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Houston multifamily developer's new CEO plans growth in other markets

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The firm is focusing on acquisitions in Colorado, Texas, Florida and Georgia. Reported by bizjournals 3 hours ago.

Pinnacle’s Affordable Platform Promotes a New Leader

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ORLANDO, Fla., April 03, 2018 (GLOBE NEWSWIRE) -- Pinnacle, one of the nation’s leading multifamily management firms, announces the promotion of David Bales to Senior Vice President of Compliance and Affordable Operations following the retirement of long-time leader Deanne Davis. With more than 33 years of industry experience, Bales is responsible for linking company operations and compliance for its nearly 30,000 affordable units across 19 states. Based in Orlando, he reports to Chief Operating Officer, Larry Goodman.Bales passion for affordable property management started 18 years ago while overseeing a multifamily portfolio in Florida. Today, his specialization guides 14 compliance professionals who hold 16 National Affordable Housing Certifications and 32 State Housing Finance Agency Certifications. The team works together to ensure the required IRS regulation guidelines and stringent resident qualifications are met across Pinnacle’s affordable platform.

“When the opportunity to head up such a critical arm of the Pinnacle operation came up, I knew it would be a good fit for me,” said Bales. “I have a strong passion for this sector and saw this as a unique opportunity to shape the future by bringing shelter to those who need the most help.”

Pinnacle currently ranks second on the NAHMA Affordable 100, which is the National Affordable Housing Management Association’s list showcasing the country’s largest affordable managers based on unit count. The company’s portfolio also includes many of the largest syndicators and limited partners in the affordable housing markets.

“We are fortunate to have such a powerful reputation in the industry with many quality relationships. Pinnacle maintains this status by continually upgrading and streamlining our service capabilities,” explained Bales. “The more efficient we are, the more we can focus our energy on the helping the residents who so desperately need a hand.”

*About Pinnacle Property Management Services, LLC
*Pinnacle Property Management Services, LLC, (“Pinnacle”) is a privately held national real estate provider specializing in third party management of multifamily residential communities. As one of the nation’s preferred third-party managers, Pinnacle’s portfolio includes over 165,000 residential units and 2.75 million square feet of commercial assets. With the Corporate headquarters located in Dallas, Texas, Pinnacle has more than 4,100 employees located in 30 states. For more information, visit www.pinnacleliving.com.

*MEDIA CONTACT*

Suzi Smith
(214) 891-7831
ssmith@pinnacleliving.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/dd9ae0a8-e893-4427-b911-72c747862e5f Reported by GlobeNewswire 3 hours ago.

Ted Cruz challenger Beto O'Rourke announces $6.7 million haul

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Democratic Rep. Beto O’Rourke won his primary in March when Democrats had their highest turnout in decades for Texas midterm primaries. Still, political handicappers say Sen. Ted Cruz, a former GOP presidential candidate, is likely to win his race against the lesser-known O'Rourke.

 
 
 
 
 
 
  Reported by USATODAY.com 2 hours ago.

'Injectable bandage' made from seaweed and a pastry ingredient stops internal bleeding in minutes

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'Injectable bandage' made from seaweed and a pastry ingredient stops internal bleeding in minutes Researchers from Texas A&M University found that the treatment, which is released over several days, creates a 3D, jelly-like substance that promotes healing of damaged tissue. Reported by MailOnline 3 hours ago.

Jake Allyn Reveals ‘The Quad’ Behind-The-Scene Secrets!

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It didn’t take Jake Allyn long to realize BET’s drama ‘The Quad’ was going to be a hit! The Texas born actor who plays Bojohn Folsom, the school’s first white starting quarterback in the critically acclaimed series, revealed to OKMagazine.com exclusively that he knew the show was going to a success as soon as he filmed Read More

The post Jake Allyn Reveals ‘The Quad’ Behind-The-Scene Secrets! appeared first on OK! Magazine. Reported by OK! Magazine 42 minutes ago.

