Lease

Maxcom informs an update related to a Master Lease Agreement with MXT

Friday, October 15, 2021 - 3:55pm

de C.V. (BMV: MAXCOM A, OTC: MXMTY) ("Maxcom" or the "Issuer", indistinctly) in connection with the tender offer launched by Transtelco Acquisitions III, S. de R.L.

Key Points: 
  • de C.V. (BMV: MAXCOM A, OTC: MXMTY) ("Maxcom" or the "Issuer", indistinctly) in connection with the tender offer launched by Transtelco Acquisitions III, S. de R.L.
  • On April 6, 2018, the Issuer entered into a Master Lease and Service Provision Agreement with MXT Eagle Towers, S.A.P.I.
  • de C.V. ("MXT"), as a provider, under which Maxcom has contracted with MXT the access and shared use of passive telecommunications infrastructure, among other services (the "MXT Master Agreement").
  • In terms of the MXT Master Agreement, if the Public Offering is successful, Maxcom must notify MXT in writing within three business days following the date on which the Offering is consummated that a change of control has occurred for the Issuer.

JPMorgan Chase Committing $8.4 Million to Improve Household Stability for Black, Hispanic and Latino and Other Underserved Households

Thursday, October 14, 2021 - 6:26pm

JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.

Key Points: 
  • JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.
  • Through JPMorgan Chases commitments, six organizations will design and test innovative models to improve household stability with the goal of expanding successful models across the U.S.
  • Todays announcement will help promote immediate housing stability for underserved households and is one step toward our goal of addressing barriers to affordable housing and homeownership, especially for Black, Latino and Hispanic families.
  • Recently, the JPMorgan Chase PolicyCenter released data-driven policy recommendations to improve household stability weakened by the pandemic.

Delaware Court Agrees with CytoDyn that Activist Group’s Nominations are Invalid

Thursday, October 14, 2021 - 12:00pm

All of the Activist Groups claims were denied and judgment was entered for CytoDyn and its Board.

Key Points: 
  • All of the Activist Groups claims were denied and judgment was entered for CytoDyn and its Board.
  • IncellDx: The Board legitimately suspected that Patterson and others were keen on revisiting the failed attempt to combine IncellDx and CytoDyn.
  • The Court therefore concluded that the nomination notice was fatally incomplete and that the Board of Directors was justified in rejecting it.
  • Scott A. Kelly, M.D., Chairman of the Board of CytoDyn, stated, Our by-laws are in place to ensure that all shareholders are treated equally.

Mercury Insurance Reports a 40% Spike in California Comprehensive Car Claims

Wednesday, October 13, 2021 - 8:56pm

LOS ANGELES, Oct. 13, 2021 /PRNewswire/ -- Mercury Insurance is reporting a dramatic increase in vehicle vandalism and auto theft in California with comprehensive auto insurance claims up 40% since pre-pandemic levels. While the increase in theft and vandalism began when the COVID-19 pandemic started, theft of audio and other car parts, including catalytic converters, continue to rise as pandemic restrictions are relaxed.

Key Points: 
  • Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier predominantly offering personal auto, homeowners, renters and commercial insurance through a network of independent agents in Arizona, California, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida.
  • Mercury writes other lines of insurance in various states, including business owners and business auto, landlord, home-sharing, ride-hailing and mechanical protection insurance.
  • Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultracompetitive rates with excellent customer service.
  • Power 2021 U.S. Insurance Digital Experience StudySM and four consecutive "Best Auto Insurance Company" awards from Insure.com.

SAP Cloud Momentum Accelerates Significantly

Wednesday, October 13, 2021 - 12:19am

SAP is raising its full-year 2021 outlook, reflecting the strong business performance which is expected to continue to accelerate cloud revenue growth.

Key Points: 
  • SAP is raising its full-year 2021 outlook, reflecting the strong business performance which is expected to continue to accelerate cloud revenue growth.
  • 9.4 9.6 billion cloud revenue at constant currencies (2020: 8.09 billion), up 16% to 19% at constant currencies.
  • Current cloud backlog (CCB) is the contractually committed cloud revenue we expect to recognize over the upcoming 12 months as of a specific key date.
  • SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries.

