ANN ARBOR, MI- Albert M. Berriz, the chief executive officer of McKinley, Inc. and Daryl J. Carter, the chief executive officer of California-based Avanath Capital Management, announced yesterday that the two companies had formed a new partnership called “mckinley-avanath” to manage multifamily properties acquired by Avanath. The partnership will also include various properties owned by some of Avanath's partners and clients.
"McKinley's values are aligned with Avanath's," Carter said. "McKinley's reputation creating value fits well with Avanath's investment strategy and our partnership translates into the efficient and successful execution of this approach.”
Headquartered in Ann Arbor, home of the University of Michigan, McKinley has a big presence in other major university towns like Champaign, Illinois and Gainesville, Florida, as well as many small cities, such as Norfolk, Virginia, that also depend on large but stable employers.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
