NRSF

Roadway Safety Groups Provide Funding for Safe Youth Mobility in Underserved Areas

Retrieved on: 
Thursday, March 21, 2024

WASHINGTON, March 21, 2024 /PRNewswire/ -- The Governors Highway Safety Association (GHSA) has awarded a total of $125,000 from the National Road Safety Foundation (NRSF) to five states to partner with community-based groups to implement safe youth mobility programs focusing on walking, biking and/or riding a scooter. This is the third consecutive year that GHSA and NRSF have provided funding to State Highway Safety Offices (SHSOs) for youth safety initiatives in socioeconomically disadvantaged areas with limited financial resources.

Key Points: 
  • This is the third consecutive year that GHSA and NRSF have provided funding to State Highway Safety Offices (SHSOs) for youth safety initiatives in socioeconomically disadvantaged areas with limited financial resources.
  • Both traffic deaths and injuries of youth rose significantly in 2021, the most recent year of complete data from the National Highway Traffic Safety Administration.
  • GHSA and the National Road Safety Foundation remain committed to providing financial support to help equip underserved communities with safe ways for youth to travel."
  • "The National Roadway Safety Foundation is again partnering with GHSA to provide equitable, affordable and sustainable transportation options to underserved communities to create a safer today and tomorrow for our youngest road users."

Daylight Savings Increases Risk of Drowsy Driving

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 7, 2024 /PRNewswire/ -- Daylight savings time begins Sunday morning and with it comes an increased risk of drowsy driving. Traffic safety experts cite drowsiness as a significant factor in crashes nationwide that kill more than 5,000 people on our roads and highways every year.

Key Points: 
  • National Road Safety Foundation offers tips to stay alert at the wheel; Study shows 1/3 of drivers admit to falling asleep at the wheel
    NEW YORK, March 7, 2024 /PRNewswire/ -- Daylight savings time begins Sunday morning and with it comes an increased risk of drowsy driving.
  • "Drowsy driving can be as dangerous as drinking and driving," said Michelle Anderson of The National Road Safety Foundation, a non-profit organization that produces and distributes free driver safety education materials.
  • Drowsy driving is a factor in more than 300,000 crashes every year, causing 109,000 injuries and more than $30 billion in losses, according to the National Highway Traffic Safety Administration.
  • NRSF programs, which are free, deal with distracted driving, speed and aggression, impaired driving, drowsy driving, driver proficiency and pedestrian safety.

Yardi Matrix Forecasts Increase in Self Storage Delivery for 2024-2025

Retrieved on: 
Wednesday, February 21, 2024

SANTA BARBARA, Calif., Feb. 21, 2024 /PRNewswire/ -- Yardi® Matrix's Q1 2024 Self Storage Supply Forecast suggests an expansion in near-term supply, while the coming years will show a decrease.

Key Points: 
  • The last quarter of 2023 registered an increase in construction starts and the under-construction pipeline, influenced by an uptick in new development.
  • Consequently, the near-term forecast for 2024 and 2025 has been upped by 10.9 percent and 12.5 percent, respectively.
  • Yardi Matrix offers the industry's most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in commercial real estate.
  • Yardi Matrix covers multifamily, student housing, vacant land, industrial, office, retail and self storage property types.

VIDEO CONTEST INVITES TEENS TO CONVINCE PASSENGERS TO SPEAK UP WHEN IN A VEHICLE BEING DRIVEN UNSAFELY

Retrieved on: 
Thursday, January 11, 2024

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- The National Road Safety Foundation (NRSF) is launching its 15th annual Drive2Life PSA Contest, inviting teens nationwide to submit their ideas for a TV public service announcement encouraging passengers to SPEAK UP when in a vehicle being driven unsafely.

Key Points: 
  • The contest opens on Jan. 15, and all entries must be received by March 25, 2024.
  • In addition, two runners-up in each grade category (grades 6–8 and grades 9–12) will each receive $500.
  • The contest is being conducted in partnership with the American Driver & Traffic Safety Education Association (ADTSEA,) which represents driver education teachers and instructors nationally.
  • The site also includes free curriculum materials that teachers and parents can use to talk with teens about how to speak up for safety.

FINALISTS NAMED IN DRIVE SAFE CHICAGO CONTEST

Retrieved on: 
Tuesday, January 9, 2024

CHICAGO, Jan. 9, 2024 /PRNewswire/ -- Three teens have been selected by the National Road Safety Foundation (NRSF) as finalists in the tenth annual Drive Safe Chicago public service announcement contest, in partnership with the Chicago Auto Show.  Teens from Illinois and surrounding states submitted ideas for a 30-second PSA to help get the word out to empower passengers to speak up when in a vehicle being driven dangerously.

