Advertisements



Sobrato sold 2 to properties near Apple"s Infinite Loop campus for $30M

The local real estate development company sold its former headquarters and another property next door to a Southern California investor......»»

Category: topSource: bizjournalsNov 24th, 2021

Sobrato sold 2 to properties near Apple"s Infinite Loop campus for $30M

The local real estate development company sold its former headquarters and another property next door to a Southern California investor......»»

Category: topSource: bizjournalsNov 24th, 2021

Asheville boasts one of the longest foliage seasons in the US - these 10 central hotels offer striking views

These are the best hotels in Asheville, NC including Grand Bohemian, the Biltmore, Cambria, the Renaissance, Kimpton, and Omni Grove Park Inn. When you buy through our links, Insider may earn an affiliate commission. Learn more. Omni Hotels Asheville is a big city with a small-town feel in North Carolina. Asheville is near national parks and is known for vibrant dining, breweries, art, and music. Asheville's best hotels are also varied, from boutique inns to B&Bs and brand name luxury. Table of Contents: Masthead StickyWith unbelievable mountain views, a thriving food and drink scene, an emphasis on nature, and a penchant for the arts, Asheville is a must-visit destination. Sitting on "America's Prettiest Drive," the Blue Ridge Parkway, it has mild seasons year-round and one of the longest, most vibrant fall foliage seaons in the US.I've been visiting Asheville for the past decade, and throughout the pandemic, it made it my go-to road trip for its accessible location, outdoor activities, and how safely it's handled COVID-19. Follow my lead and plan a trip to Asheville with a stay at one of the following standout hotels that range from cozy bed and breakfast in a historic neighborhood to trendy downtown high rise, and the lap of luxury at a five-star spa hotel. Browse the best Asheville hotels below, or jump directly to a specific area here:The best hotels in AshevilleFAQ: Asheville, NC hotelsHow we selected the best hotels in AshevilleMore of the best hotels on the East CoastThese are the best hotels in Asheville, sorted by price from low to high. Cambria Downtown Ashville Floor-to-ceiling windows offer direct views of Pisgah Mountain. Booking.com Book Cambria Downtown AshevilleCategory: BudgetNeighborhood: DowntownTypical starting/peak prices: $128/$515Best for: Couples, friends, families, solo travelers, business travelers On-site amenities: Restaurant, bar, fitness room, convenience store, meeting roomsPros: Every room is thoughtfully designed with wide foyers, Bluetooth mirrors in the bathroom, and desks and beds facing floor-to-ceiling windows with mountain views.Cons: TVs only have a few channels and don't connect to streaming services, so don't count on a lot of in-room entertainment.Located next to historic Grove Arcade, the Cambria Downtown Asheville places you in an ideal location to explore Downtown's revered restaurants, bars, breweries, and galleries on foot.The rooms are loft-style, with floor-to-ceiling windows offering direct views of Pisgah Mountain and more space to spread out than most standard hotel rooms. As you walk in, a foyer gradually widens, opening up to a space marked by crisp white beds, a desk, plenty of electrical outlets and USB ports, wood floors, and exposed red brick walls with eye-catching splashes of blue. The bathroom is spacious with a large vanity, walk-in showers, bathtubs in some rooms, and the coolest part, Bluetooth mirrors that can play your music while you get ready.A sundry in the lobby is packed with healthy meals to prepare in your in-room microwave, or head to Hemingway's, a Cuban restaurant and bar on the fourth-floor with a terrace and fire pits. Locals pack this rooftop on weekend nights, so make a reservation to grab a seat. COVID-19 procedures are available here. Renaissance Asheville Hotel Rooms are comfortable, clean, and have mountain views. Marriott Book Renaissance Asheville HotelCategory: Mid-rangeNeighborhood: DowntownTypical starting/peak prices: $131/$512Best for: Couples, solo travelers, business travelers, Marriott loyalistsOn-site amenities: Restaurant, fitness room, pool, meeting rooms, marketPros: This Renaissance has the largest Junior Olympic saltwater swimming pool in Asheville.Cons: The restaurant is only open for breakfast, and the only other food served at the hotel are the snacks and packaged meals available at the on-site market. When you need a nice, but moderate Downtown Asheville hotel with a full list of modern amenities from a trusted brand, choose the Renaissance.I stayed here on a whim as I was passing through Asheville in the height of COVID-19 in 2020, and wanted a hotel brand I knew I could trust to handle the pandemic safely. The Renaissance, a Marriott Bonvoy property, did this exceptionally well and impressed me with their levels of safety and cleanliness.The Renaissance is on the edge of Downtown Asheville and every room has floor-to-ceiling windows that allow you to wake up to see the sunrise over the Blue Ridge Mountains. Rooms are spacious and comfortable with plush beds, textured black headboards, a desk, and a sitting area.Asheville was nicknamed "Bee City USA" in 2012 for its honey bee population and commitment to educating the public about how important bees are for the environment. Staying true to this oath, this hotel houses "bee boxes" from the Bee Institute on its roof to promote sustainability.COVID-19 procedures are available here. 1900 Inn on Montford The lavish, spa-like Cloisters Suite is a top pick for romance and relaxation. Booking.com Book 1900 Inn On MontfordCategory: BoutiqueNeighborhood: Montford Historic DistrictTypical starting/peak prices: $145/$605Best for: Couples, luxury travelers, solo travelers, foodiesOn-site amenities: Dining room, daily breakfast and social hour, live music, games, all-day snacksPros: Book the luxurious 1,300-square-foot Cloisters suite, which has a private garden and a large spa room with a two-person Whirlpool, shiatsu massage, air bath, and walk-in shower.Cons: This hotel is not great for families as children under the age of 12 are not permitted.Perched on a hill in a historic residential neighborhood, just eight blocks from the edge of Downtown Asheville, the Inn on Montford is charming, cozy, and well-placed.This Arts and Crafts style bed and breakfast has eight rooms, each with King beds, gas fireplaces, bathrooms with fiber-optic starry floors, Roman baths, and color-changing, LED-lit vanities.Don't miss the daily cookie selection; one of the innkeepers, Shawnie, makes them herself and prepares a mix of mouthwatering flavors like salted chocolate chip, oatmeal raisin, or chocolate-orange.If you're on vacation with your special someone, make it extra romantic and book the Cloisters suite, in the Carriage House, which has 1,300 square feet of space, a private garden, a huge living room, a kitchenette, a bar, a fireplace, and a luxurious 68-square-foot spa room with a two-person Whirlpool tub, shiatsu massage, air bath, and a huge walk-in shower. COVID-19 procedures are available here. Grand Bohemian Hotel Asheville, Autograph Collection Art and design feature prominently, with statement decor in guest rooms. Marriott Book Grand Bohemian Hotel Asheville, Autograph CollectionCategory: LuxuryNeighborhood: Biltmore VillageTypical starting/peak prices: $158 /$600Best for: Couples, families, solo travelers, business travelers, Marriott loyalistsOn-site amenities: Restaurant, bar, art gallery, spa, fitness room, meeting roomsPros: Grand Bohemian Asheville is located directly across the street from the entrance to the famed Biltmore Estate, and the on-site art gallery has local and regional art and jewelry for sale.Cons: In some room categories, the bathroom is separated from the bedroom by a thin curtain rather than an actual door, which isn't ideal for privacy or modesty. Request one with a door if you're traveling with mixed company.This art-driven hotel is the best hotel in Biltmore Village, directly across the street from the entrance to famous Biltmore Estate, known as "America's Largest Home," which was built by George Vanderbilt in 1889 and has a world-class winery, historic gardens, popular restaurants, a farm and over 20 miles of nature trails.Like all Kessler boutique properties, this hotel is innately luxurious, but with a vibe that's creative, relaxing, and comfortable enough to make you feel at home. Art also features prominently, with an on-site art gallery filled with paintings, sculptures, glass art, and jewelry by local artists that are also available for sale.As such, the atmosphere is rich and enticing, with an entrance flanked by a Tudor-style driveway, dramatic candelabras, and heavy burgundy drapes.Inside, stylish, but quirky rooms and common areas juxtapose oil and contemporary paintings and historic busts with surprising sculptures, like a wild hog wearing a tacky tourist hat, and bright purple low lighting that matches velvet chairs alongside fixtures that look like antlers. The rooms are big and enticing, with tufted teal headboards, lamps with tree branch bases, brown and teal-patterned carpeting, and sleek bathrooms with views of the Blue Ridge Mountains from the soaking tub.COVID-19 procedures are available here.Read our full hotel review of Grand Bohemian Hotel Asheville Village Hotel Village Hotel is one of three accommodation options housed within the 8,000-acre Biltmore Estate. Booking.com Book Village HotelCategory: Mid-RangeNeighborhood: Biltmore VillageTypical starting/peak prices: $170 /$705Best for: Families, couples, solo travelersOn-site amenities: Restaurants, bars, pool, spa, fitness room, meeting roomsPros: Village Hotel is located in Antler Hill Village, on Biltmore Estate, right next to a slew of family-friendly restaurants, activities, a petting zoo, a winery, and over 20 miles of nature trails. Cons: Transportation around the estate is currently unavailable due to COVID-19, so guests will need to factor a rental car into the cost of their trip.Village Hotel is one of three accommodation options housed within the 8,000-acre Biltmore Estate, and it's the best pick for families. Located in Antler Hill Village, just steps from the winery, the famed Cedric's Tavern (named after the Vanderbilt family dog), a petting zoo, the outdoor adventure center, and over 20 miles of nature trails, the hotel offers tons to do.The entry-level Village Double Rooms are simple, without fancy bells and whistles, but are modern and spacious with a minimalist black, white and gray color scheme, comfortable double beds, a walk-in shower, and a charming window seat for a vantage point over the beautiful grounds.In addition to all of the aforementioned perks of staying at Biltmore Estate, guests can also dine at Village Social for kid-friendly breakfast, lunch, and dinner menus, or go to The Creamery for "Winky Bar sundaes," which is a waffle cone filled with black cherry ice cream, whipped cream, and a cherry.COVID-19 procedures are available here. Kimpton Hotel Arras Kimpton Hotel Arras has a prime downtown location and impressive perks, especially for pets. Booking.com Book Kimpton Hotel Arras Category: Boutique Neighborhood: DowntownTypical starting/peak prices: $171/$760Best for: Couples, solo travelers, business travelers, travelers with pets, IHG loyalistsOn-site amenities: Restaurant, bar, meeting rooms, fitness center, seasonal book program, free essential toiletriesPros: This hotel boasts a super central location in downtown Asheville, right on Pack Square. Animals may stay at no extra charge and receive special pet amenities.Cons: With its prime downtown location and resident and local foot traffic, this hotel can be loud and crowded.When in Downtown Asheville, look up and you'll spot the Kimpton Hotel Arras; it's the tallest building in all of Asheville.The 128 rooms, suites, one-bedroom, and two-bedroom luxury condos are bright, airy, and filled with natural woods, white and neutral fabrics, textured walls, art by local Asheville artist Catherine Murphy, a desk, and floor-to-ceiling windows facing Downtown Asheville and the Blue Ridge Mountains.In even the most basic Queen Room, the vanity and bathroom area feels luxurious with a huge walk-in glass shower, marble accents, warm lighting, a dark wood vanity, a large mirror, and a separate toilet.Indulge in drinks and a Mediterranean meal at District 42, and when the sun goes down on a pretty evening, grab a seat by the glass fire pits on the terrace and watch life in Downtown Asheville buzz by. All Kimpton hotels are pet-friendly, too, so bring your dog, cat, bird, iguana or any other animal for no charge. All pet companions are also pampered with perks like stylish feeding bowls, pet beds, treat bags, a ball, and more for free.COVID-19 procedures are available here. The Foundry Hotel Asheville Exposed brick and contemporary furnishings give off an industrial-chic vibe. Hilton Book The Foundry Hotel AshevilleCategory: BoutiqueNeighborhood: DowntownTypical starting/peak prices: $182/$684Best for: Couples, luxury travelers, solo travelers, families, Hilton loyalistsOn-site amenities: Restaurant, bar, fitness room, meeting rooms, courtyard with fire pitsPros: It's just two blocks walking distance from the heart of downtown Asheville, and offers Tesla car service and a Southern soul food restaurant by a six-time James Beard Award nominee.Cons: The internet connection was unreliable when I visited, which is hard for business travelers or those who like to be overly connected.Once the foundry and warehouse that forged steel for Asheville's famous Biltmore Estate, The Foundry Hotel Asheville is now a luxury boutique Hilton property next to Pack Square Park.An ode to the city's Black history, it's located in a historical enclave called "The Block," that was once a hub of African American community and business in the late 19th and 20th centuries.After sipping a glass of Champagne at check-in, make your way up to your room, which feels industrially luxe with exposed brick walls, all-white beds with cream tufted leather headboards, floor-to-ceiling mountain views, and eclectic wall art featuring period paintings and newspaper clippings in mixed oval and rectangular frames.Paying homage to its Black heritage, the on-site Benne on Eagle is a Southern soul food restaurant led by six-time James Beard Award nominee John Fleer. The hotel is just a five-minute walk from Downtown Asheville, but if you'd rather drive, The Foundry's Tesla car service can drop you off. COVID-19 procedures are available here. Abbington Green This charming B&B feels plucked from the English countryside. Booking.com Book Abbington GreenCategory: BoutiqueNeighborhood: Montford Historic DistrictTypical starting/peak prices: $229/$469Best for: Couples, luxury travelers, solo travelers, foodiesOn-site amenities: Dining room, spa, English gardens, daily breakfast and social hour, games, all-day snacksPros: Every room has a King bed (which is unique for most historic bed and breakfasts in Asheville) and TVs you can watch from the bathtub.Cons: Children under the age of 12 are not permitted, which isn't ideal for young families.The English-inspired Abbington Green is an award-winning bed and breakfast, sitting atop a hill with whimsical landscaping and prize-winning manicured gardens.The property has both a main and carriage house, seven rooms, one two-bedroom suite, a spa room, a dining room, and a living room with games, a piano, and a guitar.Every guest room has a King bed, which is unique for historic homes like these, as well as towel warmers, a fireplace, and luxury bathtubs with a view of the TV — perfect for a bubble bath with a glass of wine and your favorite movie.There's an on-site charging station for electric cars, daily breakfast, a social hour, and a beautiful veranda where you can watch the sunset over the Blue Ridge mountains. The warmth of innkeepers Dean and Cherie brings it all together, as they love to talk to their guests, swap travel stories, and make everyone feel right at home.For COVID-19 procedures, call (828) 251-2454. Sourwood Inn The owners spent more than 25 years in the wine industry, and their knowledge filters down to the overall experience of staying here. Booking.com Book Sourwood InnCategory: BoutiqueNeighborhood: Greater AshevilleTypical starting/peak prices: $235/$390Best for: Couples, luxury travelers, solo travelers, nature lovers, foodies, oenophilesOn-site amenities: Dining room, library, loop trails, wine and flower packages, gamesPros: The owners spent more than 25 years in the wine industry and brought that culinary experience to the hotel, giving guests farm-to-table dining, curated wine lists, in-room wine programs, and pairing dinners.Cons: The inn is a 20-minute drive from downtown Asheville on remote mountain roads, so you'll have to factor a rental car into your trip.This romantic bed and breakfast is a true hidden gem that sits largely under the radar in Asheville. Located right off the famous Blue Ridge Parkway, it's just 20 minutes from downtown, positioned on 100 acres of hilly landscapes that make it feel as if you're staying in a national park.There are 12 guest rooms in the cedar and stone-trimmed main house, with a separate Sassafras Cabin, all of which underwent a recent head-to-toe renovation. Rooms are airy and bright, welcoming sunlight through tall windows, plus light-colored walls, wood-burning fireplaces, balconies overlooking Reems Creek Valley, and soaking tubs with scenic Bullhead Mountain views.The owners spent a combined 25+ years in the wine industry, and brought that culinary knowledge to the inn through well-executed farm-to-table cuisine, curated wine lists, food pairings, as well as wine of the month and wine and dine packages that add value for serious oenophiles. COVID-19 procedures are available here. The Omni Grove Park Inn Sprawling grounds feel regal and are exceedingly beautiful. Tripadvisor Book The Omni Grove Park InnCategory: LuxuryNeighborhood: Grove ParkTypical starting/peak prices: $239/$1,049Best for: Couples, luxury travelers, business travelers, families On-site amenities: Restaurants, bars, fitness room, pools, spa, meeting rooms, sports complex, outdoor center, golf course, tennis courts, food foraging experiencesPros: Perfect for a honeymoon or couples getaway, this romantic hotel guarantees five-star service, a renowned subterranean spa, and an iconic view of the Blue Ridge Mountains at sunset from its restaurant, Sunset Terrace.Cons: As this is a luxury property, expect to pay premium prices for everything.Few resorts can say they've hosted 10 US presidents and every celebrity you can think of, from Gene Hackman and Helen Carter to Nick Carter and Barack Obama, but The Omni Grove Park Inn is one of them. Additionally, this historic resort, which opened in 1913 is famous for being a World War II internment camp for German diplomats, and served as the hotel and inspiration of choice for author F. Scott Fitzgerald over the course of two summers. Five-star service is unparalleled, with an exterior resembling a majestic stone palace that appears as if it's built right into the mountains. Overlooking 300 acres of hills, woodlands, and the Blue Ridge Mountains, the hotel also sits on a Donald Ross-designed championship golf course.From its famous terrace viewpoint, wander down the stone steps to the subterranean spa (it's so popular that you have to book six or eight weeks in advance to get an appointment) and discover hidden waterfalls along the way. Be sure to drink a glass of wine by one of two huge lobby fireplaces, and look up to see original light fixtures from the first day it opened.You'll likely pinch yourself watching the sunset over the mountains from dinner at Sunset Terrace. It's such an iconic view that, whether you stay at the Omni or not, everyone will ask if you saw it.COVID-19 procedures are available here. FAQ: Asheville, NC hotels What is the best area to stay in Asheville?Asheville is a revered food and drink destination and staying in downtown Asheville puts you within walking distance from many award-winning restaurants and breweries.If you're only in town to visit Biltmore Estate, you could stay in Biltmore Village, which is right across the street from the estate entrance, or at the Biltmore itself. Biltmore Village and Downtown Asheville are the two main attraction areas in Asheville and, luckily for visitors, they are only a 10-minute drive apart.Don't worry about not having a car; Uber and Lyft are everywhere in Asheville's popular areas, and it's easy to catch one to get to and from each. When is the best time of year to visit Asheville?Ask the locals, and they'll tell you there's no such thing as a "low season" in Asheville anymore. As such, the best time of year to visit Asheville is anytime. The award-winning restaurant and brewery scene is always available and the famous Biltmore Estate is a top attraction.If you're planning a fall visit, Asheville's 100+ deciduous trees give it one of the nation's longest fall foliage seaons, making it truly spectacular to visit in September and October. At this time of year, the leaves start to change along the iconic Blue Ridge Parkway, apple-picking season is in full swing, and temperatures drop to the 40s and 50s.Prices get slightly cheaper in January and February when snow and ice make driving in the mountains less appealing, and in March when it's cold and rainy. What are COVID-19 protocols in Asheville?Asheville has been very proactive about COVID-19 risk since the beginning of the pandemic, and stores, restaurants, and businesses strictly enforce local mandates. Currently, there are no restrictions on capacity and social distancing in restaurants, bars, and meeting spaces. Masks are required in all indoor locations in Buncombe County based on advice from medical experts and scientists. What is the best hotel in Asheville?I believe that The Omni Grove Park Inn is by far the best hotel in Asheville. It feels like staying in a palace built into the mountain, right on a championship golf course, with five-star service, a subterranean spa, and unbelievable views of 300+ acres of rolling green hills and the Blue Ridge Mountains in the distance. Staying here is the ultimate getaway, whether you're on your honeymoon, planning a girls spa weekend, or looking for a memorable place to spend the holidays. But with rooms hitting peak prices at $1,049 a night, it might not be an option for everyone. However, Asheville is filled with a range of wonderful boutique properties and larger hotels. For the best boutique hotel in Asheville, stay at the Abbington Green, an England-inspired bed and breakfast in the Montford Historic District with large and modern King rooms, daily breakfast, social hours, and beautiful English gardens.For the best hotels in downtown Asheville, the Kimpton Hotel Arras is a dog-friendly hotel right on Pack Square with beautiful and spacious rooms. And across from Grove Arcade, the Cambria Hotel Downtown Asheville offers stylish loft-style rooms with panoramic mountain views, Bluetooth bathroom mirrors, and a terrific terrace restaurant serving authentic Cuban food. What is better in Asheville—a boutique inn or bed and breakfast, or a larger hotel or resort?Both options are wonderful, and the one you choose depends on what your group needs or prefers. Boutique inns or bed and breakfasts are usually in historic residential neighborhoods and offer a cozy and comfortable feel of staying in someone's house. They typically have between six and 16 rooms, so if you're traveling with a small or mid-sized group, you could even rent the entire property.A larger hotel comes with more amenities and usually a more central location within walking distance of great restaurants, bars, breweries, shopping, and entertainment. There are also no age restrictions at larger hotels in Asheville, while most bed and breakfasts don't allow children under the age of 12 so as not to disturb other guests. What is the most romantic hotel in Asheville?With its beautiful stone building, iconic views, luxury service, and intimate feel, there is nowhere more romantic in Asheville than The Omni Grove Park Inn. Make your honeymoon extra special by booking a couples massage at the spa, ordering a tasty steak dinner and a bottle of wine at Sunset Terrace, book a Premium Club Floor Room on the adults-only Club Floor, and end each night with a drink by the lobby fireplace. What is the best hotel for families in Asheville?Village Hotel in Biltmore Estate's Antler Hill Village is great for families. Its basic Village Room starts at $170 and comes with two double beds. If you need more room, upgrade to the Village Double with Living Room, which starts at $320 per night and comes with a bedroom with two double beds, a separate living room with a couch, two twin sleeper sofas, and two full bathrooms.The location is also a huge benefit for families as it is steps away from family-friendly restaurants, the Farmyard petting zoo, 20+ miles of easy nature trails, falconry, and the Biltmore Gardens Railway, which has model trains that kids will love.How cheap or expensive is it to plan a trip to Asheville?Asheville is definitely a top tourist destination in the United States, so prices are constantly rising. That said, there is so much to do and see in Asheville, from hiking, biking, and kayaking to award-winning restaurants, breweries, and the Biltmore. These activities run from free or cheap to quite expensive. Hotels and resorts also run the gamut from $128 to $1,049 per night, and there are also tons of Airbnbs at a variety of price points. If you'd prefer one, we rounded up the best vacation rentals in Asheville as well. How we selected the best hotels in Asheville I chose the properties on this list based on my own deep knowledge of Asheville, supplemented by the research points listed below. I extensively researched and visited each hotel and selected properties with excellent recent reviews and ratings of 4 or higher on trusted traveler sites like Tripadvisor or Booking.com.All properties offer a variety of accommodation types, from boutique bed and breakfasts to brand-name hotels and luxury resorts.They range in starting price from $128 to $1,049 per night to suit a range of budgets. Hotels are located in Asheville's top neighborhoods and historic districts, and are near popular restaurants, breweries, shops, and attractions.All hotels offer COVID-19 safety policies, which we've linked for each property, or provided contact information where you can find out more. More of the best hotels on the East Coast Tripadvisor The best hotels in BostonThe best hotels in New York CityThe best hotels in PhiladelphiaThe best hotels in Washington, DCThe best hotels in Ocean City, MarylandThe best hotels on Hilton Head IslandThe best hotels in Myrtle BeachThe best hotels in CharlestonThe best hotels in SavannahThe best hotels on Tybee IslandThe best hotels in Florida Read the original article on Business Insider.....»»

Category: smallbizSource: nytSep 24th, 2021

5 of the best places to buy men"s pajamas that can help you get a better night"s sleep

A good pair of pajamas can improve your quality of sleep. Whether you need a pair to keep you cool or cozy, these are the best pajamas for men in 2021. When you buy through our links, Insider may earn an affiliate commission. Learn more. Saxx The right pajamas can promote better sleep by helping regulate body temperature. There are a variety of styles and materials, from cotton sets to temperature-regulating pants. Whatever your pajama style is, these are the best places to shop for sleepwear for men. Table of Contents: Masthead StickyStudies show a good night's sleep is vital for your physical and mental health, and general quality of life. If you're one of the 73% of U.S. adults who sleep in some sort of pajamas, it may be time to rethink the material your pjs are made from. If you don't currently sleep in pajamas, you might want to reevaluate that choice. There's now growing evidence that what you decide to sleep in may play a role in how well you sleep. Different fabrics interact with our bodies in different ways and that means finding the right pajamas for your body and even the season can help with getting better zzzs. The innate properties of a pajama's fabric are key to finding yourself the perfect pair, according to the non-profit National Sleep Foundation. Materials like merino wool wick moisture and regulate temperature, while modal is made from beech tree pulp that's more eco-friendly than cotton since it requires less water to produce. Regardless of your preferred pajama style, the below brands are the best places to shop for sleepwear. Just note that, while this guide is geared towards men's sizing, anyone can wear these pajamas regardless of gender. Be aware that they have a roomier cut than many pjs labeled under women's sizing, so if you're looking for slimmer cuts, check out that guide. These are the best places to shop for men's pajamas in 2021: Dagsmejan Dagsmejan The Swedish sleepwear company Dagsmejan worked with Swiss materials engineers and sleep scientists to reinvent pajamas from the bottoms up.Sizing options: S-2XLDagsmejan uses natural fibers like wool and eco-friendly fabrics derived from eucalyptus to produce sleepwear geared towards how individuals sleep—hot, cold, or somewhere in-between with the promise of a better night's sleep. Their fabrics are custom-made, requiring the "most advanced knitters" only found in Europe, according to Andreas Lenzhofer, the Dagsmejan's co-founder with Catarina Dahlin. Besides the material needs, European production is in line with the company's sustainability and ethical goals, like lowering carbon emissions from reduced transportation, high protection for workers, and the ability for the company to more easily control and enforce quality standards. For the Stay Warm collection, Dagsmejan took an already great insulator, merino wool, and combined it with Tencel, made from eucalyptus tree pulp, to create a product that's great at keeping you warm without being bulky. They are really light, yet provide a lot of warmth. Over the week of testing them, I didn't track any discernible difference in my sleep patterns. Although, during the winter I sometimes wake up in the middle of the night cold (we keep the thermostat at 60 degrees) and since using these pjs that hasn't happened yet. Besides the Stay Warm pajamas, the company also has a line of cooling sleepwear called Stay Cool that's more breathable than cotton and better at wicking away moisture, as well as a Balance collection that helps maintain your body temperature throughout the night.What to buy: Men's Stay Warm Long-Sleeve Top (small)Men's Stay Warm Sleep Pants (small)Stay Cool Sleep Shorts (small)Men's Balance Sleep Pants (small) Cariloha Cariloha The Utah-based sleepwear and bedding company Cariloha is another brand focused on sustainably made super comfortable pjs.Sizing options: S-2XLThe bamboo used in Cariloha's pajamas is eco-friendly since bamboo isn't a water-intensive crop, doesn't require pesticide, and is a renewable resource. Bamboo is actually a type of grass, with some species able to grow two to three feet a day. Cariloha uses a closed loop system that's better for the environment to produce the bamboo pulp used for the fabric, according to Scott Brady, the company's Communications VP.Cariloha's men's Sleep Pants are made from bamboo and organic cotton, and they have a very soft but not silky hand feel. Some customers on the Cariloha website felt the sizing was off, but I found them to fit as expected. They have an elasticized drawstring waistband. The pants don't have a working fly, but do feature three decorative buttons down the front. They are wide through the leg and pool a bit at the ankle, a typical style for men's sleep pants. The roominess is welcome when it's time for bed since they don't cling to the body. I found them to be very breathable, stretchy, and easy to sleep in. The Sleep Crew Shirt has short sleeves and is roomy without being too boxy. I didn't find it to be snug or clingy. The sleep pants and shirt come in two colors, charcoal gray and indigo heather. Cariloha also offers Sleep Shorts made from the same material as the company's other men's sleepwear. They fit loose at the leg and hit just above the knee. These are great for summer. Like the sleep pants, they have an elasticized drawstring waistband and don't have a working fly. What to buy: Men's Bamboo Sleep Pants (small)Men's Bamboo Sleep Crew Shirt (small)Men's Bamboo Sleep Shorts (small) L.L.Bean L.L. Bean L.L.Bean, a heritage brand that's more than 100 years old, helped popularize flannel pjs.Sizing options: S-XXL, regular and tallL.L.Bean, which is still based in Freeport, Maine, where it was first established in 1912, continues to enjoy a reputation for quality and a generous return policy. Its famous 100%-satisfaction guarantee changed in 2018. The "no questions asked" return policy may be gone, but you can still return items up to a year later with proof of purchase.Among the brand's pajama options are the Scotch Plaid Pajamas. Made from flannel produced in Portugal, the soft, plush 100% brushed cotton pjs are warm without being stifling and are generously cut for ease of movement while you sleep. The bottoms feature an elasticized waistband with a drawstring and slash pockets and come in seven plaids. I had a pair of the flannel pajamas for close to a decade that continued to look good year after year — no rips or tears and the colors didn't fade. If you're looking for something less traditional, L.L.Bean makes the Comfort Stretch Woven Sleep Pant, which can pair with the organic Lakewashed T-shirt. The bottoms are made from soft cotton poplin and a hint of spandex. The elastic waistband also helps keep you from feeling too constricted while you sleep. The shirt is made from organic cotton and has a supple broken-in feel. L.L.Bean also has an Organic Cotton Pajama Set that comes with a raglan-style long-sleeved shirt.What to buy: Men's Scotch Plaid Flannel Pajamas (small)Men's Comfort Stretch Woven Sleep Pants (small)Lakewashed Organic T-shirt (small)Men's Organic Cotton Pajama Set (small) Hanes Hanes While best known for underwear, Hanes also makes classic cotton pajamas for the budget-conscious, among other sleepwear options.Sizing options: S-5XLHanes began as a North Carolina mill operation in 1901 that produced men's and children's socks. These days, it's owned by Sara Lee Corporation (yes, the dessert company), and continues to make sturdy, utilitarian basics. With pjs, that's sometimes all you need. The Hanes Woven Plain-Weave Pajama Set is an old-school two-piece sleep set made from a cotton-polyester blend. The four-button top has classic piping trim and a breast pocket. The bottoms feature an adjustable, two-button-waistband and a fully functional button fly. They're breathable and soft (but not plush) and are best for spring and summer. They may be too light for northern winters. These pajamas fit true to size and come in 10 patterns. And at $30, they're a good value. Hanes also makes more contemporary men's sleepwear, like the Jersey Knit Jogger & Split Front Top, which are also a cotton-polyester blend material. One nice detail is that both the top and bottom are tag-free, meaning there's nothing itchy to annoy you when you're trying to get to sleep. The bottoms feature on-seam pockets and ankle cuffs, so they don't ride up if you're a fidgety sleeper. If you're looking for something in between these two styles, Hanes also makes a T-shirt and traditional pajama bottoms combo. The Men's Sleep Set with Woven Knit Pants features a super-soft T-shirt paired with lightweight poly-cotton bottoms (also tag free). It comes in two different colors/patterns. What to buy: Men's Woven Plain-Weave Pajama Set (small)Jersey Knit Jogger & Split Front Top (small)Men's Sleep Set with Woven Knit Pants (small) Saxx Saxx Saxx is a men's underwear and sleepwear company known for a tongue-in-cheek sense of humor and innovative products.Sizing options: S-XXLThe Canadian company founded in 2006 is best known for its men's underwear, specifically its patented Ballpark Pouch, which is described as "a 3D hammock-shaped pouch designed to keep everything in place." Its products also feature Flat Out Seams that are on the outside so they don't irritate the skin and moisture-wicking, breathable fabrics, mainly made from a modal-cotton blend. Saxx also has a "Comfort Guarantee" that allows customers to return their orders within 30 days of purchase for a refund or exchange.The company makes the Nightcrawler, an adult onesie — a one-piece pajama — that's super soft, doesn't cling, and (thankfully) has a fly. If you've never worn a onesie (as an adult) to sleep in, it's an experience I recommend, especially for restless sleepers. Your top won't ride up while you twist and turn in the bed. The tapered cuffs also prevent the material from sliding around on your body. The Nightcrawler buttons up the front, has an elastic drawstring waistband, and features Flat Out Seams to further prevent any irritation. It comes in three fun patterns. If onesies aren't your thing, Saxx also makes more conventional sleepwear. Like the company's underwear, the Sleepwalker bottoms have the Ballpark Pouch. They're very soft and good at regulating your temperature. The top (sold separately) comes in either long or short sleeves ($36) and is just as comfortable as the bottoms. Saxx also makes Snooze pants that are roomier than the Sleepwalker and feature a drawstring waist and slightly tapered leg. It does not feature the Ballpark Pouch. I've been sleeping in both the Sleepwalker and Snooze pjs for nearly two years. The Snooze pants have stretched out slightly over that time (in the legs; not the waist), less so the Sleepwalker, but both have remained very comfortable for all-year wear. What to buy:Nightcrawler Onesie  (small)Sleepwalker (small)Sleepewalker Long-Sleeve Top (small)Snooze Pants (small) Read the original article on Business Insider.....»»

Category: worldSource: nytSep 22nd, 2021

California company scoops up trio of Denver-area business parks for $116M

The deal includes Raytheon's Aurora campus and a pair of properties that set a Colorado record the last time they sold......»»

Category: topSource: bizjournalsDec 30th, 2019

Former 3M campus, two other World Class properties threatened with foreclosure

Three World Class properties are currently scheduled to be sold on the Travis County Courthouse steps Oct. 1. But the embattled real estate firm has a history of staving off foreclosure by renegotiating its debt......»»

Category: topSource: bizjournalsSep 12th, 2019

The metaverse "is already here" and will give cryptocurrencies the opportunity to make it better, a Solana co-founder says

The metaverse will give cryptocurrencies a chance to wipe out "broken" business models like internet ad platforms, a Solana co-founder said. Anatoly YakovenkoAnatoly Yakovenko The metaverse will give cryptocurrencies a chance to wipe out "broken" business models like internet ad platforms, a Solana co-founder said. Anatoly Yakovenko told Insider in an interview believed crypto could make the metaverse better and change how companies use data. Many high-profile investors believe the metaverse could become a trillion-dollar opportunity. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The metaverse is booming in popularity. Investors are snapping up plots of virtual land and digital luxury items, while companies and sports teams are piling in too. Last week, 4 metaverse projects sold $106 million in virtual land, according to DappRadar.  Sandbox, a gaming platform, racked up $86.56 million in digital land sales, while Decentraland recorded $15.53 million in sales of virtual real estate.While it might feel like this next stage in the evolution of the internet is only just getting started, for Solana co-founder Anatoly Yakovenko, it's already a reality and one that cryptocurrencies can help improve. "The metaverse is already here. It's just kind of in this low fidelity, low resolution state," he told Insider in a recent interview.The metaverse refers to virtual worlds where users can do anything from create and play games, to owning property, buying and selling digital assets, trading cryptocurrencies or even breeding digital animals. Yakovenko co-founded Solana with Raj Gokal in March 2020. The solana protocol is similar to larger rival ethereum, in that it boasts the same decentralized finance capabilities, such as hosting smart contracts, and can also run non-fungible tokens, but it does so at greater speed and lower cost than its bigger competitor.Both Sandbox and Decentraland, two of the more developed metaverses, run on ethereum, for example.Developers in the crypto space are looking for a metaverse that they can own and build a business on. Yakovenko said that developers that understand the nuance of how this all works will build tools for content creators so they can have "their own virtual experiences." "Once that happens, it's not going to be like a single metaverse Sandbox, it is going to be a bunch of small ones that all kind of work together and a bunch of experiences," Yakovenko said. He believes one of the big advantages of having more activity take place within the metaverse is the virtual world won't present the same kind of challenges with handling user data and privacy as social media platforms or search engines face right now.It also could offer cryptocurrencies the chance to break some of Big Tech's hold on that space, Yakovenko said. "I think the opportunity for crypto is to make (the metaverse) better in the sense that the kind of business models that exist on the web right now are broken,"  he said."Companies that control the market that steal your data, sell it to advertisers, feed you information that you don't want and try to force you to consume it, that loop sucks," he added.The likes of Sandbox, Decentraland and play-to-earn platform Axie Infinity have their own crypto tokens that users need to purchase virtual items or that they can receive as rewards. Decentraland's mana token has gained over 16,000% this year, while Sandbox's sand token has risen around 5,400% and Axie's axs token has gained over 25,000%. Many high-profile investors, like digital asset manager Grayscale and disruptive technology investor Cathie Wood, believe the metaverse could become a trillion-dollar opportunity. Read the original article on Business Insider.....»»

Category: topSource: businessinsider5 hr. 26 min. ago

The Upshots Of The New Housing Bubble Fiasco

The Upshots Of The New Housing Bubble Fiasco Authored by MN Gordon via EconomicPrism.com, “The free market for all intents and purposes is dead in America.” - Senator Jim Bunning, September 19, 2008 House Prices Go Vertical The epic housing bubble and bust in the mid-to-late-2000s was dreadfully disruptive for many Americans.  Some never recovered.  Now the central planners have done it again… On Tuesday, the Federal Housing Finance Agency (FHFA) released its U.S. House Price Index (HPI) for September.  According to the FHFA HPI, U.S. house prices rose 18.5 percent from the third quarter of 2020 to the third quarter of 2021. By comparison, consumer prices have increased 6.2 from a year ago.  That’s running hot!  But 6.2 percent consumer price inflation is nothing.  House prices have inflated nearly 3 times as much over this same period. Here in the Los Angeles Basin, for example, things are so out of whack you have to be rich to afford a 1,200 square foot fixer upper in a modest area.  Yet the clever fellows in Washington have just the solution. Massive house price inflation has prompted the FHFA, and the government sponsored enterprises (GSEs) it regulates, Fannie Mae and Freddie Mac, to jack up the limits of government backed loans to nearly a million bucks in some areas. Specifically, the baseline conforming loan limit for 2022 will be $647,000, up nearly $100,000 from last year.  In higher cost areas, conforming loans are 150 percent of baseline – or $970,800.  What gives? If you recall, ultra-low interest rates courtesy of the Federal Reserve following the dot com bubble and bust provided the initial gas for the 2000s housing bubble.  However, the housing bubble was really inflated by Fannie Mae and Freddie Mac.  The GSEs relaxed lending standards and, thus, funneled a seemingly endless supply of credit to the mortgage market. The stated objective of these GSEs was to make housing affordable for Americans.  But their efforts did the exact opposite. The GSEs puffed up the housing bubble to a place where average Americans had no hope of ever being able to afford a place of their own.  Then, when the pool of suckers dried up, about the time rampant fraud and abuse cracked the credit market, people got destroyed. If you also recall, it wasn’t until credit markets froze over like the Alaskan tundra in late 2008 that the Fed first executed the radical monetary policies of quantitative easing (QE).  To be clear, QE had nothing to do with the last housing bubble; ultra-low interest rates and GSE intervention did the trick on their own.  QE came after. But now, in the current housing bubble incarnation, the Fed’s been buying $40 billion in mortgage backed securities per month since June 2020.  Is there any question why house prices have gone vertical over this time? The Fed is now tapering back its mortgage and treasury purchases.  This comes too little too late.  And with Fannie Mae and Freddie Mac now jacking up their conforming loan limits, house prices could really jump off the charts. We’ll have more on the current intervention efforts of these GSEs in just a moment.  But first, to fully appreciate what they are up to, we must revisit the not too distant past… Socialized Losses A moral hazard is the idea that a person or party shielded from risk will behave differently than if they were fully exposed to the risk.  A person who has automobile theft insurance, for instance, may be less careful about securing their car because the financial consequence of a stolen car would be endured by the insurance company. Financial bail-outs, of both lenders and borrowers, by governments, central bankers, or other institutions, produce moral hazards; they encourage risky lending and risky speculation in the future because borrowers and lenders believe they will not carry the full burden of losses. Do you remember the Savings and Loan crisis of the 1980s? The U.S. Government picked up the tab –  about $125 billion (a hefty amount at the time) – when over 1,000 savings and loan institutions failed.  What you may not know is the seeds of crisis were propagated by Franklin Delano Roosevelt during the Great Depression when he established the Federal Deposit Insurance Company (FDIC) and the Federal Saving and Loan Insurance Company (FSLIC). From then on, borrowers and bank lenders no longer had concern for losses – for they would be covered by the government.  The Savings and Loan crisis confirmed this, and further propagated the moral hazard culminating in the subprime lending meltdown. Obama’s big bank bailout of 2008-09 socialized the losses.  Then the Fed’s QE and ultra-low interest rates furthered the moral hazard.  These are now the origins of the current housing and mortgage market bubble…and future bust. By guaranteeing mortgage securities up to nearly $1 million in some areas the government encourages risky lending by banks and speculation by investors.  Banks are less prudent about who they loan money to because the loans will be securitized and sold to investors.  Similarly, investors speculate on these securities because they are guaranteed by the government. Once again, the government is promoting a “heads, I win…tails, you lose” milieu where banks and investors reap big profits taking on big risks and where the losses are socialized by tax payers.  It also sets the stage for massive grift… The Anatomy of a Swindler FDR – the thirty-second U.S. President – was responsible for setting up Fannie Mae.  But another FDR – Franklin Delano Raines – was responsible for running it into the ground. The son of a Seattle janitor, FDR grew up knowing what it was like to have not.  He concluded at a young age it was better to have. Yet it was while mixing with Ivy Leaguers at Harvard University and Harvard Law School where he really refined his thinking.  He came to believe the government should be responsible for supplying the have nots with tax payer sponsored philanthropy. FDR came out of school with the wide eyed ambition of a lab rat.  He was determined to sniff out his way to wealth…and once and for all, find that ever illusive cheese at the end of the maze. The first corner he peered around smelled remarkably prospective.  But he came up empty.  Three years in the Carter Administration didn’t offer the compensation he’d dreamed of. To have was better, remember.  The next corner FDR peered around was much more lucrative.  He did an 11 year stint at an investment bank. But it was in 1991 when FDR got his big break.  For it was then that he became Fannie Mae’s Vice Chairman.  And it was then that he garnered hands on access to muck with the lives of millions.  Still, he wasn’t quite sure how to go about it. To learn such tips and tricks, FDR studied one of the true masters of our time…Bill Clinton.  From 1996 to 1998, he was the Clinton Administration’s Director of the U.S. Office of Management and Budget.  There he discovered you must have a vision…a mission…a delusion that is so grand and so absurd, the world will love you for it. One evening, in the autumn of 1997, it came to him in a flash.  Staring deep into the pot of his chicken soup, just as it approached boil, he hallucinated an image of a house.  Suddenly a small part of the grey matter of his brain opened up… For where Hoover had foreseen a chicken in every pot and a car in every garage, FDR now foresaw much, much more.  A chicken and a car were not good enough.  In FDR’s world, everyone should also get a house with a pot to cook the chicken in and a garage to park the car in.  And he knew just how to give it to them. Yet best of all, FDR also knew he could become remarkably rich pawning houses to the downtrodden.  So in 1999, he returned to Fannie Mae as CEO and got to work on his master plan… Fraudulent Earnings Statements It was a pretty simple four point plan… If low interest rates make housing more affordable, then even lower interest rates make housing even more affordable. So, too, if 20 percent down put housing out of reach for some, then 10 percent down was better. And zero percent down was optimal. Similarly, if a borrower’s credit score doesn’t meet the requisite credit standard, just relax the standard. And lastly, if a borrower’s income is too low to qualify for a loan, just let them state what ever income it is that they must have to get the loan. With the ground rules in place by 1999, FDR began the pilot program that would ultimately ruin the finances of the western world.  It involved issuing bank loans to low to moderate income earners, and to ease credit requirements on loans that Fannie Mae purchased from banks. FDR promoted the program stating that it would allow consumers who were, “A notch below what our current underwriting has required,” get a home. Here’s how it worked… Banks made loans to people to buy houses they really couldn’t afford.  Fannie Mae bought the bad loans and bundled them together with good ones as mortgage backed securities.  Wall Street then bought these mortgage backed securities, rated them AAA, and then sold them the world over…taking a nice cut for their services. FDR had a heavy hand in the action too.  By overstating earnings, and shifting losses, he pocketed the large bonuses a janitor’s son could only dream of.  According to a September 19, 2008 article by Jonah Goldberg, titled, Washington Brewed the Poison, FDR “…made $52 million of his $90 million compensation package thanks in part to fraudulent earnings statements.” Efforts to reform the scheme were stopped by the Democrats in Congress, who weren’t ready to give up the gravy train of money that flowed from Fannie Mae to their campaigns.   “Barack Obama, the Senate’s second-greatest recipient of donations from Fannie and Freddie after [Christopher] Dodd, did nothing.” Now, just 13 years later, Fannie Mae and Freddie Mac are at it again… Here We Go Again On June 23, 2021, in Collins v. Yellen, the Supreme Court decided the President could remove the FHFA director without cause.  The next day, President Biden replaced Trump’s director of the FHFA, Mark Calabria, with a temporary appointment. FHFA, as noted above, regulates government-backed housing lenders Fannie Mae and Freddie Mac.  Prior to getting his pink slip, Calabria had been working to reduce the harm these GSEs could do to the economy. Biden’s replacement immediately reversed course, reinstituting the social engineering policies that brought down the housing market in 2008.  Acting Director Sandra Thomas: “There is a widespread lack of affordable housing and access to credit, especially in communities of color.  It is FHFA’s duty through our regulated entities to ensure that all Americans have equal access to safe, decent, and affordable housing.”  One could mistake these words for those of Franklin Delano Raines.  Certainly, the madness it fosters will be Raines like.  The Wall Street Journal reports: “The problem the [Biden] administration sees is that housing and rental prices are too high.  The fact that the administration’s own policies have caused an inflationary trend in housing along with food, energy and gasoline, among others, is no deterrent. “[…] the administration wants people who would otherwise rent to become homeowners.  These young families would take on the risk and the burden of a mortgage, which the government—through Fannie Mae and Freddie Mac—will make much cheaper.  Investors, of course, will buy these risky mortgages from Fannie and Freddie because they are backed by the government.  “Here we go again.  The only difference between what the administration is proposing, and what brought about the 2008 financial crisis is that the economy is already in an inflationary period, induced by the administration’s other policies.  This will make homeownership even riskier.  In addition, Fannie and Freddie will be buying mortgages of up to $1 million, instead of $450,000. “But the government’s lower underwriting standards drive down standards for private lenders, too.  Banks and other mortgage lenders—if they want to stay in the business—have to offer their mortgages on similar terms.  People who own homes then dive into the market to take advantage of the low down payments, and housing prices rise even faster. This encourages cash-out mortgages, in which homeowners reduce the equity in their homes, sometimes to buy a boat.  “The process goes on for years until prices are so high that sales growth falls and homeowners can’t sell their homes to pay off their mortgages.  Housing prices then collapse, mortgages go unpaid.  Banks, other lenders, and even Fannie and Freddie incur losses and another financial crisis begins.” But wait, there’s more… The Upshots of the New Housing Bubble Fiasco House prices are already in bubble territory in many places across the county.  At these prices, who’s buying? Wall Street.  Pension funds.  BlackRock Inc.  And many, many others… Institutional investors have securitized the residential real estate market.  Hundreds of firms are competing with regular house buyers.  They’re also bidding up house prices. Invitation Homes, for example, is a publicly traded company that was spun off from BlackRock in 2017.  Invitation Homes gets billion dollar loans at interest rates around 1.4 percent – about half the rate of what regular house buyers get.  Often times they just pay in cash. According to a recent SEC disclosure, Invitation Homes’ portfolio of houses is worth $16 billion.  The company collects about $1.9 billion in rent per year.  Thus it takes only about eight years of rental payments to pay back a typical house that Invitation Homes has bought. Invitation Homes now owns over 80,000 rental houses and has a market capitalization of $24.6 billion.  The company has deep pockets.  Regular house buyers cannot compete. No doubt, this is an ugly situation.  The ugliness hasn’t been created by institutional investors.  They’re merely scratching for yield in a world where capital markets have been destroyed by the Fed.  Of course, there’s no situation that’s too ugly for Washington to not make even uglier. According to a recent White House fact sheet: “As supply constraints have intensified, large investors have stepped up their real-estate purchases, including of single-family homes in urban and suburban areas. […].  Large investor purchases of single-family homes and conversion into rental properties speeds the transition of neighborhoods from homeownership to rental and drives up home prices for lower cost homes, making it harder for aspiring first-time and first-generation home buyers, among others, to buy a home. […] “President Biden is committed to using every tool available in government to produce more affordable housing supply as quickly as possible, and to make supply available to families in need of affordable, quality housing – rather than to large investors.” This logic validates FHFA jacking up the limits for conforming loans.  Indeed, the clever fellows in Washington want to make housing more affordable by allowing more and more people to take on massive subsidized mortgages.  The logic makes perfect sense…so long as you have the intelligence of a box of rocks. We all know where this goes.  We all know where this leads. First time house buyers, competing with institutional investors, will use the government’s relaxed lending standards to chase prices higher and higher.  Then, once the mortgage market is sufficiently riddled with fraud and corruption and tens of millions of Americans are tied into loans they cannot repay, the impossible will happen… House prices will go down! …along with the hopes and dreams of those that got sucked into this wickedness. Sandra Thomas will be flummoxed.  Congress will socialize the losses once again.  And populace rage will be channeled into some new Occupy Wall Street movement.  Then things will really get ugly. These – and many more – are the upshots of the new housing bubble fiasco. Tyler Durden Sat, 12/04/2021 - 09:20.....»»

