Renting

KB Home Reports 2022 Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, January 11, 2023

KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2022.

Key Points: 
  • KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2022.
  • “Our financial results for 2022 mark one of the best years in our Company’s history.
  • Land and land development expenditures for the quarter decreased 29% to $442.7 million, compared to $621.7 million for the year-earlier quarter.
  • The conference call to discuss the Company’s 2022 fourth quarter earnings will be broadcast live TODAY at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time.

Avolon Reports Increase in Lease Activity in 2022 as Air Travel Rebounds

Retrieved on: 
Tuesday, January 10, 2023

Avolon, the international aircraft leasing company, issues an update for the fourth quarter (‘Q4’) and 2022 full year (‘FY’).

Key Points: 
  • Avolon, the international aircraft leasing company, issues an update for the fourth quarter (‘Q4’) and 2022 full year (‘FY’).
  • “2022 was a successful year for Avolon as borders reopened around the globe and our customers returned to the skies, capitalising on the pent-up demand for travel.
  • This appetite for travel was reflected in the increased utilisation of our fleet compared to 2021, with demand for both our new and used aircraft support- ing our strong leasing and trading activity.
  • As we enter 2023, the outlook for the business is positive; we have an industry leading platform, an orderbook of new technology aircraft, a global footprint and a robust balance sheet.

Apartments.com Releases Q4 2022 Growth Report

Retrieved on: 
Tuesday, January 10, 2023

Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for Q4 2022 backed by analyst observations.

Key Points: 
  • Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for Q4 2022 backed by analyst observations.
  • With 2023’s national forecast predicting the highest new supply totals since the 1980s, expect vacancy to rise above 7% and rent growth to push much lower.”
    Multifamily conditions continued their stark reversal of fortune in Q4 2022.
  • Palm Beach sits at the helm, with year over year rent growth declining by 29 percentage points from 30.4% a year ago to just 1.7% at the end of 2022.
  • Phoenix and Las Vegas saw rent growth peak above 20% in 2021, yet closed out the year in the red.

United Rentals Named to JUST 100 List of Top Performing Companies

Retrieved on: 
Tuesday, January 10, 2023

United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it was named to the 2023 JUST 100, a ranking of America’s largest publicly traded companies on environmental, social and corporate governance (ESG) issues.

Key Points: 
  • United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced it was named to the 2023 JUST 100, a ranking of America’s largest publicly traded companies on environmental, social and corporate governance (ESG) issues.
  • JUST 100 is a preeminent list of companies that are doing right by all their stakeholders – employees, customers, communities and the environment – while also generating strong performance for shareholders.
  • United Rentals was ranked number one in its industry category for workers.
  • The report addresses all major aspects of United Rentals’ corporate responsibility initiatives, including its commitment to reduce the intensity of its greenhouse gas emissions by 35 percent by 2030.

Rently Wins "Connected Home Innovation of the Year" in 2023 IoT Breakthrough Awards Program

Retrieved on: 
Thursday, January 12, 2023

LOS ANGELES, Calif., Jan. 12, 2023  /PRNewswire-PRWeb/ -- IoT Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Internet-of-Things (IoT) market, today announced that Rently, the leader in self-touring and smart home technology solutions, has been selected as the winner of the "Connected Home Innovation of the Year" award in the 7th annual IoT Breakthrough Awards program.

Key Points: 
  • The Rently Tours app and the Rently Tour Manager app are used to create real-time connections that begin during the property showing experience.
  • In response, managers receive tour requests and confirm appointments from their Rently Tour Manager app, or online portal.
  • Additionally, property managers need to be able to deploy smart home technology easily and cost-efficiently," said James Johnson, managing director at IoT Breakthrough.
  • Congratulations to the Rently team on winning our 2023 'Connected Home Innovation of the Year' award!"

44.7% of Colorado renters believe they'll buy property within two years - but their finances tell a different story

Retrieved on: 
Thursday, January 12, 2023

According to the latest report from TurboTenant , 77% of tenants want to own a home someday and nearly half of Colorado renters think they're likely to buy property within the next two years.

