ANN ARBOR, MI – McKinley announced today it has been appointed receiver for the Pennsylvania Empirian Portfolio, which includes the three apartment home communities of Northrup Court in Coraopolis, Valleyfield in Bridgeville and Sherbrook in Wexford. These three properties are comprised of a total of 261 units.
Northrup Court Apartments offers studio, one and two bedroom apartments. The community is located within minutes of the airport and the Beaver Valley expressway, as well as Robert Morris University. Valleyfield is a neighborhood apartment community offering one and two bedroom apartments located within 14 different buildings. Sherbrook Apartments in Wexford include single-story garden style apartments conveniently located in the North Hills of Pittsburgh.
Our Midwest team mobilized immediately to meet the needs of the residents” said Kenneth P. Polsinelli, Chief Real Estate Officer. “We have a great track record of performance, and we are excited to be more involved in the Pittsburgh community.”
“We look forward to continuing our success in Pennsylvania for all of the stakeholders in this transaction while at the same time delivering superior results,” shared Albert M. Berriz, McKinley Chief Executive Officer.
About McKinley
Founded in 1968 and headquartered in Ann Arbor, McKinley is a leading owner and manager of multifamily real estate. Currently ranked #38 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 for the National Multi Housing Council (NMHC) and is recognized by the Institute of Real Estate Management (IREM) as an Accredited Management Organization (AMO).