Apartments Resident Services Commercial Careers About Apply Now Home / News / McKinley Secures $109,000,000 of Long-Term Fixed Rate Financing from KeyBank Real Estate Capital and Fannie Mae McKinley Secures $109,000,000 of Long-Term Fixed Rate Financing from KeyBank Real Estate Capital and Fannie Mae June 26, 2019 FLORIDA & MICHIGAN - McKinley announced today that it has closed on $109,000,000 of long-term Fixed Rate Financing for Bella Casa and Coconut Palms Apartments located in Florida and Manchester West, The Villas, and Traver Crossing apartments located in Michigan. All five of these apartment communities are generational investments in McKinley’s core markets of Orlando, FL and Ann Arbor/Washtenaw County, MI. McKinley has actively owned and operated Multifamily communities in Ann Arbor/Washtenaw County since 1968 and Central Florida since 1982. Today they are the largest Multifamily Owner-Operator in Ann Arbor/Washtenaw County as well as along the Interstate-4 Corridor between Orlando and Tampa. “We are thrilled to continue our focus of locking up long-term fixed rate debt on all of our generational real estate holdings and we are very pleased with the outcome,” offered Jim Willett, Senior Vice President & Managing Director – Finance. KeyBank Real Estate Capital and Fannie Mae partnered to deliver the financings for these five properties, as they have on many similar transactions for McKinley. “We have closed over $175 million over the past six months with KeyBank and Fannie Mae, and they have been exceptional in every single way. They are a core part of our McKinley family, and we cherish our relationship with them,” further offered Willett. “The financing of these properties is part of our long-term plan for our generational assets,” offered Albert M. Berriz, CEO, Managing Member and Co-Owner of McKinley. “We are setting sail for a long horizon to ensure our owned assets are locked in with great financing in a market with fluctuating interest rates.” Tags: Financing Tagged FHC (1) McKinley Sponsor (1) State Street Executive (2) Shoppes at Pittsburgh Mills (1) Black Mountain Marketplace (1) CRE Radio (1) JDRF (4) NHMC (1) McKinley Executives (1) South State Street (1) Atlanta (1) McKinley Towne Centre (1) Shea Scottsdale East (1) Lakeside II (1) Victor Park West (1) NMHC (3) Spark (2) 2014 Concept Community (1) Glencoe Hills (1) Glencoe Oaks (3) luxury (1) McKinley (4) New Development (1) Crain (2) MFE (3) Brighton Park (1) Wellness (1) Marc Weiser (1) Lammer's (1) Ashtabula (1) Downer (1) Veterans Day (1) Third Lake (1) Island One (1) Michigan (2) U-M (1) Mlive (1) Ann Arbor (1) BOMA (1) I-4 (1) Orlando (2) Taylor (2) Ann Arbor Public schools (1) charity (3) 31 street (1) Houston Square (1) Cancer Support (1) Job rate (1) Akron (1) Corporate Office (1) Commuter (1) ICRE (31) Renovations (2) Financing (10) Media (40) Mural (1) Awards (5) Commercial (6) People (5) PR (5) Florida (3) STEAM (1) McKinley Hyde Park (1) McKinley-Avanath (2) Hyde Park (14) Finance (1) City Beautiful (1) MTC (2) Podcast (1) McKinley Beach (2) McKinley City Beautiful (1) Residential (6) promotion (2) award (3) Lease (1) McKinley Avanath (1) NNN (6) mixed-use (1) Triple Net (1) Sale (1) advisory services (1) acquisition (1) Disposition (1) Residential Owned (3) Archives August 2021 (1) March 2021 (2) September 2020 (1) August 2020 (1) July 2020 (1) March 2020 (2) October 2019 (1) June 2019 (1) March 2019 (5) February 2019 (3) January 2019 (1) December 2018 (3) November 2018 (2) October 2018 (2) August 2018 (3) July 2018 (1) June 2018 (1) May 2018 (4) April 2018 (3) March 2018 (7) February 2018 (4) January 2018 (7) December 2017 (4) November 2017 (2) October 2017 (3) September 2017 (1) August 2017 (5) July 2017 (1) June 2017 (4) May 2017 (2) April 2017 (3) March 2017 (3) January 2017 (2) December 2016 (2) November 2016 (6) October 2016 (4) September 2016 (8) August 2016 (4) July 2016 (1) June 2016 (6) May 2016 (11) April 2016 (5) March 2016 (5) February 2016 (10) January 2016 (10) December 2015 (5) November 2015 (5) October 2015 (5) September 2015 (1) August 2015 (5) July 2015 (4) June 2015 (4) May 2015 (4) April 2015 (5) March 2015 (5) February 2015 (1) January 2015 (6) December 2014 (5) November 2014 (5) October 2014 (4) September 2014 (5) August 2014 (9) July 2014 (7) June 2014 (4) May 2014 (8) April 2014 (4) March 2014 (9) February 2014 (8) January 2014 (6) December 2013 (9) November 2013 (5) October 2013 (4) September 2013 (1) August 2013 (3) July 2013 (5) June 2013 (10) May 2013 (6) April 2013 (6) March 2013 (6) February 2013 (14) January 2013 (12) December 2012 (8) November 2012 (6) October 2012 (10) September 2012 (8) August 2012 (5) July 2012 (8) June 2012 (7) May 2012 (3) April 2012 (7) March 2012 (16) February 2012 (10) January 2012 (12) December 2011 (11) November 2011 (6) October 2011 (4) September 2011 (9) August 2011 (18) July 2011 (3) June 2011 (11) May 2011 (12) April 2011 (5) March 2011 (3) February 2011 (7) January 2011 (12) December 2010 (8) November 2010 (13) October 2010 (3) September 2010 (3) August 2010 (4) July 2010 (5) June 2010 (16) May 2010 (11) April 2010 (6) March 2010 (14) February 2010 (3) January 2010 (2) December 2009 (6) November 2009 (7) October 2009 (3) September 2009 (5) August 2009 (10) July 2009 (6) June 2009 (6) May 2009 (5) April 2009 (6) March 2009 (5) February 2009 (3) December 2008 (2) November 2008 (3) October 2008 (10) September 2008 (2) July 2008 (1) June 2008 (1) March 2008 (4) January 2008 (5) December 2007 (3) November 2007 (3) October 2007 (1) September 2007 (3) August 2007 (2) More Resources MyMcKinley (Resident Services) News Blog Careers About Us Privacy Policy Connect With Us Our CEO on Twitter Facebook LinkedIn RSS Find an Apartment Ann Arbor Apartments Ypsilanti Apartments Orlando Apartments Winter Park Apartments Tampa Apartments © 2021 McKinley, Inc. 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