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A man has been killed in a stabbing incident in Kangaroo Flat. or signup to continue reading Police say the stabbing occurred following an alleged altercation between two men at accommodation on High Street about 10.30pm on Saturday, December 7. During the dispute, one of the men was stabbed and died at the scene, police said. Police arrested a 25-year-old Kangaroo Flat man who was assisting police with their enquiries. The two men knew each other, police said. No charges have been laid and the homicide squad was investigation the incident. Anyone with information or CCTV/dashcam footage is urged to contact Crime Stoppers on 1800 333 000 or . Jonathon has been living and working in Bendigo since March 2021, currently working as a general reporter. Contact him on jonathon.magrath@austcommunitymedia.com.au. Jonathon has been living and working in Bendigo since March 2021, currently working as a general reporter. Contact him on jonathon.magrath@austcommunitymedia.com.au. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!
Celestica: The AI Datacenter's Supply Chain WinnerHouse panel shares dueling findings in COVID report
Matein Khalid I wrote a column on Vornado (VNO) as a buy at 18 in Sep’22 as it was slammed by the pandemic, its debt load and the Fed’s draconian rate hikes. So VNO’s price ascribed a $450 a square foot value to its prime Manhattan office/Fifth Ave retail portfolio even though its occupancy rate was 91% as the pandemic raged. To help my Dubai friends grasp that deep value discount in VNO, I wrote a post titled buying Manhattan at Karama prices at $18. After initially rising to $26 by February 2023, VNO was slammed by the depositor run and Fed bailout in Silicon Valley Bank and First Republic on investor angst on their bond portfolio after Powell raised the Fed funds rate from 0.5%-5.5%. A regional banking crisis could have escalated into systemic contagion, a no-no for Uncle Sam since regional banks owned 70% of all US CRE loans. So a Fed bailout of SVB and First Republic was inevitable while Powell’s tight money pivot led to a plunge in both inflation and interest rates by summer 2024. VNO rose from a cycle low of 14 to almost 44 now. Moral of the story, making big money in real estate means getting both the brick and mortar and interest rate cycle right. My friends who bought VNO at 18 have made an almost 150% profit on their capital in 2 years with near zero transaction cost. Sure beats flipping houses and praying for the greater fool theory to work in your favour in a notoriously illiquid speculative asset class. The REIT Index has underperformed the S&P 500 goosed by Mag-7. However, despite the goldilocks economy, there is valuation froth in the SPX at 23X. While higher transaction volumes, lower inflation and US Treasury bond yields tell me that it is now the time to rotate into real estate on the NYSE. Mr. Market is whispering to me that the pandemic/banking/tight money/remote work/telecommuting blues for CRE is now over and it is time to go deal hunting for discounted brick and mortar property on Wall Street. I love fundamentalists property analysts though not the beirdo-weirdos who operated from caves in Afghanistan. 67 I believe owning the right REITs will be a money making strategy in the coming US real estate cycles, even if my VNO trade idea was a roller coaster in the first half of 2023. I have made no secret about my fascination with industrial and data center REITs, segments that have rewarded patient investors with 10-20X multiples of their capital in the past two decades. In 2024, the first Baby Boomer turned 79 and the biggest/richest generation in American history with 74 million members are now prime candidates for senior housing demand. Yet there is a supply squeeze in this segment due to Uncle Jay’s tight money and Uncle Joe’s long permit/construction lead times. Data center REITs are priced to perfection and Prologis is the only industrial I like at the right price. New York office is still a winner but I will not touch San Fran with a barge pole, go COLD turkey! Also published on Medium .
