Home Builder Developer - Interior Renovation and Design
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August 25, 2020 by
Mr HomeBuilder
Skanska has signed a 10-year lease agreement with its own Gothenburg operations to move into just over 5,300 square meters in the Citygate office project in Grda, Gothenburg. The occupancy will begin take place during the summer of 2022.
The office building with its strong sustainability profile will be 36 storeys high, corresponding to 144 meters, and will have a total leasable area of approximately 42,000 square meters. To create additional positive imprint in connection with the project, Skanska, together with the City of Gothenburg, has developed sustainability initiatives where the project takes extensive social responsibility to promote employment among young adults in the neighbourhood. For example, the project has extensive collaborations with schools regarding programs for mentoring and homework assistance. This is a project that also creates healthy workplaces with the ambition to certify according to WELL and LEED.
Skanska is one of the leading development- and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska had sales of about SEK 70 billion and more than 15,200 employees in its Nordic operations during 2019.
For further information please contact:
Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 (0)76899 72 69
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at http://www.skanska.com.
Skanska is a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group's values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 35,000 employees, and 2019 revenue totalled SEK 177 billion.
https://news.cision.com/skanska/r/skanska-in-gothenburg--sweden--is-moving-to-the-self-developed-office-project-citygate,c3179084
https://mb.cision.com/Main/95/3179084/1296559.pdf
https://news.cision.com/skanska/i/image-20200825-se-citygate-gothenburg,c2815042
(c) 2020 Cision. All rights reserved., source Press Releases - English
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Skanska : in Gothenburg, Sweden, is moving to the self-developed office project Citygate - marketscreener.com
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Office Building Construction | Comments Off on Skanska : in Gothenburg, Sweden, is moving to the self-developed office project Citygate – marketscreener.com
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August 25, 2020 by
Mr HomeBuilder
Mosaic Construction, LLC, a full-service design build firm specializing in commercial, multifamily and residential renovation, remodeling, and building services, announced the addition of Neil Power as Production Manager and Jared Maurer as Project Manager to their rapidly-growing team.
Power brings more than 20 years of experience successfully delivering a wide variety of public and private sector commercial and residential projects, including restoration, mid-rise multifamily developments, and new construction luxury single family homes.
In his role as Production Manager for Mosaic Construction and their sister brand Design Construction Concepts, Power will focus on office build outs, non-profit projects, window and roof replacements, as well as residential kitchens, bathrooms, exteriors, and whole home remodels. "Neil's positive attitude, coupled with a career-long focus on project management steeped in trust and integrity putting client satisfaction at the center of his role, makes him an ideal fit for our team," said Ira Singer, Principal at Mosaic Construction.
Mosaic Construction is also pleased to welcome Jared Maurer who has more than 15 years of industry experience as a builder, designer, and owner's representative. After earning his undergraduate degree in architecture, he worked for architecture firms in Pittsburgh, PA and Wilmington, NC, designing single-family homes and small commercial facilities. In 2011, he shifted his career to leading design-build construction projects in the high-end residential, secondary education and commercial sectors.
In his role as Project Manager, Maurer will be working on Mosaic Construction's Cannabis Facility Construction brand and be responsible for all cannabis specific retail dispensaries, processing centers and cultivation facilities, both locally and nationally.
"Jared's focus on realizing each client's design intent, foreseeing use and maintenance of the final project, and developing relationships with trade partners are qualities we value and know will make a great impact on our business," said Singer. "We're looking forward to having both Neil and Jared on our team as we continue to grow to meet the demands of a busy design-build renovation market."
Mosaic Construction offers commercial, multifamily and residential design-build services and is a brand affiliated with Design Construction Concepts and Cannabis Facility Construction. Led by Andy Poticha, Ira Singer and Mike Frazin, Mosaic's teams deliver uncompromising customer service as they realize client visions in locations across the United States. For more information, visit mosaicconstruction.net, dcc-inc.net and cannabisfacility.net.
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Mosaic Construction Adds Two Professionals to its Growing Team - Chicago Daily Herald
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Office Building Construction | Comments Off on Mosaic Construction Adds Two Professionals to its Growing Team – Chicago Daily Herald
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August 25, 2020 by
Mr HomeBuilder
Tenant demand in the office market has been increasingly favoringshorter-term lease deals, a trend that complicates how much buildings are worth.
This shift hascreated more flexibility for tenants who don'twant to be locked into a long-term lease, and it has helped landlords fill spaces in their buildings that may otherwise sit vacant.
Despite the move toward shorter-term leases,officebuildings still achieve higher valuations when they have the stability of long-term leases, and landlords have had to work to make lendersand investors more comfortable with the flexible deals their tenants crave.
Wikimedia Commons/Hakilon
Lease terms can have a variety of effects on a building's valuation, but experts agreed that buildings with longer-term leases are consistently more valuable than ones with shorter deals. But as the market evolves, somesee a growing acceptance of lease flexibility that could increase the perceived value ofmore flexibleleases.
Short-term leases can make a building more valuable by allowing landlords to raise rents and fill space that may otherwise have sat empty. But when landlords try to finance or sell a building, they face institutional capital sources that want the assurance of long-term cash flow.
The trend toward shorter lease termsfor smaller deals has been occurring for years. According to Cushman & Wakefield, the average lease termfor all deals under 10K SF in the U.S. decreased from 81 months in 2015 to 75 months in 2019, and for the first half of this year, it has been 73 months. These small deals make up a majority of the market, with 74% of all office leases since 2015 measuring 10K SF and below.
The coronavirus pandemic has accelerated the trend toward shorter lease terms across all deal sizes as companies are more uncertain about the future of their business and their workplace arrangement. According to JLL, the average lease duration for all deals in the U.S. office market dropped from 6.4 years in the first half of 2019 to 5.4 years in the first half of this year, a 16% decrease.
"What we're seeing is tenants staking a very defensive leasing posture given the level of uncertainty," JLL Senior Director of U.S. Office Research Scott Homa said. "Deal sizes are shrinking, the duration of the commitments is compressing, and transaction volume is down considerably."
In many cases, these short-term deals are signed in pre-built spec suites or shared workspaceareas that landlords have created in response to the coworking movement. Tenants takingthese spaces will often ink three- to five-year leases, rather than the traditional 10- to 15-year deals.
Cushman & Wakefield Senior Managing Director Lynda Gallagher, who leads the firm's Valuation & Advisory Group in the D.C. region, said she started to see the trend toward spec suites with shorter lease terms about five years ago. At that time, she said it was difficult to getunderwriters and financial partners to feel comfortable with the deals because there wasn't much market evidence to prove the concept works. She said that is now starting to change.
"From the underwriting side, there is much more of a comfort level now," Gallagher said about spec suites with short-term leases. "As it has become more acceptable with the market, there are more and more buildings that have it. I'm now surprised when I see a building that has availability that hasn't gone that route."
The shift toward spec suites and shorter-term leases began largely in response to the explosion of coworking, which showed tenantsthe appeal of a flexible office deals, Newmark Knight Frank Executive Vice President Jane Diven said. She said this was especially true for Class-B tenants that don't look for trophy space with top-of-market rents.
