IBM Fundamentals of Applying Maximo

IBM launches Watson application developer certification | killexams.com actual Questions and Pass4sure dumps

IBM Watson

IBM pointed out it's launching a Watson certification for developers.

The circulate comes as IBM is more and more relationship developers and broadening the ecosystem for Watson and cognitive computing.

Enter the IBM Watson application Developer Certification, so that it will examine right here by means of an exam:

Fundamentals of cognitive computing;

Cognitive computing employ instances;

Fundamentals of IBM's Watson Developer Cloud;

And establishing cognitive functions by means of IBM's Watson Developer Cloud.

The peruse at various changed into created via a panel of 20 cognitive computing experts in a variety of industries the space Watson performs -- healthcare, banking, commerce, and so on., according to a weblog submit.

should a developer pass the examination they'll exist notable an IBM licensed application Developer and amass a digital badge.

The examination is delivered by the employ of Pearson VUE and might exist taken at its check facilities. IBM will additionally present the exam at its conferences.

IBM Updates Maximo for IPhone, Android access | killexams.com actual Questions and Pass4sure dumps

With the aim of changing the venerable clipboard with a lots extra versatile handheld gadget, IBM has updated its Maximo asset administration application so that it can exist accessed by using iPhones and Androids.

the brand current IBM providing, called Maximo Everyplace, will enable users of the business's renovation management software to entry its fundamental functionality over a network by the employ of mobile handset internet browsers.

amenities managers, renovation people and different habitual users of Maximo spend lots of time not within the office, but more or less out where the operations really happen, comparable to plant flooring or carrier bays. in consequence, they requisite to print out provider requests and other documentation, and construct established assistance back to the workplace for up-to-date assistance and to overview current requests.

users can execute such Maximo projects as showing job plans, displaying the vicinity of property, displaying the upkeep background, tracking work orders and repair requests.

based on IBM, software would not deserve to exist space in on the valued clientele. The software may besides exist accessed wholly during the net browser. directors personalize the cell interface the usage of the Maximo application clothier, allowing them to select which points may besides exist accessed remotely.

IBM is limiting its availability to the iPhone and Android instruments, as a result of the veracity it's based on the Webkit browser engine. it could actually besides work on the web Explorer browser, nevertheless it will no longer work on the BlackBerry

One early user of the utility, which has been in confined free up since January, has been the tuition of Texas scientific department at Galveston, an educational scientific core located in Galveston, Texas. There, renovation personnel ought to preserve song over outfit across one hundred sixty separate constructions. "This carrier allows us to log and reply to requests throughout the campus," said David Reynolds, who's the middle's director of fastened assets and reliability techniques, in an announcement.

The IBM Maximo asset manager application permits corporations to retain music of the gadget they personal--reminiscent of cars, buildings or costly trying out equipment--as well as agenda service for these things. The company bought the software when it bought MRO application in 2006.

The software is being offered free on a visitation foundation.

Joab Jackson covers enterprise utility and generic know-how breaking intelligence for The IDG intelligence provider. follow Joab on Twitter at @Joab_Jackson. Joab's email handle is Joab_Jackson@idg.com

To touch upon this text and different PCWorld content material, dispute with their fb web page or their Twitter feed.

Fundamentals of hump Processing | killexams.com actual Questions and Pass4sure dumps

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Torquati, Massimo De Sensi, Daniele Mencagli, Gabriele Aldinucci, Marco and Danelutto, Marco 2018. power-aware pipelining with automated concurrency manage. Concurrency and Computation: apply and journey, p. e4652.

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Wang, Yidan Tari, Zahir HoseinyFarahabady, M. Reza and Zomaya, Albert Y. 2017. QoS-aware aid allocation for stream processing engines the employ of precedence channels. p. 1.

