Expansion

Boca Raton Approves Expansion of Affordable Housing Project

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The Real Deal Logo

The Boca Raton City Council unanimously approved plans by the city’s housing authority and Miami-based Atlantic Pacific Companies to add 105 apartments to a decades-old affordable housing complex. The zoning changes will enable Atlantic Pacific and the Boca Raton Housing Authority to build two new three-story apartment buildings with 54 one-bedroom units, 42 two-bedroom units … Read more

The Villages Seeks $130M Muni Bond Deal to Fund Expansion

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The Villages Seeks $130M Muni Bond Deal to Fund Expansion

The Villages is betting big on the municipal bond market to keep its housing boom alive.  The sprawling 57,000-acre retirement empire in central Florida is selling nearly $130 million in high-yield municipal bonds to fund a 2,800-home district, Bloomberg reported. The sale, handled by Jefferies and Morgan Stanley, will bankroll infrastructure for the next phase … Read more