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Detroit Properties News






ULI Detroit Names William Watch As Chair
Detroit - The Detroit District Council of the Urban Land Institute (ULI Detroit) has named William Watch as the new chair of the organization.


Detroit's People's Art Festival shines at the Russell Industrial Center
Did you hear the one about the three guys who tossed a party and 3,500 people showed up? It's true. Call it the magic of a creative factory and the lure of free admission.


Senior housing project on schedule in Wahpeton
Construction on a senior housing complex is still going as planned in Wahpeton. Mike Rufer, vice president of Legacy Properties in Detroit Lakes, Minn., said there were minor delays due to rain, but "for the most part, everything is on track" for Lindenwood along 11th Street.


'Little Detroit' scares neighbors
Port Huron -- and specifically Griswold Street -- means a lot to Daniel Lonsby, who has lived in the area his entire life.


Is the Mortgage Crisis Finally Improving?
The proportion of mortgaged U.S. households 90 or more days behind on payments has had its biggest drop since the mortgage crisis began four years ago, though the figure still remains high. The Mortgage Bankers Association reports that the percentage of mortgages that are seriously delinquent declined from 9.5 to 9.1 percent between the first and second quarters of 2010. That's still alarmingly ...


Competition for Distressed Properties at All-Time High
Pent-up commercial real-estate capital has ready and able estate investors in fierce competition for distressed strip centers and shopping malls.


Mitch Landrieu adds muscle to New Orleans' fight on blight
$12 million earmarked to step up grass-cutting, demolitions


Eco-Vegas
Bellagio, MGM Grand, other hotels earn high ratings from Green Key.


Bank Watch: Regulators Close Seven Banks with $4.4 Bil. in Assets
The Federal Deposit Insurance Corp. (FDIC) lined up five buyers for seven newly closed banks this past week. Together the seven failed banks reported distressed commercial real estates of nearly $548 million combined. Summary of the seven banks deals...


News in Brief
Movies in the Park



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