Our Mechanical Bull has 6 preset settings for easy, medium and Hard difficulty when people want to compete on the same ride. It also allows our Cowboys to operate the controls for variable bucking speed and variable rotation speed which makes it suitable for cowpokes 5 years old and up and maximum speed for the real cowboys in the crowd. If you are looking for something really different, check out our Mechanical Horse Shooting Gallery. We can bring out both the mechanical bull and shooting gallery and switch between the two in 10 minutes. If you are looking for the best Western Theme Party Package, you have come to the right place. Our Western Theme Party Packages include music, bands, decorations, games, activities, employee gifts and grub (catering). Our Western Party Games include Pistol Poker Pinball, Cow Milking Contest, Ring the Bull, Inflatable Pony Racers for kids and adults, Western Photo Cut Outs, Trackless Train Rides and more. Check out the mechanical surfboard. If you are planning a Luau party, you will need the mechanical surfboard to really make a splash. www.thefunones.com 630-495-3200
Imagine Lifestyles Chicago lines up the fleet of black luxury rental cars in front of Soldier Field and the iconic Chicago skyline. First to the plate to show off its’ stuff is the Bentley GTC Mulliner Edition. Not to be outdone the Mercedes Benz S550 4-Matic rolls up next and is an equally impressive automobile. Our Range Rover Sport Supercharged looks mighty fine next to Soldier Field and is perfect for Chicago’s often- bumpy roads. Next up is the GMC Yukon Denali, also great for dodging potholes and bicyclists on Chicago’s busy streets. Last but not least is the Cadillac Escalade ESV, a favorite amongst businessman and tourists alike for airport chauffeurs with its extra room for luggage and passengers to travel in ultimate luxury. All of these luxury vehicles are available for rent from Imagine Lifestyles chicago. Enjoy all of Chicago in style with one of these beautiful vehicles. Roll down Lakeshore Drive, cruise down Michigan Avenue, or head north along Sheridan and enjoy views of Lake Michigan in any of Chicago’s Imagine Lifestyles black fleet today. www.ImagineLifestyles.com Video Rating: 5 / 5
Grand Prix New York Adds 19-Lane Bowling Center to Its Mount Kisco Facility
Mount Kisco, NY (PRWEB) September 26, 2011
On Wednesday, November 9, Grand Prix New York (GPNY) will open Spins Bowl, a new 19-lane bowling center inside GPNY’s 118,000-square-foot indoor kart racing and entertainment facility in Mount Kisco, NY.
The Grand Opening festivities commence at 6:00 p.m. with cocktails and hors d’oeuvres, followed by speeches from state, county and local dignitaries. Then at 7:00 p.m. Spins Bowl will be christened with a unique “Roll-Off”: 19 VIPs simultaneously rolling their bowling balls down their respective lanes. After which, guests will be encouraged to bowl and tour the facility until the ceremony ends at 9:00 p.m.
On the following day, Spins Bowl will be open to the public. The 30,000-square-foot, state-of-the-art bowling center consists of 12 “Family Lanes” and 7 “VIP Lanes” with images of cityscapes from New York, chicago, and L.A. splashed across the walls. Both Family and VIP Lanes come complete with video panels, electronic scoring, and plush lounge and lane-side seating. The VIP Lanes feature private rooms with leather furniture, TVs, and exclusive dining table service provided by Fuel, the in-house restaurant/caterer of Spins Bowl and GPNY.
Spins Bowl’s hours of operation will run from 9 a.m. to 11 p.m., 7 days a week. Cost of entry will range from $ 25 per hour to $ 40 per hour depending on the time of day. VIP lanes cost an extra $ 5 per hour. Patrons will also have the option of renting out the Family Lanes, the VIP Lanes, or the entire center for activities such as birthday parties, mitzvahs, corporate functions, and other group events. These group rentals give bowlers a minimum of 2 hours of bowling time, including Cosmic Bowling –glow-in-the-dark bowling with a dance club atmosphere that rocks the center with a state-of-the-art sound system and laser lights – use of billiards, table tennis, a party room, free shoe rental for all guests, and Brunswick Bowl bowling equipment.
