September 9, 2021
The Carlton Group is exclusively engaged to raise approximately $23 million of JV equity for the development of an approved 11-story, 558 co-living development in the Midtown neighborhood of resurging Detroit (“Project”). “The Mid on Woodward” will be branded and managed by Common, the nation’s leading co-living operator. The entrepreneurial sponsor has assembled a “best-in-class” team to include the master developer Rockford Construction, construction manager Roncelli and master architect inFORM.
The Project will also include a 175-key Thompson Hotel adjacent to the site and to be capitalized separately.
Paul Wolfson | Director
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