March 31, 2013
Ann Arbor, MI McKinley announced today it has been appointed receiver for the Pennsylvania Empirian Portfolio, which includes the three apartment home communities of Northrup Court in Coraopolis, Valleyfield in Bridgeville and Sherbrook in Wexford. These three properties are comprised of a total of 261 units.
Northrup Court Apartments offers studio, one and two bedroom apartments. The community is located within minutes of the airport and the Beaver Valley expressway, as well as Robert Morris University. Valleyfield is a neighborhood apartment community offering one and two bedroom apartments located within 14 different buildings. Sherbrook Apartments in Wexford include single-story garden style apartments conveniently located in the North Hills of Pittsburgh.
Our Midwest team mobilized immediately to meet the needs of the residents said Kenneth P. Polsinelli, Chief Real Estate Officer. We have a great track record of performance, and we are excited to be more involved in the Pittsburgh community.
We look forward to continuing our success in Pennsylvania for all of the stakeholders in this transaction while at the same time delivering superior results, shared Albert M. Berriz, McKinley Chief Executive Officer.
March 25, 2013
Check out the great article featured on MLive.com about McKinley buying Fenton apartment complex.
March 14, 2013ANN ARBOR, MI McKinley is pleased to announce the promotion of David Rohlfs to Director, Commercial Real Estate. David joined McKinley two years ago and has achieved many successes during his tenure, managing Commercial properties in both Michigan and Indiana including McKinley Towne Center, McKinley Corporate Center and Huron Village Shopping Center which includes a Whole Foods, Panera and Barnes and Noble. In addition to his property management duties, David has excelled in assisting McKinleys financing team, leading to successful refinancings at multiple Commercial properties during his tenure. In his new role, David will report to Thomas Gritter, Vice President and Managing Director, Commercial Real Estate.
David is a graduate of the University of Michigan Ross School of Business, played four years on the University of Michigan Wolverines Hockey Team, as well as four years of professional hockey following his graduation. Please join McKinley in congratulating Mr. Rohlfs on this significant and well-deserved promotion.
March 10, 2013
Ann Arbor, MI McKinley announced today that it has been appointed as the property manager for Algonquin Commons in Algonquin, Illinois. The 565,000 square foot lifestyle center is one of the largest outdoor shopping centers in the state and is located approximately one hour northwest of Chicago. The property is comprised of a tenant mix of both national and regional brands including Dicks Sporting Goods, Old Navy, Gordmans and Trader Joes and is one of the largest lifestyle centers in the state.
"We are excited to once again lend our expertise to another project in the greater Chicagoland area, which will benefit the surrounding community," said Albert M. Berriz, Chief Executive Officer at McKinley. We previously had the opportunity to successfully reposition Charlestowne Mall, and we look forward to a similar result with Algonquin Commons, shared Berriz.
McKinleys Commercial Client Services was recently engaged to work out Green Oak Village Place, a similarly designed open air retail asset in Brighton, Michigan, and currently manages over 20 million square feet of commercial space.
March 3, 2013
Check out this great article featuring McKinley on Globest.com about McKinley's New Partnership.
March 3, 2013
HOUSTON, TEXAS - Albert M. Berriz, CEO of McKinley announced today that McKinley was
appointed property manager for the recently acquired 3,709 unit FX3 portfolio. The FX3 portfolio
is located throughout McKinley's core operating platform with properties located in Las Vegas,
NV; Houston, Dallas, Arlington, Desoto, North Richland Hills, and Pasadena, TX; Columbia, SC;
Tampa, FL; South Chesterfield, VA; and Waldorf, MD.
"We look forward to creating significant value for our client and all stakeholders involved in this
most important transaction," offered Berriz. "Our extensive and proven track record with the
FX3 and FX4 portfolios make us uniquely qualified to execute very effectively for all involved,"
McKinley was recently appointed Receiver for the 4,958 unit FX4 portfolio with properties
located in Dallas, Houston, Irving, Lewisville, N. Richland Hills, and Webster, TX; Albany,
College Park, Warner Robins, and Wellston Ridge, GA; Columbia, SC. Ken Polsinelli, Chief
Real Estate Officer and Trey Caswell, Chief Operating Officer are leading the FX3 and FX4
efforts with teams from our Dallas, Houston, Atlanta and Tampa leadership hubs.
February 28, 2013
Check out this great article featuring McKinley on SBNonline.com.
February 25, 2013
Check out the great article featured on Multifamilyexecutive.com about the launch of mckinley - avanath, a residential property management venture that will focus on affordable housing.
February 25, 2013
Check out the great article featured on Multihousingnews.com about the close of McKinley's $14.16M bridge loan with Bank of America for RIVA Apartments, a 278 unit community located in Southwest Orlando.
February 24, 2013
Check out the great article featured on Multihousingnews.com about the launch of mckinley avanath a residential property management enterprise created to manage apartment home communities acquired by Avanath for its various investment platforms, as well as assets owned by institutional partners and clients.