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]

Lion Country Safari, which has been operating in western Palm Beach County for half a century, could be sold to an animal conservationist, a spokeswoman for the park said Monday. The owners of the drive-through safari and amusement park are weighing details of the sale — a deal that could be finalized late next month, spokeswoman Jennifer Berthiaume said. “They are working through details,” Berthiaume said. “It is possible that it will be sold …We hope to... [read more]