Belveron Partners closes $280M fund for affordable housing

first_imgFull Name* Message* Email Address* Belveron Partners founder Paul Odland with 2000 Valentine Avenue (left) and 1985 Webster Avenue in the Bronx (Photos via Google Maps; Twitter)Belveron Partners closed a $280 million fund to invest in affordable housing across the country as the sector gains interest from larger investors.The San Francisco-based firm exceeded its initial $225 million target for the fund. It is the sixth fund the company has closed since its inception. The fund will acquire and manage over 5,000 units of affordable and workforce housing in the next three years targeting urban and suburban areas in the Northeast, Mid-Atlantic and Southwest.Paul Odland, founder of Belveron Partners, said the fund’s investors are institutional along with family offices.Demand from institutional investors in affordable housing is growing, according to Odland.“It has less volatility in the long term than a lot of other asset classes,” said Odland.In January 2020, Belveron acquired 1,275 affordable housing units in the Bronx. The portfolio totals eight buildings that were constructed in the 1970s under the state’s Mitchell-Lama program.And in June, Belverron partnered with Camber Property Group and the New York City Department of Housing Preservation (HPD) to acquire a portfolio of 384 rent-stabilized and market-rate homes in Brooklyn.The company is still “a long-term believer in the five boroughs,” Odland said.Belveron also recently acquired 1,500 market-rate apartments in metro areas of Texas.Since its inception in 2006, Belveron has raised more than $930 million from institutional investors. It owns more than 30,000 units in the U.S.Contact the author Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlink TagsAffordable HousingBronxlast_img read more

U–Pb ion-microprobe zircon geochronology from the basement inliers of eastern Graham Land, Antarctic Peninsula

first_imgNew geological mapping combined with U–Pb ion microprobe zircon geochronology on the isolated but locally extensive exposures of crystalline basement inliers of eastern Graham Land has greatly improved our understanding of the region’s early crustal evolution and has allowed a more thorough evaluation of Patagonia–Antarctic Peninsula connections prior to Gondwana break-up. At Eden Glacier, diorite gneisses yield Early Ordovician protolith ages of 487 ± 3 and 485 ± 3 Ma and represent the oldest in situ rocks recorded on the Antarctic Peninsula, and indicate a significant spatial extension of Famatinian-age magmatism of Patagonia. Zircon overgrowths in the Early Ordovician protoliths and granitic leucosomes developed within them record two phases of Permian metamorphism at c. 275 and c. 257 Ma, coincident in part with diorite plutonism of the area at 272 ± 2 Ma. At Adie Inlet, granitic leucosomes from paragneiss have been dated at 276 ± 3 Ma, and these are in turn cut by 257 ± 3 Ma xenolith-rich diorite gneiss. The diorite intruded during a second phase of deformation, which folded the paragneiss leucosomes into tight folds. This whole assembly is cut by intensely brecciated megacrystic granodiorite, which yielded a 259 ± 3 Ma age. South of Cabinet Inlet a very different sequence of events is evident, with Triassic magmatism at c. 236 Ma extensive along the Joerg Peninsula. Migmatitic leucosomes are dated at c. 224 Ma and magmatism and deformation events apparently continued to c. 209 Ma at Cape Casey. Our data indicate that the Devonian and Carboniferous magmatism at Target Hill, considered to represent the ‘classic’ basement complex of the Antarctic Peninsula, is not representative regionally. The Target Hill crustal block contains a major break along Cabinet Inlet; to the north, Ordovician and Permian protoliths were variably migmatized during two episodes of Permian deformation and metamorphism, whereas to the south, Triassic protoliths and Triassic metamorphism are encountered.last_img read more

