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Economy Watch: Median Rents Up In November in Most Markets

December 6, 2017 |

The national median rent for one-bedroom apartments dropped for most of the year, but recovered beginning in September, according to a recent ABODO report.

The national median rent for a one-bedroom apartment is up to $1,040 in December, or a … Read More

Gilbert adds Buhl Building, Harvard Square Centre to portfolio

December 4, 2017 |
  • Dan Gilbert adds historic skyscraper, Broadway building to downtown Detroit portfolio
  • Separate deals include 652-space parking garage
  • “Significant” investment expected at all three properties

Detroit real estate and mortgage maven Dan Gilbert has purchased three more downtown … Read More

Top Multifamily Amenities and Services to Consider Next

December 4, 2017 |

Panelists speaking at the 2017 Marcus & Millichap Multifamily Forum in Dallas acknowledged that multifamily’s techno buzz is alluring but advised keeping a finger on the human touch when considering what amenities to pursue in the future. The expense and … Read More

Top 10 Cities With the Largest Rent Increases

December 4, 2017 |

The Rent Is Too Damn High is an actual political party in New York City that has nominated candidates for mayor since 2005. But the Big Apple isn’t the place where rents are climbing fastest. SmartAsset set out to find … Read More

Abandoned Warehouses Are Being Transformed Into Popular Mixed-Use Developments

December 1, 2017 |

Outdated warehouses of the past are being resurrected to accommodate a new future. But that future is edging some people out of town.

Sears was once large enough to require 1M SF warehouses and distribution centers across the country, but … Read More

Three Reasons Why Land Deals In Multifamily Are Trending Upward

November 30, 2017 |

Typically, commercial real estate professionals are much more cautious and uninterested in buying land for multifamily development during this stage of the market cycle we’re currently in, since land is usually purchased after the market peaks — meaning rents on … Read More

Detroit: The Most Exciting City in America?

November 20, 2017 |

I’ve always found the best way to read a city’s mood is on a bicycle. You move at a speed that allows for a kind of mutual handshake with the urban topography.

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Mapping Detroit’s construction boom

November 13, 2017 |

Detroit is seeing a resurgence in development that it hasn’t seen in decades. Two large projects—the Little Caesars Arena and the QLINE—were recently completed, and so many more are on the way. For this map, we’ve included 24 of the largest developments … Read More