State: Michigan - MI

Commercial Real Estate Direct Staff Report Berkadia has provided $33.8 million of Freddie Mac mortgage financing to facilitate LG Capital's purchase of three apartment properties with 449 units in Midland, Mich. LG Capital, of Milford, Mich., purchased the three properties ...

Woodtv.com Magnus Capital Partners will break ground this month on HōM Flats at Maynard, a 240-unit apartment property in Grand Rapids, Mich. The local developer is building the property at 526 Maynard Ave. NW. It will have one-, two- and ...

Southland Center Mall in the Detroit suburb of Taylor, Mich., has been appraised at a value of $66.9 million, down from the $114.4 million appraised value given 10 years ago, when a $78.75 million CMBS loan was written against it. ...

Seniors Housing Business KIRCO has opened Monark Grove Clarkston, a 148-unit seniors housing property in Clarkston, Mich. The Troy, Mich., developer broke ground for the property, at 7373 Sashabaw Road, in April 2021. It is 40 miles north of Detroit ...

REBusiness Online Scannell Properties has broken ground on a 243,770-square-foot industrial property in Romulus Corporate Park in Romulus, Mich. The Indianapolis developer is building the property at 32252 Smith Road, about 20 miles west of Detroit. The property will have ...

Greystone has provided $22.6 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program for Aria of Shelby, a 96-unit apartment property in the Detroit suburb of Shelby Township, Mich. The loan allowed its developer, Lombardo ...

Commercial Real Estate Direct Staff Report RiverTown Crossing Mall in suburban Grand Rapids, Mich., has been appraised at a value of $68.9 million, well less than the $128.73 million that is owed against it. The 1.27 million-square-foot shopping center is ...

Thompson Thrift is planning to build BLVD at Wilson Crossings, a 344-unit apartment property in Wyoming, Mich. The Indianapolis developer will build the property at the intersection of Wilson Avenue SW and 64th Street SW, about 12 miles south of ...