In a saga that never seems to end, the Detroit Police and Fire Retirement System is now on its fourth receiver, as it seeks to recover $10 million from a failed real estate investment. At the same time, one of the receivers deposited recovery funds into his own business account.
A once “catastrophic” market for office, industrial, retail, and hospitality space in metro Detroit is now outpacing other cities in the Midwest — and, soon, is expected to do the same nationwide in average occupancy and rental rates.
The Moceri family arrived in Detroit from Sicily in the 1890s and started a produce business. Since transitioning to the housing market, Moceri Cos. in Auburn Hills has built 55,000 homes — with more to come.
Livonia-based private financial private firm Concorde Holdings recently announced that Alex Siller will serve as Concorde’s advisory program coordinator, while Greg Johnson will serve as the company’s equity trade desk coordinator.
Ann Arbor-based NSF International Strategic Registrations, a global certification body that is a division of NSF International, has recently appointed Andrew Weinbach as its new global managing director.
Detroit-based Henry Ford Health System has recently appointed U.S. Army veteran Spencer C. Hoover to vice president and executive director of the health system’s Henry Ford Cancer Institute and cancer care services.
Livonia-based auto insurance agency, the Michigan Automobile Insurance Placement Facility, (MAIPF) today announced that its executive director Terri A. Miller will depart from the facility after nearly 20 years.
Jeffrey Fratarcangeli, managing principal of Fratarcangeli Wealth Management, has recently been ranked as one of the top 1,200 financial advisors in the United States by Barron’s financial magazine, for the fourth consecutive year.
Greenleaf Trust, a privately-held, Grand Rapids-based wealth management firm, recently announced the appointment of Robert Taylor as senior business engineer and Brian Farrell as trust operations specialist.
With only two days until Tigers Opening Day at Comerica Park, the Detroit Tigers today announced a partnership with mobile ridesharing company Uber, naming them the team’s official ride-sharing company. This season, there will be a dedicated pick-up and drop-off zone for fans choosing to Uber to and from Comerica Park, located on the northbound side of the I-75 service drive, between John R and Brush Street.
Detroit-based shopper marketing agency, the Mars Agency, recently announced the appointment of Suzanna Bierwirth as chief creative officer and the promotion of Jeff Stocker from chief creative officer to global chief creative officer.
Rodger D. Young, founder of Farmington Hills-based Young & Associates, and E. Powell Miller, founder of The Miller Law Firm, based in Rochester, have been appointed to a federal judge review committee.
The DBusiness Breakfast Series was held at the Gem Theatre in Detroit on February 7, 2017. Guests enjoyed a strolling breakfast, networking, and presentation on what's in store for the city from Eric Larson, CEO of the Downtown Detroit Partnership.
Telecommunications company AT&T has recently announced the appointment of Demetrus Hayes as assistant vice president for sales and distribution. Hayes will manage nearly 150 AT&T retail locations through his office based in Southfield.
After spending 50 years at Macomb Community College in Warren, and serving as president since 2008, James Jacobs has recently been appointed as senior advisor to the president and chief executive officer of the Ralph C. Wilson Foundation. The foundation is a grant-making organization dedicated to sustained investment in the quality of life of people in Southeast Michigan and Western New York.