Connect with us

Technology

October LightBox CRE Activity Index Retracts Slightly After Strong September

Published

on

IRVINE, Calif., Nov. 6, 2024 /PRNewswire/ — LightBox, a leading provider of commercial real estate (CRE) information and technology, released its Monthly CRE Activity Index for October, revealing a slight decrease in market activity after a strong September.

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, and therefore provides a useful leading indicator of deal activity. After a bullish 8.3-point rise in September, the Index ticked down 2.3 points in October to 95.9 but landed well above 79.7 one year ago.

The average daily volume of environmental due diligence activity behind the Index rose by 5% in what could signal the first round of underwriting on deals expected to close by the end of the year. Lenders’ appraisal activity month over month was stable, and property listings declined 5% after the strong 18% uptick over August, a sign of an expanding universe of available properties.

October’s slight dip aligns with historical trends, where the Index often softens after a strong August-to-September rebound. The uncertainty leading up to the November election and the higher 10-year Treasury rate both contributed to a cautious, “wait-and-see” sentiment on the part of investors.

“Our Index performance this month reflects both typical seasonal adjustments and broader market dynamics as stakeholders balance opportunities with election-related uncertainties,” said Manus Clancy, LightBox head of Data Strategy. “Investor confidence remains strong, but caution is prevailing as they anticipate both economic and political shifts in Q4.”

Despite the slight October dip, the CRE Activity Index heads into the final months of the year at a still-high 95.9 reading. Last year, November and December activity was lackluster as the market remained frozen at elevated interest rates with little relief in sight, ending 2023 at the Index’s four-year low of 48.2. With the November election in the rearview mirror, there can now be clarity emerging on several policy issues affecting CRE finance, including taxes, housing, climate change, and bank regulations, at a critical point in the market’s recovery.

After a slow start to 2024, some investors are actively shopping for opportunities while others are waiting until later in the rate cutting cycle. September laid the foundation for October’s strong deal volume, which will contribute to a continued stabilization in property pricing that will add momentum to Q4 activity.

“These signs of traction starting to build could contribute to a strong finish to 2024 as the market establishes a new normal that will eventually stabilize at levels closer to 2019 levels. Overall, the market is showing a growing intention to transact, and CRE professionals, are exhibiting more optimism than they’ve shown in several years, ” Clancy said.

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

View original content to download multimedia:https://www.prnewswire.com/news-releases/october-lightbox-cre-activity-index-retracts-slightly-after-strong-september-302297650.html

SOURCE LightBoxRE

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Edsol Communications Celebrates 14 Years of Service Excellence

Published

on

By

Company has thrived by placing “People First, Then Technology” at the heart of its operations

FREDERICK, Md., Nov. 6, 2024 /PRNewswire-PRWeb/ — Edsol Communications, a premier IT solutions provider, is proud to mark 14 years of delivering top-tier technical support and services to small businesses, non-profits, educational institutions and government agencies. The company has thrived by placing “People First, Then Technology” at the heart of its operations. Since its conception, Edsol Communications’ impeccable work ethics and customer-focused culture have earned them a loyal client base. Their clients know they can rely on Edsol to provide dependable support whenever needed. The company’s dedication to customer service is evident in its availability and quick response to client needs, and its flexibility and commitment go above and beyond industry norms, making it a trusted partner to their clients.

“We’re very thankful for our clients, partners, and team members for their support and trust”, said Oscar Herrera, President & CEO of Edsol. “We know how important technology is for small businesses and organizations, and how our clients trust us and rely on us for running their organizations…”

Founded in 2010 by Oscar Herrera, Edsol has grown to serve its clients in the DMV area each year, including embassies, non-profits, educational institutions, government agencies, and commercial clients from a wide range of industries. Operating from its office in downtown Frederick, Edsol specializes in IT Managed Services, Help Desk Support, Network Administration, Cabling Infrastructure, Network Assessments, VoIP and Cloud Solutions, and Cybersecurity, offering services to ensure optimal performance for their clients’ systems. Unlike companies that branch out into unrelated fields, Edsol stays true to its core mission—delivering the best in IT support. By specializing exclusively in IT services, they remain at the forefront of industry trends, ensuring their clients receive top-quality support. As a small business, Edsol avoids the overhead costs that burden larger IT companies, passing those savings onto their clients while still delivering superior service.

“We are very thankful for our clients, partners, and team members for all their support and trust”, said Oscar Herrera, President and CEO of Edsol. “We know how important technology is for small businesses and organizations, and how our clients trust us and rely on us for running their organizations. We don’t take that lightly”.

As an SBA-certified 8(a), HUBZone small business and Minority Business Enterprise (MBE), Edsol Communications is dedicated to excellence and inclusion, contributing to economic growth in underutilized business zones. Their GSA 8(a) STARS III and Multiple Award Schedule (MAS) contract vehicles demonstrate their capability to deliver IT solutions that meet the rigorous demands of government and commercial clients alike.

For more information on Edsol Communications’ services, visit edsolcom.com or contact them directly at 301-802-9295.

Media Contact

Patricia Mir, Edsol Communications, LLC, 240-560-5990, patricia.mir@edsolcom.com, edsolcom.com

View original content to download multimedia:https://www.prweb.com/releases/edsol-communications-celebrates-14-years-of-service-excellence-302297718.html

SOURCE Edsol Communications, LLC

Continue Reading

Technology

OHRC and LCO release new tool to help organizations assess AI technologies to ensure they uphold human rights

Published

on

By

TORONTO, Nov. 6, 2024 /CNW/ – Today, the Ontario Human Rights Commission (OHRC) and the Law Commission of Ontario (LCO) launched the Human Rights Impact Assessment for AI Technologies (“HRIA” or “the tool”), a tool to help assess and mitigate human rights impacts of AI systems in a broad range of applications.

