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Multifamily

How Small Businesses Will be Affected in 2017

March 27, 2017 |

Jared Friedman, manager of acquisitions and opportunities at Friedman Integrated Real Estate Solutions, reveals the main challenges for small businesses in real estate and why this year will mark a shift from multifamily to commercial.

Detroit—With 2017 expected to be … Read More

Ferndale Approved Lot Sales for Shipping Container Homes

March 15, 2017 |

Ferndale, MI – The trend of Shipping Container home construction will soon be taking root in Ferndale as two city-owned properties were sold Monday to individuals looking to place such homes on the now-vacant lots.

208 Pinecrest is located one … Read More

The Urban Condo Boom Has Reached Its Final Frontier: Detroit

March 6, 2017 |

DETROIT—When David Di Rita first tried to develop luxury apartments in this city’s downtown, entire skyscrapers were vacant, storefronts were boarded up, drugs were peddled openly and most of the neighborhood’s residents were squatters.

The project flopped before it got … Read More

Pillar’s Wilkins: Apartment, healthcare markets heating up in Detroit

March 2, 2017 |

Pent-up demand. That force is fueling the rising sales, leasing and construction activity in both the multifamily and healthcare sectors in Detroit and its surrounding communities, said David Wilkins, managing director of loan originations with Bloomfield Hills, Michigan-based commercial lender … Read More

Top 10 Amenities Renters Can’t Resist

March 2, 2017 |

To be a successful landlord, you need to give your tenants what they want.

Think of it this way: You wouldn’t want to be in the surfboard business in the Midwest, but you might in a Southern California beach community.

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More good news for multifamily brokers, developers: Number of renter-dominated cities keeps growing

March 2, 2017 |

Here is some good news for brokers and developers working in the multifamily business: In 21 U.S. cities with a population of 100,000 or more, more than 50 percent of the households are made up of renters, And according to … Read More

Yardi Matrix: Detroit, Approaching the Fast Lane?

February 28, 2017 |

Detroit is steadily overcoming its resonant collapse and continuing its recovery from the Great Recession.

Detroit is steadily overcoming its resonant collapse and continuing its recovery from the Great Recession. With the automotive industry regaining its footing and with manufacturing … Read More

What’s Being Built in Ferndale? Check Out These Developments

February 22, 2017 |

Ferndale, MI – Ferndale is the hot spot for development these days, with several apartment buildings and other construction projects in the works. If all these projects are successful, there will be at least 428 apartments as well as an … Read More