Pinnacle Secures $41M in Permanent Financing for Affordable Senior Housing in Broward County

Pinnacle has announced that they have secured over $40 million in financing for their 110-unit community for seniors, Pinnacle at La Cabaña, in Miramar. This was made possible through strong partnerships with Bank of America, Neighborhood Lending Partners, Florida Housing Finance Corporation, City of Miramar, and United Way of Broward County. “Seniors are among the […]

This Week’s South Florida Deal Sheet

Pinnacle has secured over $40 million in financing for their 110-unit community, Pinnacle at La Cabaña, in Miramar. This was made possible through strong partnerships with Bank of America, Neighborhood Lending Partners, Florida Housing Finance Corporation, City of Miramar, and United Way of Broward County. The project features one and two-bedroom apartments with senior-focused amenities, […]

Pinnacle scores $41M in construction financing for Miramar senior housing project

Pinnacle has secured over $40 million in financing for their 110-unit community, Pinnacle at La Cabaña, in Miramar. Bank of America granted a $27.3 million housing tax credit to support construction. The project received additional funding from various sources, including a $5.6 million mortgage from Neighborhood Lending Partners, $4.3 million from Florida Housing Finance Corp., […]

Pinnacle proposes apartments near future transit station in North Miami

By South Florida Business Journal – March 31, 2023   Pinnacle has proposed an eight-story apartment complex in North Miami on a 1.59-acre site at 12616 Arch Creek Road and 1486 N.E. 127th St. in the Transit Station Overlay District, the South Florida Business Journal reports. The project, the Arch Creek Station apartments, would include […]

Wolfson family receives United Way of Miami’s highest honor

By Channel 7 WSVN – March 28, 2023   The Wolfson family has been honored by the United Way of Miami with the prestigious Tocqueville Award for their philanthropic work in the community, WSVN reports. The Wolfsons have a long-standing history of supporting various charitable causes in Miami-Dade, such as healthcare, education, and the arts. The […]

‘Walkway of Peace’ Sidewalk Mural in Wynwood Shows Solidarity With Ukraine

You can contribute to the mural through an Airbnb experience NBC Miami | Cristian Benavides | March 30, 2022[Updated on March 30, 2022, 7:36 pm] A growing sidewalk mural in solidarity with Ukraine is being painted in Wynwood — and its creators are encouraging people to participate. The show of solidarity from the people in Miami to […]