La Haus Cements Market Leadership in Mexico and Colombia; Announces $35M in Series B Funding

MEXICO CITY, Jan. 14, 2021 /PRNewswire/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by Greenspring…

MEXICO CITY, Jan. 14, 2021 /PRNewswire/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by Greenspring Associates. The new funding will allow the company to expand its product and services, and to extend its geographic reach to other parts of Latin America. This follows a $10M Series A round in early 2020.

Also participating in the round are Series A investors Acrew Capital; Kaszek Ventures; NFX, a firm co-founded by Trulia founder Pete Flint; IMO Ventures; and Zillow co-founder Spencer Rascoff. Hometeam Ventures also invested in the Series B round.

La Haus facilitates traditional real estate transactions digitally, enabling entirely online transactions, and is building a first-of-its-kind, end-to-end marketplace for Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. La Haus facilitates over $500 million in annualized gross transaction value.

La Haus has facilitated nearly 4,000 transactions —  by far the most of any proptech company in Mexico or Colombia.

«We couldn’t possibly have imagined a year ago what life would be like right now, but we are grateful that the company we built pre-Covid was in a position to help so many Latin Americans find and buy their perfect home during the pandemic,» said La Haus co-founder and President Rodrigo Sánchez-Ríos. «For most people, homeownership is key for the creation of wealth and stability. Before now, it’s been out of reach for many Mexicans and Colombians. We’re excited to use this funding to bring this opportunity to many more people across Latin America

La Haus was well-positioned to help Latin Americans buy homes online —  and to help sellers and developers sell those homes —  when Covid struck. Amid the backdrop of a booming housing market, the company has experienced double-digit month-over-month revenue growth, while increasing efficiency and customer satisfaction. In Mexico, the company quintupled its business over the last 12 months, and facilitates more transactions than any other brokerage in Mexico City.

Also in the past year, La Haus has hired a management team experienced in scaling companies. Among its leaders is Chief Product Officer Thomas Floracks, co-founder of VivaReal, the real estate portal in Brazil. After VivaReal merged with Zap Imoveis, the combined company was recently acquired by OLX Brazil for US $650 million. Under Floracks’ leadership, La Haus has created a Latam-leading product experience to search, view and seamlessly transact homes.

«We see incredible opportunity in proptech companies growing in Latin America, a region with more than 600 million people, and relatively low but ever-growing homeownership rates,» said Seyonne Kang, Partner at Greenspring Associates. «They face less competition from legacy companies and serve a huge and growing population that is just starting to embrace online transactions. La Haus stood out as a leader in this space due to their vision and track record, having already scaled their young company across two countries. We are excited about the company’s prospects and look forward to being a part of their continued success.» 

La Haus has also developed partnerships with significant developers in Mexico and Colombia, including Mexico-based GDC Desarrollos, CLASS, Punto Destino, Yukon, and Terraforma. Developers have leveraged La Haus’s audience and transaction technology to take online a formerly showroom- and staff-driven sales process, shortening time to sale.

La Haus was founded by Jerónimo Uribe, CEO; Rodrigo Sánchez-Ríos, president; Tomás Uribe, director; and Santiago Garcia, CTO. Jerónimo Uribe and Sánchez-Ríos met at Stanford University, and prior to La Haus they started and ran Jaguar Capital, a Colombian real estate development company with over $350 million of retail and residential projects. Garcia previously built technology platforms at Jaguar Capital.

About La Haus
La Haus is transforming the real estate industry in Latin America, bringing consumers an end-to-end marketplace aimed at addressing the many hardships home buyers and sellers face in Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. The company launched in 2017 and today operates property search portals lahaus.com in Colombia and lahaus.mx in Mexico  — the first portals that ensure high-quality and de-duplicated listings — and a brokerage that is facilitating more than $400 million in annualized gross transaction value.

La Haus is based in Medellin, Colombia, and operates in Medellin, Bogota and Mexico City.

About Greenspring Associates
Greenspring Associates was founded in 2000 to focus solely on venture capital investments. Through a comprehensive platform, the Firm serves as a lifecycle partner for fund managers and entrepreneurs, investing across multiple stages, sectors and geographies. Greenspring Associates currently manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors.

For more information on Greenspring Associates, please visit its website at www.greenspringassociates.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/la-haus-cements-market-leadership-in-mexico-and-colombia-announces-35m-in-series-b-funding-301208129.html

SOURCE La Haus

New Carbon Lighthouse Service Quantifies Energy Efficiency Across CRE Portfolios for True Financial and ESG Impact, Operational Efficiency

SAN FRANCISCO, Jan. 14, 2021 /PRNewswire/ — Carbon Lighthouse, an energy services company delivering real carbon reduction impact for commercial real estate (CRE), today released its  <a target="_blank"…

SAN FRANCISCO, Jan. 14, 2021 /PRNewswire/ — Carbon Lighthouse, an energy services company delivering real carbon reduction impact for commercial real estate (CRE), today released its  Efficiency Production service nationwide. With advancements in its AI platform, the service can establish a continuous data stream from any building in any geography to deliver new value to CRE owners within 60 days: the demonstration of carbon reduction impact to Limited Partners (LPs), direct increases in net operating income (NOI), and solving operational challenges that attract and retain occupants – in assets spanning commercial office and hospitality to multifamily and medical office buildings (MOBs).

