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Miller Canfield congratulates its clients, the City of Detroit, and the Detroit Brownfield Redevelopment Authority on the successful assembly of nearly 215 acres of property—without the use of eminent domain—that will enable Fiat Chrysler Automobiles to move forward with its highly publicized Mack Assembly project. FCA plans to invest $2.5 billion in the project, where it will build new versions of the Jeep Grand Cherokee, creating approximately 5,000 jobs.
Miller Canfield is pleased to announce that Ronald E. Hodess has been named to the Midwest Real Estate Journal's Hall of Fame.
Hodess is a principal attorney and the leader of Miller Canfield's Real Estate Group. He has worked on more than $14 billion worth of real estate and construction projects for both U.S. and international clients.
Miller Canfield is pleased to announce that Yuri Shidenko has joined the firm as a senior counsel in the Real Estate Group in Chicago. The announcement was made by CEO Michael McGee.
Luke Polcyn is joining Miller Canfield's Real Estate Group. He previously worked as an attorney for the Detroit Land Bank Authority.
When it comes to the post-recession commercial real estate recovery, it’s clear that not all markets are equal. While some are experiencing red-hot growth, some of the hottest have begun to cool a bit, some markets are lukewarm at best, and there is widening disparity among them.
Attendees at the recent Commercial Real Estate Finance Council and Mortgage Bankers Association-Commercial Real Estate Finance conferences had varying opinions. While there are clearly differences of opinion on whether the fundamental bellwethers of commercial real estate will grow, plateau or decline in 2017, the majority of real estate professionals are optimistic in their predictions of what the coming year will hold.