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 2018 Annual Fund Impact Report

Click here for an in-depth look at Develop Michigan

Management Team

Mark McDaniel, Board Chair

Rick Laber, President

Jim Logue, Chief Executive Officer

Chris Cox, Chief Financial Officer

Yulonda Byrd, Vice President, Underwriting

Wayne Bota, Vice President, Business Development

Steven Klein

Steven Klein, Managing Director, DMI
Managing Principal, First Infrastructure LLC

Deborah La Franchi

Deborah La Franchi, Managing Director, DMI
CEO, SDS Capital Group

Board of Directors

  • Cheryl Bartholic, Senior Vice President, Independent Bank
  • 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
  • Greg Tedder, Executive Vice President, Chief Community Development & Marketing Officer, Michigan Economic Development Corporation
  • Ted Rozeboom, Partner, Loomis, Ewert, Parsley, Davis & Gotting P.C.