Романтика у океана в отеле Ритц-Карлтон, Бали

Романтический ужин у Индийского океана

Побег в романтическое курортное лечение

Романтика у моря, романтическая привлекательность острова

Роскошные люксы и обширные виллы для ваших романтических побегов

Создайте воспоминания на всю жизнь в Ritz-Carlton, Bali

Бали со своими экзотическими пляжами и пышной тропической растительностью является магнитом для пар, и наша улучшенная концепция ужина «Романтика у океана» передаст романтическое очарование острова.”

— Карим Таяч

NUSA DUA, BALI, INDONESIA, December 31, 2018 /EINPresswire.com/ — Романтика у океана в отеле Ритц-Карлтон, Бали

Романтический ужин на берегу Индийского океана – это идиллический ужин для пары гурманов, которые хотят отметить свои романтические отношения, и оставить воспоминания на всю жизнь в отеле Ритц-Карлтон, Бали.

Во время приватного романтического ужина у моря, который подается в беседке на пляже, вы будете вдохновляться потрясающими видами природных окрестностей этого лучшего курорта на Бали, где сапфировая вода Индийского океана встречается с золотыми песками Бали. Начните на закате: небо пастельного оттенка навеет мечтательное настроение, а ароматный букет роз, бутылка идеально охлажденного шампанского и красиво украшенный стол создадут антураж для вечера абсолютной романтики.

«Бали со своими экзотическими пляжами и пышной тропической растительностью является магнитом для пар, и наша улучшенная концепция ужина «Романтика у океана» передаст романтическое очарование острова. Ничто так не усиливает романтическую атмосферу, как изысканный ужин при свечах на двоих на прекрасном пляже, который сопровождается успокаивающим звуком волн, мягко омывающих берег» -говорит генеральный директор Карим Таяч.

С приватного места на пляже с видом на океан гости насладятся великолепными представлениями природы, когда мягкий золотой свет сумерек сменяется звездным ночным небом. Лунные лучи над океаном создают свою особую магию. Предлагаются два заманчивых пакета для ужина: сет из 3 блюд – « Меню Игристое вино» или сет из 5 блюд – «Меню Шампанское», каждый из которых предлагает на выбор два разных, но одинаково соблазнительных меню.

Изюминка «Меню Иристое Вино»- это Тунец с соевым соусом, Маринованный тунец с кунжутом, сочный кусочек стриплоина говядины Вагю с кресс-салатом, кунжутная заправка, паве из картофеля и розмариновое масло, а также божественный десерт Мильфей , с топом их клубники и ванильного крема.

В меню «Шампанское» гости могут побаловать себя Севиче из морского гребешка с кускусом и цветной капустой и лимонным базиликом и очень медленно приготовленным Лососем с картофельным муслином и «Жемчужиной Акойя» – восхитительным Лингвини с лобстером, подаваемым с омаровым маслом, чесноком, водорослями комбу, луком, и волшебной по вкусу Ванильной Панной Котта, творчески поданной с цукатами и мороженым с базиликом и лимоном.

Этот чудесный романтический вечер можно продолжить спа-процедурами « Побег в Романтику» в отеле отеле Ритц-Карлтон, Бали, чтобы и далее насладиться незабываемым романтическим вечером.

Возможности для романтики в отеле Ритц-Карлтон, Бали
и в его роскошных современных люксах, обширных шикарных виллах, с превосходными удобствами и образцовым обслуживанием от услужливой команды леди и джентльменов – делают его идеальным местом для романтических уединений, свадеб, медового месяца и помолвки. ,

Для получения более подробной информации о романтическом ужине у Индийского океана или для бронирования, пожалуйста, свяжитесь с rc.dpssw.restaurant.reservation@ritzcarlton.com.

