88 - Michael Wayne - Multifamily Operator in Detroit
Update: 2020-11-18
Description
Communication is the sister of leadership. Meet Michael, a real estate investor who believes in giving and getting proper communication can serve as a pedestal for more business deals in the field. Michael is an entrepreneur whose company, Detroit Riverside Capital, is responsible for investing in and developing mixed use and multifamily properties throughout the Metro Detroit area. His current project is the ‘The Jordan 3250’ in Auburn Hills, Michigan. It’s a 48 unit mixed property with 6600 square feet of retail space on the first floor. The project is currently under construction and expected to be completed in June of 2021. In this episode, Michael shares with us his business on the Detroit area, and also, specifically on the twists and turns of ground-up development investment life cycle and how much communication it takes in order to really put together a project of that magnitude. In addition, Michael also gives us a glimpse on his vision for Detroit in the future.
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