Dracula by Stakelogic

first_img Dracula by Stakelogic The Count beckons you in, accept his invitation! You can play a demo of this slot here! Slots We’re taking players to a dark and gloomy manor house where they are to join a vampire hunt in our latest horror-themed slot, Dracula Topics: Casino & games Slots Game type:Spinning reelsGo-live date (expected):Out now!Game special features:– Daily tournament – Crypt bonus game – Free spins – Super Stake – Gamble featureNumber of paylines:25Number of reels:5 reels x 3 rowsRTP% (recorded/theoretical):95.60%Variance/volatility:2/5 (4/5 with Super Stake)Number of symbols to trigger feature/bonus?3Can feature be retriggered?YesNumber of free spins awarded?10Stacked or expanding wilds in normal play?N/AStacked or expanding wilds in feature play?N/ANumber of jackpot tiers?N/AAuto-play function?Yes Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 26th April 2021 | By Aaron Noy Email Addresslast_img read more

Shumba Energy Limited (SHUMBA.bw) 2017 Annual Report

first_imgShumba Energy Limited (SHUMBA.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2017 annual report.For more information about Shumba Energy Limited (SHUMBA.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Shumba Energy Limited (SHUMBA.bw) company page on AfricanFinancials.Document: Shumba Energy Limited (SHUMBA.bw)  2017 annual report.Company ProfileShumba Energy is a coal mining and energy development company with extensive interests in advanced energy projects in Botswana, including 4.5 billion tonnes of coal for thermal energy and exports. Shumba Energy is ideally positioned to address the chronic power shortage in the SADC region and aims to supply energy to southern African countries in a sustainable and cost-effective manner. Shumba Energy is involved in major energy projects including: Morupule South Mine Project which produces export-quality coal for local and regional industrial users; Mabesekwa Power Plant which supplies electricity to South Africa; Sechaba Project which supplies electricity to Botswana and other southern African countries; the Solar Energy Project geared to build a scalable solar power plant; and Lethlakeng Underground Coal Gasification Project with a license to explore 1 000 square kilometres for coal resources.last_img read more

Medical And Surgical Centre Limited (MASC.mu) Q12020 Interim Report

first_imgMedical And Surgical Centre Limited (MASC.mu) listed on the Stock Exchange of Mauritius under the Health sector has released it’s 2020 interim results for the first quarter.For more information about Medical And Surgical Centre Limited (MASC.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Medical And Surgical Centre Limited (MASC.mu) company page on AfricanFinancials.Document: Medical And Surgical Centre Limited (MASC.mu)  2020 interim results for the first quarter.Company ProfileMedical And Surgical Centre Limited deals within the Healthcare and Cafeteria segments where it operates hospitals in Mauritius. The company is a subsidiary of CIEL Healthcare Limited and operates hospitals under the Fortis Clinique Darné and Wellkin Hospital names, as well as runs a one day care centre under the FCD North name. Medical And Surgical Centre Limited is listed on the Stock Exchange of Mauritius.last_img read more

Josua Tuisova makes rugby look easy, this time setting up a try from No8

first_imgWednesday Feb 24, 2021 Josua Tuisova makes rugby look easy, this time setting up a try from No8 The Fijian, who has developed a fearsome reputation across Europe as a powerful winger or outside centre, briefly packed down at No8 for Lyon against Toulouse on Saturday.ADVERTISEMENTThough this was only a temporary move while they were a man down in the pack, the former sevens star was able to put his pace to good use, and exploded from the base of the scrum in Toulouse’s 22 and offloaded to Toby Arnold to set up the second try of the match.Lyon retook the lead with that try, and went on to win the match 31-23, so this was a pivotal intervention form Tuisova, who started the match at outside centre.This is not unfamiliar territory for Lyon, as the club have also fashioned Mathieu Bastareaud into a No8 over the past year. The 32-year-old earned all 54 of his France caps as a centre but flirted with a positional switch while with Lyon as a medical joker in 2019, before rejoining them after a stint with Rugby United New York.The Frenchman was quite similar to Tuisova stylistically during his days as a full time back, and the Fijian may have provided a glimpse of things to come later in his career.WATCH: Josua Tuisova video savagely demonstrates why he might be the most powerful runner in rugby todayAt the age of 27 though, Tuisova still has plenty more to offer in the wider channels of the field, and the pace he exhibited from the base of the scrum is a clear indication that he is still of greater value with a No11, No14 or No13 on his back.Tuisova’s compatriot and La Rochelle star Levani Botia is another player who can shift between playing flanker and centre in what could become a growing trend in the game.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Great Tries Related Articles 16 WEEKS AGO WATCH: Piutau sets up the epic try EVERYONE… 16 WEEKS AGO DAN CARTER: The ultimate highlights package… 16 WEEKS AGO Nigel Owens explains why THAT Jonny May try… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyDoctors Stunned: This Removes Wrinkles Like Crazy! (Try Tonight)Smart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe 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

