Blog
Struggling Southland Center in Taylor hits the market Southland Center in Taylor is for sale following a loan default. The shopping mall on Eureka Road between Telegraph and Pardee clocks in at about 905,000 square feet and would become the most recent Southeast Michigan shopping mall to change hands in the last several years, following…
Former Riverfront Conservancy CFO’s Rivertown property could face foreclosure Invest Detroit may foreclose upon an east Detroit riverfront building owned by the Detroit Riverfront Conservancy’s disgraced former CFO. In a statement Tuesday, David Blaszkiewicz, president and CEO of Invest Detroit and a Riverfront Conservancy board member, said foreclosure “and additional remedies” are under consideration for…
A Dan Gilbert RenCen purchase is very much on the table, documents show Dan Gilbert formally has an option to buy the majority of the Renaissance Center. A 10-page public notice of what’s called a “put and call agreement” describes Gilbert’s Resurgence Realty LLC’s option to buy the main five-building complex plus other property from…
Downtown apartment development nets $11M-plus in state funding A downtown Detroit apartment conversion has netted more than $11.6 million in public financing. The 80-unit Reckmeyer project by Detroit-based Basco of Michigan, run by Roger Basmajian, on Tuesday received Michigan Strategic Fund approval for an $8.22 million Michigan Community Revitalization Program loan and brownfield tax-increment financing…
Owning a home is a keystone of wealth… both financial affluence and emotional security.