Latest news with #Related
Yahoo
4 days ago
- Health
- Yahoo
New Research: Childhood Vaccination Rates Drop Across 1,600 U.S. Counties
Childhood vaccination rates have markedly declined across the U.S. since the start of COVID, according to new Johns Hopkins University research showing 78% of more than 2,000 counties reported drops and the average immunization rate had fallen to 91% — further below the 95% threshold needed for herd immunity While existing Centers for Disease Control and Prevention data has historically shown broadly declining measles-mumps-rubella vaccination rates at the state and national levels, the county-level analysis published this week in JAMA is far more granular. Get stories like this delivered straight to your inbox. Sign up for The 74 Newsletter It provides a 'better understanding of these pockets where you have more exceptionally high risk,' said senior author Lauren Gardner, the director of Johns Hopkins University's Center for Systems Science and Engineering. 'Knowing where there are problem areas,' she added, 'gives policymakers and public health professionals locations to target their limited resources to try and improve vaccination coverage and therefore minimize the potential risk of measles outbreaks.' The country is currently experiencing a deadly measles outbreak that has infected over 1,000 people across 30 states and killed two unvaccinated children. Case numbers this year have already surpassed 2024's total and mark the second-highest number of confirmed cases in a year since the disease was declared eradicated in the U.S. in 2000. Some 96% of reported infections have involved a person who was unvaccinated or whose status was unknown and 13% have resulted in hospitalization. Related Gardner, who also led the data collection efforts behind Johns Hopkins' COVID-19 dashboard, and her team collected county-level, two-dose MMR vaccine rates for kindergarteners from each state's department of health website from 2017 to 2024, where available. Ultimately, they were able to analyze trends in 2,066 counties across 33 states and made all their data available to download. While state level average rates may decline by a few percentage points, the researchers found 130 counties where they dropped by at least 10 percentage points, and in 15 of those counties, they plummeted more than 20. Only four of the states studied — California, Connecticut, Maine and New York — reported an increase in the median county-level vaccination rate. They are currently the only four states that exclusively allow medical — and not philosophical or religious — exemptions to mandatory vaccines for school-aged children. Related Gardner said she pursued the county-level data after observing growing vaccine hesitancy and misinformation. Based on her years of work in the field, she said she was '100% expecting to see [these current outbreaks].' If vaccination rates continue to drop 'measles is likely to return to endemic levels in the US,' according to the Johns Hopkins' report — a concern other experts see as heightened by Robert F. Kennedy Jr. now heading the U.S. Department of Health & Human Services. A well-known vaccine skeptic, Kennedy initially downplayed the measles spread in late February and has been inconsistent in his support of the MMR vaccine. Related Under Kennedy's leadership, the Trump administration released the controversial 'Make America Healthy Again' report on May 22, which misinterpreted studies, cited ones that don't exist and is suspected of being generated in part by artificial intelligence. The report, which involved no pediatricians, questions the safety and importance of some childhood vaccines. 'Despite the growth of the childhood vaccine schedule,' the report reads, 'there has been limited scientific inquiry into the links between vaccines and chronic disease, the impacts of vaccine injury, and conflicts of interest in the development of the vaccine schedule.' Related Paul Offit, the director of the Vaccine Education Center at the Children's Hospital of Philadelphia and a professor of pediatrics at the University of Pennsylvania Perelman School of Medicine, pushed back on these assertions. The issue has been well studied, and there is no evidence of links between childhood vaccines and chronic diseases — including diabetes and autism — said Offit, who is also a voting member of the CDC's Advisory Committee on Immunization Practices. He referenced 24 studies across seven countries and three continents involving thousands of children that show they're at no greater risk of developing autism if they receive the MMR vaccine. Current skepticism is not isolated to the measles vaccine: The Food and Drug Administration, which falls under HHS, recently released updated guidance which no longer recommends the COVID vaccine for healthy children or pregnant women. In response, a top COVID vaccine adviser at the CDC resigned this week, according to reporting from The Washington Post. And across the country, numerous states have introduced legislation to loosen vaccine requirements for school-aged children, opening the door for more parents to opt their kids out. 'I think this is only going to get worse,' Offit said. 'I think vaccines are under attack. You have a secretary of Health and Human Services who will do everything he can during the years that he is in that position to make vaccines less available, less affordable and more feared. … So I think this is a dangerous time to be a child in the United States of America.'
