About
About Atlante Capital Group
Our goal is to narrow the divide by delivering reasonable returns on investment to our stakeholders, all while ensuring clean, safe, and accessible housing options for every community member. Our focus includes unlocking opportunities in undervalued off-market single-family residences and multifamily apartments in Metro Detroit.
We take an active role in property ownership and management, investing not only in our properties but also in those operated by trusted partners who share our vision. Our commitment lies in fostering a blend of market-rate and subsidized housing, creating a stable foundation for workforce housing. This approach not only keeps community members rooted in their neighborhoods but also cultivates strong bonds among neighbors, fostering collaboration to enhance their homes and overall quality of life
- Financially oriented, manages cost reduction initiatives, implements value acceleration process and controls, utilizes data and technology to optimize business performance
- Specializing in:
- Deal Analysis
- Financial Modeling
- P&L Analysis
- Asset Management
- Operational Restructuring
- Process Improvement
- Technology Solutions
- Vendor Management
- Change Management
- Asset classes include Multifamily, Single-family, Land Development
- Currently managing 6 assets in Metro Detroit
- Raising capital for Atlante Michigan Fund 1 to accelerate acquisitions across Metro Detroit
- Investor in 2 stabilized multifamily assets (407 units) and 1 rehab (42 units) in Detroit
- Investor in 3 value-add multifamily assets (548 units) in Tucson
- Underwritten over 350 deals since 2019
- Advise buyers, sellers, and investors on specific deals, including market analysis, financial analysis, and due diligence
- Previous owner of pre-subdivided property that was developed and sold off as subdivided parcels in Washington state
- Advised the City of Detroit on post-bankruptcy plans for the Planning and Development Department by writing the strategic plan and working with HUD and its consultants to facilitate disbursement of federal and state funds.
Detroit’s strategic positioning ensures that the city remains an economic hub with immense potential for growth. Its proximity to major transportation routes and access to Canada via the Ambassador Bridge, Detroit-Windsor Tunnel, and soon the new Gordie Howe Bridge, makes it an ideal location for domestic and international trade.
The healthcare, technology, and automotive industries have seen tremendous growth in Metro Detroit. And beyond the traditional industries, Detroit has grown into an entrepreneurial hub with a strong startup ecosystem. There are 50 companies with revenues exceeding $5B within a 2.5-hour drive from Detroit’s Central Business District. There are 93 colleges and universities in Michigan, and Southeast Michigan has the highest concentration of engineers in the country!
Detroit has experienced a remarkable transformation with over 200 new restaurants and entertainment venues emerging in recent years. This revitalization has attracted major publications to include Detroit as a “travel destination.” With substantial public and philanthropic investments in the billions of dollars, the Downtown and Midtown areas boast stunning architecture, vibrant public spaces, and an overall feeling of community. Investment is now extending to the neighborhoods.
Compared to other major cities, Detroit is still very affordable. Despite its past economic challenges, the city’s real estate market remains one of the most affordable in the nation. There are great opportunities for investors to purchase homes for below-market prices. Additionally, Detroit’s rent costs are some of the lowest in the country and remain far lower than those of major cities like Chicago, New York, Boston, and San Francisco.
It is undeniable that Detroit has immense potential for our residential real estate investments. From a strong business presence to strategic location, sports fervor to vibrant entertainment, and a revitalized downtown area, Detroit offers something for everyone.
Meet Our Team
Michael Scherer
Founder and Managing Partner
Michael Scherer is the founding principal of Atlante Capital Group, LLC, which focuses on the acquisition, stabilization, and management of value-add real estate investment properties. He has a passion for real estate investing and for providing clean, safe, affordable housing solutions for residents. Over the years, he has advised several individual investors and owned private real estate holdings.
Michael grew up and attended school in Metro Detroit and completed his Bachelor of Mechanical Engineering degree from the University of Detroit Mercy. After spending a few years living in Italy, he went on to earn an MBA from the University of Chicago Booth School of Business. He worked for several large public companies, such as Lear Corporation, Accenture, and JD Power, before founding a consulting and advisory services firm.
Michael has helped individuals and organizations from startup to Fortune 10 to improve performance and scale operations. One of his biggest accomplishments was to assist the City of Detroit in preparation for bankruptcy proceedings by creating a strategic plan for the restructured Planning & Development Department. He currently serves as an advisor to the College of Engineering & Science at the University of Detroit Mercy and is an advisor to Talamus Health. Michael previously served on the board of Minds Matter – Detroit.
Nate Stull focuses on the acquisition, rehabilitation, and sale of value-add real estate properties, and is a real estate broker, based in Metro Detroit. Nate has a passion for real estate investing and for providing updated, fashionable housing for homeowners and tenants. He has overseen the rehab of 100+ residential properties and brokered the sale of numerous residential and commercial properties.
Nate grew up in rural Michigan and completed his Associate of Arts, Political Science degree at St. Clair County Community College and his Bachelor of Arts, Political Economy degree from the Hillsdale College. After graduating from the University of Michigan Law School, Nate worked for a boutique law firm specializing in tax law, estate planning, and business succession planning. He then went on to found his own law firm in Detroit.
One of Nate’s most enjoyable accomplishments was to assist the City of Detroit with the sale and management of its commercial real estate after the City’s bankruptcy. Nate currently serves as a consultant to Grand 7 Detroit, a nonprofit community development corporation he helped found in 2013. Nate previously served on the boards for Grand 7 Detroit, V.I.S.I.O.N. (Vital Investments Serving in Our Neighborhoods), and Youth for Christ of Detroit.
Nate Stull
Partner and COO
Anthony DiBartolomeo
Property Manager
Rehab, Maintenance & Repairs
Anthony DiBartolomeo manages property maintenance. He has many years of residential and commercial property management experience, handling all types of maintenance, renovation, and construction. Anthony can tackle any problem that may arise.
Tom Paglia
Property ManageR
Resident Acquisition & Retention
Our Core Values
Quality & Excellence
We strive for excellence in every aspect of our operations, from property acquisition to management, with a commitment to delivering high-quality outcomes for our investors.
Transparency & Accountability
Open and honest communication is at the core of our operations. We provide regular, transparent financial reporting to ensure accountability and build trust with our investors.
Profit Sharing Alignment
Our profit-sharing structure is designed to align the interests of investors and the fund manager, fostering a collaborative and mutually rewarding investment journey.
Diversity & InCLusion
We are committed to fostering diversity in our property portfolio, tenant demographics, and investment strategies, recognizing the strength that comes from inclusivity.
Community Partnership
Our commitment extends beyond property management; we actively engage with and contribute to the communities we serve, building lasting partnerships for mutual benefit.