Renovation of a Farmhouse / EXiT architetti associati

first_imgRenovation of a Farmhouse / EXiT architetti associatiSave this projectSaveRenovation of a Farmhouse / EXiT architetti associati “COPY” Houses Photographs:  Silvia LonghiText description provided by the architects. A wide rural building located in Treviso countryside, used mainly as a farmhouse, had to be restored and converted into a family house. The first step was to remove. To remove the annexes and all elements that had been added through the years to the original structure, such as the wall plugs used to close the arches and the interior divisions that hid the original dimensions. Inner spaces were re-organized following a new hierarchy based on the pre-existing spatial values of the building plan that had never been exploited due to the discontinuous and fragmented use of spaces and depots. Save this picture!sectionRecommended ProductsEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreThe building, whose main part dates back to the first years of the 19th century, has been unveiled and interpreted through a sober and minimal architectural language. The original arch shape has been underlined by a painted iron frame; the same element has been chosen for the inner structural frame so that it combines perfectly with plaster and wooden surfaces. The colour chosen for the exterior plaster – almost similar to the colour of the existing clay ground – combines with the travertine that covers the ground floor flooring. Save this picture!© Silvia LonghiThe ground floor was projected to gain wide spaces that offer a clearer definition of the ambient. Everything is organized and neatly connected to a “spinal column” that crosses the hole house along the northern wall, so to make the movement from one space to another more intuitive and more controllable. Inner spaces expand towards the exterior through wide glass windows, easing the continuity of the interior subdivision sequence with the exterior flooring made of pigmented concrete slabs. Save this picture!© Silvia LonghiThe original fireplace called “alla vallesana” (typical of this region) was renewed even though just a few of the original elements had remained. Upstairs are the bedrooms. Especially in the attic, characterised by wide spaces, it was decided to avoid excessive subdivisions, in order to emphasize the peculiar spatial characteristics, strengthened by the presence of the massive wooden trusses. In the central part of the building, that originally hosted the stable, a new wide hall with a mezzanine was gained. Save this picture!© Silvia LonghiThe whole building is completely energetically self-sufficient thanks to a photovoltaic 70 Kwh power plant. The high potency of the power plant is justified by the need to produce energy, heating and cooling for the building with the possibility to expand it to others parts that are not restored yet. The photovoltaic power plant is totally integrated within the roof and it extends also on a car parking shelter which has been partially sunk in the ground. Save this picture!© Silvia LonghiThe house has an innovative HAVC system with heating pump that guarantees high potency with low energetic consumptions if referenced to the building dimensions and its interior spaces. Every house consumption is of electric type and the entire energetic requirement is covered by the photovoltaic power plant so that the house can be considered as zero impact. Text provided by EXiT architetti associati.Save this picture!© Silvia LonghiProject gallerySee allShow lessJim Olson: Architecture for Art ExhibitionArticlesCityscape Architectural Awards in Emerging Markets 2011Articles Share CopyAbout this officeEXiT architetti associatiOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesRefurbishmentRenovationHousesItalyPublished on October 05, 2011Cite: “Renovation of a Farmhouse / EXiT architetti associati” 05 Oct 2011. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogShowerhansgroheShowers – RainfinityVinyl Walls3MArchitectural Finishes DI-NOC in Ned Ludd Public HousePartitionsSkyfoldMarkerboard Finish for Folding WallsBedroom furnitureFlexformMirror – EgonWaterproofing/SealantsEffisusPre-Fab System – Ecofacade Pre-fab TrueSealConcreteKrytonConcrete Hardening – Hard-CemSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumBlinds / Mosquito Nets / CurtainsBANDALUXRoller Shades – Arion Large SizedWoodStructureCraftEngineering – Mass TimberTiles / Mosaic / GresiteTerrealSunscreen – Terracotta BaguettesWoodHESS TIMBERTimber – GLT BauBucheLightingLumenpulseLED Projector Lumenbeam GrandeMore products »Read commentsSave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 ArchDaily 2011 Area:  1200 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/173524/renovation-of-a-farmhouse-exit-architetti-associati Clipboard CopyHouses, Renovation•Italy Architects: EXiT architetti associati Area Area of this architecture project Photographs “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/173524/renovation-of-a-farmhouse-exit-architetti-associati Clipboard Year:  Projects Italy Save this picture!© Silvia Longhi+ 35 Share Renovation of a Farmhouse / EXiT architetti associatilast_img read more

DSC publishes updated Guide to Sports Funding

first_imgAs this memorable year of sport in the UK draws to an end, the Directory of Social Change has published a new edition of The Guide to Sports Funding. This edition is, for the first time, available as a digital download.It is aimed at both organisations and individuals searching for sports funding.It includes “all of the major trusts” and many smaller trusts that give to sporting activities, “with over 70 of which you won’t find anywhere else”. Fifteen of them are new trusts registered in the past year. Advertisement Howard Lake | 8 December 2012 | News DSC publishes updated Guide to Sports Funding  25 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img It also lists corporate and statutory funding sources. About 25 organisations in the directory consider applications from individuals. There is information on funding for playing fields and recreational spaces, and a section devoted to disability sport.The guide classifies funding by 13 types of sport.The Guide to Sports Funding, by Jonny Morris and Lucy Lernelius-Tonks, costs £42 (including VAT) as a digital download.www.dsc.org.uk/Publications/Fundraisingsources/@150746 Tagged with: Funding 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.last_img read more

