TDC in $3.7bn share buyback

first_img whatsapp Show Comments ▼ whatsapp THE private equity owners of Denmark’s TDC are banking up to $3.7bn (£2.3bn) through a share buyback and one of Europe’s biggest public offerings of 2010, as they start to cash in on their investment.Over a third of the former telecoms monopoly is being sold initially. TDC’s chief executive Henrik Poulsen said. Apax Partners, Blackstone Group, Kohlberg Kravis Roberts, Permira Advisers and Providence Equity Partners plan to sell further shares after an 180-day lock-up.“There is no doubt that this share sale is the first step to a full exit,” Poulsen said.The private equity houses yesterday priced the offering of 210m shares at 51 crowns per share, the middle of an earlier narrowed range of 50-52 crowns per share.The share sale is the latest example of private equity firms making the most of a relative resurgence in demand for equity offerings in Europe to cash in on investments they made several years ago, and follows a successful debut offering by Danish jeweller Pandora in October.While not a flotation, the offering effectively relaunches TDC on the Copenhagen bourse as its shares have been largely illiquid since the consortium bought an almost 90 per cent stake in 2005, in what was then the largest European leveraged buyout in history. Poulsen said TDC, which operates in a highly-competitive domestic market, planned to beef up its businesses in Sweden, Norway and Finland to “prove its worth”. KCS-content Share Thursday 9 December 2010 7:31 pm More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com TDC in $3.7bn share buyback Tags: NULLlast_img read more

Villa Vingt / Bourgeois / Lechasseur architects

first_img Photographs Structural Engineer: Houses “COPY” Vent du sud Villa Vingt / Bourgeois / Lechasseur architectsSave this projectSaveVilla Vingt / Bourgeois / Lechasseur architects Manufacturers: Miele, Shalwin, Soligo ambiente CopyHouses•Lac-Beauport, Canada 2017 Canada Save this picture!© Adrien Williams+ 20 Share CopyAbout this officeBourgeois / Lechasseur architectsOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesLac-BeauportCanadaPublished on December 21, 2017Cite: “Villa Vingt / Bourgeois / Lechasseur architects” 21 Dec 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesSynthetics / AsphaltMitrexSolar RoofMetal PanelsAurubisCopper Alloy: Nordic RoyalPlumbingSanifloGreywater Pump – Sanifast®SWH190WoodLunawoodInterior ThermowoodMembranesEffisusAVCL Systems for FacadesSinksCosentinoBathroom Collection – Silestone® WashbasinsDoorsStudcoPocket Door Trims – CavKitWoodStructureCraftEngineering – Architectural & FreeformMetal PanelsRHEINZINKPanel Surface Finish – prePATINA-LineHanging LampsEureka LightingSuspended Lights – BloomMetallicsBaileyFacade Systems- I-Line Snap-On Feature ChannelMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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 Year:  Villa Vingt / Bourgeois / Lechasseur architects ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/885815/villa-vingt-bourgeois-lechasseur-architects Clipboard General Contractor: Area:  361 m² Year Completion year of this architecture project Photographs:  Adrien Williams Manufacturers Brands with products used in this architecture project “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/885815/villa-vingt-bourgeois-lechasseur-architects Clipboard City:Lac-BeauportCountry:CanadaMore SpecsLess SpecsSave this picture!© Adrien WilliamsRecommended ProductsGlassSolarluxGlass Canopy – SDL AcubisWoodTechnowoodPergola SystemsWoodLunawoodThermowood FacadesGlassLAMILUXGlass Roof PR60 PassivhausText description provided by the architects. The Villa Vingt is anchored on a sloping site next to the ski resort Le Relais. The upper ground offers a magnificent view of the Laurentian hills and Lac-Beauport’s residential area. The project builds on the existing foundations of the client’s home in order to retain some acquired rights. The owners know the site’s qualities very well for having lived there many years. The project is inspired by the site and its accentuated relief. Level 1 acts as a base; it leans against the ground and opens up completely to the north. The upper floor seems to float above the concrete ground floor.Save this picture!© Adrien WilliamsThe living areas are cantilevered to create unique painting-like views. The maximized fenestration offers an unobstructed view of the mountain landscape. The roof overhangs stretch over the exterior decks. The access road below ensures the privacy of living spaces despite the generous fenestration. As we approach the house, we discover the richness of the white cedar ceiling covering the upper floor. This warm material expands beneath the roofs to emphasize the continuity between the interior and exterior. Volumes and materials unite to create a distinctive entrance. The sloped roof integrates the project into its built environment in a respectful way.Save this picture!© Adrien WilliamsSave this picture!Floor PlansSave this picture!© Adrien WilliamsThe geometry of the volume and the choice of window positions create surprising atmospheres that change according to interior functions. The dining room’s zenithal skylight offers an elegant view of the treetops and allows indirect light to play on the cedar laths. The central concrete wall gives the project verticality. Its rough finish shows the marks left by the formwork. The staircase next to it reveals its richness through the duality of the authentic materials surrounding it, namely concrete and steel. This home creates a strong presence in the panorama. The interaction between volumes and the main façade’s horizontality is reminiscent of some California villas.Save this picture!© Adrien WilliamsProject gallerySee allShow lessA “Christmas Tale of a Post-Quake Reconstruction”: Stefano Boeri Architetti’s Commun…VideosNCARB By The Numbers Report Reveals Positive Trends for Diversity in the Architectur…Articles Share Architects: Bourgeois / Lechasseur architects Area Area of this architecture project Projects DaVinci structureslast_img read more

