News


March 29, 2010

March 3, 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 Southern Woods Apartments. Southern Woods is a 104 unit apartment home community located in Tucker, Georgia, a suburb of Atlanta.

We were pleased with the turnaround and that we were able to help our client resolve this troubled asset and that the successful disposition was aided by being 100% occupied, 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.

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March 29, 2010

March 3, 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 CityView Apartments located in Indianapolis, Indiana. CityView is a 166 unit that offers one, two, and three-bedroom high-rise apartments. McKinley was appointed Receiver by the Marion County Superior Court in October of 2008 and had continued to manage the property for our client.

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 25, 2010

March 26, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


McKinley, Inc. has been appointed Receiver for Cross Creek Apartments, a 143 unit apartment community located in Lexington, Kentucky which offers one or two-bedroom apartments and two-bedroom townhomes. Cross Creek Apartments offers a peaceful country atmosphere as well as the convenience of being near downtown, shopping, restaurants, and schools. The appointment was made by the Fayette Circuit Court. Given its fantastic location and great apartment homes, Im confident that our veteran team will 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 25, 2010

March 26, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


McKinley, Inc. is pleased to announce that Residential Client Services has been appointed Property Manager for a six-unit property located at 592 Cooper Street in Atlanta, Georgia.I am confident that by applying our experience and expertise, our team will be able to create value for the stakeholders, 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 17, 2010

March 17, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley is pleased to announce the promotion of Albert L. Berriz from Director of Marketing, Media and Attraction (MMA) to Vice President/Director of Residential Sales & Marketing.

During his tenure with McKinley, Albert has led the MMA team to outstanding results including web design and development, web marketing, social media, and residential sales as well as the development and implementation of my.mckinley.com, an exceptional tool created for customers to connect with McKinley in order to provide feedback, make requests, pay rent or simply find information.

McKinley is truly fortunate to have the many strengths and talents of Albert L. Berriz leading our sales and marketing efforts. Alberts vision for our teams is to achieve our goals via world class service and through creating a tribe of followers/fans that share feedback with us that shape and mold our service delivery. His strategies have connected us to our customers in deeper and more meaningful ways than we have experienced previously, states Karen Andrews, Chief Development Officer.

Karen adds, Alberts expertise as a web/viral marketing and social media expert is just one element of his contributions to McKinley. He is also a thoughtful, dedicated and inspiring leader with a genuine ability for coaching, supporting and mentoring others. He is a member of our Executive Committee, and a key architect of our overall business strategy. We are excited and thrilled to place him in this newly created role with an expanded scope and responsibility.

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 15, 2010

March 16, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


McKinleys Commercial Client Services group is pleased to announce that the Allen County Superior Court has appointed McKinley as Receiver for the North Georgetown Shopping Center. The 30,000 square foot retail center is located in Ft. Wayne, Indiana.

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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March 14, 2010

by Tony McReynolds

posted 6/2/2009

After twenty-three years on Huron Street next to City Hall, Tios Mexican Caf got the boot when the city bought the building last year. Owner Tim Seaver was scrambling to find a new space before his lease ends June 30, and he found one at the eleventh hourin a former Mexican restaurant, no less.

Seaver credits McKinley for making it possible. When the developers of McKinley Towne Centre heard he was looking for new digs, they asked if hed be interested in taking over the space recently vacated by Salsaritas Fresh Cantina on Liberty. We said, well, yeah, Seaver recalls, but we certainly cant pay what we think Salsaritas was probably paying. He says McKinley told him theyd been approached by several chain restaurants but didnt want another chain in there. They wanted a local place, and they made us an offer we couldnt refuse.

The new space is twice as big as the old one4,000 square feet compared to 2,000, which doubles the seating capacity from thirty-five to seventy. Its also twice as tallthe interior soars two stories to an exposed ceiling of beams and ductwork painted a sleek matte black. Tios will upgrade to match by providing table service in addition to take-out and delivery, as well as new menu items, including seafood dishes, steaks, and marinated chicken.

Seavers keeping some of Salsaritas touches, like the spectacular curved half ceiling suspended from the ductwork and painted to look like cloud-strewn blue desert sky. Hes also keeping the concrete bar because the citys already expedited a liquor license. If the state agrees and grants the license, Tios will stock a full bar. But Seaver stresses, Were going to be a restaurant with alcohol, not a bar with food.

Its a happy ending to what was threatening to turn into an ugly dispute between landlord and tenant. The city was delighted to find that we found a spot, because we were a thorn in their side, says Seaver, referring to his very public battle to get the city to help him relocate. City officials are anxious to put it all behind them. In addition to expediting the liquor license, they made a deal with Seaver to forgive his last two months rent if he was out by June 10.

For his part, Seaver admits the city didnt really have a free hand in helping him relocate. I understood that they did have some restrictions because they had to be careful what kinds of precedents they set, he says. But I still wanted to beat up on them.


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March 1, 2010

March 2, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinleys Commercial Client Services group has successfully completed another work-out of a distressed asset. The property, Champaign Village Shopping Center, is a 143,120 square foot shopping center that McKinley took over as a court-appointed receiver in February of 2008. This was a successful resolution as McKinley improved the physical appearance of the property, renewed the leases of key tenants and successfully transitioned the asset to a purchaser of the property.

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 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 1,200 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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February 23, 2010

February 23, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release



McKinley, Inc. has been appointed Receiver for a retail building located in Royal Oak, Michigan. The appointment 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 19 states. Headquartered in Ann Arbor, Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,200 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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February 22, 2010

February 23, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release


McKinley, Inc. has been appointed Receiver for a 25,474 square foot office and industrial building located in Madison Heights, Michigan. The appointment 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 19 states. Headquartered in Ann Arbor, Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,200 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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