“It is imperative in this stagnate economy, while other businesses are scaling back or holding steady, that GPNY expand,” said Nat Mundy, Vice President, Marketing for GPNY and Spins Bowl. “By creating Spins Bowl, we’re tapping into the number one participatory sport in America according to The National Sporting Goods Association and the Bowling Billiards Institute of America. This doesn’t just mean increased traffic for us, it means new tourism and money flowing into the village of Mount Kisco and Westchester County in general. The Spins Bowl expansion is our investment in the future. It means we’re here to stay.”
Mundy went on to say that one of the major reasons for the popularity of bowling is the fact that people from the age of three years on up can bowl, and items such as gutter rails and ball ramps – which Spins Bowl provides – make the sport enjoyable for young and old alike. Mundy also pointed out that Spins Bowl will be open for league bowling and competitions.
Spins Bowl, like GPNY, will also continue its tradition of hosting charitable events. On November 18, just 10 days after its Grand Opening, Spins Bowl will be hosting the “Strikes Against Cancer Bowl-A-Thon” to raise funds for Support Connection, a Yorktown Heights-based charity that aids families and women suffering from breast and ovarian cancer. Spins Bowl currently has at least four fundraising events booked through the end of the year.
For more information on Spins Bowl, please visit http://www.SpinsBowl.com or e-mail info(at)gpny(dot)com.
Grand Prix New York Racing (GPNY) is the only large indoor racing, social entertainment, and corporate event venues in The New York City-metro area. Centrally located in the village of Mount Kisco, New York, GPNY is a unique 118,000-square-foot facility offering a quarter-mile-long, state-of-the-art racetrack for all ages, Spins Bowl: a 19-lane bowling center, special events services, Fuel: restaurant and bar, award-winning catering, an arcade, carnival room, a banquet facility, conference rooms, and more. GPNY is actively involved in community outreach and fundraising efforts. Since its inception in 2008, GPNY has raised hundreds of thousands of dollars for local charities by hosting high-profile fundraising events. For more information about GPNY, visit their website at http://www.gpny.com.
Jameson Real Estate Arranges Bulk Sale of Condo Units On Chicago’s North Side
Chicago, IL (PRWEB) September 10, 2009
Jameson Real Estate proudly announces the bulk sale of 24 Chicago condominiums in a development on the North Side of the city. The Chicago real estate company sold the majority of the five-story building’s 39 units to a local developer, who plans to remarket the condominiums. The property is currently named the Lincoln Park Lofts and is located in the Lincoln Park area near the intersection of Ashland and Fullerton. Previously known as Ashton Lofts, the condominiums are conveniently close to the DePaul University campus, nightlife and restaurants, and public transportation. The transaction was arranged by Lindsey Delrahim of Jameson Real Estate, who represented the seller, Rally Capital Services LLC, with the selling price of $ 3.1 million.
About Jameson Real Estate: Jameson Real Estate is a full-service real estate organization, selling and renting commercial and residential properties across chicago. The Jameson sales team includes over 180 full-time professionals to assist in real estate transactions in Lincoln Park and other various neighborhoods and suburbs of Chicago.
First Advantage SafeRent Releases Third Quarter 2008 Multifamily Applicant Risk Index
First Advantage SafeRent Logo
Rockville, MD. (Vocus) October 28, 2008
First Advantage SafeRent, Inc., a wholly owned subsidiary of First Advantage Corporation (NASDAQ: FADV) and the nation’s leading and most innovative provider of screening and risk management services for the multifamily industry, today announced the release of third quarter 2008 multifamily applicant risk statistics.
