HENDRICKS & PARTNERS OPENS SOUTH BAY OFFICE

MANHATTAN BEACH, CALIF. — Hendricks & Partners has hired Michael McKinney and Steffan Braunlich, who will open and head up the firm’s new South Bay office in Manhattan Beach. The firm chose to expand into this Los Angeles submarketto capitalize on the momentum in the multifamily industry. McKinney previously served as first vice president at CB Richard Ellis, while Braunlich worked as an associate with CBRE’s Multi-Housing/Private Capital Group.