Detroit
Five Design Elements to Help Promote Sustainability
Net zero carbon objectives are driving many things, including the commercial real estate industry. ...Read more
UTHealth Houston Begins Work on 10-Story, $300M Research Facility
The Houston Business Journal reported UTHealth has started work on a 10-story, 350,000-square-foot ...Read more
The Herrick Company Acquires $150M HQ Building in Downtown Detroit
Norton Herrick, Chairman of The Herrick Company, Inc., a leading national real estate investment fi...Read more
Metro Detroit Industrial Recapitalized for $125M
JLL Capital Markets recently completed the $125-million recapitalization of Gateway Industrial Cent...Read more
Senior Care Center Starts Construction in Ft. Worth
Detroit-based Build Senior Living plans to begin construction on its first Fort Worth care facility...Read more
Bedrock Set to Introduce New Chapter for Detroit’s Book Tower
Following a $300-million-plus historic restoration, Bedrock is preparing to unveil downtown Detroit...Read more
DRA, Burton Katzam Enter $240M JV on Midwest Light Industrial
Newmark has arranged a $240-million joint venture between Burton Katzman and DRA Advisors to rec...Read more
Bay Area Economies Among Most Vulnerable to Climate Change
San Francisco is the most vulnerable city to economic disaster from climate change in the United St...Read more
Transwestern Puts Mike Salmen in Charge of Midwest Capital Markets
Transwestern Real Estate Services has charged industry veteran Mike Salmen with service delivery s...Read more
MMCC Arranges Acquisition Loan for Detroit-Area Fresh Thyme Market
Marcus & Millichap Capital Corporation (MMCC) arranged a $4,755,000 loan for the purchase of&nb...Read more
St. Louis, Other Metro Areas Rank High as Multifamily Markets to Watch—for Distress
Trepp has identified the St. Louis metro area as the number one multifamily market to watch in 2023...Read more
CBRE Hotels Capital Markets Institutional Group Arranges $514M Sale of 65-Hotel Portfolio
Atlanta, GA-based CBRE Hotels Capital Markets Institutional Group has arranged the sale of a 65-pro...Read moreService Properties Trust Sells 65-Property Sonesta Hotel Portfolio for $514M
Newton, MA-based Service Properties Trust has sold a 65-property, 7,865-key hotel portfolio located...Read more
Bedrock Acquires Hotel on Detroit’s East Riverfront
Bedrock has closed on its acquisition of the Roberts Riverwalk Hotel located at 1000 River Pl. in D...Read more
SVN | SFR Forms Joint Venture to Acquire, Operate Single-Family Rentals
Build-for-rent commercial real estate investment firm SVN | SFR Capital Management, headquartered i...Read more
Reclaimed Furniture Maker to Open First Downtown Detroit Showroom
Detroit’s Woodward Throwbacks will open its first showroom in Downtown Detroit, Throwbacks Home, ...Read more
Matthews Real Estate Arranges Buy of Dearborn Home Depot
Matthews Real Estate Investment Services completed the $13,043,916 acquisition of a Home Depot. Loc...Read more
Tenneco Poised to Shift Headquarters from Chicago Area to Suburban Detroit
Lake Forest, IL-based auto parts supplier Tenneco plans to relocate its headquarters to Northville,...Read more
Friedman Brokers $6M Sale of Detroit-Area Multifamily
Friedman Real Estate recently sold Georgetown Manor Apartments in the Detroit suburb of Chesterfiel...Read more