McKinley Named Receiver for Springcrest Apartments

ANN ARBOR, MI – McKinley is pleased to announce that it has been appointed receiver by the Court of Common Pleas of Lake County, Ohio for the Springcrest Apartments, an 84 unit community located in Willowick, OH. Springcrest Apartments is a multi building apartment complex, close to shopping and public transportation and located only minutes from Lake Erie and other attractions.

“We appreciate the opportunity to manage Springcrest Apartments," said Alexandra Jackiw, managing director of McKinley's Residential Client Services. "McKinley has already started initiating a long term work out plan for the community including bringing on Jill Burke, regional director, property operations at McKinley to head up the management team. McKinley is committed to providing long term improvements to the community that will not only benefit our residents, but also enhance the value of this asset."

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 34,000 units throughout 26 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).