Fox Creek Properties
Detroit, MI
Jay’s dynamic real estate skills allowed him to turn around a troubled portfolio of 22 vintage flats and homes on Detroit’s eastside. The properties were vacant for several years, on the brink of tax foreclosure, several were damaged by fire and the remainder needed significant improvements.
Over $500,000 was invested using a complex mix of leveraging property equity, affordable housing financing, property tax abatement and property tax incentives and the revitalization of nearly an entire block had ripple effects throughout neighborhood.
