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FINANCELY SECURES A LANDMARK SYNDICATED LINE OF CREDIT FOR $116,482,000

Promoting Economic Growth in Frontier Markets with Significant Trade Finance Support

HONG KONG, CHINA, July 6, 2023/EINPresswire.com/ — Financely, a globally recognized trade and project finance advisory firm, proudly announced today that it has successfully secured a syndicated line of credit totaling USD 116,482,000. This monumental financial breakthrough was achieved in collaboration with four prestigious banking institutions; ICBC, China Construction Bank, Hang Seng Bank, and Standard Chartered.

The newly secured line of credit aims to provide robust trade finance support to companies operating in frontier markets, marking a remarkable step forward in facilitating economic growth and diversification in these regions.

The financing aims to bolster trade and economic growth in frontier markets. The strategic initiative embodies Financely’s commitment to providing comprehensive financial solutions to frontier market companies, enabling them to overcome liquidity constraints, manage trade risks, and support their working capital requirements.

Through this syndicated line of credit, Financely is ensuring these companies have the necessary financial leverage to expand their trade operations and facilitate commerce. This move is expected to foster employment, promote financial inclusion, and stimulate sustainable economic growth in these frontier markets.

On this auspicious occasion, Jason W. Lee, Managing Director of Financely, stated, “This substantial line of credit embodies our relentless pursuit of innovative financial solutions to propel frontier market economies. Our collaboration with ICBC, China Construction Bank, Hang Seng Bank, and Standard Chartered underscores the strong alliances we are forging to provide unparalleled financial support to companies operating in these markets.”

Lee further added, “We are optimistic that this initiative will significantly alleviate financial burdens on these companies, bolstering their capacity to engage in international trade. Ultimately, our goal is to facilitate the creation of vibrant, resilient, and inclusive economies in these frontier markets.”

In the wake of this significant financial achievement, Financely continues to solidify its position as a leading trade and project finance advisory firm, committed to fostering global economic growth and prosperity.

About Financely

Financely is a leading trade and project finance advisory firm offering bespoke financial solutions to companies worldwide. With a distinct focus on frontier markets, the firm’s expertise lies in structuring innovative financing solutions that support economic growth, promote financial inclusion, and foster sustainability.

www.financely-group.com/

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Stephan Winkelmann, President and CEO of Automobili Lamborghini S.p.A
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Automobili Lamborghini 2022: a record year

Automobili Lamborghini 2022: a record year

  • The Sant’Agata Bolognese-based company continues on its growth path, achieving yet another sales record delivering more than 9,000 cars

In terms of numbers, Automobili Lamborghini continues to break records and also for 2022 saw the best sales figures ever. In fact, the company delivered 9,233 cars worldwide, an increase of 10% over the previous year.

Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, remarked: “Our trend of growth and development continues, and this shows that our direction is sound and our choices are on the mark. This is the product of well-defined collective assessments that can produce consistent and concrete results. We have been able to carefully and meticulously manage an extraordinary order intake, pursuing a clear strategy with the primary objective of maintaining controlled growth to protect the exclusivity of our brand. 2023 is going to be a year of challenges and changes that we are ready to confront by always pushing ourselves beyond. We now have the opportunity to focus on our next objectives also thanks to an 18-month waiting list, which enables us to look to the future and the upcoming goals with confidence.”

A further acceleration of this trajectory will take place in 2023, when the first hybrid cars will be produced and Lamborghini enters the second phase of our Direzione Cor Tauri program: a strategic roadmap unveiled in 2021 that involves the highest-ever investment in the company’s history (1.8 billion euros over five years) delivering the hybrid transition and subsequently the transition to fully-electric vehicles.

In all macro-regions the sign was clearly positive, maintaining a homogeneous and consistent distribution, with Asia registering +14%, followed by America with +10% and finally EMEA with +7% compared to 2021. Sales, in almost all key markets, broke all records. This was also thanks to the high reputation the brand enjoys internationally, with the number of dealers increasing from 173 to 180 in just one year and with a presence in 53 different countries.

The United States remains in the top spot (2,721 cars delivered, up 10% over the previous year), followed by Chinese Mainland, Hong Kong & Macau (1,018 cars delivered, up 9% over the previous year), Germany (808 cars delivered, up 14% over the previous year), United Kingdom (650 cars delivered, up 15% over the previous year) and Japan (546 cars delivered, up 22% over the previous year).

In terms of models, the Urus1 Super SUV’s success is confirmed (5,367 units delivered, up 7% over 2021), followed by an impressive increase of the Huracán2 (3,113 units delivered, up 20% over 2021) and the Aventador3 with 753 units delivered, reaching the end of its production in September 2022.

In terms of product, 2022 was a year full of news, starting with the launch of the Huracán Tecnica in April, which consolidates the level of expertise Lamborghini has achieved in the field of design and engineering. The V10-powered rear-wheel drive car condenses the fun and driving dynamics of a Huracán STO into a new, sleeker look suitable for everyday use with the addition of aerodynamic enhancements aimed at boosting performance, stability and ease of use on both road and track. November saw another V10 unveiling of the Huracán Sterrato, the first super sports car designed to offer the ultimate driving pleasure away from conventional roads on loose surfaces, in a totally unique combination.

Last year was also a very important one for the Urus Super SUV, with the entry of two brand new models. At The Quail, A Motorsports Gathering event held in California in August, Automobili Lamborghini unveiled the all-new Urus Performante, which highlights sportiness and performance by focusing on a design that showcases its incredible capabilities on the road, on the track, and on loose surfaces. The new Super SUV boasts a power of 666 hp and a weight reduction of 47 kg, earning it a best-in-class weight-to-power ratio of 3.2. The Urus Performante also broke the record for a production SUV on the Pikes Peak International Hill Climb track, setting the best time ever with 0 to 100 km/h acceleration in just 3.3 seconds and a 100 to 0 km/h braking distance of 32.9 m. In September 2022, Automobili Lamborghini introduced to the market the Urus S, the latest successor to the Urus. The Urus S offers more power combined with unprecedented versatility and design, consolidating the Super SUV concept in the luxury car segment. Its twin-turbo V8 engine delivers a power of 666 hp4, equaling that of the Performante but introducing specific sophisticated refinements in the design, with a significant increase in options in terms of colors and finishes for wheels, style packages, and interior and exterior details.