Category: smallbizSource: nyt20 hr. 26 min. ago

The 4 best resistance bands for building strength and muscle rehabilitation

Whether you're building muscle or rehabbing an injury, these are our top tested picks for resistance bands with handles, resistance loop bands & more. Prices are accurate at the time of publication. Resistance bands are as effective as free weights at building muscle and strength. The best resistance bands won't snap, roll, or irritate your skin, and come as a set for more choices. Our top pick, TheraBands, are latex-free, highly versatile, and won't snap over time. Resistance bands are an incredibly diverse and affordable addition to your home gym set-up. They can be used therapeutically for muscle rehab and stability training, or in lieu of dumbbells for serious strength building."There are literally thousands of exercises you can do with a resistance band, with the band placed in numerous patterns around the body," Keaton Ray, PT, DPT, CSCS, physical therapist and co-founder of MovementX, Inc in Portland, OR tells Insider. As a certified barre and mat pilates instructor myself, I've tested a lot of resistance bands to help challenge and build muscle. And studies show they really do work for building strength and mass (more in that in our FAQ section, below). Different types play toward specific goals and movements — looped bands and fabric bands provide resistance for more restrictive movements (clam shells, glute bridges), while the more versatile resistance bands with handles rival the work dumbbells do for compound movements (bicep curls, rows, lunges). We also prefer a resistance band set for more versatility.At the end of this guide, I lay out what types of resistance bands there are, how to use resistance bands, and everything you should consider when buying one. Until then, here are our top picks among the many resistance bands I've tested.The best resistance bands:Best resistance bands overall: TheraBandBest resistance loop bands: Fluidity Best fabric resistance band: Sweat The TechniqueBest resistance bands with handles: SPRI Total Body Resistance KitBest resistance bands overallTheraBand resistance band set is ideal for both rehabilitation and strength building.KBYC photography/ShutterstockTheraBand Non-Latex Resistance Bands are super versatile for both therapeutic use as well as strength training, and they're thin and lightweight enough to take anywhere.Pros: Latex-free, lightweight, extremely versatile in function, inexpensive, resistance band setCons: Not super heavy resistanceTheraBands were my first experience with resistance bands and I've never looked back. Incredibly thin and lightweight while somehow maintaining their strength and durability, this resistance band set does an excellent job helping you develop muscle strength.I've used them around my thighs during squats and between my arms while working my triceps, but the possibilities (and potential muscle groups) are virtually endless.Rather than being permanently looped, TheraBands are one straight piece of latex-free rubber, which makes them highly versatile. You can still tie the band together to make it a looped band, or grip it or wrap it around your hands to use it like a resistance band with handles. There are also eight levels of resistance to choose from, and this set comes with the three mid-level weights, which offers you a range of lighter therapeutic work to strength building. Whether you're making your barre workout just a bit harder or using them for some quick HIIT moves, TheraBands do the trick. That said, if you're looking for serious resistance, you may need something a bit heftier.They're also highly durable — while they look as though they'll snap at any moment, I've had mine for years and they're only just starting to show small tears. My old gym also used these, and despite constant usage by hundreds of clients, the TheraBands withstood the test. They're also latex-free, which is great for folks with allergies or sensitivities. They're highly portable and fit in a small, included carrying case, making them great for travel. --Lulu Chang$17.39 FROM AMAZON$17.39 FROM WALMARTBest resistance loop bandsFluidity resistance loop bands are ideal for short ranges of motion.FluidityFluidity bands are durably looped for building strength on small range-of-motion movements, and made with natural latex, which is gentle on the skin and eco-friendly.Pros: Eco-friendly, non-toxic, durableCons: Individually sold, only three levels of resistance available, no travel bagResistance loop bands are ideal to provide strength-building or rehabilitation-level resistance on smaller ranges of motion, like looping them around your quads to build strength during clamshells or during squats to keep your knees tracking outward. They're also a great addition to your warm-up routine as they help provide low-weight activation to your muscles during moves like with lat pulls and crab walks.Fluidity resistance loop bands are one of the most durable resistance bands I've found. They're made of 100% natural rubber latex, which is a non-toxic and eco-friendly material. As a certified Barre instructor, I have encountered several scenarios where students reacted to the synthetic latex in most bands, but natural latex is much more sensitive on the skin. The bands are also 60 inches by 6 inches, which makes it a great option for any rehab or stretching exercises you may want to perform. These resistance loop bands are sold individually and you have three resistance levels to choose from. This is nice if you have a separate pack you're looking for a single addition to, but I do wish Fluidity sold a pack of all three for more versatile use. That being said, the resistance levels are well-balanced; when I tested this out on the lightest Fluidity flat band, I estimated the resistance to be anywhere between 8-10lbs. $12.00 FROM FLUIDITYBest fabric resistance bandsSweat The Technique makes durable, reliable fabric resistance bands great for glute exercises.Sweat The TechniqueThe Sweat The Technique Ultimate Booty Band Set is made of fabric so they won't stretch over time and fit a wide range of body sizes, and I loved the strength of these bands and the fun colors.Pros: Washable, durable, fit a range of bodies, resistance band setCons: Limited range of motion making them not ideal for all workouts, contain latex, no washing/care instructionsFabric resistance bands are great as they take much longer to stretch out over time compared to rubber bands, and they won't snap in half. Fabric resistance bands are also washable so they're easy to clean, they don't curl up like rubber resistance bands, and they fit a wide range of body types comfortably.Since fabric bands are stronger than latex bands, they also offer more resistance. That means they're less ideal for warm-ups or therapeutic use, but they're an excellent option for shorter ranges of movement like squats or hydrants. I like Sweat The Technique's fabric bands in particular because, for starters, they're a female- and Black-owned company. What's more, when I tested these over bare legs and over workout pants, I was pleasantly surprised the bands didn't move at all during the workout. Unlike with other bands, I didn't have to fidget with or adjust them. But made from a spandex, polyester and latex blend, they still have enough give to make them easy to get on and off.You can buy just a single band or a full resistance band set. I like the Ultimate Booty Band Set, which comes with a medium and heavy option in a sleek travel bag; however, I do wish this set came with a light and an extra heavy option to better accommodate progression over time. The brand does offer the Long Power Band Set, which has more resistance options. However, these are longer and more ideal for stretching, powerlifting, or pull-ups, and less ideal for glute work, which is what most people want a highly-resistant fabric band for.  Best resistance bands with handlesSPRI Total Body is one of our favorite resistance band sets and the best resistance bands with handles we’ve found.SPRIThe SPRI Total Body Resistance Kit comes with five levels of resistance up to ultra heavy, and includes accessories like ankle straps and door attachments, making it an incredible value for about the price of a single dumbbell.Pros: Super versatile, comes with multiple attachments, durable productCons: Handled resistance bands can be a bit confusing if you are a beginner Working out with resistance bands can build similar strength gains to resistance training with free weights, reports a 2019 study in SAGE Open Medicine The SPRI Total Resistance Band Kit includes five bands that range from very light to ultra heavy. I found this spectrum to be incredibly diverse and helpful when I used them to workout, and a great deal for the price. The set also comes with two handles, one ankle strap, and one door attachment, adding to the diversity of what moves you can do with this equipment.Obviously, it can be a little annoying to stop the flow of your workout to swap the handles onto a new resistance band, so you do have to be a little more strategic about pairing exercises that require similar weights. But considering all this kit comes with, it has great value. That's especially true if you want to add some strength training to your current workout regime but don't want to invest in a pricey set of dumbbells.$29.98 FROM SPRI$29.98 FROM AMAZONWhat else we consideredAlyssa Powell/Business InsiderWhat else we recommendPure Energy Fitness Kit ($68): Although I did like this kit, it was too expensive for me to recommend to the average reader. However, it does come with ankle weights (which probably contributes to the higher price), and it's made with natural latex and free of other problematic materials like PVC, BPA, and lead phthalates. What we don't recommendGymbandit ($14): I love the colors of these bands and the variety of resistance strengths, but they curled up during my workouts and the lighter resistance bands started to tear after a few sessions with clients.How I testedAs a certified barre and mat pilates instructor, I tested out several resistance bands during my weekly barre and workout sessions with clients. I also incorporated these bands into my own at home workouts. Specifically, I looked at: Durability of the band: The best resistance band won't snap or tear with time and will offer the same amount of resistance, use after use. Scalability with your training: A resistance band set should progress with you and your workouts, so it's smart to look for bands that offer a variety of resistance levels. Comfort during a workout: A lot of flimsy resistance bands will curl around your legs or ankles during a workout, which can be annoying. I prioritize bands that stayed flat and in place, and those that didn't irritate my skin or rubbed against it too much with movement.Affordability: At the end of the day, we're looking to make an investment and to avoid having to replace bands several times during the year.What to look for in a resistance band setWhen shopping for bands you are going to have a couple of options depending on the style of workout you are looking to perform. You will first need to consider if you want a latex or fabric band, these options typically come as a loop band. Latex bands can be beneficial if you are looking to perform a variety of moves because they are less restrictive. You can get a wider range of motion with these bands. For example tricep extensions should be performed with a latex band instead of a fabric band. If you are looking to do shorter ranges of motion like squats or squat tap outs a loop band is more ideal. Another thing to consider is if you prefer bands with interchangeable handles or fixed handles. Interchangeable handles allow you to change the resistance so you can tack on additional weight either by adding more resistance or switching your handles to a band that offers more resistance. Bands with interchangeable handles can become complicated especially when you are crunched for time and looking to squeeze a quick workout. If more time permits this is an excellent option for adding to your cardio routine or working out at home. Bands with handles also allow you to mimic some moves that are performed on weight machines at the gym like a lat pull down.Take into consideration the level of resistance for either rehabilitation, muscle activation, or strength building. Rehabilitation centers around stability training. For this, you want bands that are light enough, don't cause any pain, and let you control your movement, Dr. Ray explains. If a band provides too much resistance, you won't be able to achieve a full range of motion in the exercise you are performing, she adds.If you're looking to build mass or strength though, you'll want heavier resistance and a few different options so you can progress resistance levels. While going too heavy too soon can cause injuries and muscle imbalances, not using enough resistance also won't build muscle effectively. For weightlifters, Dr. Ray suggests incorporating light-to-medium bands into your warm up and cool down. This will help to activate stabilizing muscles which in return will provide a safer and more productive weightlifting session. The thickness of a band is also an important consideration especially if you are looking to build strength in your workout routine. I have noticed the thicker the band, the higher the resistance. I have also discovered that many bands that are marketed as heavy or extra heavy are actually not very thick, and that nearly always translates to poorer resistance. Lastly, is the price point. If you are looking to stay within a specific price range, opting for a single durable band with more versatility (like a band with handles or a flat band) might be a better choice in comparison to one single loop band. FAQsDo resistance bands really work?Yes, resistance bands work to both build strength back slowly after an injury, and, for weight lifters, to build strength as effectively as dumbbells. Dr. Ray adds resistance bands help add load to movements (aka, weight beyond just body weight), which research shows helps build muscle. "For example, a squat with a theraband around your knees is much more effective at building muscle and stability than a side-lying clamshell or leg lift," she explains.Dr. Ray also points out that because resistance bands are so low impact, they're a great way to start strength training for the first time. This is also what makes them ideal for rehabilitating from an injury or specifically targeting deep stabilizing muscles on a recovery day. Of course, for the most well-rounded functional fitness, you want to challenge your muscles in different ways, so you should also use dumbbells, kettlebells, barbells, to build strength in addition to band exercises. What types of resistance bands are there?There are several types of resistance bands that include:Figure 8 bands: Ideal for strengthening your arms, chest, shoulders, and back with either single arm and double arm workouts. It can also be used for a total body workout as well as focusing on your lower body with leg and glute exercises. Loop bands: These bands are great for activating muscle groups which help to improve muscle balance, control, and stability by simply waking up under-active muscles. Therapy bands: Therapy bands are good for rehabilitating muscles and offering a lighter resistance when dealing with an injury. Mini Resistance bands: These are smaller loop bands ideal for traveling, keeping in your gym or a set at the office. Also a great option for those that like to workout when far away from home. Ring bands: Can be used for stretching and/or intensifying a workout by utilizing the rings in the band. Lateral bands: Padded ankle cuffs connected to a resistance tube provides additional resistance when doing lateral conditioning exercises. Fabric bands: These bands are made from fabric and often include a strip of non-slip material which helps keep them in place. Excellent for short ranges of movement.Pull up bands: This type of band can help you achieve a pull-up. How do beginners use resistance bands?Resistance bands are ideal for building strength in beginners to resistance training since they tend to be much safer than free weights. Start by using a lighter band and work your way up to heavier resistances over time. If the resistance starts to get too comfortable, it's time to increase the resistance. Aim to switch your bands every month or sooner. As your strength increases, opt for a heavier band or add more repetitions to an exercise. Dr. Ray suggests starting with 3 sets of 10 repetitions of any exercise. If these are too hard, you need a lighter resistance band. If they're easy, grab a heavier one.A few moves you can try to get you started include a high plank with leg lift (modification come down to your knees and perform the leg lift one side at a time), modified side plank with leg lifts and fire hydrants. Where should resistance bands be placed? This depends on what muscle groups you are working. If you want to target your glutes, for example, place the band around your legs just above your knees; then, perform squats or lateral tap outs. This helps provide control and resistance when you lower into the squat. You can also loop the bands around your forearms or above your elbows to provide resistance to your upper body, or around your ankles for lower body exercises."You can get creative with where you place the band on your body, or you can anchor it to the wall," Dr. Ray adds. Looping a band around an anchored bar or handle, like a door handle at home or a squat rig at the gym, is another way to provide resistance.Are resistance bands good for therapy?One of the most common use for resistance bands is for rehabilitation or muscle therapy. During rehab, you need to start contracting muscle tissue and moving your joints through gentle ranges of motion. This helps to lower inflammation, increase blood flow, and stimulate healing, Dr. Ray explains.Light resistance bands are very helpful here, since they're very gentle on your body but allow your muscle fubers to work against gentle force and begin the slow process of regrowing muscle fibers.By the end stage of tissue recovery, you'll start to progress away from resistance bands and begin loading tissues with heavier weights that more closely mimic activities such as carrying heavy groceries or lifting your children. This should always be done under the direction of a physical therapist so you don't damage your tissue, muscles, and joints further.How often should you use resistance bands? Use resistance bands at the same frequency you would dumbbells or any other form of weight. Like with any workout, it's a good idea to allow your body to rest in between each session if you are working the entire body.Another option is alternating between the upper and lower body a few times a week. This allows the muscle fibers to rebuild and become stronger without causing harm. Read the original article on Business Insider.....»»

Category: smallbizSource: nytDec 3rd, 2021

Crow adding to northeast industrial portfolio with new LeHigh Valley property

Crow Holdings Industrial, the industrial development company of Crow Holdings, announced its plans to develop a new 652,080-square-foot, state-of-the-art logistics property in Ontelaunee, Pennsylvania. Construction on the project is slated to begin in December. Leasing for the property is being handled by a JLL team led by Jeff Lockard. Crow Holdings purchased... The post Crow adding to northeast industrial portfolio with new LeHigh Valley property appeared first on Real Estate Weekly. Crow Holdings Industrial, the industrial development company of Crow Holdings, announced its plans to develop a new 652,080-square-foot, state-of-the-art logistics property in Ontelaunee, Pennsylvania. Construction on the project is slated to begin in December. Leasing for the property is being handled by a JLL team led by Jeff Lockard. Crow Holdings purchased the 59.6-acre property in November 2021 from the Greater Berks Development Fund (GBDF), the economic development arm of the Greater Reading Chamber Alliance (GRCA). After acquiring the property as part of a larger parcel in 2019, GBDF worked with local authorities to rezone the site for industrial use, and subsequently sold it to Crow Holdings to facilitate the creation of this logistics facility.  “Tenant demand continues to surge, but what truly set this property apart is its incredible access to labor,” said Johanna Chervak, vice president of Crow Holdings. “We looked at several different properties in the market, and there was nothing that even approached this site’s access to the Reading labor pool via Routes 61 and 222 and  I-78. Coupled with its location in Ontelaunee — a municipality that recognizes the economic value of logistics development — this deal checks all the boxes for a successful industrial project.” The property is strategically located within the Reading market, one of the most sought-after locations for industrial development in southern Pennsylvania.  Situated less than a quarter of a mile from Route 61, it offers convenient access to every major roadway, including I-78 and Route 222. “Greater Berks Development Fund continues to play a role in identifying opportunities for growth of the Berks County economy and we are appreciative of the investment to be made by Crow Holdings,” said Dan Langdon, GRCA chairman. The Class-A logistics facility will feature a 40 ft. clear height, 182 dedicated trailer parking stalls, 124 loading docks and 4 drive-in doors. It will also feature 484 spaces for car parking. For Crow Holdings, this project — its first in the Lehigh Valley — is the most recent example of the company’s national expansion. Three years after launching its Northeast operations in 2018, the Crow Holdings team has built a development pipeline of more than 11 million square feet of industrial space in New Jersey and Pennsylvania, including Millstone 8 Logistics Center, a two-building, 1.2-million-square-foot property in Millstone, New Jersey; and Crow Holdings at Carteret, a three-building, 1.2-million-square-foot property in Carteret, New Jersey. Since 1948, Crow Holdings has been investing in the industrial sector, and has grown to become a market leader across both its institutional real estate asset management business and its development business. Over the past 22 years, Crow Holdings operating companies have developed or acquired more than 170 industrial properties with an additional 54 currently in development, representing over 115 million square feet of industrial space across the U.S. The post Crow adding to northeast industrial portfolio with new LeHigh Valley property appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyDec 3rd, 2021

Cathie Wood"s ETF Is Unraveling

Cathie Wood's ETF Is Unraveling Cathie Wood's ARKK is sinking. Her flagship ETF, the ARK Innovation Fund, which was already having a dismal year, lagging major indices about 35%, is plunging to end the week today. Heading into the close, it's down about 6.3% and was down well below $100. On Friday, the damage got worse. Among Wood's woes were her holdings in Docusign, which by mid-day was down an astonishing 41%.   Additionally, Wood "bought the dip" by purchasing 2.1 million shares of Ginko Bioworks on Thursday, Bloomberg reported. On Friday, the stock fell by as much as 16%, at one point marking a 28% loss in just 5 days, amounting to $5 billion in value lost.  Bloomberg noted that ARKK hit some ugly technical indicators on Friday, as well. The stock's RSI plunged to 20 and saw a "trading range breakdown" according to technical analysis prepared by William Maloney, the voice of the U.S. equity squawk for Bloomberg. ETF expert Eric Balchunas put the performance in perspective on Friday. I'll zoom in just for the haters and show the since ATH returns, down 36%. That said, it's had multiple 30%+ drawdowns bf. This is what you get with high TE strategy. But for "fundamental" active mgrs saying I told you so, sorry to say your real competition is Vanguard, not ARK. pic.twitter.com/maS8R74LUt — Eric Balchunas (@EricBalchunas) December 3, 2021 Recall, we had just written at the end of November about how ARK was running headfirst into one setback after another this year. Wood's Ark Genomic Revolution ETF had been suffering outflows in November as its returns lagged, falling 27% year to date by the end of November. We noted the fund suffered about $520 million in outflows, YTD, at the time. That fund compares to the NASDAQ Biotechnology Index, which at the time was up 10.49%. ARKG currently trades at a level lower than where it was a year ago. Key components like Exact Sciences and Teladoc are down 37% and 45%, respectively, this year.   Nate Geraci, president of The ETF Store, told Bloomberg: “It’s interesting that typically loyal Ark investors have been bailing on the ETF. The fund’s assets have been chopped in half since February. While I don’t believe the ETF is experiencing some of sort of ‘doom loop,’ clearly the outflows are putting downward price pressure on the underlying holdings and testing the will of remaining fund owners.” One day after we published this article, Wood took to CNBC and, sounding like a guy standing next to the scratch off lottery ticket dispenser at your local 7-11, claimed she was "really concerned" that investors leaving her funds at the end of November were leaving on "downward momentum" and that they'd miss the next swing higher. Since then, ARKK is down about another 10%.  As a reminder, Wood called the pullback "one of the best buying periods for her strategy," Yahoo News/Bloomberg reported during the last week of November. The "asset manager" said during a webinar organized by Bloomberg Intelligence last week: “Our concern for our clients is so significant that I get really upset when I think that they’re selling at the low or the other way around is buying into the high. At the high late last year and into January and February, I was saying, ‘We’re going to have a correction, keep some powder dry, keep some powder dry.’” She also reaffirmed her allegiance to Tesla's Elon Musk, who has peeled off billions of dollars worth of stock over the past two weeks. Wood commented:  “Tesla wants to save us from ourselves – wants to save humanity. Elon Musk is so convinced that we need to change our ways in terms of transportation and the environment that he’s dedicated his life to it.” Zero Hedge contributor Quoth the Raven also wrote last week about how Tesla has been one of the sole saving graces of an otherwise laggard group of companies behind ARKK: I kept arriving at the one key question any potential investor in ARK’s Innovation Fund should be asking themselves: how have Cathie Wood’s returns been, without the help of Tesla? After all, Tesla is only one component in an ETF that holds dozens of names. You can find the full list here. Over the last year, the market has started to understand why asking about Wood’s other positions is such an important question. What should be worrisome to Wood’s investors is not only that her flagship fund has vastly underperformed the major market indexes YTD, but also that it has done so while her flagship ETF component, Tesla - weighted at a monstrous 10% of ARKK - has done nothing but go up. In other words, Tesla has been saving ARKK from a complete and total meltdown. It is underperformance that only a visionary “active manager” could put together. At least it seems for now that Tesla is still holding the ship up. But how long will the $1000 level last? "Wood and her investors better hope that Tesla does not collapse, and I’m guessing that the number one tea leaf they probably don’t feel like attempting to read is an explanation for Elon Musk selling billions of dollars in stock over the last few weeks," QTR wrote: At first, Musk tried to write his sales off as selling for tax purposes. But with another Form 4 hitting last night for a cool billion in stock, my guess is that other questions will soon start to surface. Namely, complex questions like: “Does the company hiring an ex-SEC and ex-DOJ attorney as its managing counsel for litigation have anything to do with Musk’s stock sales?” We also documented that Musk has now sold over $10 billion in Tesla stock in less than a month this morning. His latest share sale was reported last night on a Form 4, where the world's richest man casually peeled off about $1.01 billion worth of stock via exercising options and stock sales.  Musk has been claiming that the purpose of recent stock sales has been to offset tax liabilities, but Musk's sales have shown no signs of stopping just yet. He has now sold 10.1 million shares since November 6, when he disclosed his intent to sell in a Twitter poll. In total, his sales amount to $10.9 billion, according to Bloomberg. While Musk has been dumping stock to his loyal followers, Tesla has held somewhat steady, an anomaly we pointed out weeks ago when Musk first began his sales. If Musk keeps selling, one has to ask: how much further underwater can the ARKK go before it starts taking on real water? Tyler Durden Fri, 12/03/2021 - 15:03.....»»

