You are visiting a page on our global site but we noticed that you are in United States.
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield to Acquire Multifamily Property Management Leader Pinnacle Property Management Services

3/2/2020
CHICAGO - Cushman & Wakefield (NYSE: CWK) announced today the completion of its acquisition of Pinnacle Property Management Services, LLC, the third largest multifamily property management firm in the U.S. The acquisition establishes a foothold for Cushman & Wakefield across 20 key U.S. multifamily markets and significantly enhances the firm’s ability to meet the ever-growing demand for fully integrated real estate services from multifamily investors.

“It’s an exciting time at Cushman & Wakefield as we expand our ability to provide a full complement of services to our investor clients in the multifamily space,” said Marla Maloney, President, Asset Services, Americas. “We welcome our new team and look forward to integrating our industry-leading platform with Pinnacle’s proven expertise to seamlessly execute our clients’ multifamily investment strategies.”

Pinnacle manages more than 169,000 units across 839 properties for a variety of top multifamily owners including institutional, private and foreign investors; financial institutions; pension funds; private partnerships; sole owners; and government housing groups. As part of Cushman & Wakefield’s Americas Asset Services business, Pinnacle will gain access to a deeper platform and increased scale across the nation.

“We are excited to continue our commitment to delivering exceptional value to our clients as part of Cushman & Wakefield,” said Rick Graf, Pinnacle President & CEO. “Our aligned client-centric focus and combined strength in people, resources and client relationships presents growth opportunities for all involved in the acquisition.”

Cushman & Wakefield’s Americas Asset Services platform provides comprehensive property management services to corporate, institutional and private commercial real estate investors, with services that include transitions, accounting and financial reporting, engineering operations, tenant experience, sustainability and energy management, and project and development services.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

RELATED INSIGHTS

Sofia by night
MarketBeat • Economy

Bulgaria MarketBeat

Cushman & Wakefield MarketBeat reports analyse quarterly Bulgaria commercial property activity across office, retail and industrial real estate sectors including supply, demand and pricing trends at the market and submarket levels.
5/12/2022
globe outlook investment
Insights • Economy

Webinar | Nearing the Other Side of the Pandemic: What’s Next?

Join Chief Economist Kevin Thorpe and our global research leaders as they discuss key themes and share their outlook for the economy and for the commercial real estate industry around the world in 2022 and beyond.
2/4/2022
112021DCInstantInsightcard

Instant Insight: Data Center Success Leads to Sustainability Questions

As data centers thrive worldwide, questions are being asked about sustainability and environmental impact.
Andrew Fray • 11/9/2021

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS