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Two Wall Street analysts are seeing warning signs for big landlords like Invitation Homes. Raymond James downgraded its rating of Invitation Homes for the first time ever. Single-family rental companies face new challengesHigh interest rates mean that it costs substantially more for single-family rental companies to buy up thousands of homes. In key markets like Texas, Florida, and Georgia, property taxes may increase by 20 to 30% year-over-year, according to Raymond James. According to Carl and Rosivach, Invitation Homes' rent collection rolls are 2% lower than they were pre-pandemic, while on-time payments are 5% lower than they were pre-pandemic.
ECHO CHAMBER Intrepid visitors in Riverbend Cave, one of several caves you can explore at Vancouver Island’s Horne Lake Caves Provincial Park. WE WERE about 120 feet from the mouth of one of the caves in British Columbia’s Horne Lake Caves Provincial Parks when Ryan Nelson, our 29-year-old guide, suggested we find a stable perch on the water-slicked rocks beneath our feet. “In every cave,” Ryan told us, “you have the entrance zone, the twilight zone, and a zone where no light at all penetrates during a complete 24-hour cycle. Now, turn your lights off.” Desmond, my son, and I obeyed, flicking switches on our helmets. Suddenly there was nothing left in the world but the sound of a subterranean river rushing through limestone.
Lena Horne made history this week as the first Black woman to have a Broadway theater named in her honor. The Brooks Atkinson Theatre on West 47th Street, near Broadway in Manhattan’s Theater District, was renamed the Lena Horne Theatre on Tuesday in recognition of the famed performer and civil rights activist. The Lena Horne Theatre seats more than 1,000 people and is one of nine Broadway theaters throughout New York City belonging to the Nederlander Organization. The Lena Horne Theatre was previously named the Brooks Atkinson Theatre and the Mansfield Theatre. Horne won several awards during her career, including two Grammys, in 1982 and 1996, along with a Lifetime Achievement Award in 1989.
CNN —A theater on Broadway has been officially renamed in honor of the late actress and civil rights activist Lena Horne. Horne is the first Black woman to have a theater named in her honor. NEW YORK, NEW YORK - NOVEMBER 01: A view of signage at the Nederlander Organization's unveiling of Broadway's new Lena Horne Theatre on November 01, 2022 in New York City. It seats 1,069 and is one of The Nederlander Organization’s nine Broadway theatres. In September, the Shubert Organization re-christened a Broadway theater to honor actor James Earl Jones.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're preparing for home prices to fall, says Raymond James' Buck HorneBuck Horne, director of equity research, homebuilding, and residential REITS at Raymond James, joins 'Power Lunch' to discuss opportunity in the home building space, cost-to-own and cost-to-buy spread differentials and dramatic drops in lumber prices.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe believe housing is in a structural supply deficit, says Raymond James' HorneBuck Horne, Raymond James housing and REIT analyst, joins 'Power Lunch' to discuss how home prices will have to adjust, if the home price adjustment will be regional or national and more.
Discovery abruptly axed, then reinstated, its longstanding TV writers' training program. Numerous TV writers told Insider they would not have been able to establish their careers without the TV workshop. The WBTV workshops not only developed emerging talents, but also helped ease their way into paid work in Hollywood. But even with Zaslav examining every asset across the company to find a promised $3 billion in synergies, the WBTV writers' and directors' workshops seemed unlikely targets. "The training is just phenomenal," a third alum of the writers' workshop told Insider.
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