Sulja Bros. Building Supplies, Ltd (SLJB)

[YankeeAce]

matt, In the past you have provided excellent DD. I've been digging and digging across the web trying to find more info on the Landsberg Lofts North in Detroit. If you could work your magic somehow to find out where we stand in that project we would all be very appreciative again. I found some other lofts in the area starting around the $160,000 to $170,000 range. One site mentioned $175-$205 per square foot of loft space. The Landsberg Lofts North project was purchased for $460,000 mortgage and required $650,000 of construction so the total was $1.1 million. There are eight units and it appears there are no commercial spots according to the picutre on the Loftwerks website. So all 8 units should sell for at least $1.28M to $1.6M.

I believe the project accross the street is also called the Landberg Lofts. That project was started in July 2000 for $1.2M with 10 units. As far as I can tell those have all been sold at least once. I also found another Landsberg Lofts under the Greater Downtown Partnership's New Center Development in August 2002 which lists these lofts as under construction. So as you can see all I have found is pieces of old information. TIA in case you are able to find anything. I am particularly interested in who Loftwerks is using to sell their lofts. Like which realtor?