Categoría: Geovanny Vicente

Vaccine Could Boost Listings Ahead of Home Shopping Season

SEATTLE, Feb. 23, 2021 /PRNewswire/ — The COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real estate market.

SEATTLE, Feb. 23, 2021 /PRNewswire/ — The COVID-19 vaccine is likely to add more buyers and sellers to an already red hot real estate market.

A new survey1 from Zillow finds a large majority (70%) of homeowners say they would be comfortable moving to a new home after widespread COVID-19 vaccine distribution, a meaningful bump from the 52% who currently feel that way. That amounts to homeowners in more than 14 million homes feeling newly comfortable moving after widespread vaccination.2

Among homeowners who said the vaccine would impact their decision to sell, nearly four-in-five (78%) said they expect it will make them more likely to move.

This research follows Zillow’s prediction of 7 million home sales this year, nearly 25% more than in 2020, as more sellers regain the confidence to return to the market at a time of incredible demand. Last fall, Zillow research found financial anxiety and ongoing uncertainty was keeping some would-be sellers on the sidelines, depressing inventory. Now survey results find measures of both life and financial uncertainty have decreased: 25% of homeowners reported their life or financial situation was too uncertain this January, compared to 29% who said the same in November. 

Sellers drawn in by more certainty, the vaccine and strong sale prices could help feed a ravenous demand for homes this spring home shopping season. 2020 brought a dramatic acceleration in the speed of the market, with buyers snapping up homes just days after they were listed for sale. That velocity, enabled by the rapid adoption of real estate technology, allowed existing home sales to rise 5.6% while overall inventory fell.

«We expect that the vaccine rollout will likely boost inventory, as sellers become increasingly willing to move despite Covid-19 — resulting in greater numbers of new listings beginning this spring,» says Chris Glynn, principal economist at Zillow. «That injection of inventory could give buyers more options and breathing room in a competitive market. The vaccine, however, will also likely add to already-strong demand, given that most sellers will become buyers as they trade in for a home that better suits their new needs. » 

That already-strong demand is being driven by both demographic and pandemic-led factors. Millennials — often considered the largest generational group in the country — are aging into their peak home-buying years. The generation fueling the Zillow surfing trend is now hitting their mid-30s, the median age of a first-time home buyer.

The Great Reshuffling continues to contribute to unrelenting demand in the for-sale market, as the pandemic has prompted people to rethink how and where they want to live. The freedom to telework has opened up new, affordable housing options all over the country. Real estate tech tools, such as next-generation 3D home virtual tours with interactive floor plans, are enabling shoppers to remotely explore all the possibilities a move could bring. 

About Zillow Group:

Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter.

As the most-visited real estate website in the U.S., Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions. 

Zillow Group’s affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org).  

1 Zillow Group Population Science collected a nationally representative sample of more than 1,000 homeowners (household decision makers that own their home and did not move in the past year). From January 26th to January 29th, 2021, the survey asked homeowners questions about how the pandemic and widespread distribution of the COVID-19 vaccine would impact their plans to move. 

2 Applied to the American Community Survey’s count of all owner-occupied housing units, 14M represents the gap between those that currently feel comfortable moving and those that expect to after widespread distribution of the COVID-19 vaccine. 

 

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SOURCE Zillow

How to Win a Bidding War In 2021, According to Redfin Agents

SEATTLE, Feb. 23, 2021 /PRNewswire/ — (NASDAQ: RDFN) — Today’s housing market is one of the most competitive in history, with 56% of Redfin home offers facing competition nationwide in January. To help buyers prepare to inevitably compete for a home, we asked Redfin agents to share the best <a…

SEATTLE, Feb. 23, 2021 /PRNewswire/ — (NASDAQ: RDFN) — Today’s housing market is one of the most competitive in history, with 56% of Redfin home offers facing competition nationwide in January. To help buyers prepare to inevitably compete for a home, we asked Redfin agents to share the best unique strategies for winning bidding wars in 2021.

The tactics below go beyond basic bidding-war techniques like waiving contingencies, offering all cash and/or above the asking price and free rent back, though buyers should also consider those strategies, which are often highly effective.

1) Consider a condo over a single-family home

Buyers who want a better shot at winning a bidding war should consider purchasing condos, which have attracted less competition than single-family homes during the pandemic because they often feature shared spaces and amenities. In January, 58.7% of offers for single-family homes written by Redfin agents faced competition, compared with 54.8% for townhouses and 44.6% for condos. Condos have been selling for a record 17% discount to single-family homes, another potential draw for buyers.

«Single-family homes in Seattle are hot, hot, hot,» said local Redfin real estate agent Sarah Rollinger. «Townhomes are picking up steam, but condos are still 110% a buyer’s market. I have seen a lot of canceled condo listings, so we have quite a backlog of condo sellers on top of the current inventory.»

2) If you can’t waive contingencies, sweeten them for the seller

Shorten the contingency timeline: One of the best ways to make an offer more competitive is to waive contingencies, such as the inspection contingency and the appraisal contingency. Buyers who don’t feel comfortable doing this can instead opt to expedite the contingency timeline, meaning they agree to wrap up their inspection or appraisal more quickly than normal.

