City Club Apts has new owner, Skyline 776 name

City Club Apartments in Downtown Cleveland are now Skyline 776 after the
development’s major lender bought the company that owned the property.
The building, which is now mostly complete, has a new property
management company starting this week (KJP).
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Faced with a difficult financial situation involving multiple development projects nationwide, City Club Apartments of Farmington Hills has sold its interest in the nearly completed 23-story mixed-use tower at 776 Euclid Ave. in Downtown Cleveland. The buyer was its primary financial backer, Detroit-based Finance Michigan. And, as a result of the change, the building will be rebranded as “Skyline 776.”

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