Premier Sotheby’s International Realty Expands Presence in Naples Rental Market
Premier Sotheby's International Realty announced today that Naples Cay Exclusive Accommodations has merged into the company, which allows the firm to expand its leading presence in the Naples rental market. The owner, Fauzia Tahiry, will be affiliating with Premier Sotheby's International Realty as a global sales advisor based out of the brokerage's Village office.
With this acquisition, the former rental office located at 40 Seagate Drive will now operate as Premier Sotheby's International Realty. Ahmad Nabizad will remain at this on-site location as a vacation rental specialist. The brokerage will also continue to serve rental clientele at its primary rental office, located at 5020 Tamiami Trail North, Suite 120, under the direction of Chelsea Felts as the rental division leader.
With an annual closed sales volume of $10.7 billion in 2021, Premier Sotheby's International Realty is ranked among the largest real estate brokerages in the country by RealTrends.
"We are thrilled to welcome Fauzia Tahiry and Ahmad Nabizad to Premier Sotheby's International Realty," said Budge Huskey, president and chief executive officer, Premier Sotheby's International Realty. "Our two firms are well aligned in terms of our commitment to elevated service and we are confident that this new union will achieve extraordinary results in Naples' highly desirable rental market."
"We are honored to become part of Premier Sotheby's International Realty," said Fauzia Tahiry, owner, Naples Cay Exclusive Accommodations. "Merging with a prominent global real estate company will further elevate the exceptional service we provide to our valued rental clients."
About Premier Sotheby's International Realty
Headquartered in Naples, Florida, Premier Sotheby's International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby's International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage was founded by The Lutgert Companies, a prominent member of Southwest Florida's business community since 1964, and is a proud Peerage Realty Partner. For more information, visit premiersothebysrealty.com.
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Original Source: Premier Sotheby's International Realty Expands Presence in Naples Rental Market
Americans Say They Can’t Afford to Move — And Can’t Afford to Stay
Americans want to be homeowners, but feel they can't afford to buy — most agree "the American dream of owning a home is dead." But they also feel that they can't afford to stay where they are — and their solutions could change the country's housing market, according to "The State of Real Estate," the latest survey from The Harris Poll Thought Leadership Practice, released today.
The survey, conducted online among a representative sample of 1,980 U.S. residents in November, provides a deep dive into how Americans — particularly young Americans — feel about all aspects of homeownership.
Most Americans dream of owning a home of their own, but feel that costs are making it impossible. Almost six out of 10 respondents (59%) are "worried I will never be able to own a home." Most (61%) said they "feel priced out" of the current real estate market — a feeling even stronger among Millennials (69%).
"People's sense of safety has been shattered by the pandemic and what we call the stacked crisis — pandemic, war, inflation, climate disasters, and more," said Libby Rodney, chief strategy officer and futurist at The Harris Poll. "Crucial to reestablishing our sense of safety is housing. As humans, we are wired to nest and ground ourselves during times of uncertainty and upheaval. This data shows that not only do people feel priced out of the market, but areas that people live, especially Millennials, are so expensive that they feel barely livable."
Notably, most respondents (62%) feel Wall Street investors are part of the reason costs are so high, a feeling even stronger among people living in cities (72%).
However, Rodney noted a finding that, on the surface, seemed contradictory: One in five people (20%) have moved to a new home since the start of the pandemic, and a fifth of Gen Z-ers (19%) and 13% of Millennials were able to buy their first homes during the pandemic, often because mortgage rates fell sharply.
Most did so because of costs — more than 60 percent said they were seeking more affordable housing or a lower cost of living. (A similar percentage said they wanted more living space, and more than a third of movers said they moved for "political reasons.")
A deeper look, though, shows that those who moved often have buyer's regret. Almost six in 10 (59%) said their move was unplanned, and almost half (44%) say they wish they hadn't.
However, Americans still hope to move — almost four in 10 (39%) plan to move to a new home within three years — and they report a wide range of reasons for wanting to do so.
Cost is the biggest concern: More than six out of 10 homeowners and renters say their housing costs have increased since the pandemic — and more than a quarter (28%) say those costs have increased tremendously. Almost half (47%) of respondents say their current area "has become so unaffordable it's barely livable."
But costs cut both ways — seven in 10 (71%) are holding off because of concerns over economic uncertainty, like interest rates, inflation or a recession.
Americans are seeking broader pastures (away from the cities)
When they do move, though, Americans are poised to shift the population of the country.
Working remotely has changed how people see the real estate market. Three-quarters (77%) of those who plan to move within three years say working remotely has expanded their options.
