Cushman & Wakefield.
Property manager.
Dots are a quick visual read of the facts next to them, not a grade. DFW numbers are our own count from county records, HUD and firms' own sites.
Cushman & Wakefield is a publicly traded global commercial real estate services firm founded in New York in 1917 and based in Chicago. Its U.S. apartment management business runs under the name Asset Services Multifamily. That business is the former Pinnacle Property Management Services, a Dallas-area third-party manager that Cushman & Wakefield bought in March 2020 and still operates as a subsidiary. The residential management office is in Frisco, Texas.
Against the industry average.
How Cushman & Wakefield compares with the other large DFW managers on each measure we track.
- ●Among the highest Class A share (83% vs 51% average)
Compared with the 30 largest DFW managers. Rank 1 is the best where higher or lower is better, else the largest. DFW units use a log scale.
What they run. In Dallas-Fort Worth, TX.
Size, building class, age and location of the properties we can tie to this firm. Compare with the kind of asset you own.
Building class (public record class rating, 12 of 40 properties rated)partial
Units by ZIP code
Units by decade built
Largest properties
| Property | Address | Units | Built | Class | Check it |
|---|---|---|---|---|---|
| CHURCHILL ON THE PARK | 7601 CHURCHILL WAY, 75251 | 448 | 1998 | B+ | County recordFirm site |
| CARRINGTON PARK APARTMENTS | 3001 COMMUNICATIONS PKWY, 75093 | 364 | 1994 | County recordGoogleFirm siteWebsite | |
| THE BECKLEY | 111 MORGAN AVE | 340 | 2022 | A | County recordGoogleFirm siteWebsite |
| MODERA HALL STREET | 1800 N HALL ST, 75204 | 339 | 2016 | A | County recordFirm site |
| LAKESIDE URBAN CENTER APTS | 850 LAKE CAROLYN PKWY, 75039 | 317 | 2012 | A | County recordGoogleFirm siteWebsite |
| THE GRAND AT ANNA | 551 E FINLEY BLVD, 75409 | 280 | 2022 | County recordFirm site | |
| THE OLSEN | 4245 BOBTOWN RD | 238 | 2024 | A | County recordGoogleFirm siteWebsite |
| STATLER HILTON | 1914 COMMERCE ST, 75201 | 219 | 1956 | A | County recordFirm site |
Our DFW count so far: Dallas and Collin counties, 102 ZIP codes scanned. Tarrant and Denton counties are not covered yet, so the real DFW total is higher.
The firm says it manages urban high-rise, suburban garden, build-to-rent, student, senior and affordable housing for outside owners. In New York City it has operated through Pinnacle City Living, a joint venture. Pinnacle last published a dollar value for its managed portfolio in 2010; no current figure for the apartment platform was found. Portfolio figures below come from our own county and listing data.
How residents rate their buildings.
Resident ratings drive leasing and renewals. Look at the trend and at which problems are rising, not only the average.
Properties by Google rating
Resident reviews over time
Our read of public resident feedback on 11 of its DFW properties, 2019-08 to 2026-09. Years with little feedback are left out, and earlier years rest on fewer properties. No resident comments are shown.
━ average rating · ╌ sentiment · higher is better for both
What residents complain about lower is better
How often residents raise each problem, our assessment: before the last 12 months and in the last 12 months. Fewer is better. Shown only when enough residents raise it.
Other review sites, our read
Chicago HQ profile, not accredited, about 250 complaints closed in three years; the profile tells filers to name the apartment they rent[3][4]
Management page lists 246 communities; snippets for Dallas properties show slow replies and lost packages, no aggregate figure seen[5][6]
Addison, TX property management office listing shows no review count; the DFW apartment listings found under the firm name are closed[7][8]
Our assessment of each site's record, not the site's own score, which we don't reproduce. Follow the link for the profile.
Employee review profiles for Pinnacle and for Cushman & Wakefield property management roles show a mixed picture in our assessment. Resident review data is shown from our own collection.
