The Idaho Land Board has taken a step toward selling off endowment commercial real estate holdings within the state, while also looking to buy shares in professionally managed commercial property investments nationwide. The board voted unanimously Tuesday to approve a process for hiring an adviser...
Based on how state endowment fund investment returns are coming in, Idaho can likely expect distributions to the beneficiaries – the largest of which is public schools – to jump by about 9 percent from the fiscal year 2016 distribution to the 2017 level, investment…