Detroit Real Estate Archives - ICONIC
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Detroit Real Estate Tag

In recent years, Detroit has undergone a significant transformation due to a surge in construction projects in the downtown area. In this week's newsletter, WXYZ reports that the city center is poised to have a bustling year, generating more jobs and recreational options. The developments...

Operating a shopping center or being a tenant can be a complex task that involves various expenses beyond the rent paid by tenants. One of the most complex of these costs is the Common Area Maintenance (CAM) charges. These charges cover expenses related to the...

Please join me and ICONIC in welcoming two new regional restaurant clients that opened locations in the last few weeks: The Taco Stand (https://www.thetacostandtaqueria.com/) in downtown Birmingham at 344 Hamilton Row and The Hudson Café (https://hudson-cafe.com/detroit-the-hudson-cafe-locations-northville)  Northville at 17101 Haggerty Rd, Northville in front of...

Last night I watched the movie "The Banker" on Apple TV it tells the story of two African American entrepreneurs, Bernard Garrett and Joe Morris, who worked to overcome racist housing laws and regulations in the 1950s and 1960s by buying and running banks with...

If you’re looking for a powerful tax strategy to help you maximize your real estate investments, a 1031 exchange may be the perfect solution. A 1031 exchange, also known as a like-kind exchange, allows investors to defer capital gains taxes on the sale of investment...

Last week we discussed the many types of Commercial Real Estate ownership, today I'd like to dive a little deeper on the commercial real estate syndication. A partnership in which a group of investors pool their money to purchase and manage a commercial property. The partnership...

There are several ways to get involved in commercial real estate ownership, today I have outlined a few for you to consider.  If you’re looking to take your next steps into CRE, please reach out to myself, Kees@iconicdet.com or any of our agents here at ICONIC...

As the new year begins, a hot topic has been inflation and how it impacts  our industry and business. Inflation is a measure of the rate at which the general level of prices for goods and services is rising and, subsequently, purchasing power is falling. Central...

Real Estate Technology Revolution Technology is rapidly changing the face of real estate, it’s no surprise the most viewed article last week focused on the companies leading the charge.  Each company in the article focused in slightly different areas of disruption, perhaps the most interesting to...