We believe that now is the time to Invest in Real Estate in Detroit, purchase properties at very low prices, and secure a monthly cashflow return and capital appreciation. Why do we believe in Detroit so much? It's the track record. No other city has seen the resurgence witnessed in the Motor City. We believe that there are truly unique real estate investment opportunities today.
This week the Detroit Riverfront Conservancy announced that a New York based firm will get the nod to redesign the West Riverfront Park. The 22 acre park will be redeveloped as part of a $55M project according to MLive.
Michael Van Valkenburgh Associates was the firm chosen as part of an international contest to choose the best design. Detroit Mayor Mike Duggan welcomed the news, and reminded us that just ten years ago the Riverfront was lined with “parking lots and cement silos.” In a statement… Detroit Riverfront Park to get $55M Facelift
For the first time in seventeen years, the City of Detroit announced average home values have increased city wide. This is significant news and is another indicator of Detroit's resurgence. While many pockets of the city have witnessed double digit gains in property values since the recession, these gains haven't been felt city-wide. According to WXYZ Detroit, values have increased by 6% overall for the entire city. In some neighborhoods like Cornerstone Village, the increase has been even … Average Housing Values Increase City-Wide in Detroit
The Detroit real estate market has become the most popular investment market in the country. Investors and small companies from all over the world have flocked to Detroit in recent years to cash in on the high returns. As of late, larger institutions have entered the market in a big way. In February 2018, the University of Michigan Board of Regents announced a $30Mil investment in a Detroit real estate investment fund. This is major news considering any investment by the University must be thoroughly researched and voted on. The Detroit Renaissance Real Estate Fund invests in residential properties… University of Michigan Annouces $30M Investment in Detroit Real Estate
The auto industry in Detroit continues to boom, something that was hard to imagine in the wake of the auto bailout in 2009. All "Big 3" automakers have made significant investments in their home state of Michigan, with Fiat Chrysler the latest to make a major announcement. The automaker plans on investing $1Bil to modernize its Warren Truck plant. This is slated to add 2,500 new jobs according to the Detroit Free Press. In addition to creating jobs, Fiat Chrysler… Fiat Chrysler to Invest $1Bil in Metro Detroit Plant
20 years after the demolition of the former JL Hudson's department store on Woodward Ave, the site is officially entering a new era. In its heyday Detroit's iconic Hudson's building was one of the largest department stores in the world. However the store closed in 1982 according to the Detroit Free Press. After several attempts to redevelop the vacant building failed, it was demolished in the late 1990's. Spanning an entire city block the Hudson's site was a glaring empty space in… Crews Break Ground on $1Bil Skyscraper, Set to Be Tallest in Michigan
The latest S&P/Case-Shiller Home Price Index has been released, and Detroit real estate investing performance is stunning. The Case-Shiller Home Price Index is the industry's gold standard for tracking changes in the value of residential real estate nationally and in 20 metropolitan regions, including Detroit.
Our clients, from over 20 countries worldwide, attest to our proven track record of providing real, profitable, and sustainable real estate based investment. This year's Case-Shiller Home Price Index is another confirmation that:
… S&P Case-Shiller Index Confirms Detroit's Real Estate Market is Red-Hot
Dan Gilbert has become a very well known ambassador for the City of Detroit. After moving his company's headquarters to Detroit in 2010, Gilbert has been the most active developer in the greater downtown area. While Quicken Loans and its family of companies employ tens of thousands, Gilbert expects his new projects to generate 24,000 new temporary and permanent jobs in the city. Rock Ventures is now heading several massive developments which includes a proposed skyscraper set to be the tallest in the state of Michigan. The skyscraper will be build on the site of the former Hudson's building right in… 24,000 New Jobs Planned for Detoit
The Stone Soap Building on Detroit's eastern riverfront has been vacant for at least 20 years. Now, the City of Detroit has accepted plans by a developer to turn the blighted complex into an impressive residential building featuring apartments and condominiums. The industrial complex was first built in 1909 and was home to several companies over the decades. In the 1970's, the Stone Soap company, which manufactured detergents, moved into the building in the 1970's … Developer Plans to Turn Vacant Industrial Complex into Upscale Residential Building
