News
May 18, 2011
May 4, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
YPSILANTI AND WESTLAND, MI McKinleys Residential Client Services is pleased to announce they have been appointed receiver for two properties in Michigan. The 141 unit property, Lake Pointe Apartments, is located in Ypsilanti and a 132 unit property, Trafalgar Square is located in Westland.
We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued stakeholder, states Albert M. Berriz, Chief Executive Officer of McKinley.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x 230.
May 15, 2011
May 16, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
JACKSONVILLE, FL McKinleys Residential Client Service Team is proud to announce that it has been appointed receiver of Princeton Square Apartments in Jacksonville, FL. Princeton Square Apartments is 288 units and located in the Bay Meadows/Southside submarket.
We are excited to have the opportunity to apply our proven track record of success to assist with these assets. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x230.
May 5, 2011
McKinley is pleased to announce the launch of their new blog. McKinley is excited to have this opportunity to better communicate and build relationships with internal employees and external customers on a real time platform.
Check it out... http://blog.mckinley.com
May 5, 2011
May 6, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
COLLEGE PARK, GA The McKinley Residential Client Service team is proud to announce a successful disposition of Lake Regency in College Park, Georgia. Lake Regency is a 384 unit property that McKinley has managed since February 2, 2010.
We are excited to have the opportunity to apply our proven track record of success to assist with this asset. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x 230.
May 4, 2011
LIVONIA, MICHIGAN McKinleys Commercial Client Services is pleased to announce they have been retained as the property manager and asset manager for two Michigan buildings: Crown Pointe, a 265,000 square foot office building in Oak Park, Michigan; and Victor Park West, an 81,000 square foot office building in Livonia, Michigan. Crown Pointe and Victor Park West bring the number of active commercial workouts in Michigan to 14.
We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued client, states Albert M. Berriz, Chief Executive Officer of McKinley.
For more information on McKinleys Commercial Client Services and Property Management, please contact Matthew D. Mason at 734-769-8520 x267.
May 4, 2011
May 4, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
GREEN BAY, WISCONSIN McKinleys Commercial Client Services is pleased to announce they have been appointed the receiver for Bayview Plaza, a 40,000 square foot retail center in Green Bay, Wisconsin. Bayview Plaza represents the third active commercial workout property in the Green Bay market.
We are excited to have the opportunity to apply our proven track record of success to assist with these assets. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.
For more information on McKinleys Commercial Client Services and Property Management, please contact Matthew D. Mason at 734-769-8520 x 267.
May 4, 2011
May 4, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
ATLANTA, GEORGIA McKinleys Residential Client Services is pleased to announce a successful disposition of Magnolia at the Sandy Springs in Atlanta, Georgia. This 268 unit property has been managed by McKinley since September 7, 2010.
We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued client, states Albert M. Berriz, Chief Executive Officer of McKinley.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x 230.
May 4, 2011
May 4, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
ORANGE PARK, FLORIDA McKinleys Residential Client Services is pleased to announce another successful disposition to Wellington Place in Orange Park, Florida. In less than one year, McKinley has increased occupancy 11% to an average of 97%. In addition, the team improved collections 20% to an average of 98% collected each month.
We are excited to have the opportunity to apply our proven track record of success to assist with this asset. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x 230.
May 4, 2011
May 4, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
ORLANDO, FLORIDA McKinleys Residential Client Services is pleased to begin managing Oak Clusters, a 44 unit community, in Orlando, Florida. McKinley is excited to start overseeing day-to-day operations as well as creating value for the property.
We are excited to have the opportunity to apply our proven track record of success to assist with these assets. Im confident that by applying our teams passion and expertise, we will be able to enrich the quality of life and create value for all of the stakeholders, states Albert M. Berriz, Chief Executive Officer.
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x230.
May 4, 2011
May 3, 2011
Contact: Mary S. Williams
734-769-8520 ext. 244
GRAND BLANC, MICHIGAN McKinleys Residential Client Services is pleased to announce successful disposition and asset resolution of Maplebrook Village in Grand Blanc, MI. McKinley took receivership of this 455 multi-family asset on May 24, 2010.
The McKinley team was able to create value at this property by taking an asset located in a distressed area and increasing and maintaining over 90% collections and occupancy.
"This is an example of our multi-disciplinary team approach to solving complex real estate problems across our 20 state platform generating a platinum outcome for our client".
For more information on McKinleys Residential Client Services, please contact Kenneth P. Polsinelli at 734-769-8520 x230.