Shutterstock Unless you've lucked out with a dream subsidized housing scenario or managed to scoop up a beautiful home for $1, you're probably less-than-stoked at the size of the rent check you have to cut every month. That's especially true if you live in a market where real estate prices have skyrocketed in recent years. In fact, the harsh reality is that there's not a single state, county, or city in America where a full-time worker... [read more]

Affordable housing developer Pinnacle sold an affordable housing complex in West Palm Beach for $19.7 million, signaling the growing investor demand for affordable housing in South Florida. San Diego-based Fairfield Residential acquired Abbey Park, a 160-unit community at 1921 Abbey Road, for about $123,000 per unit, records show. –– ADVERTISEMENT ––       The property features 11 two-story buildings with a mix of 112 two-bedroom units and 48... [read more]

Rendering of Sales Center Current aerial photo of Sales Center Minto Communities has started building the sales center for Westlake, a master-planned community in central Palm Beach County where the company plans to build 4,600 homes and 2.2 million square feet of commercial properties. Minto expects to finish the 9,378-square-foot sales center by fall, which would coincide with the launch of Westlake home sales. The Westlake sales center will feature interactive displays of... [read more]

Minto Communities began construction of six model homes at Westlake, a 3,800-acre master-planned community that became the newest municipality in Palm Beach County about a year ago. Minto expects to finish the fully furnished model homes to coincide with the grand opening of the Westlake sales center in fall. Minto’s models will serve as examples of its Cypress Collection and its Indigo Collection. The Cypress Collection encompasses homes with 14 floor plans ranging in size from... [read more]