Individual properties and staff have won regional apartment association awards. In 2024 the Austin Apartment Association named Madison at Dell Ranch a Community of the Year. In 2025 The Saint Grand in Chicago won a CAMME award for its amenities, and the manager of Westline in Beaverton, Oregon was named Property Manager of the Year by Multifamily NW. No company-wide award for the apartment business was found; the parent company's listed awards are employer and sustainability honors for the whole firm.
Lawsuits, settlements and regulators.
Newest first. These are what public records and news show; allegations are reported as allegations.
- 2026-09 · antitrust settlementThe DOJ filed a proposed consent decree with Pinnacle requiring an antitrust compliance program, a monitor if it uses third-party pricing algorithms, and no attendance at RealPage-hosted landlord meetings; Pinnacle admits no fault and the decree awaits court approval.[21][22]
- 2025-11 · layoffsPinnacle filed New York WARN notices covering closures at Pinnacle City Living sites tied to a planned sale of Cushman & Wakefield's stake; a source told Bisnow no job losses were expected.[25]
- 2025-01 · antitrustThe DOJ and state attorneys general added Pinnacle Property Management Services to their RealPage lawsuit, alleging it shared competitively sensitive data and used algorithmic pricing to coordinate rents.[23][24]
Our summary
In January 2025 the Justice Department and state attorneys general added Pinnacle to their antitrust case against RealPage. The complaint alleges Pinnacle shared competitively sensitive data and used algorithmic pricing that raised rents. On September 4, 2026 the DOJ filed a proposed consent decree with Pinnacle. Pinnacle admits no wrongdoing but must adopt an antitrust compliance program, accept a monitor if it uses third-party pricing algorithms, and stop attending RealPage-hosted landlord meetings. The decree still needs court approval. Separate private class actions over RealPage pricing are consolidated in federal court. In November 2025 Pinnacle filed New York WARN notices tied to the planned sale of the New York joint venture stake; a source told Bisnow no jobs were expected to be lost.
Key personnel.
For an owner, the regional leaders in its own metro matter most, so leaders in DFW are listed first.


Average leadership tenure: 8 years. Highlighted past employers have their own page here. LinkedIn profiles are linked, not copied.
What employees say, our read
Company-wide profile of about 5,100 reviews; pay and training complaints recur, and apartment-site staff report weak local management[1]
Company-wide profile of about 1,500 US reviews; growth and benefits praised, Pinnacle merger, low pay and slow hiring criticised[2]
About the leadership
Michelle MacKay is global CEO. She joined as chief operating officer in 2020 after roles at iStar, UBS, J.P. Morgan and The Hartford. Sherry Freitas has led Asset Services Multifamily since October 2025. She came from RangeWater Real Estate, where she ran property management, and earlier worked at Greystar, Wood Partners, Waterton Associates and ING Real Estate. She reports to Marla Maloney, a Cushman & Wakefield veteran of more than 20 years who became Co-Chief Executive, Americas in November 2024. Joey Verrant joined as the platform's chief operating officer in January 2026, reporting to Freitas. He previously headed asset management at Rockwell Property Co. and earlier worked at CA Ventures, Greystar and Hunt Companies.
The residential team page lists executive managing directors for the West (Erinn Cassidy), North Central (Kevin Charcut) and East (Greg Mark) regions, Dave Denslow over construction management and maintenance, and client services leads Genevieve Young (West) and Young Hill (East), who handle owner relationships. The regional bench is long-tenured. Charcut joined the platform in 2004, and Mark joined Pinnacle in 2013 to open its Atlanta office. Both were promoted to executive managing director in late 2022. Cassidy came up through human resources: she was Pinnacle's vice president of human resources in 2020, after HR roles at AvalonBay Communities, EducationDynamics and PACCAR. Denslow is a maintenance specialist who previously ran maintenance operations at Greystar, which he joined through its 2014 purchase of Riverstone Residential Group. Earlier leaders were Rick Graf, who ran Pinnacle and retired at the end of 2022, and Woody Stone, promoted to president of the platform in 2022. The Apartment Association of Greater Dallas lists April Dempsey (regional property manager) and Christine Bennett (vice president, operations) as local contacts. New-business inquiries go through the Frisco office and an online form on the residential site.
