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7 things to know today, plus how parking in Orlando just got easier

Katarzyna Bialasiewicz | iStock ParkMe launched a smart parking solution for Orlando yesterday that helps drivers find, navigate and pay for available parking spaces all from the palm of their hand. Cindy Barth[1] Editor- Orlando Business Journal Email[2] | Twitter[3] Looks like finding a parking spot in downtown Orlando just got a little easier, thanks to ParkMe.The real-time parking data provider launched a smart parking solution for Orlando yesterday that helps drivers find, navigate and pay for available parking spaces all from the palm of their hand.Here's how it works: The smart meters use sensors embedded in the pavement to record data about when and for how long a car is parked. ParkMe then integrates this data into its free mobile app, which alerts users to available parking spaces. The app then guides users to their chosen area and lets them pay by phone. “Our smart parking meters are the latest amenity in downtown Orlando and part of our continued efforts to provide our residents and visitors with the latest in technology and transportation options to keep Orlando moving,” said Orlando Mayor Buddy Dyer[4].Even better: The new meters should help reduce traffic congestion by lowering the maount of time drivers spend searching for a parking spot.The new meters with availability and mobile payment capabilities can be accessed throughout downtown and in the areas surrounding Orlando Health. Drivers can access them by downloading the ParkMe mobile app available for iOS, Android and Windows Phone or by visiting http://www.parkme.com/link/orlando[5].And be sure to check out these headlines for today, too:SunRail lands federal money for Phase 2 south expansion to OsceolaSunRail's Phase 2 south alignment expansion looks like a go after the federal government approved $93 million in funding for the project. The $186 million piece of the Central Florida commuter rail will add…
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Do Ohioans maintain good credit, report reveals truth

Victor Correia Ohio ranks just above the national average for making payments on time. Staff Dayton Business Journal Like getting your loans repaid? Ohio residents are a mixed bag in that regard. The state ranks just above the national average for making payments on time.That’s according to the Federal Reserve Bank of New York, which just published a national survey of “community credit” -- an idea of measuring the economic health of regions by surveying the credit status of households.A map in the report shows, by state, the percentage of households with loans whose payment history is current for each of the past four quarters. The national average is 79.2 percent, and Ohio sits at 79.7 percent.Stronger credit scores can lead to increased home and vehicle sales in a state, as those folks can more easily secure a loan.North Dakota leads all states with a 87.2 percent payment history. On the flip side, Mississippi is last at 70.3 percent.Click here for more information[1]. References^ Click here for more information (www.newyorkfed.org)...
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Real estate flipper gets 11 years, ordered to pay $7 million

Margie Manning[1] Print Editor- Tampa Bay Business Journal Email[2] | Facebook[3] | Twitter[4] | Google+[5] A Florida man described as a “mastermind of real estate flipping” was sentenced to more than 11 years in federal prison and ordered to pay more than $7 million.A federal judge in Tampa sentenced Stephen Mayer[6] about three months after he was found guilty on nine counts of wire fraud and conspiracy.Evidence presented during a nine-day trial showed Mayer bought distressed properties, then resold them at a higher price to “credit partners,” who never intended to live in the properties or to make mortgage payments. The credit partners then deeded the properties back to Mayer or one of his several shell companies, and he flipped them again to other credit partners, skimming the equity. He failed to make mortgage payments and the properties ultimately went into foreclosure. Agents identified more than 20 homes used by Mayer in the conspiracy between 2003 and 2007. Most of the properties were in Hillsborough County, according to the original complaint against Mayer, filed in April 2014.Mayer used the proceeds from the real estate scheme to fund a lavish personal lifestyle, according to a press release from the U.S. Attorney for the Middle District of Florida. Lenders lost more than $3.1 million, prosecutors said.Mayer was order to repay the affected lenders, and to forfeit more than $4 million, the proceeds of the scheme. Margie Manning is Print Editor of the Tampa Bay Business Journal. She also covers the Money beat. References^ Margie Manning (feeds.bizjournals.com)^ Email (feeds.bizjournals.com)^ Facebook (www.facebook.com)^ Twitter (twitter.com)^ Google+ (plus.google.com)^ Stephen Mayer (feeds.bizjournals.com)...
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New York City and Citigroup Helping Female Entrepreneurs

