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Atlanta firm buys luxury apartment complex in Johnstown for $71M – BizWest

Atlanta firm buys luxury apartment complex in Johnstown for $71M – BizWest
bizwest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizwest.com Daily Mail and Mail on Sunday newspapers.

New York State Teachers tabulates 9 6% return in fiscal second quarter

New York State Teachers tabulates 9.6% return in fiscal second quarter Pension fund also approves renewals for investment managers, consultants Chalky american state of new york flag painted with color chalk on old blackboard The governing board of the New York State Teachers Retirement System, Albany, reported that the pension system had an unaudited return on investment, net of fees, of 9.6% for the three months ended Dec. 31, 2020, the second quarter of the pension system s fiscal year. The unaudited return was 5.6% for the three months ended Dec. 31, 2019. The announcement was made Thursday at the board s quarterly meeting held virtually. Unaudited total assets, net of fees, were $137.9 billion for the three months ended March 31, up 2% from the previous three months and up 25.9% from the quarter ended March 31, 2020, which reflected the greatest impact of the coronavirus pandemic.

Deal Ticker: Garland Electronics Manufacturer Plans Major Expansion

Deal Ticker: Garland Electronics Manufacturer Plans Major Expansion
dmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dmagazine.com Daily Mail and Mail on Sunday newspapers.

300 apartments planned as site by Globeville rail station sells for $16M

300 apartments planned as site by Globeville rail station sells for $16M Thomas Gounley photo) A pair of local developers have unloaded their site by a Globeville rail station to a New York-based firm planning apartments. Brue Baukol Capital Partners and LCP Development, both Denver-based firms, were paid $16.1 million last week for the 689 and 725 W. 38th Ave. parcels, according to public records. The parcels, which add up to about 3.9 acres, are just south of RTD’s 41st and Fox station. The buyer was AMFP V Fox Station LLC, which is affiliated with Abacus Capital Group. A local executive with the firm did not respond to a request for comment, but plans submitted to the city last year indicate Abacus wants to develop three five-story apartment complexes at the site, with about 300 units in total. There would also be an eight-story garage.

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