That has more people likely to consider suburbs (64%) and rural areas (57%) than big cities (44%) as their destination. Younger generations are more likely to make that move: More than half of Gen Z-ers and Millennials would move to suburbs and rural areas, compared to about 45% of Gen X-ers and a third of Boomers.
In fact, the poll shows that Americans are re-examining their relationship with cities.
Almost seven in 10 (69%) disagree with the statement that "you have to live in the city to be successful in life." Almost two-thirds (64%) of those planning to move say it's scary to live in a big city, because of threats like pandemics or war.
Many Americans are willing to go even farther than the suburbs: Six out of 10 (60%) would consider moving to another state, and almost four in 10 (39%) would move to another country.
Their main reasons for moving closely resemble the thinking of those who moved during the pandemic: seeking more affordable housing (72%), lower cost of living (67%), safety (66%), and increased living space (66%). And again, 34% would move for "political reasons."
They're also considering anything they can do to make housing affordable — more than half (55%) say they can't afford to live without a roommate, and more than a quarter (28%) have considered renting out their homes temporarily to make money.
In all, Rodney said, The Harris Poll for Thought Leadership survey shows Americans struggling to resolve a housing dilemma.
"One trend we are watching closely after looking through this data is how migration patterns in the U.S. will continue to play out as people prioritize suburban and rural living over cities," she said. "Americans might be questioning if the cost of living in a city is worth it, especially when many have figured out how to create opportunities and success for themselves in the last two-and-a-half years virtually."
The Harris Poll for Thought Leadership's "State of Real Estate" survey is available at this link.
About The State of Real Estate Survey
This survey was conducted online within the U.S. by The Harris Poll from Nov. 11-13, 2022, among a nationally representative sample of 1,980 U.S. adults. This research includes 1,296 homeowners and 615 renters, as well as 194 Gen Z (ages 18-24), 613 Millennials (ages 25-40), 485 Gen X (ages 41-56), and 688 Boomers (ages 57 and older).
About Harris Poll Thought Leadership Practice
Building on 50+ years of experience pulsing societal opinion, we design research that is credible, creative, and culturally relevant. Our practice drives thought leadership and unearths trends for today's biggest brands. We are focused on helping our clients get ahead of what's next.
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Madeleine Moench
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Original Source: Americans Say They Can't Afford to Move — And Can't Afford to Stay
New Cyber Defense Brand, DeepSeas, to Unite Newly Acquired Commercial Managed Threat Services Business From Booz Allen Hamilton With Security On-Demand
SAN DIEGO - December 8, 2022 - (Newswire.com)
With the backing of Nautic Partners, Security On-Demand announced today it has acquired Booz Allen Hamilton's (NYSE: BAH) commercial Managed Threat Services (MTS) business. MTS and Security On-Demand will operate as one unified organization and brand: DeepSeas (deepseas.com).
Leveraging deep expertise that combines world-class cyber threat detection with industry-leading analysts, tailored threat intelligence, and accredited incident responders, DeepSeas is always on, always watching. With a combined track record of nearly 30 years of experience in cybersecurity, DeepSeas will offer its 300+ clients and new mid-market and enterprise customers advanced, integrated cybersecurity solutions across the enterprise's attack surfaces.
The acquisition of MTS comes in an environment in which threat actors are continuously working to compromise organizations. Enterprise and mid-market clients struggle to attract and retain talent with the skills required to effectively deploy, integrate, and manage security solutions at scale to reduce risk of brand damage and/or intellectual property theft or destruction.
DeepSeas will offer clients industry-leading cyber threat detection, analytics, and data science, as well as expert workflow and intelligence across a variety of industries. Through Nautic Partners, the DeepSeas leadership team will have access to capital to enhance the DeepSeas platform and capabilities. Booz Allen and DeepSeas will maintain a strategic and close alignment that enables continued collaboration between the two companies in the commercial market.
In response to the forming of DeepSeas, Craig Robinson, Research Vice President, Security Services at IDC, said, "Especially for growing mid-market companies, there is a need for broad cyber security services that extend beyond managed detection & response. There is an opportunity for a vendor, like DeepSeas, to package right-sized advisory, on-going technical environment maturity, and advanced threat defense for the increasingly complex needs of mid-market businesses."
"I am excited about the unique capabilities this combined team of experts brings to the market, as well as our plans to scale in a measured and meaningful way. We have the ability to deliver a scalable cybersecurity platform in addition to the skills to help clients customize their security programs," said Chris Esemplare, Chief Executive Officer of DeepSeas.
