McKinley Grows in Florida

August 31, 2011

ORLANDO, FLORIDA McKinley is pleased to announce the acquisition of Oakwood Apartment Homes in Orlando, FL on behalf of its client, Karlin Real Estate. McKinley served as the real estate advisor and is the new property manager for this 304 unit community. Oakwood Apartment Homes represents the fourth apartment acquisition by Karlin in central Florida. Located on a beautiful campus setting between Universal Studios and the Mall at Millenia, Oakwood offers an incredible combination of location, amenities and floor plans for customers looking for a great home in Southwest Orlando.

"McKinley has owned and operated apartment communities in this market since 1982, and we are excited about the opportunity this acquisition provides for our client," said Kenneth P. Polsinelli, Chief Real Estate Officer. "This transaction utilized the entire platform of McKinley's real estate advisory services including asset selection and contract negotiation, physical condition and needs assessment, financial modeling, as well as property management and leasing. We are especially pleased that McKinley was able to deliver Karlin Real Estate a complete solution from start to finish on this asset in less than 30 days."

For information about McKinley's Institutional Client Services, please contact Kenneth P. Polsinelli, Chief Real Estate Officer at 734-769-8520 x230.