Market Newsdesk

$62 Million Student Housing Portfolio Sale in Los Angeles Brokered by Institutional Property Advisors

LOS ANGELES–(BUSINESS WIRE)–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of Axiom Westwood, a four-building, 153-unit student housing portfolio adjacent to the University of California, Los Angeles (UCLA) in the city’s Westwood neighborhood. The transaction is the largest property by unit count to sell in Westwood since 2020. The portfolio sold for $62.6 million.

“Built between 1962 and 1967, the previous ownership invested significant capital from 2015 onward to transform Axiom Westwood into a turnkey asset,” said Kevin Green, IPA executive managing director investments. “The buyer has the opportunity to focus on high return-on-investment strategic enhancements and operational improvements that can capture unrealized income.”

Green, Joseph Grabiec, and Gregory Harris of IPA represented the seller, Raintree Partners, and procured the buyer, a private multifamily investor. “Westwood continues to be one of the most supply-constrained markets in Los Angeles,” said Grabiec. “Despite UCLA’s plans to increase overall enrollment over 6% by 2030, there are only 545 new beds scheduled to be delivered in the next three years.”

Located at 415 Gayley Ave., 411 Kelton Ave., 555 Kelton Ave., and 555 Levering Ave., the buildings are within walking distance of popular Westwood Village destinations such as Target, Whole Foods, and In-N-Out. The 415 Gayley and 411 Kelton buildings are adjacent to the UCLA campus, and 555 Levering, and 555 Kelton are two blocks away. The Southern Regional Library, Pauley Pavilion, and Marshall Field are within a short walk. There are 20,000 jobs within a one-mile radius and access to Interstate 405, Interstate 10, and U.S. Highway 101 puts 3.4 million jobs within a 30-minute drive.

Axiom Westwood has controlled access, laundry facilities, and elevators. There are two swimming pools, three gas barbecue grills, and gated and covered parking. Interiors have dual-pane windows, full-size kitchens, and air conditioning. Select units have vaulted ceilings, fireplaces, and patios or balconies.

About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com

About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year end. For additional information, please visit www.MarcusMillichap.com.

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KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Professional Services Other Construction & Property Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property

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Kiosks on casino floors empower guests to support nonprofit organizations

Future Long Range Assault Aircraft Officially Named MV-75 Cheyenne II

NASHVILLE, Tenn.–(BUSINESS WIRE)–
Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced today that the U.S. Army officially designated the MV-75 as the Cheyenne II. Consistent with the U.S. Army tradition of honoring Native American tribes, the MV-75 honors the heritage of the Cheyenne Tribes, two federally recognized nations: the Northern Cheyenne Tribe in Montana and the Cheyenne & Arapaho Tribes in Oklahoma.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260415150960/en/

In 2025, the Army revealed the Mission Design Series (MDS) MV-75. The “MV” signals that it is a multi-mission vertical takeoff aircraft and the “75” commemorates the U.S. Army’s founding year, 1775. While the MDS honors the Army’s origin, the common name, Cheyenne II, honors the Cheyenne Tribes and their enduring legacy.

“In naming the MV-75 Cheyenne II, we honor the enduring contributions of the Cheyenne people to our Nation – both their distinguished service in uniform and their legacy as steadfast protectors of their way of life,” said COL Jeffrey Poquette, Project Manager, FLRAA. “The name also reflects a connection to the bold vision of the AH-56 Cheyenne, while ‘II’ signifies a new era of innovation and capability. It is a name that pays tribute to an indomitable warrior spirit and signals a decisive step forward for Army aviation.”

Throughout their history, the Cheyenne demonstrated remarkable adaptability, resilience, and determination in the face of shifting environments and external pressures. As the Cheyenne relocated multiple times due to threats from rival nations and westward expansion, they developed new skills, reorganized their communities, and remained agile in rapidly changing conditions.

The MV-75 Cheyenne II reflects these same qualities. With its speed, range, lethality, and multi-mission adaptability, the Cheyenne II provides commanders with rapid options to mass combat power while reducing exposure in contested environments. Its Modular Open Systems Approach (MOSA) ensures the platform can evolve with the demands of the modern battlefield.