"What I was starting to see was part of the tenant segment of Class-B were being attracted to coworking space because of the perceived flexibility that coworking could give them," said Diven, who is a leader inNKF's valuation and advisory team. "To become more competitive, many of these property owners were beginning to do spec suites with common areas clustered around a common tenant lounge area."
The push for shorter-term leases also happened because tenants saw how rapidly their office needs can change with the advent of new technologies, saidCohnReznick principal Patricia McGarr, who leads the firm's Valuation Advisory Services team.
"Shorter-term leases is a trend we're seeing, and part of it is because there has been this shifting in attitude about how things are changing and you don't want to be locked into a 15-year lease when five years out, they invent something new and you don't need all this space," she said.
Tenants have been asking for shorter lease terms for more than a decade, MRP RealtyprincipalZach Wade said, and he said landlords were hesitant because the capital markets preferredlonger lease terms. But now during the pandemic, he said the majority of tenants looking for space are seeking short-term deals, and landlords don't have a choice but to accommodate them.
"A lot of companies are in flux and trying to figure out what their future is," said Wade, who leads the developer's office arm. "The only longer-term deals currently in the market started pre-COVID ... If you want to be relevant, you have to meet the market."
The Upside
While shorter-term leases don't offerthe future stability of their longer counterparts, they do haveseveral benefits for landlords that can helpboost a building's valuation.
If average rentsin the office sectorare rising, short-term leases give landlords the ability to bring their properties up to the market rate every fewyears, rather than being stuck with a long lease that becomes more of a discount over time.
This is especially true when signing leases in an economic downturn, like the one the market faces today. Weak demand in the market creates downward pressure on rental rates that could leave landlords with much worse deals than they could get after the market recovers.Average office rents nationwide decreased by 0.2% during the second quarter, according to JLL, and are expected to drop further.
"There is a positive that when you have short-term leases and they're going to roll two to three years from now, depending on where rents are. This allows owners to realign rents to the market," Gallagher said. "The market right now is soft, and so a lot of deals are being made that will be below market in a couple years."
MRP Realty
The "Town Hall" amenity space at MRP Realty's Westwood Metro Tower in Tysons
Not only can short-term leases allow landlords to adjust to the market more often, but they are often leased at a rent premium, Wade said. Four years ago, MRP launched its Town Hall concept in response to tenant demand for more flexibility. The conceptoffers a series of office suites with common amenity spaces, and the leases typically have three- to five-year terms, Wade said.
"When you are accomodating a tenant's request for a shorter-term deal, whether two or three years, they should pay a little bit of a premium for that flexibility, and we've seen that," Wade said. "We've also seen rents go up in Town Hall on the turn of the space."
With elevated office vacancy in many markets, these short-term leases are often filling spaces that would have remained vacant. While longer leases may be better for a building's valuation, having a short-term lease is much better than having no lease at all.
CBRE Vice President Matthew Solomond, part of the firm's valuation and advisory group in Northern Virginia, said he thinks the trend of spec suites with shorter lease terms came in response to elevated vacancy in the market.
"Landlords are sitting on a lot of vacant space," Solomond said. "If they can build some of it out and get it rented and increase the occupancy of the building, that's better for valuation."
Tenant improvement allowances have become increasingly expensive for landlords, and building out spec suites with shorter lease termscan help them keep those costs down, Diven said.
"If a property owner builds out spec suites, they have more control over construction costs, and instead of doing $100/SF in TI, they may be able to do a suitable space with a $75/SF build-out," Diven said. "If it does roll and the tenant doesn't stay, they can refresh and at that point still control the cost."
The Downside
Despite the benefits of short-term leases for landlords, they still lead toa lower valuation than having a long-term lease in the same space, becauseinvestors and financiers prefer the latter. But some experts say they foresee short-term leases becoming more accepted as the market evolves.
Office buildings are valued based on the average weighted lease term of their full rent roll. Solomond estimated that an office building with an average lease term of 10 years would have a capitalization rate around50 basis points lower than one with a five-year average term.
"It's really difficult to finance deals with short-term leases due to the increased risk and re-tenanting cost," Solomond said. "More often you have to re-lease the space, and it costs you more in tenant improvements, commissions and downtime. That's why [investors] look for longer average lease rates."
Many of the investors that buy office buildings are large institutions that are seeking to park their money into a stable asset with little risk, Homa said, leading them to prefer longer leases.
"You have these offshore entities and sovereign wealth funds and pension companies and insurance companies that drive property markets and view real estate as a bond. Theyjust want stable cash flow," Homa said. "It's just a different place within the risk spectrum to be accepting of these shorter-term commitments and variable cash flows and higher volatility."
Lenders also prefer long-term leases, Diven said, makinglandlords want to keep their average term highif they are looking to refinance a building.
"I know from conversations I've had with institutional owners, they would really prefer not to do short-term renewals," Diven said. "Buildings are much more financeable when they have longer average lease terms, so it's a balancing act."
Cushman & Wakefield Executive Vice Chairman Bill Collins said institutional investors can be comfortable with a certain level of short-term, flexible leases in a building, but they typically do not want that level to exceed 10%.
"Would you want your entire building to be three-year leases? No. But some portion of it is good," Collins said. "I think 10% is a no-brainer. If you've got 10 stories, you have one floor you can build out and put leases in there and make it flexible, and they may morph into long-term leases."
Wade said MRP has had tenants in the town hall space sign longer-term deals after their initial short-term period expires. But he also said these flexible deals shouldn't fill an entire building.
"There is a limiting factor on how much of the shorter-term deals you can have in the building, and we do try to keep it within 20% or less of our assets," Wade said.
But Wade thinks that could increaseas capital sources become more comfortable with short-term leases. If a landlord can prove their ability to consistently re-lease space with little turnaround time, he said financiers can have the same typeof confidence in short-term office leases as they do in apartment buildings with 12-month leases.
"In the future, I think there will be a component of the office assets that will be valued similar to apartments and hotels in that they will look backwards on revenue instead of just looking forward on cash flows," Wade said. "They'll look at your performance on the flexible side and make projections based upon that ... as the office building evolves, I believe it will become a component of how buildings are valued."
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How The Shift To Short-Term Leases Is Changing The Way Office Buildings Are Valued - Bisnow
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Office Building Construction | Comments Off on How The Shift To Short-Term Leases Is Changing The Way Office Buildings Are Valued – Bisnow
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August 25, 2020 by
Mr HomeBuilder
And were back! Today was part two of Y Combinators absolutely massive Demo Day(s) event for its Summer 2020 class.
As we outlined yesterday, this is the first YC accelerator class to take place entirely online, from the day zero interviews all the way on through to their eventual demo day debut. We talked with YC President Geoff Ralston about what it was like to take the program fully remote (and whether or not itll be staying remote for the long run) in an ExtraCrunch interview here.
Nearly 100 companies presented yesterday, and almost 100 more took the stage today. Each company got 60 seconds to pitch an audience of investors, media, and fellow founders and tell the world in many cases, for the very first time what they were building.
Here are our notes on each of the companies that presented today:
CapWay: A mobile bank for the financially underserved. CapWay brings modern banking services to those in regions where only local (and potentially out-of-date) credit unions exist. The company makes money on the processing fee during debit card transactions. Set to launch in 3 weeks.
