ST. LOUIS, Aug. 13, 2020 /PRNewswire/ -- Twain Financial Partners announced the successful funding of $4.3 MM in Federal Historic Tax Credit (HTC) Equity and $4.4 MM in Commercial Property Assessed Clean Energy (C-PACE) Financing that will help restore the historic Latrobe Apartment House located at 2 East Read Street in Baltimore, MD.
NEW YORK, Aug. 13, 2020 /PRNewswire/ -- Metropolitan Partners Group Management, LLC ("Metropolitan"), a direct-lending fund manager that provides senior-secured, transitional capital to small and mid-sized businesses in the U.S., closed an investment to finance the expansion of gaming marketing and publishing company Tilting Point's User Acquisition Fund. This represents Metropolitan's second investment in Tilting Point after providing initial financing for its User Acquisition Fund in July 2018 and providing the company with growth capital to continue building on its powerful AI-driven marketing technology.
Victorville Civil Rights Essay Contest Sponsored by Local Health Plan
RANCHO CUCAMONGA, Calif., Aug. 13, 2020 /PRNewswire/ -- To honor and recognize the achievements of individuals who have made contributions to advancing the civil rights of all people, Inland Empire Health Plan (IEHP) has provided a $1,750 sponsorship to support the City of Victorville's 6th Annual Civil Rights Essay Contest for local elementary students. The annual contest, kicking off this month, invites 5th and 6th grade students to write an essay about an American Civil Rights Leader and why he or she should be honored within Victorville's Civil Rights Memorial. Based on the winning essay, a bronze plaque for the civil rights honoree will be added to the city's memorial and will include an excerpt from the student's essay. The current memorial recognizes a diverse group of leaders including: Dr. Martin Luther King Jr., Asa Philip Randolph, Frederick Douglas, Cesar Chavez, Harriet Tubman, and Lucy Burns. Essays will be read by the City of Victorville Community Service Advisory Committee, who will evaluate submissions based on content, expression, research, and originality. In years past, the City of Victorville has hosted a recognition ceremony to honor the civil rights leader and the student at the city's memorial on Martin Luther King Jr. Day. This year's ceremony is currently scheduled for MLK Day 2021, pending COVID-19 restrictions. "Our Civil Rights Essay contest is one of my favorite annual events," said Victorville Mayor, Gloria Garcia. "With IEHP's sponsorship, we're able to continue our tradition of bringing families, students, and community leaders together to honor the work and courage of incredible civil rights leaders. While we may face obstacles and challenges due to COVID-19, this will not stop us from encouraging local youth to learn about those who have made a difference in our world." The City of Victorville has sent invitations to elementary schools within the City inviting students to submit entries through Sept. 2, and the winning essay will be announced in October.  For more information, visit VictorvilleCA.gov/CivilRightsMemorial. "We are so honored to be a part of something so thoughtful and inspiring," said LuAnna Jáuregui, IEHP's manager of community partnerships. "We are grateful that we have great cities in our region, like the City of Victorville, who take time to connect with students to honor the work of those who have truly made a difference in this world."   About IEHPIEHP, Inland Empire Health Plan, is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. With a network of more than 6,400 Providers and more than 2,000 employees, IEHP serves more than 1.2 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plan (Medicare-Medicaid Plan). Through a dynamic partnership with Providers and Community, award-winning service and innovative products, IEHP is fully committed to advocating for our Members and providing them with quality, accessible and wellness-based health care services. For more information, visit iehp.org. About the City of VictorvilleLocated in Southern California at the high-point between Los Angeles and Las Vegas, Victorville is the leading city for both industry and retail in the High Desert Region.  Victorville is a growing, vibrant community that is home to approximately 125,000 residents and some of the area's largest employers.  Clean air, abundant mountain vistas, family-friendly recreation activities, spectacular sunsets and breathtaking night skies entice locals and visitors alike to fall in love with this city that is within a few hours of SoCal beaches, National Parks, mountain retreats, other major attractions; and less than an hour from Ontario International Airport. View original content to download multimedia:http://www.prnewswire.com/news-releases/victorville-civil-rights-essay-contest-sponsored-by-local-health-plan-301112159.html SOURCE Inland Empire Health Plan (IEHP)
TORONTO, Aug. 13, 2020 /CNW/ - Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial Inc., today announced that Brad Sturges, CFA joins its Canadian Equity Research team on Monday August 17 as Managing Director, Equity Research Analyst, covering the Canadian REIT/REOC sector.