US Navy tests real-time 3D diving sonar

first_img View post tag: CodaOctopus CODA has demonstrated the recently launched Echoscope4G® Surface during a US Navy training exercise as part of a Naval Sea Systems Command (NAVSEA) 3D HUD System.The Surface is a real-time 3D sonar and can be used for launch on small rapid response rigid inflatable boats (RIB) and additional inflatable craft used in law enforcement, salvage and underwater construction.During the live demonstration, tethered divers were able to hand carry the near neutrally buoyant sonar underwater and use it in two operational modes — navigation and observation.Both modes can operate with or without subsea positioning simplifying deployment. The diver, through use of the 3D Head Up Display (HUD) technology under development, and the dive supervisor on the surface can view simultaneously the same real-time 3D sonar image, CodaOctopus said.The biggest challenge for divers in challenging environments is visibility and real-time scene awareness – from their perspective and in 3D, Blair Cunningham, Coda’s President of Technology, explained.“There are clear benefits for applications such as marine security, where the new Surface will help divers to identify foreign objects in the underwater environment where cameras cannot be relied upon. Specific markets including breakwater construction and inspection can immediately benefit from this technology providing clear 3D diver inspection data,” Cunningham added.“During this US Navy training exercise in which we demonstrated the capabilities of our newly launched Surface, in navigation mode the diver effortlessly navigated around seabed debris and towards vertical piles structure hundreds of feet away with clear and effective communication between diver and supervisor. Coupled with a real-time enhance video feed from the diver helmet, the supervisor was acutely aware of the benefit of safe navigation underwater for the diver with clear direction and scene understanding by both parties.”“Observation mode allows the diver to simply detach the hand-held Echoscope4G® Surface and attach to a mount or the asset under inspection – at this point both diver and supervisor have a 3rd person perspective overview of the scene with the diver also being clearly imaged. In salvage and construction operations, as well as those of the military and law enforcement, this (…) capability allows full safety monitoring of the diver and a comprehensive record of activities and events within the sonars imaging range,” he further said. Authorities US Navy tests real-time 3D diving sonar View post tag: US Navy View post tag: 3D sonar Share this article March 28, 2018 Back to overview,Home naval-today US Navy tests real-time 3D diving sonar last_img read more

Women’s alliance

first_imgby Jonathan Bailey A petition has been started to save Oxford’s last remaining women-only college. Worried by debate on the governing body of St Hilda’s about whether to allow men to enter the college, the Oxford University Student Union (OUSU) has rallied to the defence of single-sex education. Those organising the petition claim that single-sex colleges provide the sort of atmosphere in which some women thrive. Rosalind Dampier, Women’s officer at the OUSU, suggests that “many women prefer working in a single-sex environment, which is often more supportive and less dominated by old-fashioned patriarchal ideas about women’s abilities.” She also points out that for cultural or religious reasons some women “would not even be able to take up their place at Oxford if St. Hilda’s didn’t exist.” It is this equality of opportunity which the proponents of women-only colleges claim, is so essential in a world where “there is still much to be done before we can claim full equality of the sexes especially given that in Oxford women make up less than 50% of undergraduates and 30% of graduate students and 20% of tutors”. Some members of St Hilda’s are unconvinced by the OUSU’s claims; Rachel Todd, a fresher, said “all you have to do is look at the branding of us as ‘Hildabeasts’ to realise that the all-female environment doesn’t create real equality”. Others students point out that once they leave Oxford they will not have the option of applying to a women-only workplace and that by creating one at university, St Hilda’s is not helping them in the long term. With a thousand signatures in less than a week of campaigning, the OUSU clearly have some support. They have even taken the unprecedented step of allying themselves with the Cambridge University Student Union, who are trying to keep men out of their women-only colleges.ARCHIVE: 1st Week MT2003last_img read more

Pepper and Tribal Seeds To Deliver Positive Vibrations To New York and New Jersey Next Week

first_imgWhen you think of the summertime, you think sun, beaches, bonfires, and enjoying some cold refreshments while kicking back with some straight up island-style vibes. Reggae, dub, and ska always seem to hit the spot on those hot summer days, while bringing the positivity to “irie”-type levels. Both Pepper and Tribal Seeds will be delivering the inspiration to both Huntington, NY’s The Paramount and Montclair, NJ’s Wellmont Theater on August 24th and 26th, respectively (get tickets here).Pepper, based out of San Diego, originated in Kailua-Kona, Hawaii back in 1997, and has become a force in the reggae world. Having toured with acts such as Slightly Stoopid, 311, The Wailers, Snoop Dogg, Brother Ali, The Expendables and more, the trio of Kaleo Wassman (guitar/vocals), Bret Bollinger (bass/vocals), and Yesod Williams (drums/vocals) have released seven studio albums, two live albums, and show no signs of slowing up going into their 20th year as a band. The band’s 2016 release, Ohana, was met with anticipation, as it witnessed the trio showcasing a more mature sound in their quest to transcend and expand their musical horizons.Pepper “Road to Ohana” Documentary:Creating their music in a similar vein to that of, let’s say a Steel Pulse, San Diego-based Tribal Seeds have inhaled the roots, rock, reggae of their predecessors and carved a slice of the pie for themselves. The spiritually driven, Jah-rock vibes emanate from the vocal stylings of lead singer/guitarist Steven Rene Jacobo, while the rest of the group create that sound that takes you right to the sandy beaches and crystal clear water of the Caribbean Islands. The group reached the #1 spot on Billboard’s Reggae charts for their 2014 release, Representing. With these two acts playing full sets each night, these shows are going to be the perfect way to end the summer.Tribal Seeds – “Rock The Night”:Tickets for both shows are currently on-sale and can be purchased here. For additional information and show updates, check out the Facebook Event pages – Wellmont Theater / The Paramount.Enter to win a pair of tickets to your show of choice below!last_img read more

