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Michigan Housing Market Newsletter
  • Michigan moves to seize $15M left of Clare health campus grant, other project 02 May 2024 02:15 GMT

    … $3.5 million from a real estate group that included state Rep … those dollars toward a sounder investment in our people.” The … criticism and some reforms of Michigan’s spending process, which … money going to job training, housing, Ferris State University and …

  • New Airbnb tax plan hits snag as summer tourism comes to Michigan 01 May 2024 21:25 GMT

    … also the argument that rentals keep housing stock away from … legal affairs for the Michigan Realtors Association. The latest legislation … 6% excise tax on properties rented for at least 15- … is the short-term rental or vacation rental marketplace” — though …

  • Troy-based Real Estate Companies Thrive Realty, Michigan Power Brokers Merge 01 May 2024 15:07 GMT

    Real estate companies Thrive Realty Co. and Michigan Power Brokers are merging. … Thrive RealtyTwo Troy-based real estate brokers — Thrive Realty Co. and Michigan Power … satisfaction. “Michigan Power Brokers’ decision to join Thrive Realty Co. underscores …

  • Marijuana could be rescheduled by feds. What it means for Michigan 01 May 2024 19:00 GMT

    … a recreational ketamine industry.” Michigan’s recreational marijuana market … costs, it could translate to a stronger market and lower prices … getting turned down for mortgage loans because they’re … banking, it opens up investments for someone like me.” …

  • Real Estate All Stars 2024 01 May 2024 10:12 GMT

    … House Properties /; EXP Realty Grand Rapids Scott A. Holwerda Berkshire Hathaway HomeServices Michigan … Star Real Estate Whitehall Laurel Zwit Greenridge Realty – Montague Montague 2024 Real Estate All Stars – Mortgage Professionals …

  • Michigan mall to close, be demolished for $1B mixed-use development 01 May 2024 18:03 GMT

    STERLING HEIGHTS, MI – The Lakeside Mall in Sterling Heights will be closed and then demolished as part of plans to redevelop the site into a $1 billion mixed-use city center, officials said. The mall will close on July 1, according to a news release. It …

  • EBSC Lending Provides $26.2M Loan for Refinancing of Affordable Seniors Housing Community in Michigan 01 May 2024 18:05 GMT

    … 41-unit affordable seniors housing community in Michigan. The borrower, a nonprofit … units. The redevelopment of the property will create new loft-style …

  • Taxpayers foot $4,526 coffeemaker, $11,000 flight for Michigan businesswoman 01 May 2024 17:54 GMT

    … maker. Metro Detroit businesswoman and Michigan Economic Development Corp. executive committee … diamond white Jura coffeemaker that cost $4,526 after adding 10 … ,800 for 2 years of housing. The grant condition doesn…

  • Acadia Realty Trust (NYSE:AKR) Q1 2024 Earnings Call Transcript 01 May 2024 17:09 GMT

    … also seeing opportunities through our investment management platform, where we … and state push for additional housing. Too early to go … those initiatives. On North Michigan, the interest we’re … credit, along with solid property operating fundamentals. And we …

  • LTC Properties, Inc. (NYSE:LTC) Q1 2024 Earnings Call Transcript 01 May 2024 16:16 GMT

    … the payment of rent related to a property sale in … disclosed $19.5 million mortgage loan commitment for the … in Michigan. LTC’s investment represents 62% of the estimated project cost. … annualized adjusted EBITDA for real estate metric remains higher than …

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