Time Equities Inc. (TEI), a diversified real estate investment and development firm founded in 1966, today announced the launch of a $95.3 million tenant-in-common investment offering for Octavia, an eight-story, 465-unit Class A multifamily community under construction in downtown Boynton Beach, Florida.
The offering is available exclusively through TEI’s affiliated managing broker-dealer, Time Equities Securities LLC (TES), a FINRA member, and is being offered pursuant to Rule 506(c) of Regulation D exclusively to verified accredited investors. The offering has been structured to accommodate accredited investors seeking replacement property for Section 1031 and 1033 exchanges.
“We pursue residential development in markets where predicted long-term demographic trends, employment growth and housing demand support the opportunity for durable value creation,” said David Becker, chief equity strategist at Time Equities. “Palm Beach County continues to demonstrate those characteristics, and Octavia reflects our conviction through a significant sponsor investment alongside our investment partners.”
Octavia occupies a four-acre city block within Boynton Beach’s Town Square district and is situated approximately five blocks from Interstate 95 and the Intracoastal Waterway and one mile from the Atlantic Ocean. Having broken ground in September 2026, the development features 6,500 square feet of retail space, a 1,005-space parking garage and approximately 50,000 square feet of private amenities.
The Octavia project team includes MSA Architects, ID & Design International, Kast Construction, Kimley-Horn and Willow Bridge Property Management, all of which are among the market leaders in their respective disciplines. TEI worked successfully with this team to design and develop CasaMara, a 300-unit, mixed-use community in West Palm Beach, Florida.
“Octavia combines institutional-quality real estate, an identified replacement property for 1031 exchange investors, current income through a net lease type structure and meaningful sponsor alignment,” said Alex Anderson, senior director at Time Equities. “We believe it provides accredited investors and their advisors with a differentiated alternative to traditional 1031 DST/UPREIT products.”
