DMI News

Develop Michigan (DMI) Provides $12.46 Million in Financing for Community Development Projects

DMI has announced the closing of an $8.46 million loan to support the development of 505 Main Milford in Milford, MI. DMI has also announced the closing of a $4 million investment to support Lafayette West in Detroit, MI.

READ MORE

Develop Michigan Closes its 17th Michigan Investment

DMI has announced the closing of a $1 million bridge loan to support the renovation of the historic North Channel Furniture store building.

READ MORE

Develop Michigan Closes its 16th Michigan Investment

DMI has announced the closing of a $1 million pre-development loan to support the renovation of the historic Woolworth Building in Detroit, MI.

READ MORE

DMI Provides $8 Million Financing – The Grand Rapids, Michigan Industrial Portfolio

DMI has announced the closing of an $8 million mezzanine loan to support the development of an industrial and commercial corridor in Grand, Rapids, MI and Lansing, MI.

READ MORE

Develop Michigan Inc. Provides $5.6 Million Financing – The Element Detroit at the Metropolitan Building

DMI has announced the closing of a $5.6 million subordinated mortgage to support the renovation of the Metropolitan Building in Detroit, MI.

READ MORE

Develop Michigan Delivers $23 Million in Statewide Project Financing

DMI has announced eight loans totaling over $23 million.

READ MORE