SOUTH FLORIDA NEWS - may, 2026.
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SOUTH FLORIDA NEWS - may, 2026. Time Equities broke ground on 465 apartments in downtown Boynton Beach after securing a $160 million construction loan from M&T Bank. The project sat stalled for years until $35 million in TIF subsidies made the numbers work. Key takeaways. * Phase 1 of Town Square includes 465 apartments, 6,300 sq ft of retail, and a 1,055-space parking garage. * The Boynton Beach CRA approved up to $35 million in tax increment financing in a 4-1 vote. * Time Equities operates under a land lease since the city owns the 3.77-acre site. Time Equities, a New York-based developer, broke ground on the first phase of Town Square in Boynton Beach after securing a $160 million construction loan from M&T Bank. The eight-story project at 120 SE First Avenue will... 24 Views, 0 Comments Q1 2026 data from ATTOM shows foreclosure filings up 9.4% from last quarter and 16.6% from last year. The headlines are alarming. However, if you look at the historical context, there's no need to get alarmed just yet. * One out of every 846 housing units in the tri-county region had a foreclosure filing in Q1 2026. * Florida ranked third nationally for foreclosure rate, behind only Indiana and South Carolina. * Current quarterly filings are roughly 16 times lower than crisis-era levels from 2008 to 2010. New Q1 2026 data from ATTOM shows foreclosure activity rising across South...
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