News Hub | News Direct

Real Estate

Commercial Home Building Property Management REIT Real Estate Residential
Article thumbnail News Release

Don’t Get Scammed: Avoiding Fraud After a Natural Disaster

YourUpdateTV

With hurricane season and wildfire season now in full swing in many parts of the country, damage and loss to homes in affected areas are unavoidable. A video accompanying this announcement is available at: https://youtu.be/ssyXH4X55KU The National Insurance Crime Bureau is warning those living in areas that could suffer from a natural disaster to not only be prepared for the disaster but to be aware of the potential for fraudulent contractors and vendors taking advantage of victims in its aftermath. Oftentimes, these deceitful actors will target neighborhoods affected by disasters and make an unsolicited stop at your home. They’ll take your money, often overcharging, and do shoddy or no work at all, promising that your insurance company will pay for it all. Insurance fraud related to natural disasters can add millions of dollars paid out by insurers, which results in higher premiums for policyholders. In some cases, individual homeowners are on the hook for up to tens-of-thousands of dollars they may not be able to recover. On Wednesday, July 14, NICB President & CEO David Glawe conducted a nationwide media tour with TV stations across the country to discuss how to avoid home repair fraud after a natural disaster and many other consumer friendly topics. During the media tour interviews David Glawe discussed: The steps homeowners can and should take prior to a natural disaster and how preparation can help reduce chances of becoming a victim of fraud The kind of fraud that takes place following disasters while victims are trying to put their homes and lives back together The best practices for disaster victims when hiring contractors or vendors and tips for avoiding dishonest contractors What the federal response will be following a natural disaster and what it entails for both recovery and helping to alleviate fraud problems The most common methods fraudulent contractors try to scam disaster victims The resources available to help homeowners and other disaster victims avoid potential fraudulent actors or report fraud when they encounter it About YourUpdateTV: YourUpdateTV is a social media video portal for organizations to share their content. It includes separate channels for Health and Wellness, Lifestyle, Media and Entertainment, Money and Finance, Social Responsibility, Sports and Technology. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 15, 2021 11:05 AM Eastern Daylight Time

Video
Article thumbnail News Release

Cyvatar Wins Grand Trophy in the Annual Disruptor Awards

Cyvatar

Cyvatar won its second Grand Trophy of the year during the 2021 Disruptor Company Awards. In addition to its Grand Trophy win, the company walked away with a gold award for security services and bronze for security cloud and SaaS. The disruptor awards judges recognize disruptors as highly persistent, mostly beginning from scratch without the constraints of traditionally accepted processes or business models. Instead, they use modern technology and tools to achieve superior end results. The excellence and innovation found in Cyvatar’s cybersecurity-as-a-service (CSaaS) offering has been recognized again and again since its debut last fall. The disruptor awards mark Cyvatar’s 17th win in eight months. “Like other disruptors, we do things differently at Cyvatar,” said Cyvatar Co-Founder and Chief Product and Strategy Officer Craig Goodwin. “We’re not hindered by legacy systems or bound by outdated solutions. We confidently face the challenges of providing security solutions that are effortless for our members to use and affordable for them to purchase.” Cyvatar brings the membership economy to cybersecurity with its innovative CSaaS model and a platform that has already become the de facto operating system for today’s security programs. It transforms cybersecurity for its customers and continually meets their ever-evolving business and security requirements. The company was selected from organizations around the world that vied for top honors. Its disruptive, game-changing platform delivers fast, affordable, fully managed security programs for any size business; processes designed to provide outcomes, continuous remediation, and ongoing solution maintenance; and the ability for all of its members to execute their security strategies at speed and scale. Does your organization need award-winning cybersecurity? Find out how Cyvatar can help. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is a global organization with operations around the world. Begin your journey to security confidence at https://cyvatar.ai/ and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Company Website https://cyvatar.ai/