Charities championing women’s rights celebrate joint win at Charity Governance Awards

first_img Melanie May | 23 May 2019 | News Tagged with: Awards governance Main image: All winners in Charity Governance Awards 2019 (photo Kate Darkins Photography) Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 Muslim Women’s Network UK won for its range of services that help tens of thousands of people, including the only national faith and culturally aware helpline for Muslim women.Derry Well Women won for identifying a gap in support for women carers and subsequently creating ‘The Carer’s Agenda’ which has provided practical and social support for over 250 women carers in its first year. Dementia UK won this year’s Managing Turnaround award. The trustees and new Chief Executive transformed the charity’s fortunes from facing possible closure within six months to almost trebling its annual income and reaching close to five times the number of service users.SignHealth won the Board Diversity & Inclusivity award for its commitment to creating a trustee board that is largely representative of those it serves. As well as achieving a more equitable gender balance, over half of trustees are deaf and board members represent different racial backgrounds, age groups and professional fields.Other winners included Parents and Children Together (PACT), Coventry & Warwickshire Mind, Green’s Windmill Trust and YMCA North Tyneside. A full list of the winners and shortlisted entrants can be found on the Charity Governance Awards site. The organisers have also put together a list of resources for charities and trustees, under ‘Advice and Resources’ on the site.The awards are organised by The Clothworkers’ Company, partnered with NPC (New Philanthropy Capital), Prospectus, and Reach Volunteering. Judges included Dawn Austwick (CEO, The National Lottery Community Fund), Vinay Nair (Co-founder, Lightful), Dan Corry (CEO, New Philanthropy Capital), David Gold (CEO, Prospectus) and Janet Thorne (CEO, Reach Volunteering).Michael Jarvis, who chairs the Awards for the organisers The Clothworkers’ Company, said:“Congratulations to all the winners – and the shortlisted candidates should also be proud – this was, yet again, a field of a very high standard. These creative, hard-working and inspiring trustees and their colleagues deserve to be celebrated.“I would encourage everyone in the third sector to read the stories of our winning charities – these real-life experiences and innovative ideas could help any charity seeking to improve their own governance. It also reminds us all that by improving governance a charity can dramatically improve the lives of those it serves.” Charities championing women’s rights celebrate joint win at Charity Governance Awards 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. Two charities championing women’s rights are the joint winners of this year’s Improving Impact award (4-25 staff) in the Charity Governance Awards 2019.Muslim Women’s Network UK and Derry Well Women won the award: one of eight categories, each of which saw winners take home a £5,000 prize with £40,000 awarded to charities in total.  339 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7  338 total views,  2 views todaylast_img read more

Sein Fein deputy hits out at Fianna Fail “arrogance”

first_img Important message for people attending LUH’s INR clinic Sein Fein deputy hits out at Fianna Fail “arrogance” By News Highland – February 14, 2020 Previous articleFinn Harps v Sligo Rovers LIVE on HighlandNext articleFive people awaiting in-patient beds at LUH News Highland News, Sport and Obituaries on Monday May 24th Sinn Féin has accused Fianna Fáil of being arrogant in not engaging with them for talks on government formation.It comes after Fianna Fáil ruled out going into government with Sinn Féin, but said it will enter talks with other parties.Sligo Leitrim and South Donegal TD Martin Kenny says Fianna Fáil’s stance on his party is appalling……….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2020/02/mkenny1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Fianna Fáil’s stance leaves a confidence and supply agreement, or grand coalition with Fine Gael as the most likely outcome of the election.However, Fine Gael TD for Cavan Monaghan and Business Minister Heather Humphreys, says another election is still a distinct possibility……………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2020/02/10humphreys.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter WhatsApp RELATED ARTICLESMORE FROM AUTHOR Twitter WhatsApp Google+center_img Pinterest Facebook AudioHomepage BannerNews Pinterest Arranmore progress and potential flagged as population grows Nine til Noon Show – Listen back to Monday’s Programme Community Enhancement Programme open for applications Google+ Loganair’s new Derry – Liverpool air service takes off from CODA Facebooklast_img read more

Training news in brief: call centre careers

first_imgTraining news in brief: call centre careersOn 18 Apr 2000 in Personnel Today • Call centre staff at NFU Mutual Direct’s new Glasgow centre have beengiven five weeks’ full-time training. All 60 employees already working at thecentre undertook the course before beginning work. A further 200 staff, yet tobe recruited, will also attend the programme. Head of direct sales SharonWatkins said, “NFU Mutual places great emphasis on creating careers forits employees, not just jobs.”Playing down poaching• The danger of trained staff being poached by other firms is exaggerated,according to a new report. It found that training staff is more likely toencourage them to stay with their employer than leave. The report, by CambridgeUniversity’s Institute for Manufacturing, gives the results of a survey of morethan 2,000 companies. Michael Kitson, of the institute, said, “Trainingencourages further innovation by bringing ‘fresh pairs of eyes’ to work andchallenging traditional ideas. Once people get into the learning cycle, theirconfidence grows and they are able to react more positively to the changes theyface.”Scheme to keep staff• Whitbread has launched a training programme aimed at tackling the leisureindustry’s staff retention problem. The company, which employs 98,000 full- andpart-time staff, is offering the training and communication skills courses tomanagers. The courses are aimed at providing managers with the skills to train,communicate and motivate staff members. Previous Article Next Article Comments are closed. Related posts:No related photos.last_img read more

