San Francisco Bay Area

EverCharge and the San Francisco Giants Announce Strategic Partnership

Retrieved on: 
Tuesday, March 12, 2024

SAN FRANCISCO, CA, March 12, 2024 (GLOBE NEWSWIRE) -- EverCharge , a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic partnership with the San Francisco Giants to install charging infrastructure and provide the public, including Giants fans and Oracle Park event go-ers, with safer and more eco-friendly transportation options.

Key Points: 
  • SAN FRANCISCO, CA, March 12, 2024 (GLOBE NEWSWIRE) -- EverCharge , a leading provider of large-scale electric vehicle (EV) charging solutions, and part of SK Group, today announced a strategic partnership with the San Francisco Giants to install charging infrastructure and provide the public, including Giants fans and Oracle Park event go-ers, with safer and more eco-friendly transportation options.
  • In August 2023, the San Francisco Giants and all-electric, driverless car company Cruise committed to developing hundreds of EV chargers to support ballpark facilities.
  • With this new strategic partnership, EverCharge is joining this commitment and helping to further establish Oracle Park as a leader in San Francisco’s EV charging infrastructure.
  • To meet the increasing local demand for more sustainable travel options, the Giants are partnering with EverCharge to bring hundreds of electric vehicle chargers to Oracle Park parking facilities.

MarinHealth Medical Center Becomes First Hospital in Northern California to Successfully Implant AVEIR™ DR, the World’s First Dual Chamber Leadless Pacemaker System

Retrieved on: 
Friday, April 5, 2024

MarinHealth Medical Center today announced the successful implantation of an AVEIR™ DR pacemaker system, becoming the first hospital in Northern California to insert the world’s first dual chamber leadless pacemaker system.

Key Points: 
  • MarinHealth Medical Center today announced the successful implantation of an AVEIR™ DR pacemaker system, becoming the first hospital in Northern California to insert the world’s first dual chamber leadless pacemaker system.
  • “MarinHealth is proud to be at the forefront in the clinical care of heart rhythm disorders.
  • Now, we are excited to become the first center in Northern California to offer dual chamber leadless pacemaker technology, which provides yet another state-of-the-art solution for heart rhythm patients in our community,” said Anita Chandrasena, MD , Chief Medical Officer of MarinHealth.
  • Roughly one-tenth the size of a traditional pacemaker, the dual chamber AVEIR leadless pacing system is made up of two devices: a ventricular (VR) and an atrial (AR) leadless pacemaker.

Intero Honors Top Producers of 2023 at Annual Corporate Awards Event

Retrieved on: 
Thursday, April 4, 2024

The prestigious Bob Kaufman Value Award is given to the agent who best exemplifies the Intero values.

Key Points: 
  • The prestigious Bob Kaufman Value Award is given to the agent who best exemplifies the Intero values.
  • “This year we proudly present the Intero Value Award to an incredible team of two: Intero Hall of Famer Carlos Padilla, and Denise Padilla,” said Scott Chase, President of Intero.
  • “Since joining Intero as Corporate Counsel in June 2022, Alex has worked diligently with our leadership team, analyzing key legal issues and representing the company,” said Meyer.
  • The Intero Franchise network comprises 29 affiliates located in California, Nevada, Tennessee, and Texas.

Saratoga Rotary Club Hosts Annual Art Show May 4-5, 2024

Retrieved on: 
Thursday, April 4, 2024

The Rotary Club of Saratoga is hosting its annual Art Show on May 4-5, 2024 at West Valley College and, for the first time, a 5K Run/Walk For a Cause race to benefit local charities.

Key Points: 
  • The Rotary Club of Saratoga is hosting its annual Art Show on May 4-5, 2024 at West Valley College and, for the first time, a 5K Run/Walk For a Cause race to benefit local charities.
  • The Art Show will be open 10 a.m. to 5 p.m. on both Saturday and Sunday.
  • Every year, the Art Show draws art lovers and collectors from all over the Bay Area to visit and purchase one-of-a-kind creations directly from artists .
  • A portion of the art sales proceeds benefit the Saratoga Rotary Charitable Foundation.

Morgan Stanley Capital Partners Acquires Resource Innovations

Retrieved on: 
Tuesday, April 2, 2024

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability.

