Bally’s to acquire Tropicana Las Vegas

first_img Land-based gaming operator Bally’s Corporation has announced its acquisition of the Tropicana Las Vegas casino from real estate investment trust Gaming and Leisure Properties Inc (GLPI), giving the operator its first Las Vegas Strip property. Uncategorized Bally’s to acquire Tropicana Las Vegas In addition, the operator enter a sale-and-leaseback transaction to Bally’s properties in Black Hawk, Colorado and Rock Island, Illinois for $150m, payable by GLPI. Topics: Uncategorized Bally’s will pay $150m for the Tropicana’s non-land assets. It will then lease the underlying land of the Tropicana property for 50 years at an annual price of $10.5m. Email Address Read the full tory on iGB North America. 13th April 2021 | By Marese O’Hagan Image: Supercarwaar. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Gamesys Group Gamesys Bally’slast_img read more

Rugby World Cup Daily – Quarter Finals confirmed

first_imgSunday Oct 2, 2011 Rugby World Cup Daily – Quarter Finals confirmed That’s it, all the pool games of the Rugby World Cup are over, and we now know who will play in the next round, the Quarter Finals. It’s an all north affair on one side, and a preview to next years Four Nations on the other. Elsewhere, New Zealand is in shock at the loss of Dan Carter. As speculated yesterday, Carter is now officially out of the World Cup. He suffered a groin tear during training ahead of the New Zealand match against Canada, and will take no further part in the tournament. Colin Slade will step up into the key role, with Piri Weepu and young Aaron Cruden providing cover.Some may say that the big game experience of Nick Evans or Luke McAlister may have been a safer bet than Cruden, but both are off the radar and getting on with life in England and France respectively.Carter is arguably the most complete flyhalf of a generation and while Slade is wonderfully talented and will slot into the system well, without Carter’s experience and composure, the All Blacks look just a little more beatable now. They had no trouble with Canada though, winning 79-15, and will face Argentina in the quarter finals on Sunday.Argentina themselves got through unscathed against Georgia with a 25-7 win in Palmerston North.Wales beat Fiji 66-0 in a rout, with young winger George North showing his class, and Jamie Roberts scoring twice. They head into their quarter final with Ireland next weekend in good spirits.Italy had hoped for a win to shake things up, but Ireland were too strong as they came away with a convincing 36-6 victory. Ireland top their group and will look forward to the meeting with Wales.The Quarter finals layout is as follows:Saturday 8th October Ireland vs Wales – WellingtonEngland vs France – AucklandSunday 9th October South Africa vs Australia – WellingtonNew Zealand vs Argentina – AucklandOfficial highlights of today’s matches can be found on the RWC websiteADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Rugby World Cup Related Articles 25 WEEKS AGO If you can get your head around it, these… 47 WEEKS AGO You’ve never seen any Rugby World Cup drop… 49 WEEKS AGO TOP 10: Rugby World Cup 2015 was filled with… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedDoctors Stunned: This Removes Wrinkles Like Crazy! (Try Tonight)Smart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHere’s the Purpose of These Little Bumps in the F and J Keys on Your KeyboardNueey10 Types of Women You Should Never MarryNueeyShe Was the Most Beautiful Girl in the World. What She Looks Like Now is InsaneNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

