Why Real Estate Could Be the Next Hot Investment, Even Now | AOL ...

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By Natalia Angulo

Following the lackluster August outlook for U.S. housing starts, it would be appropriate to ask why investors should consider putting their money into new home construction. U.S. housing starts rose less than expected amid a slowdown in the multifamily segment. While starts for multi-family homes dropped 11.1 percent to an annual rate of 263,000 units, single-family home starts went up 7 percent to 628,000 units, according to the Commerce Department.

The spike in permits for single-family homes suggested a strengthening of overall housing market, analysts say. David St. Pierre and Mitchell Schneider, co-founders of real estate private equity firm Legacy Capital Partners, or LCP1, would add the housing market is both stronger, but also the next hot investment to add to your portfolio. "Real estate is a great place to put your money," Schneider, who is the firm's CEO, says. "On a risk-adjusted basis, it has a relatively low risk and a relatively high yield in the spectrum of investments with an immediate return."

Launched in 2004 in Cleveland, Ohio, LCP1 focuses on middle market real estate ventures, "deploying capital nationally" through a series of "targeted strategies." Schneider and St. Pierre both come from real estate backgrounds. The idea behind LCP1 is twofold: to create an opportunity for individual investors to invest outside the exposure to swings in the stock market, and to provide a source of capital for those developing real estate throughout the country.

This pouring of capital into new projects could very well be the answer to spur on home sales. The drag in multifamily starts is likely the result of a surge in mortgage rates, which analysts suggest is in turn a response to a soon-expected tapering by the Federal Reserve of its $85 billion in monthly bond purchases. Cautious developers in smaller markets are the very opportunities LCP1 suggests investors get behind.

According to Movoto Real Estate's October market report, "The steady climb in inventory continues across the country, as prices keep pace despite increased interest rates." The report says there were 105,726 homes on the market in September, as compared to 101,086 in August, an increase of 4.6 percent. Their eye is on secondary markets, where you might not typically think to look. So the first thing they will tell you is to forget New York or Los Angeles, and instead think of places like Gainseville, Fla., and San Marcos, Texas, where they went to make their first two investments upon launching the firm.

"The margin for error in communities like New York and Los Angeles is very narrow because there's so much capital chasing after each real estate investment opportunity," Schneider explains. "When you focus on projects in areas that aren't pushing pricing to the highest level, it gives you more options."
That said, investors shouldn't get hung up on a particular city, as much as they should filter opportunities based on the project partner and project's ability to generate yield.

At LCP1, they look for operating partners who have a great understanding of their communities and market expertise because those are the investments with the greatest opportunity for profit.
"We are constantly evaluating the marketplace to identify the next best opportunity for investors to place their money," St. Pierre, president at LCP1, says. "What we're looking to do with our capital today is get our investors an 8 percent current return in addition to capital appreciation."

St. Pierre will add that because "investment strategies have a shelf life," the firm invests through a series of funds that work now. As a very general guideline, an investor should expect to be required to invest a minimum of $100,000 and up to $500,000. On a ground-up project that has a cost-upon-completion of about $27 million, the hope is that you've created an asset that is worth a 20 percent gain. Though, that is not necessarily the case for rehabilitation or retail projects, for instance.

St. Pierre says investors should come in with an understanding that it is a "case by case" basis so it is hard to give prospective investors a dollar amount upfront. To which Schneider would add that "there's a lot of liquid capital out there that needs a home."

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Source: http://realestate.aol.com/blog/2013/10/07/why-real-estate-could-be-the-next-hot-investment-even-now/
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Understanding interface properties of graphene paves way for new applications

Public release date: 5-Aug-2013
[ | E-mail | Share ]

Contact: Matt Shipman
matt_shipman@ncsu.edu
919-515-6386
North Carolina State University

Researchers from North Carolina State University and the University of Texas have revealed more about graphene's mechanical properties and demonstrated a technique to improve the stretchability of graphene developments that should help engineers and designers come up with new technologies that make use of the material.

Graphene is a promising material that is used in technologies such as transparent, flexible electrodes and nanocomposites. And while engineers think graphene holds promise for additional applications, they must first have a better understanding of its mechanical properties, including how it works with other materials.

"This research tells us how strong the interface is between graphene and a stretchable substrate," says Dr. Yong Zhu, an associate professor of mechanical and aerospace engineering at NC State and co-author of a paper on the work. "Industry can use that to design new flexible or stretchable electronics and nanocomposites. For example, it tells us how much we can deform the material before the interface between graphene and other materials fails. Our research has also demonstrated a useful approach for making graphene-based, stretchable devices by 'buckling' the graphene."