Not your father’s distress: Down market could be opportunity of a lifetime or a big letdown

first_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Tags Share via Shortlink (Illustration by Daniel Castro Maia)As the coronavirus pandemic bore down on the economy, veteran investor Tom Barrack emerged as one of the loudest voices urging a lifeline for the real estate industry.Barrack, the head of Colony Capital and a longtime friend of President Donald Trump, penned a series of much-discussed blog posts and took to the airwaves, warning that the real estate industry could collapse. His alarm hit close to home when Colony disclosed this month that it had defaulted on $3.2 billion worth of loans backing the company’s hotel and health care properties.The bad news for Colony presented an opportunity for real estate investors who have been waiting since the last global crisis to snap up distressed real estate at bargain prices. But while many based their playbooks on the Great Recession, the pandemic’s playing field looks quite different.ADVERTISEMENTOne of the biggest differences is that the current crisis hasn’t resulted in a breakdown of the banking system — at least not yet. Some lenders may be skittish and hesitant to make loans, but the global and U.S. financial industries are, by and large, still working. Although that could change if massive defaults lead to a banking crisis.And this time around, investors are game planning and looking at opportunities a lot earlier, said Eastdil Secured managing director Jonathan Firestone. When the housing and financial markets collapsed in 2008, “people were afraid of their own shadows,” Firestone noted. “It took a year and a half for people to invest in opportunistic and distressed deals. This has happened in two months.”Investors who reaped big returns following the financial crisis — and those who regret missing out — are now salivating. Some have been ready for more than a decade for such an opportunity to unleash capital. As of mid-May , distressed real estate funds have already accumulated nearly $10 billion worth of dry powder, according to private equity data firm Preqin. Nine others were raising distressed funds with an aggregate goal of $7.3 billion.Those include Oaktree Capital Management, led by billionaire contrarian investor Howard Marks. Oaktree is raising a $15 billion general distressed-debt fund, and a separate $3.5 billion fund designated for underwater real estate assets. “The firewood had been stacked,” Marks said in a recent presentation to investors.Brookfield Asset Management paid $4.8 billion last year to buy a 61 percent stake in Oaktree in a bid to challenge Blackstone Group, which is also gearing up. Another rival, Cerberus Capital Management, is raising a $2 billion distressed fund. And other giants, including JPMorgan Chase and Fortress Investment Group, are raising billions of dollars for general distressed funds targeting different sectors of the economy.Daniel Lebensohn, head of investment firm BH3, told the Wall Street Journal that companies like his see this as a rare moment to invest. “There are people that do have dry powder, like us, and that will recognize this as one of the greatest buying opportunities of the century,” said Lebensohn, whose company raised a $100 million distressed-debt fund in late 2018.But despite the ambitions of big gains, the vultures are so far waiting to see how things shake out. Government intervention and relief efforts have disrupted some distress plans already. And since the public health crisis has not spiraled into a financial one — though it very well might — investors have yet to see the rush of opportunities they did a decade ago.“Back in ’08 you could spit in any direction and you had a problem,” said David Eyzenberg, president of the investment banking firm, Eyzenberg & Company. “Right now you don’t really have any distressed sellers. What you have is short-term impairment in cash flow.”“The playbook is slightly harder today,” Eyzenberg added.The asset food chainEarlier this month, the Hilton Times Square Hotel’s $92 million securitized loan went into special servicing as the building’s landlord, Sunstone Hotel Investors, failed to meet debt payments.The Hilton was one of a handful of hotels in the city in a precarious situation even before the coronavirus hit, as revenues were short and owners were already struggling to cover their mortgages.Properties like those are the first to fall into distress, industry sources say.“What we’re really focusing on are loans that were teetering before Covid, and then Covid put them under,” Iron Hound Management’s Robert Verrone, one of the industry’s most seasoned loan workout experts, told The Real Deal in an April video interview. Asked about nonperforming debt notes, Verrone said, “You are going to see a lot of distressed everything.”Hotels have been among the hardest-hit asset classes as the pandemic brought business conferences, tourism and travel to a virtual halt. The national occupancy rate bottomed out at about 25 percent in late April, according to the hospitality data firm STR. Had many of the emptiest hotels not closed, removing their vacant rooms from the calculation, the rate would have been far lower.But the U.S. hotel industry saw an uptick in early May as travelers went to resort towns in states like Florida and Texas that began lifting restrictions. The bounceback gave hope to those in the sector that hotels could quickly recover when more states reopen.“Whether or not this becomes a trend remains to be seen,” said Jan Freitag, senior vice president of lodging insights at STR. “But the fact that there were people instantly willing to head out for leisure activity and stay in hotels is a positive sign for the industry.”The retail market is also in trouble as a domino effect of store chains failing to pay rent puts mall owners and other landlords on the defensive. National retail chains paid just 58 percent of their rent in April, according to data firm Datex Property Solutions. That was down from 96 percent during the same period last year. H&M, Gap, Foot Locker, Barnes & Noble and two dozen others among the 135 chains in Datex’s report paid little or no rent at all.During the first quarter, mall giant Macerich reported it collected just 26 percent of rent from tenants at 47 shopping centers it owns around the country. At the same time, a growing number of popular brands, including J. Crew and Neiman Marcus, have filed for bankruptcy in the past two months. Given the runup in retail rents in the years following the last crisis, coupled with the detrimental impacts of e-commerce, retail is seen by many as one of the biggest opportunities to snap up bargain deals.