The past year was also a time of great success in terms of the awards received by the House of Sant’Agata. Some of the most significant recognitions concern employees and HR activity, such as the Italy Top Employer, received for the ninth year in a row and attesting to the best corporate welfare practices that have been promoted for years by putting people at the center of the business. In the sphere of human resources, another recognition came from IDEM certification, as the first company certified in the automotive sector in Italy for its commitment to gender equality. In November 2022, the company also renewed its DESI project (Dual Education System Italy), now in its fifth year, designed to train young students with the goal of developing them into qualified technicians for the Motor Valley technology district and Lamborghini itself.

Participating students have the opportunity to acquire highly qualified and innovative technical and professional skills, as well as earning a five-year vocational education diploma thanks to the combined approach of theoretical classroom lessons and in-company learning experiences.

Automobili Lamborghini also had the great satisfaction of having received, for the second year in a row, the “Green Star Award”, which recognizes the company’s commitment to sustainability.

In light of the many initiatives, investments and efforts the company puts into practice daily to improve the quality of the planet, this award recognizes it as among the most sustainable companies in Italy.

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Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Engel & Völkers reports 1.2 billion euros in Group commission revenues for 2022

Hamburg, 1st February 2023. Engel & Völkers, the leading platform for real estate agents, reports Group commission revenues of 1.2 billion euros for the 2022 financial year. Real estate worth a total of approx. 39 billion euros was brokered worldwide.

“Despite the onset of a cooling-off period on the real estate market, our turnover performance matched that of the previous year, in excess of 1.2 billion euros. We were also successful in driving international expansion forward in our core markets and increasing the number of agents working under our brand,” says Sven Odia, Global CEO of Engel & Völkers, continuing: “In the current market climate, expertise, experience and professionalism are key differentiators when it comes to strengthening client loyalty and gaining even greater market share. In the second half of 2022, we saw that sellers are particularly drawn to us for our elaborated specialist knowledge, as well as for the intensive personal support we provide when brokering their properties. They also trust in our brand, which has been globally established. In 2023, we intend to invest even more in the training of our real estate agents and the expansion of our digital technology platform – in order to provide our clients with the best possible advice, especially during periods of crisis.”

Real estate as an anchor of stability

“The war in Ukraine and its ramifications in the form of a shortage of raw materials, the energy crisis, and rising inflation and mortgage rates meant that 2022 brought along a special set of circumstances that still continues. This mood of uncertainty led, in turn, to a certain reluctance to buy in some of our markets,” says Sven Odia. He goes on to say: “There is still a high demand for real estate however – as a safe haven and a capital investment that provides dependability in terms of value retention. Properties are seen as an anchor of stability, especially in the premium segment, and used as an attractive method of protecting assets in the long term.” Between January and December 2022, Engel & Völkers closed 10 percent more real estate transactions in the uppermost segment of properties worth in excess of 10 million euros.

Alongside the Group’s stable revenue performance, the number of real estate agents is growing continuously. In 2022, more than 1,000 agents and 53 shops joined the platform worldwide. “We offer them a global and renowned brand, an international network, and a superb platform that harnesses the very latest technologies. This offer will continue to attract many market experts in the future, which in turn will take the Group’s ongoing professionalisation to the next level. We are cautiously optimistic about developments in this coming year,” Sven Odia concludes.

ENGEL & VÖLKERS
Engel & Völkers GmbH
Global Corporate Communication Team
Vancouverstraße 2a
20457 Hamburg
Germany
T: +49 40-36 13 11 20

About Engel & Völkers: Engel & Völkers is one of the world’s leading service companies specialised in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. For over 40 years now, the wishes and needs of private and institutional clients have had top priority, giving rise to the ongoing development of a range of services relating to all aspects of real estate. Sales and leaseholds, as well as consultancy for various investment opportunities in the real estate segment are among the core competencies of more than 16,500 people operating under the Engel & Völkers brand. The company is currently operating in over 30 countries on five continents. Intensive training schemes in its in-house real estate Academy and the high level of quality assurance governing its systematically structured service provision are key factors that account for the company’s success. Engel & Völkers develops digital tools and IT products on an ongoing basis, in order to keep its service as efficient as possible. In doing so, the company is setting new standards in digital solutions for property brokerage. www.engelvoelkers.com

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2022 deliveries: Porsche posts a slight increase
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2022 deliveries: Porsche posts a slight increase

2022 deliveries: Porsche posts a slight increase

Porsche put in a robust performance in fiscal year 2022, with a slight increase in deliveries. The sports car manufacturer delivered a total of 309,884 cars over the past 12 months, 3 per cent more than in 2021 – despite several global crises.

Porsche fulfills the dreams of its customers, as strong delivery figures and the continued good order situation for fiscal year 2022 demonstrate. Worldwide, the sports car manufacturer delivered 309,884 vehicles to customers last year, an increase of 3 per cent over the previous year.

Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG

“The many challenges caused by the war in Ukraine, interrupted supply chains and the ongoing semiconductor crisis have shaped the past year and put us to the test,” says Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG. “So I am all the prouder of the entire Porsche team. In this difficult environment, we have succeeded in fulfilling the dream of owning a Porsche for more customers than ever before.”

