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BINGHAM FARMS, MI-Kmart's downfall and a broken land development deal help lead to a move to sell off assets. Layoffs won't happen until properties are sold, company officials say.
BLOOMFIELD HILLS, MI-Two deals for apartment complexes in Melvindale and Harper Woods total $8.75 million, while a Detroit deal involving 315 units is done at an undisclosed price. Income Property Organization brokers the deals.
SOUTHFIELD, MI-Although the list of closures is not public, Lear Corp. will shut down operations at 21 locations worldwide, with one in O'Fallon, MO the first to go. The closings will occur through most of 2003.
SOUTHFIELD, MI-The city that was one of the first suburbs in the US tries to spark a new interest in Cornerstone, an area of prosperity that includes "The Village at Cornerstone," a mixed-use redevelopment project.
FARMINGTON HILLS, MI-Corinthian College leases 32,473 sf of office space in Southfield, MI in a $7.5-million deal while Friedman Real Estate Group brokers a $3.2-million office sale in Troy, MI.
LANSING, MI-Small tweaking is done to Michigan remediation rules, including cleanup
STERLING HEIGHTS, MI-A Best Western business hotel now brings in families to float on an indoor lazy river and splash through three-story water slide as part of an 52,000-sf addition.
DETROIT-Nearly 40 residents at a recent public hearing opposed the project, which would expand and consolidate three terminal areas in southwest Detroit and Dearborn to create an 840-acre facility.
HIGHLAND PARK, MI-A Clean Michigan Initiative grant of $50,000 will help pay or cleanup work to restore the site to grade for new development, which is intended to lure other projects to the Detroit suburb.
TROY, MI-Kmart's decision to close 284 of its stores results in 63 attached Penske auto centers to follow suit. However, company officials say the company has made significant progress since a spin-off from Kmart.
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.
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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