Monthly Archives: August, 2023
Hunden Partners Presented State of the Industry Findings to Association of Luxury Suite Directors 2023
Hunden Partners presented its 2023 State of the Industry findings in Indianapolis, IN
ALSD Design & Build Conference Highlights Hunden Partners' Data-Driven Predictions in Major League Sports Facilities.
CHICAGO, August 8, 2023 (Newswire.com) - Hunden Partners (Hunden), a full-service, national real estate development advisory practice, presented its latest State of the Industry findings at the 2023 Association of Luxury Suite Directors (ALSD) Design & Build Conference, which took place July 9-11, 2023, at the JW Marriott in Indianapolis. Hunden's annual State of the Industry report highlights data-driven predictions and trends in major league sports facilities.
Rob Hunden, Hunden's President & CEO, presented the findings to attendees, including statistics on facility development and renovation expenditures, specific profiles of all new and proposed major league facilities, and cost trends. Globally, the spectator sports market is a $185.34 billion industry in 2023, and premium seating and experiences are an essential contributor to revenue generation for pro and college teams.
"Premium seating directors are charged with managing one of the most crucial revenue sources at major venues, and it's imperative that they stay abreast of trends, opportunities, and challenges affecting sports facilities and event hospitality," says Hunden. "We've enjoyed our partnership with the ALSD and will continue to share our expertise to support its members' success."
Highlights from Hunden's State of the Industry report include:
- Major League Sports Projects: In 2023, there are about $4.5 billion worth of major league sports projects under construction. The total spending on new major league facilities is increasing, despite fewer venues being constructed.
- Cost per Venue: The average cost per new venue across the three most recent openings varies across different leagues. The NFL has the highest average cost at $2.8 billion, followed by MLB at $1.6 billion, NBA at $1.3 billion, NHL at $946 million, and MLS at $643 million.
- Renovations: Over the past 10 years, an average of nearly $1 billion has been spent per year in major league renovations across the five leagues.
- New Builds and Renovations in Major Leagues: The report provides updates on new builds and renovations in each of the major sports leagues, including NBA, NFL, MLB, NHL, and MLS.
Hunden also presented insights on mixed-use district trends and the increasing role they play in funding and development models for new major league venues. Mix-used districts have been proposed or initiated in several major league efforts, including:
- Houston Astros Minute Maid Park
- Cleveland Browns
- Rogers Place ICE District (Edmonton, Canada)
- San Jose Sharks SAP Center
- Honda Center Entertainment District (Anaheim, CA)
"Team owners see a diversified asset base of real estate as key to estate planning, especially if the team is their primary asset," explained Hunden. "More important, these districts create a sustainable mixed-use neighborhood model if well-conceived and executed, as well as a basis for new tax funding streams for any public investment in the area."
Rob Hunden's full presentation, State of the Industry 2023, is available for download at https://hunden.com/downloads/
About Hunden Partners
Hunden Partners is a leading real estate and destination development consulting firm, with professionals in Chicago, San Diego, and Minneapolis. The firm offers a full range of advisory, market and financial feasibility, economic and impact analyses for specialty destination assets such as sports facilities, mixed-use, and entertainment districts, convention and expo centers, hotels, entertainment venues, theme parks, recreation facilities, and other economic development projects.
In addition, Hunden also provides the developer solicitation and selection experience to move projects from concept to funding and execution. Hunden's clients include cities, states, universities, DMOs, authorities, and private developers. Hunden has worked on more than 1,000 studies and has had a hand in the development of more than $20 billion in open or underway projects around the world.
For more information, please visit: https://hunden.com
Contact Information:Laura Sportiello
Vice President, Business Development
laura@hunden.com
312-643-2500
Original Source: Hunden Partners Presented State of the Industry Findings to Association of Luxury Suite Directors 2023
PrivateAuto Streamlines Peer-to-Peer Car Sales With New ‘DealNow’ Feature
ALPINE, Utah, August 8, 2023 (Newswire.com) - PrivateAuto, the transactional marketplace for private-party auto sales, announced today the launch of its new DealNow feature for fast-track vehicle transactions.
