Thursday, April 4, 2019

US CMBS Delinquency Rate Posts Rare Increase As Pre-Crisis Loans Experience Trouble

Trepp, LLC, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, has released its March 2019 US CMBS Delinquency Report. The full report can be accessed here: https://www.trepp.com/thank-you-march-2019-delinquency-report. Read all the latest news.

The Trepp CMBS Delinquency Rate did something it's only done three times in the last 21 months: it increased. Delinquencies for US commercial real estate loans in CMBS rose one basis point to 2.88% last month, marking the first rate increase in five months. The delinquency reading has dropped 167 basis points year over year.

"The first quarter of 2019 was a mixed bag for the CMBS and CRE markets," said Trepp Senior Managing Director, Manus Clancy." On the positive side, spreads tightened nicely following December's turbulence and CMBS issuance has been steady. However, retail bankruptcies continue to plague that part of the market and hints of a US economic slowdown continue to materialize. We believe the market's current conditions will spur continued delinquency rate drops over the next six months, but those improvements won't be as steep as those from the last 18 months."

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Delinquencies for loans in CMBS 2.0+ inched two basis points higher to 0.65% last month. That reading has risen by 10 basis points year over year. The CMBS 1.0 delinquency reading surged 164 basis points higher in March and now registers at 46.47%. Despite the huge jump, the 1.0 rate is still 137 basis points lower than its reading from one year ago.

After posting February's greatest rate drop by property type, the retail sector featured March's greatest increase as its reading jumped 13 basis points to 4.90%. The largest rate drop among major property sectors belonged to the apartment segment, as multifamily delinquencies slid 30 basis points to 2.01% last month. The multifamily rate for loans in CMBS 2.0+ dropped 25 basis points, and the same reading for loans in CMBS 1.0 sunk 120 basis points.

For additional details, such as historical comparisons and analysis on all major property types, download the March 2019 US CMBS Delinquency Report: https://www.trepp.com/thank-you-march-2019-delinquency-report. For daily CMBS commentary, follow @TreppWire on Twitter.

About Trepp
Trepp, LLC, founded in 1979, is the leading provider of information, analytics, and technology to the CMBS, commercial real estate and banking markets. Trepp provides primary and secondary market participants with the web-based tools and insight they need to increase their operational efficiencies, information transparency, and investment performance. From its offices in New York, San Francisco, and London, Trepp serves its clients with products and services to support trading, research, risk management, surveillance, and portfolio management. Trepp is wholly-owned by Daily Mail and General Trust (DMGT). For more information, visit http://www.Trepp.com.

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Farm Credit Foundation for Agricultural Advancement Announces Scholarship Recipients

The Farm Credit Foundation for Agricultural Advancement has announced the eighteen winners of their 2019 scholarship program. Ten thousand dollars will be awarded to each of the students for a total of $180,000 to pursue their careers in the agriculture industry. The recipients are:

"We are excited to award the winners of this year's scholarship program," says Dale Hershey, Chairman of the Farm Credit Foundation for Agricultural Advancement. "The Board is confident in the futures of all eighteen students and the agriculture industry."

The non-profit Foundation was established in 2015 and is funded by participating association MidAtlantic Farm Credit. The Farm Credit Foundation for Agricultural Advancement's scholarship program awards scholarships valued at $10,000 to high school seniors or students currently enrolled in an advanced educational program. The applicants must be planning to pursue a career in agriculture and reside in a county within MidAtlantic Farm Credit's five-state territory.

"We received more than 100 applications again this year from students across our region, making the selection process a challenging one," adds Hershey. "I would encourage any student pursuing a career in agriculture to apply for our scholarship program this year."

For more information about the Foundation and scholarship program, please visit fcfoundationforag.org.

About Farm Credit Foundation for Agricultural Advancement
The Farm Credit Foundation for Agricultural Advancement is a $3M non-profit foundation formed in 2015, created to help advance the future of agriculture. The Foundation's scholarship program is open to all students residing in MidAtlantic Farm Credit's five-state territory who fit the eligibility requirements. The scholarship program was announced as part of Farm Credit's 100th anniversary, held in 2016.

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Wednesday, April 3, 2019

LondonCats is Clawing Traditional Cat Fancy into the 21st Century

A London Based Cat Company are pushing aside the out-dated cat show and are taking over London with a revolutionary event they call a 'Cat Extravaganza'.