Yahoo
20-05-2025
- Business
- Yahoo
'They're pushing the eject button': Related unloads monster rent-stabilized portfolio for $192M — another loss
If there are rent-stabilized deals you want off your books, who you gonna call? Peter Hungerford. The head of PH Realty Capital, and possibly the city's most prolific rent-regulated buyer of late, teamed with Rockledge CRE to close on another monster portfolio last week, Hungerford told The Real Deal. The deal, which comprises over 2,000 units spread across five neighborhoods in the Northern Bronx, is the latest sale by Related Fund Management, which has been grinding to cut its exposure to the troubled asset class. At $192.5 million, the purchase price represents a 24 percent discount to the $253 million Related paid in 2014, according to property records. The megalandlord was aiming to break when it started shopping the 34-building portfolio in 2023, GlobeSt. reported. Related's appetite for loss, particularly after spending $30 million on renovations, is just the latest indicator that owners and lenders are desperate to ditch their rent-regulated holdings after the 2019 rent law blocked any path to profit. The legislation effectively capped building revenues for nearly six years. Meanwhile, expenses have surged, arrears mounted and interest rates jumped, dragging more owners underwater. It's a nightmare many landlords just want to end — regardless of the loss. Until recently, Related Fund Management was quietly ditching rent-stabilized deals. As of January, the firm or its affiliates — Related Companies, for example — had shed about two dozen assets over the past few years, a Crain's analysis found. In April, it upped the ante, letting five go for $18 million, or 45 percent of what it paid in 2015. 'They're pushing the eject button,' Hungerford said. 'They don't want to deal with the asset class anymore.' A spokesperson for Related Fund Management did not comment. Hungerford, meanwhile, has been busy picking up those discards. Last year, his firm teamed with Rockledge, Alma Realty and an unnamed pension fund on a $180 million deal for 1,300 units. Sentinel Real Estate sold the portfolio for 40 percent of what it paid before the rent law passed. PH Realty has also been feasting on the sector's distressed debt. In another partnership with Rockledge, it paid PIMCO 45 cents on the dollar for a $61 million loan book backed by six rent-regulated buildings in the Bronx. And Hungerford is hungry for more. As values keep dropping and lenders scramble to offload bad loans, the principal said the rent-regulated market is increasingly swinging in buyers' favor. 'There are a lot more sellers with the same number or virtually no buyers,' Hungerford said. The lack of interest stems from the industry's thesis that rent-regulated assets will remain in decline: Unless Albany amends the law to let owners raise rents when a tenant vacates, for example, landlords won't be able to pull the revenue needed to keep buildings above water. Hugerford's proposition: at a low enough basis, the buildings have upside, particularly if they're in as good of shape as he describes the Related portfolio to be. 'I think we're pretty much the only folks making this bet right now,' he said. Related keeps offloading rent-stabilized properties at steep losses PH Realty takes Sentinel for all the rent-stabilized it's got Rent-stabilized portfolio in contract for $180M — a 40% discount This article originally appeared on The Real Deal. Click here to read the full story.
Yahoo
08-04-2025
- Business
- Yahoo
Related keeps offloading rent-stabilized properties at steep losses
Related Fund Management unloaded five rent-stabilized properties this week in a trade valued at just 45 percent of what they fetched in 2015. It's a deep cut — and a growing trend for this asset class. The Bronx buildings are 100 percent rent-stabilized, according to tax records, meaning there is no shot at raising revenue beyond the inflation-lagging adjustments set by the rent guidelines board each year. A recent comp sold for just 3 percent of the price it originally traded at. Both of these original deals were inked before the 2019 rent law was enacted, which put a de facto cap on rents and decimated values across the asset class. More noteworthy: The latest Related deal signals a growing trend for a firm that recently took on a multi-billion dollar portfolio of rent-regulated debt — and it gives some credence to the frustrations smaller rent-regulated landlords have been airing about the 2019 legislation. A Related Fund Management spokesperson did not immediately respond to a request for comment. The Related Companies and its affiliated entities have been quietly shedding rent-stabilized buildings in piecemeal deals, often at steep losses. A recent Crain's analysis found around two dozen such transactions in the past few years. In one recent example, Related Fund Management let four Prospect Heights properties go for $16 million, almost half off what it paid in 2016. Related Fund Management, which operates independently from the Related Companies, is not the most prolific owner of rent-stabilized properties in New York City. When The Real Deal last counted in 2019, behemoth Blackstone took the cake with 13,361 units; LeFrak, Cammemby's and A&E Real Estate Holdings were close contenders. Still, Related and its various ownership arms are among the largest rental landlords in the city, according to a 2020 count by TRD. For years, most of the cries that the 2019 legislation has made it impossible to run rent-regulated assets have come from mom-and-pop owners. That is, smaller operators often not taken seriously by tenant advocates and some electeds. Now, one of the biggest fish in New York multifamily is axing its exposure, too, a move that throws weight behind those claims, whether Related Fund Management means to or not. Zooming in on the Bronx deal, one bedrooms at the Bronx properties fetched between $1,350 and $1,850 in recent years, according to StreetEasy. That's a pittance compared to market-rate rents in the borough, which averaged $2,473 in February, according to the Bronx Times. In the same period that Related Fund Management has worked to whittle down its rent-regulated holdings, it also took on a massive share of the asset class's debt: a 5 percent stake in failed Signature Bank's $6 billion rent-regulated portfolio. The venture won the loans, split between two pools, for 56 and 60 cents on the dollar. The transaction included a $550 million pot of cash to aid workouts on distressed deals, meaning it didn't take on the risk without some buffer. As for the Bronx deals, Moshe Greenzweig's Cedarbridge Management was the buyer. Cedarbridge could not be reached for comment. This isn't the firm's first foray into rent-regulated housing. In 2022, an entity with the same address as Cedarbridge picked up three loans tied to Isaac Kassirer, one of the earliest flameouts on the heels of the rent law. A month before Signature's collapse, the landlord took out a loan with the bank for four rent-regulated properties it bought off Sugar Hill Capital, another rent-regulated landlord destroyed by the 2019 law. Rent-stabilized building sells for $285K — a 97% value cut Related offloads Prospect Heights rental portfolio for 50% off Related, Community Preservation Corp win stake in Signature rent-stabilized loans This article originally appeared on The Real Deal. Click here to read the full story.
Yahoo
01-04-2025
- Business
- Yahoo
Taiwan Semiconductor Manufacturing (TSM) Faces Leadership Challenge Despite $100 Billion U.S. Investment
We recently published a list of . In this article, we are going to take a look at where Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) stands against other AI news and ratings making waves on Wall Street. According to a Fortune Business Insights report, the global data center market, valued at $242.72 billion in 2024, is expected to grow to $585 billion by 2032, at a compound annual growth rate of 11.7%. North America led the market in 2024, holding a nearly 39% share. According to the report, generative AI is significantly impacting the sector, as its deep learning models require substantial computing power, scalable storage, and high-performance infrastructure. The market is also shifting towards hybrid and multi-cloud strategies, enabling organizations to integrate public, private, and on-premise solutions efficiently. Additionally, modular data centers are gaining traction due to their cost-effectiveness, scalability, and faster deployment compared to traditional facilities, the report stated. The expansion of AI infrastructure through large-scale data center investments reflects the growing need for computational power. Companies are securing energy sources and developing specialized facilities to address scalability, sustainability, and efficiency challenges. For example, Related Companies is advancing into AI-driven data center development through its new division, Related Digital, using its expertise in renewable energy to meet rising demand from major tech