Sign a low-appraisal addendum: If you can’t waive the appraisal contingency, another option is to cover the difference if the appraisal comes in low. For example, if you offered $400,000 and the appraisal ends up at $375,000, you can agree to cut a check for $25,000 when the deal closes.

3) Be open to making offers sight-unseen

Speed is key in a seller’s market as competitive as this one. If you’re interested in a home but live far away or just haven’t been able to tour it, you can still throw your hat in the ring. Video tours and 3D walkthroughs have made sight-unseen offers much more feasible during the pandemic. Almost two-thirds (63%) of people who bought a home last year made an offer on a property that they hadn’t seen in person, the highest share since at least 2015 and up from 32% a year earlier, according to a survey Redfin commissioned in November and December.

«My client lost out on even seeing a house because the seller accepted an offer before starting showings,» said Colorado Springs, CO Redfin agent Ashley Farrell. «The listing went active Tuesday and showings weren’t scheduled to begin until Thursday, but the seller received five sight-unseen offers and was under contract by Wednesday afternoon. The winning bid was all cash, $45,000 over the $380,000 asking price, and waived the appraisal and inspection contingencies.»

4) Choose an agent and lender who are willing to communicate constantly with the listing agent

In a fast-paced real estate market, constant communication is essential. Buyers should work with agents and lenders who are willing to keep in contact with one another and with the listing agent in order to gather intel about what the seller is looking for, and ensure that the seller knows the buyer is serious.

«When I’m dealing with a multiple-offer situation, a huge plus is when the buyer’s lender contacts me to introduce themself and let me know that they’re on top of everything,» said Sylva Khayalian, a Redfin listing agent in Los Angeles. «Sometimes I get calls from lenders before I even reach out to them to confirm a buyer’s pre-approval, and I love that because it reassures me that I’m not going to have any communication issues and makes the buyer’s offer more competitive. It’s also great when the lender is local because that means they know the ins and outs of the market.»

5) Start low, bid high

A lot of successful buyers today win by making an offer that exceeds the asking price. This also means that a lot of buyers end up exceeding their budgets. To prevent this, San Diego Redfin agent Jim Johnston recommends searching only for homes that are $50,000 to $75,000 below what you can afford, so there’s room to negotiate if necessary.

Once you’ve identified those properties and are ready to start bidding, research recent home sales in your area to determine how much the typical winning bidder is offering above the asking price, said Raleigh, NC Redfin agent Pam Lewis. Then offer more.

«If most winning bidders in your area are offering 5% more than the listing price, then offer 6%,» Lewis said. «And make your offer amount an odd number.»

6) Consider releasing your earnest money early

Earnest money is a deposit buyers put down to show sellers they’re serious about purchasing a home. Typically, a buyer deposits this money into an escrow account when they go under contract on a home and it’s applied to the purchase price at closing. In today’s competitive market, some buyers are offering to release these funds to the seller early as a non-refundable deposit—typically within a few days of going under contract, according to Seattle Redfin agent Heather Stovall.

«This is an enticing offer for many sellers because it means they immediately receive and can keep the funds regardless of whether the transaction closes, and can put those funds toward the purchase of their next home if needed,» Stovall said. «Of course, releasing earnest money early can be a risky proposition for buyers. If a buyer’s financing falls through or they lose their job and can’t complete the purchase, they don’t get the earnest money back after it has been released.»

7) Offer to pay some of the seller’s costs

Homebuyers can make their offers more competitive by offering to pay for expenses that are typically covered at least partially by the seller. These costs can include transfer and recordation taxes, along with title insurance.

«On a scale of 1 to 10, the competitiveness of today’s market is a 10,» said Maryland Redfin agent Zachariah McBride.  «I have only won by having my buyers help the seller net mostly all of their money by covering taxes and paying above the appraised amount in the event of a low appraisal.»

8) Prepare to lose before you win

With more than half of offers facing competition these days, it’s more likely than not that you’ll get into a bidding war if you’re in the market for a home. Go into the process mentally prepared to lose more than once.

«I have clients who have been trying to buy a four-bedroom single-family home in the $650,000 to $800,00 range since November. They started relatively conservatively, offering just over the asking price and maintaining some contingencies,» said Alexandria, VA Redfin agent Matt Ferris. «Three months in, they’d submitted seven failed offers and came around to being very aggressive. They finally got an offer accepted on a home this month. The home they have under contract is very nice, but smaller than the first one they bid on, and they’re paying $10,000 above what that first home closed for. They also had to bid on it sight-unseen before it came on the market and waive all contingencies. It’s a lesson in making offers as strong as possible early in the process.»

It’s also wise to know when to walk away. It’s OK to put your search on hold if you reach the point where you’re not comfortable making the aggressive offers that are often necessary to win in today’s market. You don’t want to end up with buyer’s remorse, after all.

