Renting

GA technologies expands its real estate business into the States by the acquisition of RW OpCo originating in the U.S.

Retrieved on: 
Friday, January 19, 2024

TOKYO, Jan. 18, 2024 /PRNewswire/ -- GA technologies Co., Ltd. (Headquarters: Minato District, Tokyo /CEO: Ryo Higuchi / Securities code: 3491/ "Company'') announced the acquisition of the equity of RW OpCo, LLC (Headquarters: State of Delaware, U.S.A. / CEO: Kevin Ortner / "RW OpCo") by GA technologies through its U.S. based subsidiary GA technologies USA Inc.

Key Points: 
  • The Company will be acquiring the full ownership of the rental management and investment real estate marketplace businesses originating in the U.S. operated by RW OpCo to make the company the US subsidiary of the Company.
  • The acquisition shall be executed under a condition that the two parties agreed upon the fulfillment of the conditions mentioned in the Foreclosure Sale Agreement.
  • Through this management integration, the Company will expand its business foundation in the U.S. area, and firmly establish itself in the online real estate market as a global player.
  • The Company is looking to provide a fast and safe real estate transaction experience with the application of technology along with its global expansion.

FIX-AND-FLIP INVESTORS MORE OPTIMISTIC THAN RENTAL PROPERTY OWNERS ACCORDING TO RCN WINTER INVESTOR SENTIMENT SURVEY

Retrieved on: 
Thursday, January 18, 2024

SOUTH WINDSOR, Conn., Jan. 18, 2024 /PRNewswire/ -- There were significant differences of opinion between fix-and-flip investors and rental property owners about the state of real estate investing, according to the Winter 2023 Investor Sentiment Survey from RCN Capital, conducted by market intelligence firm CJ Patrick Company. Fifty percent of flippers felt things were better today than last year, and 51% expect things to improve over the next 6 months. Only 20% of rental property owners felt conditions were better today, and only 22% expect things to improve over the next 6 months. Forty eight percent of rental property owners felt conditions were worse today compared to 26% of flippers. Rental owners are also less optimistic about future conditions, with 23% expecting things to worsen, while only 14% of flippers share that concern.

Key Points: 
  • Only 20% of rental property owners felt conditions were better today, and only 22% expect things to improve over the next 6 months.
  • Forty eight percent of rental property owners felt conditions were worse today compared to 26% of flippers.
  • Rental owners are also less optimistic about future conditions, with 23% expecting things to worsen, while only 14% of flippers share that concern.
  • Investors were slightly less pessimistic about the U.S. economy in the Winter survey compared to the Fall.

RENTING A HOME STILL MORE AFFORDABLE THAN OWNING ACROSS U.S. EVEN AS BOTH REMAIN FINANCIAL STRETCH

Retrieved on: 
Thursday, January 18, 2024

IRVINE, Calif., Jan. 18, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property and real estate data, today released its 2024 Rental Affordability Report, which shows that median three-bedroom rents in the U.S. are more affordable than owning a similarly-sized home in nearly 90 percent of local markets around the nation.

Key Points: 
  • Those two data sources were combined with average wage figures from the Bureau of Labor Statistics (see full methodology below).
  • "Finding an affordable home remains a daunting prospect around the country for average workers, regardless of whether they want to buy or rent.
  • "But the latest data shows that even as rents are growing faster, they remain more affordable than owning."
  • Renting a three-bedroom home, while still difficult for average workers, is most affordable in 2024 compared to owning a median-priced single-family home in the nation's largest counties.

Zillow empowers renters with credit-building payment reporting

Retrieved on: 
Wednesday, January 17, 2024

SEATTLE, Jan. 17, 2024 /PRNewswire/ -- Zillow is introducing a new feature that allows renters who pay their rent on Zillow to have their on-time payments reported to a major national credit bureau at no cost to them. This is a first for any online rental marketplace, offering a unique opportunity for renters to build credit through regular rent payments at no additional cost.

Key Points: 
  • Zillow's rent reporting program is rooted in the recognition of a significant gap in credit reporting.
  • Reporting on-time rent payments can help renters build or enhance their credit history, an important step in accessing broader financial opportunities.
  • Zillow's rent reporting feature is designed for ease and efficiency, providing renters with a straightforward, secure path to building credit.
  • Here's an overview of the process:
    Opt In: Renters already utilizing Zillow for rent payments can enable rent reporting via their Renter Payments Dashboard on Zillow.

LCS names Dan Lahey to EVP/Chief Financial and Investment Officer

Retrieved on: 
Tuesday, January 16, 2024

Des Moines, IA, Jan. 16, 2024 (GLOBE NEWSWIRE) -- LCS, the nation’s third-largest senior living operator, has promoted Dan Lahey to executive vice president /chief financial and investment officer effective Jan. 1, 2024.

