News


April 20, 2010

Top 50 Apartment Managers (Rankings)

2010 NMHC 50
50 Largest U.S. Apartment Managers as of January 1, 2010

2010 Manager Rank 2009 Manager Rank Company Name Headquarters Corporate Officer 2010 Units Managed 2009 Units Managed
1 1 Pinnacle Family of Companies Seattle, WA Stan Harrelson 183,877 185,219
2 2 Riverstone Residential Group Dallas, TX Walt Smith 178,431 181,928
3 5 Greystar Real Estate Partners, LLC Charleston, SC Robert Faith 153,819 140,000
4 4 Equity Residential Chicago, IL David J. Neithercut 136,843 148,115
5 6 Lincoln Property Company Dallas, TX Tim Byrne 132,881 130,265
6 3 AIMCO Denver, CO Terry Considine 129,715 154,987
7 7 Archstone Englewood, CO R. Scot Sellers 83,085 83,871
8 8 WinnCompanies Boston, MA Samuel Ross 73,302 75,353
9 9 Camden Property Trust Houston, TX Richard J. Campo 63,506 62,641
10 10 Bell Partners, Inc. Greensboro, NC Steven D. Bell 60,422 61,663
11 12 FPI Management, Inc. Folsom, CA Dennis Treadaway 56,952 53,671
12 11 Fairfield Residential LLC San Diego, CA Chris Hashioka 55,054 60,265
13 13 Edward Rose & Sons Farmington Hills, MI Warren Rose 53,667 52,794
14 16 UDR, Inc. Highlands Ranch, CO Thomas W. Toomey 51,342 50,895
15 15 Alliance Residential Company Phoenix, AZ Bruce Ward 49,488 49,600
16 14 AvalonBay Communities, Inc. Alexandria, VA Bryce Blair 48,924 48,338
17 19 Westdale Real Estate Investment & Management Dallas, TX Joseph G. Beard 46,682 42,915
18 18 The ConAm Group of Companies San Diego, CA Brad Forrester 46,100 43,500
19 17 Picerne Real Estate Group Phoenix, AZ David R. Picerne 44,927 44,754
20 21 Mid-America Apartment Communities, Inc. Memphis, TN H. Eric Bolton, Jr. 43,604 42,554
21 28 BH Management Services, Inc. Des Moines, IA Harry Bookey 41,366 36,532
22 24 Empire American Holdings, LLC Montvale, NJ Eli Feller 40,776 40,776
23 29 Milestone Management, L.P. Dallas, TX Steve Lamberti 40,092 36,408
24 22 Michaels Development Company Marlton, NJ Robert J. Greer 38,236 41,120
25 27 Gables Residential Atlanta, GA David D. Fitch 37,842 37,366
26 31 Village Green Companies Farmington Hills, MI Jonathan Holtzman 37,692 34,792
27 23 Capstone Real Estate Services, Inc. Austin, TX James W. Berkey 37,675 40,870
28 newcomer Irvine Company Apartment Communities Irvine, CA Kevin Baldridge 37,193 36,343
29 25 Home Properties, Inc. Rochester, NY Edward J. Pettinella 36,947 38,280
30 30 JRK Property Holdings, Inc. Los Angeles, CA Jim Lippman 36,624 35,103
31 26 Sentinel Real Estate Corporation New York, NY John H. Streicker 35,709 37,461
32 33 Forest City Residential Group, Inc. Cleveland, OH Ronald A. Ratner 34,658 33,045
33 32 Colonial Properties Trust Birmingham, AL Thomas H. Lowder 34,644 33,143
34 37 The Lynd Company San Antonio, TX A. David Lynd 33,471 30,530
35 34 The Related Companies New York, NY Jeff Blau 33,155 32,581
36 newcomer Concord Management, Ltd. Maitland, FL Edward O. Wood, Jr. 32,022 31,489
37 38 Lindsey Management Co., Inc. Fayetteville, AR James E. Lindsey 31,813 29,443
38 newcomer Asset Plus Companies Houston, TX Michael S. McGrath 31,081 17,322
39 36 Morgan Properties King of Prussia, PA Mitchell L. Morgan 30,627 30,627
40 newcomer The Bozzuto Group Greenbelt, MD Thomas S. Bozzuto 30,157 25,819
41 35 The John Stewart Company San Francisco, CA Jack D. Gardner 29,989 31,685
42 20 CNC Investments, Ltd. Houston, TX Charlie Yalamanchili 29,913 42,647
43 newcomer The Laramar Group, LLC Denver, CO David B. Woodward 29,508 21,574
44 newcomer American Campus Communities Inc. Austin, TX Bill Bayless 29,342 29,126
45 newcomer McKinley, Inc. Ann Arbor, MI Albert M. Berriz 28,358 22,143
46 44 LEDIC Management Group, LLC Memphis, TN Scott P. "Pierce" Ledbetter, Jr. 28,348 26,132
47 42 Berkshire Property Advisors Boston, MA Frank Apeseche 27,806 26,995
48 41 BBR Management, LLC Charlotte, NC Philip S. Payne 27,798 27,816
49 43 Essex Property Trust, Inc. Palo Alto, CA Michael Schall 27,411 26,868
50 newcomer Edgewood Management Corporation Germantown, MD A. Scott Jones 26,845 26,165