Supabase: An open source alternative to Googles Firebase. Supabase helps developers by providing a Postgres database with a self-documenting API based around the data inside. 12 weeks post launch, the team says its already hosting over 1500 databases.
BaseDash: The people who know how to edit a database arent always the same people who need to do it. BaseDash lets non-engineers safely manage data as simply as theyd edit a spreadsheet, replacing custom internal tools.
Afriex: If you remember the early days of bitcoin and other cryptocurrencies, the idea that they would be huge for remittances was a regular talking point. Somehow that never took off quite as expected. At least not yet, if Afriex has its way. The startup uses USD-pegged stablecoins to help users to send money to other countries, and its model is catching on: Afriex is currently processing $500,000 per month, which is up 5x in the last three months. If Afriex can take on TransferWise and other services that have scale today, it would do well by itself and make cryptos look good at the same time.
Image Credits: Backlot
Backlot: Meet the collaborative design tool for film and video industries thats billing itself as the Figma for filmmakers. The company boasts that filmmakers can render their entire film in 3D, enabling productions to mitigate a lot of the risk and expenses associated with film production. Blockbusters typically hire teams of humans to do by hand what Backlot offers with its software. The company estimates that its an $11 billion market. Backlot charges $130 per user per month.
LSK Technologies: LSK is looking to tap computer vision to build disease testing hardware (a lab in a box, as they put it) small/fast enough to keep in a doctors office or workplace. The company says its currently running Zika Virus field trials in Latin America, and is looking at how they can bring their computer vision approach in to help tackle the COVID-19 pandemic. They also say theyve seen over $100,000 in pre-orders to date.
Image Credits: inFeedo
inFeedo: inFeedos Amber is an AI bot that chats with employees and aims to predict who is unhappy or about to leave. The team says its already working with 46 enterprise companies, and is cash flow positive with an ARR of $1.6M.
Opvia: Nobody is less satisfied with the data tools available to scientists than the scientists themselves, but theyre not often able to do anything about it. These two, however, decided to make Airtable for scientists, replacing the menagerie of tools old and new, from spreadsheets to MatLab, that researchers use to hold and corral data.
Porter: Remote development environments for microservices. Lets developers set up templates of the dev environments they use, and roll out new remote instances with a click. Currently used by companies like PostHog and Motion.
Plum Mail: Its not an email and chat competitor, its an email and chat replacement. The startup sells a platform that focuses on communication features and scheduling tools. On its website, it says it has 36 other era-defining features that blow e-mail and chat out of the water. The startup launched 6 days ago and has 550 people on its waitlist.
Cradle: SMBs in India often resort to cash or checks because the overhead from online payment systems cuts into their profits. Fortunately new regulations make certain types of B2B payments free there, and Cradle is building a platform on top of these. With no interchange fees and all the usual benefits of instant online payment, this could help supercharge SMBs in this growing market.
Clover: Creatives are still largely stuck living in Google Docs and Word, two pieces of technology that are designed around the history of physical paper and printers and general Office Space sadness. Clover wants to shake the text doc world for creatives on an infinite canvas. The companys product isnt launched yet, so there are no growth numbers to share, but the startup does claim 5,400 folks on its waitlist. Our question is how you get creatives to pay for stuff, as most creatives that we know are out of work. Regardless, down with todays terrible text apps! Lets see if Clover can shake its market up.
Datafold: automates quality assurance of analytical data. Anytime a developer makes a change, Datafold analyzes and verifies the output across your databases. Developers spend hours checking data manually, but incidents happen because theres not a good way to handle all of the changes that go into modern software programming.
Depict.ai: Joining the host of products aiming to help SMBs compete with Amazon in the ecommerce sphere, Depict.ai is building a product recommendation engine to help bring Amazon-quality product recommendation for any e-commerce store. Customers include office bigbox chain Staples.
DigitalBrain: Pitched as Superhuman for customer support agents, DigitalBrain says it can help CS reps get through tickets twice as fast. Currently in 10 paid pilots after launching 6 weeks ago.
Image Credits: Daybreak
Daybreak Health: Online counseling for teenagers. The startup uses a mobile app to connect teens to teen-specialized therapists. It also communicates with parents to figure out a plan for online counseling. Founded by Stanford alums, Daybreak Health is bringing in $6,000 in monthly revenue and claims it is more affordable than private practice. Read more in our story here.
Phonic: Surveys are useful for a million reasons, but the text-based online surveys were all familiar with havent changed much in 20 years, leaving them open to manipulation and fraud. Phonic avoids this by using audio and video responses rather than text or buttons, and the company says this triples response quality and helps eliminate fraud and joke responses. The media are automatically ingested and summarized using machine learning, so no, you dont have to watch/listen to them all.
Dapi: Dapi is a fintech API play that is aimed at facilitating payments between consumer bank accounts and companies. That Dapi has managed to make its service work in seven countries with deep bank support is impressive. And Dapi has found demand for its service, with $400,000 in ARR and growth of more than 50% per month as of its presentation. Of course, that growth rate will sharply decline in time, but everyone knows that fintech APIs can have big exits. Expect to hear more from Dapi.
Reploy: By rolling out staging environments with each code deploy, Reploy lets developers share features with their teams and get immediate feedback. Reploy has $1500 in monthly revenue after launching roughly 3 weeks ago.
Index: Index wants companies to use its no-code dashboard builder to help visualize their KPIs and track performance. The tool boasts integration with a variety of data providers so that users arent forced to manually enter data into another tool. The startup hopes that building embeddable dashboards will help their solution catch fire and that startups will turn to their tool when they want to track progress on goals.
Ramani: Helps distributors in Africa manage their inventory, allowing sales people to catalog and track sales. Currently running 5 pilots, theyve seen $80k worth of sales logged to date.
Spenmo: Framing itself as Bill.com for SMBs in Southeast Asia, Spenmo helps companies manage their payments. The founding team hails from Grab, Xendit, and Uangteman. After launching 5 months ago, it has 150 companies as customers and processed $500,000 in transactions in July.
Piepacker: We can play games together, and we can video chat, but its not actually that easy to play games together and video chat. Piepacker combines video with a collection of licensed popular retro-style games that friends can play together easily. Its simpler than putting together a Discord group but more interactive than just streaming. So far the platform has seen long sessions and engagement.
Farel: Another Shopify for X startup, Farel stood out from the pack by having an idea that wed never thought of: Shopify for regional airlines. The Farel team says that regional airlines those with fewer than 30 airplanes make up 30% of the $600 billion air travel market; Farel wants to offer better software for those airlines, charging $1 per traveller per segment. That sounds super cheap? So far the startup is lining up early customers and partners, so its a bit too early to say if Farel will, ahem, take flight.
PhotoRoom: This promising startup already has over $1 million in annual recurring revenue, thanks to its service that removes backgrounds from product photos. Its grown 50 percent since its launch in February and the simple service belies some pretty interesting technical wizardry with machine learning tools to effortlessly retouch marketing images.
