Tag: Detroit

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...
Saxon Trace Apartments

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,...
Elmwood Park Plaza

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...

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