McKinley Appointed Receiver for Executive Towers in Toledo, Ohio

March 29, 2010

March 26, 2010

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed Receiver for Executive Towers, a 152 unit apartment community located in downtown Toledo. The appointment was made by the Court of Common Pleas, Lucas County, Ohio. Executive Towers is uniquely located with convenient access to downtown Toledo and adjacent to the Mercy College campus. It has breathtaking views and wonderful amenities for the residents. I am confident that by applying our experience and expertise, our team will be able to 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.