“The whole transition from bricks and mortar to online shopping got sped up by 10 years in the last few weeks,” said Danny Wrublin, of Dalan Management, who last year launched a $500 million distressed debt fund with HKS Capital Partners and Bain Capital.Wrublin added that given the uncertainty over how long it will take certain retailers — especially restaurants and entertainment venues — to return to normal in the age of social distancing, the timeline for fixing distressed retail properties will be longer than last time.“It’s going to be a question of having staying power,” he said. “In the immediacy of what’s happened, there’s going to be a lot less demand.”In a potential lifeline and perhaps contrary move to its Oaktree investment, Brookfield Asset Management is reportedly planning to spend $5 billion to prop up struggling retailers.On the multifamily side, there’s been much hand-wringing over whether tenants would be able to pay rent. By early May, roughly 80 percent of 11.4 million U.S. households surveyed by the National Multifamily Housing Council said they paid all or part of their rent. The survey, it should be noted, is heavily weighted toward large institutional property owners.At the same time, institutions insured by the FDIC had $458.7 billion in outstanding multifamily loans at the end of 2019, the agency’s data show. And as U.S. unemployment surges higher — with jobless claims hitting 36 million since the beginning of the pandemic — renters increasingly lack the resources to compensate for major income losses, according to Harvard University’s Joint Center for Housing Studies.Peter Von der Ahe, who leads the New York multifamily team at the brokerage Marcus & Millichap, told TRD in April that opportunistic investors are lining up “with the stands full, saying, ‘I have cash ready to go.’”Deals won’t start getting done, he added, until sellers and buyers find more common ground on how much properties are worth now.“The problem is, do they agree on pricing?” he noted.No “forbearance fairy” As more commercial and residential tenants begin to skip out on rent checks, a growing number of property owners are turning to their lenders for relief. But that can only go so far for some borrowers and it can be an arduous process.About 26 percent of borrowers with CMBS loans have asked their special servicers about relief since the coronavirus started, according to Fitch Ratings. Of those requests, just 3 percent have been transferred to special servicing. The number of calls for help dipped in late April, but that’s expected to be just a lull before more borrowers seek a break.“This is not a positive indicator, but likely the calm before the storm as higher delinquencies and more relief requests come in May,” said Fitch U.S. CMBS senior director Adam Fox.Ironhound’s Verrone said many borrowers have to be educated about what kind of relief they can expect when negotiating with their lenders. “[Some] feel like there’s some forbearance fairy flying around that’s just sprinkling dust on loans that are Covid-affected,” he said. “I know that’s not the case.”Investors are lining up to buy stressed or nonperforming loans, hoping they can turn a profit by reworking the loans or, in some cases, taking control of the properties. But if opportunities don’t arise the way they imagine, those funds risk posting underperforming returns.That will take more time to shake out. Meridian Investment Sales’ David Schechtman said it will be several months before distress activity really starts to heat up.“The loan sales market at the moment feels a lot like being at Disney World without a fast pass,” he said. “Everyone is queued up and ready to go, but the sign says it’s another six months from this point on line to ride Space Mountain.”Federal obstaclesThere’s also a question about how deep the hit on real estate will — or should — be.The federal government’s $6 trillion intervention thus far will soften the blow. That figure includes the $2.15 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act and trillions the Federal Reserve has spent to prop up financial markets by buying bonds and mortgage-backed securities.Some are now asking for industry-specific bailouts for troubled sectors, such as hospitality. Brendan Wallace, head of the venture-capital firm Fifth Wall Ventures, has called for retail to get a $30 billion rescue package.“Right now, the top of the funnel in the retail ecosystem is solvent, revenue-generating, cash-flow generating, rent-paying retailers,” Wallace told TRD in a video interview this month. “And right now, the assumption that that cohort is going to continue to exist is no longer safe.”Small landlords, who own about half of the country’s 43 million rental apartments, are lobbying Washington for a $100 billion aid package to make up for unpaid rents. Without it, they fear they’ll get taken out by big Wall Street firms looking to snap up distressed properties.More government intervention could mean less profit for investors counting on deep levels of distress. “There will be investment opportunities in certain industries but not the strong returns people saw in 2009 or 2010,” Christopher Ailman, chief investment officer of the country’s second largest pension fund, CalSTRS, said in a recent interview on CNBC. Others argue the system works better when companies are allowed to fail.In one of his famed memos, Oaktree’s Marks reminded investors of the adage “capitalism without bankruptcy is like Catholicism without Hell.”“It appeals to me strongly,” he wrote in April, criticizing the federal government’s efforts to bail out troubled businesses by buying their debt. “Markets work best when participants have a healthy fear of loss. It shouldn’t be the role of the Fed or the government to eradicate it.”Oaktree declined to comment. Starwood Capital CEO Barry Sternlicht said he’s also on the hunt for discounted properties — especially when it comes to hotel acquisitions. The outspoken billionaire investor told TRD in a recent interview that he and his team “love distress markets from a buyer’s standpoint.”But Sternlicht added that it’s tough to decide when to start spending.“When it looks like the world is totally ending, that’s the hardest time to actually push the button and buy something,” he said. Contact Rich Bockmann at [email protected] or 908-415-5229 Coronaviruslast_img read more