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Об отеле The Ritz-Carlton, Bali.
Уникальность роскошного пляжного курорта The Ritz-Carlton, Bali, раскинувшегося вдоль побережья Индийского океана на южной оконечности острова – в сочетании белоснежного песка на берегу океана и возвышающегося утеса, на котором он находится. Захватывающие виды на голубую лагуну и 279 изысканно обставленных номеров и 34 просторные виллы отеля – лучшие виллы на Бали, делают его идеальным местом как для романтического путешествия, так и для семейных каникул или деловых встреч. На территории курорта – клубный лаунж, шесть элегантных ресторанов, огромный Спа-центр с экзотическими процедурами и Детский клуб со множеством развлечений. Очаровательная свадебная часовня на пляже создает волшебную атмосферу для свадьбы, а площадки на открытом воздухе прекрасно подходят для проведения праздничных мероприятий и свадебного банкета на Бали. Технически оснащенные конференц-залы, помещения для встреч, специальные предложения для проживания и опытные организаторы помогут создать идеальное MICE мероприятие на Бали. Все это наполняет отдых в отеле The Ritz-Carlton, Bali воспоминаниями, которые останутся навсегда. Подписывайтесь на нас в Facebook, Instagram, Twitter, Youtube, LinkedIn.

Prhativi Dyah
The Ritz-Carlton, Bali
+62 361 848988
email us here
Visit us on social media:
Facebook
Twitter
Google+
LinkedIn

Лучшая вилла на Бали


Source: EIN Presswire

A Ph.D. Land Economist Looks at Capital Recovery Fees

The following article is by Dr. Tom McPeak, Ph.D., regarding the economics of capital recovery fees.

I believe capital recovery fees balance needs of the buyer, the developer, and the community in a Pareto-efficient way by more efficiently restructuring the economics of the real estate transaction.”

— Dr. Tom McPeak, Ph.D.

AUSTIN, TEXAS, UNITED STATES, December 31, 2018 /EINPresswire.com/ — As a Land Economist, I have always been fascinated by the allocation of land resources. One emerging area in this field is the use of capital recovery fees to allocate development costs and fund infrastructure.

A capital recovery fee is created when a real estate developer files a legal instrument in the deed records, which imposes an obligation on future sellers to pay a percentage of the sales price (e.g. one percent of the sales price), for a given period of time, [usually] ninety-nine years, which equates to an estimated 10 sales).

From the perspective of the real estate developer a capital recovery fee represents an alternative to putting 100% of development costs onto the shoulders of first-time buyers, which allows the developer to gain a competitive advantage from a reduced sales price. In addition, by selling the future income stream to investors looking for long-term income that correlates well with inflation, developers can generate liquidity for their development project, much like the issuance of public improvement district bonds, tax increment financing bonds, and similar financial instruments.

Since a capital recovery fee instrument is filed in the deed records it will appear on the title commitment delivered to a buyer prior to being legally obligated to close. As such, capital recovery fees will only be paid by parties who willingly assume the obligation, and who presumably negotiate their price and terms accordingly.

From the buyer’s perspective, the willingness to pay a capital recovery fee in the future in return for a lower initial price will result in lower acquisition costs and carrying costs, and possible reallocation of the savings (i.e. does the buyer pay down high interest credit card debt with the savings). In addition, a buyer may consider intangible issues such as the portion of the transfer fee that goes to non-profits, and whether the buyer can qualify for the lower priced home (with a capital recovery fee) but would be unable to qualify for the higher priced home (without a capital recovery fee). All of these variables go into the decision-making process, and both buyer and seller make an economic decision based upon their respective perceptions of the market value of the trade. If these perceptions match, a bargain is struck and the transaction is Pareto-efficient.

The assumption is that since each seller paid less, they can and will lower the sales price. This assumption is well-founded because economic theory suggests that buyers armed with the facts will not pay the same for a home with a capital recovery fee as they will pay for the same home without a capital recovery fee. It would be illogical to argue otherwise.

