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Klein Enterprises gets $200M investment to expand in mid-Atlantic

May 5, 2021

Baltimore’s Klein Enterprises has received an investment boost of up to $200 million in new capital to help it expand in the mid-Atlantic. Almanac Realty Investors pledged the support on Tuesday, said president Daniel Klein. Klein said the Baltimore-based company will use the private funds for ongoing development and acquisition of commercial and residential properties, including self-storage and retail. Almanac Realty Investors is a business unit of Neuberger Berman, which acquired the investment company in 2020.

Article Source: Baltimore Business Journal

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