McKinley Announces Receivership of Embassy Manor ApartmentsJanuary 30, 2008
January 31, 2008
Contact: Mary S. Williams
734-769-8520 ext. 244
For Immediate Release
McKinley, Inc. has been appointed as Receiver for Embassy Manor Apartments in Detroit, Michigan. This 334 apartment home community is located near the St. John Medical Campus and close to many neighborhood amenities. The appointment was made by the Wayne County Circuit Court in Wayne County, Michigan.
We are pleased that we have been selected to help the residents in a distressed community states Ken Polsinelli, Executive Vice President and Managing Director, Residential Real Estate. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders.
This is McKinleys 32nd appointment as Receiver and Property Manager by various jurisdictions in the ten states in which we operate.
McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $1.8 billion in assets in 103 properties for its own account and for select clientele. This includes 17,248 apartments and 5.0 million square feet of commercial space located in 9 states. Headquartered in Ann Arbor, Michigan, Albert M. Berriz serves as Chief Executive Officer with 717full-time employees nationwide.