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REAL ESTATE
Biden administration official announces funding for housing assistance program in Detroit
With tears of joy, 32-year-old Satin Adams of Detroit shared that she is the first person in her immediate family to be a homeowner. “I was ready to buy a home,” the mother of six said about living in the federally subsidized Martin Luther King Jr. apartments in Detroit until December. “I wanted a backyard.” […] The post Biden administration official announces funding for housing assistance program in Detroit appeared first on Michigan Advance.
Detroit opens second round of down payment program
Detroit has opened a second round of its program that helps first-time homebuyers with down payments. The big picture: The first iteration used $12 million in federal American Rescue Plan Act (ARPA) dollars, providing down payment and closing cost financial assistance for 434 residents. Now the city is using another...
Friedman Real Estate Facilities Sale-Leaseback of Michigan Dispensary
Friedman Real Estate’s Steven Silverman recently closed the Sale-Leaseback of Quality Roots located at 350 E 14 Mile Rd in Madison Heights, Michigan. Friedman advised both sides in the transaction. Quality Roots, a Michigan-based dispensary providing a variety of cannabis products, operates eight cannabis dispensaries in Michigan and has...
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