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COLUMBUS, OH-Two malls in Ohio and Kentucky are used as collateral for mortgages, releasing 10 community centers from a $33.4-million bridge loan. The REIT also replaces the old debt with lower interest rates.
DETROIT-Dorian Harvey wants to buy city land for more than $5 million to create 650,000 sf of shops, entertainment, office and living areas to celebrate African history. The development will be the first of its kind.
DETROIT-Three projects worth $65 million are coming to the area, the Detroit Chamber of Commerce reports. The largest is Recticel's 260,000-sf, $36-million facility in Independence Township, MI.
LANSING.MI-More parking already was needed for an existing office tower, so Boji Group LLC. is building a nine-story structure in addition to its new 300,000-sf office complex, which includes 18,000 sf of retail space.
BINGHAM FARMS, MI-Malan Realty Investors, Inc. says it will sell off property, stop buying and has settled a lawsuit with Grand Sakwa Properties of Farmington Hills, MI to begin raising needed funds.
LANSING, MI-A magazine says the state has the best track record for attracting new office and industrial projects, beating out California and New York, in its annual study of where businesses are expanding operations.
ANN ARBOR, MI-This college town is a hot market, says a developer who's pushing through plans for four mixed-use developments, priced at about $40 million, in the popular Downtown area.
SCIO TOWNSHIP, MI-The company making high-tech electronic paper may spend $29 million over three years to lease and equip a large facility with the assistance of tax abatements and other incentives worth more than $9 million.
SOUTHFIELD, MI-A multifamily property here sells for almost $17 million - nearly $100,000 per unit -- to a condominium developer. Meanwhile, 22 units in Lansing, MI trade for $500,000.
DEARBORN, MI-Older buildings need updating, infrastructure must be replaced and beds should be switched around to provide better care for the area, the hospital group says.
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.
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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.
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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.
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Download ResourceFrom Placer.ai
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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