Leasing slowdown not waning in Detroit industrial sector
The third quarter continued the leasing slowdown that the Detroit-area industrial market has seen for the last two years, according to the most recent research…
Detroit
A cut in interest rates? It’s boosted optimism in the industrial sector across the Midwest
A dash of optimism. That’s what industrial brokers and developers say that the Federal Reserve Board’s September interest-rate cut brought to their commercial sector.
Midwest real estate market update: Navigating a sluggish year with glimpses of optimism
The real estate market in the Midwest has experienced a year marked by economic uncertainty, a restrictive lending environment, and lower transaction volumes. Assessing the…
A bright future? It’s on the horizon for Detroit’s industrial sector
How resilient has the Detroit-area industrial market been? Its fundamentals are strong enough to allow it to weather the challenges that come with high interest…
Integra Realty Resources: Commercial real estate has reached a positive turning point
Integra Realty Resources in its 2024 Mid-Year Commercial Real Estate Report said that the commercial real estate sector remains a resilient one despite the challenges…
Newmark names North Central Region Market leader
Industry veteran Jesse Van Dyke has joined Newmark as Executive Vice President and North Central Region Market Leader. In his new role, Van Dyke will…
Income Property Organization lists 120-unit University Club Apartments in Detroit
Income Property Organization has listed the 120-unit University Club Apartments in Detroit for sale. The bid deadline for interested purchasers is Oct. 1. Built in 1993, University Club…
Marcus & Millichap predicting a bright future for Detroit’s retail sector
A bright outlook. That's what Marcus & Millichap is predicting for Detroit's retail sector in its second-quarter Detroit Retail Market Report.
Detroit’s resiliency in full effect as local CRE market remains healthy
It wasn’t too long ago that the news coming out of Detroit was always negative. Today, though? There’s plenty of positivity surrounding Detroit, its suburbs…
Bernard Financial Group provides $11 million in financing for Detroit apartment property
Bernard Financial Group arranged a Freddie Mac loan of $11.003 million for a 103-unit multifamily property in Detroit. The borrower is 40 Davenport LLC. Joshua…