Key Points: 
  • Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability.
  • Under the terms of the agreement, MSCP acquired a controlling interest in the Company from BV Investment Partners and certain other shareholders.
  • I look forward to working together with Morgan Stanley Capital Partners to continue to grow our Company.”
    MSCP’s acquisition of Resource Innovations represents its third investment in industrials and outsourced services, following the acquisition of Apex in 2023 and Alliance Technical Group in 2021.
  • Latham & Watkins served as legal counsel to Resource Innovations and BV Investment Partners, and Jefferies LLC served as financial advisor.

Diana Wong Joins Pacific Advisors as Managing Director in the Bay Area

Retrieved on: 
Friday, March 29, 2024

Pacific Advisors proudly announces the appointment of Diana Wong as Managing Director in the Bay Area.

Key Points: 
  • Pacific Advisors proudly announces the appointment of Diana Wong as Managing Director in the Bay Area.
  • As Managing Director at Pacific Advisors, Diana is poised to lead her team to new heights, leveraging her experience and passion for helping others achieve financial security and confidence.
  • Pacific Advisors is thrilled to welcome Diana Wong to our team.
  • Insurance products offered through One Pacific Financial & Insurance Solutions LLC, DBA of Pacific Advisors LLC.

The Typical Homebuyer’s Down Payment Is $56,000, Up 24% From a Year Ago

Retrieved on: 
Friday, March 29, 2024

The typical homebuyer’s down payment last month was equal to 15% of the purchase price, up from 10% a year earlier.

Key Points: 
  • The typical homebuyer’s down payment last month was equal to 15% of the purchase price, up from 10% a year earlier.
  • But elevated housing costs (from both high prices and high mortgage rates) are also incentivizing buyers to take out larger down payments.
  • A bigger down payment means a smaller total loan amount, and a smaller loan amount means smaller monthly interest payments.
  • A buyer who puts 10% down on that same home with that same rate would have a monthly payment of $2,968.

Bay FC Announces Visa as Founding Partner

Retrieved on: 
Friday, March 29, 2024

Bay FC , the new women’s professional soccer franchise representing the Bay Area in the National Women’s Soccer League (NWSL), today announced Visa, a world leader in digital payments, as a Founding Partner.

Key Points: 
  • Bay FC , the new women’s professional soccer franchise representing the Bay Area in the National Women’s Soccer League (NWSL), today announced Visa, a world leader in digital payments, as a Founding Partner.
  • Visa is the team’s Official Payment Services Partner, and the Visa logo will be featured on the right sleeve of Bay FC players’ jerseys.
  • Core to the partnership will be direct financial investment in local youth and Bay FC current players, putting an emphasis on financial equity, leadership and education, and improving communities throughout the Bay Area.
  • “Visa continues to be a champion for gender equity, and their approach and investment in Bay FC in this game changing partnership will help our current and future players succeed on and off the pitch for the years ahead,” said Bay FC Chief Executive Officer Brady Stewart.

Vertically Integrated Home Services Provider PipeDreams Announces $25.5M Series A Led by Canvas Ventures and Plural

Retrieved on: 
Tuesday, March 26, 2024

PipeDreams , a tech-enabled home services provider, today announced $25.5M in Series A funding led by Canvas Ventures and Plural, bringing its total equity funding to $39M.

Key Points: 
  • PipeDreams , a tech-enabled home services provider, today announced $25.5M in Series A funding led by Canvas Ventures and Plural, bringing its total equity funding to $39M.
  • PipeDreams’s mission is to become the most reputable home service provider in every market nationwide.
  • Yet with aging housing stock, demand for plumbing and HVAC services continues to grow at a 5.8% compound annual growth rate.
  • PipeDreams companies operate in the San Francisco Bay Area; the California Central Coast; Southern California; Tucson, Arizona; Denver, Colorado; and McAllen, Texas.

Marcus & Millichap Publishes Institutional Multifamily Market Intelligence Report

Retrieved on: 
Thursday, March 21, 2024

Marcus & Millichap (NYSE:MMI) , a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today it has released its Markets with Momentum report.

Key Points: 
  • Marcus & Millichap (NYSE:MMI) , a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today it has released its Markets with Momentum report.
  • The report cites key national multifamily performance statistics from February on rent growth, lease renewals, and vacancy.
  • Highlights of the report include:
    Nationally, average monthly apartment rents have climbed $6 so far in 2024.
  • This small improvement reverses the trend of mild rent cuts seen during the last half of 2023.