April 9, 2018
Ann Arbor, Michigan - McKinley's Institutional Real Estate Division is pleased to announce that it has accepted a property management and real estate advisory services assignment in one of its core markets – Ann Arbor, Michigan. 400 Maynard is a mixed-use development just steps away from University of Michigan’s Central Campus at the intersection of Maynard and East William Streets. With ground floor retail and 76 apartment homes, 400 Maynard provides immediate accessibility to State Street and the U-M Diag.
Beside an outstanding location, 400 Maynard offers a living experience that is atypical for most U-M students in Ann Arbor’s student housing space. With studio and one-bedroom layouts, absolute privacy is a must for residents navigating a demanding schedule of lectures, homework and exams. The community features newly renovated apartments, a rooftop terrace, terrific views, and a new fitness area. Additionally, the 11th floor has two-bedroom penthouse suites. Off-site, structured parking is available as well.
“We look forward to adding value to this long-standing asset in the heart of Ann Arbor,” said David Rohlfs, McKinley’s Director, Institutional Real Estate. “My team of professionals are ready to improve this property for our client and more importantly to improve the experience for our student residents. That is what we do day in and day out at McKinley.”
"We are excited to add 400 Maynard to our portfolio of communities in Washtenaw County," stated Royal E. Caswell III, McKinley’s Managing Director, Institutional Residential Real Estate. “This addition builds upon our long-standing experience in our home market of Ann Arbor and allows us to offer an incredible value to meet the need for students in our community,” Caswell added.