«For more than a decade, Carbon Lighthouse has been empowering CRE owners with the energy efficiency and operational solutions required to meet the changing needs of the industry, investors and occupants,» said Brenden Millstein, President overseeing Product at Carbon Lighthouse. «Now, Carbon Lighthouse is using our decade’s worth of real building expertise, enhanced technology platform, and our vast data-capturing capabilities to help CRE quickly achieve the new occupant, climate and business goals being mandated by the new market landscape.»

The pandemic has forced owners to re-evaluate how best to serve its occupants while facing the many business challenges and uncertainties the resulting economic crash delivered. Macrotrends are also driving further change in how CRE manages its assets. A new administration’s climate change plan and LPs aggressively seeking funds committed to environmental, social and governance (ESG) means CRE owners must demonstrate data-backed proof of their climate impact.

«L&B prioritizes responsible ESG investments and champions innovation to better manage risk and generate sustainable long-term returns,» said Eric Smith, EVP of Business Development at L&B Realty Advisors, LLP. «This past year, we collaborated closely with Carbon Lighthouse to fully tap the benefits of Efficiency Production as we navigated various operational and business shifts knowing Carbon Lighthouse would bring the expertise and technical tools to continuously optimize our assets while helping L&B innovate important ESG solutions.»

Efficiency Production captures previously inaccessible building data across a real estate portfolio’s most energy intensive building systems — the heating, ventilation and air conditioning (HVAC) and lighting — and combines it with Carbon Lighthouse’s database of 100 million square feet of real building data. Then the company’s patented CLUES® AI platform mines the entire data set to profitably modernize assets and capture new streams of building value through energy and operational efficiency opportunities. Site teams are empowered with actionable technical instructions to implement energy and operational efficiencies while owners and investors can quantify and validate the financial and environmental value of their asset management strategies. Regardless of any stage in the asset lifecycle, in any geography, Efficiency Production delivers new sources of energy and operational savings with an average 20-30% yield and average $0.20$0.40 per sq. ft. of NOI. 

Efficiency Production is designed to help owners meet the current and evolving needs of its occupants, investors and business with key features including:

  • Expert Client Service & Support empowering on-site teams with expert guidance on how to quickly and effectively implement new measures
  • Actionable Technical Documentation backed by a decade of implementation experience and best practices to enable existing teams to harvest the value uncovered through new data
  • Ongoing value creation through informed, accurate financial and technical analysis of operational choices and potential outcomes
  • Rental Income paid by Carbon Lighthouse to flow value back to owners with triple net leases, creating top line revenue and increasing building value directly
  • Industry leading price point as compared to other complex sustainability solutions or comparable financial and operational outcomes

Learn more about Efficiency Production here.

ABOUT CARBON LIGHTHOUSE
Carbon Lighthouse is on a mission to stop climate change by delivering profitable climate solutions for commercial real estate portfolios. Its unique Efficiency Production service and patented AI platform CLUES® turn wasted energy into guaranteed financial, operational and climate impact value for clients. CLUES has analyzed more than 100MM square feet of commercial real estate and 5 billion points of building energy data, to deliver portfolio-wide value and more than $250 million in savings for clients including Goldman Sachs, Hawaiian Airlines, L&B, The Carlyle Group, The Moinian Group, Madison International Realty, and AEW. For more information visit: www.carbonlighthouse.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/new-carbon-lighthouse-service-quantifies-energy-efficiency-across-cre-portfolios-for-true-financial-and-esg-impact-operational-efficiency-301208220.html

SOURCE Carbon Lighthouse

2021 Honda Ridgeline Arriving Next Month Ready to Rumble with Rugged New Look

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling….

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,4901.

The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,490.

Ridgeline continues to bring unmatched versatility, including the segment’s largest interior for passengers and gear, a brilliantly versatile bed featuring the class-exclusive In-Bed Trunk® lockable storage compartment, and best-in-class standard AWD model payload capacity.

For the 2021 model year, Ridgeline features all-new sheet metal from the front roof pillars forward, including a new hood with a pronounced power bulge, a new squared off nose and upright grille, and new front fenders. Flanking the grille are new, brighter LED headlights bisected by the crossbar atop the grille, which is painted gloss black on Sport trims and Black Edition, and is chrome plated on RTL and RTL-E. The body-color lower front bumper further accentuates the Ridgeline’s tough new look with a prominent skid plate and broad side vents that create air curtains to route air through the bumper and around the front tires and wheels to improve aerodynamic performance. A reshaped rear bumper exposes aggressive new twin exhaust outlets, and all Ridgeline trims feature tougher looking 18-inch wheels and an additional 20 mm of track width to give Ridgeline a broader, more planted stance. New tires top off the more rugged look with a more aggressive sidewall and shoulder design. Ridgeline also adds a new Radiant Red Metallic to its exterior color palette.

A new HPD Package was developed in collaboration with Honda Performance Development (HPD), Honda’s U.S.-based racing company, and adds a unique grille treatment, an HPD emblem, black fender flares, aggressive bronze-colored wheels, and special HPD graphics on the side of the bed—for a suggested retail price of $2,800. It’s one of four new post-production option packages available on all Ridgeline trims that include Utility ($1,465), Function ($270), and Function+ ($1,315).

