Michigan

Bernard Financial Group closes $35 million loan for mixed-use portfolio in Ann Arbor

Bernard Financial Group closed a $35.75 million CMBS loan for a 428,667-square-foot mixed-use portfolio in Ann Arbor, Michigan. The borrowing entity is Blackbird Ann Arbor…

Michigan’s Green Oak Village Place adds three new tenants

Brighton, Michigan-based Green Oak Village Place, a retail lifestyle center, is welcoming three new tenants to its list of stores: Dollar Tree, X-Golf and Patient…

The new trend: Apartment rent growth has stalled across the country

Monthly apartment rents are falling in the Detroit metropolitan area, for both one- and two-bedroom apartment units, according to the latest research from Zumper.

Michigan’s Farbman Group adds four to staff

Southfield, Michigan-based Farbman Group added four new team members. Alex Harris will serve as property manager for Farbman Group’s New Center One building in Detroit…

Challenges? Sure. But industrial properties still generating high demand

Despite the challenges of higher interest rates, industrial properties remain one of the most in-demand commercial real estate asset classes across the nation, according to…

District Capital provides $4 million of acquisition financing for Michigan mixed-use property

Mike Lemon with District Capital recently financed a $4 million mixed-use property acquisition in Clarkston, Michigan. The loan consists of a 10-year fixed rate locked…

Some holiday cheer for retailers: Consumers spent more than $9 billion in online sales this Black Friday

Retailers received an early holiday gift this year: Shoppers spent more than $9 billion in U.S. online sales on Black Friday.

Hull Multifamily Advisors closes sale of 70-unit multifamily development in Traverse City

Hull Multifamily Advisors recently brokered the sale of the 70-unit Holiday Village Townhomes in Traverse City, Michigan. Hull's managing principal Austin Hull advised both the…

Friedman Real Estate sells banquet hall in Michigan

Friedman Real Estate’s Greg Hornby completed the sale of the 24,250-square-foot Sportsman’s Den & Orlando’s Banquet Hall at 15001 Sibley Road in Riverview, Michigan. Friedman…

Innovative laundromat opens in Pontiac

Farbman Group announced the opening of its client LaundroLab in Oakland Pointe Plaza in Pontiac, Michigan. LaundroLab is an emerging brand that takes a new spin…

Michigan

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