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There’s finally hope for the commercial real estate market

Posted By: The Detroit News/Bloomberg on January 11, 2024.  For more information, please click here to read the source article. Soaring borrowing costs and plunging prices walloped the global commercial-property market last year. Now, more clarity around values and an urgent need to address looming debt maturities are expected to spark more deals. Sellers and buyers are finally […]


‘Endless opportunities’: Working with the trades is wave of the future

Posted By: Toledo Blade on September 4, 2023.  For more information, please click here to read the source article. The future of Labor Day is at work at Penta Career Center in Perrysburg Township. In a welding class, fiery orange sparks spurt up from welders in action. In another wing, a student wields a remote control — that […]


Influx of pandemic boaters puts strain on marina space, prompts industry consolidation

Jason McGuire’s Detroit-based marina operation company saw a 22 percent increase in revenue during the pandemic, growing to $2.2 million from $1.8 million prior to the onset of COVID-19. The kicker: His ABC Professional Enterprise LLC has only about a third as many wet slips available for rent to boaters in 2021 as he did […]


Downtown Birmingham sees surprise surge of new retailers

While some downtowns, malls and shopping centers struggle to recover from the impacts of the COVID-19 pandemic on in-person shopping and office space needs, Oakland County’s downtown Birmingham is emerging as a bright spot. The sidewalks and parking structures are busy once again with visitors and downtown workers on lunch break, and at least eight retailers and four new food establishments have in recent […]


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