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Detroit Athletic Club Set for $11 Million Renovation

An $11 million project at the Detroit Athletic Club will renovate overnight rooms and modernize the club's kitchen.

Various Factors Presenting Commercial Real Estate Challenges

Interest rates are climbing and there's a fear of a looming recession as companies ponder their needs in the commercial real estate market.

Parade Company Targets Iconic Brodhead Armory as New Headquarters

In search of a new home and establishing new and improved roots, The Parade Company is fundraising in its quest to purchase the Brodhead Armory.

Real Estate Markets Stabilizing Following Turbulent Period

Despite still-looming challenges, experts say real estate markets have reason to be optimistic.

Farbman Group Expands Midwest Talent With New Hires

SOUTHFIELD, Mich. — Farbman Group, a full-service commercial real estate company, announced five new team members have been hired across the firm’s Midwest portfolio. “We are thrilled to welcome five...

Various Factors Presenting Commercial Real Estate Challenges

Factors ranging from lingering effects of the pandemic to rising interest rates are having an impact on the commercial real estate market across the state.

D.A. Blodgett-St. John’s Opens $13.9 Million Facility as Part of Campus Integration Plan

GRAND RAPIDS, Mich. —  D.A. Blodgett - St. John’s recently cut the ribbon on its 43,000 square feet, $13.9 million headquarters facility on the organization’s expanded 36-acre wooded campus...

Fourth-Generation Leader Knows Where Success Lies: In Company’s Legacy

Barton Malow President/CEO Ryan Maibach, a fourth-generation leader, knows where the keys to the company's success lies: In its legacy.

Gino Roncelli Named President/CEO at Roncelli, Inc.

STERLING HEIGHTS, Mich. – Roncelli, Inc. – one of Michigan’s largest construction services companies,  with operations in the U.S. and Canada – announced recent changes to its executive...

Farbman Group Founder Burton Farbman Dies at Age 80

Burton Farbman, who founded the Southfield-based Farbman Group in 1976. died July 1. He was 80.

Graphite Manufacturer to Add 45 jobs, Invest $10 Million to Expand Location in Greenville

GREENVILLE, Mich. — The Right Place, Inc., in collaboration with the Montcalm Economic Alliance and Michigan Economic Development Corporation, announced that graphite machining, molding and manufacturer Mersen USA will...

With Funding Flowing, Ronald McDonald House Set to Handle Health-Care Needs

Fundraising campaign helps Grand Rapids-based Ronald McDonald House grow to meet rising West Michigan health-care needs.

West Michigan’s Largest Event Rental Service Expands to Ann Arbor in New Deal

Ann Arbor, MI - Alpine Events, the go-to event rental service in West Michigan, is announced the opening of a new location in Ann Arbor. Alpine Events acquired the event...

Taubman College Selects Bill Bubniak as Director of Real Estate Initiatives 

SOUTHFIELD, Mich. — Bill Bubniak, attorney, licensed real estate broker and 35-year veteran of NAI/Farbman, has been named associate professor of practice in urban and regional planning as well...

GM Investing $920 Million in Ohio Truck Plant

General Motors announced this week it will invest some $920 million in an expansion of operations at its Ohio diesel engine plant for production of future internal combustion engine heavy-duty...

The Right Place Seeks Projects for Revitalization and Placemaking 2.0 Grant Program

GRAND RAPIDS, Mich. — Regional economic development organization The Right Place, Inc. is seeking public-placemaking projects to include in a regional grant application for the Revitalization and Placemaking (RAP)...

Existing-Home Sales Surged in February, Ending 12-Month Streak of Declines

WASHINGTON — Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS. Month-over-month sales rose...

Lawmaker Wants Different Property Tax Assessment on Big Box Stores

New legislation being proposed by a Michigan lawmaker would change the way the state would calculate tax obligations for big box stores.

Study: Housing-Related Sectors Soften, Experiential Spending Drives Growth

PURCHASE, N.Y. (Business Wire) — According to Mastercard SpendingPulse, U.S. retail sales excluding automotive increased +11% year-over-year in September. E-commerce sales continue to grow, up +10.7% YOY, highlighting the ongoing demand...

Expert: Housing Slowdown Deepens in June and July; Housing to Drag on GDP

• Existing home sales fell more than expected in June, with the largest decline in the West, where affordability is most stretched. • Home sales continue to fall in July,...
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