LJ30 House / CDM Casas de México

first_imgArchitects: CDM Casas de México Area Area of this architecture project ArchDaily 2017 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/902620/lj30-house-cdm-casas-de-mexico Clipboard Photographer:  Lorena Darquea Manufacturers Brands with products used in this architecture project Year:  Save this picture!© Lorena Darquea+ 31Curated by Danae Santibañez Share Projects CopyAbout this officeCDM Casas de MéxicoOfficeFollowProductsWoodConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesInterior DesignResidential InteriorsHouse InteriorsZapopanMexicoPublished on September 26, 2018Cite: “LJ30 House / CDM Casas de México” [casa LJ30 / CDM Casas de México] 26 Sep 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogLouvers / ShuttersTechnowoodSunshade SystemsGlassMitrexSolar GreenhouseMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialCoffee tablesFlexformCoffee Table – GipsyCurtain WallsIsland Exterior FabricatorsPace Gallery Envelope SystemWoodSculptformTimber Battens in Double Bay HouseStonesCosentinoSilestone and Dekton in Villa OmniaBricksNelissenInner Wall Bricks – LückingPanels / Prefabricated AssembliesULMA Architectural SolutionsAir Facade PanelsWoodBlumer LehmannData Processing for Wood ProjectsEducational ApplicationsFastmount®Hidden Panel Fastener at Massey UniversitySealants / ProtectorsTOPCRETMicro-Coating – Baxab®More products »Save想阅读文章的中文版本吗?LJ30 住宅 / CDM Casas de México是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” LJ30 House / CDM Casas de MéxicoSave this projectSaveLJ30 House / CDM Casas de Méxicocenter_img Mexico Houses CopyHouses, Houses Interiors•Zapopan, Mexico Area:  1788 m² Year Completion year of this architecture project Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/902620/lj30-house-cdm-casas-de-mexico Clipboard Manufacturers: Flos, iGuzzini, Dessie, Grupo Tenerife, Stanza, VoluntaPlumbing Installations:IPLAIllumination:ArtenluzElectrical Calculation:GRBAutomation:AVSCarpentry:Creativos en CarpinteríaWindow Shop:Ventalum y Alejandro RojoHarmonization:Ana MejíaKitchen:PIACEREInterior Design:MUMOLandscaping:CDM Casas de MéxicoArchitects In Charge:Javier Dueñas, Jaime de ObesoArchitecture And Construction Team:Delfino Lozano, Daniel Villalba, Gabriela González, Gustavo Martin, Adriana Alarcón,Gabriela Serrano, Ernesto Godínez, Rodrigo CarreónCity:ZapopanCountry:MexicoMore SpecsLess SpecsSave this picture!© Lorena DarqueaRecommended ProductsWindowspanoramah!®ah!38 – FlexibilityWoodEGGERLaminatesDoorsSaliceSliding Door System – Slider S20Renders / 3D AnimationEnscape3D Real-Time Rendering SoftwareAbout the concept and the design resourcesIdentity is frequently defined by who we are, where do we come from and where do we go; these three vital moments characterize individuality and, supported by design, are translated into atmospheres allowing the user to imprint that identity in every space.Save this picture!© Lorena DarqueaFor this house, two rather remote design principles were specified: the sensations obtained from the spatiality of haciendas, and the energetic fundamentals present in oriental ideologies. This will be the premise to establish the house personality that searches inherently for harmony and familiarity. On one side, the house was conceived with the purpose of rescuing the modus vivendi of haciendas that served as inspiration for the search of a bucolic character that merges with the actual design, avoiding historicisms.Save this picture!© Lorena DarqueaSave this picture!Ground floor planSave this picture!© Lorena DarqueaThe users, antique collectors, wanted to transmit the passion for the antique with an architecture that allowed key pieces to be the protagonists in the space, mixing contemporary furniture to elude the impression of living in a gallery.Save this picture!© Lorena DarqueaOn the other side, it was necessary that the energetic balance obtained through harmonization disciplines like feng shui, was present in every aspect of the design. For this, special attention was paid to dimensions, materials, site and proportions.Save this picture!© Lorena DarqueaThe juxtapositions of these conditions is what generated the challenge of creating a house that transmits a cozy and contemporary sensation, whose goal is to be enjoyed and lived in a traditional mexican way: with friends and family.Save this picture!© Lorena DarqueaThe energy flow resulted fundamental. With the hacienda as primary concept, the distribution of the spaces followed a series of harmonic principles that determined not only the architectural floor plans but also the materiality of every space. The feng shui standards were included in diverse shapes such as a principal entry with an andalusian inspired fountain that connects with a patio where a Magnolia redirects the inhabitant into the staircase framed by a metallic rail, or into the living room delimited by a wood cube that reveals a bar once opened. To the back, a fire pit completes the circle of elements: water, soil, metal, wood and fire.Save this picture!© Lorena DarqueaSave this picture!Upper floor planSave this picture!© Lorena DarqueaAround this circle, the social areas interconnect each other in the same way hacienda rooms do. The relation with the exterior became remarkably important being the house able to enjoy the imposing views that surround it and the interior patio through very subtle transitions. This, combined with considerable heights, large windows and symmetry, provide the house with a certain dynamism that strengthens the reinterpretation of the hacienda.Save this picture!© Lorena DarqueaSave this picture!SectionSave this picture!© Lorena DarqueaLastly, familiarity and singularity were obtained by placing antiques along with a contemporary design to conceived sophisticated atmospheres that maintain the personality the clients wanted to reflect in the house they would share with friends and family, creating a kaleidoscope of experiences.Save this picture!© Lorena DarqueaProject gallerySee allShow lessTEN Arquitectos’ Research Building Celebrates NASA’s 60th AnniversaryArchitecture NewsCracked Beam Forces Closure of Pelli Clarke Pelli’s Salesforce Transit CenterArchitecture News Share LJ30 House / CDM Casas de México “COPY”last_img read more