The Multifamily Applicant Risk Index (MAR Index) is based on traffic credit quality scores from First Advantage SafeRent’s statistical screening model and is updated quarterly to provide property owners and managers with a benchmark with which to compare their portfolio’s performance. With this unique applicant risk index, property managers and owners are able to compare their applicant credit quality trends with that of the average MAR Index trends. This comparison indicates whether their portfolio is performing above, below or at market levels with respect to attracting and securing applicants with higher credit quality and an increased likelihood of fulfilling their lease.
The third quarter national MAR Index, including studios, one-, two-, three- and four-bedroom units (BR), was 104. This is a 4 point increase from the first quarter 2008, which confirms a trend of seeing higher MAR Index values during the traditionally high applicant traffic volume periods of the second and third quarters. Compared to the third quarter 2007, the MAR Index is up 1 point from the 2007 value of 103. When comparing applicants for one- versus two-bedroom units, the MAR Index is slightly higher for one-bedroom units at 105 compared to 104 for two-bedroom units in the third quarter (see Graph 1).
Regionally, the Northeast continues to have the highest MAR Index with a value of 115 while the Midwest has the lowest MAR Index with a value of 100 this quarter (see Table 1).
From a Metropolitan Statistical Area (MSA) perspective, the three MSAs with the leading decreases in the MAR Index were Raleigh–Durham–Chapel Hill, NC; Charlotte–Gastonia–Rock Hill, NC-SC; and West Palm Beach–Boca Raton, FL with decreases of 3, 3, and 4 points respectively. The three MSAs with the leading increases in the MAR Index were chicago–Gary–Kenosha, IL-IN-WI; Nashville, TN; and Orlando, FL with increases of 3 points each (see Table 2).
Understanding the Multifamily Applicant Risk Index (MAR Index)
The MAR Index is published quarterly by First Advantage SafeRent. It provides trends of national and regional traffic credit quality scores whereby a lower index value indicates an applicant pool with a higher risk of not fulfilling lease obligations. A MAR Index value of 100 indicates that market conditions are equal to the national mean for the index’s base period of 2004. A MAR Index value greater than 100 indicates market conditions with reduced average risk of default relative to the index’s base period mean. A value less than 100 indicates market conditions with increased average risk of default relative to the index’s base period mean. The MAR Index is derived from First Advantage SafeRent’s Statistical Screening Model-the multifamily industry’s only screening model that is both empirically derived and statistically validated. First Advantage SafeRent’s Statistical Screening Model was developed from historical resident lease performance data to specifically evaluate the potential risk of a resident’s future lease performance. The model generates scores for each applicant indicating the relative risk of the applicant not fulfilling lease obligations. A lower score indicates a more risky applicant.
To receive the MAR Index data for your Metropolitan Statistical Area or for questions, contact First Advantage SafeRent at marketing@FADVSafeRent.com. Data is also available at the property and sub-market level from our Property Performance Analytics tool. For more information, visit http://www.FADVSafeRent.com/PPA.
About First Advantage SafeRent
First Advantage SafeRent, Inc., a wholly owned subsidiary of First Advantage Corporation, is the nation’s leading and most innovative provider of screening and risk management services to the multifamily housing industry. Through its offices in Rockville, Md., and support offices across the nation, First Advantage SafeRent offers a single source for resident screening services, renters insurance programs, automated lease and document generation, and property performance evaluation tools. More than 39,000 properties, representing over 6 million apartment homes, rely on First Advantage SafeRent every day to assist them in screening residents that meet their community standards and maximize profitability. First Advantage SafeRent leads the industry in innovations and enhancements designed to make the decision process faster, easier and more accurate. For more information, visit http://www.FADVSafeRent.com.
