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Specialties
We have one purpose and that’s to create the next generation of Urban Developers.
Our students are required to be entrepreneurial — to set goals, create a balance sheet, increase their credit score, find good deals, underwrite the deals, structure the deals for maximum leverage and close the transaction to graduate. We believe the only way to learn how to do it, is to just do it!
History
Established in 2006.
Strather Academy, an affiliate of Strather Associates was created in 2006 at Wayne County Community College by Herb Strather to teach Detroiters real estate acquisition skills. The first 1,000 students were taught free at WCCCD. The firm then moved on to Marygrove College where Mr. Strather taught for two years. Finally Strather Academy became a stand-alone institution. However Mr. Strather occasionally lectures at Harvard University Divinity School teaching «Faith and Finance» and Ross School of Business at the University of Michigan.
The academy’s philosophy is to teach by doing. Mr. Strather believes the best approach is «hands on.» When a student becomes involved in a project, they learn through experience rather than just theory. And certainly, learning under an experienced coach is much better than attempting to learn by trial and error.
In recent years, Strather Academy students have formed three successful joint ventures Apollo I, Apollo II, and Apollo III.
Meet the Business Owner
Herb S.
Business Owner
Born and raised in the City of Detroit, Herbert J. Strather is the Chairman of Strather Associates, a real estate development and investment firm located in Detroit. Established by Strather in 1975, Strather & Associates is responsible for more than $ 2 billion in real estate transactions and is a multi-level conglomerate consisting of real estate acquisitions, investment, development, education and property management.