Key Points: 
  • According to the latest report from TurboTenant , 77% of tenants want to own a home someday and nearly half of Colorado renters think they're likely to buy property within the next two years.
  • But if they hope to stay in the Centennial State, their savings need to take a hike; 68.5% of Colorado tenants had less than $5,000 saved.
  • 50% of Colorado landlords plan to purchase property next year, making the market that much more challenging for hopeful first-time homeowners.
  • TurboTenant deployed 11 surveys to landlord and renter audiences over the course of 2022, garnering over 11,000 completed responses.

Circa Hires Matt Cox as Chief Revenue Officer

Retrieved on: 
Thursday, January 12, 2023

BRUNSWICK, Maine, Jan. 12, 2023 /PRNewswire/ -- Circa, an innovative payment technology company, today announced it has hired Matt Cox as Chief Revenue Officer.

Key Points: 
  • Industry sales veteran to help innovative payment technology company expand rental housing footprint, scale
    BRUNSWICK, Maine, Jan. 12, 2023 /PRNewswire/ -- Circa , an innovative payment technology company, today announced it has hired Matt Cox as Chief Revenue Officer.
  • In his new role, he will assist Circa in expanding the company's payment platform footprint within the rental housing industry while strategically guiding sales performance and driving revenue growth.
  • "Matt is the perfect fit for our team and his multifaceted experience, deep industry knowledge and sales prowess will help us accelerate our growth," said Leslie Hyman, co-founder and chief executive officer of Circa.
  • As a transformational strategist, Cox will help elevate Circa's performance at all levels and spearhead its revenue initiatives while building relationships with clients.

ManpowerGroup's 2023 Workforce Trends Report Reveals "The New Human Age" Is Upon Us

Retrieved on: 
Thursday, January 12, 2023

MILWAUKEE, Jan. 12, 2023 /PRNewswire/ -- Amidst the growing digitization of work and the workforce, ManpowerGroup's new 2023 trends report, "The New Human Age," finds that although technology may be the great enabler, humans are still the catalyst to the future. This research, published ahead of the World Economic Forum Annual Meeting in Davos, Switzerland, which features input from 13,000 decision-makers and 8,000 workers from across eight countries and regions, identifies 14 key trends shaping the future of work and impacting today's employers and the people they employ. These include shifting demographics, individual choice, tech adoption, and competitive drivers. The report also provides guidance on how employers can attract and retain talent in this new age.

Key Points: 
  • MILWAUKEE, Jan. 12, 2023 /PRNewswire/ -- Amidst the growing digitization of work and the workforce, ManpowerGroup's new 2023 trends report, "The New Human Age," finds that although technology may be the great enabler, humans are still the catalyst to the future.
  • The report also provides guidance on how employers can attract and retain talent in this new age.
  • What we believed then, and what has come to pass, is that tech can augment human skills rather than replace them.
  • "The New Human Age" trend report is now available at: manpowergroup.com/the-new-human-age

RENT FINAL DEADLINE ALERT: Hagens Berman, National Trial Attorneys, Encourages Rent the Runway (RENT) Investors with Significant Losses to Contact Firm’s Attorneys Before Jan. 13th Deadline in Securities Class Action

Retrieved on: 
Thursday, January 12, 2023

SAN FRANCISCO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Rent the Runway, Inc. (NASDAQ: RENT) investors who suffered significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Rent the Runway, Inc. (NASDAQ: RENT) investors who suffered significant losses to submit your losses now .
  • By Oct. 11, 2022, the price of Rent the Runway shares closed at $1.98, or about 90% below the IPO price.
  • If you invested in Rent the Runway and have significant losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman .
  • Whistleblowers: Persons with non-public information regarding Rent the Runway should consider their options to help in the investigation or take advantage of the SEC Whistleblower program.

Scorpio Tankers Inc. Announces Update on Daily TCE Revenues and Securities Repurchase Program

Retrieved on: 
Wednesday, January 11, 2023

TCE revenue, a Non-IFRS measure, is vessel revenues less voyage expenses (including bunkers and port charges).

Key Points: 
  • TCE revenue, a Non-IFRS measure, is vessel revenues less voyage expenses (including bunkers and port charges).
  • The TCE revenue for the year ended December 31, 2022 is subject to final audit adjustments and pool allocations.
  • Consequently, Expected Revenue Days represent the total number of days the vessel is expected to be available to earn revenue.
  • As of the date of this press release, there is $132.0 million of remaining availability under the Company’s Securities Repurchase Program, and there are 59,727,998 common shares outstanding.