Multifamily Developer Pinnacle Expands Footprint Throughout Florida With Addition Of Seasoned VP Of Development
By CRE Sources – September 12, 2023 Pinnacle is excited to announce Alex Arostegui has joined as Vice President of Development. Alex will oversee Pinnacle’s multifamily and mixed-use projects across Florida. He has extensive experience managing large-scale multifamily developments and previously worked for The Morgan Group, where he led four major projects totaling over 1,400 units. […]
Pinnacle 441 Second Phase Starts Construction At 6028 Johnson Street, Hollywood, FL
By Florida YIMBY – September 1, 2023 Florida YIMBY reports that construction is set to begin soon at the second phase of Pinnacle 441 in Hollywood, Florida, providing more affordable housing for South Florida. The construction of these 100 additional units is expected to be completed in approximately 16 months, with a target completion date set […]
The Wolfson Family receives United Way’s highest honor
By Community News Releases – April 23, 2023 The Wolfson family has been philanthropically supporting education, healthcare, affordable housing, and the arts in Miami for over 100 years. Their dedication has earned them the 2023 Tocqueville Award for Outstanding Philanthropy, United Way of Miami’s highest honor, Miami’s Community News reports. Led by Colonel Mitchell Wolfson, the […]
Pinnacle Nabs $89M for Affordable Development in Miami-Dade
By Commercial Observer – April 14, 2023 Miami-based developer Pinnacle has secured financing to develop an affordable housing, garden-style project in the Miami-Dade County, Commercial Observer reports. The development, Pinnacle at Tropical Pointe, will consist of six buildings with 215 units, a fitness centre, a swimming pool and co-working spaces. All the apartments will be […]
Developer breaks ground on Miami-Dade apartments with $72 million in financing
By South Florida Business Journal – April 14, 2023 Pinnacle has secured $72.3 million in financing to develop an affordable housing community in the Princeton neighborhood of Miami, the South Florida Business Journal reports. Pinnacle at Tropical Pointe will consist of 215 affordable apartments spread across six garden-style buildings. These units will cater to residents […]
The Wolfson Family Receives United Way’s Highest Honor for its Outstanding Philanthropy
By CityBiz – April 10, 2023 The Wolfson family in Miami has been recognized with the 2023 Tocqueville Award for Outstanding Philanthropy by United Way of Miami, CityBiz reports. The family has been involved in philanthropy for over 100 years and has focused on supporting education, healthcare, affordable housing, and the arts. The award acknowledges […]
Pinnacle Secures Financing And Breaks Ground On 215-Unit Affordable Housing Project In Princeton, Miami-Dade County
By Florida YIMBY – April 6, 2023 Pinnacle has recently begun construction on an affordable housing development called Pinnacle at Tropical Pointe in the Miami neighborhood of Princeton, Florida YIMBY. The project is set to include 215 units consisting of one- to four-bedroom apartments. The development will offer amenities such as a swimming pool, fitness […]
Pinnacle Secures $72M for Affordable Housing Project in Miami
By GlobeSt.com – April 6, 2023 Pinnacle has secured $72.3 million in financing for the development of Pinnacle at Tropical Pointe, an affordable housing project in Miami-Dade County’s Princeton neighborhood, GlobeSt reports. The development will include 215 units, with one- to four-bedroom apartments spread across six garden-style buildings. The project is designed to accommodate households […]
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 239 […]
DeSantis signs bill to fund affordable housing, spur massive redevelopment
By South Florida Business Journal – March 30, 2023 Florida governor Ron DeSantis has announced a plan to invest in the development of affordable housing. The goal is to create additional affordable housing in order to address the state’s housing shortage and rising housing costs, the South Florida Business Journal reports. Senate Bill 102, aka […]