Booz Allen Senior Vice President, Wade Alt, will join the DeepSeas leadership team as Chief Operating Officer.
"This acquisition is a testament to the talent and achievements of Booz Allen and our MTS team. It creates exciting opportunities to serve clients in new ways across a rapidly expanding and extremely dynamic cyber market," said Alt. "Together with Security On-Demand, we look forward to exposing our talent to new opportunities to deepen and expand their cyber skills. Our combined talent and offerings give DeepSeas customers a unique portfolio of solutions that enables us to protect their environments with industry-leading tradecraft, talent, and technology."
"We are delighted to join together with the MTS team," said Peter Bybee, Founder and CEO of Security On-Demand. "Leveraging our complementary skills, advanced technical capabilities, and highly skilled workforces, we will further expand our differentiated solutions for clients as they navigate an increasingly sophisticated threat landscape."
Named the most innovative global MDR service provider by Frost & Sullivan, MTS protects customers' digital assets by patrolling and removing harm from their environments. By combining threat intelligence with managed detection and response, MTS delivers actionable insights, 24/7 threat detection, investigation, and response enabled by a sophisticated, enterprise-ready security platform. This capability includes securing operational technology (OT) with the first-ever fully integrated IT/OT capability, while still ensuring OT threats are responded to according to the unique needs of the environment.
Booz Allen will continue to provide advanced threat intelligence, managed detection and response, and other robust cyber solutions for its federal clients, as well as cyber consulting solutions for commercial organizations.
AGC Partners is serving as exclusive financial advisor to Booz Allen, and King & Spalding LLP is acting as legal counsel. Locke Lord is acting as legal counsel to Advanced Threat Response Holdings Inc. (ATR) and Nautic Partners. Financial terms were not disclosed.
About Nautic Partners
Nautic Partners is a middle-market private equity firm that focuses on three industries: healthcare, industrials, and services. Nautic has completed over 145 platform transactions throughout its 35-plus-year history. Nautic's strategy is to partner with management teams to accelerate the growth trajectory of its portfolio companies via add-on acquisitions, targeted operating initiatives, and increased management team depth. Nautic generally makes equity investments of $50 to $400 million or more. For more information, please visit www.nautic.com.
About Security On-Demand
Security On-Demand (SOD) provides 24/7 advanced cyber-threat detection services for mid-market companies and state and local government agencies. SOD's patented, behavioral analytics technology platform, ThreatWatch®, enables the detection of advanced threats that help protect brand value and reduce the risk of a data breach. SOD is headquartered in San Diego, California with an office in Salt Lake City, Utah, and an international R&D office in Warsaw, Poland. All three locations house Security Operations Centers. SOD services and protects hundreds of brands globally and is the winner of multiple industry awards. For more information, visit www.securityondemand.com.
About Booz Allen Hamilton
For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, Booz Allen helps organizations transform. Booz Allen is a key partner on some of the most innovative programs for governments worldwide and trusted by its most sensitive agencies. Booz Allen works shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision.
With global headquarters in McLean, Virginia, the firm employs approximately 30,000 people globally as of September 30, 2022, and had revenue of $8.4 billion for the 12 months ended March 31, 2022. To learn more, visit www.boozallen.com. (NYSE: BAH)
Forward Looking Statements
Certain statements contained in this press release and in comments by Booz Allen management include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning the acquisition and related matters, prospective performance and opportunities, and any expected benefits, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "forecasts," "expects," "intends," "plans," "anticipates," "projects," "outlook," "believes," "estimates," "predicts," "potential," "continue," "preliminary," or the negative of these terms or other comparable terminology. Booz Allen gives no assurance these expectations will prove to have been correct. Additional information concerning risks and uncertainties and other factors can be found in Booz Allen's filings with the Securities and Exchange Commission (the SEC), including in our Annual Report on Form 10-K filed with the SEC on May 20, 2022. All forward looking statements attributable to Booz Allen or persons acting on Booz Allen's behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, Booz Allen undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts
Anna Seacat, DeepSeas, Chief Marketing Officer, [email protected]
Jessica Klenk, Booz Allen Media Relations, [email protected]
Nathan P. Rutledge, Booz Allen Investor Relations, [email protected]
Contact Information:
Anna Seacat
CMO
[email protected]
Nathan Rutledge
Booz Allen Investor Relations
[email protected]
Jessica Klenk
Booz Allen Media Relations
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Original Source: New Cyber Defense Brand, DeepSeas, to Unite Newly Acquired Commercial Managed Threat Services Business From Booz Allen Hamilton With Security On-Demand
