McKinley Announces the Promotion of Greg Signer

October 28, 2008

November, 2008

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

Greg joined the McKinley team nearly one year ago with a role of oversight and responsibility for operations in the residential real estate portfolio in all ten states.

Gregs solid background with over fifteen years of experience in residential real estate and his focus on training and development make him a great addition to the Executive Committee. Greg has been instrumental with our expansion in Florida, and he will be a major leadership force for our future.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.2 billion in assets in 117 properties for its own account and for select clientele. This includes 20,622 apartments and over 6 million square feet of commercial space located in 10 states. Headquartered in Ann Arbor Michigan, Albert M. Berriz serves as Chief Executive Officer with 902 full-time employees nationwide.