Developer seizes on affordable, workforce market with condos, townhomes

by Lidia Dinkova

Developer Ellen Buckley plans 93 homes at below-market sale prices in two Miami-Dade County projects, amid South Florida’s affordable housing crunch. Prospera Real Estate Collective –– led by Buckley, a former VP and director of development at Terra –– wants to develop a five-story, 56-unit condo building in Miami’s Coconut Grove and 37 for-sale townhomes in 14 buildings, according to a news release and Buckley.  Miami-based Prospera has a pipeline of more than 1,800 residential units, spanning affordable, workforce and luxury homes, across Florida, Arkansas, Georgia and North Carolina. The pipeline will consist of for-sale and for-rent units.  Buckley founded […]

This article originally appeared on The Real Deal. Click here to read the full story.

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Stevan Stanisic

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Real Estate Advisor License ID: SL3518131

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