Who We Are

Cinnaire and the Development Finance Group (DFG) have partnered to serve as the management teamĀ of DMI, combining their expertise in structuring, launching and managing organizations like DMI. This partnership brings together complementary expertise that make the provision of the core programs possible. DFG has helped develop fifteen development authorities around the country.

DMI adopts best practices in its responsible and nimble structure, by blending the type of financing tools Michigan needs now and by providing top level management and staff required to effectively manage the effort. DMI partners and their principles have directly managed more than $3.7 billion in similar successful projects and funds. The partners have more than 100 staff and the principals are national leaders in their field.

Click here to read the 2017 Annual Fund Impact Report

Click here for an in-depth look at Develop Michigan

Management Team

Rick Laber, President

Jim Logue, Chief Executive Officer

Chris Cox, Chief Financial Officer

Yulonda Byrd, Vice President, Underwriting

Wayne Bota, Vice President, Business Development

Trey Phillips, Director of Lending, Asset Management

Sarah Offerman, Capital Group Coordinator

Dave Levinson, Vice President, Business Development

Steven Klein, Managing Director

Deborah J. La Franchi, Managing Director

Board of Directors

  • Tom Edmiston, Senior Vice President, Business Development, Cinnaire
  • Kenneth Herrmann, Senior Vice President, Commercial Real Estate Sales Manager, Fifth Third Bank
  • Richard Landgraff, Senior Vice President, PNC Real Estate
  • Mark McDaniel, President & CEO, Cinnaire
  • Mark Morante, Senior Vice President, Development Finance & Capital Markets, Michigan Economic Development Corporation
  • Jennifer Nelson, Vice President of Public Policy & Economic Development, Business Leaders for Michigan
  • Greg Tedder, Executive Vice President, Chief Community Development & Marketing Officer, Michigan Economic Development Corporation
  • Ted Rozeboom, Partner, Loomis, Ewert, Parsley, Davis & Gotting P.C.