NHS Charities Together Covid-19 appeal reaches £130 million

first_imgNHS Charities Together Covid-19 appeal reaches £130 million Tagged with: appeals NHS Melanie May | 3 July 2020 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 The NHS Charities Together Covid-19 appeal has now raised £130 million since launching in March.Over £30 million has been distributed to local NHS charities so far to support NHS staff, volunteers and their patients during the crisis.The funds have been used to meet the immediate and urgent needs of staff, volunteers and patients as well as helping tackle the longer term effects on health and wellbeing. This has included the provision of nutritious food and drink, comfortable places to take a break during long shifts, tablets so patients, staff and volunteers can stay in contact with friends and family, “wobble” rooms and specialised psychological support for staff.The appeal raised £100m in its first six weeks. Donations from individual fundraisers have included Captain Tom Moore’s £32m+, 18 month old Beatrice George who has been sponsored for more than £1,300 to do daily pebble hunts and 90-year-old Margaret Payne, who has raised £350,000 climbing her stairs at home during lockdown. Many businesses have donated too, with Aviva giving £5m in April, and XTX Markets £10m in March. Philanthropists have also supported the appeal, including Hans and Julia Rausing.Local NHS charities have now widened the scope of the support they are providing, to help partnerships outside hospitals, such as hospices, community healthcare and social care, making sure those support services and organisations have the resources they need to care for patients, volunteers and staff.They are also providing additional support where it is most urgently needed by NHS staff, volunteers and patients in their area, with a focus on support for people who are disproportionately affected by the Covid crisis, such as patients and staff from BAME communities and high-risk groups like those living with disabilities.In the longer term the money raised will also fund programmes to help staff and families recover fully once the crisis has passed, to help reduce the long-term impact.Ellie Orton, CEO of NHS Charities Together, commented:“When we started the appeal, we never imagined we would hit a total like this in just a few months. On behalf of all our member charities and the NHS staff, volunteers and patients they support, I want to say a huge thank you to everyone who has made that possible, your generosity is making such a difference.”Sir Simon Stevens, Chief Executive of NHS England, said: Advertisementcenter_img “On behalf of all the staff and patients who have benefitted, I’d like to thank everyone who has led or contributed to this massive fundraising effort, which is already making a difference across the country and will continue to do so for years to come.“This year has been the most challenging in NHS history and our colleagues have gone to extraordinary lengths to care for all those who have needed it, but we haven’t done it alone, and the public’s support has been vital – whether raising money for added extras, volunteering in their local community, or simply staying home to stop infection spreading.This Sunday marks the NHS’s 72nd birthday. NHS Charities Together and NHS England will be joining staff and volunteers from across the country to say thank you to everyone who has donated or raised money for the Covid appeal.NHS Charities Together has also partnered with /together and NHS England to encourage everyone to come together at 5pm on Sunday to clap for everyone who has been there for them during the pandemic.  1,229 total views,  2 views today  1,230 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 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

