Orlando EDC Sees Growth, Despite Slump, As Two Life-Sci Anchors Plan 09 Openings

October 28, 2008

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The apartment market, however, has welcomed a developers confidence in Orlando: McKinley Inc., a residential developer in Ann Arbor, Mich., with nearly $2 billion in assets told theAnn Arbor(Mich.)Business Journalit has begun shifting its focus to Central Florida.

Over the past 18 months, McKinley has snapped up distressed apartment buildings with a combined 2,840 units in the Interstate 4 corridor stretching from the Clearwater/Tampa area to Orlando. He said the company has acquisitions of another 345 units in the works.