PITTSBURGH--(BUSINESS WIRE)-- American Eagle Outfitters, Inc. (NYSE: AEO) today announced the appointment of Deb Henretta to the company's board of directors as an independent dire
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Leading U.S. toymaker JAKKS Pacific, Inc. (NASDAQ: JAKK), in collaboration with Toho and Legendary Entertainment, is excited for the global
CHICAGO--(BUSINESS WIRE)-- Logistics Property Company, LLC (LPC), a logistics real estate platform focused on the acquisition, development and management of state-of-the-art logist
Silver Airways Launches Partnership with AAF’s Orlando Apollos:
Feb. 15, 2019 17:47 UTC Orlando Apollos Football Fans Win Big as Silver Airways Becomes Proud Airline Sponsor of Orlando Apollos Silver Airways Offering 10 Percent Discount* for all Apollos Fans FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Orlando Apollos football fans are winning big this season as Silver Airways launched a new partnership with The Alliance of American Football league’s undefeated Orlando Apollos. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190215005442/en/ Silver Airways presents round-trip tickets to the Bahamas to Orlando Apollos’ first-ever season ticket holders from Sanford, Florida, Darrell and Linda Williams during Apollos 2019 season opener. Pictured left – right: Darrell Williams, Orlando Apollos Vice President Marketing and Strategic Communications Mike Harris, Linda Williams, Silver Airways CEO Steve Rossum As the proud airline sponsor of the Orlando Apollos, Silver Airways is making it easy for football fans to get to Central Florida for Apollos games as the airline is offering a 10 percent discount* to all Apollos fans. Simply go to SilverAirways.com and enter promotion code “APOLLOS2019” for the discount on flights through April 16, 2019. Silver Airways operates to amazing destinations in Florida and the Bahamas from its Central Florida gateways in Orlando, Tampa and Daytona Beach. “As a Central Floridian and huge Apollos fan, we couldn’t be more excited to partner with the best of The Alliance of American Football,” said Silver Airways CEO Steve Rossum. “When you bring together Steve Spurrier, the Orlando Apollos and now Silver Airways, it’s a hands down win-win-win for football fans. In addition, both The Orlando Apollos and Silver Airways share a commitment to honoring the brave and hardworking men and women of our armed forces.” “Just like The Orlando Apollos, Silver Airways is committed to providing customers with first class service and a personal touch,” says Apollos President Michael Waddell. "Silver Airways connects Central Florida to popular Florida and Caribbean destinations at a great value and we are excited about connecting our fans with this outstanding brand. It's a winning combination.” Silver Airways kicked off the partnership during the Orlando Apollos game-winning season opener by presenting the Apollos’ first-ever season ticket holders with round-trip tickets to the Bahamas! And that’s just the beginning. Fans at each Apollos home game will have the opportunity to win a Bahamian vacation package from Silver Airways. About The Alliance of American Football Led by some of the most respected football minds in the game, The Alliance of American Football is top-flight professional football fueled by an unprecedented Alliance between players, fans and the game. Founded by TV and film producer Charlie Ebersol and Hall of Famer Bill Polian, The Alliance features eight teams with 52-player rosters playing a 10-week regular season schedule beginning February 9, 2019 on CBS, followed by two playoff rounds and culminating with the Alliance Championship game at Sam Boyd Stadium in Las Vegas on April 27, 2019. Additional broadcast and distribution partners include Turner Sports – TNT and B/R Live – as well as the NFL Network. Fans can stream key Alliance matchups live via the free Alliance app while accessing integrated gaming options. With a focus on player well-being on and off the field, The Alliance provides players with a commitment to safety and state-of-the-art equipment as well as a comprehensive bonus system, post-football career planning, financial counseling and scholarship support for postsecondary education. For more information, visit https://aaf.com/. About Silver Airways Silver Airways operates the most routes within Florida and between Florida and the Bahamas from its hubs in Fort Lauderdale, Orlando and Tampa, and also flies between Boston and Bar Harbor, Maine. Silver is the official airline of the Minor