The malls in Grand Rapids, Michigan, are finally filling up with tenant business again. This could be a sure-fire sign that consumer confidence is up, and the downward spiraling economy is solidly on an up-swirl. In fact, a lot of malls are at 98 or 99 percent occupancy. According to
Location is crucial when it comes to real estate but so is keeping buildings in good repair and the business districts looking nice. Commercial property owners in Detroit have banded together, voting to create a Business Improvement Zone. According to reports, the BIZ would be located in the central business
There are many decisions to make when it comes to estate planning. Many may think a will is all that is needed. However, there are other documents and protections that may be needed to complete the estate plan of a Michigan resident. One essential document is a durable power of
Those with commercial property investments may be seeing an increase in profits. According to an MPF Research survey on the 100 largest U.S. metropolitan markets, effective rents for new leases rose 3.3 percent on average from 2013 to the first quarter of 2014. Rent prices are also slowly climbing due
Certain Michigan mobile home owners have been suffering from issues relating to the sale of their homes. Recently, unscrupulous mobile home parks have been trying to make an investment property out of their homes on the cheap. The problem is that many of the mobile homeowners are unsophisticated when it
A Detroit, Michigan, company which specializes in providing construction and aggregate materials in bulk quantities is presently seeking permission from the city of Detroit to create piles of bulk material up to 100 feet in height. Current city regulations restrict the stockpiling of bulk materials to eight feet. Zoning issues
A three-year-long dispute over a transit center in Troy, Michigan, may finally be coming to an end. According to reports, the publicly funded center has been at the heart of a dispute between Grand/Sawka Properties LLC and the city of Troy. According to reports, the saga began in 2001, when
A 69-year-old woman who lives on Mansfield, Michigan, is angry with landlords who accept money from state and federal programs to cover rent for poor people, yet fail to pay for city taxes. According to the woman, she paid $2,100 to the city of Detroit last year on a home
As the commercial real estate market continues to recover, property vacancy rates are dropping. This is good news for landlords of commercial and industrial spaces. According to an analysis of 20 buildings in the Detroit area, the city’s vacancy rate for high-profile office buildings is down to 11.5 percent, a
The general topic of estate planning may be difficult for some to bring up or think much about. However, anyone who has any kind of assets may benefit from learning more about the process and what it entails, especially the important decisions that must be made. Anyone in Michigan who
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