Category: blogSource: zerohedgeDec 3rd, 2021

PS Business (PSB) Rewards Investors With Special Dividend

To reward its shareholders, PS Business Parks' (PSB) board of directors announces a special dividend of $4.60 per share together with the quarterly dividend of $1.05. PS Business Parks, Inc.’s PSB board of directors recently announced a special dividend of $4.60 per share of common stock. The amount will be paid out on Dec 30, 2021 to its stockholders of record as of Dec 15. The special dividend will be paid out together with the quarterly dividend of $1.05 per share of common stock.Special dividends are paid by the real-estate investment trusts (REITs) on capital gains from the sale of assets to avoid paying taxes. The U.S. law requires these companies to distribute at least 90% of their taxable income to their shareholders, annually, in the form of dividends.For PS Business Parks too, the special dividend comes as a result of divestitures. These includes a 371,000-square-foot industrial-flex business park in San Diego, CA, an office business park of 244,000 square foot in Herndon, VA and 198,000 square foot office-oriented business park located in Chantilly, VA, a 22,000-square-foot industrial-flex building in Irving, TX and an expected sale of a 53,000-square-foot office building in Beltsville, MD, which is expected to close this year. Based on estimated 2021 net operating income from the assets sold, the total sale cap rate of the 2021 dispositions was roughly 2.3%.PS Business Parks estimated its 2021 REIT taxable income long-term capital gain after considering the assets acquired which qualify as Section 1031 exchanges. The buyout efforts included the acquisitions of Port America Industrial Park in Grapevine, TXand Jupiter Business Park in Plano, TX in September and November, respectively. Based on the underwritten 2022 net operating income from the acquired properties, the combined cap rate of the 2021 acquisitions was 3.8%.Per management, "In 2021, we continued to execute on our strategy to unlock value in our portfolio and increase our long-term earnings growth rate."As investors prefer an income-generating stock, solid dividend payouts are the biggest enticement for REIT investors. Given its solid capital and liquidity position, PS Business Parks is anticipated to continue enhancing its shareholder value through an efficient capital-deployment activity.PS Business Parks has ample financial flexibility to cushion and elevate its market position. PSB exited the third quarter of 2021 with cash and cash equivalents of $46.6 million. It has low leverage relative to its total capitalization and operating cash flows, and a strong credit profile. In the absence of large-debt maturities, PSB is well poised to navigate the current situation and seize accretive growth opportunities.However, rising supply in several markets might intensify competition. With the REIT’s portfolio comprising small- and mid-size customers that are more susceptible to the pandemic’s adverse impact, rent deferrals and customer defaults might prevail in the near term.PS Business Parks currently carries a Zacks Rank #4 (Sell). The stock has gained 9.6% compared with the industry’s rally of 2.6% over the past six months.Image Source: Zacks Investment ResearchYou can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Key PicksSome better-ranked stocks from the REIT sector are OUTFRONT Media OUT, Cedar Realty Trust CDR and Apple Hospitality REIT APLE.The Zacks Consensus Estimate for OUTFRONT Media’s 2021 funds from operations (FFO) per share has been raised 13.8% over the past month. OUT flaunts a Zacks Rank #1 (Strong Buy), currently.Over the last four quarters, OUTFRONT Media’s FFO per share surpassed the consensus estimate thrice and reported in-line results once, the average surprise being 44.87%. Shares of OUT have inched up 2.8% in the past six months, against the industry’s decline of 2.6%.The Zacks Consensus Estimate for Cedar Realty Trust’s current-year FFO per share has been raised 2.6% in the past month. CDR currently sports a Zacks Rank  of 1.Over the last four quarters, Cedar Realty’s FFO per share surpassed the consensus estimate on two occasions and missed the mark on the remaining two, the average surprise being 6.40%. Shares of CDR have appreciated 47.1% in the past six months, outperforming the industry’s rally of 2.6%.The Zacks Consensus Estimate for Apple Hospitality REIT’s 2021 FFO per share has moved 4.9% north in the past month. APLE currently carries a Zacks Rank #2 (Buy).Over the last four quarters, Apple Hospitality’s FFO per share surpassed the consensus mark thrice and missed the same once, the average negative surprise being 14.2%. Shares of APLE have declined 1.6% in the past three months compared with the industry’s fall of 2.6%.Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PS Business Parks, Inc. (PSB): Free Stock Analysis Report Cedar Realty Trust, Inc. (CDR): Free Stock Analysis Report OUTFRONT Media Inc. (OUT): Free Stock Analysis Report Apple Hospitality REIT, Inc. (APLE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksDec 3rd, 2021

Ikea"s lower inventory and higher prices are due to supply shortages, but experts predict it will make the company more sustainable

Ikea's trendy, flat-packed, inexpensive items are often seen as disposable. Inventory issues and higher prices might finally change that perception. Ikea sells a lot of inexpensive items, and many of them end up in landfills.Jakub Porzycki/NurPhoto via Getty Images Ikea said pre-tax profits fell 16% mainly due to higher costs for transportation and raw materials. Ikea store owners will likely raise prices and have lower inventory due to supply-chain issues. These changes might hurt Ikea's sales but could also reduce how many items are thrown out next year. Every spring, temperatures rise, trees bloom, and piles of used Ikea items line the streets and fill dumpsters around colleges and universities. Students vacating dorms and off-campus housing either no longer need the Swedish company's inexpensive goods or don't have places to store them until classes restart in the fall. As a result, a large amount of cheap Ikea kitchenware, easy-t0-assemble furniture, and other home goods — many of them still in mint condition — are tossed out.Things could change next year. The parent company Inter Ikea Group said the 16% decline in pretax profit for its 2021 fiscal year was mainly due to higher costs for transportation and raw materials. These additional expenses, along with supply-chain issues, will likely result in higher prices and lower inventory during the furniture retailer's next fiscal year. Consumers, on and off campus, might be frustrated as a result. But the changes could help incentivize more people to retain, resell, repair, or reuse existing Ikea items, instead of simply replacing them at stores and throwing out the old ones. Engineered for the massesIkea's trendy designs have been popular among college students and budget-minded adults for decades. The company is the world's largest furniture retailer, operating 422 stores in more than 50 countries. Demand surged during the COVID-19 pandemic as people switched to working and learning at home. But Ikea's reputation for affordability and lack of durability has also pushed many consumers to view the company's items as disposable and destined for landfills.In the 1950s, Ikea popularized flat-packed, ready-to-assemble items to reduce transport costs. The company's global sales are so massive that in 2012, Ikea estimated it used 1% of the world's total commercial lumber supply. That volume can include unethical sources: A report published earlier this year said the company sold wooden children's furniture made from lumber illegally cut and processed in Russia.Many of the company's popular furniture items also don't survive disassembly and extended reuse due to the frequent use of particleboard. The engineered and heat-pressed product is made out of wood chips, sawdust, mill shavings, and adhesives. This makes the material inexpensive and light but also very fragile and readily absorbent. Designing for extended future useIkea's wordless instruction guides might be universal, but its items can also be confusing to disassemble for moves, resale, or donation. This year, the company finally published instruction guides on how to take apart six of its most popular products, as well as tips on how to extend the usage life of certain items. The moves were part of the company's growing sustainability initiatives.In the past, Ikea has tried programs for rentals, repairs, recycling, and buyback schemes, to help reduce waste, increase its sustainability, and improve its environmental impact. Sometimes Ikea pieces are rescued through "stooping" and salvaged by people who scour sidewalks, front steps, and social-media accounts for discarded furniture and other items.For too long, companies like Ikea have been criticized for how easily they made, sold, and distributed cheap goods. The supply-chain-related delays from the pandemic exposed the complicated process behind Ikea's $9 lamp and what happens to retailers when demand exceeds supply. The pandemic also increased awareness about the downsides of consumerism, something sustainability advocates have been calling attention to for decades.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderDec 2nd, 2021

Hampshire sells CT shopping center to NY investors

The Hampshire Companies has sold its Milford Plaza shopping center in Connecticut to Northpath Investments for $11 million. Hampshire bought the property for $30 million in partnership with Stonemar Properties back in 2008 A CBRE team of Jeffrey Dunne, David Gavin, Steve Bardsley, Jeremy Neuer, and Travis Langer represented both... The post Hampshire sells CT shopping center to NY investors appeared first on Real Estate Weekly. The Hampshire Companies has sold its Milford Plaza shopping center in Connecticut to Northpath Investments for $11 million. Hampshire bought the property for $30 million in partnership with Stonemar Properties back in 2008 A CBRE team of Jeffrey Dunne, David Gavin, Steve Bardsley, Jeremy Neuer, and Travis Langer represented both Hampshire and Northpath in the sale of the 180,315 s/f grocery-anchored shopping center in Milford, CT. Situated across the street from a newly developed ShopRite, Total Wine and Starbucks anchored center within Milford’s dense Route 1 retail corridor , the property is one mile from the 1.3 million s/f super-regional Connecticut Post Mall, anchored by Target, Dick’s Sporting Goods, and Macy’s. Milford Plaza is approximately 65 percent leased and is anchored by a new G-Mart grocer, which provides a strong draw to the center from a wide trade area, as well as Planet Fitness, Dollar Tree and Hartford Healthcare, providing stable in-place income. Dunne commented, “The offering represented a unique opportunity to acquire a value-add, grocery anchored center in a dense, infill market with over 108,000 residents within five miles. Milford Plaza provides stable in-place cash flow combined with the opportunity to grow NOI significantly through lease-up or partial redevelopment of the center.”   “We are very excited about our latest acquisition of Milford Plaza, which is strategically located along Boston Post Road near other major retailers. This purchase fits our company’s long-term value add strategy,” said Gershon Alexander, Principal at Northpath Investments, a New York-based investment company led by Alexander and Geoffrey Adler and focused on the acquisition, development, redevelopment, and management of retail, industrial, and office properties in the Northeast and Mid-Atlantic regions. The post Hampshire sells CT shopping center to NY investors appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyDec 1st, 2021

