By Bisnow – December 19, 2023
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, offering affordable rents, including units for those with incomes as low as 28% of the area median income. Groundbreaking is slated for January with an estimated completion date in mid-2025.