Flint residents demand water justice

first_imgFlint, Mich. — “Rebuild Flint” was the theme of a mass demonstration Feb. 19 called by TV Judge Greg Mathis, originally from Detroit; the Rev. Jesse Jackson; and Flint’s Concerned Pastors for Social Action. One media source estimated there were “thousands,” mostly Flint residents. (mlive, Feb. 19) The church that hosted the pre-march rally was overflowing.The strongest message on signs, shirts and hoodies was “Flint Lives Matter,” linking the brutality of trigger-happy police with the environmental racism that contaminated Flint’s drinking water and perpetuated the lie that it was drinkable.Marchers chanted “Fix the pipes now!” and “No pipes, no peace!” Another popular chant, referring to the criminal governor who allowed this disaster to happen, was “Snyder’s got to go!”This was the largest action so far in the growing movement to demand justice for this majority-Black city. The whole world now knows how Flint was lead-poisoned by a racist governor, aided by governor-appointed dictators called emergency managers and cronies with no scientific background at the misnamed Department of Environmental Quality.The main demand of the demonstration was to replace all the corroded pipes and to start right now. “We’re sick and tired of being sick and tired of being sick and tired,” said Pastor Allen Overton of Concerned Pastors. “Today we serve notice that we are sick and tired of bottled water.”Judge Mathis demanded the $600 million in federal aid that the U.S. Senate is debating be released. Referring to the state budget surplus, he led the crowd in this chant, “The surplus is for us!” Rev. Jackson demanded lead testing be made available for everyone.Because toxic Flint water was allowed to go untreated for 18 months, letting lead leach into the water supply, all the pipes are corroded and the water infrastructure needs to be rebuilt to make Flint’s drinking water safe again. Between the budget surplus and the “rainy day” fund, the state has at least $1 billion and could begin the process now. But the legislature and Gov. Rick Snyder, who finally acknowledged the lead problem in October and declared a state of emergency in January, are sitting on the funds.“Today we stand up for environmental justice, we stand up for ourselves, we stand up for our rights,” said Melissa Mays, founder of Water You Fighting For. “At the end of the day we’re sick, we’re tired, we’re broke, we’re fed up, but at the end of this march we will all know we are not victims. We are fighters.” Mays and her three children are all sick as a result of the water contamination.After the march, which ended at the water plant, there was a second militant rally. Kristin Moore, speaking on behalf of Flint Mayor Karen Weaver, said, “The fight will not be over until we have new pipes.”Solidarity for Flint’s besieged peopleThe latest water-related tragedy in Flint is the death of two teenagers who died after smoking marijuana through a water-based bong. Lead residue accumulated in the water pipe during the 18 months residents were told the water was safe. Inhaling the metal, unsafe at any level, caused their deaths. The death toll is now at least 11, counting nine people who died from a Legionnaires’ disease outbreak blamed on the water.The Baltimore People’s Power Assembly held a Flint solidarity demonstration Feb. 19 and the New York City PPA followed suit on Feb. 21. A demonstration is planned in Los Angeles for Feb. 25. Activists hold weekly pickets of the governor’s condo in Ann Arbor, calling for his arrest. A mass convergence on the state Capitol is planned.The state is not meeting even the minimal needs of the population for bottled water, despite activating Michigan National Guard troops and using fire stations as water distribution centers. Solidarity donations from churches, mosques, synagogues, unions, schoolchildren, celebrities, individuals and even prisoners are keeping residents alive.Underserved communities — the undocumented, people with limited mobility and those in the poorest neighborhoods — still depend on dedicated volunteers who go into their homes and do needs assessments.GM and the ‘system that poisoned Flint’Flint was already suffering before being poisoned. The city had the highest poverty rate in Michigan at over 40 percent. Almost 20 percent of the population of “Vehicle City” has no access to a vehicle.Flint’s job crisis was the subject of a front-page story in the Feb. 21 Detroit Free Press. Every zip code in the city has lost jobs since 1998, with zip code 48505 losing 72 percent. Half the working population must travel over 25 miles to get to work in the suburbs.General Motors stripped Flint, the city where it was founded, of most of the jobs that made Flint a prosperous working-class city of 200,000. That and the foreclosure crisis drove half the population away. The protest march passed by the former site of the Buick City complex, opened in 1985 with a workforce of 28,000, only to be shuttered and demolished seven years later. More than 150 businesses have closed in Flint, many as a consequence of GM’s pullout.Members of Detroit’s Moratorium Now! Coalition to Stop Foreclosures, Evictions and Utility Shutoffs received many positive comments to a leaflet calling for Snyder’s arrest and demanding GM pay $4 billion — out of its $9.7 billion record profits for 2015 — in reparations to Flint.Activists distributed Workers World newspapers with Flint coverage and analysis, while youth organizers with FIST — Fight Imperialism, Stand Together — passed out 500 flyers entitled “Fight the system that poisoned Flint!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Pioneer Agronomy report May 7, Watch for strange Looking crops