Did you know with a Digital Subscription to Lancashire Evening Post, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. The team at Scrivens Opticians & Hearing Care on Waterloo Road, dressed the part with Christmas jumpers and festive headgear and held a lucky dip and a ‘guess the name of the elf’ game in aid of the cause. The funds raised will go to Alzheimer’s Society, a charity which Scrivens has been supporting for nine successive years. Branches and customers around the country have got behind the charity with tens of thousands of pounds raised by the company over the years. Advertisement Advertisement Yvonne Mitchell, assistant branch manager at Scrivens Blackpool, said: “It’s been a fantastic day seeing our team of Elves get in the festive mood in aid of Alzheimer’s Society. A huge thank you goes to our customers who’ve continued to support this and various other fundraising events in our branch throughout the year. We’re so grateful and look forward to planning more activities in 2025!” Scrivens Opticians & Hearing Care is a family run business which was established in 1938. It has 167 stores in England and Wales, with 1,000 employees. For more information, visit www.scrivens.com
President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case and was written by D. John Sauer, Trump’s choice for solicitor general. The argument submitted to the court is the latest example of Trump inserting himself in national issues before he takes office. The Republican president-elect has already begun negotiating with other countries over his plans to impose tariffs, and he intervened earlier this month in a plan to fund the federal government, calling for a bipartisan plan to be rejected and sending Republicans back to the negotiating table. He has been holding meetings with foreign leaders and business officials at his Mar-a-Lago club in Florida while he assembles his administration, including a meeting last week with TikTok CEO Shou Chew. Trump has reversed his position on the popular app, having tried to ban it during his first term in office over national security concerns. He joined the TikTok during his 2024 presidential campaign and his team used it to connect with younger voters, especially male voters, by pushing content that was often macho and aimed at going viral. He said earlier this year that he still believed there were national security risks with TikTok, but that he opposed banning it. The filings Friday come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. The law was was signed by President Joe Biden in April after it passed Congress with broad bipartisan support. TikTok and ByteDance filed a legal challenge afterwards. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.” In their brief to the Supreme Court on Friday, attorneys for TikTok and its parent company ByteDance argued the federal appeals court erred in its ruling and based its decision on “alleged ‘risks’ that China could exercise control” over TikTok’s U.S. platform by pressuring its foreign affiliates. The Biden administration has argued in court that TikTok poses a national security risk due to its connections to China. Officials say Chinese authorities can compel ByteDance to hand over information on TikTok’s U.S. patrons or use the platform to spread or suppress information. But the government “concedes that it has no evidence China has ever attempted to do so,” TikTok’s legal filing said, adding that the U.S. fears are predicated on future risks. In its filing Friday, the Biden administration said because TikTok “is integrated with ByteDance and relies on its propriety engine developed and maintained in China,” its corporate structure carries with it risk.MADISON, Wis. (AP) — President-elect Donald Trump’s former Wisconsin attorney lashed out Thursday at the state’s Democratic attorney general for filing felony charges against him and two others related to the 2020 fake electors scheme, saying after their initial court appearance that he was the victim of “lawfare” that wreaked havoc on his life. Jim Troupis, a former Wisconsin judge who represented Trump in 2020, was the only one of the three defendants to appear in person at the hearing. Kenneth Chesebro, an attorney who advised Trump’s 2020 campaign, and Mike Roman, Trump’s director of Election Day operations in 2020, appeared by phone. All three are charged with 11 felony forgery counts. Each charge carries a maximum penalty of six years in prison and a $10,000 fine. A court commissioner set a preliminary hearing for all three for Jan. 28. They will enter their pleas at their arraignment, which is not yet scheduled. Troupis, in comments after the brief hearing, said Wisconsin Attorney General Josh Kaul has “doubled down on a vicious strategy to destroy our very faith in the system of justice by using the courts for his own personal political game.” “My family and I have endured nonstop vicious and unrelenting savage attacks on my reputation, on my livelihood,” Troupis said outside of the courtroom surrounded by supporters, including Republican former Gov. Scott McCallum. “My children have been interrogated. My long-held friendships and professional life have been destroyed.” Kaul said in a written statement in reaction to Troupis that decisions in cases are based on the facts and the law. “In this case, like all other cases, we will litigate the issues in dispute in a court of law,” Kaul said. Troupis defended the strategy of having the GOP electors meet, saying it was necessary in case a court ruled that Trump won Wisconsin. “We had thought that this would end,” Troupis