Michigan

Hunt Real Estate Capital closes $6.4 million loan for apartment acquisition in Michigan

Hunt Real Estate Capital provided a Freddie Mac Small Balance Loan of $6.4 million to finance the acquisition of a multifamily property in Clarkston, Michigan.…

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…

NAI Wisinski brokers sale of 182-unit apartment property in Michigan

Scott Nurski and Craig Black of NAI Wisinski of West Michigan recently sold a 182-unit, Class-B apartment and townhome property in Grand Rapids, Michigan. The…

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…

Midwest Commercial Real Estate Hall of Fame: Colliers’ Michael Bennett

Hard work and a commitment to his clients are behind the success, and big-time production numbers, of Colliers International's Michael Bennett.

NAI Wisinski of West Michigan broker named top-producer

Stu Kingma of Grand Rapids, Michigan-based NAI Wisinski of West Michigan was honored during NAI Global's annual recognition program as a top-10 producer for the…

Gerdom Realty brings new tenant to Michigan shopping center

Milan Laser and US Mattress will soon be joining the tenant line up at the West Oaks shopping center in Novi, Michigan. Milan Laser will…

Midwest Commercial Real Estate Hall of Fame: Signature Associates’ Joseph Banyai

Signature Associates' Joseph Banyai has built a thriving career with an old-fashioned work ethic.

Michigan

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