Pinnacle Awarded Management of Venue on 16th DEN

DENVER, April 26, 2017 (GLOBE NEWSWIRE) -- Pinnacle, one of the nation’s leading multifamily management firms, has been selected to manage Venue on 16th, a new 180-unit luxury apartment community in east-central Denver. The property’s enviable location at 2900 E 16 ^th Avenue is in the iconic and historic City Park neighborhood with exquisite views of the park and the Rocky Mountains.

Residents of the modern, five-story property are walking distance from the City Park Jazz Festival and the Denver Zoo, an abundance of trendy restaurants, eclectic shops, and some of the hottest music venues in Denver. Venue on 16th is also only minutes from major employers in downtown Denver and Cherry Creek, as well as Presbyterian St. Luke's Medical Center, National Jewish Health, and Rose Medical Center.

“The immersive surroundings of Venue on 16 ^th will entice residents who want to live a modern urban lifestyle with an abundance of conveniences,” said Tom Klaess, Regional Vice President of Pinnacle’s the Colorado region. “The amenities are amazing, both inside and out.”

With leasing currently underway, residents can choose from among 22 floorplans ranging in size from studio, one-, two- and three-bedroom selections. Penthouse and loft units with dramatic high ceilings are also available, with city views captured from retracting garage door window walls off of the spacious balcony. Interior apartment features include gourmet kitchens with three designer color palettes, full-size washer and dryer, plank flooring in living areas with plush carpeting in bedrooms, and more. The property also offers unique walk-out units with direct access to the active neighborhood.

Exterior specialties include a resort-style pool and relaxing spa, fireside lounge for quiet enjoyment, and an exclusive sky lounge capturing scenic mountain, city and park views. The fitness center is equipped with a full menu of cardio, weight training, and TRX options, plus a private Fitness on Demand area with Yoga, Pilates and Spin classes. The community offers two resident clubrooms including a Sports Lounge with pool and shuffleboard table and a computer station with wifi printing. Package receiving lockers, valet dry cleaning, complimentary coffee service and frequent planned social events to gather with neighbors are also available.

For more information about leasing an apartment at this new community or to view photos and floorplans, visit www.venueon16.com .

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...2a0bc4c4b4

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 over 172,000 residential units and 2.75 million square feet of commercial assets. With the Corporate headquarters located in Dallas, Texas, Pinnacle has more than 4,300 employees located in 26 states. For more information, visit www.pinnacleliving.com .

MEDIA CONTACT Kerri Fulks (972) 499-6617 Kerri.Fulks@hck2.com