Mitchell, Crowder help Jazz crush tired Timberwolves 120-100

first_imgShe implored fans to enjoy the competition and cheer the Jazz as loudly as ever but cautioned, “No one wins when respect goes away.” JAZZ OWNER SETS TONE The Timberwolves didn’t arrive in Salt Lake City until Thursday morning due to a severe snowstorm in Denver that prevented the team from flying. The team showed up for its charter flight a little after 10 a.m. on Wednesday but was stranded at the airport for nearly 10 hours because of high winds before returning to the hotel. Associated Press Mitchell converted a scintillating drive and dunk on the baseline and then a tough lay-in from the right angle. The game was within single digits most of the way, but the Jazz led by 24 in the closing minutes as the Timberwolves ran out of steam. Andrew Wiggins scored 14 points but shot 6 of 17. Tyus Jones had 12 points and nine assists for the Wolves. Karl-Anthony Towns had 26 points, including 14 in the third quarter as the Timberwolves drew within 71-70. Utah finished the period on a scoring burst and led 91-81 entering the fourth on a rare dunk by Joe Ingles. In his nine games since the All-Star break, Towns has averaged 34 points and 13.4 rebounds but looked frustrated at times against the length of Gobert and fouled out as he tried to bull through the Jazz center on a baseline drive with 4:13 remaining. Players from both teams listened intently and applauded the speech. Jazz owner Gail Miller released a statement and spoke to the crowd prior to the game to address an encounter between Oklahoma City star Russell Westbrook and a fan Tuesday. Utah permanently banned the fan from all arena events, and Westbrook was fined $25,000 by the league. FacebookTwitterLinkedInEmailSALT LAKE CITY (AP) — Donovan Mitchell scored 24 points, Jae Crowder had 18 and the Utah Jazz beat the travel-weary Minnesota Timberwolves 120-100 on Thursday night. Miller, who has owned the team for 34 years with her late husband Larry, implored the crowd to do better and said, “We are not a racist community.” Jazz: Host Brooklyn on Saturday. Timberwolves: Derrick Rose (elbow), Jeff Teague (foot), Luol Deng (Achilles) and Robert Covington (knee) all missed the game for Minnesota. … Towns caught Mitchell in the back of the head during a scramble for a rebound and received a Flagrant 1 foul. … The Timberwolves went 5 for 24 on 3-point attempts. TIP-INS Derrick Favors had 17 points and 11 rebounds and Ruby Gobert contributed 10 points and 13 boards for the Jazz, who played Wednesday night but didn’t have nearly the travel adventures that beset Minnesota. Tags: Donovan Mitchell/Jae Crowder/NBA/Utah Jazz March 14, 2019 /Sports News – Local Mitchell, Crowder help Jazz crush tired Timberwolves 120-100 Utah claimed the season series 3-1 and moved into a tie for sixth in the tight Western Conference. Jazz: Dante Exum, who missed 25 games with an ankle issue and only returned Monday, left the game after three minutes with knee soreness. … Utah outrebounded Minnesota 49-38. … The Jazz had 30 assists on their 44 field goals. “We moved the ball, that’s what it was,” Crowder said. UP NEXT Written by Timberwolves: Visit Houston on Sunday.last_img read more

FGS Sachsen Saves Iranian Dhow from Suspected Pirates

first_imgBack to overview,Home naval-today FGS Sachsen Saves Iranian Dhow from Suspected Pirates View post tag: Saves View post tag: Sachsen View post tag: Pirates View post tag: FGS On Saturday, 20 October 2012, the EU Naval Force (EU NAVFOR) German frigate FGS Sachsen located a suspicious dhow and detained seven suspected pirates.The German frigate was tasked on Friday, 19 October 2012, to locate an Iranian dhow as reports indicated the vessel to be in the hand of pirates.On Saturday, FGS Sachsen located the dhow and established contact with the master of the dhow. He reported his crew is threatened by seven suspected pirates and that he has been beaten. A boarding team detained the seven suspects and confiscated several assault rifles AK47 as well as a Rocket Propelled Grenade launcher (RPG).This action denied the suspected pirates the use of the dhow as a potential mother ship and saved 20 Iranian sailors from what could be a prolonged captivity.The 7 suspects have been transferred to FGS Sachsen and an investigation is ongoing.[mappress]Naval Today Staff, October 22, 2012; Image: EU Navfor FGS Sachsen Saves Iranian Dhow from Suspected Pirates View post tag: Naval October 22, 2012center_img View post tag: Iranian View post tag: Navy Training & Education View post tag: News by topic View post tag: Dhow View post tag: Suspected Share this articlelast_img read more

