Pinnacle Real Estate Management (PREM) offers complete asset management services for multifamily and commercial properties. With a proactive, results-orientated approach that focuses on maximizing asset values, Pinnacle is uniquely qualified to take your property to the next level. Our "hands on" dedication to customer service, strong knowledge of the market, and incredible sense of urgency enable us to deliver outstanding results for our clients. Our transparency in reporting and directional insights will give you the confidence in knowing your valuable assets are in capable hands.
Management Experience
- More than 45 years of combined multifamily management, acquisition, reposition, and commercial finance experience with Class A to C assets in Colorado and Kansas.
- Currently manage 844 apartment units.
- Our clients range from first time buyers to 50 year veterans with 8500 unit portfolios.
- Consistently deliver economic vacancy 2 to 3 times better than the market which means enhanced cash flow and higher rates of return on equity.
Committed to Maximizing Value
Everything we do is focused on the ultimate goal of maximizing our clients' cash flow and increasing the net value of their investments. Our process driven sales and marketing approach develops skilled leasing professionals that quickly fill vacancies at better than market rental rates. We pre-lease a high percentage of rental units, dramatically reducing economic vacancy. Our web-based accounting and reporting software gives our owners real time visibility into the performance of their asset to ensure we are doing what we committed to do. As managers, we use our systems and reporting to help maneuver a dynamic and ever changing real estate market.
We have repositioned $20,000,000 in assets over the last 5 years meeting rigorous budget and time constraints while increasing asset values by more than 20%. We are not marble and granite renovators that want to make a splash on your dime. We create clean, well crafted units that are highly desirable yet affordable to position your asset to get its highest return in up and down markets.
Relationships Built on Trust
PREM has built long term relationships with our clients and our residents by striving each day to do our best, staying in front of issues, and doing what we say we are going to do.
Results PREM can Deliver for You
- PREM grew by 121% in last 12 months while maintaining less than 4% vacancy.
- Average occupancy of all units added in last 12 months was 78% before PREM. Average occupancy 3 months after PREM took over management was 98%.
- Market rents are at or better than market for every unit with no concessions.
- Today, out of 550 units we have 2 physical vacancies and routinely pre-lease 70% of the units scheduled to turn in the next month so not a single days rent is lost.
- In Central Denver we collect 97.3% of potential gross rent across our portfolio.
Let us Evaluate Your Property to See if We Can Help
- We understand your goals and objectives for your asset.
- We underwrite the asset's historical financial performance relative to market performance.
- We conduct a site visit and market study to assess product positioning and benchmark your rent roll and client profile to the market.
- If we believe we can add value in assisting you in achieving your goals, we devise a plan that shows you the steps we will take to get it done.
Expect More From Your Asset by Getting More From Your Management Firm
Call Us 303-292-1106