said. “The country asked for it to end in November, but lawfare in all its despicable forms will not end in Wisconsin.” Troupis and the other two defendants were ordered not to have contact with the 10 electors or three others not identified by name in the criminal complaint. They did not object to those conditions and were allowed to leave without posting any money for bail. The state charges against the Trump attorneys and aide are the only ones in Wisconsin. None of the electors have been charged. The 10 Wisconsin electors, Chesebro and Troupis all settled a lawsuit that was brought against them in 2023. There are pending charges related to the fake electors scheme in state and federal courts in Arizona , Michigan , Nevada and Georgia. Federal prosecutors investigating Trump’s conduct related to the Jan. 6, 2021, U.S. Capitol riot said the fake electors scheme originated in Wisconsin. Electors are people appointed to represent voters in presidential elections. The winner of the popular vote in each state determines which party’s electors are sent to the Electoral College, which meets in December after a presidential election to certify the outcome. The Wisconsin complaint details how Troupis, Chesebro and Roman created a document that falsely said Trump had won the state’s 10 Electoral College votes and attempted to deliver it to then-Vice President Mike Pence for congressional certification. Prosecutors said in the complaint that most of the 10 electors told investigators they needed to sign the elector certificate indicating that Trump had won only to preserve his legal options if a court changed the outcome of the election in Wisconsin. Most of the electors also said that they did not consent to having their signatures presented as if Trump had won without such a court ruling, the complaint said. Troupis and Roman filed four motions to dismiss the charge before Thursday’s hearing. The court commissioner did not consider those. The fake elector efforts were central to a 2023 federal racketeering indictment filed against Trump alleging he tried to overturn the results of the 2020 election. Special counsel Jack Smith moved to abandon that case last month, acknowledging that Trump’s return to the White House in January will preclude attempts to federally prosecute him. Trump was also indicted in Georgia along with 18 others accused of participating in a sprawling scheme to illegally overturn the 2020 presidential election there. Trump is trying to get that case dismissed , arguing that state courts won’t have jurisdiction over him when he returns to the White House next month. Chesebro and Roman were among those indicted with Trump in Georgia. Roman has pleaded not guilty to racketeering and conspiracy charges there, as well as to nine felony charges in Arizona related to the fake electors scheme in that state. Chesebro pleaded guilty to one felony charge of conspiracy to commit filing false documents in a deal with Georgia prosecutors. He is trying to invalidate the plea after the judge in September tossed out the charge against Trump and others. Associated Press writer Todd Richmond contributed to this story.
Drone operators worry that anxiety over mystery sightings will lead to new restrictionsOpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." Speaking at the New York Times DealBook conference, Altman addressed concerns about Musk's announced role heading a new Department of Government Efficiency in the incoming Donald Trump administration, and whether he might use it to favor his own companies. "I may turn out to be wrong, but I believe pretty strongly that Elon will do the right thing," Altman said. "It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses." Even if there are "lots of things not to like about him... it would go so deeply against the values I believe he holds very dear to himself that I'm not that worried about it." Musk, an OpenAI co-founder who later departed the company, is currently suing Altman's firm and Microsoft, claiming they shifted from the project's original nonprofit mission. He has since launched xAI, reportedly valued at $50 billion, making it one of the world's most valuable startups. Altman said that the court battle was "tremendously sad" and that he once saw Musk as "a mega hero." More from this section Musk became a close ally of Trump during his campaign, spending over $100 million to boost his presidential bid and joining him at rallies. Since the election victory, he has been a frequent presence in the Trump transition and was reportedly on the line when Google CEO Sundar Pichai called the president-elect to congratulate him on winning the election. The tycoon's businesses have deep connections with governments -- both in the United States and elsewhere -- and his new position has raised concerns about conflict of interest. During the interview, Altman also lowered expectations for the importance of OpenAI's models achieving artificial general intelligence (AGI), a benchmark of human-level intelligence the company has long set as the goal for its technology. "My guess is we will hit AGI sooner than most people in the world think, and it will matter much less," he said. "A lot of the safety concerns that we and others expressed actually don't come at the AGI moment... AGI can get built. The world goes on mostly the same way," he said. arp/ahaThe standard Lorem Ipsum passage, used since the 1500s "Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" To keep reading, please log in to your account, create a free account, or simply fill out the form below.
