Dan Gilbert... thoughts?
So... Cavaliers and Quicken Loans owner Dan Gilbert has been aggressively acquiring properties all over the city of Detroit. By doing so, he's rehabbing the buildings and putting them on the market as "investible assets." Having worked for him and spent a lot of time in the Detroit area, I can't help but wonder if the risk is worth the price paid for a post-Dan building? If that's the case... is he the only one making money on these deals? Thoughts?