League Baseball team Daytona Tortugas and also partners with the Orlando Apollos of the Alliance of American Football league. In addition, Silver owns and cooperatively operates Seaborne Airlines with flights in Puerto Rico, the Virgin Islands and the Caribbean. Silver is a codeshare partner with United, JetBlue and Avianca, and has interline agreements with American, Delta, Air Canada, Alaska Airlines, All Nippon Airways, Bahamasair, Hahn Air, Azul and Emirates. Silver operates a fleet of highly-reliable Saab 340 aircraft, and starting this year, Silver is renewing and expanding its fleet with up to 50 new eco-friendly ATR-600s. Silver is honored to be the North American launch customer for the all new, redesigned ATR-600 offering best-in-class quiet cabins, premium leather seats with more legroom, and spacious overhead bins that accommodate full-size, carry-on roller bags. Silver is owned by affiliates of Philadelphia-based investment firm Versa Capital Management, LLC. To learn more about the refined passenger experience coming soon to Silver, visit www.silverairways.com/destinations/atr42. *Sale fares are valid on silverairways.com. For travel on/before April 16, 2019, use Promo Code APOLLOS2019 to obtain 10% off all published fares. Tickets must be issued on/before April 14, 2019 at 11:59pm ET. Seats are limited, subject to availability, and may not be available on all flights or operate all days of week. Tickets are non-refundable and non-transferable. Sale fares are only valid on silverairways.com and only for new tickets. Changes or cancellations can be made for a $50 charge plus any difference in fare, if applicable. Tickets purchased from Silver Airways reservation call center will cost an additional non-refundable $25 per passenger, per itinerary. To avoid this additional expense, please make your reservation at silverairways.com. Fares, routes, charges, and schedules are subject to change without notice. Silver Airways will accept checked baggage up to 50 pounds and 62 linear inches for a non-refundable charge, per passenger, per bag. When purchased at the time of booking on silverairways.com, bag charges are: flights within the United States, $30 for first and $40 for second; internationally, $39 for first and $49 for second. Additional charges apply to purchases after booking, additional pieces, or baggage exceeding size or weight limitations, and other baggage restrictions may apply. For further service charges details please visit silverairways.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20190215005442/en/ Contacts Media Contact:Misty Stoller954-292-8169mediarelations@silverairways.com Source: Silver Airways Smart Multimedia Gallery Photo Silver Airways presents round-trip tickets to the Bahamas to Orlando Apollos’ first-ever season ticket holders from Sanford, Florida, Darrell and Linda Williams during Apollos 2019 season opener. Pictured left – right: Darrell Williams, Orlando Apollos Vice President Marketing and Strategic Communications Mike Harris, Linda Williams, Silver Airways CEO Steve Rossum View this news release and multimedia online at: http://www.businesswire.com/news/home/20190215005442/en

NEW YORK, Feb. 14, 2019 /PRNewswire/ -- Hunt Real Estate Capital, a leader in financing commercial real estate throughout the United States, announced today it provided a first mortgage bridge loan in the amount of $21 million to finance the acquisition and renovation of a multifamily property located in Greensboro, North Carolina.
COLUMBUS, Ohio--(BUSINESS WIRE)-- NAI Ohio River Corridor’s Laurie Stanbro has the opportunity to market what is known as one of the world’s most “unusual”, “bizarre” or “coolest”
LOS ANGELES, Feb. 13, 2019 /PRNewswire/ -- The Winter/Spring 2019 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that despite the recent uncertainty in the stock market, increasing cap rates, and slower economic growth, developers' views on California commercial real estate markets have not changed much from six months ago. The biannual survey projects a three-year-ahead outlook for California's commercial real estate industry and forecasts potential opportunities and challenges affecting the office, multi-family, retail, and industrial sectors. Following the trends of the past two years, industrial space remains hot despite the economy's fluctuations, multi-family housing remains strong in most markets, office has reached its peak, and retail markets continue to struggle.
The NRP Group Breaks Ground on 272-Unit Apartment Community Outside Washington, D.C.