This May 04/05 in Tobacco Dock they will feature over 50 cat breeds, 7 international judges, food and drink from London's best food trucks and Instagram's cat celebrities, this is a cat show like visitors have never seen before! Shake off the preconceptions of old ladies, white coats and clipboards before hearing about the biggest cat expo in all of Europe and the first event of its kind in the UK…

Traditionally, the cat show is a fairly private affair. With judging done in secret and little for the general public to enjoy. LondonCats is associated with TICA (The International Cat Association), an organisation which accepts over 70 different breeds of cat worldwide. TICA is also growing their Household Pet exhibitors with prestigious trophies to be won by the unassuming moggie.

Want to get involved in cat showing without a pedigree cat? TICA has the largest registry of household cats. Everyones' moggie could be the next superstar! This event is truly all inclusive and changing the face of the cat fancy.

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TICA judges are flashy, flamboyant and super interactive with their audience. At the LondonCats International Show there are 7 judging rings that play host to prestigious judges from all over the world. Here they talk through the secrets of the most beautiful cats in the world to over 200 spectators at a time. LondonCats founder Steven Meserve is a TICA judge and making waves for his forward thinking:

The cat show won't be the only entertainment of the weekend. There is also a cat agility where visitors can watch cats jump through hoops and doing tricks or meet a real cat celebrity guest like James Bowen and a Street Cat Named Bob while enjoying some street food from one of the many gourmet food trucks.

For those who want to give something back to their beloved four-legged friends there will be plenty of ways to spoil them with treats and gifts from a multitude of vendors; PurrForm Premium Raw Cat Food, Basil The Bionic Cat, the internationally renowned cat blogger Katzenworld, Auto Pet, Dr. Elsey's and lots more.

The show will be open to the public from 9am to 5pm on both Saturday and Sunday.
Tickets are available on the door or online, from the LondonCats website.

LondonCats International Cat Show
4th & 5th May
Tobacco Dock – London

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Kimble Tops Momentum Grid on G2 Crowd for Second Season

Kimble Applications, the global leader in professional services automation (PSA), today announced that its software again ranks at the top of the G2 Crowd Momentum Grid Report for PSA for Spring 2019.

Kimble's Momentum Grid Report score of 79 is more than 50 points higher than rivals FinancialForce, which scored 24. Is it also more than 20 points higher than OpenAir PSA which scored 57. Kimble also topped the previous Momentum Report for Fall 2018. G2 Crowd's Momentum Grid, which highlights a product's Momentum score on the vertical axis and its Satisfaction score on the horizontal axis, and is compiled by algorithms using social, web, review and employee data, is a snapshot - the live site may vary slightly.

According to G2 Crowd's independent crowd-sourced review data, Kimble is the highest-ranking leading PSA for Enterprise, with almost 90% of reviewers saying they were 'likely to recommend' the software. Kimble also topped the Enterprise Grid among leading PSAs for 'meets requirements', 'ease of doing business', 'product going in right direction' and 'quality of customer support', where it scored 90%.

In the overall grid, Kimble scored highest for return on investment (ROI), with the average Kimble customer taking 12 months to achieve this. Additionally, Kimble scored highest among the leading PSAs for user adoption overall, scoring an unbeatable 91%, almost 20% higher than Financial Force at 73%.

Kimble CMO Mark Robinson said: "We are particularly delighted to score so highly for the quality of Kimble's customer support. We have a great customer success team at Kimble and we are very focused on delivering value for our customers. It is also gratifying to note our generally high scores for metrics such as adoption, satisfaction and return on investment."

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Below are some quotes from Kimble customers, all from global enterprise companies, who wrote positive reviews on the G2 Crowd site recently:

"Amazing personnel. Great support during implementation."
"Kimble is an excellent PS tool and the Kimble team has been incredible."
"After six years on Kimble, I do not know how we would work without it."
"The beating heart of the professional services organization."
"Good products with awesome support."

Kimble Applications helps professional service organizations run their project-based businesses better. Global leaders in consulting, software and hi-tech such as NTT Data, TCS, Sage and Canon use Kimble to optimize resource utilization, profitability and business scalability. Kimble is the only leading software vendor that focuses exclusively on professional services automation (PSA), putting all its energy into innovating features and easy-to-use functionality that improve team collaboration and efficiency around the key services processes. Built to work seamlessly with CRM, Kimble drives a forward-looking focus and more timely decision making with intelligent insights and guidance.

