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As Interest Rates Climb, Multi-family Construction in Metro Detroit Surges

Posted By: dbusiness on July 26, 2022.  For more information, please click here to read the source article.   Based on new residential permit data compiled by the Home Builders Association of Southeastern Michigan (HBA) in Bingham Farms and reported in the HBA and Carter Lumber Southeastern Michigan Residential Building Activity Report, single-family home permits continued to drop, […]

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SIGNATURE ASSOCIATES SELLS TROPHY INDUSTRIAL BUILDING IN AUBURN HILLS, MICHIGAN

Signature Associates is pleased to announce the sale of the 443,340 square foot industrial building located at 3600 Giddings Road in Auburn Hills to a partnership between Foundation Capital Partners, LLC and Wheelock Street Capital, LLC. Joe Hamway and Greg Hudas of Signature Associates represented the partnership in the purchase of the building and are […]

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6 Michigan Industries With A Good Economic Outlook

Knowing which industries have a good economic outlook can help you to make savvy career choices. Whether you’re starting out or you’re thinking about your next promotion, choosing a sector or specialty that’s primed for growth can provide you with job security and lucrative opportunities. Similarly, if you’re a budding entrepreneur and you dream of […]

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UT to request proposals for sale, lease, or other options for UTMC

UT to request proposals for sale, lease, or other options for UTMC

University of Toledo administrators will seek requests for proposals to purchase, lease, or manage the UT Medical Center, the university announced Monday. The UT Board of Trustees had announced in February that it was “considering all options” for the college’s medical center, the former Medical College of Ohio Hospital — including selling it — and cited steep financial […]

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Ann Arbor’s U-M Receives $10M to Open Real Estate Center

Ann Arbor’s U-M Receives $10M to Open Real Estate Center

The Stephen M. Ross School of Business at the University of Michigan in Ann Arbor will launch a real estate center that will offer a suite of practice-oriented courses thanks to a $10 million gift from Ron Weiser, a regent and alumnus of U-M. Students at the Weiser Center for Real Estate will learn from […]

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Oregon receives grant for infrastructure around industrial parks

Oregon receives grant for infrastructure around industrial parks

The U.S. Department of Commerce said Wednesday that the city of Oregon has been awarded a $2.7 million Economic Development Administration grant to be used for infrastructure in and around the city’s industrial parks that should help attract new businesses. The grant, to be matched with $679,179 in local funds, is expected to help generate […]

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Spectrum to expand downtown

Spectrum to expand downtown

Spectrum Health selected where its new facility will be located. The health system initially was planning land it owns southwest of the Cornerstone University campus, at Leffingwell Avenue NE and Bradford Street NE, for a new building to house administrative and training offices, as the Business Journal reported in June. Instead, the building will be […]

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Commercial property values rise 35 percent in Detroit over past year

Commercial property values rise 35 percent in Detroit over past year

Commercial property values in Detroit rose 35 percent between 2017 and 2018 after the city completed its first citywide reassessment of commercial buildings in decades, Mayor Mike Duggan said Tuesday. The overall value of commercial property in Detroit rose $2.96 billion to more than $4.5 billion, according to data from the city assessor’s office. Industrial […]

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