The historic Inn on Ferry Street is under new ownership. The popular hotel has been owned by Midtown Detroit Inc. for the past 20 years and is now under ownership of an affiliate of Cloudland Capital and it will be managed by Life House.
“We are honored to be working with Cloudland Capital on the Inn on Ferry Street, which marks Life House’s first property in Detroit,” says Bryan Dunn, Managing Director and Head of Growth at Life House. “We look forward to continuing our aggressive expansion into urban core markets with a focus on locally-rooted boutique properties like the Inn on Ferry Street.”
The Inn consists of 33 rooms over four Victorian houses and a carriage house along the historic Ferry Street, just a block away from the Detroit Institute of Arts. The DIA took ownership of the homes in the 1970s, and it was turned into an Inn by Midtown Detroit Inc, which ran it since 2001.
The Inn closed in 2021, after not reopening after Covid. The Inn lost a lot of money during the shutdown due to the high maintenance and carrying costs of the houses.
“We are thrilled that both Cloudland Capital and Life House will continue to provide exceptional hospitality at the Inn for the many guests who have stayed with us over the past decades as well as for newcomers visiting the Inn for the first time,'' stated Susan Mosey, Director of Midtown Detroit, Inc.
