Tag Archives: driving

Driving Academic Success with Their Own Data

Did you understand that UNLV trainees attending this first-year workshop knowledgeable both a boost in their social connections and their scholastic success?

Just as appealing as this finding are the researchers who found it: administrative professors in UNLV’s Academic Success Center (ASC), now in its 10th year.

Where similar centers on other campuses may focus more strictly on the student services aspect of their responsibilities– tutoring, additional instruction, and so on– UNLV’s ASC administrative professors emphasize the academic elements of their roles just as much. They perform research, encourage their graduate assistant researchers to do the very same, and then incorporate finest practices obtained from their findings into the center’s services.

In the case of improving the previously mentioned seminar trainees’ connections and success, peer mentors turned out to be the key, ASC scientists discovered.

“Research like this only assists inform our programs, so we cultivate an environment that motivates it,” said ASC Partner Dean Dan Gianoutsos. “We’re always evaluating our programs and making modifications, using research study as our foundation to make data-driven decisions. We see the research side and the administrative professional side going hand in hand.”

Similar to scholastic professors, ASC administrative faculty scientists routinely release in journals and present at conferences regionally and nationally. They hold Ph.D. s in education, English, anthropology, and more. And their research considers academic success within college from these different lenses, making their work as academics integral to their tasks as administrators.

“There are many Ph.D. s in the ASC, which helps develops synergy between academics and student support programs,” Gianoutsos said. “The research study of college is still fairly brand-new– especially compared to standard fields– and I think that’s something that we, as a center, can contribute to the larger nationwide body of understanding for trainee success research.”

To present their research to the higher UNLV neighborhood, the Academic Success Center is hosting its very first UNLV Research Study Week event , a poster session highlighting the work of ASC administrative professors in addition to ASC’s graduate assistants. Topics will consist of college research study relating to retention, progression, completion, and trainee success interventions such as tutoring, additional instruction, peer mentorship, and online modules. Gianoutsos will provide a study on first-year seminars he co-authored with freshly minted Ph.D. Megan Cogliano and previous UNLV education professor Matthew Bernacki.

Brandy Smith, special assistant to the dean of the ASC and another scientist who will present at the occasion, stated that one goal of this poster session was to give graduate assistants the experience of taking part in one. While poster sessions are a common part of the research experience, many graduate students do not have chances to provide their research at one till they’re even more along in their programs.

“We wanted to offer UNLV graduate students this experience earlier in their careers,” Smith said. “We utilize more than 30 graduate assistants at the ASC, and we also have an internal graduate student professional development program for our GAs. This session is created to improve that professional advancement.”

Smith said that about one-third of ASC graduate assistants’ research study focuses on scholastic success issues, while the rest covers subjects that the trainees are studying in their respective programs– subjects like marriage and family therapy, counseling, and stress that, Gianoutsos mentioned, likewise fit within the Venn diagram of trainee success.

“We motivate individuals on school and in the community to stop by because we exist a large range of research study that pertains to student success and, more specifically, how our students are achieving,” Gianoutsos said.

Cops: Woman stabs male to death while driving near Sahara and I-15

< img alt=" "title="" border= "0" src=" http://kvvu.images.worldnow.com/images/17108915_G.jpg?auto=webp&disable=upscale&width=800&lastEditedDate=20180702190847" width ="

180″/ > LAS VEGAS( FOX5)- A female stabbed a man while he was driving on Highland Drive near Sahara Avenue Friday night, inning accordance with Las Vegas Metropolitan Police.

The guy was pronounced dead at University Medical Center, cops stated. The woman was jailed in the domestic-related murder case.

Officers were first called to the scene at 7:16 p.m.

. The victim and suspect were not identified Friday night.

Copyright 2018 KVVU (KVVU Broadcasting Corporation). All rights scheduled.

Semi-truck chauffeur confesses to '' drowsy driving ' in deadly crash on US 93

NHP investigated a deadly crash on July 18, 2018. (Source: NHP)
 NHP examined a fatal crash on July 18, 2018. (Source: NHP) NHP investigated a deadly crash on July 18, 2018. (Source: NHP). LAS VEGAS( FOX5)-. Nevada Highway Patrol stated a semi-truck motorist confessed to” sleepy driving” Wednesday morning when he struck multiple cars resulting in the death of

2 people. The crash was reported just after 6 a.m. on U.S. 93 and mile marker 63, near Interstate 15.

