McKinley Outlines New Partnership

ANN ARBOR, MI- On Feb. 25, McKinley, Inc. and Avanath Capital Management announced that they had formed a partnership called “mckinley – avanath” to manage apartment communities acquired by Avanath that would begin with two Midwestern developments with a total of 400 units. But McKinley CEO Albert M. Berriz told GlobeSt.com exclusively that the venture will quickly go national and ramp up to as many as 10,000 homes.

“With their funding ability and our ability to execute in the field,” Berriz said, “we’re geared up for it.” Founded in 1968, McKinley specializes in managing affordable housing, much of it partly financed by agencies like Freddie Mac and subject to complex federal regulations. “Our people have worked with HUD for decades. We’re well organized to fuel this growth.”