Detroit

FOURMIDABLE Assumes Management of 2 Midwest Properties

The communities total 404 apartments located in Michigan and Missouri.

VanWest Purchases Michigan Self Storage Portfolio

The acquisition includes two properties in Detroit and three facilities in Grand Rapids.

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Detroit Multifamily Report – Winter 2021

Following a relatively bumpy year, fundamentals should get a boost from federal support and an accelerating vaccine rollout.

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Detroit Multifamily Report – Fall 2020

While the metro’s economy recorded a steep drop, rent growth remained resilient, heavily outperforming the U.S. average.

Detroit Builder Lands $79M Loan for Luxury Project

Asia Capital Real Estate provided the bridge financing for the final phase of the development by City Club Apartments.

Landmark Properties Expands Student Housing Portfolio

The four communities will add a total of 3,100 beds across Georgia, Florida, Michigan and Washington.

Detroit Revitalization Project Breaks Ground

Slated for completion in late 2021, the 68-unit development is located in the Sugar Hill Arts District.

Detroit Multifamily Report – Summer 2020

While rental rates proved resilient during the first half of 2020, the metro might be looking at a prolonged recovery.

Top 5 Midwestern Markets for Multifamily Development

Construction projects in five metros account for more than 60 percent of the region’s units underway, according to Yardi Matrix data.

City Club Apartments Kicks Off Detroit Redevelopment

The $25 million project will update the 1974-built tower and designate 20 percent of the units as affordable for the property’s current residents.