Construction continues on Tyson Ranch, a 318-unit townhome development in Orlando. The development will offer two-bedroom to four-bedroom homes, with six different floorplans. These floorplans are divided into two categories: the Smart Series and the Eco Series.
Akel Homes has officially broken ground on Mosaic Palms, a new apartment complex west of Boynton Beach, following a $30 million construction loan secured from Seacoast Bank. The Stuart-based bank provided financing to Civic Hypoluxo Holdings, a Delray Beach-based Akel Homes subsidiary. This loan covers the 11.8-acre development site located at 7376 Lyons Road, near the southeast corner of Hypoluxo Road.
Thanks to the acquisition of a $43.2 million construction loan, build-to-rent community “Hamlet at Avalon Park” is moving forward.
EBC Capital, a real estate investment and development firm led by Eric Cohen, has acquired two properties in Downtown West Palm Beach for $5.6 million. The properties, located at 303 Gardenia Street and 501 S Olive Avenue, are part of EBC Capital’s plan to support the area’s revitalization, with leases already secured for tenants like men’s sportswear brand Redvanly and women’s swimwear brand Montce. The acquisition is intended to attract tenants from the wellness, hospitality, and fashion sectors.
Avion Apartments is continuing construction in Jacksonville, FL. The workforce housing complex will feature 320 homes divided amongst eight four-story buildings.
