May 4, 2018
McKinley is proud to partner with Project Healthy Schools to purchase water bottle filling stations for Tappan, Slauson, Forsythe, Scarlett, and Clague middle schools. READ MORE
March 15, 2018
MLive.com covers Ann Arbor's newest apartment and retail complex, The George. To read more Click Here
February 28, 2018
Ann Arbor, Michigan - McKinley, Inc., one of the nation’s largest residential and commercial real estate development companies, has called upon Washtenaw Community College to help train building maintenance professionals for employment at the company’s apartment and housing units around the Ann Arbor/Ypsilanti area.
Applicants are sought to fill a three-week paid Maintenance Apprenticeship Program that begins on Monday, April 16. The training program was designed by the WCC Workforce Development department and will be led by WCC instructors on-site at McKinley.
Those selected to join the program will transition into a maintenance tech role with McKinley upon successful completion. The starting wage for the positions is approximately $13.50 per hour, plus a generous benefits package for those who meet minimum qualifications.
“McKinley is excited to join with Washtenaw Community College for our Maintenance Apprenticeship Program,” said Will Epps, Associate Vice President of Operations at McKinley. “This partnership will allow us to cultivate and grow talent in our workforce and, at the same time, give back to our community that we are invested in by providing education and careers.”
Those interested in joining the program should attend one of three informational sessions at the Glencoe Hills Apartments clubhouse, located at 2201 Glencoe Hills Drive in Ann Arbor.
The two-hour informational sessions will be held on Monday, February 26 (10 a.m. to noon), Wednesday, March 7 (noon to 2 p.m.) and Monday, March 12 (2 to 4 p.m.). Each session will cover “A Day in the Life of a Building Maintenance Professional,” including a video presentation, a panel of industry experts, a tour of a McKinley property and details on compensation and benefits.
The program includes 20 hours of WCC instructor-led classes per week that will focus on grounds maintenance, appliance repair, drywall installation and patching, basic plumbing and electrical repair and painting.
“Our Workforce Development team has put together 60 hours of professional-level classroom instruction that we’re eager to take out to McKinley properties,” said Niko Dawson, WCC’s Dean of Economic and Community Development. “We believe we’ve put together a program that will develop the solid roster of maintenance professionals that McKinley needs to provide high-quality maintenance services to its residents and give job seekers in our community a jumpstart to finding a long and successful career.”
Any interested candidate:
Must be 18 years old or able to obtain a work permit.
Must have access to a vehicle and have a valid driver’s license
Does not use illegal drugs and must pass a drug screen and background check
Must have good fine motor skills, like using hand/power tools and have the willingness to learn on the job
Must enjoy providing excellent customer service for community members
Must adhere to McKinley dress code policies, which does not allow visible tattoos or piercings
“We had about 15 people show up for the first informational session on Monday at Glencoe Hills. Candice Thom, our Recruiting Manager has put this whole program together start to finish” further added Betsy Berriz, Vice President, Owned Residential.
For more information or to ask questions about the Maintenance Apprenticeship Program, contact a program representative at 734-747-2936.
February 28, 2018
MLive.com features McKinley and Washtenaw Community College as they team up to help train building maintenance professionals for employment at the company's apartment and housing units around the Ann Arbor and Ypsilanti area. READ MORE
February 28, 2018
Crain's Detroit Business features McKinley and Washtenaw Community College as they team up on a three-week apprenticeship program set to begin in April.http://www.crainsdetroit.com/article/20180227/news/654001/mckinley-teams-with-washtenaw-community-college-to-train-maintenance READ MORE
January 23, 2018
Norfolk’s JANAF Shopping Yard may be seeing some new retailers and development in the coming years thanks to a new owner, Wheeler Real Estate Investment Trust Inc. CLICK HERE
January 9, 2018
Wheeler Real Estate Investment Trust, Inc. Announces Contract to Acquire JANAF Shopping Yard in Norfolk, Virginia. To read more news on the JANAF sale CLICK HERE
December 28, 2017
PHOENIX, AZ. - The McKinley Companies announced today that it closed on the sale of the 35th and Greenway Shopping Center located in Phoenix, Arizona, an asset it has owned since the 1980’s. The sale is part of McKinley’s strategic effort to exit the retail commercial real estate business as it migrates its real estate holdings to an all Multifamily platform.
“We are focused, passionate and we have executed our strategic exit from retail real estate flawlessly,” offered Albert M. Berriz, Managing Member, Chief Executive Officer, Board Member and Co-Owner of McKinley. “We expect our remaining dispositions to close in Q1 and Q2 2018,” further offered Berriz.
December 27, 2017
ANN ARBOR, MI. - The McKinley Companies announced today the successful completion of supplemental financings for two of its generational Multifamily assets that it owns in Indiana and Florida. The communities, Carmel Woods a 314-unit community located in Carmel, Indiana, and Turnbury at Countryside a 350-unit community located in Clearwater, Florida, exceeded all operational expectations and thus allowed McKinley to secure supplemental financing from Fannie Mae well in advance of its anticipated target date.
“The team at Berkadia led by our good friends Ernie Katai and Justin Wheeler performed flawlessly along with our friends at Fannie Mae as they both always do,” offered Albert M. Berriz, Managing Member, Chief Executive Officer, Board Member and Co-Owner of McKinley. “Once again, our Owned Multifamily team led by Albert L. Berriz, exceeded all expectations, generating exceptional revenue and net operating income gains at these communities, allowing us to execute these financings well ahead of plan,” further added Berriz.
The Indianapolis and Tampa Bay markets are core markets for McKinley, having owned and operated Multifamily communities in Indianapolis since 2001 and Central Florida since 1982.
December 26, 2017
GRAND RAPIDS, MI. - The McKinley Companies announced today the acquisition of a Triple Net Lease Asset located in Grand Rapids, Michigan. The property is occupied on a long-term lease by a Wal-Mart Supercenter, located on 28th Street SE, just off US-96 and in close proximity to the Gerald R. Ford International Airport. The acquisition is part of McKinley’s strategic direction to exit the office and retail asset classes and become primarily a Multifamily enterprise.
“As we exit our retail and office holdings, we are moving capital to Multifamily primarily, and also into high quality investment grade triple net leases. We plan to eventually rotate all of our capital into Multifamily over time as opportunities arise, and markets shift to being more of a buyer’s market,” offered Albert M. Berriz, Managing Member, Chief Executive Officer, Board Member and Co-Owner of McKinley. “In the interim, our Triple Net Investments will only be of the highest credit quality and in conjunction with being extraordinarily well located real estate. The Grand Rapids location was a natural choice for us of course, it’s a market and a location we know very well and we are very pleased to have it in the portfolio,” added Berriz.
McKinley was supported by Comerica Bank in this acquisition, one of its longest commercial banking relationships it has had over the years. “Comerica is family for us, they are always there for us, and they did a terrific job on the execution of this transaction as they do in everything they do for us,” further added Berriz.