Ohio Police & Firemen's Disability and Pension Fund, Columbus...

Ohio Police & Firemen’s Disability and Pension Fund, Columbus, purchased Avalon at Park Center, a 492-unit apartment complex located in Alexandria, Va., said Allen Proctor, executive director of the $9.9 billion fund. Boston Financial assisted. Mr. Proctor noted that it’s hard to find good residential properties on the Eastern seaboard, and the system, with an 8% allocation to real estate, is required to be regionally diversified.