Walnut Capital is partnering with Rugby Realty on the transformation of 933 Penn Avenue in Downtown Pittsburgh, converting the former office building into 70 new apartments with ground-floor retail in the heart of the Cultural District.
Walnut Capital is celebrating its award-winning Pittsburgh apartment communities and team members following the 2026 Pennsylvania Apartment Association (PAA) Keystone Awards.
Pennsylvania Gov. Josh Shapiro spoke at Thursday's AI Horizons conference in Pittsburgh. The conference brings together tech leaders, startups and innovators at Bakery Square to discuss the future of artificial intelligence and its impact on communities.
A dancing security guard at Bakery Square is going viral for bringing joy and energy to the community. The moment perfectly captures the fun and lively atmosphere that makes the neighborhood so loved.
Playa Bowls is opening its second Pittsburgh location at Bakery Square on May 16, bringing fresh acai bowls, smoothies, juices, and tropical vibes to the East End. The grand opening will feature free bowls and branded t-shirts for the first 50 customers.
Real estate firm Walnut Capital Management Inc. announced it will take over property management of the development, including "day-to-day operations, tenant experiences and community programming."
The Grace Hill Excellence Awards recognizes multifamily properties ranking in the top 5% for overall resident satisfaction or recommendation compared to the year prior.
Grace Papa, the marketing and events coordinator for Bakery Square, has been named one of Pittsburgh's 30 under 30 by the Pittsburgh Business Times.
We're proud to share that Gregg Perelman and Todd Reidbord, Walnut Capital's founding partners, have been named to the 2026 Pittsburgh Power 100 list by the Pittsburgh Business Times.
Walnut Capital is moving forward with plans for its first new development project at its Bakery Square Connector site, a 14-acre swath along Penn Avenue approved for a master plan development that extends from Bakery Square to the open lot across from the recently completed Meridian redevelopment.
Last year, Lonely Planet named Pittsburgh one of the Top 10 must-visit places in the world for 2025. And now? National Geographic just dropped its list of the Top 25 Best Places in the World to Travel in 2026, and Pittsburgh is once again the only U.S. city included.
This past weekend, Bakery Square hosted the second annual AI Horizons summit - where business leaders come from all over the country to discuss the future of AI.
We're proud to share that Walnut Capital has been named one of Pittsburgh's Top Places to Work for 2025, marking our fifth consecutive year earning this incredible recognition.
Pittsburgh's Penn Avenue, dubbed AI Avenue, is getting a major upgrade to link Duolingo and Google. With new developments, expanded Bakery Square, and infrastructure improvements, leaders aim to transform it into a thriving hub for the city's growing AI and tech scene.
Jenna Boyles' showcased her newest artwork at, meant to reflect the beauty of western PA, at Bakery Square on Wednesday.
Expected to open early 2026, Bakery Square will be constructing a new secure innovation center to support collaboration between AI Avenue and the government.
Walnut Capital's Todd Reidbord talks Bakery Square's future involving AI.
Once upon a time, the Highland Country Club golf course sat tucked between I-279 and Rt. 19 in Ross. Today, instead of walking up the fairway to the next hole, visitors find a community of luxury townhomes.
East Liberty, once grazing land turned urban hub with the arrival of trolley lines, has recently transformed into a vibrant neighborhood filled with restaurants, bars, boutiques, and street art- sparked in part by Google's Bakery Square offices. And now it's one of America's coolest neighborhoods.
Hellbender, a Harmar-based electronics manufacturer focused on building artificial intelligence systems, will soon bring a hands-on element to AI Avenue.
Walnut Capital has landed what it expects will be its next fast-growing AI newcomer to Bakery Square in its ambition to reposition the Penn Avenue corridor of East Liberty into AI Avenue.