In the News

Kyle Hauberg Quoted in, "Small Retail, Big Portfolio: Downturn Had Upside for Versa Development"

July 4, 2011
Crain's Detroit Business

Assistant Practice Group Leader of Dykema’s Real Estate practice, Kyle Hauberg was quoted in a Crain’s Detroit Business article about real estate development strategy in Michigan. The article highlights the emphasis on quality-driven deals, versus a value-driven model which typically involves the purchase of distressed debt. When commenting on the quality-driven model, said Hauberg, “Many of the well-known developers in the region got their start in past downturns…” The article further suggests that several developers in Michigan have embarked on, and have been successful, in standing on a small tenant platform.  

Read article