The community benefits because a portion of the income from capital recovery fees is virtually always allocated to a non-profit operating within the community. This provides long-term sustainable revenue for clean air, clean water, youth programs and other benefits to the community while reducing reliance on government funding. This builds stronger property values, which in turn protects and enhances the fee stream.

From a public policy perspective, since the future fee stream depends on long-term sustainable value, it is in the developer’s economic interest to take a long-term view of the project. In lieu of accepting a lump sum up front and then having no further economic interest in the project developers imposing a capital recovery fee have a vested interest in ensuring that property values remains as high as possible for as long as possible. This mutuality of interest benefits home buyers, taxing authorities, and the community in general.

When the parties to a transaction come away satisfied with the bargain they have made, it is referred to as a Pareto-efficient transaction. An economic system that is Pareto-efficient is an important metric for evaluating economic efficiencies and public policies. For the reasons discussed above, I believe that capital recovery fees balance the needs of the buyer, the developer, and the community in a Pareto-efficient way by more efficiently restructuring the economics of the real estate transaction.

About Dr. Tom McPeak, Ph.D.: In 2000 I began teaching at one of the nation’s top business schools, the Terry College of Business at the University of Georgia. I received my Ph.D. in Resource Development (Land Economics) from Michigan State University.

Source: Dr. Tom McPeak, Ph.D.

///
Contact: Dr. Tom McPeak, Ph.D., (770) 631-2881. tmcpeak@gmail.com

John Martinson
Freehold Capital Partners
+1 713-252-7561
email us here


Source: EIN Presswire

Adding Value to Real Estate through Asset Segregation

Freehold Capital Partners is helping real estate developers and property owners implement an asset segregation strategy that utilizes capital recovery fees

AUSTIN, TEXAS, UNITED STATES, December 31, 2018 /EINPresswire.com/ — In the eighties a form of corporate activism emerged where a publicly traded company would be an acquisition target under the theory that its various divisions could be spun out into separate publicly-traded entities which collectively would add up to a higher cumulative share price. This same theory of asset segregation applies to real estate.

Real property interests have been called a “bundle of rights” or “bundle of sticks”. Rights associated with certain sticks can be “possessory” (the right to occupy the land) or non-possessory (the right to control use of the land, such as with a deed restriction or covenant). Common “sticks” include surface rights (the right to the surface of the land and all improvements on that surface), subsurface rights (mineral rights, oil rights, etc.), air rights, water rights and incorporeal rights such as “covenants, conditions and restrictions”. Sticks can be pulled from the bundle and owned separately, which can create simultaneously existing, legally recognized interests.

Segregating the various sticks can increase value. One example is breaking out the leasehold from the fee simple. Consider an office building appraised at $100 million and owned by Mr. REIT. Mr. REIT creates a leasehold interest for 99 years. The building now must pay rent to the leasehold owner. Since the leasehold now has virtually zero credit risk, it will command a market premium. Mr. REIT sells the leasehold for $30 million and the building for $80 million. Mr. REIT has increased overall value from $100 million to $110 million. A purchaser of the building enjoys greater tax advantages (because the leasehold payment can be written off in its entirety each year, and need not be amortized or capitalized) and lower acquisition costs.

Another form of asset segregation can be seen in capital recovery fees. Real estate developers create capital recovery fees by filing a legal instrument (called a Declaration of Covenant), which imposes an obligation to pay a one percent fee at the time of each sale, generally for 99 years. This non-possessory real property interest can be segregated out and sold separately from the surface rights. In practical terms, this means that the developer can lower the sales price, and gain a competitive advantage yet still increase profits over time, because of the power of price appreciation. Each property buyer benefits from the lower purchase price (which means the buyer can qualify for a larger home or enjoy reduced payments).
Asset segregation represents an effective method of restructuring real estate transactions in a way that creates value and reduces economic inefficiencies.