OCPD Weekly Activity Report 11/13 – 19

first_imgCity Ordinance 87-17sec.4-32 prohibits any Boat/Trailer over 22 feet in overall length from being parked on a city street. Any boat/trailer less than 22 feet in overall length can only remain on a city street for three consecutive days. Officers will be issuing summons and towing boats/trailers for any observed violations. Calls for Service: 530         Daily Average: 76 November 13, 2016: Sunday Calls for service: 59 Vehicle Stops: 13 Vehicle Accidents: 0 Property Checks: 29  Alarms: 3The Police Department assisted with 3 Fire and 1 EMS callsWarrant, 34th Street, one in custody, at 12:46am November 14, 2016: Monday Calls for service: 57 Vehicle Stops: 7 Vehicle Accidents: 0 Property Checks: 29  Alarms: 1The Police Department assisted with 6 Fire and 7 EMS callsFraud, 200 block Corinthian Ave., at 9:00amAssault, 500 block Atlantic Ave., at 1:23pm November 15, 2016: TuesdayCalls for service: 67 Vehicle Stops: 13 Vehicle Accidents: 1 Property Checks: 19  Alarms: 1The Police Department assisted with 7 fire and 8 EMS callsWarrant, Route 52, one in custody, at 1:36pmVehicle accident, 1200 block West Ave., at 9:28amAssault, 500 block 7th St., at 5:16pmWarrant, 900 block Haven Ave., one in custody, at 9:31pm November 16, 2016: WednesdayCalls for service: 100 Vehicle Stops: 31 Vehicle Accidents: 0 Property Checks: 47 Alarms: 5The Police Department assisted with 3 fire and 8 EMS callsThreats, Mercer Pl., at 12:46pmWarrant, Bay Ave., one in custody, at 9:40pm November 17, 2016: ThursdayCalls for service: 80 Vehicle Stops: 16  Vehicle Accidents: 0 Property Checks: 38  Alarms: 2The Police Department assisted with 4 fire and 4 EMS callsTheft, 400 block Haven Ave., at 5:37pmWarrant, 1000 block Ocean Ave., one in custody, at 7:08pmTheft, Plaza Pl., at 8:24pm November 18, 2016: FridayCalls for service: 81 Vehicle Stops: 19 Vehicle Accidents: 1 Property Checks: 35 Alarms: 2The Police Department assisted with 3 fire and 8 EMS callsWarrant, 900 block Bay Ave., one in custody, at 3:30pmTheft, 500 block Boardwalk, at 3:30pmvehicle accident, 8th St. & Parkridge Rd., at 5:34pm  November 19, 2016: SaturdayCalls for service: 86 Vehicle Stops: 25 Vehicle Accidents: 1 Property Checks: 36  Alarms: 2The Police Department assisted with 4 fire and 4 EMS callsvehicle accident, 55th Street, at 7:42pmPUBLIC SERVICE ANNOUNCEMENTS:Just a reminder that it is a violation of a City Ordinance to have dogs on the boardwalk anytime during the year. Bicycle riders must obey all vehicle laws similar to that of a vehicle. They must stop at stop signs, traffic lights and ride with the flow of traffic.       Bicycle riders are not pedestrians and do not have the same right of way as a pedestrian when crossing the street at an intersection.last_img read more

Press release: Be part of the fourth industrial revolution

first_imgCould you create a road surface that heals itself to make it more resilient for the future? Do you have an idea or product that will help prepare the highways infrastructure for the coming of connected and autonomous vehicles (CAV)?If you or your company has a solution which could help transform England’s motorways and major A roads then Highways England wants to hear from you.The company responsible for maintaining, operating and improving the strategic road network has today launched an ‘Innovation Portal’ to help identify things that could make roads safer for motorists and road workers, improve how information reaches those travelling around or help deliver an ambitious programme of road schemes.The online platform shows just some of the research and development being funded by Highways England through a special fund it has ring-fenced for innovation. These include an intelligent and connected construction plant development to make excavation work safer and more productive, mobile safety equipment to protect our road workers and CAV test bed sites to prepare our network for future vehicles. Paul Doney, Innovation and Continuous Improvement Director, Highways England (pictured). Credit: Highways EnglandLaunching the portal, Paul Doney, Innovation and Continuous Improvement Director, Highways England, said: This is a really exciting time to work in infrastructure and in a world with technology at our fingertips the possibilities for the future are endless. At Highways England we have an ambitious roads programme and we want to harness the good ideas out there to help us build our future network. The new Innovation Portal gives a two-way platform to connect on. It shows everyone the areas that really matter to us and the challenges we expect to face: improving safety for road users and our work force, customer service and delivering our ambitious road programme. If you think you can help us and want to be part of this come and speak with us at Highways England.center_img The company is keen to engage with the industry, small and medium-sized enterprises, research organisations and academic bodies.Highways England also wants people to understand the ‘journey’ their idea or product will go on. Solutions to problems are fed by the discovery stage of research, which Highways England is keen to support. Beyond that it’s about developing new products and services and how innovation can be linked to what customers want; it also needs to deliver value for money. The big challenge is then to ‘land’ innovation and make it business as usual through standardisation.A previous innovation which is now standard is the way Highways England models major improvement schemes. Historically a bespoke model would be built for each scheme, incurring significant cost and time.The new models now provide the opportunity for the traffic model building process to “hit the ground running” with a much stronger information base helping Highways England to deliver projects in a shorter timescale and in turn providing the benefits sooner. Furthermore they have been used to provide information for models developed by a number of local authorities and Sub-Regional Transport Bodies, providing wider benefits to the country.Another innovation in development is looking toward building a real-time simulation of our network using computer gaming technology to improve decision making when assessing the operational impact of incident management or changes to the road layout.Highways England wants to use the new portal to reach outside of the company and show people what it will be like to work with them and maximise opportunities. This could be through funding or connecting idea owners up with others who may be able to work with them.Currently Highways England is supporting over 95 projects across the country with investment from the £150 million special fund for innovation. The portal shows the process for applying, as well as live research and innovation competitions. Anyone who wants to engage with the company should get in touch via the Innovation Portal.Interview opportunity:Paul Doney, Highways England, is available for interview on Wednesday 27 June (afternoon only) or Thursday 28 June, where he is attending the Traffex Seeing Is Believing event. If you are interested in speaking to Paul, please call Kelly Barnes or Andy Broughton, Highways England Press Office on 0844 693 1448 (select Option 1).Note: the “Fourth Industrial Revolution” (see title of news release) is referenced in an independent report “Made Smarter Review” published by Department for Business, Energy and Industrial Strategy in October 2017.General enquiriesMembers of the public should contact the Highways England customer contact centre on 0300 123 5000.Media enquiriesJournalists should contact the Highways England press office on 0844 693 1448 and use the menu to speak to the most appropriate press officer.last_img read more

