Fishport Austin Fri, 19 Aug 2022 04:24:30 +0000 en-US hourly 1 Fishport Austin 32 32 Taiwan farmers find space for solar power to meet renewable energy targets Fri, 19 Aug 2022 01:08:00 +0000

TAOYUAN, Taiwan, Aug 19 (Reuters) – In a row of greenhouses about 50 km (30 miles) from Taiwan’s capital Taipei, vanilla producer Tseng Tien-fu is installing dozens of solar panels, as part of the plan of the island to meet its renewable energy needs. goals without sacrificing scarce agricultural land.

Tseng, who exports most of his crop to Japan, is expanding his business to meet demand elsewhere and government payments for solar power will reduce any risk to his livelihood while he waits for slow-maturing plants. Are growing.

The use of “distributed” solar power – panels installed on walls and roofs – has become increasingly popular in areas where land is scarce. Taiwan provides generous subsidies for rooftop panels, and the government is also forced to buy the excess electricity they produce, providing Tseng’s greenhouses with a vital new revenue opportunity.

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“It takes a long time to grow vanilla before there are crops, but we can sell (electricity) from solar panels to the government for 20 years once they are installed and earn income from it” , did he declare.

“So especially for plants like vanilla that take three years to harvest, I think (solar panels) are a really good combination.”

Tseng’s switch to solar is part of a broader attempt to solve one of the biggest challenges Taiwan faces as it strives to meet its renewable energy goals.

Farmland makes up about a fifth of the densely populated island’s total land area, and there is little room for sprawling wind and solar farms, which take up far more space than conventional power sources.

Land scarcity is one of the biggest obstacles to the development of renewable energy, which would require about 10 times more land per unit of energy than conventional energy sources.

As they attempt to decarbonize their energy systems, governments around the world are trying to find a way to minimize disruption, avoid conflict with farmers, and prevent further agricultural and biodiversity loss.

In the United States, dozens of wind and solar projects have been stalled due to concerns over farmland occupation, and developers in China – the world’s largest renewable energy market – are now encouraged to exploit the mines. exhausted, mountain slopes and deserts.

Taiwan has missed its interim solar capacity target of 11.25 GW this year and has little room for maneuver as it tries to increase solar capacity to 20 GW by 2025.

“There are not many large-scale (solar) installations: Taiwan has no desert, and land use in Taiwan is very intensive,” said Juang Lao-Dar, director of planning at the Taiwan Yuan Agriculture Executive Council.

“So when you develop green energy, from the country’s point of view, you have to look at solar panels which have a lower impact on production, and it’s the same for the agricultural sector.”

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Reporting by Ann Wang; written by David Stanway; edited by Richard Pullin

Our standards: The Thomson Reuters Trust Principles.

Here’s what $1,500 in rent will get you in Chicago Wed, 17 Aug 2022 19:48:00 +0000

No matter what “expensive” means to you, spending $1,500 a month on rent the windy town can take you to a variety of spaces depending on your location preference. According Chicago Agent Magazinethe area available for the price will depend on the section of the city in which you choose to rent. For example, renting downtown will be more expensive per square foot than renting space a few miles out of town.

According renthop, the average downtown Chicago studio rents for about $1,575. Depending on the location, the size can range from 540 square feet to over 1,000 square feet if you’re willing to move closer to the suburbs. Rarely do rental spaces in town offer more than 500 square feet for less than $1,500 per month. Chicago Agent Magazine mentioned that renting a studio city ​​center which includes 540 square feet costs the same as renting a space in west chicago which encompasses 1059 square feet.

A one bedroom apartment in downtown Chicago is more expensive than a studio. The average one-bedroom space costs renters between $1,750 and $2,575 per month, again depending on what part of town it is in. A two-bedroom space costs almost $2,500 per month and in some areas can exceed the $3,000 range. However, a two-bedroom rental space in Albany Park or Irving Park costs around $1,500 and has the same amount of space as the downtown rental of $2,500 per month.

The 3 best alternatives to personal loans, according to Dave Ramsey Wed, 17 Aug 2022 10:00:31 +0000

Image source: Getty Images

Will any of them work for you?

Key points

  • Dave Ramsey doesn’t think taking out a personal loan is a good idea.
  • He says this kind of borrowing is “absolutely not” worth it.
  • He suggested a few alternatives, including setting a budget.

