The plot only gets thicker with Shady business deals in the works.

 I have a keen sense when it comes to when things are wrong and just after 1 hour of research my stomach is in knots of what I am seeing thus far. Let me recap on my findings and hunches here. 

THIS GUY IS A HOOT! 

1. A pattern of buying run down properties getting loans on properties both federal and private ones then kick people out of there homes with NOT DUE PROCESS but corsion with structural issues that was pre existing when purchased. So instead of eviction they send an emergency notice to vacate.

NOW LETS TALK ABOUT THE LELAND HOTEL KEY POINTS AS OF 12/12/25

• About 75 residents, who were previously told to vacate, can now stay at least until the building is sold.
• Despite the deal, the judge advised residents to seek other housing options due to the building's uncertain future

A bankruptcy judge has signed off on a plan to prevent an electricity shutoff at the Leland House apartments in downtown Detroit and allow the remaining 75 or so residents to stay.

U.S bankruptcy Judge Maria Oxholm on Thursday, Dec. 4, approved the plan, which authorizes the owners of the rundown 22-story building to take out a $1.2 million short-term, high-interest-rate loan that is to be paid off if and when the building is sold next spring.

Some of the loan proceeds must go toward an immediate $57,120 payment to DTE Energy before a court-ordered deadline of 5 p.m. on Monday, Dec. 8. Other proceeds must go to buying casualty insurance for Leland House, which is something the building hasn't had since 2014 and which would protect the property's creditors if something catastrophic were to happen.

THERE WAS A GO FUND ME THAT RAISED OVER $35K WHERE IS THAT!! WHY A LOAN AND ASKING FOR MONEY!! WAIT IT GETS BETTER! 

The condition of the loan from 

Next Bridge Funding is providing the $1.2 million loan, which has a six-month term and a 17.99% interest rate, according to bankruptcy court documents. The loan is to be repaid as soon as the building is sold.

Real estate investor Ara Darakjian has an option to buy the building, but is waiting for the bankruptcy case to sort out and hasn't yet executed the option, a representative said. Court documents show that Darakjian is currently under a management contract for the building with about three years still remaining.

Leland House's emergency loan was nearly held up by a last-minute report concerning the physical condition of electrical equipment in the building. The report spooked the lender, as the cost of repairing the equipment could be high.

But once DTE's attorney made a phone call during a break in the court session, it was learned that the potential problem would only arise if electric service were to be cut to the building. So Next Bridge ultimately decided to go forward with the loan.

So let me get this right this Darakjan has a management contract for Leland Hotel that expires in 3 years..He is also the same person that is waiting for a bankruptcy to happen to then purchase said property....sooo lets just let it go to shambles NOT pay the bill on time to only then get it shut off knowing DAMN well it wont be able to get turned back on due to electical issues with building! HOLY SHIT BATMAN! Soooo what now for the residence of the building and the future of City Club...

WAIT IT GETS BETTER! :) MORE COMING SOON!