October 10, 2018
McKinley Companies is excited to announce the award of a new real estate advisory services assignment in East Lansing, Michigan. This student housing portfolio consists of three assets totaling 429 beds. The locations are walkable to the main campus of Michigan State University and to all the redevelopment occurring on Grand River Avenue.
The Tower at Campus View is a seven-story, 234 bed community offering on-site parking, heated outdoor pool and terrific fitness facility. Unit styles are large formats and range from studios to 3 bedrooms. The Manor at Campus View is a 56 bed community with various 4 bedroom floor plans. The Gates at Campus View has 139 beds in two unit types – 2 bedroom and 4 bedroom – each with in-unit washers and dryers.
“These locations are phenomenal and in the middle of everything going on in East Lansing” remarked Royal Caswell, SVP and Managing Director of McKinley Companies. “The owner is a California-based student housing investor who we know well. McKinley continues to grow its third party management business with clients who appreciate our operating philosophies and in locations we know well“ offered Caswell.
Since 2001, McKinley has operated 65,000 units of multi-family and 25 million square feet of commercial space for select clientele, including over 250 court ordered receiverships. Residential asset classes range from traditional market-rate garden style apartment communities, to low/moderate income (Section 8 and Section 42 LIHTC) housing, to senior housing, and to student housing. Commercial asset classes include retail, office, and industrial.
For more information on real estate advisory services available with McKinley Companies, please contact Royal Caswell at email@example.com or (734) 389-8387.