Liyfe: Liyfe is building a telemedicine platform for breast cancer patients to communicate with oncologists and cancer professionals from home. The founders hope that more communication between experts and cancer patients can lead to more thoughtful approaches and outcomes.
Openbase: Reviews and insights to help developers choose the right open-source packages. Founder Lior Grossman previously founded Wikiwand and the open-source project Darkness. According to Grossman, Openbase is already seeing 250,000 developers per month.
Image Credits: Quell
Quell: Quell is eyeing what they see as a $18 billion market opportunity in the immersive fitness gaming market. The startup uses resistance bands to help players get fit while fighting their way through a virtual fitness world. It coins itself as a Peloton meets gaming, and charges a monthly fee to keep content fresh.
Hypotenuse: E-commerce sites need a lot of copy: product descriptions, ads, blog posts and more. This is generally done by copywriters, but the quality (especially if hired from by-the-word content farms) can be hit and miss. Hypotenuse generates high quality copy automatically for a variety of purposes and they claim switching to their system boosts engagement by double digits. The founder has a strong AI background so you can at least count on the science.
Reflect: Testing your website or web service is time-consuming and hard to get right. And if Reflect is correct, the existing tooling in the market to help make web testing better is too complicated for most folks to use. Reflect is a bet that a no-code (buzzword!) tool to automate web testing (desktop and mobile, per its website) will be a hit. The company claims $9,600 in MRR, growing at 30% month-over-month.
Byte: Byte is building on-demand food delivery from virtual kitchens in Pakistan. Using virtual kitchens, Byte can slash the cost of food prep, the company says. Byte is already growing 40 percent week over week. The company makes $1 per order, and says it has a total addressable market in Pakistan of $20 billion to make food delivery cheaper.
Parrot Software: Parrot is building Toast for Latin America, creating a suite of back office tools for restaurants. The software handles all of the expected tasks, including customer payments, ordering, seating and data visualization.
Image Credits: BlaBla
BlaBla EdTech: An app that aims to help the user learn English using short, TikTok-style videos. Founder Angelo Huang says the company has 8,000 weekly active users six weeks after launch.
StratumAI: Artificial intelligence software and technology that helps mining companies figure out where to mine. Stratum charges $2 million per year, per mine and it helps those customers unlock an average of $10 million in profit during the same time period.
Intelline: Diesel generators may sound like 20th century tech, but theyre used everywhere, both by industry and individuals. Intelline has designed a diesel generator that they claim has 40 percent better fuel efficiency, which translates to enormous savings at scale; Mining operations, they note, could save millions per year with better diesel generators.
Ilk: Using a thesis of the childcare pod, Ilk is coming to the rescue of worried parents who need to find better/safer childcare solutions during the COVID-19 pandemic, according to the companys founder. With a childcare pod, two to five families team up to pool resources and pay for a caregiver to care for their kids. The companys service matches parents with caregivers. The very very early stage company has already set up two successful pods in San Francisco and officially launches next week.
Isibit: A platform for managing/overseeing business travel, focusing on companies in Latin America. Allows travel managers to configure travel policies/limits, and offers employees rewards for making affordable travel choices. The team says theyve seen over $10,000 in bookings a month after launch.
QuestDB: Born years earlier as a side hustle being built on nights and weekends, QuestDB is building an open source time series database focused on speed. If the startup pulls it off, it can help companies detect fraud plus plan and predict customer activity at a faster speed than other competitors. The company is currently being tested at a fintech unicorn, and several companies are using it as part of their production processes. Read more on our coverage here.
WareIQ: Companies in India are trying to wean themselves off Amazons infrastructure, but cant match the companys fast shipping. WareIQ is a software platform that links Indias huge network of fulfilment centers and last mile couriers to enable next-day delivery for budding e-commerce sites that would normally only be able to offer 5-15 day shipping.
Kernal Bio: MRNA therapies to cure COVID and Cancer are a pretty compelling business proposition. Kernal Bio says it has developed therapies which rely on using messenger RNA to instruct cells in the body on how to make their own defenses to diseases. The team has an incredible background with co-founders that include a former researcher from Merck whos developed therapies already. A former founder of Santigen and a phD scientist from MIT. The company has already won three awards from Amgen and NASA.
Kosmos: Kosmos is building a control center for a companys microservices, helping developers monitor and debug a web of services inside a unified interface. The company is integrating all of these tools so developers can see updates and track changes without being forced to search in multiple locations.
Matter: Pitched as Superhuman for reading, Matter says it is building an opinionated reading app to help users find better content online. Currently in private beta on iOS.
Ladder: Building a labor marketplace to help construction companies hire skilled workers for permanent positions. Essentially, Ladder works as an HR team that construction companies can turn to for hiring and retention needs. It has 1,340 workers on the platform and booked $12,200 in revenue in the first month of launch.
Letter: Letter is a bank specifically for rich people, made by a newly rich person who didnt like existing banks. Aimed at high net worth individuals with $1-10M in assets, Letter includes features specifically for the wealthy, replacing the pedestrian tools and designs of ordinary banks and credit unions. The team says they earn up to 2% per transaction.
Maytana: Pitching itself as the financial payment center for multinational startups, Maytana makes it easier for multinational businesses to move money using open banking APIs. The company has three customers and is charging a 0.01% fee for money transfers. Theres $10 trillion being transferred around the world and Maytana thinks it can capture a big chunk of that spending.
Safepay: Safepay wants to build a Stripe for Pakistan, crafting a digital payments API in the country where the founders say there are no other major players in this space.
Jumpstart: Helps international founders setup businesses in the US, aiding with things like incorporation and establishing bank accounts. Charging $129-$329 per year, the team says they have 1,280 companies on the service today.
Mozper: A debit card and app for kids and parents in Latin America. The startup is seeking to tailor to the smartphone-carrying youth, sticking with them until adulthood and becoming their de-facto bank option along the way. Mozpers core product is a debit card, which it charges a fee for, and an app. The startup has already raised $1.5 million from investors and friends. Read more with our previous coverage here.
Parade: Parade lets online brands generate tailored marketing content automatically. You fill out a survey about preferred styles and other info, and it generates assets, including social media posts and a style guide for other content all with no human in the loop. Its a big industry dominated by expensive human designers, and Parade feels theres plenty of room for an automated solution like theirs for businesses that cant afford or dont want to deal with the human element.
Nestybox: creating software to enable containers to replace linux virtual machines. Instead of deploying a few heavy VMs on a server, Nestybox lets you deploy a number of containers for the same functionality. There are 30 million deployments which represents a $6 billion opportunity for Nestybox. Containers have already revolutionized programming, now Nestybox is looking to extend that revolution to compute infrastructure.
Here: Here is building personal, shareable, flexible in-browser video chat rooms. Unlike most other video chat startups, the companys founder says theyve built their own video stack. Seeing their website, it definitely has its own unique look, bringing in some 90s website design paradigms with modern video chat.
Image Credits: Roboflow
Roboflow: Helps developers build computer vision models without having to know much about machine learning. Co-founders previously built AR-heavy Sudoku solver Magic Sudoku, spinning the tools and learnings they put together there into Roboflow. The team says there are currently over 1,000 developers using Roboflow each week.
