SOURCE: Pinnacle

Pinnacle

September 09, 2015 10:00 ET

Pinnacle Awarded Management of Towns of Riverside

436-Unit Apartment Community in Grand Prairie

DALLAS, TX--(Marketwired - September 09, 2015) - Pinnacle, one of the nation's leading multifamily management firms, announced today it has been awarded the management of Towns of Riverside, a 436-unit apartment community in Grand Prairie, Texas. Centrally located at 2803 Riverside Parkway, the property is set along the Highway 360 corridor between Riverside Golf Club and Great Southwest Industrial Park. The Class A community has convenient access to the Dallas/Fort Worth metropolitan area via major traffic arteries and is within minutes of a dense employment hub, DFW International Airport, the University of Texas at Arlington and world-class shopping, entertainment and healthcare.

"Pinnacle, in conjunction with ownership, is highly focused on elevating the resident experience at this community by making interior and exterior property upgrades to align this asset at the top of its submarket," explains Regional Vice President Toni Rials. "Post renovation, residents will enjoy updated kitchens, flooring, and stainless steel appliances. The clubhouse, fitness area and amenities will have a fresh new look further adding to the resident experience."

The 55-acre retreat houses 61 buildings and offers 11 floorplan options averaging 997 square feet. Currently, the community's stylish interiors feature crown molding, garden tubs, and large balconies and patios. Exterior amenities include a resort-style pool, fitness center, tennis and volleyball courts, ample parking with available garages, executive business center and clubroom with billiards and a cappuccino bar. The robust renovation project is expected to be completed in 2016.

Towns of Riverside is equidistance from both the Dallas and Fort Worth Central Business Districts and borders one of the highest concentrations of entertainment and sports venues in the nation. The property is minutes from Lone Star Park at Grand Prairie, AT&T Stadium, Globe Life Park in Arlington, Six Flags over Texas, Hurricane Harbor and more.

About Pinnacle Property Management Services, LLC
Pinnacle Property Management Services, LLC, ("Pinnacle") is a privately held national real estate provider specializing in third party management of multifamily residential communities. As one of the nation's preferred third-party managers, Pinnacle's portfolio includes nearly 135,000 residential units and 2 million square feet of commercial assets. With the Corporate headquarters located in Dallas, Texas, Pinnacle has 3,000 employees located in 35 states and 25 major metropolitan areas. For more information, visit www.pinnacleliving.com.

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