Cushman & Wakefield to Acquire Dallas-Based Pinnacle Property Management Services

CHICAGO AND DALLAS — Cushman & Wakefield has entered into a definitive agreement to acquire Pinnacle Property Management Services LLC, a Dallas-based apartment management firm. With more than 169,000 units across 839 properties in its operational portfolio, Pinnacle is the third-largest multifamily property management firm in the United States. The firm’s client list includes institutional, private and foreign investors; financial institutions; pension funds; private partnerships; sole owners; and government housing groups. The acquisition will boost Chicago-based Cushman & Wakefield’s management division across 20 key U.S. markets, increasing its overall portfolio to 869 million square feet in North and South America. Rick Graf, president and CEO of Pinnacle, will lead the Americas Multifamily Property Management platform for Cushman & Wakefield. The acquisition is subject to customary closing conditions, including antitrust approvals.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Walker & Dunlop

Subscribe to the newsletter

Webinars on Demand

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties