McKinley Appointed Receiver of Waterford Town Square in Waterford, MI

August 5, 2009

July 29, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Waterford Town Square, an 83,000 square foot building located in Waterford, Michigan. The shopping center, located adjacent to the Summit Place Mall, includes tenants such as Applebees restaurant, ABC Warehouse and Power House Gym. Waterford Town Square is McKinleys fourthcommercial workout property in the Metro Detroit Area along with Lincoln Park Shopping Center, Justins Music and 17625 Warren Avenue. The property is located in Oakland County and the appointment for it was made by the Oakland County Circuit Court.

I am confident that by applying our experience and expertise, our team will be able to create value for the stakeholders, states Matt Mason, Senior Vice President, Commercial Client Services.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.4 billion in assets in 139 properties for its own account and for select clientele. This includes 28,358 apartments and over 6.2 million square feet of commercial space located in 15 states. Headquartered in Ann Arbor Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,050 full-time employees nationwide.