Detroit

Six new projects: Olympia Development continues fueling The District Detroit

Olympia Development in late April announced that it would tackle six projects in the District Detroit, a mixed-use development rising near downtown Detroit's major sports…

Big spenders: How much does it cost to rent high-end apartments in the Midwest?

Plenty of commercial brokers across the Midwest have expressed concerns that too many of the new apartment developments that developers are bringing to the market…

Are apartment rents on a downward spiral? New ABODO study suggests it’s true

In good news for renters – and maybe not so great news for owners – apartment rents fell in May, the fourth straight month that…

Friedman sells 35-unit apartment building in Detroit

Friedman Real Estate recently sold Pembrooke Manor, a 35-unit apartment building at 20539-20541 Southfield Fairway in Detroit.

Bernard provides $4.3 million loan for office building in Detroit market

Bernard Financial Group arranged a $4.3 million loan for a 25,464-square-foot office building in Troy, Michigan.

PEA opens new office in downtown Detroit

Site-development firm PEA relocated its downtown Detroit office to a larger facility to accommodate its growing staff.

Momentum slowing in Detroit’s commercial real estate market? No evidence of that

Dennis Bernard, founder and president of Southfield, Michigan-based Bernard Financial Group, said that the Detroit commercial real estate market continues to gain momentum.

Colliers fills space in Detroit’s Baltimore Station development

Colliers International closed the lease of 1,060 square feet of retail and restaurant space in Detroit's Baltimore Station Phase 1 development at 6402 Woodward Ave.

Marcus & Millichap’s Detroit office sells three medical office buildings

Marcus & Millichap recently closed the sale of three medical office buildings, Pankratz Eye Institute in Indiana, Humana in Michigan and OrthoNY in New York.

Love Funding provides nearly $6 million for Detroit affordable apartments

Love Funding closed a $5.95 million loan for the refinance and rehabilitation of Central Towers Apartments, an affordable senior community in southwest Detroit, Michigan.

Detroit

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