Tim Cook, Founder
Tim Cook is a native Detroiter and licensed Michigan real estate broker with more than 25 years of experience acquiring, renovating, managing, and selling property in the Detroit market.
His specialty is turning distressed real estate into performing assets. After several years of buying, renovating, and reselling Detroit homes, he moved in 2004 into bulk acquisitions of non-performing notes, redemption paper, and bank-owned (REO) property. That work became BulkREOnetwork, which has advised hedge funds, institutional investors, and financial institutions, most of them based outside Michigan, on acquiring, repairing, managing, and selling distressed Michigan real estate. One disposition strategy he designed sold 85% of a held inventory in under two years.
Over his career Tim has originated, underwritten, and closed more than $100 million in transactions and has overseen renovation and capital projects with budgets above $2 million, including a $2 million facility renovation for a seven-location regional healthcare organization. He also supports nonprofit and affordable-housing owners with rehab planning and PILOT (payment in lieu of taxes) applications.
Tim is the managing member and broker of Skyline Realty Group and a past chairman of the East Jefferson CDC, which took part in the Pulte housing development between East Jefferson Avenue and the Detroit River.