photo credit: Amy Sacka @amysacka
Century Partners, led by David Alade and Andrew Colom, is a professional real estate development team based in Detroit. They buy abandoned and vacant properties in historic Detroit neighborhoods, then renovate, rent and sell. So far, CP’s first fund is projected to earn over 15% on an annualized basis. Now, the team is raising a new fund (of $550k) with rabble to allow everyone to take part. Together with rabble, CP is using new laws to make development in Detroit accessible and rewarding for investors as well as the city. Investors can begin with as little as $100.
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