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Fundamentals of Applying Maximo Asset Management Solutions V3

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The 2017 CPE Distinguished Achievement Award Winners | killexams.com actual questions and Pass4sure dumps

Real estate fundamentals remained robust throughout terminal year. Unemployment dropped and demand for housing, office space, retail and industrial assets increased. According to RCA Analytics, 2016 marked the third strongest year for commercial actual estate on record. The Moody’s/RCA Commercial Property expense Indices measured a expense augment of 9 percent over the course of the year.

From planned projects to adaptive reuse, sales transactions to financing packages and leasing deals, the winners of the seventh annual Distinguished Achievement Awards delineate the best of the best in commercial actual estate deals during 2016. The following offers details on the winning entries chosen by the judges.

Winners of this year’s Gold and Silver awards were honored at an event Oct. 19 in current York City. stay tuned for details about the 2018 Distinguished Achievement Awards. 

Best Design: Unbuilt 412 W. 15 St., current York City

Gold: 412 W. 15 St., current York City

Owner: Rockhill Investment

Developer: Rockhill Management

Builder: Triton Construction

Interior Designer: Centra Ruddy Architecture

Broker and Marketing: CBRE

Project Type: Office

Property Size: 224,000 square feet

The Story: The objective for this project is to merge an existing structure on 14th Street in Manhattan’s Meatpacking District with current construction on 15th Street. In order to merge the current design with the industrial and historic context of the area, a custom glass façade and three-dimensional metal panels were imported from Italy to meld with the existing historic structure on 14th Street to create a upright campus. The rooftop will exist adapted as a landscaped terrace and outdoor conference facility, while multiple other terraces will exist incorporated for a change of scenery while working, conducting meetings or just taking in the city views.

The interior is customized for today’s resilient work environments, with adaptable floor plates that proffer many configuration possibilities for any tenant. The full-height glass exterior of the current tower combined with the terraces will create a light-filled space that takes the concept of indoor-outdoor animated to the workplace. The project besides incorporates another trend sweeping actual estate: environmental friendliness. Adaptive reuse is inherently environmentally friendly, as it conserves resources that would fill been used to create a current property, but the plans for 412 W. 15th St. choose it a step further, with blue roofs, which collect rainwater; landscaping on the roof, which serves as insulation; and an energy-efficient, low-e structurally glazed unitized glass-and-aluminum façade.

Judges Praised: The market savviness to choose what was initially bought to develop into a hotel, but considering the demand for resilient office space, changing the plans. The integration of extinct and current buildings is a creative solution, and the design complements the area’s industrial history while soundless looking modern and leaving options for tenants to change their workspace set up as work preferences evolve.

Submitted by: Centra Ruddy Architecture

Capitol Crossing, Washington, D.C.

Silver: Capitol Crossing, Washington, D.C.

Owner/Investor: heart space Holdings

Developer: Property Group Partners

Financier: W.R. Berkley Inc.

Architects: Kevin Roche, John Dinkeloo & Associates; Kohn Pedersen Fox Associates; Skidmore, Owings & Merrill; and Beyer Blinder Belle

Builder: Balfour Beatty Construction

Broker: Cushman & Wakefield

Property Type: Mixed-Use

The Story: Capitol Crossing is one of the largest developments in the D.C. area, as well as one of the most ambitious. Once complete, it will create three entirely current city blocks above an energetic highway. Capitol Crossing will consist of five current mixed-use buildings that will restore land lost to the I-395 highway. The project is expected to create thousands of jobs and $40 million per year in current tax revenue, and will bridge the gap separating the Capitol Hill and East finish neighborhoods.

While it is 100 percent privately funded, the evolution of Capitol Crossing is a public-private collaboration with the DC Council, the District Department of Transportation, the Washington DC Economic Partnership, the Downtown trade Improvement District, the nearby Advisory Neighborhood Commissions and other community leaders. Additional elements of the project include the relocation and refurbishment of two sanctimonious institutions, the Holy Rosary Church and the Adas Israel Synagogue, as well as refurbishing the existing Third Street Tunnel, conducting utility upgrades along Massachusetts Avenue, and current entry and exit portals to I-395.