first_img[audio:https://www.hoosieragtoday.com//wp-content/uploads//2012/05/diedridck.mp3|titles=Pioneer report May 7, 2012] Facebook Twitter Keith DiedrickApril was a month of below average temperatures, while May is shaping up to be one of above normal temps.  As a result, our newly planted crops are likely to develop quite quickly. Keith Diedrick, area agronomist with Pioneer, says this may produce some strange looking plants. Previous articlePioneer Hi-Bred Launches Replant CalculatorNext articleProject Converts Poultry Waste to Energy Gary Truitt By Gary Truitt – May 7, 2012 Pioneer Agronomy report May 7, Watch for strange Looking cropscenter_img Home News Feed Pioneer Agronomy report May 7, Watch for strange Looking crops SHARE Facebook Twitter SHARElast_img read more

Wife confirms that Akbar Ganji has ended hunger strike

first_img June 11, 2021 Find out more Organisation August 22, 2005 – Updated on January 20, 2016 Wife confirms that Akbar Ganji has ended hunger strike News RSF_en Help by sharing this information News Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists Receive email alerts Reporters Without Borders welcomed the confirmation that came today from imprisoned journalist Akbar Ganji’s wife, Massoumeh Shafiie, that Ganji has indeed begun eating again after observing a hunger strike for more than two months.”We are pleased that Ganji has ended his hunger strike and that he is therefore no longer in danger of dying,” the organisation said. “Nonetheless, the fight to obtain his release continues and we strongly hope that his perseverance will not result in his being kept in prison until he completes his sentence.”His wife, who had not been allowed to see him since 1 August, was finally given permission for a visit yesterday and was able to verify his state of health. “I saw him last night. He has ended his hunger strike. He is doing quite well. He is talking,” she told Agence France-Presse (AFP) today.Iranian officials had announced that Ganji ended his hunger strike on 17 August, but this had not been confirmed until now by his family or lawyers, who have all been banned from seeing him.————————————————————–19.08.05 Improvement reported in Akbar Ganji’s conditionReporters Without Borders today hailed a report received from a reliable local source of an improvement in the health of imprisoned journalist Akbar Ganji. The source quoted Milad hospital spokesperson, Dr. Sirous Tabesh, as saying Ganji, who began a hunger strike on 11 June, has agreed to take medicine and to eat foods recommended by the hospital’s doctors.”This is positive news after more than 65 days of anxiety,” the press freedom organisation said. “We hope it will be confirmed by Ganji’s family and lawyers, who are still waiting to be granted the right to visit him. Only a visit would allow us to definitively confirm that he has called off his hunger strike.”Reporters Without Borders added that it also supported the start of talks with judicial officials. Reached by telephone, Ganji’s wife, Massoumeh Shafii, confirmed to the organisation that “a dialogue with the Iranian judicial authorities has begun.” But she stressed that she had not seen her husband since 1 August and therefore could not confirm whether “he really has stopped his hunger strike.” She added, “I hope the efforts undertaken on both sides will help resolve my husband’s problem soon.”A writer for the pro-reform dailies Sobhe-e-Emrouz, Neshat and Asr-e-Azadegan and editor ofthe weekly Rah-e-No, Ganji has been in prison since 22 April 200. He was given a six-year jail term in 2001 for “attacking state security,” for “insulting the founder of the Islamic Republic and the regime’s sacred values” and for “propaganda against the Islamic Republic.” Five weeks after starting his hunger strike, he was transferred to Milad hospital where doctors recognised his condition as critical. Newscenter_img Follow the news on Iran Iran: Press freedom violations recounted in real time January 2020 News Iran is stepping up pressure on journalists, including foreign journalists, in run-up to election March 18, 2021 Find out more IranMiddle East – North Africa June 9, 2021 Find out more IranMiddle East – North Africa to go furtherlast_img read more

