I was just informed by a friend that the Lafayette Towers has a new owner. She doesn't know who the owner is but the company is named Lafayette Ventures LLC.
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I was just informed by a friend that the Lafayette Towers has a new owner. She doesn't know who the owner is but the company is named Lafayette Ventures LLC.
Attachment 17265Quote:
Originally Posted by stasu1213
A copy of a letter to residents is on Curbed.
As reported by Crain's, new owner is Greg Jackson, CEO of Prestige Automotive Group.
That is not the only high rise with new owners. I just read that within the next few months, an iconic high-rise apartment building in downtown Detroit – Riverfront Towers – could be sold at auction like thousands of other foreclosures in the metro area.
The complex, which features two towers [[26 and 29 stories, respectively) and approximately 550 units, is nestled along the Detroit River adjacent to a commercial district that features the city’s marina and other office and retail space. Unfortunately for the residents, the owners of the Towers just defaulted on a $55 million mortgage, leaving the future of the complex uncertain.
Here is where I read the article: http://www.bankforeclosuressale.com/...-09273800.html