AFB Investments acquires and transforms commercial properties across Southeast Michigan, generating career opportunities and strengthening local communities.
We are committed to acquiring and remodeling commercial real estate properties in Southeast Michigan — creating career opportunities, improving local markets, and partnering with Michigan-based vendors.
Properties valued between $500K–$25M with high growth potential in key Michigan markets, with a heavy focus on the Woodward Ave corridor.
Every project generates local jobs and utilizes Michigan-based businesses and vendors.
Partnered with AFB Hospitality Group from 2012–2024 for premier dining and nightlife management.
A curated portfolio of commercial properties transforming Southeast Michigan's real estate landscape.
14,500 sq ft. Housing Einstein Brothers Bagels and The J.
3,702 sq ft. Housing AFB Investments and AFB Hospitality Group.
9,393 sq ft. Expanded venue with full-service kitchen, multiple bars, and private dining. Former Bistro 82 and Sabrage.
7,750 sq ft. Purchased in 2015. Leased to The Morrie until 2024. Leased to Blind Owl in 2024.
3,980 sq ft. Purchased in 2026. Two levels. Available for lease. West side of Woodward Ave, north of 13 Mile Rd.
12,500 sq ft. Purchased in 2026. Single level. Available for lease. East side of Woodward Ave, south of 14 Mile Rd.
2,450 sq ft. Purchased in 2026. Single level. Available for lease. East side of Woodward Ave, south of 14 Mile Rd.
A proven approach to identifying, acquiring, and transforming commercial real estate.
We source high-potential commercial properties in Southeast Michigan's key growth corridors.
Strategic acquisitions of properties valued between $500K and $25M with clear upside potential.
Complete remodeling and infrastructure development using Michigan-based vendors and contractors.
Ongoing management creating career opportunities and long-term value for the community.
Experienced professionals committed to Michigan's real estate growth.
Licensed Michigan real estate agent specializing in hospitality, development, and investments.
CPA with 25+ years of accounting experience ensuring financial excellence across our portfolio.
Founder of MacDonald Law, P.C., specializing in business, liquor licensing, and real estate law.
30+ years of experience in property maintenance and care.
Aaron F. Belen is the Principal of both AFB Investments LLC and AFB Hospitality Group LLC. Belen is an entrepreneur with a focus on hospitality, real estate development, and investments. He brings 21 years of experience to this arena. A licensed real estate agent in Michigan, Belen is currently managing eight real estate assets and expanding regularly. His restaurants and nightclubs have generated over $50M in revenue over the last eight years. He has an expertise in discovering and molding talent. His businesses have employed over 2,000 full and part-time associates since inception. He is a member of Franklin Hills Country Club, Pine Lake Country Club, as well as an active member of both The Friendship Circle and the Sheriff's Advisory Council. He is the recipient of the 2015 Business Person of the Year from the Royal Oak Chamber of Commerce. Additionally, he was named Crain's Detroit Business 40 Under 40: 2015 and 30 in Their Thirties 2014 from dbusiness Detroit. Belen attended the Cranbrook Educational Community in Bloomfield Hills, Michigan and graduated from the Barney Business School at the University of Hartford. He currently resides in Bloomfield Hills, Michigan.
Whether you're exploring investment opportunities or seeking a strategic partner, we'd love to hear from you.
30574 Woodward Ave
Royal Oak, MI 48073
Monday – Friday: 9AM – 5PM