This is a good time to get out and start investing in real estate. Roll up your sleeves, and get to work as an active investor, or more passively through private lenders. To help you make an informed decision, below are some of the key changes in federal rules that make investing in real estate even more attractive
Could Detroit be pioneering a new type of gentrification? It is possible. The recovery—with its innovative experiments in revitalization—is set to become a laboratory of ideas that will redefine gentrification, learning from the urban renaissance of the last 20 years in other cities.
A third-party logistics company is bringing 500 jobs, 350 of which will be new, to a new technology hub near Detroit’s Corktown neighborhood.
The downtown is poised for new business, and retailers are taking note. The latest development came Wednesday when Swedish clothing retailer H&M confirmed it will open a store in Detroit’s downtown this fall. The retailer has leased 25,000 square feet of space from Bedrock in three adjoining buildings at 1505, 1515 and 1529 Woodward, at the northwest corner of Woodward and Clifford. That’s in a stretch of retailers that have opened in recent years, including the high-end John Varvatos menswear store directly across Woodward, and the Lululemon yoga-apparel store across Clifford.
Whether it’s stocks, commodities or real estate, all markets move in cycles.
The Opportunity Zone (OZ) tax incentive has now been widely written about, and experts predict that $100 billion will flow into Opportunity Zones this year. Real estate developers should be evaluating each land purchase and each deal to make sure that any government incentive available supports the bottom line of their investments. The new Opportunity Zone incentive affects a handful of projects in my firm’s current development pipeline, and in order to monetize Opportunity Zone pipeline projects, we had to understand the answers to a few key questions: What are Opportunity Zone funds? How do we evaluate them? Are they right for every investor? Are they right for you?
The saying goes that to get rich in real estate, you need to do it with other people’s money. Talk to a wide range of successful real estate investors about the secret to their success, and one of the more common responses is the use of leverage.
A $12 million planned housing and commercial development led by Invest Detroit and two nonprofits is using a tiered approach to fit in with its architectural surroundings in southwest Detroit.
Detroit will get a Jeep factory, the Motor City’s first new auto assembly plant in a generation, as part of a $4.5 billion manufacturing expansion in southeast Michigan by Fiat Chrysler that will mean nearly 6,500 new jobs, the company announced Tuesday.
Believing Detroit is stepping into its place as a global innovation hub, Forbes magazine executives announced Tuesday they will hold their Under 30 summit in the city for several years.