McKinley Appointed Receiver of Georgia Portfolio

March 14, 2009

March 13, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

On March 12, 2009 McKinley, Inc. was appointed as Receiver for a group of several Georgia properties. The properties include Lacota Apartments, a 266 unit community located in Doraville; Sinclair Apartments, a 352 unit apartment home community located in Norcross near I-285 and I-85; Alden Ridge, a 372 unit community in Clarkston with easy access to Stone Mountain Freeway, I-20, and I-285; Steeple Chase located in Norcross which includes 305 units and Somerset at the Crossing in Tucker which offers 264 units. The appointment was made in the Superior Court of Gwinnett County, Georgia.

We are pleased that we have been selected to assist with these communities. states Garrett Hain, Vice President, Residential Client Services. I am confident that by applying our teams passion and expertise, we will be able to enrich the quality of life for the residents and create value for the stakeholders.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.2 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 14 states. Headquartered in Ann Arbor Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,050 full-time employees nationwide.