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Look inside the luxury apartments renting for $2,300 per month at the Joe Louis Arena site As the developers of Detroit’s newest high-end apartment building prepare to welcome residents as soon as this week, the high cost of the units appears to be serving as little deterrent for tenants. With 496 luxury units in a…
Redico takes on The Platform’s portfolio of Detroit buildings The Platform LLC is folding, and its operations will be absorbed by another prominent metro Detroit real estate firm. The Detroit-based firm founded in 2016 by real estate developer Peter Cummings is merging with Southfield-based landlord and developer Redico LLC, handing over management of its entire office, multifamily,…
Carhartt headquarters building in Dearborn sold to Chicago buyer A Chicago-based firm has purchased the Carhartt Inc. headquarters in Dearborn. Syndicated Equities did not disclose in a news release how much it paid for the nearly 58,000-square-foot building at 5750 Mercury Drive near Ford Road and the Southfield Freeway/M-39. But CoStar Group Inc., a Washington,…
Historic Bloomfield Hills mansion with modern updates lists for $3.5M An “enchanting” century-old Bloomfield Hills mansion — built as a summer getaway in the country for a prominent Grosse Pointe family — is back on the market with an asking price of $3.5 million. With more than 11,500 square feet near the intersection of Kensington…
Owning a home is a keystone of wealth… both financial affluence and emotional security.