What they report, and what they charge.partial
Private managers rarely publish results. Figures the firm reports about itself are marked "firm claim"; ask for audited numbers before you sign.
No current figure: NOI · Expense control · Retention and renewals · Turn times · CapEx. Ask the firm for these before you sign.
Fees paid by owners
Not publicly disclosed. Management fees are usually quoted in a proposal.
Fees charged to residents (4)
Case studies (1)
- RealPage Contact Center for leasing calls (vendor case study, undated, Pinnacle era). RealPage says Pinnacle used its outsourced contact center to answer prospect calls that site staff missed and to book tours for qualified prospects. Per the vendor, its agents spent about 6 minutes per call against about 3 minutes for busy onsite staff, which Pinnacle said produced better-qualified leads. Vendor-published, no lease or revenue figures.[65][66]
Our notes on performance and fees
The firm publishes only directional, self-reported portfolio trends, not audited figures. In mid-2026 it reported occupancy up year over year for Class A and Class B properties, new-lease rent trade-outs turning positive, healthy renewal trade-outs and lower delinquency. In mid-2024 it similarly reported higher occupancy and lower delinquency than a year earlier. As a unit of a diversified public company, the apartment business does not report its own NOI, expenses, resident retention, turn times or capital spending, and no other public source for those figures was found.
No public information was found on the management fee the firm charges property owners.
Some resident fees are published at the property level. The Olsen in Garland lists an application fee, an administration fee, a one-time pet fee and monthly pet rent on its FAQ page, and requires a security deposit. These are set per property and paid by residents, so they do not show a firm-wide fee schedule.
Awards and recognition.
Industry rankings and awards, newest first. Many are based on surveys the firm enters or pays for, so weigh them below results and resident ratings.
Software and systems.
Matters for reporting to you, integration with your systems, and how leasing and rents are set.
Our notes on technology
The firm says staff and residents use a custom property management application covering websites, online leasing, screening, rent payments, lead management, revenue management, utility billing and vendor management. Vendor credentialing runs through RealPage. The DOJ case alleges Pinnacle used RealPage revenue management software. A RealPage case study from the Pinnacle era says the firm also used RealPage's outsourced contact center to answer leasing calls. No public source names a single core property management system today; systems appear to vary by property. The Monarch HALL Park in Frisco uses a Yardi RentCafe resident portal and Knock for leasing email, while The Olsen in Garland uses RealPage's Loft Living portal.
Older vendor releases show how Pinnacle built its stack. In 2010 it moved its IT hosting to the RealPage Cloud, which RealPage said linked third-party applications through its RealPage Exchange integration platform. In 2015 Yardi said Pinnacle had standardized on Yardi Voyager, adding Yardi's marketing, leasing, screening and utility products on one database and moving from self-hosting into the Yardi cloud. Neither release says whether that setup survived the 2020 sale to Cushman & Wakefield.
For owners, the firm says its systems produce custom reporting and that its accounting platform fits each owner's reporting needs. It does not name the reporting or dashboard tool behind this. Cushman & Wakefield's business intelligence job postings found use Power BI and the Microsoft Azure stack, but they sit in the parent company's global technology teams and none was confirmed as part of the apartment business.
At the parent level, Cushman & Wakefield announced in January 2024 that it would build custom AI copilots with Microsoft's Azure OpenAI Service and Copilot for Microsoft 365. That announcement covers the whole company and does not describe AI use in apartment management. No public information was found on open APIs or current vendor integration partnerships specific to the apartment platform.
Momentum, year by year.
Growing firms win new contracts but can stretch staff; shrinking ones may be losing clients.
Signal: contracting[26][9][14]
Hover a point or an orange event dot for details. Unit counts are what the firm reported nationally.
