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

Dennis Kefallinos: Detroit’s most notorious speculator

Only a handful of his nearly 300 properties are occupied despite decades of ownership

By Aaron Mondry, Outlier Media

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

By Aaron Mondry, Outlier Media

Nov 6-12, 2024

Vol. 45, No. 3

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