Research Center - Detroit

  • 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.

    08 September 2016 19:56
  • Job Growth, Increased Apartment Demand Expected to Revitalize Detroit

    Detroit may be bankrupt, but its thriving real estate market could be a veritable lifebelt leading to the city’s recovery.

    13 February 2014 19:50
  • Detroit’s Quicken Loans Is the No. 1 Place to Work in IT

    Computerworld, an online publication that provides technology news and information for information technology leaders, has recently revealed its annual “100 Best Places to Work in IT” list, a comprehensive report that recognizes a company’s core culture such as employee benefits, diversity, career development, training options and retention efforts.

    20 June 2013 16:06
  • Private Investment Venture Snags All Foreclosed Properties in Macomb County for $4.9 M

    By Veronica Grecu, Associate Editor Former yacht dealer and millionaire Bill McMachen and an unnamed partner snapped up all foreclosed properties in Macomb County at a public auction held last week at Freedom Hill in Sterling Heights. For $4.9 million or an average of $7,500 per property, the two buyers acquired an unprecedented lot of [...]

    13 August 2012 15:44
  • $44 Million Grant Helps Detroit RiverWalk Redevelopment

    By Veronica Grecu, Associate Editor In an effort to wrap up the remaking of the 5.5 mile RiverWalk that connects the Ambassador Bridge and Belle Isle, the city of Detroit received a total of $44 million in state and federal grants as financial support for the final stage of construction. According to Detroit Free Press, [...]

    25 July 2012 21:21
  • Michigan, Canada Officials Announce New Detroit-Windsor Bridge

    By Veronica Grecu, Associate Editor On June 15 Michigan Gov. Rick Snyder and Canadian Prime Minister Stephen Harper announced plans for a new bridge linking Detroit and Windsor, Ontario. First proposed nearly ten years ago, work on the new six-lane bridge could start in 2013 or 2014 and it would take at least four years [...]

    21 June 2012 04:11
  • Renovation Spree Hits Detroit Area Masonic and Hindu Temples

    By Veronica Grecu, Associate Editor The Detroit Masonic Temple in the lower Midtown area and several blighted properties in the surrounding area could embark on a $38 million renovation project. According to The Detroit News, a team of state and local brokers is currently establishing the financial aspects of the investment, which could get the [...]

    14 June 2012 13:32