Verandas of Punta Gorda –
Punta Gorda, FLA
Number of Units
120
Type of Housing
Senior
Development Cost
$23 Million
Financing
9% LIHTC,
HUD Insurance Proceeds,
County SHIP Loan
Investor
Bank of America
Norstar Role
Developer/Owner
Partner
Punta Gorda Housing Authority
Completion Year
Phase I: November 2016
Phase II: February 2017
Norstar Building Corporation Role
General Contractor in conjunction with local contractor
Norstar Accolade Property Management Role
Property Manager