Inside, the 2021 Ridgeline adds a physical volume knob for the audio system, and wireless phone charging. Plus, all Ridgeline trims get new contrast stitching on the seats; Sport trims add new cloth seat inserts; and Sport, RTL and RTL-E trims have new dash, steering wheel and center console accents. Ridgeline’s spacious cabin offers top-class passenger comfort and rear-seat legroom, with a flat floor and foldaway 60/40-split rear seat bottoms, offering enhanced flexibility for carrying long and tall items in the cabin.

A 280-horsepower, 3.5-liter direct-injected VTEC® V6 backed by a smooth and responsive 9-speed automatic transmission powers every 2021 Honda Ridgeline, with i-VTM4® torque-vectoring all-wheel drive now standard across the lineup. The i-VTM4® system automatically sends up to 70 percent of the engine’s 262 lb.-ft. (SAE net) of torque to the rear wheels and continuously apportions 100 percent of that torque between the left and right rear wheels based on driving conditions at each wheel. Ridgeline’s standard Intelligent Traction Dynamics System further optimizes power delivery and distribution in various conditions, including snow, pavement, mud and sand.

All 2021 Honda Ridgelines come standard with the Honda Sensing® suite of safety and driver-assistive technologies, featuring Collision Mitigation Braking System™ (CMBS™) with Forward Collision Warning (FCW), Lane Keeping Assist System (LKAS), Road Departure Mitigation (RDM) with Lane Departure Warning (LDW), and Adaptive Cruise Control (ACC). Ridgeline also targets top-class collision safety ratings from National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS), including an NCAP 5-star Overall Vehicle Score, a «GOOD» rating in all IIHS collision tests, and a «SUPERIOR» IIHS rating for front crash prevention.

2021 Ridgeline Pricing & EPA Data

Model / Trim

MSRP1

MSRP1 Including
$1,175 Destination
Charge

EPA Mileage Rating2

(City/Hwy/Combined)

Ridgeline Sport

$36,490

$37,665

18 / 24 / 21

Ridgeline RTL

$39,470

$40,645

18 / 24 / 21

Ridgeline RTL-E

$42,420

$43,595

18 / 24 / 21

Ridgeline Black Edition

$43,920

$45,095

18 / 24 / 21

About Honda

Honda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. Honda has the highest fleet average fuel economy and lowest CO2 emissions of any major full-line automaker in America, according to the latest data from the U.S. Environmental Protection Agency (EPA). The Honda lineup includes the Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda’s electrified vehicle lineup includes the Accord Hybrid, CR-V Hybrid, Insight hybrid, and the Clarity Fuel Cell and Clarity Plug-In Hybrid.

Honda has been producing automobiles in America for 38 years and currently operates 19 major manufacturing facilities in North America. In 2020, more than 95 percent of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally-sourced parts.

For More Information

Additional media information including detailed pricing features and high-resolution photography of 2020 and 2021 Honda models is available at hondanews.com. Consumer information is available at automobiles.honda.com. To join the Honda community on Facebook, visit facebook.com/honda.

1 MSRP excluding tax, license, registration, $1,175 destination charge and options. Dealer prices may vary.

2 Based on 2021 EPA mileage ratings. Use for comparison purposes only. Your actual mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.

Honda Logo.

Photo – https://mma.prnewswire.com/media/1420478/01_2021_Honda_Ridgeline_RTL_E_with_HPD_Package___Sized.jpg
Logo – https://mma.prnewswire.com/media/1420477/Honda_Logo_Logo.jpg

SOURCE American Honda Motor Co., Inc.

La Haus Cements Market Leadership in Mexico and Colombia; Announces $35M in Series B Funding

MEXICO CITY, Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by…

MEXICO CITY, Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — La Haus, the proptech market leader in Mexico and Colombia that is transforming the Latin American real estate industry, today announced it has raised $35 million in Series B led by Greenspring Associates. The new funding will allow the company to expand its product and services, and to extend its geographic reach to other parts of Latin America. This follows a $10M Series A round in early 2020.

Also participating in the round are Series A investors Acrew Capital; Kaszek Ventures; NFX, a firm co-founded by Trulia founder Pete Flint; IMO Ventures; and Zillow co-founder Spencer Rascoff. Hometeam Ventures also invested in the Series B round.

La Haus facilitates traditional real estate transactions digitally, enabling entirely online transactions, and is building a first-of-its-kind, end-to-end marketplace for Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. La Haus facilitates over $500 million in annualized gross transaction value.

La Haus has facilitated nearly 4,000 transactions —  by far the most of any proptech company in Mexico or Colombia.

«We couldn’t possibly have imagined a year ago what life would be like right now, but we are grateful that the company we built pre-Covid was in a position to help so many Latin Americans find and buy their perfect home during the pandemic,» said La Haus co-founder and President Rodrigo Sánchez-Ríos. «For most people, homeownership is key for the creation of wealth and stability. Before now, it’s been out of reach for many Mexicans and Colombians. We’re excited to use this funding to bring this opportunity to many more people across Latin America

La Haus was well-positioned to help Latin Americans buy homes online —  and to help sellers and developers sell those homes —  when Covid struck. Amid the backdrop of a booming housing market, the company has experienced double-digit month-over-month revenue growth, while increasing efficiency and customer satisfaction. In Mexico, the company quintupled its business over the last 12 months, and facilitates more transactions than any other brokerage in Mexico City.

