Founded in 1968 by W. Sidney Smith, Smith Equities develops multi-family communities, office space and regional and local retail centers throughout Michigan. With a total real estate portfolio of over $200 million, we continue to employ strategic financial and joint venture partnerships to add to our portfolio of over 2,800 multi-family rental units and substantial office and retail holdings.
In addition to financing many projects through the Michigan State Housing Development Authority and local banks, we have also raised approximately $80 million in equity investments with nationally known equity providers.
Our commitment to quality construction and creative financing structures has allowed us to continue to produce quality affordable housing, Class A office and regional retail space.