Data Foundry Promotes Internally to Fill Two New C-Suite Positions

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AUSTIN, Texas, April 03, 2018 (GLOBE NEWSWIRE) -- Data Foundry, a premier Texas colocation provider with a global network, is pleased to announce the promotion of two executive team members and long-time employees: Cameron Wynne and Mark Noonan. Cameron Wynne has been promoted to Chief Operating Officer, and Mark Noonan has been promoted to Chief Revenue Officer. These are both new positions for the company that developed out of the need for a larger executive team to support the companies growing operations.

In the last few years Data Foundry constructed new data centers in Austin and Houston, and added new services to its managed services portfolio, including cloud storage, managed back up and structured cabling.

“The entire Data Foundry staff played a role in these expansions, and we continue to promote from within as we bring in new team members to serve our growing customer base,” says President Shane Menking.

Cameron Wynne has been with Data Foundry for 17 years, previously serving as the company’s vice president of operations. Before joining Data Foundry, Wynne worked as an IT consultant for PwC and Cap Gemini. Mark Noonan has been with the company for 18 years, previously serving as the vice president of sales. Prior to joining Data Foundry, Noonan was a member of Dell’s enterprise sales team. Both men have been indispensable to making the company what it is today.

“Mark and Cameron are both industry veterans who have made invaluable contributions to the company. Cameron has played a key role in the design and development of our purpose-built data centers and the formation of thorough operating procedures. Mark has long received recognition for his leadership in sales and business development, and has contributed significantly to our growth from a single data center to multiple facilities with a global network,” says Menking.

*About Data Foundry*

Founded in 1994, Data Foundry is a privately held company headquartered in Austin, Texas that owns and operates purpose-built, carrier-neutral data centers, providing colocation, disaster recovery and managed services for enterprises across a variety of industries. The company's premier data centers are supported by onsite technicians, security, and support staff 24x7x365. Data Foundry operates a global network with colocation presences for deployments worldwide. For more information, visit www.datafoundry.com.

CONTACT: Media contact: pr@datafoundry.com Reported by GlobeNewswire 2 hours ago.

AIM to Highlight REL Alloys at SMTA Dallas Expo & Tech Forum on April 10, 2018

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AIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce their participation at the SMTA Dallas Expo & Tech Forum, scheduled to take place April 10th, 2018 at the Plano Event Centre in Plano, Texas. AIM will highlight their revolutionary REL61™ and REL22™ lead-free solder alloys, along with their full line of solder assembly materials.

CRANSTON, R.I. (PRWEB) April 03, 2018

AIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce their participation at the SMTA Dallas Expo & Tech Forum, scheduled to take place April 10th, 2018 at the Plano Event Centre in Plano, Texas. AIM will highlight their revolutionary REL61™ and REL22™ lead-free solder alloys, along with their full line of solder assembly materials.

AIM’s new alloys provide the PCB assembly industry with unique solutions to address the limitations of current industry offerings. REL22 is an award-winning, high reliability alloy with durability characteristics that double that of SAC305 in harsh environments. REL61 is a low silver solder alloy that solves the process challenges associated with many other low/no silver solder alloys. With a 10°C lower melting temperature and superior wetting performance, REL61 can lower process temperatures, prevent PCB damage, and reduce waste. AIM’s REL alloys are available in paste, wire and bar formats and are engineered for reliability, usability, and cost effectiveness.

Along with their REL products, AIM will showcase its full line of advanced solder materials, including its solder pastes, liquid fluxes, tin/lead and lead-free alloys. To discover all of AIM’s products and services, visit the company at the SMTA Dallas Expo & Tech Forum for more information and to speak with one of AIM’s knowledgeable staff members.

About AIM

Headquartered in Montreal, Canada, AIM Solder is a leading global manufacturer of assembly materials for the electronics industry with manufacturing, distribution and support facilities located throughout the world. AIM produces advanced solder products such as solder paste, liquid flux, cored wire, bar solder, epoxies, lead-free and halogen-free solder products, preforms, and specialty alloys such as indium and gold for a broad range of industries. A recipient of many prestigious SMT industry awards, AIM is strongly committed to innovative research and development of product and process improvement as well as providing customers with superior technical support, service and training. For more information about AIM, visit http://www.aimsolder.com.

