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JLL Income Property Trust Acquires Montecito Marketplace in Las Vegas for $63M

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Grocery anchors Montecito Marketplace in Las Vegas." /> Smith’s Grocery anchors Montecito Marketplace in Las Vegas. LAS VEGAS — JLL Income Property Trust has acquired Montecito Marketplace , a 190,000-square- foot shopping center located in Las Vegas, for $63 million. Smith’s Grocery and TJ Maxx anchor the fully leased property , which is home to national and regional retailers, restaurants, banks and personal service tenants . The seller in the transaction was undisclosed. Jones Lang LaSalle Income Property Trust Inc. is a REIT that owns and operates a portfolio of high quality office , retail, industrial and apartment properties across the U.S. Tagged sales_and_leases

Aimco Gives Major Contribution to Scholarship Fund – Press Releases on CSRwire.com

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WASHINGTON, Nov. 09 /CSRwire/ - Students who live in affordable, subsidized housing will have the opportunity to pursue their dreams of higher education through a scholarship fund that is receiving a donation of $140,000 from Apartment Investment and Management Company (Aimco).   Aimco Senior Vice President Patti Shwayder presented the contribution to Denise Muha, Executive Director of the National Leased Housing Association , for the NLHA Education Fund , which provides tuition assistance through the Aimco Cares Opportunity Scholarship and several other award categories.  The check presentation took place last week during the NLHA Fall Seminar at the Washington, D.C. Marriott.     “We are so proud to be helping the amazing young men and women through the Education Fund and the Aimco Cares Opportunity Scholarship .  These talented students come from diverse backgrounds and circumstances, but all share the same goal of earning a college degree,” said Shwayder.  “Our scholars are...