U of I Starts Farmland Finance CenterFriday, 8 March 2013
A local university is creating a new center to study financial aspects of farmland.
University of Illinois Trustees voted Thursday to create the TIAA-CREF center.
TIAA-CREF is a financial services company that will spend $5 million over 3 years to pay for the new building.
Officials say once completed, the center is expected to sustain itself financially.
They say steadily rising prices have made farmland a great investment in recent years.Older Articles Newer Articles