Upcoming Events:

April 10, 2018 – SMTA Dallas – Plano Centre, Plano, TX

April 18, 2018 – SMTA Atlanta – Infinite Energy Center, Duluth, GA

May 9, 2018 – SMTA Wisconsin Expo – Milwaukee Crowne Plaza, Milwaukee, WI

May 15, 2018 – SMTA Carolinas – DoubleTree Raleigh Brownstone, Raleigh, NC

May 17, 2018 – TEC Warsaw, DoubleTree by Hilton Hotel & Conference Centre, Warsaw, Poland Reported by PRWeb 2 hours ago.

San Antonio tricentennial remembers the Alamo and much more

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San Antonio, Texas, is remembering the Alamo along with the rest of its history as part of a 300th birthday celebration. The city was founded in 1718 when Spanish settlers built the Mission San Antonio de Valero — today known as the Alamo — along the San Antonio River. In 1836, the Alamo was the site of a legendary battle as Texas fought for independence from Mexico. A tricentennial commemorative week is scheduled for May 1 to May 6. For visitors, May 4 will be of particular interest, with arts events, a festival and fireworks. Reported by SeattlePI.com 2 hours ago.

Stone Oak could welcome San Antonio's fourth Burlington

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New Jersey-based Burlington Stores Inc., the operator of the retail chain formerly known as Burlington Coat Factory, could soon be adding its fourth San Antonio location in Stone Oak. According to documents submitted to the Texas Department of Licensing and Regulation, the new store will be in the Stone Ridge Market, which is anchored by an H-E-B Plus! location. The new Burlington will move into a 42,000-square-foot shell at 21115 U.S. Highway 281, Suite 1600, previously home to a Sports Authority.… Reported by bizjournals 1 hour ago.

Texas renews request to expedite execution process

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HOUSTON (AP) — Texas is again attempting to expedite the execution process by seeking U.S. Attorney General Jeff Sessions’ approval to opt in to a federal law shortening legal deadlines and limiting appeals options for death-sentenced inmates. State’s Attorney General spokeswoman Kayleigh Lovvorn tells the Houston Chronicle that the renewed request to the Justice Department […] Reported by Seattle Times 1 hour ago.

Sunnova Energy Corporation Closes $100 Million Equity Investment in Latest Capital Raise

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Houston, TX, April 03, 2018 (GLOBE NEWSWIRE) -- Sunnova Energy Corporation, the leading privately held U.S. residential solar + battery storage service provider, announced today that it has closed a $100 million equity investment with Quantum Strategic Partners Ltd. (“QSP”), a private investment vehicle advised by Soros Fund Management LLC that focuses on long-duration investments globally.
Since its inception in 2012, Sunnova has raised over $2.5 billion through a diverse range of funding sources, including tax equity, debt and corporate equity, from institutional investors, private equity firms and major Wall Street banks. 

“We are proud to partner with QSP to further accelerate our growth in offering a better energy service at a better price to enable energy independence for homeowners,” said William J. (John) Berger, Chief Executive Officer of Sunnova. “This latest capital investment is another clear indication of Sunnova’s leadership in the residential solar + battery storage service industry.”

Berger added: “The U.S. power industry isn’t changing—it has changed—and we’re leaving the 19th century solution for energy behind us. All consumers are entitled to cleaner, more reliable energy at a cheaper price no matter where they live, and we’re able to offer them that through our continued expansion of solar + battery storage services.”

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*About Sunnova Energy Corporation
*Founded in 2012 and headquartered in Houston, Texas, Sunnova is the leading U.S. residential solar + battery storage service provider. With nearly 60,000 customers across the U.S and its territories, including Guam, Puerto Rico and the Northern Mariana Islands, Sunnova uniquely provides a 25-year service commitment with every homeowner’s customized solar + storage system. Sunnova’s goal is to provide the choice of low-cost, worry-free solar energy and battery storage technology that generates long-term value and savings for customers and facilitates continued business growth for its network of trusted partners. For more information, visit the company online at www.sunnova.com  and follow the company on Twitter.

