Pinnacle nabs $89M in construction financing for Princeton affordable rentals

Pinnacle's Louis Wolfson and David Deutch with an aerial of 25155 Southwest 136th Avenue

By The Real Deal – April 17, 2023 Pinnacle has obtained $88.6 million in financing to construct an affordable housing complex in the Princeton neighborhood of Miami-Dade County, The Real Deal reports. Pinnacle at Tropical Pointe project will consist of 215 garden-style apartments in six buildings, with units ranging from one to four bedrooms. The apartments […]

Breaking down Florida’s proposed affordable housing legislation

The Real Deal | Katherine Kallergis | March 6, 2023, 11:30 AM Florida’s proposed affordable housing legislation, aimed at incentivizing developers with major tax breaks and hundreds of millions of dollars in funding, is advancing in the state legislature. Senate Bill 102, known as the “Live Local Act,” and related legislation would be a boon […]

Affordable housing coming to Riviera Beach

City leaders break ground on new development WPTV | Kamrel Eppinger | March 01, 2022, 8:32 PM[Updated March 01, 2022, 7:32 PM] RIVIERA BEACH, Fla. — South Florida’s housing crisis continues to impact hard working families, but now there is hope coming to a local city in Palm Beach County. Riviera Beach broke ground on […]

Affordable housing coming to Riviera Beach

WTXL | Kamrel Eppinger | March 1, 2022 at 7:41 PM CST South Florida’s housing crisis continues to impact hard working families, but now there is hope coming to a local city in Palm Beach County. Riviera Beach broke ground on a new affordable housing complex for low-income families along the revitalized stretch of Broadway […]

New affordable housing in Riviera Beach

CBS12 | Lena Salzbank | March 1, 2022 RIVIERA BEACH, Fla. (CBS12) — The city of Riviera Beach is looking to help families in the midst of our housing crisis, while also revitalizing an important part of downtown. Tuesday, city leaders broke ground on a project that would help bring 110 new affordable units to the […]

Pinnacle to Build Affordable Rentals in Hollywood

Miami-based Pinnacle Housing won approval for the 113-unit Pinnacle 441 and is considering expanding on an adjacent site The Real Deal | By Mike Seemuth | October 15, 2021 10:30 AM Pinnacle Housing got the green light to build an eight-story, affordable apartment complex in the long-neglected U.S. 441 corridor in Hollywood, and may expand the project on […]