Real Estate Technology, Home and Design
Businesswire | July 04, 2023
Alarm.com has partnered with California-based builder New Home Co. to power a suite of innovative smart home technology services for new homeowners as part of the launch of the updated smart home program called EVO. New Home Co. buyers will receive an EVO base system that includes a 7” touchscreen smart home panel, Alarm.com video doorbell, smart thermostat, smart garage opener, smart ready switches, and more, all accessible through a single app.
In 2022, New Home Co. built 790 homes, and the business has plans to aggressively expand its footprint into new markets this year with this new integrated package. The collaboration was driven by Alarm.com’s Builder Program, an award-winning initiative that facilitates new partnerships between builders and Alarm.com service providers, who will play an integral role throughout.
“We are excited to partner with New Home Co. as the power behind their suite of innovative services to offer new homeowners the best in smart home technology. Our platform provides a seamless way for builders, like New Home Co., to build and sell homes while providing a world-class smart home solution for their buyers,” said Shawn Barry, Alarm.com Vice President, Strategic Sales. “We continue to see homebuyers’ enthusiasm for smart home technology grow and we believe that our service providers offer a huge advantage for builders looking to rapidly deploy smart home solutions.”
“Through our partnership with Alarm.com, we’re offering an array of modern digital amenities to provide our buyers the systems that best meet their lifestyle needs,” said Megan Eltringham, Corporate Vice President of Marketing for New Home Co. “We’re thrilled to have Alarm.com join us in bringing the most intelligent and well-designed homes to the market.”
New Home Co. is a western regional builder and real estate development company headquartered in Irvine, Calif. It has divisions within select growth markets in California, Arizona, Colorado, Oregon, and Washington. New Home Co. is one of the most awarded homebuilders in the United States. It was named 2019 Builder of the Year by Professional Builder and is a multi-year recipient of “The Eliant” for providing the Best Overall Customer Experience in North America in the Eliant Homebuyers’ Choice Awards. New Home Co. has won hundreds of awards in the homebuilding industry for its design and planning excellence, dozens of “Community of the Year” awards, and was recognized five straight years for creating the best community or master plan in all the United States. For more information, visit NewHomeCo.com.
Alarm.com-powered systems are professionally installed and monitored and are customized for each home and family. For more information on the broader Alarm.com ecosystem of products and services, visit https://alarm.com. For more information about the Alarm.com Builder Program, visit https://alarm.com/builder.
About Alarm.com
Alarm.com is the leading platform for the intelligently connected property. Millions of consumers and businesses depend on Alarm.com's technology to manage and control their property from anywhere. Our platform integrates with a growing variety of Internet of Things (IoT) devices through our apps and interfaces. Our security, video, access control, intelligent automation, energy management, and wellness solutions are available through our network of thousands of professional service providers in North America and around the globe. Alarm.com's common stock is traded on Nasdaq under the ticker symbol ALRM. For more information, please visit alarm.com.
AboutNew Home Co.
New Home Co. is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in Southern California, Northern California, Arizona & Colorado. Founded on the belief that first and foremost, we are in the people business. Our employees are the best in the industry and the dedication of our entire organization drives our success. In August 2014, we were exceptionally pleased to be recognized as one of the “Best Places to Work” by the Orange County Business Journal and a Top Workplace by the O.C. Register.
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Market Outlook, Real Estate Investment
Businesswire | July 11, 2023
McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced it has acquired the assets of Inland Leasing and Storage, a regional provider of portable storage solutions in the Colorado market. The transaction was funded with borrowings from McGrath’s revolving credit facility. The acquisition adds approximately 600 assets to McGrath’s portable storage operations in Colorado.
“Our acquisition of Inland Leasing and Storage is highly complementary to our portable storage rental business,” said Joe Hanna, President and CEO of McGrath. “Consistent with our ongoing capital deployment and geographic expansion strategies, this opportunity provides us with accelerated regional density and a high-quality fleet to serve the Colorado market. We look forward to expanding our market share with a new set of customers.”