The Law Offices of Jibrael S. Hindi Wins Victory for Low Income Tenants

Tuesday, October 12, 2021 - 7:10pm

Florida Fair Housing Alliance (FFHA) is a non-profit organization with its primary mission of rooting out discriminatory housing practices in Florida.

Key Points: 
  • Florida Fair Housing Alliance (FFHA) is a non-profit organization with its primary mission of rooting out discriminatory housing practices in Florida.
  • "One of the violations that we have been combating over the last couple years is what is called source of income discrimination.
  • For more information on the Law Offices of Jibrael S. Hindi, please visit https://jibraellaw.com .
  • SOURCE Law Offices of Jibrael S. Hindi

Macerich Introduces 'QuikSpace,' Fully Digitized Platform For Short-Term Retail Leases

Tuesday, October 12, 2021 - 11:00am

The new platform and its sophisticated tenant portal will offer one-click lease execution for short-term retail space of up to 12 months, plus intuitive tools for managing accounts, making payments, renewing leases and more.

Key Points: 
  • The new platform and its sophisticated tenant portal will offer one-click lease execution for short-term retail space of up to 12 months, plus intuitive tools for managing accounts, making payments, renewing leases and more.
  • "By digitizing the process, Macerich is simplifying every aspect of short-term leasing with the goal of providing tenants with a frictionless experience," said Ken Volk, Executive Vice President, Business Development, Macerich.
  • To realize this new capability, Macerich has partnered with real estate industry software developer Yardi, utilizing its property data and listings platform CommercialEdge to power QuikSpace.
  • Macerich successfully implemented Yardi's core ERP system in 2019, including Voyager, Retail Manager, Forecast Manager and Construction Manager.

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Thursday, October 7, 2021 - 9:05pm

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the third quarter of 2021.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the third quarter of 2021.
  • Terreno Realty Corporation has approximately $110.7 million of acquisitions under contract and approximately $141.0 million of acquisitions under letter of intent.
  • Terreno Realty Corporation has one property under contract for sale for approximately $32.7 million aggregating approximately 167,000 square feet.
  • Terreno Realty Corporation expects to file its quarterly report on Form 10-Q for the period ended September 30, 2021 on or about November 3, 2021.

High Tide Enters U.K. Market Through Acquisition of Blessed CBD

Thursday, October 7, 2021 - 11:02am

Im very pleased to announce the addition of Blessed CBD, the U.K.s top CBD brand as designated by several prominent publications, into the High Tide family.

Key Points: 
  • Im very pleased to announce the addition of Blessed CBD, the U.K.s top CBD brand as designated by several prominent publications, into the High Tide family.
  • Blessed CBD has experienced rapid growth and success from inception, and our goal is to become the most sought-after CBD brand globally.
  • Exposure The addition of Blessed will turn High Tide into a major player in the U.K. CBD market.
  • In addition, High Tide has agreed to grant Blesseds founder an option to put to High Tide the remaining shares in Blessed not held by High Tide (the Put Option), at the same enterprise value of the Call Option.

Single-family Rentals Drive all 2021 Rent Increases

Wednesday, October 6, 2021 - 6:00pm

According to Jonas Bordo, CEO & Co-Founder of Dwellsy, "Due to COVID19, renters want more space and control over access to their homes, and this has led to substantial new demand for single family rentals. The supply of these properties is relatively unchanged--maybe even down, due to the hot single-family sales market--so rent for this asset type has gone through the roof in 2021." Dwellsy's data shows that single family rental prices are up by 15%, driving an overall increase in median rent by 9.6%.

Key Points: 
  • This year's overall rent increases are coming solely from single-family rentals, while apartment home rental prices are actually decreasing.
  • The supply of these properties is relatively unchanged--maybe even down, due to the hot single-family sales market--so rent for this asset type has gone through the roof in 2021."
  • Dwellsy's data shows that single family rental prices are up by 15%, driving an overall increase in median rent by 9.6%.
  • If you are looking to find a rental to call home, check out our inventory of apartments and homes for rent .