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Mall dodges lawsuit from lender — for now Fairlane Town Center, less than two years into its new ownership, has avoided receivership. A Wayne County Circuit Court judge on Jan. 8 denied a lender’s request that the Dearborn mall be placed under the control of Dallas-based Trigild Property Management LLC — which previously was the…

Macy’s to close 5 stores in Michigan, including 3 in Oakland, Macomb counties Five Macy’s Inc. department stores in Michigan are slated for closure, the New York City-based company said Thursday evening, as part of 66 stores nationwide it plans to close this year. They include the two Macy’s stores at the now-shuttered Lakeside Mall…

Michigan’s ‘gold coast’ vacation home market could see prices easing in 2025 Realtors expect a good year for the West Michigan vacation homes market in 2025, driven by the continued popularity of Lake Michigan frontage, low water levels and transformative developments underway in several tourist towns. According to a Dec. 4 Redfin forecast, home sales…

This could be the year the golden handcuffs come off in Michigan’s housing market The year 2025 will likely bring further relief to the “golden handcuffs” that have kneecapped the housing market in Michigan and beyond for several years. But many — not all — housing and mortgage experts say economic conditions will do little…