According to Cannon Fodder Jason Buratczuk, of Nevada Highway Patrol, vehicle drivers were picked up a flagger in a construction zone when a semi-truck struck the automobiles.

The semi-truck struck a Toyota Corolla with two guys from Idaho, a 35-year-old and 50-year-old, inside first, Buratczuk said. They were ejected from the lorry and pronounced dead at the scene. The truck then hit a Nissan, another semi-truck and a Chevrolet Malibu.

Buratczuk said the chauffeur of the semi-truck who struck the cars admitted to ‘drowsy driving’ and might have dropped off to sleep at the wheel.

” Drowsy driving is just as bad as if you were inebriateded or texting and driving … It impairs your capability to drive a car,” Buratczuk stated. Including, drivers have to take care in building and construction zones.

3 others were taken to University Medical Center with non-life threatening injuries, consisting of the at-fault chauffeur of the semi-truck, Buratzcuk said.

Buratczuk said the motorist of the semi-truck could face charges nevertheless, he noted it will depend on fatal crash investigators and the district lawyer.

All travel lanes are closed and traffic is being diverted onto State Path 168, NHP stated. U.S. 93 is also closed at I-15. The closure was expected to last approximately three hours, Buratczuk informed FOX5 at around 9 a.m.

. An examination is ongoing.

Copyright 2018 KVVU ( KVVU Broadcasting Corporation). All rights scheduled.

Negligent driving case that killed 2 ends with $280 fine

Saturday, July 7, 2018|9:36 a.m.

ROCKVILLE, Md.– A Maryland man who fatally struck an FBI representative and a fire marshal on the side of a highway has been founded guilty of negligent driving and paid a $280 fine.

The Washington Post reports 28-year-old Roberto Garza Palacios served no prison time for his role in the December crash that killed Deputy Chief State Fire Marshal Sander Cohen and FBI Unique Agent Carlos Wolff.

Wolff and Cohen were standing on the side of the road on I-270 in Montgomery County when they were struck by a Honda Accord driven by Garza Palacios. Wolff had crashed after grabbing his cellphone, and Cohen had stopped to assist.

Garza, a local of Guatemala, still deals with possible deportation. Migration authorities arrested him after the mishap and charged him with overstaying a visa.

Institutional Capital, New Advancement Driving MOB Financial Investment

The St. Vincent Carmel Women’s Center in Indiana becomes part of a $2.7 billion portfolio obtained by Heitman from Duke Real estate last year.

Heitman’s recent purchase of 17 medical office complex amounting to 1.4 million square feet in seven states, one of the biggest MOB portfolio sales of current years, is just the latest example of increasing investor interest in an alternative asset class that some experts think ranks 2nd only to apartment or condos in its enduring attraction for large institutional investors.

The sale to Heitman last month of the Partners Health Trust (PHT) portfolio by Bentall Kennedy, a Sun Life Financial investment management business managing $37 billion of properties, is amongst a string of portfolio offers that improved MOB and outpatient care facility sales to over $10.7 billion in 2017, according to CoStar data. REITs, private-equity, pension funds as well as foreign buyers are selecting off deals from an ample pipeline of chances as owners are teased into selling by the possibility of superior prices, frequently at sub-5% capitalization rates.

Huge portfolio sales like the PHT portfolio and Duke Realty’s $2.7 billion disposition of its health care business to Healthcare Trust of America, Inc. (NYSE: HTA )suggest that more large multi-property chances are in the offing.”Healthcare property is emerging from the shadows of alternative sectors,” stated Jonathan Geanakos, president with JLL Capital Markets, which organized the sale of the PHT portfolio, including that interest in medical workplace is at an all-time high given the capital offered from core investors and continued interest from foreign financiers trying to find steady income from U.S. financial investment home at more-attractive yields than offered from core multifamily and workplace choices.

Large-scale MOB investment chances will continue as outpatient care broadens in the U.S., JLL officials compete. Health-care companies continue to attempt to reduce costs by moving more services into lower-cost outpatient settings. For the very first time in history, outpatient care makes up a bigger share of health-care income than in-hospital care, according to JLL, at a time when yearly healthcare spending is projected to grow by more than 5% annually, with the bulk anticipated to occur in ambulatory care facilities.