ATLANTA, Aug. 10, 2020 /PRNewswire/ -- Premier mortgage broker, Atlantic Home Mortgage (AHM) (https://www.atlantichm.com) announced Kelly Levens has joined the company's Alpharetta, Georgia branch as a Mortgage Loan Originator.
WASHINGTON, Aug. 7, 2020 /PRNewswire/ -- Commercial real estate executives recognize the various challenges in the current market as a result of the COVID-19 pandemic, while remaining optimistic about future market conditions, according to The Real Estate Roundtable's Q3 2020 Economic Sentiment Survey released today. The report emphasizes the importance for developing, testing, and distributing a vaccine in the coming months in order for market conditions to show further improvements.
More than 70% of Renters Would Lease an Apartment Sight-Unseen Thanks to 3D Virtual Tours
SAN FRANCISCO, Aug. 13, 2020 /PRNewswire/ -- The new normal for renting an apartment is now a fully digital experience, with both renters and property owners agreeing it is the fastest and safest way to rent during the COVID pandemic and beyond. Renters are becoming so comfortable with renting digitally, that 72% say they would rent an apartment without ever seeing the property in person if a 3D virtual tour was offered, according to a recent survey* conducted by Zumper and Matterport. To support this demand, Zumper, the largest privately-held rental marketplace in the U.S., has partnered with Matterport, the industry leader in 3D capture and spatial data, to take virtual touring on Zumper to the next level by providing state of the art technology for 3D floor plans (or Dollhouse View). These virtual tours are accessible from anywhere, anytime, on any device – essentially, a 24/7 open house where potential renters can explore as long as they want, at their own pace. With 3D virtual tours, viewers can measure with 99% accuracy the size of each room, even providing the ability to digitally measure walls, doors, windows or furniture. Dollhouse view allows viewers to see how the rooms in the house are laid out and truly feel the flow of a space as if they were there in person. "At Zumper we have created a fully digital end-to-end solution for both renters and property owners, and partnering with Matterport was the next natural step to enhance our offerings," said Anthemos Georgiades, CEO and Co-Founder of Zumper. "This partnership offers multi-family property owners the best technology available, at a third of the price, with complete flexibility for maximum engagement." When Zumper customers purchase the Virtual Signature package, each property will be scanned in 3D to gain full access to Matterport's suite of features, which include: 3D virtual tours that include multiple Dollhouse and Floor Plan views, five exterior 360° panoramas, 4K print-quality photos, dimensionally accurate 2D schematic floor plans, as well as guided and video tours, along with highest priority rental listing placement. Most notably, Zumper customers have free access to share their Matterport content on any platform, including all the major social networks, to advertise their property. This ability is completely unique to Zumper as all other listing platforms limit sharing. As renters and property owners look for resources to rent as safely and quickly as possible, Zumper and Matterport conducted a survey, finding that virtual tours have a massive impact on owners' abilities to lease their properties and renters' confidence in signing a lease. Some highlights include: 82% of property owners that have advertised with a 3D walkthrough were able to rent their property entirely virtually 99% of property owners say that potential renters would be more interested in a listing that offered a 3D virtual tour over one that didn't 98% of property owners say 3D virtual tours would give their listings an improved competitive edge 95% of renters would be more likely to rent a property with a 3D virtual tour on the listing site 90% of renters would be more interested in a listing that offered a 3D virtual tour over one that didn't"We're proud to provide Zumper customers with the 3D virtual tours that will enable them to make a confident decision about where to live," said Robin Daniels, CMO of Matterport. "The ability to quickly, easily and safely explore apartments will be integral in navigating the process of finding a home. Not only can renters get the important information and understanding of a space with Matterport 3D virtual tours, but property owners can reach more potential tenants by offering them to work around the limitations of in-person showings." For multi-family property owners interested in utilizing all the benefits of this new partnership, please visit https://signup.zumper.com/matterport To see an example of a Matterport 3D virtual tour, please visit: https://my.matterport.com/show/?m=RsKKA9cRJnj About Zumper: Zumper aims to make renting an apartment as easy as booking a hotel. With over 14 million visits every month, Zumper's free online and mobile rental search marketplace has become the largest startup in the industry. Headquartered in San Francisco, Zumper has 200 employees across the U.S. and acquired PadMapper in 2016. The company has raised a total of $140 million in funding from investors including e.ventures, Greycroft, Dawn Capital, Kleiner Perkins, Goodwater Capital, Axel