Van Conway and Partners

05/09/2025

Please join us in congratulating Van Conway, on his induction into the DAC Blackballers' Hall of Fame, a select group of the Club's very best athletes, who have achieved great success both on and off the court. An incredible honor only awarded to 8 members in the DAC's 138 year history. His heart, his athletic prowess, his tenacity, his love of the game (racquetball), his need to win, his sportsmanship, and his integrity and leadership are unmatched!

01/21/2025

VCP thought of the week.

12/23/2024

The combination of lower interest rates, increased M&A activity, and the implementation of new tariffs could indeed define the business landscape in 2025. Lower interest rates may encourage businesses to invest and expand through mergers and acquisitions, while new tariffs could introduce uncertainties and challenges in the global trade environment. It's important for businesses to stay informed, adapt their strategies, and monitor potential impacts from these factors to navigate through the upcoming year.

Interest rates should continue to at least slightly decline in 2025, making some business borrowing less costly and potentially spurring higher capital investments and M&A deal activity.

12/17/2024

The issues facing Michigan suburbs, including stagnant population growth and the impact of property tax limitations, are significant challenges that will require careful planning and strategic solutions.

Economic malaise and an aging population have led to slow rates of growth that placed Michigan’s population growth 49th among the 50 states. And our population is projected to grow at an annual rate of only 0.15% for the next 30 years. Michigan's stagnant population growth significantly affects local economies, infrastructure, and social services. Addressing this issue must involve initiatives to attract new residents, promote local economic development, and improve quality of life to make the suburbs more appealing.

Additionally, the impact of Michigan's property tax limitations create budgetary constraints for many local governments, thereby affecting essential services and infrastructure. More than simply changes to property tax limitations, Michigan local governments need a more diversified tax structure that allows local governments to access revenues connected to their economy combined with efforts to provide services more efficiently at a regional level. Finding alternative sources of revenue and efficiently managing existing resources is necessary to address this challenge.

Addressing these two issues is imperative and will require collaboration between local government, businesses, and community stakeholders to develop sustainable solutions for the future of Michigan suburbs.

Stagnant population growth and property tax limitations create challenges for Michigan's suburban governments to provide services.

12/09/2024

General Motors has announced that it is offering to donate any future profits it makes from the partial demolition and redevelopment of the Renaissance Center to not-for-profit educational organizations. This decision comes as GM navigates lawmaker reaction to the redevelopment plans. The company's commitment to donating profits from the RenCen redevelopment demonstrates its ongoing dedication to supporting education and the local community.

https://www.crainsdetroit.com/real-estate/gm-says-it-will-donate-profits-rencen-redevelopment