Four-year jail sentence for undercover reporting into police corruption

first_img Organisation Three more independent reporters arrested in Vietnam VietnamAsia – Pacific News April 7, 2021 Find out more Receive email alerts Follow the news on Vietnam Help by sharing this information News RSF laureates support jailed Vietnamese journalist Pham Doan Trang Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prisoncenter_img to go further Reporters Without Borders is outraged by the four-year jail sentence that a Ho Chi Minh City people’s court passed today on Nguyen Van Khuong, a reporter for the Tuoi Tre daily newspaper who uses the pen-name of Hoang Khuong. Khuong, who has been held since January, was convicted of giving bribes to police officers. He was arrested after writing two stories about police corruption for which he did some undercover reporting, posing as a traffic offender pretending to bribe a policeman.”This sentence is as unfair as it is disgraceful,” Reporters Without Borders director-general Christophe Deloire said. “By sanctioning Khuong for his investigative reporting and his two stories on police corruption, Judge Nguyen Thi Thu Thuy has transformed a public service into a crime punishable by imprisonment. “The fact that the authorities only learned about this matter after Khuong’s articles were published proves his honesty. And by citing his reporting as an extenuating circumstance, the verdict acknowledged its usefulness. We urge the court to overturn this conviction and release him without delay.”Tuoi Tre reported that prosecutors requested a sentence of 6 to 7 years in prison but the court gave him a lesser one on the grounds that his contribution as journalist should be taken into account.Khuong ‘s home and office were searched when police arrested him in Ho Chi Minh City on 2 January in connection with his research for an article in which he adopted a traffic offender’s identity and, using an intermediary, paid a bribe of 15 million dong (715 dollars) to a traffic policemen, Huynh Minh Duc, to obtain the release of an impounded vehicle.Khuong’s stories about police officers who take bribes to turn a blind eye to traffic violations have made him famous and have prompted angry criticism of the police by the public.The police officer got a five-year sentence for taking the bribe. Khuong’s brother-in-law was also sentenced to five years in prison. News RSF_en News April 22, 2021 Find out more September 7, 2012 – Updated on January 20, 2016 Four-year jail sentence for undercover reporting into police corruption April 27, 2021 Find out more VietnamAsia – Pacific last_img read more

