A four-story office building in Detroit's central business district sold for close to $2 million on May 6. The seller was asking $1.95 million for the 15,000-square-foot property, according to CoStar Group Inc. One of the buyers reported that the Library Street...
Commercial property wins vote for new Michigan hotel
A new hotel is coming to Ann Arbor, Michigan, and it is going to have 110 rooms for those who come to visit the popular college town. It will be an extended-stay hotel, according to the planners, who took it before the Planning Commission for a vote. It passed by a...
3 new tenants announced for the Z
Detroit is adding three more tenants to the Z building downtown, evidence that commercial tenants are still looking for space. The commercial building, so named for its zigzag shape that spans from the corner of Library and Gratiot to the corner of East Grand River...
Michigan families need estate plan for digital assets
Estate plans essentially outline the fate of one's personal belongings and other assets, such as bank accounts and investments. As technology continues to grow by leaps and bounds, it is becoming more important to think outside of the box when it comes to estate...
Michigan city considers crime-free leases
When you read a lease agreement in one Michigan city, you might be surprised at some point in the future what can get you immediately evicted. An ordinance has been proposed that would include a crime-free clause in a lease agreement. While the new ordinance hasn't...
Bills to deal with bedbug problems proposed in Michigan
Disputes between Michigan landlords and their tenants centered around bedbugs have been a more frequent media occurrence of late. Landlords want to protect their investments but also have to balance that with respecting the rights of their tenants. Current Michigan...
New Michigan regulation causes Grand Rapids to fix sidewalks
The sidewalk laws in Grand Rapids, Michigan, have been changed, thanks to a measure that recently passed a vote in the city. Homeowners are going to be impacted by the change to the way that sidewalks are taken care of, but real estate agents are the ones who are...
Proposal for Michigan apartment complex sparks dispute
The city of Houghton, Michigan, is finding itself on the defending end of an allegation that it violated the Open Meetings Act with regard to a proposal for the development of an apartment complex. The hearing was held on April 29 in Houghton County Circuit Court.The...
In Michigan, an estate plan can be about more than family
Traditionally, estate planning has been the process of handing down belongings and other assets from one generation to the next. The process of creating an estate plan is highly personal. That is reflected in some recent changes to the process in general, such as for...
Commercial real estate investors may want to consider Midland
A popular real estate blog has identified Midland to be one of the most diverse locations in the state of Michigan. Out of the 100 most popular locations in the state, Midland ranked third in terms of racial, age, education and income diversity. For any individual...