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UM buys more Ypsilanti property for future computing center Credit: University of MichiganThe University of Michigan’s Michigan Union building in Ann Arbor. The University of Michigan board of regents has approved the purchase of two parcels of land in Ypsilanti Township for up to $8.1 million for a future computing center. The “strategically located” property…

Metro Detroit home sales heat up with more listings, sales — and higher prices Credit: Elijah Nouvelage/BloombergMedian sales price for homes in metro Detroit remains elevated from a year ago and ticked up more than 3.6% from April to May. Perhaps not all hope is lost for a successful home buying and selling season. Even…

Detroit offers landlords up to $30,000 to boost rental code compliance Credit: Getty Images/iStockphotoDetroit landlords can take part in a federal Lead Renovation, Repair and Painting Program that helps property owners tackle lead remediation in aging homes. In a bid to increase compliance, the city of Detroit will pay residential landlords to bring their units…

Another national tenant rep firm makes moves in the Detroit market Credit: Getty ImagesThe downtown Detroit skyline A national tenant-centric brokerage house is making a return to the Detroit market. Mohr Partners Inc., based in Dallas, has poached Mike Sabatini, most recently a locally based broker with Chicago-based Vestian, to lead a resurrected Detroit office…