Also in the past year, La Haus has hired a management team experienced in scaling companies. Among its leaders is Chief Product Officer Thomas Floracks, co-founder of VivaReal, the real estate portal in Brazil. After VivaReal merged with Zap Imoveis, the combined company was recently acquired by OLX Brazil for US $650 million. Under Floracks’ leadership, La Haus has created a Latam-leading product experience to search, view and seamlessly transact homes.

«We see incredible opportunity in proptech companies growing in Latin America, a region with more than 600 million people, and relatively low but ever-growing homeownership rates,» said Seyonne Kang, Partner at Greenspring Associates. «They face less competition from legacy companies and serve a huge and growing population that is just starting to embrace online transactions. La Haus stood out as a leader in this space due to their vision and track record, having already scaled their young company across two countries. We are excited about the company’s prospects and look forward to being a part of their continued success.» 

La Haus has also developed partnerships with significant developers in Mexico and Colombia, including Mexico-based GDC Desarrollos, CLASS, Punto Destino, Yukon, and Terraforma. Developers have leveraged La Haus’s audience and transaction technology to take online a formerly showroom- and staff-driven sales process, shortening time to sale.

La Haus was founded by Jerónimo Uribe, CEO; Rodrigo Sánchez-Ríos, president; Tomás Uribe, director; and Santiago Garcia, CTO. Jerónimo Uribe and Sánchez-Ríos met at Stanford University, and prior to La Haus they started and ran Jaguar Capital, a Colombian real estate development company with over $350 million of retail and residential projects. Garcia previously built technology platforms at Jaguar Capital.

About La Haus
La Haus is transforming the real estate industry in Latin America, bringing consumers an end-to-end marketplace aimed at addressing the many hardships home buyers and sellers face in Latin America. The company makes homeownership more accessible to many in Latin America, where lack of infrastructure and access to transparent information can impede people’s ability to buy homes. The company launched in 2017 and today operates property search portals lahaus.com in Colombia and lahaus.mx in Mexico  — the first portals that ensure high-quality and de-duplicated listings — and a brokerage that is facilitating more than $400 million in annualized gross transaction value.

La Haus is based in Medellin, Colombia, and operates in Medellin, Bogota and Mexico City.

About Greenspring Associates
Greenspring Associates was founded in 2000 to focus solely on venture capital investments. Through a comprehensive platform, the Firm serves as a lifecycle partner for fund managers and entrepreneurs, investing across multiple stages, sectors and geographies. Greenspring Associates currently manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors.

For more information on Greenspring Associates, please visit its website at www.greenspringassociates.com.

 

SOURCE La Haus

2021 Honda Ridgeline Arriving Next Month Ready to Rumble with Rugged New Look

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling….

TORRANCE, Calif., Jan. 14, 2021 /PRNewswire-HISPANIC PR WIRE/ — The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,4901.

The 2021 Honda Ridgeline begins arriving at Honda dealerships on Feb. 2, with bold new styling underscoring its rugged and versatile pickup truck capabilities. Ridgeline’s standard V6 power, fully independent suspension and standard torque-vectoring i-VTM4® all-wheel drive give it the capability to tackle challenging trails and treacherous roads with class-leading ride and handling. Manufacturer’s Suggested Retail Prices (MSRP) start at $36,490.

Ridgeline continues to bring unmatched versatility, including the segment’s largest interior for passengers and gear, a brilliantly versatile bed featuring the class-exclusive In-Bed Trunk® lockable storage compartment, and best-in-class standard AWD model payload capacity.

For the 2021 model year, Ridgeline features all-new sheet metal from the front roof pillars forward, including a new hood with a pronounced power bulge, a new squared off nose and upright grille, and new front fenders. Flanking the grille are new, brighter LED headlights bisected by the crossbar atop the grille, which is painted gloss black on Sport trims and Black Edition, and is chrome plated on RTL and RTL-E. The body-color lower front bumper further accentuates the Ridgeline’s tough new look with a prominent skid plate and broad side vents that create air curtains to route air through the bumper and around the front tires and wheels to improve aerodynamic performance. A reshaped rear bumper exposes aggressive new twin exhaust outlets, and all Ridgeline trims feature tougher looking 18-inch wheels and an additional 20 mm of track width to give Ridgeline a broader, more planted stance. New tires top off the more rugged look with a more aggressive sidewall and shoulder design. Ridgeline also adds a new Radiant Red Metallic to its exterior color palette.

A new HPD Package was developed in collaboration with Honda Performance Development (HPD), Honda’s U.S.-based racing company, and adds a unique grille treatment, an HPD emblem, black fender flares, aggressive bronze-colored wheels, and special HPD graphics on the side of the bed—for a suggested retail price of $2,800. It’s one of four new post-production option packages available on all Ridgeline trims that include Utility ($1,465), Function ($270), and Function+ ($1,315).

