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September LightBox CRE Activity Index Reflects Strong Early Response to First Interest Rate Cut

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IRVINE, Calif., Oct. 7, 2024 /PRNewswire/ — LightBox, a leading provider of commercial real estate (CRE) information and technology, released its Monthly CRE Activity Index for September, showing a modest increase in transaction velocity.

This aggregate measure of activity in commercial property listings, environmental due diligence, and appraisals collectively tracks shifts in the velocity of key functions that support CRE transactions. After August’s Index of 89.9 ended a five-month streak of increases that took root in March, the September CRE Activity Index rebounded sharply, rising to 98.2. This is 8.3 points higher than August, and a notable 10.3 points above the 87.9 recorded one year ago, when the dearth of properties listed for sale and the bid-ask gap between buyers and sellers hindered transaction volume.

The increase was fueled by an uptick in commercial property listings, which typically happens after Labor Day as the market settles into the final months of the year. September’s biggest development was the Federal Reserve’s first interest rate cut since 2020, which spurred a positive reaction from the CRE lending and investment markets. “The 50-bps cut was an unexpected but welcome surprise for CRE, providing a psychological boost,” said Manus Clancy, LightBox head of Data Strategy. “Even a 25-bps cut would have signaled to the market that a new era of capital deployment has finally begun,” Clancy said.

Declining rates will lower costs for borrowers with maturing loans, many of which were extended in hopes of refinancing under better conditions. As debt costs fall and buyer interest grows, CRE activity is expected to gain momentum, leading to more property sales—both traditional and forced.

However, the young recovery could be impacted by recent macro events like the devastation from Hurricane Helene, the escalating conflict in the Middle East, and the upcoming November election. “All of these pose the risk of dampening positive momentum for CRE activity in October and the rest of the 4th quarter,” Clancy noted.

Despite the market’s challenges and risks, the rate cut triggers the start of a new growth cycle for CRE. According to the report commentary, as clarity on future interest rates improves, the market should expect stronger transaction and lending velocity, lower cap rates, and rising property valuations—bringing a resurgence of market enthusiasm that has been largely absent for several years.

Read the full report

About LightBox

At LightBox, we are at the forefront of delivering advanced and precise solutions for commercial real estate intelligence. Our dedication to innovation propels real estate professionals forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and other businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate solutions, visit us at: www.LightBoxRE.com

Media inquiries: media@lightboxRE.com

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SOURCE LightBoxRE

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Cineverse’s Bloody Disgusting Scares up New Revenue Opportunities with Growing Merchandise Business – From Collectible TERRIFIER 2 VHS Box Set to New BEETLEJUICE T-Shirts

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Coming off Successful Product Run, Bloody Disgusting Continues to Prove its Value as Top Horror Brand by Tapping into Fan Nostalgia and Retail Partnerships

LOS ANGELES, Oct. 7, 2024 /PRNewswire/ — Cineverse (NASDAQ: CNVS), an innovative streaming entertainment and technology company, is riding the momentum of its growing consumer products business into Halloween. Specifically, its fan-first horror brand Bloody Disgusting continues to tap into nostalgia and the love for iconic films, from Beetlejuice to the Terrifier franchise, with a variety of merchandise available at retailers and online. 

Earlier this year, a new Horror Fan Shop featuring exclusive, limited quantity Bloody Disgusting merch came to 1,700-plus Walmart stores across the country. This collection, curated by Bloody Disgusting specifically for fans, included Fright Rags with Art The Clown and Michael Myers mini masks, along with classic horror t-shirts, figurines and plushes, backpack charms, metal posters and more. 

It also included a double VHS collector’s edition of Terrifier 2, featuring a surprise Scratch ‘n Sniff sticker, which quickly sold out, going viral as fans searched store-to-store (and eBay) to acquire their copy. 

“No one knows the power of nostalgia better than horror fans, and it was only a matter of time that Bloody Disgusting brought the VHS tape back to mainstream retail – the first to do so in a very long time – and we are only getting started,” said Cineverse VP, Networks Strategy, Tom Owen. “In a short period, we have expanded our growing consumer products business to one that is generating revenue via nostalgia, and following the success of merch at retailers like Spencer’s and Walmart – and increased interest from the biggest names in horror to team up with us for future product lines – the Bloody Disgusting brand has never been stronger.”

Additionally, last year, in partnership with apparel licensee Ripple Junction, an exclusive Bloody Disgusting merchandise line was launched with Spencer’s, celebrating several of the most revered faces in horror. Collaborations included Terrifier’s Art The Clown, Child’s Play’s Chucky, Halloween’s Michael Myers, The Texas Chain Saw Massacre’s Leatherface, Friday the 13th’s Jason Voorhees, The Exorcist’s Regan and the Killer Klowns From Outer Space all printed on premium pigment-dyed heavyweight T-shirts branded with a dripping Bloody Disgusting logo. 

The deal has expanded to the 2024 Halloween season in both Spencer’s and Spirit Halloween, with new additions to the line including Beetlejuice and more. 

All of this comes in advance of the highly-anticipated theatrical release of Terrifier 3, which opens October 11 in theaters across North America, all but guaranteeing that Art the Clown will be a popular Halloween costume this year, but also opening the door to additional product opportunities (such as the collectible popcorn buckets now on sale!). 

Written and directed by Damien Leone and produced by Phil Falcone, Terrifier 3 comes courtesy of Dark Age Cinema Productions and The Coven.

ABOUT CINEVERSE

Cineverse’s advanced, proprietary technology drives the distribution of over 70,000 premium films, series, and podcasts to more than 150 million unique viewers monthly. From providing a complete streaming solution to some of the world’s most recognizable brands, to super-serving their own network of fan channels, Cineverse (NASDAQ: CNVS) is powering the future of entertainment. For more information, please visit cineverse.com.