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Aladtec Team Heading to Indianapolis for Giant FDIC Conference, Expo

Aladtec, the premier provider of scheduling and workforce management software to fire and rescue services across America and Canada, will be among several thousand exhibitors at the five-day Fire Department Instructors Conference that opens Monday, April 8 at the Indiana Convention Center.

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Organizers say the 92nd annual FDIC International will draw 34,000 fire and rescue professionals from 65 countries. The event offers participants the chance to learn through lectures, and classroom- and workshop experiences.

More than 2,200 Public Safety agencies across America and Canada use Aladtec's cloud-based software tools, including 875 fire departments.

Aladtec is easy to use with no equipment to buy or maintain, and no software to install. The system can be used anytime by any staff member with internet access. Volunteer and paid-on-call organizations benefit from online member availability submission, rules-based sign-ups, and automated trading features.

Aladtec helps control payroll costs, and reduce unscheduled overtime with built-in work limits. Administrators can approve shift trades and time-off requests from a smartphone. The platform also includes form-building tools, an event calendar, massive storage for records and policies, certification tracking, a discussion forum, and more functions that collectively make scheduling and workforce management easy.

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Aladtec's annual subscription fee is based on the number of agency members who use the platform. All set-up, training and unlimited technical support are included in the price.

"Aladtec allows us to configure our crew schedule exactly to what we need. I save countless hours on shift trades, giveaways, and OT coverage," said Patrick Myers, Assistant Fire Chief, Lawrenceburg (IN) Fire Dept.

"Part-time members can put in their availability, and then the system allows us to select the people who are available quickly. It also allows us to see how many hours they have already worked in a certain time period to help us avoid unnecessary overtime," said Harrisburg (NC) Fire Chief Tim Wooten. "I estimate we save about 10 hours per week in scheduling time now."

By controlling overtime, Harrisburg saved more money than the annual subscription fee invested in the Aladtec software, and scheduling errors fell dramatically. They also harnessed Aladtec's forms feature to complete daily truck checks and requisition supplies, using a smartphone or tablet. Previously, forms could only be accessed using a department desktop computer.

Chief Gene Wright with Town of Beloit (WI) Fire Dept., has been an Aladtec user and fan since 2013.

"We're very diverse here with full-time people and paid-on-call, so we have people that come and go all hours of the night. We have a big projector on the wall that has the calendar up so when you walk in the door, and you see exactly who's coming. It's been a great product for us." Click here to read the latest news.

Aladtec Account Executives Joe Ellis and Ericka Hawkins will be joined at the show by Systems Specialist Eric Hahn and Product Manager Jaimie Hammond. The team will be at Booth #2645 to demonstrate Aladtec's capabilities and answer any questions from existing- or prospective customers. The Exhibit Hall will be open from 11 am to 5 pm, Thursday, April 11; 9 am to 5 pm, Friday, April 12; and 8 am to 2 pm, Saturday, April 13. Be alert to read related news.

To activate a free trial today, visit http://www.aladtec.com, or call #888-749-5550 and a representative can arrange a customized demo, unique to your department's schedules and roster.

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CONTACT INFORMATION:

Aladtec, Inc.
387 Arrow Court
River Falls, WI 54022
(888) 749-5550 Toll-Free
(715) 690-2300 Phone
(801) 406-5550 Fax
steve@aladtec.com Be alert to the latest news.

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Educational Advocate Lisa Lightner Launches New Podcast, Don’t IEP Alone

Lisa Lightner, renowned national education advocate and founder of A Day In Our Shoes - one of the most comprehensive websites on special education and related issues - helps parents make more informed decisions regarding children with disabilities and the IEP Process. She has been called "One of the most influential moms in the Philadelphia region."

Lisa's newly published podcast, Don't IEP Alone, is the only podcast of its kind, dedicated to helping parents navigate the IEP process. Some of the topics include: How to write your best parent concerns letter for your IEP; The one thing you need to be doing for your IEP; What parents should know about ESY and more. Listeners can hear all ten current episodes now and subscribe to be notified when new episodes are available.

