At a new Detroit apartment project, 2 unlikely developers fight to keep the city funky
You may not reproduce, display on a website, distribute, sell or republish this article or data, or the information contained therein, without prior written consent. This printout and/or PDF is for personal usage only and not for any promotional usage. © Crain Communications Inc. Kirk Pinho is a senior reporter covering commercial real estate. Since joining Crain's Detroit Business in 2013, he has written about leasing, development and property sales in Detroit and its suburbs, as well as the industry's trends, personalities and quirks. On a chilly March afternoon, Matt Naimi rolls up his sleeve, exposing a tattoo: A series of brightly colored rectangles, like an electron cloud orbiting a nucleus. It's a representation of what's known as the flow of funds, the complex and sometimes mind-boggling financing structure for his and Oren Goldenberg's $30 million Dreamtroit mixed-use housing project in the city's Elijah McCoy neighborhood. In all, it's bringing 76 units of affordable and work
You may not reproduce, display on a website, distribute, sell or republish this article or data, or the information contained therein, without prior written consent. This printout and/or PDF is for personal usage only and not for any promotional usage. © Crain Communications Inc. Kirk Pinho is a senior reporter covering commercial real estate. Since joining Crain's Detroit Business in 2013, he has written about leasing, development and property sales in Detroit and its suburbs, as well as the industry's trends, personalities and quirks. On a chilly March afternoon, Matt Naimi rolls up his slee
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