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                                                                  EXHIBIT 23(b)


                           CONSENT OF TAX ADVISORS



        We consent to the inclusion of our opinion on the ability of D&N
Capital Corporation to qualify as a real estate investment trust for federal
income tax purposes, dated June 26, 1997, as an exhibit to this Registration
Statement on Form S-11 and to the reference to our firm under the heading
"Certain Legal Matters" in the Prospectus included in this Form S-11. In giving
this Consent, we do not admit that we are within the category of persons whose
consent is required under Section 7 of the Securities Act of 1933, as amended,
or the rules and regulations of the Securities and Exchange Commission
thereunder.



                                                Coopers & Lybrand L.L.P.


   
Detroit, Michigan
July 10, 1997