Detroit
Astral Weeks Buys Redevelopment Opportunity in Detroit
The New York-based company now owns a half acre site in the rapidly growing Brush Park neighborhood.
Senior Housing Portfolio in Suburban Detroit Lands New Owner
The buyer is an affiliate of Chicago-based private equity firm Green Courte Partners LLC.
Luxury Student Housing Project in Allendale Gets $21M Loan
Leasing is already open for the two- and four-bedroom units available in the fall of 2017.
Detroit Resumes Blight Removal Program, Receives $42M in Funding
The procedures for the implementation of the program have changed after a two-month assessment by the MSHDA at the Detroit Land Bank.
Moceri Tees Up $300M Golf Community in Detroit Suburb
Catering to the 55-and-up market, the Verandas project in Sterling Heights, Mich., will incorporate the redesigned Maple Lane Golf Club.
Develop Detroit Launches First Communities
The non-profit development firm has acquired two multifamily buildings in Detroit’s New Center area, which it plans to renovate and expand.
City of Detroit Replaces Wigle Rec Center with Residential Units
The redevelopment of two key city-owned parcels will bring 200 new residential units to Midtown Detroit, including affordable apartments.
Yardi Matrix: Detroit — Transforming from the Core
Multifamily Summer Report 2016: Nearly 1,800 housing units are scheduled for completion in 2016, a 600 percent increase compared to 2015.
UnitedHealthcare Bets $17M on Affordable Housing
Two new developments will provide housing and support services for low- and moderate-income individuals, families and veterans in Michigan.
Detroit’s Blight Removal Program Hits Major Milestone
The program aimed at reviving the city’s neighborhoods translates into an average of 75 houses demolished each week.