Omaha sees resurgence of townhome-style improvement

October 8, 2021October 8, 2021 by

Joe Henkin and his wife absolutely love their Dundee townhouse. “You have trees, you have a lot of sun. It’s a great place, ”said Henkin. Floor-to-ceiling windows let a lot of light into the living area. The house is modern in design, tucked away in an area with mature trees and diverse architecture. The Henkins have gotten close to their neighbors. And they enjoy the walking distance to cafes, a cinema, the library and more. “It’s a great community, and everything you need is really, within walking distance, or very, very close by,” said Henkin. Billy Coburn is an urban real estate agent at Better Homes and Gardens. He has represented several new rowhome-style projects. Coburn said there is a resurgence in the development of row houses and townhouses in Omaha that the city has not seen since the early 2000s can enter any area of the city, particularly with entertainment district destinations, “Coburn said. Coburn said all units of the 49th and Farnam, where the Henkins live, sold before the project was even built. “We’ve had a lot of appeal here for Dundee, from families who grew up here and have come back to families who aren’t new to the area Home, and they have decided that it would be their future home too, for their children too, “he said. Coburn said the limited population and the desire to live in urban core neighborhoods are not the only factors that drive sales of these homes. Some find the new build and low maintenance attractive. Coburn pointed to another project at 64th and Center, which has also been completely sold. He also represents a project under construction in the Blackstone neighborhood, where six townhouses are planned in 38th and Dewey. “There is demand for all price ranges,” said Coburn. In addition to consumer demand, Coburn noted that the city of Omaha has urban density programs designed to bring these types of homes near transit routes. He also said that this type of house can be cheaper. “The inventory is low and the cost of land is high and the cost of construction is extremely high, so there tends to be more townhouses built than condominiums. Because once you throw an elevator into a small residential complex, the cost increases,” said Coburn. According to Omaha’s planning department, in 2019 the city received 52 building permits for single-family houses – like townhouses – in 2020 that number rose to 118 and by 2021 there are 177. Coburn said the riverside revitalization will only add, “There are numerous new developments that are being introduced and released, and that is going to have a huge impact on Omaha, “he said. As for the Henkins, from the house itself to the neighborhood, that choice was easy to make. “You could feel that when we moved in,” said Henkins.

OMAHA, Neb .–

Joe Henkin and his wife love their Dundee townhouse.

“You have trees, you have a lot of sun. It’s a great place, ”said Henkin.

Floor-to-ceiling windows let a lot of light into the living area.

The house is modern in design, tucked away in an area with mature trees and diverse architecture.

The Henkins have become close to their neighbors. And they enjoy the walking distance to cafes, a cinema, the library and more.

“It’s a great community, and everything you need is really, within walking distance, or very, very close by,” said Henkin.

Billy Coburn is an urban real estate agent at Better Homes and Gardens. He has represented several new rowhome-style projects.

Coburn said there is a resurgence in row house and row house development in Omaha that the city has not seen since the early 2000s.

“You are starting to see that our market is really on fire, maximizing land use for the number of residents they can get in an area of the city, especially with entertainment destination areas,” Coburn said.

Coburn said all units of the 49th and Farnam, where the Henkins live, were sold before the project was even built.

“We’ve had a lot of appeal for Dundee here, from families who grew up here and are returning. We also have families who couldn’t find a new home in the area and they’ve decided that this is their future.” at home, for their children too, “he said.

Coburn said the limited inventory and desire to live in urban core neighborhoods aren’t the only factors driving sales of these homes.

For some, the new building and the low maintenance requirements are attractive.

Coburn pointed to another project at 64th and Center that is also fully sold.

He also represents a project under construction in the Blackstone neighborhood, where six townhouses are planned in 38th and Dewey.

“There is demand for all price ranges,” said Coburn.

In addition to consumer demand, Coburn noted that the city of Omaha has urban density programs designed to bring these types of homes near transit routes.

He also said that this style of living can be more cost effective.

“The inventory is low, the land costs are high and the construction costs are extremely high, so more townhouses and terraced houses are being built than condominiums. Because once you throw an elevator into a small apartment complex, you add to the cost, “Coburn said.

According to the Omaha Planning Department, the city received 52 building permits for single-family homes – such as townhouses – in 2019.

In 2020 this number jumped to 118 and by 2021 there will be 177.

Coburn said the riverbank revitalization will only add to the momentum.

“There are numerous new developments that are being introduced and released and that will have a huge impact on Omaha,” he said.

As for the Henkins, from the house itself to the neighborhood, that choice was easy to make.