Cristinacce Apartments / Orma Architettura

first_img Photographs Projects Apartments ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/961482/cristinacce-apartments-orma-architettura Clipboard France CopyAbout this officeOrma ArchitetturaOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsOn FacebookCristinacceFrancePublished on May 12, 2021Cite: “Cristinacce Apartments / Orma Architettura” 12 May 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save想阅读文章的中文版本吗?科西嘉岛村庄公寓Cristinacce / Orma Architettura是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Cristinacce Apartments / Orma Architettura Photographs:  Julien KerdraonSave this picture!© Julien KerdraonRecommended ProductsWoodStructureCraftEngineering – Architectural & FreeformMetallicsStudcoWall Stop Ends – EzyCapWindowsFAKRORoof Windows – FPP-V preSelect MAXWoodParklex International S.L.Wood cladding – FacadeText description provided by the architects. The project at hand is the rebuilding and reorganisation of a ruin in the small village of Cristinacce, Corsica, to create three city-owned apartments. The project follows three axes:Save this picture!© Julien KerdraonFirstly, there is a social aspect to it as not only it is city-owned, but the typologies are different to respond to the diversity of situations within Corsican villages.  Secondly, you find an environmental angle as it is a now pressing matter for the whole island. This building is dimmed “low-carbon”, which makes it the first of its kind in Corsica.  Finally, the architectural aspect of the project, of course, lies in the form of a contemporary construction that fits the needs of modern life but in the midst of old, traditional fabric, ever-present in our small villages. Save this picture!© Julien KerdraonThere is an act of resistance to the approach of building three social dwellings in a small village as it aims also at fighting against the depopulation inland. Offering high-quality dwellings for lower a population with a lower income is even greater.Save this picture!Ground floor planSave this picture!First floor planThe project is characterised by a structure and a surface mainly wooden-made, thus really setting the building in our times. There was also the purpose of further integrating the modern volumes and shape, considering the material unity and sobriety of the façades. Furthermore, the architecture of the building allows us to create wide openings, necessary to meet the environmental standards as well as framing the views on the mountains afar. Save this picture!© Julien KerdraonAdvocating the merits of a wood channel, industry, in Corsica could no longer be necessary as it is a material that you don’t only find in abundance across the island, but it also is a wood of the highest quality. Nevertheless, we still wanted to champion the local craftsmanship and point out the fact that despite wood being in plenty, difficulties in building with such a simple material can still arise because of the lack of drying units in Corsica. Indeed, the majority of the wood being used has to be dried and transformed, either on the mainland or in Italy. Save this picture!© Julien KerdraonThe project is looking into providing immediate answers to the issues at hand. In order to do this, the building methods we have looked into had to be precise and to integrate the fact that the wood we would use would not reach the required 13% humidity rate, as is normally the case in all traditional wooden structures. Doing so, we avoided shipping the wood on the mainland, lowering the carbon footprint of the project at the same time. Save this picture!© Julien KerdraonHence, in being very demanding with regard to the whole process, we wanted to ensure that the project would be exemplary in all aspects. This project is socially and environmentally sound, promoting endemic resources (the wood used in Laricio pine tree) and participate to repopulate the inland parts of Corsica. Save this picture!© Julien KerdraonProject gallerySee allShow lessThe Japanese Pavilion at the 2021 Venice Biennale Addresses Mass Consumption and Reu…Architecture NewsBoarding School at the Bella Vista Agronomy Campus in Bolivia / CODESelected ProjectsProject locationAddress:20126 Cristinacce, FranceLocation to be used only as a reference. It could indicate city/country but not exact address. Share Year:  Architects: Orma Architettura Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/961482/cristinacce-apartments-orma-architettura Clipboard “COPY” Area:  280 m² Year Completion year of this architecture project 2017 Save this picture!© Julien Kerdraon+ 15Curated by Paula Pintos Share “COPY” CopyApartments•Cristinacce, France Cristinacce Apartments / Orma ArchitetturaSave this projectSaveCristinacce Apartments / Orma Architettura ArchDailylast_img read more

