Ford paid $90 million for Michigan Central Station crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.
An ongoing redevelopment project in downtown Detroit received more than $5 million in additional state funding.Those working on the redevelopment of the United Artists project — which broke ground in March 2022 — say the added tax increment financing, approved Tuesday by the board of…
AC Hotel at Bonstelle PlayHouse begins construction | Crain s Detroit Business crainsdetroit.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crainsdetroit.com Daily Mail and Mail on Sunday newspapers.
When interest rates were lower, those caps were inexpensive hedges against the fluctuating interest on their short-term loans. But today, expect some gasps when hearing the rates for those policies.
Commercial mortgage-backed securities delinquency rates in metro Detroit haven't been this high for this long since the Great Recession.
Still, experts say, the COVID-19-induced increase in borrowers who are behind on commercial real estate loans could have been far worse were it not for…