Deliveries in Europe 7 per cent above previous year

In the Europe sales region, Porsche delivered 62,685 cars in 2022. This is 7 per cent more than in the previous year. In its home market of Germany, 29,512 customers took delivery of their cars – an increase of 3 per cent. In North America, Porsche recorded 79,260 deliveries, matching the previous year’s level. This was a particularly strong performance in view of logistical and supply challenges that started the year. In what remains the biggest single market, China, 93,286 cars were delivered to customers     (-2 per cent). The slight dip here is mainly due to the effects of the COVID pandemic. Waves of infection, COVID-related lockdowns and logistical challenges affected the deliveries. The Overseas and Emerging Markets sales region continues to develop positively with an increase in deliveries of 13 per cent. Some 45,141 cars were delivered to customers in this region during 2022.

SUVs remain popular among customers

The models with the highest demand again in 2022 were the brand’s SUVs: the Porsche Cayenne was delivered a total of 95,604 times. The Macan followed in second place with 86,724 units delivered. With 40,410 deliveries (+5 per cent) the Porsche 911 remains very popular as well. The sports saloon Panamera was delivered to 34,142 customers (+13 per cent).

The Taycan remains at a high level of orders. In 2022, Porsche delivered 34,801 cars from the model line worldwide (-16 percent). The decline was due to supply chain bottlenecks and limited component availability. Both issues affected the electric sports car in particular. Customers took delivery of 18,203 units of the 718 Boxster and 718 Cayman models.


Taycan GTS and Taycan GTS Sport Turismo

“On the sales side, results have been positive in 2022,” says von Platen. “Porsche is in a solid position. And we’re building on that basis.”

Porsche AG
Deliveries		 January – December
2021 2022 Difference
Worldwide 301,915 309,884 +3%
Germany 28,565 29,512 +3%
North America 79,166 79,260  0%
China 95,671 93,286 -2%
Europe (excluding Germany) 58,576 62,685 +7%
Overseas and Emerging Markets 39,937 45,141 +13%

Disclaimer

This announcement contains ‘forward-looking statements’ that reflect the Porsche’s current view of the future events.

Words such as ‘will’, ‘presume’, ‘as a goal’, ‘could’, ‘possibly’, ‘should’, ‘believe’, ‘intend’, ‘plan’, ‘in preparation’, and ‘aim’ are used to indicate statements relating to the future. These statements are subject to a variety of risks, uncertainties and assumptions. If any of these risks or uncertainties materialise or if the assumptions underlying Porsche’s forward-looking statements should prove unfounded, the actual results could differ significantly from the ones that Porsche has expressly or implicitly assumed in these statements. Forward-looking statements in this press release are based solely on the circumstances pertaining on the day of publication.

These forward-looking statements will not be updated later. These statements are true on the day of publication and may be overtaken by later events.

www.porsche.com

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The Jills Zeder Group: Nº1 Luxury Property Specialists in real Trends 2021 Rankings
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The Jills Zeder Group: Nº1 Luxury Property Specialists Miami in real Trends 2021 Rankings

The Jills Zeder Group: Nº1 Luxury Property Specialists Miami in real Trends 2021 Rankings

In real estate, there are numerous firms and agencies claiming to be number one in their market. But only a few can back their claims with recognition from trusted industry authorities – and The Jills Zeder Group in Miami is one of them.

Ranked by RealTrends as the #1 Real Estate Team for 2021, The Jills Zeder Group, Coldwell Banker Luxury Property Specialists has firmly established themselves among the top Realtors not only in the Miami area, but also throughout Florida and the entire United States.

Get to Know The Jills Zeder Group

The Jills Zeder Group is the combination of two of the most powerful real estate brokerage teams in South Florida – The JILLS® and The Zeder Team. Realizing they’re driven by the same goals and business ethics, the teams joined forces in March, 2019, and quickly went on to create real estate history.

The team’s logo features three palm trees, symbolizing the three families that make up the core of this regional powerhouse. The JILLS® Team is represented by Jill Hertzberg and her children Danny Hertzberg and Hillary Hertzberg, as well as by Jill Eber and her sister Felise Eber. The Zeder Team is led by Judy Zeder and her children Nathan Zeder and Kara Zeder Rosen.

Together, this formidable group has 150 years of collective experience and $2 billions of dollars in sales just in 2021. Prior to their merger, their combined sales totaled $6 billion, some of which were achieved through their collaborative work on high-profile luxury sales.

The group specializes in upscale real estate throughout Miami-Dade County, representing buyers and sellers in the sale of multimillion dollar estates, high-end condominiums, and stunning waterfront properties.

Their affiliation with the Coldwell Banker Realty offices in Miami Beach and Coral Gables gives them access to a wide range of regional, national, and international clients across 43 countries, as well as to cutting edge resources and technology.

The group is also affiliated with the International Luxury Alliance and Hamptons International – London, expanding their reach to ultra high net worth individuals from anywhere in the world.

Unifying their varied strengths, the two generations of experts in The Jills Zeder team provide unparalleled service to match the needs and preferences of their highly discriminating clientele.

Waterfront Masterpiece in Golden Beach

19 jul 2022 The Jills Zeder Group presents 498 N Parkway, Golden Beach, FL. Exuding opulence, this ultra-lavish waterfront palatial estate is set behind private gates at the end of a cul de sac. Boasting 9,327 SF sitting on a 19,082 SF lot offering 200’ of WF this smart home is the epitome of sophistication.

The living spaces include a movie theatre, rooftop terrace, 5 balconies, elevator, formal dining room, living, family & lounge areas all offering views of the water, maid’s quarters, kosher kitchen w/ top-of-the-line appliances. Primary suite offers dual walk-in closets & bathrooms complete w/ a terrace. Surrounded by open intracoastal views, infinity saltwater pool, spa, manicured landscaping, private dock, the outdoor space is like no other. This luxurious retreat captures the magic of Golden Beach living w/ stunning views & artfully designed living spaces.

The #1 Real Estate Team in the United States in RealTrends’ 2021 Rankings

For 2021, The Jills Zeder Group was ranked the number one large real estate team in sales volume by RealTrends, as featured in Wall Street Journal. This means that, in 2020, among real estate teams in the country with 11 to 20 sales professionals, The Jills Zeder Group achieved the highest sales volume.

