McKinley's Deep and Solid Leadership Bench Ready to take us into the Next 50 Years

Albert M. Berriz, CEO, Co-Owner, and Co-Managing Member of McKinley announced today that Kenneth P. Polsinelli, Chief Real Estate Officer, is leaving to embark on a new venture focusing on his own real estate activities throughout Florida. McKinley and Polsinelli have entered into a consulting arrangement allowing him to support Berriz and McKinley in certain of its Florida real estate efforts. "I am excited for Ken as he has done a tremendous job for us over the past 17 years, and I am confident he will be very successful in his new venture" commented Berriz. "We have a deep and rich history together.  I am excited that he and I will continue to work together in this new capacity, and I am equally excited to help him build a bridge to his new endeavor" added Berriz.

McKinley also announced various important promotions and organizational changes that are in effect immediately. "We have a very deep bench, and our people are poised and positioned to take us into the next 50 years, as we are soon to celebrate our 50th Anniversary in 2018," commented Berriz. "I am enormously proud of what our team has accomplished and excited to see what the future will bring" added Berriz.

Jim Willett has been promoted to Senior Vice President & Managing Director - Finance. "Jim has been with us since January 2006, and he has transformed our banking platform and our finance platform. His additional duties will include acquisitions, dispositions and major transactions. Jim is an extraordinary executive, his ability to execute in this arena is proven and I am excited with what his future will bring. Most recently, Jim has successfully executed on over $1 Billion of long term debt and commercial bank financing over the past few years, positioning our balance sheet for the long term," offered Berriz.

Albert L. Berriz has been promoted to Senior Vice President & Managing Director - Owned Residential Real Estate. "Albert has been with us since June 2008, and he has transformed our residential platform with his servant leadership style, his laser customer centric focus, and his ability to align and connect our people with our extraordinary results. Albert has seasoned leaders in position across the platform, and he has consistently delivered an enviable NOI and cash flow performance. We are very confident with Albert's ability to lead what is the largest and most valuable part of our real estate platform and the best is yet to come for him and his team," offered Berriz.

Matt Mason has been promoted to Senior Vice President Commercial Real Estate & Special Advisor to the CEO - "Matt has been with us since July 2005, and he has proven himself over and over again leading our Owned Commercial and Institutional Commercial Real Estate platforms. His leadership style is exceptional; he has a great rapport with clients, his team and all involved, and he has a proven track record of financial and leadership success over the years. In addition to his commercial duties, I have asked Matt to join me in the Office of the CEO as a Special Advisor on all matters relating to the enterprise," added Berriz.