New attempt to intimidate an editor

first_img to go further November 23, 2005 – Updated on January 20, 2016 New attempt to intimidate an editor A hand grenade was thrown at the home of Gela Mtivlishvili, editor of the weekly Imedi, overnight on 22-23 November 2005, without causing any damage. It was the latest of a series of acts of intimidation against the journalist since June this year.Governor of the Kakheti region in Georgia’s east, Akaki Sikharulidze, attacked the media as “corrupt”, in a television interview on 16 November 2005. He said that he planned to take steps against the press with the help of the special services.He accused Gela Mtivlishvili in particular of criminality and provocation.The journalist’s nephews were injured and several rooms in his home were badly damaged when a hand grenade was thrown inside on 15 July. On 22 June, the journalist was brutally attacked and threatened with death by an unknown assailant in the eastern city of Gurjaani. His attacker ordered Mtivlishvili to put a stop to his investigations.A police investigation opened in July has so far not produced any results GeorgiaEurope – Central Asia Mounting pressure on Georgia’s media in run-up to elections July 20, 2020 Find out more Organisation Help by sharing this information Reporters Without Borders called for an immediate investigation after Gela Mtiulishvili, editor of the weekly Imedi, was attacked and beaten up as he was returning home in the eastern city of Gurjaani on 22 June 2005.He was taken to hospital after the attack in which an unidentified assailant beat him repeatedly about the head with a blunt instrument.The organisation called on Interior Minister, Vano Merabichvili, to open an immediate investigation to shed light on the circumstances of the attack and to punish the perpetrators. “We expect the Georgian authorities to provide heightened protection for journalists who are investigating sensitive subjects,” it said.Mtiulishvili was beaten as he was getting out of a taxi that had brought him home. A man approached him and asked for cigarettes, then attacked him from behind with a blunt instrument, causing the journalist to lose consciousness for several minutes.His calls for help did however alert the local residents and his attacker ran off. His mother told Reporters Without Borders that her son had been beaten because of his work. “Just before beating him brutally about the head, his assailant told him, ‘Are you going to stop writing your articles?”The editor of Imedi published several investigative articles on the criminal practices of police in the city of Signagi, Kakheti region, accusing them in particular of running a drug-trafficking network.Mtiulishvili also recently published an article in the paper about a certain Mzia Korkotashvili, whose son was killed during a special police operation in the Kakheti region.Head of the Gurjaani regional administration, Akaki Sikharulidze, condemned the assault on Rustavi 2 television on 23 June, saying that it was a typical attack on an independent journalist. “People are avid for the truth, journalists should be allowed to do their job,” he said. Follow the news on Georgia Concern about alleged plot to murder Georgian TV host – – – – – -Journalist brutally beaten29 June 2005center_img News Receive email alerts GeorgiaEurope – Central Asia At least five journalists attacked while covering Georgia’s election campaign RSF_en News News News October 1, 2020 Find out more June 18, 2020 Find out morelast_img read more

Can Local Governments Impede Housing Markets?

first_img Can Local Governments Impede Housing Markets? Related Articles Share Save Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago July 6, 2016 1,546 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Federal and local government agencies have added significant building costs that did not exist as recently as 15 years ago, which has had an adverse effect on many housing markets, according to a recent survey of more than 100 builders by John Burns Real Estate Consulting (JBREC).The survey found that in many instances, the government added these extra costs in order to protect the environment and improve the surrounding area for existing residents.“While these are noble goals, builders have to charge more for new homes—or simply not build homes in many instances,” said John Burns, CEO of John Burns Real Estate Consulting.Analysis of the top 33 markets in the country found that the number of new home communities has increased by only 4 percent in the last year, according to Burns. At that pace, the number of new homes permitted will not reach 1.1 million until 2023, which is consistent with historical averages.While the survey found there are many reasons why the recovery is not stronger, local government was the primary reason that volume recovery was stronger in some areas than in others. The survey found that government attitudes toward housing tend to be either friendly and affordable or unfriendly and unaffordable.Areas where builders can quickly build to meet demand like Texas and Georgia, which are well-known for business-friendly environments, fit into the friendly and affordable category; particularly Texas, which has opened up huge amounts of land for development in the last decade due to massive investments in freeway infrastructure. Texas also features new homes near employment centers that tend to be cheaper than in most areas even when home price appreciation is considered.Meanwhile, states like Virginia, Illinois, New Jersey, California, and Washington (excepting downtown Seattle) are well known for being difficult for builders, regulation-wise, according to JBREC. These places feature areas that are highly desirable to live, but they have become very expensive, and on top of that, demand is outpacing new construction, JBREC reported.“The bottom line is that there is a huge correlation between government attitudes and new home construction and prices,” Burns said. “We strongly believe that the large, affordable markets will grow faster than the other markets.”Click here to view the full survey. Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Tagged with: Housing Market John Burns Real Estate Consulting Local Government The Best Markets For Residential Property Investors 2 days agocenter_img  Print This Post Home / Daily Dose / Can Local Governments Impede Housing Markets? The Best Markets For Residential Property Investors 2 days ago Previous: Fed: U.S. Economy is ‘Not Running Hot’ Next: Declining Trend Continues for Bankruptcy Filings Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Housing Market John Burns Real Estate Consulting Local Government 2016-07-06 Brian Honea Sign up for DS News Daily Subscribelast_img read more