The team leads an elite list of what RealTrends describes as “the top one-tenth of one percent of more than 1.4 million licensed Realtors nationwide.” The Jills Zeder Group leads the top 250 real estate teams in the United States, with their closed sales volume of $1,236,209,506 and closed transaction sides (buying or selling) of 214.6 in 2020.

In addition, RealTrends data show that The Jills Zeder Group was the first non-team owned brokerage to have achieved sales of over $1 billion in just one year, an achievement the group was able to accomplish just a few months after the merger.

What it Means to Stakeholders

Coldwell Banker president and CEO called the group’s accomplishment “a testament to the team’s expertise, professionalism, and constant dedication to serve their clients as their trusted advisors.”

Buying or selling a luxury property in Miami-Dade County often involves multimillion dollar transactions. With so much at stake, you want to make sure you’re represented only by proven and tested professionals.

It’s important to have the guidance of experts who will see to it that your interests are protected, no matter which side of the transaction you’re in. Your Realtor should be someone who has the capability to guide you and steer the transaction toward a seamless and worry-free closing.

The Jills Zeder Group’s track record, both collectively and separately, speaks volumes about their performance, earning them the trust and confidence of high net worth individuals from around the world.

Their #1 ranking from RealTrends serves as a seal of confidence, affirming the group’s expertise, abilities, and commitment to achieving their clients’ goals.

What is RealTrends?

RealTrends is an independent and privately held communications, publication, and consulting firm specializing in residential real estate. They provide a range of services to the residential real estate industry, including valuations, M&A, and technology and marketing. In addition to realtors and brokers, their consulting clients include mortgage providers, title companies, tech service providers, and other professionals and companies involved in the real estate business.

Stakeholders in the industry look to RealTrends for updated market reports and analyses, which the organization bases on the financial data provided by hundreds of RealTrends Association Network members.

RealTrends also conducts surveys and studies to get the latest pulse of the market and uncover current industry trends. These reports are accessed through RealTrends’ monthly newsletter and other publications.

The organization also stages Gathering of Eagles, an annual event where leading real estate professionals can get the latest information and insights about the industry. RealTrends Association members also get access to association president Steve Murray’s podcasts, webinars, and one-on-one consultations.

The RealTrends Ranking Programs

RealTrends has several ranking programs designed for specific segments of the real estate industry. These include:

  • The RealTrends + Tom Ferry The Thousand RankingsIn this program, RealTrends, in collaboration with Tom Ferry International, invites individuals and teams to submit their production information. RealTrends will then verify the data and rank the entries accordingly.The Thousand team rankings program is broken down into four categories:
    • Small – for teams with 2 to 5 licensed agents
    • Medium – for teams with 6 to 10 licensed agents
    • Large – for teams with 11 to 20 licensed agents
    • Mega – for teams with 21 or more licensed agents

    For the RealTrends 2021 rankings, The Jills Zeder Group topped the Large Team category with sales volume of over $1.2 billion.

  • America’s BestThis ranking program recognizes the top individual real estate professionals by state.
  • RealTrends Five HundredStarted 34 years ago, the RealTrends Five Hundred rankings is considered the definitive ranking program for the largest residential real estate brokerage firms. It has several categories, including:
    • 500 By Volume – This ranks the country’s top brokerage firms by closed sales volume per year.
    • Billionaires’ Club – This ranks the top brokerages that closed at least $1 billion worth of transactions for the year
    • Nation’s Best – Includes brokerage firms that closed at least 500 transaction sides for the year but did not rank in the RealTrends Five Hundred category
    • Average Sale – This ranks brokerage firms according to the average sales price closed for the year
    • Independents – This honors the top independent brokerage firms in the country.
    • Top Movers – This recognizes brokerages with the biggest increase in closed sides for the year.
  • The RealTrends Market LeadersAs with the RealTrends Five Hundred rankings, RealTrends Market Leaders ranks the largest residential brokerage firms in the United States, but breaks down the rankings by metropolitan area.
  • RealTrends Website RankingsThis program ranks the top real estate websites in the United States. It includes six categories highlighting the facets that make a website effective:
    • Best Overall
    • Best Design
    • Best Community
    • Best Mobile
    • Best Property Detail
    • Best Video

    In the RealTrends 2021 Website Rankings, The Jills Zeder Group’s website ranked highly in several categories, including #3 in Best Overall, #2 in Best Design, and #1 in Best Mobile.

Why a RealTrends Ranking is Significant

In real estate, recognition from RealTrends is considered a badge of honor and an affirmation of a Realtor’s or real estate team’s ability to produce outstanding results. As an independent and unbiased authority in the industry since 1987, RealTrends’ rankings and awards are considered as benchmarks in defining excellence in the industry.

The organization’s ranking programs are participated in by thousands of real estate professionals and brokerage firms from around the country, who have to meet strict qualifications before their entries can be considered. To be ranked by RealTrends means the Realtor or brokerage has truly made it to the top of the heap.

With its #1 ranking, The Jills Zeder Group has achieved a remarkable milestone that speaks to the team’s expertise, dedication, and hard work.

One of the highlights of RealTrends’ The Thousand program is the publication of the results in the Wall Street Journal, giving it an added layer of significance and prominence. In fact, the program is often casually referred to as the WSJ Real Estate Ranking, although WSJ is not involved in the production of the rankings.

Other Achievements by The Jills Zeder Group

In addition to its #1 Ranking by RealTrends, The Jills Zeder Group has been recognized by other prestigious organizations and publications in 2021.

