IN THE NEWS - Brian Stolar and Pinnacle

The Pinnacle Companies and KABR Group Acquire Nonperforming Loan for 39 Residences at Winthrop Court in Clifton, N.J.
Region’s Leading Advisory and Workout Firm Teams with Respected Opportunity Fund to Purchase Homes at Substantial Discount

April 15, 2010 — On the heels of having taken over the development of more than a dozen distressed projects in New Jersey and Connecticut, Pinnacle Solutions, the workout subsidiary of The Pinnacle Companies and the KABR Group today announced their purchase of a nonperforming construction loan for 39 unsold residences at Winthrop Court, a community of 270 luxury homes in Clifton, N.J. Pinnacle will now commence the sales and marketing of these residences, which were purchased at a substantial discount from their original face value.
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Pinnacle Solutions Announces Hiring of Stuart Green as Principal
Green Joins Brian Stolar in Leading the Chatham, N.J.-Based Real Estate Advisory Firm

November 24, 2009 — Pinnacle Solutions, a leading advisory and workout firm servicing investors, lenders and other developers confronted with projects and investments that have been negatively impacted by the economy, has announced the hiring of Stuart Green as Principal.

Green joins fellow Principal Brian Stolar, founder and CEO of the Pinnacle Companies, which has established a stellar track record developing many of the New York metropolitan area’s foremost signature properties for the last 25 years, in leading Pinnacle Solutions.

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Home Closes For Over $3 Million at Hop Brook Estates in Holmdel, N.J.
Two Remaining Spec Homes Are Priced Under $2 Million at Pinnacle Custom’s Enclave

October 12, 2009 — As developer Pinnacle Custom closes on a $3-million-plus deal to build a very customized residence at Hop Brook Estates in Holmdel, N.J., the opportunity to purchase at this exclusive community soon will be gone.

With just two custom built homes priced under $2 million remaining for sale at Hop Brook Estates, the Pinnacle Custom creations are an extraordinary value in this neighborhood which is home to Holmdel’s most prestigious addresses.
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Conversion to condo suits couple’s needs - Pinnacle complex was ‘best value’
SPECIAL TO THE REPORTER - The Record By MARY AMOROSO

October 14, 2007 — Paul and Dana Franchi moved from Canada to the Upper West Side of Manhattan in 2000, when Paul relocated with his company and Dana was going to graduate school at Columbia University.

They didn’t expect to stay longer than two years. In 2002, when career opportunities led them to extend their stay, they moved into a rental in a 25-story building on the Jersey City waterfront.
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Modern Techniques Speed Custom-Home Construction
Special to The Star-Ledger By Robert Wahlers

August 31, 2007 — A select group of New Jersey developers have crafted a modern-day niche in the art of building a custom home.

In the past, the process of building a custom home meant finding a parcel of land and then hiring an architect to do the design. Read More »
$13.9M French country mansion
PETER MONSEES / THE RECORD By CAROL FLETCHER

February 18, 2007 — What do you get in a home for $13.9 million these days? Try a basketball court, elevator, 14-seat movie theater, six-car garage, courtyard parking area and a Saddle River address.
The new 26-room, 18,000-square-foot custom home is the most expensive to date for developer Michael Cantor, president of Pinnacle Custom in Chatham, and one of the most expensive speculation homes in New Jersey, according to the company. Read More »
Stolar Learns Life Lessons Through Extreme Makeover: Home Ed. Project
West Essex Tribune By: Michelle Bent

August 17, 2006 — Brian Stolar of Livingston admits that had never really watched Extreme Makover: Home Edition. So when he received a call on April 6 from a representative of the show asking if his company would volunteer to build a brand new technologically advanced home in one week, Stolar said, "We'll think about it." The representative informed Stolar that the project would begin on May 6, so he wouldn't have that much time to mull it over. Read More »
$12.9M Doesn't Include a Moat
By Prashant Gopal

June 16, 2006 — In the market for a home with an indoor basketball court, a six-car garage, a wine cellar and a fitness center with locker room and sauna? Read More »
Local contractors lend an ‘Extreme’ hand
By Andrea Doyle

June 07, 2006 — With the help of some very giving local contractors and the magic of ABC’s Emmy Award-winning reality television show, “Extreme Makeover: Home Edition,” two New Jersey families are now living in homes they could only dream about. Read More »
PINNACLE INTRODUCES NEW LUXURY CONDOMINIUM COMPLEX IN JERSEY CITY

May 30, 2006 — Pinnacle Companies will hold a grand opening for its new luxury high-rise condominium, Mandalay on the Hudson, located on Jersey City’s famed Gold Coast on Saturday and Sunday, June 24 and 25. Read More »
THE EXTREME PINNACLE FESTIVAL

May 07, 2006 — Pinnacle Companies will hold the “Extreme Pinnacle Festival” in Pinnacle Companies will hold the “Extreme Pinnacle Festival” in connection with its Extreme Makeover: Home Edition” build, featuring five days of music with 18 bands and 16 visual artists. The festival will take place at the build at 141 New Bridge Road from May 7 through May 11. Read More »
DISABILITIES DON'T KEEP EXTREME MAKEOVER FAMILY FROM HELPING OTHERS

