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Brose to invest $97.6M in metro Detroit expansion, add 388 jobs

December 17, 2014 |

Auburn Hills-based Brose North America Inc. plans to invest $97.6 million to expand at its locations in Huron Charter Township, Warren and Auburn Hills.

Brose, the North America subsidiary of German supplier Brose International GmbH, plans to add 388 skilled … Read More

CRE Lending, Asset Quality Soaring at U.S. Banks

December 16, 2014 |

Multifamily and Construction/Development Lending Remain Fastest Growing Categories

The amount of commercial real estate loans on U.S. bank books has swelled by more than $100 billion in the past four quarters, a 6.6% increase and now totals more than $1.65 … Read More

Gilbert buys State Savings Bank building; Detroit Car Museum a possibility

December 15, 2014 |

Dan Gilbert’s latest building buy may be the next big tourist attraction for downtown Detroit.

Gilbert’s Bedrock Real Estate Services LLC purchased the 114-year-old State Savings Bank building at 151 W. Fort St. at Shelby Street for an undisclosed price. … Read More