McKinley Appointed Receiver of Timberfalls and Sunset Trace

April 9, 2009

April 10, 2009

Contact: Mary S. Williams

734-769-8520 ext. 244

For Immediate Release

McKinley, Inc. has been appointed as Receiver for Timberfalls at Blakely located in Olyphant, Pennsylvania and Sunset Trace Apartments located in Melbourne, Florida. Timberfalls is a 100 unit apartment home community conveniently located near Scranton and I81. Sunset Trace is a lovely apartment and townhouse complex consisting of 86 units located in Brevard County, near Melbournes Central Business District and within walking distance to Florida Tech University. Both properties are near many shopping areas and entertainment options. The appointment for Timberfalls was made by the Court of Common Pleas in Lackawanna County and the appointment for Sunset Trace was made by the Circuit Court of the 18th Judicial Court in Brevard County.

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 $2.4 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 15 states. Headquartered in Ann Arbor Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,050 full-time employees nationwide.