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FORT PIERCE, Fla. — An "iron curtain" has descended here. Residents near a Cold War-era nuclear bomb shelter are wondering what the property's new owners are doing on the other side of the chain ...
First, muni bonds are often investment-grade assets. Around seven out of 10 in the Bloomberg Municipal Bond Index are in the top two rungs of credit quality, Schwab cited.
A 2007 study concluded that the average investment grade tax exempt 1-10 year municipal bond traded 21 times over its 11-year sample and 5.65% of issues only traded once. [ 21 ] Unlike corporate and Treasury bonds, which are more likely to be held by institutional investors, municipal bond owners are more diverse, and hence harder to locate ...
From 1797 to 1941, the U.S. government only relied on civilian industries while the country was actually at war. The government owned their own shipyards and weapons manufacturing facilities which they relied on through World War I. With World War II came a massive shift in the way that the U.S. government armed the military.
At the state level, any three-story, 30-year-old building (or 25-year-old building if it's near saltwater) needed to be inspected for structural integrity by the end of 2024. A follow-up ...
Lighthouse Investment Partners (Lighthouse) is an American alternative investment management firm based in Palm Beach Gardens, Florida. The firm mainly takes a fund of funds approach that invests indirectly through other specialized investment managers. Outside the U.S., Lighthouse has offices in London, Hong Kong and Dubai.
Now, Florida state reforms require reserve and milestone studies and mandate annual contributions to reserves, but they only apply to units that are three stories or higher.
The bill creates a state-wide inspection program for condo buildings taller than three stories. Starting in 2025, the buildings will go through a milestone inspection certification process when reaching 30 years of age, or 25 years if the building is located within three miles of the coast, and will be inspected again every 10 years afterward.