Detroit

Detroit Industrial Summit: Manufacturing still the star of Detroit’s CRE market

The sweet spot in Detroit's commercial real estate industry? Manufacturing. As the real estate pros working this market will tell you, the manufacturing business in…

ARCO begins construction of cold-storage facility expansion in Detroit market

ARCO National Construction’s Detroit division recently celebrated the groundbreaking of a cold storage facility expansion for Weeks Food Corporation, a fifth-generation, family-owned and operated wholesale…

Detroit’s District Capital pro closes 10 loans in May and June with correspondent life insurance companies

Dave Dismondy with Detroit's District Capital closed 10 loans totaling $21 million in May and June with correspondent life insurance companies.  District Capital has a…

CBRE brings some good news: First quarter with positive office absorption in Detroit market since 2022

The second quarter of this year brought some good news for the Detroit-area office sector: For the first time in five quarters, the region's office…

Cinnaire closes $175 million fund to provide affordable housing in Midwest

Cinnaire closed its Cinnaire Fund for Housing Partnership 41, a $175.4 million multi-investor Low-Income Housing Tax Credit fund. The fund comprises 14 investors and will support…

Chicago lagging the pack when it comes to new apartment construction

When it comes to new apartment construction, Chicago is lagging behind many other big cities. A new report says that the Windy City ranked just…

District Capital closes $7 million loan for 140-bed student-housing property at Detroit university

Michael Lemon with District Capital placed a $7million loan on a 140-bed student housing property at Wayne State University in Detroit.  The loan was closed…

New report: Industrial rents still rising in Detroit, but at a slower pace

The average rent for industrial space in Detroit did increase in April. But that increase was a small one.

JLL to provide advisory services for multiphase sports facility in Romulus

JLL and its Project and Development Services (PDS) group has been selected by Motown Sports Group Holdings, Inc. to provide project management advisory services for…

Pogoda Companies inks new management contracts for self-storage facilities in Detroit, Dayton

Michigan-based Pogoda Companies signed two new management contracts in Detroit, Michigan, and Dayton, Ohio. National Storage-New Center has 19,200 square feet of climate-controlled space in…