ANN ARBOR, MI – McKinley is pleased to announce that it has been appointed receiver and managing agent by the Marion County Superior Court for Arbor Green, a 208 unit apartment community located in Indianapolis, IN. Arbor Green is a multi building apartment complex just minutes from shopping and dining and conveniently located near I-465 and I-69 and downtown Indianapolis. The community features natural settings including a sparkling lake and a wooded tree line.
“We appreciate the opportunity to manage Arbor Green," 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."
Albert M. Berriz, CEO of McKinley added, "This shows the significant leverage Alex Jackiw has added to our Midwest platform. Alex lives in Indianapolis and she is the absolute best management professional in the entire state. She and her team will create significant value for all of our stakeholders."
McKinley has been actively involved owning and operating multifamily and commercial real estate in Indianapolis since 1982. It currently owns a portfolio of assets in Carmel, Castleton and northwest Indianapolis, and also actively manages for institutional clients throughout the greater metropolitan Indianapolis market.
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 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).