- Posted December 20, 2012
- Tweet This | Share on Facebook
Rock Ventures acquires five more Detroit properties
DETROIT (AP) -- Quicken Loans chief and founder Dan Gilbert continues to gobble up property in downtown Detroit.
Gilbert's Rock Ventures LLC announced Tuesday the acquisition of five more buildings, pushing the company's downtown real estate investments to 15 buildings and 2.6 million square feet of commercial space.
The recent acquisitions include the nine-story Kresge Building on Woodward, a five-story story building nearby and a three-story building further north. They will be renovated for retail and office or residential use.
Quicken Loans is an online retail mortgage lender. Rock Ventures is the umbrella entity for Gilbert's portfolio of companies, investments and real estate. In all, Rock Ventures has acquired eight downtown buildings this year.
Gilbert has said he hopes to help make downtown a destination for Web and technology-based businesses.
Published: Thu, Dec 20, 2012
headlines Oakland County
- Attorneys sharpen courtroom skills at inaugural program
- Michigan tax preparers indicted for conspiring to defraud the United States and preparing false tax returns
- Woman pleads no contest on multiple cases, including embezzlement of $90K from her father
- As the country turns 250, retired judges hit the road to defend judicial independence
- Private mobile home water services provider, president sentenced for falsifying water safety, discharge tests
headlines National
- ABA connects death row inmate to pro bono attorneys who help free him
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- 2 judges suspended in separate cases after being indicted on criminal charges
- Convicted ex-judge gets $5K fine but no prison time in immigration case
- Ohio governor signs bill prohibiting foreign litigation funding
- Many small firms collect payments faster than BigLaw counterparts, new data shows
