ANN ARBOR, MI– McKinley is pleased to announce that it has acquired the 248 unit Geneva Park apartments in Cary, NC on behalf of one of its institutional clients. McKinley will immediately begin management of the community and is planning overall strategic upgrades to the community including the sales office, BBQ area, landscaping, lighting and signage, while also initiating roofing, siding and hallway repairs.
"Geneva Park Apartments and their residents will be extremely well served by a huge new infusion of service and professionalism to their community", remarked Albert Berriz, CEO of McKinley. "This community was previously under severe duress as well as under managed. With McKinley's energy, service and professionalism, we plan on making immediate and material change to the community that will benefits our residents, as well as our client. McKinley is committed to the Research Triangle Park Region and this is another very important component in our expansion in the I-85 corridor."
About McKinley: Founded in 1968 and headquartered in Ann Arbor, McKinley is a leading owner and manager of multifamily real estate. Currently ranked #37 in the NMHC Top 50 list of national apartment management companies, McKinley owns and manages more than 33,000 units throughout 25 states. McKinley specializes in solving complex real estate problems for its own portfolio, as well as a select clientele of institutional investors, private equity clients and special servicers. McKinley is on the Board of Directors of the National Multi Housing Council (NMHC) and is recognized by the Institute of Real Estate Management (IREM) as an Accredited Management Organization (AMO).