Bernard Financial provides $2.1 million loan for Michigan apartment community
Bernard Financial Group closed a $2.1 million CMBS loan for an 85-unit multifamily property in Saginaw, Michigan.
Michigan
Mid-America sells 52,000-square-foot retail center in Michigan
Mid-America Real Estate Corporation's Investment Sales team recently brokered the sale of Livonia Marketplace in Livonia, Michigan. The 52,730-square-foot retail center was purchased by an…
Detroit’s Bedrock hires chief development officer
Following a 20-year career as chairman of Honigman LLP’s real estate department, Lawrence McLaughlin has joined Bedrock in Detroit as the company’s first executive vice…
Gerdom brings rehab service to Michigan retail center
Rehab Without Walls Outpatient Rehab Services will soon open its eighth Michigan location, joining Planet Fitness, CVS and others at the Brookside Shopping Center at…
Signature Associates broker earns SIOR designation
Rob Keleghan of Southfield, Michigan-based Signature Associates has earned SIOR designation. He joins 11 other Signature Associates members.
Michigan’s Gerdom Realty hires student-housing specialist
Bill McLeod has joined Novi, Michigan-based Gerdom Realty. He specializes in the sale and leasing of commercial properties with expertise in student-housing investment properties in…
Michigan’s Farbman Group names new CFO
Southfield, Michigan-based Farbman Group, a full-service commercial real estate firm, has promoted Chris Chesney to chief financial officer from executive vice president.
City Club Apartments begins rejuvenation of 18-story Detroit apartment community
Detroit's City Club Apartments began construction Jan. 9 on the redevelopment of the former Elmwood Park Plaza, an 18-story apartment community built by Toby and…
Year-end apartment report: It wasn’t cheap to rent in 2019
Renting an apartment in 2019? It was pretty expensive, a monthly rents for both two-bedroom and one-bedroom units rose throughout the year.
The most affordable place to rent in the U.S.? It’s in the Midwest
Where's the most affordable place to rent an apartment in the country? It's Danville, Illinois, according to a new study by RefiGuide.org.