Residential Building & Real Estate

The Englebrecht Company Takes the Less Out of Homeless

Tuesday, November 12, 2019 - 9:21pm

My idea of Homeless Parents / Homeless Homes will provide the means for these men and women to get on their feet again and get a fresh start.

Key Points: 
  • My idea of Homeless Parents / Homeless Homes will provide the means for these men and women to get on their feet again and get a fresh start.
  • The concept of Homeless Parents / Homeless Homes is a simple one.
  • If the Homeless Parents/Homeless Homes program takes 30% of the homeless population off the streets it is a huge success, said Englebrecht.
  • For more information on the groundbreaking Homeless Parents / Homeless Homes program, go to www.homelessparents.com or contact Roy Englebrecht at boxing77@aol.com or 949-235-6155.

JELD-WEN Holding, Inc. to Participate in the Credit Suisse 7th Annual Industrials Conference

Tuesday, November 12, 2019 - 9:30pm

JELD-WEN Holding, Inc. (NYSE:JELD) today announced that Gary S. Michel, president and chief executive officer, will present at the Credit Suisse 7th Annual Industrials Conference on December 4, 2019 at 2 p.m. EST.

Key Points: 
  • JELD-WEN Holding, Inc. (NYSE:JELD) today announced that Gary S. Michel, president and chief executive officer, will present at the Credit Suisse 7th Annual Industrials Conference on December 4, 2019 at 2 p.m. EST.
  • A link to the live audio webcast, along with replay and additional information, will be available on the investor relations portion of the companys website at https://investors.jeld-wen.com .
  • JELD-WEN, founded in 1960, is one of the worlds largest door and window manufacturers, operating manufacturing facilities in 20 countries located primarily in North America, Europe and Australia.
  • JELD-WEN is a recognized leader in manufacturing energy-efficient products and has been an ENERGY STAR Partner since 1998.

Trinity Merger Corp. and Broadmark Announce Approval of Business Combination

Tuesday, November 12, 2019 - 9:15pm

Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (Trinity) and the Broadmark real estate lending companies (Broadmark) today announced that Trinitys stockholders and Broadmarks members have approved the proposed business combination among Trinity and Broadmark.

Key Points: 
  • Trinity Merger Corp. (Nasdaq: TMCX, TMCXW, TMCXU) (Trinity) and the Broadmark real estate lending companies (Broadmark) today announced that Trinitys stockholders and Broadmarks members have approved the proposed business combination among Trinity and Broadmark.
  • Trinitys Board of Directors and the Broadmark Board of Directors and management companies had previously approved the business combination and recommended that their respective security holders vote in favor of all of the proposals relating to the business combination.
  • Upon completion of the business combination, Trinity Sub Inc., will be renamed Broadmark Realty Capital Inc. (Broadmark Realty), and operate as an internally managed real estate investment trust (REIT) specializing in short-term financing for the acquisition, renovation and development of residential and commercial properties.
  • However, while Trinity and Broadmark may elect to update these forward-looking statements at some point in the future, both Trinity and Broadmark specifically disclaim any obligation to do so.

Allied Title & Escrow Partners with Earnnest to Digitize Earnest Money Deposits

Tuesday, November 12, 2019 - 9:00pm

Allied Title & Escrow, the fastest-growing title company in DMV (Washington, D.C., Virginia and Maryland), has partnered with Earnnest, the future of real estate payments, to be the first title company in the region offering digital transfers of earnest money deposits (EMDs) through Earnnests innovative technology platform.

Key Points: 
  • Allied Title & Escrow, the fastest-growing title company in DMV (Washington, D.C., Virginia and Maryland), has partnered with Earnnest, the future of real estate payments, to be the first title company in the region offering digital transfers of earnest money deposits (EMDs) through Earnnests innovative technology platform.
  • Allied Title & Escrow is a team of industry experts and attorneys with more than 30 years of experience.
  • Allied is committed to investing in best-in-class technology to make real estate transactions easier for buyers, sellers, agents and developers, said Allied Title & Escrow CEO Latane Meade.
  • Were thrilled to announce this partnership with Allied Title & Escrow, said Rick Altizer, Earnnest CEO.

Cherry Hill Mortgage Investment Corporation Announces Third Quarter 2019 Results

Tuesday, November 12, 2019 - 9:15pm

MSR amortization for periods that ended prior to September 30, 2019 have not been adjusted to reflect the Companys refined MSR amortization method.

Key Points: 
  • MSR amortization for periods that ended prior to September 30, 2019 have not been adjusted to reflect the Companys refined MSR amortization method.
  • Additional information regarding Cherry Hills financial condition and results of operations can be found in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 filed with the Securities and Exchange Commission on November 12, 2019.
  • In addition, an investor presentation with supplemental information regarding Cherry Hill, its business and its financial condition as of September 30, 2019 and its results of operations for the third quarter of 2019 has been posted to the Investor Relations section of Cherry Hills website, www.chmireit.com .
  • Cherry Hill Mortgage Investment Corporation is a real estate finance company that acquires, invests in and manages residential mortgage assets in the United States.

Spatial Announces the General Availability of Release 2020 1.0

Tuesday, November 12, 2019 - 6:34pm

View the full release here: https://www.businesswire.com/news/home/20191112005954/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20191112005954/en/
    3D InterOp Performance Enhancements for 2020 1.0 (Graphic: Business Wire)
    This release of the powerful 3D Core Modeler adds more tools to further automate manufacturing processes, enabling application developers to deliver cutting-edge manufacturing solutions.
  • To enable simulation-driven modeling and design optimization, this release of CGM Core Modeler includes support for smooth BRep geometry morphing.
  • Built using the smooth displacement adjustment (SDA) method, this operator allows geometry morphing given an input displacement vector field.
  • The ACIS 2020 1.0 release includes performance enhancements to the api_ray_fire API, resulting in tremendous performance gains.

EVI Industries Sets Records for First Quarter of Fiscal 2020

Tuesday, November 12, 2019 - 9:06pm

EVI Industries, Inc. (NYSE American: EVI) announced today record results for the three months ended September 30, 2019, including records in revenue, gross profit, gross margin, and adjusted EBITDA.

Key Points: 
  • EVI Industries, Inc. (NYSE American: EVI) announced today record results for the three months ended September 30, 2019, including records in revenue, gross profit, gross margin, and adjusted EBITDA.
  • For the three months ended September 30, 2019, revenues increased 28% from $43 million to a record $56 million.
  • Henry M. Nahmad, Chairman and CEO commented: We are pleased to report a strong start to fiscal 2020 and continued momentum following a record growth year in fiscal 2019.
  • EVI Industries, Inc., through its wholly owned subsidiaries, is a value-added distributor, and a provider of advisory and technical services.