Pinnacle Achieves Top NMHC 50 Spot for Second Year in a Row

SEATTLE, April 13 /PRNewswire/ -- Pinnacle Family of Companies, with Executive Headquarters in Seattle, held its position as largest U.S. Apartment Manager in the National Multi Housing Council's NMHC 50 rankings released April 7. Pinnacle retained its number one spot with 183,877 total units managed as of January, 2010.

The National Multi Housing Council has been compiling its list of top 50 managers since 1990. The Washington D.C. based organization supports promotion of the apartment industry's growth and positive public image and works with federal, state and local government to help shape industry legislation.

Pinnacle has strengthened its infrastructure over the last three years and has weathered the challenging economic downturn by reorganizing leadership, consolidating regional structure, and implementing prudent cost cutting measures. Rick Graf assumed the role of company President in September 2008 and has centralized national support to Dallas.  

"We are a leaner, stronger organization," said President Rick Graf, "Our people are resilient professionals who have seamlessly increased productivity through improved utilization of resources, and our clients are benefiting."

Pinnacle promises continued improvements to its service and its organization in 2010, building on its emphasis of providing excellent customer service, increasing profits for its clients, leveraging technology and attracting and retaining the best employees.

About Pinnacle Family of Companies

The Pinnacle Family includes Pinnacle, the nation's leader in multifamily property management, managing a portfolio of multi-family and commercial assets valued at nearly $22 billion, with over 5,000 employees in 42 states and seven countries. The Family also includes Pinnacle Capital, Pinnacle Global Capital, Pinnacle Development and a number of other investment equity and service providers. For more information, visit PinnacleAMS.com.

SOURCE Pinnacle