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Union Pension Money Funds San Francisco Housing

July 19, 20112 Mins read306
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Jon Peterson The Washington, D.C.-based AFL-CIO Housing Investment Trust is betting long on San Francisco: With the completion of a $70 million loan to Emerald Fund Inc., the union pension-fund manager has invested $107.6 million in the city in the past 18 months in three apartment developments. The trust is now considering a fourth apartment […]

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