Real estate properties are some of the most valuable assets owned by Michigan residents, making any action related to them especially significant. Real estate transactions can be some of the most precarious transactions if mishandled. With a great deal of money and...
Dealing with a noncompliant tenant can be challenging for any landlord, but the stakes are often higher in commercial rentals. Commercial rentals can be harder to find tenants for, and moving one tenant out and another in is a much bigger process than with residential...
The representation of any Michigan client in a commercial real estate law matter requires an in-depth understanding of common problems and concerns faced by landlords, commercial property owners, real estate management firms and commercial tenants. The more a law firm...
Many businesses opt to lease the space in which they work for a variety of reasons. Perhaps they cannot afford the financial outlay required to purchase a space, or they plan to buy a space when the business grows. Whatever the rationale, there are pros and cons to...
Across one city in Michigan, property owners are turning to the Internet and online auction to move sales. A building in downtown Detroit isn't your standard eBay listing, and the property owners are using property-based selling sites such as Auction.com, but the...
Abandoned and dilapidated residential properties have been torn down throughout Michigan after the U.S. Treasury Department allowed money from the "Hardest Hit" foreclosure relief fund set up by the Troubled Asset Relief Program to be used to take down the homes. Now,...
A new tactic is being used in West Michigan to finance rental properties, and it is one that many people may be familiar with by now: Crowdfunding. The popular tactic has been used for many other types of projects, but a new site that is being launched is aimed at...
Maplegrove Property Management LLC, a Michigan real estate and property management firm, has finalized a deal to purchase a senior living facility and apartment complex in Ludington. The property management firm will now control the entire housing community, which...
Commercial property sales have continued to show signs of economic strength this year, according to the Federal Reserve. The Fed issued a report on June 4 regarding the current state of the United States economy in various districts across the nation. Hopefully, some...
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...
