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State office buildings run below capacity with majority of workers hybrid and remote Credit: CoStar Group Inc.Cadillac Place in Detroit’s New Center area can house 3,053 state office workers, but only 58% of those seats, or 1,784, are currently assigned, the lowest rate of eight non-Lansing office buildings. More than three in five state of…

19-story, 625-bed apartment building planned near UM campus Credit: Courtesy of CRGChapter Ann Arbor is a 19-story, 183-unit student housing development to be built at 1201-1213 S. University Ave., one block from the University of Michigan’s Central Campus. A new student-oriented high-rise apartment building is planned in Ann Arbor’s South University District, a block away…

3 luxury brownstones list in Traverse City after $9M office conversion Credit: Freshwater DevelopmentA rendering of the Brownstones at 100 Park would be on the Boardman River with access to Grand Traverse Bay. A developer who returned to West Michigan after working on New York City skyscrapers is debuting his second high-end residential project in…

Mortgage rates drop for 4th week amid anxiety over economy Credit: David McNew/Getty Images via BloombergWhile mortgage rates are down from recent highs, they’re still stubbornly close to 7%, and many economists say prospective buyers need more incentives. Mortgage rates in the U.S. fell for a fourth straight week, dropping to the lowest rate since…