Watch Full Sets From The Nth Power And Jen Hartswick On ‘Jenth Power Tour’ Opening Night

first_imgPowerhouse quintet The Nth Power and esteemed jazz vocalist and trumpet player Jennifer Hartswick (Trey Anastasio Band) opened a five-show run together at The Acoustic in Bridgeport, CT last night. Dubbed the “Jenth Power Tour,” Hartswick and her band featuring keyboardist Rob Marscher, bassist Dezron Douglas as well as Nth Power members drummer Nikki Glaspie and guitarist Nick Cassarino opened the evening’s festivities with several selections from Hartswick’s upcoming new album before giving way to the Nth Power’s set.Hartswick’s ties with the Nth Power run deep, as it was her late night show at Jazz Fest in 2012 that first breathed life into the band that now includes Glaspie, Cassarino, bass player Nate Edgar, West African master percussionist Weedie Braimah and keyboardist Courtney “Jay-Mel” Smith. During last night’s performance at The Acoustic, the Nth Power ran through several songs from the band’s soulful 2015 album Abundance, including “Walk On Water,” “Soul Survivor,” “Right Now” and “Holy Rain.” In addition, Glaspie dedicated the encore to Daryl Coley, an acclaimed gospel singer who had died earlier in the day.Watch complete show footage of the Jennifer Hartswick Band and The Nth Power last night via TheAcoustic:Be sure to catch The Nth Power at Fool’s Paradise, hosted by Lettuce, from April 1-2 at the St. Augustine Amphitheatre in St. Augustine, FL. Lettuce and The Nth Power will perform, alongside GRiZ, Vulfpeck, Chris Robinson’s Soul Revue, Goldfish, Break Science and more! Info can be found here.[H/T JamBase]last_img read more

Listen To A Free Live Stream Of Radiohead’s Headlining Glastonbury Set Today

first_imgToday, Radiohead will make their return to Glastonbury Festival with a headlining set at the Pyramid Stage. The highly-awaited performance marks the return globally-renowned British band’s return to the UK’s most famous festival, a performance which was announced in October with a photo of the band’s bear logo emblazoned on the grass on the empty festival grounds:Radiohead have become somewhat synonymous with Glastonbury over the years. They have headlined the event twice before (in 1997 and 2003), with both sets considered to be all-time classic Glastonbury performances. They also performed a secret set at the festival’s Park Stage in 2011 when road testing the material from their album The King Of Limbs. Thom Yorke has even been known to pop up at the festival’s many smaller venues and cafes to perform DJ sets as well. The band clearly feel comfortable at Glastonbury, today’s performance promises to be a triumphant return after their last performance on the Pyramid Stage fourteen years ago.Thanks to BBC TV and BBC Radio, even those of us not in attendance will be able to enjoy the performance in real time. For those tuning in from the UK, you can watch live video of the show on BBC TV. For everyone else, you can listen to the audio stream of the concert via BBC Radio, beginning at 4:30 pm Eastern Time. You can catch the stream here. As the radio stream description explains: “Gideon Coe begins a summer of festival coverage with Radiohead live from the Pyramid Stage at Glastonbury Festival. This will be the band’s third time headlining Glastonbury, following historic stints in 1997 and 2003. Listeners will be able to experience all the excitement and build up to the set and reactions afterwards. There will also be live music from Anderson Paak and the Free Nationals, Sleaford Mods and Angel Olson will be joining Gideon for a chat in the studio after her performance on the Park Stage earlier in the evening.”The performance also comes on the same day that the band releases their new box set OKNOTOK in honor of the 20th anniversary of their critically acclaimed album OK Computer. In addition to the remastered tracks from the original album, the special edition will also include three previously unreleased tracks—“I Promise,” “Lift,” and “Man Of War”—and eight B-sides.[h/t – Pitchfork]last_img read more