First Advantage Corporation (NASDAQ: FADV) provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, Calif., the company has more than 4,300 employees in 12 countries that support over 90,000 clients globally. More information about First Advantage is available at http://www.FADV.com.
www.RentPing.com – Welcome to The Blackwood, located at 5200 South Blackstone in chicago, Illinois 60615. This is a 2Bedroom, 1 Bath Area layout. Professionally Managed by MAC Property Management. APARTMENT FOR RENT http produces professional video walk-through tours of rental apartments, duplexes, townhomes, and houses. Take video tours of other available apartments for rent at www.RentPing.com !
www.AllTheFunIn1.com 815-600-6464 As Seen On CBS News /All The Fun In 1 is a great choice for your Chicago party rental, services and event planning ideas. We are a mobile entertainment group that provides Chicago fun that the entire family can enjoy from our Camel Rides, Llama Rides, Pony Rides, Petting Zoos, Inflatable Rides, Train Rides, Fire Truck Birthdays and more! We Service the Chicago area Birthday Parties, Church Events, Company Picnics, Block Parties, Schools, Day Cares, Backyard Parties, Park Districts, Police-Fire Departments and everything in between! All The Fun In 1 offers Chicago animal rentals for live nativity, passion plays and all other animal rental needs. With our Bouncy Inflatable Moon Jumps, Trackless Trains and Fire Truck rentals are sure to be a big hit at your next event! Keep in mind with our Camel Rides, Camel Rentals, Mom, Dad, Grandma, Grandpa and all the kids get to have fun with our Exotic Animal Rides! All The Fun In 1 provides the best Chicagoland Children’s entertainment services in the Chicago Area! All The Fun In 1 offers Chicago Birthday Party Rentals,services for your Chicago Birthday Parties. You might be looking for a Chicago Birthday Party Place to host your Chicago Birthday Party,consider having All The Fun In 1 for your Chicago Birthday Party Entertainment! All The Fun In 1 has great Chicago Birthday Party Planning Ideas! Rent a space at your local Forest Preserve or Park and host your party there or in your back yards,block …
In every city, apartments are available in a wide variety of different neighborhoods. Chicago is one such city, and is the largest one in Illinois. It is, undoubtedly the centre of culture, commerce and education in the United States. There are quite a lot of job opportunities available as well, which attract young professionals and families. All of this points towards the fact that people need a place to live in. Since Chicago is very densely populated, not everyone can afford an independent house. Therefore, many people prefer to live in an apartment to balance their expenditure for accommodation and day to day living.
Thanks to the availability of the internet, Chicago apartments for rent have been made very easy to locate. However, the rent of the place has to be given special consideration. The cost of renting an apartment in chicago is a lot more than the general community would perceive, and to be able to afford a decent place to live in, some steps have to be followed in an organized manner. Things that you will need are internet connection, Chicago road/ travel map, the local newspaper, driver’s license, and money for a security deposit. Step 1 should most definitely be, determining how much you want to spend on rent. An easier way to figure this out can be by dividing your income into halves according to the things you spend on every month. If you feel the need to share your rent with someone, one should seriously consider getting a room mate.
Step 2 is to write down the things that you think are important to you in regards to getting your apartment and the things that you think you can do without. It is possible; to not be able to find an apartment with all the things you wished for, therefore, you should always be prepared.
Step 3 is to daily, go through the newspapers very thoroughly and look for Chicago apartments for rent in your area of interest, keeping under consideration the price range and the set criteria that you’ve in mind.
Step 4 should be to look for Chicago apartments for rent on the internet. Searching on the internet makes it easier for you to quickly go through various amounts and sorts of apartments and to compare them with one another. You can then choose an apartment that fits your needs and desires. Step 5 would be to drive around the neighborhood that you like the apartment in. Analyze whether the place fulfills your demands for transportation, schools etc. Step 6, the last step would be to negotiate the price of the Chicago apartment for rent. You never know, you may be able to bring the landlord down to the price that you want. The steps given above are the solution for anyone and everyone who is looking for Chicago apartments for rent.
Gold Coast Chicago favorite stores, places, restaurants – what the insider, local resident knows about the Gold Coast. Video Rating: 0 / 5
Condominiums In Elk Grove Village Selling Fast, Aided By Rent To Own Program Says Local Developer Sparks & Associates
(PRWEB) September 16, 2003
-12 Oaks Elk Grove is the latest offering from a local developer with a 30 year track record of success. The 221 unit property is over one half sold out just one week before official sales to the public even begin, due in part at least to the propertyÂ?s Â?Rent To OwnÂ? program.