  • The #1 Team for Coldwell Banker RealtyIn March, 2021, Coldwell Banker Realty named The Jills Zeder Group as the firm’s number one top-performing large firm nationally in 2020, outperforming more than 96,000 Coldwell Banker sales professionals. The group was also named the #1 Coldwell Banker Realty Team, besting more than 45,000 sales professionals, and the #1 Team within Coldwell Banker Florida.The team got the top spot for the second year in a row, coming in on the back of their outstanding sales achievement of over $6 billion for 2020.

    Along with this, the group also earned the Society of Excellence designation, which is given to the top 1% of Coldwell Banker sales agents throughout the country.

  • Variety’s Showbiz Real Estate Elite 2021The iconic entertainment magazine Variety has named Jill Eber, Jill Hertzberg, and Judy Zeber among its Showbiz Real Estate Elite – a designation given to the top performing real estate professionals who count showbiz celebrities and business leaders among their clients.
  • SFBJ’s 2021 Power Brokers in Real Estate
  • South Florida Business Journal - Meet 2021 Power BrokersThe South Florida Business Journal has once again included Jill Eber, Judy Zeder, and Jill Hertzberg in its annual list of residential Power Brokers throughout Miami-Dade, Broward, and Palm Beach counties, citing The Jills Zeder Group’s outstanding sales achievement.

In addition, the agents at The Jills Zeder Group have been featured in numerous publications, TV shows, podcasts, and other far reaching venues, where they shared their expert industry insights and formidable market knowledge. You can find them individually or collectively in widely-circulated magazines, newspapers, and TV shows, including The Wall Street Journal, South Florida Business Journal, The Real Deal, Forbes, Modern Luxury, and so much more.

High-Profile Luxury Sales

The Jills Zeder Group also brokered a number of high-profile and record-breaking sales in 2021, further boosting their reputation as the go-to real estate powerhouse in Southern Florida.

These are just a few of their noteworthy accomplishments:

Partner with the #1 Real Estate Team in the United States

Together, merging their traditional expertise and contemporary outlook, The Jills Zeder Group continues to receive the highest rankings and accolades from around the globe, the U.S., Florida, and various cities. The Jills Zeder Group is — quite simply — an intergenerational formula for success.

A luxury home in Miami-Dade County is one of the biggest investments you can ever make. Don’t leave the success of such a major undertaking to chance. Partner with The Jills Zeder Group and get peace of mind knowing you’re working with the best of the best.

Call the team today at 305.722.5721 (Coral Gables) or 305.341.7447 (Miami Beach). You may also send an email to cg@jillszeder.com (Coral Gables) or mb@jillszeder.com (Miami Beach), or leave a message here.

 

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Satoshi Island is now ready to be developed into a real-world crypto economy and blockchain based democracy

Satoshi Island is now ready to be developed into a real-world crypto economy and blockchain based democracy

Satoshi Island is a 32 million square foot private island, located in the tropical paradise of Vanuatu, tucked between Australia and Fiji. The island, which is owned by Satoshi Island Holdings Limited, is intended to become home for crypto professionals and enthusiasts, with a goal to be considered the crypto capital of the world. After years of preparation, a green light from the Vanuatu Prime Minister and Minister Of Finance and all approvals in place, Satoshi Island is now ready to be developed into a real-world crypto economy and blockchain development based democracy.

Own a real piece of the island

Turn your crypto into a physical asset with Satoshi Island NFTs

Island design & development

The master planning and development process is provided by world renowned architectural firm, James Law Cybertecture.

jameslawcybertecture.com

Modular development is the future of city building, instead of decades they will be completed within a few short years” – James Law 2010

Made for the crypto community

Satoshi Island is poised to become the crypto capital of the world, intended to bring together thousands of crypto professionals and enthusiasts worldwide.

Continue Reading

Continue reading to learn more about how Satoshi Island will serve the crypto community.

Advanced NFT Security

As Satoshi Island is a real place and what holders do with their NFTs effect the future of the island, owning a Satoshi Island NFT requires a level of responsibility not usually associated with NFT ownership. With this in mind, Satoshi Island NFTs come with additional security features to help keep them in the right hands in the event of unforeseen circumstances.

Public Opening
Q1 2023

Building Homes in Metaverse

With infrastructure and module installation complete on at least one area of the island, home owners will be able to begin residing on the island or renting out their homes to short and long stay visitors.

Opportunities for you and your business

Crypto Projects
Satoshi Island has vast amount of land reserved for projects interested in setting up a base on the island. Companies of all sizes are welcome and we have dedicated co-working space to suit start-ups, all the way up to entire campuses where large projects can build satellite offices, company retreats or even permanent headquarters.
Individuals
Anyone can own a piece of Satoshi Island by purchasing Land NFTs. Buy a whole block and build a property for yourself or for rental purposes, or buy with others and decide together what to do with the block. Share usage with your co-owners and enjoy time on the island or lease out your property to other Satoshi Islanders… The choice is yours!
Blockchain Events
Satoshi Island is the perfect place to hold blockchain events and has ample space to host them. Organizers who wish to make Satoshi Island their venue of choice will benefit greatly from the targeted community on their door step. Whether a new or existing event, Satoshi Island provides a setting like no other.

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ROLLS-ROYCE MOTOR CARS REPORTS RECORD ANNUAL RESULTS FOR 2021

ROLLS-ROYCE MOTOR CARS REPORTS RECORD ANNUAL RESULTS FOR 2021

In 2021, Rolls-Royce Motor Cars delivered the highest-ever annual sales results in the marque’s 117-year history. The company delivered 5,586 motor cars to clients around the world, up 49% on the same period in 2020. This overall figure includes all-time record sales in most regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the globe.

