Day: July 8, 2018

A PR firestorm around Quicken Loans founder Dan Gilbert’s $5.5 billion Detroit project shows that money isn’t the biggest challenge he faces in revitalizing the city

Dan Gilbert, the billionaire owner of the Cleveland Cavaliers, has been transforming downtown Detroit for almost a decade. Since moving his mortgage company Quicken Loans to the neighborhood in 2010, he’s invested $3.5 billion (with $2.1 billion in development) through his real estate firm Bedrock. With a roster of around 100 properties in or around

Continue reading