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5 major ways millennials are changing office culture and design

April 24, 2018 |

Millennials are changing office culture in visible ways — you can see it in the design sensibilities of modern workplaces and the thoughtfulness of office layouts. But they are also making figurative improvements which can be a little more difficult … 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.

South Korean Investors Load Up On U.S. Commercial Real Estate Debt

April 19, 2018 |

South Korean investors, on the hunt for higher returns and asset diversification, are making their way into U.S. real estate debt with renewed eagerness. More, in fact, than investors from any other country.

As of mid-April, investors based in South Korea … Read More

Belgian auto supplier to build headquarters in Metro Detroit, adding 87 jobs

April 19, 2018 |

Excerpt:

A global technology and service provider for commercial vehicles is building its North American headquarters in Auburn Hills.

Belgium-based WABCO Holdings, Inc. is building a 102,000-square-foot facility with plans to add 87 new jobs in the next three years, … Read More

FRIEDMAN AWARDED MANAGEMENT AND LEASING OF SPECTRUM OFFICE CENTER IN FARMINGTON HILLS, MICHIGAN

April 18, 2018 |

Farmington Hills, Michigan (April 18, 2018) – Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, was recently awarded management and leasing of Spectrum Office Center located at 32000 Northwestern Highway in Farmington Hills, Michigan.

Read More

Northville Downs to be redeveloped as 500-600 apartments, townhouses, homes

April 17, 2018 |
  • Homebuilder Hunter Pasteur Homes is under contract to buy site
  • Race track to remain open until development begins
  • Owners are looking to relocate to site “in close proximity to its current location”

Farmington Hills-based homebuilder Hunter Pasteur Homes … Read More

West Elm hotel chooses new site on Woodward; slated for 2020 completion

April 17, 2018 |
  • First announced for Midtown site in 2016
  • Construction expected to begin next year at a new site
  • The Roxbury Group has entered into an agreement as developer

Construction on the planned West Elm hotel in Detroit is expected … Read More

Fannie Mae and Freddie Mac Continue to Dominate Apartment Lending

April 17, 2018 |

Agency lenders are making more permanent loans than ever on apartment properties.

Freddie Mac and Fannie Mae lenders are providing the overwhelming majority of permanent loans to apartment properties.

“Fannie Mae and Freddie Mac are probably still the premiere lenders for … Read More