Imagine that you have all the money you need to build your dream home, but you can't find the carpenter, electrician, plumber, or roofer you need to complete the work. As time goes on, you find yourself outbid for desirable builders and lots. Our region faces this...
The grass isn’t always greener on the other side. But enough businesses from downstate must see green grass in this area, as more and more of them open offices or outlets in this area. But what do those in the Motor City – or for...
When opportunity knocks, sometimes it takes a while for someone to answer. While more than 53 projects have been announced in the Opportunity Zones across Michigan, there hasn’t been any action on the one which straddles portions of Traverse City and Garfield Township. “It didn’t blow...
Terry Beia and his partners had just sold some assets in their Traverse City-based oil and gas company, Omega Resources. So where to reinvest the gains? It was 1998, with investment choices galore, from a booming stock market to continued strength in the oil fields...
[caption id="attachment_26324" align="alignleft" width="300"] Joint Ventures is set to open a store called Highly Cannaco at 752 Munson Ave. in the former home of Life Story Funeral Home.[/caption] A lottery for 13 local marijuana dispensary/retail store licenses this past year sent commercial real estate prices in...
Having worked in the real estate industry for more than 20 years now, the age-old question that gets asked about once a week is, “So, how is the market?” My initial reaction has always been, “Well, what street are you referring to?” I don’t say this...
Everyone knows the big players on the real estate scene that boast 10, 20 or more Realtors in each office. But smaller operations abound in northern Michigan – boutique brokerages with a handful of agents. These smaller outfits say that they are not only surviving, but...
As anyone who has looked into building a home in the past couple years has found out, building costs have increased. While escalating home costs have made it difficult to find a three-bedroom, two-bath home for less than $200,000, it’s still easier than trying to...
LochenHeath – the exclusive waterfront golf development on the shores of East Grand Traverse Bay – could soon become a private golf club again. Owners have greenlit construction of upscale “statement” cottages on the course, which could be a key step in attracting outside members...
When Eric Gerstner decided he wanted to rehabilitate the Tru Fit Trouser building on Woodmere Avenue, neither it nor the surrounding area were especially desirable locations. Today the corridor includes several businesses which have injected new life into the area. That includes Gerstner's property, which is...
