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HPN Sells its Group Purchasing Enterprise (HPN SELECT) To Buyers…

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This collaborative business is proof of what can be accomplished through collective action. Select has found a great home with Buyers Access.

The Housing Partnership Network (HPN), an award-winning national network of affordable housing developers, operators, and capital providers is pleased to announce its sale of HPN Select, a national procurement company serving many of the industry’s premier mission-driven affordable housing owners and operators, to Buyers Access, the leading multifamily group purchasing organization (GPO) in the United States.

HPN Select, one of the Housing Partnership Network’s successful and innovative social mission enterprises, was built and owned by HPN and a group of its members/customers beginning in 2015. “The sale of HPN Select to Buyers Access is the culmination of a period of building steady growth and strong fundamentals of the business” said Chuck Wehrwein, COO and EVP for HPN. He added, “this collaborative business is proof of what can be accomplished through collective action. Select has found a great home with Buyers Access.”

Buyers Access is one of the largest group purchasing organizations in the multifamily space, representing approximately 950,000 units, and sourcing products/services for owners and operators from more than 60 supplier partners. With this new partnership, Buyers Access will also become the preferred group purchasing organization for HPN members, and this acquisition will expand opportunities for affordable housing owners and operators to leverage buying power, reduce operating expenses, and generate more efficiencies (including more cost effectively buying green, healthy and sustainable products), all while supporting their unique missions.

“The acquisition of HPN Select is an extremely accretive and synergistic opportunity and will create considerable value-add to our customers and supplier partners, while substantially expanding our footprint in Affordable Housing,” Dan Haefner, President & CEO of Buyers Access said. “We are looking forward to a long and positive partnership with HPN and its network of members.”

“We are proud of the growth and success of HPN Select, and delighted about its acquisition by Buyers Access. We look forward to working together with the team at Buyers Access, and how this new partnership will continue to expand and enhance services and opportunities for our members,” said Tom Bledsoe, President and CEO of HPN.

To learn more about this acquisition, or to request more information, visit subsidy.buyersaccess.com.

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ABOUT HOUSING PARTNERSHIP NETWORK

Housing Partnership Network(HPN) is a national collaborative of 100+ leading housing and community development nonprofits, as well as an Aeris-rated AA Four Stars Policy Plus CDFI and a national HUD-certified housing counseling intermediary. HPN members include affordable housing developers and owners, housing counseling agencies, CDFIs, and public housing authorities. Through practitioner-driven peer exchange, policy and innovation, HPN’s mission is to leverage the individual strengths and mobilize the collective power of our member organizations. Our vision is that all people live in vibrant and inclusive communities where access to affordable homes creates opportunity and economic mobility. Since our founding in 1992, HPN has collectively served over 12.8 million people; developed, rehabilitated, or preserved over 470,000 affordable homes; and launched over a dozen successful social enterprises. Our work has been recognized with honors including the MacArthur Award for Creative & Effective Institutions and Wells Fargo NEXT Award for Opportunity Finance. Current initiatives include the EcoGuide, a resource to guide comparison and incent procurement of healthier, greener products. Follow @HPN_Network on Twitter and continue the conversation on LinkedIn.

ABOUT BUYERS ACCESS

For over 35 years, Buyers Access has been the preferred group purchasing organization for some of the most respected multifamily owners and operators in the nation. Trusted for more than just our purchasing power, our team of experienced industry professionals leverage data and analytics to maximize supplier partnerships and optimize procurement, creating compelling measurable results, while adding substantial value to productivity and profitability. For more information, contact Lindsey Scholl at [email protected]

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Source: https://www.prweb.com/releases/hpn_sells_its_group_purchasing_enterprise_hpn_select_to_buyers_access/prweb17983959.htm

Blockchain

Unique Bitcoin-backed home loan refinancing deal in California

Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego.

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One of Southern California’s largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan.

The company stated that this is the first time a refinancing has been completed using Bitcoin as collateral. In the July 28 announcement it added that it has previously facilitated a number of real estate transactions that used BTC as the form of payment.

Glen Oaks Escrow, which started accepting Bitcoin payments in 2018, views the transaction as proof that Bitcoin’s value proposition is becoming clearer to debtors and creditors. Company Chief Operating Officer Joe Curtis commented:

“Seeing a lender use cryptocurrency for a refinance shows us that this payment method is continuing to grow in how it’s used and who it’s used by.”

