February 13, 2007

Contact: Elaine Medrow
734-769-8520, ext. 462

For Immediate Release

Ann Arbor, Michigan – McKinley successfully arranged a $2,850,000 loan for a single tenant retail property adjacent to the University of Michigan central campus. Aaron Klein, working with one of McKinley’s correspondent lenders, arranged the 10-year loan with three years interest-only followed by a 30-year amortization schedule. The loan carries a fixed-rate of 5.89%.

In addition, Mr. Klein successfully arranged a $5,600,000 loan for a 24,605 square foot mixed-use property in downtown Royal Oak, Michigan. The 10-year non-recourse loan was structured with the first five years as interest-only, followed by a 30-year amortization schedule.

Mr. Klein also completed a $1,800,000 loan for a free-standing Tutor Time, child care facility located in North Carolina. The fixed-rate seven-year loan was structured with the first two years as interest-only followed by a 30-year amortization schedule.

McKinley, founded in 1968, is a well-respected real estate investment firm that owns and operates $1.5 billion in assets.  For its own account and select clientele, it manages 103 properties, including 16,447 apartments and 4.6 million square feet of commercial space located in nine states nationwide.  Albert M. Berriz serves as Chief Executive Officer of McKinley, headquartered in Ann Arbor, Michigan, and employs 712 full-time workers nationwide.