The Cheyenne developed a strong warrior ethos defined by courage, discipline, and an unwavering commitment to protecting their people. Their warriors were celebrated for strength, endurance, and steadfastness in harsh conditions. The MV-75 Cheyenne II brings increased lethality to the Army, enabling commanders to have more options against adversaries to overwhelm them in battle. Its endurance enables the Army to operate at vast distances outside of the densest threat rings. A capability unavailable to them with current rotorcraft.

With its new name, the MV-75 represents two distinct groups of warriors – the U.S. Army and the Cheyenne tribes. Both share a heritage of skill, confidence, and commitment to the mission. The MV-75 Cheyenne II embodies these values as it becomes the centerpiece of the Army’s long-range air assault mission.

“Bell is proud that the MV-75 carries the name of the Cheyenne Tribes as we revolutionize Army Aviation. The Cheyenne heritage represents everything that the MV-75 will bring to the future fight,” said Ryan Ehinger, senior vice president & program director, FLRAA, Bell. “This is a significant milestone that comes right as we are accelerating assembly and production to deliver the MV-75 capability to warfighters faster.”

Bell and the Army remain on schedule as the team advances toward the delivery of the first test aircraft. Assigning an official name demonstrates the shared commitment to fieldling this critical next generation capability.

The MV-75 Cheyenne II is a transformational capability for the U.S. Army. With today’s naming announcement, Bell and the Army are one step closer to introducing the next generation of Army Aviation to the battlefield.

This material is based upon work supported by the Army Contracting Command – Redstone Arsenal under Contract No. W58RGZ-23-C-0001. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the Army Contracting Command – Redstone Arsenal.

ABOUT BELL

Thinking above and beyond is what we do. For more than 90 years, we’ve been reimagining the experience of flight – and where it can take us. We’re an aerospace and defense company that engineers and manufactures aircraft for critical solutions in extreme scenarios. We’re breaking barriers in lifting people to safety across transportation, medical, rescue and military services, and leading the industry in future solutions that are fast, reliable and efficient. Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours. Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

ABOUT TEXTRON

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, and Textron Systems. For more information, visit: www.textron.com.

Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, the risk that the U.S. Army does not choose Bell for its Flight School Next program and risks related to U.S. Government contracts as described in our filings with the Securities and Exchange Commission

© 2026 Bell Textron Inc.

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Demonstrates Dime’s Commitment to the Orthodox Jewish Community

Cadence and NVIDIA Expand Partnership to Reinvent Engineering for the Age of AI and Accelerated Computing

Expanded collaboration combines agentic AI, physics-based simulation, and digital twins to accelerate engineering and unlock new levels of productivity across semiconductors, physical AI systems and AI factories

SAN JOSE, Calif.–(BUSINESS WIRE)–
At CadenceLIVE Silicon Valley 2026, Cadence (Nasdaq: CDNS) announced an expanded partnership with NVIDIA to deliver accelerated solutions across agentic AI, physics-based simulation and digital twins to unlock new levels of productivity and accelerate next‑generation engineering design flows across semiconductor design, physical AI systems and hyperscale AI factories.

By combining Cadence’s leadership in agentic AI-driven design, electronic design automation (EDA) and system design and analysis (SDA) with NVIDIA CUDA-X, AI physics and Omniverse libraries for industrial digital twin solutions, the two companies are redefining engineering productivity across three critical design domains—accelerating innovation at true agent speed.

“Agentic AI and digital twins are reshaping the entire engineering landscape—from semiconductor design to planetary‑scale AI systems,” said Anirudh Devgan, president and chief executive officer, Cadence. “Our expanded collaboration with NVIDIA accelerates the convergence of design and physical realization, connecting the Cadence AgentStack, Physical AI Stack, and AI factory digital twins with NVIDIA’s breakthroughs in accelerated computing to deliver unprecedented speed, accuracy and trust in simulation and system development.

“We are at an inflection point in computing—CUDA-accelerated computing and AI are reinventing the engineering process,” said Jensen Huang, founder and CEO of NVIDIA. “For the first time, we can innovate in the digital world—exploring, testing, and optimizing ideas at unprecedented speed and scale—by building everything as full-fidelity digital twins first. Together, NVIDIA and Cadence are bringing this vision to life—transforming how engineers design, build and operate the world.”

