Michigan
Meijer to Open First Grocery Format Store in Indiana
Meijer announced will open its new 90,000-square-foot grocery format store in July at the Promenade of Noblesville at 5956 Promenade… Read more
Mid-America Real Estate Arranges Sale of Livonia Marketplace
Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Livonia Marketplace in Livonia, Michigan. The 52,730-square-foot retail… Read more
Chicago/Midwest People & Company News, week of May 20, 2024
JLL has elected Susan Gore as an independent, non-executive member of its Board of Directors. She will also serve on… Read more
3650 REIT, JP Morgan Chase Provide $62M Refi on Columbus Industrial
3650 REIT and JPMorgan Chase & Co. have originated a $62 million loan to refinance Columbus Business Park, a 2.2… Read more
Michigan Approves $52M for Three Detroit Affordable Housing Developments
The Michigan State Housing Development Authority (MSHDA) Board has approved $52.5 million in funding for three affordable housing developments in… Read more
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
Devon Self Storage Awarded Management of Six Facilities
Devon Self Storage, a member of The Inland Real Estate Group of Companies, Inc., has been awarded the property management contract… 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
Chicago, Midwest | Weekly People & Companies for April 26, 2024
KeyBank Real Estate Capital has appointed Patrick Kempton as the Midwest Regional production manager for a team focused on multifamily… Read more
New Burlington Store to Open at Oakland Plaza in Michigan
Burlington Stores, Inc., is set to open its first store in Troy. It plans to be located at Oakland Square,… 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
Chicago, Midwest | Weekly People & Companies for April 19, 2024
The Chicago Bears have added two high-profile two legal hires amid the team’s push for a new stadium. Andrea Zopp… Read more
Wintrust to Acquire Macatawa Bank for $510M
Wintrust Financial Corporation and Holland, MI-based Macatawa Bank Corporation have entered into a definitive merger agreement for Wintrust to acquire… Read more
Cypress Partners Begins Pre-Leasing at Luxury Apartments in MI
Forum Flats, a new luxury apartment complex developed by a joint venture between two Michigan-owned and operated companies, Cypress Partners… 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
Maverick Finances Three Industrial Buildings in MI
Maverick Commercial Mortgage, Inc. has funded a first mortgage loan for $9 million with a repeat borrower based in Bethesda,… Read more
Chicago, Midwest | Weekly People & Companies for April 5
AXSYS Capital has appointed Marc Fiedler as Director of Acquisitions and Asset Management. Fiedler will focus on the sourcing, underwriting,… Read more
Gen Z Will Spend $145,000 on Rent by Age 30
The upper edge of the Gen Z age cohort (those born between 1997 and 2012) has entered adulthood and the… Read more