Dan Gilbert gets catheter-based procedure after stroke at hospital – Detroit Free Press

Quicken Loans founder Dan Gilbert suffered a stroke in the hospital Sunday and had a catheter-based procedure immediately, the company confirmed late Monday.

Following the procedure, the billionaire businessman was moved to the intensive-care unit to recover, Quicken CEO Jay Farner said in a statement, which revealed further details about what had sent the 57-year-old to seek medical treatment.

“Dan is awake, responsive and resting comfortably,” Farner said. “Dan and his family are immensely grateful to the doctors and nurses whose early intervention is already paying dividends toward his recovery.”

“First, the most important thing is Dan’s health. Dan and his family are in our thoughts and we are wishing him a speedy recovery. The Chamber is grateful that Dan’s colleague, Bill Emerson, will be taking his place on stage at the conference.”

Farner said Gilbert, who is responsible for much of downtown Detroits recent growth and also owns the NBAs Cleveland Cavaliers, had not been feeling well Sunday morning and a family friend took him to the hospital, reported previously as Royal Oak Beaumont. 

Dan was not feeling well Sunday morning so he was taken to the hospital by a family friend. While under care at the hospital, he suffered a stroke and was immediately taken in for a catheter-based procedure, then moved to recovery in the Intensive Care Unit.

“Dan Gilbert and his family are grateful for the outpouring of support,” he said. “We appreciate the communitys concern.”

Update, 9:57 p.m. Monday:  Quicken Loans founder Dan Gilbert underwent a catheter-based procedure after suffering a stroke Sunday. He remained at Beaumont Hospital in Royal Oak, according to a Monday night statement from Quicken Loans CEO Jay Farner:

Farner said more updates will come as additional details are learned. He added that Gilberts companies will continue to operate normally. 

His emergency hospitalization comes a few days before the mogul was due to attend the Detroit Regional Chamber's annual Mackinac Policy Conference on Mackinac Island. Bill Emerson, vice chairman of Quicken Loans, will fill in Wednesday afternoon.

Gilbert had been expected to deliver a keynote speech on Wednesday at the annual Mackinac Policy Conference on Mackinac Island. Bill Emerson, vice chairman of Quicken, will take his place. 

We will update the public as additional details become known. Thanks to the strong culture and leadership Dan has built and grown, business at the Rock Family of Companies will continue under the normal, everyday direction of their respective CEOs.

Quicken Loans founder Dan Gilbert addresses attendees at the former site of the J.L. Hudson Co. department store in Detroit in 2017. Gilbert is resting comfortably after suffering a stroke. The 57-year-old was hospitalized on Sunday after not feeling well and had the stroke while under care, Jay Farner, CEO of Quicken Loans said in a statement released Monday night. Gilbert was immediately taken in for a catheter-based procedure and then moved to recovery in an intensive care unit.

Gilbert, 57, is founder and chairman of Quicken Loans, majority owner of the NBA Cleveland Cavaliers and a significant owner of downtown Detroit real estate. He was admitted to Royal Oak Beaumont Hospital early Sunday morning.

CLEVELAND — Cavaliers owner Dan Gilbert remains hospitalized and is “resting comfortably” after suffering a stroke.

Gilbert is, of course, one of the most wealthy and powerful businessmen in the metro area; his company helped revitalize downtown after he relocated Quicken Loans to downtown from Livonia in 2010.

The 57-year-old was taken to a Detroit-area hospital Sunday by a friend after not feeling well, and he had the stroke while getting medical care, Quicken Loans CEO Jay Farner said in a statement Monday night.

His portfolio of real estate includes approximately 100 properties downtown, along the Detroit River, in Corktown and southwest Detroit, in Milwaukee Junction, Capitol Park and other areas. Last year alone, his team purchased more than 20 individual properties. Virtually every building touching Campus Martius Park, downtowns business epicenter, is owned by him.

Farner said Gilbert was immediately taken for a catheter-based procedure and then moved to recovery in an intensive care unit.

The graduate of Michigan State University and Wayne State University law school has also been working on splashy new developments on the former site of the J.L. Hudsons department store, the Monroe Blocks site, the former Wayne County Consolidated Jail site, the former Brewster-Douglass housing projects site and others.

“Dan is awake, responsive and resting comfortably,” Farner said. “Dan and his family are immensely grateful to the doctors and nurses whose early intervention is already paying dividends toward his recovery.”

He has worked on and donated money toward a host of important issues in the city ranging from blight removal to education, skilled trades to auto insurance reform. In addition, he was tasked with leading Detroits bid for Amazon.com Inc.s so-called HQ2, or second headquarters, in 2017.

Gilbert, who has owned the Cavs since 2005, founded Quicken Loans, the nations largest online mortgage lender. Farner said the company will update the public as additional details become known.

The billionaire owner of the NBA Cleveland Cavaliers and major investor in downtown Detroit real estate is just coming off a big political victory following the Legislatures passage Friday of major reforms to Michigans no-fault auto insurance law, which Gilbert had advocated for.

Gilbert has numerous business ventures in Michigan and Ohio, and Farner said those companies will continue to operate during his absence.

Gilbert was scheduled to speak early Wednesday afternoon at the Detroit Regional Chambers annual Mackinac Policy Conference at the Grand Hotel on Mackinac Island. Bill Emerson, vice chairman of Quicken Loans and Rock Holdings, will sub in for the discussion with Dennis Archer Jr.

“Thanks to the strong culture and leadership Dan has built and grown, business at the Rock Family of Companies will continue under the normal, everyday direction of their respective CEOs,” Farner said.

Gilbert and his wife, Jennifer, have been deeply involved in raising millions to fight neurofibromatosis, a rare genetic nerve disorder that afflicts their 23-year-old son, Nick. The younger Gilbert had surgery last year to remove a brain tumor. The Gilberts have five children.

A father of five, Gilbert has built a business empire while leading economic revivals in downtown Detroit and Cleveland.

Last week, Gilbert introduced new Cavs coach John Beilein during a news conference at the teams training facility in Independence, Ohio.

“Dan was not feeling well Sunday morning so he was taken to the hospital by a family friend. While under care at the hospital, he suffered a stroke and was immediately taken in for a catheter-based procedure, then moved to recovery in the Intensive Care Unit.

The Cavs have gone to five NBA Finals under Gilbert, who is the first Cleveland owner to win a major sports championship since 1964. He can be brash and impulsive, but Gilbert has been willing to spend — and pay exorbitant luxury tax penalties — to keep the Cavs competitive.

He fired coach Tyronn Lue after six games last season, and then parted ways with Larry Drew following a 19-63 season before hiring Beilein, the winningest coach in Michigan history.


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