David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Michigan - MI
Dwight Mortgage Trust Lends $88.5Mln Against Apartments in Suburban Detroit
Dwight Mortgage Trust has provided $88.5 million of financing to facilitate Pepper Pike Capital Partners' purchase of the 1,046-unit Waverly on the Lake apartment property along Belleville Lake in suburban Detroit. The price Pepper Pike, of Orange Village, Ohio, paid ...
Fulton Place
Rockford Construction Co. of Grand Rapids was the seller
Grand Rapids, Mich., Apartment Property Sells for $21Mln
Crain's Chicago Business An affiliate of Winnemac Properties has paid $21 million, or $205,882/unit, for Fulton Place, a 102-unit apartment complex in Grand Rapids, Mich. The Chicago investment firm purchased the property from its developer, Rockford Construction Co. of Grand ...
Grand Rapids, Mich., Retail Property Sells for $70Mln
Crain's Grand Rapids Business. Bridge33 Capital has paid $70 million, or $157.41/sf, for the 444,709-square-foot Shops at CenterPoint in Grand Rapids, Mich. The Seattle company purchased the retail property from DRA Advisors and Pine Tree, which had acquired it in ...
Oakland Plaza
The property, at 260-395 John R. Road, now is 97 percent leased. Among its latest tenants are DSW, Rally House and Kids Empire. The company also renovated the property, including repaving its parking lot and replacing light fixtures.
Continental Realty Sells Mich. Retail Property for $25.6Mln
Continental Realty Corp. has sold the 167,000-square-foot Oakland Plaza retail center in Troy, Mich., for $25.6 million, or just more than $153/sf, to RCG Ventures of Atlanta. Continental, a Baltimore investment manager, had purchased the property in 2021 from Urban Retail ...
Loan Against Mich. Shopping Mall Pays 7.35 Percent Coupon
Commercial Real Estate Direct Staff Report The $80 million loan that Starwood Property Trust had provided against the Woodland Mall in Grand Rapids, Mich., has a five-year term and pays a coupon of 7.35 percent. The loan, which requires only interest ...
Starwood Lends $80Mln Against Mich. Shopping Mall
Commercial Real Estate Direct Staff Report Starwood Mortgage Capital has provided $80 million of mortgage financing against the Woodland Mall shopping center in Grand Rapids, Mich. The loan allowed the property's owner, Pennsylvania REIT, to retire what had been a ...
14741 Laplaisance Road
A Delaware Statutory Trust sponsored by Four Springs has paid $139.5 million, or $126.82/sf, for the 1.1 million-square-foot industrial property at 14741 Laplaisance Road in Monroe, Mich. InSite Real Estate of Murray, Utah, was the seller. Colliers arranged $76.7 million ...
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