July 13, 2021 11:00 AM Eastern Daylight Time

Article thumbnail News Release

Cyvatar Takes Home Top Prize in 2021 Fortress Awards

Cyvatar

Cyvatar today received more industry accolades as it was named a winner in network security by the Business Intelligence Group for its innovative Cybersecurity-as-a-Service (CSaaS) offering as part of the 2021 Fortress Cybersecurity Awards. The Fortress awards program identifies and rewards the world’s leading companies and products that are working to keep data and electronic assets safe among a growing threat from hackers. “2021 is rapidly becoming the toughest year for cybersecurity professionals and as our reliance on networks continues to accelerate, our identities and data have quickly become global currency, so security is more important than ever,” said Maria Jimenez, chief nominations officer at the Business Intelligence Group. “We are proud to recognize all of our winners and finalists who are on the frontlines of the effort to prepare, defend and respond to this growing threat.” Cyvatar’s proprietary ICARM method guarantees proper installation, configuration, assessment, remediation, and maintenance for every Cyvatar technology solution so that organizations actually achieve better protection and resilience from their investments And because Cyvatar’s method is continuous, it protects against attack vectors that haven’t even surfaced yet. “It’s continued validation of our unique CSaaS model that industry peers recognized Cyvatar again for exceptional leadership and innovation,” said Cyvatar Co-Founder and Chief Product and Strategy Officer Craig Goodwin. “As the first subscription-based CSaaS company to deliver effortless, affordable cybersecurity, we enable our members to protect confidential information with the people, processes, and technology essential to ensure they get value from their security tools, from conception and strategy to implementation and maintenance. No other provider delivers holistic security at price points that work for any size customer and guaranteed value that allows customers to cancel anytime.” Cyvatar CSaaS levels the playing field by democratizing cybersecurity and making the best protection accessible and affordable for every size organization, even if they have no cybersecurity expertise in-house. If your organization needs award-winning cybersecurity, Cyvatar can help. About Cyber Defense Magazine With over 5 Million monthly readers and growing, and thousands of pages of searchable online infosec content, Cyber Defense Magazine is the premier source of IT Security information for B2B and B2G with our sister magazine Cyber Security Magazine for B2C. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is headquartered in Irvine, California with locations around the world. Begin your journey to security confidence at CYVATAR.AI and follow us on LinkedIn and Twitter. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai Cyber Defense Magazine April Palanca +18338449468 Company Website https://cyvatar.ai/

July 07, 2021 11:51 AM Eastern Daylight Time

Article thumbnail News Release

Comcast Business Delivers Deluxe Viewing and Connectivity Solutions to Make Rally Hotel Guests Feel at Home