Accelerating Cadence Tools for EDA and SDA

Cadence and NVIDIA are accelerating Cadence EDA and SDA solutions with NVIDIA CUDA-X, AI-physics, Omniverse libraries and the Cadence^® Millennium^™ M2000 Supercomputer, powered by NVIDIA AI infrastructure. As part of this expanded collaboration, Cadence will accelerate its wide range of principled solvers and leverage AI physics models to deliver engineering workflows up to 100X speedup.

Cadence EDA and SDA customers and partners, including Ascendence, Argonne National Laboratory, Honda R&D, Samsung and SK Hynix are already leveraging Cadence solutions accelerated by NVIDIA to bring accelerated products to market faster.

AgentStack: Agentic AI for Next-Generation Chip Design

Cadence recently introduced its ChipStack^™ AI Super Agent, which applies agentic AI combined with principled EDA tools to transform semiconductor RTL design and verification. Early deployments at more than 10 leading customers have already demonstrated up to a 10X productivity boost in their design and verification tasks.

Building on this foundation, Cadence today unveiled AgentStack^™, a head agent designed to orchestrate all aspects of semiconductor and system design. AgentStack extends the ChipStack AI Super Agent’s Mental Model and super-agent architecture beyond RTL and verification into physical design, custom/analog design and migration, to system-level design workflows. AgentStack connects Cadence agents with Cadence EDA platforms that leverage NVIDIA Nemotron and run on NVIDIA accelerated computing for orchestrating long‑running, multi‑agent workflows.

As an early partner, NVIDIA is adopting the AgentStack flow in its semiconductor and system design flows and providing real-world feedback that will help Cadence harden and scale AgentStack for broader industry deployment. This evolution will mark a significant shift from traditional script‑ and GUI‑driven flows to agent‑driven flows that are capable of reasoning over design hierarchies, relationships and protocols, dramatically compressing iteration cycles from days to hours.

Embedded Agentic AI for Physical AI

Beyond semiconductor design, Cadence and NVIDIA are extending their collaboration to embedded agentic AI for physical AI, combining the Cadence Physical AI Stack with NVIDIA robotics simulation libraries and accelerated computing to help close the critical “sim‑to‑real” gap for robots and autonomous machines. By integrating and accelerating Cadence’s high‑fidelity multiphysics simulation and AI workflows with NVIDIA Isaac open-source simulation libraries and Cosmos open-world models, customers gain an end‑to‑end, agent‑orchestrated workflow that links world‑model training, accurate physics, large‑scale scenario testing and continuous real‑world feedback.

At a high level, the joint stack coordinates AI agents across the full lifecycle—from training orchestration, physics surrogate training and policy optimization, to validation and deployment feedback. This workflow spans virtual training in NVIDIA Isaac Sim and Isaac Lab, evaluation through detailed Cadence physics models and mission‑scale scenario simulation in VTD (Virtual Test Drive) and VTDx—its extended high‑fidelity simulation environment for complex, real‑world scenarios.

The results are then deployed on NVIDIA Jetson robotics and edge AI systems, where a live virtual twin enables continuous monitoring and refinement. By embedding accurate physics throughout training, validation and inference, the Cadence–NVIDIA flow is designed to greatly accelerate experimentation while improving safety and confidence when physical AI systems are deployed in the real world.

AI Factory Digital Twins to Achieve Lowest Cost per Token

The collaboration also extends to AI factories, where Cadence integrates the NVIDIA Omniverse DSX Blueprint to enable next-generation AI factory digital twins that will help customers design, simulate and optimize large‑scale Vera Rubin and Grace Blackwell AI factories for training and inference. These AI factory digital twins focus on a critical new metric for hyperscale AI: tokens per watt, or the number of model tokens processed per each unit of power consumed.

Using Cadence system analysis and data center simulation tools in combination with NVIDIA DSX libraries and the Omniverse DSX blueprint, customers can explore tradeoffs in GPU power settings, system configurations and cooling architectures before deploying physical systems. In a joint 10-megawatt (MW) AI factory use case, modeling GPU operation at a reduced power (MaxQ) demonstrated up to 17% more tokens per watt and billions of dollars of incremental annual revenue per gigawatt for large‑scale deployments, increasing net annual revenue and underscoring the value of simulation‑driven design for AI factories.