firms. In an interview at CNBC's 'Squawk on the Street,' CEO Jeff Blau highlighted the company's strategic move to assemble a specialized team to lead these projects. To support the growth, Related has secured sites with over five gigawatts of power across the U.S., investing $500 million of its own capital while planning to raise an additional $8 billion. With firms like Microsoft and Alphabet significantly increasing their capital expenditures, demand from hyperscalers remains strong. To mitigate risk, Related is securing long-term, 15-year commitments from tenants before beginning construction. Given the limited availability of power on the grid, Blau sees the company's early investment in securing capacity as a major competitive advantage in the fast-evolving AI infrastructure landscape. For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's Q4 database of over 1000 hedge funds. At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A close-up of a complex network of integrated circuits used in logic semiconductors. Number of Hedge Fund Holders: 186 Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) or TSMC manufactures and sells semiconductors, offering advanced wafer fabrication and packaging solutions globally. Former Intel CEO Pat Gelsinger believes TSMC's $100 billion investment in U.S. manufacturing will not significantly boost the country's semiconductor leadership, as the company's core R&D remains in Taiwan, the Financial Times reported on March 26. While acknowledging that U.S. tariffs under the Trump administration encouraged TSMC (NYSE:TSM) to expand in the U.S., he emphasized that true leadership requires next-generation transistor research within the country. Overall, TSM ranks 1st on our list of AI news and ratings making waves on Wall Street. While we acknowledge the potential of TSM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Dell Technologies (DELL) Set for AI Server Surge: Morgan Stanley Reaffirms Overweight Rating
We recently published a list of . In this article, we are going to take a look at where Dell Technologies Inc. (NYSE:DELL) stands against other AI news and ratings making waves on Wall Street. According to a Fortune Business Insights report, the global data center market, valued at $242.72 billion in 2024, is expected to grow to $585 billion by 2032, at a compound annual growth rate of 11.7%. North America led the market in 2024, holding a nearly 39% share. According to the report, generative AI is significantly impacting the sector, as its deep learning models require substantial computing power, scalable storage, and high-performance infrastructure. The market is also shifting towards hybrid and multi-cloud strategies, enabling organizations to integrate public, private, and on-premise solutions efficiently. Additionally, modular data centers are gaining traction due to their cost-effectiveness, scalability, and faster deployment compared to traditional facilities, the report stated. The expansion of AI infrastructure through large-scale data center investments reflects the growing need for computational power. Companies are securing energy sources and developing specialized facilities to address scalability, sustainability, and efficiency challenges. For example, Related Companies is advancing into AI-driven data center development through its new division, Related Digital, using its expertise in renewable energy to meet rising demand from major tech firms. In an interview at CNBC's 'Squawk on the Street,' CEO Jeff Blau highlighted the company's strategic move to assemble a specialized team to lead these projects. To support the growth, Related has secured sites with over five gigawatts of power across the U.S., investing $500 million of its own capital while planning to raise an additional $8 billion. With firms like Microsoft and Alphabet significantly increasing their capital expenditures, demand from hyperscalers remains strong. To mitigate risk, Related is securing long-term, 15-year commitments from tenants before beginning construction. Given the limited availability of power on the grid, Blau sees the company's early investment in securing capacity as a major competitive advantage in the fast-evolving AI infrastructure landscape. For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's Q4 database of over 1000 hedge funds. At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A team of IT experts discussing the latest network security trends over a laptop screen. Number of Hedge Fund Holders: 63 Dell Technologies Inc. (NYSE:DELL) provides integrated IT solutions, including servers, storage, networking, PCs, and related services for businesses, governments, and consumers worldwide. On March 27, Morgan Stanley reaffirmed its Overweight rating on Dell with a $128 price target, pointing toward a likely increase in AI server orders from a major Tier-2 cloud service provider. Analyst Erik Woodring referenced Howard Kao's revised forecast for Wistron's GB200 rack shipments, which rose from 2.5K to around 4K due to rising demand from major U.S. enterprise customers. With Wistron as Dell's primary GB200 ODM partner, the increase is seen as a positive indicator for Dell's AI server backlog and revenue in FY26. While the specific customer remains unclear, the firm expects shipment momentum to build in Q2 2025. Overall, DELL ranks 7th on our list of AI news and ratings making waves on Wall Street. While we acknowledge the potential of DELL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DELL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