He added that seeing the lender rather than the home buyer using BTC in a real estate transaction “tells us that this technology has the potential to continue becoming more prominent, even if it is still considered new to our industry.”

In another crypto related real estate development, a Dogecoin aficionado from the U.S. state of Utah has offered a 10% discount on his property if the buyer pays in DOGE.

On July 27, a local TV station reported that the owner listed the $389,000 home for sale and will accept seven cryptocurrencies but prefers Dogecoin due to his belief the 10% discount would quickly be made up for by Dogecoin price appreciation. After applying the discount, the amount of DOGE required to make the purchase would be around 1.7 million tokens at current prices.

Way back in 2017, Cointelegraph reported on the first-ever BTC real estate transaction which occurred in Texas.

Related: 5 Cities That Let You Buy Real Estate with Bitcoin

These two new stories are the latest positive developments in the real estate sector. On July 23, Cointelegraph reported that an increasing number of real estate firms are accepting payments in cryptocurrency.

CEO and founder of The Crypto Realty Group, Piper Moretti, told Cointelegraph that many buyers purchasing real estate with digital assets are taking loans out against their cryptocurrency, so they can still benefit from holding coins while putting the value to work.

In May, it was reported that buyers could even use Dogecoin to make a property purchase in Portugal. FNTX Capital Suisse partnered with Portugal-based property developer 355 Developments to offer condos for crypto in the capital, Lisbon.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://cointelegraph.com/news/unique-bitcoin-backed-home-loan-refinancing-deal-in-california

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Blockchain

Unique Bitcoin-backed home loan refinancing deal in California

Glen Oaks Escrow has made its first BTC-backed refinancing of a property in San Diego.

Published

on

One of Southern California’s largest independent escrow companies, Glen Oaks Escrow, has announced its first property refinancing with a Bitcoin-backed loan.

The company stated that this is the first time a refinancing has been completed using Bitcoin as collateral. In the July 28 announcement it added that it has previously facilitated a number of real estate transactions that used BTC as the form of payment.

Glen Oaks Escrow, which started accepting Bitcoin payments in 2018, views the transaction as proof that Bitcoin’s value proposition is becoming clearer to debtors and creditors. Company Chief Operating Officer Joe Curtis commented:

“Seeing a lender use cryptocurrency for a refinance shows us that this payment method is continuing to grow in how it’s used and who it’s used by.”

He added that seeing the lender rather than the home buyer using BTC in a real estate transaction “tells us that this technology has the potential to continue becoming more prominent, even if it is still considered new to our industry.”

In another crypto related real estate development, a Dogecoin aficionado from the U.S. state of Utah has offered a 10% discount on his property if the buyer pays in DOGE.

On July 27, a local TV station reported that the owner listed the $389,000 home for sale and will accept seven cryptocurrencies but prefers Dogecoin due to his belief the 10% discount would quickly be made up for by Dogecoin price appreciation. After applying the discount, the amount of DOGE required to make the purchase would be around 1.7 million tokens at current prices.

Way back in 2017, Cointelegraph reported on the first-ever BTC real estate transaction which occurred in Texas.

Related: 5 Cities That Let You Buy Real Estate with Bitcoin

These two new stories are the latest positive developments in the real estate sector. On July 23, Cointelegraph reported that an increasing number of real estate firms are accepting payments in cryptocurrency.

CEO and founder of The Crypto Realty Group, Piper Moretti, told Cointelegraph that many buyers purchasing real estate with digital assets are taking loans out against their cryptocurrency, so they can still benefit from holding coins while putting the value to work.

In May, it was reported that buyers could even use Dogecoin to make a property purchase in Portugal. FNTX Capital Suisse partnered with Portugal-based property developer 355 Developments to offer condos for crypto in the capital, Lisbon.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://cointelegraph.com/news/unique-bitcoin-backed-home-loan-refinancing-deal-in-california

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Real Estate

Texas Premier Locksmith in Dallas Offers 10 Percent Discount on…

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Keyless deadbolts—also known as electronic deadbolts—represent a significant advance in residential and commercial security. Instead of requiring a key for entry, they use an access code. Some also have voice control, wifi, and alarm options.

