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Economy

A Look at Retail’s Future

May 22, 2018 |

ICSC’s RECon 2018 in Las Vegas kicked off with Professional Development Day and panels and workshops focused on trends in retail. One of the first panels of the morning was an outlook on the next 25 years in retail with … Read More

Commercial, Multifamily Borrowing Up 1 Percent Annually in U.S.

May 22, 2018 |

According to the Mortgage Bankers Association’s latest Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, first quarter 2018 commercial and multifamily mortgage loan originations increased one percent compared to the same period last year and, in line with the seasonality of market, … Read More

Opening Set For New Retail And Entertainment Space Along Detroit’s Dequindre Cut

May 18, 2018 |

DETROIT (AP) — A new retail and entertainment gathering space made of repurposed shipping containers is opening up along Detroit’s Dequindre Cut Greenway.

A public unveiling of the Dequindre Cut Freight Yard takes place Saturday. An event is planned featuring food, … Read More

FRIEDMAN’S JOEL KESTENBERG AND STEVEN SILVERMAN SELL 22,000 SF INDUSTRIAL BUILDING IN MADISON HEIGHTS, MI

May 18, 2018 |

Farmington Hills, Michigan (May 18, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a 22,000 square foot industrial building located at 2 Ajax Drive in Madison Heights, Michigan. The seller, Kam Kam Holdings LLC, sold the property to Ajax Real Estate Holdings LLC.

Joel Kestenberg and … Read More

Historic Frederick K. Stearns House lists for $1.195M

May 18, 2018 |

A historic mansion leading into West Village from East Jefferson is now for sale. Used for offices in recent years, the home was built for Frederick K. Stearns by Stratton and Baldwin in 1902. William Stratton later married Pewabic Pottery … Read More

Four Ways to Take Care of Multifamily Investors

May 17, 2018 |

When you’re an apartment owner and operator, you have several constituencies to take good care of.

First, there are the prospects. Owner/operators spend a considerable amount of time developing marketing campaigns to attract potential residents and training their on-site staff … Read More

Growth In America Is Tilting To Smaller Cities

May 17, 2018 |

We are often told that America’s future lies in our big cities. That may no longer be entirely true. Some of the strongest job creation and population growth is now occurring in cities of 1 million people or less.

In … Read More

Smoothie King plans to expand to Michigan, open 50 juice bars

May 16, 2018 |

NEW ORLEANS, May 16, 2018 /PRNewswire/ — Smoothie King, the leading smoothie company with more than 960 locations worldwide, continues its record-setting growth with a new franchise partner that will bring the brand to Michigan in 2018.

Christopher Klebba, president of Northern Diamond Management, and … Read More