Mat Ishbia offered $18 million to buy Forest Lake Country Club
Billionaire president and CEO of United Wholesale Mortgage considers offer dead
Offer was not presented to club's 100 or so equity members for consideration
Larry Peplin for Crain's Detroit Business
United Wholesale Mortgage President and CEO Mat Ishbia offered $18 million to buy the Forest Lake Country Club in Bloomfield Township to build a personal residence and perhaps a handful of others.
Mat Ishbia tried to buy Forest Lake Country Club for $18 million.
The billionaire president and CEO of Pontiac-based United Wholesale Mortgage confirmed that he is behind FLCC Acquisition LLC, the entity that made the offer in December for the nearly century-old club that sits on 104 acres south of Square Lake Road and west of Franklin Road.