“Investors are circling this area and routinely calling for off-market opportunities to go into the marketplace or expand their portfolios,” said Marina Hammersmith, senior vice president of health care brokerage services for the Phoenix office of Ensemble Property Solutions. “The primary motorist toward this possession class is the understanding of insulation versus more comprehensive market conditions.”

“We need health delivery outlets and that requirement will only increase in the foreseeable future,” Hammersmith added. “Anticipate 2018 to be a robust year for this realty sector.”

Those trends might provide a perfect prescription for healthy MOB fundamentals. The national medical-office job rate fell to a record low of 7.3% in 2017, the 6th straight year of decline, even as tenants continued to seek out new, more-efficient area– and designers eager to offer it.

The MOB sector included over 16 million square feet of new space last year, despite rising labor and products costs that drove up mean per job expenses by around 20% for both medical offices and hospitals in 2017, inning accordance with Colliers International’s brand-new 2018 Health care Marketplace report.

With about 360 MOB projects under construction, conclusions are anticipated to increase 26.5% this year to 20.5 million square feet with a total construction worth estimated at $8.6 billion for 2018, up from $6.6 billion last year and 2016’s $8 billion.

Not surprisingly, the huge population states of California, Florida, New York, Pennsylvania and Texas dominate the MOB building pipeline with a combined overall of 63.8 million square feet in existing and scheduled projects, with those five states accounting for 37% of the total U.S. overall pipeline. Off-campus outpatient homes represent 72% of jobs opened in 2017 and 70% of those set to deliver in 2018, Colliers stated.

Outpatient health care real estate advancement jobs totaling more than 34 million square feet either began construction or were finished in 2017, a substantial total but still a 4.6% drop from the prior year, inning accordance with the 2nd yearly Outpatient Health care Real Estate Development Study from research study firm Revista and Minneapolis-based Health Care Real Estate Insights (HREI).

While outpatient building starts have drawn back from their highs in 2015, the speed of development appears to be getting and starts are anticipated to rebound in 2018, states Revista co-founder and Principal Mike Hargrave.

The top five outpatient designers by square video footage started or completed last year were MedCraft Health care Real Estate, Health Care Realty Trust, NexCore Group, HTA Advancement and Real Estate Trust Group, with Rendina Health Care Property and Ryan Business in the top 10, inning accordance with Revista.

Among the biggest health care REITs, Health care Trust of America, Inc. (NYSE: HTA), expects to focus more on advancement this year as it absorbs $2.7 billion in 2017 acquisitions, consisting of the enormous Duke Realty portfolio purchase. HTA has provided 3 MOBs considering that the third quarter of 2017 2 more properties worth a combined $38.8 million in investment are expected to come online in the 2nd quarter.

Analysts see MOB REITs largely staying on the sidelines this year, possibly opening the market to other investors.

“Given the spike in rates of interest and compressing cap rates leading to a constricting of spread to financial investment, we think the general public MOB REITs will be inclined to slow their acquisitions rate and use capital to de-lever incrementally,” Stifel & & Associates expert Chad Vancore stated. “We believe medical office buildings continue to have the most compelling principles amongst healthcare REIT asset classes as need for space is driven by growth in outpatient services and increased healthcare expenses.”

Porn exposition boss says entertainers, not companies, driving market in age of social media


Mikayla Whitmore Layla Sin Blond signs up with a fan at the Penthouse Magazine cubicle at the AVN/Adult Entertainment Exposition on Friday, Jan. 23, 2015, at the Acid rock Hotel.

“They’re now monetizing their material, since more tools are available for companies that are producing that material,” AVN CEO Tony Rios said. “They’re essentially utilizing it as an avenue for driving traffic to their websites.”

With practically 35,000 participants from 35 nations and over 800 industry stars set to participate, the annual AVN Adult Entertainment Exposition arrives this week at the Hard Rock Hotel for the seventh successive year.

The exposition ranges from Wednesday through Saturday’s awards show and admission ranges from $80 for a one-day pass to $1,500 for a four-day VIP ticket. Among 5 significant conventions in the city this week, AVN is a recipient of the Hard Rock’s extra 18,000 square feet of convention area built in 2016.

Rios talked to the Sun about porn’s changing platform, the industry’s newest trends and stars to prepare for at today’s show:

You spoke last year about the market’s shift towards tube sites, where content is handed out for free. Exactly what’s new with that sector of the industry?

Truly we’re just seeing a great deal of cooperation with performers and the tube sites.