Inspired by her son with disabilities, Lisa Lightner is an award-winning blogger and advocate. She has previously worked for her county's Arc and has served on the Boards of Directors for several disability organizations. Currently, she is her county's chairperson for the Right to Education Task Force, a federally decreed group set up in 1971 to ensure that all children in Pennsylvania had the opportunity to an education.

When not attending IEP meetings with families or lobbying in Harrisburg and DC for disability rights, she can be found on the web at her IEP advice blog, A Day in our Shoes, where she shares information, and resources that help parents make more informed decisions regarding their child with disabilities and their IEP meetings, how to communicate with schools and teachers, and other common questions. She is known for her practical, realistic and implementable advice for parents.

Lisa's education advocacy work includes coordinating fundraising events, monthly speaking engagements, serving on school district committees and the board of directors for a special education/disability non-profit. As an education advocate, Lisa consults with parents who need help understanding and navigating the IEP process. While every child and their situation are different, Lisa provides answers to very common questions or issues that are seen by parents navigating the IEP process.

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As a part of Lisa's ongoing advocacy work, she has released this IEP bundle for parents of children with disabilities, available now on her website. This new bundle includes a 2019 IEP organizer, vision statement/future planning workbook, IEP meeting prep checklist, IEP goal tracking worksheet, a booklet of IEP accommodations and strategies, webinar on understanding the PWN, and more. The downloadable organizer can be reused each year and allows parents to easily and efficiently track and compare their child's data from year to year.

"An IEP is so important for student outcomes, but the process itself is often confusing and cumbersome to parents. I'm happy to share what I've learned in a straightforward, practical manner so that parents can become better advocates for their kids."

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Lisa's website has been featured, nominated, and mentioned dozens of times by various stations and foundations. She writes and contributes to multiple websites and magazines and has appeared on television and radio shows as well as received accolades from several magazines.

To learn more about Lisa, join her at The Brain Recovery Project: Childhood Epilepsy Surgery Foundation Family Conference July 18th-20 in Cleveland, Ohio.

To reach Lisa for speaking engagements, consulting work, or other potential professional opportunities, please email her at lisa(at)adayinourshoes.com.

About Lisa
Lisa received a Bachelor of Science from Lock Haven University. She has served as a board member numerous disability organizations and 503©3s. She was named Arc Advocate of the Year in 2012 and is a current blogger and ambassador for multiple organizations. Read related news now.

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LNS Research Publishes 2019 Solution Selection Guide for Manufacturing Operations Management (MOM) Software

LNS Research, a leading industrial research and advisory firm, today released the 2019 Solution Selection Guide for MOM (Manufacturing Operations Management) Solutions, available for free download.

According to LNS, MOM solutions provide two traditional functions in the manufacturing plant:

Perhaps most importantly, a modern MOM solution can be a starting point for a full-blown industrial transformation process. According to a recent LNS survey of manufacturers, more than 60% of companies are running an industrial transformation program, or plan to within a year. This has led to a recent surge of organizations considering MOM deployment as that starting point.

When coordinated and used effectively, MOM software applications enable industrial organizations to address many challenges throughout the breadth of manufacturing industries, including:

Andrew Hughes, Principal Analyst at LNS Research and author of the guide, said, "Our research shows that manufacturers who successfully implement a MOM solution outperform their peers by a considerable margin when it comes to key performance indicators, especially KPIs tracked in plants or factories. This Solution Selection Guide will be an enormous help to those who have not yet implemented a manufacturing software system, or those who are stuck on outdated platforms."

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The MOM Solution Selection Guide (SSG) includes critical evaluation criteria for any manufacturer considering an MES (manufacturing execution system) or MOM solution, as well as a guide to the most important solution offerings in the MOM market, and the functionality and industries that each vendor serves.

Vendors profiled in the SSG include:

About LNS Research

LNS Research provides research and advisory services to guide industrial companies through digital transformations. The firm's research focuses on how digital technology drives transformations across the value chain and offers insights into the people, processes, and technologies required for achieving Operational Excellence. The firm's publications include quantitative research on trends and best practices, as well as Solution Selection Guides. The company's research analysts work with industrial companies, including manufacturers in discrete, batch, and process industries, to minimize risks associated with alignment, time, and cost in Industrial Transformation, from assessing readiness through solution selection and deployment. This work uses proven methodologies to drive convergence between IT and operations teams, and to empower team leaders to achieve goals and time-to-value, quickly and confidently.

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