A form of unregulated, high- interest lending that took hold in commercial real estate may end up leaving sour tastes in borrowers' mouths.
Debt funds emerged the last several years as providers of a key, but risky, type of floating rate short-term loan for some local owners and developers.
While debt funds are not at all new they started cropping up as capital sources more pointedly following the Great Recession as banks were still reeling …
Commercial property transaction volume reached all-time high levels nationally last year, but not in metro Detroit.
That's not to say that 2021 was a bad year for property deals around town quite the opposite in fact, experts said, as transactions, by dollar volume, last year were fourth…