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--><rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:media="http://www.rssboard.org/media-rss" version="2.0"><channel><title>DOW RIDGE CAPITAL  @DOWRIDGECAPITAL</title><link>http://dowridgecapital.com/blog/dowridgecapital/</link><lastBuildDate>Thu, 15 Dec 2016 18:20:25 +0000</lastBuildDate><language>en-US</language><generator>Site-Server v@build.version@ (http://www.squarespace.com)</generator><description><![CDATA[]]></description><item><title>ARCHITECTURAL DIGEST HINTS PHARRELL IS NORTH CORKTOWN DETROIT PHILANTHROPIST</title><dc:creator>Shant Atikian</dc:creator><pubDate>Sat, 26 Nov 2016 18:36:00 +0000</pubDate><link>http://dowridgecapital.com/blog/dowridgecapital/2016/12/15/architectural-digest-hints-pharrell-is-north-corktown-detroit-philanthropist</link><guid isPermaLink="false">5806a882197aeafadf7d4ebb:58408c07197aea788b1f7bc9:5852dee9e58c62f191f6e3dc</guid><description><![CDATA[The Detroit News recently reported on a North Corktown re-development 
rumored to be backed by Pharrell Williams. New York City based, Alexander 
Gorlin Architects have been commissioned by a private, 
undisclosed, Philanthropist. Architectural Digest checked-in with the 
AD100 2016 architect who shared his "Current Collaboration: Current 
Collaboration: Teaming with musician Pharrell Williams on prefab housing in 
Detroit."]]></description><content:encoded><![CDATA[<p><a target="_blank" href="http://www.detroitnews.com"><em>The Detroit News</em></a> recently reported on a North Corktown re-development rumored to be backed by Pharrell Williams. New York City based, <a target="_blank" href="http://gorlinarchitects.com/projects/north-corktown-detroit/">Alexander Gorlin Architects</a> have been commissioned by a private, undisclosed,&nbsp;Philanthropist. <a target="_blank" href="http://www.architecturaldigest.com"><em>Architectural Digest</em></a> checked-in with the <a href="http://www.architecturaldigest.com/story/alexander-gorlin-architects-ad100">AD100 2016 </a>architect who shared his "<strong>Current Collaboration:&nbsp;</strong>Current Collaboration: Teaming with musician <a target="_blank" href="http://pharrellwilliams.com/">Pharrell Williams</a> on prefab housing in Detroit."</p>


























  

  



  
    
      

        

        

        
          
            
              
                
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  <p>Connecting the dots, it's obvious that <a target="_blank" href="http://gorlinarchitects.com/">Gorlin Architects</a> are working on something with Pharrell in Detroit and it just may be a North Corktown redevelopment.</p><p>http://www.detroitnews.com/story/business/2016/11/25/detroit-north-corktown-development-alexander-gorlin-pharrell-wiliams/94444690/</p><p>http://www.architecturaldigest.com/story/alexander-gorlin-architects-ad100</p>]]></content:encoded></item><item><title>1000 NEW APARTMENTS UNDER CONSTRUCTION IN DETROIT</title><dc:creator>Dow Ridge Capital</dc:creator><pubDate>Fri, 25 Nov 2016 00:22:00 +0000</pubDate><link>http://dowridgecapital.com/blog/dowridgecapital/2016/12/5/1000-new-apartments-under-construction-in-detroit</link><guid isPermaLink="false">5806a882197aeafadf7d4ebb:58408c07197aea788b1f7bc9:5846032e46c3c4bf87a19095</guid><description><![CDATA[<p><a target="_blank" href="http://www.maxbroock.com/">Max Broock's</a> <a target="_blank" href="http://kathybroock.com/">Kathy Broock</a>, shared Real Estate One's November 2016 Market Update. More at http://kathybroock.com/southeast-michigan-market-update/&nbsp;</p>


































































  

    
  
    

      

