Local Stock Market 📈 

Owens Corning | $OC ( ▲ 0.87% ) 

Dana Incorporated | $DAN ( ▲ 5.95% ) 

The Andersons | $ANDE ( ▲ 1.57% ) 

Owens Illinois | $OI ( ▲ 1.2% )

Welltower Inc. | $WELL ( ▲ 1.13% ) 

Marathon Petroleum Corporation | $MPC ( ▲ 2.94% ) 

Cooper Tire & Rubber Company | $CTB ( ▼ 0.05% ) 

Toledo Tech Loft | Innovation Meets Elevation

Downtown Toledo’s Toledo Tech Loft isn’t just another coworking space—it’s the beating heart of the city’s growing tech scene. Founded on the belief that tech isn’t just about jobs but about breaking cycles and building futures, the Loft is a hub for learning, collaboration, and career growth. 🧑‍💻 

With key partnerships—like locally owned WynHouse Software and Nemsys—this space connects local talent with real opportunities. Whether you’re here for a shared workspace, meeting rooms, sponsorships, or the podcast studio, the Loft is where Toledo’s tech community comes to grow. Expansion is on the horizon, and the future of Toledo tech starts here. 🚀

The Toledo Tech Loft is preparing to kick off a round of fundraising to expand operations. Please reach out to, Chris Eischen if there is interest.

The End of an Era

Your grandma’s go-to craft haven is unraveling. Joann Fabrics is shutting down all 880 stores across 49 states, with closures starting in Q2 2025. After filing for bankruptcy twice in the past year, the Ohio-based retailer couldn’t patch up its finances against shifting shopping trends and mounting debt.

The silver lining? Massive closeout sales are here. If you need fabric, yarn, or crafting supplies, now’s the time to stock up—before Joann is stitched into history. 🫡 

FYI local entrepreneurs looking for an expanded store front, you can bid for leasing rights to the two Toledo locations through Joann’s real estate brokers.

Money Confessional | DINK Couple from the East Coast Settles in Ottawa Hills

Age: Mid-to-late 40s. We’ve built solid careers and are now reaping the benefits of strategic financial moves.

Children: No kids, and that’s by design. Our financial stressors revolve around maximizing investments, not daycare costs.

Living Situation: We own a home in Ottawa Hills. Coming from the East Coast, the cost of housing here is a steal, and we prioritized a neighborhood with strong property value retention.

Job: One of us is in finance (investment banking/private equity), the other in healthcare administration.

Salary: $300K combined—one of us earns $170K with an annual bonus, the other $130K with performance incentives.

Salary Journey: Started in the six-figure range on the East Coast, but real income power increased with the move to Toledo. Cost of living savings have effectively boosted our net worth faster than if we had stayed in a high-cost metro.

Best/Worst Recurring Expense:

• Best: Gym and sauna membership—$120/month for mental and physical well-being.

• Worst: HOA fees—$400/month for things we don’t really use.

Splurge: Travel. First-class flights and high-end hotels for international trips. We believe in living well now while still securing the future.

Toledo Restaurant: Mancy’s Steakhouse—get the bone-in ribeye and a great bottle of wine.

Total Net Worth: ~$2M, mostly from disciplined investing, salary savings, and real estate appreciation. Key lesson: control lifestyle inflation and invest early.

Personal Financial Freedom: $5M would make us feel 100% financially independent—enough to cover expenses indefinitely while continuing to invest.

Retirement: Goal is early retirement in our 50s, with $7-10M in assets. We’d still work on passion projects but without financial pressure.

Toledo Wealthy: Around $1.5M-$2M in liquid assets or $300K+ annual income. At that level, you’re living comfortably with financial security, frequent travel, and the ability to invest in passion projects or philanthropic efforts.

Philanthropy: We’re focused on giving back to Toledo through initiatives that align with our interests in real estate, economic development, and healthcare access. We actively support:

• Downtown Revitalization Efforts – Donating to and investing in programs aimed at restoring historic buildings and expanding affordable housing.

• Local Entrepreneurship – Providing seed funding and mentorship through Toledo’s startup and small business incubators.

• Healthcare Accessibility – Supporting ProMedica’s initiatives for underserved communities and donating to local clinics.

• Arts & Culture – Sponsoring Toledo Museum of Art events and funding community programs that promote creativity in underprivileged schools.

• Education - Supporting athletic expansion and liberal arts through Lourdes University. The campus is gorgeous and so are the folks running the place.

Knowledge: Learned from trial and error, plus books like The Millionaire Next Door, Rich Dad Poor Dad, and real estate networking groups. Also, having mentors in private equity and real estate investment circles has been invaluable.