So it’s the entertainers themselves through driving traffic by means of social networks and their own appeal?

Yes, precisely. You have a few of these girls and people with over 200,000 to 300,000, we have some performers with over 1 million followers. So they can make an effect.

Entertainers’ use of social networks has also actually formed the way traffic gets driven around. We saw that with Prop 60 (stopped working California ballot proposition that would have mandated prophylactic use) in 2016. The entertainers went to social media and they had the ability to affect legislation.

How has the industry discovered a method to monetize that?

It’s putting your marketing material up there. As well as branding with your watermarks and things like that. Particularly if you’re going to market on places like Instagram, you need to be very mindful about what you put there. But whatever there is done with some sort of ingrained ad within the video. Same with Snapchat. Snapchat has actually ended up being enormous and entertainers are utilizing it like crazy. And they’re even doing premium Snapchats now, and finding a method to charge for Snapchat.

You said last year the market is on a growth. Since then has it continued forward, plateaued or gone down?

It feels like it’s still growing. We constantly look at our pre-sales numbers entering the show to provide us a gauge, and we’re up 20 percent on pre-sales over in 2015. This is slated to be the biggest program in 10 years, so I’m pretty delighted and quite confident we’re going to have more than 35,000 individuals coming through the door in between Wednesday and Saturday.

What big names are among the 800 actresses and stars set up for this year’s show?

Angela White, Riley Reid, Romi Rein and Xander Corvus, I might go on permanently. We likewise have more than 1,000 separate webcam performers can be found in addition to the traditional pornography performers.

Have you observed any policy changes from the Trump Administration that has impacted the porn industry?

Surprisingly, no (laughs). We understand that Trump is a fan of our industry, there has actually been some recent news that even additional attests to that. But we understand not everybody in his cabinet is a fan, at least publically. So we’re continuing to hope for the best. I do not believe he will have time for porn in the future, he has other priorities. But no telling at what point pornography will become part of the program.

What other trends attendees might want to watch out for?

We have a strong representation of age-verification business since of the brand-new age constraint laws in the United Kingdom. Then we likewise have the bit-coin thing. So we have actually got crypto currencies coming, three crypto business that are intending to put their best foot forward to be the next adult industry requirement.

So these crypto currencies represent a method for individuals to spend for porn?

Yes due to the fact that of the way crypto works and how confidential it is, they’re finding it benefits the industry. The market has a long history of concerns with banking and getting great banking relationships. With crypto currency, it’s anonymous and you can get your currency through various exchanges and it’s not so direct. It operates in theory however we have not seen it accepted yet. It’s still very new.

What do you indicate by age-restriction in the UK?

UK passed regulations which generally say you can be prosecuted if you do not have a real method to verify the age of someone concerning your site. So that method they can make sure minors can’t get in. It’s developed an entire brand-new organisation segment of business who want to be utilized to verify.

Has that presented a setback for the industry?

Well it’s just the U.K., and it’s simply another obstacle. But there are a lot of companies that have actually all come forward. In addition to the ones we have exhibiting, there are other companies that are dealing with their own options also to put forth as well. So I believe it’s probably going to come and it’s here to stay.

What previous trends will not be so popular at this year’s program?

Virtual reality. We in fact don’t have a huge showing of virtual reality this year. In the last couple of years we’ve had a ton of VR exhibitors. But this year we truly do not have much.

U.S. updates self-driving vehicle standards as more struck the roadway

Tuesday, Sept. 12, 2017|4:03 p.m.

ANN ARBOR, Mich.– The Trump administration on Tuesday unveiled updated security guidelines for self-driving cars and trucks focused on clearing barriers for automakers and tech companies wishing to get test lorries on the road.

The new voluntary standards announced by U.S. Transportation Secretary Elaine Chao upgrade policies provided last fall by the Obama administration, which were also mainly voluntary.

Chao highlighted that the standards aren’t indicated to force automakers to use certain innovation or meet stringent requirements. Instead, they’re designed to clarify exactly what automobile designers and states should consider as more test cars and trucks reach public roads.

“We wish to ensure those who are involved understand how essential security is,” Chao said throughout a check out to a self-governing vehicle testing facility at the University of Michigan. “We likewise want to ensure that the development and the creativity of our country stay.”