Comcast Colorado

Comcast Business today announced it is providing Rally Hotel with services that will improve the guest experience, including customized TV viewing experiences and options to keep guests connected to their home away from home. The Comcast Business solutions include X1 Hospitality, along with a 2 Gig Ethernet Dedicated Internet (EDI) connection and a 500 Mbps EDI circuit. The solutions will span the hotel’s 182 rooms, as well as its 17,000 square foot outdoor plaza, rooftop pool, bar, event spaces and more. Located in the heart of Denver, the newly opened Rally Hotel offers modern comfort and amenities while putting its guests directly in the center of the exciting LoDo neighborhood. Guests can enjoy unique local attractions before or after they head back to their rooms for a comfortable place to relax and unwind. From the dramatic views on the skybridge rooftop and pool deck to the inventive and playful culinary options to the 21,000 square feet of private event space, The Rally Hotel is the perfect destination for leisure, business, weddings and more. “When it comes to booking a hotel stay, travelers aren’t just looking for a place to rest their heads anymore – they want truly immersive experiences that feel unique to them,” said Tiffany Owen, General Manager, Rally Hotel. “One of the main reasons we partnered with Comcast Business was because we knew they could help us fulfill this need and allow us to create tailored experiences from check-in to check-out.” Comcast Business’ X1 for Hospitality solution makes it simple for Rally Hotel staff to activate, reset, and clear guest-room video devices at check-in or check-out via the Hospitality Management System portal available with X1. Additionally, Rally Hotel can add its logo to the X1 menu and include local On Demand content, like property amenities. As a result, guests can access live TV, their streaming and music apps, as well as On-Demand shows and movies at no extra cost. Easy navigation tools allow them to search for content, get viewing recommendations and rewind live TV with the support of a voice-enabled interactive guide. Meanwhile, the hotel’s 2 Gig EDI connection and 500 Mbps EDI circuit will enable reliable, high-speed connectivity for guests and hotel staff alike. “Technology has become a critical element to delivering high-quality travel experiences, especially in venues like Rally Hotel where people are looking to both decompress and be entertained,” said Robert Thompson, Vice President of Comcast Business for Comcast’s Mountain West Region. “We are pleased to work with Rally Hotel to help keep visitors to the city of Denver feeling comfortable and entertained during their entire stay.” For more information, please visit https://business.comcast.com/denver. About Comcast Business Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what's next. Powered by the nation's largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation's largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About Rally Hotel An anchor of McGregor Square, Denver’s new downtown playground, The Rally Hotel is more than just a place to stay. Adjacent to Coors Field, home of the Colorado Rockies, The Rally combines modern hospitality with lively local spirit. Inside you’ll find 182 inviting accommodations ranging from cozy rooms to spacious suites. The hotel’s restaurants and bars bring the city’s cutting-edge culinary scene to you, and the skybridge rooftop and pool deck is the perfect place to soak up some sun — and striking views. With expansive and adaptable event space, The Rally is perfect for both intimate gatherings and grand events. The Rally inspires the playful side in all of us — start your Denver adventure here. Learn more at www.therallyhotel.com. Contact Details Comcast Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

June 24, 2021 08:30 AM Mountain Daylight Time

Article thumbnail News Release

Cipriani Remodeling Solutions implements innovative strategies to combat industry-wide challenges in a post-pandemic world

Cipriani Remodeling Solutions

As demand for home remodeling reaches an all-time high in 2021, South Jersey-based remodeler Cipriani Remodeling Solutions announced they have changed their processes to overcome the new challenges. To get ahead of supply chain issues, Cipriani’s designers and project managers implemented a communications process to get ahead of ordering key materials that will keep a project on schedule. They are also offering a unique payment structure for homeowners. Cipriani requires only a 2% down payment from homeowners and a pay-as-you-go structure throughout a remodeling project. Builders and contractors typically require large upfront deposits. Cipriani now employs 31 in-house remodeling and design experts, including nine project managers that ensure a project will not experience delays due to labor shortages. According to Cipriani, the demand to remodel a home has never been higher during a summer season due to a workforce that continues to shift to a home office environment, the need for more functional space for the family, and historically low interest rates. “We’ve listened to our customers and understand that peace of mind is a top priority when embarking on a remodeling project,” said Jay Cipriani, President of Cipriani Remodeling Solutions. “As we come out of the pandemic, there is so much uncertainty in our industry with supply chain concerns, fluctuating lumber prices, and delays. Not only do we have a system in place to provide solutions for those industry-wide question marks, but we also want our customers to feel at ease with the payment structure – whoever has control of the money has the power.” “The Summer of 2021 will be our busiest summer since our company was founded 43 years ago,” added Cipriani. “But our incredible staff is ready to meet that demand and take on new projects while other companies are not.” About Cipriani Remodeling Solutions Inspired at a young age, Jay Cipriani founded Cipriani Remodeling Solutions in 1978 and has since completed over 3,500 renovation projects throughout South Jersey. Jay has been featured on home improvement shows such as the Discovery Channel’s “Gimme Shelter” and DIY Network’s “Rescue My Renovation.” Under Jay’s leadership, Cipriani Remodeling Solutions has won numerous awards for excellence in home remodeling and is viewed as an expert in the industry nationwide. To learn more, visit their website at CiprianiRemodelingSolutions.com or following them on Instagram, Facebook, Twitter, or LinkedIn. Contact Details Eric Nemeth nemeth@ericpr.com Company Website https://ciprianiremodelingsolutions.com/

