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The Allen Morris Company Closes on $83 Million | MultifamilyBiz.com

MIAMI, FL - The Allen Morris Company, and its partner, the Alaska Permanent Fund Corporation, advised by L&B Realty Advisors, has closed on an $83 million construction loan and commenced construction on its signature Bayside Sarasota development. The loan was provided by Kennedy Wilson. Longboat Group will oversee leasing and management once complete.
Located in Sarasota, Florida, one of the State’s fastest growing areas, Bayside Sarasota is the initial phase of a broader mixed-use...

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Private Equity Firms Are Borrowing Against Their Funds' Assets

Private Equity Firms Are Borrowing Against Their Funds' Assets
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Board of Trustees Prepares for Annual Asset Allocation Review in Special Meeting

Board of Trustees Prepares for Annual Asset Allocation Review in Special Meeting
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Biden's Old '0% Inflation' Comment Comes Back To Bite As McKinsey Says New Biggest Splurge For US Consumers Is Groceries

According to a recent CBS News poll, 39% of Americans believe the economy is "good," with 57% of respondents viewing the economy as "bad." It's an issue President Joe Biden has to grapple with as his reelection campaign gears up, especially given that 65% of Americans remember the economy as good under former President Donald Trump, according to the poll. In August 2022, Biden announced "zero inflation" at a time when the consumer price index (CPI) reported it was 8.5%. While he was referring to

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