9) Get creative

Some buyers and agents are going to great—and unusual—lengths to win bidding wars. Here are a couple of fun examples:

  • A frothy market: «I’m working with a hop salesman who is offering beer tasting to the sellers.» — Ellen Hudson, Redfin agent in Portland, OR
  • In it to win it: «I researched the seller and found out he’s a former professional athlete. I fine-tuned the offer so that his jersey number—64—was included in the offer amount (964,000 Canadian dollars) and the deposit amount (64,000 Canadian dollars). We ended up beating out a higher, all-cash offer.» — Michael Craigmyle, Redfin agent in Vancouver, B.C.

To read the full report, including tips for sellers, please visit: https://www.redfin.com/news/agent-bidding-war-tips-2021/.

About Redfin
Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we also run the country’s #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

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SOURCE Redfin

Las empresas y los consumidores que compraron una puerta interior moldeada entre el 1 de marzo del 2014 y el 4 de septiembre del 2020 podrían recibir $25 o más de un acuerdo de demanda colectiva global de $19,5 millones

RICHMOND, Va., 23 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — El siguiente aviso fue emitido conjuntamente por Robins Kaplan LLP, Gustafson Gluek PLLC y Joseph Saveri Law Firm y ha sido autorizado por el Tribunal de Distrito de EE. UU. para el Distrito Este de Virginia, en In re: Litigio Antimonopolio del Comprador Indirecto de Puertas Interiores Moldeadas (n.º 3:18-cv-00850-JAG).

La demanda, In re: Litigio Antimonopolio del Comprador Indirecto de Puertas Interiores…

RICHMOND, Va., 23 de febrero de 2021 /PRNewswire-HISPANIC PR WIRE/ — El siguiente aviso fue emitido conjuntamente por Robins Kaplan LLP, Gustafson Gluek PLLC y Joseph Saveri Law Firm y ha sido autorizado por el Tribunal de Distrito de EE. UU. para el Distrito Este de Virginia, en In re: Litigio Antimonopolio del Comprador Indirecto de Puertas Interiores Moldeadas (n.º 3:18-cv-00850-JAG).

La demanda, In re: Litigio Antimonopolio del Comprador Indirecto de Puertas Interiores Moldeadas, Caso n.º 3:18-cv-00850-JAG, pendiente en el Tribunal de Distrito de EE. UU. para el Distrito Este de Virginia, alega que JELD-WEN, Inc. y Masonite Corporation («demandados del acuerdo») acordaron fijar los precios de las puertas interiores moldeadas («Interior Molded Doors, IMD») y, como resultado, los consumidores y las empresas que compraron indirectamente IMD independientes no destinadas a la reventa pueden haber pagado más de lo que deberían. Si bien los demandados del acuerdo han aceptado llegar a un acuerdo, no han aceptado el hecho de que hayan cometido un delito o sean responsables o deban dinero o beneficios a los demandantes. El Tribunal no ha decidido quién tiene razón.

¿Quién está incluido?

Usted es un miembro del grupo del acuerdo si compró indirectamente una IMD independiente no destinada a la reventa entre el 1 de marzo del 2014 y el 4 de septiembre del 2020. Las compras deben haberse realizado en un estado de comprador indirecto o mientras se residía allí al momento de la compra. «Indirectamente» significa que compró la IMD independiente de alguien diferente a los demandados del arreglo (por ejemplo, compró una IMD independiente en Home Depot, Lowe’s o en un almacén de madera).

Las IMD son un tipo de puerta de interior fabricada mediante un proceso de intercalado de un marco de madera y un núcleo hueco o sólido entre dos paneles de puerta moldeados, en lugar de fabricar toda la puerta con madera maciza. Una «puerta interior moldeada independiente» es una IMD que no está incorporada como parte de un producto más grande (como la compra de una vivienda) o de un servicio (como la instalación de la puerta en una vivienda). Por ejemplo, usted está incluido si es (a) un consumidor que compró una IMD para instalarla en la vivienda O (b) una empresa o un contratista comercial que compró una IMD para incluirla como un servicio proporcionado a un cliente o para su propio uso. Las IMD independientes contienen patrones y no incluyen puertas al ras que no tienen patrones ni relieves.

Las definiciones de IMD, IMD independientes y la lista de estados de comprador indirecto, entre otras, están disponibles en el sitio web del acuerdo www.InteriorMoldedDoorSettlement.com.

¿Qué ofrece el acuerdo?

El acuerdo establece un fondo del acuerdo total de $19,500,000 («fondo del acuerdo»). Una vez deducidos los gastos de notificación y administración, los honorarios de los abogados, las indemnizaciones por servicios a los representantes del grupo y los gastos del litigio, según lo aprobado por el Tribunal («fondo neto del acuerdo»), el fondo neto del acuerdo estará disponible para su distribución entre los miembros del grupo del acuerdo que presenten oportunamente reclamos válidos. Se estima que cada miembro del grupo del acuerdo que presente un reclamo válido recibirá al menos $25. Los pagos se basarán en una serie de factores, entre los que se incluyen, como mínimo, la cantidad de reclamos válidos presentados por todos los miembros del grupo del acuerdo y la cantidad de IMD independientes compradas por cada miembro del grupo del acuerdo.

¿Cuáles son mis derechos y opciones?

