McKinley Awarded Varsity Place Management

January 16, 2013

DALLAS, TEXAS - McKinley is pleased to announce that it has been engaged to manage Varsity Place, a 675 bed/484 unit rental community located near the campus of the University of Texas - Tyler on behalf of an institutional client. Varsity Place features a variety of amenities and is ideally located for UT students, medical center employees and the numerous surrounding employers.

"We are pleased to be able to apply our team's creative talents to this assignment and to generate value for all stakeholders" said Albert M. Berriz, McKinley's CEO. "Our Dallas-based team is excited for this opportunity and we continue to expand our efforts throughout Texas."

McKinley's Texas efforts lead by Trey Caswell, Chief Operating Officer, have been enormously successful. Caswell, a Texas native, and his Texas based team have created significant value for McKinley's institutional clients. "We are our proud of our value creation track record in the state of Texas" added Caswell. "We can move very quickly and add significant value for our clients from our leadership hubs in Houston and Dallas."