Detroit

Marcus & Millichap Arranges Sale of 17K-SF MOB in Michigan
Marcus & Millichap closed the sale of McLaren Macomb-Gratiot Medical Building, a 17,333-square-...Read more
Return to Lender: Week of Sept. 5, 2024
Lowry Apartments in downtown St. Paul was sold for $7 million at a foreclosure auction to the owne...Read more
Crescent College Expands to New 66K-SF Facility in Michigan
OPEN Impact Real Estate (OPEN), a woman-owned commercial real estate services company, announced th...Read more
Return to Lender: Week of August 22, 2024
201 N. Charles St., an office property in downtown Baltimore, sold on August 15 for $3.1 million v...Read more
Dwight Mortgage Trust Provides $51M Bridge Loan for MI Apartments
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, closed a $51.3 million bridge refinanc...Read more
Return to Lender: Week of July 18, 2024
A 119-key boutique hotel in downtown Alpharetta, GA has returned to its lender, the Atlanta Busine...Read more
U.S. Multifamily Permits Down Nearly 30% from Pandemic Levels
Builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the ...Read more
Ford to Reopen Michigan Central Station After $950M Renovation
Michigan Central Station is set to open for the first time in decades following Ford Motor Company'...Read more
Historic Federal Building in Detroit Slated for Auction
A historic building owned by the federal government in Detroit is being auctioned off. The property...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...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 w...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 fundin...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...Read more
Sanford Health MOBs Trade in Bemidji
Marcus & Millichap recently closed the sale of Sanford Health Clinic Portfolio, two neighboring...Read more
BWE Secures Financing for Midwest Affordable Housing Properties
BWE closed the three financings totaling over $31 million to finance three multifamily affordable h...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 ...Read more
Bedrock, Douglas Elliman Unveil Luxury Detroit Tower Condos
Bedrock, in collaboration with EDITION Hotels and Douglas Elliman, announced a new luxury residenti...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...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 ...Read more