Digital twins of NVIDIA DSX-based AI factories have also demonstrated that combining MaxQ operation with warmer coolant could yield roughly 32% more tokens per watt. By capturing the interactions between IT load, cooling systems, airflow and control logic in a high‑fidelity digital twin, operators can safely push their AI factories toward maximum tokens per watt while respecting power and thermal constraints.

CadenceLIVE Showcase

Cadence will highlight Cadence accelerated solutions, AgentStack, the Physical AI Stack and the AI factory digital twin solutions, along with the expanded collaboration with NVIDIA, at CadenceLIVE 2026, where customers will see how the two companies are helping engineering teams move from early concepts and training to deployment more quickly and confidently.

About Cadence

Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accelerate innovation in the engineering design of silicon to systems. Our design solutions, based on Cadence’s Intelligent System Design^™ strategy, are essential for the world’s leading semiconductor and systems companies to build their next-generation products from chips to full electromechanical systems that serve a wide range of markets, including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics. In 2024, Cadence was recognized by the Wall Street Journal as one of the world’s top 100 best-managed companies. Cadence solutions offer limitless opportunities—learn more at www.cadence.com.

© 2026 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo, and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

CATEGORY: FEATURED

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Cadence and Google Collaborate to Scale AI-Driven Chip Design with ChipStack AI Super Agent on Google Cloud

Integration of Google’s Gemini models with Cadence ChipStack AI Super Agent accelerates next-generation, agent-driven design automation

SAN JOSE, Calif.–(BUSINESS WIRE)–
Cadence, an industry leader in AI-driven computational software for semiconductor and system design, today announced a strategic collaboration with Google to optimize the Cadence® ChipStack™ AI Super Agent with Gemini on Google Cloud. This collaboration positions Cadence at the forefront of the shift toward agentic design automation, creating an agent-driven, scalable, cloud-native platform for next-generation chip design and verification.

The Cadence ChipStack AI Super Agent integrates advanced agentic reasoning with Cadence’s EDA solutions, delivering up to 10X productivity improvements across digital design and testbench development, verification planning, regression management and automated debug. By combining AI agents with native EDA execution, the platform enables design teams to compress development cycles, improve efficiency and accelerate time to tapeout.

“Our collaboration with Google Cloud represents a major step forward in scaling AI-driven design automation,” said Paul Cunningham, senior vice president and general manager at Cadence. “By integrating the Cadence ChipStack AI Super Agent with Gemini, we’re advancing the next generation of agentic design—combining the reasoning power of large language models with Cadence’s world-class EDA engines to deliver breakthrough productivity and quality of results for our customers.”

At the core of the ChipStack AI Super Agent is its innovative Mental Model technology, which enables sophisticated agentic reasoning through Cadence native skills, driving Cadence EDA tools to improve the quality and correctness of large language model (LLM)-generated content. Through its collaboration with Google Cloud, Cadence is tightening the integration between the Gemini-enabled ChipStack AI Super Agent and Cadence EDA engines, driving significant improvements in both productivity and quality of results.

This collaboration also leverages Google Cloud’s secure, elastic compute infrastructure to deliver the compute needed for Gemini’s LLM reasoning, Cadence EDA tools and the ChipStack AI Super Agent. This enables a “click-to-deploy” end-to-end solution for agent-powered chip design and verification.

The ChipStack AI Super Agent is available now on the Google Cloud Marketplace.

About Cadence

Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accelerate innovation in the engineering design of silicon to systems. Our design solutions, based on Cadence’s Intelligent System Design™ strategy, are essential for the world’s leading semiconductor and systems companies to build their next-generation products from chips to full electromechanical systems that serve a wide range of markets, including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics. In 2024, Cadence was recognized by the Wall Street Journal as one of the world’s top 100 best-managed companies. Cadence solutions offer limitless opportunities—learn more at www.cadence.com.

© 2026 Cadence Design Systems, Inc. All rights reserved worldwide. Cadence, the Cadence logo, and the other Cadence marks found at www.cadence.com/go/trademarks are trademarks or registered trademarks of Cadence Design Systems, Inc. All other trademarks are the property of their respective owners.

CATEGORY: FEATURED

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