Bonhoeffer 3Q21 Commentary: Case Study – Millicom

Bonhoeffer Capital Management commentary for the third quarter ended September 2021, providing a case study for Millicom International Cellular SA (NASDAQ:TIGO). Q3 2021 hedge fund letters, conferences and more Dear Partner, The Bonhoeffer Fund returned -2.8% net of fees in the third quarter of 2021. In the same time period, the MSCI World ex-US, a […] Bonhoeffer Capital Management commentary for the third quarter ended September 2021, providing a case study for Millicom International Cellular SA (NASDAQ:TIGO). if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Walter Schloss Series in PDF Get the entire 10-part series on Walter Schloss in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q3 2021 hedge fund letters, conferences and more Dear Partner, The Bonhoeffer Fund returned -2.8% net of fees in the third quarter of 2021. In the same time period, the MSCI World ex-US, a broad-based index returned -0.7% and the DFA International Small Cap Value Fund, our closest benchmark, returned -2.5%. Year to date, the Bonhoeffer Fund has returned 22.9% net of fees. As of September 30, 2021, our securities have an average earnings/free cash flow yield of 14.3% and an average EV/EBITDA of 4.7. The DFA International Small Cap Value Fund had an average earnings yield of 11.1%. These multiples are lower than last quarter primarily due to increasing earnings and declining share prices. The difference between the portfolio’s market valuation and my estimate of intrinsic value is greater than 100%. I remain confident that the gap will close over time and the portfolio quality will continue to increase as we increase allocations to faster-growing firms. Bonhoeffer Fund Portfolio Overview Our investment universe has been extended beyond value-oriented special situations to include growthoriented firms using a value framework, including companies that generate growth through consolidation. There have been modest changes within the portfolio in the last quarter in line with our low historical turnover rates. We have sold Cambria Automotive which is in the process of being acquired and used the proceeds to increase our holdings in Asbury Automotive, Countryside Properties, and Millicom. As of September 30, 2021, our largest country exposures include: South Korea, United States, United Kingdom, Italy, South Africa, and Philippines. The largest industry exposures include: distribution, telecom/media, real estate/infrastructure, and consumer products. We added to some smaller positions within the portfolio and are investigating additional consolidation plays with modest valuations in industries that have nice returns on invested capital such as fiber rollouts, convenience stores, and IT services. Compound Mispricings (37% of Portfolio; Quarterly Average Performance -8%) Our Korean preferred stocks, the nonvoting share of Telecom Italia, Wilh. Wilhelmsen, and some HoldCos all feature characteristics of compound mispricings. The thesis for the closing of the voting, nonvoting, and holding company valuation gap includes evidence of better governance and liquidity. We are also looking for corporate actions such as spinoffs, sales, or holding company transactions and overall growth. Throughout the year, Net1 UEPS has been accumulating cash from the sale of its non-core assets including a Korean transaction processing network and its stake in a crypto bank. This cash, in addition to issuing some debt, was used to purchase Connect, a merchant transaction processor catering to small and medium businesses. This acquisition will complement its consumer fintech EasyPay transaction and ATM network and expand Net1 UEPS’s total addressable market to include small and midsized businesses and lead to profitability. The Korean preferred discounts in our portfolio are still large (25% to 73%). The trends of better governance and liquidity have reduced the discount in names like Samsung Electronics, and more preferred names trade at a premium to common shares. We continue to like the prospects for LG Corp preferred post LX Holdings spinoff from both a business and discount perspective. The current discount to NAV is 74% for the LG Corp preferred. In addition, this discount is based upon a base value of LG Corp with reasonable implied EV/EBITDA multiples of LG Corp subsidiaries of 4.7x for LG Electronics, 13.6x for LG Chemical (including LG’s EV battery division), and 16.7x for LG Household & Health Care. Public LBOs (37% of Portfolio; Quarterly Average Performance -1%) Our broadcast TV franchises, leasing, building products distributors, and roll-on/roll-off (RORO) shipping fall into this category. One trend I’ve noted in these firms is growth creation through acquisitions which provide synergies and operational leverage associated with vertical and horizontal consolidation and the subsequent repurchasing of shares with debt. The increased cash flow is used to pay the debt and the process is repeated. Millicom, this quarter’s case study, is a public LBO that has financed many of its investment opportunities with debt. The recently announced buyout of its Guatemalan JV partner illustrates this. The debt, when used in situations like this, has been paid down over time as Millicom generates a lot of free cash flow and can increase returns like leveraged rollups, as described below. Distribution Theme (41% of Portfolio; Quarterly Performance +3%) Our holdings in car and branded capital equipment dealerships, convenience stores, building product distributors, and capital equipment leasing firms all fall into the distribution theme. One of the main KPIs for dealerships and shopping is velocity or inventory turns. We own some of the highest-velocity dealerships in markets around the world. There have been challenges in some markets hit by COVID, like South Africa and Latin America; but there should be recovery now that vaccines have been approved and distributed. GS Retail, the second largest convenience store operator in Korea (with 14,600 convenience stores and 320 grocery stores), is the security we received for the buyout of GS Home Shopping. We have applied our growth methodology described in the last quarterly report. The following is a summary: The convenience store business is growing and consolidating worldwide. As a result of the acquisition, management is planning on using the younger customer data from GS Retail, the older customer data from GS Home Shopping, and the GS distribution network (42 logistics centers supporting convenience, grocery, and home shopping customers) to provide older and younger customers their products instore (convenience store) or next-day home delivery across Korea. Management expects 10% growth overall, composed of underlying convenience store growth of 4-5% and 5% from cross selling and digital commerce from the merger. Given the fixed costs in the convenience store network and distribution infrastructure, management expects cost synergies to generate net income margins of 5.0%. If these revenue and growth rates are realized, then a P/E closer to comparable convenience stores BGF Retail (Korea), Seven & I, and Alimentation Couche-Tard of 15-20x is not unreasonable. This range has significant upside from current P/E multiple of 5.9x and five-year forward P/E of 4.3x. Telecom/Transaction Processing Theme (36% of Portfolio; Quarterly Performance -2%) The increasing use of transaction processing in our firms’ markets and the rollout of 5G will provide growth opportunities. Given that most of these firms are holding companies and have multiple components of value (including real estate), the timeline for realization may be longer than for other firms. Telecom Italia continues to work with the Italian government and Fiber Corp to merge their telecommunications infrastructures together. Vivendi has called an emergency board meeting to ensure Telecom Italia will retain control of the combined telecommunication infrastructure after the merger. We view this action as a positive despite the decline in Telecom Italia’s share price. The updated sum-ofthe- parts analysis (as detailed in previous letters) implies an upside of 80–100%. In my opinion, much of the recent decline is due to concerns that Telecom Italia will give up control of the combined telecommunications infrastructure. Consumer Product Theme (10% of Portfolio; Quarterly Performance -7%) Our consumer product, tire, and beverage firms comprise this category. The defensive nature of these firms has led to lower-than-average performance due to the stronger performance from more recoverycorrelated names. One theme we have been examining is the increase in sales of adult products (tobacco, alcohol, and lottery) in convenience stores as other stores are removing these products from their product offerings. GS Retail is taking advantage of this trend in Korea. Real Estate/Construction Theme (23% of Portfolio; Quarterly Performance -3%) In my opinion, the pricing of our real estate holdings has been impacted by both a recession and the communist takeover in Hong Kong. The current cement and construction holdings (in US/Europe via BFS and Countryside and in Korea via Asia Cement) should do well as the world recovers from COVID shutdowns and governments start infrastructure programs. Asia Standard also declined during the quarter due to the concern over the decline in its Chinese real estate developer bond holdings. Asia Standard holds a large number of Chinese real estate developer bonds, including those of Evergrande and Kaisa. The Evergrande bonds have declined to about 20% of face value as of September 30 (they were at 40% of face value on July 31, 2021, the last market-to-market valuation date for Asia Standard’s bond portfolio) while the Kaisa bonds have declined to 85% of face value. I ran a stress test assuming a 25% decline in the bond portfolio from July 31, 2021. This is 2x the 13% decline in the portfolio from Evergrande and Kaisa bond prices between July 31, 2021, to September 30, 2021. The resulting NAV/share is $8.09 versus the $10.09 NAV as of July 31, 2021. The September 30 stock price of $0.85 is at a 91% discount to the stressed NAV and 92% to the July 31, 2021, NAV. Consolidation Frameworks In our Q1 letter, we described how we are examining growth opportunities associated with consolidation in fragmented industries. Growth from consolidation can be a resilient form of growth as it is dependent upon the availability of target firms and associated cost and revenue synergies versus overall market growth. When consolidation growth is combined with modest industry growth, some exciting growth can be realized. If the firms also exhibit operational leverage from economies of scale/scope, then the combined effect can be significant growth in earnings or free cash flows. The advantage of this type of growth is that it is realized over time and not recognized by the market in advance. This can be seen in the price charts of many of these firms moving from the lower left to the upper right over time as the growth is realized. Fragmented markets can have long runways associated with consolidation and economies of scale and scope which can lead to cash flow growth in excess of the market growth for many years. We try to identify these markets and firms that can ride the consolation wave over a long timeframe. Some of these firms have valuations reflecting some of the future growth and some have little to no premium reflecting future growth from consolidation. Currently, the internet (an innovation) is providing more consolidation via additional fragmentation of retail demand from offline, online, and omni-channel selling channels. An example is traditional auto dealers using an omni-channel sales approach and Carvana who is exclusively online. Bonhoeffer is looking for businesses that are adopting the innovation (internet distribution) which will enhance growth going forward but where it is not recognized by the market yet, as evidenced by the current stock price. Some analysts have developed useful frameworks to evaluate consolidation or serial acquirer situations. Scott Capital has developed a useful framework1 for categorizing consolidators, shown below: Scott has categorized these types of firms depending upon the level of target integration. Most of the firms we have been examining recently have been rollups (firms in the same industry) with scale-driven synergies and operational leverage. We also hold one platform (Wilh. Wilhelmsen) and one holding company (LG Corp). Another way to look at these firms is cross-sectionally based on total addressable market (TAM) size and integration of operations, as described by Canuck Analysts Substack2 below: Using this framework for our current areas of interest (rollups), I have been monitoring acquisition multiples in the car dealers (Asbury Automotive), local TV and radio firms (Gray Television), building supply distribution (Builders First Source), Latin American telecommunications (Millicom), cement firms (Asia Cement), equipment leasing firms (Ashtead), and network processing (Net 1 UEPS). In each of these segments, multiples have been modest. None of these firms have done international “diworsifying” deals to date and some have recently divested unrelated firms (Net 1 UEPS, Daelim Industrial and LG Corp). In each of these markets, the market share of the top firms is less than 10% except for GS Retail, where itself and FRB have a dominant share of 31% each, and Millicom, where it has a leading or number two position in eight of its nine markets where it competes. The small market shares provide a large runway for consolidation in its existing industry for years to come. Also, none have made international expansion into new markets outside their existing footprints. A return benchmark developed by the Canuck Analysts Substack3 is shown below: This framework, used in combination with calculating return on incremental capital, can illustrate where the invested capital returns can be modest. As an example, we will look at Asbury Automotive. Asbury’s returns on invested capital averaged 13%, and the return on equity averages 31% over the past 10 years plus an organic growth rate of 2 to 3% per year based upon US auto sales and maintenance service costs. This results in an ROIC plus ½ of annual organic growth of about 15%. The size of Asbury’s acquisitions has been about $1.4 billion over the past five years. Below is Asbury’s return on incremental invested capital over the past 10 years which has averaged in the upper teens during that period. For other serial acquirers like Ashtead, the organic growth rate is 6% and its ROICs over the past 10 years is 14% resulting in an ROIC plus ½ of annual organic growth of about 17%. The size of Ashtead’s acquisitions has been about $2.0 billion over the past five years. Conclusion As always, if you would like to discuss any of the philosophies or investments in deeper detail, then please do not hesitate to reach out. Until next quarter, thank you for your confidence in our work and have a safe and warm year-end holiday season. Warm Regards, Keith D. Smith, CFA Case Study: Millicom International Cellular SA (TIGO) Millicom International Cellular SA (NASDAQ:TIGO) provides mobile and broadband telecommunications services to consumers and businesses in Central America (Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama) and South America (Columbia, Bolivia, and Paraguay). TIGO provides legacy voice, wireless and data services, and fiber-based services to firms and individuals. Currently, TIGO has 43.1 million wireless subscribers, including 20.3 million 4G subscribers and 4.9 million home customers, including 8.4 million revenue generating units (RGUs) and 4.1 million broadband subscribers. In addition, TIGO’s network includes 5,400 points of presence and 300,000 business customers. TIGO is the number one or two broadband and wireless provider in eight of the nine markets in which TIGO competes. Recently, TIGO announced the purchase of its joint venture (JV) partner’s share of its JV in Guatemala for $2.2 billion. This transaction will be financed by debt and a shareholder friendly common stock rights offering. TIGO provides mobile money/banking services for five million customers in six countries. TIGO also has 10,000 towers and 13 data centers which can be sold and leased backed. TIGO is in the process of separating its towers and data centers (like Telefónica and América Móvil) and its mobile money/banking service to facilitate sales or investments by third parties. In 2017, TIGO sold 3,410 towers in Columbia, El Salvador, and Paraguay for $417 million or $122,287 per tower. Historically, TIGO operated in both Africa and Latin America. Over the past five years, TIGO has divested its African telecommunications assets and purchased additional assets in Latin America. TIGO’s network passes over 12.2 million homes (24% penetration of total homes) and covers 80% of mobile phones. The firm is in the midst of rolling out fiber to homes to provide broadband connectivity to Latin American customers. This rollout is being funded by cash flow from operations. The firm has been described as building a Charter Communications under a wireless Verizon umbrella. This is similar to our Consolidated Communications play with the additional benefit of having a wireless network and a mobile money business. In most countries in which TIGO operates, they have joint ventures or minority interest local partners. TIGO currently has an average high-speed internet (HSI) penetration rate (a take rate of HSI for homes passed) of about 39% across the countries it serves. This has increased by 1.4% since year-end 2020. To put this in context, most cable broadband penetrations are in the 50% plus range. In seven of the nine countries they serve, TIGO is the number one or two competitor in wireless and broadband in two-player markets (Guatemala, Honduras, El Salvador, Costa Rica, Panama, Bolivia, and Paraguay) and number three in two markets (Nicaragua and Costa Rica). The Q3 2021 mobile average revenue per RGU was $6.40 per month, and the broadband revenue per RGU was $28.10 per month. The largest shares of proportional EBITDA are from Guatemala (38%), Bolivia (11%), Paraguay (11%), Panama (10%), and Columbia (9%). In terms of regions, 70% of EBITDA is from Central America and 30% from South America. TIGO has developed a customer-focused culture at the corporate and country level using NPS as a metric which is collected and used as a management incentive to increase customer satisfaction. In addition, the countries that TIGO serves have stable currencies versus the US dollar. Since 2000, the EBITDA weighted average currency movements have been only 0.7% per year. Another positive trend is the movement of suppliers to US-based firms moving from China to a closer location with political and currency stability—Central America. If we look at the index of economic freedom for the Central American countries in which TIGO primarily operates, they have a moderately free ranking. For the subcategories most of interest to suppliers (tax burden and trade and business freedom), they all are ranked free or mostly free (highest ratings). Millicom and Fiber-optic Rollout The Latin American telecommunications services market is a local, fragmented market. Consolidation has occurred over the past 10 years amongst these local players, and the next generation of technology (fiber-optic connections) is being rolled out. Fiber-optic rollouts are generating organic growth and economies of scale with high incremental user profitability. Millicom has created economies of scale depending upon the geography of the acquired telecommunications firm. There is also the vertical integration across telecommunications services (like wireless, voice, data, cable, and hosting) in a given geography which can create additional economies of scale. With these rollouts, telecommunications companies compete with the local cable companies—and in some cases wireless providers—to provide HSI and other services to customers in their local footprints. Historically, telecommunications and cable firms have had poor customer service, as evidenced by low net promoter scores (NPSs). Keith Rabois, a founder of PayPal, has tweeted, “Formula for startup success: Find large highly fragmented industry w low NPS; vertically integrate a solution to simplify value product.” Part of simplifying the solution is providing multiple services and good customer service. The telecommunication services market fits this description. The new fiber rollouts are analogous to organic startups and thus can also be successful in the vertical integration into these markets. Business and Service Analysis One way to look at telecom business is to divide it into slowly growing (wireless) and quickly growing segments (HSI). The slower-growing wireless business is mature and is growing about 2% per year. The HSI business is growing at an 8% annual rate driven by fiber rollouts in TIGO’s countries. Millicom’s overall mix of wireless and HSI revenue is 33% HSI and 67% wireless, with 67% recurring subscription revenue (HSI and post-paid wireless) but varies by country. The current revenue growth rate is 4.3% and will increase to 5%, by the end of 10 years and the HSI/wireless mix approach 50%/50%. If we look at unit economics of the fiber rollout, it is also quite favorable. According to management, the estimated cost to pass each new customer is about $150; and the cost to connect a customer is $100. This is similar to the cost reported by Oi, a telecommunications firm rolling out a fiber-optic network in Brazil. If you have a final penetration rate of 45% using the current HSI monthly charge of $28/month, and a steady-state EBITDA margin of 45% (which management believes are both achievable at scale; the current margin is 40%), then the payback time is between six and seven years, and the unlevered IRR is 26% and a levered return of 52%. See Exhibit A for details. Latin America Broadband Telecommunications Market The broadband telecom business in Latin America is a fragmented market on an international basis and a concentrated market on a country-by-country basis. The market is a local market, so the smaller country markets only have a few competitors. This leads to less price competition for TIGO than in larger, more urban markets where there are more competitors. Gig speed internet and wireless are core infrastructure services that will be required in the internet service economy. Currently, broadband usage is growing at a 30-40%/year rate and is expected to increase going forward, as more bandwidthintensive applications are developed and rolled out over time. Since most of TIGO’s competition is from cable companies and incumbent telecom firms (that have low NPSs), TIGO has an opportunity to provide improved customer service versus the cable companies. This highlights the importance of the decentralized management system, incentivized and shareholding country managers, and including NPSs in management’s incentive compensation at the corporate and country levels. Of the other publicly traded Latin American telecommunications firms, TIGO has the largest potential to increase HSI organic revenue growth (by 8%) via a fiber rollout in its incumbent territories. This can be seen in the projections based upon the currently planned and financed fiber rollout shown in Exhibit B. The tilt toward the faster-growing Central American countries (which should get some opportunities to replace China as exporters to the US) versus the slower-growing South American countries will also add a nice tailwind. The countries TIGO services had an average real GDP growth rate of 3.2% per year over the past five years versus the overall 0.7% GDP growth rate for all of Latin America. Downside Protection TIGO has been reducing debt over the past few years with a current proportional debt/EBITDA of 2.7x and a goal of 2.0x. TIGO has a bond rating of Ba2 and yields 3.5% for five- to 10-year bonds. TIGO is in a defensive business—telecommunications services—which has a large amount of recurring revenue. HSI data revenues are increasing, while wireless revenues are increasing at a slower rate. See below for projections and Exhibit B for more detailed projections. Below is the proportional historical and projected revenue, EBITDA, and FCF since 2016 when the Guatemalan and Honduran JVs were deconsolidated. Management and Incentives One of the risks in emerging-markets investing is management, as they may have different incentives than those to which Western investors are accustomed. In this case, you have a management team based in the US (Miami) that has been historically influenced by the firm’s domicile, Sweden. TIGO is led by a former Liberty Latin America executive, Mauricio Ramos. He brings the Liberty Media playbook (a successful leveraged rollup strategy of cable-related properties and associated shareholder friendly corporate actions) to the markets that TIGO serves. TIGO is listed in Sweden and the United States and brings the corporate governance practices, capital allocation, and shareholder renumeration approaches to its operations throughout Latin America. In many countries, TIGO has local JV partners which provide TIGO with access to the local connections. TIGO has management incentives, including TIGO stock (with minimum levels for country managers) at both the corporate and country levels. The capital allocation is also done at both the corporate and country levels. This country-level capital allocation, incentives, and stock ownership is unusual for a Latin American company. The major categories of capital allocation for TIGO are: 1) purchasing minority interests from partners, 2) investing in the HSI broadband rollout described above, 3) selective acquisitions, 4) repurchasing shares, or 5) distributing dividends. Categories 1, 2, 3 and 4 have the most well-defined and highest returns and have been used by management in the past. In 2020, the CEO’s management compensation was 20% base salary and 80% incentive-based bonus, of which short-term incentive (STI) is 50% equity based (TIGO shares) and 50% cash based and long-term incentive (LTI) is 100% equity based (TIGO shares). The 2020 STI compensation was based on service revenue growth, EBITDA growth, operational cash flow growth, NPS, and other operational goals. The 2020 LTI compensation is based upon service and EBITDA growth and relative total shareholder return versus peers. The 2020 equity-based shares were issued at $38.09 per share, and the 2019 shares were issued at $42.70 per share. Overall, 700,000 shares were granted in 2020 (about 0.7% of shares outstanding per year). The management team owns 0.7% of TIGO common stock. TIGO has stock ownership guidelines of 5x the salary for the CEO, 3x for other senior managers, and 1x for country managers. Valuation The valuation of TIGO is an interesting exercise because its expected growth rate is accelerated by the fiber rollout and share buybacks described above. The implied growth using the Graham Formula, adjusted to today’s interest rates ((8.5 + 2g)*(4.4/AAA bond rate)) and the current P/E, is -1.8%, clearly implying that the market expects TIGO’s cash flows to continue to decline. Some benchmarks for growth are the projected sales growth rates of 4.5% per year (based upon the fiber rollout), an EBITDA growth rate of 6% per year, and an adjusted free cash flow growth of 12%. The question is whether this growth rate is sustainable over the next seven years. Given the key penetration, margin, investment, and timing assumptions in the projection model, I believe it is. TIGO is the only Latin American publicly traded telecom firm that has a rollout of this magnitude (adding 18% to revenue) scheduled over the next five to seven years. One firm that also has a Latin American footprint is Liberty Latin America (LILA). LILA has grown revenues and EBITDA at about 8% per year since 2015. The EBITDA margin is similar to TIGO, but historically the conversion to FCF from EBITDA was 50% less than TIGO—25% for TIGO and closer to 12% for LILA. The current FCF multiple of LILA is about 16x. If that multiple is applied to TIGO’s FCF, it yields a value of $74 per share, which I believe is a reasonable 12-month target. If, over the five to seven years, a 12% FCF growth is attained, then the earnings will be $8.19. Applying a 23.8x multiple to these earnings (implying a 4% growth rate over the subsequent seven years) means a value of $195 per share is obtained. Another way to look at valuation is on an enterprise basis. If we value TIGO on a forward EBITDA basis of 9x EBITDA (the current multiple of cable overbuilder WOW!), then the resulting value is $200 per share. If we consider both benchmarks, then a $200 price target is not unreasonable. See Exhibit B for details. This results in a five-year IRR of about 42%. In addition to the core assets, TIGO has about 10,000 towers (with an additional 2,000 under construction), 13 data centers, and a mobile banking division. According to management, these non-core assets are being prepared for either sale-leasebacks or investments by third parties. The estimated value of the towers and data centers is about $2 billion—$1.1 billion for the towers and $900 million for the data centers. The tower valuation of $1.4 billion is based upon an estimated value per tower of $120k based upon tower transaction values (TIGO’s historic transactions averaged $122k/tower and a 2021 Telxius transaction was $110k/tower, 9,300 Latin American towers for €900 million) and Telesites’s current valuation of $252k/tower times 12,000 towers. The data center valuation of $750 million is based upon an estimated value per data center of $58k which is based upon Latin American data center transactions (Anxel data centers were purchase by Equinix for $58k/center, three data centers for $175 million, and Telefónica data centers were purchased by Asterion for $58k/data center, nine data centers for €550 million) times 13 data center. Adding together the towers and data centers, the total valuation of these assets is $2.1 billion. The mobile banking division (TIGO Money) can be valued using a range of values based upon the value of African mobile banking firms and Latin American neobank firms. The mobile banking business had 5 million customers and 48 million transactions in 2020. If we use African mobile banking transactions (20 million Airtel customers were purchased for $2.6 billion and 46 million MTN customers were purchased for $5.0 billion), the average value per user is $121. If we use $121/customer times 5 million transactions, it implies a $600 million value for TIGO Money. If we use recent Latin American neobank transactions (40 million Nubank (Brazil) customers were purchased for a $30 billion valuation and 3.5 million Ualá (Argentina) customers were purchased for a $2.45 billion valuation), the average value per user is $750. If we use the midpoint of the African mobile banking and Latin American neobanks of $435, we get $435 times 5 million customers, and the resulting value is $2.2 billion. This is additional value of $2.7 to $4.2 billion ($27 to $42 per share) in addition to the core business value estimated above. So, for example, if you assume a 12% FCF growth rate and the value of non-core assets, you get a total value of $255 to $270 per share. Comparables Given the fiber rollout and the size of TIGO, the comparable firms include US and Italian small-cap telecommunications firms. One of the larger issues in Latin American firms versus developed markets is currency risk, however; as described above, TIGO’s currency risk is similar to developed markets’ risk. The following are the comparable firms in the US and Italian telecommunications markets. The smaller Italian telecom firms have smaller floats than the US firms and are majority controlled (70%+) by the original owners. There have been some private equity acquisitions in the US rural local exchange carriers (RLEC) space, namely Cincinnati Bell and Alaska Communications. These firms have a similar dynamic associated with their respective fiber rollouts, and private equity firms have invested in these firms for similar reasons that make CNSL attractive. Cincinnati Bell has been purchased by the private equity firm Macquarie Infrastructure Partners, which outbid an original offer from Brookfield Asset Management. Alaska Communications is also in the process of being purchased by ATN International and Freedom 3 Capital. The EV/EBITDA paid by these buyers was 6.5 to 6.9x EBITDA for assets with lower margins than the current price of TIGO (4.6x EBITDA). Benchmarking In comparison to other US and Italian firms, TIGO has above-average (but good) FCF ROE and a high EBITDA margin. With TIGO’s fiber rollout and customer take-up, the fixed asset turns and ROEs should increase. With these favorable operational metrics, TIGO has one of the lowest current and 2021 P/FCF ratios of either group. Risks The primary risks to achieving a target valuation of $72 per share for TIGO include: a lower-than-expected broadband penetration of fiber rollout communities; and a quicker-than-expected decline in the legacy telecom lines. Potential Upside/Catalysts The primary upsides/catalysts include: faster-than-expected penetration of uptake of broadband services; operational leverage due to economies of scale; and re-rating to reflect higher growth. Timeline/Investment Horizon The short-term target is $72, which is more than double today’s price. I think the investment thesis can play out over the next three to five years. By that time, TIGO’s net income and earnings should have appreciated by 75%, and the fair multiple could triple with a 4% increased growth rate. If that is the case, then TIGO will attain a 6.7x return to $235 over five years or 46% annualized. This is similar to a “Davis double,” where both underlying earnings increase along with the fair value multiple. Updated on Dec 1, 2021, 1:24 pm (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalkDec 1st, 2021

Will Keurig"s (KDP) Robust Upside Story Continue Despite Woes?

Keurig (KDP) witnesses a solid in-market performance and robust growth across segments, and remains on track with cost-management initiatives. These bode well for the stock's growth in the days ahead. Keurig Dr Pepper Inc. KDP displays a remarkable upside story despite the looming effects of the coronavirus pandemic. Strength across its businesses has been the cornerstone of its success. The company witnessed top-line growth in the third quarter of 2021, driven by growth across all business segments, with the Beverage Concentrates and Latin America Beverages segments posting strong double-digit growth.In third-quarter 2021, the company's bottom line met the Zacks Consensus Estimate, while sales surpassed the same. Both metrics improved year over year. Results gained from a solid top-line momentum. KDP witnessed strong market share gains, and in-market performances across categories and brands in the quarter.The Zacks Rank #3 (Hold) company has a market capitalization of $49.9 billion. Year to date, KDP has gained 6.2% compared with the industry's growth of 3.3%. It also compares favorably against the Consumer Staples sector's decline of 0.3%. Image Source: Zacks Investment Research In the past 30 days, the company's estimates for 2021 earnings per share have been unchanged. For fiscal 2021, its earnings estimates are pegged at $1.60 per share, suggesting 14.3% growth from the year-ago period.Here's Why Keurig Dr Pepper Should Retain the MomentumKeurig is likely to retain its strong performance in the Packaged Beverages segment, attributable to growth in CSDs, particularly Dr Pepper, Canada Dry, Sunkist, A&W, 7UP, and Squirt as well as growth in Polar and Mott's. Favorable volume/mix and higher net price realization have been aiding the segment's sales. Also, strong market share growth is anticipated to keep aiding the segment's performance in the near term.Keurig witnessed a strong in-market performance in the third quarter. The company recorded dollar consumption growth of 6.8% across the cold beverage retail base, including improvement in categories such as CSDs, premium unflavored water, enhanced flavored water, apple juice, apple sauce, and coconut water. Dr Pepper, Sunkist, Canada Dry, A&W and Squirt CSDs, Evian, Bai, Vita Coco, Polar, and Mott's apple juice and apple sauce were the key brands aiding growth.KDP's carbonated soft drinks have been gaining traction, driven by core brand growth and successful innovation, particularly its new-zero sugar variety. Sunkist emerged to become the leading fruit-flavored CSD brand with double-digit consumption growth, followed by the solid performance in Canada Dry, A&W and Squirt. The Dr Pepper brand is also performing well on robust consumption growth.The company's manufactured pods and tracked channels witnessed year-over-year market share growth of 83% in the third quarter. Brewer shipments rose 2.2% in the quarter, while brewer sales rallied 44% on a two-year basis. Management launched Keurig Supreme Plus SMART in July only on its website. The product comes with the MultiStream Technology and features the new BrewID technology. The latest innovation will likely be rolled out in stores in the holiday season.Driven by the impressive third-quarter results, Keurig raised its constant-currency sales view for 2021 and reiterated its adjusted earnings guidance. The company expects constant-currency net sales growth of 7-8% compared with 6-7% growth mentioned earlier. Management continues to expect adjusted earnings growth of 13-15%, backed by improved sales and any increase in profits anticipated to be reinvested in its business.Management is on track with prudent cost-management actions. Investments in marketing, product innovation and technology upgrades are likely to yield results.Hurdles to OvercomeLike others in the industry, Keurig continues to witness headwinds related to input cost inflation, labor shortages, rising transportation and logistics costs, and supply-chain disruptions, which are likely to persist for the rest of the year. Management is currently experiencing higher-than-anticipated inflation. It expects inflation, including the cost of goods sold, transportation, warehousing and logistics, and SG&A, to rise 6% year over year in 2021.Headwinds related to the supply chain affected the non-carb beverage unit's sales in the third quarter of 2021. Alongside these, reduced government stimulus remains concerning.Stocks to WatchWe have highlighted some better-ranked stocks from the broader Consumer Staples space, namely United Natural Foods UNFI, MGP Ingredients MGPI and Hershey HSY.United Natural currently sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 13.1%, on average. Shares of UNFI have surged 211.3% year to date.You can see the complete list of today's Zacks #1 Rank stocks here.The Zacks Consensus Estimate for United Natural's current financial-year sales suggests growth of 4.1% and that for earnings per share reflects growth of 5.2% from the year-ago period's reported figure.MGP Ingredients, a Zacks Rank #1 stock, has a trailing four-quarter earnings surprise of 117.6%, on average. The MGPI stock has gained 65.7% year to date.The Zacks Consensus Estimate for MGP Ingredients' current financial-year sales and earnings per share suggests growth of 55.5% and 61.4%, respectively, from the year-ago period's reported numbers.Hershey currently carries a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 4.4%, on average. Shares of the company have gained 16.5% in the year-to-date period.The Zacks Consensus Estimate for Hershey's current financial-year sales and earnings per share suggests growth of 8.9% and 12.6%, respectively, from the year-ago period. HSY has an expected long-term earnings growth rate of 8.5%. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You know this company from its past glory days, but few would expect that it's poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks' Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hershey Company The (HSY): Free Stock Analysis Report United Natural Foods, Inc. (UNFI): Free Stock Analysis Report MGP Ingredients, Inc. (MGPI): Free Stock Analysis Report Keurig Dr Pepper, Inc (KDP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research.....»»

