Monthly Archives: December 2011

Will rising rents send consumers back to the housing market?

The wave of housing foreclosures that has swept the country — RealtyTrac reported that foreclosure filings were made on 610,337 U.S. properties in the third quarter, an increase of less than 1 percent from the previous quarter — has had … Continue reading

Posted in multi-family, national commercial real estate | Tagged , , , | 2 Comments

Catering to renters by choice in Minneapolis

Future residents of Minneapolis’ Vue apartment development will rent here not because they can’t afford a monthly mortgage payment. They won’t call this community home because they lost their single-family homes to foreclosure or don’t have high enough credit scores … Continue reading

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Arbor makes history with loan for apartment complex in Michigan

  Arbor Commercial Mortgage’s $18 million FHA-insured loan for the refinancing of College Towne West Apartments in Lansing, Mich., doesn’t look unusual at first glance. But this loan is actually an historic one: It’s the nation’s first FHA-insured loan using … Continue reading

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Leopardo protects his Blind Side

Before the film “The Blind Side” became a box office hit and its story was familiar to millions, Jim Leopardo,  founder and CEO of Hoffman Estates-based Leopardo Cos.,  was involved in a similar story that netted almost identical results. Not … Continue reading

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Offering an alternative to LEED certification

Founded in 2010, the East Lansing, Mich.-based Society of Environmentally Responsible Facilities provides the nation’s only alternative to the U.S. Green Building Council’s LEED certification. The founders of this organization, known more commonly by its acronym of SERF, say that … Continue reading

Posted in Michigan commercial real estate | Tagged , , , | 1 Comment

Sad in Detroit and St. Louis, happy in St. Paul, Omaha and Madison?

Men’s Health Magazine recently published a list guaranteed to anger the residents of at least 100 cities, unless, of course, these residents are too depressed to work up a good lather. Yes, the magazine in late November released its list … Continue reading

Posted in Detroit commercial real estate, Kentucky commercial real estate, Louisville commercial real estate, St. Louis real estate, Wisconsin commercial real estate | Tagged , , , , , , , , , , | 2 Comments

What makes a commercial real estate Hall of Famer? Find out this month

The December issue of Midwest Real Estate News is easily my favorite of the year. That’s because it’s when we run our annual Commercial Real Estate Hall of Fame. The odds are good that you know how this works: We … Continue reading

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