About Freehold Capital Partners: For over a decade Freehold Capital Partners has helped real estate developer and property owners implement an asset segregation strategy that utilizes capital recovery fees. Freehold’s portfolio now covers hundreds of thousands of planned and existing real estate parcels in 34 states, including office buildings, retail centers, industrial space, apartment complexes, and hundreds of thousands of residential homes.
Source: Freehold Capital Partners http://www.freeholdcapitalpartners.com

###
Megan Lee media@freeholdcapitalpartners.com (T:212.755.0070)

John Martinson
Freehold Capital Partners
+1 7132527561
email us here


Source: EIN Presswire

Romantische Momente am Meer im The Ritz-Carlton, Bali

Romantisches Abendessen am Indischen Ozean

Entfliehen Sie der romantischen Spa-Behandlung

Romantik am Meer, der romantische Reiz der Insel

Luxuriöse Suiten und großzügige Villen für Ihre romantischen Fluchten

Erleben Sie unvergessliche Erinnerungen im The Ritz-Carlton, Bali

Bali mit seinen exotischen Stränden und der üppigen tropischen Umgebung ist ein Anziehungspunkt für Paare.”

— Karim Tayach

NUSA DUA, BALI, INDONESIA, December 31, 2018 /EINPresswire.com/ — Ein romantisches Abendessen am Indischen Ozean ist ein idyllisches Gourmet-Erlebnis für besondere Momente zu Zweit. Das Ritz-Carlton Bali bietet Ihnen dafür ein unvergessliches Erlebnis

Inspiriert von der atemberaubenden Umgebung eines der besten Resorts auf Bali, wo das azurblaue Wasser des Indischen Ozeans auf die goldenen Ufer trifft, wird Ihnen ein romantisches Abendessen in einem privaten Pavillon am Strand serviert. Der bei Sonnenuntergang blutrot gefärbte Himmel bildet eine traumhafte Kulisse während ein duftender Strauß Rosen, eine Flasche gekühlter Champagner und ein wunderschön dekorierter Tisch auf Sie warten.

„Bali mit seinen exotischen Stränden und der üppigen tropischen Umgebung ist ein Anziehungspunkt für Paare und unser erweitertes gastronomisches Konzept, Romance by the Sea, spiegelt die romantische Faszination der Insel wieder. Gäste dürfen sich auf ein exquisites Abendessen bei Kerzenschein, in privater Atmosphäre an einem wunderschönen Strand und begleitet vom Rauschen der Wellen freuen.”, so General Manager Karim Tayach.

Von dem privaten Pavillon am Strand mit Blick auf das Meer wird den Gästen eine herrliche Kulisse geboten,während das sanfte goldene Licht der Dämmerung einem sternenklaren Nachthimmel weichen muss. Das strahlen des Mondes über dem Meer erzeugt eine ganz eigene Magie. Es werden zwei verlockende Menüs angeboten, ein 3-Gänge-Sparkling-Set-Menü oder ein 5-Gänge-Champagner-Set-Menü mit jeweils zwei verschiedenen, aber ebenso verlockenden Menüs. Zu den Highlights des Sparkling-Menüs gehören ein Thunfisch-Soja-Sesam-Ceviche, saftiges Wagyu-Striploin mit Brunnenkresse, Sesam-Dressing, Pave-Kartoffel-Rosmarin-Öl und ein göttliches Dessert aus Mille-Feuille, geschichtet mit Erdbeeren und Vanillecreme. Im Champagner-Menü können die Gäste Jakobsmuschel-Ceviche mit Blumenkohl-Cous-Cous und Zitronen-Basilikum genießen, einen sensationellen, geschmorten Lachs, begleitet von Kartoffel Mousseline und Avruga-Perlen, einer reizvollen Hummer-Linguine, die mit Hummeröl, Knoblauch, Konbu, Schnittlauch und einem Sublim serviert wird. Als Desert wird ein Vanille Panna Cotta kreativ mit kandierten Tomaten und Zitronen-Basilikum-Eis serviert.

