Walker & Dunlop expands into Grand Rapids
Walker & Dunlop, Inc. has expanded its footprint into Grand Rapids, Michigan, with the addition of Matt Jones as managing director. Jones will join Todd Stofflet, Jason Stevens and the…
Michigan
Detroit’s Bedrock names its first chief technology officer
Bedrock, Detroit’s largest real estate developer, today announced that Michael Osment will join the firm as the first chief technology officer, effective immediately. Osment will…
Friedman Real Estate sells 10 apartment buildings in Detroit market
Peter Jankowski of Friedman Real Estate recently sold a portfolio of multifamily properties in Detroit, Michigan. Located along Cabot Street and Carson Street at Vernor…
The good industrial news keeps coming: Newmark report says industrial activity soaring in Detroit
Absorption in the industrial market hit a four-year high in the Detroit market last year, according to the fourth quarter 2021 industrial report released by…
Hinman Company buys 50,000-square-foot commercial building in Northwest Indiana
The Hinman Company has acquired the former Manatron, Inc. building, at 510 E. Milham Ave. in Portage, Michigan. This is Hinman’s second acquisition in Portage…
District Capital provides financing for 308-unit apartment community in Michigan
Mike Lemon with District Capital arranged 95 percent of the capital stack on the acquisition of a 308-unit apartment community in Ypsilanti, Michigan. The debt…
Omicron keeps office market in limbo
Companies' plans to bring employees back to the office have been scuttled once again thanks to the rapid spread of the Omicron variant. This leaves…
District Capital closes cash-out refi loan for suburban Detroit apartments
David Dismondy with District Capital recently arranged a cash-out refinance loan of $5.7 million for multifamily apartment building in suburban Detroit. The loan, a full-term…
Bedrock acquires 420,000-square-foot multi-purpose development in Detroit
Bedrock has acquired “The ICON," a 420,000-square-foot multi-purpose development at 200 Walker St., which was formerly home to the UAW-GM training center. This newest acquisition…
Friedman Real Estate sells 280-unit apartment complex in Lansing
Peter Jankowski of Friedman Real Estate recently sold Park Place Manor Apartments at a sale price of $9.64 million. Located in Lansing, Michigan, the community…