This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: On Jan. 19, U.S. Bankruptcy Judge David Jones approved Summit Properties USA’s  purchase of more than 5,000 rent-stabilized units in an auction after the former owner, Pinnacle Group, had placed the apartments into bankruptcy in May, according to court documents. The deal is valued at $451 million, per Bloomberg. Newly appointed New York City Ma ...