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Moody’s: Detroit is ‘credit positive’ on pension plan

March 22, 2017 |

Detroit — Moody’s Investors Service is taking note of the city’s plan for a dedicated fund to cover its future pension costs, a move the administration hopes will lead to an improved credit rating.

Moody’s, in a report released Monday, … Read More

Downtown Ferndale building boom coming soon

March 21, 2017 |

Downtown Ferndale is ready to boom this year with construction getting underway on two large mixed-use apartment buildings and the city’s first public parking deck.

Some preliminary ground work has already begun on the first phase of the Ferndale Haus … Read More

Top 10 Cities Where Downtown Is Making a Comeback

March 20, 2017 |

In some respects, “downtown” is a uniquely American invention—considered by die-hard urbanites to be as much a state of mind as a physical location. But make no mistake: Downtown is also a place. The term was coined in New York … Read More

Specialty REITs Eating More of the Pie

March 7, 2017 |

A new wave of specialty REITs is outpacing the slowing growth of the larger sectors. The REIT market has traditionally focused growth on the major commercial property types, which have performed especially well during the long recovery from the Great … Read More

Royal Oak Approves Redevelopment Plan for Closed Northwood Shopping Center

March 1, 2017 |

Beaumont Health has received final approval from the Royal Oak City Commission on a zoning change that clears the way for redevelopment of the former Northwood Shopping Center at the southwest corner of Woodward Avenue and 13 Mile Road.

Groundbreaking … Read More

Oakland’s January business investment tops $114M, highest since 2004

February 23, 2017 |

In January alone, the county topped $114 million in investment, seeing 15 companies — nine of which are foreign-based — either expand or relocate to the county.

Steve Huber, marketing and communications officer for Oakland County Economic Development and Community … Read More

The Fed is starting to get worried about the $2 trillion commercial real estate market

February 16, 2017 |

The fear of what Fed Chair Janet Yellen on Tuesday – and other Fed governors earlier – called “waiting too long” before raising interest rates is increasingly inserting itself into Fed pronouncements. One of the aspects – and this is … Read More

Eight trends in commercial real estate

February 14, 2017 |

Gone are the four basic sectors of commercial real estate: retail, office, industrial and multi-family. They are still very much a part of many portfolios, but the investor and broker will need to consider several new categories.

Real estate investors … Read More