NAI Farbman closes receivership sales in Ann Arbor, Detroit
NAI Farbman sold two properties as receivers in Detroit and Ann Arbor, Michigan. The first sale was of 521 and 609 Old Saint Jean St.…
Ann Arbor
Oxford Companies, Crawford Hoying: Building a new gateway to Ann Arbor
A new gateway to the city. That's how leaders with real estate services company Oxford Companies and real estate development and management company Crawford Hoying…
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 Farbman Group hires associate broker
Southfield, Michigan-based Farbman Group has added Nick Diedrich to NAI Farbman, the firm’s global brokerage firm, as an associate broker. Diedrich has spent two decades…
SRS Real Estate Partners closes $7.85 million CVS sale in Ann Arbor
SRS Real Estate Partners has completed the $7.85 million sale of a 13,040-square-foot property occupied by CVS Pharmacy. The property was built in 1930 and…
The best Midwest city for renters? One study points to Minneapolis
Building owners might have an easier time selling their apartment units to renters in the Twin Cities than in other Midwest locations: A new study…
Signature Associates: Expect even more office challenges in Detroit this year
The overall office vacancy rate in the Detroit market climbed to 22.67% in the fourth quarter of 2022. And CRE firm Signature Associates says that…
Commercial Real Estate Hall of Fame 2023: Oxford Companies’ Wonwoo Lee
Each year, Midwest Real Estate News elects a new class to its Commercial Real Estate Hall of Fame. This year, we are also running profiles…
Northmarq sells former At Home location in Michigan
Isaiah Harf, managing director of Northmarq’s Chicago office, has completed the sale of a single-tenant property formerly leased to At Home at 3100 Washtenaw Ave.…
Greystone provides $14.9 million in bridge financing for 154-unit multifamily property in Ann Arbor
Greystone has provided $14.938 million in bridge financing for the acquisition of a 154-unit multifamily property in Ann Arbor, Michigan. The transaction was originated by…