Inside, the 2021 Ridgeline adds a physical volume knob for the audio system, and wireless phone charging. Plus, all Ridgeline trims get new contrast stitching on the seats; Sport trims add new cloth seat inserts; and Sport, RTL and RTL-E trims have new dash, steering wheel and center console accents. Ridgeline’s spacious cabin offers top-class passenger comfort and rear-seat legroom, with a flat floor and foldaway 60/40-split rear seat bottoms, offering enhanced flexibility for carrying long and tall items in the cabin.

A 280-horsepower, 3.5-liter direct-injected VTEC® V6 backed by a smooth and responsive 9-speed automatic transmission powers every 2021 Honda Ridgeline, with i-VTM4® torque-vectoring all-wheel drive now standard across the lineup. The i-VTM4® system automatically sends up to 70 percent of the engine’s 262 lb.-ft. (SAE net) of torque to the rear wheels and continuously apportions 100 percent of that torque between the left and right rear wheels based on driving conditions at each wheel. Ridgeline’s standard Intelligent Traction Dynamics System further optimizes power delivery and distribution in various conditions, including snow, pavement, mud and sand.

All 2021 Honda Ridgelines come standard with the Honda Sensing® suite of safety and driver-assistive technologies, featuring Collision Mitigation Braking System™ (CMBS™) with Forward Collision Warning (FCW), Lane Keeping Assist System (LKAS), Road Departure Mitigation (RDM) with Lane Departure Warning (LDW), and Adaptive Cruise Control (ACC). Ridgeline also targets top-class collision safety ratings from National Highway Traffic Safety Administration (NHTSA) and Insurance Institute for Highway Safety (IIHS), including an NCAP 5-star Overall Vehicle Score, a «GOOD» rating in all IIHS collision tests, and a «SUPERIOR» IIHS rating for front crash prevention.

2021 Ridgeline Pricing & EPA Data

Model / Trim

MSRP1

MSRP1 Including
$1,175 Destination
Charge

EPA Mileage Rating2

(City/Hwy/Combined)

Ridgeline Sport

$36,490

$37,665

18 / 24 / 21

Ridgeline RTL

$39,470

$40,645

18 / 24 / 21

Ridgeline RTL-E

$42,420

$43,595

18 / 24 / 21

Ridgeline Black Edition

$43,920

$45,095

18 / 24 / 21

About Honda

Honda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. Honda has the highest fleet average fuel economy and lowest CO2 emissions of any major full-line automaker in America, according to the latest data from the U.S. Environmental Protection Agency (EPA). The Honda lineup includes the Civic, Insight, Accord and Clarity series passenger cars, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda’s electrified vehicle lineup includes the Accord Hybrid, CR-V Hybrid, Insight hybrid, and the Clarity Fuel Cell and Clarity Plug-In Hybrid.

Honda has been producing automobiles in America for 38 years and currently operates 19 major manufacturing facilities in North America. In 2020, more than 95 percent of all Honda vehicles sold in the U.S. were made in North America, using domestic and globally-sourced parts.

For More Information

Additional media information including detailed pricing features and high-resolution photography of 2020 and 2021 Honda models is available at hondanews.com. Consumer information is available at automobiles.honda.com. To join the Honda community on Facebook, visit facebook.com/honda.

1 MSRP excluding tax, license, registration, $1,175 destination charge and options. Dealer prices may vary.

2 Based on 2021 EPA mileage ratings. Use for comparison purposes only. Your actual mileage will vary depending on how you drive and maintain your vehicle, driving conditions and other factors.

Honda Logo.

Photo – https://mma.prnewswire.com/media/1420478/01_2021_Honda_Ridgeline_RTL_E_with_HPD_Package___Sized.jpg
Logo – https://mma.prnewswire.com/media/1420477/Honda_Logo_Logo.jpg

SOURCE American Honda Motor Co., Inc.

Study by Thryv, Inc. and America’s SBDC Shows that 87% of Small Businesses Believe the Government Needs to Provide More Stimulus

DALLAS, Jan. 14, 2021 /PRNewswire/ — In an effort to gauge the impact of COVID-19 among small businesses, Thryv, Inc. (NASDAQ: THRY) and America’s Small Business Development Center (SBDC) conducted a study with participants from over 1,499 small to medium sized businesses (SMBs) across more than 100 industries. The study revealed that most SMBs are still struggling and require stimulus support as the Coronavirus pandemic continues. 

<div class="PRN_ImbeddedAssetReference"…

DALLAS, Jan. 14, 2021 /PRNewswire/ — In an effort to gauge the impact of COVID-19 among small businesses, Thryv, Inc. (NASDAQ: THRY) and America’s Small Business Development Center (SBDC) conducted a study with participants from over 1,499 small to medium sized businesses (SMBs) across more than 100 industries. The study revealed that most SMBs are still struggling and require stimulus support as the Coronavirus pandemic continues. 

The new study launched on November 16, 2020, details how SMBs are still being affected by the pandemic. Key insights and statistics show which industries were affected the most, how many businesses had to make adjustments, and the consensus on making those adjustments permanent after the pandemic. The data revealed that 87% of SMBs need additional stimulus for 2021.

In late December 2020, Congress passed a second stimulus bill which includes renewed funds for Paycheck Protection Program (PPP) loans to help the country’s smallest businesses weather the hardships brought on by the pandemic.