June 24, 2021 09:03 AM Eastern Daylight Time

Article thumbnail News Release

CHOC Awarded $22.6 Million in State Funding to Build Affordable Housing in Coachella

Community Housing Opportunities Corporation

Community Housing Opportunities Corporation (CHOC), a non-profit affordable housing developer, has been awarded $22.6 million of financing to begin construction of the Coachella Valley Apartments, which will bring new affordable housing units to Coachella. The development, which has a total cost of $35.3 million, initially replaces 20 existing units and adds 36 new units on 2.97 acres at 84900 Bagdad Avenue in Coachella. The 56-unit project, which will include one-, two-, and three-bedroom apartments, is expected to break ground in December. CHOC’s efforts, along with the support of its funding partners, will ensure the property is no longer at risk of being converted to market-rate apartments and remains affordable to the families who need it most. It is the second affordable housing project CHOC has announced in the Coachella Valley this year. “CHOC has long focused on the housing needs of struggling families in the Coachella Valley and remained focused on this region even as the global pandemic presented unforeseen challenges,” said Vincent Nicholas, Vice President of Real Estate Development for CHOC. “This funding comes as part of a highly competitive process, and CHOC’s ability to provide a high-quality, high-impact solution to the growing housing shortage in desert communities has proven a worthwhile investment for Californians.” The award was announced by the California Tax Credit Allocation Committee (CTCAC), which oversees federal and state low-income housing tax credit programs. Much of the project’s remaining costs are funded by a $5 million Joe Serna Farmworker Grant, a program that deploys funding to support housing for farmworkers and their families in rural areas. Additional project costs are supported by $1 million in Riverside County HOME Funds, a $3.8 million City of Coachella CFD loan and USDA Rural Development financing. “We have an obligation to build affordable housing. What pleases us is that it’s one thing to say we are for affordable housing, it’s another to get the funding necessary to make it happen. This award gets us closer to realizing our goal of constructing these much-needed units,” said Coachella Mayor Steve Hernandez. “We are grateful that our families will have access to additional affordable housing opportunities and excited to see state investments support this vital local project,” added California Assemblymember Eduardo Garcia, who represents the 56th district where the project is located. “The affordable housing shortfall has placed a heavy burden on residents, leaving many families to choose between housing payments and other essentials such as food and healthcare. This CHOC project demonstrates what can be accomplished to help alleviate this crisis when we work together as Californians.” Designed by Maria Song, AIA, LEED & AP, principal with the Palm Springs-based architectural firm Interactive Design Corporation, the project shares many of the same design elements of the recently built Coachella Branch Library. Upon entering the property through two entrances that serve a two-way circular drive, the structures are designed in a Contemporary Spanish Colonial with Moorish details of smooth plaster siding, terra-cotta roofing, ceramic mosaics, tile-accented rounded arches, and decorative wrought iron. The architectural style and finishes will be seen throughout all residential buildings, the community building and landscape and are compatible with the character of the neighboring community. “This property will be a fusion of affordability and the design elements seen in the neighborhood and throughout the Coachella Valley. This project will create homes that are not only safe and stable for local families, but also sources of pride for the residents who live there,” said Joy Silver, CHOC Regional Director for Southern California. Funding for the Coachella Valley Apartments project was announced just weeks after the state awarded CHOC $21 million to build The Monarch Apartment Homes, a 60-unit affordable housing community located in Palm Springs. Both properties will begin construction this year and bring needed affordable housing to the Coachella Valley. Since its founding in 1984, CHOC has provided economically-integrated, affordable housing that has given pride to residents, stabilized families and improved local economies throughout California. About CHOC: Founded in 1984, the Community Housing Opportunities Corporation (CHOC) is a non-profit, affordable housing developer based in Fairfield, California with offices in Palm Springs, that creates and manages communities for individuals, families, seniors and those with special needs. CHOC believes that economically integrated, affordable housing is key to self-sufficiency and is achievable with enriching, supportive programs that give pride to residents, stabilize families and improve local economies. www.chochousing.org Contact Details The Hoyt Organization Cinnamon Thompson +1 310-933-6836 cthompson@hoytorg.com Company Website https://www.chochousing.org/

