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HOME-SELLING PROFITS DROP IN 2023 FOR FIRST TIME IN OVER A DECADE AMID MODEST PRICE GAINS

Retrieved on: 
Thursday, January 25, 2024

IRVINE, Calif., Jan. 25, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property and real estate data, today released its Year-End 2023 U.S. Home Sales Report, which shows that home sellers made a $121,000 profit on the typical sale in 2023, generating a 56.5 percent return on investment.

Key Points: 
  • That happened as the median nationwide home price rose at the smallest annual pace in more than a decade.
  • "But the market definitely softened amid modest price gains that weren't enough to push profits up higher after a long run of improvements.
  • The U.S. median home price increased 2.1 percent from 2022 to 2023, reaching another all-time annual high of $335,000.
  • The full-year median home-price appreciation slowed down as interest rates rose in 2023 close to 8 percent for a 30-year mortgage.

Axiom Marks First Full Year of Innovative Law Firm Practice, Now Offers Industry's Broadest Array of Law Firm Services and Solutions

Retrieved on: 
Tuesday, January 23, 2024

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- One year ago today, Axiom launched Axiom Advice & Counsel (AA&C), a modern law firm that leverages Axiom's highly qualified, on-demand attorneys across 12 practice areas—all at a fraction of the rates charged by national law firms. The creation of AA&C, an Arizona law firm, extends Axiom's 23-year history of legal services innovation, creating a new type of firm that can work with Axiom's thousands of lawyers—many of whom are Am Law 100 alumni—and all who are unencumbered by billable hours requirements and the traditional partner pyramid.

Key Points: 
  • "Axiom offers exactly the new paradigm the industry needs," James Turoff, Senior VP and GC of The Hershey Company.
  • "Axiom offers exactly the new paradigm the industry needs," said James Turoff, Senior Vice President, General Counsel, and Secretary of The Hershey Company .
  • Today, with the largest and most comprehensive portfolio of solutions and services in the market, we're doing just that.
  • We're giving business and legal leaders a full array of in-house solutions and the industry's first and only on-demand law firm that puts their business and budget first.

Axiom Marks First Full Year of Innovative Law Firm Practice, Now Offers Industry's Broadest Array of Law Firm Services and Solutions

Retrieved on: 
Tuesday, January 23, 2024

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- One year ago today, Axiom launched Axiom Advice & Counsel (AA&C), a modern law firm that leverages Axiom's highly qualified, on-demand attorneys across 12 practice areas—all at a fraction of the rates charged by national law firms. The creation of AA&C, an Arizona law firm, extends Axiom's 23-year history of legal services innovation, creating a new type of firm that can work with Axiom's thousands of lawyers—many of whom are Am Law 100 alumni—and all who are unencumbered by billable hours requirements and the traditional partner pyramid.

Key Points: 
  • "Axiom offers exactly the new paradigm the industry needs," said James Turoff, Senior Vice President, General Counsel, and Secretary of The Hershey Company .
  • In fact, 90% of clients surveyed say Axiom lawyers are as good or better than their law firm lawyers.
  • Today, with the largest and most comprehensive portfolio of solutions and services in the market, we're doing just that.
  • We're giving business and legal leaders a full array of in-house solutions and the industry's first and only on-demand law firm that puts their business and budget first.

WEF24: Saudi Arabia Reiterates Call for Immediate Ceasefire in Gaza, De-Escalation in the Red Sea, to Ensure Regional Stability

Retrieved on: 
Wednesday, January 17, 2024

Saudi Arabia reinforced its call for an immediate ceasefire in Gaza, and an end to the spiraling volatility in the Red Sea, today at the World Economic Forum (WEF) Annual Meeting 2024.

