PORTLAND, OR - Pinnacle, an international real estate management firm, is pleased to announce Russell Peterson has joined Pinnacle's northwest regional operations as Regional Vice President - Oregon. In this role, he will be responsible for the daily operations of the Pinnacle Oregon office, focusing on enhancing client relations and new business development.
"We're very excited about having Russell with us. Pinnacle is a growth-minded company with knowledgeable, customer service-oriented employees and unparalleled property management industry experience," said Eric Schwabe, Northwest Region President. "Having Russell in a leadership position will help us better focus these proven resources to serve our clients."
The Pinnacle Oregon office has managed the operations of multifamily residential and commercial buildings since 1987. The current portfolio consists of 5,000 units of multifamily housing, 100,000 square feet of commercial space, as well as 1,500 HOA homes.
Peterson joins Pinnacle from Affinity Property Management, a third party management firm located in Portland, Oregon. In addition to being part owner he served as Director of Property Management where his responsibilities included the oversight of 3,800 units of multifamily housing, new business development and direct management of a portfolio of properties, including properties undergoing substantial interior and exterior renovations. Russell has over 20 years of residential and commercial property management experience. He has experience in a wide variety of properties, including: lease ups, renovations, Section 42 and stabilized properties.
Pinnacle, An American Management Services Company, is the nation's leader in third-party fee management, managing a portfolio of apartment, office and industrial assets valued at more than $17 billion. Pinnacle's multifamily portfolio consists of over 175,000 units, including military and affordable housing communities. The company provides owners and investors with a broad scope of services including acquisition, disposition, rehabilitation, property management, leasing, financing, homeowner association management and repositioning of real estate assets. The firm's clients include more than 235 institutions, pension funds, private partnerships, foreign investors, sole owners and government housing groups in North America, China and Japan. With more than 5,000 Associates, Pinnacle is dedicated to the company vision to be the industry leader as the full service real estate company of choice.
Source: PRNewsWire.com