• Address: 1526-38 Centre Street

  • Neighborhood: Central Business District

  • City: Detroit, MI

  • Type: Multfamily

  • Size: 60,000 square feet

  • Town Role: JV developer

  • Status: Completed

Purchased a defunct historic hotel in October 2012 and completed a $9 million conversion into a 66-unit apartment building with ground floor retail. Procured six layers of financing that included city, state, federal incentives for the historic conversion.

THE ASHLEY

THE ASHLEY