Category: topSource: zacksDec 1st, 2021

French-American School sells White Plains campus to developer

The French-American School of New York (FASNY) said today that it has sold its 130-acre property in the Gedney Farms neighborhood of White Plains to The Farrell Building Company, a residential developer. The sale price was not disclosed. The sale includes four parcels that comprised the former Ridgeway Country Club... The post French-American School sells White Plains campus to developer appeared first on Real Estate Weekly. The French-American School of New York (FASNY) said today that it has sold its 130-acre property in the Gedney Farms neighborhood of White Plains to The Farrell Building Company, a residential developer. The sale price was not disclosed. The sale includes four parcels that comprised the former Ridgeway Country Club (pictured top) that FASNY purchased in December 2010:  Parcel A, that in November 2017 was approved by the City for construction of its Secondary School (grades 6-12) consisting of 27.7 acres between Ridgeway, Hathaway Lane, and Gedney Esplanade; Parcel B, 14 acres between Gedney Esplanade and Heatherbloom Road; Parcel C, 15.6 acres between Heatherbloom and Bryant Avenue; and Parcel D, 72.3 acres between Hathaway, Ridgeway, Bryant and North Street. The property is zoned R1-30 allowing single-family residential lots of 30,000 square feet. FASNY purchased the former Ridgeway County Club property in December 2010 as the proposed location for a new school campus. Following a protracted approval process and ensuing legal battle, FASNY entered a stipulation of settlement with the City in 2016 and, in 2017, ultimately obtained a site plan and special use permit for a reduced project for its Secondary School (grades 6-12) on Parcel A. In 2019 FASNY listed Parcels B, C and D for sale. FASNY said that over the course of the last couple of years, the space requirements and planning needs of the school evolved and shifted, leading to the conclusion that selling the entire property was in the school’s best future interests. FASNY offered its sincere, heartfelt thanks for the extensive support it received for its plan throughout the approval process from individuals and organizations across White Plains and the greater community, recognizing the countless hours, late night meetings, letters of support and much more. FASNY specifically thanked Mayor Tom Roach and the members of the White Plains Common Council who voted to approve the school’s plan, as well as the city corporation counsel and department commissioners and staff; the leaders and supporters of White Plains Neighbors ACT; the coalition of White Plains religious leaders; local and regional environmental organizations; the Business Council of Westchester, the Westchester County Association and local businesses; and the thousands of individuals who signed petitions, wrote letters and spoke at public hearings in favor of the school plan. The post French-American School sells White Plains campus to developer appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklyNov 30th, 2021

Why the buyer of Beeple"s $69 million NFT wants everyone to make free copies of the digital art

Information wants to be free, and paywalls don't work, Vignesh Sundaresan, who's also known as MetaKovan, told Bloomberg. Beeple's NFT collection.Business Insider In March, Vignesh Sundaresan spent $69 million for the NFT of Beeple's "Everydays." Now, he says he would be happy if everyone had a free copy of the artwork. That's because he said information on the internet wants to be free, and paywalls don't work.  In March, Beeple sold a digital collection of his art as an NFT for a record $69 million. Now, the buyer wants everyone to have a free copy. The buyer, Vignesh Sundaresan, who's also known as MetaKovan, told Bloomberg he'd be happy if everyone downloaded a copy of the multi-million dollar non-fungible token, "Everydays: The First 5,000 Days."That's because Sundaresan, a crypto investor who cofounded bitcoin ATM company BitAccess, told Bloomberg "information wants to be free," and keeping things on the internet inside walled gardens like paywalls doesn't work well.To him, everyone should be able to enjoy an NFT, a digital piece of art tied to the blockchain, without having to pay for it. For those who pay for the production, they get the credit for it, Bloomberg wrote. "Instead of giving the importance to that copy of the file, it kind of gives importance to something else big. The idea that some person supported an artist at some time and this was the memorabilia," he told Bloomberg.NFTs have ballooned to a massive market this year, reaching more than $10 billion in trading volume in the third quarter alone, a more than 700% jump from the prior three months. Even as the mania around them continues, NFT enthusiasts and critics are sparring over the digital asset's actual worth. Enthusiasts say NFTs are the key to unlocking the future internet, known as the metaverse; critics say they're nothing more than a file that can be right clicked and downloaded. One critic even downloaded all of them to make a point. In April, Sundaresan said investing in NFTs is "even crazier than investing in crypto" and said the asset class wouldn't hold the hype forever. Instead, he said high-value items would be limited with an infinite number of low-value items. Read the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 30th, 2021

Regional Spotlight: Northern Virginia Homes Prices Climb as Inventory Drops

Differing from the nation’s overall housing market, home sales in Northern Virginia were down slightly in October from September; however, prices continued to grow while inventory shrank from October 2020, mirroring the national market, according to the Northern Virginia Association of REALTORS® (NVAR). Locally and nationally, homes sales decreased from the frenzy of October 2020. “Price and availability […] The post Regional Spotlight: Northern Virginia Homes Prices Climb as Inventory Drops appeared first on RISMedia. Differing from the nation’s overall housing market, home sales in Northern Virginia were down slightly in October from September; however, prices continued to grow while inventory shrank from October 2020, mirroring the national market, according to the Northern Virginia Association of REALTORS® (NVAR). Locally and nationally, homes sales decreased from the frenzy of October 2020. “Price and availability are the housing stories of the year—both for our market and nationally. One goes up as the other goes down.  With mortgage rates expected to go up, both price growth and housing supply may moderate,” said Ryan McLaughlin, CEO of NVAR. Locally, inventory in October was down 12.25% from 2020. Nationally, the inventory of unsold homes similarly decreased 12% from last October, according to The National Association of REALTORS® (NAR).  Supply was even tighter in Northern Virginia which had only 1.19 months of supply available while nationally the supply was 2.4 months. In the region, homes remained on the market for 23 days on average, while nationally properties remained on the market for 18 days in October. Prices locally and nationally continue to grow, but nationally prices are jumping at a faster pace. In Northern Virginia, the median sold price of homes this October was $625,000, up by 4.2% from $600,000 in October 2020. Nationally, the median home price in October was $353,900, up 13.1% from the prior year. In Northern Virginia, homes sales dropped slightly in October compared to September and 8.2% compared to a year ago. Nationally, sales grew marginally from September while sales fell 5.8% from a year ago. McLaughlin added, “Even though our housing market was down a little in October, it continued to outpace five-year averages, with sales and listings higher than October activity in 2019. Our ongoing market strength reflects the region’s strong economy and desirability as a place to live.” Source: Northern Virginia Association of REALTORS® The post Regional Spotlight: Northern Virginia Homes Prices Climb as Inventory Drops appeared first on RISMedia......»»

Category: realestateSource: rismediaNov 29th, 2021

150+ of the best Cyber Monday deals to shop now: Target, Amazon, Walmart, and more

