Pinnacle is pleased to announce the addition of Lauren Levrant as Vice President of Affordable Development. Ms. Levrant will focus on expanding Pinnacle’s affordable housing portfolio, primarily in Miami.
In this role, Ms. Levrant will be responsible for identifying and evaluating potential affordable housing development opportunities in Miami-Dade County as well as overseeing projects from conception to completion.
“We’re thrilled to have Lauren back on the Pinnacle team,” Pinnacle Partner Timothy P. Wheat said. “With her passion for creating quality affordable housing and her deep roots in the Miami community, she is the perfect fit for this position and we look forward to the impact she will make in South Florida.”
Ms. Levrant started her career as an intern at Pinnacle, and over time was promoted to be a Development Associate. In 2017, she moved to the west coast and worked across markets in California, Colorado, Arizona, and New Mexico. She most recently served as Senior Originator – Affordable Housing Preservation Investments at PNC Bank, following her role as Vice President – Northern California Affordable Housing with McCormack Baron Companies. Ms. Levrant will utilize her broad experience in markets across the country to help expand access to affordable housing in Florida. Ms. Levrant holds a bachelor’s degree in engineering from Northwestern University.
“I am excited to join Pinnacle as Vice President of Affordable Development,” Ms. Levrant said. “As a native Miamian, I’m extremely passionate and driven to begin expanding access to affordable housing in my hometown, leveraging my understanding of various markets nationwide.”
In recent months, Pinnacle has continued to strategically grow its Affordable/Workforce and Market-Rate divisions. The announcement of Ms. Levrant joining the company follows the news that Pinnacle’s Affordable/Workforce team hired Grég Gabriel as Regional Director of Acquisition and Development with a focus on Broward, Palm Beach and Central Florida. Pinnacle’s market-rate team also recently welcomed Alex Arostegui as Vice President of Development. In this role, Mr. Arostegui oversees all aspects of the development process for Pinnacle’s market-rate multifamily and mixed-use projects in Florida.
Pinnacle’s expansion comes at a time when the company is playing a pivotal role in bringing much-needed housing options to Florida, which is currently facing a housing shortage.
Miami-based Pinnacle is a full-service real estate development and construction company with over a century of collective experience in designing and operating high-quality multi-family communities in Florida. Long-standing relationships with local governments, financial institutions, and other stakeholders enable Pinnacle to secure the necessary resources to successfully develop affordable, workforce and market-rate housing opportunities. Pinnacle has completed over 10,000 units of multi-family housing and Pinnacle’s communities serve as the benchmark for “best-in-class” residential living.