November 17, 2015

McKinley Hyde Park acquires its newest community, Westshore Flats, with a prestigious Westshore Boulevard address.  Westshore Flats is the most recent addition to McKinley Hyde Park, a boutique collection of historic and restored apartment homes in the Hyde Park and South Tampa neighborhoods.  "As we do in all of our core markets, we have worked very hard to provide our customers with various choices, price points and experiences in the Hyde Park/South Tampa market from the Downtown at the Hillsborough River out to MacDill Air Force Base, and from Bayshore Boulevard out to Westshore Boulevard," offered Ken Polsinelli, McKinley's Chief Real Estate Officer who is based in Winter Park, Florida.

"Westshore Flats is a unique community with a highly sought after Westshore Boulevard address. We will complete extensive renovations in the near future including condo grade interiors, all apartment homes will have their own washer-dryer units, and exterior amenities will include a pool, an outdoor kitchen, fire pit with Adirondack chairs, bike shelters, walking paths and outdoor seating areas throughout," added Polsinelli.

The recent purchase of Westshore Flats brings the total number of Hyde Park communities to fifteen, and acquisition/renovation financing was provided by Key Bank, N.A.  "We are working hard to reposition assets, complete renovations and bring the McKinley Hyde Park brand to life," offered Albert M. Berriz, McKinley's CEO. "We are excited with our progress, and we anticipate sharing more important updates about our expansion efforts in Hyde Park in the very near future," Berriz added.

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