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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…
Sports Illustrated hotel developer throws in towel on downtown Ann Arbor site The team behind a proposed Sports Illustrated-branded hotel and conference center on a downtown Ann Arbor parking lot owned by the city has scrapped that effort following public pushback earlier this week. The developer says that doesn’t mean it’s pulling the plug entirely…
Owning a home is a keystone of wealth… both financial affluence and emotional security.