Real estate borrowers bearing more risk

LANSING - Michigan may be the "Water Wonderland," as the state's license plates used to say, but one liquid asset - money for commercial real estate projects - is in short supply.The massive credit crisis has left many developers and investors thirsty - not to...

Construction: Lumber prices down, optimism up

REGION - Just in time for the summer building season, the mood exchanged over the sales counter at Northern Lumber in Suttons Bay is a little brighter these days than owner Ed Beuerle says he has felt in months. Prices are low enough, he said,...

‘Vision’ puts region ahead of curve

During times of economic hardship people are forced to think about things in different ways to remain viable and successful. Real estate is obviously one area of the economy experiencing significant changes in the way it is viewed, both internally and externally. The continuous improvement...

Bates Road discussion slows development decision

ACME TWP. - It's been almost two years since a large-scale commercial development was proposed in Grand Traverse County's Acme Township, an area perhaps best know recently for controversy surrounding a proposed Meijer store and commercial development.However, residents will have to wait a few more...

Survive and thrive: Fewer jobs mean interesting work for some

REGION - Looked at a certain way, Oryana Natural Foods Market is a great big laboratory. Just not the kind of laboratory store manager Jody Gagnier went to college to work in. Gagnier graduated from Central Michigan University with a degree in Environmental Policy and...

‘Going global’ not for just large corporations anymore

Struggling in your local market, or your state market? Have you considered competing in the global marketplace? Let's begin by framing the opportunity. There are 193 independent countries on this big blue marble in space, and the latest estimates peg the current world population at 6.6...