McKinley Announces Successful Disposition in KentuckyAugust 3, 2010
August 4, 2010
Contact: Mary S. Williams
734-769-8520 ext. 244
For Immediate Release
McKinley Client Services is pleased to announce the successful disposition of Cross Creek Apartments. Cross Creek Apartments is a 143 unit apartment community located in Lexington, Kentucky. McKinley operated Cross Creek under receivership since March 2010.
We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued client, states Albert M. Berriz, Chief Executive Officer of McKinley.
McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.4 billion in assets including 139 properties for its own account and for select clientele. This includes 30,039 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.