Charity Commission accepts registrations online

first_img  114 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Charity Commission Digital Law / policy Advertisement Howard Lake | 27 February 2008 | News  113 total views,  1 views today The Charity Commission is now accepting online registrations for new charities and, as a result, is aiming to reduce the registration time to just five working days by the end of this year.Initially the new service is available only to organisations applying with an approved (or ‘standard’) governing document. This contains the charity’s objectives and all the relevant powers to operate the charity.Qualifying organisations can submit their charity application form electronically and their governing document at the same time if they wish. They can save and return to their form, giving them the option to complete it over a period of time. Once submitted, the application will be considered for registration in the usual way.Registration times for new charities have more than halved in the last four years, from from an average of 69 days to 32 days. For charities using an approved governing document the average registration time is even faster, and at the end of December 2007 this stood at 15 days. With the new system, the Commission is aiming for an average registration time of five working days or less by the end of 2008 for those organisations applying online.If charities choose not to submit their governing document electronically they can send this in on paper, together with their trustee declaration form. Similarly, the registration application form itself will still be available in paper format for those unable to access the Internet, or who do not wish to use an electronic form.The Commission continues to receive a large number of applications for charitable status. From 1 April 2006 to 31 March 2007, it received 7,259 applications to register.www.charitycommission.gov.uk AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Charity Commission accepts registrations onlinelast_img read more

London Marathon 2017 raised a record £61.5m for charity

first_img Tagged with: Guinness World Record London marathon Research / statistics Virgin Money Giving Howard Lake | 13 September 2017 | News Not surprisingly Event Director Hugh Brasher described the 2017 Virgin Money London Marathon as “the greatest in the history of the event”.He said: “Every year, the Virgin Money London Marathon inspires thousands of runners to take on the challenge of running the famous 26.2 miles and to raise these incredible sums for charity. We salute every runner who has contributed to this amazing world record total of £61.5 million, a staggering sum from a one day event.”This year’s event had a strong mental health theme due to the promotional work of Heads Together, the Marathon’s Charity of the Year.2018 London MarathonThe 2018 Virgin Money London Marathon takes place on Sunday 22 April. It has already set a world record after 386,050 people applied for a place via the public ballot, the most applications for any marathon in the world. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  191 total views,  3 views today 39 Guinness World records were set – which is itself a record!Mary Keitany set two world best marks as she won her third London Marathon titleDavid Weir won a record seventh wheelchair titleMaunela Schär set a new course record in the women’s wheelchair racea record 39,487 people completed the coursecenter_img London Marathon 2017 raised a record £61.5m for charity The 2017 Virgin Money London Marathon has raised the largest amount for an annual single day charity fundraising event, raising £61.6 million for a range of charities. This is the eleventh successive year in which it has set this world record.The 2017 figure, the first time the event has passed the £60m barrier, represented an increase of more than £2m on the previous record total of £59.4m raised at the 2016 event.The total sum raised by the London Marathon since it was founded in 1981 is now more than £890 million.In addition, since 1981, the London Marathon Charitable Trust has awarded grants of more than £66.5 million to more than 1,200 projects in London, Surrey and other areas where London Marathon Events Ltd has organised events.Virgin Money GivingVirgin Money Giving is the not-for-profit fundraising partner of the London Marathon. This year, despite some problems experienced by would-be donors accessing the site just before and during the event, the platform handled more than £25m, including Gift Aid. In 2015 it handled £22m, and in 2016 handled £23m.  Virgin Money Giving site at 1.02pm on Sunday 23 April 2017Virgin Money Giving will remain the event’s fundraising partner until 2020.Race recordsThe 2017 Virgin Money London Marathon boasted a number of records: Advertisement  192 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis8 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis8last_img read more

Review of UK fundraising landscape to launch in April

first_img Melanie May | 8 March 2021 | News The THINK Market Trends and Insights Monitor is launching in April 2021.The Monitor, from THINK Consulting Solutions, is designed to provide a comprehensive review of the UK fundraising landscape, including information about key fundraising market trends, statistics and horizon scanning across six core income streams over 12 months, as well as networking opportunities and access to a digital library. It is aimed at all fundraising practitioners – both senior and those new to the sector.The Monitor includes:A 200+ page annual report, available from April 2021Bimonthly issues of THINK Fundraising Focus, looking into fundraising streams and themesSix ‘Insight Live’ virtual sessions hosted by the THINK team for sharing and discussing latest developmentsDigital resource library accessAs well as providing an overview of the UK fundraising market as a whole, the Monitor will provide insights into six core income streams: Individual Giving, Legacies, Philanthropy, Corporate, Community & Events, and Trading.Michelle Chambers, THINK’s Managing Director, said:“Market trends and future insights is something that THINK has been asked to provide repeatedly over the years. Our new Monitor will deliver up to the minute analysis of what’s new and what is coming down the tracks, with an opportunity for ongoing debate at our “Insight Live” sessions. We believe this brings to the sector a fresh and unique way to digest this crucial information.” Advertisement Further information is available by contacting THINK’s Research Manager Arani Mylvaganam on [email protected] or by visiting the website. Review of UK fundraising landscape to launch in April AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  274 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