«The new data shows that two-thirds of SMBs believe their business won’t completely recover one year from now,» said Gordon Henry, Chief Strategy Officer at Thryv. «These findings are concerning, but as small business supporters and advocates, we hope to change that outlook by raising awareness for the small business sector and providing resources to help business owners navigate the situation in 2021.»

Thryv — a SaaS and marketing solutions company with over 350,000 small business clients nationwide — and America’s SBDC conducted a previous study among small businesses from March 20 to July 2, 2020, where 4,244 small businesses participated. That study found that 82% of small businesses were «extremely concerned» about the current business environment due to the COVID-19 outbreak.

According to the recent data, now 45% of SMBs fear they will need to close their business, lay off employees or close locations if restrictions continue without additional government aid into 2021.

In an effort to advocate for small businesses, Thryv and America’s SBDC compiled key data points from the original study into a letter addressed to Congress in July 2020 pushing for support. The study showed small businesses that received their first stimulus loan started to change for the better quickly. Further results showed that three-fourths of small businesses that received the loan believe more stimulus was needed for their business to survive.

These studies by Thryv, Inc., and America’s SBDC will continue as new surveys go out each week to collect more data in 2021. The full results of the study can be found on Thryv’s website, here.

About Thryv Holdings, Inc.
Thryv Holdings, Inc. owns the easy-to-use Thryv® end-to-end customer experience software built for small business that helps over 40,000 SaaS clients with the daily demands of running a business. With Thryv, they can get the job, manage the job and get credit. Thryv’s award-winning platform provides modernized business functions, allowing SMBs to reach more customers, stay organized, get paid faster and generate reviews. These include building a digital customer database, automated marketing through email and text, updating business listings across the internet, scheduling online appointments, sending notifications and reminders, managing ratings and reviews, generating estimates and invoices and processing payments.

Thryv supports franchise operators and multi-location business owners with Hub by Thryv™, a software console that enables businesses managers to oversee their operations using the Thryv software.

Thryv also connects local businesses to consumer services through our search, display and social media management products, our print directories featuring The Real Yellow Pages® tagline, and our local search portals, which operate under the DexKnows.com®, Superpages.com® and Yellowpages.com URLs and reach some 35 million monthly visitors. For more information about the company, visit thryv.com.

Thryv delivers business services to more than 360,000 SMBs across America that enable them to compete and win in today’s economy.  

About America’s SBDC Program: America’s SBDC (Small Business Development Center) Network is a partnership uniting private enterprise, government, higher education and local nonprofit economic development organizations. It is the Small Business Administration’s largest partnership program, providing management and technical assistance to help Americans start, run and grow their own businesses. Learn more at www.americassbdc.org.

Media Contact:
Paige Blankenship
Thryv, Inc.
972.453.3012
paige.blankenship@thryv.com

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SOURCE Thryv Holdings, Inc.

BMW Helps EV Drivers Plug into EVgo Charging Network for Fast, Reliable and 100% Renewable Charging

LOS ANGELES, Jan. 14, 2021 /PRNewswire/ — EVgo, the nation’s largest fast-charging network for electric vehicles (EVs), today announced the launch of BMW Charging Powered by EVgo, a program to bring current and future BMW drivers onto the EVgo network. BMW EV drivers will be able to access public charging through one simple interface, and BMW will provide a $100 EVgo charging credit for new owners/lessees of their all-electric/battery electric vehicle (BEV) models….

LOS ANGELES, Jan. 14, 2021 /PRNewswire/ — EVgo, the nation’s largest fast-charging network for electric vehicles (EVs), today announced the launch of BMW Charging Powered by EVgo, a program to bring current and future BMW drivers onto the EVgo network. BMW EV drivers will be able to access public charging through one simple interface, and BMW will provide a $100 EVgo charging credit for new owners/lessees of their all-electric/battery electric vehicle (BEV) models. Together, this program will enable BMW EV drivers to access all the benefits of EVgo’s industry-leading network, with its proven reliability, wide geographic reach and 24/7 customer service.

Powered by 100% renewable energy, BMW BEV drivers will enjoy a high performance and zero emission driving experience, as well as the convenience of charging at more than 800 fast charging sites at retail and grocery stores, shopping malls, entertainment centers and other sites ideal for quick, 20-30 minute errands. Plus, for plug-in-hybrid vehicle (PHEV) and BEV drivers who will be parked for a few hours, EVgo and expanded partner networks will provide access to more than 35,000 L2 chargers, expanding the variety of charging options.

BMW Charging Powered by EVgo will utilize the EVgo platform to provide BMW BEV and PHEV drivers with a streamlined charging experience at EVgo and partner charging network stations via an easy-to-use mobile app, which will enable BMW drivers to locate chargers, see the real-time status of chargers, initiate charging sessions, and contact the EVgo customer service team.

«EVgo and BMW share a commitment to a first-class customer experience, and that’s why we are thrilled to be working together again,» said EVgo Chief Commercial Officer Jonathan Levy. «As BMW brings even more new EV models to the market, EVgo is making it even easier for those drivers to experience the reliable and convenient—and ever-expanding—network of EVgo chargers.

