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...
People often ask me, if I am expanding retailer what is the best expansion strategy? The reality is there is not a singular answer to this question, a whole host of factors go into determining the best strategy for a particular retailer. Some of the...
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...
Dean & DeLuca – Who, What, Where, When and Why? Last week’s most clicked article was not a good vibe type story, rather it was one highlighting the shuttering of several Dean & Deluca locations around the globe. Dean & DeLuca for those who don’t know,...
Xanadu - The American Dream Mall Each week my office manager Carolyn and I compile the weeks most interesting Detroit, retail, Real Estate and other articles that we find interesting, we whittle it down and send it along on Saturday mornings for you all to digest. ...