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Michigan

MichiganCRE

Matt Shane and Friedman Real Estate launch new commercial mortgage banking firm, SF Capital

Full-service commercial real estate firm Friedman Real Estate has brought in a veteran of the commercial mortgage banking industry to create a new subsidiary focused…
June 14, 2023
MichiganFinanceMultifamily

Berkadia secures $34.6 million for 295-unit apartment development in Michigan

Berkadia closed a $34.6 million Low-income Housing Tax Credit (LIHTC) investment that will facilitate the new construction of Apartments on Clark, a mid-rise multifamily property…
June 14, 2023
MichiganRetail

Friedman Real Estate sells 180,000-square-foot shopping center in Battle Creek

Friedman Real Estate recently closed the sale of Columbia Plaza, a 180,000-square-foot shopping center in Battle Creek, Michigan. Steven Silverman and Ryan Wilner advised both the…
June 14, 2023
MichiganMidwestMinnesotaTexasRetail

VIDEO: Behind the success of T.J. Maxx

How has T.J. Maxx managed to outlast recessions, soaring interest rates and persistent inflation? This Wall Street Journal video explains the secrets behind this discount…
June 12, 2023
MichiganMidwestMinnesotaNationalTexasMultifamily

Boosting those rents: Despite economic uncertainties, Yardi Matrix report shows that multifamily rents keep rising

Renting an apartment unit keeps getting more expensive, good news for multifamily owners, not so great for tenants.
Dan Rafter June 9, 2023
IndianaMichiganMinnesotaWisconsinFinanceMultifamily

Cinnaire closes $151 million in committed capital for equity fund

Cinnaire closed the Cinnaire Fund for Housing (Fund 39), a $151 million multi-investor Low-Income Housing Tax Credit fund. The fund will support the creation of 1,464…
June 8, 2023
MichiganIndustrial

Friedman Real Estate closes 12,000-square-foot industrial sale in Harrison Township

Friedman Real Estate’s Ryan Stipp and Zach Cummings completed the sale of a 12,000-square-foot industrial building at 42259 Irwin Drive in Harrison Township, Michigan. SERVPRO…
June 8, 2023
MichiganOhioCRE

Pogoda Companies takes over management of self-storage facilities in Ohio and Michigan

Farmington Hills, Michigan-based Pogoda Companies has taken on two new management contracts, one in Trotwood, Ohio, and a second in Battle Creek, Michigan. Trotwood has…
June 8, 2023
MichiganMidwestMinnesotaNationalTexasHospitality

Survey: More than 80% of hotels can’t find enough staffers

Leisure travel is back, and it is boosting the bottom lines of hotels across the country. But this doesn't mean that the hospitality industry doesn't…
Dan Rafter June 8, 2023
MichiganNet LeaseRetail

Marcus & Millichap closes sale of Starbucks in Royal Oak

Marcus & Millichap brokered the sale of a single-tenant Starbucks in Royal Oak, Michigan. The asset sold for $2.2 million or $1,208.79 a square foot.…
June 2, 2023
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