Tommy Mellott has career day in Montana State Bobcats' win over UT Martin in FCS playoffs 2nd roundManmohan Singh could be brutally candid if he trusted youPresident-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case and was written by D. John Sauer, Trump’s choice for solicitor general. The argument submitted to the court is the latest example of Trump inserting himself in national issues before he takes office. The Republican president-elect has already begun negotiating with other countries over his plans to impose tariffs, and he intervened earlier this month in a plan to fund the federal government, calling for a bipartisan plan to be rejected and sending Republicans back to the negotiating table. He has been holding meetings with foreign leaders and business officials at his Mar-a-Lago club in Florida while he assembles his administration, including a meeting last week with TikTok CEO Shou Chew. Trump has reversed his position on the popular app, having tried to ban it during his first term in office over national security concerns. He joined the TikTok during his 2024 presidential campaign and his team used it to connect with younger voters, especially male voters, by pushing content that was often macho and aimed at going viral. He said earlier this year that he still believed there were national security risks with TikTok, but that he opposed banning it. The filings Friday come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. The law was was signed by President Joe Biden in April after it passed Congress with broad bipartisan support. TikTok and ByteDance filed a legal challenge afterwards. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.” In their brief to the Supreme Court on Friday, attorneys for TikTok and its parent company ByteDance argued the federal appeals court erred in its ruling and based its decision on “alleged ‘risks’ that China could exercise control” over TikTok’s U.S. platform by pressuring its foreign affiliates. The Biden administration has argued in court that TikTok poses a national security risk due to its connections to China. Officials say Chinese authorities can compel ByteDance to hand over information on TikTok’s U.S. patrons or use the platform to spread or suppress information. But the government “concedes that it has no evidence China has ever attempted to do so,” TikTok’s legal filing said, adding that the U.S. fears are predicated on future risks. In its filing Friday, the Biden administration said because TikTok “is integrated with ByteDance and relies on its propriety engine developed and maintained in China,” its corporate structure carries with it risk.
President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case and was written by D. John Sauer, Trump’s choice for solicitor general. The argument submitted to the court is the latest example of Trump inserting himself in national issues before he takes office. The Republican president-elect has already begun negotiating with other countries over his plans to impose tariffs, and he intervened earlier this month in a plan to fund the federal government, calling for a bipartisan plan to be rejected and sending Republicans back to the negotiating table. He has been holding meetings with foreign leaders and business officials at his Mar-a-Lago club in Florida while he assembles his administration, including a meeting last week with TikTok CEO Shou Chew. Trump has reversed his position on the popular app, having tried to ban it during his first term in office over national security concerns. He joined the TikTok during his 2024 presidential campaign and his team used it to connect with younger voters, especially male voters, by pushing content that was often macho and aimed at going viral. He said earlier this year that he still believed there were national security risks with TikTok, but that he opposed banning it. The filings Friday come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. The law was was signed by President Joe Biden in April after it passed Congress with broad bipartisan support. TikTok and ByteDance filed a legal challenge afterwards. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.” In their brief to the Supreme Court on Friday, attorneys for TikTok and its parent company ByteDance argued the federal appeals court erred in its ruling and based its decision on “alleged ‘risks’ that China could exercise control” over TikTok’s U.S. platform by pressuring its foreign affiliates. The Biden administration has argued in court that TikTok poses a national security risk due to its connections to China. Officials say Chinese authorities can compel ByteDance to hand over information on TikTok’s U.S. patrons or use the platform to spread or suppress information. But the government “concedes that it has no evidence China has ever attempted to do so,” TikTok’s legal filing said, adding that the U.S. fears are predicated on future risks. In its filing Friday, the Biden administration said because TikTok “is integrated with ByteDance and relies on its propriety engine developed and maintained in China,” its corporate structure carries with it risk.
WASHINGTON — The House passed a bill Thursday that would create dozens of new federal district court judgeships for the first time in decades, although the Biden administration has threatened to veto it. Supporters of the legislation, which passed the House 236-173 on Thursday and the Senate via unanimous consent in August, say the bill is aimed at addressing case backlogs in the federal court system. The measure would add 63 permanent positions to the federal judiciary and three temporary positions. The permanent positions would be created in phases between 2025 and 2035. In total, 207 House Republicans and 29 House Democrats voted for the measure. Members of both parties agreed the federal judiciary needs more judges. But the timing of the vote drew opposition from the Biden administration and some House Democrats, who said Republicans were playing political games by refusing to bring the bill up for a floor vote until after the November general election. By waiting to vote on the bill until after the election, there is no longer uncertainty over which presidential candidate would get to appoint the first two tranches of judgeships, which would come in 2025 and 2027, Democrats argued. New York Rep. Jerrold Nadler, the top Democrat on the House Judiciary Committee, argued