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Pinnacle Post - Commercial Real Estate in Denver

Pinnacle Real Estate Advisors provides up-to-date information on commercial real estate news in Denver. Our commercial real estate blog delivers market data and market trends for all product types including: office, industrial, multifamily, land, retail and student housing.

Pinnacle Real Estate Advisors Congratulates our DMCAR Heavy Hitters of 2015

Posted on Mon, Mar 07, 2016

pinnacle_logo.jpgPinnacle Real Estate Advisors, LLC would like to congratulate our brokers that have been selected as Heavy Hitters by the Denver Metropolitan Commercial Association of Realtors, better known as DMCAR.  Each year, DMCAR honors the top ten commercial real estate producers in land, industrial, multi-family, office, investment, retail and small office broker categories. These top producers are known as the Heavy Hitters.

In addition, to naming Heavy Hitters, DMCAR also recognizes the top Young Brokers as well the Top Landlord companies in the office, retail and industrial categories. 

DMCAR is one of the oldest and largest commercial real estate trade associations in the United States.  Consisting of over 2,000 commercial real estate professionals, DMCAR provides timely industry information, effective political advocacy, and the professional designations needed to provide the best possible service to your clients.

“The DMCAR Awards allow us to honor our commercial real estate brokers that are top performers in their area of expertise and we are proud of our top producers,” stated Matt Ritter, Principal at Pinnacle Real Estate Advisors.

Pinnacle Real Estate Advisors had three brokers recognized as Heavy Hitters in the multi-family product type:  Jules Hochman (Senior Advisor, Pinnacle Real Estate Advisors Top Producer 2015), Justin Brockman (Senior Advisor, Pinnacle Real Estate Advisors Top Producer 2015) , and Josh Newell, (Senior Advisor).

Pinnacle had one broker recognized as a Heavy Hitter in the land product type. Billy Riesing (Senior Advisor) was recognized number five.

In the Young Broker category, one Pinnacle Real Estate broker was recognized.  Scott Fetter, Senior Advisor at Pinnacle, was selected for the number six spot.

“Our top sales professionals have worked very hard this past year and we celebrate all of their achievements.  Since our inception in 2007, Pinnacle has experienced tremendous growth in all product types and we couldn’t achieve this without our amazing brokers and staff,” stated Jeff Johnson, Principal at Pinnacle Real Estate Advisors.

Tags: Scott Fetter, JB Hochman, pinnacle real estate advisors, Billy Riesing, Josh Newell, DMCAR Heavy Hitters, DMCAR, Justin Brockman

Pinnacle Real Estate Advisors Tops its Best Year

Posted on Mon, Jan 18, 2016

pinnacle_logo.png

The company closed 356 deals valued at more than $500 million 

It was another record-breaking year for Pinnacle Real Estate Advisors, which saw its sales and lease volume skyrocket 39 percent over the previous year’s $366 million record.

Pinnacle’s 39 brokers closed 356 deals valued at $508.6 million. The number of transactions also was up 16 percent from the 307 completed in 2014. 

“Denver’s commercial real estate market is stronger than ever,” said Matt Ritter, principal and co-founder of Pinnacle. “Our stellar team of brokers was able to capitalize on the strong market, propelling Pinnacle to its best year ever.” 

The lion’s share of the volume Pinnacle recorded came from sales. The company completed 245 transactions totaling 1.4 million square feet with a value of $461.8 million. It completed 111 leases for 315,819 square feet of space and a value of $46.7 million. Pinnacle, which will celebrate its 10th anniversary in 2016, also garnered more than half of the market share in the sales of apartment properties between five and 200 units in the five-county metro area. 

Pinnacle’s rapidly growing business prompted Ritter and co-founder Jeff Johnson to create a new position to take the company to the next level, hiring real estate veteran James Mansfield as vice president managing director. 

“We need someone to oversee Pinnacle’s day-to-day operations so we can focus on new initiatives,” Johnson said. “James has been a great addition to the team. He supports the brokers and staff and is charged with growing the organization in numbers, depth, geographic and specialty practice groups.”

Tags: Commercial Real Estate Denver, pinnacle real estate advisors, Denver Commercial Real Esate, Commercial Real Estate Brokers

Pinnacle Real Estate Advisors Would Like to Congratulate Our Top Brokers of 2015

Posted on Fri, Jan 08, 2016

pinnacle_logo.jpgPinnacle Real Estate Advisors, LLC would like to congratulate Jules Hochman and Justin Brockman, both  Senior Advisors,  in receiving this year’s Top Producer award.  In 2015, the Hochman Brockman team closed 39 deals with a sales volume of $181.9 million.  Their largest transaction this year was the American Housing Preservation Portfolio, which sold for $50.7 million. Jules and Justin also earned the Top Multifamily Broker award.  “The Hochman Brockman Team’s hard work and persistence helped produce outstanding results for all of their clients this past year,” stated James Mansfield, Vice President Managing Director.