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April 20, 2010

April 21, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. was named by National Real Estate Investor as one of the Top 50 Apartment Management firms by the National Multi Housing Councils authoritative ranking of the nations 50 largest apartment owners and managers. McKinley was ranked number 45 and is a newcomer to the list in this, NMHCs 21st annual ranking. The Top Owner and Top Manager lists and the analysis that accompanies them have provided the only historical benchmark to measure industry trends according to the National Real Estate Investor.

We are thrilled to be ranked on the NMHCs Top 50 list, states Albert M. Berriz, McKinleys Chief Executive Officer. We are proud of our four decades in the industry, as well as to be highlighted as one of five companies with the largest portfolio growth last year, at a time when others are downsizing.

Based in Washington DC, the National Multi Housing Council provides leadership for the apartment industry. The Council focuses on key issues such as federal advocacy, strategic business information, industry research and public affairs. The council targets such issues as housing policy, energy and environmental affairs, tax policy, capital markets, fair housing, building codes, technology, human resources, rent control and more.

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 29,269 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.

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April 14, 2010

Albert L. Berriz never expected to end up in the family business, but after several twists and turns in his life story, he was recently promoted to the vice president/director of residential sales & marketing for McKinley.

Berriz grew up in Orlando, Fla., where he said his father, Albert M. Berriz, was a part of McKinley all my life. Later, the family moved to Ann Arbor to be in the center of the business. Albert M. Berriz is CEO of McKinley.

Albert L. Berriz said he lived in McKinley properties as a child, grew up considering McKinley employees as friends and absorbed the companys values through those experiences. As a high school student, he did an internship in business information systems with McKinley and then another as an onsite sales associate at one of the properties.

Theres nothing like being in one of our communities, he said, interacting with property managers, meeting customers and getting to know the front line of the business.

Still, after high school, Berrizs ambitions had nothing to do with real estate investment, property management or the other services McKinley provides

I dont think I ever pictured myself working at McKinley, Berriz said.

He earned a bachelors degree in philosophy from the University of Michigan, developed an interest in competitive online gaming and traveled the world gaming.

Once he started working in the field, though, he discovered he enjoyed playing the games more than creating them. The next thing that piqued his interest was Internet marketing. He had ambitions to team up with a friend in Chicago and run their own marketing firm.

However, Berrizs father asked him to come do a six-month trial run at McKinley, putting his knowledge of social media and his passion for viral marketing to work there. The rest is history.

While at McKinley, Berriz led his team to develop several initiatives, including my.mckinley.com an online community for residents of McKinley properties. Through the site, they can pay bills, communicate with property managers and make complaints and suggestions.

Those customer suggestions, Berriz said, really are implemented. For instance, it was because of a customer suggestion that recycling services were started at a local McKinley apartment complex.

Berriz said he believes he is providing an important product. Its a very specific product, not just a toaster oven, he said. What hes marketing, he says, is a home, where people spend most of their day-to-day lives, adding that its one of the biggest payments, next to a vehicle, theyre likely to make.

