Michigan Real Estate News

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St. Vincent Sarah Fisher Center

Development Proposed For St. Vincent & Sarah Fisher Property

The history St. Vincent and Sarah Fisher property in Farmington Hills may soon be repurposed into a two-story, 140-bed nursing facility and 3 three-story multi-family apartment buildings. Novi-based Optalis Healthcare would keep the existing administration building and one of the other smaller buildings. It would also leave 7.5 acres of open space on the property. Nearby residents have voiced concerns that the three-story apartment buildings would clash with the nearby residential areas. The site has been vacant since 2005.

Tourist Destination Struggles to Maintain Workforce

A vibrant tourist destination, small town Charlevoix is struggling to recruit workers. Upward pressure on rent and home prices is scaring workers off who can’t find affordable year-round housing. The two hardest hit groups are workers who make less than $26,000 a year and professionals who make between $70,000-$100,000 a year. Rentals are scarce, as are affordable homes for sale. Recent efforts to convert part of a golf course into affordable year-round housing was voted down by residents.

Judge Orders Extension On Foreclosure Protections

The Wayne County Treasurer filed a motion requesting that the redemption period on property tax foreclosures be extended. Judge Timothy Kenny ordered that foreclosure protections for occupied homes and commercial properties be extended to March 31, 2022. The order will keep properties off the annual auction block. However property taxes must continue to be paid. The Treasurer asserts that the main objective is to keep people in their homes.