Key Points: 
  • Des Moines, IA, Jan. 16, 2024 (GLOBE NEWSWIRE) -- LCS, the nation’s third-largest senior living operator, has promoted Dan Lahey to executive vice president /chief financial and investment officer effective Jan. 1, 2024.
  • Lahey will direct all financial and real estate operations for the organization and provide leadership for financial planning and analysis, accounting, treasury, tax, community finance, investments, capital markets, and asset and portfolio management for LCS.
  • “Dan understands our business from top to bottom and has made a tremendous impact on our company.
  • He joined LCS as an Accounting and Tax Manager on the finance team, and later joined LCS Real Estate at its inception.

United Rentals Outlines Roadmap to Low-Emission and Zero-Emission Jobsites

Retrieved on: 
Tuesday, January 16, 2024

United Rentals released a white paper, " Roadmap to Low-Emission and Zero-Emission Jobsites ," which shares four practical steps to reduce emissions and the tools and equipment to make sustainability strategies a reality on the jobsite.

Key Points: 
  • United Rentals released a white paper, " Roadmap to Low-Emission and Zero-Emission Jobsites ," which shares four practical steps to reduce emissions and the tools and equipment to make sustainability strategies a reality on the jobsite.
  • “For companies with budgets large or small, reducing jobsite emissions is possible now,” said Grant Zoldowski, Director of Environmental Management, United Rentals.
  • Targeting the predominant sources of emissions on projects and jobsites allows companies to focus their efforts and dollars on changes that will yield the biggest results.
  • Leverage Battery Energy Storage: New energy storage solutions enable companies to reduce the use of emission-generating portable power equipment.

Arc Welding Robots Market to increase by USD 708.44 million during 2022-2027; Growing popularity of industrial robots in APAC to drive the growth - Technavio

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The arc welding robots market size is expected to grow by USD 708.44 million between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The arc welding robots market size is expected to grow by USD 708.44 million between 2022 and 2027.
  • The growing popularity of industrial robots in APAC drives market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View a Free PDF Sample
    The report recognizes the following as some of the key players in the arc welding robots market: ABB Ltd., Arrowtek Robotic Pvt.

Empowering Customers: A Year of Major Advances in Mobilisights’ Mobility Data

Retrieved on: 
Wednesday, January 10, 2024

One year ago, Mobilisights was created to leverage exclusive access to embedded data across the 14 iconic Stellantis brands, enabling a smarter world.

Key Points: 
  • One year ago, Mobilisights was created to leverage exclusive access to embedded data across the 14 iconic Stellantis brands, enabling a smarter world.
  • In terms of product assessment, Mobilisights has developed or evolved five major data packages to meet the needs of its clients.
  • Real-time data from connected vehicles, like odometer and acceleration, enables insurance companies to offer personalized products, rewarding safe driving.
  • This driver data, with consent, is analyzed to create offers based on driving style, enriching vehicle ownership with Mobilisights’ data.

United Rentals, Inc. Fourth Quarter and Full Year 2023 Conference Call and Audio Webcast Thursday, January 25, 2024 at 8:30 a.m. (ET)

Retrieved on: 
Thursday, January 11, 2024

United Rentals, Inc. (NYSE: URI) will hold its fourth quarter and full year 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 25, 2024 at 8:30 a.m. Eastern Time.

Key Points: 
  • United Rentals, Inc. (NYSE: URI) will hold its fourth quarter and full year 2023 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, January 25, 2024 at 8:30 a.m. Eastern Time.
  • The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call.
  • The passcode for both the conference call and replay is 80065.
  • The company’s fourth quarter and full year 2023 press release will be issued and available at unitedrentals.com after the market close on Wednesday, January 24, 2024.

EVgo and Toyota Extend Agreement to Provide One Year of Complimentary Fast Charging to 2024 bZ4X Customers

Retrieved on: 
Wednesday, January 10, 2024

EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced an extension of its agreement with Toyota Motor North America, Inc. (Toyota) to provide drivers who purchase or lease a new 2024 bZ4x with one year of complimentary fast charging on EVgo’s nationwide network.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced an extension of its agreement with Toyota Motor North America, Inc. (Toyota) to provide drivers who purchase or lease a new 2024 bZ4x with one year of complimentary fast charging on EVgo’s nationwide network.
  • View the full release here: https://www.businesswire.com/news/home/20240110395144/en/
    Toyota 2024 bZ4X at an EVgo fast charging station (Photo: Business Wire)
    First announced in February 2022 , the ongoing collaboration between EVgo and Toyota to offer complimentary charging helps boost range confidence for EV drivers by unlocking access to EVgo’s owned and operated public fast charging network with stations from coast to coast.
  • “Charging is an essential part of owning an EV, and we’re pleased to offer our customers who purchase or lease our bZ4X vehicles the convenience and accessibility made available by EVgo,” said James George, General Manager of EV Charging Solutions at Toyota Motor North America.
  • “Our ongoing collaboration with one of the nation’s largest public fast charging companies enables us to grant bZ4X drivers access to EVgo’s extensive nationwide network.”
    For more information about the EVgo charging network, visit www.evgo.com .