Michigan

Marcus & Millichap brokers sale of 50-space manufactured homes community in Big Rapids

Marcus & Millichap negotiated the sale of Circle Drive Mobile Home Park, a 50-space manufactured homes community in Big Rapids, Michigan. Senior Managing Director of…

Friedman Real Estate closes 528,340-square-foot industrial lease in Michigan

Friedman Real Estate recently signed an industrial lease for 528,340 square feet at Pinnacle Logistics Park at 24400 Glendale Road in Redford, Michigan. Jared Friedman…

Merchants Capital closes $196.5 million tax credit fund

Merchants Capital in Carmel, Indiana, has closed its Merchants Capital Tax Credit Equity Fund 15, L.P. (Merchants Fund 15). Merchants Fund 15 represents the company’s…

Latest increase pushes Fed’s benchmark interest rate to highest level in 22 years

The Federal Reserve Board yesterday raised its benchmark interest rate once again, this time sending it to its highest level in 22 years.

Colliers Detroit negotiates 48,700-square-foot furniture-store lease in Michigan

Colliers Detroit closed the lease of a 48,700-square-foot Ashley Furniture store in Shelby Township, Michigan. Brian Whitfield, vice president with Colliers, represented the tenant, The…

A multifamily shortage? New study promises at least some relief

States across the Midwest, and the country, have long dealt with a lack of affordable housing. And a study from the National Multifamily Housing Council…

Investing in commercial real estate during challenging economic times is a winning strategy

With recessionary fears increasing and investors pouring record amounts of cash into risk-free alternatives, Chicago-based real estate fund manager Origin Investments completed an analysis showing…

iBorrow closes $15.65 million loan for refinance of cold-storage industrial facility in Michigan

iBorrow, a nationwide private direct lender for commercial real estate, closed a $15.65 million loan to refinance a 238,575-square-foot cold-storage industrial facility in Taylor, Michigan. The borrower…

A flight to quality and the hope that conversions bring: U.S. office market remains in flux

The flight to quality? In the office sector, it’s more than a group of buzzwords. It’s reality. A growing number of companies are seeking less…

Veteran with Michigan’s NAI/Farbman named associate professor at Taubman College

Bill Bubniak, attorney, licensed real estate broker and 35-year veteran of Southfield, Michigan-based NAI/Farbman, has been named associate professor of practice in urban and regional…

Michigan

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