Dieser wundervolle Abend der Romantik kann mit einer Escape to Romance Spa-Behandlung im The Ritz-Carlton, Spa Bali für einen ganz besonderen romantischen Abend kombiniert werden.

Das The Ritz-Carlton, Bali mit seinen luxuriösen, modernen Suiten, den besten Villen auf Bali, der hervorragenden Einrichtung und dem vorbildlichen Service des engagierten Teams der Damen und Herren bietet zahlreiche Möglichkeiten für romantische Momente. Das Hotel ist der ideale Ort für Hochzeiten, Flitterwochen und Verlobungen .

Für weitere Informationen zum romantischen Abendessen am Indischen Ozean oder zur Buchung wenden Sie sich bitte an rc.dpssw.restaurant.reservation@ritzcarlton.com.
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Über das The Ritz-Carlton, Bali.
In elegant tropischem Ambiente begrüßt das The Ritz-Carlton, Bali mit atemberaubender Kulisse der Felsklippen und des weißen Sandstrandes seine Gäste. Ob Familien- oder Businessaufenthalt, der beruhigende Blick auf das azurblaue Wasser des indischen Ozeans lässt alle Gäste des Resorts in den 279 geräumig und üppig gestalteten Suiten und 34 der besten Villen in luxuriösem zeitgenössischen balinesischen Ambiente entspannen. Entlang des Meeresufers liegt der The Ritz-Carlton Club®, sowie sechs moderne Speiselokale, ein exotisch und maritim inspirierter Wellnessbereich und viel Spiel und Spaß im Ritz Kids Club für Kinder jeden Alters. Die direkt am Strand gelegene glamouröse Kapelle ist der perfekte Ort für wunderschöne Eheschließung und eine große Gartenanlage bietet Platz für private Feierlichkeiten und Hochzeiten auf Bali. Voll ausgestattete Konferenzräumlichkeiten, luxuriöse Tagungs-Venues und individuelle Pauschalangebote, von unseren erfahrenen Event-Planern zusammengestellt, lassen Events zu kreativ inspirierten Veranstaltungen auf Bali werden. Sei es eine Konferenz, Urlaub oder Flitterwochen, das The Ritz-Carlton, Bali ist der perfekte Ort, um Ihren Aufenthalt unvergesslich zu machen. Folgen Sie uns auf Facebook, Instagram, Twitter, YouTube, LinkedIn, Google+, WeChat.

Prhativi Dyah
The Ritz-Carlton, Bali
+62 361 848988
email us here
Visit us on social media:
Facebook
Twitter
Google+
LinkedIn

Die beste Bali Luxusvilla


Source: EIN Presswire

Mogul Investment Group: If you need to sell your house in Tulsa, we buy houses in Tulsa

We buy houses Tulsa; Sell my house fast Tulsa

Based in Tulsa, Oklahoma, Mogul Investment Group pays cash for houses in all surrounding areas of Tulsa. Their motto is: we buy houses Tulsa.

TULSA, OKLAHOMA, UNITED STATES, December 29, 2018 /EINPresswire.com/ — Mogul Investment Group is one of the We buy houses in Tulsa companies which is not trying to obtain a listing for selling the houses, but is focused on actively purchasing the houses that homeowners want to get rid of, using all-cash transactions in Tulsa and surrounding areas. Involvement of banks or other agents is not needed and completely avoided. The Mogul Group listens to the wishes of its clients when it comes to the scheduling of the buying out, and aspires to offer the best possible solution that protects both the interests of the seller and the firm.

The solutions that this company offers are perfect for all the to-be sellers that want to sell their property but have some kind of time-related or property-related problems. Whether a seller has an unwanted property, they’re facing a divorce, they own a vacant property, they need to move as soon as possible, they’re facing foreclosure, they own a property that needs to be fixed or renovated, they want to avoid fees, or any other possible reason- the solution is with We buy houses in Tulsa.

