Recent Detroit Housing News

How Detroit, Dan Gilbert $5M home rehab project will work
detroithousingmarket.com
DETROIT - The four neighborhoods targeted in the newly announced Rehabbed and Ready program were carefully picked, according to Quicken Loans Founder Dan Gilbert. The Detroit real estate mogul who's spent much of the last few years investing in ... [...]
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A view of Oakland County construction activity from 1500 feet
detroithousingmarket.com
But it was seemingly a breeze for Surrency to update CoStar's database of more than 68,000 metro Detroit properties with fresh information on a variety of sites — changing whether projects are proposed or under construction, for example. This is where ... [...]
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Home sale prices double along Woodward, riverfront, but plummet in other parts …
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Detroit Real Estate City of Detroit Detroit 2.0 More +. Higher home sale prices around Woodward and Jefferson avenues have helped nearby neighborhoods such as Corktown. But areas such as the west and southwest sides of Detroit have not benefited. [...]
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Remembering Colin Hubbell, a developer, champion, and friend of Detroit
detroithousingmarket.com
You may not have known Colin Hubbell, but his mark on Detroit's greater downtown endures 7 years after his death. Colin was an early Model D supporter and one of the few real estate developers to invest in Midtown in the '90s, when many could not see ... [...]
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Dan Gilbert buys One Detroit Center, signs Ally Financial to 12-year lease in …
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The One Detroit Center at 500 Woodward in Downtown Detroit will be renamed Ally Detroit Center this spring as Ally moves its headquarters into the 43-story building. This rendering shows the building as the Ally headquarters. (Tanya Moutzalias | MLive ... [...]
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Fed index shows wide disparity in city home prices
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Photo by Andrew Jameson / Wikipedia Even areas near Woodward, such as the Palmer Woods (above) and Sherwood Forest neighborhoods — far from the investment interest in the greater downtown area — seem to be improving at a steady clip. [...]
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Dan Gilbert, Bedrock Real Estate bring new businesses into downtown Detroit …
detroithousingmarket.com
... for MLive Media Group in Detroit. He can be reached at ithibode@mlive.com, or follow him on Twitter. Related Stories. Dan Gilbert's rolling tenure as Detroit real estate mogul chronicled. Dan Gilbert's rolling tenure as Detroit real estate mogul ... [...]
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Restoration Hardware to add to downtown Detroit's high-end retail cache
detroithousingmarket.com
DETROIT - Keeping to promises made earlier this year, Detroit's Bedrock Real Estate Services continue to bring big-name retail to downtown Detroit. The stretch of Woodward Avenue once known as a shopping destination will see a Restoration Hardware go ... [...]
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Dan Gilbert's Bedrock bringing high-end wine, Master Sommelier to Detroit
detroithousingmarket.com
House of Pure Vin will open at 1433 Woodward Ave. by Sept. 27, 2015, according to Co-owner Regina Gaines. Gaines, along with business partners Andrea Dunbar and Terry Mullins, have been planning their wine retail shop since last August. In the works ... [...]
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Capri Capital Partners Joins Forces with TruAmerica Multifamily for the $283 …
detroithousingmarket.com
A partnership comprised by Capri Capital Partners and TruAmerica Multifamily just completed the largest multifamily, mixed-use transaction in the state of California for the current year. The partnership closed on a deal worth $283 million, for the ... [...]
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'Before I Die…' public art space goes up on Woodward in Detroit
detroithousingmarket.com
Related Stories. Dan Gilbert's Bedrock bringing high-end wine, Master Sommelier to Detroit · Dan Gilbert's rolling tenure as Detroit real estate mogul chronicled. 0 comments. Sign in. Post comment as... Custom HTML Preview. Loading. Newest | Oldest. [...]
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Restaurant, office space planned for 565 Larned St. after $2.1 million July sale
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Detroit Real Estate Detroit 2.0 More +. Photo by CoStar Group Inc. Mitchell Mekles bought the building at 565 Larned St. for $2.1 million last month. Fort Lee may only be known outside of New Jersey as the town caught in the middle of a political ... [...]
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Is Detroit really the hottest housing market right now?
detroithousingmarket.com
Detroit's housing market is working in overdrive to try and stay afloat amidst the troubling situation that continues to plague it. The good news for the city — it is starting to see positive results for all its hard work. But in the big picture ... [...]
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Preview: 2015 Detroit Tax Foreclosure Auction
detroithousingmarket.com
There are conscientious ways to participate in Detroit real estate in general and the auction in particular, but buyer, beware and buyer, be aware. Detroit is not a bank slate, many of these houses are homes and the same forces that have pushed 50,000 ... [...]
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Detroit real estate mogul dismisses criticism of downtown surveillance system
detroithousingmarket.com
Aug. 16--With Americans under the gaze of numerous cameras in any public space -- from security cams to smartphone videos going viral -- businessman Dan Gilbert can't understand why his downtown security system garners so much criticism. [...]