Press Contacts:

For Media
The Lippin Group for Cineverse, cineverse@lippingroup.com

For Investors
Julie Milstead, investorrelations@cineverse.com

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SOURCE Cineverse Corp.

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HSA Store® celebrates HSA Day with launch of new Learning Center resources for open enrollment, and special savings to encourage health savings account (HSA) utilization

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October 15 marks national observance to increase HSA education and awareness for nearly 38 million people covered by these tax-free accounts

DALLAS, Oct. 7, 2024 /PRNewswire-PRWeb/ — HSA Store, the first and leading online store to exclusively sell products that are eligible with health savings account (HSA) funds, announced today that it will celebrate HSA Day on October 15 with the launch of new HSA Learning Center resources and special savings for consumers. The Learning Center launch supports open enrollment education, and is the first of many new learning tracks coming soon. Account holders who shop at HSAStore.com on October 15 will receive a special discount, while consumers can also enter to win a Mystery Bundle Giveaway via Instagram between October 7 – 15.

We take pride in delivering a guess-free shopping experience and industry-leading educational resources that allow account holders to make the most of their tax-free funds and to flex their HSA to meet their personal lifestyle needs.

According to a recent report, Americans have $137 billion saved in nearly 38 million HSAs as of the middle of 2024, demonstrating consumer interest in and the financial power of these accounts. However, the experts at HSA Store believe lack of understanding about how HSA funding works can prevent individuals and families from enrolling in and making the most of these accounts. That’s why the e-commerce leader has launched new, interactive HSA Learning Center content, just in time for HSA Day.

“HSAs provide financial security and the flexibility to pay for a wide variety of specialty and everyday healthcare needs,” said Itamar Romanini, vice president and general manager of HSA Store, a Health-E Commerce online brand. “We take pride in delivering a guess-free shopping experience and industry-leading educational resources that allow account holders to make the most of their tax-free funds and to flex their HSA to meet their personal lifestyle needs.”

New HSA Store Learning Center resources for open enrollment include a self-guided, interactive module that teaches individuals and families the basics of HSAs and helps them identify how they can personally benefit from enrolling in and using an HSA. A second module walks individuals through a comparison of flexible spending accounts FSAs vs. HSAs to help them make informed decisions about which account to enroll in during the annual open enrollment election period. Additional resources available at HSA Store include:

Comprehensive, searchable HSA eligibility list;HSA Tax Savings Calculator and Projected Future Value Calculator;My HSA Expense Dashboard to simplify recording HSA expenses for tax purposes;Educational articles and Ask the Experts tips;HSA Your Way Style Guide; andHSA Perks Dashboard to track savings earned from HSA Store purchases.

“Our mission at HSA Store is singular and constant: To simplify tax-free healthcare accounts. We achieve this through educational content that is informed by our proprietary consumer insights, and by offering HSA-eligible products and telehealth services that reflect the needs and interests of account holders,” said Romanini. “For our team and for consumers who shop with us, every day is HSA Day.”

What is an HSA?
An HSA is a tax advantaged account that allows users to set aside pre-tax income to cover qualified medical expenses. HSAs can be used to pay for a wide variety of eligible expenses, including everyday healthcare products, copayments, prescription and OTC medications, telehealth services, and more. HSAs reduce an account holder’s taxable income. HSA funds always belong to the account holder, and unused funds roll over from year to year and can be used in retirement. An individual or family can enroll in an HSA through an employer-sponsored benefit or individually, as long as they are enrolled in a qualified high-deductible health plan.

Visit HSAstore.com to learn more about HSAs and to spend HSA funds.

About Health-E Commerce
Health-E Commerce is the parent brand to FSA Store and HSA Store, online stores that serve the 70+ million consumers enrolled in pre-tax healthcare accounts. The company also created Caring Mill, a popular private-label line of health products through which a portion of every purchase is donated to the Children’s Health Fund. Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits. Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.

Media Contact

Barbara Tabor, HSA Store, 651-230-9192, barbara@taborpr.com, www.HSAstore.com

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SOURCE HSA Store

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Bulletproof Expands Coverage to Include Microsoft and Amazon Web Services Customers

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FREDERICTON, NB, Oct. 7, 2024 /CNW/ – Bulletproof, a global IT security and compliance solutions company, announced today its membership in the Amazon Web Services (AWS) Partner Program, enhancing its capabilities to service customers operating in cloud environments. The collaboration aims to address the increasing challenges clients encounter with cloud adoption and management.

As a trusted partner to leading technology brands, including Microsoft and AWS, Bulletproof offers unbiased expert analysis, best practices, and solutions designed to help businesses achieve growth in today’s competitive landscape. Their experts collaborate closely with clients to identify their unique business requirements and develop tailored strategies that drive competitiveness, agility, responsiveness, and security.

“By joining the AWS Select Tier Partner Program, our consulting services team is excited to expand our capabilities to Microsoft and AWS customers  in achieving their business goals.  With expertise in the Microsoft platform, Bulletproof is extending services to support customers with AWS hybrid cloud environments. With ongoing focus on security and compliance, we deliver strong solutions wherever our clients choose to deploy their data. This partnership reinforces our commitment to providing comprehensive, consulting services, empowering organizations to innovate and grow with confidence,” said Christopher Simm, Senior Vice President, Professional Services

About Bulletproof 

With locations across North America and around the globe, Bulletproof brings decades of expertise in IT, security, and compliance. Serving industries of all sizes, Bulletproof leverages its extensive experience to mitigate risk and enhance client processes, systems, and business infrastructure.

Connect with us on social: LinkedInTwitter, and Facebook. 

SOURCE Bulletproof, A GLI Company

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