Lennar makes giant bet on single-family rentals

first_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* Share via Shortlink homebuildersHousing MarketlennarrentalsSingle Family Rentals Lennar CEO Rick Beckwitt and a selection of the company’s homes (Lennar)One of the country’s largest homebuilders is making a giant bet on the single-family rental market.Lennar is launching a $4 billion platform that will buy single-family homes and townhomes to turn into rentals. Called Upward America Venture, it will target “high-growth markets,” the company announced.Miami-based Lennar said the venture will initially be capitalized with a $1.25 billion equity commitment led by Centerbridge Partners and Allianz Real Estate.CEO Rick Beckwitt said a portion of the properties will have a rent-to-own option, which gives tenants the opportunity to buy without having to fork over a substantial down payment.The pandemic has led to surge in interest in single-family home rentals. Some city dwellers, unable to buy but searching for more space than an apartment can offer, have moved into rental homes in the suburbs.Large investors and developers have also seized on the moment.Over the last year, more than 50,000 rental homes were built, roughly two-thirds more than the average over the past four decades.California State Teachers’ Retirement System and Pacific Coast Capital Partners recently formed a $1 billion joint venture to invest in the build-to-rent sector. And earlier this month, Quinn Residences said it would build thousands of rental homes in the Southeast after securing a $500 million commitment from an unnamed sovereign wealth fund.Contact Keith Larsencenter_img Full Name* Tags Message*last_img read more

Member rewards and the modern consumer

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In today’s ultra-competitive credit/debit landscape, the benefits offered can make a substantial difference in a consumer’s mind. Like many other aspects involved in the buying experience, rewards programs are quickly evolving to meet escalating consumer expectations.This past week, we had the opportunity to talk with Andrew Gates, Loyalty Consultant with CO-OP, about how CO-OP Member Rewards is staying a step ahead of the competition to offer members a uniquely gratifying experience. Here are his valuable insights from our discussion.Q. How does Member Rewards differ from a typical credit/debit loyalty program?A. We are making it easier than ever for members to earn points, without adding cost for the credit union. Where CO-OP makes a big effort is primarily in the merchant-funded space. It is safe to say that we have the most robust merchant-funded rewards program in the industry. In terms of national online products, CO-OP is leading the way with the soon to be released browser plugin, which allows a member to get their rewards from the merchant they are buying from without going through a third party or a rewards website. It makes things more convenient for the member because the logo of the program shows up everywhere they can earn bonus points, including search results in Google, Bing and Yahoo searches. continue reading »last_img read more

NBA stars David West, TJ Warren arrive in Ghana for basketball clinic

first_imgGolden State Warriors player David West has arrived in the country for an innovative basketball clinic to be held on Tuesday at the University of Ghana basketball courts.West who will headline the event travelled with close pal TJ Warren who plays for Phoenix Suns.The two interacted with the media on their arrival and noted their excitement ahead of the event on Tuesday.“This is a very personal project for me. I am committed to doing what I can to activate and support the young people in Africa,” West stated. He also added “athletics is the conduit, but it goes much deeper than that. I want to work with the communities, with leaders to bring broader solutions addressing healthcare, education, entrepreneurship and technology innovation.” The clinic will bring together talented players from multiple regions of Ghana for a day of instruction and personal interaction with the NBA players. The Clinic will be for enthusiasts of the game between the ages of 10 and 18.Africa All Access arose from the collaboration of David West and his partners at The African Union, a US Mission in Washington D.C., Zoetic Energy and New Generation Power International.This group is focused on expanding the program’s mission throughout Africa.last_img read more

Warriors can’t hold on to early lead, fall to Celtics 105-100

first_imgSAN FRANCISCO — In a season defined by moral victories, the Warriors may have gotten another one in Saturday’s 105-100 loss to the Boston Celtics. However, they may have also suffered another team-altering injury.Guard D’Angelo Russell left the game with a sprained right thumb midway through the third quarter. Initial x-rays were negative, but he will undergo an MRI Saturday. His status for the team’s upcoming four-game trip is yet to be determined.The Warriors (2-11) entered the game …last_img