“You could feel it when we moved in,” said Henkins.

Japan Sees Cryptocurrency Sellers as A part of Anti-Cash Laundering Plan, Prime Monetary Regulator Says

August 4, 2021 by

Japan’s leading financial regulator said its planned anti-money laundering platform could include cryptocurrency traders, who it believes have the same obligation as traditional financial institutions to ensure they don’t deal with criminals.

The Financial Services Agency has announced that it will create a common industry-wide system that financial companies can use to assess whether their customers are terrorists and whether customer accounts are at risk of money laundering.

“Insofar as they are prohibited from trading with sanctioned people, cryptocurrency dealers are the same as banks,” said FSA chief Junichi Nakajima in an interview with the Wall Street Journal.

“Because we have the same list of international terrorists, it would be cheaper and more accurate if we create a common system instead of doing it from individual financial firms,” said Nakajima, who took up his post in July.

Mr Nakajima said his agency expects to have a plan for the new platform by the middle of next year.

SpaceX is shedding cash on its Starlink terminals, however sees decrease prices forward – TechCrunch

June 29, 2021 by

It may take a while for Starlink to reach profitability. The SpaceX project, which aims to deliver global high-speed broadband over a satellite network, sells its beta kits to customers for around $ 500, although it is much more expensive to manufacture, CEO Elon Musk said in an interview on Tuesday.

The kit contains a user terminal, a type of dish that connects the customer to the satellites and enables broadband access. “To be completely honest, we’re losing money at this terminal,” he said. “This terminal costs us more than $ 1,000, so of course I’m subsidizing the cost of the terminal.” He added that SpaceX is working on a next-generation terminal that can provide the same functionality but at a lower cost.

SpaceX’s total investment in the project could be anywhere from $ 5 billion to $ 10 billion initially and up to $ 30 billion over time as the company continues to make improvements and remain competitive with cellular technology improvements, he said.

Musk, who made these comments during a virtual keynote at the Mobile World Congress in Barcelona on Tuesday, also shared more details on the current status of Starlink. The project is well on its way to having over half a million users in the next 12 months, he said, and is operating in about 12 countries, with “more added every month”.

SpaceX is also about to launch version 1.5 of the satellite, which will feature laser intersatellite links to ensure continuous connectivity over high latitudes and polar regions. Next year the company will be releasing version 2, “which will be significantly more powerful,” noted Musk.

Starlink satellites roam the observations of a telescope. Photo credits: SpaceX

The project has entered into two partnerships with major telecommunications companies in the country, but Musk refused to mention their names.

Starlink is hard to imagine without SpaceX’s breakthrough in rocket reusability. “But we have to take that to another level [ … ] the Starship development, ”said Musk. This rocket will be designed for quick reusability – the ability to restart between flights with little or no time on the ground, similar to the capabilities of an airplane today.

Spaceships are key to Musk’s vision of building a base on the moon or a city on Mars. He said the company hopes to make its first orbital launch attempt with Starship in the next few months. SpaceX submitted an application for approval with the Federal Communications Commission (FCC) to fly Starlink terminals on the new spacecraft to demonstrate “high data rate communications” between the Starship launch system and the ground throughout the mission.

“Titans” Season three Sees Revival of “Previous Characters” | Leisure Information

June 8, 2021June 8, 2021 by

Newly created Hero Nightwing / Dick Grayson (Brenton Thwaites) And the now famous Super Pal band moved from San Francisco to Gotham City in season 3 of the gruesome and cool DC Comics drama now airing on HBO Max.

Titans Showrunner Greg Walker explains that a “family tragedy” will fuel the migration of the Titans and eventually face numerous enemies, most notably the vicious prisoner Dr.mad Men vet Vincent Kartheiser), Another name scarecrow. There’s also the threat of vengeful sister to the alien heroine Starfire, Blackfire (Damaris Lewis) (Damaris Lewis).Anna Diop), And the Dark Knight (Iain Glen) Alternative Robin, Jason Todd (Curran Walters), On the dark path to the iconic Red Hood.

Thankfully, the gang is supported by former Batgirl Barbara Gordon (Savannah Welch), who currently runs Gotham City Police Department. Wonder-A full woman who the team lost last year.

Walker points to an episode that occurs “in the world between life and death”. [again]”

Titans, August, HBO Max

“Titans” Season 3 sees revival of “Past Characters” | Entertainment news

Source link “Titans” Season 3 sees revival of “Past Characters” | Entertainment news

Jessica Alba sees subsequent stage of development forward for The Sincere Firm

May 5, 2021 by

Actress and founder Jessica Alba said the Honest Company’s public debut on Wednesday will usher in a new phase of growth for the consumer goods company.