With more than 38,000 EVgo and partner chargers across all 50 states accessible through the EVgo platform, BMW drivers transitioning from gas to electric vehicles will rest assured knowing there’s a network available to meet their charging needs away from home. To get them started, a $100 EVgo charging credit will be offered with the purchase or lease of a qualifying, new, fully electric BMW model, including the i3, the 2022 iX and the 2022 i4.

«As an increasing number of BMW drivers switch to EVs, we’re excited to offer an easy-to-use, all-in-one tool to find charging stations along their driving routes and manage the charging experience from start to finish,» said BMW EV Services Manager Reem Eloubaidy. «BMW has longed valued EVgo’s exceptional reliability and quality customer service, and we’re confident our customers will be in good hands as they charge on-the-go.»

This new partnership with BMW builds on years of previous collaboration with EVgo in the ChargeNow DC Fast program as well as EVgo’s long history of working with other leaders in transportation electrification to accelerate EV adoption and enhance the EV driver experience.

EVgo is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations in more than 600 cities across 34 states, EVgo owns and operates the most public fast charging locations in the U.S. and serves more than 200,000 customers. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for all Americans to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet. EVgo’s parent company is LS Power, a New York-headquartered development, investment and operating company focused on leading edge solutions for the North American power and energy infrastructure sector. For more information visit evgo.com and lspower.com.

CONTACT: evgo@inkhouse.com

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SOURCE EVgo

New Jersey Player Wins $1 Million Playing Cash4Life Game Using Lottery App, Jackpocket

NEW YORK, Jan. 14, 2021 /PRNewswire/ — Jackpocket, the first and only licensed third-party app in the U.S. that offers players an easy, secure way to order official state lottery tickets, announced that a…

NEW YORK, Jan. 14, 2021 /PRNewswire/ — Jackpocket, the first and only licensed third-party app in the U.S. that offers players an easy, secure way to order official state lottery tickets, announced that a lucky New Jersey resident has won a $1 million prize playing Cash4Life through its mobile app. This is the second million-dollar winner in Jackpocket history and the biggest prize to date on the mobile app in New Jersey, after a Jersey Cash 5 jackpot win of $200,959 last September.

This New Jersey winner, who unfortunately lost their job due to the global pandemic, has been playing on Jackpocket for almost a year and playing the lottery for basically their entire life. They matched the five white balls drawn and won the $1,000 a week for life second prize, which has a cash value of $1,000,000.

«It’s an amazing feeling to not only win a jackpot, but also being able to share the big news with the winners,» said Peter Sullivan, CEO and founder of Jackpocket. «Our app was created so players can have the convenience of playing on their phones rather than having to go out to purchase a lottery ticket, especially during a pandemic. We are thrilled for this player winning a major cash prize for playing one of their favorite games.»

«The numbers I played were actually my father’s numbers,» said the winner. «He passed away, so I’ve been playing his numbers ever since. He finally paid attention! I use them for all the big games.»

Cash4Life is a multi-jurisdictional lottery game available in nine states, costing $2.00 per ticket with a jackpot of $1,000 a day for life, or a $7 million lump sum cash option.

The $1 million Cash4Life win comes on the heels of Jackpocket’s launch in New York as the state’s first officially licensed third-party lottery app. Jackpocket is available in 10 jurisdictions: Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, and Washington DC. Since launching, Jackpocket players have won over $22 million in lottery prizes. Users must be 18 or older to play.

About Jackpocket

Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. By being the first company to automatically lock a customer’s account to their ticket serial number, Jackpocket makes the lottery even more secure. Jackpocket is currently available in Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter and Instagram.

 

 

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SOURCE Jackpocket

BMW Helps EV Drivers Plug into EVgo Charging Network for Fast, Reliable and 100% Renewable Charging

LOS ANGELES, Jan. 14, 2021 /PRNewswire/ — EVgo, the nation’s largest fast-charging network for electric vehicles (EVs), today announced the launch of BMW Charging Powered by EVgo, a program to bring current and future BMW drivers onto the EVgo network. BMW EV drivers will be able to access public charging through one simple interface, and BMW will provide a $100 EVgo charging credit for new owners/lessees of their all-electric/battery electric vehicle (BEV) models….

LOS ANGELES, Jan. 14, 2021 /PRNewswire/ — EVgo, the nation’s largest fast-charging network for electric vehicles (EVs), today announced the launch of BMW Charging Powered by EVgo, a program to bring current and future BMW drivers onto the EVgo network. BMW EV drivers will be able to access public charging through one simple interface, and BMW will provide a $100 EVgo charging credit for new owners/lessees of their all-electric/battery electric vehicle (BEV) models. Together, this program will enable BMW EV drivers to access all the benefits of EVgo’s industry-leading network, with its proven reliability, wide geographic reach and 24/7 customer service.

Powered by 100% renewable energy, BMW BEV drivers will enjoy a high performance and zero emission driving experience, as well as the convenience of charging at more than 800 fast charging sites at retail and grocery stores, shopping malls, entertainment centers and other sites ideal for quick, 20-30 minute errands. Plus, for plug-in-hybrid vehicle (PHEV) and BEV drivers who will be parked for a few hours, EVgo and expanded partner networks will provide access to more than 35,000 L2 chargers, expanding the variety of charging options.

