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About / News / Landlord

Space Constraints

Posted By: DBUSINESS on May 18, 2023.  For more information, please click here to read the source article. Fifty years ago, downtown Detroit staked its economic revitalization to the Renaissance Center. It was a stretch project if ever there was one — a $357-million Hail Mary that Henry Ford II, then chairman and CEO of Ford Motor Co., […]

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Office landlords squeezed by falling occupancy rates, refinancing difficulties. Here’s why

Posted By: The Detroit News on May 25, 2023.  For more information, please click here to read the source article. The failure of several large lenders earlier this year and the banking turmoil that followed have fueled worries for owners of office space such as Boston Properties and Vornado Realty Trust. The sharp runup in interest rates by the Federal […]

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