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Commercial mortgage-backed securities delinquency rates creep up during COVID pandemic

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…

New yorkUnited statesDennis bernardBernard financial groupFinancial markets associationNew york city basedSouthfield based bernard financial groupSecurities industry

United Artists Building developer seeks $6 million in additional public funding

The developer of the United Artists Building downtown is looking for approval of an additional $6 million in public funding to help finance the project. Emmett Moten Jr., the Detroit developer spearheading the long-delayed project, is asking the Downtown Development Authority to approve another $4…

United statesRichard hoseyScott allenTroy robertsEmmett moten jrStephen rossDan dugganTom gossDetroit community development block grantUs department of housingBagley managing memberBernard financial groupMichigan strategic fundHotel eddystoneUniversity of michiganBagley development group

Self-storage is red hot; rents, valuations soar as sector keeps growing

Self-storage is red hot; rents, valuations soar as sector keeps growing
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.

New yorkUnited statesSalt lake cityNew jerseyDennis bernardPogoda cosMichael bergerMaurice pogodaSpace storage incYork reis incLife storage incBernard financial groupUs census bureauGlobal self storage incMarcus millichap real estate investment services incNational storage affiliates of greenwood village

Why self-storage is one of the hottest sectors in real estate

Why self-storage is one of the hottest sectors in real estate
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.

Bernard Financial Group provides $4 million in financing for Michigan industrial portfolio

Bernard Financial Group provides $4 million in financing for Michigan industrial portfolio
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United statesDennis bernardJoshua bernardBernard financial groupChristopher management limited partnershipChristopher management limited