A Big Equity Check For All Aboard Florida? Maybe

Hopes for completing the All Aboard Florida (AAF) passenger rail project turned sharply up following Prime Minister Abe’s visit with President Trump in Florida this month. Within days, Japan’s SoftBank Group announced a $3.3-billion all-cash purchase of Fortress Investment Group, the main investor in the $3-billion AAF project, which will include real estate development around stations in Miami, West Palm Beach, Cocoa and Orlando Airport.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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