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High returns bring foreign investors to Detroit real estate market

The Charles Trombly House at 553 E. Jefferson Ave. is one of the few remaining pre-Civil War buildings in Detroit still standing.

Comparatively high rates of return on real estate investments in greater downtown and metro Detroit as a whole continue to drive foreign investors to the region in search of deals.

It’s difficult to quantify exactly how much money from overseas has been spent on real estate investment sales in the past few years, but it’s well into the several hundred millions of dollars, said Dennis Bernard, founder and president of Southfield-based Bernard Financial Group Inc.
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Best Google+ Real Estate Articles June 2015

Best Google+ Real Estate Articles June 2015

The Very Best Of Real Estate on Google Plus

Google Plus is an excellent place to research the latest trends in real estate. You’ll find top Real Estate pros are sharing the latest info for sellers, buyers or homeowners who just want to keep an eye on the market. With so many great articles available online, it’s easy to miss some of them. Bill Gassett helps solve this by publishing the best real estate articles found on Google+ each month.
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The world’s billionaires took a shopping spree in Detroit

US billionaire Dan Gilbert, who now has more than 70 buildings in Detroit, been emulated around the world. Wealthy investors are flocking to Detroit to now enjoy the combination of still outstanding prices and an economic recovery of the city.
5 reasons why we buy in Detroit. # 5: a favorable city for investment
The following examples are the most significant. In 2013, Fernando Palazuelo, a Peruvian billionaire, purchased for a huge mouthful of bread complex formed by the abandoned buildings of the old Packard plant, it will turn into what might be called a city within a city. Last month, the second richest man in the world, the Mexican Carlos Slim, has made its first acquisition, a 10-storey building. Nico Gatzaros, the agent who sold him, had received offers from around the world. Last week, the billionaire Jimmy Lai honkongais bought 31 properties for auction.
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Detroit: enormous potential for investment

Urban Real Estate Investment: A New Era of Opportunity


In his new book, Urban Real Estate Investment: A New Era of Opportunity, former Secretary of Housing and Urban Development of the United States, Henry Cisneros, identifies the investment potential of large cities. It is interesting that the book cover photo shows the downtown Detroit.

The author says the city that just came out of bankruptcy and in which we propose to invest?
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Detroit Property Management has worked with investment funds and high net worth individuals in dealing with each stage of the investment process

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Detroit Property Management has built up a strong network of clients and professionals and is active in acquiring and disposing of properties on their behalf

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Detroit Property Management has experience in developing property in the USA: Assessment of development proposals, Negotiation of contracts

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