Latest news with #Oden

Sydney Morning Herald
2 days ago
- Business
- Sydney Morning Herald
The next venue from this two-hatted Japanese restaurant will be totally different
Eight years after opening two-hatted Ishizuka, one of Melbourne's first kaiseki restaurants, restaurateur Melanie Zhang is launching another original dining concept. Oden, opening on Bourke Street later this year, is named after the Japanese dish it will serve, a hearty one-pot meal of fish cakes, daikon, eggs and more, simmered in broth. 'Melbourne is perfect for oden because it's cold,' says Zhang. 'A warm, slow-cooked soup is very suitable.' Just as Ishizuka kicked off a kaiseki craze, Zhang is hoping oden will seep into the Melbourne dining-scape. 'I enjoy introducing a cuisine and increasing people's understanding about food,' she says. In comparison to kaiseki's multi-course seasonal progression, oden is a humble meal, often served in homes or dispensed from convenience stores. Oden will offer an elegant restaurant version to 38 diners at a time, with 21 seats around a kitchen counter and design details in beaten copper. The restaurant is in an ex-real estate office on Bourke Street in the city, upstairs from Ishizuka's subterranean city den.

The Age
2 days ago
- Business
- The Age
The next venue from this two-hatted Japanese restaurant will be totally different
Eight years after opening two-hatted Ishizuka, one of Melbourne's first kaiseki restaurants, restaurateur Melanie Zhang is launching another original dining concept. Oden, opening on Bourke Street later this year, is named after the Japanese dish it will serve, a hearty one-pot meal of fish cakes, daikon, eggs and more, simmered in broth. 'Melbourne is perfect for oden because it's cold,' says Zhang. 'A warm, slow-cooked soup is very suitable.' Just as Ishizuka kicked off a kaiseki craze, Zhang is hoping oden will seep into the Melbourne dining-scape. 'I enjoy introducing a cuisine and increasing people's understanding about food,' she says. In comparison to kaiseki's multi-course seasonal progression, oden is a humble meal, often served in homes or dispensed from convenience stores. Oden will offer an elegant restaurant version to 38 diners at a time, with 21 seats around a kitchen counter and design details in beaten copper. The restaurant is in an ex-real estate office on Bourke Street in the city, upstairs from Ishizuka's subterranean city den.
Yahoo
22-05-2025
- Business
- Yahoo
Camden posts near record-low resident turnover rate
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. By the time Camden reported earnings earlier this month, the pattern was clear: Apartment REITs enjoyed better-than-expected first quarters. But they weren't ready to raise guidance for the year ahead. Camden didn't veer from the storyline in its Q1 report, with core funds from operations at $189.8 million or $1.72 per share, $0.04 ahead of the midpoint of its guidance. 'Clearly, the environment has everyone's head spinning in America, maybe the world today,' Camden CEO Ric Campo said on the call. 'And I would say that definitely … uncertainty is kind of the watchword today. And if we had more certainty about what the summer was going to look like and what the end of the year was going to look like, we might have been more constructive on our guidance change.' Instead, the Houston-based firm joined its other REIT peers in taking a wait-and-see approach, though it likes where it is today. 'We have seen really no cracks in the ice, if you want to call it that, for the business,' Campo said. 'Things are going along very well for our business. But on the other hand, when you have these wild gyrations in the market and uncertainty about jobs long-term, you have to be a little cautious.' While supply has been an issue in many of Camden's markets, new deliveries are fading. Starts are at a 13-year low, down 80% in Austin, Texas, and between 65% and 80% in Houston; Denver; Washington, D.C.; Atlanta; Nashville, Tennessee; and Charlotte and Raleigh in North Carolina, according to Campo. As starts fall, Campo says rental affordability is also a tailwind in his markets, with wage growth outpacing rent growth by over 300 basis points for the past 28 months. 'The premium to own versus rent continues to be at historically high levels, making apartment homes more affordable,' Campo said. 