Under Obama administration, automakers were asked to follow a 15-point security evaluation before putting test vehicles on the roadway. The new guidelines reduce that to a 12-point voluntary evaluation, asking car manufacturers to think about things like cybersecurity, crash security, how the lorry interacts with residents and the backup prepares if the vehicle experiences a problem. They not ask automakers to think of ethics or privacy concerns or share info beyond crash information, as the previous guidelines did.

The standards likewise make clear that the federal government– not states– identifies whether self-governing automobiles are safe. That is the exact same guidance the Obama administration offered.

States can still manage autonomous lorries, but they’re encouraged not to pass laws that would throw barriers in front of testing and use. There is nothing to prohibit California, for instance, from needing human backup chauffeurs on highly automated vehicles, but the National Highway Traffic Safety Administration would discourage that.

Automakers– who were growing significantly frustrated with the patchwork of state policies– applauded the standards.

“You are supplying a structured, flexible system to accommodate the advancement and implementation of brand-new technologies,” Mitch Bainwol, the head of the Alliance of Vehicle Manufacturers, told Chao at Tuesday’s event. The alliance represents 12 significant automakers, consisting of General Motors Co., Mercedes-Benz and Toyota Motor Corp.

. But critics stated the guidelines don’t ensure self-driving innovation is safe before heading out on the roadway.

“NHTSA needs to be empowered to secure consumers versus brand-new hazards that may emerge, and to guarantee automatic systems work as they’re expected to without putting consumers at danger,” stated David Friedman, a former acting NHTSA administrator who now directs cars and trucks and product policy analysts for Consumers Union, the policy division of Consumer Reports magazine.

Regulators and lawmakers have actually been struggling to keep up with the pace of self-driving technology. There are no totally self-driving vehicles for sale, however self-governing automobiles with backup motorists are being checked in numerous states, consisting of California, Nevada and Pennsylvania.

California, which is the only state that needs automakers to openly report crashes of self-governing test cars, said Tuesday it was reviewing the brand-new guidelines. California’s Department of Motor Vehicles stated it prepares to continue to update its own guidelines, a process that needs to be completed by the end of this year.

Chao stated the federal guidelines will be updated again next year.

“The technology in this field is accelerating at a much faster pace than I think many people anticipated,” she said.

Chao stated self-driving cars might assist the blind and handicapped and considerably minimize crashes. Early estimates indicate there were more than 40,000 traffic casualties in the United States in 2015, and an estimated 94 percent of crashes include human error.

Considering that the new guidelines are policy, not law, they don’t legally change what the state and federal government and automobile developers can do, stated Bryant Walker Smith, a law teacher at the University of South Carolina who tracks federal government policy on self-driving vehicles. Some nations, like South Korea, need pre-market federal government approval prior to self-governing automobiles can head out on the road, so the United States is on the more lenient side, Smith said.

Chao’s look came at a time of increased government focus on highly automated automobiles.

Earlier Tuesday, the National Transportation Security Board concluded that Tesla Inc.’s partially self-driving Autopilot system wasn’t to blame for the 2016 death of a motorist in Florida. However it stated automakers should incorporate safeguards that keep motorists’ attention engaged and limit the use of automated systems to the areas they were developed for, like highways.

Last week, the United States House voted to offer the federal government the authority to exempt car manufacturers from security standards that do not apply to self-governing technology. If a business can show it can make a safe lorry with no steering wheel, for example, the federal government might authorize that. The expense allows the deployment of up to 25,000 vehicles exempted from standards in its very first year and 100,000 annually after that.

The Senate is now thinking about a similar expense.

AP Automobile Author Tom Krisher in Detroit and AP Author Justin Pritchard in Los Angeles contributed to this report.

The Future of Autonomous Driving is Coming Down the Roadway Quick with Significant Ramifications for Real Estate

Mobile healthcare clinics and treatment pods, and even platooning pod hotels, automobiles could end up being transport experience pods.Auto Industry Shifting from Motown to Mountain View
While some of the future scenarios sound like science fiction, the driverless car is already here and many of the biggest innovation and mobility business are currently placing their bets, according to Intel.

Mercedes-Benz is currently offering test rides in its app-powered F 015 High-end in Motion research study lorry. Google has currently logged about 1.3 million miles on its driverless vehicles in Mountain View, CA, where it is headquartered. General Motors is now testing its self-driving Bolt in Arizona. Audi, recently got a permit from California to evaluate self-driving vehicles on public roads and BMW and Nissan have actually joined Mercedes-Benz in revealing plans to use cars and trucks with self-driving abilities by 2020.