“AI offers many benefits, but also has well-documented risks. The AI impact assessment released today is a practical, step-by-step tool that will help organizations identify and manage AI risks to human rights.  The LCO and OHRC have worked together to develop the first human rights impact assessment based on Canadian human rights law,” said Raj Anand, Chair of the Law Commission of Ontario Board of Governors.      

“While we are eager to harness the opportunities and benefits presented by the potential of AI, its use by public sector entities around the world has resulted in serious harms to individuals and communities. Thus, it is imperative that human rights protections be built into the foundation of any governing framework or regulation,” said Patricia DeGuire, Chief Commissioner, Ontario Human Rights Commission. “We are proud to have worked with the Law Commission of Ontario to create this tool that will help guide organizations in ensuring that their use of AI aligns with their human rights obligations.”

The HRIA is a step-by-step guide with examples and explanations, created for AI designers, developers, operators, and owners to identify, assess, minimize, or prevent discrimination and uphold human rights obligations throughout the lifecycle of an AI system.

The HRIA aims to:

Strengthen knowledge and understanding of human rights impacts;Provide practical guidance on human rights impacts, particularly in relation to non-discrimination and equality of treatment; andIdentify practical mitigation strategies and remedies to address bias and discrimination from AI systems.

The OHRC and the LCO call on the Ontario government, employers, and all other duty-holders to use the HRIA to ensure that the opportunities, benefits, and protections associated with the use of AI are available to all Ontarians without discrimination.

Quick Facts

The HRIA is based on internationally established guardrails on AI, which recognize the importance of human rights due diligence in use of these technologies.The Canadian Human Rights Commission (CHRC) also contributed to the development of the HRIA.The HRIA has two parts: Part A is an assessment of the AI system for human rights implications. In this section, organizations are asked questions about the purpose of the AI, the significance of the AI system, and the treatment of individual Canadians and communities. Part B is about mitigation. Once the AI system has been categorized, Part B provides a series of questions to assist organizations to minimize identified human rights issues in the given AI system. The HRIA does not constitute legal advice and does not provide a definitive legal answer regarding any adverse human rights impacts, including violations of federal or provincial human rights law or other relevant legislation.

SOURCE Ontario Human Rights Commission

Continue Reading

Technology

[Dynamax Pokémon] Best Pokémon GO Spoofer 2024 for iOS without Computer

Published

on

By

NEW YORK, Nov. 6, 2024 /PRNewswire/ — Tenorshare has released version 2.10.2 of its iAnyGo iOS App, offering one-click access to Dynamax and Gigantamax Pokémon, enhancing the Pokémon GO experience. Optimized for iOS 18, the update enables users to quickly find shiny Gigantamax Pokémon, and join Max Battles. With Pokémon GO Spoofer iAnyGo, users can easily navigate the game world, copy GPS coordinates, and team up with friends to challenge Dynamax Pokémon, offering an enriched experience for all trainers.

“With iAnyGo iOS App version 2.10.2, users can now easily locate Dynamax and Gigantamax Pokémon with a single click and quickly share their locations using longitude and latitude coordinates. Trainers can quickly join forces for Max Battles, making it easier to catch gargantuan Pokémon and earn Max Particles to boost their skills for future challenges. These updates enhance gameplay, helping users find shiny Gigantamax Pokémon they might not see locally,” said Tenorshare’s CEO when discussing the new features.

How to Install the iAnyGo iOS App

For new users, the iAnyGo installation process is simple. Here’s a quick overview of the steps:

Go to the official website to download and install the iAnyGo iOS Assistant on your computer.Sign in using Apple ID and click “Install iAnyGo iOS App” button. You can extend its validity every seven days by signing in with your Apple ID on iAnyGo App—no computer is needed after the initial setup.

How to Get Dynamax and Gigantamax Pokémon on new Max Battles

The iAnyGo iOS App enhances your Pokémon experience by allowing you to explore any location virtually. Follow these steps to find and battle Dynamax and Gigantamax Pokémon in the new Max Battles in Pokémon GO.

Open the iAnyGo iOS App and tap the fifth button “D-Max” on the right to view Dynamax and Gigantamax Pokémon. You can view these gargantuan Pokémon by zooming in or out on the screen.Tap the “Go” button, and you can go over to catch Dynamax and Gigantamax Pokémon. You can also click the “copy” button to copy longitude and latitude coordinates and share them with your friends.

Additionally, with its features like Change Location, PokeStop Mode, and Single-Spot Movement, users can spoof Pokémon GO on iPhone without physically moving. iAnyGo iOS App is a reliable Pokémon GO Spoofer for iOS 18.

Pricing for iAnyGo iOS App

The iAnyGo iOS App is available in multiple packages designed to fit users’ needs:
1 Month/1 Device: $14.99
1 Quarter/1 Device: $39.99
1 Year/1 Device: $79.99
Lifetime/1 Device: $99.99

For more details on purchasing, please visit iAnyGo iOS App Pricing.

About Tenorshare

Tenorshare specializes in iOS, Android, Windows, and Mac platforms, focusing on core technology research. It is a leading software provider with millions of users that use its tools related to data transfer, data recovery, system repair, unlocking phones, and many more.

More information: https://www.tenorshare.com/

Facebook: https://www.facebook.com/TenorshareOfficial/

Twitter: https://twitter.com/Tenorshare_Inc

YouTube: https://www.youtube.com/user/TenorshareOfficial/videos

TikTok: https://www.tiktok.com/@tenorshare_tech_tips

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dynamax-pokemon-best-pokemon-go-spoofer-2024-for-ios-without-computer-302297721.html

SOURCE Tenorshare Co. Ltd.

Continue Reading

Trending