June 23, 2021 08:10 AM Pacific Daylight Time

Image
Article thumbnail News Release

Comcast Business Helps Sabey Bring High-Speed Connectivity to Washington Area Data Centers and Offer Better IT Continuity

Comcast Washington

Comcast Business today announced it is investing in local Washington data centers in partnership with the Sabey Data Centers to bring better IT continuity and connectivity to businesses. Specifically, Comcast Business will integrate its connectivity into data centers located in Tukwila and Quincy, giving businesses a private connection to regional Sabey data centers. The collaboration will also help advance digital transformation initiatives and enable Washington state businesses to better support their employees working remotely. Most recently, Washington state has made a name for itself in the data center sector for hosting the digital assets of California-based enterprises. Thanks to these benefits, Washington is currently experiencing rapid growth across its data center market. Recognizing the benefits of hosting data in Washington state, Sabey Data Centers has brought to market a combined 2.2 million square feet of data center space throughout the state, and is providing tenants with access to reliable, price-stabilized affordable power via sustainable generation, superior connectivity and turnkey infrastructure deployment. As one of the largest privately-owned data center operators in the world, Sabey needs reliable, credible partners to help capitalize on the booming data center market in Washington. They have teamed up with Comcast Business for comprehensive solutions that support the broad connectivity initiatives data centers demand. “CIOs and IT decision makers are often challenged with managing connections to multiple data centers and cloud solutions, managing application performance as well as troubleshooting latency and throughput issues from their data center connections,” said John Ford, VP and General Manager, Sabey Data Centers, Seattle. “Comcast Business’ data center connectivity helps our customers simplify their workloads by providing direct access on a network that can be tied to a business’s physical location – this means great performance, reliability, and scalability, and ultimately greater network agility for businesses.” By integrating Comcast Business’ Hybrid Fiber Coax (HFC) system, Sabey Data Center customers will be able to take advantage of high network availability. Comcast Business has also built diverse 100 Gbps connections through separate network locations in its HFC system, so if there is an outage along one path, alternative paths are available for backup connectivity and support so Sabey customers can stay online. As part of the partnership, Comcast Business will also offer Sabey customers an “on-ramp” to popular cloud services like Amazon Web Services, Microsoft Azure and IBM Cloud via the Comcast Business Direct-to-Cloud platform, which connects customers to the cloud without going through the Internet. “Comcast Business is focused on empowering businesses with a choice in hybrid IT solutions and massive Ethernet network reach,” said Scott Woodard, Director of Sales Engineering for Comcast Business’ WA Region. “Our goal is to connect data centers and cloud services to more than one million Ethernet-enabled buildings and businesses nationwide.” In addition, businesses already using Comcast Business Ethernet and IP services will have efficient and secure access to Sabey’s data centers. Plus, workers with Xfinity internet who need to remotely access information or upload files will be able to send their information through Comcast’s statewide network. “We’ve already seen that the demand for digital transformation has the power to completely revolutionize how a business operates,” said Rob Brenner, Vice President of Comcast Business for Comcast’s Washington Region. “As a provider of comprehensive technology solutions for businesses, we are thrilled to partner with the Sabey Data Centers to help local businesses in Washington transform their backend operations and modernize in anticipation of a data-driven future of work.” For more information, please visit http://business.comcast.com. About Comcast Business Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. Contact Details Comcast Nick McDonald +1 425-977-5565 Nick_McDonald@Comcast.com FINN Partners Chloe Huard +13132094957 chloe.huard@finnpartners.com Company Website https://washington.comcast.com/

