Detroit

Knighthead Funding closes more than $37 million in loans for Michigan apartment communities

Knighthead Funding LLC has originated separate loans totaling $37.3 million for the development of three multifamily projects in Michigan. All three non-recourse loans range in…

Midwest CRE Hall of Fame: CBRE’s Mark Collins

It takes skill, smarts and ethics to thrive in the commercial real estate industry. But to do so for more than three decades? That takes…

Brennan Investment Group veteran to take over industrial duties in Minneapolis, Milwaukee

Brennan Investment Group has promoted Luke McCarthy to senior associate with a focused responsibility to acquire industrial assets in the Milwaukee and Minneapolis markets. McCarthy…

District Capital closes $2.4 million for retail property in Michigan

District Capital of Detroit is still closing loans during the COVID-19 crisis. The company recently secured a 25-year term, 25-year amortization loan on a multi-tenant…

Newmark Knight Frank report: Detroit’s CBD started 2020 as office hotspot … but what happens next?

The office vacancy rate rose 20 basis points in Detroit during the first quarter of 2020 to hit 15.1 percent, according to the latest research…

Kennedy Funding closes $1.5 million loan for Detroit healthcare facility

Kennedy Funding has closed a $1.5 million loan to Conner Creek Center of Detroit. Funds will be used to pay off existing debt and for…

Newmark report: Detroit’s industrial market was soaring — before the COVID-19 pandemic

The Detroit industrial market was strong as 2020 kicks off. The big question? Is it strong enough to hold steady as the country battles the…

Bedrock to waive rent, parking fees and expenses for small businesses

Bedrock will waive several fees for small businesses throughout June.

Detroit office of Cushman & Wakefield boosts industrial presence

Cushman & Wakefield’s Detroit office has hired Conner Salsberry as a new member of its industrial brokerage team.

District Capital Detroit provides $25 million loan for Detroit industrial

District Capital Detroit closed an acqusition loan for a more than 1-million-square-foot industrial property in Detroit.

Detroit

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