Judges Praised:  The complexity of pile over a highway and the collaboration with mayors and public institutions though it was privately funded.

Submitted by: Property Group Partners

Best Design Hotel Phillips Kansas City, Kansas City, Mo.

Silver: Hotel Phillips Kansas City, Kansas City, Mo.

Owner/Investor/Developer: Arbor Lodging Partners

Financier: Pine River Capital Management

Builders: Blinderman Construction, Hotel Rehabs

Interior Designer: Kraig Kalashian Architecture & Design

Broker/Sales/Leasing: Jameson & Co.

Project Type: Hotel

Property Size: 174,800 square feet

The Story: Listed on the National Registry of Historic Places, the property has a well-known presence in the community, and renovating it involved a heedful preservation. The team’s goal was to respect and maintain the original 1930s expertise deco details while upgrading technology and amenities. Elements enjoy bronze and nickel metalwork, walnut paneling, light fixtures and black glass ceilings were everything preserved, while many of the current materials were custom-made to preserve the tone of the hotel’s legacy alive. Most of the changes served to recur Hotel Phillips to its original state. For example, a staircase in the foyer was removed in order to rebuild the travertine floor seen in photos of the property from the 1930s. Walnut paneling in the lobby was restored, while the lobby ceiling and the Crystal Ballroom were touched up to regain their former glory.

Two businesses were added to the hotel during its construction phase, which ended in December 2016. Kilo Charlie Coffee Bar and P.S. Speakeasy were built in portions of the hotel that were previously unused or used for storage space. The Speakeasy concept takes edge of the hotel’s historic past and offers a nightlife undergo for guests in an belt known mostly for its corporate and fiscal establishments. Arbor Lodging Partners knows that most attractions are located in the Country Club Plaza sector, but managed to transform the Phillips Hotel into a destination by restoring its historic feel and inserting modern elements.

Judges Praised: unquestionable design that preserved the 1930s character of the building, wrought-iron details in the lobby and on the cast-iron stairs, and employ of status and federal tax credits for an elegant downtown property.

Submitted by: Arbor Lodging Partners

Best Development NEXT Apartments, Chicago

Silver: NEXT Apartments, Chicago

Owner/Investor/Developer: Fifield Cos.

Financiers: The Private Bank, Ullico, Citizens Bank, Related, Bridge Investment Partners and Polaris

Architects and Interior Design: Pappageorge Haymes Partners, Soucie Horner Ltd., CORT Furniture, Brook Furniture and Modani Furniture

Builder: McHugh Construction

Broker: Greystar

Property Type: Multifamily

The Story: Valued at $155 million, construction of NEXT Apartments brought extravagance animated to an belt formerly known for the Cabrini Green housing projects. The site is located between the River North and Cabrini Green neighborhoods, and was underutilized when the company committed to buying the site in 2013. Now, the belt is an emerging tech corridor, Popular with Millennials and professionals looking for a community in the urban core. Amenities are a sizable allotment of the NEXT undergo and include an outdoor pool, spa and sun terrace with cabanas, a fire pit and a grilling area. The property besides offers a 24-hour fitness heart and yoga studio, a media latitude with an oversize TV and ring sound, a replete Starbucks coffee bar, a gaming arcade, a trade heart and conference room, and a bicycle storage and repair space. Home to Daisy “the house dog,” a friendly Newfoundland that spends her days in the lobby playing with guests and residents and even accompanying prospects on apartment tours, the community sponsors pet-friendly events.

The pile is located two blocks from CTA’s Brown/Purple Line and a short walk from the Chicago Red Line station, offering convenient transportation to the Loop as well as Midway and O’Hare International airports. With a walkability score of 95 out of 100, it is accessible to nearby retail stores, parks and a Divvy bike sharing station by foot. Aside from its transit-oriented green features, the pile has green terraces, a green roof, energy-efficient windows, low-flow plumbing fixtures, low-VOC paint, LED light fixtures, Energy Star appliances and NEST Thermostats.

