NEW YORK: The thirty-second entry for the seniors housing Global Awards 2016 has been received.
Coconut Grove-based Housing Trust Group closed on financing for construction of Valencia Grove, a 144-unit affordable housing project in the Central Florida community of Eustis.
Construction of the $21.8 million multifamily development began November 30 and will take an estimated 13 months to complete.
Valencia Grove will have a mix of one- two- and three-bedroom units. Depending on tenants’ income levels, monthly rents will range from $358 to $790.
