Michigan
Berkadia Arranges Loans on Michigan Apartment Trio
Berkadia arranged $75.13 million in combined financing for three garden-style multifamily properties in Michigan: Dearborn View in Inkster, Bedford Square in… Read more
CBRE Markets 600 Randolph in Detroit’s CBD
CBRE is bringing 600 Randolph St. back to the downtown Detroit market. The 235,771-square-foot building and an adjacent-0.80-acre parking lot… Read more
Red Oak Financial Names Dallas-Based Regional Manager
Red Oak Financial, a Michigan-based commercial real estate finance company, added Nicolas “Nick” Jans to the firm’s growing team. He… Read more
Baker College Plans Metro Detroit Campus
Baker College, Michigan’s largest, private not-for-profit college, is building a metro Detroit campus in downtown Royal Oak. The planned 86,000-square-foot, seven-story Baker College Royal Oak campus… Read more
Red Oak Financial Provides $3M Acquisition Loan for Metro D.C. Apartments
Michigan-based commercial real estate finance company Red Oak Financial has provided a $2.8 million loan for Hunt Manor, a 15-unit… Read more
Amazon Will Add Five Sites in Metro Detroit
Amazon said Monday it would develop five new buildings in the Detroit area to support operations closer to customers. The… Read more
Red Oak Funds Bridge Loan on Detroit’s UAW-GM Center
Red Oak Financial, a Michigan-based commercial real estate finance company, funded a loan to Moceri Companies and 400 Monroe Associates… Read more
Moody’s Acquires Proptech Firm Catylist
Moody’s Corporation has acquired Catylist, Inc., a provider of commercial real estate solutions for brokers. The acquisition substantially enhances Moody’s… Read more
Simon Completes Taubman Centers Acquisition
Simon Property Group completed its $3.4-billion acquisition of an 80% ownership interest in the Taubman Realty Group Limited Partnership (TRG).… Read more
InSite Lines Up Financing on 1M-SF BTS in Michigan
Associated Bank completed financing on behalf of InSite Real Estate LLC for the land acquisition and construction of an industrial… Read more
Huntington, TCF Agree to $22B Merger
Huntington Bancshares Incorporated and TCF Financial Corporation agreed to an all-stock merger with a total market value of approximately $22… Read more
U.S. Jobless Claims Rise Amid Coronavirus Resurgence
The number of people filing initial jobless claims in the U.S. reversed course last week from a pattern it had… Read more
IPA Closes Sale of Two Kroger-Anchored Centers
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of two Kroger-anchored shopping centers. The triple-net-leased properties are West… Read more
Lawyers in Real Estate 2020: AJT Law’s Aisha Thomas
For nearly 20 years, Aisha Thomas of AJT Law has worked tirelessly developed her array of skills to ensure that… Read more
Simon, Taubman Reach Revised Agreement on Merger
Simon Property Group and Taubman Centers said Sunday that they’d reached a revised merger agreement that would see Simon paying… Read more
Landmarked Detroit Hotel Goes Up for Sale
Newmark is marketing the sale of the Roberts Riverwalk Hotel, located at 1000 River Place Dr. in Detroit. Senior managing… Read more
New U.S. Jobless Claims Fall to Lowest Level Since Pandemic Started
The number of American’s filing initial claims for unemployment dropped to 709,000 in the week ending November 7th. The Labor… Read more
UAW-GM Center Finds Buyer in Detroit
CBRE recently represented a joint venture between the United Auto Workers and General Motors in the sale of the approximately… Read more
Perrigo Chooses Grand Rapids for North American Base
Global self-care provider Perrigo Company will establish its new North American corporate headquarters in downtown Grand Rapids, MI. The 63,550-square-foot… Read more