CONTRACTRECOMMENDED

New College BankUnited Housing Financing Recommended

Florida Board of Governors Facilities Committee | State of Florida logoFlorida Board of Governors Facilities Committee | State of Florida
Disclosed value
Approximately $40M total: $28.57M 30-year taxable note and $11.43M 10-year tax-exempt note
From staffreport
Document date
Nov 3, 2026
Renews
Free account

The 30-second brief

What it covers

The Board of Governors staff recommends authorizing New College of Florida’s proposed approximately $40 million BankUnited financing. The financing includes a $28.57 million taxable note for the Atala Hall acquisition and an $11.43 million tax-exempt note to refinance housing debt, with mandatory tender expected in late 2032.

Who holds it

BANKUNITED holds this financial services contract with Florida Board of Governors Facilities Committee | State of Florida. Its other public contracts on record include work for Florida Board of Governors, State University System of Florida | State of Florida and New College Of Florida.

What happens next

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Contract details

Contract type
Financial Services
Amount
Approximately $40M total: $28.57M 30-year taxable note and $11.43M 10-year tax-exempt note
Document date
November 3, 2026
Term
30 years for the $28.57M taxable note; 10 years for the $11.43M tax-exempt note; mandatory tender in late 2032 unless extended
Renews
On record
Source document
State University System of Florida Board of Governors Staff Report Student Housing Transfer & Refinancing 2026-11-03 (StaffReport)

BANKUNITED's other public contracts

More Florida Board of Governors Facilities Committee | State of Florida contracts

Questions about this contract

Who was awarded the financial services contract by Florida Board of Governors Facilities Committee | State of Florida?

BANKUNITED was awarded this financial services contract by Florida Board of Governors Facilities Committee | State of Florida, as recorded on November 3, 2026. The contract value is Approximately $40M total: $28.57M 30-year taxable note and $11.43M 10-year tax-exempt note.

How much is the BANKUNITED contract with Florida Board of Governors Facilities Committee | State of Florida worth?

The BANKUNITED contract with Florida Board of Governors Facilities Committee | State of Florida is valued at Approximately $40M total: $28.57M 30-year taxable note and $11.43M 10-year tax-exempt note, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in State University System of Florida Board of Governors Staff Report Student Housing Transfer & Refinancing 2026-11-03 (StaffReport), dated November 3, 2026 from Florida Board of Governors Facilities Committee | State of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does BANKUNITED hold?

BANKUNITED may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Florida Board of Governors Facilities Committee | State of Florida currently buying?

Explore Florida Board of Governors Facilities Committee | State of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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