Detroit
Where to Find Some of the Best Opportunity Zone Opportunities
A widespread group of mostly-impoverished, densely-packed urban neighborhoods offers some of the best potential for Opportunity Zone investment, according to… Read more
Kofi Bonner Will Step into CEO Role at Bedrock Detroit
Kofi Bonner, former Cleveland Browns chief administrative officer and a leader behind some of California’s most notable recent coastal developments,… Read more
Chicago Tops Midwest List for Tech Startups
Chicago once again topped the ranking of the best Midwest cities for startups, according to a new report from locally based venture… Read more
2020 Next Generation Honoree: Berkadia’s Jason Krug Makes Significant Impact Across Michigan
Jason Krug’s work has had a significant impact on the multifamily real estate landscape in Detroit and across Michigan. With… Read more
CBRE Tapped to Lease Co-Working Space in Detroit
CBRE has been retained by Venture X to lease a 22,000-square-foot co-working facility at 220 W. Congress in Detroit. Brendan… Read more
Amazon Expands Office Footprint, Investing $1.4B in 6 U.S. Cities
Seattle-based Amazon plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company… Read more
Amazon Launches Neighborhood Health Centers Pilot with Crossover
Seattle-based Amazon.com Inc. unveiled a health care pilot with Crossover Health to establish local, convenient health centers near Amazon fulfillment… Read more
Seattle-Area Renters Say Making July Payment Problematic
The latest Household Pulse Survey by the U.S. Census Bureau reveals that nearly one in five renters in the Seattle… Read more
Bedrock Expands Tenant Relief Program in Downtown Detroit
As Michigan businesses begin to reopen, Detroit commercial landlord Bedrock is rolling out Bedrock Relaunch, which will offer enhancements to… Read more
Knighthead Provides $37M on Mich. Multifamily Projects
Knighthead Funding LLC has originated separate loans totaling $37.3 million for the development of three multifamily projects in Michigan. All three… Read more
Berkadia Closes $40M Sale of Grand Rapids Apartments
Berkadia arranged the $40-million-plus sale of a two-property multifamily portfolio in Grand Rapids, MI, totaling almost 400 units. The firm’s Detroit-based… Read more
Marcus & Millichap’s Weinstock to Lead Self-Storage Platform
Steven D. Weinstock has been named national director of Marcus & Millichap’s Self Storage Division. The division provides commercial real… Read more
UAW, GM Hire CBRE to Sell 420K-SF Detroit Offices
CBRE has been retained by a joint venture of the United Auto Workers and General Motors to list and sell… Read more
Related’s Stephen Ross Makes $100M Gift to Detroit Innovation Center
Stephen M. Ross, chairman of Related Cos. and alumnus of the University of Michigan, will make a $100-million philanthropic gift… Read more
A Guide to Midwestern Apartment Markets
By Paul Bubny Among Midwestern metro areas, only Minneapolis/St. Paul figures in the top 10 of Marcus & Millichap’s National… Read more
Report: Home Prices Increased 5% in November Amid Decline in Inventory
U.S. home sale prices increased 5.2% year-over-year in November to a median of $311,600, according to a new report from… Read more
Hunt Secures Refi of Detroit Apartment Portfolio
Hunt Real Estate Capital provided a 10-year, fixed-rate Fannie Mae DUS conventional multifamily loan of $7.5 million to refinance a multifamily… Read more
Iconic Southern Rock Studio Reopens in Georgia
Capricorn Sound Studios in Macon, which helped propel the Allman Brothers Band, Otis Redding and other groups to worldwide prominence,… Read more
SRS Arranges $30M Deal for Indiana Retail
A Detroit-based SRS Real Estate Partners team completed the $30 million sale of Jefferson Town Center West, a newly developed,… Read more