that when the bill arrived in the House, Republican leadership refused to touch it. “If Republican leadership had brought the bill to the House floor in September, we could have passed it on suspension in no time,” Nadler said. “Back then, the president would still have been unknown, and the underlying promise of the bill was still present.” Speaking on the floor, Rep. Darrell Issa, R-Calif., acknowledged the bill would have passed by unanimous consent had it been brought up sooner. “I apologize to everyone here for the hour we’re taking for something that we should have done before” the election, he said. But Issa said it would only be “pettiness today if we were to not do this because of who got to be first.” He compared the situation to a coin flip at the start of a football game, where the flip winner gets to decide whether they kick or receive the ball. “Afterwards, it will go back and forth for a very long time. This is a very long time, and we should be the long thinkers on the most permanent body in government,” Issa said. Rep. Troy Nehls, R-Texas, said on the floor that sudden opposition to the bill from Democrats was “nothing more than childish foot-stomping.” The Biden administration threatened to veto the bill earlier this week, saying in a statement of administration policy that the bill is “unnecessary to the efficient and effective administration of justice.” The statement said the bill would add new judgeships in states where senators “have sought to hold open existing judicial vacancies.” “Further, the Senate passed this bill in August, but the House refused to take it up until after the election,” the statement read. Rep. Hank Johnson, D-Ga., said when the bill arrived in the House, Republican leadership injected politics into the legislation. He argued bringing the bill to the floor until after the election isn’t fair. “You don’t get to pick the horse after that horse has already won the race, but that’s exactly what my Republican colleagues are seeking to do today,” he said. Issa weighed in after Johnson’s speech. “We often hear the term here in the House and throughout our country: ‘country before party.’ It’s clear we didn’t hear that here yet today on the other side of the aisle,” Issa said. Congress has added a relatively smaller number of district court judgeships since 1990, created using appropriations or authorization bills, but the federal courts say they need much more based on an increase in caseload over the years. The Judicial Conference in 2023 called for 66 new district court judges and seven temporary judges to be made permanent. Gabe Roth, the executive director of Fix the Court, said in press releases that Biden should reconsider his veto threat given “the bill’s bipartisan origins, its broad support among Democratic judicial appointees and its importance to Delaware, whose federal court would get two new judgeships — a 50 percent increase.” “As someone who’s worked for years on adding judgeships, I know how difficult it is to get to the right formula of which judgeships to add when, how much money is needed for appropriations and when in an election cycle to move legislation,” Roth said. “We finally had each of these things in place and now comes a veto threat? That’s a slap in the face to our overworked federal judges, Democratic and Republican appointees alike, who say they desperately need the help,” Roth said.
CHICAGO , Dec. 12, 2024 /PRNewswire/ -- Green Courte Partners, LLC ("GCP"), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its sixth investment fund, Green Courte Real Estate Partners VI, LLC and its affiliates, acquired Cottages of Monroe , a 51-unit active-adult cottage community located in Monroe, Georgia , just east of Atlanta . The acquisition increases GCP's national senior living portfolio, which is managed by the firm's wholly owned operating platform, True Connection Communities, to 20 communities containing approximately 3,200 units. Matt Pyzyk , Managing Director at GCP, said, "We are excited to expand our portfolio and enter the Atlanta market with the acquisition of Cottages of Monroe , which has earned a strong local reputation and consistently maintained high occupancy rates. This gated community has been a key target for us due to its attractive location and the desirability of its single-story cottage product. With this acquisition, our senior living portfolio now includes approximately 650 cottages. We are actively pursuing opportunities to acquire or develop similar communities to expand our senior cottage portfolio." Randy Griffin , one of Green Courte's counterparties in the transaction, added, "We've had a long-standing relationship with GCP. They approached us directly and were able to structure a deal that accomplished our objectives. We were pleased with the timeline and outcome of the transaction." About Green Courte Partners, LLC Green Courte Partners, LLC is a Chicago -based private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors. The firm has active investments in the following sectors: active-adult/independent senior living, land-lease communities, industrial outdoor storage, and near-airport parking. The firm combines focused investment strategies with a disciplined approach to transaction execution, operations, and asset management. Green Courte's goal is to invest in high-quality real estate assets that will generate attractive risk-adjusted returns over a long-term holding period. For additional information, please visit Green Courte's website at www.GreenCourtePartners.com . About True Connection Communities True Connection Communities operates a high-quality portfolio of 20 active-adult and independent senior living communities, containing approximately 3,200 units located in 11 states, to meet the growing needs of Americans over the age of 55 seeking an active and engaged lifestyle. To deliver an exceptional resident experience, the company focuses on five key offerings: custom-designed fitness and wellness programs, creative chef-prepared meals made with the freshest seasonal ingredients, social activities designed for a life on the move, innovative educational programs, and state-of-the-art technology. To learn more, visit www.TrueConnectionCommunities.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/green-courte-partners-acquires-active-adult-community-located-in-atlanta-georgia-msa-302330844.html SOURCE Green Courte Partners, LLC