How the Animals Learned to Count

first_imgAny evolutionary article that begins with “How…” should be checked for Kipling-style just-so storytelling.  Characteristics to watch for include (1) fanciful speculation without evidence: i.e., “made-up” tales that provide an answer to a childish question without appeal to rigorous proof, and (2) statements made with dogmatic authority, like a parent would explain to a child why something is “just so” because he or she says so.  An article in New Scientist provides one opportunity: “How Numeracy Evolved.”  The article is about basic numerical faculties present in lower animals that might provide clues for how humans gained their expertise at mathematics.    The article discusses experiments with monkeys, salamanders, mosquitofish, bees, chicks and horses.  It appears that these animals have a rudimentary ability to do arithmetic: to add and subtract numbers, and even perceive ratios, up to a certain level.  Here’s how the concept of evolution was employed to account for the counting:…the skills of this growing mathematical menagerie resemble our own innate abilities.  Could basic mathematics have evolved hundreds of millions of years ago?This ancient cognitive capacity even seems to dictate the way we humans understand written numbers.Together, the results suggest that the two abilities – to precisely identify small numbers and to estimate the relative size of large numbers – have deep roots in our evolutionary history. “There’s a good chance that this thing goes way back,” says Marc Hauser, a psychologist at Harvard University, who has led many of the primate studies.This ability may date back to even more primitive organisms than fish.So it seems that even our most distant relatives have some concept of number, but these studies still don’t show whether animals learn to count through training, or whether they are born with the skills already intact.  If the latter is true, it would suggest there was a strong evolutionary advantage to a mathematical mind.  Proof that this may be the case has emerged from an experiment testing the mathematical ability of three and four-day-old chicks….This suggests that numeracy is an innate ability in many animals that does not require training.  Why these skills evolved is not hard to imagine, since it would help almost any animal forage for food, says Gallistel…Exactly how ancient these skills are is difficult to determine, however.  Just because bees, salamanders, fish and humans share similarities in their ability to detect number, it does not necessarily mean they all inherited the talent from a common ancestor.Just as bat and bird wings evolved separately yet work using the same fundamental principles, numerical representation may have developed in many separate instances.  Brannon agrees: “We clearly must be talking about convergent evolution or something that is so primal that it traces back to millions and millions of years ago.”Unlike bony wings, number-crunching brains leave little trace in the fossil record.  Only by studying the numerical abilities of more and more creatures using standardised procedures can we hope to understand the basic preconditions for the evolution of number.Results: empirical experiments about numerical abilities in animals were cited, but they were all interpreted with respect to unobservables – millions of years, and presumed selective advantages of evolution, without any explanation of how mutations and natural selection would have produced these abilities.Those last two quotes clinch it, don’t they?  We were just fed a just-so story, with Darwin uttering the magic word, Evolution. Evolution produces counting minds out of chemicals.  Like a force that pervades the universe, Evolution brings forth the seemingly impossible.  Take any ability, any function, any wonder of nature observable today, and a backward glance will show the hand of Evolution was at work.  And when ordinary Evolution seems insufficient to bring about the Emergence of whatever needs to be explained, the magic words must be uttered multiple times till it clicks into place: Convergent Evolution.    Evolution serves the same purpose the Greek gods did in ancient cultures.  They are convenient placeholders beyond the pale for pagan parents to use in telling their pagan children how things came to be.  Since the gods of Evolution inhabit the Mt. Olympus of Imagination, storytellers are free to invent dramatic tales about them, make them seem human yet divine, and yet keep them mysterious enough to keep the populace in a state of numinous awe so they stay complacent and don’t revolt.  The thought police prowl about rounding up and silencing heretics to ensure that only the official story is heard.    Ironic, isn’t it, that today’s priests of the evolutionary pantheon fancy themselves as the debunkers of the supernatural and the defenders of rationality.  Try your hand at their game.  Make up a story about How the Darwinist Got Its Imagination.  Throw in a few millions of years so that it sounds authentic.(Visited 18 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Unique crafts at Zasekhaya

first_img17 March 2008Unique South African crafts are on sale at the monthly Zasekhaya Market in Newtown, Johannesburg. And we’re not talking carved hippos and giraffes – Zasekhaya items are one-of-a-kind, from funky fashion to mosaic mirrors and handmade paper.Zasekhaya is a non-profit organisation that focuses on training people who are unemployed to sell their handmade crafts. The main objective of the market is to provide a platform for local, talented students and crafters to showcase and sell their work. It is also an opportunity for new artists to network.According to Zasekhaya Market’s website, the market “was born out of a realisation that creative skills training alone is not enough to make a difference in the lives of the disadvantaged youth and other South Africans attempting to make a living from the artistic sector.“The market offers space for mentoring, product development, business experience, interaction with fellow crafters/artists and interaction with consumers.”Zasekhaya specialises in a variety of South African craft products, ranging from visual arts, photography and prints to crafts, fashion, decor and designer ware. And the market is truly South African – only locally made products are sold.Among its stallholders are Abegail Mfokazi, who designs and makes handbags from recycled cans; Andy Krick from Imbali, who specialises in quilts; Steven Holt from the craft centre at the Trevor Huddleston Memorial Centre in Sophiatown; and Susan Haycock from Intuthuko Embroiderers.According to the organisers, the market has grown substantially since it was started in 2004. Eunice Mothetho-rooi, the operations manager, says it is attracting increasing numbers of international and local tourists.A children’s entertainment section – featuring creative workshops, jumping castles and jugglers – caters for those parents who need somewhere safe and fun to leave their kids while they do their browsing and shopping in peace. There is also a coffee shop and several food stalls selling a variety of tasty items. Music and entertainers add to the atmosphere.Zasekhaya Market takes place from 10am to 4pm on the last Saturday of every month at the Bus Factory in President Street, Newtown. Secure parking is available at the front and back of the Bus Factory.For more information, and to inquire about renting stalls, phone Eunice Mothetho-rooi on 011 833 3329.Source: City of Johannesburglast_img read more