“I think this is really where we are really looking at this next phase of growth and this is the beginning for us in many ways,” said Alba at CNBC “Squawk Box.”

She started the company a decade ago, starting with baby products. Since then, the company’s product portfolio has been expanded to include make-up, sunscreen and cleaning products – all with the promise of transparency with regard to its formulas. This promise has made it a target of criticism in the past not to meet this standard.

Last year, Honest’s net sales increased 27.6% to $ 300.5 million, and the company reduced its net loss to $ 15 million.

Around 55% of sales come from digital orders, CEO Nick Vlahos told Andrew Ross Sorkin. Honest’s use of social media, especially on Alba’s own accounts, has helped drive this digital growth.

“Social media has been a strategic marketing channel for us,” said Alba, who is known for her roles on the television series “Dark Angel” and in films such as “Fantastic Four”.

“This is where we build a community and from day one, community engagement is at the core of one of our values for what we build.”

The IPO was priced at $ 16 per shareThis gave the company $ 1.44 billion in value and grossed $ 412.8 million. According to regulatory filings, Honest plans to use the proceeds for general corporate purposes, including acquisitions. It is traded on the Nasdaq with the ticker “HNST”.

Outdated City Reside sees profitable kickoff for leisure district – Shelby County Reporter

April 5, 2021 by

By NATHAN HOWELL | Employed author

HELENA– Just a week after the area around the Helena Amphitheater was badly damaged, hundreds of locals and visitors came out on April 3rd to celebrate the city’s new entertainment district in Old Town Live.

After a clean-up last weekend, the area was made suitable for guests who had come into effect to reaffirm the “Helena Strong” motto that was emblazoned on T-shirts sold at the event after the storms had become effective.

The free event was designed by HOTboard, the development and advertising board of Old Town Helena, to connect people to the wide range of amenities that the many businesses in the new entertainment district can offer.

After the area was named an entertainment district in 2020, residents can now stroll through the many shops and park around the amphitheater and enjoy alcoholic beverages from restaurants and bars in the old town.

According to Laura Joseph, member of Helena City Council and HOTboard liaison, the event was very successful. She said there were around 200 people in the area at any one time.

“It was great. We stabilized all day and we loved it because there were so many other events going on that day. So we were really excited about your business,” said Joseph To be able to pull off something like this week after the storms, and we were very grateful for everyone who made it possible. “

All day long, guests can always bring their families, refrigerators and garden chairs to the park and enjoy the music in the amphitheater or take a stroll through the many shops that line the district’s street.

In the heart of the new district is Oversoul Brewing, which created a special drink for the occasion, Helena Strong Season, which many guests seemed to be enjoying.

There were three musical acts entertaining during the course of the event, including The Pine Hill Haints, Drayton Farley, and Deadwood.

Another treat of the event was the freshly cooked lobster that featured on the plates of many of the event’s guests, cooked by the Bywater Oyster Bar & Grill.

Other restaurants that attended the event included Refined To-Go and Beef O’Brady’s.

There were also several local stores with specials and gifts for guests, including Skull Girl Soaps, the Oh My Soul clothing boutique, Buck Creek Stained Glass, the florist and gifts The Petal Cart, and more.

From Joseph’s point of view, the event achieved the goal set by the HOTboard. That should get people out and enjoy the weather, the district and other people.

“It was great,” she said. “There were kids dancing and playing and families laughing and having a good time. It was really great to see Helena families pull back and do what they were supposed to be doing at this time of year. “

Joseph said the HOTboard had been working hard to decide what to do next and will host more events in the near future.

Prada sees virtues to protect in digital runways | Leisure

February 25, 2021 by

A giant screen broadcasts a Prada fashion show during the Fall-Winter 2021-22 collection for women, unveiled during Fashion Week on Thursday, February 25, 2021 in Milan, Italy.

A live Moschino fashion show is streamed on a giant screen, presenting the fall-winter 2021-22 collection for women, which was unveiled during Fashion Week on Thursday, February 25, 2021 in Milan, Italy .

By COLLEEN BARRY AP Fashion Writer

MILAN (AP) – Miuccia Prada has adapted to the digital runway and is unwilling to give up her classes once the pandemic is over.

Prada showed their first fall-winter collaboration with Raf Simons on Thursday. The camera followed models as they traversed architectural spaces of marble floors and walls clad in faux fur. It wasn’t the usual parade of glances seen from a fixed position, but the camera allowed for familiarity with the collection and a closer look at details, suggesting repetition and new angles that might have gone unnoticed in a crowded showroom .

