McKinley bullish on Washtenaw housing market, acquires 1,600 units

An Arbor reals estate company McKinley has bought four apartment buildings with 1,600 units in Washtenaw County in the past year and spending millions on upgrades.

Excerpt:

"This sends a huge signal of confidence to the Ann Arbor marketplace because nationally, many companies have made a concerted effort to get out of Midwest because the economy is sluggish,'' said Lisa Trosien of ApartmentExpert.com, a multi-family real estate consultant, 27-year industry veteran and Michigan native.

Read the entire article here.
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.