Rent To Own programs are not new, but it is making a big impact with renters in the northwest Chicago suburb of Elk Grove Village. Perhaps they want a chance to get to know the property better or need a place to live immediately but require more time to finance their purchase.
Whatever the reason, the Rent To Own is a popular option. A week before official sales even begin, fewer than 100 units remain available. Many of these pre-purchases were by current renters who wished to buy their unit or new prospective renters attracted by the Rent To Own program. In both cases, the renter pays rent normally, however, if they decide to purchase their unit in the future, up to $ 1000 per month of the rent they paid may then be applied to their down payment. The program is just too good to miss for many local area renters, soon to be homeowners.
Interested buyers and renters should contact the property by email at sales@condominiumsinelkgrove.com or by calling the primary on property sales manager, Sheila Huerta at (847) 477-9272 or visit the website at http://www.condominiumsinelkgrove.com
About 12 Sparks & Associates
12 Oaks is a development of Sparks & Associates, Inc., a leading Arlington Heights area developer of multi-family communities for over 30 years. The company is a local area developer with the golden touch. Sparks & Associates has a track record of 1000′s of multi-family home units and is the recipient of numerous awards for immaculate landscaping and maintenance. The company is renowned in the Northwest chicago Suburbs for the superb 12 Oaks properties. Feel free to call Michael Sparks Jr. at (847) 927-7209 or email sales@condominiumsinelkgrove.com
WorldÂ?s Largest Commercial Building Houses New Automated DVD Rental Kiosk
Chicago, IL (PRWEB) April 28, 2005
The operator of Flashrent automated DVD rental kiosks, River North Media, in association with ELO Media, launched Flashrent in ChicagoÂ?s Merchandise Mart Â? the worldÂ?s largest commercial building, located in the heart of downtown chicago. The Mart is one of ChicagoÂ?s premier international business locations — the largest trade center in the world since 1930. The Mart houses business suites, an art school, commercial shopping, a Chicago transit stop, food court and now the Flashrent automated DVD rental kiosk.
ELO Media is a provider of the industry-leading automated DVD kiosks called DVmatic, with the Merchandise Mart Flashrent machine installed and serviced by River North Media. ELO MediaÂ?s DVmatic (coined Flashrent in the Chicago market) is a highly advanced, user-friendly movie rental solution, enabling movie lovers to rent or purchase DVDs or games around the clock. These stand-alone machines are designed for placement in high-traffic, regularly visited areas such as supermarkets, residential or corporate multi-unit buildings, commuter transit points, universities and shopping plazas.
Â?Consumers are consistently seeking convenience and simplicity in retail. This is quite evident in the growing popularity of automated machines wherever we go — banks/ATMs, self check-out supermarket isles, self check-in boarding passes, automated ticket purchases, and now automated DVD rentals,Â? said Oren Hon, ELO Media president. Â?The automated DVD machines offer speed and convenience, which is a superior alternative to dealing with a cashier. The machine offers a two-way advantage. To the consumer, the DVmatic is a quick and cheaper way to rent movies and to the hosting location, DVmatic is an additional way to increase foot traffic and offer a one-stop service to the customers with little to no overhead.Â?
About ELO Media LLC
ELO Media, established in June 2003, is one of the first companies to introduce the concept of automated DVD vending Machines in the US. In addition to distributing the DVmatic, ELO is an owner and operator of the DVmatic machines. ELO offers individuals and retail businesses the opportunity to install these machines independently. ELO offers marketing assistance for securing locations and business assistance based on US field experience. Since its product release, ELO Media has deployed DVmatic machines in several stand-alone operators in California, New York, Texas, Connecticut, Wisconsin, Louisiana, Las Vegas Nevada and most recently, Chicago Illinois.
