Quicken Loans founder Dan Gilbert is teaming up with billionaire investor Warren Buffett and others to vie for Yahoo’s internet assets.
No area of Detroit is changing as rapidly as the Cass Corridor.
The iconic Fisher and Albert Kahn buildings in Detroit have sold for $12.2 million in an auction that ended Wednesday afternoon.
The mighty downtown headquarters was built at a time when Detroit had one of the largest populations in the U.S.
Investors scooped up more than 9,000 Detroit homes in a county auction.
New concerns were raised after the investors released a rambling, grammatically flawed statement about a “prophesy.”
The symbol of Detroit’s industrial decline attracted 111 bids from around the world.
Lured by homes selling for as low as $100, investors are beginning to buy up dozens of properties at one time.