Condos Are King in Downtown TC

“The condo market is alive and well.” That’s according to Perry Pentiuk of Leland-based Venture Properties, who markets properties of all stripes around the area. And it’s echoed by numerous other real estate professionals, who in many cases are selling condo units as fast as...

Millennials and McMansions: Are they compatible?

[caption id="attachment_9542" align="alignleft" width="300"] A home that sold for $1.3 million in Leland on North Lake Leelanau.[/caption] As the housing industry continues to rebound from the depths of the recession, a potential problem lurks: the question of where and what kind of home will remain popular...

Buy/Sell Considerations for Properties with Conservation Easements

Northern Michigan is blessed with unmatched environmental beauty and abundant natural resources. Landowners hoping to protect properties for future generations to enjoy often work with regional land conservancies on strategies. A conservation easement is a common tool which often benefits all parties. However, there are...

TC Banking Market Growing, Hotly Competitive

Banks seem to hook up with new partners faster than Hollywood celebrities, changing their names and often confusing their customers who feel they’re already dealing with enough financial upheaval in their lives. But most of the major players in the local banking market have been around...

SBA Lending Eases as Economy Expands

Loan volume in the Small Business Administration’s (SBA) flagship loan guarantee program has tailed off locally in the past several years, but that’s not necessarily a bad thing. Lenders generated $13.6 million in U.S. SBA-guaranteed loans in Grand Traverse County in the fiscal year ending Sept....

Health Insurance: Businesses take varying approaches to weighty decision

Like many insurance agents, Terry Roote has seen the challenges small businesses face in providing health insurance, weighing the benefits of what can be a competitive and attractive employee offering, against the costs. “I’ve seen this happen more than once, where the employer will say ‘listen,...