SVP joins Detroit office of Friedman Real Estate
Bruce Morrison has joined the Detroit office of Friedman Real Estate as senior vice president of investment sales. Morrison has been exclusively involved in investment…
Detroit
Divergent Capital Partners closes acquisition of eight multi-tenant properties in Metro Detroit
Divergent Capital Partners (Divergent Capital Partners, LLC or DCP), is pleased to announce the closing of Fund 1 and the acquisition of eight multi-tenant real…
Signature Associates closes sale of 238,334-square-foot industrial building in Detroit
Signature Associates has closed the sale of a 238,334-square-foot industrial building at 6501 Nevada in Detroit. The property is fully leased to longterm tenant Lear…
No slowdown in sight: Investors, renters remain on the hunt for multifamily space
How busy has the multifamily sector been? Just ask Greg Coulter, managing member and founder of Income Property Organization in Bloomfield Hills, Michigan. He says…
Six quarters of positive net absorption? That’s the good news in Detroit’s retail sector
The Detroit retail market saw positive net absorption in the second quarter. That's good news. But what's even better is that this marked the sixth…
Laramar Group: Record-low vacancy rates mean a good second half of 2022 for multifamily
Resilient. That's how a new report from The Laramar Group describes the multifamily market across the nation and the Midwest.
BEB Lending provides $6.9 million bridge loan for 365,000-square-foot industrial property in Detroit market
BEB Lending, the finance platform of BEB Capital, has provided a $6.965 million bridge loan to 1029 SFG Equities LLC for the acquisition financing of…
Hull Investment Advisors sells pair of apartment properties in Detroit
Hull Investment Advisors recently closed the sale of Rainer Court (37 Units) and Selden Apartments (50 Units) in Detroit’s Midtown District. HIA’s Managing Principal, Austin…
Commercial Real Estate Hall of Fame: Miller Canfield’s Lawrence Dudek
Each year, Midwest Real Estate News elects a new class to its Commercial Real Estate Hall of Fame. Here’s a look at one of our…
Honigman names new CFO, COO
Honigman, a business law firm with offices in Michigan, Chicago and Washington, D.C., has made two significant additions. Uma Reddy has joined the firm as…