Recent events
- 2026-04 · rankingFell out of the NMHC top five managers to No. 7 after a year-over-year drop in managed units.[26]
- 2025-11 · divestitureBegan exploring a sale of its 50% stake in the Pinnacle City Living New York joint venture.[25]
- 2025-10 · leadershipHired Sherry Freitas as President of Asset Services Multifamily.[16]
- 2022-10 · leadershipWoody Stone promoted to president of the Multifamily Asset Services platform ahead of Rick Graf's retirement.[17]
- 2020-03 · acquisitionAcquired Pinnacle Property Management Services, then the third-largest U.S. multifamily manager.[14][15]
The platform grew by acquisition in 2020, when Pinnacle was the third-largest U.S. apartment manager, and its managed portfolio peaked around 2024. Since then it has shrunk: it fell from fifth to seventh on the NMHC managers list, and its own current unit claim is below the figure reported at the acquisition. Headcount follows the same arc: it grew between Pinnacle's 2014 buyout and the 2020 sale, and the firm's 2025 figure is lower than the one Pinnacle gave just before the sale. It is also moving to exit its New York joint venture. Leadership turned over several times, in 2022, 2025 and 2026.
Who owns the firm, and why it matters.
A manager that also owns buildings, or answers to a fund, can have different priorities from yours.
| Ownership | Public company[14] |
|---|---|
| Parent company | Cushman & Wakefield Ltd. (NYSE: CWK), Bermuda; the operating entity is its subsidiary Pinnacle Property Management Services, LLC[32][33] |
| Business model | Third-party manager: runs buildings for outside owners[11][15] |
| Affordable housing | Lists affordable housing among the property types it manages, and at the 2020 acquisition named government housing groups among its clients. No dedicated affordable or LIHTC division and no affordable unit count were found.[9][14] |
| Employee growth | About 3,000 employees in 2014, more than 4,500 in January 2020 just before the Cushman & Wakefield purchase, and about 4,000 in October 2025: growth to 2020, a decline since.[63][64][31] |
Not publicly disclosed: Sister companies
Ownership changes
- 2025-11 · redomiciliationThe parent company moved its place of incorporation from England and Wales to Bermuda; Cushman & Wakefield plc shares were replaced one for one by shares of Cushman & Wakefield Ltd., still traded on the NYSE as CWK.[32]
- 2025-11 · divestitureCushman & Wakefield said it was exploring a sale of its 50% stake in Pinnacle City Living, its New York City multifamily management joint venture.[25]
- 2020-03 · acquisitionCushman & Wakefield completed its acquisition of Pinnacle Property Management Services, which became its U.S. multifamily property management platform.[14]
- 2014-08 · management buyoutPinnacle's management team, backed by Hunt Companies, bought the property management business from founders John Goodman and Stan Harrelson.[19]
Cushman & Wakefield is a public company. In November 2025 its parent moved its incorporation from England and Wales to Bermuda and is now Cushman & Wakefield Ltd., still listed on the NYSE as CWK. The apartment business operates through the subsidiary Pinnacle Property Management Services, LLC. It is a third-party manager: it runs buildings for pension funds, private partnerships, foreign investors, insurers, lenders and developers rather than owning them. Pinnacle began in 1980 as Goodman Management Company in Seattle, took the Pinnacle name in 1994, and was bought by its management team with backing from Hunt Companies in 2014 before the 2020 sale. In late 2025 Cushman & Wakefield said it was exploring a sale of its 50% stake in the New York joint venture.
The firm lists affordable housing among the property types it manages and named government housing groups among its clients in 2020, but no dedicated affordable or tax-credit division was found.
Where every fact comes from.
Each [n] above links here. Property numbers, ratings and the map come from our database; each property links to its county record, its own website and its Google page.
