NY firm adds to Detroit portfolio with purchase of iconic towers

New York-based Northern Group closed on the purchase of the Mies van der Rohe Lafayette Towers, adding another signature property to their growing Detroit portfolio.

Excerpt:

Northern considers Lafayette Towers to be “one of the preeminent rental properties in the downtown area,” says Richard Skriloff, COO. “We’re big believers in the market in general and this was an opportunity for a very strong performing property, a good complement to Alden Park, a great addition to our overall portfolio.”

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