The researchers looked at how a graphene monolayer a layer of graphene only one atom thick interfaces with an elastic substrate. Specifically, they wanted to know how strong the bond is between the two materials because that tells engineers how much strain can be transferred from the substrate to the graphene, which determines how far the graphene can be stretched.

The researchers applied a monolayer of graphene to a polymer substrate, and then stretched the substrate. They used a spectroscopy technique to monitor the strain at various points in the graphene. Strain is a measure of how far a material has stretched.

Initially, the graphene stretched with substrate. However, while the substrate continued to stretch, the graphene eventually began to stretch more slowly and slide on the surface instead. Typically, the edges of the monolayer began to slide first, with the center of the monolayer stretching further than the edges.

"This tells us a lot about the interface properties of the graphene and substrate," Zhu says. "For the substrate used in this study, polyethylene terephthalate, the edges of the graphene monolayer began sliding after being stretched 0.3 percent of its initial length. But the center continued stretching until the monolayer had been stretched by 1.2 to 1.6 percent."

The researchers also found that the graphene monolayer buckled when the elastic substrate was returned to its original length. This created ridges in the graphene that made it more stretchable because the material could stretch out and back, like the bellows of an accordion. The technique for creating the buckled material is similar to one developed by Zhu's lab for creating elastic conductors out of carbon nanotubes.

###

The paper, "Interfacial Sliding and Buckling of Monolayer Graphene on a Stretchable Substrate," was published online Aug. 1 in Advanced Functional Materials. Lead author of the paper is Dr. Tao Jiang, a postdoctoral researcher at NC State. The paper was co-authored by Dr. Rui Huang of the University of Texas. The research was funded by the National Science Foundation (NSF) and the NSF's ASSIST Engineering Research Center at NC State.

---

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?

AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Public release date: 5-Aug-2013
[ | E-mail | Share ]

Contact: Matt Shipman
matt_shipman@ncsu.edu
919-515-6386
North Carolina State University

Researchers from North Carolina State University and the University of Texas have revealed more about graphene's mechanical properties and demonstrated a technique to improve the stretchability of graphene developments that should help engineers and designers come up with new technologies that make use of the material.

Graphene is a promising material that is used in technologies such as transparent, flexible electrodes and nanocomposites. And while engineers think graphene holds promise for additional applications, they must first have a better understanding of its mechanical properties, including how it works with other materials.

"This research tells us how strong the interface is between graphene and a stretchable substrate," says Dr. Yong Zhu, an associate professor of mechanical and aerospace engineering at NC State and co-author of a paper on the work. "Industry can use that to design new flexible or stretchable electronics and nanocomposites. For example, it tells us how much we can deform the material before the interface between graphene and other materials fails. Our research has also demonstrated a useful approach for making graphene-based, stretchable devices by 'buckling' the graphene."

The researchers looked at how a graphene monolayer a layer of graphene only one atom thick interfaces with an elastic substrate. Specifically, they wanted to know how strong the bond is between the two materials because that tells engineers how much strain can be transferred from the substrate to the graphene, which determines how far the graphene can be stretched.

The researchers applied a monolayer of graphene to a polymer substrate, and then stretched the substrate. They used a spectroscopy technique to monitor the strain at various points in the graphene. Strain is a measure of how far a material has stretched.

Initially, the graphene stretched with substrate. However, while the substrate continued to stretch, the graphene eventually began to stretch more slowly and slide on the surface instead. Typically, the edges of the monolayer began to slide first, with the center of the monolayer stretching further than the edges.

"This tells us a lot about the interface properties of the graphene and substrate," Zhu says. "For the substrate used in this study, polyethylene terephthalate, the edges of the graphene monolayer began sliding after being stretched 0.3 percent of its initial length. But the center continued stretching until the monolayer had been stretched by 1.2 to 1.6 percent."

The researchers also found that the graphene monolayer buckled when the elastic substrate was returned to its original length. This created ridges in the graphene that made it more stretchable because the material could stretch out and back, like the bellows of an accordion. The technique for creating the buckled material is similar to one developed by Zhu's lab for creating elastic conductors out of carbon nanotubes.

###

The paper, "Interfacial Sliding and Buckling of Monolayer Graphene on a Stretchable Substrate," was published online Aug. 1 in Advanced Functional Materials. Lead author of the paper is Dr. Tao Jiang, a postdoctoral researcher at NC State. The paper was co-authored by Dr. Rui Huang of the University of Texas. The research was funded by the National Science Foundation (NSF) and the NSF's ASSIST Engineering Research Center at NC State.

---

[ | E-mail | Share ]

?

AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.

Source: http://www.eurekalert.org/pub_releases/2013-08/ncsu-uip080513.php

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Breeding for Animal Welfare

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Source: www.thebeefsite.com --- Sunday, August 04, 2013
Chickens that do not peck each other to death, sheep with fewer maggots in their tails and double-muscled cows that can give birth naturally. Wageningen researchers are working on breeding programmes targeting Animal welfare, reports Nienke Beintema in the latest issue of Wageningen World. ...

Source: http://www.thebeefsite.com/articles/3668/breeding-for-animal-welfare

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After airport exit, what will Edward Snowden do in Russia?

A local social network has offered him a job. Meanwhile, the decision to grant him asylum is still rattling US-Russia relations.?

By Fred Weir,?Correspondent / August 1, 2013

Russian lawyer Anatoly Kucherena shows a temporary document to allow Edward Snowden, his client, to cross the border into Russia. Mr. Snowden has left the Moscow airport where he has been stranded for weeks and entered Russia on a one-year grant of asylum.

Russia24/AP

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Former National Security Agency contractor Edward Snowden has been granted a year's political asylum in Russia. He has left Sheremetyevo airport and will remain in an "undisclosed location" for at least a day, according his lawyer Anatoly Kucherena.

Skip to next paragraph Fred Weir

Correspondent

Fred Weir has been the Monitor's Moscow correspondent, covering Russia and the former Soviet Union, since 1998.?

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Russian news agencies showed pictures of someone who might have been Mr. Snowden climbing into a car at Sheremetyevo airport?Thursday afternoon, though no Western reporters witnessed any part of his passage through passport control and departure from the airport ? where he has spend almost 7 weeks apparently cooped up in a "capsule hotel"?in the legal limbo of the vast transit zone.

On Snowden's immediate agenda is a phone call from his father, which Mr. Kucherena said would be set up today, and some rather heavy contemplation about his future. Kucherena told journalists that the passport-like temporary asylum document he's been issued will enable him to travel freely around Russia, rent accommodation, and even find a job.?

And he even has a job offer to think about already. The Russian-language social network VKontakte, which is similar to Facebook, announced?Thursday?that he could come and work with them ? presumably to help shield the network from NSA snooping.

"We invite Edward to St. Petersburg [where VKontakte is based] and will be delighted if he decides to complete VKontakte's star team of programmers," the organization's founder, Pavel Durov, wrote on his VKontakte page.

Snowden "might be interested in working on protecting the personal data of millions of our users.... Today, Edward Snowden, a person who exposed the crimes of the American special services against citizens of the entire world, has received temporary asylum in Russia. At such moments, you feel pride for our country and sorrow over the course of the USA, a country betraying the principles on which it was built," Mr. Durov added.

He also has an outstanding invitation from the Federation Council, Russia's upper house of parliament, to come and testify about how the spying programs he revealed might impact Russian users of big Internet companies like Yahoo, Google, Microsoft, Apple, and Facebook.

WikiLeaks, the anti-secrecy organization that's been sponsoring Snowden's flight, posted a lengthy statement?thanking Russia and trumpeting what it called a "victory in the fight against Obama?s war on whistleblowers. This battle has been won, but the war continues."

It also praised Sarah Harrison, the WikiLeaks official who accompanied Snowden on his?June 23?flight from Hong Kong and has remained with him through the 39 days of his stay in Sheremetyevo.?

"Ms. Harrison has remained with Mr. Snowden at all times to protect his safety and security, including during his exit from Hong Kong. They departed from the airport together in a taxi and are headed to a secure, confidential place," it said.

In Washington, news of Snowden's asylum grant in Russia was greeted with dismay.

"We see this as an unfortunate development and we are extremely disappointed by it," White House spokesman Jay Carney told journalists. He suggested that President Obama's plans to meet with President Vladimir Putin before a G20 summit in St. Petersburg that's barely a month off might be in jeopardy.? "We are evaluating the utility of the summit in light of this," news agencies quoted him as saying.

"We made clear both privately and publicly that there was ample legal justification for his expulsion from Russia and return to the United States, that's a discussion we've had with Russia as well as with other countries that might have been considering providing asylum to Mr. Snowden," Mr. Carney added.?

Several United States Senators have also warned that the Snowden case could do irreparable harm to the already-frayed relationship between the US and Russia.

However, Mr. Putin's close aide and reputed foreign policy architect Yury Ushakov told journalists he does not expect any serious fallout from the decision.

"This issue is not important enough to affect political relations," the official RIA-Novosti agency quoted Mr. Ushakov as saying.