Mark Goodman, Senior Advisor with the Goodman Schneider Team, was awarded the 2015 Top Industrial Broker award.  In 2015, Mark completed 20 sales for a total sales volume of $18.8 million. His largest deal this year was 6270 Joyce Drive, which sold for $3.1 million. Mark has been awarded the Top Industrial Broker Award five years in a row.

The Top Office Broker award went to Jeff Caldwell and Blake Holcomb with the Caldwell Holcomb Team.  In 2015, Jeff and Blake completed 48 sale and/or lease transactions with a total deal volume of $41.8 million.  

Justin Krieger was awarded the Top Retail Broker award.  He completed 19 sale transactions this year with a total sales volume of $20.8 million. His largest transaction of the year is the sale of Woodlake Center  which sold for $3.0 million.

The Most Improved Broker award went to two brokers this year, Billy Riesing and Thomas Graeve.  In 2015, Billy Riesing closed 12 deals with an average deal size of $1,058,263. Thomas Graeve closed 12 deals with an average deal size of $782,671.

“All of our brokers worked extremely hard this past year to capitalize on the strong Denver commercial real estate market. We are proud of all of their accomplishments,” stated Matt Ritter, Principal. 

Tags: Justin Krieger, Mark Goodman, JB Hochman, pinnacle real estate advisors, Billy Riesing, Thomas Graeve, Jeff Caldwell, Blake Holcomb, Justin Brockman, Top Producers 2015

Pinnacle Real Estate Advisors Hands Out Toys at the Denver Santa Claus Shop

Posted on Fri, Dec 11, 2015

Denver_SantaClausShop_logo.pngPinnacle Real Estate Advisors, LLC spent the afternoon handing out toys to children and families at the Denver Santa Claus Shop. The Denver Santa Claus Shop's mission is that every child has a toy for Christmas. 

To learn more about the Denver Santa Claus Shop, click here

Tags: pinnacle real estate advisors, Pinnacle Volunteers, Denver Sasnta Claus Shop

Pinnacle Real Estate Advisors is Pleased to Welcome James Mansfield

Posted on Fri, Nov 20, 2015

James_Mansfield-1.jpgBy: Colorado Real Estate Journal 

Pinnacle Real Estate Advisors, LLC, is pleased to announce that James Mansfield has joined our team in a new position as Vice President Managing Director.

“Our rapid growth demands that we have someone to oversee Pinnacle’s day-to-day operations so we can focus on new strategic initiatives,” said Matt Ritter, who co-founded Pinnacle with Jeff Johnson 10 years ago. “James has a great reputation in the commercial real estate community and the experience of working with some of the most respected brokerage teams in the business. His role is to support the current brokers and staff and grow the organization in numbers, depth, geographic and specialty practice groups.”

Mansfield joins Pinnacle from Cushman & Wakefield, where was senior managing director and market leader since 2011. He previously served as director of real estate development for Opus Northwest LLC and director of leasing at Brookfield Office Properties.

“Pinnacle Real Estate Advisors is an entrepreneurial, client-focused company, and I’m looking forward to supporting the company’s outstanding team of brokers,” said Mansfield. “Even as a local brokerage firm, Pinnacle competes effectively with national firms. I’ve been watching this company for a while, and I’m looking forward to working with them.”

Pinnacle was founded in 2006 with seven people packed into a small subleased space. It has expanded to include 39 brokers and 13 staff members who specialize in all aspects of commercial real estate. This year the company is on track to complete 379 transactions valued at more than $545 million, an increase of 30.5 percent over 2014, while garnering more than 50 percent market share in sales of apartment properties from five to 200 units in the five-county Denver metro area. Affiliate Pinnacle Real Estate Management manages 1,818 apartment units, up from 1,600 in 2014, as well as 600,000 square feet of commercial space.

Ritter and Johnson attribute the company’s growth to the consistency of its brokerage team and staff. Pinnacle Real Estate Advisors prides itself on providing a professional and enjoyable culture that encourages collaboration. Brokers have access to a shared database, an anomaly in the commercial real estate industry.

“Our brokers and staff are pivotal to Pinnacle’s success and growth,” said Johnson. “We created a high-energy, family oriented culture unlike any other firm in town, based on integrity, hard work, professionalism, a heavy dose of entrepreneurialism and lots of fun.”

