McKinley Awarded Management of Newly Acquired FX3 Portfolio

March 3, 2013

HOUSTON, TEXAS - Albert M. Berriz, CEO of McKinley announced today that McKinley was
appointed property manager for the recently acquired 3,709 unit FX3 portfolio. The FX3 portfolio
is located throughout McKinley's core operating platform with properties located in Las Vegas,
NV; Houston, Dallas, Arlington, Desoto, North Richland Hills, and Pasadena, TX; Columbia, SC;
Tampa, FL; South Chesterfield, VA; and Waldorf, MD.

"We look forward to creating significant value for our client and all stakeholders involved in this
most important transaction," offered Berriz. "Our extensive and proven track record with the
FX3 and FX4 portfolios make us uniquely qualified to execute very effectively for all involved,"
Berriz added.

McKinley was recently appointed Receiver for the 4,958 unit FX4 portfolio with properties
located in Dallas, Houston, Irving, Lewisville, N. Richland Hills, and Webster, TX; Albany,
College Park, Warner Robins, and Wellston Ridge, GA; Columbia, SC. Ken Polsinelli, Chief
Real Estate Officer and Trey Caswell, Chief Operating Officer are leading the FX3 and FX4
efforts with teams from our Dallas, Houston, Atlanta and Tampa leadership hubs.