Pinnacle Property Management Services, LLC
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Pinnacle Property Management Services, LLC - overview
Established
1980
Location
Addison, TX, US
Primary Industry
Business Support Services
About
Pinnacle Property Management Services, LLC specializes in residential property management, focusing on enhancing community living through tailored management solutions and resident engagement strategies across multifamily properties. Pinnacle Property Management Services, LLC offers professional property management services to multifamily communities. Founded in 1980 and headquartered in Addison, US, the company was acquired by Cushman & Wakefield, Inc. in March 2020, a transaction that was finalized shortly after the agreement in February 2020.
The CEO is Bldr Areladia. Pinnacle Property Management Services, LLC delivers comprehensive residential property management services aimed at developing efficient and engaging multifamily communities. Their primary offerings include customized property management solutions, operational support, and resident engagement strategies, catering to property owners, investors, and tenants. The company oversees a considerable portfolio of 178,000 units, with significant operations in major US markets such as Chicago, IL, Farmers Branch, TX, and Dallas, TX.
Pinnacle Property Management Services, LLC generates revenue through multifamily property management services, structured to serve a diverse clientele of individual investors and larger property owners. Their business model typically involves service contracts that may comprise a percentage of rental income or fixed management fees. While specific pricing details are proprietary, the company emphasizes creating mutually beneficial partnerships with property owners to support long-term relationships in the residential property management sector. Looking forward, Pinnacle Property Management Services, LLC aims to expand its services by developing new management solutions designed to enhance resident engagement and operational efficiency.
The company is also targeting growth in additional geographic markets across the United States. Following the acquisition by Cushman & Wakefield, Inc. , the recent financial backing is expected to support these initiatives, although specific funding amounts have not been disclosed.
Current Investors
Cushman & Wakefield, Inc.
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.pinnacleliving.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pinnacle Property Management Services, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Pinnacle Property Management Services, LLC | - |
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