Detroit
Friedman Real Estate Completes Office, Retail Leases in MI
Friedman Real Estate, a privately held full-service commercial real estate firm, recently closed on several transactions in Michigan. Friedman’s Andrew J. Bower,… Read more
Sanford Health MOBs Trade in Bemidji
Marcus & Millichap recently closed the sale of Sanford Health Clinic Portfolio, two neighboring medical buildings consisting of 74,700-square-feet, located… Read more
BWE Secures Financing for Midwest Affordable Housing Properties
BWE closed the three financings totaling over $31 million to finance three multifamily affordable housing properties, including two located in… Read more
Bedrock, Douglas Elliman Unveil Luxury Detroit Tower Condos
Bedrock, in collaboration with EDITION Hotels and Douglas Elliman, announced a new luxury residential project in the heart of Detroit.… Read more
Detroit, Chicago, Denver See Highest Risk for Maturing Multifamily Loans
Detroit, Chicago and Denver have the highest risk scores among the top 25 metro areas for maturing multifamily loans, Kroll… Read more
University of Michigan Plans Expansion at Former Kmart HQ Site
The University of Michigan Health system has purchased the site of the former Kmart headquarters in Troy with plans for… Read more
CushWake Arranges 85K-SF Industrial Lease in Ann Arbor
Cushman & Wakefield announced that Edge Autonomy Energy Systems has leased the 85,000-square-foot building at 5775 Interface Drive in Ann… Read more
Chicago, Midwest | Weekly People & Companies for March 29
JLL has promoted Michael Raphael to Chief Procurement Officer to lead procurement activities globally across the company and manage annual… Read more
NAI Farbman Closes Receivership Sales in Detroit, Ann Arbor
NAI Farbman, the brokerage arm of Midwest full-service commercial real estate company Farbman Group, has sold two properties as receivers… Read more
New Dunkin’ Store Coming to Downtown Detroit
Dunkin’ will open a new coffee and doughnuts shop in downtown Detroit, Michigan, in mid-April. The store is expected to… Read more
Return to Lender: Week of March 7, 2024
Waterfront at Port Chester ($133.5 million | MSBAM 2015-C22 & MSC 2015-MS1): The Port Chester, NY retail property was specially… Read more
Newmark Lands National Affordable Housing Team
Newmark Group, Inc. has hired the team formerly with Affordable Housing Advisors (AHA), a leading brokerage team and platform previously… Read more
Detroit Hits 100th Commercial Building Demo
As part of the city’s efforts to eliminate “blight” and improve communities, the Detroit Construction & Demolition Department has demolished its 100th… Read more
Farbman Sells Sportsmen’s Den Property in Michigan
Farbman Group closed the sale of 15001 Sibley Road, formerly the Sportsmen’s Den in Riverview, Michigan. Nanci Tarpley, sales and… Read more
BWE Secures $20M in Acquisition Financing for Michigan Apartments
BWE, a national commercial and multifamily mortgage banking company, has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment… Read more
Friedman to Manage New 1M-SF Criminal Justice Center in Detroit
Friedman Real Estate has been selected to partner with Wayne County’s Facilities Management and Planning division to manage the county’s… Read more
Farbman Group Announces Team Promotions, Five New Hires
Farbman Group has announced the promotion of two leaders, John Harwood and Robyn Bergstedt, and the addition of five new… Read more
JLL Secures $30M Financing for MF Portfolio in Michigan
JLL has secured the $30M financing for a two-property multi-housing portfolio in Michigan. The firm arranged the refinancing for the… Read more