News


August 6, 2009

August 7, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been selected as Property Manager for Southern Woods, a 104 unit apartment home community located in Tucker, Georgia, a suburb of Atlanta. The community is located minutes away from Atlanta, GA and is in close proximity to I-285 and I-85.

McKinley expects to increase occupancy immediately and address any outstanding maintenance issues quickly to position the asset for sale for our client, states Nancy Dolan, Senior Vice President, 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.

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August 5, 2009

August 4, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

Ann Arbor, MI We are pleased to announce Jason Schaller has been promoted to Vice President and Regional Director for the Southeast Portfolio. Jason began his career with McKinley more than ten years ago starting in a temporary position on the central construction crew to help pay for his college education. During his tenure, Jason has grown and gained expertise and responsibility in a number of areas both on real estate owned and in our client services portfolio and in the important art of developing talent. During his time at McKinley, Jason has been responsible for over $30 million in renovation and redevelopment and just prior to accepting his new assignment was leading the Client Services teams in Virginia and North Carolina. In his new role Jason will lead our 300+ team members in the Owned Residential Portfolio in Florida and Georgia as we continue to grow our presence and our portfolio in this region. In addition to his professional accomplishments, Jason serves as President of the Rock Cystic Fibrosis Committee and worked with the Ann Arbor Neutral Zone Capital Campaign in a successful building redevelopment. Jason is graduated with Honors from Eastern Michigan University with a Bachelors Degree in Arts Management.

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.

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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.

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August 4, 2009

January 7, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Fullerton Manor, a 42 unit apartment home community located in Detroit, Michigan. The appointment for Fullerton Manor was made by the State of Michigan Wayne County Circuit Court.

We are pleased that we have been selected to assist with this community, states Garrett Hain, Vice President, Residential Client Services. I am confident that by applying our teams passion and expertise, we will be able to enrich the quality of life for the residents and create value for the stakeholders.

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.

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July 22, 2009

July 23, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed as property manager for a 432 unit apartment building located at 11247 San Jose Boulevard in Jacksonville, Florida. This asset represents McKinleys third residential workout in Jacksonville, Florida totaling 1,663 units.

We are pleased that we have been selected to assist with this community. states Garrett Hain, Vice President, Residential Client Services. I am confident that by applying our teams passion and expertise, we will be able to enrich the quality of life for the residents and create value for the stakeholders.

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.

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July 21, 2009

Michigan CEOs believe states economy will worsen, survey shows


Michigan CEOs are pessimistic about Michigans economy in the coming months but believe the national economy will hit bottom and begin to improve, according to a survey released Wednesday by Detroit Renaissance Inc. and the Michigan Business Leadership Council.

The survey of 60 Michigan chief executives found approximately 90 percent forecasting the same or lower employment and Michigan capital investment over the next six months.

Sixty-eight percent said they expect the Michigan economy will worsen over the next six months, while 80 percent believe the U.S. economy will be the same or improve.

Looking ahead 18 months, 80 percent of those surveyed believe Michigans economy will stay the same or worsen, with 49 percent saying the economy will be the same and 31 percent expecting further decline.

However, 78 percent of CEOs believe the U.S. economy will be in recovery.

In a news release, Doug Rothwell, president of Detroit Renaissance and the leadership council, said the survey results should be informative to state policymakers.

The leadership council is a statewide group of corporate executives that meets throughout the year to discuss ways to improve the economy and make Michigan a more competitive place to do business,

The results show two things: First, Michigan cannot expect to grow out of its fiscal crisis anytime soon so it must make structural budget reforms, and second, major changes are needed to stimulate economic growth in this state, Rothwell said.

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July 20, 2009

July 20, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Silver Lake Hills Apartments, a 306 unit apartment home community located in Fenton, Michigan. Silver Lake Hills Apartments offers a unique combination of luxury living apartments surrounded by natural beauty yet close to parks, beaches, and minutes from the Foley Town Square Shopping Plaza. The appointment for Silver Lake Hills Apartments was made in the Circuit Court for the County of Genesee.

We are pleased that we have been selected to assist with this community, states Garrett Hain, Vice President, Residential Client Services. I am confident that by applying our teams passion and expertise, we will be able to enrich the quality of life for the residents and create value for the stakeholders.

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.

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July 19, 2009

July 20, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. is pleased to announce the successful workout of the Pike Plaza Shopping Center in Indianapolis, Indiana. McKinley has managed the operations of the shopping center since its initial appointment as the propertys Receiver in November 2006. Utilizing its established operational and workout platform, McKinley was able to position the shopping center for disposition and achieve a great result for the stakeholders.

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.

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July 13, 2009

July 14, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Fairview Apartments, a 104 unit apartment home community located in Pompano Beach, Florida. The property is located halfway between Interstate 95 and South Dixie Highway. The appointment for Fairview was made by the Circuit Court of the Seventeenth Judicial Circuit, Broward County, Florida.

"We are pleased that we have been selected to assist with this community," states Garrett Hain, Vice President, Residential Client Services. "I am confident that by applying our teams passion and expertise, we will be able to enrich the quality of life for the residents and create value for the stakeholders."

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.

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July 13, 2009

July 13, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for a 15,280 square foot freestanding retail building located in Anniston, Alabama. This is McKinleys first commercial receivership appointment in Alabama, and this asset represents the third commercial workout for our fast-growing Atlanta region. The appointment for the building was made by the Circuit Court of Calhoun County, Alabama.

"Im confident that by applying our experience and expertise, we 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.

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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