DealNow allows buyers and sellers who have found each other through other means to utilize PrivateAuto's suite of transactional tools to securely and seamlessly complete the sale.
Sellers can bypass the listing process and invite a buyer to "DealNow" on PrivateAuto to take advantage of the platform's robust transactional capabilities. Similarly, a buyer can invite a seller to DealNow.
DealNow is ideal for buyers and sellers who meet on other platforms such as Craigslist or Facebook Marketplace, which lack transactional infrastructure and safeguards.
"With DealNow, we're giving buyers and sellers the best of both worlds: the ability to connect on their own terms combined with our robust transactional infrastructure to get the deal done," said PrivateAuto CEO Brad Parker. "If you've already found your next car or found a buyer for your current vehicle, you can skip the marketplace and go straight to our seamless checkout flow. DealNow takes out the friction associated with private-party sales so car buyers and sellers can get the deal done safely and conveniently."
DealNow equips users with PrivateAuto's full suite of tools to facilitate and safeguard transactions, including integrated financing, scheduling, inspections, escrow-like safeguards, insurance, instant digital payments (with no transaction fees), electronic bill-of-sale signing, and vehicle-transport coordination.
Buyers and sellers initiate the DealNow process by inviting the other party, then proceed through PrivateAuto's fast-track workflow to schedule the test drive, electronically sign the bill of sale, and transfer funds. For the latter, PrivateAuto Pay's $1 million instant transfer capability works 24/7/365 and is fee-free.
"For too long, peer-to-peer vehicle sales have been an inefficient hassle," added Parker. "With DealNow, we've created the first truly streamlined end-to-end solution tailored specifically for direct buyer-seller connections. It removes the risks and headaches traditionally associated with private-party sales. We're excited to be pioneering fast, secure and seamless transactions."
The DealNow feature is available starting today for PrivateAuto users across the United States. For more information, visit https://privateauto.com/dealnow.
About PrivateAuto
PrivateAuto is the first transactional marketplace that simplifies and secures the private-vehicle sale process. Founded in 2020, the company provides a self-service platform that enables a safe, simple, and speedy experience for vehicle buyers and sellers. With identity verification, e-signing the bill of sale, and instant transfer of funds, PrivateAuto sets the standard for peer-to-peer car sales. For more information, visit privateauto.com or follow @privateauto on Instagram, YouTube or LinkedIn.
Contact Information:Caleb Whittle
Head of Marketing
pr@privateauto.com
Original Source: PrivateAuto Streamlines Peer-to-Peer Car Sales With New 'DealNow' Feature
BEK TV’s Dakota Cowboy Picked Up by Global Rodeo Group
BISMARCK, N.D., August 8, 2023 (Newswire.com) - BEK TV is excited to announce that its hit show, Dakota Cowboy, is now streaming on the Professional Rodeo Cowboys Association (PRCA) Pro Rodeo YouTube channel, bringing the thrilling world of North Dakota rodeo to a wider audience. Viewers can catch all action-packed episodes at youtube.com/@PRCAProRodeo.
"We are so excited to have established a great partnership with the PRCA," says Bill Palanuk, Co-Host of Dakota Cowboy on BEK TV.
The Professional Rodeo Cowboys Association (PRCA) is the oldest and largest rodeo-sanctioned body in the world. Its YouTube channel is a premier destination for rodeo fans, featuring exciting event coverage, interviews, highlights, and exclusive behind-the-scenes content. "We feel our viewers will find much interest in the content produced by Dakota Cowboy," said Amy Fast, PRCA Digital Assets Manager. "We look forward to growing together with Dakota Cowboy while expanding our available content."
Dakota Cowboy is an hour-long original BEK TV production, hosted by Palanuk, aka Wild Bill, and Tisa Peek, horse trainer, rodeo athlete, and author. The weekly program celebrates the ways of Western living in North Dakota, highlighting the rich heritage and traditions of rodeo. Dakota Cowboy provides exclusive content, interviews with renowned rodeo athletes, and shines a light on young student rodeo athletes.
Dakota Cowboy airs on BEK TV each Sunday evening at 7 p.m. CT. The program also streams live on bek.news, and all episodes are archived on bek.news/dakotacowboy.
