Michigan

Newmark Knight Frank report: Developers finding new industrial opportunities in Detroit market

As the city of Detroit and state of Michigan continue to fight against the COVID-19 pandemic, developers here are seeing a new market opportunity: Spiking…

Cornerstone Companies acquires nine healthcare properties in six states

Cornerstone Companies, Inc. has acquired nine healthcare real estate properties in six states totaling more than 300,000 square feet. The properties were acquired for $59.9…

Apartment rents sluggish as COVID-19 cases keep rising

The multifamily market has remained one of the strongest real estate sectors even as the COVID-19 pandemic spreads throughout the United States. But a new…

L. Mason Capitani sells 70,000-square-foot office building in Michigan

L. Mason Capitani CORFAC International has closed the sale of the 70,000-square-foot multi-tenant office building at 550 Stephenson Higwhay in Troy, Michigan. Mason L. Capitani…

Gerdom Realty sells plot of lot slated for retail development in Michigan

The 2.1-acre property at the northwest quadrant of East Boon Road and Plett Road in Cadillac, Michigan just sold to a local developer that plans…

Michigan’s Signature Associates adds two to its team

Southfield, Michigan-based Signature Associates has added two new team members to its roster. Scott Elliott comes to Signature with experience in office landlord and tenant…

FOURMIDABLE earns management contract for 88-unit multifamily property in Michigan

FOURMIDABLE will continue its partnership with the New Haven Housing Commission after being awarded the management contract for Pinewoods Apartments in New Haven, Michigan. FOURMIDABLE…

Savills adds retail pro to Detroit office

Savills has added Drew Chorney as managing director of retail services to its growing Detroit office. His arrival launches Savills' retail specialty in the region.…

Franklin Property Corporation building 52-home development in Michigan

Franklin Property Corporation, on behalf of Hunter Pasteur Homes, broke ground on land development improvements for Gramercy Ridge, a luxury 52-unit condominium development in West…

Bernard Financial closes $6 million loan for industrial properties in Michigan

Bernard Financial Group has arranged a $6 million life company loan for a two-building industrial property in Brownstown, Michigan. The borrower is Ashley Brownstown North…

Michigan

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