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Homeowners who bought just before pandemic are $158,000 wealthier, study finds People who took advantage of historically low interest rates to buy homes right before the COVID-19 pandemic began in early 2020 have seen their wealth grow by about $32,000 annually over the last five years — even when taking the cost of home ownership…
Gilbert-backed venue coming to downtown Detroit that you have to see to understand Dan Gilbert’s real estate portfolio Bedrock LLC has found a major tenant for its Cadillac Square development in downtown Detroit. Cosm, a Los Angeles-headquartered entertainment company, will be bringing a live sports video dome and entertainment venue to Bedrock’s vacant 3.66-acre site…
Microsoft buys 316 acres in Michigan for potential data center Microsoft Corp. has purchased 316 acres in southern Kent County from Steelcase Inc. for $45.3 million for a potential data center development, Crain’s Grand Rapids Business has learned. The irregularly shaped vacant property is located south of Grand Rapids in Gaines Charter Township, at the northwestern…
Plans scaled back for large mixed-use project near Detroit’s Whole Foods A scaled-back proposal for a long-stalled development in Midtown calls for construction to start in early January. A public presentation from the development team behind The Mid project on Woodward Avenue north of Mack Avenue and the Whole Foods Inc. grocery store says a…
Owning a home is a keystone of wealth… both financial affluence and emotional security.