Candice Williams

1 week ago | theoaklandpress.com | Candice Williams

By Candice Williams, The Detroit NewsDevelopers say leasing is underway at Birmingham Pointe, a recently completed mixed-use luxury development in downtown Birmingham’s Triangle District that replaced a former Citizens Bank building. The six-story building at 707 S. Worth St. includes 152 residential units, offering a mix of one-, two- and three-bedroom apartments and penthouses. Construction was completed in April.

1 week ago | miamiherald.com | Candice Williams

United Wholesale Mortgage reported a first-quarter net loss of $247 million on total revenue of $613.5 million, down from a profit of $180.5 million during the same period last year. A $388 million reduction in the fair value of its mortgage servicing rights portfolio impacted the results, the Pontiac, Michigan-based lender said Tuesday. The lender's loss in the first quarter follows a profitable fourth quarter, when it posted net income of $40.6 million.

3 weeks ago | detroitnews.com | Candice Williams

BUSINESS Candice WilliamsThe Detroit NewsView Comments The Michigan Strategic Fund Board on Tuesday approved incentives to support a new health care facility in downtown Detroit from BAMF Health, a Grand Rapids-based medical technology company specializing in cancer and Alzheimer’s treatment. The 45,000-square-foot facility is part of Bedrock's development of a 14-acre district on the failed jail site along Gratiot at Interstate 375.

3 weeks ago | detroitnews.com | Candice Williams

REAL ESTATE Candice WilliamsThe Detroit NewsView Comments One of the two smaller towers in the Renaissance Center complex could include high-end apartments in the future following its recent sale to an investor group led by Metro Detroit pulmonologist Dr. Mahmoud Al-Hadidi. Al-Hadidi’s firm, Warren-based Stockbridge Enterprises, submitted the winning $9.2 million bid in an auction last month for Tower 600, one of the shorter towers that are part of the Renaissance Center complex.

3 weeks ago | detroitnews.com | Candice Williams

BUSINESS Candice WilliamsThe Detroit NewsView Comments United Wholesale Mortgage is facing a lawsuit from Ohio Attorney General Dave Yost, who is accusing the company of conspiring with mortgage brokers to deceive customers and drive up loan costs. “Buying a home is hard enough without having to worry about a lender scheming behind your back,” Yost said in a statement.