Show all 76 sources
- Cushman & Wakefield Reviews | Glassdoor glassdoor.com · seen 2026-09-29
- Working at Cushman & Wakefield: 1,514 Reviews | Indeed.com indeed.com · seen 2026-09-29
- Cushman & Wakefield | BBB Business Profile bbb.org · seen 2026-09-29
- Cushman & Wakefield | BBB Complaints bbb.org · seen 2026-09-29
- Cushman & Wakefield - Apartments For Rent | ApartmentRatings apartmentratings.com · seen 2026-09-29
- Hall Street Flats Reviews - Dallas, TX | ApartmentRatings apartmentratings.com · seen 2026-09-29
- Cushman & Wakefield - 15851 Dallas Pkwy, Addison, TX - Yelp yelp.com · seen 2026-09-29
- The Encore Apartments by Pinnacle/Cushman & Wakefield - Plano, TX - Yelp yelp.com · seen 2026-09-29
- Multifamily Services | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-28
- Residential Property Management | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-28
- Cushman & Wakefield Residential Property Management cushwakeliving.com · seen 2026-09-28
- Dallas Residential Property Management | Cushman & Wakefield cushwakeliving.com · seen 2026-09-28
- Pinnacle City Living | Cushman & Wakefield cushwakeliving.com · seen 2026-09-28
- Cushman & Wakefield Completes Acquisition of Pinnacle Property Management Services, LLC ir.cushmanwakefield.com · seen 2026-09-28
- Cushman & Wakefield to Acquire Multifamily Property Management Leader Pinnacle Property Management Services cushmanwakefield.com · seen 2026-09-28
- Cushman & Wakefield Hires New President of Asset Services Multifamily cushmanwakefield.com · seen 2026-09-28
- Stone Promoted to President of Cushman & Wakefield's Multifamily Asset Services Platform cushmanwakefield.com · seen 2026-09-28
- Michelle MacKay | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-28
- Legacy builder (Yield PRO, Oct 2014) yieldpro.com · seen 2026-09-28
- Cushman and Wakefield, PPMS - Apartment Association of Greater Dallas aagdallas.com · seen 2026-09-28
- Justice Department Reaches Proposed Consent Decree with Pinnacle justice.gov · seen 2026-09-28
- DOJ, Pinnacle reach settlement in RealPage case (Multifamily Dive) multifamilydive.com · seen 2026-09-28
- Justice Department Sues Six Large Landlords for Algorithmic Pricing Scheme justice.gov · seen 2026-09-28
- DOJ amends RealPage complaint to include 6 major landlords (Multifamily Dive) multifamilydive.com · seen 2026-09-28
- Cushman & Wakefield To Sell New York Apartment Management Arm (Bisnow) bisnow.com · seen 2026-09-28
- Greystar tops NMHC's list with 1M units under management (Multifamily Dive) multifamilydive.com · seen 2026-09-28
- Pinnacle Property Management Services Reviews | Glassdoor glassdoor.com · seen 2026-09-28
- Cushman & Wakefield Property Manager Reviews | Glassdoor glassdoor.com · seen 2026-09-28
- The Beckley on Trinity thebeckleyapts.com · seen 2026-09-28
- History | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-28
- Cushman & Wakefield Hires New President of Asset Services Multifamily (IR release) ir.cushmanwakefield.com · seen 2026-09-28
- Cushman & Wakefield Completes Redomiciliation to Bermuda ir.cushmanwakefield.com · seen 2026-09-28
- Cushman & Wakefield Ltd. 10-K Exhibit 21.1, Subsidiaries (FY2025) sec.gov · seen 2026-09-28
- About Us | Cushman & Wakefield Residential Property Management cushwakeliving.com · seen 2026-09-28
- Property Management Services | Cushman & Wakefield Residential cushwakeliving.com · seen 2026-09-28
- Cushman & Wakefield Hires Joey Verrant as Chief Operating Officer of Asset Services Multifamily cushmanwakefield.com · seen 2026-09-28
- Rockwell Property Co. expands Asset Management team (REJournals, Oct 2022) rejournals.com · seen 2026-09-28
- Joey Verrant | LinkedIn linkedin.com · seen 2026-09-28
