Tag Archive | "housing"

Sponsored Content: 4 advantages to investing in single-family housing

  Investing in property is regarded as one of the best business practices you can make with your money. This year, there’s been an extra frisson of hype for investing in single-family housing as opposed to the likes of other types of… Full News here – Detroit Business News

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Developing Detroit: Packard Plant owner talks drones and senior housing; M-1 Rail names streetcar builder

A look at business and development news from around Metro Detroit Full News here – Detroit Business News

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Drones and senior housing? Detroit’s Packard Plant owner tells east side community his plans for decrepit site

An American flag sticking out of his breast pocket, the owner of the largest piece of blight in a city awash in urban ruin told an east side Detroit crowd that everything from drones to senior housing could be in the works for the former Packard Automotive Plant. Full News here – Detroit Business News

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Affordable housing needs assessment underway for Washtenaw County

How can Washtenaw County work to solve the region’s affordable housing shortage? That’s one of the questions at the center of the Washtenaw County Office of Community & Economic Development’s affordable housing needs assessment, which is underway and slated for completion by the end of 2014. Full News here – Oakland Business

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Off-campus housing matchmaker Cribspot raises $  660,000 round

Off-campus housing matchmaker Cribspot raises $660,000 round

Tom Henderson – Cribspot.com, a startup that helps college students find places to live while helping mom-and-pop owners manage their properties, will announce Monday that it has finished raising a seed round of $ 660,000, led by Ann Arbor-based Huron River Ventures and joined by the Detroit-based First Step Fund.Cribspot had been targeting a round […]

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1 dead, several injured in fire at Allen Park senior housing complex

People were hanging out of their windows when Allen Park Fire Chief Douglas LaFond arrived at the Leo L. Paluch Senior Citizen Housing complex. Full News here – freep

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Developer revives plan for downtown housing project

The 12-to-14-story project would create between 96 and 108 1-and-2 bedroom apartments with up to half of them set aside for low-to-medium income tenants. Full News here – Oakland Business

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Rockford home builder begins to finish once-foreclosed housing development

Sable Homes plans to build 13 new homes as part of the final phase of the Stone Crest subdivision in Courtland Township. Full News here – Oakland Business

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Poll: Can senior housing in downtown Detroit be successfully preserved?

Vote in the poll and add your thoughts in the comments section Full News here – Detroit Business News

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Group faces uphill battle in preserving senior housing amid Detroit redevelopment

In the 1980s a federally subsidized housing trend began moving low-income senior citizens into downtowns that were otherwise bleeding population and in need of residents for vacant buildings. Full News here – Detroit Business News

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Downtown Detroit development offers lessons for displacing low-income residents for market-rate housing

A developer behind a project that replaced 127 housing units occupied mostly by low-income seniors with luxury apartments in downtown Detroit said the experience could be used to aid future transitions. Full News here – Detroit Business News

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Detroit’s Midtown, downtown redevelopment threatens senior housing

Hershel Welch didn’t make the move. He was found dead two weeks after the deadline for tenants to vacate the building at 1214 Griswold. His body was found amid the construction to convert the building from senior housing in The Griswold into market-rate apartments developed by Broder & Sachse Real Estate Services, Inc., which renamed […]

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Sun Communities pays $1.32B in manufactured housing deal

Kirk Pinho – Southfield-based Sun Communities Inc. is purchasing a 59-property manufactured housing portfolio with properties in 11 states for $ 1.32 billion, the company’s largest deal in terms of value. Three of the properties are in Michigan: Egelcraft in Muskegon and Frenchtown Villa and Elizabeth Woods, both in Newport, said Karen Dearing, CFO of […]

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Crain

Crain’s week in news, Aug. 2-8: Housing chief resigns after billing for costly food, travel; MEDC hires Arwood as COO

Crain’s staff – Scott Woosley, executive director of the Michigan State Housing Development Authority, is stepping down after billing the state for expensive meals and travel, The Associated Press reported Friday. The Detroit Free Press reported Thursday that Woosley sought reimbursements for staying in hotels that cost $ 400 to $ 500 a night and […]

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Nonprofit housing developer starts big makeover project for low income rental apartments

Tenants in the buildings will be moved to transitional housing during the three-week construction phase before they move back into their renovated homes. Full News here – Oakland Business

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