Cushman & Wakefield report: Retail sector heading in the right direction
Tight vacancy rates. Resilience. And growth. These are all positives of the U.S. retail sector according to the latest research from Cushman & Wakefield.
Detroit
The retail apocalypse? More like the retail evolution
Resilient. Evolved. Those are two ways to describe the retail sector. First the Internet was supposed to kill off brick-and-mortar retail. Then the pandemic was…
A long-time coming: Officials celebrate ground-breaking of La Joya Gardens mixed-use development in Southwest Detroit
In an effort to boost the city's housing supply and meet the demand for more affordable units, a partnership between the City of Detroit, a…
District Capital provides $1.65 million loan for Michigan net-lease asset
Justin Hollis with District Capital recently closed a $1.65 million permanent loan for a property in Canton, Michigan. District Capital's lender provided a 25-year loan…
Commercial Real Estate Hall of Fame: Ashley Capital’s Susan Harvey
Each year, Midwest Real Estate News inducts a new class into its Commercial Real Estate Hall of Fame. Here is a look at the busy…
Detroit’s District Capital closes 10-year refinance loan for mixed-use building
Mike Lemon with Detroit's District Capital closed a 10-year, fixed-rate loan with a life insurance copany for the refinance of a mixed-use building featuring multifamily…
Bedrock nearing end of $300 million restoration of Book Tower mixed-use development in Detroit
Bedrock is ready to unveil a new chapter of the Book Tower building, as the downtown Detroit property’s seven-year, $300-million-plus historic restoration approaches completion. Bedrock…
Detroit office of Colliers adds vice president
Sean Jamian has joined the Detroit office of Colliers as vice president. Jamian specializes in landlord and tenant representation for the office and industrial sectors…
Nothing normal about today’s market: Higher rates put brakes on multifamily finance requests
A normal market? Finance experts say that today’s multifamily market is far from one of those.
Newmark provides $150 million in acquisition financing for 24 Midwest industrial properties
On behalf of Burton-Katzman and DRA Advisors, Newmark has arranged about $150 million of financing proceeds to facilitate the acquisition of 24 strategically located industrial properties across…