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From immigrant family to tech CEO, Nina Vaca uses her success to spread global entrepreneurship | Technology

 Her father, who owned a travel agency, was murdered in 1989, when Nina was 17. “My dad died at 46. My age exactly. And he left behind five children,” Vaca says. “It was a tragic time for my family. That’s what makes our success story so beautiful. “Yes, like a good entrepreneur, I found a need in the marketplace and a way to fill it. Yes, the barriers to entry were minimal at the time because there was so much demand for IT. Yes, all those things are true. “But the real purpose behind me starting Pinnacle was to create a better life and a better circumstance for my family.” Her older sister, Jessica Narvaez, joined Pinnacle’s management team early on, followed by her younger brother, Freddy Vaca, then her husband, Jim Humrichouse, and cousin, Ximena Alvarez. Today, Vaca numbers her “family” in the thousands, including 5,000 employees and consultants and people in the communities here and abroad that she helps. “The larger and more successful we are at Pinnacle, the more we’re able to...

RK Properties Acquires 220-Unit Raleigh, NC Property

LONG BEACH, CA--(Marketwired - Aug 17, 2017) - RK Properties (www.RKProp.com) announced that it has acquired Edwards Mill , a 220- unit multifamily property in Raleigh, North Carolina. "We are excited to add our third and final property to RK Opportunity Fund IV with the purchase of Edwards Mill ," said Steve King, Vice President of Long Beach, California- based RK Properties . "We believe this asset is consistent with our disciplined underwriting criteria that meets the requirements of our investors for preservation of capital, reliable monthly income , appreciation, and tax benefits." Mr. King noted that RK Properties focuses on acquiring multifamily assets in strong locations with historical rent growth and a value- add opportunity . Edwards Mill is the company's first Delaware Statutory Trust (DST) structure, offering investment opportunities for 1031 exchange buyers and direct capital investors . Built in 1984, Edwards Mill is a 220-unit class ...

Wisconsin hate groups, hate crime hard to track

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White nationalist s, neo-Nazis and members of the "alt-right" clash with counter-protesters as they enter Lee Park during the "Unite the Right" rally Aug. 12, 2017, in Charlottesville, Virginia. After clashes with anti-fascist protesters and police the rally was declared an unlawful gathering and people were forced out of Lee Park, where a statue of Confederate General Robert E. Lee is slated to be removed. (Photo: Chip Somodevilla/Getty Images) One national survey says nine hate groups are operating in Wisconsin, although the nature of such movements makes it difficult to know their scope or predict when they will come out of the shadows, experts say. The hatred that spawned a white nationalist rally and led to a counterprotester's death last weekend isn’t unique to Charlottesville, Virginia, although it typically takes a subtler form than burning crosses and filling streets with chanting zealots. Wisconsin hasn’t had a significant public hate rally since ...

Vanguard Group is America's new landlord

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Vanguard Group is fast becoming a dominant investor in the U.S. real estate industry . Securities and Exchange Commission reports compiled by Bloomberg show that the company’s mutual funds and exchange-traded funds are now the leading owners of real estate investment trusts (REITs), the tax- protected investor funds that own many of the nation’s offices, shopping centers, apartments, hotels, warehouses, and data and storage centers. Including its indexed stock and REIT-focused funds, Malvern- based Vanguard owns 18 percent of Host Hotels & Resorts, whose portfolio includes Ritz -Carlton, Marriott, and Westin hotels; 15 percent of Simon Property Group , the national mall owner that counts King of Prussia Mall among its holdings; and a similar share of Prologis, the warehouse giant. Locally, Vanguard funds control 16 percent each of Brandywine Realty Trust , which owns a majority of Center City’s highest buildings; Liberty Property Trust ...

Heated Rematch in Central Brooklyn, Where Incumbent Seeks to Hold City Council Seat

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Council Member Laurie Cumbo (@cmlauriecumbo) Hundreds of Crown Heights residents and community activists laughed and jeered at a recent community forum as a lanky man wearing a paper mask of Mayor Bill de Blasio joked about bringing affordable housing to their neighborhood. The event was punctuated by moments of levity but mostly dominated by anger from residents who feel their elected representatives have sold out their interests to the real estate industry , with a focus on the proposed redevelopment of the vacant Bedford Union Armory . The de Blasio administration , with a developer, is proposing a combination of affordable and market rate rental apartments , condominium units, and recreation space for the massive site. City Council Member Laurie Cumbo , who represents the district, did not attend the August 2 forum focused on the project -- she was just days from giving birth to a son -- and when representatives of her office tried to speak, they were shouted down. The ev...

No ID, No Job; The Ministry Working to Give DC's Homeless A Second Chance

WASHINGTON - In the heart of Washington DC, one of the nation's most prosperous cities, lies a secret. While tourists see the Washington Monument and Lincoln memorial, what they may not see are as many as eight- thousand homeless men and women. The good news; dozens of church's and social programs are working to change that statistic. While some of the problems with chronic homelessness are obvious, a unique ministry in the heart of the district is tackling an issue most wouldn't give a second thought. The ID Ministry A driver's license or a state ID can open up a world of possibilities. But try losing one and same possibilities disappear.  "Our whole idea of a system in this country is based on being able to be tracked and prove who you are. Even more so since 2001, with the 911 attacks. At this point, you can't really do anything if you don't have an ID," Pastor Ben Roberts of Foundry United Methodist told CBN News .  That's where Foundry Unite...

think rooftop vegie patches and beehives

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The long retail spine of Sydney Road, Brunswick, just north of Melbourne's CBD, was once a prosperous trading outpost on the way to the goldfields. These days it's a bohemian mix of variety stores, op shops, halal butchers and Lebanese bakeries. Take a side street to the west, however, and a different picture emerges. Sandwiched between Sydney Road and the Upfield train line is an area undergoing rapid and widespread transformation. Light industry is fast being replaced by mid- rise apartment buildings , their inhabitants attracted by the short commute into town and cheaper prices than in the city's south-east. The quality of these units is, on the whole, depressingly bad; think poor ventilation and bedrooms that "borrow" natural light (a weasel word for being dark and windowless). The occasional jazzy façade tries feebly to make up for otherwise cheap construction amid a chorus of greys. At ground level, carpark roller doors alternate with mean pocket garden...