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DETROIT-The company's Detroit office says the area multifamily rental market is "stabilizing," with effective rents expected to begin creeping up next year. Cap rates will remain lowest in Auburn Hills, Farmington Hills and Ann Arbor, the firm predicts.
STERLING HEIGHTS, MI-General Motors is creating a new "heritage center" to serve as the repository of its history in a building off Mound, just south of Metro Pkwy.
DETROIT-A report on a possible new convention center for the metro region is due to be released this week. Options include upgrading and expanding Cobo Center Downtown.
DETROIT-The state has awarded 17 Michigan cities catalyst grants to help them become more "cool." Two of the grants will be used in the city.
BINGHAM FARMS, MI-Malan Realty Investors, Inc. now owns 20 properties totaling 1.3 million sf, and continues to shed assets after the $5.9-million sale. It also redeemed $7.1 million of convertible subordinated debentures.
ROMULUS, MI-In addition to 44 airport terminals of various sizes San Francisco-based Gensler Architecture, Design & Planning Worldwide is working with Pontiac city officials on the redevelopment of the Silverdome.
TROY, MI-Kmart says it will sell as many as 24 stores to Home Depot in a transaction worth up to $365 million. The retail giant already has shed 600 stores while in bankruptcy.
PLYMOUTH, MI-The old BB gun factory in Downtown is transformed into lofts and townhomes by Joseph Freed Homes. The developer's Daisy Square preserves the original facade of the Windmill Building.
DETROIT-Despite modest sales volume this year, Marcus & Millichap ranks the Detroit market at No. 36, the same position as last year, getting low scores for rent, employment and household growth.
DETROIT-The Detroit DDA will spend $350,000 to gain clear title to a vacant Downtown building it hopes to see renovated. A private investor in the building at the corner of Lafayette and Shelby is being bought out.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource