Pinnacle sells affordable housing in West Palm to Fairfield Residential

Sunday Jul 28th, 2019


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]

Hourly Wage Needed to Rent a 2-Bedroom Home in Every State

Monday Jul 15th, 2019


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]

Minto starts building Westlake sales center

Monday Jun 5th, 2017


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]