Politics

Pro-Athlete Group Buys 104 Acre Farm in Iowa; New Investment Strategy Realized
Pro-Athlete Group Buys 104 Acre Farm in Iowa; New Investment Strategy Realized
A group of pro-athletes just bought 104 acre farm in northern Iowa. The deal was put together by Patricof Co., a specialized private New York investment firm that sources investment opportunities for athletes while also incorporating institutional investors such as JPMorgan. The athletes plan to lease the land to farmers and get a single-digit annual return.

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