Detroit’s City Club Apartments hires assistant vice president
Detroit-based City Club Apartments has hired Carie Wagner as assistant vice president of management operations.
multifamily
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…
CBRE broker closes four apartment sales in St. Louis market
CBRE completed four multifamily sales in the St. Louis area in the last two months. The deals totaled about $82 million and 1,106 units.
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.
Tikijian Associates sells 306-unit apartment community in Indianapolis market
Tikijian Associates represented the seller in the sale of Flats at Fishers Marketplace, a 306-unit Class-A luxury apartment community in Fishers, Indiana.
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.
Bernard Financial originates $2 million loan for 64-unit apartment complex in Michigan
Bernard Financial Group arranged a $2.3 million loan for a 64-unit multifamily complex in Ypsilanti, Michigan.
Are the days of skyrocketing apartment rents coming to an end?
Are soaring apartment rents a thing of the past? Maybe, if the results from a recent research study are to be believed.
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.