Presentar un reclamo: Para recibir un pago del acuerdo, debe presentar un reclamo a través de www.InteriorMoldedDoorSettlement.com y presentar (o imprimir y enviar por correo) un formulario de reclamo. Se debe presentar un formulario de reclamo válido en línea o con sello postal antes del 25 de junio del 2021.

No hacer nada: Se le incluirá en el grupo del acuerdo y estará sujeto a la decisión del Tribunal, pero no recibirá ningún pago. Renunciará a sus derechos de demandar a los demandados por el acuerdo sobre los reclamos en este caso. 

Excluirse: Puede excluirse («optar por no participar») del acuerdo presentando una solicitud de exclusión al administrador del acuerdo que se recibirá a más tardar el 2 de junio del 2021. Si lo hace, no podrá recibir un pago del acuerdo, pero conservará el derecho a demandar por su cuenta en relación con cualquier reclamo que forme parte del acuerdo. 

Objetar: También puede objetar cualquier parte de este acuerdo. Las objeciones deben enviarse por correo al secretario del Tribunal y al administrador del acuerdo y se recibirán a más tardar el 2 de junio del 2021. 

Los detalles sobre cómo excluirse, objetar y enviar por correo su formulario de reclamo están disponibles en el sitio web del acuerdo.

¿El Tribunal aprobó el Acuerdo?

No, el Tribunal ha fijado una audiencia para el 13 de julio del 2021 a las 9:00 a. m. para determinar si se aprueba el acuerdo, las indemnizaciones por servicio de los representantes del grupo que no superarán los $56,000 en total, los gastos de los abogados que no superarán los $5,000,000 y los honorarios de los abogados que no superarán el 33 % del fondo del acuerdo. Si hay objeciones o comentarios, el Tribunal las considerará en ese momento. Usted o su abogado pueden comparecer en la audiencia por su cuenta. La audiencia puede cambiar de fecha u hora sin previo aviso. Consulte el sitio web del acuerdo o llame al 1–844-964-2884 para obtener información actualizada.

¿Cómo puedo obtener más información?

Este aviso resume el acuerdo de conciliación. Puede obtener una copia del Acuerdo de Conciliación, documentos importantes del Tribunal y más información sobre el acuerdo en www.InteriorMoldedDoorSettlement.com.

Los escritos de certificación de grupo y los informes de los expertos de las partes están actualmente sellados en espera de una apelación. Los miembros del grupo del acuerdo pueden obtener estos documentos poniéndose en contacto con los asesores del grupo del acuerdo o con el administrador del acuerdo. La Orden de protección está disponible en el sitio web del acuerdo. Siempre y cuando estos documentos se desprecinten, se publicarán de inmediato en línea en el sitio web del acuerdo.

Puede escribir sus preguntas a info@InteriorMoldedDoorSettlement.com o llamar al número gratuito, 1-844-964-2884. También debe registrarse en el sitio web para recibir una notificación directa de los términos del plan de asignación del fondo del acuerdo, cómo presentar un formulario de reclamo y otra información relacionada con este caso.

FUENTE Robins Kaplan LLP, Gustafson Gluek PLLC, and Joseph Saveri Law Firm

EVgo Awarded Grant by State of Pennsylvania to Support 14 New Fast Chargers

LOS ANGELES, Feb. 23, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs) and only platform that is…

LOS ANGELES, Feb. 23, 2021 /PRNewswire/ — EVgo, the nation’s largest public fast charging network for electric vehicles (EVs) and only platform that is powered by 100% renewable electricity, announced today that it was awarded a grant by the Commonwealth of Pennsylvania to deploy three new DC fast charging locations capable of simultaneously charging 14 EVs at retail centers in the Philadelphia area and near the Pittsburgh International Airport. Development of the new stations will be financially supported by the Pennsylvania Department of Environmental Protection’s (DEP) Driving PA Forward initiative, with funding provided through a Volkswagen environmental mitigation settlement Appendix D grant.

«EVgo is excited to partner with the Pennsylvania DEP to expand the reach of reliable and convenient fast charging to more EV drivers in the state,» said Cathy Zoi, CEO of EVgo. «Public-private partnerships are key to spurring EV adoption, and it’s especially meaningful for me, someone who grew up in Philadelphia and Pittsburgh, to help bring two cities I previously called ‘home’ closer to an all-electric future. We look forward to the continued growth of EVgo’s network in Pennsylvania and beyond, as the demand for fast EV charging continues its rapid expansion across the country.» 

EVs are a key part of any state’s efforts to reduce emissions and boost the economy. Through the Driving PA Forward initiative, the Pennsylvania DEP aims to permanently reduce NOx emissions by as much as 27,700 tons. As part of this effort, the state has allocated approximately $10 million over a 5-year period to fund a competitive grant program for acquisition, installation, operation and maintenance of EV fast charging equipment and hydrogen fuel cell vehicle supply equipment. EVgo was chosen as a recipient for the first and second rounds of this state grant program, which is designed to assist with the installation or expansion of strategically significant zero emission vehicle fueling projects.

