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LA Junta Tribune Scott Peterson, a longtime Coloradan with over 40 years of experience in community development, is the new mayor of the city of Las Animas. At the Las Animas City Council meeting June 29, Peterson was appointed mayor following a motion and a 3-2 vote. Councilman Dave Armstrong was the tie-breaking vote. After the June 10 resignation of former Mayor Jim Collins, who held the position since 2015, Armstrong was interim mayor for the 19-day period. Peterson was appointed over three other candidates: Terry Kim, Andrew Montoya and Frank Schmeiser. Peterson s resume . is very heavy in financials and major projects, Armstrong said. With some of the grant funding and with all the CARES Act funding and stuff that is coming down, we kind of thought that his financial background would be just an absolute asset to the things that are going on with the city. . He s very clued in as to what s going on citywide and he knows how to help. ....
Press Release – Bayleys A continuing contraction of investment property yields and a good level of demand for well located tenanted and vacant premises were features of Bayleys’ final Total Property auction for the year. Bayleys’ Auckland commercial and industrial director Lloyd Budd says the sale of a variety of tenanted offerings at net rental income returns of below or around five per cent confirm that yields are continuing to track interest rates down. “Bank deposit rates have dropped significantly in recent months to below one per cent which opened up a bigger yield gap with commercial property returns than has existed for some time. However, our latest auction results show that property yields are now also adjusting downwards again and this may well continue into the New Year,” Budd says. ....
Monday, 14 December 2020, 9:28 am A continuing contraction of investment property yields and a good level of demand for well located tenanted and vacant premises were features of Bayleys’ final Total Property auction for the year. Bayleys’ Auckland commercial and industrial director Lloyd Budd says the sale of a variety of tenanted offerings at net rental income returns of below or around five per cent confirm that yields are continuing to track interest rates down. “Bank deposit rates have dropped significantly in recent months to below one per cent which opened up a bigger yield gap with commercial property returns than has existed for some time. ....