 *About Quantum Strategic Partners Ltd.*
Quantum Strategic Partners Ltd. (“QSP”) is a private investment vehicle that pursues investments globally in a variety of industries and across strategies, including buyouts, growth equity transactions and structured investments. The investment advisor to QSP is Soros Fund Management LLC, a private investment management firm that serves as the principal investment advisor to a number of private investment funds that are managed exclusively for Soros family clients.

DISCLAIMERS

Statements in this release that are not historical facts, including but not limited to statements regarding the company's capital availability and security; the company's strengthened financial position; the company's ability to meet its strategic growth objectives, are forward-looking statements that are based on current expectations. Although we believe our expectations are based on reasonable assumptions, we can give no assurance that these expectations will prove correct. Important factors such as market conditions, technology changes, capital needs and uses, results of operations and other risks and uncertainties beyond our control cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made and we do not undertake any obligation to update or revise any forward-looking statement.

 

 

Attachment:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/60a8b2bb-85c7-48a7-b5b1-c6c4e58f25da

CONTACT: Kelsey Smith
Sunnova Energy Corporation
Kelsey.smith@sunnova.com Reported by GlobeNewswire 1 hour ago.

StoneGate Senior Living Contracts with Eight New Communities in Oklahoma

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The senior living company, with facilities in Texas, Colorado, and Oklahoma, adds the eight properties to the portfolio to expand its presence in the Sooner State.

Oklahoma City, OK (PRWEB) April 03, 2018

StoneGate Senior Living, an award-winning full-spectrum senior care and housing company, announces the addition of eight new properties in Oklahoma. The communities offer a range of supported services in all areas of retirement from independent living to assisted living, skilled nursing, rehabilitation, and memory care. The eight established properties are newly contracted from Southwest Healthcare.

“We are excited to announce our involvement with the Southwest Healthcare properties,” says John Paul Taylor, COO of StoneGate Senior Living. “As an Oklahoma native, as is our CEO, we have known Denver McCormick for many years and have always appreciated the manner in which he and the Southwest team have cared for the senior population. We will strive to follow in his footsteps with our involvement in his properties and hope to continue the legacy and success.”

The properties include:· Garland Road Nursing and Rehabilitation Center, Enid, OK
· Highland Park Manor, Okmulgee, OK
· Meadowlake Estates, Oklahoma City, OK
· Noble Health Care Center, Noble, OK
· Ranchwood Nursing Center, Yukon, OK
· Tuscany Village Nursing Center, Oklahoma City, OK
· Meadowlakes Retirement, Oklahoma City, OK
· Victorian Estates, Yukon, OK

StoneGate now contracts with 13 total properties in the state; 11 skilled nursing facilities and two assisted living communities with more than 1,300 beds. The skilled nursing facilities accept Private Pay, Medicare, Managed Care and Medicaid and the assisted living communities accept Private Pay.

“It has been my honor and privilege to work with Southwest senior leadership, regional support, and facility leadership to assure a smooth transition into the StoneGate portfolio of properties,” says Brandon French, Divisional VP of Operations.

StoneGate management says plans for the properties include making substantial investments in the physical plant and IT infrastructure. StoneGate also plans to continue to improve market presence through community outreach, strategic partnership, and marketing initiatives to promote and grow the StoneGate brand.

About StoneGate Senior Living, LLC
StoneGate Senior Living, LLC provides support services to senior living and care properties that offer skilled health care, assisted living, memory support and independent living locations in Colorado, Oklahoma, and Texas. Founded and led by a team of senior living industry veterans, StoneGate understands that careful attention to customer expectations is vital to the success of a senior living and care community. Learn more at http://www.StonegateSL.com. Reported by PRWeb 51 minutes ago.

Trump's trade war hits home: China's retaliatory tariffs target Texas pecans, grapefruit

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Reported by DallasNews 38 minutes ago.