As of September 2020, Pennsylvania had over 15,000 locally registered EVs – a more than 34% year over year increase and a nearly 150% expansion since the same point in 2018. With EV momentum building within the state, the need for convenient and reliable charging options is growing in response. Currently, there are less than 120 non-Tesla fast chargers in the state of Pennsylvania according to the U.S. Department of Energy. Today’s news will add 10% more public fast charging capacity to the Keystone State, and through EVgo’s new stations, drivers in the Philadelphia and Pittsburgh areas can enjoy efficient fast charging while they shop. The expansion will build on the 2,200+ members already served by EVgo in and around the two cities today. 

About EVgo

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 67 metropolitan areas across 34 states, EVgo owns and operates the most public fast charging locations in the US. and serves more than 220,000 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 U.S. drivers to take advantage of 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 is owned by 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.

About LS Power

LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, LS Power has developed, constructed, managed or acquired more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects, and has developed more than 660 miles of high voltage electric transmission. Additionally, LS Power actively invests in businesses focused on renewable energy and renewable fuels, as well as distributed energy resource platforms, such as CPower Energy Management and EVgo. Across its efforts, LS Power has raised in excess of $46 billion in debt and equity capital to support North American infrastructure. For more information, please visit www.lspower.com.

Contacts:

EVgo

For Investors:
EVgoIR@icrinc.com

For Media:
EVgoPR@icrinc.com

LS Power

Steven Arabia
Director, Government Affairs & Media Relations
sarabia@lspower.com
609-212-3857

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SOURCE EVgo

One and Only Eco-Friendly Diaper Brand with 1-for-1 Charity Model, Believe Diapers, Set to Change the Course of American Diaper Need

NEW YORK, Feb. 23, 2021 /PRNewswire/ — Today, Believe Diapers, the first socially responsible and <a target="_blank"…

NEW YORK, Feb. 23, 2021 /PRNewswire/ — Today, Believe Diapers, the first socially responsible and eco-friendly diaper brand with a true 1-for-1 charitable model, launches to U.S. consumers. Born of the insight that one in three U.S. families struggles to afford diapers, philanthropy is at the Brand’s core. Diaper need has a negative ripple effect, impacting an entire family’s ability to work and attend school. To help address the shortage, Believe Diapers has pledged to donate one million diapers to U.S. families in need at launch, in addition to their 1-for-1 diaper matching donations. Believe Diapers will partner with Good+Foundation to facilitate all diaper donations.

Of the launch, Believe Diapers’ CEO Joe Masi said, «A little over a year ago, my wife [co-founder Uli Herzner] and I became aware of the extreme diaper need in the U.S. and furthermore, the implications caused by that lack of resource. From post-partum depression to the inability to enroll children in daycare, we founded Believe Diapers in an effort to alleviate some of this largescale need.»

Diaper need is definitely a cause familiar to Good+Foundation. «Last year we saw a 500 percent increase in diaper requests as under-resourced families continue to struggle with diaper need in the United States,» said Katherine Snider, CEO of Good+Foundation. «Tens of thousands of families across the country will benefit from this generous donation from Believe Diapers.» 

Designed to be good for babies and also good for the planet, Believe Diapers are made with bamboo, a renewable resource that is also hypoallergenic, antimicrobial and odor resistant. These super soft, absorbent bamboo diapers are also free of all harmful chemicals, preservatives and additives. Believe Diapers is focused on creating the best diapers for today’s world, because «Earth is a mother, too.»

«While everyone deserves diaper security, creating a sustainable diaper out of respect to the environment is also extremely important to us – especially for the next generation around which our diapers will be placed. As diapers are a leading cause of pollution, Believe Diapers are crafted with renewable and sustainable materials in an effort to lessen the environmental impact and footprint associated with disposable goods,» said Uli Herzner.

ABOUT BELIEVE DIAPERS: The only eco-friendly diaper brand with a 1-for-1 charity model, Believe Diapers is set to change the course of diaper need in America by donating one diaper to a U.S. family in need for every Believe Diaper purchased. Embracing core values of generosity, purity and responsibility, our mission is to provide parents with diapers that are good for babies and kind to the environment, while helping those in need.

Facebook | @believediapers | believediapers.com

 

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SOURCE Believe Diapers

Redwire Acquires Deployable Space Systems (DSS), a Leading Supplier of Space Mission-Enabling Deployable Solar Arrays, Structures and Mechanisms

JACKSONVILLE, Fla., Feb. 23, 2021 /PRNewswire/ — Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications. Terms of the transaction were not disclosed.

«DSS has an unmatched reputation for innovative deployable space technologies and…

JACKSONVILLE, Fla., Feb. 23, 2021 /PRNewswire/ — Redwire, a new leader in mission critical space solutions and high reliability components for the next generation space economy, announced today that it has acquired Deployable Space Systems, Inc. (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications. Terms of the transaction were not disclosed.

«DSS has an unmatched reputation for innovative deployable space technologies and infrastructure, and that is a perfect fit for Redwire’s technology portfolio,» said Peter Cannito, Chairman and CEO of Redwire. «These new capabilities will expand our set of space infrastructure solutions and deliver even greater value to our customers.»

«Redwire has the vision, resources, reputation and relationships to take DSS to the next level, and we’re excited to join the team at this critical stage of our company growth,» said DSS President and Co-founder Brian Spence. «As a part of Redwire, we will be able to better serve our customers and scale our capabilities to support demand, while maintaining our innovative culture and strong commitment to provide the highest value for our customers.»