While a runway show fades with the lights at the last glance, digital presentation requires another step: choosing the details that “create an atmosphere,” said Prada in a streamed conversation after the digital show.

“Of course we can go back to reality,” she said, referring to the post-pandemic world. “But … that shouldn’t be lost. It was a lot more effort, but a lot more interesting. We’ll probably have to do both. “

Digital shows are difficult to ignore, even for media used to the hustle and bustle on the runway. The collections coming out in this second year of the pandemic, raising hopes of a return to normal in the next cold weather season, are by and large as ambitious as they were in pre-pandemic and require attention.

The Prada Simons collection was a multi-layered affair with graphic prints on body-hugging items, wraps made of faux fur, sequined dresses and naively patterned knitwear as inserts on dresses and jackets. Beyond the obvious suit, the straight jacket, there was a surprise, a rich geometric pattern that peeked out or warm, furry linings. The women’s collection continued the body-hugging comfort layer of long johns from men’s clothing and leather gloves with zip pockets.

How Shopping for See’s Sweet Modified Warren Buffett’s Model

February 2, 2021February 2, 2021 by

In 1972 Warren Buffett (Trades, Portfolio) and his partner, Charlie Munger (Trades, Portfolio), made one of the most important deals of her career. Munger had convinced Buffett to buy See’s Candy for Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), at what Buffett thought was a high price tag of $ 25 million. This was above the book value of the group and a multiple of 5.2 times the profit at the time. That might not seem expensive by today’s standards, but it was back then for Buffett.

In the years leading up to the deal, Buffett only bought stocks that traded at a deep discount to book value. Buffett followed in the footsteps of his teacher and mentor Benjamin Graham and pursued a strategy called net-net investing, which sought to buy stocks that were trading at a discount to the value of their net worth.

If a company were to trade at a discount to the value of its net assets, the buyer of that company would theoretically pick up the rest of the company for free (excluding the net worth). Buffett’s adherence to this mindset, however, began to wane after the deal of the lake.

Buffett and See’s Candy

In Janet Lowe’s book, “Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger,” the author gave an insight into why the deal was so transformative for Buffett and his partner.

“It was acquired at a premium over book [value] and it works, “Munger said in an interview with Lowe.” Hochschild, Kohn, the department store chain, was bought at a discount from the book and liquidation value. It didn’t work … Those two things together helped shift our thinking to the idea of paying higher prices for better companies. “

The book also stated that as their business grew, Buffett and Munger realized they needed to deviate from bottom fishing. It was becoming increasingly difficult to find investments and buy those who found them in sufficient quantities to make a difference. As Munger said to the author at the time: “You could find value if you just rummaged through the pink sheets in the less traveled parts of the world – you would find many options.”

When Munger and Buffett realized how easy it was to run an excellent ongoing business that was generating steady profits when compared to the previously purchased high value stocks they had previously bought, their investment strategy changed completely.

“If we hadn’t bought See’s, we wouldn’t have bought a Coke,” Buffett said. “So thank you See’s for the $ 12 billion. We were lucky enough to buy the whole business, and that taught us a lot. We had windmills, well, I had windmills. Charlie was never in the windmill business. I ‘we had top notch Department stores, pumps and textile factories … “which in his opinion were almost as bad as problematic as the windmills.”

The book added a comment from Munger who stated that the duo should have noticed the benefits of paying for quality much earlier: “I don’t think it’s necessary to be as stupid as we are.”

I think Munger’s comments that the pair are “stupid” are a bit of an exaggeration as the markets are slow to change and it is not always obvious at first when your old strategy used to work so well. Even so, we shouldn’t overlook how important this deal has been in all of Buffett’s history. With the acquisition of See’s, the Oracle of Omaha bought its first “quality” business. He quickly realized how much easier it was to be an investor who bought good companies and just sat on them rather than constantly looking for new opportunities.

Since then, this mentality has defined his investment style. Today, both Buffett and Munger specialize in finding and sitting on good companies. This strategy has worked incredibly well over the years.

Disclosure: The author owns no mentioned part.

About the author:

Rupert Hargreaves

Rupert is a committed value investor and regularly writes and invests according to the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter for institutional investors.

Rupert holds qualifications from the Chartered Institute for Securities & Investment and the CFA Society of the UK. He covers all value investing for ValueWalk and other freelance websites.

Visit Rupert Hargreaves’ website

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