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Title: David Hager Los Angeles Plumbing Establishes 20M Fund for Commercial Property Plumbing Infrastructure Modernization

Los angeles, CA, United States, 14th Dec 2024 - David Hager Los Angeles Plumbing, a leading provider of commercial and residential plumbing services in Southern California, today announced the establishment of a $20 million dedicated fund aimed at modernizing plumbing infrastructure in Los Angeles commercial properties, alongside significant strategic acquisitions and policy initiatives. The company has also acquired three commercial properties in downtown Los Angeles, totaling 150,000 square feet, to establish regional service hubs and training facilities."This comprehensive growth strategy represents a pivotal moment in our company's evolution," said David Hager, CEO of David Hager Los Angeles Plumbing. "By combining strategic property acquisitions with our infrastructure fund and new policy framework, we're positioning ourselves as an integrated solutions provider in the commercial real estate sector."The Infrastructure Modernization Fund will provide commercial property owners with access to advanced plumbing technologies and financing options, supported by a newly established financing partnership with Western Pacific Bank. The program, launching in January 2025, includes flexible financing terms ranging from 24 to 84 months, with competitive interest rates for qualified properties.In a significant policy development, the company has introduced its "Commercial Property Compliance Framework 2025," a comprehensive set of guidelines aligning with California's latest water conservation regulations and ESG requirements. This framework includes:Mandatory water usage audits for properties over 50,000 square feetImplementation of smart monitoring systems for all serviced propertiesQuarterly compliance reporting and certificationGreen building standards integ...

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