Today, Apple CEO Tim Cook briefed Bloomberg on its huge push into self-driving technology, which it aptly named Project Titan. Cook validated that Apple had initially been looking for to build its own car, but has actually now considered that up as being excessively complex and rather is focusing on developing the underlying technology and software application utilized in future autonomous lorries.

” There is a major interruption looming there,” Cook stated.

The center of gravity in the car company may well have actually currently shifted from Motown to Mountain View, states auto industry analyst Justin Toner.

” Taken to the extreme, I believe that autonomous vehicles will eradicate automobile mishaps, eliminate traffic and substantially reduce the realty devoted to autos, releasing land for more efficient usage,” Toner says.

From a planning point of view, driverless cars are expected to increase the efficiency of streets by traveling closer together and in narrower lanes, needing considerably less road area than cars and trucks today. By some estimates, autonomous lorries could support the exact same amount of traffic volume as error-prone, human-driven automobiles on one-quarter of the roadway space.More Usage, Less Parking

Inning accordance with some quotes, cars are parked and not in use usually 95% of the time. The U.S. is estimated to have more than 800 million parking areas, almost four areas for each car.

If people move away from private automobile ownership to adopt the shared-use model, autonomous vehicles would likely be on the go more frequently, and require less parking spaces. And parking designated for self-governing cars might be located in a main location away from the core downtowns, enabling buildings to devote more space to accommodating individuals and less to accommodating vehicles.

Norman Foster, chairman and founder of the architecture company Foster & & Partners, told a crowd at a Wired Service Conference, last week that if he might design Apple’s just recently built head office in Cupertino all over once again, he would take into account “the altering patterns of transportation.”

Apple’s headquarters feature an enormous underground garage developed to hold 11,000 lorries. Today, that’s a feature, Foster said, however not too far in the future, it’s completely possible that cars and trucks (and garages) will be far less important.

” Possibly the standard garage needs to be re-thought and re-thought now,” Foster continued. “Perhaps if I had a 2nd time around I ‘d be putting a great deal of convincing pressure to say, ‘Make the floor-to-floor of a parking lot that much bigger, so if you’re not going to be filling it with cars and trucks in the future you could more quickly retrofit it for more habitable space.”

Major Disruptions Also Can Be Costly

While much of the attention garnered by the self-governing owning technology is focused on the capacity for good, including improved safety, higher performance and productivity gains, and any significant disturbance is likewise accompanied by costly and in some cases painful changes.

< a href=" https://www.curbed.com/2017/5/16/15644358/parking-real-estate-driverless-cars-urban-planning-development "target =" _ blank" > According to a current short article in Curbed, city and transport organizers are worried over the prospect of people abandoning public transport for the convenience of self-governing vehicles.

While it will take years for AV tech-driven cars and trucks to control the roads, organizers are concerned the convergence of autonomous vehicles, electrification and shared movement has the potential to produce an entire new age of automation-induced sprawl without proper preparation, policies and incentives for individuals to keep riding buses and trains.

” Streets are 25 to 35 percent of a city’s acreage … [the] most valuable asset in numerous ways,” Zabe Bent, a principal at transportation consulting company Nelson Nygaard and a speaker at the American Planning Association’s annual conference last month informed the online real estate website. “We need to truly think of how we handle those spaces for the public excellent and for minimizing congestion.”

Service Stations, Parking Facilities on Cutting Edge

Cleveland-based TravelCenters of America (Nasdaq: TA), the biggest full-service travel center business in the U.S., also raised the issue of disruptive technologies in the energy or transportation markets to its financiers.

” Different innovations are being developed in the energy and transport markets that, if extensively embraced, might materially damage our organisation,” the company reported. “For instance, electric truck engines do not require diesel fuel and hybrid electric-diesel/gasoline engines might need substantially less diesel/gasoline fuel per mile driven. Even more, driverless truck innovations might result in less private truck chauffeurs on the U.S. interstate highways and minimize the consumer traffic and sales at our areas.”

And while driverless automobiles will still have to park somewhere, owners and operators of parking facilities are absolutely on the cutting edge of this brand-new technology.

