Ann Arbor, Mich.-based McKinley recently acquired Traver Knoll Apartments, a 216-unit garden apartment community on the north side of Ann Arbor.
McKinley now owns more than 5,300 units in the region.
“We are extremely committed to Ann Arbor,” said Albert Berriz, chief executive officer of McKinley. “The north side communities of Ann Arbor are the best-performing communities in our entire Midwest U.S. portfolio, and this acquisition will help further solidify our position in the marketplace.”