June 23, 2021 05:58 AM Pacific Daylight Time

Image
Article thumbnail News Release

Cyvatar Raises an Additional $9 Million in Series A Round

Cyvatar

Cyvatar today announced that it has raised $9 million as part of its Series A financing to help scale and serve its rapidly growing customer base and continue to drive the adoption of its innovative cybersecurity-as-a-service (CSaaS) model. Escalating cybersecurity breaches and the need to address vulnerabilities across systems, networks, and apps fuel the security services market, expected to reach $193 billion by 2028. Additionally, the growth in hybrid and remote workers coupled with unsecured and unpatched BYOD devices further underscores the need for on-demand cybersecurity resources that include human talent, proven processes, and best-of-breed technology delivered from a single intuitive platform. Cyvatar has grown more than 200% since its debut in October. ATX Venture Partners led the round with additional participation from existing customer CORTEC and longtime Cyvatar investor Bill Wood Ventures. Cyvatar closed a $3 million seed round late last year, bringing the total amount raised over the last eight months to $12 million. “We’ve seen fundraising explode in the security space, in part as a result of the raft of ransomware, email compromise, and phishing attacks that have made people more aware of the problem and increased the need to fix it quickly and effectively,” said Chris Shonk, partner at ATX Venture Partners. “Cyvatar is an exciting addition to our dynamic portfolio and a natural fit alongside our other rapidly growing organizations. No other company we evaluated solves the problems of cybersecurity like Cyvatar. With Cyvatar CSaaS, security becomes as effortless as turning on the lights. There’s no better value for customers.” Cyvatar CSaaS offers security in a box for organizations of any size and any level of cybersecurity expertise--already more than 150 platform members have started the security journey with Cyvatar. Its mature sales and marketing engine makes it easy for new members to join and offers ongoing education and support for existing customers to continuously remediate evolving threats, safeguard critical systems, and boost compliance scores. "I can tell you that after implementing just three Cyvatar solutions, our security confidence is a lot stronger than it was before and our company as a whole is far more secure,” said Brent Fanguy, vice president of technology at CORTEC. “We applaud Cyvatar for pricing by employee count because it’s so easy to calculate and fit into our budget -- no counting servers or workstations, which is a nightmare. Cyvatar has delivered consistent value from our security spend, and we look forward to continuing to grow our partnership with them.” Whether customers need to speed their sales cycles, remediate after a breach, prevent future incursions, or respond to a third-party risk assessment, Cyvatar helps them achieve superior business outcomes every day. Click HERE to get started free and learn more about how Cyvatar is making cybersecurity effortless for every business. About Cyvatar Cyvatar is committed to effortless cybersecurity for everyone. As the industry’s first subscription-based, cybersecurity-as-a-service (CSaaS) company, it’s our mission to transform the way the security industry builds, sells, and supports cyber solutions. We empower our members to achieve successful outcomes by providing expert advisors, proven technologies, and a strategic process roadmap to guarantee results that map to their business drivers. Our approach is rooted in proprietary ICARM (installation, configuration, assessment, remediation, maintenance) methodology that delivers smarter, measurable security solutions for superior compliance and cyber-attack protection faster and more efficiently, all at a fixed monthly price. And because we’re a subscription, members can cancel anytime. Cyvatar is a global organization with operations around the world. Begin your journey to security confidence at cyvatar.ai and follow us on Facebook, Instagram, LinkedIn, Twitter, and YouTube. About ATX Venture Partners ATX Venture Partners is an early-stage venture capital firm specializing in the South-Central US. The firm’s seed and Series A investments focus on software-as-a-service, IoT, e-commerce, AI, frontier commercial technologies and mobile applications. ATX Venture Partners brings institutional-grade funding, process and rigor to early-stage venture capital investments, and is the partner to propel portfolio companies forward to larger growth capital. The firm was founded in 2014 and is based in Austin, Texas. Visit www.atxventurepartners.com, and follow them on Twitter, Facebook, and LinkedIn. Contact Details Cyvatar KC Higgins +1 303-434-8163 kc@cyvatar.ai ATX Ventures Meg Brigman +15127666462 meg@atxventurepartners.com Company Website https://cyvatar.ai/

