Personnel - BRIAN STOLAR, CEO
Pinnacle Solutions is managed by the company’s founder Brian Stolar and using the resources of the Pinnacle Companies’ professional team; a highly experienced and dedicated group of industry veterans who bring skills in the following key disciplines:
Pinnacle’s senior team members have on average in excess of 25 years of experience spanning numerous market cycles. While every cycle is different, Pinnacle is uniquely qualified to navigate risks, mitigate loss and maximize profit as a result of its practice perspective.
Brian M. Stolar is the Founder, President and Chief Executive Officer of The Pinnacle Companies and has led the growth of the company from 1984 into one of New York area’s foremost development companies. Throughout 25 years of business, Pinnacle has built over 5000 residential units as well as significant commercial developments with over $3 billion in real estate value.
Prior to starting The Pinnacle Companies, Brian was a real estate attorney with Lowenstein Sandler, one of the largest New Jersey law firms. Brian was also the co-founder of The Briad Group in 1987, which is one of the largest restaurant and hotel developers and operators in the industry. The company’s operation included Wendy’s and Friday’s as well as Marriott Hotels in New York, New Jersey, Connecticut, and Pennsylvania, employing over 3,000, with a business volume of over $125 million when Brian sold his interest in 1999.
Brian also founded Builder Revenue, Inc., a consortium that provides builders and developers with the opportunity to capture revenues from service providers by offering customers real estate services including title and property insurance, mortgages and telecom.
Mary Boorman is Senior Vice President of Sales, Marketing and Strategic Planning for The Pinnacle Companies, with over 23 years of experience in sales, marketing, product research and development for master-planned communities throughout the East Coast. Her strategic and analytical skills focus on identifying market opportunities, product development, price segmentation, and creative branding to drive revenues and unit absorption. Mary has a track record for implementing successful “turn around” programs at distressed properties and has worked with investment partners that include Blackstone, William Simons and DKM.
Mary currently oversees sales operations generating $100 million in revenues and manages project operations for Mandalay on the Hudson, a 269 unit condominium conversion on the Hudson River in Jersey City. A proactive participant in the building industry, Mary has served for many years on various sales and marketing councils, has helped provide promotional support for the industry’s platform on state planning policy and is a frequent speaker at both national and state builders’ conventions. Recognized by her industry peers, she has been awarded “Sales and Marketing Director of the Year” at the national level in 1994 and by New Jersey in 1996. Prior to joining Pinnacle Communities, Mary was Vice President of Sales and Marketing for Gale, Wentworth and Dillon.
Charles Applebaum serves as Pinnacle’s General Counsel. Charles brings more than 25 years experience to Pinnacle, where he manages the company’s legal affairs including, among other things, drafting and negotiating agreements, coordinating due diligence investigations, managing the approval process and handling all legal issues arising from the acquisition and development of the many properties under Pinnacle’s control.
Charles came to Pinnacle from Kara Homes where he was General Counsel for four years. He was responsible for the management of an 11-person legal department consisting of five lawyers, two paralegals, two closers and two administrative assistants. He was previously General Counsel to M. Alfieri Co., Inc., a privately held commercial real estate owner, developer and manager active in New Jersey. Prior to that he was with the firm of Greenbaum, Rowe, Smith, Ravin Davis & Himmel for 15 years during which he was a partner for the last 10 years.
His expertise in real property, land use and environmental law along with his strong organizational, managerial and litigation experience is a significant asset to the Pinnacle Team.
Douglas J. Bush III is Senior Vice President for Development and a Wharton graduate with over 10 years experience in real estate planning and project execution. His unique combination of analytical and practical skills have involved him in real estate projects that have ranged from single family suburban subdivisions to large mixed-use urban communities within the New York tri-state area. Doug was a senior project manager for Toll Brothers for 5 years, which included him managing Maxwell Place on the Hudson – a joint venture between The Pinnacle Companies and Toll Brothers. He is a LEED accredited professional and has worked with Tishman Construction Corporation on the Freedom Tower Project at the World Trade Center, advising and progressing certification to the Gold-CS level. These accomplishments, coupled with his strong and diverse background in project management and financial analysis make Doug a tremendous asset to The Pinnacle Companies and in particular, for it’s workout group, Pinnacle Solutions US - which has gained a reputation for creative development strategies and problem solving in tough markets.
Doug holds a BS from Pennsylvania State University in qualitative business analysis and an MBA from the Wharton School.