Alexei Arbatov, a leading Russian foreign policy expert, says he believes the international ill-will surrounding the Snowden case will blow over.

"The Snowden issue might have domestic complications in the US, meaning that opposition will attack Obama [for mishandling the affair]. But on the international level it's just not sufficient reason to make the US and Russia quarrel seriously. I do not believe that the important economic and political issues on the US-Russia bilateral agenda will suffer because of the very questionable actions of this young man," he says.

Kucherena, the lawyer, told journalists that his client needed at least a day to clear his head, but might be available to talk to media as early as?Friday.

"Of course, he will come. He is aware that mass media is interested in him. But in this case, the situation is such for now," he said, apparently meaning that his client would not be speaking not anytime soon.

He also contradicted reports that Snowden might have shared some of the secrets he reputedly holds in the four laptop computers he carries with him everywhere.

"I can absolutely say that he did definitely not pass on any documents to anybody here at the Sheremetyevo airport. That is, the documents that were published yesterday are documents that he handed over [to The Guardian] while still in Hong Kong," Kucherena said on Rossiya 24 news television channel.

He was referring to a sweeping expos? published Wednesday in the Guardian,?based on documents provided by Snowden about an NSA tool known as XKeyscore,?which allegedly enables the agency to scoop up "nearly everything a user does on the Internet." ? ? ??

Snowden has "given his word and promised to stop the whistleblowing activity aimed at United States" and can be trusted to keep it, Kucherena said.

Kucherena, who has been Snowden's main spokesman during the long stay in Sheremetyevo, told journalists his client would undergo a period of "acclimatization," including studying Russian language, law, customs, and literature. The lawyer also said he would remain involved with Snowden in an advisory capacity.

"[Snowden] is the most wanted person on earth and his security will be a priority," Kucherena said. "He will deal with personal security issues and lodging himself. I will just consult him as his lawyer."

Experts say it's likely that Snowden will be kept under tough restraints by Russia's FSB security service in pursuance of President Vladimir Putin's oft-repeated pledge that he will not be allowed to harm US interests while he remains in Russia. That suggests that he may be as isolated from journalists in his new location as he was during the nearly seven weeks he spent hiding out in Sheremetyevo's transit zone.

His release comes just a day after his father appeared for the first time on Russian TV to thank Mr. Putin "for keeping my son safe" and to hope that Russia will take him in and accept him until such time as he can find safe haven somewhere else.

It also comes on the same day a Russian public opinion poll showed that just over half of Russians regard Snowden as a "hero"?while just 17 percent were "negative" toward his actions. On the other hand, the poll found that only 43 percent supported giving him asylum in Russia, while 29 percent were against it to some degree.?

WikiLeaks quoted Snowden as heading into his new life in Russia defiant and, perhaps, just a little bit jubilant.

"Over the past eight weeks we have seen the Obama administration show no respect for international or domestic law, but in the end the law is winning. I thank the Russian Federation for granting me asylum in accordance with its laws and international obligations," Snowden is quoted as saying.

Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/9fBXkRRqpz0/After-airport-exit-what-will-Edward-Snowden-do-in-Russia

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Injuries after California power plant razed

By Kevin Murphy

(Reuters) - One man lost part of his leg and four other people were injured by flying debris as they watched the planned implosion of an abandoned power plant in Bakersfield, California, early on Saturday morning, officials said.

The 43-year-old "suffered a traumatic partial amputation of one leg and major injuries to the other," the Bakersfield Police Department said in a statement.

Shrapnel from the blast also hit four other spectators, causing minor injuries, said Kern County Fire Department fire engineer Leland Davis, adding there were at least 1,000 onlookers.

Police said only two other spectators were injured and had not revised their tally.

One officer along the east perimeter heard screams for help at the 6 a.m. implosion, said police, who were on scene helping to control traffic and crowds.

The boiler facility, which belonged to Pacific Gas and Electric Company and was decommissioned in 1986, had two towers 140 feet tall and four 200,000-gallon (757?,082-liter) empty water tanks, company spokesman Denny Boyles said.

It was being removed so the property could be cleared for sale under an agreement with the city of Bakersfield, he said.

Demolition subcontractors worked with police to establish a 1,000-foot (305-meter) perimeter beyond which a crowd had gathered to observe the demolition, Boyles said. He said the injured people were apparently outside the perimeter.

"Our thoughts and prayers are with those who were injured during the demolition," Boyles said, adding that the company and subcontractors are cooperating with local authorities investigating what went wrong.

The man with the leg injuries was taken to a local hospital and then to Fresno, California, for further treatment, police said. The four others who were injured received treatment at the scene, Davis said.

