Toll Brothers inks deal to build apartments near FIU

The student housing division of national homebuilder Toll Brothers has formed a partnership to build an apartment project near Florida International University in Sweetwater.

The Horsham, Pennsylvania-based developer (NYSE: TOL) plans the project on the 1.72-acre site on the southeast corner of Southwest 110th Avenue and Southwest 7th Street. The property at 705 and 795S.W. 110th Ave., 10951, and 10995 S.W. 7th Terrace currently has 22 apartments, which would be torn down. It paid $19 million for…