The Aventura, FL-based investment firm has been very active of late and marks the firm's third significant acquisition so far this year.

Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019.

City officials said the updated design would expedite construction of the resiliency project that would now begin in the spring of 2020. The project would enable flood protection to be implemented nearly one year earlier, and the entire project is expected to be completed six months earlier than the original design.

The company acquired the 300-unit Class A community through a wholly-owned subsidiary and financed the acquisition utilizing a non-recourse first-mortgage loan from The Prudential Insurance Co. of America. T

With the DRI award, New Rochelle will connect its evolving and prosperous city center with the mile-long Lincoln Avenue Corridor that contains mixed-income residential housing, a newly renovated hospital, green space, a Metro North Train Station and part of the city's Arts and Cultural District.

The Westchester County Industrial Development Agency granted a resolution of intent to provide more than $5 million in incentives for the Rose Associates' project to redevelop 440 Hamilton Ave. into a mixed-use property.

Triple Five acquired the 105-acre campus earlier this year in a bank-ruptcy auction for $14 million. Triple Five is planning to redevelop the Shirley, Long Island campus into an aviation education and re-search center.

The project at 12 Mountfort St. will be the first major office building to be constructed in Downtown Portland in the last quarter century and will be a major economic catalyst for the region as Vets First Choice expects to ramp up hiring here.