Patriarch of Jerusalem discusses conflict and Christianity in Palestine

first_imgDespite the desire for peace in Palestine, neither peace nor security has been won by the myriad of negotiations and wars of the past 70 years, Fouad Twal, Latin Patriarch of Jerusalem, said.Twal delivered a lecture titled “Middle East Christians’ Future: In Whose Hands” on Tuesday at Hesburgh Center Auditorium as part of the 2015-2016 Notre Dame Forum “Faith, Freedom and the Modern World: 50 Years After Vatican II.” The talk was hosted by the Center For Civil and Human Rights, and Twal was introduced by University President Fr. John Jenkins.Twal ministers in a part of the world where Christians feel oppressed and was trained as a Christian diplomat, Jenkins said.  Twal brings a message of peace, reconciliation and charity. Twal first addressed the parlous state of the Christian minority in the Middle-East, with special attention to the situation in Palestine.The Christian population of Palestine is a small minority, Twal said, and thus it cannot function effectively in isolation. The Catholics in Palestine alone operate over 115 schools, some of which have a majority Muslim student body. “We cannot have a ghetto just for us Christians. … Our mission cannot know borders,” Twal said.He said there are many perils for the Christian community of the Levant, such as the Israeli bureaucracy’s mistreatment of Christian and many Muslims’ apathy towards the welfare of the Christian community, calling the Church of Jerusalem a Church of Calvary. In spite of all the suffering of the Christian community, it is impossible to live, love and work in Jerusalem without Jesus and the vision of the cross, Twal said.“In Jerusalem, He prayed, He worked and He wept,” Twal said.Twal said although the Christian community of Jerusalem is often subject to persecution, it is also unmistakably a church of resurrection, empowered by its proximity to where He rose.“I too am anxious for the future but [also] hope for a bright future,” Twal said, referring to the future prospects of the Christians of Palestine. Twal’s lecture also spent time on the consequences of the Israeli-Palestinian conflict, a conflict that fatally undermines Israel’s claims of democracy so long as the occupation continues, Twal said. “The vast majority of Palestinians are fighting for the same things Jews did,” Twal said.The rights Palestinians seek are the rights of democracies, such as dignity, respect and justice, he said. These were the same values his Patriarchate has upheld and promoted for years. While he expressed pessimism about the viability of a two-state solution, the fundamental problem is still occupation, particularly while Jerusalem is still occupied territory, Twal said. “Much is spoken [of peace], yet we have none,” Twal said. “ … In Palestine, there is no more credibility in the speech of politicians, and thus, changes requiring great sacrifice must come.”“In Palestine, one thing is clear: the cycle of degradation and violence must be broken,” he said.Twal said, the Middle-East is beset by politic without ethic and the dangerous rhetoric of extremists, lack of education, and the reckless profiteering of arms dealers are all contributing to the current disorder in the Middle-East“In Jerusalem we are closely watching the events in the Arab World…our hearts are filled with sorrow with our brothers and sisters who are victims of violence,” Twal said, “In Jordan we have 1,400,000 Syrians…last year we received 8,000 Iraqi Christian people…for sure Syria needs reform, but 200,000 [were] killed because they want to change this regime, and the regime is still in good health.”Twail said the Middle East is beset by a dark past and dark present, and he prays for the emergence of a genuine leader. Although he believes an educated population is one key step towards justice and peace, it’s clear the road to peace in the Holy Land is a long and difficult one. “[Being] fair and balanced … I’m not sure that’s possible when we speak about the Holy Land,” Twal said.Tags: Father John Jenkins, Latin Patriarch of Jerusalem, Middle East, Notre Dame Forum, Palestinelast_img read more

