Nick Manes

Detroit

Reporter at Crain's Detroit Business

Reporter at @crainsdetroit covering residential RE, mortgage companies and Detroit mayor race. Husband, biker, golfer, Lions fan. [email protected]

Articles

Rocket-Redfin acquisition deal approved by shareholders

3 days ago | crainsdetroit.com | Nick Manes

Rocket Companies Inc. is one step closer to closing its deal to acquire online real estate brokerage Redfin Corp. Shareholders of Seattle-based Redfin (NASDAQ: RDFN) on Wednesday approved the planned acquisition by Rocket, the mortgage and consumer finance giant (NYSE: RKT) headquartered in downtown Detroit. The $1.75 billion all-stock deal aims to position Rocket’s mortgage lending business — the third largest in the nation — even closer to the would-be homebuying consumer.
Renovation of mid-century style house with lake views became a family affair. Now it's for sale.

4 days ago | crainsdetroit.com | Nick Manes

After a years-long “labor of love” renovation project, a Bloomfield Township house just off Walnut Lake is for sale for $1.6 million. Built in 1976, the house was constructed in a mid-century modern style that homeowners Rick and Melissa Kewley sought to update to a more modern aesthetic, while also fixing grading issues that they said led to a frequently slippery driveway during Michigan’s cold months.
Ryder Cup captain among top players committed to Rocket Classic in Detroit

6 days ago | crainsdetroit.com | Nick Manes

The road to playing in golf's most illustrious team event could run right through Detroit. While much remains in flux ahead of this year's Ryder Cup — set to take place in late September outside New York City — myriad player commitments for the Rocket Classic announced Monday highlight potential drama should some be in contention at the Detroit Golf Club when the annual PGA Tour event takes place at the end of the month.
This century-old Bloomfield Hills mansion has architectural pedigree — and a view

1 week ago | crainsdetroit.com | Nick Manes

A Bloomfield Hills mansion steeped in old money Oakland County history will hit the market soon. Dubbed “Quartermore” when it was constructed a century ago, the 2.8-acre estate sits on private Vhay Lake — one of just 24 homes on the lake — and directly across the street from the Bloomfield Open Hunt club, allowing the original owner 15 minutes extra sleep before his morning hunt. And while the Bloomfield Hills home has no shortage of historic touches, it offers myriad amenities for modern living.
Champion Homes reports 35% profit growth, plans Midwest retailer acquisition

1 week ago | crainsdetroit.com | Nick Manes

Amid growing revenue and profitability, Champion Homes Inc. is again growing via acquisition. The Troy-based producer of factory-built housing on Tuesday morning announced its fourth quarter and full year earnings for the 2025 fiscal year, which showed the publicly-traded company increasing its top and bottom lines.
Nautical-themed mansion on St. Clair River for sale for $3M

2 weeks ago | crainsdetroit.com | Nick Manes

A for-sale waterfront mansion in St. Clair County plays heavily toward nautical enthusiasts. The 8,865-square-foot home, located directly on the St. Clair River in Cottrellville Township just south of Marine City, includes multiple rooms that offer sweeping views of the water where freighters and the occasional cruise ship pass regularly. Indeed, when a Crain’s reporter toured the home last week, a Viking river cruise ship sailing north to Alpena happened to pass by.
Detroit's population is rising, but the housing market outlook is murky

2 weeks ago | crainsdetroit.com | Nick Manes

While undoubtedly good news that Detroit’s population is back on the rise, the implications for the city’s housing market are a bit more murky. Detroit Mayor Mike Duggan last week announced that Detroit gained population for the second year in a row, growing 1.1% last year from 2023, with a total estimated population of 645,705 residents. That growth led in the state of Michigan and places Detroit as the 26th largest city in the country, in between Portland, Ore., and Boston.
Lions owner and family, Jay Farner among backers of new Detroit-branded team for Tiger Woods' golf league

2 weeks ago | crainsdetroit.com | Nick Manes

The owner of the Detroit Lions, her family and a host of other local and national investors are teaming up to bring a Detroit-branded team to a new indoor golf league started by some of the game’s biggest stars. TMRW Sports, the company launched by golf superstars Tiger Woods and Rory McIlroy and which operates indoor simulator golf league TGL (TMRW Golf League), on Tuesday formally announced its first expansion with the launch of the Motor City Golf Club.
More development envisioned for Detroit's improving Dexter Avenue corridor

2 weeks ago | crainsdetroit.com | Nick Manes

City officials continue to push development in a “stabilizing” Detroit neighborhood that’s seen significant public and private investment in recent months. The city’s Housing and Revitalization Department on Monday issued a request for proposals for three vacant parcels along Dexter Avenue in the Dexter-Linwood neighborhood, about 9 miles northwest of Detroit’s central business district.
The highest paid CEO in Detroit isn't an auto executive this year

2 weeks ago | autonews.com | Nick Manes |Kurt Nagl |John Irwin |Luca Ciferri

Our 100 Leading Women for 2025 are visionaries, problem-solvers and catalysts for change. The fact that they are women matters deeply, but it is not the whole story. They are here because of what they do — and how well they do it.