University of Hartford student arrested for allegedly stabbing fellow classmates while ‘acting out’ movie scene

first_imgkali9/iStock(HARTFORD, Conn.) — A 21-year-old college student in Hartford, Conn., is facing attempted murder charges after police say he stabbed two fellow classmates while rehearsing a scene from a movie as a class assignment.University of Hartford student Jake Wascher was “acting out” a scene from a film when he allegedly began stabbing both victims at an on-campus apartment on Sunday afternoon, according to the Hartford Police Department.Wascher then fled the apartment on foot and surrendered to a patrol officer without incident about two hours later near a wooded area, several hundred yards southeast of the university’s main campus, police said.The two victims sustained serious stab wounds in their chests and backs, officials said. They were taken to a local hospital, where one was listed in serious but stable condition on Sunday. The other remained in critical condition in the hospital’s intensive care unit after undergoing surgery, police said.Wascher, of San Diego, California, was being held on $1 million bail on Sunday night. He was expected to be arraigned Monday in Hartford Superior Court on two counts each of first-degree assault and criminal attempt to commit murder. It’s unclear whether he has retained an attorney.University of Hartford spokesperson Mildred McNeill confirmed to ABC News that Wascher and the two victims are all students there.“Our thoughts are with these students and their families during this difficult time,” McNeill said in a statement. “While there is no ongoing threat to campus, we recognize that this isolated incident is frightening and unsettling. The university will provide counseling services to members of our campus community in need of support or assistance. The university will continue to work closely with the Hartford Police Department in their ongoing investigation.”Copyright © 2019, ABC Radio. All rights reserved.,kali9/iStock(HARTFORD, Conn.) — A 21-year-old college student in Hartford, Conn., is facing attempted murder charges after police say he stabbed two fellow classmates while rehearsing a scene from a movie as a class assignment.University of Hartford student Jake Wascher was “acting out” a scene from a film when he allegedly began stabbing both victims at an on-campus apartment on Sunday afternoon, according to the Hartford Police Department.Wascher then fled the apartment on foot and surrendered to a patrol officer without incident about two hours later near a wooded area, several hundred yards southeast of the university’s main campus, police said.The two victims sustained serious stab wounds in their chests and backs, officials said. They were taken to a local hospital, where one was listed in serious but stable condition on Sunday. The other remained in critical condition in the hospital’s intensive care unit after undergoing surgery, police said.Wascher, of San Diego, California, was being held on $1 million bail on Sunday night. He was expected to be arraigned Monday in Hartford Superior Court on two counts each of first-degree assault and criminal attempt to commit murder. It’s unclear whether he has retained an attorney.University of Hartford spokesperson Mildred McNeill confirmed to ABC News that Wascher and the two victims are all students there.“Our thoughts are with these students and their families during this difficult time,” McNeill said in a statement. “While there is no ongoing threat to campus, we recognize that this isolated incident is frightening and unsettling. The university will provide counseling services to members of our campus community in need of support or assistance. The university will continue to work closely with the Hartford Police Department in their ongoing investigation.”Copyright © 2019, ABC Radio. All rights reserved.last_img read more

Recent Comments