News


February 19, 2012

Read this great article from Multifamilybiz.com about McKinley repositioning a 294 unit apartment community in Miami, Florida!

http://www.multifamilybiz.com/PR/1006/McKinley_Repositions_294Unit_Miami_Community

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February 15, 2012

Read this great article that Ann ArborArea Business Monthly wroteabout the expected rise of Commercial Real Estatein 2012. Click the link below and then click on the February 2012 Business Monthly link at the bottom of the page.

http://annarborbusinessmagazine.com/

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February 15, 2012

CLEARWATER BEACH, FLORIDA McKinley is pleased to announce that it has been appointed by the Pinellas Circuit Court as Receiver for three beachfront motels in Pinellas County. The McKinley team was selected for its ability to immediately add value and to quickly cure the outstanding defects. "These assets present a unique challenge and a tremendous opportunity for us to leverage our 30 year history and experience in Florida," said Matt Mason, Managing Director.

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 create value for all of the stakeholders, added Albert M. Berriz, Chief Executive Officer.

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February 15, 2012

MIAMI, FLORIDA McKinley is pleased to announce the successful resolution of Rio Apartments in Miami, FL. Rio is a 294 unit apartment community located in the Fontainebleau neighborhood of Miami. McKinley was hired by the court appointed Receiver to stabilize the community, cure deferred maintenance and to address numerous resident concerns. In only 25 days, the community was repositioned resulting in a 100% recovery of the outstanding debt.

We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued stakeholders, states Albert M. Berriz, Chief Executive Officer of McKinley.

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February 15, 2012

Read all about Colliers International, an Ann Arbor commercial real estate company, moving into the first floor of McKinley Towne Centre.

http://annarbor.com/business-review/ann-arbor-commercial-real-estate-company-moves-into-first-floor-of-mckinley-towne-centre/?cmpid=NL_BR_mainphoto

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February 13, 2012

Questions about investing in secondary and tertiary multifamily marketsor managing distressed assets? Albert M.Berriz, CEO of real estate investment firm McKinley, will be taking over the Multi-Housing News Facebook pagehttp://www.facebook.com/MHNonFBon March 13th at 2 p.m. EST, to share his expertise and answer your questions. Don't miss this!

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February 8, 2012

COLUMBUS, OHIO McKinley is pleased to announce that it has commenced management at The Falls Apartments in Columbus, Ohio. The Falls Apartments consists of 133 units and is part of a larger institutional relationship for which McKinley has responsibility for property and asset management.

We are thrilled to expand our relationship with this assignment, and are eager to duplicate our success at 93east Apartments in Atlanta at this beautiful community as well. McKinleys successful track record of adding value for owners through increased occupancy, collections and rental rates along with exceptional property andasset management makes us ideally suited for this opportunity, and we look forward to enriching the quality of life for the residents living at The Falls, states Kenneth P. Polsinelli, Chief Real Estate Officer.

McKinley has a major presence in Columbus and throughout Ohio with both residential and commercial assets. "We have been in Ohio since 1989," said Polsinelli "and Ohio is a major component of our Midwestern platform. We can execute quickly and effectively throughout the entire state creating value for ourselves and select clientele." In addition to numerous residential and commercial client assets throughout Ohio, McKinley owns and operates Akron Centre Plaza and First Energy Plaza, twin office towers in Downtown Akron with 600,000 SF of leasable space.

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February 6, 2012

Read this great article featuring McKinley's philosophy on condo conversion.

http://mydigimag.rrd.com/publication/?i=97696&pjs=1&&pn=&ver=swf&p=31

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February 1, 2012

Read this great article about McKinley Executivesbeing elected to the NMHC Board of Directors!

http://www.multihousingnews.com/newsinbrief/mckinley-executives-elected-to-board-of-directors-of-nmhc/1004048084.html

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February 1, 2012

ORLANDO, FLORIDA McKinleys Residential Client Services is pleased to announce the successful disposition of Oak Cluster in Orlando, FL. McKinley began managing this 44 unit multi-family complex in April of 2011. During their time at the property, the McKinley team successfully improved the quality of life for their residents while increasing occupancy by 27%.

We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued stakeholders, states Albert M. Berriz, Chief Executive Officer of McKinley.

For more information on McKinley, please contact Kenneth P. Polsinelli at 734-769-8520 x 230 or kpolsinelli@mckinley.com.

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