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Red Roof® Launches Student Support Program, Offering Discounts to Help College Students Across the Nation Find Alternative Housing

COLUMBUS, Ohio,– Red Roof®, the leader in upscale economy lodging, understands the difficulty of this uncertain time, especially for university and continuing education students who were suddenly displaced as a result of campuses closing due to CDC protocols in response to COVID-19. Mandated closings of schools across the country have left many with nowhere to go, … Continue reading Red Roof® Launches Student Support Program, Offering Discounts to Help College Students Across the Nation Find Alternative Housing

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Lowe’s Prices $4 Billion Notes Offering

MOORESVILLE, N.C.,– Lowe’s Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $750 million of 4.000% Notes due 2025, $1.25 billion of 4.500% Notes due 2030, $750 million of 5.000% Notes due 2040 and $1.25 billion of 5.125% Notes due 2050 (collectively, the “Notes”). Estimated net proceeds from this offering will be approximately $3.955 billion, after deducting offering expenses and underwriters’ discounts. Lowe’s plans … Continue reading Lowe’s Prices $4 Billion Notes Offering

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ATA Truck Tonnage Index Rose 1.8% in February

ARLINGTON, Va.,– American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index rose 1.8% in February after falling 0.3% in January. In February, the index equaled 119.1 (2015=100) compared with 116.9 in January. “Before any impacts from COVID-19, truck tonnage had a solid month in February,” said ATA Chief Economist Bob Costello. “Last month, solid housing … Continue reading ATA Truck Tonnage Index Rose 1.8% in February

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Landry & Kling Facilitating Ship Charters for Coronavirus Relief

MIAMI,– During the unprecedented coronavirus pandemic, there is growing concern about the projected lack of hospital beds in hard-hit areas. Cruise ships can serve as temporary health care facilities or “floating hospitals” to treat non-COVID-19 patients’ dockside. This will increase bed capacities in land-based hospitals to accommodate the influx of new patients who require critical care. … Continue reading Landry & Kling Facilitating Ship Charters for Coronavirus Relief

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Boys & Girls Clubs In Minnesota Partner With Local School Districts to Provide Emergency Services Childcare During COVID-19 School Closure

ATLANTA,– Boys & Girls Clubs all across the country are responding to the needs of young people and their families during the COVID-19 pandemic. As a part of that response, Clubs are partnering with local school districts and government agencies to identify what those needs are. For example, Boys & Girls Clubs of Central Minnesota has teamed … Continue reading Boys & Girls Clubs In Minnesota Partner With Local School Districts to Provide Emergency Services Childcare During COVID-19 School Closure

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C.A.R. statement on FHFA’s move for GSEs to grant flexibilities for appraisal and employment verifications

LOS ANGELES,– In an effort to provide market liquidity during the coronavirus emergency, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to provide alternative flexibilities to satisfy appraisal requirements and employment verification requirements through May 17, 2020. The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the FHFA’s announcement: “C.A.R. thanks … Continue reading C.A.R. statement on FHFA’s move for GSEs to grant flexibilities for appraisal and employment verifications

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Big Y Announces Support for Food Banks

SPRINGFIELD, Mass.,– On March 16, 2020, Big Y World Class Markets (Big Y) donated $125,000 to five area food banks in order to help them respond to the challenges they face in helping to feed others during these challenging times. The Greater Boston Food Bank, The Food Bank of Western Massachusetts, the Worcester County Food Bank in Massachusetts, and Foodshare and … Continue reading Big Y Announces Support for Food Banks

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ROOM8 and Google Street View Trusted Agency LCP360 Announce Partnership

SAN FRANCISCO,– ROOM8, a technology company optimizing co-living through roommate matching and apartment search services, announced that it has partnered with Google Street View Trusted Agency LCP360 (Lights, Camera, Pixels) to streamline its in-app experience with virtual apartment tours. Through this partnership, ROOM8 and LCP360 will provide a new level of sophistication to the rental home search experience, … Continue reading ROOM8 and Google Street View Trusted Agency LCP360 Announce Partnership

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Video Home Tour Requests Soar Nearly 500% in One Week

SEATTLE,– (NASDAQ: RDFN) — Redfin (www.redfin.com), the technology-powered real estate brokerage, saw a 494% increase in requests for agent-led video home tours last week. As of yesterday, 18.9% of tour requests from Redfin.com were video-chat tour requests, up from 0.2% at the beginning of March, a 94-fold increase. Other measures Redfin has taken to prepare for the coronavirus … Continue reading Video Home Tour Requests Soar Nearly 500% in One Week

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JLL arranges $991.77M financing for 17-property national portfolio

SAN FRANCISCO,– JLL Capital Markets announced today that it has arranged $991.77 million in financing for a geographically diverse, 17-property portfolio totaling more than seven million square feet across major U.S. markets. JLL worked on behalf of CalSTRS and their advisor, PCCP, to arrange the 10-year, fixed-rate loan with New York Life Insurance Company.    The portfolio’s five office … Continue reading JLL arranges $991.77M financing for 17-property national portfolio

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