Van Morrison to join Willie Nelson for three Philly-area Outlaw Music shows

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Northern Irish soul man to make rare appearances with Texas country songwriting legend, as well as Tedeschi Trucks Band, and others. Reported by philly.com 16 minutes ago.

Governor candidate Andrew White calls for ‘Made in Texas’ signs at gas pumps, state fleet of self-driving vehicles

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Reported by DallasNews 2 minutes ago.

Austin officials: 2 former workers falsified meter readings

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AUSTIN, Texas (AP) — Austin officials say two former water meter readers fabricated readings last summer, causing thousands of residents’ water bills to spike in September. The Austin Water Utility had long denied that meter readers could have falsified the inaccurate meter readings that led to overbilling. Kerry Overton is the deputy general manager of […] Reported by Seattle Times 33 minutes ago.

Texas university pro-life students say banners promoting programs stolen five times in last year

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Pro-life students at University of Texas at San Antonio noticed their banner promoting an upcoming speaker had been stolen Friday – for the fifth time in the last year. Reported by FOXNews.com 24 minutes ago.

Greystar Announces First Annual Desert Open To Benefit The Arizona Chapter of The PTSD Foundation

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Greystar team members and area businesses will come together to give back to combat veterans and their families.

(PRWEB) April 04, 2018

Greystar is pleased to announce its first Annual Desert Open to benefit the Arizona Chapter of the PTSD Foundation of America. The charity event will take place on Friday, April 6, 2018 at Legacy Golf Resort in Phoenix, Arizona. Greystar team members and area businesses will come together to give back to combat veterans and their families. Over 140 golfers will participate and more than 30 businesses will sponsor the Desert Open. Golf reservations and sponsorship opportunities have sold out for the inaugural event.

The charity event will begin with registration at 6:30am and tee-off will take place at 7:30am. A charity lunch will be held during the day followed by a post golf awards ceremony.

“We are delighted to work with our sponsors and clients to support the opening of the Arizona Chapter of the PTSD Foundation of America,” said Andrina Shields, Director of Real Estate for Greystar. “This event will allow us to increase awareness of The PTSD Foundation while raising funds that will go directly toward supporting veterans and their families in Arizona.”

The PTSD Foundation of America is dedicated to serving the needs of veterans and their families suffering from combat related Post-Traumatic Stress Disorder. The foundation provides recreational therapy as well as a recovery program, individual mentoring sessions with certified combat trauma mentors, job placement and peer support groups.

Monetary donations for the PTSD Foundation of America can be made online at http://ptsdusa.org/support-u/make-a-donation/. 95% of every donation will go directly to help a service member, veteran and their immediate families that are suffering with the unseen wounds of war, PTSD.

Additional information on the First Annual Desert Open is available at greystardesertopen.com.

About The PTSD Foundation of America:
The PTSD Foundation of America is headquartered in Houston, Texas. The Foundation is a non-profit organization under IRS Code Section 501 c (3). PTSD Foundation brings healing to the military and their families through counseling, and peer mentoring, on both an individual basis, and group settings. For more information on PTSD Foundation of America, please visit http://www.ptsdusa.org.

About Greystar:
Greystar is a leading, fully integrated multifamily real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, Latin America and Asia-Pacific, Greystar operates in over 130 markets globally and is the largest operator of apartments in the United States, managing over 420,000 units, with an aggregate estimated value of approximately $80 billion. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $23 billion in gross assets under management including more than $8 billion of developments that have been completed or are underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit http://www.greystar.com.

### Reported by PRWeb 1 hour ago.

Texas Pacific Land Keeps Pumping Out More And More

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Reported by SeekingAlpha 1 hour ago.

Migrants at U.S.-Mexico border say Trump's tough talk will not deter them

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MISSION, Texas (Reuters) - On Tuesday, the same day that U.S. President Donald Trump announced his intention to deploy military to help patrol the U.S.-Mexico border, Edwin Valdez and four other Central American migrants were walking through dense brush at a south Texas wildlife reserve, hoping to escape notice. Reported by Reuters 2 minutes ago.
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