Personal loans can come from banks, credit unions, and online lenders. They usually have a fixed repayment schedule and may have a more affordable interest rate than credit cards.

But despite the fact that they can be an affordable type of debt, financial expert Dave Ramsey says it’s “absolutely not” worth taking out a personal loan because of the “stress and financial burden” it entails. type of borrowing can cause.

So what does Ramsey offer as an alternative? Here are three options he says are better than a personal loan.

1. Living on a budget

Ramsey says budgeting is your best bet if you’re relying on personal loans to pay for day-to-day expenses like food and paying bills. “A budget helps you take control of your money by telling your money where to go before you spend it,” Ramsey says.

But while that may be true, the reality is that most people don’t take out personal loans to pay for their day-to-day expenses because it’s not really convenient. Applying for a personal loan can take time, most lenders require you to borrow a minimum of a few thousand dollars, and loans are repaid over several years. And you don’t have access to more money when you start paying them back.

Since people generally don’t plan on having an insufficient budget, applying for a loan of several thousand dollars, and then distributing the money over time to pay expenses, those who need to borrow for their daily expenses would be more likely to use a credit card instead. And since a card can cost more, they’d probably be better off taking out a personal loan if they needed that kind of help.

Living on a budget is definitely a better bet than borrowing to fund your lifestyle — so if that’s something you’re considering, you should heed Ramsey’s suggestion and plan how to spend within your means instead.

2. Save for big purchases

For those borrowing to finance things they can’t afford to pay all at once, Ramsey has another alternative.

“Instead of jumping on the personal loan bandwagon every time you want something, how about taking the time to save for it?” the Ramsey Solutions blog reads.

This advice is definitely good to follow as much as possible. If you borrow to buy things – even with a personal loan that can be relatively affordable – then you’re going to make all your purchases more expensive and it’ll be harder to live within your means later on. You want to avoid this whenever you can.

Of course, sometimes a surprise purchase comes up that you to have to Manufacture. If so, sometimes a personal loan can be a cheaper way to finance it than a credit card. So you’ll want to explore both options to see which one makes sense in this situation.

3. Take a debt repayment plan seriously

Finally, Ramsey suggests taking debt repayment seriously rather than using a personal loan to consolidate and refinance debt. Her favorite debt repayment plan includes saving a $1,000 emergency fund first so you don’t have to borrow once you start paying off your debt. Next, he advises to pay off your loan with the lowest balance first so that you can get quick gains.

While this plan might make sense to many people, it’s not necessarily a bad thing to use a personal loan with a lower interest rate to pay off as much of your low-interest credit card debt as possible. interest or your payday loan debt. A personal loan can lower your interest costs, and it comes with a set repayment schedule so you know when you’ll be debt-free.

So while Ramsey’s alternatives to a personal loan may sometimes make sense, the reality is that a personal loan may be your best option in certain circumstances. Be sure to weigh Ramey’s advice carefully and decide if it really makes sense for you to avoid personal loans as he suggests or if this type of borrowing could help you in the long run.

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BWE closes $86 million loan deals for retail space and multi-family communities in New Jersey and Pennsylvania Wed, 17 Aug 2022 01:24:16 +0000

Bellwether Enterprise Real Estate Capital LLC (BWE), a national commercial and multifamily mortgage company, today announced the closing of three loans totaling $86,000,000 to renovate four oceanfront commercial properties in Asbury Park, NJ, and finance apartments and townhouses in Cherry Hill, NJ, and Allentown, Pennsylvania.

Mark Remington, senior vice president of BWE’s Washington, DC office, originated the Asbury Park loan, Mike Powell, senior vice president of the New York office, and Kevin Hicks, senior vice president of Philadelphia office, originated the Cherry Hill loan and Steve Perricone, senior vice president of the Philadelphia office, originated the Allentown loan.

“These transactions are emblematic of BWE’s continued commitment to supporting vibrant communities by funding high quality commercial and residential communities,” said DJ Effler, President of BWE. “Our teams are excited to work with our partners to renovate and develop waterfront lodges and housing in New Jersey and Pennsylvania, and we look forward to continuing to be part of a thriving downtown market. Atlantic.”

