News


December 19, 2012

ANN ARBOR, MI - McKinley is pleased to announce the promotion of Chris Allen to Assistant Director, Commercial Portfolio Management. Since joining McKinley in August 2010 as a Senior Accountant, Chris later transitioned to the Commercial Client Services divisionas a Commercial Portfolio Manager. Among other achievements, Mr. Allen has successfully managed nearly 2.5 million square feet of commercial real estate assets. In his new role, Chris will report to the Senior Vice President and Managing Director, Real Estate.

Please join McKinley in congratulating Mr. Allen on this important and well deserved promotion.

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December 12, 2012

ANN ARBOR, MI - McKinley is pleased to announce it has been appointed property manager by an institutional private equity investor of Jasmine at Holcomb Bridge, a 437 unit apartment home community in Alpharetta, Georgia. The community is located just minutes from GA-400 and North Point Mall, great shopping and dining, medical facilities and recreation.

We appreciate the opportunity to manage Jasmine at Holcomb Bridge on behalf of our important client, states Albert M. Berriz, Chief Executive Officer of McKinley. We have completed over 30 successful workouts in Greater Atlanta and we are excited to apply our extensive expertise in managing this asset.

McKinley has been actively involved owning and operating multifamily and commercial real estate in Georgia since 1988.

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December 11, 2012

Ann Arbor, MI - McKinley's Commercial Client Services Group announces the successful workout of Fairway Center, a 78,447 square foot office and retail development in Akron, Ohio. McKinley was appointed receiver in 2006 and during the lengthy period as receiver and manager, the assets were positioned for sale by prevailing in an easement litigation matter, renewing the anchor tenant for a long-term lease, and executing several new leases.

"We are very pleased to add another successful chapter to the McKinley Commercial Client Services track record," commented Matthew Mason, Senior Vice President and Managing Director of Real Estate at McKinley. "The McKinley team successfully managed this asset through a complex and challenging easement issue which was ultimately decided by the Ohio Court of Appeals," stated Mason.

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December 2, 2012

Ann Arbor, MI - McKinley is proud to announce Barbara Kirk has been hired as Community Manager of Las Palmas Apartments, one of the oldestapartment home communitiesin Las Vegas with a history of providing homes for entertainers and artists (past and present) including the Rat Pack.

Ms. Kirk is a member of Nevada State Apartment Association and has been a member of the Association's Legislative Committee for many years.Kirkreceived the A.C.E. award for achieving customer excellence in both 2000 and 2001. Barbara will be responsible for leading all efforts at the community including marketing and outreach.

Please join McKinley in welcoming Barbara Kirk to the McKinley family.

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November 26, 2012

ANN ARBOR, MI - McKinley's Ted Bott has been promoted to Regional Director Operations, Florida. Mr. Bott began his career with McKinley in Ann Arbor in early 2010, seamlessly moving through the ranks from senior sales associate to property management before garnering this latest promotion announced today.

"Ted has a very keen understanding of what it takes to be successful at McKinley and he freely shares this knowledge with his teams," states Albert L. Berriz, Managing Director, Residential Real Estate. "Ted's intelligence and work ethic enable him to be an incredible problem solver and advocate for our customers," says Berriz.

Ted will assume his role as Regional Director, Operations in Florida in January 2013.

McKinley congratulates Ted Bott on this very well deserved promotion.

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November 26, 2012

ANN ARBOR, MI McKinley announces the promotion of Ken Ford to Associate Director, Operations, Indiana/Illinois. Mr. Ford joined McKinley as Community Manager in 2011, operating Brandywine and The Courts in Indianapolis/Carmel, Indiana.

"Ken is an independent and decisive leader," states Albert L. Berriz, Managing Director, Residential Real Estate. "He delivers results and has strong moral principles which is something I greatly admire and respect," says Berriz.

Ford will lead all of McKinley's owned properties in Indiana & Illinois, including Carmel Woods, Brandywine, The Courts, Hessel, Champaign House, & Westbury.

Please join McKinley in congratulating Ken Ford on his well deserved promotion as he assumes this new leadership role in Illinois and Indiana.

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November 25, 2012

Ann Arbor, MIMcKinleyannounced today that they haveacquiredTraver Knoll Apartments, a 216 unit garden apartment community on the north side of Ann Arbor.With this acquisition,McKinley now owns more than 5,300 units in theregion, a dominant footprint in this vibrant market.

"Ann Arbor is the economic engine of theMidwest. It's a college, medical and research powerhouse that is fundamentally recession proof because of the 'jobs creator' thatthe University of Michigan has becomefor the region,"said Albert M. Berriz, CEO of McKinley. Berriz added..."We areextremelycommitted to Ann Arbor, the region is enjoying an influx ofGen Y graduates and new economy workforce workersseeking to live here based upon thearea'soverall economic health, entrepreneurial activity, access togreatarts and leisureas well asa quality of life that is second to none.As a matter of fact, the north side communities of Ann Arbor are the best performing communities in our entire Midwest US portfolioandthis acquisition willhelpfurther solidify our position in the marketplace."

McKinley continues to make strategic acquisitions throughout its 25 state platform for its own account and for its institutional clients and partners. In addition to Ann Arbor, the major focus of growth has been along the I-85 Corridor from Maryland to Georgia, the I-4 corridor from Tampa to Orlando, Texas and Nevada.

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November 25, 2012

ANN ARBOR, MI McKinleys Commercial Client Services division has successfully disposed of another asset on behalf of our client. McKinley wasappointedmanager of West Acres, a95,089 squarefoot VG'sgroceryanchored retail center in Flint Township, Michigan on January 10, 2012. The Commercial Client Services team reduced expenses and increased NOI whilesimultaneously stabilizing the rent roll,enabling another successful disposition.

"We are very pleased to add another successful chapter to the McKinley Commercial Client Services track record, and are also pleased with the result on behalf of our important client." commented Matt Mason, Senior Vice President and Managing Director of Real Estate at McKinley.

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