Consolidation among larger commercial real estate companies has created a great space for local firms like Pinnacle, according to Mansfield. “It’s allowed Pinnacle to win and execute  institutional business while maintaining the predominately private capital business that they have foraged in and dominated,” he said.

While Pinnacle’s roots are in multifamily brokerage, Mansfield said over the past five years its office, industrial and retail business has taken off He anticipates adding more depth in those areas, as well as in the area of land brokerage.

 

Tags: pinnacle real estate advisors, Jeff Johnson, Matt Ritter, James Mansfield

Pinnacle Real Estate Advisors is Hiring a Transaction Manager

Posted on Tue, Nov 10, 2015

Transaction Manager needed for Pinnacle Real Estate Advisors, a local, high growth, dynamic, energetic commercial real estate firm.

This Transaction Manager is a key member that must be dedicated to providing exceptional support and critical thinking. Looking for a strategic and self-motivated candidate with an entrepreneurial spirit and career-driven mindset. Must be a hardworking, trustworthy, and organized person, with a strong ability to multi-task. A can-do attitude is a must, along with the ability to learn quickly and adapt to a demanding and changing work environment.

View Full Job Description Here

Tags: pinnacle real estate advisors, Commercial Real Estate Job Denver, Transaction Manager Denver

Pinnacle Real Estate Advisors is Pleased to Announce James Mansfield has Joined our Team

Posted on Wed, Nov 04, 2015

By Jill Jameson, Colorado Real Estate Journal

Denver commercial real estate veteran James Mansfield has joined Pinnacle Real Estate Advisors in a new position created as a result of the company’s growth.

“Our rapid growth demands that we have someone to oversee Pinnacle’s day-to-day operations so we can focus on new strategic initiatives,” said Matt Ritter, who co-founded Pinnacle with Jeff Johnson 10 years ago. “James has a great reputation in the commercial real estate community and the experience of working with some of the most respected brokerage teams in the business. His role is to support the current brokers and staff and grow the organization in numbers, depth, geographic and specialty practice groups.”

Click Here to Read More | CREJ 

Tags: Denver Commercial Real Estate, pinnacle real estate advisors, James Mansfield

Pinnacle Real Estate Advisors, LLC Named 2015 Top Brokers By National Real Estate Investor

Posted on Tue, Sep 29, 2015

Pinnacle Real Estate Advisors, LLC has been named a 2015 Top Brokers  by National Real Estate Investor (NREI).  Nationally, it was another robust year for commercial real estate brokerage firms. Most firms saw an increase in both leasing and sales activity over the past year allowing significant growth in revenues.

Pinnacle Real Estate Advisors ranked 27th nationally in the National Real Estate Investor’s 2015 Top Broker survey, with a global transaction volume of $365,780,130. In order to be selected as a top firm, a survey was done asking brokerage firms to provide their total dollar volume of sale and lease transactions. They are then ranked against other commercial brokerage firms on a national level.

 “We are honored to earn a spot as a top firm by National Real Estate Investor.  Pinnacle Real Estate Advisors has a great team of brokers and staff who work hard throughout the year and we are proud of their accomplishments,” stated Matt Ritter, Principal at Pinnacle Real Estate Advisors.

The complete list of 2015 Top Broker Firms can be found at http://nreionline.com/rankings/2015-top-brokers.

Tags: pinnacle real estate advisors, National Real Estate Investor, Top Brokers 2015

Pinnacle Volunteers at 3rd Annual Paint-a-Thon

Posted on Mon, Jul 13, 2015

On Friday, Pinnacle Real Estate Advisors, LLC spent the day volunteering at Brother’s Redevelopment 37th annual Paint-A-Thon and painted a home for an elderly woman in Central Denver.  This is Pinnacle’s third year in participating in the Paint-A-Thon with Brothers Redevelopment. Brother’s Redevelopment Paint-A-Thon works with sponsors to help paint the homes of income-qualified senior and disabled homeowners in cities across the Front Range.

Paint-a-Thon

Tags: pinnacle real estate advisors, Community Outreach, Brother's Redevelopment Paint-A-Thon, Volunteering

Pinnacle Real Estate Advisors is Hiring a Receptionist/Marketing Assistant

Posted on Mon, May 04, 2015

Receptionist/Marketing Assistant needed for a local, high growth, dynamic, energetic commercial real estate firm.

Looking for a hard working, trustworthy, and organized person, with a strong ability to multi task. A can‐do attitude is a must, along with the ability to learn quickly, and adapt to a demanding and changing work environment.

View Full Job Description Here

Tags: pinnacle real estate advisors, Marketing Assistant, Receptionist, Commercial Real Estate Job Denver, Denver Commercial Real Estate Job

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