Construction was completed three months early, with NEXT Apartments ready for opening in September 2016. Fifield besides donated $500,000 to Interfaith Housing evolution Corp. for construction of long-term affordable housing for the low-income population animated near the building.

Judges Praised: employ of the challenging EB-5 financing and the dog as allotment of a creative marketing strategy.

Submitted by: Fifield Cos.

The Scott at flick Park, Detroit

Silver: The Scott at flick Park, Detroit

Owner/Investor: Broder & Sachse actual Estate

Developers: Broder & Sachse actual Estate, Woodborn Partners

Financiers: Fifth/Third Bank, Detroit Neighborhoods Fund (Capital repercussion Partners and J.P. Morgan Chase & Co.), Detroit Investment Fund, Invest Detroit Fund (Chase), Michigan Economic evolution Corp.

Architect: Neumann/Smith Architecture

Builder: Sachse Construction

Broker: Broder & Sachse

Property Type: Multifamily

The Story: The Scott at flick Park is the first project of its kindhearted in Detroit in more than 15 years. As the only extravagance apartment property in the Midtown area, The Scott employs a lifestyle curator, who works on-site to attend to residents’ needs and establish relationships between the property and local businesses. The community incorporates unique expertise installations by local artists, some of which rotate quarterly. On the ground floor, 15,000 square feet of retail houses boutique shops, a dermatology office and a bakery.

Amenities at The Scott include a lobby expertise gallery, a private library/reading room, a conference room, a 24-hour health and fitness center, indoor and outdoor community spaces with grills and a fireplace, a pet grooming station, a bike storage and repair space, play areas, a dog park, an outdoor swimming pool and sundeck, a spa pool with snow-melting surrounds for year-round employ and a rooftop terrace.

Architect Neumann/Smith created a U-shaped pile design to optimize east, south and west sun exposures for low angles and passive solar heat gain in winter. To mitigate summer heat gain, balconies built over most of the great windows act as sun shades. The roof terrace on the second flat incorporates strategically placed plants for aesthetic outcome as well as privacy. This includes a partially vegetated panel of artificial turf that provides year-round greenery as well as an aluminum pergola for shade.

Judges Praised: Well-positioned asset in downtown Detroit that came in under budget, usage of green roof and concealed parking.

Submitted by: Broder & Sachse actual Estate

Best Repositioning/Redevelopment Plan Hahne, Newark, N.J.

Gold: Hahne, Newark, N.J.

Owners: L+M evolution Partners, Prudential Financial, The Goldman Sachs Group

Developer: L+M evolution Partners

Architects: Beyer Blinder Belle, Inglese Architecture + Engineering

Property Type: Mixed-Use

The Story: In 1901, architect Goldwin Starrett and prominent local businessman Julius Hahne constructed the first commercial property in Newark, N.J., designed specifically as a department store. The historic Hahne & Co. store was sold to May Department Stores Co. in 1987 and closed shortly thereafter, remaining vacant for nearly three decades before L+M evolution Partners and Prudential fiscal acquired it in 2013. Completed in 2016, the $175 million mixed-use evolution has 160 residential units; 75,000 square feet of retail; 100,000 square feet of commercial, community or office uses; and an underground parking garage for 220 vehicles. Of the apartments, 64 are set aside for low-income and working families earning between 40 and 60 percent of the belt median income. The apartments are located on the third and fourth floors of the existing Hahne pile and a current nine-story residential building. The two structures are connected through a shared lobby and a public atrium. The current residences proffer open floor plans, elevated ceilings, solid wood flooring throughout and a washer and dryer in every unit.

The most novel factor of the project is Express Newark, an arts space envisioned by the Rutgers-Newark faculty, staff and students, along with community expertise leaders. The 50,000-square-foot space features learning spaces, including a 3D printing studio, a photographic portrait studio, video production teaching facilities, smart classrooms and galleries. The space will besides serve as the current home for Rutgers’ Department of Arts, Culture and Media. The project is besides home to Newark’s first total Foods Market and a Barnes & Noble College store.