      
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        </figure>]]></description></item><item><title>DETROIT DEVELOPMENT UPDATE: HOSPITALITY</title><dc:creator>Dow Ridge Capital</dc:creator><pubDate>Sun, 13 Nov 2016 20:35:00 +0000</pubDate><link>http://dowridgecapital.com/blog/dowridgecapital/2016/12/2/detroit-development-hotel-round-up</link><guid isPermaLink="false">5806a882197aeafadf7d4ebb:58408c07197aea788b1f7bc9:584196036a4963eb48210a57</guid><description><![CDATA[<figure class="
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  <h3><a target="_blank" href="http://ashnyc.com/hotels"><strong>ASH HOTEL</strong></a><br /><strong><strong>WURLITZER BUILDING - BROADWAY AND JOHN R</strong></strong></h3><p><span>ASH Hotels recently acquired an early 20th century Renaissance Revival building in downtown Detroit, which once housed the famous Wurlitzer Company. The planned hotel redevelopment, with an estimated project cost of $21 million, will require a comprehensive historic restoration and breathe new life into what is currently a blighted landmark that has remained vacant for several decades. There will be 106 guest rooms, in addition to a carefully curated food, beverage, and retail program, including one of Detroit's only rooftop bars with views into Comerica Park.</span></p><h3><a target="_blank" href="http://news.marriott.com/2016/05/starwood-hotels-debut-eco-wise-element-brand-detroit-following-historic-adaptive-re-use-project/"><strong><strong>ELEMENT HOTEL AT THE METROPOLITAN BUILDING</strong></strong></a><br /><strong><strong>JULY 2018</strong></strong><br /><br /><span>Marriott International / Starwood Hotels &amp; Resorts Worldwide announced Element Hotels, its stylish eco-incubator brand, will debut in Detroit in July of 2018, following an adaptive re-use project that will transform the historic Metropolitan Building into an upscale mixed-use development. Element Detroit at the Metropolitan Building will be owned and developed by Metropolitan Hotel Partners, LLC, a joint venture between Detroit-based Means Group and Roxbury Group, and will feature 110 light-filled rooms and an atmosphere designed to fuel a life in balance and on the move.</span></h3><h3><a target="_blank" href="http://aparium.com/hotels/the-foundation/"><strong><strong>DETROIT FOUNDATION HOTEL</strong></strong></a><br /><a href="http://aparium.com/hotels/the-foundation/"><strong><strong>WASHINGTON BLVD AND WEST LARNED</strong></strong><br /><strong><strong>OPENING 2017</strong></strong></a><br /><br /><span>Acting as owner, co-developer, and manager, Aparium—working hand-in-hand with developer Walter Cohen—is in the midst of transforming the historic Detroit Fire Department Headquarters into the Foundation Hotel. The 100 room independent hotel adds another piece to the ongoing Detroit renaissance puzzle. The $28 million project draws on the Motor-City’s unparalleled past while proactively moving the city to its next incarnation as a national cultural, business, and artistic touch-point.</span><span>&nbsp;</span><span>Scheduled for an early 2017 opening, The Foundation Hotel will help kick-start the local economy by bringing 100 full and part-time jobs to the Detroit market.</span><br /><br /><a target="_blank" href="https://www.shinola.com/shinola-hotel"><strong><strong>THE SHINOLA HOTEL</strong></strong></a><br /><strong><strong>14000 WOODWARD AVENUE</strong></strong><br /><strong><strong>OPENING 2018</strong></strong><br /><br /><span>Featuring Detroit-inspired design from Gachot Studios and an innovative food and beverage program from New York-based Noho Hospitality Group. The Shinola Hotel will combine the best of two Detroit-based companies – Shinola’s high-quality American built craftsmanship and Bedrock’s development and urban revitalization </span><br /><span>expertise –&nbsp;to provide a unique experience worthy of the city itself.</span><span>West Elm announced the expansion of its signature new modern aesthetic into the travel and hospitality industry with the launch of West Elm HOTELS (</span><a href="http://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http://www.westelmhotels.com&amp;esheet=51426916&amp;newsitemid=20160926005430&amp;lan=en-US&amp;anchor=www.westelmhotels.com&amp;index=1&amp;md5=41fcab5fc1100be0ae7ff55436cb71aa"><span>www.westelmhotels.com</span></a><span>), a partnership with hospitality management and development company DDK. The first properties are expected to be located in Detroit, Michigan</span><span>.</span></h3><h3><a target="_blank" href="http://westelmhotels.com/locations/"><strong><strong>WEST ELM HOTEL</strong></strong></a><br /><strong><strong>CASS AVENUE AND CANFIELD</strong></strong><br /><strong><strong>OPENING 2018</strong></strong><br /><br /><span>West Elm announced the expansion of its signature new modern aesthetic into the travel and hospitality industry with the launch of West Elm HOTELS, a partnership with hospitality management and development company DDK. The first properties are expected to be located in Detroit, Michigan</span><span>.</span></h3>]]></description></item><item><title>DOW RIDGE CAPITAL ANNOUNCES MEZZANINE LENDING, FINANCING GROWTH CAPITAL AND MEZZANINE LOANS</title><dc:creator>Dow Ridge Capital</dc:creator><pubDate>Sat, 12 Nov 2016 20:54:00 +0000</pubDate><link>http://dowridgecapital.com/blog/dowridgecapital/2016/12/1/dow-ridge-capital-announces-mezzanine-lending-financing-growth-capital-and-mezzanine-loans</link><guid isPermaLink="false">5806a882197aeafadf7d4ebb:58408c07197aea788b1f7bc9:58408d75893fc05b6ecbe860</guid><description><![CDATA[“Mezzanine Lending: Bridging the funding gap with mezzanine loans.”

