CONTRACTRECOMMENDED

New College Seeks $47.5M Student Housing Debt Authorization

Florida Board of Governors Facilities Committee | State of Florida logoFlorida Board of Governors Facilities Committee | State of Florida
Disclosed value
Up to $47.5M in debt, including $28.5M for acquisition of Atala Hall and $15.7M to refinance outstanding student housing debt
From staffreport
Document date
Nov 6, 2026

The 30-second brief

What it covers

The State University System of Florida Board of Governors Facilities Committee is considering authorization for New College of Florida Development Corporation to issue up to $47.5 million in debt through BankUnited and a private investor. The financing would acquire Atala Hall on the University of South Florida Sarasota-Manatee campus and refinance outstanding student housing debt.

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.

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Contract details

Contract type
Financial Services
Amount
Up to $47.5M in debt, including $28.5M for acquisition of Atala Hall and $15.7M to refinance outstanding student housing debt
Document date
November 6, 2026
Source document
State University System of Florida Board of Governors StaffReport Authorization to Issue Debt – New College of Florida 2026-11-13 (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 6, 2026. The contract value is Up to $47.5M in debt, including $28.5M for acquisition of Atala Hall and $15.7M to refinance outstanding student housing debt.

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 Up to $47.5M in debt, including $28.5M for acquisition of Atala Hall and $15.7M to refinance outstanding student housing debt, 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 StaffReport Authorization to Issue Debt – New College of Florida 2026-11-13 (StaffReport), dated November 6, 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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