Real Estate

Greektown Casino-Hotel in Detroit to be Renamed

Penn National Gaming, the Greektown Casino-Hotel operator announced on Monday the complete $30 million renovation would be completed soon.

Abandoned Fisher Body Building Would Be Converted to Residential, Retail Under New Plan

Developers would give a facelift, new purpose to long-abandoned Fisher Body Plant No. 21.

Study: Housing Index Shows Renting Beats Buying in Eight Major U.S. Markets

BOCA RATON Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) — As the cost of housing continues to soar, deciding whether to buy a home or rent one is a virtual...

Rocket Mortgage, Salesforce Partner to Provide Mortgage Services

Rocket Mortgage and Salesforce announced a partnership to provide what officials call "transformational" mortgage services.

Economists: Leading Index Slowed, Home Sales Accelerated in September

The Conference Board’s U.S. Leading Economic Index for September increased by a modest 0.2 percent. This was the slowest gain since the index went unchanged last February. The LEI...

Prentice 4M Opens First Ann Arbor Co-Living Development

Two real estate developers have created the first hybrid working/living space in Ann Arbor.

Report: Metro Detroit Office Market Struggling, Should Be Better in 2021

While the pandemic had a negative impact on office space availability in 2020, experts expect a rebound in 2021.

Developers Break Ground on Plan to Turn Detroit’s Transfiguration School into Affordable Housing

The recently announced $7.2 million renovation of the former Transfiguration School in the Banglatown neighborhood that will see the historic building turned into affordable housing has kicked off.

Expert: Tenants, Landlords Should Talk Openly about Shifts in Space Needs Before Issues Occur...

Business owners should prepare before opening an honest, professional conversation with their landlords about space needs.

Annual Housing Outlook Offers Top Real-Estate Trends to Watch in 2021

Despite the ongoing challenges presented by the coronavirus pandemic, Real Estate experts are feeling largely optimistic about housing trends as 2021 begins.

Real Estate Market Trends Show No Slowdown as Low Mortgage Rates and Mild Weather...

Experts say the Southeastern Michigan residential housing market is going strong, with home sales moving forward due to a variety of incentives.

Apartment Rental Rates, Interest Climb as People Continue to Look to Cut Housing Costs

Single-family homes are going gangbusters, according to real estate experts, but apartment rental rates — and the demand for them — are inching up.

Residential, Condo Real Estate Grows Again in October While Hotels Struggle

Homes are selling more quickly and staying on the market for much less time, according to real estate experts. Hotels, they say, are a different story.

Michigan Developers Continue to Break Ground, Revitalize Parks and Build New Residential Projects

The pandemic has slowed, but not stopped, a variety of building and revitalization projects around the state.

Report: Metro Detroit Office, Industrial Spaces Still Seeing More Vacancies Due in Part to...

With so many companies shifting to work-at-home mode, researchers found more and more office and industrial real estate spaces coming open.

Bedrock Unveils Retail, Residential Renovation in Former Freep Building

Detroit-based Bedrock used a media tour Wednesday to unveil the retail and residential renovations it has made in the former Free Press building on W. Lafayette.

Expert: Estate Sales Booming as People Look to Downsize Homes or Move to New...

With people wanting to downsize their homes for various reasons, or moving to a place they can work remotely, the estate-sale business is beginning to boom.

United Wholesale Mortgage Going Public in $16 Billion Merger

United Wholesale Mortgage announced a merger with Gores Holdings IV officials say will value the company at some $16.1 billion.

Experts: Real Estate Industry Can Expect a Busy Fall Thanks to Hungry Buyers and...

Hungry buyers and a limited inventory should keep the real estate hopping this fall, according to the experts.

Experts: Commercial Real Estate Industry Sees Hardships Yet Continues to See Hope on the...

The commercial real estate industry has been among COVID-19's hardest hit, but industry experts do say there's a ray of hope on the horizon.

LATEST ARTICLES

APACC’s Gala Honors AAPI Community

The Asian Pacific American Chamber of Commerce honored the Asian American Pacific Islander community with its 23rd annual gala.

$50 Million Federal Grant to Bolster Clean Energy Transition

A $50 million federal grant is designed to bolster efforts to transition to clean energy.

Ford Fund Rebrands as Ford Philanthropy

Ford officials say rebranding charitable arm "reflects Ford's 75-year legacy" in communities around the world.
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