NORTHVILLE, MI-Three offers made for a 400-acre site housing a psychiatric hospital range from $67 million to $70 million. The advisory committee, including a mix of private and public sector real estate and finance professionals, will choose a winner no later than Thursday.

DETROIT-Renovating vacant buildings into eclectic living areas is finally catching on in the area, says a loft builder, who's working on numerous projects in Detroit.

DETROIT-Taubman Centers, under takeover attempt by Simon Property Group, boosts common stock dividend from last year's figure, while preferred dividend remains the same.

DETROIT-A NYC developer specializing in urban areas purchases its first shopping facility in Motor City. Plans call for a renovation and renaming the it the new Gallery at Warren Conner.

DETROIT-First quarter commercial project funding is down about $197 million from last

FRAMINGTON HILLS, MI-Becker/Lutz, a partnership formed by a developer and former auto supplier, has bought its first commercial real estate, in the form of Shoreview, a business park in Minneapolis. The partners paid $49 million for the property.

DETROIT-Bookstore giant confirms deal ongoing to move into massive new Compuware

CASCADE TOWNSHIP, MI-British-owned aerospace company purchased a 44,000-sf facility for an avionics laboratory. The firm plans to employ about 120 workers at the new second site.