We impact lives, he said. Its harder to do that when youre selling a tool belt. Its different when its a home.

And moreover, nobody likes to move Moving is a nightmare, he said so he wants to make customers happy so they dont have to.

Background

Age: 24.

Education: University of Michigan - degree in philosophy.

Family: Wife, Natalie Berriz, and parents Albert M. and Paula Berriz.

Residence: Ann Arbor.

Business Insights

Best business decision: My best decision period was marrying my wife; no other decision compares enough to mention, in or outside of business.

Worst business decision: Not deciding soon enough, no matter the decision.

Best way to keep a competitive edge: Trusting my instincts.

Personal hero: Leonard Kahn & Armando Pipo Berriz.

How do you motivate people? By keeping things simple, setting high expectations and making it a point to have fun every day.

What advice would you give to yourself in college? None.

Word that best describes you: Confident.

First Web site you check in the morning: My.mckinley.com, to connect with our residents.

Confessions

What keeps you up at night? Nothing.

Pet peeve: Excuses.

Guilty pleasure: Watching crazy unrealistic sci-fi shows.

First job: At a start-up games developer in Los Angeles.

Treasures

Favorite cause: Neutral Zone Teen Center (where my wife works).

Favorite book: The Foundation Trilogy (Asimov).

Favorite movie: Gladiator.

Favorite hobby: Competitive gaming.

Favorite restaurant: Green Zebra (Chicago).

LinkedIn, Facebook or Twitter? All three - we have customers who like to use each!

Typical Saturday: Relaxing and spending time with my wife.

What team do you root for? Team McKinley.

Wheels: Same car Ive had since I was 16 - a Black VW Jetta.

Sarah Rigg is a freelance writer and a frequent contributor to AnnArbor.com. You can reach her at sarahrigg@yahoo.com.

Online article here: http://www.annarbor.com/business-review/albert-l-berriz-vice-presidentdirector-of-residential-sales-marketing-mckinley/

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April 14, 2010

April 15, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244


For Immediate Release

McKinley Announces Receivership of 37,000 SF Shopping Center in Florida

McKinleys Commercial Client Services group is pleased to announce that the 12th Judicial Circuit Court of Manatee County, Florida has appointed McKinley as Receiver for the Cortez Village Plaza Shopping Center. The 37,000 square foot retail center is located in Bradenton, Florida.
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 29,117 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 Commercial Client Services and Property Management, please contact Matthew D. Mason at 734-769-8520 x267.


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April 5, 2010

April 1, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release



McKinleys Residential Client Services is pleased to announce the successful disposition on behalf of our valued client of a 27 unit apartment home community located at 13600 LaSalle in Detroit, Michigan.

We are excited to have the opportunity to apply our proven track record of success to assist with this asset. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.

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 29,117 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.

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March 31, 2010

March 31, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


McKinleys Residential Client Services is pleased to announce the successful disposition on behalf of our valued client of Fairview Apartments. Fairview Apartments is a 104 unit apartment home community located in Pompano Beach, Florida. McKinley was appointed Receiver by the Circuit Court of the Seventeenth Judicial Circuit, Broward County, in July 2009.

We were excited to have the opportunity to apply our proven track record of success to assist with this asset. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.

This disposition is a recent example of how McKinley aggressively solves real estate challenges for our clients. From takeover to disposition, the McKinley team enjoys exceeding expectations for our partners and clients.

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 29,117 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.

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March 29, 2010

March 30, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


The Michigan CCIM Chapter and the Michigan SIOR Chapter hosted a Troubled Assets Workshop on Thursday, March 25, 2010. The Commercial Real Estate Troubled Assets Workshop featured a panel discussion focused on current trends, potential solutions, and ways to turn liabilities into opportunities.

The workshop was held at the Watermark Country Club in Grand Rapids, Michigan. McKinleys Matt Mason, Senior Vice President & Managing Director of Commercial Client Services was one of the panelists participating in the workshop.

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 29,117 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.

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March 29, 2010



When the owners of Ann Arbors newest coffee shop and yogurt bar were students at the University of Michigans Taubman College of Architecture and Urban Planning, they said they wanted to create an urban space for young professionals and graduate students.

Now, after nearly a year in the making, lab (yes, that's all lowercase) has opened at 505 E. Liberty St. in McKinley Towne Centre in downtown Ann Arbor.

We wanted to create that third place, the escape, the place where you chill, co-owner Joanna Hong said. We love Ann Arbor but we thought something was missing.


labcafe1.jpg

Co-owner Tobias Wacker stands behind the counter of lab, which opened Tuesday in downtown Ann Arbor.


Hong said she and co-owner Tobias Wacker wanted to create a modern, hip hangout such as the kind found more often in big cities such as Hongs native Chicago or Los Angeles, where Wacker attended undergraduate school. William Chang, a third co-owner, lives in New York and helped develop the business financial plan.


Hes very much an entrepreneurial spirit, Hong said.

Hong and Wackers modern design is full of sharp angles, open spaces and an overall sense of simplicity. It was designed by Karl Daubmann and Craig Borum of Ply Architecture in Kerrytown. Alex Trimmer, also with Ply Architecture, built the furniture.

The shops big windows are some of the few things that break up its empty white walls, while custom-made square, wooden furniture provide sleek seating for customers. The caf's lime-green ceiling and subtle accents add an element of color to the otherwise very basic dcor.

Even if its dreary outside, its bright in here, Wacker said. If you come to lab, you should be a little bit happier when you leave. Thats the premise of what were trying to do.


labcafe8.jpg

Lab's yogurt bar includes 16 different types of toppings including fresh fruit, granola and candy.


In addition to a full range of coffee, tea and espresso drinks, lab offers a frozen yogurt bar of four rotating flavors complete with an option of up to 16 toppings ranging from granola, fresh fruit and candy.


In the morning, lab features a cereal bar including childhood favorites such as Lucky Charms and Cinnamon Toast Crunch, as well as a variety of granola.

Weve got both the sugary and the healthy, Hong said. You can totally customize it to your taste.

Hong said customer service is an important aspect of lab, where patrons are able to not only choose their coffee but also the degree of graininess and amount of beans used in the brew.

We want to talk to them about our products and store, she said. We want to take our time with them.

Hong and Wacker also want to help promote local artists and businesses. Most of their yogurt toppings and baked goods come from local suppliers, including products from Barrys Bagels, Tasty Footprints, Caf Japon, Taste Our Goods, Frog Holler Produce and Washtenaw Dairy.

he owners also hope to feature community and student-made films on a movie projector, which displays images directly behind the barista counter.

We just want to promote media and art, Hong said.

Still in its beginning stages, Hong said she and Wacker were still experimenting with the shop, hence its name lab.

She said the shop is open from 8 a.m. to 11 p.m. but that could change, depending on demand.

Its a first business for us all, she said. Were definitely looking forward to learning and getting better. Its a growing process for us.


http://www.annarbor.com/business-review/new-coffee-shop-promises-modern-environment-for-young-professionals/

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March 29, 2010

March 26, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Executive Towers, a 152 unit apartment community located in downtown Toledo. The appointment was made by the Court of Common Pleas, Lucas County, Ohio. Executive Towers is uniquely located with convenient access to downtown Toledo and adjacent to the Mercy College campus. It has breathtaking views and wonderful amenities for the residents. I am confident that by applying our experience and expertise, our team will be able to create value for the stakeholders and the community, states Kenneth P. Polsinelli, Shareholder and Managing Director, Real Estate.

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 29,117 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.

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March 29, 2010

March 22, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


During the recent Special Achievement Awards dinner, the Bay area Apartment Association in Central Florida honored McKinleys Cecelia Ford with the Multi-Site Supervisor of the Year Award. Ms. Ford has over 18 years experience in the apartment industry, joining McKinley two year ago. She is a Certified Apartment Manager and Certified Apartment Property Supervisor. Cecelia is currently Director of Residential Sales in McKinleys Southern Region. She holds a Bachelor of Science in Management from Saint Francis University. Cecelia is actively involved with both the Florida Apartment Association and the Bay Area Apartment Association.

Cecelia is an important member of our Southern Region leadership team and we are proud she was honored with this award, states Jason Schaller, Vice President and Regional Director with McKinley.

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 29,117 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.

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