CLARKSBURG, Md., Feb. 15, 2019 /PRNewswire/ -- The NRP Group, a vertically integrated, best-in-class developer, builder, and manager of multifamily housing, has broken ground on The Axiom at Cabin Branch, an upscale 272-unit rental apartment community in Cabin Branch, Montgomery County's new neo-traditional development in Clarksburg, Maryland.     Axiom will be directly adjacent to the new Clarksburg Premium Outlets, an upscale outlet mall developed by Simon and New England Development, located off on I-270 and MD. Route 121 interchange in Montgomery County, Maryland, 30 miles north of Washington, D.C. and 50 miles west of Baltimore. "We're thrilled to bring this development to Cabin Branch as our first step into the Washington, D.C. market," said J. David Heller, Co-Founder and Chief Executive Officer at The NRP Group. "Axiom will offer a unique lifestyle choice for future residents who will be able to enjoy shopping and entertainment options at their fingertips, while in close proximity to the I-270 employment corridor." Axiom will be the only rental community in Cabin Branch. At full build-out, Cabin Branch will feature about 1,600 residences, both for sale and for rent, with for-sale residences developed by upscale builders Winchester Homes, Ryan Homes, and NVHomes. The idyllic setting of The Axiom at Cabin Branch in western Montgomery County includes working farms and orchards, horse and biking trails, kayaking, and other opportunities for outdoor recreation in the adjacent 93,000-acre Agricultural Reserve and the 2,000-acre Black Hill Regional Park.  Axiom will consist of a mix of luxurious one-, two-, and three-bedroom apartment homes. The units will feature plank flooring, 9-foot ceilings, spacious walk-in closets, modern kitchens with quartz countertops, stainless steel appliances, and European-style cabinets. Amenities will include a resort-style pool, pool deck with fire pits, grills, and big-screen TVs, a state-of-the-art fitness center, social and recreational gathering spaces, a dog park, interior bike storage, a tot-lot play area, and package reception services. The NRP Group is developing Axiom with equity partner Parse Capital and with construction financing provided by First National Bank of Pennsylvania. "NRP has an exceptionally strong reputation in the markets in which they develop and an excellent track-record of executing a great product," said Nicholas Killebrew, Head of Originations at Parse. "We are eager to watch this development come together and to continue partnering with NRP on future projects." Axiom marks The NRP Group's first construction start in the D.C. metro area, a logical step for the national developer that has been expanding into several new markets that boast robust economies with strong job and population growth. In 2017, The NRP Group opened an office in Gaithersburg, MD, and hired industry veterans Joseph Torg and Josh Wooldridge as co-heads of its Mid-Atlantic Development office. Torg and Wooldridge are responsible for sourcing and executing NRP's ground-up multifamily development pipeline. In addition to The Axiom at Cabin Branch, Torg and Wooldridge have generated a robust pipeline of multifamily deals from Baltimore to Richmond. "With this groundbreaking, it's clear that Josh and Joe bring the right mix of experience and local knowledge, enabling The NRP Group to expand its development and construction best practices to this new market," added Heller. "We are delighted to have them on board and expect more great things to come." About The NRP Group The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing.  Since the company's founding in 1995, NRP has delivered more than 33,000 apartment homes, and currently manages over 17,000 residential units. The company utilizes the entire breadth of its in-house capabilities to fulfill its mission: creating exceptional rental housing opportunities for individuals and families, regardless of income. Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company's formidable size and depth of talent provides the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market- rate, affordable, and senior housing. As a three-time recipient of the National Association of Builders Multifamily Development Firm of the Year and recognized Top 25 Developer by Multifamily Executive, NRP is leveraging its decades of practice by also providing construction and property management services to outside owners and developers. For additional information, visit www.nrpgroup.com. About Parse Capital Parse is a leading provider of financing solutions to developers and financial sponsors for the development, recapitalization and acquisition of multifamily assets