Live Breaking News & Updates on Boca Raton Based Compson Associates

There s a new trend afoot: newly built, single-family houses that are for rent only.
In the latest twist on the housing market, builders and analysts say the trend, prevalent in the western United States, is moving east, including into Florida.
NexMetro Communities, a national home builder based in Arizona, is building a rental residential community in Tampa, and the company is eying Palm Beach County, too. NextMetro builds detached one- and two-bedroom single-family houses, and one-bedroom villas.
Meanwhile, plans are afoot to sell the closed Mizner Trail golf course in Boca Raton to an unnamed developer who plans single-family rental houses, according to housing analyst Brad Hunter. The golf course, now owned by Boca Raton-based Compson Associates, once was slated for 252 townhomes and apartments, but the project never was built. ....

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