Lewis House of Baking returns for second year

first_imgLewis Hall will be hosting its second rendition of its signature event “Lewis House of Baking” (LHOB) on Friday from 9:30 p.m to 12:30 a.m. In its second year, LHOB was created in an attempt to replicate the success of Lewis’ other signature event “Lewis Hall of Pancakes” (LHOP) which occurs in the fall semester. Unlike their more well-known event LHOP, which features a number of different breakfast foods spread among the floors of Lewis Hall, LHOB focuses on supplying the members of the Notre Dame community with an assortment of desserts.“We originally had two signature events, LHOP and another, much less popular event that had very little participation, so we wanted to switch to an event that would gain more campus attraction and raise more money, ultimately settling on LHOB,” said junior Jasmine Mrozek, co-commissioner of the event. Jasmine M Seniors Madelyn Marquardt and Margaret Swiecicki prepare for Lewis House of Baking in 2019.Last year’s event drew hundreds of students to Lewis Hall and raised over $1,000 in the process. “The turnout was around 400 students last year, a very nice turnout for the inaugural event. We are hoping for a similar showing this year,” sophomore, co-commissioner Isabel Snee said.The event will remain mostly unchanged from last year, with a number of different desserts being served around the dorm.“We wanted to attract the same kind of people interested in LHOP, so we decided it was for the best if we didn’t change anything up too drastically,” Snee said.The selection of desserts was tweaked slightly, as Rice Krispie treats and ice cream floats were done away with and the Midwest favorite puppy chow was added.“The Rice Krispie treats were not as popular as we hoped and the ice cream floats were just too messy. I heard puppy chow was popular in the Midwest, so I thought it would be a good idea to add it to the menu,” Mrozek said. Alongside the chocolate snack, the Lewis Chicks will also be serving up cookies, brownies, cinnamon rolls and ice cream, with a number of gluten free options as well. The event’s price has increased from $3 to $5 this year, but the all-you-can-eat aspect has remained unchanged, allowing students to eat as many pastries and sweets as they can for a paltry sum. “Hopefully if we bring in more people this year, we can hit our goal of raising $1,500 for St. Margaret’s house,” Mrozek said.The event’s donut eating competition, which pitted representatives from each dorm against each other in a battle of stomachs, will not be held this year. The event donates all of its proceeds to St. Margaret’s House, an organization focused on improving the lives of impoverished women and children in the South Bend area.Tags: dorm event, lewis hall of baking, St. Margaret’s Houselast_img read more

President Trump Deems Houses of Worship Essential, Threatens to Override Governors

first_imgPhoto: D. Myles Cullen / White HouseWASHINGTON – President Donald Trump announced Friday that his administration is issuing guidance deeming places of worship “essential” operations during the coronavirus pandemic, threatening to “override” governors if their states did not follow the new federal recommendations. “Some governors have deemed liquor stores and abortion clinics essential, but have left our churches and houses of worship. It’s not right. So I’m correcting this injustice and calling houses of worship essential,” Trump said during his announcement at the White House.The President said that at his direction, the US Centers for Disease Control and Prevention will provide the guidance.Trump said he was calling upon governors to “allow churches and places of worship to open right now.” “If there’s any question, they’re going to have to call me, but they’re not going to be successful in that call,” Trump added.“The governors need to do the right thing and allow these very important essential places of faith to open right now, this weekend. If they don’t do it, I will override the governors,” he continued. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

FARC Orders Ceasefire ahead of Peace Talks with Colombian Government

first_img The FARC (Revolutionary Armed Forces of Colombia) ordered a unilateral ceasefire for two months to start at midnight on November 19, at the beginning of the peace talks with the Colombian government in Havana, in order to end the conflict that has extended for almost 50 years, declared their second-in-command Iván Márquez. “The FARC secretariat orders all guerrilla units throughout the country to cease all offensive military operations against the public force, as well as any sabotage actions against public and private infrastructures,” said Márquez while reading a press release. Several hours later, Colombian Minister of Defense Juan Carlos Pinzón, responded that the Army would maintain their operations against the FARC during the peace talks, as President Juan Manuel Santos had previously stated. The guerrilla leader announced the FARC’s decision moments before the peace talks began in Havana’s Convention Center, where the press was not allowed to attend. Márquez stated that this unilateral measure taken by the communist FARC “is a contribution to strengthen the necessary atmosphere of understanding, so that the parties can reach the goals desired by all Colombian citizens by means of the talks.” However, Minister Pinzón reiterated that the Army will maintain its counterinsurgency operations. “This is a very clear stand by the Public Forces: to continue working decisively to pursue these individuals that have violated all kinds of codes, standards, and that have threatened the lives and honor of Colombian citizens,” highlighted Pinzón in a press conference. “I hope they keep their word, but in reality, history shows that this terrorist organization has never been honest about anything,” he criticized. The government chief of negotiations, Humberto de la Calle, as well as President Santos, had declared repeatedly that the Army would keep its operations during the peace talks. By Dialogo November 21, 2012last_img read more

Increase the effectiveness of your member onboarding program

first_imgIs your member onboarding process as efficient and effective as it ought to be?As consumers increasingly recognize the credit union difference and seek membership, the goal of establishing meaningful, productive connections during their early interactions with your organization has become even more critical, says Angela Prestil, CUNA’s director of business development.With credit union memberships now exceeding 103 million, the sheer number of new members can stress staff resources. And the emergence of technology as a powerful but disruptive influence in financial services means credit unions offer more products and services than ever.Often, staff must educate new members on how to use their smartphones and other devices to access these offerings.Traditionally, many credit unions relied on a 2x2x2 formula—check-ins with new members two days, two weeks, and two months after they’ve come on board, Prestil notes. continue reading » 21SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more