McKinley Appointed Receiver for Three Beachfront Hospitality Assets

February 15, 2012

CLEARWATER BEACH, FLORIDA McKinley is pleased to announce that it has been appointed by the Pinellas Circuit Court as Receiver for three beachfront motels in Pinellas County. The McKinley team was selected for its ability to immediately add value and to quickly cure the outstanding defects. "These assets present a unique challenge and a tremendous opportunity for us to leverage our 30 year history and experience in Florida," said Matt Mason, Managing Director.

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 create value for all of the stakeholders, added Albert M. Berriz, Chief Executive Officer.