Michigan
Berkadia Arranges Sale of Student Housing Near WMU
Berkadia has arranged the $19-million sale of 700 SoHo, a student housing complex near Western Michigan University in Kalamazoo, MI.… Read more
Report: Renter Unaffordability Remains Rampant
Apartment List’s recently released 2018 Cost Burden Report offered good news and bad news. First, the good news: Nationally, the… Read more
Cadillac’s Ride from Detroit to SoHo and Back Again
In late September 2014, General Motors announced that Cadillac, long a symbol of Detroit luxury-car know-how, would be established as… Read more
“Ann Arbor Icon” Now Has Ann Arbor Owner
Oxford Companies has acquired 777 E. Eisenhower Pkwy. in its hometown of Ann Arbor, MI. The 10-story, 290,000-square-foot building is… Read more
Seniors Operator Adds Prospect Heights Facility
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, has bought out its joint venture partner… Read more
HUD Loan Makes Lansing Developer’s 10-Year Dream a Reality
Greystone has provided a $17-million HUD-insured loan for a 145-unit apartment community to be built blocks from the Michigan state… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
Clear Height Adds Property Manager, 2 More
Clear Height Properties has added three new team members. Joining the rapidly expanding firm are property manager Monika Cepaitis (pictured),… Read more
Beaumont Plans 30 Detroit-Area Urgent Care Centers
Beaumont Health is partnering with Atlanta-based WellStreet Urgent Care to open up to 30 urgent care centers throughout the Detroit… Read more
The Best and Worst Cities to Raise a Family
On average, Americans move 11.4 times in a lifetime. When it’s time to raise a family, the move only gets… Read more
New Unemployment Claims Fall to Near 49-Year Low in U.S.
The Labor Department reported that initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 203,000 for the… Read more
Mid-America Secures Aldi Lease for Livonia Redevelopment
The former site of a Chi-Chi’s in Livonia, MI will soon house an Aldi supermarket and a multi-tenant retail building.… Read more
CBRE Arranges Deal for Traverse City’s Hotel Indigo
CBRE has arranged the sale of the 107-key Hotel Indigo Parkway, Traverse City, MI, one of Michigan’s most popular tourist… Read more
Lear Opens New Automotive Supply Plant in Flint
Automotive supplier Lear Corporation recently celebrated the grand opening of a new seating facility in Flint, MI. The facility, the… Read more
480 Acres of Freeway Frontage Land Up for Sale in Williams, AZ
A 480-acre land parcel in Williams, AZ is on the market after the developer of a proposed theme park backed… Read more
Austin: America’s Biggest Boomtown
Huge population and housing growth. Great median wages. Increase in jobs, decrease in unemployment. All of these factors led the… Read more
CMBS Refi for Lightstone Apts. in Detroit Area
Lightstone said Thursday that it had closed on refinancing for five multifamily rental properties in the Detroit area. The $80-million… Read more
RED Capital Does $245M in Q2 Deals
RED Capital Group, based in Columbus, OH, closed $245.27 million in transactions during the second quarter of 2018. The firm’s… Read more
Gilbert’s Bedrock Plans $300M, Resi MXU in Detroit
Bedrock LLC revealed plans for a $300-million residential MXU development on 22 acres of the former Brewster-Douglass housing projects outside… Read more