While 89 percent of millennial renters say they plan to buy a home someday, just 4 percent expect to buy in 2019 and 30 percent say they will wait at least five years, according to a new survey by Apartment List, a rental property database. For most of the millennials in the survey, affordability is the biggest obstacle for their purchase, cited by 72 percent. While cash needs are the paramount...
Orlando-based design-build company Finrock and developer One Eleven Residential will break ground in March on the $50 million luxury apartment building in Ivanhoe Village now simply known as the Lake House Apartments. The nine-story tower across from Lake Ivanhoe will feature 252 units above 34,900 square feet of office space and 2,563 square feet of restaurant space. The luxury residences will...