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Metro-Detroit

S&P upgrades Detroit’s credit rating one notch closer to investment grade

February 12, 2019 |

Detroit’s credit rating is one step closer to exiting the Wall Street doldrums of junk bond status that has hampered the city’s ability to borrow for years.

S&P Global Ratings on Thursday upgraded Detroit’s credit rating on unsecured debt … Read More

National Investors Begin to Take Interest in Detroit Market

February 7, 2019 |

In 2018, the Detroit real estate market had a banner year for transactions, new developments and big headlines. Chief among these was Ford Motor Co.’s acquisition of the vacant Michigan Central Station, a major media event that attracted attention from … Read More

FRIEDMAN’S STEVEN SILVERMAN & JAMES TUMEY SELL HISTORIC CENTRAL TRAIN STATION APARTMENT BUILDING IN DETROIT’S CORKTOWN NEIGHBORHOOD

February 1, 2019 |

Farmington Hills, Michigan (February 1, 2019) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 16 unit apartment building located at 2072 Wabash in Detroit’s Corktown Neighborhood. Altia Phoenix, LLC sold … Read More

FRIEDMAN NEGOTIATES 27,835 SF LEASE TO BRING CRUNCH FITNESS TO MICHIGAN STATE UNIVERSITY IN EAST LANSING, MI

January 31, 2019 |

Farmington Hills, Michigan (January 31, 2019) – Alan Stern, a Vice President at Friedman Real Estate and Michele Rosenblum, Vice President at Dominion Real Estate Advisors, announced today the signing of Crunch Fitness, to lease a 27,835-square-foot building located at 2535 E Grand River … Read More

New restaurants, shops coming, going in Oakland County

January 30, 2019 |

Texas barbecue, a New York City meal and the vibe of a Parisian home are what some of the newest shops, restaurants and businesses in southeast Oakland County have to offer.

ROYAL OAK

New York City street food is the star … Read More

Southeast Michigan entertainment Jan. 25-31

January 24, 2019 |

Art

“Eyes as Big as Plates”: public reception, 5-7 p.m. Jan. 25, Detroit Center for Design + Technology’s Woodward Gallery, exhibit through April 5. Artist Ritta Ikonen will be a guest lecturer on LTU’s Southfield Campus, detroit.design.

Student Works Competition: … Read More

Commercial property values rise 35 percent in Detroit over past year

January 23, 2019 |

Commercial property values in Detroit rose 35 percent between 2017 and 2018 after the city completed its first citywide reassessment of commercial buildings in decades, Mayor Mike Duggan said Tuesday.

The overall value of commercial property in Detroit … Read More

Detroit home sale prices up, downtown much pricier than neighborhoods

January 22, 2019 |

How have Detroit housing prices fared since the economic downturn? Two new reports show that while sale prices are still low compared to other cities, downtown prices are a world of their own.

Realcomp recently released its December 2018 … Read More