A developer has started building a 400-unit project with some workforce housing in downtown Fort Lauderdale after securing an $80 million construction loan from a Canadian bank. Affiliated Development announced on March 14 it started building The Era, an eight-story building with garage parking on South Andrews Avenue between S.W. 21st and S.W. 22nd [...]

Affiliated Development has secured $50 million in additional financing to move forward with an affordable housing project in West Palm Beach's Northwood Village. The Spruce, an eight-story, multi-family complex located off Spruce Avenue between 24th and 25th Street, will have 270 one-, two- and three-bedroom apartments, with 117 units offered first to city employees [...]

WEST PALM BEACH, FL -- Targa principals, along with Affiliated Development and Moss Construction, broke ground Sept. 24 on The Grand, Targa’s newest investment in workforce housing in South Florida. The eight-story mixed-use complex of 301 apartments and townhomes will feature a clubhouse, movie theater, upscale pool, hospitality center and co-work and conference areas, [...]

Watterscape rental community is being built on S.H. 121. A Florida fund is investing in a new Allen apartment community. Fort Lauderdale-based Targa is providing equity funding for the new Watterscape apartments being built on State Highway 121 in Allen. The 469-unit rental community is a project of Dalcor Cos and is on Watters [...]

A group of private South Florida businessmen has formed Targa 1 LLC, a real estate investment management firm, to invest in development projects and announced its initial investment with Affiliated Development for workforce housing residential projects in Palm Beach County. “Targa 1 LLC has raised $7 million of our initial goal of $40 million [...]