Michigan

Detroit’s Beanstalk Real Estate Solutions adds VP of commercial brokerage

Paul Debono has joined Beanstalk Real Estate Solutions in Detroit as vice president of commercial brokerage and client services. With more than 25 years of…

JLL report: Will interest rates slow new industrial construction in West Michigan?

The West Michigan industrial market enjoyed another strong three months during the third quarter of the year. But JLL warns that a slowdown in the…

Marcus & Millichap sells 62-room hotel in Michigan

Marcus & Millichap closed the sale of Quality Inn Marshall, a 62-room hospitality property in Marshall, Michigan. Ebrahim Valliani, first vice president, and Michael Klar,…

VennPoint Real Estate acquires 75-unit multifamily community in Michigan

Chicago-based VennPoint Real Estate has acquired The Harrison, a 75-unit Class-A townhome and loft community in Royal Oak, Michigan. This acquisition brings the number of…

L. Mason Capitani closes sale of two-building office portfolio in Michigan

Mason L. Capitani, managing parter of L. Mason Capitani CORFAC International, represented the buyer, LREH Michigan, in the acquisition of the Cambridge Court Phase I…

Friedman Real Estate closes $6.4 million sale of Michigan apartment community

Friedman Real Estate recently sold Georgetown Manor Apartments in Chesterfield, Michigan, at a sale price of $6.4 million. Georgetown Manor apartments offer studio, one- and…

Marcus & Millichap sells 22,100-square-foot self-storage facility in Michigan

Marcus & Millichap closed the sale of Montague Self Storage, a 22,100-square-foot self-storage facility in Montague, Michigan. Brian Kelly, Brett Hatcher and Gabriel Coe, investment…

JLL report: First positive quarterly absorption numbers in Detroit’s office sector since pandemic’s start

Positive quarterly absorption for the first time since early 2020. That's the positive news in Detroit's office market.

Bernard Financial provides $6.6 million in financing for multifamily property in Michigan

Bernard Financial Group closed a $6.6 million permanent life insurance company loan for a 227-unit multifamily property in Brownstown Township, Michigan. The borrower is Marianne…

JLL closes sale of 23,328-square-foot wellness center in Michigan

Woodside Health sold the Novi Wellness Center, a 23,328-square-foot office building at 39500 W. Ten Mile Road in Novi, Michigan, to private equity firm Excelsior…

Michigan

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