The complexity of the mixed-use evolution was only complicated by its historic status, which usually increases spending. By using the existing structure, costs associated with ground-up construction were avoided. The project used several tax credit programs from public, non-profit and private groups including significant commitments from the current Jersey Housing and Mortgage Finance Agency and the current Jersey Economic evolution Authority. L+M Development, Prudential and Goldman Sachs provided equity capital, while debt was provided by Citi Community Capital, Morgan Stanley and non-profits current Jersey Community Capital, the Low-Income Investment Fund and the Reinvestment Fund. 

Judges Praised: Taking an older pile that has been abandoned for 30 years and introducing total Foods to the city, helping the community by providing affordable housing and creating diversity. everything this while preserving the building’s history, which takes skill and effort. 

Submitted by: L + M evolution Partners

Wheaton Center, Wheaton, Ill.

Silver: Wheaton Center, Wheaton, Ill.

Ownership: Wheaton Apartments Owner LLC

Developer: Draper and Kramer Inc.

Interior Design: Eleni Interiors

Property Type: Multifamily

The Story: Wheaton heart is a highly visible property in this Chicago suburb, thanks to its two 20-story towers that fill been the tallest in Wheaton since 1972. In recent years, the property had been falling into disrepair despite its downtown location and proximity to the Wheaton Metra train station. Draper and Kramer seized the chance to acquire the walkable and transit-oriented property, even if it needed significant improvements. The company started renovations in 2014 and took two years to add the features and amenities that would draw in those looking for extravagance animated outside the city.

The nearly $40 million renovation, which was completed in 2016, featured three main components: modernizing the units, remodeling common areas and amenities, and addressing deferred maintenance. Renovations to meet current market standards included upgrading 157 units that had 1970s finishes. This included current cabinetry, granite countertops, stainless steel appliances, current flooring and current paint. In-unit washers and dryers were added to 342 apartments, and community amenities now include a fitness center, an outdoor pool and sundeck, tennis courts, a clubroom with an outdoor terrace, lobbies, leasing and management offices, and a dog park. The repositioning has already boosted the property’s performance through higher rents and increased occupancy.

Judges Praised: The developer’s competence to complete a significant lobby renovation while keeping 120 families in place.

Submitted by: Draper and Kramer

Best Property Management Program Phillips, Edison & Co.’s Solar Program, Fairfield, Calif.

Gold: Phillips, Edison & Co.’s Solar Program, Fairfield, Calif.

Property Management Company: Phillips Edison & Co.

Property Owner: Winery Station

Executive Managing the Property: Eric Richter, senior vice president of property management at Phillips Edison

Property Type: Retail

The Story: Phillips Edison & Co., an owner and manager of more than 340 grocery-anchored shopping centers, executed an agreement in 2016 with Blue Sky Utility that would augment energy efficiency at Winery Shopping heart in Fairfield, Calif., while besides saving on energy bills for tenants and ownership. As per the agreement, Blue Sky Utility replaced 70,000 square feet of the property’s roof with a roof membrane and solar panels; it will maintain the roof for 20 years. In return, Blue Sky can sell the power generated from the solar panels. With its current maintenance-free solar roof, Phillips Edison and its tenants can purchase power from Blue Sky at a discounted rate.

While current roofs can cost as much as $500,000 and their maintenance can exist one of the biggest property expenses, Phillips Edison saves time and money on repairs and installation through its agreement with Blue Sky. The partnership led Phillips Edison to scheme implementation of the solar program across everything of its California properties during the next two to three years.

Submitted by: Phillips Edison & Co.

Grand Plaza, Chicago

Silver: grandiose Plaza, Chicago

Property Management Company: Draper and Kramer Inc.

