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About / News / Private Equity

Private equity takes a shine to the car wash business in Michigan

Posted By: The Detroit News on October 27, 2023.  For more information, please click here to read the source article. New car washes are popping up throughout Metro Detroit, with operators attracted by the outlets’ reoccurring revenue and customers drawn to their convenience and flexibility. For example, Jax Kar Wash recently opened a new location in Oak Park, […]

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Key retail property across from Oakland Mall sells for $34 million

Amid a global pandemic that has shaken the brick-and-mortar retail industry even more, a Baltimore buyer is betting $34 million on the success of a key property across from Oakland Mall in Troy. Continental Realty Corp., a private equity fund, has purchased Oakland Center and Oakland Square at 14 Mile and John R roads totaling some 392,000 […]

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