Rafet Al-Rifa’i and Moussa Al-Khatib arrested

first_img Organisation News Rafet Al-Rifa’i and Moussa Al-Khatib, two journalists who work for the Shou Al-Akhbar website, were arrested in Aleppo. Khatib was released on 20 May. Rifa’i was released on 2 June. May 14, 2011 – Updated on January 20, 2016 Rafet Al-Rifa’i and Moussa Al-Khatib arrested center_img RSF_en Help by sharing this informationlast_img

Housing-Starts Increase ‘May Soon Pause’

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Smaller-Scale Property Investors Feel Mounting Fiscal Pressure Next: The Importance of Communicating With Struggling Borrowers Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Christina Hughes Babb Servicers Navigate the Post-Pandemic World 2 days ago Share Save Housing-Starts Increase ‘May Soon Pause’  Print This Post Demand Propels Home Prices Upward 2 days ago 2020-11-18 Christina Hughes Babb Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Housing-Starts Increase ‘May Soon Pause’ The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago The U.S. Census Bureau released its construction statistics for October—which shows permits, starts, and completions—recorded a 4.9% increase in housing starts in October compared to September.Fannie Mae’s Chief Economist Doug Duncan points out that the increase was driven by single-family housing starts, which rose 6.4%, the sixth consecutive monthly increase. At 1.18 million annualized units, this was the fastest construction pace since April 2007.”While the comparative strength of single-family starts was expected,” Duncan said, “the gain was somewhat larger than anticipated and will likely result in a modest upgrade to our near-term housing starts forecast.”George Ratiu, Senior Economist at Realtor.com added that the census data “mirror rising builder optimism.”Ratiu says homebuilders are “walking a tightrope between increasing costs of labor, materials, and land, and eager buyers seeking larger homes in suburban neighborhoods.””While they are well-positioned to meet the needs of buyers in these neighborhoods,” he said, “the volume of new construction still lags the number of buyers. This has led to steeply rising new home prices that are beginning to overshadow the benefit of low interest rates. Real estate markets need a massive new inventory boost to restore balance and make homes more affordable.”First American Deputy Chief Economist Odeta Kushi weighed in on the report, echoing the idea that while new construction is happening the struggle to keep up remains.”Despite record-low inventory of existing homes for sale, construction activity has lagged. The construction industry faces several supply-side headwinds: increasing material costs (specifically rising lumber costs), a chronic lack of construction workers, a dearth of buildable lots, and restrictive regulatory requirements in many markets,” Kushi said. “There are signs that this situation may improve in the months to come. In October, single-family housing starts increased to a post-Great Recession high, increasing 29% from October 2019 as builders overcame … and broke ground on more homes. Single-family housing permits, a leading indicator of future starts, also increased by nearly 21% relative to one year ago.”Duncan says prior data indicate a closing of the gap may have started in September when new sales pulled back a bit but construction accelerated.”We expect a strong construction pace relative to sales to continue for the time being. However, the brisk acceleration in starts experienced over the past few months may soon pause. Both single-family housing permits and the number of homes authorized-but-not-yet-started were essentially flat over the month, which we believe suggests that the rapid phase of recovery may soon be ending and that further gains will likely be more modest going forward.”Kushi added that the rise in single-family permits in conjunction with the rise in construction employment in October “signals an upward trajectory for housing starts looking ahead. This reinforces reports that builder confidence increased to a record 35-year high in November, even in the face of cost challenges.”For the brokerage sector, Austin Niemiec, Executive Vice President of Rocket Pro TPO, offers the following insight on the report:”With home builders maintaining an incredible pace not seen in years, even well into the fall, brokers should view this as a clear sign they will continue assisting purchase clients throughout the rest of the year. With all products witnessing red hot demand, it is critical brokers have a strong focus on reinvesting in their business to ensure great success in the future regardless of what the market brings.” Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Market Studies, News Subscribe Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Sign up for DS News Daily November 18, 2020 845 Views last_img read more

Courts This Week- A Weekly Round Of Important Legal Developments In The Country [Episode-58]

first_imgTop StoriesCourts This Week- A Weekly Round Of Important Legal Developments In The Country [Episode-58] Taniya Pandey28 March 2021 11:50 PMShare This – x…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginNext Storylast_img