  • Rolls-Royce Motor Cars reports record 2021 sales, up 49% on the same period in 2020
  • Highest sales in the marque’s 117-year history
  • All-time records set in most sales regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the world
  • High demand for all models, particularly Ghost and Cullinan
  • Rolls-Royce is undisputed leader in the +€250k segment
  • Orders extend into third quarter of 2022; Bespoke commissions also at record levels
  • Record intake for Apprenticeship Programme: 37 apprentices join in September 2022


“2021 was a phenomenal year for Rolls-Royce Motor Cars. We delivered more cars than at any time in the marque’s 117-year history with unprecedented demand for all products in every global market. Our extremely strong product portfolio, an exceptional Bespoke offering, together with the first full year of availability of Ghost, the launch of Black Badge Ghost in October and the continuing record demand for Bespoke personalisation, has contributed meaningfully to our extremely strong performance. This is hugely encouraging as we prepare for the historic launch of Spectre, our first all-electric car. Building on this year’s success, we will continue to evolve as a true luxury brand, beyond the realms of automotive manufacturing.”
Torsten Müller-Ötvös, Chief Executive Officer, Rolls-Royce Motor Cars

In 2021, Rolls-Royce Motor Cars delivered the highest-ever annual sales results in the marque’s 117-year history.

The company delivered 5,586 motor cars to clients around the world, up 49% on the same period in 2020. This overall figure includes all-time record sales in most regions, including Greater China, the Americas and Asia-Pacific, and in multiple countries across the globe.

All Rolls-Royce models performed extremely strongly. Growth has been driven principally by Ghost, with demand surging further, following the launch of Black Badge Ghost in October 2021. This, together with the continuing pre-eminence of Cullinan and the marque’s pinnacle product, Phantom, has ensured order books are full well into the third quarter of 2022. The company’s Provenance (pre-owned) programme also enjoyed exceptional sales results in 2021, achieving an all-time record.

Bespoke commissions remain at record levels, with magnificent individual examples including the spectacular Phantom Oribe co-created with Hermès, alongside the Phantom Tempus, and Black Badge Wraith and Black Badge Dawn Landspeed Collection cars. The company signalled its commitment to leading a new contemporary coachbuilding movement with Rolls‑Royce Coachbuild becoming a permanent fixture in its future portfolio, and with it the unveiling of its latest coachbuilt masterpiece, Boat Tail.

Rolls-Royce also announced its first all-electric car, Spectre, during 2021.  The extraordinary undertaking of bringing Spectre to market by the fourth quarter of 2023 has now begun, and the most punishing testing protocol ever conceived for a Rolls‑Royce is underway. This 2.5‑million-kilometre journey, which extends to all four corners of the world, will simulate more than 400 years of use for a Rolls‑Royce.

While preparations are made for the marque’s all-electric future, Rolls-Royce continues to meet the surge in demand for its current portfolio through a flexible manufacturing process and the dedication of the over 2,000 people who work at the Home of Rolls-Royce in Goodwood, West Sussex and around the world.  The Rolls-Royce factory at Goodwood is currently running at near-maximum capacity, on a two-shift pattern to fulfil orders from clients around the world.

Rolls-Royce will continue to invest in its manufacturing plant in readiness for electrification, and in future talent, with a record 37 new apprentices set to join the company in September 2022.

Reflecting on the results, CEO Torsten Müller-Ötvös said, “This has been a truly historic year for Rolls-Royce Motor Cars. In the past 12 months, we have recorded our highest-ever annual sales, launched the latest addition to our Black Badge family, stunned the world with our coachbuilding capabilities and made huge strides into our all-electric future.

“As always, it has been made possible by the dedication and commitment of the extraordinary people at the Home of Rolls-Royce, our international team and our global dealer network. I wish to extend my thanks and congratulations to each and every one of them: it is my privilege and pleasure to work alongside them every day.”

CO2 EMISSIONS & CONSUMPTION.

Phantom: NEDCcorr (combined) CO2 emission: 329-328 g/km; Fuel consumption: 19.5-19.6 mpg / 14.5-14.4 l/100km. WLTP (combined) CO2 emission: 356-341 g/km; Fuel consumption: 18.0-18.8 mpg / 15.7-15.0 l/100km.

Phantom Extended: NEDCcorr (combined) CO2 emission: 329-328 g/km; Fuel consumption: 19.5-19.6 mpg / 14.5-14.4 l/100km. WLTP (combined) CO2 emission: 356-341 g/km; Fuel consumption: 18.0-18.8 mpg / 15.7-15.0 l/100km.

Ghost: NEDC (combined): CO2 emission: 343 g/km; Fuel consumption: 18.8 mpg / 15.0 l/100km. WLTP (combined): CO2 emission: 347-359 g/km; Fuel consumption: 17.88 – 18.58 mpg / 15.2-15.8 l/100km.

Black Badge Ghost: NEDCcorr (combined) CO2 emission: 359 g/km; Fuel consumption: 15.8 mpg / 18.0 l/100km. WLTP (combined) CO2 emission: 359 g/km; Fuel consumption: 17.9 mpg / 15.8 l/100km.

Black Badge Wraith: NEDCcorr (combined) CO2 emission: 367 g/km; Fuel consumption: 17.5 mpg / 16.1 l/100km. WLTP (combined) CO2 emission: 370-365 g/km; Fuel consumption: 17.2-17.4 mpg / 16.4-16.2 l/100km.

Black Badge Dawn: NEDCcorr (combined) CO2 emission: 371 g/km; Fuel consumption: 17.3 mpg / 16.3 l/100km. WLTP (combined) CO2 emission: 382-380 g/km; Fuel consumption: 16.7-16.9 mpg / 16.9-16.8 l/100km.

Cullinan: NEDCcorr (combined) CO2 emission: 341 g/km; Fuel consumption: 18.8 mpg / 15.0 l/100km. WLTP (combined) CO2 emission: 377-355 g/km; Fuel consumption: 17.0-18.1 mpg / 16.6-15.6 l/100km.

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Current Mortgage Rates Drop Back Below 3%

Current Mortgage Rates Drop Back Below 3%

Money; Getty Images

Current mortgage rates moved lower this week with the average rate on a 30-year fixed-rate mortgage settling in at 2.99%, according to Freddie Mac. The average rate for a 15-year fixed-rate mortgage moved down to 2.23%, while the rate for 5/1 adjustable-rate mortgage increased to 2.52%.

