Seeks

Historic Keck & Keck-Designed Midcentury Modern Time Capsule Seeks New Steward for $7 Million—as Threat of Demolition Looms

by
Historic Keck & Keck-Designed Midcentury Modern Time Capsule Seeks New Steward for $7 Million—as Threat of Demolition Looms

A historic midcentury modern time capsule home that sits on a prime piece of lakefront land in Illinois is desperately seeking a new steward who will usher the architectural gem into the modern era—and save it from near-certain demolition. The property, which is perched on the edge of Lake Michigan, was designed by modernist-architect brothers … Read more

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

by
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