McKinley Appointed Property Manager for Heritage on the River

November 1, 2009

November 2, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been selected as Manager for Heritage on the River. Heritage on the River is a 310 unit apartment property located in a quaint neighborhood hidden along the banks of the Cedar River in Jacksonville, Florida. This apartment community is close to downtown Jacksonville, hospitals, bus stops, and I10, I95 and I295 are only minutes away. The appointment for this property was made in the Clerk of the Circuit Court, Duval County.

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

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 28,358 apartments and over 6.2 million square feet of commercial space located in 19 states. Headquartered in Ann Arbor Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,200 full-time employees nationwide.