«While DSS has contracts with the largest leaders in aerospace today, Redwire will provide us with the size and breadth of services needed to secure even more competitive projects in the industry,» said DSS Vice President and Co-founder Steve White.

Founded in 2008 and headquartered in Goleta, California, DSS is the leading developer and provider of satellite mechanisms, deployable structures and booms and deployable solar array systems to the global space market. The company’s key products include deployable solar array systems, deployable structural and mechanical systems and supporting subsystems. This includes the award-winning and patented Roll-Out Solar Array, which NASA will use to upgrade the International Space Station’s solar arrays later this year. In collaboration with its customers, DSS designs, analyzes, builds, tests and delivers state-of-the-art deployable technologies and innovative products that are being implemented in Department of Defense, NASA and commercial programs.

DSS marks Redwire’s seventh acquisition. Redwire has amassed an innovative portfolio of space infrastructure capabilities through the strategic acquisitions of Adcole Space, Deep Space Systems, Made In Space, Roccor, LoadPath and Oakman Aerospace. Redwire was formed in June 2020 by AE Industrial Partners, LP (AEI), a private equity firm specializing in Aerospace, Defense, Space & Government Services, Power Generation and Specialty Industrial markets.

«Redwire and AEI have been focused on identifying innovative companies that are critical to enabling sustainable space infrastructure, and DSS’s dominance in innovative deployable solar arrays and structures is a valuable addition to Redwire’s technology portfolio,» said Kirk Konert, Partner at AEI. «We are pleased to see Redwire’s strategic growth as the industry leader for space infrastructure.»

PricewaterhouseCoopers LLP served as the financial advisor and Kirkland & Ellis LLP served as the legal advisor to Redwire. Fell, Marking, Abkin, Montgomery, Granet & Raney, LLP was the legal advisor to DSS.

About Redwire
Redwire is a new leader in mission critical space solutions and high reliability components for the next generation space economy. With decades of flight heritage combined with the agile and innovative culture of a commercial space platform, Redwire is uniquely positioned to assist its customers in solving the complex challenges of future space missions. For more information, please visit www.redwirespace.com.

About Deployable Space Systems
Deployable Space Systems (DSS) is a leading provider of satellite mechanisms, deployable structures and booms, and deployable solar array systems to the global space market. DSS’s product portfolio includes the award-winning and patented ROSA (Roll-Out Solar Array), Integrated Modular Blanket Assembly; Aladdin, Rigid-Panel and Functional Advanced Concentrator Technology solar array technologies; a multitude of elastically and articulated deployable structures and booms, open-lattice booms, telescopic booms; and a variety of mission-enabling mechanisms for space applications. Founded in 2008, DSS is headquartered in Goleta, California. For more information, visit www.dss-space.com.

About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in Aerospace, Defense, Space & Government Services, Power Generation and Specialty Industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from its deep industry knowledge, operating experience, and relationships throughout its target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment. Learn more at www.aeroequity.com.

Media Contacts:

For Redwire:
Austin Jordan
321-536-8632
austin.jordan@redwirespace.com

For AE Industrial Partners:
Lambert & Co.
Jennifer Hurson
845-507-0571
jhurson@lambert.com
or
Caroline Luz
203-656-2829
cluz@lambert.com

 

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SOURCE Redwire; AE Industrial Partners

OTC Markets Group Welcomes BIGG Digital Assets Inc. to OTCQX

NEW YORK, Feb. 23, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced <a target="_blank"…

NEW YORK, Feb. 23, 2021 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced BIGG Digital Assets Inc. (CSE: BIGG; OTCQX: BBKCF), owner of Netcoins (Netcoins.ca) («Netcoins»), an online cryptocurrency brokerage,  and owner of Blockchain Intelligence Group («BIG»), a developer of Blockchain technology search, risk-scoring and data analytics solutions, has qualified to trade on the OTCQX® Best Market. BIGG Digital Assets upgraded to OTCQX from the OTCQB® Venture Market.

BIGG Digital Assets begins trading today on OTCQX under the symbol «BBKCF.»  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

BIGG CEO, Mark Binns, commented, «We are very pleased to reach the milestone of trading on OTCQX, and look forward to the increased exposure that the OTCQX will bring to potential investors in BIGG including US investment funds and family offices.»

About BIGG Digital Assets Inc.
BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Netcoins (netcoins.ca) and Blockchain Intelligence Group (blockchaingroup.io). 

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified®, offers a «risk score» for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements. 

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities.  Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by OTC Link LLC, member FINRA/SIPC.

Subscribe to the OTC Markets RSS Feed

Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com 

(PRNewsfoto/OTC Markets Group Inc.)

 

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SOURCE OTC Markets Group Inc.