Property Owner: grandiose Plaza Owner LLC

Executives Managing the Property: Property Manager William Van Senus and Regional Property Manager Sandi Kowalczyk

Property Type: Multifamily

The Story: Residents at Chicago’s 481-unit grandiose Plaza are mostly transplants to Chicago, and Draper and Kramer responded to this by creating a community and back system to benefit them amass to know their current home. Some of the initiatives include partnering with restaurants for pop-up food and drink events at the property, creating electronic communication platforms between residents and management, distributing monthly e-newsletters highlighting notable places in the neighborhood, and offering pet events.

Since the property implemented these sociable initiatives, 68 percent of residents chose to post a review in 2016, compared to 53 percent in 2015. And the property’s score on ApartmentRatings.com measured 89 percent in 2016, up from 85 percent in 2015.

Judges Praised: The competence to manage two towers, one condo and one residential, and fill them partake amenities. The residential component had engineering issues that were resolved.

Submitted by: Draper and Kramer Inc.

Best Lease 222 E. 41 St., current York City

Gold: 222 E. 41 St., current York City

Landlord: Columbia Property Trust

Tenant: NYU Langone Medical Center

Landlord’s Broker: CBRE

Tenant’s Broker: Cushman & Wakefield

Property Type: Office

Lease Size: 389,533 square feet

The Story: Columbia Property dependence acquired 222 E. 41st St. in Midtown Manhattan in 2007, when it was fully leased to Jones Day. The company had been a tenant since Tishman Speyer developed the pile in 2001 and carried the lease through 2016, sense that CBRE had to market the asset as if it were brand new. Interested in its medical potential, access to transportation and location—in the immediate grandiose Central Station area—NYU Langone emerged as a potential tenant. To amass the pile ready for medical use, Columbia relocated the two intended operating floors in order to meet ceiling-height requirements. Also, the pile has a 180-year ground lease with the Stahl Estate, which proved to exist an obstacle, as more modifications were needed to suit Langone. Columbia then had to conduct negotiations while besides working on approvals required by Langone’s finance committee and board of directors.

In late 2015, Langone submitted an initial term sheet to lease the entire building, and NYU, as Langone’s parent organization, was secured as the entity on the lease. In April 2016, NYU Langone executed a 30-year term lease for the entire building, including the parking garage.

Judges Praised: The natural expansion of NYU, which uses space on nearby 39th Street, within walking distance of the hospital.

Submitted by: Columbia Property Trust

151 N. Franklin St., Chicago

Silver: 151 N. Franklin St., Chicago

Landlord: The John Buck Co. and Affiliates

Tenants: CNA, Hinshaw & Culbertson

Landlord’s Broker: Newmark Knight Frank

Tenants’ Brokers: Savills Studley, JLL and CBRE

Project Type: Office

Lease Size: 275,000 square feet (CNA) and 101,000 square feet (Hinshaw & Culbertson)

The Story: The tangled multi-transaction deal that led to CNA signing a 275,000-square-foot, 17-year anchor tenant lease at The John Buck Co.’s current office pile is valued at $683 million. The transaction comprised deals including Hinshaw & Culberton’s 101,000-square-foot lease, CNA’s lease at 151 N. Franklin St. (the fourth-largest office lease in Chicago between July 1, 2015, and June 30, 2016), CNA’s requirement that JBC acquires its existing 1.1 million-square-foot headquarters and CNA’s 28-month leaseback for 759,000 square feet—required since it did not fill a lease in place.

This mega-deal was orchestrated by collaboration among several broker teams: Bill Rolander and Jon Cordell of Newmark Knight Frank, Greg Gerber and Scott Merz of JLL, and Eric Feinberg of Savills Studley. With three concurrent negotiated documents and the deal blending leasing, investment sales and development, the brokerage team had to work with five different law firms, two lenders, two borrowers and several different architects. The firm’s persistent work resulted in a 98-day closing.

Judges Praised: The challenge of leasing as much as 40 percent of a current pile and negotiating with multiple people within a 90-day closing time on a tangled sale-leaseback deal.

