Michigan
Landmark, Manulife Team on Housing Near U. of Michigan Campus
Landmark Properties has partnered with Manulife Investment Management to construct The Metropolitan on South U, a 259-unit student housing community… Read more
Simon Calls Off $3.6B Deal for Taubman Centers
Simon Property Group said Wednesday it had terminated its Feb. 9 merger agreement with Taubman Centers Inc. and had filed suit… 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
Simon Acquiring Taubman Centers in $3.6B Deal
Simon Property Group, the nation’s largest mall operator, has agreed to acquire Taubman Centers Inc. in an all-cash deal valued… Read more
CMBS Loans Go to Michigan Select Service Portfolio
SVP Francisco Nacorda of Mag Mile Capital completed $23,650,000 in CMBS loans for three hotels as part of a Michigan select service… Read more
Hunt Provides Freddie Mac Loans on Michigan Apartments
Hunt Real Estate Capital provided two Freddie Mac conventional loans totaling $18.3 million to refinance two multifamily properties located in Michigan for the same sponsor,… Read more
IRR Expands Michigan Presence, Acquires Genzink Appraisal
Integra Realty Resources (IRR) is expanding its Michigan footprint, acquiring Grand Rapids, MI-based Genzink Appraisal Company. The valuation and consulting… Read more
Harrison Street, MSU to Partner on Research Hub
Harrison Street Social Infrastructure Fund formed a partnership with Michigan State University (MSU) to develop the 205,659-square-foot Doug Meijer Medical Innovation Building… Read more
Innovation Campus Coming to Downtown Detroit
State, local and county officials joined Related Companies chairman Stephen M. Ross, CEO Matt Cullen of Bedrock and University of Michigan (U-M)… Read more
ESPN, Under Armour, LISC to Help Turn Vacant Spaces into Recreation Areas
ESPN, in collaboration with Under Armour and Local Initiatives Support Corporation (LISC) has announced a new initiative to award grants… Read more
Corvias Partnership with Wayne State U. Means New Student Housing
A partnership between Wayne State University and Corvias completed the Anthony Wayne Drive Apartments at Wayne State in Detroit. Through this $307.5-million… Read more
Detroit Gov’t. Signs for 99K SF in SOMA Project
The City of Detroit signed a long-term lease for 98,615 square feet at the two existing office buildings at 100… Read more
PE Firm KSL Acquires Mackinac Island’s Grand Hotel
Private equity firm KSL Capital Partners will acquire the historic Grand Hotel on Michigan’s Mackinac Island from the Musser family,… Read more
Savills Bolsters Detroit Presence with Key Hires
Savills has launched its new Detroit office, and brought in Gregory Bockart, Jr. as executive managing director and Peter McGrath… Read more
Bluewater Will Make New Home at Novi BTS
CBRE recently represented Bluewater Technology in a 90,000-square-foot lease at a new built-to-suit facility at 45833 Twelve Mile Rd. in… Read more
Integris Makes Further Inroads into Michigan
Integris Ventures has purchased the Earhart Corporate Center, a 198,624-square-foot, Class A corporate headquarters office building in Ann Arbor, MI,… Read more
VICI Finalizes $1B Acquisition of Detroit’s Greektown Casino-Hotel
New York-based VICI Properties Inc. completed the previously-disclosed acquisition of the Greektown Casino-Hotel in downtown Detroit from Dan Gilbert’s Jack… Read more
Morning Calm Claims 9-Property MW Industrial Portfolio
Boca Raton, FL-based Morning Calm Management acquired a nine-property industrial portfolio in Metro Detroit from Promanas Group for $83.7 million.… Read more
Catylist Partners with Moody’s on Marketplace for National CRE Listings
Ann Arbor, MI-based Catylist launched Commercial Exchange, a national commercial real estate marketplace. The new service has sale and lease… Read more