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FRIEDMAN’S JAMES TUMEY SELLS CORKTOWN DEVELOPMENT SITE IN DETROIT, MI

August 7, 2018 |

Farmington Hills, Michigan (August 7, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a Corktown development site, one block from Michigan Central Train Station, located at 2019 Dalzell, 2075, 2081, … Read More

Record Supply Takes Its Toll in Detroit

August 6, 2018 |

The high number of multifamily units completed in 2017 moderated rent growth, which nevertheless continues to outpace the national average.

Detroit is moving forward with its transformation into a modern hub for mobility businesses and tech startups, despite a general … Read More

Secure Preapprovals To Win Commercial Real Estate Deals

July 24, 2018 |

The 2017 Commercial Real Estate Lending Trends Survey by the National Association of Realtors® confirmed that only 30% of all commercial real estate transactions are all-cash. That is why for the vast majority of transactions, the prospective seller and their … Read More

Construction Cost Increases Are Unrelenting

July 6, 2018 |

Construction costs are continuing on their upward trajectory, according to Turner Construction Co., whose Turner Building Cost Index rose by 1.68% from Q1 to Q2, and 5.63% since a year ago.

Attilio Rivetti, the Turner vice president responsible for compiling … Read More

FRIEDMAN’S JAMES TUMEY SELLS MIDTOWN DEVELOPMENT SITE IN DETROIT, MI

June 27, 2018 |

Farmington Hills, Michigan (June 27, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a Midtown Detroit development site, located at 4213-4228 4th Street in Detroit, Michigan.

Theidore Easter … Read More

Next Generation Of CRE Data Companies Cautiously Emerges To Challenge CoStar

June 26, 2018 |

The commercial real estate data sector is rapidly and fundamentally changing before our eyes.

Startups like VTS, Reonomy and CompStak are launching new services, charting nationwide expansions, landing venture capital investments and securing institutional partnerships. As they widen their product … Read More

Commercial Real Estate Value Factors You See Every Day

June 12, 2018 |

When you drive by a strip mall, you probably notice it in an absentminded sort of way. Maybe you get a little hungry if there is a popular restaurant you particularly like out front, or maybe you remember you had … Read More

A bubble in commercial real estate may be about to pop

April 19, 2018 |
  • Banks are ramping up the extension of commercial real estate loans
  • CRE prices peaked in 2016, and are now flat-lining, which is partially due to the downturn of malls and traditional retail.