Michigan
Red Oak Capital Brings in Tom McGovern as CFO
Michigan-based Red Oak Capital Holdings named Thomas A. McGovern as CFO. He brings two decades as an investment banker and… Read more
MJW Sells Michigan State Student Housing Portfolio
Los Angeles-based MJW Investments has announced the disposition of three student housing properties at Michigan State University, generating a 2.4x… Read more
Merchants Capital Completes $214M CMBS Deal via Freddie Mac Q-Series
Merchants Capital (MCC) and Merchants Bank of Indiana completed a $214-million CMBS securitization of 14 multifamily mortgage loans secured by 24 mortgaged… Read more
$150M Lafayette West Development Will Transform Detroit’s Historic Lafayette Park
Dignitaries joined Detroit developer Mark Bennett Tuesday for a ceremonial groundbreaking on Lafayette West, a 318-unit, condominium and apartment community… Read more
KIRCO Completes $50M Ann Arbor Wacker Chemical Regional HQ
Commercial real estate developer KIRCO is announcing the development and construction completion of Wacker Chemical Corporation’s new Innovation Center and… Read more
Detroit Design Firm Pophouse Unveils Dan Gilbert’s Rock Ventures New Headquarters
Detroit-based design studio Pophouse today unveiled what it says is a first-of-its-kind office space in Detroit which will house the… Read more
Suburban Chicago Apartment Portfolio Could Fetch $360M
Deerfield, IL-based Orion Residential has hired JLL to sell a 1,717-unit apartment portfolio in Chicago’s suburbs, Crain’s Chicago Business reported.… Read more
Michigan’s Lineage Logistics in Major Automated Cold Storage New Build
Lineage Logistics, LLC, the world’s largest temperature-controlled industrial REIT and logistics solutions provider, has built what it calls a “next-generation”… Read more
Greystone in $12M Michigan Multifamily Refinance
Commercial real estate finance concern Greystone has provided a $12.35 million Fannie Mae Delegated Underwriting and Servicing, DUS, loan to… Read more
Atwell’s Dallas Office Promotes Jeff Green To Project Manager
The Atwell Group has promoted Jeff Green to Project Manager in the firm’s Real Estate and Land Development group in… Read more
Atwell’s Austin Office Promotes Larry Cole to Project Manager
The Austin office of Atwell, a national consulting, design, engineering and construction services firm based in Michigan, has promoted Larry… Read more
Red Oak Names 25-Year CRE Finance Veteran as President, COO
Grand Rapids, MI-based commercial real estate finance company Red Oak has named Paul Cleary as president and COO. Cleary brings… Read more
Boulder Group in $4.1M Michigan Sale
Net leased investment brokerage firm The Boulder Group completed the sale of a single tenant Firestone located at 25 Indianwood… Read more
CBRE Arranges Southfield, MI Office Building Sale
A 108,634-square-foot office building at 26600 Telegraph Road in Southfield, MI has been sold, according to CBRE, which arranged the… Read more
Trammell Crow Appoints New SVP for Midwest Office
The Midwest office of developer Trammell Crow said that Josh Udelhofen has joined the firm as a Senior Vice President.,… Read more
19 Unit Chicago Apartment Building Changes Hands
Marcus & Millichap announced today the sale of 6820 South Perry Avenue, a 19-unit apartment property located in Chicago, IL. Joseph Powers, regional… Read more
Private Buyer Buys Destination Shopping Center Near Grand Rapids
A top regional “destination” shopping center near Grand Rapids has been sold to a Southeast-based private buyer, JLL Capital Markets reports.… Read more
GSH Snaps Up Two Detroit-Area Apartment Properties for $200M
The GSH Group recently purchased two multifamily communities in the Greater Detroit area. Both were acquired from the same seller, with a combined… Read more
PGIM Real Estate Lines Up $534M on Detroit Workforce Housing
PGIM Real Estate recently arranged $534 million in Freddie Mac financing for a 15-property Detroit workforce housing portfolio. The deal… Read more