A new angel-investor group in Southeastern Michigan, the Woodward Angels, has been quietly planning a launch and will convene its first meeting this week at the Shinola Hotel in Detroit.
There are development projects and then there are transformational projects—those that change how we live, work, play, and get around our city.
Few assets hold their value quite as effectively as real estate investments. Many high-profile investors got their start in real estate.
Ann Arbor autonomous shuttle service May Mobility Inc. secured an additional $22 million in funding led by New York investment firms
Detroit public schools will offer more dual enrollment options through Wayne County Community College District for high school students seeking pathways to jobs in a variety of industries.v
A Detroit-based nonprofit has been awarded $400,000 by the McGregor Fund to educate and train young people between the ages of 16 and 24.
By now, you’ve probably heard the term “Opportunity Zones” more times than you can count. But if you haven’t dug deeper, you may not know how this program can affect you as a real estate investor.
Detroit is finalizing plans to revamp seven business corridors across the city this spring as part of a $125 million campaign to breathe life into its neighborhoods. A request for proposals for the projects will be released later this month.
Two lawmakers are pushing to have the site of a military fort in southwest Detroit designated as a national park. Democratic state Sen. Stephanie Chang and Detroit City Councilwoman Raquel Castaneda-Lopez want the city to deed Historic Fort Wayne, located at 6325 W Jefferson Ave, to the federal government.
“If you want to know why most people don’t become millionaires, look no further than the 30-year mortgage,” wrote Chris Hogan in his book “Everyday Millionaires: How Ordinary People Built Extraordinary Wealth — and How You Can Too.” In partnership with the Dave Ramsey research team, he studied 10,000 American millionaires (defined as those with a net worth of at least $1 million) for seven months.