What is property speculation — and who’s doing it in Detroit?
Speculators, working at large scales, have reshaped Detroit’s neighborhoods through neglect
By Aaron Mondry, Outlier Media
Tags: Metro Detroit, Real Estate, Government, Dennis Kefallinos, downtown Detroit, Mike Duggan, Cover Story
Dennis Kefallinos: Detroit’s most notorious speculator
Only a handful of his nearly 300 properties are occupied despite decades of ownership
Tags: Metro Detroit, Real Estate, Government, Dennis Kefallinos, Russell Industrial Center, Downtown Detroit, Cover Story
Detroit speculators hide their identities to avoid scrutiny — and it’s perfectly legal
Property owners can use a web of limited liability companies, attorneys and registering services to avoid putting their names on paper
Tags: Metro Detroit, Government, Real Estate, Cover Story
