JERSEY CITY, N.J.—Pinnacle Downtown has announced that 90 percent of the residents at Mandalay on the Hudson in Jersey City have financed their homes through the Pinnacle First Mortgage program. Pinnacle First Mortgage is an affiliate of National City Mortgage and offers customized packages of convenient, high quality, and attractively priced financial services to homebuyers, along with simple, convenient sign-up provisions. When the time comes to move into a new home, Pinnacle Downtown not only encourages buyers to finance their homes through the program, but also provides a wide variety of services to make the buying and moving process seamless.

These services include mortgages, title insurance, home decorating, and real estate services. The providers for all of these services have been carefully selected for their reliability, reputation, and most importantly for their ability to deliver an outstanding quality of service promptly.

"This program offers many financial incentives, along with the peace of mind that comes from working with a single company to finance your new home and coordinate many of your services," said Mary Boorman, Pinnacle's senior vice president for development, sales, and marketing. "We only work with the best service providers, and the HomeSync program takes a great deal of the stress out of the buying and moving process."

Recently honored by the New Jersey Builder's Association (NJBA) with the prestigious Community of the Year award, Mandalay on the Hudson offers the ideal mix of luxurious design features and tremendous value, but also provides an ideal location for buyers looking for a simple commute to Manhattan’s financial district, while living in one of the region’s most up-and-coming areas. Mandalay also offers incredible opportunities to investors looking for prime locations and tenant occupied homes.

Mandalay on the Hudson's 25-story tower houses 269 condominium homes directly on the Hudson River's western bank, providing both breathtaking views of the New York skyline and easy access to the city, with the PATH train and two ferries within a block. One-, two-, and three-bedroom homes are being offered at affordable prices starting in the low $400,000s. Homes with phenomenal views of Manhattan and the river can be purchased from the mid $400,000s. All of the homes feature hardwood floors in the living room, dining area, and kitchen. A kitchen and bathroom upgrade package, which includes stainless steel appliances, European-style cabinetry, and granite countertops, is also available.

Mandalay features a heated outdoor pool on the Hudson waterfront that is surrounded by gardens and picnic and barbeque areas set against a backdrop of the stunning Manhattan skyline. The pool is accessible from the Resident’s Club, which is perfect for special events or smaller gatherings, or to watch sports on the plasma television screen in front of the fireplace. Another popular feature is the convenience of a 24-hour concierge and valet service for dry cleaning and repairs. Residents also have access to a fully equipped fitness and exercise area. There is also an outdoor playground for children and a promenade that runs along the riverfront, which surrounds the perimeter of the community and is ideal for walkers and joggers alike.

New Jersey Transit's Hudson-Bergen Light Rail station lies at Mandalay’s doorstep, offering train service to Hoboken, Bayonne, and other cities along New Jersey's vibrant Gold Coast. Jersey City's dramatically revitalized downtown, complete with trendy restaurants and clubs, is only three blocks away, and the nearby Newport Centre Mall offers 140 businesses and stores.

For more information, visit the sales center at 20 Second Street, Jersey City, call a sales representative at (866) OWN MANDALAY, or visit the Web site at www.mandalayonthehudson.com. The sales office is open from 10 a.m. to 5 p.m. during the week, and 11 a.m. to 5 p.m. on weekends.

About The Pinnacle Companies

The Pinnacle Companies, which includes Pinnacle Communities, Pinnacle Custom, and Pinnacle Downtown, is among the most respected real estate development and investment companies in the industry for their ability to anticipate trends in the changing real estate market and create "what's next" in luxury residential communities. Pinnacle's innovative approach to development and creative problem-solving abilities are qualities that continually position Pinnacle as an industry leader in the real estate market. In 2006, The Pinnacle Companies were featured on an episode of "Extreme Makeover: Home Edition" for ABC Television in the town of Bergenfield.

The award-winning company has built an enviable reputation in the sale and rental of luxury, active-adult, and custom housing, as well as the office, retail, and mixed-use markets. Since the company's founding in 1984, Pinnacle has built in excess of 5,000 luxury attached and detached homes as well as significant retail, hotel, and restaurant development.

For more information on Pinnacle, visit www.pinnaclecompanies.net or contact the company's Chatham headquarters at (973) 379-1900.