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Free Press Marks Gilbert's 5th Anniversary in Downtown Detroit
detroithousingmarket.com
John Gallagher's Free Press story is a must-read if you want to understand one of Detroit real estate's most important figures, perhaps of all time. In addition to his vast real estate holdings and work with Quicken Loans, Gilbert is also restoring ... [...]
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3 bd home for sale im desired area of oakland county …
detroithousingmarket.com
Overview. Respond to this Ad. Ad number:#182981006. Contact:David Gittens. Phone:2488944906. City:Clarkston. Zip:48346. Square ft:N/A. Beds:3. Baths:N/A. Posted in: Detroit Homes For Sale ... [...]
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Dan Gilbert's rolling tenure as Detroit real estate mogul chronicled
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Dan Gilbert's rolling tenure as Detroit real estate mogul chronicled. 1 / 11. Dan Gilbert. Dan Gilbert speaks at the opening of a John Varvatos retail store inside Detroit's historic Wright-Kay Buildung on Woodward Ave., March 12, 2015. (Tanya ... [...]
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Atwater's new tap handles are made from reclaimed wood
detroithousingmarket.com
The brewery's new series of tap handles are made from reclaimed wood from vacant Detroit properties. Each handle has a unique look, and is stamped with an address of where the wood was found. All of the lumber used was reclaimed using legal and ... [...]
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DeVos donations boost Jeb Bush, Scott Walker in early presidential fundraising …
detroithousingmarket.com
Metro Detroit real estate developers Harold Beznos and Mickey Shapiro gave $100,000 each. Right to Rise also received large contributions from Kojaian Management of Bloomfield Hills ($310,123) and Suburban Automotive Consultants of Troy ($200,000). [...]
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Apartments, retail planned in $14 million project on Woodward in New Center area
detroithousingmarket.com
Detroit Real Estate Construction/Property redevelopment More +. Photo by Clarke Lewis/Pivot Real Estate Services LLC A rendering of the planned redevelopment of Woodward Avenue buildings between Baltimore and Milwaukee avenues in the New ... [...]
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Apartments, retail, offices planned in $14 million project on Woodward in New …
detroithousingmarket.com
Detroit Real Estate Construction/Property redevelopment More +. Photo by Clarke Lewis/Pivot Real Estate Services LLC A rendering of the planned redevelopment of Woodward Avenue buildings between Baltimore and Milwaukee avenues in the New ... [...]
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Why Are Chinese Investors Buying Up Detroit? | Finance …
detroithousingmarket.com
Courtesy SouFun. Detroit homes for sale on the SouFun website each with a $10,000 price tag. Chinese interest picked up steam after a TV report claimed that homes in Detroit could be bought for the price of a pair of shoes. [...]
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Van Dyke Manor Apartment Building Sells to Rich Germans
detroithousingmarket.com
They also plan to do a little work on the roof, but say that the place is in good shape for the most part. The 2013 deal that landed Triton Van Dyke Manor included their other three Detroit properties and cost $4.43 million. Loopnet lists many nice ... [...]
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Detroit Free Press names new executive editor
detroithousingmarket.com
In another major move to reduce expenses, the newspapers relocated last year to a smaller office in the former Federal Reserve building at 160 W. Fort St. owned by Detroit real estate entrepreneur Dan Gilbert. He also owns the newspapers' former home ... [...]
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More foreign investment in Detroit with purchase of Van Dyke Manor apartments
detroithousingmarket.com
Detroit Real Estate Detroit 2.0 More +. Photo by CoStar Group Inc. Van Dyke Manor has 38 units at Van Dyke and East Lafayette streets near the east Detroit riverfront. A wealthy German family is equity partner in an investment group that purchased a 38 ... [...]
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Lions Receiver Ryan Broyles Lives on $60K a Year
detroithousingmarket.com
The Detroit Lions receiver, who has made more than $3 million during his career, lives on $60,000 a year, according to a profile at ESPN. He chauffeurs himself to practice in a Ford Focus. His wife drives a Mazda. We hear the Detroit real-estate market ... [...]
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Detroit Free Press names new top editor
detroithousingmarket.com
In another major move to reduce expenses, the newspapers relocated last year to a smaller office in the former Federal Reserve building at 160 W. Fort St. owned by Detroit real estate entrepreneur Dan Gilbert. He also owns the newspapers' former home ... [...]
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Indigo's Journalism Blog: The Interesting Specs of Detroit …
detroithousingmarket.com
Most Detroit homes for sale have boarded up windows, horrible structure, and usually need a new roof. No one would be surprised if they found squatters in a foreclosed Detroit house. Regardless, I still kind of want to buy a ... [...]
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Campus Martius picnic table was scene of landmark Detroit building sale deal
detroithousingmarket.com
It wasn't at a fancy restaurant or in a board room that Dennis Bernard realized he had all but sealed the deal for the largest non-recourse commercial mortgage-backed securities loan in Detroit. Ever. What's a nonrecourse CMBS loan? Well, the short ... [...]
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Ally considers build-to-suit alongside move to Southfield Town Center, real …
detroithousingmarket.com
Detroit vs Everybody to launch line of kids clothing in new space Friday Hecker-Smiley mansion to be renamed after alumni donor, Wayne State president says Riverfront Towers apartment buildings for sale Live chat today about Detroit real estate with ... [...]