For more information on ELO Media and DVmatic please visit http://www.dvmatic.com or call
(866) ELO-DVDS.
Contact River North Media via email at info@rivernorthmedia.com or by phone at (312) 224-8122.
‘Rational Rent Relief’ Commercial Landlords, Lenders and Tenants Must Work Together! Reduce Your Rent Releases Document on the Ins and Outs of Rent Reduction
New York (Vocus) July 30, 2009
As weak economic conditions continue, powerful national retailers and restaurant corporations are actively and aggressively re-negotiating their leases with their landlords. Taking this kind of proactive approach, these leading corporations are using their nationwide buying power to persuade landlords that rent relief is essential. Smaller retailers, if they are to survive, must now do the same and put in place a survival plan of their own, say commercial rent reduction specialists, Reduce Your Rent (http://www.ReduceYourRent.com).
Reduce Your Rent (RYR) is a nationwide company that champions the small business retailer, using the experience of local commercial real estate professionals to convince landlords that rent reduction is not only necessary, but is in everyone’s best interest – including theirs!
As the recession continues, small retailers face reduced consumer spending, along with spiraling triple net and common area expenses. If these smaller businesses go out of business, property owners also face significant problems re-leasing these dark store fronts, acting a kind of retail “cancer,” possibly causing landlords to violate key loan covenants, and risk losing it all.
Taking a proactive, insightful approach, RYR works with tenants across the US to assist in properly evaluating and re-structuring their commercial leases. Historically, tenants who try to reach out and renegotiate their leases with their landlords almost always fail. Lacking a clear understanding of the intricacies of their leases, the market and its direction, they time and again run into stone walls. But this is a false sense of security for landlords. They may be in the position to say “no,” but they could end up just hurting themselves.
Says RYR Founder, Tom Lackman, “I’ve watched real estate cycles come and go since the 1970′s, and I’ve never seen a crisis of this magnitude, particularly with respect to retail properties. The bottom line is if tenants don’t get some kind of rent relief, they are going to fail in increasing numbers. That will be followed by empty malls and half-built office buildings owned by lenders that have no idea what to do with them. Tenants, landlords and lenders must start working together now or this already bad situation will get much worse.”
To try to give tenants a better understanding of their situation, RYR is releasing a ground breaking “white paper” entitled “Rational Rent Relief: Commercial Landlords, Lenders and Tenants Must Face Reality.” The paper discusses consumer savings and spending trends, tenant reactions and concerns, CRE vacancy trends, commercial financing and loan default issues, options and cost/benefits of rent relief and a Business Case Approach to a tenant’s request for rent relief. “Rational Rent Relief” and its unique and comprehensive approach to today’s commercial real estate crisis will deliver better results for all, and most importantly to the small business tenant.
The full white paper can be downloaded from the home page of http://www.ReduceYourRent.com.
ReduceYourRent.com was formed in early 2009 and by its three principals: Tom Lackman CPA (ret), Colleen Canale, MBA, and Michael Jackowitz, Esq. In that short time, RYR has expanded to major US markets including Atlanta, Boston, chicago, Denver, San Francisco, Las Vegas, TriState area (of CT), San Diego, Portland, Los Angeles, Tampa, Dallas, Charlotte, Chattanooga, New York, Phoenix, Minneapolis Raleigh and Baltimore. Each local agent is a specialist in leasing. Focusing on the smaller business retailer, RYR puts years of regional and nationwide experience in commercial banking, law, zoning and construction at its clients fingertips.
First Advantage SafeRent Releases Second Quarter 2008 Multifamily Applicant Risk Index
Rockville, MD (Vocus) July 24, 2008
First Advantage SafeRent, Inc., a wholly owned subsidiary of First Advantage Corporation (NASDAQ: FADV) and the nation’s leading and most innovative provider of screening and risk management services for the multifamily industry, today announced the release of second quarter 2008 multifamily applicant risk statistics.
