Cincinnati Bengals Center Ted Karras Launches ‘The Cincy Hat’ Website Sales Tonight at 7 p.m. EST

Proceeds to Benefit Indianapolis-Based Village of Merici

Cincinnati Bengals Center Ted Karras Launches ‘The Cincy Hat’ Website Sales Tonight at 7 p.m. EST
Cincinnati Bengals Center Ted Karras

Ted Karras models one of his Cincy Hats, which goes on sale tonight at 7 p.m. EST.

INDIANAPOLIS – November 22, 2022 – (Newswire.com)

An act of friendship toward new teammates has turned into a full-fledged philanthropic endeavor for Cincinnati Bengals player Ted Karras. Fans and local media have quickly taken notice of Karras and other players wearing new “Cincy” hats in the locker room. Starting tonight at 7 p.m. EST, the hats are being made available to the public for the first time. 

The Cincy Hat” will be sold online, with the proceeds going to the Village of Merici in Indianapolis. The organization provides direct support services, learning opportunities, and independent living through partnerships with various developers. The Village of Merici currently supports more than 75 people throughout Indianapolis with a goal of self-reliance. 

“The hats were originally a fun gift for my new teammates through a family friend’s golf supply business,” Karras says. “I figured everyone loves to get a piece of gear, and the response from my teammates, Bengal fans, and media members was extraordinary. The demand for the hats grew rapidly thanks to my teammates wearing them in interviews, and we decided to sell them, but it had to benefit Village of Merici.”

Karras’ involvement with Village of Merici is thanks to childhood friend Matt Renie. Karras and Renie were high school classmates at Cathedral High School in Indianapolis.

“Ted grew up as a family friend observing his friend’s brother who has intellectual and developmental disabilities,” says Colleen Renie, Executive Director of Village of Merici. “Ted also has a family member with autism. He saw the potential in individuals with intellectual and developmental disabilities and their desire to live independently as they grew up.”

There are currently three hats available, with a fourth in the works. The hats retail for $35 each, and customers can choose from black, orange or white. The fourth hat will be white with a black logo.

The funds will go to supporting the Village of Merici programs that teach and support individuals in independent living skills to enable them to be successful.

“I am so grateful that a fun gift and project has found a special purpose,” Karras says. “It’s a great hat with an awesome design that I hope can become the unofficial hat of the Bengals. The Village of Merici is a very special place that does so much good. Any way I can ever help their cause is a special opportunity for me.”

To purchase a hat, visit thecincyhat.com. The website also offers a link for donations for Village of Merici. For more information regarding Village of Merici, visit villageofmerici.org or call Karyl Davis, Director of Development, at 317-601-0513. 

Contact Information:

Karyl Davis

Director of Development

[email protected]

317-601-0513

Tom Britt

Founder

[email protected]

317-810-0011

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Cincinnati Bengals Center Ted Karras Launches ‘The Cincy Hat’ Website Sales Tonight at 7 p.m. EST

Vive Funds Targets Atlanta’s Hot Real Estate Investment Market

A diverse economy and vibrant demographics make Atlanta a prime spot for real estate investors to yield strong returns.

DALLAS – November 22, 2022 – (Newswire.com)

Dallas-based Vive Funds, the leader in multifamily real estate investing, is well-established in the Atlanta market and remains bullish on the booming metro area due to the area’s low unemployment, diverse economy, and unique demographics.

“We look for several factors when targeting a market — job market growth, low unemployment rates, a healthy renter’s demographic, and young workers,” said Veena Jetti, founder of Vive Funds. “Atlanta outperforms many other nearby regions in this criteria, and all of these trends are on a positive, upward trajectory that we’re extremely excited about.”

The Atlanta Regional Commission predicts that 2.9 million people will move to the Atlanta area by 2050. That will increase the population by almost 60% and indicates strong potential yields to investors in the multifamily space, Jetti said. 

While the entire United States has steadily recovered post-pandemic, Atlanta’s diverse economy has quickly propelled it as one of the hottest growth markets among large metros. All jobs lost during the pandemic have been recovered, and Atlanta’s unemployment rate of 2.6% outperformed both the state’s rate (2.9%) and the national rate (3.6%). More than 50% of the job gains were in utilities, transportation, business, and professional trade services, a demographic likely to be interested in renting. 

Along with Atlanta’s booming job market, the diverse population is likely to rent with a healthy renting increase of 11.9% year over year, making it a multifamily hotspot. The large reservoir of blue-collar workers tend to rent multifamily units instead of purchasing a single-family home, and Vive Funds predicts healthy multifamily growth for several years. While the construction of new multifamily units is increasing, average rent prices also increased by 14.7%, showing the delicate supply shortage. Now, construction of new multifamily units has slowed down, which will only increase the demand and potentially push up rents in the future.

Not only is Atlanta’s demographic uniquely positioned to rent in the short term and long term, but its residents are diverse across both job seekers and retirees. The metro area offers options from swanky neighborhoods and exciting downtown areas to moderately priced multifamily and housing developments, making it an excellent home for any age group. Also, Georgia’s low state tax rate of 5.75% is highly attractive to workers and small businesses. Vive Fund’s innovative, proprietary processes target extremely high-growth areas with rigorous criteria, and Atlanta outperforms in all of them.

“Jobs and workers are a healthy mix that any state, regional, or city aspires for,” Jetti concluded. “Our previous investments in Atlanta have broken performance records for our investors, and we’re excited to watch this market continue flourishing.”

For more information on Vive Funds and the Atlanta market, please visit https://vivefunds.com/

About Vive Funds
Vive Funds was launched to fulfill our mission of carefully curating high-quality real estate investments. Our innovative strategy and our detailed process drive our core value of investor-centric projects. Vive has developed a rich network of global business partners to make early and transformational investments in assets that have the potential to do great things.

Contact Information:

Mike Albanese

[email protected]

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Newswire.com

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Vive Funds Targets Atlanta’s Hot Real Estate Investment Market