June 17, 2021 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

2021 SORCI REPORT REVEALS SOLUTIONS FOR U.S. RESIDENTIAL BUILDERS TO AVOID PREDICTED DOWNTURN IN 2022

Association of Professional Builders

While builders in the United States have seen record increases in revenue and net profit with homeowners seeking to improve their living environments because of the COVID-19 pandemic, 2022 predictions for the residential home building industry aren’t quite as positive. These findings were unveiled in the recent 2021 State of Residential Construction Industry (SORCI) report, which is sponsored by the Association of Professional Builders (APB), a leading business coaching service for custom home builders. “There has been a boom in residential home construction and renovation largely due to the effects of the pandemic,” says Erik Cofield, an Executive Business Coach with APB based in Houston. “However, this unprecedented demand isn’t sustainable and savvy builders will need to think more like accountants. Our new research reveals that custom home builders could be heading for challenging times in 2022.” More than 1,000 builders globally participated in the survey to provide deeper insights into the residential construction industry. Data from the report revealed that 2020 was a bumper year with 46.5% of respondents globally signing more contracts than in 2019; and 50% more in the U.S. market report signing more contracts in 2020 than 2019. However, after signing a record number of fixed-price contracts, the report also found that many are not prepared for the ensuing squeeze on margins caused by the rise in material pricing and other factors. “We’re urging professional builders to plan for the long term so they’ll be able to weather the predicted downturn in 2022,” says Russ Stephens, APB co-founder and business strategy specialist. “This report truly highlights the current pain points for U.S. builders, and shows where they need to focus their efforts to at least meet industry benchmarks and compete to be the best in the industry.” This concern stems from the survey, which shows that more than 55% of the builders in the U.S. never calculate their work in progress accounting adjustment, indicating that they are at significant risk of growing too quickly because they don’t understand their true financial position. Thus, they are likely to pay higher taxes and experience severe cash flow challenges, particularly when sales begin to slow down. Nearly two-thirds of respondents had no formal sales process in place, and the vast majority (78.8%) had no succession plan to future-proof their business should the unthinkable happen. With these findings in mind, it’s no surprise builders have identified systemizing their business as one of the top priorities for 2021. Other findings include: 80% of the U.S.-based home builders don’t charge for quotes; vs. 56.4% in Australia, 79.1% in Canada, 57.5% in New Zealand and 90% in the United Kingdom; 80% of the U.S.-based home builders do not have a business plan covering the next three years, vs. 69% in Australia, 75% in Canada and 57% in New Zealand; 37% of the U.S.-based home builders want to systemize their businesses; vs 36.1% in Australia, 41% in Canada, 45% in New Zealand and 60% in the United Kingdom. The comprehensive report also dives into trends in sales, contracts, social media, marketing and advertising within the industry. Data from the report also covered insights from residential builders for lead generation, team building, project management, planning, owner’s remuneration, financials and self-development. To find out more about the state of the residential construction industry, a copy of the report can be purchased at https://info.apbbuilders.com/sorci. APB’S WORK IN THE INDUSTRY APB has worked with thousands of builders, coaching residential building companies to systemize their business, including Jason Burgess of Burgess Homes based in Central Massachusetts. “The biggest reason I was looking for APB is that I was doing a lot of smaller renovation jobs. I wanted to grow the business and focus on new construction homes, which is what I truly enjoy,” Burgess said. “Before I was with APB, my average project size was probably around $40,000 and since implementing the content from APB, I’m seeing jobs averaging around $400,000. So, it’s been a tenfold increase for me.” You can read more about Jason’s business growth success story as well as others here: https://associationofprofessionalbuilders.com/success-stories/. ABOUT ASSOCIATION OF PROFESSIONAL BUILDERS The Association of Professional Builders is a leading business coaching service for custom home builders in the United States of America, Australia, New Zealand, and Canada. It provides tested and proven systems for builders to scale and succeed, based on data, experience, and results. Contact Details Anne Shanahan +1 310-933-6834 ashanahan@hoytorg.com Company Website https://associationofprofessionalbuilders.com/

May 27, 2021 08:15 AM Eastern Daylight Time

1 ... 4041424344