- Sherry Freitas | LinkedIn linkedin.com · seen 2026-09-28
- April Dempsey | LinkedIn linkedin.com · seen 2026-09-28
- Top Trends Across Cushman & Wakefield's Multifamily Portfolio cushmanwakefield.com · seen 2026-09-28
- Woody Stone sees more M&A coming in the management space (Multifamily Dive, June 2024) multifamilydive.com · seen 2026-09-28
- 2025 NMHC Top 50 Managers (Multifamily Executive) multifamilyexecutive.com · seen 2026-09-28
- Resident information | The Olsen in Garland, TX theolsengarland.com · seen 2026-09-28
- The Monarch HALL Park livemonarchresidences.com · seen 2026-09-28
- HALL Group announces top leadership at new hotel and residential tower at HALL Park (May 2023) hallgroup.com · seen 2026-09-28
- Google reviews of the firm's DFW properties (our analysis) google.com · seen 2026-09-30
- FAQs | The Olsen in Garland, TX theolsengarland.com · seen 2026-09-29
- Cushman & Wakefield Collaborates with Microsoft to Enhance AI Technology Platform (Jan 2024) cushmanwakefield.com · seen 2026-09-29
- Cushman & Wakefield's Multifamily Asset Services Platform Announces Updates to Leadership Team (Oct 2022) cushmanwakefield.com · seen 2026-09-29
- Greg Mark | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-29
- Pinnacle Promotes Greg Mark to Senior Vice President (July 2015) finance.yahoo.com · seen 2026-09-29
- Gregory Mark | LinkedIn linkedin.com · seen 2026-09-29
- Kevin Charcut | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-29
- Kevin Charcut, CPM | LinkedIn linkedin.com · seen 2026-09-29
- Erinn Cassidy | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-29
- Erinn Cassidy | LinkedIn linkedin.com · seen 2026-09-29
- Dave Denslow | LinkedIn linkedin.com · seen 2026-09-29
- Marla Maloney | Cushman & Wakefield cushmanwakefield.com · seen 2026-09-29
- Marla Maloney | LinkedIn linkedin.com · seen 2026-09-29
- Cushman & Wakefield Announces New Americas Leadership Organizational Structure (Nov 2024) cushmanwakefield.com · seen 2026-09-29
- GlobeSt. Real Estate Forum Selects RangeWater Real Estate's Sherry Freitas as a 2023 Woman of Influence rangewaterre.com · seen 2026-09-29
- Pinnacle Leadership Team Buys Out Original Founders, Gains Hunt Companies as Strategic Investor (Sept 2014) huntcompanies.com · seen 2026-09-29
- PrintWithMe Announces National Partnership With Pinnacle Property Management Services (Jan 2020) newswire.com · seen 2026-09-29
- Pinnacle Property Management Contact Center Case Study | RealPage realpage.com · seen 2026-09-29
- Pinnacle Gets Better Leads with Contact Center | RealPage realpage.com · seen 2026-09-29
- NMHC 2026 Top 50 Managers nmhc.org · seen 2026-10-01
- Building an Onboarding Program that Keeps Employees (NAA, Sept 2020) naahq.org · seen 2026-10-01
- SHRM conference speaker listing, Erinn Cassidy (HR Credit sessions) conferences.shrm.org · seen 2026-10-01
- Greystar Worldwide LLC - Locations and Key Contacts (The Blue Book) thebluebook.com · seen 2026-10-01
- Pinnacle Deploys the RealPage Cloud to Expand IT Services (RealPage, Nov 2010) realpage.com · seen 2026-10-01
- Pinnacle Standardizes on the Yardi Platform to Benefit from One Vendor, All Business Approach (Yardi, Feb 2015) yardi.com · seen 2026-10-01
- AAA Celebrates Individual Achievement, Best Apartment Communities with APEX Awards (Austin Apartment Association, Dec 2024) austinaptassoc.com · seen 2026-10-01
- 2025 CAMME Award Winners List (Chicagoland Apartment Association) assets.noviams.com · seen 2026-10-01
- Celebrating Excellence: Meet the 2025 ACE Winners (Multifamily NW, Nov 2025) multifamilynw.org · seen 2026-10-01
- Westline, Beaverton, OR (SR Watt) srwatt.com · seen 2026-10-01




