McKinley Announces Successful Disposition in Indiana

June 16, 2010

June 17, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinleys Residential Client Services is pleased to announce the successful disposition of Stonehedge Apartments. Stonehedge Apartments is a 251 unit apartment community located in Evansville, Indiana. McKinley was appointed receiver of this community in January 2007.

We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued client, states Albert M. Berriz, Chief Executive Officer of McKinley.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.4 billion in assets including 139 properties for its own account and for select clientele. This includes 30,039 apartments and over 7.0 million square feet of commercial space located in 19 states. Headquartered in Ann Arbor, Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,250 full-time employees nationwide.

For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x230.