HOA

Ni Hsin Signs HOA with MNA Energy to Develop Battery Technology for EV Two Wheelers

Tuesday, October 12, 2021 - 10:00am

KUALA LUMPUR, Oct 12, 2021 - (ACN Newswire) - Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) ("Ni Hsin"), today entered into a Heads of Agreement ("HOA") with MNA Energy Sdn Bhd ("MNAE") to develop battery technology for electric motorcycles (EV Two Wheelers) as well as participate in the business and growth of MNAE.

Key Points: 
  • KUALA LUMPUR, Oct 12, 2021 - (ACN Newswire) - Ni Hsin EV Tech Sdn Bhd, a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) ("Ni Hsin"), today entered into a Heads of Agreement ("HOA") with MNA Energy Sdn Bhd ("MNAE") to develop battery technology for electric motorcycles (EV Two Wheelers) as well as participate in the business and growth of MNAE.
  • MNAE produces battery energy storage systems for electric mobility and stationary applications such as telecommunications towers and solar energy farms.
  • It is pioneering Electric Mobility-as-a-Service (EMaaS) in Malaysia, by developing SmartSwap - a game-changing turnkey solution for a battery swapping infrastructure for Electric Motorcycles.
  • Khoo Chee Kong, Managing Director of Ni Hsin EV Tech Sdn Bhd, said: "We see EV Two Wheelers leading the adoption of alternative power sources that can reduce carbon footprint and transition towards a greener economy.

PropLogix Secures Strategic Growth Investment From Accel-KKR

Friday, August 27, 2021 - 3:00pm

SARASOTA, Fla. and MENLO PARK, Calif., Aug. 27, 2021 /PRNewswire/ -- PropLogix , a fast-growing title support company providing tech-enabled due diligence services and software for closing professionals,today announced it has secured a strategic growth investment from Accel-KKR , a leading technology-focused private equity firm.

Key Points: 
  • SARASOTA, Fla. and MENLO PARK, Calif., Aug. 27, 2021 /PRNewswire/ -- PropLogix , a fast-growing title support company providing tech-enabled due diligence services and software for closing professionals,today announced it has secured a strategic growth investment from Accel-KKR , a leading technology-focused private equity firm.
  • With this investment, PropLogix will accelerate market expansion plans, scale product development and pursue M&A opportunities.
  • As a partner to PropLogix, Accel-KKR is committed to and focused on providing capital and expertise to help the entire PropLogix team accelerate growth and scale their product and development capabilities," said Greg Williams, Managing Director at Accel-KKR.
  • The PropLogix mission is to be the most helpful partner in the closing process and to ensure the consumer is protected.

ARDA-ROC Reminds Timeshare Owners of Importance of Going to Their Developer First When Looking to Exit Their Timeshare

Thursday, August 12, 2021 - 3:38pm

After another timeshare exit company has seemingly closed without fulfilling its promise of getting consumers out of their timeshare, the American Resort Development Association-Resort Owners Coalition (ARDA-ROC) today reminded timeshare owners looking to exit their timeshare about the importance of going to their timeshare developer first.

Key Points: 
  • After another timeshare exit company has seemingly closed without fulfilling its promise of getting consumers out of their timeshare, the American Resort Development Association-Resort Owners Coalition (ARDA-ROC) today reminded timeshare owners looking to exit their timeshare about the importance of going to their timeshare developer first.
  • Its best to avoid these timeshare exit companies, which require large upfront fees and most likely will not be able to deliver on their promise of getting owners out of their timeshare.
  • ARDA-ROC recommends owners always contact their timeshare developer, resort management company or HOA as their first source of information regarding exit options.
  • To learn more about timeshare exit companies and how to safely exit your timeshare, visit ResponsibleExit.com .

Proactive news headlines including Andromeda Metals, Argonaut Resources, White Rock Minerals and Danakali

Thursday, August 12, 2021 - 8:09am

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Key Points: 
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    Argonaut Resources NL (ASX:ARE) has started a 2,800 metres drilling program at the Nyungu copper-cobalt deposit in the Lumwana West Project in Zambia.
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    Musgrave Minerals Ltd (ASX:MGV, OTC:MGVMF) continues to define consistent, near-surface, gold mineralisation at its Big Sky prospect.
  • Our written and video content is published on Proactive sites that collectively attract up to 10 million views per month.
  • For more information on how Proactive can help you make a difference, email us at action@proactiveinvestors.com

Hoots Wings Makes West Coast Debut with 18-Unit Area Development Agreement for Southern California

Wednesday, August 11, 2021 - 2:15pm

ORANGE COUNTY, Calif., Aug. 11, 2021 /PRNewswire/ -- Hoots Wings , best-in-class wing concept, announced the signing of an 18-unit area development agreement bringing locations to Southern California over the next five years.

Key Points: 
  • ORANGE COUNTY, Calif., Aug. 11, 2021 /PRNewswire/ -- Hoots Wings , best-in-class wing concept, announced the signing of an 18-unit area development agreement bringing locations to Southern California over the next five years.
  • The new multi-unit deal marks hoots wings debut on the West Coast, setting the brand up to add 18 locations in California throughout Los Angeles and Orange County by 2026.
  • Hoots now joins Medali's robust portfolio that includes 15 Blaze Pizza franchises throughout Southern California and two Subway locations.
  • "Not only is he an industry veteran, but he understands the brand and the excitement that surrounds the development of hoots wings in California.

