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| Latest Real Estate News for Michigan
Michigan economy continues to shrink (Detroit Free Press)
New government data confirm what we have known all along: Michigan's economy has been shrinking the last three years. The latest figures show that the state's real gross domestic product -- the inflation-adjusted value of all goods and services produced in Michigan -- dropped again last year, falling 1.5% to $326.1 billion.
Advertising boxes banned on Main Street (Gaylord Herald Times)
GAYLORD -- City officials aren?t allowing Exclusively Northern Michigan Properties real estate magazine stands on city sidewalks and have drawn a distinction between advertising and newspaper publication stands on pedestrian rights-of-way.
Real estate borrowers bearing more risk (Traverse City Business News)
LANSING - Michigan may be the ?Water Wonderland,? as the state?s license plates used to say, but one liquid asset ? money for commercial real estate projects ? is in short supply.
Western Michigan University, K-College graduate L. David Carley, 80, dies (The Kalamazoo Gazette)
CHARLOTTESVILLE, Va. -- L. David Carley, a graduate of Western Michigan University and Kalamazoo College who made a name for himself in business and politics, primarily in Wisconsin, died of liver cancer May 13 in Charlottesville....
Daley nephew's deals (Chicago Sun-Times)
Mayor Daley's nephew Robert Vanecko and Vanecko's business partner Allison S. Davis have been making news lately. Their real estate investment business, DV Urban Realty Partners, manages $68 million for five city pension funds -- representing Chicago police officers, teachers, CTA employees and other city workers.
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