The Multifamily Applicant Risk Index (MAR Index) is based on traffic quality scores from First Advantage SafeRent’s statistical screening model and is updated quarterly to provide property owners and managers with a benchmark with which to compare their portfolio’s performance. With this unique applicant risk index, property managers and owners are able to compare their applicant quality trends with that of the average MAR Index trends. This comparison indicates whether their portfolio is performing above, below or at market levels with respect to attracting and securing high quality, paying residents.
The second quarter national MAR Index, including studios, one-, two-, three- and four-bedroom units (BR), was 105. This is a 5 percent increase from the first quarter 2008, which confirms a trend of seeing higher MAR Index values during the traditionally high applicant traffic volume periods of the second and third quarters. Compared to the second quarter 2007, the MAR Index is the same value of 105. When comparing applicants for one- versus two-bedroom units, the MAR Index is slightly lower for one-bedroom units at 105 compared to 106 for two-bedroom units in the second quarter (see Graph 1).
Regionally, the Northeast continues to have the highest MAR Index with a value of 116 while the Midwest and South have the lowest MAR Index with a value of 102 this quarter (see Table 1).
From a Metropolitan Statistical Area (MSA) perspective, the three MSAs with the leading decreases in the MAR Index were Memphis, TN-AR-MS; Phoenix/Mesa, AZ; and Denver/Boulder/Greeley, CO with decreases of 4, 5, and 6 points respectively. The three MSAs with the leading increases in the MAR Index were chicago/Gary/Kenosha, IL-IN-WI; New York/Northern New Jersey/Long Island, NY-NJ-CT-PA; and Seattle/Tacoma/Bremerton, WA with increases of 3, 2 and 2 points respectively (see Table 2).
Understanding the Multifamily Applicant Risk Index (MAR Index)
The MAR Index is published quarterly by First Advantage SafeRent. It provides trends of national and regional traffic quality scores whereby a lower index value indicates an applicant pool with a higher risk of not fulfilling lease obligations. A MAR Index value of 100 indicates that market conditions are equal to the national mean for the index’s base period of 2004. A MAR Index value greater than 100 indicates market conditions with reduced average risk of default relative to the index’s base period mean. A value less than 100 indicates market conditions with increased average risk of default relative to the index’s base period mean. The MAR Index is derived from First Advantage SafeRent’s Statistical Screening Model – the multifamily industry’s only screening model that is both empirically derived and statistically validated. First Advantage SafeRent’s Statistical Screening Model was developed from historical resident lease performance data to specifically evaluate the potential risk of a resident’s future lease performance. The model generates scores for each applicant indicating the relative risk of the applicant not fulfilling lease obligations. A lower score indicates a more risky applicant.
To receive the MAR Index data for your Metropolitan Statistical Area or for questions, contact First Advantage SafeRent at marketing @ FADVSafeRent.com. Data is also available at the property and sub-market level from our Property Performance Analytics tool. For more information, visit http://www.FADVSafeRent.com/PPA.
About First Advantage SafeRent
First Advantage SafeRent, Inc., a wholly owned subsidiary of First Advantage Corporation, is the nation’s leading and most innovative provider of screening and risk management services to the multifamily housing industry. Through its offices in Rockville, Md., and support offices across the nation, First Advantage SafeRent offers a single source for resident screening services, renters insurance programs, automated lease and document generation, and property performance evaluation tools. More than 39,000 properties, representing over 6 million apartment homes, rely on First Advantage SafeRent every day to assist them in screening residents that meet their community standards and maximize profitability. First Advantage SafeRent leads the industry in innovations and enhancements designed to make the decision process faster, easier and more accurate. For more information, visit http://www.FADVSafeRent.com.
First Advantage Corporation (NASDAQ: FADV) provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, Calif., the company has more than 4,800 employees in 12 countries that support over 90,000 clients globally. More information about First Advantage is available at http://www.FADV.com.
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