The process is very easy and quick. All the future sellers need to visit the webpage of the company and submit a short property information form. Within 24 hours, the seller will hear back from the company that will propose an all-cash offer which will be completely fair. The condition of the property or the timeframe in which the clients want to get rid of it are not relevant; there is а solution for everybody.

After receiving the offer, the client is the one that chooses the timeframe in which the selling will take place, and it can be as soon as seven days from the day of submitting the property information form.

The Mogul Group will help sellers out even if agents couldn’t sell the property before. As a bonus, there is no need for cleaning up or repairing anything on the property, no wasting time on signing contracts with agents or any other paperwork that is inconclusive and just guarantees promises of selling the property in question.

Other than in Tulsa, the services of the Mogul Group are available in Bartlesville, Bixby, Broken Arrow, Claremore, Jenks, Oklahoma City, Owasso, and Sand Springs.

“We have no hidden fees, closing costs, appraisals or banks approving or denying a loan. This is one of the reasons why we have been so successful in our business of purchasing houses in Tulsa and the entire Tulsa Metro area. We purchase houses, multi-family properties, lands and some commercial properties. We make a fair cash offer on the property, regardless of its condition” explained Adam Johnson from We buy houses Tulsa.

Contact Info:

Adam Johnson
Mogul Investment Group
+1 918-268-9515
email us here
Visit us on social media:
Facebook


Source: EIN Presswire

Huobi Group To Launch The First EOS Exchange

Huobi Launches First EOS Exchange

Huobi Group To Launch The First EOS Exchange

SINGAPORE, SINGAPORE, December 29, 2018 /EINPresswire.com/ — Huobi Pool, Huobi Group’s cryptocurrency mining arm, will launch the company’s first exchange in Q1 of 2019. The exchange will be dedicated to EOS (EOS). Through its Distributed Proof of Stake (DPoS) consensus method, EOS enables individuals and groups around the world to collaborate and share in the decision-making process.

“As an EOS super node, Huobi Pool has placed its ecological development high on its list of priorities,” said Cao Fei, Huobi Pool’s CEO. “Launching this EOS exchange is simply the next logical step in our
support.”

The new exchange will allow users to trade EOS against a number of other cryptocurrencies. Huobi Pool has been working closely with the EOS community since the business’s launch earlier this year. Among other activities in 2018, it collaborated with other block producers to build an EOS test chain, the Crypto Kylin Testnet, where EOS-based projects can be tested. Huobi Pool also developed a voting platform for EOS holders and set up an EOS community to make holders more aware of node elections.

Huobi Pool also produced "EOS 20 Questions", a series of popular science animation videos to popularize the related knowledge to users.

Jiayi Li
Huobi Group
+65 92295769
email us here


Source: EIN Presswire

Intermountain Foundation Holiday Events Raise More Than $3.9 Million

Foundation sustains Intermountain Healthcare’s not-for-profit mission

SALT LAKE CITY, UTAH, USA, December 28, 2018 /EINPresswire.com/ — Thousands of donors responded with generosity at Intermountain Foundation holiday fundraisers, raising more than $3.9 million for causes statewide ranging from mental health and suicide prevention, to cardiovascular services, cancer services, and medical care for children. Some highlights:

• More than 100,000 holiday revelers flocked to the 48th annual Festival of Trees, which raised nearly $2.8 million for pediatric patients in need at Intermountain Primary Children’s Hospital.

• Nearly $1 million was raised at this year’s Jubilee of Trees in St. George, Utah, where more than 14,000 donors pitched in to advance cardiovascular services at Intermountain Dixie Regional Medical Center.

• Hosted by the Intermountain Foundation at Intermountain Bear River Hospital in Tremonton, Utah, the 9th annual Jubilee of Trees raised $108,000 for local mental health and suicide prevention programs.

