Affiliated Buys Boynton Beach Mixed-Use Building and 3-acre Development Site

Affiliated Development, led by CEO Jeffrey Burns and President Nicholas Rojo, is embarking on its second workforce housing project in Boynton Beach. They acquired a 4.3-acre assemblage for $12 million, with $6 million in seller financing, aiming to build townhomes, apartments, and retail spaces. Affiliated has a partnership with Boynton Beach to develop mixed-income housing, mirroring its project, The Pierce. However, The Pierce faces delays due to a lawsuit filed by an existing tenant, prompting Affiliated to counter-sue. Additionally, the developer has purchased a development site in Fort Lauderdale for The Era, a 400-unit apartment complex, securing tax incentives and property tax rebates for workforce housing.

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