April 28, 2013
Check out the great article featured on annarbor.com about McKinley's idea to build affordable rental housing on a vacant 4.47-acre parcel on South State Street.
April 28, 2013
Check out the article featured on Annarbor.com about Ann Arbors first major planning study of the South State Street area in 22 years. The South State Street Corridor Plan is nearing completion and it will likely result in a new chapter added to the citys master plan.
April 22, 2013
HOLLAND, MI McKinley's Commercial Client Services is proud to announce the successful disposition of Lakeshore Medical, located in Holland, Michigan. Lakeshore Medical is a four-building medical office complex totaling 120,382 square feet. Since McKinleys takeover in March of 2012, life safety issues were addressed, roof replacements were completed and several leases were renewed with the anchor tenant, Holland Hospital.
I am very pleased with our teams results at Lakeshore Medical as well as the successful outcome on behalf of all stakeholders, stated Matthew D. Mason, SVP and Managing Director, Commercial Client Services.
April 18, 2013
ORLANDO, FLORIDA - McKinley announced today that Kenneth P. Polsinelli, its Chief Real Estate Officer, has been appointed Receiver for the Florida Empirian Portfolio. The portfolio consists of 21 assets and a total of 2,141 units located throughout Southern, Central and Northern Florida. "We are very excited to apply the resources of our Florida platform to this assignment," commented Polsinelli. "This is a complex assignment as the geography stretches from Southern Dade County up to the Panhandle. There are few organizations that can mobilize instantly to take over a distressed portfolio of this size with such a broad geography throughout the state of Florida," added Polsinelli.
Florida is McKinley's largest concentration of assets under management with over 12,000 multifamily units and a large retail and office portfolio located throughout the state. McKinley has been actively managing and investing in Florida since 1982, and it has over 500 marvelous team members on the ground throughout the state. "Ken has done an extraordinary job mobilizing quickly for this takeover with the support of Alex Jackiw and her Florida based leadership team," said Albert M. Berriz, CEO. "We will execute at a very high level for all of the stakeholders in this most complex real estate transaction and are committed to delivering superior results" added Berriz.
April 17, 2013ANN ARBOR, MI McKinley is pleased to announce the promotion of Julie Budge to Vice President, Residential Client Services. Since joining McKinley in 2011 as a Regional Director, Julie has been a driving force in the success of McKinleys expansion into Texas. Among other achievements, Ms. Budge has successfully built teams in new locations that reflect the companys core values. In her new role, Julie will report to Royal Caswell, Chief Operating Officer at McKinley.
Please join McKinley in congratulating Ms. Budge on this important and well deserved promotion.
I am both proud and pleased to announce this promotion, stated Mr. Caswell. Julies effectiveness has been tremendous and I look forward to working side by side with her as she undertakes this new role.
April 10, 2013
WASHINGTON, D.C. McKinley earned national recognition today by making the National Multi Housing Councils (NMHC) 2013 NMHC 50, the annual ranking of the nations largest apartment owners and managers. McKinley is the 38th largest apartment manager in the country, with 34,177 units in 25 states.
We are honored to be named once again to NMHCs Top 50 list of apartment owners and managers. We value the work of NMHC in our industry and are proud of our affiliation with the organization, shared Albert M. Berriz, Chief Executive Officer of McKinley.