'Camden's Sun Belt markets continue to dominate job growth, population growth and growth in young adult households between 20 and 39 years old.' Like other REITs, Camden posted high retention rates, with renewal rates up 3.3%. Camden Executive Vice Chairman of the Board Keith Oden wondered if economic uncertainty had residents deciding to renew their leases and reconsider moving 'somewhere down the road' when the picture is clearer. In addition, move-outs for home purchases were only 10.4%, which is low for the company. 'Turnover rates across our portfolio remained very low, and our first quarter 2025 annualized net turnover rate of 31% was one of the lowest in our company's history,' Oden said. However, Camden's new leases fell 3.1%, giving the REIT a blend of negative 0.1%. 'This was in line with our expectations for the quarter and reflected a 100 basis point improvement from the negative 1.1% blended rate we reported in the fourth quarter of 2024,' Oden said. In Q1, Camden saw its best revenue growth in Washington, D.C.; Houston; San Diego; Los Angeles/Orange County in California and Tampa, Florida. These metros generated same-property revenue growth ranging from 1.3% to 4.5% compared to the REIT's overall portfolio of 0.8% 'Because they're responding to the better balance between supply and demand, I think they'll continue to lead the portfolio throughout 2025, and that's why those markets were all rated at the top of the pack in our annual scorecard that we provided in the first quarter,' Campo said. Category Q1 YOY Change Property revenue $376.3 million 0.8% Net operating income $133 million 0.5% Operating expenses $243.4 million 0.9% Core funds from operations $1.72 1.2% Occupancy rate 95.4% 40bps SOURCE: Camden While federal layoffs potentially loom as an issue in Washington, D.C., Camden isn't seeing an impact. 'We are seeing absolutely zero anecdotal information about DOGE and the negative effect that I think some people think it's going to have on the D.C. market,' Campo said. 'As a matter of fact, D.C. continues to be really good — high occupancy, very good new lease rate growth and renewal growth. The highest blended lease rates that we have in our system are in D.C.' On the other end of the spectrum, Nashville and Austin will continue to face challenges throughout 2025 due to high supply. 'The level of deliveries in both of those markets came down slightly this year, but not a meaningful difference between 2024 and 2025 deliveries,' Oden said. 'The good news is they trail off pretty significantly toward the back half of 2025. I think there's a good chance for improvement in those two markets.' Click here to sign up to receive multifamily and apartment news like this article in your inbox every weekday. Recommended Reading EQR hits all-time low for turnover Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


SoraNews24
28-04-2025
- Business
- SoraNews24
How to have a 1,000-yen senbero at 7-Eleven Japan
Can you still get tipsy on a budget using just convenience store goods? If you've lived in Japan for any number of years, you may have heard of the word 'senbero'. This term, which combines the word for '1,000' ('sen') with the word for 'drunk' (bero'), is used to refer to a cheap 1,000-yen (US$7.02) drinking session, where you can get pleasantly buzzed while nibbling on some small dishes, just as you might at an izakaya tavern. While it was once relatively easy to have a senbero drinking session, these days, rising costs are making it so difficult that our resident senbero expert, Mr Sato, who's been indulging in these cheap D.I.Y. drinking sessions for a few years now, hasn't been able to put a satisfactory one together since last year. However, Mr Sato's expertise in the arena of cheap drinking may now have been eclipsed by his colleague Asami Oshima, who recently flexed her muscles at 7-Eleven, coming up with this impressive combo. Choosing carefully, it didn't take her long to select the following items, and as a bonus, she chose snacks that didn't require any cooking. Ozeki One Cup Jumbo (236 yen) (236 yen) Premium Strong Sparkling Water (85 yen) (85 yen) Oden (298 yen) (298 yen) Stewed Hijiki Seaweed (138 yen) (138 yen) Inaba Chicken Liver Can (128 yen) (128 yen) Peyoung Sauce Cutlet (11 yen) (11 yen) Tirol Chocolate (27 yen) Total: 1,000 yen EXACTLY. As she'd only done rough calculations for the purchases in her head, Asami felt like a genius when she got to the cash register and saw that the total came to a perfect 1,000 yen. ▼ When she saw the total pop-up, she heard a fanfare play out in her head, complete with a standing ovation. ▼ Was she now some sort of senbero master? The answer, of course, would be found in the senbero session. While she'd cleared the near-impossible hurdle of spending a perfect sen in yen, it was now time to see how this session would play out. In terms of content, she was definitely scoring high with a total of seven items to enjoy. These days, some bars offer 'senbero sets' with tiny snacks and only one drink, but to Asami, that's not senbero — that's a scam. For thrifty drinkers like her, a true senbero consists of a minimum of three drinks and at least two snacks without going over budget, and she believes she smashed that requirement out of the park. Don't be fooled by the one alcoholic drink in his basket — at 300 millilitres (10.1 ounces), this is equivalent to three drinks, especially with its ABV (Alcohol By Volume) of 14 percent. Taking a sip of the sake, she felt soothed by the cold, crisp taste of it but she felt there was a way to make it even better. ▼ By adding some sparkling water to create a sake highball. The sake highball worked well in making it feel like a second drink, and then she came up with another idea. ▼ To add a spoonful of dashi broth from the oden for a third drink. ▼ One bottle, three ways to get tipsy. ▼ Already feeling tipsy, it was now time to test the snacks. The chicken liver was silky, rich, and perfect with sake, while the hijiki balanced out the booze with its gentle sweetness. The oden was surprisingly great, despite being cold, while the tiny chocolate gave her some sweetness to finish. ▼ The Peyoung Sauce Cutlet turned out to be nice addition, giving her snack food nostalgia. The snacks were so good she didn't even miss the hot oden that she'd been craving but opted against, due to her strict budget. After finishing off the sake (yes, all 300 millilitres of it), she was properly buzzed. The snacks were surprisingly satisfying, with Asami saying the chicken liver alone deserves a Michelin star for the best life choice you can make for 128 yen. Now that she's mastered the senbero at 7-Eleven, who knows where she'll take us to next? With her masterful skills, wherever she goes, we'll be happy to follow in her footsteps. Photos ©SoraNews24 ● Want to hear about SoraNews24's latest articles as soon as they're published? Follow us on Facebook and Twitter! [ Read in Japanese ]
Yahoo
29-03-2025
- Entertainment
- Yahoo
A.G. Gaston Spring Break Camp kids attend Monster Jam rehearsal
BIRMINGHAM, Ala. (WIAT) — A group of kids from A.G. Gaston Boys and Girls club in Birmingham had a surprise outing on their last day of Spring Break Camp. The kids got to experience Monster Jam and meet the drivers. This was a complete surprise for all of the students who took part in the weeklong camp. About 55 kids watched from the stand as the 12,000-pound trucks rolled onto the dirt track inside Protective Stadium. 'I thought it was important to spark something in their imagination,' said Shay Oden, the Marketing and Communications Director for the A.G. Gaston Boys and Girls Club in Birmingham. BJCC shares how to navigate parking downtown ahead of weekend events Oden said they walked the track, met the drivers and even looked inside the trailers. But the highlight of the visit was the rehearsal of what will take place on Saturday. The kids got to see Monster Jam trucks going airborne. The experience was a first for 5th grader Toni Morton. 'It was exotic for us because some of us haven't come here before and see stuff like it,' Morton said. Monster Jam host Jabari Thomas said the event is not just for show. 'Everybody in the stands can vote on a couple of the competitions, so the fans are voting and scoring these competitions,' he explained. It can also get loud during the competition, so he advises wearing ear plugs. We were also told that headsets will be available for purchase at the event on Saturday. The Pit Party begins at 12 p.m., and the competition gets underway at 5 p.m. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.