    “Mezzanine Lending extends qualified businesses and developers asset
    secured collateral bridge financing” says President, Chief Investment
    Officer and Dow Ridge Capital Founder, Mr. Shant Atikian. “ We are
    proud to further support Pure Michigan based companies and global
    entrepreneurs with the announcement of Mezzanine Lending, offering
    mezzanine capital and liquidity”

About Dow Ridge Capital — Dow Ridge Capital is a strategic development, 
real estate and capital firm founded by Shant Atiakian in 2016. Michigan 
based investment funds finance Growth Capital and Technology private 
placements. Seeking opportunities for investment and funding, interested 
and applicants and strategic partners are encouraged to visit 
dowridgecapital.com for Mezzanine Lending.

Dow Ridge Capital, LLC
dowridgecapital.com
hello@dowridgecapital.com]]></description><content:encoded><![CDATA[<h2>“Mezzanine Lending: Bridging the funding gap with mezzanine loans.”</h2><blockquote>“Mezzanine Lending extends qualified businesses and developers asset secured collateral bridge financing” says President, Chief Investment Officer and Dow Ridge Capital Founder, Mr. Shant Atikian. “ We are proud to further support Pure Michigan based companies and global entrepreneurs with the announcement of Mezzanine Lending, offering mezzanine capital and liquidity”</blockquote><p><strong>About Dow Ridge Capital — </strong>Dow Ridge Capital is a strategic development, real estate and capital firm founded by Shant Atiakian in 2016. Michigan based investment funds finance Growth Capital and Technology private placements. Seeking opportunities for investment and funding, interested and applicants and strategic partners are encouraged to visit dowridgecapital.com for Mezzanine Lending.</p><p>Dow Ridge Capital, LLC<br />dowridgecapital.com<br />hello@dowridgecapital.com</p>]]></content:encoded></item><item><title>CONSTRUCTION UPDATE: OCTOBER 2016</title><dc:creator>Dow Ridge Capital</dc:creator><pubDate>Sat, 15 Oct 2016 19:49:00 +0000</pubDate><link>http://dowridgecapital.com/blog/dowridgecapital/2016/12/1/construction-update-october-2016</link><guid isPermaLink="false">5806a882197aeafadf7d4ebb:58408c07197aea788b1f7bc9:58408c82d2b85768c5e7ffd3</guid><description><![CDATA[<figure class="
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