May 04, 2006 — The fact that Vicente Llanes is blind doesn’t stop him from reaching out to help others. The same is true for other members of his family, who also suffer from various disabilities. The family has been selected by ABC’s Emmy Award-winning reality television show, “Extreme Makeover: Home Edition,” to have a new home built for them by Pinnacle Companies, a real estate development and investment company that prides itself on offering its customers the most advanced technological innovations for the home. Read More »
IMMIGRANT FAMILY FINDS BETTER LIFE THANKS TO LOCAL BUILDER

May 04, 2006 — When the Llanes family immigrated to the United States from the Philippines in search of a better life, little did they know that one day they would live in a new home that is expected to become a model for the use of technological innovations to help the blind and the deaf. Read More »
THE PINNACLE FOUNDATION ANNOUNCES FUND DRIVE TO HELP DESERVING FAMILY

May 01, 2006 — The Pinnacle Foundation, a charitable organization founded in 1995 by homebuilder Pinnacle Companies, has announced that it is spearheading a statewide fundraising campaign to raise money for the Llanes family. Based in Bergenfield, New Jersey, Read More »
PINNACLE ANNOUNCES ACQUISITION OF AVALON TOWER APARTMENTS IN JERSEY CITY, NJ

April 10, 2006 — Pinnacle has announced the acquisition of the Avalon Tower Apartments, a 25-story apartment building featuring 269 rental units. Located in the heart of Jersey City, the property is ideally located adjacent to the PATH station and in close proximity to ferry service to Manhattan. Pinnacle has acquired the property as a joint venture with Centrum Properties of Chicago and will convert the property to condominiums. The new community will be known as Mandalay on the Hudson and plans for this new building include décor changes to the lobby, corridors, clubroom and exercise amenities by a designer with world wide experience that include prestigious resorts and hotels. Read More »
Historic Redevelopment Inspired by Italian Town

April 03, 2006 — Prospective buyers continue to be drawn to the desirable Siena at Montclair, Pinnacle Downtown’s newest luxury condominium and mixed-use complex located in Montclair, New Jersey. The Siena, a smart growth development located at South Park and Church Street, features 101 luxury condominiums including one-and two-bedroom designs as well as exciting retail space. Read More »
PINNACLE INTRODUCES NEW LUXURY CONDOMINIUM COMPLEX IN JERSEY CITY

April 01, 2006 — Pinnacle Downtown is proud to announce its latest spectacular community, Mandalay on the Hudson, located in the heart of Jersey City on the famed Gold Coast. Pinnacle plans to offer these 269 condominiums for sale very shortly and anticipates their sales office on site will be open in early May. This will be an extraordinary opportunity to live on the Hudson River in one of the most prestigious and well-appointed locations with prices starting in the mid $300,000’s and the opportunity to move-in immediately. Read More »
Pinnacle Companies Newsletter

April 01, 2006 — Pinnacle is building extreme dreams. Download our newsletter to find out about our exciting involvement in ABC's Extreme Makeover:Home Edition as well as our Pinnacle Downtown, Pinnacle Custom, and Pinnacle Pinnacle is building extreme dreams. Download our newsletter to find out about our exciting involvement in ABC's Extreme Makeover:Home Edition as well as our Pinnacle Downtown, Pinnacle Custom, and Pinnacle Communities developments. Read More »
HISTORIC REDEVELOPMENT TAKING SHAPE

February 06, 2006 — The Siena at Montclair, the new luxury condominium and mixed-use complex being developed by Pinnacle Downtown, a subsidiary of Pinnacle Ltd, and Kohl Partners, has opened its state-of-the-art sales office at The Georgian Inn, Unit M-2 at 37 North Mountain Avenue in Montclair, New Jersey. Open from 10 am-5 pm, Monday through Friday, and 11am-5pm, Saturday and Sunday, in-office inquiries are by appointment only. The sales office makes it easy to visualize the homes through virtual technology and lifestyle video presentations. Customers can also view the luxurious kitchens and bathrooms, which are a part of the sales office displays. Read More »
PINNACLE CUSTOM OFFERS HOMEOWNERS CHANCE TO DESIGN THEIR DREAM HOME

February 01, 2006 — Pinnacle Custom offers homeowners the rare opportunity to design their dream home with the guidance of a highly skilled and award-winning team of professionals. Pinnacle Custom aims to service today’s sophisticated homeowner by combining the three most valued standards of excellence: design, quality and elegance. For each masterpiece home, Pinnacle Custom assembles a world-class group of professionals, including architects, sophisticated interior designers and master carpenters to design the unique home each client desires. Pinnacle Custom has built a particular reputation for infusing European “Old World” design into new homes. Read More »
PINNACLE DOWNTOWN CONTINUES GROWTH IN URBAN LUXURY MARKET

February 01, 2006 — Pinnacle Downtown, a subsidiary of Pinnacle, continues its successful track record in the downtown marketplace. With several landmarks for living underway in such communities as Montclair, Hoboken and Yonkers, Pinnacle Downtown will soon also be unveiling its latest projects in Jersey City and Cliffside Park. Read More »