Vena Vitals: Sells a wearable sticker that allows consumers to monitor their blood pressure continuously. Its a replacement for needles, at a fraction of the cost and clinical accuracy. The company is starting out the clinical route, but wants to become the standard for blood monitoring and managing for consumers and hospitals over time.
SafeBase: B2B SaaS companies, of which there are approximately five million in this batch alone, need to be able to show that they meet security standards in a clear, verified way or they risk losing customers. SafeBase aims to be a one-stop status page that provides instant credibility by showing compliance with security standards.
Image Credits: Rume
Rume: Rume wants to make the social video experience better by allowing groups to have multiple conversations in one space. The company says it enables attendees to fluidly move between groups just like they would at a party. So far, the average Rume session is 50 minutes long and the company has integrated games into the Rume. What sets Rume apart, the company says, is that it owns the entire video stack, thanks to the expertise of the co-founders as former developers at Google and Dropbox.
Oico: Oico is a B2B marketplace for construction materials in Brazil. The company is aiming to build the missing infrastructure to help large contractors acquire materials, pointing them to materials providers and facilitating deals. The company takes a 10% slice of transactions, and theyve reached $87k GMV after four months on the market.
Osmind: Millions of Americans suffer with mental disorders that traditional psychiatric and psychological treatments dont address. While experimental treatments have been developed, theyre not being delivered or tracked effectively, thanks to the barriers that exist in practice management, reimbursement, data collection and distribution to pharmaceutical and insurance companies. Osmind wants to use its practice management and monitoring software to help mental health professionals deliver care to this population thats most in need and provides anonymized insights for pharma/insurance companies to ensure that these treatments are effective. Find our previous coverage of Osmind here.
Todos Comemos: A ready-to-cook meal kit delivery service for Latin America. The company sources food from production facilities that serve restaurants and hotels and is able to turn over meal kits at a cheaper price, with a 30% margin after delivery costs are accounted for.
Orchata: Grocery stores and other food suppliers in Latin America rely on outdated methods like paper/pen for things like ordering and delivery, if they offer it at all. Orchata wants to be the Shopify for online grocery ordering in the region, enabling these small businesses to list items and receive orders online, accept payments, optimize delivery routes, and so on. The company says 1.7M people can be served at their current pricing, which suggests its a bit expensive for most, but really, thats true of Instacart and others as well.
Speedscale: Another programming dev tool to make life easier, Speedscale simulates APIs using actual traffic. Founded by former leaders of engineering and developer solutions at companies like NewRelic, Speedscale solves the problems of code oversight that even companies built with state of the art cloud services have to face. Development updates are often impossible to test due to too many dependencies, but Speedscale says it validates each component with real traffic. The company already has Digibee as a customer and hopes to roll up each of the 11 million developers programming with APIS, which would represent a $6.5 billion market opportunity.
Stacker: Stacker is another startup aiming to upscale the spreadsheet with no-code functionality, allowing the companys users to turn spreadsheets into internal apps and customer portals. The software pushes customers to let data drive designs and turn manual processes into automated ones. The company has more than 250 customers including Google and Amazon.
Epihub: Another Shopify for X! This time its Shopify for anyone teaching online. Epihub is a platform meant to help online instructors schedule/run classes and charge students. 3 weeks after launch they have 50 paid instructors on the platform, with an MRR of $1k.
Notabene: Helps businesses perform crypto transactions in a regulatory compliant way. The startup wants to be the trusted layer on top of blockchain for sharing information. The market is looking to cash in on the new global regulations on crypto that is driving adoption but, at the same time, confusion. In 3 weeks, it landed 10 signed customers.
Bits: Bits helps people build their credit score by providing them with a digital credit card that they pay off every month. Sure, you could do it yourself, but why not have a service that helps you out? In nine months the company has attracted 10,000 paying customers and collected $1.9M in revenue, and some customers have seen their credit scores jump by hundreds, so clearly theres something to it. The founder hopes that this straightforward beginning will be the basis for a new, more full-service billion-dollar fintech company.
Oco Meals: Delivering prepared meals made by local catering companies has already nabbed Oco Meals 25,000 in monthly recurring revenue. Unlike most delivery businesses, Oco Meals delivers pre-ordered food in bulk once a week. The company boasts that its able to give customers better pricing at half the cost and still make $25 per order.
Response: Response is another YC startup thats focused on the response to COVID-19. The startup is building a network for PPE in the United States allowing suppliers to bid on customer requests. The startup hopes that they can further scale this infrastructure beyond PPE in the future and eventually become Alibaba for the United States.
RingMD: Helps governments quickly roll out telemedicine in their countries. Currently working with customers in Chile, the Philippines, and India while charging $3 per user per year, founder Justin Fulcher pins their ARR at $632,000.
CarbonChain: A way for companies to automate the arduous process of tracking their carbon emissions. The company, which is profitable, has landed 5 paying customers with $280,000 in annual recurring revenue. CarbonChains success hinges on more than just the benevolence of business leaders. Its betting on government regulation as a catalyst for companies to care (and transform) their carbon emissions. Read our coverage here.
Panadata: Background checks are an ordinary part of doing business everywhere in the world, but the data is fragmented across multiple government databases and other document hoards. Companies have emerged to sift through the mess in the U.S. and E.U., but Latin America provides a unique challenge and Panadata hopes to tackle it. Its automated check system is already in action and in use by banks, law firms even the local governments in charge of the data it uses.
Image Credits: Venostent
Venostent: Venostent, the company thats developing a novel material for stents and vascular reconstruction and stenting surgeries, has already won prestigious prizes from HHS and the NIH and will be beginning a clinical trial this year. The company has a $5 billion market opportunity ahead of it in just its initial market alone and it has 92% gross margins. Read more about our coverage on this company here.
NeXtera Workforce: NeXtera is building a software platform to help factories integrate robotics into their processes in days instead of months. The AI platform is focused on deployment, monitoring and tech support to help optimize rollouts. Early customers of theirs include Dunkin Donuts and Tesla. The founders are MIT alumni with backgrounds in AI and cybersecurity.
Finch: An API to help developers tap into payroll systems (like ADP, Gusto, Rippling, etc) with three lines of code, enabling them to do things like verify income, set things up for direct deposits, pull paystubs, and confirm employment.
Scrimba: An online, personalized coding school coming out of Oslo, Norway. Scrimba teaches students coding through interactive videos that are pre-recorded. Students are able to actively code throughout the videos, and so far Scrimba has worked with students from over 100 companies.
Tangobuilder: Taking an architects designs from concept to construction-ready blueprints is an expensive, complex job done by structural engineers and other experts. Tangobuilder automates the process, saving time and money for example, they claim one hospital project was 2 months faster and $1.5M cheaper because it used their platform. You can read our coverage of Tangobuilder here.
Frontline: How about a startup that gives developers no matter their security experience NPCI compliance? Thats Frontline. The company already has $22,000 in monthly recurring revenue and is growing 42% monthly. Already 20 Fortune 500 companies are using the companys service. Typically the process to deploy a secure virtual machine takes 100 hours to complete. Frontlines service is an obvious and affordable choice to get that chore off of developers plates. The company estimates that its service represents a $4 billion market.