Key Points: 
  • Saudi Arabia reinforced its call for an immediate ceasefire in Gaza, and an end to the spiraling volatility in the Red Sea, today at the World Economic Forum (WEF) Annual Meeting 2024.
  • This press release features multimedia.
  • “The international community has been moving more in the direction that we have called for since the beginning, which is a ceasefire and more humanitarian aid.
  • His Excellency Bandar I. Alkhorayef, Minister of Industry and Mineral Resources, highlighted Saudi Arabia’s “three dimensional” policy approach to building industrial capabilities and creating an investor-friendly environment to unlock the untapped potential of Saudi Arabia’s vast mineral assets.

YOSHIKI Auctions Beloved Crystal Piano to Support Victims of Japan Earthquake, Raising 40 Million Yen

Retrieved on: 
Tuesday, January 16, 2024

LOS ANGELES, Jan. 16, 2024 /PRNewswire/ -- International superstar YOSHIKI auctioned his beloved crystal piano this week, with the winning bid reaching 40 million yen (over $270,000 USD) when the 4-day auction ended on January 16.

Key Points: 
  • LOS ANGELES, Jan. 16, 2024 /PRNewswire/ -- International superstar YOSHIKI auctioned his beloved crystal piano this week, with the winning bid reaching 40 million yen (over $270,000 USD) when the 4-day auction ended on January 16.
  • YOSHIKI also donated 10 million yen earlier this month to the Japanese Red Cross to aid disaster relief through his 501(c)(3) non-profit organization Yoshiki Foundation America.
  • Immediately after the disaster, he donated a total of more than 13 million yen, including the proceeds from the auction of his crystal piano.
  • YOSHIKI is internationally recognized for his long-term philanthropic activities and has donated over 2 million dollars to charity through Yoshiki Foundation America.

Nation’s Largest Real Estate Recruitment Firm JWilliams Staffing Celebrates 20 Years of Launching Professional Careers

Retrieved on: 
Tuesday, January 16, 2024

JWilliams Staffing (JWS), the nation’s largest real estate recruitment agency, has announced the celebration of its 20th anniversary, a significant corporate milestone that encompasses the creation of more than 22,000 successful careers in real estate.

Key Points: 
  • JWilliams Staffing (JWS), the nation’s largest real estate recruitment agency, has announced the celebration of its 20th anniversary, a significant corporate milestone that encompasses the creation of more than 22,000 successful careers in real estate.
  • View the full release here: https://www.businesswire.com/news/home/20240116204181/en/
    The nation’s Largest Real Estate Recruitment Firm, JWilliams Staffing, is committed to creating long-term partnerships and fulfilling careers by connecting extraordinary, highly qualified industry professionals with mutually respected real estate employers.
  • Robust training resources and tools, prepared by JWilliams Staffing experts across the country, further exemplify the company’s commitment to helping people excel.
  • Founded in 2004, JWilliams Staffing began as a team of one and quickly grew to become the nation’s leading recruitment and staffing agency for the real estate industry.

AcreTrader Management Exceeds Target Returns in Arkansas Row Crop Farm Disposition

Retrieved on: 
Wednesday, January 10, 2024

Fayetteville, Ark., Jan. 10, 2024 (GLOBE NEWSWIRE) -- AcreTrader, the platform offering investors access to the farmland asset class, exited a Monroe County, Arkansas corn and soybean row crop farm to provide an internal rate of return (IRR) of 9.4% to investors upon exit.

Key Points: 
  • Fayetteville, Ark., Jan. 10, 2024 (GLOBE NEWSWIRE) -- AcreTrader, the platform offering investors access to the farmland asset class, exited a Monroe County, Arkansas corn and soybean row crop farm to provide an internal rate of return (IRR) of 9.4% to investors upon exit.
  • This offering was funded on the AcreTrader platform in 2019 and was sold in December 2023.
  • The existing tenant and farming partner on the property brought an unsolicited offer to purchase the farm to the AcreTrader team.
  • This exit yielded a return that surpassed the anticipated target for AcreTrader investors, attributable to a conservative initial underwrite, attractive entry price, and favorable market conditions for farmland investments.

