Michigan is a state in the Great Lakes region of the upper Midwestern United States.
Tag: Michigan
Thompson Thrift sells The Grove Apartment Community in Grand Rapids
Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids....
Capital secured for new Class A multihousing community in southeast Michigan
JLL Capital Markets announced that it has arranged $17.8 million in joint venture equity and $39.9 million in construction financing for Avant, a new...
Sale and acquisition financing of independent living community in Detroit suburbs completed
JLL Capital Markets announced that it closed the $17 million sale and arranged $25.35 million in acquisition and renovation financing for The Park at...
Lakeview Apartments in Kalamazoo sold for $19.65 million
JLL Capital Markets announced that it has closed the $19.65 million sale of the Lakeview Apartments in Kalamazoo, Michigan. JLL worked on behalf of the...
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,...
Knighthead Funding originates loans totaling $37.3 million for Michigan multifamily projects
Knighthead Funding LLC, has originated separate loans totaling $37.3 million for the development of three multifamily projects in Michigan. All three non-recourse loans range in...
Greystone Bel completes $4 million sale of 105-unit multifamily property in Saginaw, MI
Greystone Bel recently closed the sale of The Poplars Apartments, a 105-unit multifamily property in Saginaw, Michigan for $4,000,000 or $38,095 per unit. Austin Hull...
Greystone Bel sells 48-unit multifamily property in Sturgis, MI
Greystone Bel recently closed the sale of Colonial Crest Apartments, a 48-unit multifamily property in Sturgis, Michigan for $1,785,000 or $37,188 per unit. Austin Hull...
Greystone Bel sells 117 unit two-property portfolio in Marquette, MI
Greystone Bel recently closed the sale of Northwoods and Ridgeview Apartments, a two-property portfolio totaling 117 units in Marquette, Michigan. Austin Hull of the Greystone...
Greystone Bel sells 84-unit Durand, MI apartment building
Greystone Bel recently closed the sale of Country Village Apartments, an 84-unit garden-style multifamily property in Durand, Michigan. Austin Hull of the Greystone Bel Real...
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...
Pathway to Living completes renovation of senior housing community Azpira Place of Breton in...
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced it has completed $2.1 million in capital improvements at...
The push for rent control
In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations...
Those things that ignite the soul
CSR initiatives encompass a company’s efforts to promote positive societal, economic or environmental change. The initiatives are self-regulated, and the scope and scale of...
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...