Synth: Synth is building a platform for creating compliant, realistic fake data for application development, cloning existing databases while synthesizing the specifics. The startup believes its approach will help promote better data privacy and compliance with regulations while still maintaining accuracy.
Sutra: Looking to help the countless fitness instructors put out of work by COVID gym closures, Sutra charges $25 per month with a 3% transaction fee to help instructors host live fitness classes and sell videos/monthly memberships. Their platform can be integrated into your existing website, or they can provide a landing page.
Trident Bioscience: Sells software that helps biotech companies design proteins with recent breakthroughs in mind. The company has predictive models that help customers decide which kinds of proteins should be made. The founder, Tyler Shimko, has a PhD in genetics from Stanford. Trident is currently working with 2 biotech companies.
TyltGo: Brick and mortar stores and small online retailers want to provide same-day delivery, but would prefer not to own a bunch of trucks. TyltGo provides same day delivery service on demand, batching orders from multiple retailers to optimize routes, lower costs, and reduce the need for warehouse space.
Tappity: The company bills itself as the interactive Netflix for kids. It already has 5,000 subscribers and $55,000 in monthly revenue. Its picking up 20,000 free downloads per month and has no marketing spend something thats a valid selling point given the high costs of consumer customer acquisition. Customers pay $8 for the service and with 25 million kids in its target market thats a $2.5 billion market opportunity. Its already the number one science app for kids on the app store and the company plans to add classes for programming, history math and art. The goal, the company says, is to build a veritable Library of Alexandria of interactive lessons that kids are curious about.
Ukama: Ukama is building technologies to allow any enterprise to create their own LTE-based cellular network. The founder says that this approach can reduce network bills, increase security and provide more accessibility to on-campus users. The CEO previously founded another cellular network startup that was acquired by Facebook.
Biocogniv: Builds AI-powered software to help hospitals diagnosis patients, analyzing their EHR (electronic health records) in real time. Currently focusing on predicting COVID outcome, they will soon expand to screening for signs of sepsis and pulmonary embolisms.
Image Credits: Drip
Drip: Rather than a restaurant running on a collection of disconnected pieces, Drip provides what it claims is the only piece of software a restaurant needs to run its entire business. That means POS, employee scheduling, payroll and more. With lots of restaurants modernizing their methods during the pandemic, Drip has grown from doing $10k/month in business in June $600K in August.
Henry: Bringing the income sharing model to Latin America to help potential students pay for their education, Henry is a company that thinks its in the right region at the right time. It already has more than 500 students and its serving an incredible need given the flood of demand coming from tech companies in the region. The college and university system is broken, Henry argues, and its got the education opportunity for new developers. Thats why we created Henry. To unlock potential and bring high quality education with an income share model.
Batch: Batch is building a Time Machine for corporate data. The startups tools allow customers to observe and replay data inside messaging systems to help them quickly diagnose outages and data disasters and revert changes.
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Here are the 94 companies from Y Combinators Summer 2020 Demo Day 2 - TechCrunch
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August 25, 2020 by
Mr HomeBuilder
Real estate brokerages in Los Angeles and elsewhere have made shifts in their business over the last five months that could be for the long-term.
In early April a dejected-looking Kurt Wisner posted a video in front of an empty van.
Ive got a van parked down here by the L.A. River and its Tuesday, said Wisner, a Compass agent who runs the Courtney & Kurt team. Tuesday is typically a day where we do our broker caravan.
We tell stories, we tell jokes, and its just a great time to be human, Wisner said to the camera. But today, as you can see, the van is empty.
L.A. residential real estate agents lost a fundamental part of their routine when statewide orders issued in March shut down the weekly home caravan tours as well as Sunday open houses.
The stay-at-home orders Gov. Gavin Newsom issued are now five months old.
Throughout this unprecedented disruption to the norms of residential real estate, brokers have tried to stay positive. Theyve discussed pent-up demand and how the Covid-induced recession has let them learn new skills, and freed up time for phone and Zoom calls with clients.
When sales fell in April and May, such optimsm seemed like public relations damage control. But now sales really are up 22 percent in L.A. County year-over-year for July, with sales records being set nationally, according to National Association of Realtors figures. Brokers made adjustments big and small that were unthinkable in February.
Theres layers weve been able to peel off, said Tami Halton Pardee, CEO of Halton Pardee & Partners.
What has stayed and what has changed may come as a surprise. Heres whats in and whats out for residential brokerages in L.A. and elsewhere:
In: Managing the virtual office
When offices shut down in March, many agents, ironically, turned to their office manager.
My manager has been really good at navigating the different reality that we have had, said Alicia Dry Cohen, an agent at Nourmand & Associates. Cohen says her manager, Carolyn Rae Cole, has kept us up to date on issues like applying for unemployment and contract verbiage.
Office managers including Howard Lorey of Nourmand & Associates swear theyve done more work during the pandemic. My job has been more intensely busy since March, Lorey said. I am helping agents redefine their roles.
Spencer Krull, manager broker of Sides Southern California offices, said hes spent an inordinate amount of time providing legal guidance to his agents.
The big difference now is that managers are supposed to be experts in government orders from the state, counties, and cities, Krull said. Agents are asking questions like, How long do I have to wait to do the showing if the seller was exposed to someone with Covid?
To an outsider, the facilitative role of office manager with no sales track record, or leadership decisions is hard to measure.
When Compass laid off 15 percent of all its employees in March, a notice filed with the California employment department revealed that managers of various titles agent experience, construction, strategic growth, associate marketing got a pink slip.
But office managers interviewed say those positions are not like managers at other brokerages (numerous messages left with Compass went unreturned). Traditionally, there is one manager per office, and they are jack-of-all-trades, doing sales training, contract, deal doctoring, legal, and administrative, said Colin Keenan, the managing broker of Westside Estate Agency.
The majority of brokerages maintain the practice of one do-it-all manager per office. But some bigger brokerages created an alternative of specialists, a strategy Keller Williams is credited with pioneering. The Austin-based brokerage began shifting 15 years ago from all-purpose managers to specialists with specific tasks like legal compliance or accounting.
Keller Williams moved to specialists, and Compass has adopted some of that model as well, Keenan said.
Both brokerages have managers focusing on one area, like an accountant who handles the books at multiple offices.
But big brokerages experiments with the office manager role seems to have hardened boutique shops resolve in sticking with the do-it-all manager.
As a deal doctor, legal liability navigator, and sales trainer, office managers are imperative to working in todays market, said DJ Grubb, broker of Oakland boutique Grubb & Co.
Out: The physical office
Brokerages are slowly reassessing their physical presence.
Coldwell Banker, the top L.A. County residential brokerage by sales volume in 2019, made office cutbacks amid the pandemic, though Duran said the firm has no plans for closures for the foreseeable future at the 61 offices it leases in Southern California.
Meanwhile, Coldwell Bankers national rival, Keller Williams, is openly rethinking office space.
The market center of the future will almost certainly consist of smaller physical footprints, said Matt Green, director of growth for Keller Williams. Covid and other market shifts we have experienced continue to show us that office space isnt core to our value proposition.
