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Out-of-State Buyers Flock to Miami

February 12, 2019 |

A growing list of public officials in high-tax states are expressing alarm that big earners are bolting to low-tax states as new data suggests some home buyers are moving in response to the year-old change in the federal tax law.

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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

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

3 Key Takeaways from Chicago’s CRE Forecast Conference

January 14, 2019 |

Friedman had the pleasure to be a sponsor at the 17th Annual CRE Forecast Conference at the Hyatt Regency in Chicago, IL last week. The event invites Commercial Real Estate talent from across the Midwest to join in collaborating on … Read More

Investors, Do You Know Your Multifamily Loan Options?

December 27, 2018 |

Choosing the right multifamily loan option can be daunting. The tidal wave of information available to us every time we touch our phones is intimidating, to say the least. Even the savviest real estate investors are cognizant of the … Read More

These before and after photos reveal how much Detroit has changed

December 19, 2018 |

For decades, Detroit has been America’s underdog. The city has scrapped and fought its way through racialized urban planning during white flight, deindustrialization, and a massive recession. Through all of this, at times, Detroit has been down – but never out.  Just … Read More

GM gears up for sale of downtown Millender Center

December 18, 2018 |

Photo: Costar

General Motors Co. has started legal steps that would allow it to sell the downtown Millender Center to potentially more than one buyer.

The building at 333 E. Jefferson is across the street from … Read More

Detroit Neighborhoods Receive $35M in Commitments for Improvements

December 13, 2018 |

Detroit neighborhoods will get $35 million in commitments from seven companies, Mayor Mike Duggan and company executives announced today.

AAM (American Axle & Manufacturing), Blue Cross Blue Shield of Michigan, Chemical Bank, Fifth Third Bank, Flagstar Bank, Huntington Bank, and … Read More