New Solutions to Housing Affordability
Rising construction costs are complicating efforts to meet demand for low-income housing. But new collaborations and the President’s recently announced plan offer possibilities for success.
CPC Mortgage Closes $106M Loan for Michigan Affordable Portfolio
The financing will be used to acquire and preserve more than 1,600 units across the state.
Detroit Multifamily Report – March 2022
Motor City’s rental market regained a lot of ground over the past year.
Bedrock Detroit on the City’s Ongoing Recovery
Insights from CEO Kofi Bonner on the multifamily market’s steady growth.
The GSH Group Picks Up 2 Michigan Assets for $200M
The firm has added more than 1,000 units to its portfolio.
Detroit Multifamily Report – Fall 2021
The market’s recovery is well underway, with all fundamentals registering gains.
SpareBox Storage Closes Massive Midwest Acquisition
The company expanded its footprint by 1.9 million square feet.
Detroit Multifamily Report – Summer 2021
Despite economic crosswinds, the city’s fundamentals are steadily improving.
Beztak Properties Opens Suburban Detroit Luxury Community
The 192-unit property is located some 24 miles from the metro’s core.
Dwight Capital Closes $35M Loan for Detroit-Area Asset
The HUD loan retires another agency-backed loan for the 254-unit community in Novi, Mich.