• More than 1,000 attendees enjoyed the Jaynie Nye Memorial Holiday Concert featuring Lexi Walker, Vocal Point, and the American Heritage Lyceum Philharmonic, raising funds for Cancer Services at Intermountain McKay-Dee Hospital in Ogden, Utah.

About Intermountain Foundation

Through the generosity of donors, Intermountain Foundation sustains Intermountain Healthcare’s not-for-profit system comprised of 23 hospitals, 170 clinics, and other health services. Helping People Live the Healthiest Lives Possible®, Intermountain is widely recognized as a leader in transforming healthcare through high quality and sustainable costs. For more information, visit intermountainfoundation.org.

Daron Cowley
Intermountain Healthcare
801-442-2834
email us here


Source: EIN Presswire

Spreading Infrastructure Costs Reduces Homeownership Burden

Streets, water lines, engineering fees, impact fees, permits– these are all part of multi-million dollar costs necessary to develop the modern subdivision.

AUSTIN, TEXAS, UNITED STATES, December 28, 2018 /EINPresswire.com/ — Streets, fresh and wastewater lines, lift stations, engineering fees, impact fees, permits– these are all part of the multi-million dollar costs necessary to develop the modern subdivision.

Traditionally, a developer divides development costs by the number of lots, and the result is passed on to the first buyer. Modernly, some developers elect to impose a 1% Capital Recovery Fee, and, in consequence, lower the sales price.

For buyers who prefer to pay 100% of development costs up front, and to finance those costs and then pass them along to the next buyer, numerous alternatives exist. For those that do not want to pay for infrastructure up front or through yearly assessments, capital recovery fees provide a reasonable alternative.

In addition to fairly apportioning costs across future owners, a portion of every Capital Recovery Fee is earmarked for non-profits operating within the community. This helps to build strong communities, and provides a private solution to a public issue. In fact, as of 2018 an estimated $15 million in transfer fee payments has been reportedly paid out to non-profits, and the number is predicted to rise dramatically. Many home buyers may prefer a home with a Capital Recovery Fee, not only because of the lower price of entry into the home itself, and the lower monthly payment, but because they appreciate the fact that they are supporting their community.

John Martinson
Freehold Capital Partners
+1 713-252-7561
email us here


Source: EIN Presswire

Capital Recovery Fees are a Normal Part of Real Estate Closings

Real estate closings for an estimated eleven million properties nationwide involve some type of “transfer fee”.

“As an Instrument filed in public records, a Capital Recovery Fee covenant should appear on a properly prepared title commitment, just like other covenants, restrictions and similar encumbrances.” ”

— Covenant Clearinghouse

AUSTIN, TEXAS, UNITED STATES, December 28, 2018 /EINPresswire.com/ — Real estate closings for an estimated eleven million properties nationwide involve some type of “transfer fee”. See https://en.wikipedia.org/wiki/Private_transfer_fee at fn 6.

There are three types of transfer fees: (1) government fees (generally referred to as “flip taxes”); (2) transfer fees payable to a homeowner’s association (generally referred to as “HOA Fees”) and (3) capital recovery fees (sometimes called private transfer fees), first popularized by Freehold Capital Partners http://www.freeholdcapitalpartners.com over a decade ago, and used by real estate developers to pay for public benefits such as parks, streets and utilities.

According to Covenant Clearinghouse, http://www.covenantclearinghouse.com, the servicing agent for an estimated 350,000 planned and existing homes, retail projects, and office buildings nationwide that are subject to Capital Recovery Fees originated by Freehold Capital Partners, “[a]s an Instrument filed in the public records, a [Capital Recovery Fee covenant] should appear on a properly prepared title commitment, just like other covenants, restrictions and similar encumbrances.” See http://www.covenantclearinghouse.com/faq at 3.