In general, help for entrepreneurs is rarely free. The help provided by NYC and Citigroup, however, is exactly that: free services for 5,000 female entrepreneurs living in NYC. The program is called Women Entrepreneurs NYC, (WE NYC) and it is going to support businesses over the next three years. Deputy Mayor Alicia Glen says that the program aims to help women who are underserved, but have great business ideas without the means or knowledge to take their business ideas and implement them. Services for WE NYC will be supported by the New York City Department of Small Business Services and Goldman Sachs’ 10,000 Small Businesses Program. Microlender Grameen America will also be helping out. WE NYC will teach women in the program basic business skills and provide mentoring to them. Workshops and classes on negotiation and specific trades will also be provided. Their two main goals are: Increasing income stability for women and families by supporting entrepreneurship as an opportunity for supplementary income and as a pathway for long-term economic security; Strengthening the economic impact of women entrepreneurs by facilitating the growth of their companies to increase investment and create jobs in NYC. Programs supporting entrepreneurs are increasing in numbers, but by targeting underserved women, this one is unique. Glen is hopeful: “If it works, I really think this could be a model for other cities and even for the nation.” Women entrepreneurs have been on the rise in NYC, however male-owned companies are still ahead. The male-owned companies generated five times the revenue (on average) as their female counterparts. These results are part of a study from Citi Community Development. The study included a survey to allow the researchers to learn more about the experiences and challenges facing women who own businesses. The data will be used to shape the…
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Studies: Energy M A to pick up in 2015 after record '14

Vance Scott of Chicago-based consulting firm A.T. Kearney sees more energy mergers and acquisitions in 2015. Jordan Blum[1] Reporter- Houston Business Journal Email[2] | Twitter[3] Energy mergers and acquisitions are expected to increase this year even after reaching 10-year highs in 2014, according to new reports released Jan. 28.PricewaterhouseCoopers[4] LLP said M&A activity in the oil and gas industry hit[5] 10-year highs in both deal value and volume in 2014. PwC contended that the increase was driven by so-called megadeals of $1 billion or more. There were 49 megadeals worth $266 billion in 2014, compared to 24 such deals worth $71 billion in 2013.But Chicago-based consulting firm A.T. Kearney[6] Inc. is projecting 2015 will exceed 2014 in deals and really get moving once low oil prices begin to settle. U.S. oil prices are currently hovering near $45 a barrel. Got Energy? Sign up for our Energy Inc. newsletter here[7]"We're expecting an uptick in M&A driven by cost pressure," said Vance Scott[8], a partner and leader of A.T. Kearney's Americas energy practice. "With the decline in price, there's clearly going to be an uptick and a real (M&A) focus, and a lot of these conversations have already happened."Scott expects most of the M&A activity to occur within oilfield services companies and independent exploration and production companies. That should begin to occur more once oil prices start to settle, which could happen as early as March or the second quarter of the year, he said."When prices settle and valuation expectations between buyers and sellers converge, companies that already have short lists of what they want to buy will start moving to capture these key assets," the A.T. Kearney report states.There was a surge of megadeals in oil and gas in the late 1990s when oil prices dipped to $20 and then even…
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Exclusive: Google won Moffett Field, but a Bay Area real estate firm was in the running

Vicki Thompson Hangar One at the NASA Ames Research Center will be re-skinned by Google within two years. Nathan Donato-Weinstein[1] Real Estate Reporter- Silicon Valley Business Journal Email[2] | Twitter[3] In the hunt to lease Moffett Federal Airfield, Google Inc.[4] faced competition from one other entity hoping to land the deal: An East Bay developer that was targeting the iconic base's enormous hangars as a unique commercial real estate play for science and technology tenants.Orton[5] Development Inc., an Emeryville-based firm with a long history of historic renovations, was the only other potential lessee whose response to NASA's 2013 request for proposals to lease the airfield was "deemed responsive," according to documents obtained through a Freedom of Information Act request. Google, through its Planetary Ventures LLC affiliate, won the lease last year[6], agreeing to pay hundreds of millions to improve the property and $1.16 billion in rent over 60 years[7].Federal officials had not previously disclosed who else was in the running to lease Moffett Field[8], which includes the historically significant but dilapidated Hangar One, two active runways plus a golf course. The presence of just one other serious contender could suggest the complexity of the opportunity, which will require massively expensive environmental cleanup. A third proposal from the Moffett Federal Airfield Alliance (also known as the Silicon Valley[9] Space Center) was deemed "non responsive" and was returned to the applicant, NASA said.The Business Journal requested all of the responses to the request for proposals that NASA and the General Services Administration received for the opportunity. On Jan. 20, NASA provided Google's and Orton[10]'s, both with redactions of information deemed confidential.Orton[11]'s name should perhaps not be surprising. The firm in 2010 announced it wanted to rehabilitate Hangar One[12]— which was slated to have its toxic siding removed but not replaced by the…
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