(Reporting by Kevin Murphy; Editing by Eric M. Johnson and Eric Walsh)

Source: http://news.yahoo.com/man-loses-part-leg-others-injured-california-power-005300816.html

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HiT Software Feeds IBM i Data into Microsoft LightSwitch

HiT Software Feeds IBM i Data into Microsoft LightSwitch

Published: July 30, 2013

by Alex Woodie

Organizations that are using Microsoft's lightweight LightSwitch development environment can feed data from IBM i servers into their LightSwitch applications using the latest version of HiT Software Ritmo/i. Version 6 of the tool also adds support for Microsoft's Entity Framework (EF) object-relational mapper for .NET using native IBM i protocols, the company says.

Microsoft LightSwitch is a template-based, model-driven development environment that was first released by Microsoft in 2011. The software is intended to be used by non-technical Windows users who need to quickly generate database-powered, three-tier applications that feature modern Web interfaces.

Users get started with LightSwitch by using pre-built application shells that provide the look and feel of a particular type of application, such as Microsoft Office. Users then configure their LightSwitch applications in a graphical environment by creating relationships between database tables and entities, and defining queries against the data. Business logic in LightSwitch applications is powered by Windows Communication Foundation RIA Services and Entity Framework, while Silverlight powers the GUI and SQL Server handles the database layer.

The capability to access data stored in the DB2 for i database via Ritmo/i will benefit LightSwitch users, says Giacomo Lorenzin, managing director of HiT Software, which is a subsidiary of BackOffice Associates. "By adding support for LightSwitch and Entity Framework to Ritmo/i, developers can now take full advantage of IBM i data in their application development, regardless of which development approach they use," Lorenzin says in a press release.

Ritmo/i v.6 also supports integration with Visual Studio 2012, SQL Server 2012, and SQL Server Data Tools (SSDT). The new version also introduces support for multi-value parameters in SSIS/SSDT (Reporting Services/Data Tools), including support for access to listed parameter values, the company says.

Ritmo is a Windows-based product that helps Windows developers build high-speed, native data connections between their .NET applications and their data residing in the three DB2 database versions, including DB2/400, DB2 for Linux, Unix, and Windows, and DB2 for the mainframe. The software does this by reading SQL statements from Windows apps and translating it into IBM's Optimized Database Server (ODBS) protocol. No additional software is required on the database server.

Ritmo/i v.6 is available now. For more information, see www.hitsw.com.

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Source: http://www.itjungle.com/fhs/fhs073013-story04.html

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Faithful find spiritual renewal at Catholic Charismatic Conference at University of Scranton

Melona Barber of Brooklyn, N.Y., attended the 31st annual Catholic Charismatic Renewal Conference at the University of Scranton on Saturday for spiritual revival and was not disappointed.

"When you come here, you're, like, renewed. You renew your spirit," said Ms. Barber, who has attended the event the past five years. "You let go of all of your problems. You feel like the Holy Spirit is within you."

She joined some 1,850 other Catholics who attend Mass and confession and listen to guest speakers at the conference, which began Friday and ends today.

Most attendants are from the eastern United States, particularly New York and New Jersey, said one of the organizers, Bob Valiante of Moosic. He started the annual event 31 years ago after his own personal conversion experience.

"I knew there was more in my spiritual life than just participation in Sunday Mass," said Mr. Valiante.

Many conference participants attend either as a result of having such a spiritual awakening or hoping to have one, he said.

"There may be some here seeking that experience or living that experience," he said. "It's ongoing."

During Masses, many people worship in a Charismatic style, such as singing while clapping hands or swaying raised hands in the air. It's a more exuberant tone than one would find in a typical Catholic service.

"They used to call us the Catholic Pentecostals," Mr. Valiante quipped. "It's spirit-inspired. It's a joyful, Christ-centered experience."

One speaker Saturday was Cuba native Maria Vadia, who was 10 years old when she and her family fled to Florida, and who is active in the Catholic Charismatic Renewal of the Archdiocese of Miami.

"We Catholics have been too passive. That has to change. The spectator mentality has to change," Ms. Vadia told her audience. "Being a Catholic Christian is not just going to Mass and going back home. Being a Catholic Christian is walking in the full purpose that God has for you.

"And I'm not talking about dying and going to heaven. I'm talking about entering into the prophetic destiny that he has for you here, in this planet. There is a purpose why we're here, now."

Contact the writer: jlockwood@ timesshamrock.com, @jlockwoodTT on Twitter

Source: http://thetimes-tribune.com/news/faithful-find-spiritual-renewal-at-catholic-charismatic-conference-at-university-of-scranton-1.1530917

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