Mortgage rates slipped back under 3% this week after decreasing by just 0.02 percentage points from last week. However, rates remain above the 2.86%-2.88% range that had dominated in August and September.

Mortgage interest rates for the week of October 7, 2021

Money

Mortgage rate trends

The average rate for most types of loans trended lower this week:

  • The current rate for a 30-year fixed-rate mortgage is 2.99% with 0.7 points paid, down 0.02 percentage points week-over-week. Last year, the interest rate averaged 2.87%The interest rate during the same week last year was 2.88%.
  • The current rate for a 15-year fixed-rate mortgage is 2.23% with 0.7 points paid, 0.05 percentage points lower than a week ago. A year ago, the 15-year rate was 2.37%.
  • The current rate on a 5/1 adjustable-rate mortgage is 2.52% with 0.3 points paid, up 0.04 percentage points from the previous week. A year ago, the 5/1 ARM rate was 2.89%.

“Mortgage rates continue to hover around three percent again this week due to rising economic and financial market uncertainties,” said Sam Khater, chief economist at Freddie Mac. “Unfortunately, with the expectation that both mortgage rates and home prices will continue to rise, competition remains high and housing affordability is declining.”

With home prices still near record highs, homebuyers are paying an average of $50 more on their mortgage payments over the last six weeks than earlier this year, according to a report from real estate brokerage Redfin.

Today’s mortgage rates and your monthly payment

The rate on your mortgage makes a big difference in how much home you can afford and the size of your monthly payments.

If you bought a $250,000 home and made a 20% down payment — $50,000 — you would end up with a starting loan balance of $200,000. On a $200,000 home loan with a fixed rate for 30 years:

  • At 3% interest rate = $843 in monthly payments (not including taxes, insurance, or HOA fees)
  • At 4% interest rate = $955 in monthly payments (not including taxes, insurance, or HOA fees)
  • At 6% interest rate = $1,199 in monthly payments (not including taxes, insurance, or HOA fees)
  • At 8% interest rate = $1,468 in monthly payments (not including taxes, insurance, or HOA fees)

You can experiment with a mortgage calculator to find out how much a lower rate or other changes could impact what you pay.

Other factors that determine how much you’ll pay each month include:

  • Loan Term: Choosing a 15-year mortgage instead of a 30-year mortgage will increase monthly mortgage payments but reduce the amount of interest paid throughout the life of the loan.
  • Fixed vs. ARM: The mortgage rates on adjustable-rate mortgages reset regularly (after an introductory period) and monthly payments change with it. With a fixed-rate loan payments remain the same throughout the life of the loan.
  • Taxes, HOA Fees, Insurance: Homeowners insurance premiums, property taxes and homeowners association fees are often bundled into your monthly mortgage payment. Check with your real estate agent to get an estimate of these costs.
  • Mortgage Insurance: Mortgage insurance costs up to 1% of your home loan’s value per year. Borrowers with conventional loans can avoid private mortgage insurance by making a 20% down payment or reaching 20% home equity. FHA borrowers pay a mortgage insurance premium throughout the life of the loan.
  • Closing Costs: Some buyers finance their new home’s closing costs into the loan, which adds to the debt and increases monthly payments. Closing costs generally run between 2% and 5% and the sale prices.

The latest information on current mortgage rates

Will current mortgage rates last?

Mortgage rates saw very little movement this week compared to last week, as the 30-year rate decreased by just 0.02 percentage points to 2.99%. Last week, the average rate jumped 0.13 percentage points to 3.01%. It was the first time rates crossed above 3% since June.

Despite today’s decline, there may be more upward pressure on rates over the coming weeks. COVID-19 infections are slowing down and consumer spending was higher than expected in August. If the September jobs report due out on Friday is strong, the Federal Reserve may start tightening monetary policy sooner rather than later, leading to higher rates.

For now, expect mortgage rates to stay relatively low with the strong possibility of increases over the coming weeks unless there is negative news on the economic front.

On Thursday, the yield on the 10-year Treasury note opened at 1.531%. There tends to be a spread of about 1.8 percentage points between the 10-year Treasury and average mortgage rates. This suggests rates could go higher.

How are mortgage rates impacting home sales?

The overall number of mortgage applications decreased by 6.9% for the week ending October 1, according to the Mortgage Bankers Association. The biggest drop occurred in the refinance loan category, which decreased by double digits week-over-week.

  • Purchase applications were down by 2% from the previous week and 13% less than the same week last year.
  • The number of refinance loan applications was down by 10% from the previous week and 16% lower year-over-year. Despite the drop, refinances are still making up most of the mortgage loan activity, representing almost 65% of all loan activity.

“Higher rates are reducing borrowers’ incentive to refinance, as declines were seen across all loan types,” said Joel Kan, MBA’s Associate vice president of economic and industry forecasting. “Purchase activity also fell, driven by a drop in conventional loan applications.”

Current Mortgage Rates Guide

What is a good interest rate on a mortgage?

Today’s mortgage rates are near historic lows. Freddie Mac’s average rates show what a borrower with a 20% down payment and a strong credit score might be able to get if they were to speak to a lender this week. If you are making a smaller down payment, have a lower credit score or are taking out a non-conforming (or jumbo) mortgage, you may see a higher rate. A good mortgage rate is one where you can comfortably afford the monthly payments and where the other loan details (such as the length of the loan, whether the rate is fixed or adjustable and other fees) fit your needs.

How much does the interest rate affect mortgage payments?

In general, the lower the interest rate the lower your monthly payments will be. For example —

  • If you have a $300,000 fixed-rate 30-year mortgage at 4% interest, your monthly payment will be $1,432 (not including property taxes and insurance). You’ll pay a total of $215,608 in interest over the full loan term.
  • The same-sized loan at 3% interest will have a monthly payment of $1,264. You will pay a total of $155,040 in interest — a savings of over $60,000.

