DBHG is ecstatic to host the first “Real Estate Investor,” Workshop on Saturday, June 26th, from 9 am-12 noon. Speakers include Co-owners Jerold Graham and Darryl Brown of JEDA Investment Group and Dale Grant, CEO of Ashton Business Consulting. They will discuss the “A-Z for Commercial Real Estate Investing,” and how to use real estate investments as tax write-offs.
JEDA Investment Group, LLC develops and leases commercial space to tenants in high traffic corridors in Detroit. The company was founded in 2015 and was built on redeveloping commercial corridors in Detroit. The company strives to be the catalyst that drives change and investment in the city. The company was founded by Jerold Graham and Darryl Brown who have successfully invested their own resources to acquire a total of seven commercial buildings.
Currently, the company’s business strategy is focused on purchasing and redeveloping commercial properties along the Grand River/Greenfield corridor. This corridor is adjacent to the affluent historic Grandmont/Rosedale community. This area is very vibrant and there has been lots of redevelopment in the area. This project includes redeveloping a commercial block and lease out retail space to tenants. There are many small businesses in the city looking for locations; however, there are very few that can find developed locations to grow their businesses.
The future of brick and mortar stores some people say are dead. JEDA Investment Group LLC owners believe the need will always be there because people like to shop in their own communities. Today, business owners do not have options. There are many dollars that can be spent within the city and jobs created, but many buildings in Detroit are left abandoned or need to be rehabilitated.
The JEDA Investment Group LLC owners believe revitalizing the commercial corridors in the city are key to its growth and the state as whole, because Detroit is the heart of Michigan. The first thing someone sees when looking for a home is the commercial corridor; therefore, this is a vital component to redeveloping the neighborhoods and can entice people to come back to live in the city. “Our plan is to focus on developing various corridors in the city starting with the Grand River/Greenfield area,” says Mr. Graham.