The Fastest 15 Minutes in Geocaching: WWFM

first_img SharePrint RelatedFastest 15 Minutes in Geocaching – WWFM XApril 15, 2013In “Community”2012 World Wide Flash Mob ApproachingMay 22, 2012In “Movie References”Geocaching.com Presents: World Wide Flash MobMay 31, 2012In “Movie References” World Wide Flash Mob – The Spice of Geocaching LifeIt’s your time to bask in the geocaching limelight, with fellow geocachers from around the world, for 15 fast minutes. Join one of hundreds of Geocaching World Wide Flash Mob events on June 7, 2014. The WWFM events are Geocaching Event Caches on fast-forward. They’re 15 minutes of fun and excitement, packed with “typical” geocaching event activities like group photos, event meals, prize giveaways and trading trackables.Hurry up, time is running out to host a WWFM of your own. Events must be published two weeks prior to the event date and your local geocaching community volunteer reviewer will need time to review and publish your event. All those logging an “Attended” for a WWFM event receive a commemorative digital souvenir for their geocaching profile.Last year, more than 25,000 geocachers attended one of more than 550 geocaching flash mob events in 42 countries spanning the globe. Discover information on attending the eleventh WWFM event this year on the official WWFM website.From a small beginning in 2007, the WWFM has grown astronomically, spreading around the world to include more geocachers and more events every year. The WWFM events are 15 minutes of fun and excitement, packed with “typical” geocaching event activities like group photos, event meals (usually Hershey’s kisses), prize giveaways and trackable trading.Check out the pictures below for a look at what you could experience at a WWFM near you! A WWFM X in the United StatesA WWFM X in the Czech RepublicA WWFM X in GermanyA WWFM X in FranceA WWFM X in DenmarkShare with your Friends:Morelast_img read more

World Cup 2019: India players to leave for Mumbai on July 14

first_imgThe Indian cricket team, which lost in the semifinals of the ongoing World Cup, will head home on Sunday. The side went down by 18 runs to New Zealand in its last-four stage clash, which lasted two days owing to inclement weather in Manchester.”All players have dispersed. They will assemble in London tomorrow. On 14th everyone is returning together from London. They will arrive in Mumbai,” a BCCI source told PTI.The World Cup final is scheduled to be held on the same day between hosts England and New Zealand. England knocked out defending champions Australia on Thursday.Earlier, there was speculation that some Indian players will take a break after a gruelling seven weeks on the road during the World Cup.All eyes will be on Mahendra Singh Dhoni, who is expected to lay out his future plans upon return amid speculation that he might retire from international cricket.It is learnt that the 38-year-old will leave for his hometown Ranchi after arriving in Mumbai.The wicketkeeper-batsman had an average World Cup, scoring a 50 in the semifinal loss, which is being considered his last outing in national colours.The former captain, who led India to two world titles (the 2007 World T20 and the 2011 ODI World Cup), has been facing severe criticism for his waning finishing skills with the bat.Skipper Virat Kohli has, however, refrained from making any statement on the senior player’s future.”He hasn’t told us anything,” was Kohli’s response to a query on Dhoni’s future after the loss to New Zealand.advertisementAlso Read | We needed his experience later: Ravi Shastri defends decision to send MS Dhoni at No. 7 vs New ZealandAlso Read | Failed to deliver as a team when it mattered: Rohit Sharma on World Cup semi-final defeatAlso See:last_img read more

10 months agoRoma chief Monchi on Boston summit: We’re not there to talk American food

first_imgRoma chief Monchi on Boston summit: We’re not there to talk American foodby Carlos Volcano10 months agoSend to a friendShare the loveAS Roma chief Monchi denies coach Eusebio di Francesco’s future is up for discussion.Di Francesco oversaw victory against Genoa on Sunday amid talk he’d be sacked if they lost.Monchi is travelling to Boston this week for talks with president James Pallotta and stated: “I go to Boston every month because there are matters to discuss, we have so many things to talk about.”An analysis will be done, we always do it, it’s normal that he wants to know the situation, we do not go to Boston to talk about American food. We will talk about football.” TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img read more

a month agoMan City boss Guardiola: Our attack was ruthless

first_imgAbout the authorPaul VegasShare the loveHave your say Man City boss Guardiola: Our attack was ruthlessby Paul Vegasa month agoSend to a friendShare the loveManchester City boss Pep Guardiola praised his players after their record-smashing 8-0 triumph over Watford.The Premier League Champions headed into half-time with a 5-0 lead, sensationally established in the opening 18 minutes of the game, and continued where they left off to add three more after the restart.Guardiola expressed his delight that his team did not let up, adding that doing so would have been disrespectful to the Hornets.”The quality of players upfront made the difference,” he said. “We were ruthless in terms of five shots, five goals. Sometimes, we have 20 and cannot score.”After the Champions League – a huge trip and no time to prepare – it was a lovely day for us all. For the City fans, there was sunshine and a lot of goals.”One of the things I loved the most is the fact that at 5-0 at half-time, sometimes players think for themselves and play their own game. It was the complete opposite – we were more aggressive, and we changed the set-up a little bit. We were more aggressive, high pressing.”In the second half, we scored more goals and played well. That, I like a lot.” last_img read more