News

Office space in Detroit has never been cheaper — and it’s not just because of the pandemic Credit: Kirk Pinho/Crain’s Detroit BusinessA sign advertising the Raliegh Officentre in Southfield for lease for a lower-than-normal rate compared to other buildings in the market. Head up Telegraph Road in Southfield.  North of 10 Mile, you may think…

Chicago real estate brokerage acquires Royal Oak firm Credit: Bill Vogel/CresaThe downtown Royal Oak office of Chicago-based brokerage firm Cresa, which recently acquired Vogel Advisors in a cash and stock deal. An out-of-state brokerage house has added another Southeast Michigan firm to its roster. Chicago-based Cresa has purchased Vogel Advisors, a small tenant representation brokerage…

Former Catholic school transformed into affordable housing Credit: Provided by the city of DetroitThe former St. Matthew School on Detroit’s east side has been transformed into affordable housing. Some 46 units of affordable housing are open at The Residences at St. Matthew, which was developed in a longtime vacant former Catholic school on Detroit’s east…

They assembled the ultimate West Michigan vacation compound — then got called away overseas Credit: Next Door PhotosProperty owners Seamas O’Driscoll and Dr. Todd Bolthouse built two guest houses on the three Saugatuck Township properties they acquired. After assembling three properties, building two custom homes and spending $1 million on an extensive erosion barrier, a…