BEK TV is the only North Dakota-owned broadcasting company remaining in the state and produces more local content than any other television station. It broadcasts statewide on television and across the world via the internet. BEK TV consists of content from both BEK Sports and BEK News.
BEK TV is the largest television broadcaster of high school and collegiate athletics in the region, broadcasting nearly 400 live events each year. The network also is the state's top producer of original news and opinion programming. BEK TV is the 2021 and 2022 winner of the Bismarck Tribune's Best of the Best contest, selected by the public for "Best Television Station."
The concept behind BEK's news programming is to provide a media service platform that is unscripted and uncensored. BEK TV hosts are untrained broadcasters who share their perspectives and views on topics and issues that North Dakotans are talking about. The BEK network never controls the messaging.
BEK TV broadcasts on television and across the world via the internet. For more information, log onto bek.tv and bek.news.
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Contact Information:Julie Skaret
BEK Media Relations
julies@bektel.coop
1.701-475-1318
Original Source: BEK TV's Dakota Cowboy Picked Up by Global Rodeo Group
Native American Guardian’s Association (NAGA) Sends Washington ‘Commanders’ Demand Letter to Reclaim the Redskins Name
NEW YORK, August 7, 2023 (Newswire.com) - Today, the Native American Guardian's Association (NAGA) President, Eunice Davidson, issued a demand letter (available on EducateNotEradicate.org) to the Washington "Commanders" owners and key leadership as part of NAGA's "Educate Not Eradicate" National Advocacy Campaign against cancel culture. The letter cites the "Commanders" willful denial of U.S. history and the Native American components of the founding of America and U.S. Constitution. NAGA has also co-sponsored an online petition that can be found at CHANGE.ORG/ReclaimTheRedskins, which went viral with support from Americans across the nation.
"The organic growth of this petition proves our position is the right one," said Healy Baumgardner, Senior Advisor to NAGA and President of Global Impact Campaigns. "We intentionally did not insert politics into this online petition, and the demographics prove that cancel culture is not accepted by most Americans. For the Commanders' owners and leadership to make such a short-sighted decision to cancel the Redskins based on their self-created DEI and ESG feelings without listening to their consumers is not only offensive, it's pure insanity. How did that work out for Bud Light? Not so well," Baumgardner added.
The letter states (excerpts): "The Native American Guardian's Association (NAGA) has developed a 'Promise to ALL AMERICANS' as a statement of principle and policy. All Americans ... should be eager to stand up for the dignity of EVERY AMERICAN that is under assault in today's increasingly nonsensical culture wars. This is a 'LINE IN THE SAND' pledge that reinforces undeniable history of the NATIVE AMERICAN assisting the founding of the United States with Native American principles used by the Founding Fathers in the United States Constitution — and, EVERY AMERICAN's right to the 1st and 14th, and every Amendment to the Constitution and not be targets of the Diversity, Equity & Inclusion (DEI) and Environmental, Social & Governance (ESG) cancel culture environment.
"Americans see they are losing their rights because of a vicious cancel culture that shows little care for their concerns or civil liberties; It is time to support leaders, brands and organizations who will stand with EVERY AMERICAN, rather than fighting against them."
NAGA further cites its fact-based wins supporting cases in the state and federal courts: "In 2015, our organization filed an amicus brief on behalf of The Redskins in support of their successful First Amendment case, which overruled a finding by the U.S. Patent Office that the name could not be registered as a trademark because it was derogatory. Our fact-based arguments have won in both state and federal courts that NBC Sports even headlined 'Redskins win trademark fight over name as Justice Department gives up' (by Charean Williams, published June 29, 2017). In fact, we strongly disputed that conclusion and, indeed, a subsequent poll by The Washington Post released in July 2016 indicated that 90% of American Indians agreed with us. You simply cannot erase history and target the Native American community by eradicating the name 'Redskins' while being an organization that fosters other Constitutional rights, including players who don't honor the American Flag and kneel during our National Anthem."
