Two office properties facing new futures, a rock legend who can’t sell his house and a new St. Louis Fed chief. From the wild and wooly world of real estate, here are the hits and misses for the week of Jan. 1-5. Hit: A New Life for an Old Office Property: The...
Rocket Companies (NYSE: RKT) announced the appointment of Jonathan Mildenhall to the newly created position of chief marketing officer (CMO), effective Jan. 8. In this new role, Mildenhall will be responsible for creating a unified and compelling voice for all...
Friedman Real Estate, a Farmington Hills, Michigan-based commercial property firm, has acquired two of the seven office towers within Detroit’s Renaissance Center complex. According to a Detroit Free Press report, the company acquired the 21-story Towers 500 and 600...
Detroit-based Rocket Companies Inc. (NYSE:RKT) announced the expansion of its board of directors from seven to eight with the addition of CEO Varun Krishna to serve as a Class III director. Krishna’s directorship became effective on Dec. 21 for a term expiring at the...
Revela, a Detroit-headquartered property management software provider, has raised a $9 million Series A funding round. This marks Revela’s inaugural fundraising initiative since its founding. The company said the newly-raised funds will be used to strengthen...