Submitted by: Newmark Knight Frank

Best Financing $815 Million San Francisco Portfolio

Gold: $815 Million San Francisco Portfolio

Landlord: Veritas Investments

Type of Financing: Refinancing Loan

Transaction Size: $815 million

Financier: Goldman Sachs

Adviser: Eastdil Secured

Lead Law Firm: Lubin Olson & Niewiadomski

Project Type: Multifamily/Mixed-Use/Retail

Properties: Roughly 70

The Story: When it closed in January 2016, this was the largest transaction of its kindhearted on record in the city of San Francisco. CEO Yat-Pang Au employs a small-property aggregation strategy that made Veritas one of the city’s largest landlords. Veritas’ approach is to acquire 20- to 100-unit older, classic properties that are too minute for great investors; apply its management, repositioning, renovation and leasing services; and then package a portfolio for sale, targeting institutional investors.

The record-breaking transaction had its challenges. With the official deal closing in January 2016, Veritas faced a major credibility decline in the fiscal markets. The company’s investment bankers at Goldman Sachs worked against Wall Street headwinds that Bloomberg called the “worst since 2009.” In the following months, Goldman Sachs doubled down on its networking and marketing efforts to ensure a successful securitization.

Judges Praised: The aggregation strategy as a creative way to construct a recur on investment by selling portfolios to institutional investors, which fill had so few institutional holdings in San Francisco in prior years.

Submitted by: Veritas Investments

Best Sale 101 Seaport, Boston

Gold: 101 Seaport, Boston

Buyer: Union Investment actual Estate

Seller: Skanska

Price: $452 million

Representative: Newmark Knight open for Skanska

Property Type: Office

The Story: At $1,029 per square foot, this deal represents one of the highest price-per-square-foot values achieved for a Boston office tower. Newmark Knight open served as leasing agent for both the buyer and seller. The 17-story office tower has a two-level below-grade parking garage completed in 2015 and can accommodate one person per every 100 usable square feet. 101 Seaport is the first LEED Platinum v3 office pile in Boston, thanks to its floor-to-ceiling windows, efficient European-model chilled-beam cooling system, rainwater recapture system and integration of locally sourced materials.

On-site amenities include a fifth-floor rooftop terrace with Boston Harbor views, a fitness heart with locker rooms and showers, 20,000 square feet of ground-floor retail, a parking garage, a car wash, bicycle storage, an electric vehicle charging station and front-door access to five expansive public green spaces.

Judges Praised: Prime Seaport location, creative design and potential for long-term sustainability.

Submitted by: Newmark Knight Frank

The Breakers Resort, Denver

Silver: The Breakers Resort, Denver

Buyers: Pensam Residential, BH Equities, Wafra Capital Partners Inc.

Sellers: Koelbel and Co., The Bascom Group

Price: $350 million

Representative: ARA Newmark for the Sellers

Property Type: Multifamily

The Story: By the numbers, this sale was one of the largest multifamily transactions in the history of Colorado as well as the largest U.S. multifamily transaction outside Manhattan in 2016. The property consists of six villages and 1,523 units on 190 acres, making it the largest physical asset in the state. The community has its own privately owned 60-acre lake with a 26,000-square-foot Catamaran Club, recreation center, restaurant and bar. Capital improvements were implemented for $4 million, including the common areas, pool, lake and clubhouses.

The deal’s impetus was actually during the 1970s, when original developer Koelbel and Co. began acquiring land to construct condominiums. Then the oil and gas crash of the 1980s disrupted the market, and thousands of condos were foreclosed upon. After the crash, Koelbel changed its strategy, and once it create a ally in the Feld Co., plans were drawn up for The Breakers. Though current to the market, the size of the asset provided the buyer with the competence to gain economies of scale right away.

Judges Praised: The ample expense point and low cap rate for a massive complex.

Submitted by: ARA Newmark

IBM Brings AI and Advanced Analytics to the Industrial World | killexams.com actual questions and Pass4sure dumps

No result found, try current keyword!IBM Maximo Asset Performance Management (APM) solutions collect data from physical assets in near real-time and provide insights on current operating conditions, foretell potential issues, identify ...

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