Detroit
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.
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.
Detroit Multifamily Report – Winter 2021
Following a relatively bumpy year, fundamentals should get a boost from federal support and an accelerating vaccine rollout.
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.