KBRA Assigns Preliminary Ratings to HOA Funding, LLC Series 2021-1 Senior Secured Notes

Thursday, August 5, 2021 - 9:45pm

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes from HOA Funding, LLC Series 2021-1, a whole business securitization.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to two classes of notes from HOA Funding, LLC Series 2021-1, a whole business securitization.
  • KBRA also anticipates withdrawing the ratings on the Series 2014-1 Class A-1 and A-2 Notes as well as the Series 2015-1 Class A-2 and Class B Notes.
  • This transaction is the third whole business securitization (WBS) issued by HOA Funding, LLC (Master Issuer).
  • In conjunction with the issuance of the Series 2021-1 Notes, KBRA anticipates withdrawing the ratings on the Master Issuers outstanding Series 2014-1 Class A-1 Notes, Series 2014-1 Class A-2 Notes, Series 2015-1 Class A-2 Notes and Series 2015-1 Class B Notes (together, the Existing Transaction).

Black Knight Launches HOA Property Indicators, an Automated Data Solution to Identify and Reduce Portfolio HOA Risk

Tuesday, January 26, 2021 - 2:00pm

Black Knight's HOA Property Indicators solution quickly and automatically identifies properties subject to an HOA and should be used when performing origination due diligence, assessing lender portfolio risk and monitoring potential risk for investors and GSEs.

Key Points: 
  • Black Knight's HOA Property Indicators solution quickly and automatically identifies properties subject to an HOA and should be used when performing origination due diligence, assessing lender portfolio risk and monitoring potential risk for investors and GSEs.
  • The solution provides an easy-to-identify "Yes or No" flag, so users can efficiently confirm HOA status and focus on these properties, as appropriate.
  • HOA Property Indicators is part of Black Knight's HOA solutions suite, which includes data and services that help with everything from identifying properties within an HOA to curing HOA delinquencies.
  • "In this escalated risk environment, it is increasingly important for lenders, servicers and investors to quickly identify properties in HOAs," said Ben Graboske, president, Black Knight Data & Analytics.

Associa Community Management Corporation Promotes Bryant Phillips to HOA Division Director

Monday, January 18, 2021 - 8:44pm

Mr. Phillips possesses a vast and diverse knowledge of association management in large scale homeowners associations, developing communities, and condominiums.

Key Points: 
  • Mr. Phillips possesses a vast and diverse knowledge of association management in large scale homeowners associations, developing communities, and condominiums.
  • Prior to his property management experience, Mr. Phillips spent 15 years in the hospitality industry.
  • He joined CMC in 2015, at which time he managed a 1,000+ unit HOA community and a 19-story luxury high rise condominium community and master association in Northern Virginia.
  • In his new role as HOA division director, Mr. Phillips will continue to ensure that the highest levels of service are being provided to clients.

Kevin Hirzel releases eBook on Michigan Condo and HOA Operations

Friday, January 15, 2021 - 3:15pm

FARMINGTON, Mich., Jan. 15, 2021 /PRNewswire/ --Kevin Hirzel, Managing Member of Hirzel Law, PLC, released " Hirzel's Handbook: How to operate a Michigan Condo or HOA " to serve as an educational resource for board members and property managers.

Key Points: 
  • FARMINGTON, Mich., Jan. 15, 2021 /PRNewswire/ --Kevin Hirzel, Managing Member of Hirzel Law, PLC, released " Hirzel's Handbook: How to operate a Michigan Condo or HOA " to serve as an educational resource for board members and property managers.
  • Kevin Hirzel focuses his practice on condominium law, HOA law, litigation, and real estate law.
  • "Hirzel Law, PLC wants to assist condominium and homeowners associations through Michigan, by giving board members the information needed to successfully operate their associations."
  • Hirzel Law, PLC is an award-winning law firm with offices in Farmington and Traverse City, Michigan that represents condominium associations, homeowners associations, and summer resorts.

Gold Crown Management Rebranded as RealManage

Thursday, October 1, 2020 - 9:00am

Myrtle Beach, SC, Oct. 01, 2020 (GLOBE NEWSWIRE) -- RealManage, which specializes in condominium and homeowner association management services, announced today the official rebranding of Gold Crown Management to RealManage.

Key Points: 
  • Myrtle Beach, SC, Oct. 01, 2020 (GLOBE NEWSWIRE) -- RealManage, which specializes in condominium and homeowner association management services, announced today the official rebranding of Gold Crown Management to RealManage.
  • Gold Crown became a part of the RealManage family in October of 2018.
  • Gold Crown Management has managed condo and homeowner associations since 1992, amassing a portfolio of 80 community associations and 9,000 condo and HOA units in Myrtle Beach and Charleston, SC.
  • Chris ONeill, CEO of RealManage, states, We are excited to have Gold Crown integrated into our company.