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…
Detroit
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…
Top manufacturing markets? Dallas and Chicago take the top two slots
Dallas and Chicago led the way in a new report highlighting the nation's top-20 metropolitan areas for manufacturing.
Two CRE veterans with Cresa honored by SIOR
Cresa’s Ryan Bertin and Curt Stanton were recently honored by the Society of Industrial and Office Realtors® (SIOR) for its 2023 Top Transaction Awards in the category of…
District Capital closes $3.15 million loan for Michigan neighborhood center
Dave Dismondy with District Capital closed a $3.15 million loan on a 31,500-square-foot neighborhood center in a tertiary market in Michigan. The correspondent life insurance…
Gerdom Realty & Investment closes sale of 7,960-square-foot building in Detroit
The Gerdom Realty & Investment team of Jack Melton and Michael Murphy represented the seller of the 7,960-square-foot freestanding building on Grand River Avenue in…
District Capital provides financing for metropolitan Detroit-area office property
In a market in which office properties are difficult to finance, Mike Lemon placed financing with one of District Capital’s correspondent life insurance companies. This…