When agents need to cut costs, Green added, Office space is one of the first things to go.
Sill, Keller Williams has not announced office closings amid the pandemic.
You are not a very good real estate broker if you are in the office anyway, said Suzanne Hollander, professor at the Jerome Bain Research Institute at Florida International University. Many agents just collect their commission check, and fill out some paperwork there.
Despite that, Hollander noted, brokerages from Fisher Island to Beverly Hills have spent millions of dollars on glamour offices.
Realogy, the parent company of Coldwell Banker, Corcoran and Sothebys, listed $491 million in operating lease assets in its latest SEC quarterly report (down from $515 million at the end of 2019).
Coldwells portfolio of over five-dozen California offices include leasing a whole floor at 166 N. Canon Drive in Beverly Hills, an office building in the heart of the tony 90210 ZIP code.
Within walking distance are offices rented by Compass, The Agency, Hilton & Hyland, and Douglas Elliman among other brokerages.
According to the L.A. County assessors office, the building Elliman rents at 150 El Camino Drive has a market value of $40 million. Elliman glammed up the space, and used it on reality TV to market the brokerage, a practice employed by other shops like Oppenheim & Associates and its West Hollywood office.
But when the cameras shut off, offices play a small role. Over the past five to 10 years, Id say the majority of agents spend their time working from home or Starbucks, so a lot of the day-to-day has been over the phone for a while, said Krull of Side.
Agents interviewed basically said the same. The atmosphere and camaraderie there can be great, said one agent. So great that the agent comes into the office, Only when I have to.
Side is distinctive for making agent teams bear the cost of office space. But other brokerages may also find alternatives to the traditional office lease.
Pardee noted her brokerage owns offices in Venice and Culver City on L.A.s West Side. Thats what brokerages should do, buying our own buildings, she said.
Halton Pardee & Partners does one lease one office building in Palm Springs, but the broker says that office might not be worth the trouble. We are looking to go down from three offices to two, Pardee said.
In: Matterport tours Out: The caravan
A key layer Pardee has peeled off is physical sales departments. The broker furloughed two staff members who work on physical sales, and sold one of the two trucks used to transport brokers and got rid of most physical advertising.
Other expenses associated with caravan tours and open houses were also jettisoned.
These were events where everyone got dressed up and it was a time for agents to interact with each other, Krull said.
Sometimes the price of a home could be discerned by the open house spread. Some would have cookies, some would have champagne and cookies, and some would have champagne and sushi, noted Hollander, the real estate professor.
Virtual tours have replaced open houses as the entry point to a new house on the market for brokers and clients alike.
The Sunnyvale, California, company Matterport, which makes immersive 3-D technology, has become an adjective and verb in the brokerage world just as Zoom has for many other businesses.
One thing we added was Matterport tours, Pardee said. We can actually walk people through the house.
Like other brokers interviewed, Pardee has seen such adjustments teaching agents a whole new technology, and the structure by which a home comes onto market as just another cost of doing business.
Residential brokerages could be given a credit as a flexible and resourceful business or one that used a global catastrophe to learn what was really essential to selling homes.
Its a people business, Hollander said. But communicating virtually you can establish some of those same relationships.
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Survival of the slimmest: TRD looks at the future of the residential brokerage - The Real Deal
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August 25, 2020 by
Mr HomeBuilder
Built in 1928, abandoned in 2000, and meticulously disassembled in 2016, the Loblaws Groceterias warehouse at Bathurst Street and Lake Shore Boulevard West in Downtown Toronto is soon to be reborn in both the figurative and literal sense as part of Choice Properties'West Block Est. 1928retail and office complex. Four years after the building's brick-by-brick disassembly and cataloguing, a process overseen by heritage expertsERA Architects,the rebuilt and expanded buildingincluding anarchitectsAlliance-designed office structure atop the reconstructed heritage facadesis now preparing to welcome its first tenants.
Looking northeast to West Block, image by Forum contributor Red Mars
Among the businesses set to populate the retail space is namesake grocery store Loblaws, who are just days away from opening their new flagship at this location. Signage for Shoppers Drug Mart has also appeared in recent weeks, while clothing retailer Joe Fresh is also gearing upto open its doors in the building.
Looking northwest to West Block, image by Forum contributor Red Mars
The completed reconstitution of the exterior walls includes restored brick and limestone finishes(which we covered in greater detail in anearlier article covering the project).Another more recent detail that has added to the overall aesthetic is the addition of medallion motif window blinds on the second and third floors of the reconstituted warehouse, prominent along the main Lake Shore Boulevard elevation.
Looking north to West Block, image by Forum contributor Red Mars
Loblaws will occupy 4,000 ft of the ground floor, while Shoppers will occupy 12,000 ft, and Joe Fresh6,400 ft. Loblaws is taking the entire 45,000 ft footprint of the second floor, along with a 1,650 ft mezzanine above. In total, there is 101,378 ftof retail and 160,989 ft of office space at the site. Along the ground floor's Lake Shore Boulevard frontage,smaller spaces are set to include a 1,400 ft cafe and an 1,800 ft office lobby.
Meanwhile,thetwoIBI Group-designed condo towers developed byConcord Adexto the north are also wrapping up construction. Known asThe LakeFront and The LakeShore, the 37 and 41-storey towers are now welcoming their first residents, evidenced by a sign along Bathurst directing residents to a pickup location for their suite keys.While the towers are practically complete, work continues on various elements at the base of the towers, including a two-storey restaurant space set to front Bathurst Street in the base of the west condo tower.
Looking east across Bathurst Street to condo towers, image by Forum contributor Red Mars
Other finishesare beling applied to other retail spacesalong Bathurst andbelow the Gardiner Expressway in a couple of standalone buildings, with a group of four commercial retail units sized at 913 ft, 1,653 ft, 7,599 ft, and 8,858 ft.
Panorama looking northeast from condo drive aisle, image by Forum contributor Red Mars
The Loblaws and Shoppers Drug Martare currently aiming for an August 28 opening.
Additional information about this development can be found in our Database file for the project, linked below. Want to join the conversation? Check out the associated Forum thread, or leave a comment in the space provided on this page.
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UrbanToronto has a new way you can track projects through the planning process on a daily basis. Sign up for a free trial of our New Development Insiderhere.
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Loblaws About to Return to West Block Retail, Office, and Residential Complex - Urban Toronto
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August 25, 2020 by
Mr HomeBuilder
Press Play Media LLC
The husband and wife couple behind HGTV series Stay or Sellhave sold their Edina home, but won't be moving too far away.
Heather and Brad Fox announced to their Facebook followers this past week that their $1.25 million home on Dawson Lane was on the market.
It didn't stay on the market for long either, with Heather Fox confirming to BMTN that it has since been sold to a "very sweet fam!"
The couple have made a name for themselves and risen to national prominence for their stylish home remodels in the Twin Cities, having transformed what was a rambler on Dawson Lane into the 4,035-square-feet two story family home after buying it in 2016.
The five-bedroom house was finished with custom walnut cabinets, Cambria quartz countertops and a walk-in pantry in the kitchen, an open staircase with oak slab stairs, an office, and a children's playroom.