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Tigers' Alex Wilson closing games, real estate deals
detroithousingmarket.com
Wilson and his partners have thought about getting involved in the Detroit real estate market, but they don't want to rush into anything. “I think it would be a great time to get in the market there; there's a lot of areas that are really turning ... [...]
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The Fisher, Kahn redevelopment project isn't the only one Peter Cummings plans …
detroithousingmarket.com
Detroit Real Estate Construction/Property redevelopment Detroit 2.0 More +. Photo by Google Streetview Peter Cummings has development plans for this surface parking lot in the New Center area, according to a source. Peter Cummings has his sights on a ... [...]
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I am agent looking for investors/ buyers for the Northwest …
detroithousingmarket.com
Canton Homes For Sale · Dearborn Heights Homes For Sale · Dearborn Homes For Sale · Detroit Homes For Sale · Lincoln Park Homes For Sale · Livonia Homes For Sale · Plymouth Township Homes For Sale · Redford ... [...]
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The professor and the pupil: How NYC-based HFZ ended up with Detroit's Fisher …
detroithousingmarket.com
... a Detroit native and managing partner of New York City-based Rheal Capital Management LLC; and Peter Cummings, the former chairman of the Detroit Symphony Orchestra, who has been active in Detroit real estate, including Detroit's first Whole Foods ... [...]
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Madame Tussauds celebrity wax museum in Metro Detroit?
detroithousingmarket.com
Photo by Daniel Acker/Bloomberg News A wax figure of Madame Tussauds, the last she completed before her death in 1850, stands in the Madam Tussaud's waxworks museum in New York. A representative of the company that operates the museum hinted ... [...]
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Bayfair Development Grabs 10-Acre Site in Tampa Area for Development of MF Units
detroithousingmarket.com
Bayfair Multi-Family Development Parcel Bayfair Development L.L.C. is about to bring brand new apartment residences to the St. Petersburg, Fla., market. The development company just acquired a 10-acre parcel for the project, snapping up the land from ... [...]
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Mitch Albom Opens Detroit Water Ice To Benefit Charity
detroithousingmarket.com
Mitch Albom just opened Detroit Water Ice, a frozen dessert shop, on prime downtown Detroit real estate in the Compuware building that used to house Ben and Jerry's. Albom, one of Detroit's most well-known celebrities, came to Detroit to write sports ... [...]
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Tuesday web chat on Detroit real estate will feature pair of local experts …
detroithousingmarket.com
The founder of GVA Detroit Real Estate, which closed in2007 after more than 25 years in business, Morris is also an adjunct instructor teaching real estate courses in the University of Michigan's Stephen M. Ross School of Business. Among Morris's ... [...]
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Live chat today about Detroit real estate with pair of local experts (and …
detroithousingmarket.com
The founder of GVA Detroit Real Estate, which closed in 2007 after more than 25 years in business, Morris is also an adjunct instructor teaching real estate courses in the University of Michigan's Stephen M. Ross School of Business. Among Morris's ... [...]
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New Italian ice business opening in former Ben & Jerry's site in Compuware …
detroithousingmarket.com
... affected by nationwide software hack · The Fisher, Kahn redevelopment project isn't the only one Peter Cummings plans in New Center · Johnson Controls VP: Seating and interiors business is healthy · Live chat Tuesday about Detroit real estate with ... [...]
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Lakers News & Rumors: Will Kobe Bryant Retire After 2014-15 NBA Season?
detroithousingmarket.com
'Halo 5: Guardians' Release Date & Story: Game's Ending and Gamescom 2015 Presentation Teased, Sparks Excitement Among Fans · The Two Faces of the Detroit Housing Market · 'Batman v Superman: Dawn of Justice' News & Plot: Director Zach Snyder ... [...]
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Quicken sues HUD, Justice departments over investigation into FHA loans
detroithousingmarket.com
DETROIT, MI -- Quicken Loans Inc. has sued the U.S. Housing and Urban Development Department and the Justice Department, claiming it's being unfairly pressured into agreeing to a costly settlement and admitting guilt in a faulty loan investigation. [...]
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Novel explores tensions in Detroit
detroithousingmarket.com
... who suggests to Marny that he join what Robert terms “a kind of Groupon model for gentrification,” in which a 600-acre section of dismal, depressed and mostly abandoned Detroit real-estate would be re-settled and, over time, presumably restored to ... [...]
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Great Lakes Angels elects new president to lead investment group
detroithousingmarket.com
Great Lakes Angels, a metro Detroit angel investor group, has new president in Pietro Sarcina. David Weaver founded Great Lakes Angels and served as its president for years. He is stepping aside to serve as chairman and founder of the organization. [...]
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Detroit area housing market among nation's hottest
detroithousingmarket.com
Will Hubbard and Abby Leet celebrate outside their newly purchased home in Berkley. For the second month in row, the National Association of Realtors are citing Metro Detroit and Ann Arbor as two of the 10 hottest real estate markets in the country ... [...]
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