News Post

March 10, 2022

Potawatomi tribes seek collaboration on investments, acquisitions

BY JOE BOOMGAARD  MARCH 7, 2022- Tribal Business News GRAND RAPIDS, Mich. — A pair of Michigan-based Potawatomi tribes hope their co-investment strategy can serve as a model for tribes to work together on economic development projects. Last year, Waséyabek Development Co. LLC, the non-gaming arm of the Nottawaseppi Huron Band of the Potawatomi, made a passive investment into a deal led by Gun Lake Investments, the non-gaming investment arm of the […]
March 30, 2022

Developers giving former Lincoln School another life

Leader Publications By Ryan Yuenger DOWAGIAC — A building unoccupied for nearly a decade will finally see redevelopment. The Dowagiac City Council approved a resolution on Monday to authorize an agreement with Cressy Commercial Real Estate and Pokagon Band investment arm Mno Bmadsen to begin the planning process in the redevelopment of the former Lincoln School, 407 E. Division St. The development plan submitted to the city includes the transformation of […]
May 5, 2022

MNO-BMADSEN ACQUIRES OWNERSHIP POSITION IN CITY CENTER LOFTS

BENTON HARBOR, MI. – Cressy Commercial Real Estate is pleased to announce that Mno-Bmadsen, the non-gaming investment arm of the Pokagon Band of Potawatomi Indians, has acquired an ownership position in its project City Center Lofts. Located on the corner of Main Street and Pipestone Street in downtown Benton Harbor, City Center Lofts is a two-story, 20,000 square foot mixed-use building constructed in the 1880’s. The structure was on the […]
May 6, 2022

MNO-BMADSEN TAKES OWNERSHIP STAKE IN CITY CENTER LOFTS

-Investment Represents Commitment to Honoring Ancestral Land and Supporting Communities-  Dowagiac, MI – May 6, 2022 – Mno-Bmadsen, the independent non-gaming investment entity of the Pokagon Band of Potawatomi Indians, is proud to announce it has acquired a 50 percent stake in City Center Lofts from Cressy Commercial Real Estate. Financial details about the transaction were not disclosed.  Originally constructed in the 1880s, City Center Lofts sits on the corner […]
May 9, 2022

Pokagon Band of Potawatomi Indians acquires ownership position in Cressy’s City Center Lofts

May 9, 2022 – REJournals Mno-Bmadsen, the non-gaming investment arm of the Pokagon Band of Potawatomi Indians, has acquired an ownership position in Cressy Commercial Real Estate’s City Center Lofts mixed-use development in Benton Harbor, Michigan. Located on the corner of Main Street and Pipestone Street in downtown Benton Harbor, City Center Lofts is a two-story, 20,000-square-foot mixed-use building constructed in the 1880s. The structure was on the verge of […]
May 9, 2022

Mno-Bmadsen builds real estate portfolio via new partnership 

City Center Lofts in downtown Benton Harbor, Mich. (Courtesy photo) BY CHEZ OXENDINE  MAY 9, 2022 DOWAGIAC, Mich. — Mno-Bmadsen, the non-gaming investment arm of the Pokagon Band of Potawatomi Indians, has co-invested in a mixed-use property that aims to play a role in the revitalization of a Southwest Michigan city. Through its subsidiary Red Tail Properties, Mno-Bmadsen has acquired a 50-percent equity position in the City Center Lofts project in Benton Harbor, […]
May 17, 2022

Mno-Bmadsen Acquires Ownership Stake in Michigan’s City Center Lofts

May 12, 2022 BENTON HARBOR, MICH. — Mno-Bmadsen, the independent, non-gaming investment entity of the Pokagon Band of Potawatomi Indians, has acquired a 50 percent stake in City Center Lofts in downtown Benton Harbor, a city in Southwest Michigan. Cressy Commercial Real Estate sold the stake for an undisclosed price and will retain a 50 percent stake in the property. Originally constructed in the 1880s, City Center Lofts sits on […]