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Banking

Open-Air Shopping, Entertainment Landmark on Tap for Broward County

November 7, 2017 |

$800M Dania Pointe Set to Open in Late 2018

Dania Pointe, an $800 million, open-air shopping and entertainment center, is expected to become a signature lifestyle destination by merging retail, residential, office and hotel uses on a 102-acre tract in … Read More

Demolition to start on Northland Center site in Southfield

October 26, 2017 |
  • Dore & Associates to start demolishing Northland Center building Thursday
  • Land to be redeveloped is on Amazon HQ2 potential site list
  • Macy’s building to be left standing; underground tunnels may be preserved

Demolition at the vacant Northland Center … Read More

Moderate growth expected for commercial real estate

October 16, 2017 |

The US commercial real estate industry should see moderate growth through much of 2019 according to new forecast from the Urban Land Institute.

The survey of top real estate economists calls for national vacancy or availability rates to rise modestly … Read More

Green Financing in Multifamily Housing Grows in 2017

October 3, 2017 |

Lower interest rates and larger loans are fueling energy conservation inside multifamily housing operations across the country, bolstering the bottom line of owners and the wallets of residents.

Fannie Mae, Freddie Mac, HUD and the Federal Housing Authority (FHA) offer … Read More

Census: Detroit incomes up for the first time since 2000

September 25, 2017 |

Poverty went down and incomes rose last year in Detroit, the first significant income increase recorded by the U.S. Census Bureau in the city since the 2000 census.

Detroiters’ median household income was $28,099 in 2016, … Read More

Matt Shiffman has $75 million in Projects in Birmingham, Detroit

September 21, 2017 |

Passion for real estate runs in Matt Shiffman’s blood.

Now his Birmingham-based Alden Development Group LLC has more than $75 million worth of projects in Birmingham and downtown Detroit to complete.

The $45 million-plus Brookside Terrace on South Old Woodward … Read More

Amazon’s Grocery Threat Could Be a Real Estate Opportunity

September 21, 2017 |

Patient real estate investors stand to gain from the fears of disruption such as the one that rattled the grocery industry after Amazon.com Inc.’s takeover of Whole Foods, according to MetLife Inc.

The narrative about the death of brick-and-mortar retailers is … Read More

Somerset Collection in Troy Announces New Retailers, Expanded Shops and Restaurants

September 21, 2017 |

The Somerset Collection in Troy today announced it is adding 15 new stores over the next year, bringing nearly 60,000 square feet of new retail investment to the state. Additionally, several signature stores at Somerset Collection have experienced expansions and … Read More