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Subject: Healthwatch: Cleveland Cavaliers owner Dan Gilbert

Hospitalized after a likely stroke
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Date Posted: Monday, May 27, 12:20:17pm

Cleveland Cavaliers owner Dan Gilbert, 57, was hospitalized early on Sunday after suffering from what were described as stroke-like symptoms.

Press reports say that Gilbert, founder and chairman of Quicken Loans, was admitted to the Royal Oak Beaumont Hospital in suburban Detroit.

"He received immediate medical attention and is currently recovering comfortably," according to a statement released by Quicken Loans.

Beyond that few details are available about Gilbert's condition or prognosis and his family has requested privacy.

Gilbert has been keeping a busy schedule. On Tuesday morning, he introduced new Cavs head coach John Beilein at a press conference, and the Detroit News reported that he was set to speak at the Detroit Regional Chamber's Mackinac Policy Conference on Wednesday. His hospitalization comes 30 days before one of his companies, Rocket Mortgage, is set to host the first PGA Tour event in Detroit. It had also been just days since he launched an auto insurance ballot initiative in Michigan.

Gilbert's Quicken Loans is the largest mortgage lender in the United States. In addition to founding that company, he is also the founder and chairman of the Rock Family of Companies, a "portfolio of technology businesses and real estate investments," according to his biography on the Quicken Loans website. He moved the headquarters of his various businesses to the central business district of Detroit to support revitalization efforts there.

He has also been a key figure in revitalizing downtown Cleveland. He is the chairman of JACK Entertainment which, in 2012, opened the JACK Cleveland Casino in the former Higbee's department store building on Public Square.


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