PRESS RELEASE: Cyprexx Services, LLC in partnership with Prempoint Inc. will be launching a new entry management system in Fall 2017. Lockwise™ is a new keyless entry management system that allows property access to be granted digitally. This device...
NYS Entity Status
NYS Filing Date
MARCH 13, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - JEFFERSON REALTY AND PROPERTY MANAGEMENT LLC
Around the Web
- Cyprexx, Prempoint Launch Innovative Entry Management System
By Business Wire - Thursday Sep 14, 2017
- Big Data tells mortgage traders an amazing amount about you
By Matt Scully - Friday Jun 30, 2017
The New York startup sucks in data from marketing firms, public loan filings, courthouses and dozens of other sources, and sells it to mortgage bond and loan traders.The vivid detail the company turns up — the types of stores borrowers tend to shop at and whether they rent out their homes on Airbnb, for example — may unsettle privacy advocates, but it’s a boon for investors trying to figure out how likely homeowners are to pay their obligations.Across the world of finance, startups are using big data to try to improve Wall Street’s success with everything from consumer lending to stock trading.The average fund manager can gain 0.4 to 0.7 percentage point of return by using more intelligent data when trading mortgages, at least for home loans that haven’t been bundled into securities, according to John Ardy, CEO of Resitrader, an institutional marketplace for home loans.“We’re concerned about how this information is shared, and how it can have adverse consequences for individuals without their even realizing it,” said Lee Tien, a senior staff attorney at the Electronic Frontier Foundation, a nonprofit focusing on civil liberties.[...] money managers using information they get from TheNumber could face accusations of discriminating against borrowers based on race or religion if it turns out the factors the company looks at tend to single out particular types of people, said Frank Pasquale, a professor at the University of Maryland’s Francis King Carey School of Law.Fund managers that use TheNumber are typically buying subprime mortgages, many of which have defaulted.TheNumber tries to determine how much pride a homeowner probably has in his or her property, based on information it gleans from third parties, such as whether the resident tends to click on online ads from home improvement and gardening stores.Experian, for example, tries to make sure investors can’t readily determine borrowers’ identities when it hands out mortgage data, said Michele Raneri, a vice president of analytics and new business development at Experian.Added information about borrowers could boost transparency in the mortgage bond market, where getting information about creditworthiness and prices can be much harder than in other debt markets.“Investors in every other market get to see what they are buying — but not mortgage bond investors,” said Adam Murphy, founder of Empirasign Strategies LLC, a trading data firm for mortgage bond professionals.
- Near The East River, Plans Emerge For NY’s Next Life Science Center
By Ben Fidler - Monday Aug 21, 2017
At a time when biotech incubators and shared spaces are beginning to multiply in Manhattan, work on what could rank among the city’s largest biotech centers—if it can all come together—is just getting underway. According to Paul Wexler, a longtime healthcare-focused real estate broker, construction should begin next year on what is being called the […]
- Motel 6 to pay to settle human trafficking suit
By MICHAEL BALSAMO, Associated Press - Thursday Aug 31, 2017
LOS ANGELES (AP) — Motel 6 has agreed to pay $250,000 to settle a lawsuit brought by Los Angeles that alleged one of the chain's locations was a base for human traffickers, drug dealers and gang members, prosecutors said.Los Angeles City Attorney Mike Feuer told The Associated Press on Wednesday that the money will be used to help deter human trafficking.The city in November sued the managers of a motel in the Sylmar neighborhood and G6 Hospitality Property LLC, which operates the Motel 6 chain, seeking to quell "unrelenting crime and nuisance activity."Los Angeles police had made more than 60 arrests at the location since 2013 for prostitution, battery, firearms possession and drug-related charges, authorities said.
- The Atlantic to be Sold to Jobs’ Social Investment LLC
By Ruth McCambridge - Monday Jul 31, 2017
Have you heard of the large and often anonymous LLC-based funder that just bought majority shares in The Atlantic?
- Shareholders Demand More Drastic Shifts at Nestlé
By STEPHANIE STROM - Tuesday Jun 27, 2017
The changes requested by the Third Point hedge fund underscore the idea that legacy food brands must radically shake up their portfolios to remain profitable.