Retail shopping centers have long been a popular form of commercial real estate investment, due to their semi-passive cash flow and appreciation in value
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5 Things You Need to Know About a Michigan Commercial Lease
From a legal perspective, the basic requirements that a commercial
What is Receivership? What You Need to Know About the Recent Changes to the Michigan Receivership Act
Effective May 7, 2018, Michigan adopted what was previously called the “uniform commercial real estate receivership act”, MCL 554.1011, et seq., which was described as: “AN ACT to enact the uniform commercial real estate receivership act; to provide for the appointment of receivers to take possession of commercial real property
The Impact of COVID-19 on Commercial Real Estate
The Coronavirus and the State of Emergency On March 10, 2020, the Michigan Department of Health and Human Services identified the first two presumptive cases of coronavirus, also known as COVID-19, in the State of Michigan. On March 16, 2020 Governor Whitmer signed Executive Order 2020-9 which closed restaurants, bars,
