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 ...
REJournals VennPoint Real Estate has paid $29.1 million, or $388,000/unit, for the Harrison, a 75-unit apartment property in Royal Oak, Mich., a suburb of Detroit. The Schaumburg, Ill., investor was represented by Income Property Organization in the deal with an ...
REJournals Buligo Capital Partners has acquired the 238,334-square-foot industrial building at 6501 East Nevada Ave. in Detroit. The Israeli investment firm purchased the property from Manchester Detroit LLC in a deal brokered by Signature Associates. The sales price could not ...
Commercial Real Estate Direct Staff Report Fitch Ratings has downgraded five classes of COMM, 2012-CCRE1, because of concerns it has with the ability of two large mall loans to get refinanced by their maturity. The transaction has been whittled down ...
Kaufman & Jacobs LLC has paid $45 million, or $232.14/unit, for Tel-Twelve Place, a 193,850-square-foot retail center in Southfield, Mich., which is 20 miles northwest of downtown Detroit. The Chicago investment firm purchased the property from RPT Realty, which was ...
A fund managed by DRA Advisors has partnered with retail specialist Pine Tree to pay $63.5 million, or $118/sf, for the Shops at CenterPoint, a 537,948-square-foot open-air shopping center in Grand Rapids, Mich. The venture bought the 62-year-old property, at ...
Commercial Real Estate Direct Staff Report The $65.08 million CMBS loan against the Southland Center Mall in the Detroit suburb of Taylor, Mich., defaulted at its maturity last month. The loan is the second largest in the collateral pool for ...
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