December 21, 2016
Tampa, Florida - Albert M. Berriz, McKinley's CEO, Co-Owner and Managing Member announced today the promotion of Jason Schaller to Vice President and Managing Director for McKinley Hyde Park. The McKinley Hyde Park brand is the largest assembly of unique and historic luxury apartment homes located throughout the prestigious Hyde Park/South Tampa neighborhoods. A total of 26 communities make up this dominant platform, and Jason along with Mary S. Williams, Managing Director - Sales & Marketing for McKinley Hyde Park, were the founding executives that launched the brand in 2014.
"Jason is a marvelous example of a leader who worked his ways up through the ranks, he took on a series of progressive leadership roles within McKinley, and now he will lead this most important brand" offered Berriz. Jason started with McKinley in the summer of 1999 working in the field on renovations under the mentorship of Jeff Ball, McKinley's most senior construction and facilities executive nationwide. Jason went on to assume various leadership roles in property management, renovations and construction with the Owned Residential Team and the Institutional Commercial Real Estate Team. "Jason is a great cultural example of our core values for our entire team. He is passionate, dedicated, a great teacher, and a compassionate and inspirational servant leader" added Berriz. "His creativity, eye for design, extensive renovation experience, and an understanding for creating extraordinary customer experiences make Jason uniquely qualified for the role" further added Berriz.
December 1, 2016
Walled Lake, Michigan - McKinley announced today the successful disposition of Benstein Business Park, a 48,000 sf light industrial park, consisting of four buildings. The property is located in Walled Lake, which is in the southern central portion of Commerce Township in Oakland County, close to major freeways and just off West Maple Road and Benstein Road.
"The sale of Benstein Business Park is the continuation of our strategic effort to dispose of internally owned retail, office and light industrial assets, and migrate those dollars into our core Multifamily business," offered Albert M. Berriz, McKinley's CEO, Co-Owner and Managing Member. "Our team is focused, and we have several other commercial dispositions in the pipeline at this time, and we expect to close those transactions in the near future," added Berriz
The disposition effort is also allowing McKinley to focus its highly talented commercial team in the workout and receivership of distressed office, retail and mixed use assets for third party clients, which continues to be a significant part of McKinley's real estate platform. McKinley today is a leading expert in the area of retail workouts, and one of the largest workout operators of distressed enclosed mall transactions in the US.