Shop Cyber Monday deals now. Save big at Amazon, Walmart, Target, and Nordstrom, and with small brands like Outdoor Voices, Eberjey, and Kiehl's. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Alyssa Powell/InsiderIt's November 29, which means Cyber Monday is live. Cyber Monday is explicitly an online-shopping event — even more so than Black Friday — and it's historically brought some of the sales weekend's lowest prices. While Cyber Monday is officially live now, many retailers are continuing Black Friday deals right now.Cyber Monday is a particularly great time to shop for tech, smart home, and gift cards, but categories like kitchen and home, as well as personal care are also very active.  Stock is typically more limited than Black Friday, which means acting fast is key to getting a good deal. Bookmark this page and check back throughout the day to keep up with discounts without spending all day combing the internet; we'll do the heavy lifting for you.At Insider Reviews, we test products all year and track their price history so we can give you solid buying advice during big shopping events like Cyber Monday. Tons of deals are available now on products we love and trust, and we're highlighting the best ones below.Spotlight: Our top 10 standout Cyber Monday dealsSony WH-1000XM4, $248 (originally $349.99)Amazon Echo (4th Gen), $59.99 (originally $99.99)KitchenAid Professional 5 Plus Series 5-Quart Bowl-Lift Stand Mixer, $294.11 (originally $429.99)Molekule Air Purifier, $479 (originally $799)Dyson V8 Absolute, $399.99 (originally $449.99)Eufy BoostIQ RoboVac 15C MAX, $169.99 (originally $279.99)Hulu Monthly Subscription, $0.99 (originally $6.99)Amazon Prime Video Channel Add-Ons, $0.99 for up to two months (originally up to $10.99 per month)L.L.Bean Wicked Good Slippers, Men's $75.65 (originally $89), Women's $67.15 (originally $79), and Toddlers $33.96 (originally 39.94)Lululemon Wunder Under High-Rise Tight, $69 (originally $98)Best Cyber Monday 2021 tech dealsAnker PowerWave Alloy PadIf you have a phone capable of charging at 15W or you want to future-proof, then the Anker PowerWave Alloy Pad is best for you.$24.79 FROM AMAZONOriginally $30.99 | Save 20%Belkin 15W Boost Charge Wireless ChargerBelkin's Boost Charge Wireless Charger is inexpensive, includes a charger and cable, and works as well as all the other options we tested.$29.99 FROM BEST BUYOriginally $39.99 | Save 25%Apple MagSafe ChargerApple’s MagSafe wireless charger uses magnets snap in place on the iPhone 12 and delivers charging of up to 15 watts. It is still compatible with wireless Qi charging, so older iPhone models can use it too, though they have to rest flat against the charger, as they lack the embedded magnets to take advantage of snap-on alignment. This is great for any iPhone owner looking for wireless charging and is on sale for $34.$29.99 FROM AMAZONOriginally $39.00 | Save 23%Roku Streaming Stick 4K (2021)Compared to the Roku Streaming Stick+, the new Streaming Stick 4K provides an improved viewing experience by adding support for Dolby Vision. This advanced high dynamic range (HDR) format can provide better picture quality on TVs that support it.$29.00 FROM AMAZONOriginally $49.99 | Save 42%$29.99 FROM ROKUOriginally $49.99 | Save 40%$29.99 FROM BEST BUYOriginally $49.99 | Save 40%$29.00 FROM WALMARTOriginally $49.99 | Save 42%Apple Pencil (2nd Generation)The Apple Pencil is a special stylus that lets you draw and handwrite on your iPad. There are two versions of the Apple Pencil, and they each work with a different collection of iPads.$99.00 FROM AMAZONOriginally $129.00 | Save 23%$99.00 FROM BEST BUYOriginally $129.00 | Save 23%$99.99 FROM VERIZONOriginally $129.99 | Save 23%$129.00 FROM APPLERoku Streambar 2020Too much clutter under the TV? The interesting Roku Streambar combines all of the features of a Roku 4K player with a compact soundbar.$79.98 FROM AMAZONOriginally $129.99 | Save 38%$79.98 FROM BEST BUYOriginally $129.99 | Save 38%$79.98 FROM TARGETOriginally $129.99 | Save 38%$99.00 FROM WALMARTOriginally $129.99 | Save 24%Google Nest Hub (2nd gen)The Google Nest Hub is a smart display with a unique Sleep Sensing feature to help you monitor your sleep habits. $49.99 FROM KOHL'SOriginally $99.99 | Save 50%$49.98 FROM WALMARTOriginally $99.98 | Save 50%$49.99 FROM BEST BUYOriginally $99.99 | Save 50%Apple Watch Series 7Much more than a timepiece, the Apple Watch can also be used for keeping track of workouts, making phone calls, sending text messages, setting timers and alarms, counting calories, and more.$379.99 FROM AMAZONOriginally $399.00 | Save 5%$379.99 FROM WALMARTOriginally $399.00 | Save 5%$399.00 FROM APPLESamsung Galaxy Watch 4 (40mm)The Samsung Galaxy Watch 4 is the obvious choice for Android users looking for a comprehensive, quality, premium smartwatch experience. However, it's a shame that the ECG feature is limited specifically to Samsung phone owners. $199.99 FROM AMAZONOriginally $249.99 | Save 20%$199.99 FROM TARGETOriginally $249.99 | Save 20%$199.99 FROM BEST BUYOriginally $249.99 | Save 20%MasterClass 2-for-1 membershipGet two MasterClass subscriptions for the price of one! Each subscription gets you access to all of MasterClass, so you can watch or sample unlimited celebrity and expert-led classes across a wide range of topics.$180.00 FROM MASTERCLASSOriginally $360.00 | Save 50%Bose QuietComfort 45The QuietComfort 45 have a refreshed design with improved noise cancelling and better battery life.$279.00 FROM BEST BUYOriginally $329.00 | Save 15%$279.00 FROM BOSEOriginally $329.00 | Save 15%$279.00 FROM AMAZONOriginally $329.00 | Save 15%$279.00 FROM WALMARTOriginally $329.00 | Save 15%Apple AirPods (3rd Gen)Apple's third-generation AirPods offer longer battery life, a MagSafe charger, water resistance, and support for spatial audio. $169.99 FROM AMAZONOriginally $179.00 | Save 5%$179.00 FROM APPLE$179.00 FROM BEST BUY$174.98 FROM WALMART$154.99 FROM MICRO CENTEROriginally $179.99 | Save 14%Apple Airpods (2nd Generation)You’ll need to pick up your pair from your local Micro Center, but this is a solid deal price for the second-generation Apple AirPods. You can often find them discounted as low as $120, making this extra $5 drop noteworthy. $104.99 FROM MICRO CENTEROriginally $129.99 | Save 19%$114.99 FROM TARGETOriginally $129.99 | Save 12%$114.99 FROM AMAZONOriginally $129.99 | Save 12%$119.99 FROM BEST BUYOriginally $129.99 | Save 8%Apple MacBook Air (M1)The latest MacBook Air released in late 2020 gains Apple's new M1 processor, which brings impressively fast performance and long battery life, for under $1,000, making it the best Apple laptop overall.$899.99 FROM BEST BUYOriginally $999.99 | Save 10%$999.00 FROM APPLE$999.00 FROM B&HApple 2020 MacBook Air (M1 chip, 8GB RAM, 512GB)The latest MacBook Air released in late 2020 gains Apple's new M1 processor, which brings impressively fast performance and long battery life, for prices starting at under $1,000, making it the best Apple laptop overall. The 512GB storage model adds to the price over the base 256GB model. $1099.99 FROM AMAZONOriginally $1199.00 | Save 8%$1149.00 FROM B&HOriginally $1199.00 | Save 4%Apple MacBook Pro with M1 Processor (13-inch, 8GB RAM, 256GB)Apple's latest MacBook Pro with the M1 processor is leaps and bounds beyond its predecessor, but the Intel MacBook Pro still has some tricks.$1199.00 FROM B&HOriginally $1299.00 | Save 8%$1299.00 FROM APPLELG 65-inch C1 OLED 4K TVLG’s C1 is one of the best 4K TVs you can buy. The OLED panel delivers incredible image quality with an infinite contrast ratio. This deal price matches the lowest we’ve seen so far.$1796.99 FROM AMAZONOriginally $2499.98 | Save 28%$1796.99 FROM WALMARTOriginally $2499.98 | Save 28%Samsung 65-inch Q60A QLED 4K TVSamsung's Q60A is the company's less expensive lineup of premium QLED TVs. $849.99 FROM BEST BUYOriginally $999.99 | Save 15%Amazon Fire TV 50" Omni SeriesAmazon launched its own smart TVs in fall 2021 and the Omni Series boasts features like hands-free Alexa support and video calling along with the latest Fire TV software.$359.99 FROM AMAZONOriginally $509.99 | Save 29%Amazon Echo (4th Gen)The latest Echo speaker from Amazon takes on a spherical design for more effective room-filling audio. $59.99 FROM AMAZONOriginally $99.99 | Save 40%$59.99 FROM BEST BUYOriginally $99.99 | Save 40%$59.99 FROM TARGETOriginally $99.99 | Save 40%Amazon Fire TV Stick 4K MaxThe Fire TV Stick 4K is designed to be 40% more powerful than Fire TV Stick 4K. It also adds Wi-Fi 6 support.$34.99 FROM AMAZONOriginally $54.99 | Save 36%$34.99 FROM BEST BUYOriginally $54.99 | Save 36%$34.99 FROM TARGETOriginally $54.99 | Save 36%Ring Video Doorbell (2020)The latest affordable Video Doorbell model from Ring features 1080p recording and improved motion tracking. It's a great deal if you're looking to start adding smart devices to your home. Orders made now will be fulfilled in 6 to 7 weeks.$79.98 FROM AMAZONOriginally $99.99 | Save 20%Google Nest Cam Outdoor Battery (2021) Elegant design, reliable performance, and wireless battery power make the Nest Cam Outdoor a tempting option to add peace of mind and checking in on your home's exterior when you're away. $149.99 FROM BEST BUYOriginally $179.99 | Save 17%$149.99 FROM GOOGLEOriginally $179.99 | Save 17%$149.99 FROM BED BATH & BEYONDOriginally $179.99 | Save 17%$149.99 FROM TARGETOriginally $179.99 | Save 17%$198.00 FROM AMAZONGoogle Nest ThermostatGoogle Nest makes some of the best smart thermostats you can buy. This model lets you control your home's temperature via the internet or through a mobile app. It can also learn your preferred temperature settings over time. $99.99 FROM TARGETOriginally $129.99 | Save 23%$89.99 FROM AMAZONOriginally $129.99 | Save 31%Vizio Elevate 5.1.4 SoundbarVizio's Elevate soundbar offers a 5.1.4 Dolby Atmos experience with performance that rivals many full-fledged home theater systems.$798.00 FROM AMAZONOriginally $1099.99 | Save 27%$799.99 FROM BEST BUYOriginally $1099.99 | Save 27%GoPro Hero 10 BlackThis video and still camera has similar capabilities to larger variants, while maintaining the small go-anywhere form-factor it's known for.$349.98 FROM GOPROOriginally $499.99 | Save 30%Best Cyber Monday 2021 kitchen dealsZojirushi MaestroThis bread machine is specifically calibrated to bake excellent one-pound loaves of bread, making it a solid choice for one or two-person households.$242.99 FROM AMAZONOriginally $329.99 | Save 26%$339.99 FROM ABTOriginally $395.00 | Save 14%Café Specialty Drip Coffee MakerWhat makes this coffee maker the best I tested is its combination of simplicity and customizability. It’s also extremely consistent — every cup of coffee brewed at every setting tasted just like it should. $279.95 FROM WILLIAMS SONOMAOriginally $349.95 | Save 20%$279.00 FROM BEST BUYOriginally $349.99 | Save 20%KitchenAid Professional 5 Plus Series 5-Quart Bowl-Lift Stand MixerThis KitchenAid is a powerful mixer that can handle sticky doughs and a few quarts of cake batter, but isn't too bulky for a home kitchen. It comes in eight colors, and each includes a flat beater, a spiral dough hook, and a wire whisk. $249.99 FROM TARGETOriginally $429.99 | Save 42%GreaterGoods Kitchen ScaleThis basic food scale is reliable and easy to use, for a low price.$8.39 FROM AMAZONOriginally $19.95 | Save 58%Nespresso Vertuo Next Deluxe Coffee and Espresso MakerA truly versatile machine, the Nespresso Vertuo Next uses capsules to make both coffee and espresso in a variety of cup or carafe sizes.$126.75 FROM TARGETOriginally $169.99 | Save 25%Ninja Professional Plus Food ProcessorThe Ninja Professional Plus makes food prep fast and easy with presets for chopped vegetables, shredded cheese, more.$79.98 FROM KOHLSOriginally $119.99 | Save 33%Ninja Foodi 5-in-1 Indoor Grill with Air Fryer, Roast, Bake & DehydrateThe Ninja Foodi 5-in-1 has five functions, including grill, bake, and dehydrate. Its temperatures range between 105°F to 500°F, giving it a lot of versatility in cooking options. Many of the parts are dishwasher safe for easier cleanup. $169.99 FROM TARGETOriginally $229.99 | Save 26%$169.99 FROM KOHL'SOriginally $249.99 | Save 32%Vitamix Explorian BlenderThe renewed Vitamix Explorian is pre-owned, but every bit as good as new and comes with a 90-day Amazon Renewed Guarantee on top of a 3-year full warranty.$289.95 FROM TARGETOriginally $449.99 | Save 36%$289.95 FROM BEST BUYOriginally $345.99 | Save 16%Instant Pot Duo Plus Pressure Cooker BundleThis bundle is a Target exclusive, and it includes an extra silicone egg rack and stainless steel steam rack for your pressure cooking needs. It’s only $60 right now — an excellent value for such a multifunctional kitchen appliance.$50.99 FROM TARGETOriginally $129.99 | Save 61%Cuisinart Chef's Classic 17-Piece Hard-Anodized Cookware SetThis nonstick set includes nine different pans, lids to match, and a steamer for a total of 17 pieces. $219.99 FROM KOHL'SOriginally $399.99 | Save 45%Keurig K-Mini Single Serve Coffee MakerThe slim 6- to 12-ounce coffee maker will fit neatly on any kitchen counter and save energy with the auto-off feature after brewing.$49.99 FROM THE HOME DEPOTOriginally $79.98 | Save 37%$89.99 FROM TARGETBest Cyber Monday 2021 home dealsHammam Linen Bath Towels 4-PackThese 100% cotton towels are big, soft, and fluffy.$33.15 FROM AMAZONOriginally $69.98 | Save 53%AeroGarden SproutA smaller option from AeroGarden's lineup, the Sprout lets you grow up to three plants in its narrow footprint. It's down to $70 with promo code SUMMER20 through May 31, a rare and excellent deal direct from AeroGarden.$49.95 FROM AEROGARDENOriginally $99.95 | Save 50%$49.99 FROM AMAZONOriginally $99.95 | Save 50%Chewy Pet ProductsFor Cyber Monday, Chewy is offering $30 off purchases of $100 or more. This is only for select products, including food, treats, beds, and more.$70.00 FROM CHEWYOriginally $100.00 | Save 30%Dyson Outsize Absolute+The Dyson Outsize Absolute+ is ideal for whole home, deep cleaning with its full-size dustbin and large cleaner head. $799.99 FROM DYSONOriginally $899.99 | Save 11%Dyson V8 AbsoluteBuilt with a soft roller head for hard floors and a motorized cleaner head for carpets, the Dyson V8 Absolute handles all surfaces efficiently.$399.99 FROM DYSONOriginally $449.99 | Save 11%Dyson Cyclone V10 AbsoluteEquipped with a sensor to detect the difference between carpets and hard floors, the Cyclone V10 Absolute is the perfect vacuum cleaner for any room in the house. We've seen it go for as low as $350 before (it's usually $550), but during Black Friday and Cyber Monday, you'll get it for $400 while supplies last.$499.99 FROM DYSONOriginally $549.99 | Save 9%Eufy BoostIQ RoboVac 15C MAXQuiet, slim, and powerful, the eufy RoboVac 15C Max is a solid investment if you're looking for a robot vacuum. It's already very affordable at retail price, but you can also often find it on sale, making it an even better deal.$169.99 FROM AMAZONOriginally $279.99 | Save 39%$169.99 FROM EUFYOriginally $249.99 | Save 32%iRobot Roomba i3+ (3550) Robot VacuumThe i3+ costs considerably more than your average robot vacuum, but it also does a lot more than the average robot vacuum. It develops personalized cleaning schedules and empties itself. $399.00 FROM WALMARTOriginally $599.00 | Save 33%$399.99 FROM IROBOTOriginally $599.99 | Save 33%$399.99 FROM THE HOME DEPOTOriginally $565.47 | Save 29%$399.99 FROM BEST BUYOriginally $599.99 | Save 33%Ecovacs Deebot Ozmo T8 AIVI Robot VacuumThe  Ecovacs Deebot Ozmo Pro Mopping System thoroughly cleans floors as opposed to pushing a wet cloth around. When paired with the Ecovacs Deebot Ozmo T8 AIVI Robot Vacuum, the two make easy work of time-consuming chores.$499.99 FROM AMAZONOriginally $749.99 | Save 33%$799.99 FROM BEST BUYBissell SpinWave Robot VacuumThe Bissell SpinWave Robot Vacuum picked up all the pet hair on carpet in our tests and has a great assortment of mop attachments and accessories. The company is also committed to helping homeless pets and helps them find loving homes. $249.00 FROM AMAZONOriginally $399.99 | Save 38%$299.00 FROM WALMARTOriginally $399.99 | Save 25%Dewalt Atomic 20-Volt Max Compact Drill/Impact Combo Kit This 20-Volt MAX Brushless Compact 2-Tool Combo Kit includes 1 cordless Drill/Driver, 1 cordless Impact Driver, two 20-Volt MAX Lithium Ion Batteries, 1 charger, and a carrying bag. $149.00 FROM THE HOME DEPOTOriginally $229.00 | Save 35%Kitchellence 3-Stage Knife SharpenerThis knife sharpener includes three stages to help repair and sharpen dull blades. It also includes cut-resistant gloves. $19.98 FROM AMAZONOriginally $30.00 | Save 33%Best Cyber Monday 2021 gaming dealsSony Spider-Man: Miles Morales Launch Edition (PS5)An all-new Spider-Man experience, Spider-Man Miles Morales has you master explosive new powers along with some classic web-slinging acrobatics. The PS5 update even lets you play the game in the gorgeous raytracing mode at a smooth 60 fps.$29.99 FROM TARGETOriginally $49.99 | Save 40%$29.99 FROM BEST BUYOriginally $49.99 | Save 40%$29.83 FROM AMAZONOriginally $49.99 | Save 40%Nintendo Switch Legend of Zelda: Breath of the Wild (Digital Download)The Legend of Zelda: Breath of the Wild was released for the Nintendo Switch in 2017, but still remains one of the best Switch games out there. Right now, a physical copy is selling for $40, which is a solid price on this rarely discounted game.$35.00 FROM WALMARTOriginally $59.99 | Save 42%Nintendo eShop $50 Gift CardThe Nintendo eShop is the best place to shop for digital copies of Nintendo's games. This gift card is the perfect gift or investment for anyone with a Nintendo Switch. Better still, Nintendo's eShop offers several sales throughout the year. This means, patient shoppers can double their savings.$45.00 FROM WALMARTOriginally $50.00 | Save 10%$50.00 FROM BEST BUY$45.00 FROM NEWEGGOriginally $50.00 | Save 10%Xbox Game Pass for PC (3-Month Membership)Typically, you can get a 3-month Game Pass subscription for $30. Right now, it's only $20, a solid deal. This is the PC version, which gets you EA Play, exclusive member discounts, and unlimited to access to over 100 games. $1.00 FROM MICROSOFTOriginally $29.99 | Save 97%$19.98 FROM AMAZONOriginally $29.99 | Save 33%$19.98 FROM BEST BUYOriginally $29.99 | Save 33%Microsoft Xbox Series S|X Wireless ControllerThis latest-gen Xbox gamepad is the best Microsoft has ever made, and during Cyber Monday, shoppers can save $20 on this recently released controller.$49.99 FROM MICROSOFTOriginally $59.99 | Save 17%$54.99 FROM BEST BUYOriginally $59.99 | Save 8%$49.00 FROM GAME STOPOriginally $54.99 | Save 11%$49.00 FROM WALMARTOriginally $64.88 | Save 24%Death Loop for PlayStation 5“Death Loop” is an unusual first-person shooter that challenges players to escape a day-long time loop by assassinating specific targets. The game is a great pick for fans of spy movies, sci-fi, and creative gunplay.$29.99 FROM BEST BUYOriginally $59.99 | Save 50%Call of Duty Vanguard for PlayStation 4The latest Call of Duty game is now on sale for $20 off, just a few weeks after its release.$39.00 FROM WALMARTOriginally $59.99 | Save 35%$44.99 FROM TARGETOriginally $59.99 | Save 25%Call of Duty Vanguard for PlayStation 5The latest Call of Duty game is now on sale for PlayStation 5 just a few weeks after its release.$54.99 FROM TARGETOriginally $69.98 | Save 21%$39.00 FROM WALMARTOriginally $59.94 | Save 35%Nintendo Mario Kart Live: Home Circuit Nintendo Switch Set EditionYou can use a Nintendo Switch to control this real-life Mario Kart toy, and watch Mario or Luigi’s perspective as they zoom around your home.$88.99 FROM TARGETOriginally $99.99 | Save 11%$99.99 FROM BEST BUYLogitech G305 Lightspeed Wireless Gaming MouseCompact and portable, the Logitech G305 is great to take on the go. It's best if you prefer smaller mice and right now it's only $40, a great price drop from a typical selling price of $50.$29.99 FROM AMAZONOriginally $59.99 | Save 50%$29.99 FROM WALMARTOriginally $48.97 | Save 39%Nintendo Switch Ring Fit Adventure"Ring Fit Adventure" for the Nintendo Switch uses the exclusive "Ring-Con" attachment and a leg strap to track movement and provide resistance for workouts. The game also includes an adventure mode. Right now, it's selling for $55 at Target and Amazon, $25 off its usual price and the lowest price we've ever seen on this game.$54.00 FROM AMAZONOriginally $79.98 | Save 32%$54.00 FROM WALMARTOriginally $80.00 | Save 33%$79.98 FROM BEST BUY$79.98 FROM TARGETBest Cyber Monday 2021 streaming dealsHulu Monthly Subscription (Deal)Save a huge 85% on an ad-supported Hulu subscription for an entire year. That amounts to just 99 cents per month. This deal is live until Monday, November 29. $0.99 FROM HULUOriginally $6.99 | Save 86%Disney Plus Free Trial with Amazon Music UnlimitedNew Amazon Music Unlimited subscribers can get six months of Disney Plus for free when they sign up. Current Music Unlimited members can get three months of Disney Plus. Music Unlimited costs $8 a month for Prime members or $10 a month without Prime.$0.00 FROM AMAZONAmazon Prime Video Channel Add-OnsPrime Video subscribers can choose from a variety of channel-add ons including Starz, Showtime, Paramount+, AMC+, Discovery+, and more.$0.99 FROM AMAZONOriginally $10.99 | Save 91%YouTube PremiumYouTube Premium lets you stream videos and music on YouTube without any ads. The service also features exclusive programs.FREE FROM YOUTUBEOriginally $11.99 | Save 100%Best Cyber Monday 2021 health & fitness dealsTheragun PrimeTheragun's Prime massage gun is the perfect blend of performance and value. It delivers a high-quality massage, is durably built, and features an ergonomic design that makes it easy to use anywhere on your body. It's also half the price of the flagship Pro model.$249.99 FROM THERABODYOriginally $299.00 | Save 16%$249.99 FROM KOHL'SOriginally $299.99 | Save 17%RENPHO Foot Massager MachineWith customizable patterns of kneading, compression, and heat therapy, the RENPHO Foot Massager Machine is a full-service Shiatsu device and feels like a home spa for your feet.$129.99 FROM AMAZONOriginally $149.99 | Save 13%Garmin Forerunner 245 MusicThe Garmin Forerunner 245 is a great choice for runners and offers features like calendar syncing, weather forecasting, and notifications, so you can leave your phone at home. $249.99 FROM TARGETOriginally $349.99 | Save 29%$249.99 FROM GARMINOriginally $349.99 | Save 29%Garmin Fenix 6SThe Garmin Fenix 6S Sapphire smartwatch is a premium watch perfect for those looking for enhanced GPS capabilities in a rugged design. The Fenix 6S features an always-on display, stainless steel bezels, an enhanced pulse oximeter for sleep monitoring and altitude acclimation, grade-adjusted pace guidance, and comes preloaded with maps, as well as the ability to tap into three different navigation satellite systems. $549.99 FROM AMAZONOriginally $749.99 | Save 27%Philips Sonicare 9900 PrestigeDentists love Philips Sonicare and its new 9900 Prestige has every bell and whistle you could want in an electric toothbrush, including the ability to adjust its vibrations based on how hard you're brushing.$299.99 FROM AMAZONOriginally $349.99 | Save 14%$299.95 FROM PHILLIPS SONICAREOriginally $349.99 | Save 14%Fitbit LuxeThe Fitbit Luxe is the company's latest fitness band that comes with a sleek design and advanced health features like stress management and the ability to measure heart rate variation.$99.99 FROM KOHL'SOriginally $149.99 | Save 33%$99.95 FROM FITBITOriginally $149.94 | Save 33%$99.95 FROM BEST BUYOriginally $149.94 | Save 33%Mirror from lululemonThis isn't just a mirror. It's a cardio class, it's a yoga studio, it's a boxing ring, it's your new personal trainer, and it's so much more. For Cyber Monday, Mirror is on sale for $500 with the code "CYBERMONDAY20"$995.00 FROM MIRROROriginally $1495.00 | Save 33%Hydro Flask 32-Ounce Wide Mouth This bottle has all the hallmark features of a Hydro Flask water bottle — 12-24 hours of temperature retention, powder color coating that won't chip or fade with time, a silicone twist top — with the very convenient wide mouth for easy pouring and drinking.$33.71 FROM HYDRO FLASKOriginally $44.95 | Save 25%Amazon HaloAmazon's Halo fitness tracker can analyze the tone of your voice to help you understand how you sound to others.$54.99 FROM AMAZONOriginally $99.99 | Save 45%LifeSpan TR1200i Folding TreadmillThe TR1200i is the baby sister of our top pick for a folding treadmill, the TR300i, with fewer built-in training programs and fewer fancy features like manual instead of digital buttons. But it's nearly the same size, has the same motor, and the same shock absorption — but for significantly cheaper.$899.00 FROM LIFESPANOriginally $1199.00 | Save 25%Best Cyber Monday 2021 style & beauty dealsKiehl's Powerful-Strength Vitamin C SerumThis serum by Kiehl’s boasts its ability to reduce fine lines, and customers agree—one even called it “botox in a bottle.”$44.00 FROM KIEHL'SOriginally $88.00 | Save 50%$70.00 FROM SEPHORAKiehl's Creamy Eye Treatment with Avocado This hydrating, fragrance-free eye cream de-puffs under-eyes. $25.00 FROM ULTAOriginally $50.00 | Save 50%$25.00 FROM KIEHL'SOriginally $50.00 | Save 50%Anastasia Beverly Hills Sugar Glow KitA palette with four metallic highlighter shades compatible with many skin tones, the Sugar Glow Kit is nice to have to change up your daily highlight or to do someone else's. Down to $20, this is a solid price on a palette from a brand known for it's popping highlights.$20.00 FROM SEPHORAOriginally $40.00 | Save 50%Fenty Beauty Portable Contour & Concealer BrushFenty Beauty Portable Contour & Concealer Brush $6.00 FROM FENTY BEAUTY Originally $24.00 | Save 75%Levi's Men's 501 Original Fit JeansNot too skinny and not too baggy, the Levi's 501 features a timeless fit that you'll be able to wear for years to come.$35.70 FROM LEVI'SOriginally $59.50 | Save 40%$35.70 FROM KOHL'SOriginally $59.50 | Save 40%$32.79 FROM AMAZONOriginally $59.50 | Save 45%Levi's 501 Original Fit JeansA blank canvas for self-expression, featuring the iconic straight fit and signature button fly.$58.80 FROM LEVI'SOriginally $98.00 | Save 40%Adidas Adilette Boost SlidesWith full-length Boost soles, these slides are designed for ultimate comfort.$35.70 FROM ADIDAS Originally $60.00 | Save 41%L.L.Bean Wicked Good Slippers - Men'sThis shearling-lined, leather-bottom slipper is one of the best men's slippers we've ever tried.$75.65 FROM L.L.BEANOriginally $89.00 | Save 15%L.L.Bean Wicked Good Shearling-Lined Slides - Women'sThese ridiculously-cozy, shearling-lined slides are easy to slip on and off, and keep your feet toasty around the house.$67.15 FROM L.L.BEANOriginally $79.00 | Save 15%L.L.Bean Toddlers' Wicked Good SlippersEverything we love about L.L.Bean's Wicked Good Slippers — but mini. These shearling-lined, leather-soled booties will keep kid's feet, sizes 3-10, toasty around the house and in a stroller.$33.96 FROM L.L.BEANOriginally $39.95 | Save 15%Lululemon Hooded Define JacketA fan-favorite, now with a hood. Between the technical fabric and a do-anything fit, it's easy to see why this one's a hit. Right now you can save up to 50% on this versatile piece, but sizes are selling out quickly. $64.00 FROM LULULEMONOriginally $128.00 | Save 50%Bombas Women's Gripper Slipper (Sherpa Lined) 2-PackA mix between socks and slippers, Bombas' Gripper Slippers include a cozy sherpa lining and sole grippers to prevent slips. $72.95 FROM BOMBASOriginally $96.00 | Save 24%Columbia Men's Lake 22 Down Hooded JacketThis water-resistant jacket is stocked with 650-fill power down insulation, zippered hand pockets, and a structured hood to keep you zipped up and toasty through any winter weather.$69.98 FROM COLUMBIAOriginally $140.00 | Save 50%Adidas Climacool VentoThe Adidas Climacool Vento features a highly breathable mesh upper to help keep your feet cool.$98.00 FROM ADIDASOriginally $140.00 | Save 30%Nike Adapt Auto MaxThe Nike Adapt Auto Max uses advanced technology to automatically form to your foot without laces.$288.97 FROM NIKEOriginally $400.00 | Save 28%Nike Space Hippie 01The Nike Space Hippie 01 is made from 50% recycled materials and features a lightweight, track-inspired look.$77.56 FROM NIKEOriginally $130.00 | Save 40%Crocs Classic Clog (Unisex)The shoe that really started it all, the Classic Clog is comfortable, breathable, and easy to slip on whenever. With over 20 fun colors to choose from, you can’t go wrong.$39.99 FROM CROCSOriginally $49.99 | Save 20%$27.55 FROM AMAZONDagne Dover Indi Diaper BackpackDagne Dover's Indi Diaper Backpack adds a stylish neutral flair while holding every basic essential.$160.00 FROM DAGNE DOVEROriginally $200.00 | Save 20%Rough Linen St. Barts Linen RobeThe Rough Linen St. Barts Robe is made from top-notch linen that offers a light feel and a cool, casual look.$131.93 FROM ROUGH LINENOriginally $167.00 | Save 21%Kiehl's Since 1851 Avocado Nourishing Hydration MaskWinter is coming, and Kiehls' Avocado Mask is here to provide your skin with hydration all season long. This nourishing treatment infuses your face with avocado and evening primrose oils, offering sumptuous moisture after just one use. Plus, it's green tint is a total throwback. You can save 50% on a jar during Black Friday sale. $21.50 FROM MACY'SOriginally $45.00 | Save 52%Giorgio Armani Lip Magnet Liquid LipstickA liquid lip color that gives you a super matte look, but it's so light it feels like a lip stain. The formula is highly pigmented, smudge-resistant, and comfortable on your lips.$19.00 FROM NORDSTROMOriginally $38.00 | Save 50%Nike Sportswear Essential Fleece PantsMade from soft fleece material, these sweats are perfect for everyday comfort.$48.00 FROM NORDSTROMOriginally $60.00 | Save 20%Thread & Supply Double Breasted PeacoatThis peacoat from Thread & Supply is a classic with a twist. The oversized buttons extend up the lapel to the collar, giving you the option to bundle up if necessary. And if you don't love it in black, never fear — you can save 31% on this coat in black, camel, or light gray. $39.90 FROM NORDSTROMOriginally $58.00 | Save 31%True & Co. True Body Triangle Convertible Strap BraletteThe convertible straps on this wireless bra can be worn either straight or crisscrossed, and the smooth material appears invisible under clothes.$30.80 FROM NORDSTROMOriginally $44.00 | Save 30%Chaps Mens Long Sleeve Button DownMade from an easy-to-care-for cotton blend and a dose of stretch, this men's button-down shirt will keep you looking polished all day.$19.98 FROM WALMARTOriginally $60.00 | Save 67%Nine West Car Coat CardiganThi cozy topper is part coat, part cardigan, and will keep you warm all winter. Save an extra 15% on this cardigan with the code ENJOY15 at checkout.$35.99 FROM KOHL'SOriginally $60.00 | Save 40%When is Cyber Monday?Cyber Monday falls on the Monday after Black Friday every year. In 2021, the shopping event will land on November 29.As a continuation of sorts to Black Friday, Cyber Monday gives shoppers another opportunity to save on tech, home goods, clothing, and more that you might've missed while digesting Thanksgiving dinner. Unlike Black Friday, though, Cyber Monday is entirely online.What time does Cyber Monday start?Cyber Monday officially begins at 12 a.m. ET on November 29. That said, the event is expected to carry over many deals from Black Friday, so some discounts are already available.What is Cyber Monday?Cyber Monday began as the online version of Black Friday, where online retailers offered big discounts to match their brick-and-mortar counterparts. Now, Cyber Monday is one of the biggest shopping days of the year, often surpassing even Black Friday in terms of revenue and sales. Previously, the main distinction between Black Friday and Cyber Monday was that Black Friday focused on in-store sales and Cyber Monday on online sales. But as shopping habits have increasingly favored the internet, shoppers can look forward to a very online-focused Cyber Monday and Black Friday. Cyber Monday offers a great opportunity to save on all your holiday gifts. How long do Cyber Monday sales last? Though Cyber Monday sales once took place on Monday only, we've seen them extend to longer and longer durations, with a handful lasting through the rest of the week. However, the best discounts we see are in limited supply and expire soon after they become available.What's better, Black Friday or Cyber Monday?With more and more buyers shopping online, the debate over which shopping holiday wins, is practically moot. Both events will be held predominantly online, and more than a few deals overlap. In fact, many Black Friday deals become Cyber Monday deals when the dates change. If possible, buyers should shop on both holidays. We've seen different products receive better discounts on each day, and the deals that each retailer offers will vary. Generally speaking, consumers shopping for big-ticket items, such as laptops, TVs, and kitchen appliances, can expect more opportunities on Black Friday. Shoppers looking for last year's models, smart home gadgets, digital subscriptions, and gift cards will likely find more luck during Cyber Monday.What should I buy during Cyber Monday?If a retailer offers Black Friday deals, it's a near guarantee that it will offer Cyber Monday deals, too. Amazon, Best Buy, Target, and Walmart are some noteworthy retailers that we know will participate in the shopping event, with deals across many product categories.We will likely see massive discounts on some of our favorite direct-to-consumer products during Cyber Monday, such as retail startups like Leesa and Brooklinen. For some online stores, Cyber Monday (or Cyber Week) will be one of the few times of the year when their products see major markdowns.Will there be Cyber Monday shipping delays?Shipping delays and shopping holidays are inextricably linked, so there's always a risk of late deliveries.To help you avoid the shipping crunch and get your stuff sooner, several retailers, including Walmart, Target, and Best Buy, offer in-store pickup and contactless curbside pickup. This means shoppers can grab their orders at a nearby location, provided that the retailer has it in stock. Best Cyber Monday deals we saw last yearLast year, we saw a lot of great sales on Cyber Monday ranging from sitewide discounts to specific products. Everything from home and kitchen, to subscription services were on sale during last year's annual savings event.Here are a few of the best Cyber Monday deals from 2020.  Philips Sonicare DiamondClean Classic Rechargeable Electric Toothbrush was $179 from Kohl's, originally $229.FujiFilm Instax Mini 11 Camera Bundle was $70 from Kohl's on Cyber Monday last year, originally $120.Keurig K-Supreme Single Serve K-Cup Pod Coffee Maker was $84 from Target on Cyber Monday last year, originally $140.How we select the best Cyber Monday dealsWe only choose products that meet our high standard of coverage, and that we've either used ourselves or researched carefully.We compare the prices among top retailers such as Amazon, Best Buy, Target, and Walmart and only include the deals that are better than all others offered (not including promotional discounts that come from using certain credit cards).All deals are at least 20% off, with the occasional exception for products that are rarely discounted or provide an outsized value.Read more about how the Insider Reviews team evaluates deals and why you should trust us.Read the original article on Business Insider.....»»

