DALLAS, TX - Pinnacle, an international real estate management firm, has named Glenn Rand president of the company's East Region, which consists of the Eastern Seaboard from Florida to Maine. Rand follows the departure of Judy Martin, who held the position for eight years. Rand comes to Pinnacle from Alliance Residential Company's Property Management division, where he served as Management Partner for the Southeast/Mid Atlantic Regions, responsible for operational oversight and new business in Chicago, Florida, Georgia, North and South Carolina, Tennessee, and the Washington, D.C. area.
"After many years with the Pinnacle organization, Judy Martin has elected to step away from her current responsibilities," said Pinnacle President Rick Graf. "After some much deserved rest, Judy will rejoin Pinnacle working on special projects. Glenn brings a wealth of experience to Pinnacle that includes operational focus and an institutional skill set that will enhance our client's asset performance. Glenn is also charged with growing our presence in the East Region."
Beginning his career in Real Estate with Trammell Crow Residential Services, Rand held several positions over nine years, including Chief Operating Officer of the Trammell Crow North division, responsible for strategic planning, acquisitions, development and third party management of over 25,000 multi-family units. He then spent eleven years with Archstone Real Estate Investment Trust, responsible for one-third of U.S. operations for Archstone, overseeing management of over 30,000 units, and holding numerous positions including President and founder of Archstone Management Services. He also planned and executed the sale of Archstone Management Services to Gables Residential. Rand joined The Milestone Group as an Acquisition Officer in 2006, responsible for the U.S. East coast, creating opportunities for Milestone through his Institutional, Broker and personal relationships.
With over twenty-five years of real estate property management experience, Rand has participated in many industry boards and committees. Among others, he served four years on the Advisory Board at Virginia Tech in its RPM (Residential Property Management) Program, and spent five consecutive years as Chairman of the Operating Committee during his tenure with Archstone.
The Pinnacle Family includes Pinnacle, the nation's leader in multifamily property management, managing a portfolio of multi-family and commercial assets valued at more than $22 billion, with over 5,000 employees in 42 states and seven countries. The Family also includes Pinnacle Capital, AMS Global Capital, Pinnacle AMS Development and a number of other investment equity and service providers.
Source: Pinnacle