G2TT
来源类型Brief
规范类型简报
Commercial Investment in Detroit
其他题名Summary Findings
Brett Theodos; Eric Hangen; Jay Dev; Sierra Latham
发表日期2017-09-12
出版年2017
语种英语
概述Since the end of the most recent economic recession, Detroit has seen a resurgence of investment in commercial, multifamily, industrial, and institutional real estate. Across Detroit, the dollar volume of construction and rehabilitation investments in these properties more than doubled from 2011 to 2015. Mission-oriented lenders and government subsidy programs have played a critical role in Detroit’s resurgence
摘要

Since the end of the most recent economic recession, Detroit has seen a resurgence of investment in commercial, multifamily, industrial, and institutional real estate. Across Detroit, the dollar volume of construction and rehabilitation investments in these properties more than doubled from 2011 to 2015. Mission-oriented lenders and government subsidy programs have played a critical role in Detroit’s resurgence. Mission lenders further support real estate developers by providing technical assistance and debt financing to borrowers with limited access to conventional capital. Continued support for the mission finance ecosystem is needed to build on recent success, particularly in neighborhoods outside Greater Downtown.

The Tipping Point feature can be found here.

主题Neighborhoods, Cities, and Metros ; Housing and Housing Finance ; Economic Growth and Productivity
URLhttps://www.urban.org/research/publication/commercial-investment-detroit
来源智库Urban Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/479895
推荐引用方式
GB/T 7714
Brett Theodos,Eric Hangen,Jay Dev,et al. Commercial Investment in Detroit. 2017.
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