Key Points: 
  • CHICAGO, Jan. 9, 2024 /PRNewswire/ -- Three teens have been selected by the National Road Safety Foundation (NRSF) as finalists in the tenth annual Drive Safe Chicago public service announcement contest, in partnership with the Chicago Auto Show.
  • The finished spots will then be posted on the Chicago Auto Show's Facebook page, where the public can vote for their favorite through Feb. 8.
  • "We're excited to see the Drive Safe Chicago finalists' ideas turned into compelling messages that we hope will empower passengers to speak up when in a vehicle being driven dangerously," said Michelle Anderson, director of operations at National Road Safety Foundation.
  • For more information on the Drive Safe Chicago contest, visit: www.nrsf.org/contests/drive-safe-chicago .

Talonvest Capital Closes Financing for Georgia Portfolio

Retrieved on: 
Tuesday, December 26, 2023

The properties are located along busy roadways and have fully climate-controlled product offerings in markets with unmet demand.

Key Points: 
  • The properties are located along busy roadways and have fully climate-controlled product offerings in markets with unmet demand.
  • The two facilities are approximately 152,239 NRSF combined and are approaching stabilized physical occupancy.
  • The three-year non-recourse financing provided full-term interest-only payments with two annual extension options and was closed with a debt fund lender.
  • Garnett Veney, Managing Director at Castle Hill Investors, commented, “Leveraging Talonvest Capital as our advisor was invaluable for our team.

RISK OF DROWSY DRIVING INCREASES AS WE MOVE AWAY FROM DAYLIGHT SAVINGS TIME

Retrieved on: 
Thursday, November 2, 2023

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- As we move our clocks back an hour when daylight savings time ends this weekend, the risk of drowsy driving increases as we do more driving in darkness.

Key Points: 
  • NEW YORK, Nov. 2, 2023 /PRNewswire/ -- As we move our clocks back an hour when daylight savings time ends this weekend, the risk of drowsy driving increases as we do more driving in darkness.
  • Drowsy driving is more prevalent than many people think.
  • Drowsy driving is especially common among teens, who tend to keep late hours and think they can function on minimal sleep.
  • Some common remedies like blasting the radio or opening the car windows are not effective at avoiding drowsiness while driving.

Talonvest Capital Secures $13.8 Million Construction Loan

Retrieved on: 
Friday, October 13, 2023

Upon completion in November of 2024, the facility will consist of two separate structures comprising 1,025 climate-controlled and 86 exterior drive-up units across 103,440 NRSF.

Key Points: 
  • Upon completion in November of 2024, the facility will consist of two separate structures comprising 1,025 climate-controlled and 86 exterior drive-up units across 103,440 NRSF.
  • A commercial bank funded the 5-year construction loan with no repayment guarantee at an attractive spread.
  • The loan was structured with four years of interest-only payments and the opportunity for a fifth year of interest-only.
  • John Silviano, Principal at Barone Management, commented, "The Talonvest team played a crucial role in ensuring the success of this transaction.

NATIONAL ROAD SAFETY FOUNDATION AND CHICAGO AUTO SHOW INVITE AREA TEENS TO ENCOURAGE PASSENGERS TO SPEAK UP WHEN IN VEHICLE BEING DRIVEN UNSAFELY

Retrieved on: 
Tuesday, September 12, 2023

CHICAGO, Sept. 12, 2023 /PRNewswire/ --  Teens from Chicagoland and throughout Illinois, Indiana, Wisconsin and Iowa are invited to spread the word about passengers speaking up when in a vehicle being driven dangerously.   

Key Points: 
  • The National Road Safety Foundation (NRSF) and the Chicago Auto Show are hosting the 10th annual Drive Safe Chicago PSA Contest.
  • Teens can enter by sending a script or written description of a 30-second television public service announcement that encourages passengers to speak up for safety.
  • The National Road Safety Foundation has been leading an ongoing nationwide campaign to encourage passengers to speak up when in a vehicle being driven recklessly, whether the driver is impaired, drowsy, distracted or driving aggressively.
  • "We look forward to seeing some creative messages from young people who participate in the Drive Safe Chicago PSA Contest."

Self Storage Investment Firm VanWest Partners Reaches Over $80 Million in Total Capitalization for Fund III

Retrieved on: 
Friday, July 21, 2023

DENVER, July 21, 2023 /PRNewswire/ -- VanWest Partners (VanWest), a Denver-based commercial real estate investment company specializing in self storage, announces the tenth and eleventh acquisitions for VanWest Storage Fund III (Fund III).

Key Points: 
  • DENVER, July 21, 2023 /PRNewswire/ -- VanWest Partners (VanWest), a Denver-based commercial real estate investment company specializing in self storage, announces the tenth and eleventh acquisitions for VanWest Storage Fund III (Fund III).
  • Following these acquisitions, the Fund represents over $80M in total capitalization, including more than 5,500 units and approximately 895,000 NRSF.
  • The two facilities will be re-branded to ClearHome Self Storage – Cheyenne and operated by VanWest's in-house management company, ClearHome Self Storage.
  • Preceding Fund III, VanWest acquired 23 self storage facilities through Funds I and II.