throughout the United States. Parse offers a range of creative financial structures, including stretch senior and subordinated debt, preferred stock and co-investment equity. For more information, please visit Parse's website at www.parsecap.com. About First National Bank of Pennsylvania First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), has approximately 400 full-service locations in Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and South Carolina. In addition to a comprehensive suite of traditional banking products and services, the Bank also provides a full range of online and mobile banking solutions for consumer and business clients. First National Bank has been recognized repeatedly as a best place to work in Pittsburgh, Pennsylvania, its headquarters city. CONTACT:Marynia KrukBeckermanmkruk@beckermanpr.com       347-452-7753 View original content to download multimedia:http://www.prnewswire.com/news-releases/the-nrp-group-breaks-ground-on-272-unit-apartment-community-outside-washington-dc-300796655.html SOURCE The NRP Group
NEW YORK--(BUSINESS WIRE)-- Virgin Group Founder Sir Richard Branson and Virgin Voyages President and CEO Tom McAlpin announced today that Virgin Voyages is officially open for bus
SEATTLE, Feb. 14, 2019 /PRNewswire/ -- United Way of King County CEO Jon Fine will retire after transitioning his responsibilities to a successor, to be identified by the Board of Directors in an extensive local and nationwide search. The search committee will be chaired by board member and Key Bank Pacific Region Executive and Market President, Carol Nelson.
NEW YORK--(BUSINESS WIRE)-- Of all the concerns impacting Americans’ retirement today, running out of money, maintaining their lifestyle and rising healthcare expenses continue to
Public pension assets plummet in 2018 Q4, experiencing largest quarterly losses in two years
SEATTLE, Feb. 15, 2019 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the 2018 fourth quarter results of its Public Pension Funding Index (PPFI), which consists of the nation's 100 largest public defined benefit pension plans. In 2018 Q4, these plans experienced a $306 billion loss in funding, largely due to a disappointing quarterly investment return of -6.39% in aggregate. This marks the largest quarterly funding decrease since the PPFI began in September 2016. Estimated investment returns for plans in Q4 ranged from a low of -10.27% to a high of -2.18%. As a result, the funding ratio of the Milliman PPFI dropped from 72.9% at the end of September to 67.2% as of December 31.  "Public pensions took a huge hit in the fourth quarter of 2018," said Becky Sielman, author of the Milliman 100 Public Pension Funding Index. "And for those plans in which benefits paid out exceed contributions coming in, this is especially difficult news, as investment returns are critical to slow the outflow of funding."  As of December 31, 2018, the PPFI deficit stands at $1.693 trillion, compared to $1.387 trillion at the end of September 2018. The total pension liability (TPL) continues to grow, and stood at an estimated $5.164 trillion at the end of Q4, up from $5.123 trillion at the end of Q3. Funded ratios overall moved lower this quarter, with nine plans dropping below the 90% funded mark; there are now just eight plans above this mark, compared to 17 at the end of Q3. To view the Milliman 100 Public Pension Funding Index, go to http://www.milliman.com/ppfi/. To receive regular updates of Milliman's pension funding analysis, contact us at pensionfunding@milliman.com. About MillimanMilliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com. About the Milliman Public Pension Funding IndexSince 2012, Milliman has conducted an annual study of the 100 largest defined benefit plans sponsored by government jurisdictions in the U.S. The Milliman 100 Public Pension Funding Index projects the funded status for pension plans included in our study, reflecting the impact of actual market returns, utilizing the actual reported asset values, liabilities, and asset allocations of the pension plans. The results of the Milliman 100 Public Pension Funding Index are based on the pension plan financial reporting information disclosed in the plan sponsors' Comprehensive Annual Financial Reports, which reflect measurement dates ranging from June 30, 2016, to December 31, 2017. This information was summarized as part of the Milliman 2018 Public Pension Funding Study, which was published on January 15, 2019. View original content to download multimedia:http://www.prnewswire.com/news-releases/public-pension-assets-plummet-in-2018-q4-experiencing-largest-quarterly-losses-in-two-years-300796439.html SOURCE Milliman, Inc.