Housing

NuRock Proposes Affordable Housing Project Near Opa-locka

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NuRock Proposes Affordable Housing Project Near Opa-locka

NuRock Companies proposes a 130-unit affordable apartment project near Opa-locka, marking its second planned development in the area.  Alpharetta, Georgia-based NuRock wants to develop the L-shaped building, called Heritage at Gratigny Park, on a nearly 1-acre vacant lot on the southwest corner of Northwest 120th Terrace and Northwest 27th Place in unincorporated Miami-Dade County, according … Read more

California Billionaires Could Get Hit With 5% Wealth Tax—Here’s How It Will Affect the Housing Market

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appealing property taxes

California’s billionaires may be on the hook for a one-time 5% tax on their net worth to help the state fund health care for low-income residents after sweeping federal cuts to Medicaid—a move that could generate about $100 billion in revenue but potentially shake up the local housing market’s luxury segment.  Last week, the Service … Read more