Detroit

MichiganMinnesotaTennesseeMultifamily

The new trend: Apartment rent growth has stalled across the country

Monthly apartment rents are falling in the Detroit metropolitan area, for both one- and two-bedroom apartment units, according to the latest research from Zumper.

MichiganCRE

Michigan’s Farbman Group adds four to staff

Southfield, Michigan-based Farbman Group added four new team members. Alex Harris will serve as property manager for Farbman Group’s New Center One building in Detroit…

MichiganRetail

Colliers report: Retail holding steady in Detroit despite challenges

The Detroit-area retail market, despite the challenges faced by high interest rates and persistent inflation, remained stable in the third quarter of the year, with…

MichiganMultifamily

Friedman Communities to manage 1,500-unit apartment portfolio in the Detroit market

Friedman Communities, a Friedman Real Estate company, has been awarded the management assignment for a large multi-site multifamily portfolio. The portfolio features more than 1,500…

MichiganFinanceMultifamily

Bernard Financial Group closes $46.5 million loan for mixed-use property in Detroit

Bernard Financial Group arranged a $46.5 million bridge loan for a trophy hospitality and multifamily mixed-use asset in Detroit. The borrowing entity is Whitney Buildings…

MichiganOhioFinance

Commercial Real Estate Hall of Fame: Duffy+Duffy Cost Segregation’s Craig Miller

Each year, Midwest Real Estate News inducts a new class into its Commercial Real Estate Hall of Fame. Here is a look at one of…

MichiganRetail

Woodward bound: An important and iconic Michigan motorway presents an intriguing and diverse range of retail opportunities

Woodward Avenue is not just an important Michigan roadway, it is a historic and even iconic piece of Americana. The 27-mile-long artery running from Detroit…

MichiganOffice

More of the same: Detroit’s office market still facing high vacancies, negative absorption

More of the same struggles. That's what the Detroit market is facing in its office sector.

MichiganRetail

District Capital closes $3 million life insurance loan for Detroit-area grocery-anchored property

Dave Dismondy with District Capital closed a $3 million life insurance company loan on a grocery-anchored property in suburban Detroit.  No tenant sales reports were…

MichiganRetail

Friedman Real Estate brings furniture dealership to Detroit location

Friedman Real Estate recently signed a new lease for 6,117 square feet of Class-A office space at the Burns & Wilcox building at 119 State…