Key insight: Pinnacle Financial Partners laid out its hiring expectations for 2026, as well as its loan growth outlook for the year. Supporting data: The bank is looking to recruit and hire 225 to 250 ...

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 ...

The city late Monday filed an objection to the outcome of last week's bankruptcy auction, at which Summit Properties USA won the bid to acquire nearly 5,200 rent-stabilized apartments across 90 ...

The pending, controversial bankruptcy sale of more than 5,000 rent-stabilized apartments owned by real estate firm Pinnacle Group has its losers and Wieners. Tenants who have attempted for months to ...

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 ...

When Mayor Zohran Mamdani's administration filed an objection to the pending bankruptcy auction of Pinnacle Group's approximately 5,200-unit portfolio, it cast doubts on the relatively obscure buyer’s ...

There was a time when every half-ton pickup or seven-seat utility vehicle that ended up on my test schedule would elicit a groan. Another boring commuter car. Great. Young Byron just wanted to ...

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 ...