Read this great article from Multifamilybiz.com about McKinley repositioning a 294 unit apartment community in Miami, Florida!
http://www.multifamilybiz.com/PR/1006/McKinley_Repositions_294Unit_Miami_Community

Read this great article that Ann Arbor Area Business Monthly wrote about the expected rise of Commercial Real Estate in 2012.  Click the link below and then click on the February 2012 Business Monthly link at the bottom of the page.

http://annarborbusinessmagazine.com/

CLEARWATER BEACH, FLORIDA – McKinley is pleased to announce that it has been appointed by the Pinellas Circuit Court as Receiver for three beachfront motels in Pinellas County. The McKinley team was selected for its ability to immediately add value and to quickly cure the outstanding defects. “These assets present a unique challenge and a tremendous opportunity for us to leverage our 30 year history and experience in Florida,” said Matt Mason, Managing Director.

“We are excited to have the opportunity to apply our proven track record of success to assist with this asset.  I’m confident that by applying our team’s passion and expertise, we will be able to create value for all of the stakeholders,” added Albert M. Berriz, Chief Executive Officer.

MIAMI, FLORIDA – McKinley is pleased to announce the successful resolution of Rio Apartments in Miami, FL.  Rio is a 294 unit apartment community located in the Fontainebleau neighborhood of Miami.  McKinley was hired by the court appointed Receiver to stabilize the community, cure deferred maintenance and to address numerous resident concerns.  In only 25 days, the community was repositioned resulting in a 100% recovery of the outstanding debt.

“We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued stakeholders,” states Albert M. Berriz, Chief Executive Officer of McKinley.