Now they've got their sights on another labor of love, having bought "another project house" just a few blocks away on Lake Cornelia.
Heather says selling their home is "bittersweet," with work on their new one expected to take up to a year.
It's been a busy year for the Foxes despite the pandemic, having also opened their studio and lifestyle shop, Foxwell, at 44th and France in Edina.
The pair are also hoping to return to HGTV screens soon, though the virus has delayed a potential second series of Stay or Sell.
Buying or selling? Find a realtor using BMTN's directory
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Gallery: HGTV stars Heather and Brad Fox sell their $1.25M Edina home - Bring Me The News
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August 25, 2020 by
Mr HomeBuilder
Countertop Microwaves Market Trends, In-Depth Research on Market Size, Emerging Growth Factors, Global 2020 Trends and Forecasts 2025
The Countertop MicrowavesMarket report is one of the most comprehensive and important dataabout business strategies, qualitative and quantitative analysis of Global Market.It offers detailed research and analysis of key aspects of the Countertop Microwavesmarket. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Countertop Microwavesmarket.
The researchers have considered almost all important parameters for company profiling, including market share, recent development, gross margin, future development plans, product portfolio, production, and revenue. The report includes detailed analysis of the vendor landscape and thorough company profiling of leading players of the Countertop Microwaves market.
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Top Leading players covered in the Countertop Microwaves market report: GE, Sharp, Whirlpool, Magic Chef, Panasonic, Oster, Danby, Westinghouse, RCA, Frigidaire, Avanti, LG Electronics, Farberware, KitchenAid, Samsung, Nostalgia Electrics, Impecca, Sunbeam, Summit, Cuisinart and More
Key Types:Single DeckDouble Deck
Key End-Use:HouseholdCommercial
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The latest report added by Market Info Reportsdemonstrates that the global Countertop Microwaves market will showcase a steady CAGR in the coming years. The research report includes a thorough analysis of market drivers, restraints, threats, and opportunities. It addresses the lucrative investment options for the players in the coming years. Analysts have offered market estimates at a global and regional level.
Major Points Covered in TOC:
Overview: Along with a broad overview of the global Countertop Microwaves market, this section gives an overview of the report to give an idea about the nature and contents of the research study.
Analysis on Strategies of Leading Players: Market players can use this analysis to gain competitive advantage over their competitors in the Countertop Microwaves market.
Study on Key Market Trends: This section of the report offers deeper analysis of latest and future trends of the Countertop Microwaves market.
Market Forecasts: Buyers of the report will have access to accurate and validated estimates of the total market size in terms of value and volume. The report also provides consumption, production, sales, and other forecasts for the Countertop Microwaves market.
Regional Growth Analysis: All major regions and countries have been covered in the report. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.
Segmental Analysis: The report provides accurate and reliable forecasts of the market share of important segments of the Countertop Microwaves market. Market participants can use this analysis to make strategic investments in key growth pockets of the Countertop Microwaves market.
For More Information:https://www.marketinforeports.com/Market-Reports/155789/Countertop-Microwaves-market
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Contact Us:Mr. Marcus KelCall: +1 415 658 9988 (International)+91 84 839 65921 (IND)Email: [emailprotected]
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Huge Growth of Countertop Microwaves Market and its Latest Trends, Demand, Opportunities and Forecast to 2025|GE, Sharp, Whirlpool, Magic Chef,...
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August 25, 2020 by
Mr HomeBuilder
Nashville Tennessean Published 5:00 a.m. CT Aug. 24, 2020
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5641 Cloverland Park Drive, Brentwood 37027
Year built: 2002
Square feet: 3,735
Price: $599,000
Description: Four-bedroom, four-bathroom brick home is on one level with full walk-out basement. Home has lower level office, open floor plan, storage areas in unfinished portion of basement.Home has screened deck and patio.
5641 Cloverland Park Drive, Brentwood 37027(Photo: Homes.com)
More photos:https://www.homes.com/property/5641-cloverland-park-dr-brentwood-tn-37027/id-600027828587/
GET THE LATEST UPDATES:Download the free Tennessean app on your mobile device.
5468 Old Hwy. 96, Franklin 37064
Year built: 2006
Square feet: 2,000
Price: $599,000
Description: Three-bedroom, two-bathroom home is on 1.3 acres and less than 1.5 miles to downtown Leipers Fork. Home has new kitchen, both bathrooms, new hardwood floors on main floor, new carpet upstairs, new deck. Master bedroom is downstairs, and two bedrooms are upstairs. Home has French drain and encapsulated crawlspace.
5468 Old Hwy. 96, Franklin 37064(Photo: Homes.com)
More photos:https://www.homes.com/property/5468-old-96-franklin-tn-37064/id-1000081680759/
1006 Harwick Drive, Franklin 37067
Year built: 2004
Square feet: 4,169
Price: $599,000
Description: Four-bedroom, four-bathroom brick home in Providence subdivision has open floor plan, new roof and gutters, quartz countertops, stainless steel appliances and new light fixtures. Home has screened patio and fence in back.
1006 Harwick Drive, Franklin 37067(Photo: Homes.com)
More photos:https://www.homes.com/property/1006-harwick-dr-franklin-tn-37067/id-600029298811/
Read or Share this story: https://www.tennessean.com/story/news/local/williamson/brentwood/2020/08/24/homes-what-599-000-can-buy-williamson-county/5618068002/
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Homes: What $599,000 can buy in Williamson County - Tennessean
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August 25, 2020 by
Mr HomeBuilder
There are many options for remodeling your home, from a light remodel such as painting and new flooring, to a major remodel that adds living space. Since the home is the largest investment most people will ever make, it is smart to know where to spend your money. And, since the kitchen is the heart of the home, its no surprise that the kitchen is just the place to begin.
The REALTOR ranking of interior projects most likely to add value lists these top three items:
So, a kitchen remodel, from total to partial, accounts for two of the top three ways to add value to your home!
According to Remodeling Magazines 2019 Cost vs. Value report, homeowners recoup approximately 60% to 80% of their costs on a kitchen remodel upon resale. In a hot real estate market like we currently have in Middle Tennessee, you may see an even higher return as long as the remodel is tasteful and on-trend.
If you are considering a partial remodel, dont make the mistake of adding new appliances or countertops to low quality cabinets. Its like putting lipstick on a pig, and you know what they say about that! Just as your home has a foundation for the structure to be built on, the cabinetry is the foundation of your kitchen. Dont scrimp and throw good money after bad by updating everything but old, low quality cabinetry. This will not add value to your home. A potential buyer can even be turned off by the thought of having to rip out new counters placed on old cabinetry.
If your existing cabinetry is high quality and you like the layout, you might suffice with a refresh of new hardware and countertops. Along with painting the walls, these items could yield good results, adding potential value.
We find many older kitchens are low on function and aesthetics. So, a complete remodel would not only yield the highest return on resale, but can also become an investment in the enjoyment of your home. This is really the main motivation to remodel a kitchen in the first place!
Contact Frenchs Cabinet Gallery, LLC to begin the process. Call now to schedule an appointment with one of our experienced designers: 615-371-8385.
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Adding Value To Your Home Through A Kitchen Remodel - rutherfordsource.com
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