Michigan Real Estate News

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Plymouth’s Fox Hills Golf Club Sold After 50 Years of Family Ownership

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Sisters Kathy Aznavorian and Sandy Mily recently sold the Fox Hills Golf Club to Virginia-based Heritage Gold Group. The sale took place in July, and its terms are undisclosed. Their parents bought the property 59 years ago when it was known as the Plymouth Country Club. After inheriting it from their parents, the sisters expanded, adding several new courses to bring the number of holes to 63, including an 18-hole course made up of par 3 holes. They added a clubhouse in order to host big events throughout the year. According to the vice president of operations at Heritage Gold Group, the name, the course and the food will remain intact. The company also kept the entire staff on, including several family members of the original owners.

 

 

Paper Trail Links Birmingham’s Townsend Hotel to Yellen

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While Sheldon Yellen is mute about his pending purchase of the Townsend Hotel in Birmingham, state business filings and documents speak volumes. The Michigan Liquor Control Commission has received an application to transfer the liquor license from the hotel’s current owners to an entity called BHIP Townsend Hotel LLC. The entity is registered at the Oakland Avenue address for Yellen’s Birmingham-based property restoration company, Belfor Holdings Inc., whose CFO is Chris Jones. Chris Jones is named on the BHIP filing, as well as attorney Alan J. Schwartz who is identified on other business filings as Yellen’s attorney.

 

 

Jefferson Chalmsers’ Apartment Building Revived

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The renovated Marlborough Apartments in the Jefferson Chalmers neighborhood have opened. Jefferson East Inc. and its subsidiary, East Jefferson Development Corporation are responsible for the renovation of the 1927 building that houses. 8 unit apartments. They are also renovating another circa 1929 property on the north side of Jefferson. It will have 15 units. According to Mayor Mike Duggan, the second property has stood vacant for 50 years.  The two properties will reserve a total of 13 units for tenants with incomes between 50% and 60% of the area median income. The two and three bedroom units will range from $848 to $914 a month.