BMW Charging Powered by EVgo will utilize the EVgo platform to provide BMW BEV and PHEV drivers with a streamlined charging experience at EVgo and partner charging network stations via an easy-to-use mobile app, which will enable BMW drivers to locate chargers, see the real-time status of chargers, initiate charging sessions, and contact the EVgo customer service team.

«EVgo and BMW share a commitment to a first-class customer experience, and that’s why we are thrilled to be working together again,» said EVgo Chief Commercial Officer Jonathan Levy. «As BMW brings even more new EV models to the market, EVgo is making it even easier for those drivers to experience the reliable and convenient—and ever-expanding—network of EVgo chargers.

With more than 38,000 EVgo and partner chargers across all 50 states accessible through the EVgo platform, BMW drivers transitioning from gas to electric vehicles will rest assured knowing there’s a network available to meet their charging needs away from home. To get them started, a $100 EVgo charging credit will be offered with the purchase or lease of a qualifying, new, fully electric BMW model, including the i3, the 2022 iX and the 2022 i4.

«As an increasing number of BMW drivers switch to EVs, we’re excited to offer an easy-to-use, all-in-one tool to find charging stations along their driving routes and manage the charging experience from start to finish,» said BMW EV Services Manager Reem Eloubaidy. «BMW has longed valued EVgo’s exceptional reliability and quality customer service, and we’re confident our customers will be in good hands as they charge on-the-go.»

This new partnership with BMW builds on years of previous collaboration with EVgo in the ChargeNow DC Fast program as well as EVgo’s long history of working with other leaders in transportation electrification to accelerate EV adoption and enhance the EV driver experience.

EVgo is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations in more than 600 cities across 34 states, EVgo owns and operates the most public fast charging locations in the U.S. and serves more than 200,000 customers. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for all Americans to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet. EVgo’s parent company is LS Power, a New York-headquartered development, investment and operating company focused on leading edge solutions for the North American power and energy infrastructure sector. For more information visit evgo.com and lspower.com.

CONTACT: evgo@inkhouse.com

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SOURCE EVgo

Farmland Partners Announces $8 million Staged Transaction for Conservation Land

DENVER, Jan. 14, 2021 /PRNewswire/ — Farmland Partners Inc. (NYSE: FPI) (the «Company») announced today a series of agreements that will transfer ownership of approximately 1,268 acres in Virginia from FPI to Ducks Unlimited («DU») over the next three years for total gross proceeds of $8 million.  If all closings take place as expected, this transaction is expected to generate a gain of approximately $0.8…

DENVER, Jan. 14, 2021 /PRNewswire/ — Farmland Partners Inc. (NYSE: FPI) (the «Company») announced today a series of agreements that will transfer ownership of approximately 1,268 acres in Virginia from FPI to Ducks Unlimited («DU») over the next three years for total gross proceeds of $8 million.  If all closings take place as expected, this transaction is expected to generate a gain of approximately $0.8 million, or 10.6%, relative to book value, for FPI shareholders.

The Virginia site resides in the Atlantic Flyway, one of four ancient pathways migratory birds use to travel from breeding grounds to wintering areas. The land is also adjacent to the Great Dismal Swamp, a National Wildlife Refuge that encompasses more than 112,000 acres.

«Farmland Partners has become an invaluable partner in conservation, and this newly acquired property will expand an existing protected habitat area by over 1,200 acres,» said DU CEO Adam Putnam. «By protecting this historic landscape we will ensure future generations have the opportunity to enjoy this iconic area in the Atlantic Flyway for years to come.»

Farmland Partners CEO Paul A. Pittman added, «The transaction represents a win-win for our shareholders and for a good cause. We look forward to working with the Ducks Unlimited team to see it through fruition.  FPI is honored to continue the long tradition of farm owners supporting wildlife habitat preservation.»

The transaction is structured in three separate tracts, with closings expected to take place over the next three years.  The transaction on Tract A, which is approximately 231 acres, is set to close on January 30, 2021 for total gross proceeds of $0.8 million.  Tract B, which is approximately 625 acres, is targeted to close on September 30, 2021 for total gross proceeds of $4.4 million, and has an outside closing date of November 30, 2022.  Tract C, which is approximately 412 acres, is targeted to close on or before November 30, 2023 for total gross proceeds of $2.8 million.  All closings are subject to customary due diligence.  Closings on Tract B and Tract C are subject to DU’s ability to raise the necessary funds.  The Company will continue to receive the rent for each tract up until the time that the sale of the applicable tract closes.

About Farmland Partners Inc.

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

Forward-Looking Statements

This press release includes «forward-looking statements» within the meaning of the federal securities laws, including, without limitation, statements concerning the transaction, the anticipated timeline for closing and the anticipated gross proceeds. Forward-looking statements generally can be identified by the use of forward-looking terminology such as «may,» «should,» «could,» «would,» «predicts,» «potential,» «continue,» «expects,» «anticipates,» «future,» «intends,» «plans,» «believes,» «estimates» or similar expressions or their negatives, as well as statements in future tense. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Some factors that might cause such a difference include DU’s ability to raise the necessary capital to acquire Tracts B and C on the anticipated timelines or at all, the ability to consummate the transaction described above and the general economic conditions.  Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

 

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SOURCE Farmland Partners Inc.