Going residential

Ankeny, Robert
November 2003
Crain's Detroit Business;11/3/2003, Vol. 19 Issue 44, p3
The article reports that the Detroit Investment Fund, created in 1995 as a source of private-sector financing for a wide variety of businesses in the city, is refocusing its attention on real estate ventures, especially residential projects. The emphasis on real estate projects began in earnest two years ago after David Blaskiewicz was named president. Matt Cullen, the fund's board chairman and general manager of economic development and enterprise services for General Motors Corp. said, that the fund's investments now align with the goals of Detroit Renaissance Inc., which capitalized the fund in 1995 with $51.65 million from 28 investors.


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