Ram and Pinnacle Break Ground on New Luxury Residential Complex Adjacent to Brightline Aventura Station
Pinnacle and Ram Realty Advisors have broken ground on Aventana, a 16-story, 334-unit luxury residential community located steps from the Brightline Aventura Station and Aventura Mall. The project will include a mix of one-, two-, and three-bedroom apartments, with 10% reserved as workforce housing. “This project brings together location, luxury, and lifestyle in a way […]
Santander Provides $88M to Build Apartments Near Aventura Mall in South Florida
Commercial Observer reports that Pinnacle, in partnership with Ram Realty Advisors, has secured an $88.3 million construction loan from Santander Bank to build Aventana, a 16-story, 334-unit residential development in Miami-Dade’s Ojus neighborhood. Located just west of Aventura Mall and steps from the Brightline station, Aventana will include more than 354,000 square feet of rental […]
Developers break ground on apartments near Brightline station with $88M loan
South Florida Business Journal reports that Pinnacle, in partnership with Ram Realty Advisors, has secured $88.3 million in construction financing from Santander Bank for Aventana, a 334-unit residential community in North Miami-Dade. Designed as a 16-story tower in a prime transit-oriented location, Aventana will feature more than 354,000 square feet of thoughtfully designed apartments, including […]
Developer hires new CEO for affordable housing division
Pinnacle has welcomed Max Cruz as its new Chief Executive – Affordable Housing, marking a key addition to the company’s leadership team. With more than 25 years of experience and over 5,500 homes delivered across Florida, Cruz brings deep expertise in both affordable and market-rate housing. His appointment represents an important step forward as Pinnacle […]
Coraly Rodriguez, Partner, Pinnacle
In an interview with Invest: Greater Fort Lauderdale, Pinnacle Partner Coraly Rodriguez emphasized the urgent need for affordable housing in South Florida, where demand continues to outpace supply. Coraly pointed to the overwhelming response to Pinnacle 441 Phase 2, which received more than 10,000 applications for just 100 available units, as a clear indicator of […]
This Week’s South Florida Deal Sheet: Miami-based Pinnacle celebrated the opening of its 215-unit affordable housing community in South Miami-Dade County
Bisnow reports on the opening of Pinnacle at Tropical Pointe, Pinnacle’s newest affordable housing community located at 25155 SW 136th Avenue in South Miami-Dade County. The development adds 215 garden-style apartments across six buildings, offering one- to four-bedroom units for residents earning up to 60% of the area median income (AMI). The community features a […]
Pinnacle Opens 215-Unit Affordable Housing Community in South Miami-Dade County
REBusiness Online reports that Pinnacle has opened Pinnacle at Tropical Pointe, a 215-unit affordable housing community located at 25155 SW 136th Avenue in Princeton, in south Miami-Dade County. The garden-style development spans six buildings and offers one- to four-bedroom apartments for residents earning up to 60% of the area median income (AMI). Residents have access […]
Building Beyond the Barriers
The South Florida Business Journal recently reported on the ongoing challenges facing workforce housing development in South Florida, from rising construction costs to financing gaps and zoning barriers. The article also examines the promise of the Live Local Act, which aims to accelerate housing production but has yet to deliver results at scale due to […]
Pinnacle Advances 196-Unit Live Local Affordable Housing Project in Fort Lauderdale
The Real Deal reports that the Fort Lauderdale City Commission has approved a $640,000 loan commitment to support the next phase of Pinnacle at Cypress, Pinnacle’s 196-unit affordable housing community bringing together seniors and workforce residents under the vision of Florida’s Live Local Act. Pinnacle at Cypress Phase Two will feature 96 rent-controlled workforce apartments, […]
Miami-Dade Mural Turns Affordable Housing Into a Work of Art
Estilos Media reports that Pinnacle has unveiled a new mural at Pinnacle at Tropical Pointe, created by acclaimed Venezuelan artist Gabriela Benatar. This latest addition to Pinnacle’s Art in Public Places initiative transforms the community’s exterior with lush botanical-inspired designs that celebrate nature and inspire connection. “Art plays such an important role in our communities […]
