City: Detroit

REBusiness Online Opus Group has broken ground on a 275,401-square-foot industrial property at 15100 Eight Mile Road in Oak Park, Mich., about 15 miles northwest of Detroit. The Minnetonka, Minn., developer expects the property to be completed in December. It ...

Commercial Real Estate Direct Staff Report Continental Realty Corp. has paid $34 million, or $86.68/sf, for two shopping centers with a combined 392,237 square feet that are next to each other in the Detroit suburb of Troy, Mich. The Baltimore ...

REJournals A venture of Oxford Capital Group and Hunter Pasteur has broken ground on the 227-room Godfrey Hotel in Detroit. It is slated for completion in 2023. Oxford Capital, of Chicago, and Hunter Pasteur, of Farmington Hills, Mich., are building ...

An affiliate of Oxford Capital Group LLC has bought the 453-room Westin Book Cadillac hotel in downtown Detroit. The sales price was not disclosed. An affiliate of the Ferchill Group of Cleveland was the seller. As part of its purchase, ...

Multi-Housing News A venture of Beztak Properties and Grand/Sakwa Properties has welcomed the first tenants to the 192-unit Town Court apartment property in Bloomfield, Mich. The Farmington Hills, Mich., companies developed the three-story property at 7110 Orchard Lake Road, about ...

Dwight Capital has provided $34.5 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program against the 254-unit Central Park Estates apartment property in the Detroit suburb of Novi, Mich. The loan allowed the property's owner, ...

Greystone has provided $27.8 million of financing under the U.S. Department of Housing and Urban Development's section 223(a)(7) program for the 383-unit Solaire Apartments in Southfield, Mich. The 35-year loan allowed Loop Investments of Lincolnwood, Ill., to retire a previous ...

Commercial Real Estate Direct Staff Report The $77 million CMBS loan against the 453-room Westin Book Cadillac hotel in downtown Detroit could be on the road to foreclosure. The loan is split into a $45 million piece that's securitized through ...

Asia Capital Real Estate has provided $78.5 million of financing against the 288-unit City Club Detroit apartment property in downtown Detroit. The six-story complex, which is expected to open to tenants next month, is being developed by City Club Apartments ...