Detroit is the largest city in the midwestern state of Michigan.
Tag: Detroit Michigan
Iconic Riverfront Towers Apartments in Detroit Goes Delinquent
The more-than-$80 million Freddie Mac commercial mortgage-backed securities loan for the rental portion of the once-iconic Detroit property Riverfront Towers has gone 30 days...
Former Racetrack Makes Way for The Downs Master-Planned Multifamily Community Near Detroit
Following the closure of Michigan’s last horse racing track, Northville Downs, Michigan-based home builder and developer Hunter Pasteur has hit the ground running on...
MedCore Acquires Two Senior Living Communities in Detroit, American House Somerset and Hampton Village
MedCore Partners in partnership with REDICO and American House Senior Living has completed the acquisition of two (2) senior living communities located in Troy...
BWE Secures $19.75M in Acquisition Financing for Clinton Township Apartment Portfolio
BWE, a national commercial and multifamily mortgage banking company, announced it has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment portfolio in...
Midtown Detroit Apartment Project To Break Ground, Adds Affordable Workforce, Missing Middle Housing
A new mixed-use project is preparing to begin construction in Midtown Detroit. The building will increase the city’s much-needed inventory of workforce-attainable housing, while...
Follow the renter
In Albuquerque, New Mexico, multifamily occupancy is up. Memphis, Tennessee, is seeing rising rents, and cap rates for apartment assets in Detroit have spiked. Months...
Avanath Capital Management acquires three affordable housing communities totaling 290 units in Orlando, Florida...
Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S. on behalf of institutional investors,...
Historic Downtown Detroit mixed-use high-rise apartment and penthouse community to be fully redeveloped this...
Detroit-based City Club Apartments, a 100-year-old mixed-use multifamily pioneer, broke ground on the redevelopment of the formerly named Elmwood Park Plaza, an innovative and...
Secretary Carson kicks off Envision Center demonstration
U.S. Housing and Urban Development (HUD) Secretary Ben Carson traveled to his hometown of Detroit today to announce the first round of ‘EnVision Center’...
City building for the future: The Urban Land Institute’s 2018 spring meeting looks at...
Innovative city building will be front and center at the Urban Land Institute’s (ULI) 2018 Spring Meeting, set for May 1-3 at the Cobo...
City Club Apartments breaks ground on City Club-CDB Detroit
Farmington-Hills based City Club Apartments broke ground today on its City Club Apartments—Central Business District (CBD) Detroit mixed-use apartment, furnished short-term and penthouse community. Mayor...
Thousands of downtown Detroit apartments are on the way
The new construction represents the latest wave in what promises to be a flood of new residential projects to downtown. Multiple other projects are...
Detroit puts hopes in corporate subsidies
Led by Dan Gilbert, owner of Quicken Loans Inc., they are trying to rebuild everything--retail, housing, start-ups, transit and even street life--in the seven-square-mile...
