Find Real Estate Agents and Homes for Sale


Real Estate News --> Michigan News

M/I Homes buys Detroit builder


... builder M/I Homes announced today that it is buying the Detroit-area builder Pinnacle Homes for an undisclosed amount. Pinnacle, based in Bloomfield Hills, Michigan, sold 214 homes last year and controls more than 1,000 home sites in the Detroit area ...


Archived Story

Jim Weiker The Columbus Dispatch @JimWeiker The Columbus builder M/I Homes announced today that it is buying the Detroit-area builder Pinnacle Homes for an undisclosed amount.Pinnacle, based in Bloomfield Hills, Michigan, sold 214 homes last year and controls more than 1,000 home sites in the Detroit area, according to an M/I news release.“We believe this acquisition represents an excellent strategic fit for M/I Homes and further enhances our market position with a well-established operation and land position in a dynamic and growing housing market,” said M/I Chief Executive Robert Schottenstein.Howard Fingeroot, who founded Pinnacle with Steve Friedman in 2005, will take over as president of M/I’s Detroit division.Detroit becomes M/I Home’s 16th market.  Never miss a story Choose the plan that's right for you. Digital access or digital and print delivery. Subscribe Now Sign up for daily e-mails Sign up Reader ServicesSubscribeManage SubscriptionLive ChatDMG RewardsAbout the DispatchMy ProfileOnline ServicesE-EditionDispatch Photo StoreOSU Photo StoreDispatch NIERSS FeedsPodcastsNewslettersMobile AppPrint ArchivesAdvertisingPlace an AdMedia KitWeekly AdsClassifiedsDMG + ThriveHiveContact UsStaff DirectoryNews TipsSend letters to the EditorCalendarDispatch careersPrivacy policy

Trending Michigan News:


  • Footwear retailer entering West Michigan market
  • Bargain lakefront homes in Up North Michigan
  • Bernstein launching run for Michigan Supreme Court
  • Jim Harbaugh jack-knife dives in khakis into Michigan pool (Video)
  • Sam Zell on Detroit, unions and privatizing U-M: 'Survival of the fittest will prevail'
  • Michigan Line Rebuild Goes the Distance
  • Leonard ready to take helm of Michigan House
  • Michigan State Police to use robot at site of Fraser sinkhole
  • Police seek info on suspicious metro Detroit fires
  • The Justice Report: A look at every recruit Michigan has visited, and plans to visit, this week
  • MI labor unions start construction on worker training center
  • Ken Griffin’s Real-Estate Shopping Spree Sputters In Bargain-Basement Chicago
  • Palatine shopping center sold for $20 million
  • Hazel Park in Michigan shuts down
  • ConcertoHealth® Expands Field-Based Care Model to Reach Patients with Greatest Needs in Michigan and Washington
  • Michigan’s Second Largest City Keeps Pace with Multifamily Housing Demand
  • VIDEO: Fireball over Michigan lights up social media
  • Michigan Utility Taps SunPower For Rooftop Solar Pilot
  • Real Estate – December 8
  • Newcastle Limited Buys Retail Investment Property on Michigan Avenue in Chicago's Loop