McKinley Appointed Receiver for Apartment Community In Lexington, Kentucky

March 25, 2010

March 26, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Cross Creek Apartments, a 143 unit apartment community located in Lexington, Kentucky which offers one or two-bedroom apartments and two-bedroom townhomes. Cross Creek Apartments offers a peaceful country atmosphere as well as the convenience of being near downtown, shopping, restaurants, and schools. The appointment was made by the Fayette Circuit Court. Given its fantastic location and great apartment homes, Im confident that our veteran team will create value for the stakeholders and the community, states Kenneth P. Polsinelli, Shareholder and Managing Director, Real Estate.

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 29,117 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.