Update: On Friday, January 16, the courts confirmed the sale of Pinnacle’s portfolio of 5,000 rent-stabilized units to Summit. In the years since, Pinnacle’s buildings remained profitable, but the ...

Summit Properties was confirmed as the buyer of 5,151 mostly rent-stabilized apartments from Pinnacle Group in a Friday hearing. Pinnacle, run by Joel Wiener, placed the apartments in bankruptcy.

A bankruptcy court judge approved the sale of a troubled portfolio of rent stabilized units to Summit Properties after their bank made additional funds available for repairs. Tenants and Mayor Mamdani ...

A bankruptcy judge denied a motion from the Mamdani administration to delay an auction of 5,000 rent stabilized units tenants hoped to preserve, in an early blow to the mayor’s efforts on housing.

Summit Properties USA won an auction on Friday to buy more than 5,000 apartments out of bankruptcy from the Pinnacle Group despite City Hall’s efforts to intervene. By Mihir Zaveri A derelict Brooklyn ...

An auction for bankrupt landlord Pinnacle Group’s rent-regulated apartment portfolio moved forward on Thursday as scheduled after a federal judge denied New York City’s bid to delay the sale. The ...

The Mamdani administration wants to pump the brakes on Pinnacle Group’s bankruptcy auction, not only because it wants time to review the new proposed owners of the firm’s buildings, but officials are ...

Pinnacle CEO Kevin Blair (right) has succeeded the bank's co-founder, Terry Turner (left), who is now chairman of the bank's holding company. Key insight: Pinnacle took a little over five months to ...

ATLANTA (WTVM) - Columbus‑based Synovus Financial Corp. has officially completed its $8.6 billion merger with Pinnacle Financial Partners, creating a single bank holding company now operating under ...

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