Springer, Stereo Capital, the Blackstone Group, Breyer Capital, Foxhaven Asset Management, Andreessen Horowitz, Greylock, NEA, CrunchFund, xfund, Divco West, MMC Technology Ventures, Scott Cook, and the DeWilde Family Trust. Learn more at Zumper.com or email press@zumper.com. Interested in joining the Zumper team? Check out open positions here. About Matterport:Matterport is the industry leader in 3D capture and spatial data with a mission to digitize and index the built world, and advance the way people interact with the places they inhabit and explore. Matterport's all-in-one 3D data platform enables anyone to turn a physical space into an immersive digital twin and share it with others to connect and collaborate in 3D. The Matterport platform helps thousands of customers in 130+ countries realize the full potential of a space at every stage of its lifecycle including planning, construction, appraisal, marketing and operations. Learn more at matterport.com, browse a gallery of digital twins, or explore a curated global collection of 3D spaces at Destination : Everywhere. Follow Matterport on Facebook, Twitter, LinkedIn and Instagram. All trademarks and product names are the property of their respective companies. View original content to download multimedia:http://www.prnewswire.com/news-releases/more-than-70-of-renters-would-lease-an-apartment-sight-unseen-thanks-to-3d-virtual-tours-301111514.html SOURCE Zumper
PHILADELPHIA, Aug. 13, 2020 /PRNewswire/ -- As the COVID pandemic has increased isolation and reliance on online communication, a national nonprofit devoted to digital literacy for seniors announces a series of easy, fast, and free tools to help more than a quarter* of America's 54 million older adults who struggle with the Internet. After training 116,000 seniors to overcome their fear of the Internet, Generations on Line (GoL) has created, tested and launches the following remote-use COVID support tools:
HOUSTON, Aug. 13, 2020 /PRNewswire/ -- The US Navy Veterans Mesothelioma Advocate says, "We are appealing to the family of a retired career Navy officer or NCO anywhere in the nation who has just been diagnosed with mesothelioma to get serious about financial compensation and to call attorney Erik Karst of the law firm of Karst von Oiste at 800-714-0303. Erik Karst is one of the nation's leading mesothelioma attorneys and he specializes in assisting Navy Veterans with mesothelioma. Mesothelioma compensation for a person like this could be in the millions of dollars because their asbestos exposure may have been so extreme.
BERKELEY, Calif., Aug. 11, 2020 /PRNewswire/ -- Researchers at CITRIS (Center for Information Technology Research in the Interest of Society) at the University of California are launching today "Lighthouse for Older Adults" (Lighthouse), a public-private initiative to pilot access to telehealth and internet services to low-income seniors. With $3.6 million in funding and partners including affordable housing providers, technology distributors and NGOs, Lighthouse aims to equip older adult residents of affordable housing communities with internet access, telehealth tools and digital literacy skills they need to access information, health care services, and social connections.
Hunt Refinances 2 Multifamily Properties Located In Beaverton, Oregon Totaling $65 Million
EL PASO, Texas, Aug. 14, 2020 /PRNewswire/ -- A subsidiary of Hunt Companies, Inc. (Hunt) closed Freddie Mac refinancing for two properties containing a total of 542 multifamily units in Beaverton, Oregon.  Historically low interest rates enabled Hunt to secure 10-year loans at 50% loan to value (LTV) with a 2.54% fixed interest rate and full-term (10 years) of interest only. The properties were acquired in 2011 through Hunt's value add program and are being managed on behalf of a global real estate-focused investment manager. The $65 million in combined proceeds from the loans exceeds the original purchase price of the properties and highlights the appreciation of the projects during the hold period.   Hunt Executive Vice President Dominick Cristiano, who ran the transaction, commented, "The ability to maintain rent collections during the loan process in these uncertain times was a testament to our team's efforts, especially Brian Kelley, an Asset Manager at Hunt. The execution was flawless allowing us to close the loan 49 days from application. A lot of the credit goes to our transaction team of Penny Bradbury and Jesse Batterton for their efforts." About Hunt Companies Hunt, based in El Paso, Texas, is a diversified, family-owned holding company that invests in operating businesses, real estate assets and infrastructure assets. Since its founding in 1947, Hunt's size and scope have grown substantially while gaining considerable expertise across multiple real asset sectors. Hunt's reputation is built on integrity and performance. Hunt is committed to a culture of transparency for employees, clients, investors, and the communities it serves. Hunt and its affiliates employ more than 3,000 people across the United States and Europe. Learn more at www.huntcompanies.com. View original content to download multimedia:http://www.prnewswire.com/news-releases/hunt-refinances-2-multifamily-properties-located-in-beaverton-oregon-totaling-65-million-301112120.html SOURCE Hunt Companies