Tag Archives: Detroit

Avison Young report filled with good industrial news

by Dan Rafter Record-low vacancies mean that industrial markets will continue to thrive throughout 2017, whether there’s uncertainty in the White House, blips in the stock market or unrest overseas. That’s the good news from the spring 2017 North America … Continue reading

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Downtown surge doesn’t miss Detroit: Rejuvenation continues in city’s center

by Dan Rafter Eric Banks says that Dan Gilbert, the businessman who founded Quicken Loans and Rock Ventures and owns the NBA’s Cleveland Cavaliers, is the rock behind the recent revitalization of downtown Detroit. It’s hard to argue with Banks, … Continue reading

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Coming back from bankruptcy: How Detroit is reaching economic stability

by Dan Rafter Economic stability. When Detroit declared Chapter 9 bankruptcy in July of 2013, getting to a stable, steady economy was the goal. And according to the latest research from JLL, it looks like Detroit is enjoying that right … Continue reading

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More than 200 fill One Woodward building for Detroit commercial real estate conference

Detroit is in the middle of a steady rebuild. That was the message shared by the biggest names during the third annual Detroit Commercial Real Estate Summit held by REJournals.com. The event, held Feb. 22 at the One Woodward building … Continue reading

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Pillar’s Wilkins: Apartment, healthcare markets heating up in Detroit

by Dan Rafter Pent-up demand. That force is fueling the rising sales, leasing and construction activity in both the multifamily and healthcare sectors in Detroit and its surrounding communities, said David Wilkins, managing director of loan originations with Bloomfield Hills, … Continue reading

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Apartment rents becoming less affordable – but at a slower pace

by Dan Rafter Apartment rents are becoming less affordable to a growing number of U.S. renters. But if you’re looking for signs of hope? The percentage of renters who are spending too much on apartment rents is at least growing … Continue reading

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An industrial market like no other? That’s what one CRE vet sees

by Dan Rafter Doug Fura, senior vice president in the Southfield, Michigan, office of NAI Farbman, has seen plenty of industrial markets during his long career. Fura, after all, has worked in commercial real estate for more than three decades … Continue reading

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