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Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%, according to Royal LePage | Nachricht

Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019

  • Delayed spring market extends through Q3 as pent up demand fuels prices and sales
  • 97% of regions surveyed post price appreciation in third quarter despite economic shock of COVID-19
  • Ontario and Quebec real estate markets dominate list of highest appreciating regions, with Windsor in the top spot at 17.0%

TORONTO, Oct. 14, 2020 /CNW/ – According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate1 price of a home in Canada increased 8.6 per cent year-over-year to $692,964 in the third quarter, as high demand and low inventory continued to fuel a seller’s market.

The Royal LePage National House Price Composite is compiled from proprietary property data in 64 of the nation’s largest real estate markets. When broken out by housing type, the median price of a standard two-storey home rose 10.0 per cent year-over-year to $819,906, while the median price of a bungalow increased 7.0 per cent to $570,701. The median price of a condominium increased 5.3 per cent year-over-year to $510,365. Price data, which includes both resale and new build, is provided by Royal LePage’s sister company RPS Real Property Solutions, a leading Canadian real estate valuation company.

“Typical consumption patterns have been disrupted in 2020 as the pandemic has driven the household savings rate to levels not seen in decades,” said Phil Soper, president and CEO of Royal LePage. “Most Canadians have sharply reduced spending on discretionary goods and services involving a great deal of human interaction, and with mortgage rates at record lows, many have refocused on housing investments, be it renovations to accommodate work-from-home needs, a recreational property or a new

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LBC Credit Partners Supports the Investment In Rogers Mechanical Contractors, Inc. | Nachricht

RADNOR, Pa., Oct. 13, 2020 /PRNewswire/ –LBC Credit Partners (“LBC”), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit facility to support the investment in Rogers Mechanical Contractors, Inc. by Craft Work Capital Partners, LLC, a specialized joint venture backed by Aterian Investment Partners.

(PRNewsfoto/LBC Credit Partners)

LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.

Founded in 1962 and based in Villa Rica, Georgia, Rogers is a leading national provider of HVAC/mechanical and plumbing contracting services to the distribution center market. Rogers provides retrofit and new construction contracting services, in-house design, engineering and drafting expertise, and for industry-leading e-commerce and logistics customers nationwide.

Craft Work is a specialized joint venture between Aterian and a long-standing family office relationship, established to make strategic investments in mechanical, electrical and other related specialty contractors. The Craft Work team is led by veteran strategic partners who have spent decades in the specialty contractor industry.

Aterian is an operationally focused middle market private equity firm that provides resources to companies to further enhance growth, operations and investment initiatives. The firm invests in businesses generating $25 million to $500 million of annual revenue with strong, proven franchises. After making an investment, Aterian, in partnership with management, seeks to focus on the critical growth, operational and liquidity initiatives of a business in an effort to drive value creation for all stakeholders.

About LBC Credit Partners

LBC Credit Partners provides middle market and small-cap financing solutions supporting sponsored and non-sponsored transactions throughout the U.S. across a broad range of industries. With over $3 billion of capital commitments, we have provided in excess of $7 billion to over 246 issuers throughout our 16-year history. *  LBC is headquartered in the Philadelphia area and has offices in

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Cape Cod-Based Interior Design Firm Wins Four Top Awards | Nachricht

CAPE COD, Mass., Oct. 12, 2020 /PRNewswire/ –Casabella Interiors was recently honored with four design awards from three different organizations. Luxe Interiors Magazine awarded Casabella the “Best of the Rest, Landscape Design/Outdoor Rooms” award for 2020. The Eastern Massachusetts Chapter of the National Association of the Remodeling Industry (EM NARI) awarded Casabella the 2020 EM NARI Contractor of the Year (CotY) Gold Award for Residential Exterior, and America’s Property Awards selected Casabella for both Bathroom Design and Residential Interior Private Residence Design awards.

These awards reflect Founder and Principal Designer, Michele Holbrook’s continuous pursuit of design excellence for her clients. Says Holbrook, “”Our top priority is to provide an ultra-premium design experience for our clients. Each client’s interior reflects a completely distinctive approach – no two homes are alike. I am always thrilled to see the efforts of me and my team be professionally recognized.”   

The LUXE Interiors Magazine RED Award honors excellence, innovation and the best residential architecture, interior design and landscape architecture projects across the country. Casabella’s winning entry features extraordinary work on an outdoor living space in Dennis, Massachusetts complete with custom-designed poolside sectionals precisely placed for best ocean views, a stone fireplace, and state-of-the art outdoor kitchen.

For the CotY Award there were 80 projects submitted across eighteen categories. A panel of eleven independent reviewers judged the project entries in a blind evaluation. Casabella’s outdoor space took top honors for the combined mixture of poolside relaxation and luxury.

A stunning, fully reimagined bathroom overlooking the ocean took the top prize with America’s Property Awards as did Casabella’s captivating residential interior featuring a fetching queen size rope bed, custom kitchen cabinetry, and bespoke furnishings to lend the home a chic seaside feel.

About Casabella Interiors

Casabella Interiors is a nationally recognized design firm

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ImmunoPrecise Antibodies CEO Dr. Jennifer Bath Appeared Live, Sunday October 4th, on Fox & Friends | Nachricht

VICTORIA, BC, Oct. 05, 2020 /CNW/ -IMMUNOPRECISE ANTIBODIES LTD. (the “Company” or “IPA”) (TSXV: IPA) (OTCQB: IPATF) (FSE: TQB2), a leader in full-service, therapeutic antibody discovery and development, today announced that Dr. Jennifer Bath, CEO of IPA, was invited Sunday morning, October 4th, as a guest on Fox & Friends with Anchor Jedediah Bila at 7:15a.m. ET.

ImmunoPrecise Antibodies Ltd. Logo (CNW Group/ImmunoPrecise Antibodies Ltd.)

Dr. Bath explained the unique functions of cocktail therapies as they pertain to SARS-CoV-2, including the antibody treatment administered to President Trump.   She also expanded on the importance of the initial design for such strategies and how early steps can be taken to support the safety and efficacy of treatments, but that these tests take time.

IPA launched their Polytope™ Therapy Cocktail, which they believe to be the most promising approach to address a virus like SARS-CoV-2, as it also aims to protect and treat both current and future strains and variants of SARS.

To view Dr. Bath’s interview on Fox & Friends please click here.

About ImmunoPrecise Antibodies Ltd.
ImmunoPrecise is a global technology platform company with end-to-end solutions empowering companies to discover and develop therapies against any disease. The Company’s experience and cutting-edge technologies enable unparalleled support of its partners in their quest to bring innovative treatments to the clinic. ImmunoPrecise’s full-service capabilities dramatically reduce the time required for, and the inherent risk associated with, conventional multi-vendor product development. For further information, visit www.immunoprecise.com or contact [email protected]

Forward Looking Information
This news release contains statements that, to the extent they are not recitations of historical fact, may constitute “forward-looking statements” within the meaning of applicable Canadian securities laws. The Company uses words such as “may”, “would”, “could”, “will”, “likely”, “expect”, “believe”, “intend”, “should” and similar expressions to identify forward-looking statements and include the Company’s beliefs

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