Home Improvement Host and Influencer, Danny Lipford, Shares Expert Tips to ‘Caulk Out the Cold’ This Winter

MOBILE, Ala., Feb. 23, 2021 /PRNewswire/ — If you’re interested in saving 15% on your winter energy bill, tune in for advice from Today’s Homeowner Media home improvement host, Danny Lipford, in a national media campaign titled, «Caulk Out the Cold.» Partnering with…

MOBILE, Ala., Feb. 23, 2021 /PRNewswire/ — If you’re interested in saving 15% on your winter energy bill, tune in for advice from Today’s Homeowner Media home improvement host, Danny Lipford, in a national media campaign titled, «Caulk Out the Cold.» Partnering with New Jersey-based gas and electric utility, Public Service Electric and Gas Co. (PSE&G), Lipford is excited to launch the campaign and raise awareness among homeowners about reducing energy use, saving money and shrinking their carbon footprint.

«Being a homeowner can feel overwhelming at times – there’s always something that needs to be done,» says Lipford. «But if you can only make time for a few chores, sealing the envelope of your home should be at the top of your list! It will provide a more comfortable environment for you and your family and help reduce your energy use and costs – making you the smartest homeowner on the block.»

«Being a homeowner can feel overwhelming at times – there’s always something that needs to be done,» says Lipford. «But if you can only make time for a few chores, sealing the envelope of your home should be at the top of your list! It will provide a more comfortable environment for you and your family and help reduce your energy use and costs – making you the smartest homeowner on the block.»

One of the easiest ways to seal your home is to grab some caulk. Small cracks and crevices around doors, windows and other protrusions might seem small, but Lipford notes adding them up could easily translate to a 3′ x 3′ space. Caulking these areas will keep out cold winter air, and prevent pollen, humidity and insects from entering your home.

He also offers a tip for identifying drafty areas and cracks – turn off fans and your HVAC system, and light a match. Hold the match near windows and doors and watch for flame movement. If the flame is disturbed, air is leaking in the area. If it remains undisturbed, that window or door is likely well-sealed. Get Lipford’s guide for successful caulking.

In addition to «Caulking Out the Cold,» assessing your home’s insulation is vital to sealing its envelope. Installing additional insulation, according to Lipford, provides the best return on investment for any homeowner. If you aren’t sure about your current insulation level, check out Lipford’s video guide to determine your needs. 40 percent of a home’s heat loss takes place through the attic, so protecting it with additional insulation, along with other areas such as floors and crawlspaces, provides immediate improvement in comfort and energy savings.

Lipford offers another clever tip for homeowners – adding an attic stair cover. In most homes, attic stairs are mounted to a thin piece of plywood, which separates heated or conditioned air from escaping through the attic. Attic stair covers are inexpensive and require no formal installation, so putting one in place adds more energy savings to your bottom line.

Finally, to round out the campaign, Lipford discusses the important, but often «unseen,» impact of improving energy efficiency in homes – benefit to the environment. By consuming less energy in homes, homeowners actively conserve natural resources and reduce their carbon footprint. Energy efficiency is the centerpiece of PSE&G’s clean energy vision because it benefits customers and the environment – it’s the one strategy for combating climate change that lowers customers’ bills. PSE&G’s energy efficiency programs have won 14 awards since 2012.

The media campaign is sponsored by PSE&G and Today’s Homeowner Media, and is broadcasting across TV and radio outlets throughout the U.S. to an audience of 7+ million.

ABOUT TODAY’S HOMEOWNER 

Today’s Homeowner, led by host and expert remodeler, Danny Lipford, is a trusted home improvement authority delivering fresh, original, practical advice to consumers across diverse media platforms including the top-rated, nationally syndicated «Today’s Homeowner» television show, radio show, podcast, website and social channels.  

ABOUT PSE&G

Public Service Electric and Gas Co. (PSE&G) is New Jersey’s oldest and largest gas and electric delivery public utility, serving three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne Award for superior electric system reliability. In 2020, PSE&G was named the most trusted combined gas & electric utility in the East Region, by the Cogent Syndicated Brand Trust Index. PSE&G is a subsidiary of Public Service Enterprise Group Inc. (PSEG), a diversified energy company. PSEG has been named to the Dow Jones Sustainability Index for North America for 13 consecutive years.

Media Contact:
Stephanie Greenwood, VP of PR, Marketing & Digital
(251) 401-7535
stephanie@dannylipford.com

Related Images

todays-homeowner-pse-g.png
Today’s Homeowner, PSE&G
Today’s Homeowner, PSE&G

Related Links

Today’s Homeowner

PSE&G Winter Tips

Related Video

https://vimeo.com/503562767

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SOURCE Today’s Homeowner Media

Lucid Motors and Churchill Capital Corp IV Announce Investor Call to Discuss Proposed Merger

NEWARK, Calif. and NEW YORK, Feb. 23, 2021 /PRNewswire/ — Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV), a special purpose acquisition company, announced today that they will hold an investor call and live Q&A with Peter Rawlinson, CEO and CTO of Lucid, and Michael Klein, Chairman and CEO of CCIV, on <span…

NEWARK, Calif. and NEW YORK, Feb. 23, 2021 /PRNewswire/ — Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV (NYSE: CCIV), a special purpose acquisition company, announced today that they will hold an investor call and live Q&A with Peter Rawlinson, CEO and CTO of Lucid, and Michael Klein, Chairman and CEO of CCIV, on Tuesday, February 23, 2021 at 10:30 a.m. EST, to discuss their recently announced $11.75 billion transaction.

