Archive for category: Weekly Roundup

National

Investors compete with homebuyers in tight market

Detroit

U of D Jesuit High School expects to complete campus expansion by fall

Real Estate Insider: Words you don’t hear together often: New Eastern Market office space planned

Stephen Ross, The Platform plan new housing in District Detroit area

Former Woodward Academy heads to auction with $5 million starting bid

Grand Rapids

Wheeler Development plans 39 apartment units, ground floor retail in Eastown

Southeast Michigan

Eastland Center targeted for demolition, redevelopment as industrial, warehouse complex

Western Michigan

New Standard continues West Michigan expansion with Saugatuck Township dispensary

National

Investors Bet on Commercial Real Estate, Undeterred by Empty Offices and Hotel Rooms

Biden’s tax proposal ‘very concerning’ for commercial real estate: Marcus & Millichap CEO

How to Navigate a Hot Housing Market

Evictions

CDC Eviction Moratorium Expires Next Month, Help Available Now

Foreclosure

One-third of people who delayed mortgage payments during COVID-19 used cash for groceries, utilities

Detroit

Real Estate Insider: Here’s what it will cost you to build out an office this year

Dan Gilbert’s Hudson’s Project — an Architectural Marvel or Stairs to Nowhere?

Bedrock buys commercial site on Detroit riverfront

Did New York developer bite off more than he could chew in Detroit?

Middle class growth stagnates in Detroit, Future City report finds

Grand Rapids

New push begins to ease approval of gravel mining in residential areas

Southeast Michigan

Real Estate Insider: Here’s what it will cost you to build out an office this year

United Wholesale Mortgage spending $10 million on sports, community center in Pontiac

New push begins to ease approval of gravel mining in residential areas

Oakland County’s luxury home market booming

Sellers’ market: Ask and you shall receive — more

An Auburn Hills revivial: Main business district sees $55 million in projects and construction

Western Michigan

New push begins to ease approval of gravel mining in residential areas

Northern Michigan

New push begins to ease approval of gravel mining in residential areas

Outstate

New push begins to ease approval of gravel mining in residential areas

National

“We’re Suffering”: How Remote Work Is Killing Manhattan’s Storefronts

Commercial real estate could look different post-pandemic

Multifamily developments reflect trend of younger generations renting longer

Insurance Costs Threaten Florida Real-Estate Boom

Evictions

30 second trials. Judges muting tenants. The problems with virtual evictions

Detroit

Riverfront complex one of many where receivership looms

Lumber shortage a crisis for Michigan home builders and their customers

Original Lincoln Motor Factory in Detroit to Become Affordable Housing

Real Estate Insider: There’s a new Black-owned commercial real estate firm in town. Here’s why that’s important.

Fannie Mae seeks receivership for Jeffersonian Houze high-rise on Detroit River

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

In Detroit, many are missing out on property tax debt relief. Here’s why.

Grand Rapids

Commercial real estate could look different post-pandemic

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Michigan’s Real Estate Market Remains Hot

Southeast Michigan

Riverfront complex one of many where receivership looms

Lumber shortage a crisis for Michigan home builders and their customers

Booming real estate market allowed Dearborn man to sell his house, buy a condo in matter of days

A shortage of available houses for sale means higher prices and a scramble for buyers

Magna Seating’s new Novi headquarters fetches pandemic-era high for office building

Molina Healthcare sells Troy building to Missouri buyer, downsizes footprint

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Man builds poop wall after property line dispute with neighbor

Plante Moran nearly quadruples space in Southfield Town Center, one of pandemic’s biggest office deals

Farmington Hills to Demolish Abandoned Development

Michigan’s Real Estate Market Remains Hot

Western Michigan

Developers eye U.S. 131 commerce center

Multifamily developments reflect trend of younger generations renting longer

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Michigan’s Real Estate Market Remains Hot

Northern Michigan

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

What Does $250k Buy Now In Northern Michigan?

Michigan’s Real Estate Market Remains Hot

Outstate

‘Wild’ housing market ‘like nothing I’ve ever seen’ in Jackson, realtor says

Lumber shortage a crisis for Michigan home builders and their customers

In housing market ‘like we’ve never seen,’ Realtors say to do this to land your dream home

Michigan’s Real Estate Market Remains Hot

National

Supply chain hit hard by COVID-19 pandemic drives up house prices

Abandoned malls are getting second lives

What Will Happen to All the Empty Office Buildings and Hotels?

Lumber frenzy drives up home prices as suppliers can’t keep up

Detroit

Former Scripps Mansion site in Woodbridge envisioned for 65 townhomes

Detroit greenway projects blaze trails for recreation, tourism

New downtown Detroit Meijer store will have a Mudgie’s Deli and more

Real Estate Insider: Penobscot Building owner seeks to overturn blight tickets

Grand Rapids

Perrigo breaks ground on new Grand Rapids headquarters

Southeast Michigan

Metro Detroit home sales pace: on fire

Want that house? Get your bid in yesterday

Supply chain hit hard by COVID-19 pandemic drives up house prices

With too few listings to go around, metro Detroit real estate agents struggle to find elbow room

Single-family starter homes harder to find, afford in metro Detroit

Boji finalizes purchase of former Linda Dresner building in downtown Birmingham

A new lease signed, Volkswagen’s Auburn Hills building put up for sale

Drought to close four locations, expand wholesale operation

Developer pitches homes, event venue, tasting room, mill for Erwin Orchards land in Lyon

Home sales in region hit hectic pace in March as showings, sales prices jump

Car wash planned for long vacant Westland corner along Ford Road

Outstate

Michigan to trim offices in Lansing, whose downtown struggles amid pandemic

Family Fare property sold to Gates Family Real Estate Holdings in February

 

Mortgages

Mortgage rate increase hits lenders as refinancing surge fizzles

Mortgage Firms Warned to Prepare for a ‘Tidal Wave’ of Distress

Need a Mortgage Loan? Good Luck. Lenders Are Tightening Standards.

Evictions

Some landlords sell properties as CDC extends eviction ban

Landlords fear some tenants using eviction moratorium as free pass on rent

National

Home prices see highest gain in nearly 15 years

A hint of what’s to come for dying malls: Phoenix mall owner sells out as property is rezoned for other uses

West Michigan

552-unit apartment complex planned at Walker golf course property

Detroit

Former Lear building in Capitol Park sold to H.W. Kaufman Group affiliate for new Detroit office

Grand Rapids

30-unit apartment development near Medical Mile approved over neighborhood concerns

Southeast Michigan

DTE Energy pulls out of downtown Ann Arbor, leaving big void to fill on Main Street

Village of Rochester Hills welcomes new retailers including Robert Redford’s Sundance, Busted Bra Shop

Developer building luxury shipping container homes in Ypsilanti Township

Outstate

Buyers flock to Bay City, Michigan for ultra-low home prices