Category: topSource: businessinsiderNov 29th, 2021

The 120+ best Cyber Monday deals to shop right now

We're updating the best 2021 Cyber Monday deals in real-time. Save on AirPods, Amazon Echo, Breville Espresso Machines, and more. Prices are accurate at the time of publication.When you buy through our links, Insider may earn an affiliate commission. Learn more.Kohl's; Sardel; Amazon; Apple; Nike; Alyssa Powell/InsiderCyber Monday deals are here! You can score serious savings on electronics, fitness equipment, kitchen appliances, and beauty products — but you have to grab them fast before supplies run out.We're here to help: Our full-time editors and reporters spend the year researching and personally testing hundreds of products in their areas of expertise and consult with industry professionals on what products are truly worth your money. (Read more about why you can trust us here.)And for Cyber Monday, we continually monitor what top products are going on sale and what stock is still available. That way, you don't have to waste your time with "sold outs." Below, we've gathered the best deals on products we stand behind that you can still purchase for less than normal.We'll be updating this page with the best Cyber Monday discounts and lightning deals so you don't have to scroll through pages of sales to find the true hidden gems. Check back frequently for the freshest Cyber Monday deals across all major retailers like Best Buy, Amazon, Target, Walmart, and more.The best Cyber Monday shopping deals right now25% off Dyson's TP01 Pure Cool Tower Air Purifier and FanAmazonDyson Pure Cool TP01 Air Purifier + Fan with HEPA filterAn ultra-quiet, state-of-the-art fan with a built-in air purifier, Dyson's TP01 is great for stuffy spaces and crowded indoor get-togethers.$299.99 FROM TARGETOriginally $399.99 | Save 25%$299.00 FROM THE HOME DEPOTOriginally $399.00 | Save 25%$299.99 FROM DYSONOriginally $399.99 | Save 25%Over 30% off iRobot RoombasAmazoniRobot Roomba 694This robot vacuum can be automated to work around your home schedule, and also works with virtual assistants like Alexa and Google Home. It's not the most powerful Roomba, but it can handle hardwood floors, pet hair and short carpets without issue.$179.00 FROM AMAZONOriginally $274.00 | Save 35%$179.99 FROM BEST BUYOriginally $274.99 | Save 35%iRobot Roomba 675 Robot VacuumDuring Cyber Monday, several retailers dropped the iRobot Roomba 675 robot vacuum to a low $179 and this deal is still live. This is the lowest price we’ve seen this year and a solid discount from its usual going rate of $250.$179.00 FROM AMAZONOriginally $279.99 | Save 36%$179.99 FROM BEST BUYOriginally $274.99 | Save 35%$199.99 FROM IROBOTOriginally $249.99 | Save 20%$174.99 FROM TARGETOriginally $279.99 | Save 38%28% off LG C1 OLED 4K TVsBest BuyLG 65-inch C1 OLED 4K TVLG’s C1 is one of the best 4K TVs you can buy. The OLED panel delivers incredible image quality with an infinite contrast ratio. This deal price matches the lowest we’ve seen so far.$1796.99 FROM AMAZONOriginally $2499.98 | Save 28%$1796.99 FROM WALMARTOriginally $2499.98 | Save 28%LG 77-inch C1 OLED TVLG’s C1 is one of the best 4K TVs you can buy. The OLED panel delivers incredible image quality with an infinite contrast ratio. $2896.99 FROM WALMARTOriginally $3999.99 | Save 28%$500 off the Hydrow rowing machineHydrowHydrow Connected RowerThe Hydrow Connected Rower is the Peloton of at-home rowing machines, bringing interactive rowing workouts right to your living room.$1795.00 FROM HYDROWOriginally $2295.00 | Save 22%$1794.99 FROM BEST BUYOriginally $2244.98 | Save 20%$1794.99 FROM AMAZONOver 60% off a Serta memory foam mattress topperKohl'sSerta 3-inch Soothing Cool Gel Memory Foam Mattress TopperIf you tend to feel hot during the night, this cooling gel mattress topper provides supreme comfort and cool feeling. $147.19 FROM KOHL'SOriginally $459.99 | Save 68%Over 30% off Allbirds Wool Runners and Runner-upsAllbirdsAllbirds Men's Wool Runners Cyber Monday$66.00 FROM ALLBIRDSOriginally $98.00 | Save 33%Allbirds Women's Wool Runners Cyber Monday$66.00 FROM ALLBIRDSOriginally $98.00 | Save 33%Allbirds Men's Tree Runners Cyber Monday$66.00 FROM ALLBIRDSOriginally $98.00 | Save 33%Allbirds Women's Tree Runners Cyber Monday$66.00 FROM ALLBIRDSOriginally $98.00 | Save 33%Allbirds Men's Wool Runner-up Mizzles Cyber Monday$102.00 FROM ALLBIRDSOriginally $135.00 | Save 24%Allbirds Women's Wool Runner-up Mizzles Cyber Monday$91.00 FROM ALLBIRDSOriginally $135.00 | Save 33%Over 10% off a dumbbell setTargetHolaHatha Dumbbell Set (5, 10, and 15-pound)TK$129.99 FROM TARGETOriginally $158.99 | Save 18%60% off a Samsonite's Hardside Spinner luggageKohl'sSamsonite Ziplite 5 Hardside Spinner LuggageThis Samsonite hardside luggage features dual spinner wheels, cushioned handle, TSA approved locks. The carry-on size includes a USB port as well. $135.99 FROM KOHL'SOriginally $399.99 | Save 66%25% off a Graco 4Ever Convertible Car SeatWalmartGraco 4Ever DLX 4 in 1 Car SeatThe Graco 4Ever DLX car seat transforms from a rear-facing car seat to a front-facing car seat to a booster seat, growing with your child until they hit 120 pounds$209.99 FROM AMAZONOriginally $299.99 | Save 30%$209.99 FROM WALMARTOriginally $299.99 | Save 30%Over 40% off an Amazon KindleAmazon25% off Hypervolt's low-volume massage gunNordstromHyperice Hypervolt PlusThis upgrade to our pick for the best low volume massage gun, is currently $100 off at Best Buy. It's more powerful than the model we recommend. $299.99 FROM BEST BUYOriginally $399.99 | Save 25%$299.00 FROM NORDSTROMOriginally $399.00 | Save 25%Up to 40% off Nike sneakersNikeNike Adapt Auto MaxThe Nike Adapt Auto Max uses advanced technology to automatically form to your foot without laces.$288.97 FROM NIKEOriginally $400.00 | Save 28%Nike SuperRep Go 2Designed for training, the SuperRep Go 2 provides stability and comfort.$66.77 FROM NIKEOriginally $100.00 | Save 33%Nike Space Hippie 01The Nike Space Hippie 01 is made from 50% recycled materials and features a lightweight, track-inspired look.$77.56 FROM NIKEOriginally $130.00 | Save 40%Over 30% off a non-stick fry pan setNordstromAll-Clad 8-Inch & 10-Inch Hard Anodized Aluminum Nonstick Fry Pan SetThis set of two All-Clad nonstick frying pans is made with a PFOA-free nonstick coating and stainless steel base to prevent difficult cleaning and uneven cooking temperatures. The set comes with an 8-inch and 10-inch frying to use on a stove or oven up to 500 degrees. Right now, you can get the All-Clad set of two nonstick frying pans for $60 during Nordstrom’s Anniversary Sale.$55.99 FROM NORDSTROMOriginally $90.00 | Save 38%20% off a 5-in-1 Ninja indoor grill and air fryerTargetNinja Foodi 5-in-1 Indoor Grill with Air Fryer, Roast, Bake & DehydrateThe Ninja Foodi 5-in-1 has five functions, including grill, bake, and dehydrate. Its temperatures range between 105°F to 500°F, giving it a lot of versatility in cooking options. Many of the parts are dishwasher safe for easier cleanup. $169.99 FROM KOHL'SOriginally $249.99 | Save 32%$169.99 FROM TARGETOriginally $229.99 | Save 26%20% off all-in-one gym system Tempo StudioTempoTempo StudioThe Tempo Studio is a comprehensive at-home fitness solution with quality equipment and effective streamable workouts.$1995.00 FROM TEMPOOriginally $2495.00 | Save 20%20% off our favorite coffee makerCafeCafé Specialty Drip Coffee MakerWhat makes this coffee maker the best I tested is its combination of simplicity and customizability. It’s also extremely consistent — every cup of coffee brewed at every setting tasted just like it should. $279.95 FROM WILLIAMS SONOMAOriginally $349.95 | Save 20%$279.00 FROM BEST BUYOriginally $349.99 | Save 20%Up to 50% off Kiehl'sKiehl'sKiehl's Powerful-Strength Vitamin C SerumThis serum by Kiehl’s boasts its ability to reduce fine lines, and customers agree—one even called it “botox in a bottle.”$44.00 FROM KIEHL'SOriginally $88.00 | Save 50%$70.00 FROM SEPHORA$20 off our favorite RENPHO foot massagerRENPHORENPHO Foot Massager MachineWith customizable patterns of kneading, compression, and heat therapy, the RENPHO Foot Massager Machine is a full-service Shiatsu device and feels like a home spa for your feet.$129.99 FROM AMAZONOriginally $149.99 | Save 13%40% off Philips Sonicare electric toothbrushesPhilipsPhilips Sonicare ProtectiveClean 4100Sonicare has long been a leader in the electric toothbrush industry, and as such, it offers many electric toothbrush options.$29.99 FROM TARGETOriginally $49.99 | Save 40%Philips Sonicare 9900 PrestigeDentists love Philips Sonicare and its new 9900 Prestige has every bell and whistle you could want in an electric toothbrush, including the ability to adjust its vibrations based on how hard you're brushing.$299.99 FROM AMAZONOriginally $349.99 | Save 14%$299.95 FROM PHILLIPS SONICAREOriginally $349.99 | Save 14%25%+ off Garmin smartwatchesGarminGarmin Forerunner 245 MusicThe Garmin Forerunner 245 is a great choice for runners and offers features like calendar syncing, weather forecasting, and notifications, so you can leave your phone at home. $249.99 FROM TARGETOriginally $349.99 | Save 29%$249.99 FROM GARMINOriginally $349.99 | Save 29%Garmin Fenix 6SThe Garmin Fenix 6S Sapphire smartwatch is a premium watch perfect for those looking for enhanced GPS capabilities in a rugged design. The Fenix 6S features an always-on display, stainless steel bezels, an enhanced pulse oximeter for sleep monitoring and altitude acclimation, grade-adjusted pace guidance, and comes preloaded with maps, as well as the ability to tap into three different navigation satellite systems. $549.99 FROM AMAZONOriginally $749.99 | Save 27%14% off Breville Barista ExpressHollis Johnson/InsiderBreville Barista ExpressBreville's Barista Express, the predecessor to the newest Barista Pro, is a 9.5-pound machine that quickly and reliably makes great-tasting espresso every time. During this sale, this espresso machine drops to one of the lowest prices we've ever seen.$599.99 FROM AMAZONOriginally $699.99 | Save 14%$599.99 FROM BED BATH & BEYONDOriginally $699.99 | Save 14%$699.95 FROM BREVILLE$599.95 FROM WAYFAIROriginally $699.95 | Save 14%25% off luxe Eberjey pajamasEberjeyEberjey Gisele Long Sleeve PJ SetThe Eberjey Gisele Long Sleeve PJ Set is made with a lightweight modal jersey fabric that feels like a second skin. $86.25 FROM EBERJEYOriginally $115.00 | Save 25%$115.00 FROM AMAZON$80.50 FROM SHOPBOPOriginally $115.00 | Save 30%Eberjey Naya Modal GownThis classic nightgown is soft to the skin with women-owned Eberjey's signature Tencel fabric.$84.00 FROM EBERJEYOriginally $112.00 | Save 25%17% off the Hexclad 8-inch PanHexcladHexclad 8-inch PanThis pan is absolutely indestructible, far as we're concerned, and the tri-ply stainless steel and aluminum is as nonstick as nonstick gets without incorporating all sorts of nasty chemicals. Dishwasher- and metal utensil-safe, we might go so far as to suggest making all of your cookware Hexclad if you don't already have it. - Owen Burke$89.99 FROM HEXCLADOriginally $108.00 | Save 17%20% off the Flair Espresso MakerOwen Burke/Insider25% off the Outdoor Voices Exercise DressOutdoor VoicesOutdoorVoices The Exercise DressOutdoorVoices makes a few of our favorite athleisure items, and they're another example of a company that can balance form and function. It's also on the Insider Reviews 100 All Time Best products list.$75.00 FROM OUTDOORVOICESOriginally $100.00 | Save 25%15% off the Roku UltraTargetRoku Ultra 2020If you're looking for every major streaming service under the sun, along with support for 4K HDR, Dolby Vision, and Dolby Atmos thrown in, then the Roku Ultra is for you. It's also on the Insider Reviews 100 All Time Best products list.$99.99 FROM BEST BUY$85.39 FROM AMAZONOriginally $99.99 | Save 15%$85.39 FROM WALMARTOriginally $99.00 | Save 14%13% off the Apple Watch Series 6AmazonApple Watch Series 6 (40mm, GPS)The Apple Watch Series 6 is the best smartwatch Apple currently sells. It comes with top-of-the-line health features, a brighter always on display, and fast charging.$299.00 FROM WALMARTOriginally $399.00 | Save 25%$299.00 FROM AMAZONOriginally $399.00 | Save 25%40% off a Kasa Smart Dimmer Switch PackAmazonKasa Smart Dimmer Switch HS220P3 (3-Pack)This smart assistant-compatible dimmer switch gives you precise control over your lights with just the touch of a button or your voice. We often see a three-pack go for $50, making this $45 drop a rare low.$44.99 FROM AMAZONOriginally $74.98 | Save 40%29% off the Amazon Fire TV 50" Omni SeriesAmazonAmazon Fire TV 50" Omni SeriesAmazon launched its own smart TVs in fall 2021 and the Omni Series boasts features like hands-free Alexa support and video calling along with the latest Fire TV software.$359.99 FROM AMAZONOriginally $509.99 | Save 29%21% off Call of Duty: Vanguard for PlayStation 5TargetCall of Duty Vanguard for PlayStation 5The latest Call of Duty game is now on sale for PlayStation 5 just a few weeks after its release.$54.99 FROM TARGETOriginally $69.98 | Save 21%$39.00 FROM WALMARTOriginally $59.94 | Save 35%17% off the Vitamix E310 Explorian BlenderWilliams SonomaVitamix E310 BlenderThis pared down Vitamix has 10 variable speeds and a 48-ounce pitcher.$246.46 FROM AMAZONOriginally $349.95 | Save 30%50% off the Urban Decay Naked3 Eyeshadow PaletteSephoraUrban Decay Naked3 Eyeshadow PaletteAn endlessly versatile eyeshadow palette featuring 12 rosy neutral shades in both matte and shimmer finishes. $27.00 FROM SEPHORAOriginally $54.00 | Save 50%$54.00 FROM ULTA33% off an annual Playstation Plus subscriptionAmazon15% off the Bose QuietComfort 45BoseBose QuietComfort 45The QuietComfort 45 have a refreshed design with improved noise cancelling and better battery life.$279.00 FROM BOSEOriginally $329.00 | Save 15%$279.00 FROM BEST BUYOriginally $329.00 | Save 15%$279.00 FROM AMAZONOriginally $329.00 | Save 15%$279.00 FROM WALMARTOriginally $329.00 | Save 15%25% off the Fenty Beauty Pro Filt'r Soft Matte Longwear FoundationSephora69% off the Book of the Month membershipBook of the Month; Alyssa Powell/InsiderBook of the Month MembershipBook of the Month Club curates five interesting and trending hardcover books every month. Use the code "BOXEDUP" to get your first month for $5. It'll be $15.99 per month after. $5.00 FROM BOOK OF THE MONTHOriginally $15.99 | Save 69%25% off Bioderma Sensibio H2O Micellar WaterBioderma20% off the Brooklinen Weighted ComforterJen Gushue/InsiderBrooklinen Weighted Comforter (15 lb)Brooklinen's Weighted Comforter has a premium plush design that blends seamlessly with the rest of your bedding.$199.20 FROM BROOKLINENOriginally $249.00 | Save 20%5% off the OXO Brew Conical Burr Coffee GrinderAmazon30% off the Foreo Luna 2AmazonForeo Luna 3The Luna 3 is the second generation model of Luna Foreo facial cleansers. It’s reportedly bigger and more effective than its predecessor thanks to upgrades like longer touchpoints and 50% more power. This particular silicone pattern is the standard version recommended for “normal skin” — meaning you’re neither combination nor oily nor sensitive.$139.30 FROM FOREOOriginally $169.00 | Save 18%29% off the Bose QuietComfort EarbudsTony Villas Boas/Business InsiderBose QuietComfort EarbudsThe Bose QuietComfort Earbuds are the best overall wireless noise cancelling earbuds you can buy with good sound and stellar noise cancellation.$199.00 FROM AMAZONOriginally $279.00 | Save 29%$199.00 FROM BEST BUYOriginally $279.00 | Save 29%$199.00 FROM BOSEOriginally $279.00 | Save 29%$199.00 FROM WALMARTOriginally $279.00 | Save 29%40% off the Bose QuietComfort 35 IIBest BuySave up to 50% on KitchenAid countertop appliancesOwen Burke/InsiderKitchenAid K150If all you're making is the odd smoothie, the Kitchenaid K150's timeless design will more than suffice.$74.98 FROM KITCHENAIDOriginally $99.99 | Save 25%KitchenAid Professional 5 Plus Series 5-Quart Bowl-Lift Stand MixerThis KitchenAid is a powerful mixer that can handle sticky doughs and a few quarts of cake batter, but isn't too bulky for a home kitchen. It comes in eight colors, and each includes a flat beater, a spiral dough hook, and a wire whisk. $249.99 FROM TARGETOriginally $429.99 | Save 42%Save 20% on Glerups slippersBackcountryGlerups The Slip-On Rubber SlipperA simple, classic, breathable design with 100% wool that slowly molds to your feet.$107.96 FROM BACKCOUNTRYOriginally $134.94 | Save 20%Up to 25% off Nespresso Vertuo espresso machinesAmazonNespresso Vertuo Next Espresso MakerThe Wi-Fi-enabled Vertuo Next is a compact Nespresso machine that heats up in 30 seconds and is compatible with Vertuo capsules.$164.96 FROM AMAZONOriginally $209.95 | Save 21%Save up to 57% on LifeStraw filtersAmazonLifeStraw Personal Water Filter (2-Pack)LifeStraw's Personal Water Filter is a portable filter that cleanses water of bacteria and parasites to make it safe to drink. For backpackers and hikers, a LifeStraw can be an invaluable tool in dire situations and is a great addition to any emergency kit.$22.99 FROM AMAZONOriginally $39.95 | Save 42%Save up to 44% on Blink Home Security SystemsAmazonAmazon Blink OutdoorAmazon's Blink Outdoor is a wireless, outdoor security camera that's able to run for up to two years on just two AA batteries, allows you to monitor activity outside your home, and is capable of standing up to wind, rain, sleet, or snow. $99.99 FROM AMAZONOriginally $179.99 | Save 44%Save up to 58% on Amazon devicesAmazonRing Video Doorbell and Echo Dot bundleThe Ring Doorbell with Echo Dot bundle brings two of the most innovative and ubiquitous gadgets on the market together. You can monitor who comes to your door with the Ring and interact with them using the echo.$41.99 FROM AMAZONOriginally $99.98 | Save 58%Amazon Fire HD 10The latest Amazon Fire HD 10 (2019) is super affordable, but it still delivers a good set of features that you'll enjoy using for watching videos and running simple apps.$74.98 FROM AMAZONOriginally $149.99 | Save 50%Save $50 on Beats Studio BudsThe Beats Studio Buds support hands free Siri, but other voice assistants require touch controlsLisa Eadicicco/InsiderBeats Studio BudsThe Beats Studio Buds offer great sound, an excellent fit, and decent noise cancellation for $150. They support instant pairing for both iPhone and Android users, but the iPhone experience is still more seamless.$99.99 FROM BEST BUYOriginally $149.99 | Save 33%$99.95 FROM AMAZONOriginally $149.94 | Save 33%$149.99 FROM APPLE$99.99 FROM TARGETOriginally $149.99 | Save 33%$99.95 FROM WALMARTOriginally $149.94 | Save 33%Up to 40% off Instant PotsJen Gushue/InsiderInstant Pot Duo Crisp Pressure Cooker with Air Fryer (8 Qt)The Instant Pot Duo Crisp is a pressure cooker, slow cooker, air fryer, and sous vide machine all in one, making it one of the most useful and economical small appliances we tested.$119.95 FROM AMAZONOriginally $199.99 | Save 40%$119.99 FROM TARGETOriginally $199.99 | Save 40%$119.95 FROM INSTANTOriginally $199.99 | Save 40%Instant Pot Duo Crisp Pressure Cooker with Air Fryer (6 Qt)The smaller-capacity version of the Duo Crisp, this Instant Pot adds air frying and sous vide tech to its already packed resume of cooking options. This pressure cooker, typically selling between $150 and $180, has dropped to $79 during Walmart's Cyber Monday sale — the lowest price we've ever seen on this model.$119.00 FROM WALMARTOriginally $149.99 | Save 21%$110.49 FROM AMAZONOriginally $149.00 | Save 26%Instant Pot Duo Plus Pressure Cooker BundleThis bundle is a Target exclusive, and it includes an extra silicone egg rack and stainless steel steam rack for your pressure cooking needs. It’s only $60 right now — an excellent value for such a multifunctional kitchen appliance.$50.99 FROM TARGETOriginally $129.99 | Save 61%40% off the Oral-B Pro 1000 CrossAction Electric ToothbrushAmazonOral-B Pro 1000 CrossAction Electric ToothbrushWe love this electric toothbrush as a budget-friendly option that doesn't compromise on performance. It's also the path of least resistance to helping your teen build their own healthy habits.$29.97 FROM AMAZONOriginally $49.94 | Save 40%$300 off Lifespan Folding TreadmillLifeSpanLifeSpan TR1200i Folding TreadmillThe TR1200i is the baby sister of our top pick for a folding treadmill, the TR300i, with fewer built-in training programs and fewer fancy features like manual instead of digital buttons. But it's nearly the same size, has the same motor, and the same shock absorption — but for significantly cheaper.$899.00 FROM LIFESPANOriginally $1199.00 | Save 25%$100 off Fitbit SenseFitbitFitbit SenseThe Sense smartwatch has a ton of added features, focusing on heart health and stress management, giving you a more holistic look at your well-being. $199.00 FROM AMAZONOriginally $299.95 | Save 34%$199.95 FROM BEST BUYOriginally $299.95 | Save 33%$199.95 FROM FITBITOriginally $299.95 | Save 33%60% off Everlane Glove Boot ReKnitEverlaneEverlane Glove Boot ReKnitEverlane's Glove Boot is a sleek boot made with stretchy, sustainable knit fabric and a walkable heel for all-day comfort. $46.00 FROM EVERLANEOriginally $115.00 | Save 60%42% off Revlon One-Step Hair Dryer and VolumizerElana Rubin/INSIDERRevlon One-Step Hair Dryer and VolumizerThe Revlon One-Step Hair Dryer and Volumizer is a hot air brush designed to give you volume and shine in a single step. Its oval brush barrel smooths hair while its rounded edges grab and curl your roots, leaving you with full, bouncy, and healthier-looking hair.$22.28 FROM AMAZONOriginally $59.99 | Save 63%$29.97 FROM WALMARTOriginally $59.99 | Save 50%$54.99 FROM TARGETOriginally $59.99 | Save 8%30% off the GoPro Hero 10Les Shu/InsiderGoPro Hero 10 BlackThis video and still camera has similar capabilities to larger variants, while maintaining the small go-anywhere form-factor it's known for.$349.98 FROM GOPROOriginally $499.99 | Save 30%41% off ECOVACS Deebot T8 Robot Vacuum CleanerJames Brains/InsiderEcovacs Deebot Ozmo T8 AIVI Robot VacuumThe  Ecovacs Deebot Ozmo Pro Mopping System thoroughly cleans floors as opposed to pushing a wet cloth around. When paired with the Ecovacs Deebot Ozmo T8 AIVI Robot Vacuum, the two make easy work of time-consuming chores.$499.99 FROM AMAZONOriginally $749.99 | Save 33%$799.99 FROM BEST BUY38% off the Roku Streambar 2020RokuRoku Streambar 2020Too much clutter under the TV? The interesting Roku Streambar combines all of the features of a Roku 4K player with a compact soundbar.$79.98 FROM AMAZONOriginally $129.99 | Save 38%$79.98 FROM BEST BUYOriginally $129.99 | Save 38%$79.98 FROM TARGETOriginally $129.99 | Save 38%$99.00 FROM WALMARTOriginally $129.99 | Save 24%28% off the Google Nest Learning ThermostatGoogleGoogle Nest ThermostatGoogle Nest makes some of the best smart thermostats you can buy. This model lets you control your home's temperature via the internet or through a mobile app. It can also learn your preferred temperature settings over time. $99.99 FROM TARGETOriginally $129.99 | Save 23%$89.99 FROM AMAZONOriginally $129.99 | Save 31%17% off the Theragun PrimeAmazonTheragun PrimeTheragun's Prime massage gun is the perfect blend of performance and value. It delivers a high-quality massage, is durably built, and features an ergonomic design that makes it easy to use anywhere on your body. It's also half the price of the flagship Pro model.$249.99 FROM THERABODYOriginally $299.00 | Save 16%$249.99 FROM KOHL'SOriginally $299.99 | Save 17%5% off the Apple Watch Series 7AmazonApple Watch Series 7Much more than a timepiece, the Apple Watch can also be used for keeping track of workouts, making phone calls, sending text messages, setting timers and alarms, counting calories, and more.$379.99 FROM AMAZONOriginally $399.00 | Save 5%$379.99 FROM WALMARTOriginally $399.00 | Save 5%$399.00 FROM APPLE36% off a pair of AirPods ProAmazonApple AirPods ProThe Apple AirPods Pro look and sound better than previous-generation AirPods. Plus, they have noise cancellation built right into them and integrate perfectly with other Apple devices. $179.00 FROM AMAZONOriginally $249.99 | Save 28%$189.99 FROM TARGETOriginally $249.99 | Save 24%$189.99 FROM BEST BUYOriginally $249.99 | Save 24%$159.00 FROM WALMARTOriginally $249.00 | Save 36%$209.00 FROM B&HOriginally $249.00 | Save 16%Up to 60% off Ancestry DNA kitsAncestry.comAncestryDNA DNA + TraitsThe AncestryDNA + Traits kit gives you all of the same information as you get from the above kit plus over 25 of your most interesting traits as determined by your genetics so you can learn about where your characteristics came from.$59.00 FROM AMAZONOriginally $119.00 | Save 50%10% off the Apple MacBook Air.....»»

Category: topSource: businessinsiderNov 29th, 2021