DEGC Names New Head of Real Estate and Finance


Published:

Moddie Turay

Moddie Turay has been named executive vice president of real estate and finance for the Detroit Economic Growth Corp.

Turay will work closely with managers of other departments and programs, the city of Detroit, and existing business partners and will represent the organization with a group of stakeholders to lead commercial, industrial, and retail development efforts in Detroit.

Previously, Turay was president, Moddie Turay Co., a Washington, D.C.-based a real estate development firm focused on multimillion dollar mixed-use residential, retail, office and hotel development initiatives.

He also has served as a member of the senior executive team in the Public Building Services Regional Commissioners’ Office of the National Capital Region of the U.S. General Services Administration. He was a project executive and adviser on the development of asset and portfolio business plans for new developments and the redevelopment of real estate portfolios across the Washington, D.C., area.

Turay also was a development manager at Western Development Corp. in Washington, where he was responsible for pre-development strategies, management of new business opportunities, and the development management and acquisition of a diverse range of real estate projects and holdings. He served as special assistant to District of Columbia Mayor Anthony A. Williams between 2001- 2004, advising on strategic planning, operations, public policy, and marketing and public relations.

Turay holds a Bachelor of Science in business management from Saint Augustine’s University in Raleigh, N.C.

Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Related Articles

Dykema’s Bloomfield Hills Office Adds Employee Benefits and Executive Compensation Attorney

Dykema, a Detroit-based national law firm, has announced the addition of Kenneth J. Sachs to its employee benefits and executive compensation practice group in the firm’s Bloomfield Hills office.

Pontiac’s Haven Names President and CEO

Haven, an organization in Pontiac that provides comprehensive programs and services for survivors of sexual assault and domestic violence, has named Aimee Nimeh as its president and CEO.

DMC Names CFO

Detroit Medical Center (DMC) has announced that Brittany Lavis has accepted the role of CFO of the Detroit market. In her new role, Lavis reports directly to Anthony Tedeschi, CEO of DMC.

Rehmann’s Ann Arbor Office Adds Two New Hires

Rehmann, a certified public accountant (CPA), business consulting, and financial services firm, has added two new hires to its Ann Arbor office in the governmental and higher education sectors. Matt Behnke, a CPA and chartered global management accountant, will serve as an assurance senior manager, and Daniel Clark, CPA will serve as an assurance principal.

Troy’s Ross Mortgage Adds Vice President, Four Other Employees

Ross Mortgage Corp., a full-service residential mortgage lender headquartered in Troy, announced the appointment of Theresa Sprague as vice president of branch growth and retention. The firm has also added Jason Sprague and his team of loan officers, Jon DeKoninck, Denise Huettner, and Tim Donner.
Edit ModuleShow Tags

Most Popular

  1. Revered Cadieux Café on Detroit’s East Side Sold to Restauranteur Paul Howard and Musician John Rutherford
    The owners of the Cadieux Café on Detroit’s east side today announced that they have sold the...
  2. Farmington Hills’ Plum Market to Open Street Concept Store in Downtown Detroit
    Plum Market, a food and beverage company based in Farmington Hills, will open a street concept...
  3. Bloomfield Hills-Based Sterilogy and Grand Valley Students Develop System to Help Reduce Hospital Infections
    Keeping hands clean and sanitized in hospitals and other medical facilities can be a challenging...
  4. BESA Detroit Restaurant Opens in the Central Business District
    A new restaurant, lounge, and private dining establishment called BESA Detroit has opened on the...
  5. HTI Cybernetics in Sterling Heights to Invest $20.6M in Expansion
    Sterling Heights-based HTI Cybernetics Inc., a provider of automated and robotic welding systems,...
  6. Beaumont Health and Universal Health Services to Build $40M Mental Health Hospital in Dearborn
    Beaumont Health in Southfield and Universal Health Services (UHS) today announced they have...