McKinley Announces Successful Disposition of Cypress Post Apartments

April 22, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinleys Residential Client Services is pleased to announce the successful disposition on behalf of our valued client of Cypress Post Apartments. Cypress Post Apartments is a 19 unit apartment community located in Jacksonville, Florida.

We were excited to have the opportunity to apply our proven track record of success to assist with this asset, states Albert M. Berriz, Chief Executive Officer.

This disposition is a recent example of how McKinley aggressively solves real estate challenges for our clients. From takeover to disposition, the McKinley team enjoys exceeding expectations for our partners and clients.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.4 billion in assets in 139 properties for its own account and for select clientele. This includes 29,269 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.

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