Young Ypsilanti entrepreneur thriving in housing market

Wednesday, March 18, 2009 | Source: The Ypsilanti Courier

Stewart Beal's role in redeveloping Ypsilanti is growing. And so too is his company.

Excerpt:

While some are saying that we are facing an economic meltdown, others call it an opportunity.

Stewart Beal, the 25-year-old Eastern Michigan graduate who owns Beal Properties and Beal Inc., is one of the latter.

With the deeds to 20 Ypsilanti buildings in its possession, Beal Properties rents out 120 apartments and saw its sales nearly triple from 2007 to 2008. Beal Inc - a multifaceted company providing services from waste hauling to building maintenance to asbestos abatement - saw its sales almost double $1.4 million in 2007 to $2.5 million in 2008.

Read the rest of the story here.