You can use a mortgage calculator to determine how different mortgage rates and down payments will affect your monthly payment. Consider steps for improving your credit score in order to qualify for a better rate.

How are mortgage rates set?

Lenders use a number of factors to set prevailing rates each day. Every lender’s formula will be a little different but will take into account things like the current Federal Funds rate (a short-term rate set by the Federal Reserve), competitor rates and even how much staff they have available to underwrite loans.

In general, rates track the yields on the 10-year Treasury notes. Average mortgage rates are usually about 1.8 percentage points higher than the yield on the 10-year note. Yields matter because lenders don’t keep the mortgage they originate on their books for long. Instead, in order to free up money to keep originating more loans, lenders sell their mortgages to entities like Freddie Mac and Fannie Mae. These mortgages are then packaged into what are called mortgage-backed securities and sold to investors. Investors will only buy if they can earn a bit more than they can on the government notes.

Why is my mortgage rate higher than average?

Not all applicants will receive the very best rates when taking out a new mortgage or refinancing. Credit scores, loan term, interest rate types (fixed or adjustable), down payment size, home location and the loan size will all affect mortgage rates offered to individual home shoppers.

Rates also vary between mortgage lenders. It’s estimated that about half of all buyers only look at one lender, primarily because they tend to trust referrals from their real estate agent. Yet this means that they may miss out on a lower rate elsewhere.

Freddie Mac estimates that buyers who got offers from five different lenders averaged 0.17 percentage points lower on their interest rate than those who didn’t get multiple quotes. If you want to find the best rate and term for your loan, it makes sense to shop around first.

Should you refinance your mortgage when interest rates drop?

Determining whether it’s the right time to refinance your home loan or not involves a number of factors. Most experts agree you should consider refinancing if your current mortgage rate exceeds today’s mortgage rates by 0.75 percentage points. It doesn’t make sense to refinance every time rates decline a little bit because mortgage fees would cut into your savings. You also have to consider whether your credit score would qualify you for today’s best refinance rates.

Many online lenders can give you free rate quotes to help you decide whether the money you’d save in interest charges justifies the cost of a new loan. Try to get a quote with a soft credit check which won’t hurt your credit score.

You could enhance interest savings by going with a shorter loan term such as a 15-year mortgage. Your payments may be higher, but you could save in interest charges over time and you’d pay off your house sooner.

Should you buy mortgage points?

Many lenders sell mortgage points (also known as discount points). Buying points means you’d pay more up front to lower your mortgage rate which could save you money long-term. A mortgage discount point normally costs 1% of your loan amount and could shave 0.25 percentage points off your interest rate. (So, with a $200,000 mortgage loan, a point would cost $2,000.) Discount points only pay off if you keep the home long enough. Selling the home or refinancing the mortgage before you break even would short circuit the discount point strategy.

In some cases, it makes more sense to put extra cash toward your down payment instead of discount points If a larger down payment could help you avoid paying PMI premiums, for example.

How to shop for the best mortgage rate

Shopping around for the best mortgage rate can not only help you qualify for a lower rate and but also save money. Borrowers who get a rate quote from one additional lender are able to save $1,500 over the life of the loan, according to Freddie Mac. That number goes up to $3,000 if you get five additional quotes.

The best mortgage lender for you will be the one that can give you the lowest rate and the terms you want. Your local bank or credit union is one place to look. Online lenders have expanded their market share over the past decade and promise to get you pre-approved within minutes.

Shop around to compare rates and terms, and make sure your lender has the loan option you need. Not all lenders write USDA-backed mortgages or VA loans, for example. If you’re not sure about a lender’s credentials, ask for its NMLS number and search for online reviews.

Summary of current mortgage rates

Current mortgage rates are lower today, with the 30-year mortgage rate dropping 0.02 percentage points from last week. The 15-year rate also moved lower.

  • The current rate for a 30-year fixed-rate mortgage is 2.99% with 0.7 points paid, down 0.02 percentage points week-over-week. Last year, the interest rate averaged 2.87%The interest rate during the same week last year was 2.88%.
  • The current rate for a 15-year fixed-rate mortgage is 2.23% with 0.7 points paid, 0.05 percentage points lower than a week ago. A year ago, the 15-year rate was 2.37%.
  • The current rate on a 5/1 adjustable-rate mortgage is 2.52% with 0.3 points paid, up 0.04 percentage points from the previous week. A year ago, the 5/1 ARM rate was 2.89%.

 

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Billionaire residences at Central Park Tower
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Billionaire residences at Central Park Tower

Some of the world’s most iconic tall buildings live in New York, and have become symbols of this City. They owe their shape, recognition and height to the unconquerable Manhattan bedrock. It is on this foundation that Central Park Tower dares to reach new heights, a shimmering beacon of glass, steel, ambition and aspiration.

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Located on Manhattan’s Billionaire’s Row and steps from Central Park, the tower’s vast footprint offered the unique opportunity to design a structure of enormous strength and great
elegance.

The grand living and entertaining spaces are strategically positioned in the corners of the residences to maximize multiple panoramas and citywide views.

Located along New York’s billionaire row, Central Park Tower is bringing 179 new condos to the neighborhood.

The 1,550-foot skyscraper will be New York’s largest residential building once it is completed in 2020, but it has already begun putting units on the market. Starting on the 32nd floor, the homes on the list range from 2,114 to 7,074 square feet and contain 2 to 5 bedrooms, with the largest spanning the entire 112th level.

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

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Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

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Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

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Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower
Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

Billionaire residences at Central Park Tower

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Central Park Tower will offer the most gracious residences in the City. These expansive spaces feature custom details, the finest natural finishes and the most dynamic views in New York.

BUY IN CENTRAL PARK TOWER $ 6.9 – $ 63 MILLONES

www.centralparktower.com

 

 

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