PORTFOLIO

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• 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

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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.