About us

Detroit began its journey in the 18th century as a fur-trading post, as part of the North American New France territory. The city was then surrendered to the British in 1760 during the French and Indian War, changing hands again after the Revolutionary War and the Jay Treaty, and becoming a US city.

 In 1805 Detroit was chosen as the capital of the newly created Michigan Territory and in the same year, the city was demolished in a fire. Taken by the British during the War of 1812, it was retaken by the US army in 1815. Detroit enjoyed renown as the state capitol from 1837 until 1847 when Lansing assumed the role.  

 The status of Detroit as a major trade hub grew significantly in the 19th century. The city served as the main relay point between the agricultural interior and the exporting east coast, with regular steamboats and cargo trains converging on the city. 

Detroit underwent a dramatic transformation after the Civil War, abandoning its traditional role as a rural merchant to that of an industrial magnate. Large automobile manufacturers set up shop, earning the city its reputation as the automobile capital of the world. The industrial power of the city strengthened further during World War I when most of its production capacity was oriented toward manufacturing military gear.

 This rapid industrial growth attracted working hands from all over the US, particularly African Americans from the South who found ample job opportunities and higher wages, primarily in the automobile industry. Major demographic changes along with a declining economic milieu set the stage for several unfortunate episodes among the racial groups sharing the city.

Detroit’s prosperity did not endure. The city declined starting in the late 1970s, driven largely by the loss of jobs in automobiles, its former powerhouse. By the mid-1990s, Detroit’s population was half of its peak in the 1950s. The stigma of a dying city followed Detroit for decades to come, as tales of its societal and economic woes predominated. Pictures of dilapidated neighborhoods and abandoned houses replaced those of a prosperous city center and vibrant production lines. Political plans to revive the city consistently failed.

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Then in the 2010s, promising new private and public initiatives emerged around the city center and surrounding neighborhoods. Through new public policies, urban renewal, and successful startups, Detroit rebranded itself The Renaissance City, reversing many of the negative trends it suffered during previous decades. This auspicious trajectory is attracting the upper and middle class again, families, individuals, and wealthy investors—all seeking to capitalize on new opportunities in Detroit.

Reborn, Detroit presents a golden opportunity for real estate investment. The city center and its surrounding neighborhoods are rife with idle real estate assets ready for renovation, so they can become first-class properties again.