About Inland Leasing & Storage
Inland Leasing & Storage is a locally owned and operated trailer and storage container rental and sales supplier serving a broad range of businesses with branches located in Loveland, Colorado, Chicago, Illinois and Tucson, Arizona. With our team of quality employees and proven sales force, Inland Leasing & Storage provides reliable storage and rental solutions for many personal, industrial, agricultural, and commercial business needs. This type of service is essential to a smoothly run operation for any industry. Inland Leasing & Storage philosophy is to fill the needs of customers when they need it most. From daily rentals to long term leases, Inland Leasing & Storage is your solution! We offer semi trailers for local and long distance transportation needs and also trailers & storage containers for storage only purposes. From 40' to 53' long enclosed trailers and flatbeds to 8' wide x 10' long to 10' wide x 40' long storage containers we are able to assist you in any storage need possible. Choose from 1 day rentals to long term leases. Our customer base varies from regional clients to single facility companies and the family homeowners. Trailer & Container modifications are also available. Call or e-mail us for more information or to get a quote on your storage needs.
AboutMCGRATH
McGrath RentCorp (Nasdaq: MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979, McGrath’s operations are centered on modular solutions through its Mobile Modular and Mobile Modular Portable Storage businesses. In addition, its TRS-RenTelco business offers electronic test equipment rental solutions. The Company’s rental product offerings and services are part of the circular supply economy, helping customers work more efficiently, and sustainably manage their environmental footprint. With over 40 years of experience, McGrath’s success is driven by a focus on exceptional customer experiences. This focus has underpinned the Company’s long-term financial success and supported over 30 consecutive years of annual dividend increases to shareholders, a rare distinction among publicly listed companies.
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Market Outlook, Real Estate Technology
PRnewswire | July 19, 2023
MRI Software, a global leader in real estate solutions, announced that it has expanded its offerings to the Canadian market through the launch of its first cloud instance in Canada. MRI clients in Canada can now easily access the latest solutions from MRI and host their data in country, ensuring compliance with privacy and security regulations.
"We're thrilled to grow our footprint in Canada, demonstrating our continued commitment to ensuring our clients' success and supporting the larger Canadian market," said John Ensign, president and executive managing director of North America for MRI Software. "In fact, MRI was actually one of the first PropTech companies to support property management businesses in Canada, and in recent years, we've significantly expanded our portfolio of solutions in the region. The new cloud instance marks an important milestone in our ongoing efforts to deliver the best services and products to this market."
Through the new cloud instance, Canadian clients can take advantage of MRI Agora™, the company's next-generation real estate platform. Built on an AI-first foundation, MRI Agora empowers businesses to automate mundane tasks through connected data and shared services, and MRI Agora Insights unearths actionable portfolio trends to drive better business decisions. The hyper-connected platform bridges MRI's solutions with partner and third-party systems, providing users with the flexibility to control their technology strategy and embrace their applications and processes in a unified experience -- ultimately driving competitive advantage. Additionally, Canadian clients using MRI Property Management X and MRI Angus can now leverage MRI Agora to access the broader range of advanced capabilities from MRI and the PropTech ecosystem.
"MRI clients in Canada can now enjoy enhanced performance, security and compliance," says Terry Keller, MRI's senior vice president of information technology. "The ability to access the most advanced solutions from MRI and host data within Canada will give clients unprecedented insights into their property portfolios and clear the way for future scalability."
MRI has grown its longstanding presence in Canada, and the number of employees in the region has increased by over 400% within the past two years. In addition to extending access to the MRI Agora platform in the region, MRI has also expanded its facility management and energy management solutions. MRI's cloud instance in Canada is part of the Microsoft Azure data center footprint in Toronto and Quebec.
MRI's clients can learn more about today's announcement by registering for its upcoming Canadian Client Summit, which will be held July 27 at the Delta Hotel by Marriott in Toronto.
About MRI Software
MRI Software is a leading provider of real estate software solutions that transform the way communities live, work and play. MRI's open and connected, AI-first platform empowers owners, operators and occupiers in commercial and residential property organizations to innovate in rapidly changing markets. MRI has been a trailblazer in the PropTech industry for over five decades, serving more than six million users worldwide. Through innovative solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to realize their vision of building thriving communities and stronger businesses. For more information, please visit mrisoftware.com.
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