter into the contract.
M&T Bank Invests $5 Million in Blue Highway Growth Capital Fund to Accelerate Revitalization in Rural Communities