The offers are:

· Asbury Park Boardwalk (Asbury Park, NJ), a loan of $26,000,000 has been issued in the name of the borrower, Madison Marquette, through OceanFirst Bank to renovate four beachfront pavilions on the iconic Asbury Park Boardwalk – the First Avenue pavilion , the Third Avenue Pavilion, the Fourth Avenue Pavilion, and the Fifth Avenue Pavilion. The First Avenue Pavilion offers 25,772 square feet of space and is home to long-time tenants such as Stella Marinia, Cubacan and Watermark. The Third Avenue Pavilion is adjacent to the new “ultra-luxury” Asbury Park Ocean Club condo and hotel and offers 16,810 square feet of space. The Fourth Avenue Pavilion is a 33,240 square foot structure to be renovated, designed as a complementary retail and entertainment space. The Fifth Avenue Pavilion is a newly renovated structure that totals 31,736 square feet of space, including 12,060 square feet of retail space, 19,237 square feet of dining space, and a 7,887 square foot terrace.

· 202 Park Apartments (Cherry Hill, NJ), a $40,000,000 loan from life insurance company on behalf of the borrower, Montgomery Group, to finance a recently completed 192-unit apartment and townhouse community in Cherry Hill, New Jersey. The property offers modern studios, one-, two-, and three-bedroom apartments, and townhouses with waterfront views of the Cooper River, as well as luxury amenities including a resort-style pool, courtyards, a roof terrace, patios with fire pits and barbecue. grills, a two-story clubhouse with billiard room, lounge and bar, fitness center and yoga studio, dog wash station and more. The property is located near exceptional shopping, transportation and entertainment including the Cherry Hill Mall, Garden State Park Marketplace, Patco – Collingswood Station and Camden County Boathouse. The building was leased at the time the financing was closed.

· Cityplace North and South (Allentown, Pennsylvania), a $20,000,000 loan from the insurance company to finance the renovation and construction of a 204-unit apartment complex and two buildings in downtown Allentown, Pennsylvania. The north building is a renovation/conversion of a hotel into apartments, which opened in early 2020. The south building is a ground construction that will be seamlessly integrated into the existing building to form a class A complex with high-end equipment. The south building was 100% pre-cleared before construction was completed.

BWE offers flexible financing solutions for clients spanning the full spectrum of commercial and multi-family real estate. For more information on BWE’s services, visit us at:

BWE is a national, full-service, multi-family commercial mortgage banking company. In partnership with Enterprise Community Partners, Inc., BWE has production offices nationwide and an integrated service platform based in Cleveland. Through our local market expertise, national lending relationships and experience in structuring financing, we offer our clients competitive and creative solutions for their financing needs. BWE provides loans to a range of institutional investors including life insurance companies, pension funds, commercial banks and CMBS lenders and is a Fannie Mae Delegated Underwriting and Servicing (DUS®), Freddie Mac Optigo™ Vendor/Repairer for Conventional and Targeted Affordable Housing Loans, Federal Housing Administration (FHA) Approved Multifamily Accelerated Processing (MAP) Lender and U.S. Department of Agriculture Section 538 Rural Development Lender States (USDA).

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Apartment conversion planned as Broadway building in Denver sells for $3 million Tue, 16 Aug 2022 12:00:27 +0000

The top two floors of the building at 1025 N. Broadway have been vacant for approximately 40 years.

But that could soon change.

The three-story, 17,688-square-foot building changed hands in late July. GM Development, led by Ben Gearhart and Charles Moore, bought the space for $3.4 million, or about $192 per square foot, according to public records.

A pawnbroker occupies the first floor of the building and has a lease that runs through 2026, Gearhart said. The upper floors, however, have been unused since the early 1980s.

The building was originally the Burte Hotel. GM plans to convert the 40 rooms on the second and third floors into 20 one-bedroom apartments and studios. Leasing will likely begin next summer, Gearhart said.

“With such a significant increase in rent growth and a high need for attainable units, we felt this project was perfectly suited for a conversion,” he said. “We are working with the National Park Service and the state to help with tax incentives to be able to offer a more accessible product.”

The National Park Service oversees the National Register of Historic Places, which Gearhart hopes to have the building listed on.

Gearhart said he plans to build on the roof so tenants can have views of the mountains and downtown.

The Burte Hotel was first designed in 1909 and built by Gustave Burte in the same year or in the early 1910s, according to an old newspaper report. The project cost $38,000.