Las Vegas-based MVP REIT, a nontraded REIT that mainly buys parking facilities, just recently added a new risk disclosure to its yearly report, keeping in mind that altering way of lives and innovation innovations such as driverless automobiles may decrease the requirement for parking spaces, and might affect the value of its properties.Big Picture Poses Net Gain for Real Estate However, with the current development of Uber and other ride-sharing services, many owners and investors in industrial realty see the development of autonomous cars as a net gain for real estate. While zoning and transport requirements will have

to be attended to in order to understand the pledge positioned by AV and driverless vehicles, senior supervisors at numerous REITs are currently bracing for the effect of the new technology.” Driverless automobiles will eliminate the requirement for parking garages and de-urbanize our cities

once again,” Steven Grimes, CEO of Retail Properties of America (NYSE: RPAI) told financiers last month.” Disruption is unquestionably fixating. In some shape or kind, everybody are critical whether we are experiencing a normal course end of cycle disruption or the starts of a secular change in our area,” he included.” We think it’s both.”” The handwriting is on the wall,” said Chris Volk, CEO of Store Capital Corp.( NYSE: STOR).” After all, we’re writing 15- to 20-year leases in a world where most experts see the beginning of driverless vehicles within five years. “

The iPhone of automobiles? Apple gets in self-driving cars and truck race


Tony Gutierrez/ AP This Thursday, Sept. 19, 2013, file picture reveals the Apple logo above a store place entryway, in Dallas. Apple will begin evaluating self-driving automobile technology in California, its very first public relocation into a highly competitive field that could radically change transport.

Saturday, April 15, 2017|2 a.m.

SAN FRANCISCO– Apple is joining the increasingly competitive race to design self-driving vehicles, raising the possibility that a business that has already re-shaped culture with its iPhone may try to change transportation, too.

Ending years of speculation, Apple’s late entry into a congested field was made official Friday with the disclosure that the California Department of Motor Automobiles had awarded a permit for the company to begin evaluating its self-driving car technology on public roads in the state.

The license covers three vehicles– all 2015 Lexus RX 450h hybrid SUVs– and six private drivers. California law requires individuals to be in a self-driving automobile who can take control if something fails.

Apple verified its arrival in the market, however wouldn’t discuss its intentions.

The Cupertino, California, business instead pointed to a declaration that it released in December. That comment followed Apple informed federal regulators of its interest in self-driving automobiles in a letter from Steve Kenner, a former Ford Motor executive who is now the company’s director of item stability.

“Apple is investing greatly in artificial intelligence and autonomous systems,” the company stated then. “There are many potential applications for these innovations, consisting of the future of transportation.”

Like others, Apple believes self-driving cars could ease blockage and conserve millions of individuals who pass away every year in traffic accidents frequently triggered by drunk or distracted drivers.

Self-driving cars and trucks also are most likely to yield a cash cow, another reason that Apple is checking out a growth beyond its main business of making phones, tablets and personal computers.

Although the ongoing popularity of the iPhone has actually assisted Apple stay the world’s most valuable company, it hasn’t had the ability to invent another development item because the 2010 launching of its iPad, which is now in the throes of a three-year sales downturn. The drought has actually raised continuing questions whether Apple lost some of its trend-setting magic with the death of co-founder Steve Jobs in 2011.

Apple will be contending versus 29 other companies that already have California allows to check self-driving vehicles. The list consists of major car manufacturers, consisting of Ford, General Motors, BMW, Volkswagen and Tesla, in addition to among its biggest rivals in innovation, Google, whose screening of self-driving automobiles has actually been spun off into an affiliate called Waymo.

Given that Google started its deal with self-driving cars eight years back, Waymo’s fleet of self-driving automobiles has logged more than 2 million miles on the road.

That implies Apple has a long method to capture up in self-driving technology, but it’s likewise a business with a history of trailing in markets that it ultimately changes. It wasn’t the very first to introduce a digital music gamer, cellular phone, or tablet prior to its iPod, iPhone and iPad came out.

With $246 billion in cash, Apple likewise could easily manage to purchase technology that accelerates its advancement of self-driving automobiles. There has actually been repeating speculation that Apple may eventually obtain Tesla, which has a market value of about $50 billion. Neither Apple nor Tesla has actually offered any notion that they have an interest in joining forces, though.

Speculation about Apple’s interest in broadening into autos began swirling in 2015 amidst media reports that the business had started covertly dealing with developing its own electrical automobile under the name task “Titan.” Apple never verified the existence of Titan, which is now believed to be dead.