Pinnacle Bank and Greystar Announce Strategic Partnership to Support Expansion of Pinnacle’s Bridge Lending Program

Pinnacle Bank (“Pinnacle”), a leading regional financial institution headquartered in Nashville, today announced a strategic partnership with Greystar, a global leader in the investment, development and management of residential real estate.

Under the agreement, Greystar, on behalf of Greystar Credit Opportunities Fund II, will serve as the junior capital partner across Pinnacle’s bridge loan pipeline, providing a bespoke capital solution structured as a credit risk transfer that enhances Pinnacle’s balance sheet efficiency and supports the continued growth of its bridge lending capabilities. The structure also delivers meaningful capital and operational efficiencies for Pinnacle’s CRE platform while providing greater certainty of execution for its clientele.

By combining Pinnacle’s lending expertise with Greystar’s experience in rental housing and industrial real estate credit, the partnership reflects both organizations' commitment to supporting high-quality sponsors and real estate through tailored, scalable financing solutions.

"I am incredibly proud of our team's hard work and dedication in successfully establishing this partnership,” said Harold Carpenter, CFO for Pinnacle. “We believe this transaction strengthens our financial position by reducing the bank's risk-weighted assets, lowering commercial real estate concentrations, and mitigating credit risk in the loan portfolio. Most importantly, we accomplished this in a way that allows our firm to grow its customer relationships while simultaneously increasing the lending options for our clients.”

“Greystar and Pinnacle share a long-standing relationship, and we’re excited to continue our partnership with an institution that has built such a strong brand and reputation in the CRE lending space,” said Jason Cohan, Head of Portfolio Management and Capital Markets for Greystar’s Credit business. “This transaction underscores how Greystar can partner with banks, life companies, and other intermediaries to support their borrowers nationwide in the rental housing and industrial sectors, all while seeking compelling, risk-adjusted returns for Greystar’s limited partners.”

Stifel acted as structuring and placement agent to Pinnacle Bank on the transaction.

About Pinnacle Bank

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2025 deposit data from the FDIC. Pinnacle is No. 9 on FORTUNE magazine’s 2025 list of 100 Best Companies to Work For® in the U.S., its ninth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $56.0 billion in assets as of Sept. 30, 2025.  As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

About Greystar

Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in over 260 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including approximately $36 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

Media Inquiries
Garrett Derderian
Senior Director, Head of External Communications, Americas & APAC 
garrett.derderian@greystar.com

Joe Bass
Director, External Affairs, Pinnacle Financial Partners
Joe.bass@pnfp.com