H-E-B Holds Top Spot in dunnhumby's Annual Grocery Rankings, While Other Regional Supermarkets Gain Momentum

Retrieved on: 
Thursday, January 11, 2024

Grocery Retailer in the seventh annual dunnhumby Retailer Preference Index (RPI), a comprehensive, nationwide study that examines the approximately $1 trillion U.S. grocery market, released today.

Key Points: 
  • Grocery Retailer in the seventh annual dunnhumby Retailer Preference Index (RPI), a comprehensive, nationwide study that examines the approximately $1 trillion U.S. grocery market, released today.
  • Amazon (2) and Costco (3) round out the top three grocers in the U.S. for a second year in a row.
  • View the full release here: https://www.businesswire.com/news/home/20240111776732/en/
    The 1st Quartile, led by H-E-B, is made up of best-in-class supermarket chains and national, non-traditional formats.
  • “Knowing your customer and your competitive positioning regarding customer needs will be critical for retailers to scratch out any organic growth in 2024.

VIKING ANNOUNCES FIRST-OF-THEIR-KIND CHINA VOYAGES

Retrieved on: 
Friday, January 12, 2024

LOS ANGELES, Jan. 12, 2024 /PRNewswire/ -- Viking® (www.viking.com) today announced three new, first-of-their-kind itineraries that will provide guests with exclusive access to China in 2024. The new voyages range from 10 to 20 days and explore iconic cities, such as Beijing, Shanghai and Hong Kong. Each itinerary also includes a domestic sailing of China's coast that highlights rarely-seen destinations and ports to which only Viking has access—something that has never before been offered for international visitors. The new voyages will operate from September to November on the Viking Yi Dun—formerly the Viking Sun—a sister ship featuring the same award-winning design and service as all other ocean ships in Viking's fleet. The Chinese-flagged Viking Yi Dun will be the first ship dedicated specifically to the foreign market to operate domestic sailings in China. Each voyage will offer The Viking Way® of exploration, with immersive experiences to introduce guests to the people, history and culture of China, including insightful lectures, Chinese-inspired cuisine and destination experts. ­

Key Points: 
  • The new voyages will operate from September to November on the Viking Yi Dun —formerly the Viking Sun—a sister ship featuring the same award-winning design and service as all other ocean ships in Viking's fleet.
  • The Chinese-flagged Viking Yi Dun will be the first ship dedicated specifically to the foreign market to operate domestic sailings in China.
  • ­
    "We are proud that Viking will be the first to operate domestic sailings in China for international travelers.
  • To learn more about the itineraries and why China is such a captivating destination, Viking has also published two new videos: Executive Vice President Karine Hagen invites travelers to learn more about these exclusive-to-Viking China voyages here , and Viking Vice President of Product Development Joost Ouendag provides an in-depth overview of the new voyages and the unique opportunity to be immersed in the history, culture and natural wonders of the Middle Kingdom here .

YOSHIKI donates 10 million yen to the Japanese Red Cross Society to support areas affected by the Noto Peninsula Earthquake

Retrieved on: 
Monday, January 8, 2024

LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- On January 4th, YOSHIKI donated 10 million yen to the Japanese Red Cross through his 501(c)(3) non-profit organization Yoshiki Foundation America to support areas affected by the Noto Peninsula Earthquake.

Key Points: 
  • LOS ANGELES, Jan. 8, 2024 /PRNewswire/ -- On January 4th, YOSHIKI donated 10 million yen to the Japanese Red Cross through his 501(c)(3) non-profit organization Yoshiki Foundation America to support areas affected by the Noto Peninsula Earthquake.
  • The reason I announce these donations each time is to attempt to expand the circle of support even a little.
  • I sincerely hope that everyone in the affected areas can return to their normal lives as soon as possible."
  • In 2020, he donated 10 million yen to the Japanese Red Cross Society to support the areas affected by the Great East Japan Earthquake, nine years after the disaster.