Pinnacle Group began managing a temporary hosting program on behalf of LaSalle Investment Management.
Because On October 1, 2021, Pinnacle provided property management services to temporary shelters on Newman Street, Westminster, which offer 84 beds in 80 separate apartments. Each apartment is self-catering and includes a private bathroom and a kitchenette.
As a managing agent, Pinnacle will provide full management and maintenance services, including 24/7 on-site service for the next three and a half years.
Supporting the strong ESG credentials of LaSalle and Pinnacle, Pinnacle is committed to achieving specific sustainability goals, both in providing data and information, as well as identifying opportunities to improve the environmental impact of the program.
During the term of the contract, Pinnacle will work closely with homeless charity, Le Passage, to help residents make the transition to permanent housing and maintain successful rentals.
Ollie Miller, COO at Pinnacle Group, said of the contract award: “We are delighted to have won our tender for the management of Newman Street in the heart of Westminster. This latest victory gives us an exciting opportunity to build a long-term preferred supplier relationship with a new first-rate customer in the case of LaSalle. It also allows us to continue to provide essential management services to residents of Westminster City Council; a role that we have been fulfilling for over 25 years.