Date: Tuesday, February 23, 2021
Time: 10:30 a.m. EST (7:30 a.m. PT)
Videoconference link: link – Conference ID: 981 8408 5468
Toll-free dial-in number: +16699006833,,98184085468# 
International dial-in number:  https://blueshirtgroup.zoom.us/u/acxS5SAc7Q 

A replay of the conference call will be available after 3:00 p.m. EST on the same day through March 15, 2021.

About Lucid Motors

Lucid’s mission is to inspire the adoption of sustainable transportation by creating the most captivating electric vehicles, centered around the human experience. The company’s first car, the Lucid Air, is a state-of-the-art luxury sedan with a California-inspired design underpinned by race-proven technology. Featuring luxurious interior space in a mid-size exterior footprint, the Air will be capable of an estimated EPA range of over 500 miles and 0-60 mph in under 2.5 seconds. Customer deliveries of the Lucid Air, which will be produced at Lucid’s new factory in Casa Grande, Arizona, will begin in the second half of 2021.

About Churchill Capital Corp IV

Churchill Capital Corp IV was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Additional Information About the Proposed Transactions and Where to Find It

The proposed transactions will be submitted to shareholders of CCIV for their consideration. CCIV intends to file a registration statement on Form S-4 (the «Registration Statement») with the Securities and Exchange Commission (the «SEC») which will include preliminary and definitive proxy statements to be distributed to CCIV’s shareholders in connection with CCIV’s solicitation for proxies for the vote by CCIV’s shareholders in connection with the proposed transactions and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Lucid’s shareholders in connection with the completion of the proposed business combination.  After the Registration Statement has been filed and declared effective, CCIV will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed transactions. CCIV’s shareholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, in connection with CCIV’s solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed transactions, because these documents will contain important information about CCIV, Lucid and the proposed transactions. Shareholders may also obtain a copy of the preliminary or definitive proxy statement, once available, as well as other documents filed with the SEC regarding the proposed transactions and other documents filed with the SEC by CCIV, without charge, at the SEC’s website located at www.sec.gov or by directing a request to CCIV.

INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

Participants in the Solicitation

CCIV, Lucid and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from CCIV’s shareholders in connection with the proposed transactions. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of CCIV’s shareholders in connection with the proposed transactions will be set forth in CCIV’s proxy statement/prospectus when it is filed with the SEC. You can find more information about CCIV’s directors and executive officers in CCIV’s final prospectus filed with the SEC on July 30, 2020. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Contacts

For Lucid Motors, Inc.
Andrew Hussey
andrewhussey@lucidmotors.com
media@lucidmotors.com
investors@lucidmotors.com
Brunswick Group:
Tim Daubenspeck/Stephen Powers/Will Rasmussen
lucid@brunswickgroup.com

For Churchill Capital Corp IV
Steve Lipin / Lauren Odell / Christina Stenson
Gladstone Place Partners
(212) 230-5930

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SOURCE Churchill Capital Corp IV

GFL Environmental Inc. Announces Appointment of Violet Konkle to the Board of Directors

VAUGHAN, ON, Feb. 23, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that Violet Konkle has joined the Board of Directors as an independent director and a member of the Audit Committee.

<a…

VAUGHAN, ON, Feb. 23, 2021 /PRNewswire/ – GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) («GFL» or the «Company») today announced that Violet Konkle has joined the Board of Directors as an independent director and a member of the Audit Committee.

«I am very excited that Vi has agreed to join our Board of Directors,» said Patrick Dovigi, Founder and Chief Executive Officer of GFL. «Vi brings with her a wealth of experience as an operator, having previously served as the President and Chief Executive Officer of the Brick Ltd. and holding several executive level positions with Walmart Canada and Loblaws Companies. She currently serves on the board of directors of The Boyd Group Services Inc. (TSX:BYD) and The Northwest Company (TSX:NWC). We welcome Vi to our board and look forward to working with her.»

«I am delighted to join the GFL Board of Directors. GFL is a dynamic Canadian company with a very promising future,» said Ms. Konkle. «I look forward to serving with the other directors, Patrick and GFL’s stellar management team.»

Mr. Dovigi continued, «We are also announcing today the resignation of Shahir Guindi, who served as a director of the Company since 2018 and a member of the Audit Committee since March 2020.  I would like to thank Shahir for his valued contributions and his insightful advice during his tenure as a director.»

«Having had a very small part in GFL’s extraordinary journey has been a true privilege and pleasure for me,» said Shahir Guindi. «The Company’s successful initial public offering and impressive execution and integration of large M&A and smaller tuck-in acquisitions is a testament to Patrick’s leadership and vision and the strength of an exceptionally hard-working and dedicated management team.»

About GFL

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in 27 states in the United States.  Across its organization, GFL has a workforce of more than 15,000 employees. 

For further information: Patrick Dovigi, Founder and Chief Executive Officer, +1 905-326-0101, pdovigi@gflenv.com

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SOURCE GFL Environmental Inc.