As a routine part of every real estate closing the closing agent (usually a title company) obtains a title commitment that lists every lien and similar encumbrance on the real estate parcel being sold. These encumbrances include mortgages, easements, judgments, tax liens and similar encumbrances, including Capital Recovery Fees and similar assessments. As such, sums due under these various instruments are collected at closing. In the case of a Capital recovery Fee, the title company collects the fee from the seller and remits the fee to the servicing agent. (See http://www.covenantclearinghouse.com)

Collection of fees and payoffs due in connection with a transfer of title is a routine part of every real estate closing, and a decade of closings shows that a Capital Recovery Fee is no exception.

More information:
1. Capital recovery fees relieve burden on cities; reduce homeownership costs (Feb. 17, 2017).
https://www.prnewswire.com/news-releases/capital-recovery-fees-relieve-burden-on-cities-reduce-homeownership-costs-300409752.html
2. Private Transfer Fee Covenants Give Buyers a Choice About How To Pay for Rising Infrastructure Costs. http://markets.financialcontent.com/stocks/news/read?GUID=12166293
2. Wikipedia: https://en.wikipedia.org/wiki/Private_transfer_fee
3. Covenant Clearinghouse. http://www.covenantclearinghouse.com

Source: Freehold Capital Partners http://www.freeholdcapitalpartners.com

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Megan Lee media@freeholdcapitalpartners.com (T:212.755.0070)

John R Martinson
Freehold Capital Partners
+1 7132527561
email us here


Source: EIN Presswire

Lee Bressler points out distinctions between AI and automation

Lee Bressler

Financial services industry professional Lee Bressler addresses the importance of distinguishing between artificial intelligence and process automation.

NEW YORK , NEW YORK, USA, December 28, 2018 /EINPresswire.com/ — With machine learning and AI two incredibly hot topics throughout 2018 and going into 2019, Lee Bressler looks at the key differences between groundbreaking artificial intelligence and more straightforward process automation as he debunks a number of myths surrounding the technology.

"There has been much talk about the ways in which artificial intelligence could replace current workers in the not-too-distant future," says Bressler, an equity fund portfolio manager based in New York City.

Indeed, according to researchers at the University of Oxford, a collegiate research university in Oxford, England, as many as 47 percent of jobs in the United States could be at risk of replacement by artificial intelligence, robots, and other forms of automated technology by 2040.

According to Bressler, however, the threat may not be as real or as significant as it seems. "There's something of a misconception that artificial intelligence and associated technologies will lead to huge company layoffs and massive spikes in unemployment," he explains.

"While there is little doubt,"Lee Bressler continues, "that these technologies will ultimately replace certain job roles and tasks, the panic surrounding artificial intelligence is largely unnecessary."

First and foremost, people must take into consideration the difference between artificial intelligence and more straightforward task automation, says Bressler. "There needs to be more clarity between what constitutes artificial intelligence and what simply amounts to automation," he explains, "whereby which automation employs technology solely to tackle low level, often highly repetitive tasks, which may or may not currently be handled by human workers."

Artificial intelligence, on the other hand, according to Lee Bressler, is much smarter. "Artificial intelligence works to pull together new insights, identify patterns, predict behaviors, and enhance customer experiences, among other things," he explains, "but still relies heavily on data engineers and data scientists to maintain and refine the necessary algorithms."

He continues, "While artificially intelligent solutions are capable of handling vast amounts of data more accurately and more efficiently than a human counterpart, as well as tackling many other tasks, they will always need intervention from humans."

Accordingly, Lee Bressler says that while automation will undoubtedly replace certain roles, increased efficacy of processes as a result will open up new roles, and create demand for those skilled and in a position to oversee such matters.

"Ultimately," he adds, wrapping up, "the true role of artificial intelligence right now, and in the immediate future, is to augment human capabilities and intelligence, and not simply to replace the

Chris Hinman
Web Presence, LLC
+1 757-880-3579
email us here


Source: EIN Presswire