Texas Premier Locksmith has seen an increase in requests for keyless deadbolt installation thanks to their high-tech advantages. For one, homeowners never need to worry about being locked out of the house when they forget their keys; a keyless deadbolt is unlocked with a unique PIN. Because they’re powered by batteries, they are not affected by power outages, but they do have backup access to ensure that even if the batteries run out, the deadbolt can be opened.

Many brands of keyless deadbolts can be integrated with home and commercial security systems, offering customers peace of mind knowing they have an extra layer of protection from intruders. Some keyless deadbolts even have the ability to connect to lights within a home or business, so they can be set to turn on when the deadbolt is opened.

Texas Premier Locksmith is pleased to help Dallas homeowners take advantage of this new technology by offering a 10 percent discount on keyless deadbolts for the entire month of August.

With same-day services, licensed and insured technicians, and high quality equipment and materials, Texas Premier Locksmith is the top choice of homeowners and businesses looking for expert keyless deadbolt installation in Dallas.

About Texas Premier Locksmith

Texas Premier Locksmith provides expert locksmith services in Dallas, TX and its surrounding area. Learn more about their services by visiting https://txpremierlocksmith.com, calling 972-301-2292, or stopping by their storefront at 6959 Arapaho Rd. Suite 125, Dallas,TX 75248.

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Source: https://www.prweb.com/releases/texas_premier_locksmith_in_dallas_offers_10_percent_discount_on_keyless_deadbolts/prweb18094332.htm

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Real Estate

Solvang Insurance Agent Tips to Help Home Owners Protect Their…

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insurance Solvang

A home can be an asset that pays off when it’s time to move to a larger home, for college tuition and for retirement.

The online real estate “firsttuesday Journal,” reports that more than 47,000 homes sold in California in March 2021, 39-percent higher than the previous year. Homeownership is a primary goal for many in California and across the nation and Rick Torres, owner of R.W. Torres Insurance Agency in Solvang said, “It’s important to protect this valuable asset.”

For most, a home is the largest purchase they will make in their lifetime. A home can be an asset that pays off when it’s time to move to a larger home, for college tuition and for retirement, plus a variety of other situations. “Homeownership is a significant achievement and an important part of life,” said Torres. “New homeowners celebrate by hosting a housewarming party to share their new home with friends and family, but there are some other important ways to mark the achievement of buying a home.”

Tips for helping protect the investment of a home include:

  • Mark the calendar for scheduling important home inspections. Inspecting the roof and underneath the home, termite inspections, electrical inspections, inspecting plumbing for leaks and identifying and eliminating fire hazards inside and outside can be critical for preventing serious damage. National Home Ownership Month, in June of each year, can be a good reminder for taking care of some of the business of homeownership.
  • “New buyers, especially first-time buyers, can benefit by setting aside a specific time to plan and review the new home purchase budget,” said the Solvang insurance agent. “If the home is already in escrow, or you have moved in, take some time to prioritize and estimate the cost of any improvements you want to make. Some things, like landscaping, can be completed section by section, spreading the cost over time.
  • Homeowner insurance is part of the family budget, but it’s also part of the home purchase/maintenance budget. Those who already own a home are going to benefit from a review. Events such as an increase in salary, a new baby, a marriage or divorce, even the death of a partner, can change the owners’ liability risk. It’s important to be sufficiently protected.

“Homeowners insurance not only protects the owners and their families from risk,” said the Solvang insurance agent, “it helps protect the family in the event the home is damaged, if personal possessions are stolen or damaged or if someone is injured on your property. The value of the home also influences the owners’ liability risk. First-time homeowners want to be sure their risk is minimized and that the home is insured at the correct value.

Rick Torres owner of the RW Torres Insurance Agency has been a State Farm Insurance agent since 2007 and provides a full suite of State Farm Insurance products, including Auto, Home, Property, Business, Life, Health. Torres is also an active member of the Solvang and Buellton Chamber of Commerce, National Association of Insurance and Financial Advisors and an affiliate of the Santa Ynez Association of Realtors.

RW Torres Insurance Agency, Inc.

540 Alisal Road, Suite 4

Solvang, CA 93463

(805) 688-5418

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Source: https://www.prweb.com/releases/solvang_insurance_agent_tips_to_help_home_owners_protect_their_investment/prweb18097781.htm

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