Real Estate

Detroit Real-Estate Firm Bedrock Hires California Architect, Planner as New CEO

A West Coast transplant will head up one of Detroit's prime real estate gigs when Kofi Bonner takes over as the CEO at Bedrock next month.

Report: Metro Detroit Home Sales See First Year-Over-Year Increase Since Beginning of COVID-19 Impact

Good news in what has been a challenging year: The latest housing report from RE/MAX of Southeastern Michigan says year-over-year home sales are up.

Housing Prices, Other Key Home Stats Take ‘A Big Step Forward’ in June, Market...

The news about the area's housing market proved to be better than anticipated, according to market experts.

Metro Detroit’s Home Sales Take Deep Dive in May

A national housing report points out that the housing market didn't have a very good May, with home sales dropping 70.2% in Metro Detroit, the largest year-over-year drop in the country.

Experts: Commercial Real Estate Needs to Rethink Office, Retail and Other Spaces

Experts say it may take a few months to see the big picture of how COVID-19 has impacted the commercial real estate market.

Detroit’s Bedrock Extends Its Offer to Help Its Small-Business Tenants During Pandemic

As Michigan businesses continue to grapple with the impact of the governor's stay-at-home orders, Bedrock announced Thursday it had created a second phase to its rent-relief program for its tenants, offering a benchmark for how companies can help tenants as the economy reopens.

Report: Metro Detroit Home Sales Tumbled 47.7 Percent in April

While housing sales continued to drop in April, critical metrics show buyers and sellers are still very much in the market.

Michigan Real Estate Businesses Prepare to Fully Get Back to Work with Governor’s Blessing

As real estate agents and their firms become among the first industries to get the “go ahead” to get back to work during the coronavirus crisis, experts are saying it's going to take patience, technology and a focus on making sure all related parties don’t mess it up.

Southeast Michigan Home Sales Fall in March as Real Estate Market Adjusts to the...

The housing market in southeast Michigan looked good early in the year, leaving real estate agents hopeful of a strong 2020. Then came the pandemic, and the numbers started crashing.

Report: Real Estate Market Shows Early Effects of Economic Impacts of Crisis

Indications are that the stay-at-home orders and skyrocketing unemployment numbers are having a negative effect on the real estate market.

Real-estate industry braces for COVID-19 impact on home buying, selling

Local real estate experts are continuing buying and selling, although it's not yet known what the long-term impacts of COVID-19 might be.

Bedrock waives rent, Fiat makes masks, calls for end to school year among COVID-19...

Metro Detroit companies of all shapes and sizes are working together to fight the economic effects of COVID-19.

Somerset Collection closes, will work with Detroit Rescue mission

In keeping with Michigan Gov. Gretchen Whitmer's mandate and in conjunction with its retail partners, Somerset Mall closed its doors Wednesday in a move expected to last through at least March 27.

Looking for a cool meeting spot? Head to Detroit to see the Motown AirBnb

Meetings are a part of working life – but that doesn’t mean you need to hang out at your everyday office or lunchroom if you’re planning a big strategy...

‘On the dot’: Ferndale kicks off mixed-use redevelopment project

A long-vacant spot in Ferndale is set to be home to a multi-use redevelopment project that will feature parking, retail and office space.

Real estate and construction company celebrates its 45th anniversary and growth

Family-owned businesses are the bread and butter of any community, and Metro Detroit is home to many examples of successful companies where multi-generational owners are the norm. In October,...

Detroit’s Woodbridge neighborhood is looking for office, retail redevelopment

Detroit’s impressive real estate development spree has turned downtown and Midtown into hot spots where people want to work, play and eat. Now, Woodbridge wants its turn. This historically relevant...

Bedrock tabs Detroit firm ODA as Book Tower architect

The architect of the renovation of the iconic Book Tower building plans to uphold the vision of the Book brothers, for whom the tower is named.

Metro Detroit office market still healthy and growing, expert says

Metro Detroit’s office market just keeps growing and vacancies in hot cities such as Detroit, Troy, Southfield and Birmingham are likely to continue to decline as more businesses look...

Detroit’s innovative commercial interior-design studio dPOP to become Pophouse

Some of Detroit’s most creative and beautiful spaces – think of an old bank vault being turned into a dramatic conference room – have happened because of the team...
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