Michigan

A long recovery? Study finds 24% of business owners ready to reduce or eliminate their office space during next five years

Expect the office sector's struggles to continue for the next five years … at least. That's the sobering news from a new study from Clarify…

District Capital closes $2.8 million loan for Michigan office property

Dave Dismondy with District Capital closed a $2.8 million loan on a 20,000-square-foot office property in Michigan. The correspondent life insurance company cash-out loan was…

Gerdom Realty & Investment helps alterations company find new home in South Lyon

World Custom Alterations will be moving from Northville to downtown South Lyon, Michigan, and has secured a 1,500-square-foot space on West Lake Street just west…

Michigan’s Farbman Group names VP, director of property management

Southfield, Michigan-based Farbman Group promoted Jordan Valasek to vice president, director of property management. In his new role, Valasek will be responsible for the daily…

Gerdom Realty & Investment brings Michigan shopping center to full occupancy

The Gerdom Realty & Investment team of Tjader Gerdom and Mike Murphy represented the landlord in leasing 1,230 square feet at Fenton Hill Plaza in…

Michigan’s Lee Industrial Contracting names chief financial officer

Pontiac, Michigan-based Lee Industrial Contracting appointed Robert Briggs as chief financial officer. Briggs will oversee all financial functions at the Pontiac, Michigan-based industrial contracting firm,…

Cushman & Wakefield closes 85,000-square-foot lease in Ann Arbor

Cushman & Wakefield closed an 85,000-square-foot lease for Edge Autonomy Energy Systems at 5775 Interface Drive in Ann Arbor, Michigan, in an expansion of its…

Gen Zers? They spend more than $140,000 on rent by the time they hit their 30s

By the time they hit age 30, the average member of Generation Z will have spent $145,000 on apartment rent.

Bernard Financial Group closes $4.8 million loan for for Southfield multifamily property

Bernard Financial Group closed a $4.8 million permanent life insurance company loan for a 129-unit multifamily property in Southfield, Michigan. The borrower is Claymoor Properties…

Avoiding the day-two downfall: Five ways to set up a project for success

There are a tremendous number of complexities to erecting the buildings that make up our skylines. Whether a property is a new build or a…

Michigan

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