"In 2023 America, this oppression, and arbitrary and capricious recognition of U.S. history and Constitutional rights is not acceptable. We are standing our ground. If you don't acknowledge history, we are doomed to repeat it. The coin has been tossed; we choose to honor and defend," stated Eunice Davidson, NAGA President.
NAGA encourages all Americans to visit www.EducateNotEradicate.org and join our movement.
Contact Information:Healy Baumgardner
President
healy@globalimpactcampaigns.com
(202) 670-6557
Eric Spracklen
Senior Advisor
eric@globalimpactcampaigns.com
(202) 670-6557
Original Source: Native American Guardian's Association (NAGA) Sends Washington 'Commanders' Demand Letter to Reclaim the Redskins Name
VALO Holdings Group CEO Jana Seaman and SurgeTrader Stand in Solidarity With Veterans Integration Center in Albuquerque During Gold Rush Rally’s Fourth Stop
ALBUQUERQUE, N.M., August 7, 2023 (Newswire.com) - VALO Holdings Group, a prominent investment firm, and SurgeTrader, a leading prop trading platform, proudly announce their unwavering support for the Veterans Integration Center (VIC) as the designated charity for the fourth stop of the illustrious Gold Rush Rally held in June of this year. CEO Jana Seaman of both VALO Holdings Group and SurgeTrader, along with their dedicated teams, demonstrated their commitment to philanthropy by participating in the rally and contributing to the Veterans Integration Center.
The Gold Rush Rally, renowned for its exhilarating coast-to-coast journey featuring an impressive fleet of high-performance sports cars, took a meaningful turn at its fourth stop. In line with their staunch commitment to corporate social responsibility, the SurgeTrader team pledged donations at each stop of the rally to make a tangible difference in the communities they visit. For the Albuquerque leg of the rally, they chose to direct their support towards the Veterans Integration Center.
As the VALO Holdings Group team arrived in Albuquerque on June 12th, they not only brought the excitement of the rally but also a heartfelt donation to the Veterans Integration Center. This substantial contribution underscores the organizations' shared dedication to assisting veterans and their families, honoring their service and sacrifice.
"The Gold Rush Rally is a thrilling event that allows us to channel our passion for high-performance automobiles into a powerful force for good," remarked Jana Seaman, CEO of SurgeTrader. "By supporting the Veterans Integration Center, we aim to raise awareness and provide critical resources to those who have valiantly served our country. We invite everyone to join us in our commitment to making a positive impact."
The Veterans Integration Center, a non-profit organization founded in 2005, has been a steadfast resource for veterans and their families in New Mexico. Their comprehensive array of services encompasses housing assistance options, peer support, food, and nutrition programs, as well as case management services. The VIC's multifaceted approach addresses the complex needs of veterans and their families, ensuring their well-being and successful reintegration into civilian life.
The collaboration between VALO Holdings Group, SurgeTrader, and the Veterans Integration Center symbolizes their shared vision of contributing positively to communities and enhancing the lives of those in need. By supporting the VIC, the organizations underscore their commitment to honoring veterans' sacrifices and championing their ongoing well-being.
To learn more about the Veterans Integration Center and its impactful mission, please visit https://www.nmvic.org.
About VALO Holdings Group:
VALO Holdings Group is a leading global investment firm with a diverse portfolio of businesses spanning various industries. Committed to creating positive change, VALO Holdings Group focuses on strategic investments and philanthropic efforts that empower communities and drive innovation. More at https://www.valoholdings.com.
About SurgeTrader:
SurgeTrader, LLC is a US-based proprietary trading — or prop trading — firm, with a mission to accelerate trader funding and provide capital to profitable traders. Once traders have proven they can be profitable by passing an Audition, they become a part of the SurgeTrader funded trader community, with access to an account funded with up to $10 million in buying power. For more information on SurgeTrader or how to become a funded trader, visit https://www.surgetrader.com.
Contact Information:Jana Seaman
CEO
inf@valoholdings.com
239-249-5806
Original Source: VALO Holdings Group CEO Jana Seaman and SurgeTrader Stand in Solidarity With Veterans Integration Center in Albuquerque During Gold Rush Rally's Fourth Stop