McKinley Announces Successful Disposition

December 1, 2011

INDIANAPOLIS, INDIANA McKinleys Residential Client Services is excited to announce the successful disposition of The Cottages of Falls Creek and The Orchard. The Cottages is a 753 unit multifamily asset and The Orchards has 378 units, both are located in Indianapolis, IN.McKinley began managing both assets under a Receivership Order in October 2009. During their management McKinley was able to increase occupancy and value greatly for both properties.

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

For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x230.